Analysts/Institutional Investor Meet/Con. Call Updates

AI summary - Q2 FY27 total income 467cr +26.6% y-y; EBITDA 100cr +10.8% y-y; EBITDA margin 21.3%; PAT 66cr +7.8% y-y - H1 FY27 total income 849cr; EBITDA 189cr; EBITDA margin 22.3%; PAT 127cr; order backlog 2268cr with 72% exports - Space sector orders approx 1100cr, 15-20% to be executed in FY27, balance by FY28; subcoolers form 60-70% of space orders - Beverage keg sales up 446% y-y in Q2; 3-year global supply agreement with leading brewer for 2027 - Semiconductor sector entry with initial Dholera order; bids for larger projects pending decision in 4-6 weeks - LNG solutions growing with 40+ semi-trailer orders; emerging LNG railway applications with 4 orders - Margin dip in Q2 due to product mix, logistics, strategic pricing; H1 margin 22.3% within guidance range - Manufacturing expansion ongoing; skilled manpower training via SemiOrbit center - Confident on margin recovery and execution despite geopolitical and logistic challenges