Transcript

Shashi Suryanarayanan — Founder and Managing Director

Good afternoon, everyone. We will start the first investor call of our journey as a listed company. Some of you who have engaged with SEDEMAC before would have come to other calls like this. We had six of them, in fact, prior to us initiating the IPO process. But for many people, this will be new, and of course, for us, this is the first as a listed company. There are three people on this call. Amit will be the main talker. Amit is the Joint Managing Director, and he will do the presentation. I will take over for the Q&A.

Amit Arun Dixit — Joint Managing Director

Yeah, thanks, Shashi. Good evening, everybody. The standard disclaimer, we will make some statements which may be forward-looking in nature based on our today's beliefs and assumptions, and actual results may be materially different. Since there can be several people who have not engaged with us, I will just spend a minute in providing a brief introduction about what we do, et cetera. We design and supply critical control intensive ECUs, that is Electronic Control Units, to major vehicle and industrial equipment manufacturers in India, U.S., and Europe. When I say critical, it means the products that we sell are critical to the application. If our products do not work, then some core functionality of the vehicle or the industrial equipment will not work. It is critical to application. Control intensive means our products will incorporate some sort of non-trivial understandings of physics, maths of the application, and of the system for which they are applied. Many of our products incorporate novel control technologies that we build in-house. The entire technology building, product design, manufacturing is all done completely in-house. We do not have any technical collaboration. We sell these ECUs in fairly large numbers, in millions, as you can see from the bar chart. In FY 2026, we sold more than 3.9 million of these control intensive ECUs, which was more than 60% compared to FY 2025. In fact, since majority of our revenue comes from the sale of control intensive ECUs, this number of ECUs is actually a good proxy for our revenue. A change in the number of control intensive ECUs gives a ballpark idea of the change in revenue. Coming to Q4 FY 2026 financials, there is a very big revenue growth that we have seen in Q4, more than 60%, along with even higher growth