Analysts/Institutional Investor Meet/Con. Call Updates

AI summary - Standalone Q2 FY27 revenue grew 36% y-y to INR560 Cr; PAT up 13% to INR60 Cr - H1 FY27 revenue up 55% y-y to INR1,179 Cr; PAT up 55% to INR133 Cr with margin improvement - Ash & Coal Handling business growth guided at 20-25% CAGR for FY27 and beyond - Wind energy business expects FY27 EBITDA margin 4-5%, PAT margin 2.5-3%, with indigenization benefits in 1-1.5 years - Ready-mix concrete (RMC) business started operations; contribution to profitability expected from FY28 - Mobility segment achieved positive EBITDA in Q2; PAT profitability targeted within 1 year - Working capital cycle stable at ~130 days; zero bad debts and strong cash flow - Demerger of mobility business pending NCLT approval, expected within 2-3 months - Multiple analyst queries on wind order pipeline, RMC margins, and coal ash growth; management confident on targets