Analysts/Institutional Investor Meet/Con. Call Updates

AI summary - Q1 FY27 consolidated revenue grew 39% y-y to INR755 Cr; EBITDA INR34.8 Cr (4.6% margin); PAT loss INR3.4 Cr - Elevated costs from air freight due to shipping delays and raw material price lag impacted margins - Air freight costs expected to peak in Q2, normalize by Q3; customer price revisions underway - 55 new programs in launch phase with 28 ramped up; long-term, profitable contracts with Toyota, Ford, BMW - Hosur plant to start commercial production Sep 2026 for hybrid/EV programs - Railways and defense businesses progressing; RDSO approvals ongoing; 200 defense ranges to be supplied in FY27 - FY27 revenue guidance raised to INR3,200-3,250 Cr; margins expected to improve to near 10% by H2 - Capex focused on small expansions; major projects paused to stabilize current assets - CNC machine sales initiated; target 100 units in FY27 adding ~INR35-40 Cr revenue - 75% of customers converted to real-time raw material price settlements to reduce lag impact