FY28 revenue target of 1,000 cr
Management reiterated confidence in achieving 1,000 cr revenue by FY28, supported by strong Q1 performance and strategic initiatives.
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C.E. Info Systems · forward-looking guidance across the available source record.
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What management said would happen.
revenue
EBITDA margin guidance of 35%+ for FY26
Management guided for EBITDA margin of 35%+ for FY26, though Q1 came in at 46%.
IoT business growth to resume from Q2
Management expects IoT business to return to growth path and improve profitability from next quarter after transition.
JV TLT revenues to start from FY27
The Hyundai JV (TLT) is in build phase and expected to start generating revenues from end of FY26 or Q1 FY27.
FY27 EBITDA Margin Target: 35%+
Management maintained its annual EBITDA margin guidance of 35% plus, noting quarterly fluctuations due to mix and seasonality. Q1 margin was 40.2% including the one-time write-off impact.
AI-Native Product Development Acceleration
Rohan W.H.M.A. emphasized leaning heavily into AI-native product development and AI-native organization transformation, building on 5-7 years of existing AI usage for map enhancement.
Open Order Book Provides Multi-Year Visibility
The 1,750 crore order book, grown from 1,350 crore over two years, provides revenue conversion visibility across automotive, enterprise, and government segments.