Shinas
Managing Director
Notable Quotes
We are raising our guidance for FY27 from 50% revenue growth to 80% plus 80% revenue growth plus - 5% with clear margins of around 24%.
The closing order book for FY26 is at 2580 crores and we had given a guidance of 2,800 crores. The marginal difference is due to some nuclear orders and the defense orders being deferred to the current quarter which does not have any impact on our business outlook for this year.
We have secured orders of 481 crores during the quarter and we are very confident of receiving large orders across various sectors during FY27 and we will end up with a very strong order book by end of FY27 much larger than the closing order book of FY26 and the estimated closing order book would be close to about 5,000 crores at the end of the year.