20-25% Revenue Growth Target
Management maintains 20-25% revenue growth expectation for FY27, with Q2 already showing similar or higher growth trajectory driven by new product contributions.
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Vibhor Steel Tubes · forward-looking guidance across the available source record.
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What management said would happen.
revenue
Second Galvanizing Tank by September 1st
New galvanizing tank at Jasugura expected to be operational by September 1st, which will increase capacity by 1,500-2,000 tons and enable execution of pending orders.
North India Subsidiary for Crash Barriers
New subsidiary created for North India plant, with Phase 1 focusing on crash barrier production due to confirmed orders and demand inquiries from the region.
Jindal Revenue Dependency Target
Management targets reducing Jindal revenue share from current 80-82% to 70% as new products (transmission towers, poles, monopoles) scale up.
Revenue target of 1,700 crore by FY28
Management guided at Slide 19 that company targets 50% upside in overall revenue, implying ~1,700 crore by FY28, representing 55% growth from ~1,100 crore base.
New products to reach 25-30% revenue share
Target to bring pipe revenue contribution down from current 85% to 75% within this fiscal year through higher contribution from transmission towers, poles, and crash barriers.
EBITDA margin improvement to exceed 5%
Management expects EBITDA margins to increase from current levels (implied ~4%) as higher-margin new products scale, though exact target not specified.
Capex of ~10 crore in FY27
Additional galvanizing tank at Jasura (1.5 months to operationalize) and pole capacity expansion from 150 to 500 tons will require ~10 crore investment in FY27.