Analyst Presentation - Q1 / FY27

AI summary - Order inflow ₹1080 bn +14% y-y; order book ₹7790 bn +27% y-y; revenue ₹679 bn +7% y-y; PAT ₹41 bn +14% y-y - Infrastructure & Utilities revenue declined due to execution phase; EBITDA margin down 40 bps to 5.1% in Q1 FY27 - Energy Conventional revenue up 14% with stable EBITDA margin at 7.6% - Energy Green revenue down 11% due to solar supply chain issues; margin stable at 6.0% - Manufacturing & Products revenue up 9% with margin decline of 230 bps to 15.2% - Technology, Platforms & Services revenue up 15%; EBITDA margin slightly down to 19.2% - Financial Services showed strong growth with PAT up 29% and RoA at 2.48% - Realty revenue more than doubled; margin declined 1190 bps to 36.9% - Net working capital improved to 4.9% of revenue; ROE at 16.1% including labor code impact - Moody's assigned Baa1 rating with stable outlook; strategic divestments and partnerships ongoing