Megatherm Induction Limited — Investor Meet, 05-06-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Megatherm Induction targets ₹500 Cr revenue with 8%-9% margins in two years, backed by completed CapEx and expanded capacity. The transformer segment aims to triple from ₹50 Cr to ₹150 Cr, aided by upcoming CPRI certification and renewables demand. Induction products (~₹300 Cr sales) see exports rising to 20%-30%. A ₹350 Cr order book ensures near-term execution. Margins benefit from backward integration and growing spares sales. The JV with Cyprium Induction USA supports North American market entry. Management is positive on growth fueled by energy-efficient tech, export ramp-up, and renewables expansion.