• Order backlog status: The company holds an all-time high order backlog exceeding ₹17,200 crore, excluding preferred bidder positions in Kuwait ($384 million) and Saudi Arabia ($200+ million) that are expected to convert into orders by the second quarter.
• Growth and margins: Management maintained its 3-to-5-year revenue CAGR target of 15% to 20% after achieving over 20% this year, while holding margin guidance steady at 13% to 15%.
• Middle East operations: Execution on approximately ₹5,000+ crore worth of regional projects remains fully intact without disruption, supported by adequate labor availability and safety protocols.
• Raw material exposure: Inflation risks for current projects are mitigated by pre-booked construction and supply contracts, while new contracts will feature price-negotiation clauses.