Garvit Goyal

My question is on the Stone India side, like we commenced our production on freight brake system as on July 2026. So that supports our order book now. What is the EBITDA percentage after FY27, second half, we can estimate from there? That was my first question.

Okay. Good to hear, sir. And the second question on percentage of our current freight wagon manufacturing requirement is fulfilled by the Stone India brake system versus external vendor, sir.

Okay. Any current percentage, sir.

Am I audible?

Sir, my question on working capital side. Like in the last 2 years, we see the working capital around 30% of the revenue growth. And in FY24, which is about 23%. So, in given stand-alone revenue and operational contract around INR409 crores. So, are we able to convert this cash in trade receivable and other in quarter FY27? And is there any working capital intensity still there?

No, sir. My question on working capital.