Margin normalization in FY27
Margins should progressively normalize in FY27 as negotiations with clients to recover tariff support conclude.
HIMATSEIDE / guidance tracker
Keep management guidance in view.
Himatsingka Seide · forward-looking guidance across the available source record.
Research layer active
Guidance tracker
What management said would happen.
margins
India revenue target of ₹400-500 crore in 2 years
India business expected to reach ₹400-500 crore revenue in the next 18-24 months.
US revenue share below 50% in 18-24 months
US revenue share expected to fall substantially below 50% over the next 18-24 months.
New product verticals within maintenance capex
New product verticals (apparel, fabric, yarn) will be funded within existing annual maintenance capex, with no incremental capex.