Analysts/Institutional Investor Meet/Con. Call Updates

AI summary - Q2FY27 revenue grew 16.9% YoY to Rs. 2,827.3 million; PAT margin at 20.6%, highest since IPO - Automotive segment grew 21.7% YoY, outperforming industry growth of 17.8% - EBITDA margin improved to 31%, driven by product mix, exports, and operational efficiency - New chrome plating facility in Pune operational from Aug 2026; Bengaluru plant expansion to start commercial production in Q3FY27 - Exports grew 23.1% YoY, targeting 14%-15% of revenue by FY28 - Capex of Rs. 2,700-2,850 million planned through FY28, funded by internal accruals - Product rationalization led to exiting low-margin SKUs, improving profitability - Display business with BOE Varitronix progressing; targeting Rs. 500-700 crore revenue by 2031 - Capacity utilization at standalone SJS around 60%, with 20% capacity added; no immediate further expansion planned - Management confident of profitable growth ahead of industry with 1.2x-1.5x growth guidance for FY27