• Margin recovery outlook: EBITDA margins compressed by 300 to 325 basis points due to upfront employee additions and new ESOP expenses, but stable gross margins of 45–46% and asset ramp-ups are expected to restore normalized margins starting in Q3.
• Capacity expansion plans: The company is establishing 5 new manufacturing plants across temperature sensors, electrical heaters, and special cables, which will create roughly ₹500 crore in potential output by next year.
• Export revenue surge: International sales jumped 78% YoY to account for approximately 34% of total revenue, driven by organic growth above 30% alongside operational contributions from subsidiaries in Mexico, Korea, Poland, and Germany.
• Order book visibility: While standard heavy-industry demand provides 4 to 4.5 months of visibility, recent OEM agreements and an automotive joint venture with Victora Auto have expanded sales visibility to 9–12 months and up to 5 years.