Copy of Earnings Call Transcript of Q1FY27 is attached.

AI summary - Q1 FY27 revenue crossed INR10.2bn, +33% y-y; EBITDA margin 19.2%, PAT margin 8.6% - ADS segment revenue INR1.45bn, tripled y-y; order book increased to INR57.5bn executable by FY31 - Auto ICE segment grew 20.8% y-y; non-auto segment grew 129.9% y-y - Capex underway for ADS: surface treatment facility, new hangar, defense facility relocation - Auto segment expanding forging/machining capacities for crankshafts and connecting rods - ADS margins targeted at 25-30%; overall company margin guidance around 19-20% - Strong demand outlook for domestic two-wheelers, passenger vehicles, and exports - Defense business expansion planned with new capabilities including sheet metal - Management confident of high-teens to 20% revenue growth for FY27; medium-term target INR8,000-9,000 Cr by FY31