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RACL Geartech delivered a strong Q1 FY26-27, with consolidated revenue up 22% YoY to 132.6 Cr. Operating revenue surged 31.5%, EBITDA grew 18%, and PBT jumped 50% YoY. Management noted robust domestic and export market growth, a significant bounce-back in KTM volumes, and BMW supplies starting in October. Royal Enfield commercial supplies are ramping up, and ZF business is gaining traction. The company is investing 77.4 Cr capex, including a new electric heat treatment plant, and cautiously exploring non-auto diversification in aerospace and robotics. Management expresses confidence in achieving 15-20% annual growth, emphasizing sustainable practices.