Aerospace 25% annual growth commitment
Management committed to 25% YoY growth in aerospace segment for FY27, having already exceeded this in Q1 at 40.4%. This forms the baseline organic growth target.
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Raymond · forward-looking guidance across the available source record.
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growth
Aerospace margin target of 25% at maturity
Target EBITDA margin for aerospace business at steady state is ~25%, compared to current 21.2%. Margins will stabilize as newly developed programs transition into production.
Precision tech margin range of 12-13%
Management targets ~12-13% EBITDA margin for precision manufacturing business in the near term, with potential upside as product mix improves.
Andhra Pradesh facility commercial production late 2027
Greenfield facility near Bangalore airport on track with commercial production targeted for late 2027, preceded by 6-month customer approval processes.
Aerospace margin expansion to 23-25%
Long-term EBITDA margin target for aerospace segment driven by efficiencies, synergies, and operating leverage as new products mature and scale.
Auto precision margins to break 15% barrier
Management targets sustained margin expansion beyond 15% in precision technology and auto components, up from current 13.7% in Q3 FY26.
200 crore annual capex deployment
100 crore per year for aerospace and 100 crore per year for auto precision, combining capacity expansion, capability enhancement, and maintenance capex over the next several years.
Andhra Pradesh greenfield: 930 crore over 5 years
500 crore for aerospace and 430 crore for auto precision segments in Andhra Pradesh facility, creating cost advantages and strategic positioning.
Aerospace 25% CAGR growth
Management expects 25% year-on-year growth in aerospace revenue, with existing capacity sufficient for FY27 and new Andhra plant contributing from FY29.
Capex plan of ₹930 crore over 5 years
₹500 crore for aerospace (greenfield in Andhra) and ₹430 crore for precision technology; annual spend ~₹200 crore, funded through internal accruals and debt.
New component addition target of 250-350 per year
Targeting one new component per day; 250-350 new components annually, with 20-25% as sub-assemblies to move up value chain.
Precision tech margins sustainable at ~15%
Excluding one-time gains, EBITDA margins of ~15% are sustainable due to permanent cost synergies and operational efficiencies.