Divgi Torqtransfer Systems Management Guidance Tracker

8 forward-looking guidance items tracked across 2 quarters.

Growth

Q3 FY2612-15% CAGR over 5 years with FY20 as baseTracked

Management believes it is realistic to achieve the long-term growth aspiration of 12-15% CAGR, supported by current pipeline and order book.

Q3 FY26Japanese OEM transfer case SOP in H1 FY28Tracked

Prototype ready and proof of concept demonstrated; start of production expected in first half of FY28.

Q4 FY26Export contribution target of 20-25%Tracked

Management reiterated a medium-term target of 20-25% export contribution to total revenue, up from 18% in FY26.

Q4 FY26EV transmission volumes to double from July 2026Active

With new platform launches (Nexon, Curvv), EV transmission volumes are expected to double starting July 2026.

Revenue

Q3 FY26Indonesian orders: 70,000 units incremental, execution by Dec 2026Active

Exclusive transfer case orders for Mahindra and Tata pickup trucks for Indonesia, with production ramp-up from Feb to June 2026 and deliveries by December 2026.

Q4 FY26New component programs to add ~₹100 crore annual revenueTracked

Newly secured component programs are expected to contribute annual revenues nearing ₹100 crore with volumes exceeding 1 million parts.

Expansion

Q3 FY26Automatic transmission contract target by July 2026Active

Plan to conclude a contract for localized automatic transmission by July 2026, with launch in calendar 2028 (FY29).

Q4 FY26Automatic transmission technology transfer deal in advanced stagesTracked

Management is in advanced discussions for a technology transfer agreement with a leading global OEM to localize automatic transmissions in India.