Q4-FY26 · Chad Patel
We feel that this is a bit premature for us to give any margin guidance for FY27 for three very clear reasons: steel prices have gone up by 20%, freights are very uncertain, and FX we are not able to control exactly.
MBENGINEERING / language trends
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M & B · tone and specificity signals across the available quarters.
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Language signals
What changed in management language.
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Q4-FY26 · Nala Patel
The sectoral import tariff in the US market has recently been reduced by 25%. This is a meaningful improvement and we expect it to enhance competitiveness and improve traction in the US market going forward.
Q4-FY26 · Chad Patel
We are looking at about 16-17% EBITDA on exports vis-à-vis currently about 10-11% that we are getting in the domestic market.