Revenue target of ₹1,000 crore by FY29
Management targets 25-30% CAGR revenue growth to reach ₹1,000 crore by FY29, driven by power, defense, railway, and export sectors.
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Keep management guidance in view.
Dangee Dums · forward-looking guidance across the available source record.
Research layer active
Guidance tracker
What management said would happen.
revenue
Double-digit EBITDA margin in FY27
EBITDA margin expected to improve to 10%+ in FY27 from 9% in FY26, aided by cost controls and solar power installation.
Flux-cored wire production from July 2026
New flux-cored wire line to commence production in July 2026, targeting ₹50 crore annual revenue.
Non-core asset monetization of ₹400 crore
Thane land development expected to generate over ₹400 crore cash flows over 5 years, to be used for acquisitions and shareholder rewards.