Sir, just a clarification. You guided for the full year, the smart metering business should do around INR700 crores to INR800 crores of revenue. So sir, going into the next year, how are you looking at this number?
Questions across 3 calls
Viral Shah
ENAM Holdings
Kaynes Technology India Limited
Ramkrishna Forgings Limited
Hello, thank you for the opportunity. Sir, some of my questions have been answered. Just one clarificatory question. You said you expect to reach 21% to 22% EBITDA margins by Q4 of '26 or Q1 of '27. Is that correct?
On a standalone basis. And then how are you looking at these numbers in the next year? Do you think there is scope for further improvement? Or do you think the stabilized margin should remain at 21% to 22%?
Sir, first, just wanted to check on the net debt number. What would that be at the end of the quarter?
So, it's flat largely on a quarter-on-quarter basis?