Earning Call Transcript Q1FY27

AI summary - Q1FY27 sales grew 18.6% to INR770 Cr; EBITDA margin stable at 13.5%; PAT up 16.3% - FY27 margin guidance around 14%, with raw material cost pass-through expected over quarters - FY27 revenue growth guidance: 15-20% - 4-wheeler business remains ~2.5% of revenue; meaningful growth expected from FY28 onwards - EV segment volume share rose to 9% in Q1; EV platforms carry higher LED lighting content - Capex of INR41 Cr in Q1; full year capex guidance INR100 Cr, mainly for Hosur plant expansion - New tech initiatives: hands-off detection and light control modules under development - Wallet share with top customers stable; over 100 models in pipeline - LED lighting share in revenue at 63% (value basis), expected to rise to ~70% in 24-30 months