Analysts/Institutional Investor Meet/Con. Call Updates

AI summary - Q2 FY27 revenue at INR 1211 Cr; EBITDA margin 12.42%; net profit up 7.64% to INR 83 Cr - H1 FY27 revenue INR 2491 Cr; EBITDA margin 13.24%; net profit up 15.94% to INR 177 Cr - Order book at INR 13,546 Cr with 64% hydropower, 14% irrigation, 4% tunneling - INR 30,000 Cr bids submitted across ~15 projects; INR 50,000 Cr pipeline expected next 12 months - Key project milestones: 5 of 8 Subansiri units operational; Sleemanabad tunnel breakthrough - Promoter pledge reduced from ~90% to 67%; further reduction planned next year - Debt at INR 1312 Cr; term debt INR 350 Cr; working capital debt INR 960 Cr - Capex ~INR 150 Cr annually for machinery; focus on selective bidding and execution - Arbitration awards on track for INR 100-150 Cr in FY27 - Revenue growth for FY27 expected marginal at 7-8%; stronger growth anticipated FY28 onward