Analysts/Institutional Investor Meet/Con. Call Updates

ELGI Equipments reported strong Q1FY27 results: Revenue +23%, EBITDA +28%, PAT 9.7%. India grew 28%, North America 37%. Management expects EBITDA to improve, offsetting raw material costs with price corrections and continuous cost reduction.

'Demand=Match' tech is a key growth driver, gaining traction in India and launching globally this year.

New Tier 4 segment and vacuum products show promise.

Warranty costs are <1%. Strategic focus on process improvement for efficiency and scale.

US tariffs are 25%, with ~0.4 Cr refund approved (~0.16-0.18 Cr received). Management holds an optimistic outlook for sustained growth.