• Capacity expansion timeline: The greenfield project is 70%–80% installed and starting tests, while brownfield expansion will finish by December, enabling expanded capacity invoicing—including new 420 kV and 550 kV ratings—from late December or January 2027.
• US market expansion: Yash Highvoltage has signed a representation agreement with Ensales across 19 US states to fast-track utility qualifications, expecting product sales into the US and data center segments to multiply.
• Revenue growth outlook: Management expects revenue growth in FY27 to exceed 50% (surpassing last year's ~57% growth rate) while maintaining or slightly improving margins and targeting over ₹100 crore in EBITDA.
• Order book visibility: The order book has grown beyond the ₹400 crore reported at the end of March, providing execution visibility for the next 18 to 24 months amid strong global demand.
• Capex fund deployment: IPO proceeds are fully utilized and approximately 60% of the preferential fundraise has been deployed, with remaining funds committed as advances for imported capital equipment carrying 12- to 15-month lead times.