• Financial performance: Q4 sales increased 58% year-on-year to ₹1,465 crore and net profit rose 56% to ₹119 crore, driven by end-to-end design solutions, PLI initiatives, and expansion into defense and maritime sectors.
• Order book expansion: The order book reached approximately ₹6,600 crore by the end of March, marking a 25% increase over the previous year's ₹4,800 crore after accounting for delivered revenues.
• Margin and growth: Management is guiding for 35% growth in FY27 alongside EBITDA margins of 10.5% to 11%, balancing high-margin verticals like healthcare, defense, and industrial with high-volume non-ODM segments.
• Export targets: Following a 41% growth in export revenue last year, the company plans to increase exports from 25%–26% of turnover to more than 30% over the next two to three years.
• Cash and debt: The balance sheet maintains a net cash position of ₹477 crore against gross debt of about ₹377 crore, supported by full-year operating cash flows of ₹290 crore.