DIVGI TORQTRANSFER SYST L

Divgi TorqTransfer Systems Limited reported a strong start to Q1 FY '27, achieving record revenue of approximately Rs. 142 crores, reflecting an 85% year-on-year growth and a 25% sequential increase. Management highlighted significant improvements in operating leverage, with EBITDA at around Rs. 42 crores and a margin of nearly 30%. The growth was attributed to a favorable product mix, increased export contributions, and enhanced operational scale. Management discussed ongoing initiatives, including Project Mayflower, aimed at establishing a manufacturing presence in the U.S., and emphasized the company's transition from a domestic focus to a broader global footprint. The management also noted the evolution of customer relationships, moving from transactional to technology partnerships, and highlighted the potential for future growth in various segments, including EV transmissions and automatic transmissions. Overall, the earnings call conveyed a sense of optimism regarding the company's growth trajectory and market opportunities.

Management emphasized strong growth and future opportunities.