Q1-FY26 · Ashish G
Despite a raw material price correction of 3%, driven by our foray into new business segments and onboarding of new business, which helped counter the slowdown in some of our old businesses.
HAPPYFORGE / language trends
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Happy Forgings · tone and specificity signals across the available quarters.
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Language signals
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Q1-FY26 · Ashish G
We are generating 15 to 18% kind of a growth from the new businesses. It is just that the markets have to be stable or markets have to start performing well.
Q1-FY26 · Ashish G
Our direct exposure to US remains modest. However, there is a possibility of indirect impacts on European market arising from recent tariff measures by the US.
Q2-FY26 · Ashish Garg
Our profit growth outpaced the revenue growth supported by margin expansion of about 150 basis points each in gross margin as well as the EBITDA margins as our product mix continues to have a higher share of value added machining of around 88%.
Q2-FY26 · Ashish Garg
We are very hopeful that in next 6 to 8 months probably we should be able to close something on the inorganic side as well.
Q2-FY26 · Ashish Garg
Out of this 550 crores of the total capex for the farm wind and the heavy hammer side almost 350 crores of annual orders are already there in hand.
Q3-FY26 · Ashish Kar
Profitability growth outpaced the revenue growth with PAT increasing to 22.3% year-on-year. This was driven by robust value added as reflected in higher gross margin and operational efficiencies.
Q3-FY26 · Ashish Kar
We have visibility of new and incremental peak annual business of approximately 800 crores expected to commence from FI27 onwards which will scale up over the next two to three years.
Q3-FY26 · Ashish Kar
On the CV side there are excess inventories which are in place. So the flow of new businesses on the CV side is very less post this correction probably we'll have to see because definitely there'll be shift from China and we can see more opportunity on the CV side as well.