• UK expansion timeline: Maxwell Grid Transformers is scheduled to become fully operational by Q1 2028-29 in a phased rollout, targeting grid expansion across the UK, Europe, and parts of Africa.
• Nuclear order execution: Approved as a regular vendor by NPCIL, TARIL expects to execute its generator transformer order within 30 months, with nuclear business potentially scaling to a 50-50 mix against national grids.
• Growth and margins: Management projects revenue growth of around 25% and guided for sustainable EBITDA margins of 16% over the coming years.
• Plant capacity expansion: The Changodar facility is expanding capacity fourfold and is slated to be fully operational by the end of September, with raw material supplies secured through December before reaching self-sufficiency in copper and pressboard in January.