Investor Presentation

AI summary - Q2 FY27 consolidated revenue 786 Cr +48% y-y; EBITDA 108 Cr +51% y-y; PAT 56 Cr +42% y-y - Indian commercial vehicle industry grew 34% y-y in Q2 FY27; M&HCV segment +37% - Stabilizer bar business awarded by Daimler India CV; Owen Springs acquisition completed Sept 2026 - Indore plant assembly ready; production to start post administrative approval in Nov 2026 - Leaf spring line relocated to Malanpur with unchanged 1,500 MT/month capacity - Strategic target: ₹5,000 Cr revenue, 40% new markets, 40% ROCE, 50% dividend payout by FY30 - Board approved interim dividend Rs 1/share; future buyback/dividend possible