MVELECTRO
1 call
Concalls & earnings callsMV Electrosystems Limited
Every summarised call, newest first. Latest is Q1 FY27, held 27 Aug 2026.
Latest quarter
Q1 FY27 snapshot
Open full brief →MV Electrosystems is scaling up manufacturing of its indigenously developed rail propulsion systems following its IPO, targeting 40 systems per month by January 2027 and eyeing new programs in EMU, MEMU, and Vande Bharat trains.
| Metric | This quarter | Change | Five-quarter trend |
|---|---|---|---|
| Order Book | INR 1,000 plus crores | — | |
| Propulsion Systems Order Quantity | 564 | — | |
| EMU Propulsion System Order Value | ₹86 Cr | — | |
| Target FY27 Revenue | ₹400 Cr | — |
Latest guidance
- Target revenue for the year is INR 400 crores.
- Expect to achieve a run rate of 40 propulsion systems per month by January 2027.
- Target PAT margin of over 10% once at full run rate.
- Annual R&D expense is around INR 9 crores, expected to be 3-4% of revenue.
- No major capex required for production machinery; only additional test setups.
Said on the Q1 FY27 call.
Call history
- Q1 FY27Positive tone
MV Electrosystems is scaling up manufacturing of its indigenously developed rail propulsion systems following its IPO, targeting 40 systems per month by January 2027 and eyeing new programs in EMU, MEMU, and Vande Bharat trains.
- Order Book
- INR 1,000 plus crores
- Propulsion Systems Order Quantity
- 564