RACL Geartech Limited conducted an earnings conference call on August 25, 2026, to discuss the financial performance for Q1 FY 2026-27 (April-June 2026). The call was moderated by Ms. Neha Bahal, Company Secretary and Compliance Officer.

Management Participants:

  • Mr. Gursharan Singh – Chairman & Managing Director
  • Mr. Prabh Mehar Singh – Chief Operating Officer
  • Mr. Jitender Jain – Chief Financial Officer

Financial Performance Highlights (Consolidated Q1 FY27):

  • Revenue: ₹132.60 crores (22% YoY growth from ₹108.7 crores in Q1 FY26)
  • Operating Revenue: ₹132.35 crores (31.5% YoY growth)
  • Export Revenue: ₹85.06 crores (64% of total)
  • Domestic Revenue: ₹40.54 crores (31% of total)
  • Other Operating Income: ₹6.75 crores (5% of total)
  • EBITDA: ₹32.19 crores (18% YoY growth from ₹27.29 crores)
  • PBT: ₹16.82 crores (50% YoY growth from ₹11.26 crores)
  • Geographical Revenue Split: Europe (59%), India & Asia Pacific (36%), North America (5%)

Standalone Performance (Q1 FY27):

  • Revenue: ₹127.82 crores (18.4% YoY growth)
  • Operating Revenue: ₹127.63 crores (27.74% YoY growth)
  • EBITDA: ₹32 crores (17.5% YoY growth)
  • PBT: ₹16.66 crores (48% YoY growth)

Business Updates:

  • KTM has recovered from previous financial difficulties and is performing well, with positive impact expected on both Indian and Austrian operations
  • BMW project progressing with conditional shipping started; final approval expected October 24, 2026
  • Royal Enfield business ramping up with current production at 7,500-8,000 sets per month against nomination of 10,000 sets
  • ZF business showing traction recovery, working at 50-60% utilization of installed capacity
  • Company recognized as "Best Organization to Work 2026" by ET Edge (Times Group initiative)

Capex and Expansion:

  • Total capex of ₹77.4 crores planned for FY27
  • ₹40 crores allocated for new electric heat treatment plant replacement (currently LPG-based)
  • Heat treatment plant construction started January 21, 2026; expected completion October 2026
  • Equipment arrival expected September-October 2026; trial production planned for January 2027
  • Remainder capex for additional capacity expansion

ESG Initiatives:

  • Q1 FY27 carbon emissions: Scope 1 - 750 tons (73% from LPG), Scope 2 - 321 tons (primarily from Noida unit)
  • Gajraula plant runs on 100% green energy
  • Planning rooftop solar for Noida unit to reduce emissions

CSR Activities:

  • Sponsoring education for 400+ children in Nithari village, Noida
  • Women empowerment sessions in Noida
  • Higher education sponsorship: 13 students in FY25-26, 14 students selected for FY26-27 in cloud computing, AI, and radiology

Future Outlook:

  • Maintaining 15-20% annual growth target
  • Exploring diversification into aerospace (civil aviation), actuators, robotics, and industrial components
  • Plant visit for investors scheduled for first week of December 2026

Compliance Statement:

The company indicated that no unpublished price sensitive information (UPSI) would be shared during the call.

Additional Notes Section

The document includes the full transcript of the earnings conference call. No financial presentation deck was referenced as being made available. The information is available on the company website at www.raclgeartech.com.