• Sankyu strategic partnership: TVS Supply Chain Solutions signed an MOU with Japan-based Sankyu Inc. to expand into engineering services, plant deployment, and aftermarket maintenance for advanced manufacturing, steel, and oil and gas sectors.
• Market opportunity: Management estimates India's engineering services market at $160 billion to $180 billion annually, targeting an addressable supply chain portion worth $16 billion to $17 billion.
• Equity stake acquisition: Sankyu plans to acquire a 0.5% equity stake in TVS Supply Chain Solutions at market pricing, pending regulatory approvals expected in the near future.
• Revenue growth outlook: Following 28% growth in Q1, company revenue guidance for FY27 was revised upward to mid-to-high teens, with the Sankyu partnership expected to provide purely incremental upside primarily from FY28 onwards.