• Bloom order impact: Demand from Oracle's order to Bloom Energy is expected to directly benefit MTAR over multiple years, prompting the company to execute capacity expansions and workforce training to meet requirements.
• Working capital reduction: Management is comfortable with funding and expects working capital days to decrease quarter-on-quarter and into March through revised customer credit terms.
• Customer diversification strategy: Bloom Energy currently accounts for 55% to 60% of MTAR's revenue, but the company has an active diversification strategy supported by strong order books in aerospace, space, and a new entry into oil and gas.
• Nuclear order pipeline: The nuclear division holds an order book of ₹650 to ₹700 crore and expects exponential year-on-year growth without historical cyclicality, driven by upcoming domestic reactor tenders next year.