FY27 Tenency Target: 17,000 (+10,000 new tenencies)
Management targets adding 10,000 tenencies in FY27 to reach 17,000 total, with 40% in H1 (~4,000) and 60% in H2 (~6,000), split between BSNL (5,000-6,000) and Vi (3,500-4,000).
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Suyog Telematics · forward-looking guidance across the available source record.
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growth
FY26 Revised Tenency Guidance: 7,000-7,500 (down from 9,000)
Due to operator rollout delays, full-year FY26 tenency target revised down from 9,000 to approximately 7,000-7,500, with only 2 months remaining.
Sustainable PAT Margin: 30-32%
Management consistently states PAT margin of 30-32% is sustainable and has been maintained quarter-on-quarter; this will persist post the 10,000 tenency rollout.
Debt to Rise to ~Rs 150 Crore by FY27 End
Current debt around Rs 80 crore; will rise to approximately Rs 150 crore by end of FY27 as capex deployment accelerates for the 10,000 tenency expansion.