• Order book status: The company's order book stands at approximately ₹16,300 crore, led by Rail and Metro at 65%, Defense at 25%, and Mining at 3% to 4%, with an additional ₹10,000 crore domestic opportunity in metro rolling stock tenders.
• Export growth targets: International order book reached a record $119 million with plans to touch $200 million by the end of the fiscal year, aiming to expand export revenue share from 7% currently to 10% within two to three years.
• Defense order pipeline: Recent Defense Acquisition Council approvals for bridging systems, overhauling, and high-mobility vehicles are anticipated to convert into firm orders within 6 to 10 months, primarily in the fourth quarter or early next fiscal year.
• Revenue mix outlook: Rail, Metro, and Defense segments are projected to drive 65% to 70% of total revenue over the next two to three years, while the Mining and Construction vertical is expected to stabilize at 30% to 35%.
• Mining segment recovery: Execution delays in the domestic mining vertical are expected to subside by the third quarter as deliveries for newly secured international export contracts begin.