Ghana plant expected in 1.5 years
Land procured in Ghana, awaiting government clearances; plant expected to be operational in 1.5 years.
AIAENG / guidance tracker
Keep management guidance in view.
AIA Engineering · forward-looking guidance across the available source record.
Research layer active
Guidance tracker
What management said would happen.
expansion
China plant expected in 1.5-2 years
China facility in evaluation stage; expected to be operational in 1.5-2 years.
Capex for Q4 ~₹50-55 crore
Balance capex for FY26 expected around ₹50-55 crore in Q4, including ₹30 crore for solar hybrid capacity.
Sustainable realization of ₹165/kg
Management indicated that the Q4 realization of ₹178/kg is not sustainable due to one-off product mix and forex gains; a normalized level of ₹165/kg should be used for modeling.
Capex outflow of ₹150 crore in FY27
Total capex expected to be between ₹60-100 crore for maintenance and balancing equipment, plus ~₹30 crore to complete renewable energy projects, totaling around ₹150 crore.
Renewable energy to cover 60-65% of power by June/July
Once the remaining renewable projects are commissioned, about 60-65% of the company's power requirements will come from renewable sources, reducing power costs.
No volume guidance for FY27
Management declined to provide specific volume growth guidance, citing early stage of the new solution adoption and macro uncertainty.