• Growth trajectory: Management expects to sustain high growth momentum over the next couple of financial years, noting that strong Q4 performance is an industry trend built on momentum from earlier quarters.
• Order book expansion: The current order book stands at over 1,000 crores and is projected to nearly double within the next 3 to 6 months, driven by optics, defence engineering, and anti-drone systems.
• Raw material insulation: Despite operating mostly under fixed-price contracts, raw material cost increases have a negligible impact on profitability due to process optimization and value-added manufacturing.
• Target revenue mix: The company is targeting an upcoming revenue mix of 45% optics, 40% defence engineering, and 15% anti-drone systems to support profitability.
• Supply chain and exports: Management sees no supply chain disruptions from geopolitical conflicts and expects rising export opportunities as foreign companies partner with Indian defence manufacturers.