We are pleased to report a strong performance for FY26, with revenue growing by 8.6% YoY to Rs. 634 crore, EBITDA increasing by 16.4% YoY to Rs. 122.2 crore with EBITDA margins improving to 19.3%, and PAT rising by 18.7% YoY to Rs. 82.7 crore. The year was marked by healthy growth across both domesƟc and export markets, supported by an improved product mix, premiumisaƟon iniƟaƟves, operaƟonal efficiencies, and strong brand acceptance across segments. While raw material prices have been witnessing an upward trend since March, there are currently no challenges with sourcing or availability of key inputs. To safeguard against rising input costs, we have implemented calibrated price hikes across our porƞolio and distribuƟon channels, averaging around 8–9%. We are also pleased to share that we are currently in the process of onboarding the globally recognised premium riding gear, helmet and motorsports brand Alpinestars under our private-label helmet segment. On the expansion front, we conƟnue to make steady progress in establishing our presence in Europe, parƟcularly in Italy, with operaƟons expected to commence from Q2FY27. Simultaneously, our Phase-I capacity expansion of 1.5 mn helmets per annum is progressing as planned and is expected to commence operaƟons by Q2FY27. Further, an addiƟonal 1.5 mn helmets are planned for capacity expansion over the next 15–18 months. Post compleƟon of these expansions, our total installed capacity will increase by 30% over FY26 levels to 12.5 mn helmets per annum. With enhanced capaciƟes and a deeper focus on premium and value-added products, we remain confident of driving the company’s next phase of growth through strengthened global brand posiƟoning, expansion of our internaƟonal footprint, and conƟnued premiumisaƟon-led sustainable growth.