DIVGI TORQTRANSFER SYSTEMS Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Divgi TorqTransfer Systems reported its highest ever quarterly revenue of approximately Rs 142 crore in Q1 FY27, up 85% year-on-year and 25% sequentially, with EBITDA margin at 29.4% and PAT of approximately Rs 25 crore. Management attributed the growth to strong transfer case volumes, higher export contribution, and improved operating leverage, while noting the E-gear drive (EV transmission) segment remained relatively subdued during the quarter. The company also announced Project Mayflower, a new wholly-owned subsidiary in Greenville, South Carolina, aimed at eventually establishing US manufacturing presence.
Divgi TorqTransfer Systems reported its highest ever annual revenue of over Rs 375 crore for FY26, up approximately 56% year-on-year, with EBITDA margins near 25% and PAT growing over 90% to almost Rs 47 crore. Growth was driven by Transfer Case volume recovery, a 124% jump in the Components segment led by exports, and continued investment in EV transmission and automatic transmission development. Management also discussed new Transfer Case export orders for Mahindra and Tata Motors pickup platforms destined for Indonesia, and progress on a technology transfer discussion for automatic transmissions with a global OEM.