Analysts/Institutional Investor Meet/Con. Call Updates

AI summary - Q1 FY27 revenue INR946 crore +40% y-y; EBITDA INR147.6 crore +31% y-y; EBITDA margin 15.6% - EMS business grew 48% y-y; smart metering business degrew due to working capital and flood impact - OSAT and PCB capex INR1,200 crore spent; commercial production to start Q3 FY27; INR500 crore revenue target FY27 - Strong order book INR9,000 crore; new customer wins including large EV manufacturer and global brands - Working capital days at 190; strategic inventory buildup amid supply chain disruptions - Margin pressure expected due to component cost inflation and supply shortages; pricing pass-through ongoing - Space tech: 3U satellite prototype ready; launch expected mid-2027; titanium gas bottle manufacturing for ISRO and DRDO - Capex guidance FY27: INR300 crore each for OSAT and PCB, INR250 crore for EMS; funding on track - Management committed to balance sheet improvement and operational excellence