• Data center demand: Wire and cable demand driven by the expansion of data centers is expected to reach ₹30,000 to ₹35,000 crore across the industry over the next three years.
• EBITDA margin guidance: Margins improved due to plant efficiencies and a better product mix, with sustainable EBITDA margins now guided higher at 11% to 12% compared to historical levels of 10.5% to 11%.
• Export recovery outlook: Following Q1 export disruptions caused by Middle East shipping blockades and US customs duty issues, overseas business is recovering across all geographies and is guided to contribute 16% to 18% of total turnover.
• Order book breakdown: The company holds a pending order book of ₹4,290 crore, consisting of ₹270 crore in EPC projects, over ₹800 crore in export orders, and the remainder in domestic cable orders.
• Capacity expansion plans: The first phase of the Sanand facility has been commissioned and is ramping up production, while the remaining 60% of the project is on track for completion by March 2027 to support an expected >20% CAGR over the next 3 to 5 years.