Analysts/Institutional Investor Meet/Con. Call Updates

AI summary - Q2 FY27 operational revenue INR417 Cr, +11.43% q-q; EBITDA INR82.28 Cr, margin 19.7% - Order book INR10,000+ Cr, 90% international, strong long-term visibility - FY27 revenue guidance INR1,900-2,000 Cr; EBITDA margin target ~20%, with 200-400 bps improvement by FY27 end - Capex investments of £8-9 million in UK acquisitions improving operational efficiency - Aerospace capacity utilization India ~15%, ramping to 50-60% by FY28; UK backfill contracts secured - Defense exports order book INR2,700 Cr; repeat orders from NATO customers; margin expansion from insourcing - INR3,000 Cr fundraise planned for acquisitions, targeting USD100-150 million companies - EBITDA margin in aerospace expected to reach 25-30% by FY28 with India manufacturing ramp-up - Counter-drone solutions deployed; exclusive MOU with Munitions India Limited for course correction tech - Management committed to routine earnings calls to update on rapid business transformation