• Margin targets: Management targets PAT margins of 13% to 14% and EBITDA margins of 21% to 24% as scale improves, noting that rupee depreciation helps offset raw material cost increases on foreign orders.
• Revenue outlook: The company projects FY27 revenue upward of ₹875 crore—representing an 18% to 19% increase over ₹736 crore in FY26—and aims to reach close to ₹1,500 crore in four to five years.
• US operations: With tariffs stabilizing at 15% and an order book of $40 million, US revenue is projected to reach $39 million to $40 million, alongside a potential tariff refund of $1.5 million to $2.5 million following a Supreme Court ruling.
• UK expansion: Leveraging its acquisitions of Waterfront and Penstock UK, the company expects to quadruple its UK revenue from slightly over ₹40 crore to between ₹125 crore and ₹150 crore within three years.