Full-year revenue and EBITDA margin guidance reaffirmed
Management confirmed confidence in achieving earlier guidance on revenue and margins, with margins expected to improve in H2 due to better product mix.
DATAPATTNS / guidance tracker
Keep management guidance in view.
Data Patterns (India) · forward-looking guidance across the available source record.
Research layer active
Guidance tracker
What management said would happen.
revenue
Order inflows expected to exceed ₹1,000 crore in H2
Management expects more than ₹1,000 crore in order inflows in H2, including conversion of ₹550 crore negotiated orders and additional large contracts.
BrahMos seeker contract expected soon
Negotiations for the BrahMos seeker contract are complete; contract expected to be signed and could lead to production orders.
Export focus with dedicated team and co-development agreements
Management plans to set up a dedicated export team and has signed co-development agreements with foreign MNCs for worldwide radar and EW requirements.
Revenue growth 20-25% over medium term
Management expects to deliver 20-25% revenue growth over the medium term, supported by strong order book and pipeline.
Healthy EBITDA margins maintained
EBITDA margins expected to remain healthy, similar to historical levels, though mix-dependent.
Working capital days to reduce to 270-300 days over 3-5 years
Working capital cycle expected to gradually improve from current ~340 days to 270-300 days as collections improve.
Seeker production orders expected in FY26-27
BrahMos seeker development complete; production orders expected in FY26-27 after delivery of development units.
Revenue growth of 20-25% in FY27
Management expects revenue to grow 20-25% in the short term, driven by strong order book and repeat orders.
EBITDA margin of 38-40%
Management guided for healthy EBITDA margins of 38-40% going forward, supported by operational efficiencies.
Additional orders of ₹1,500-2,000 crore in FY27
Management expects order inflows of ₹1,500-2,000 crore in FY27, including ₹900 crore of repeat orders from existing programs.
Negotiated orders of ₹1,000 crore to convert in 1-2 months
Management expects the negotiated orders of approximately ₹1,000 crore to be finalized in the next 1-2 months.