Havells India Earnings Call: Key Takeaways
Havells reported Q4 FY26 earnings with modest performance due to mild summer start. Key highlights include ₹283cr valuation gain from Goldi Solar and commissioning of a new refrigerator plant at Ghiloth.
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Havells reported Q4 FY26 earnings with modest performance due to mild summer start. Key highlights include ₹283cr valuation gain from Goldi Solar and commissioning of a new refrigerator plant at Ghiloth.
Supreme Petrochem reported FY26 operating revenue of ₹53,384 Mn with 9.64% EBITDA margins. The firm maintains a debt-free balance sheet and is expanding into ABS and EPS markets.
Tanla reports strong FY26 performance with 9.7% YoY revenue growth and 4.8% EBITDA growth, focusing on Digital Platforms (Wisely AI) and Enterprise Communications.
DCB Bank delivered record quarterly and annual profits, driven by robust loan growth and significant improvements in asset quality, hitting seven-year lows for NPA metrics.
EMA Partners India reports FY26 revenue of ₹874 Mn (+18.2% YoY) and EBITDA of ₹144 Mn. The firm is expanding into mid-senior hiring via 'James Douglas' and tech-based hiring through 'MyRCloud'.
SML Mahindra Q4 FY26 analyst call highlights 18% annual revenue growth and 31% PAT increase following the Mahindra acquisition. Strategy focuses on synergy projects and top 3 ILCV market positioning.
Mahindra Finance closed FY26 with strong margin improvement and record-low asset quality stress. Management used a 217-crore macro overlay to proactively buffer against potential geopolitical and monsoon-related headwinds in FY27.
Lodha delivered record FY26 pre-sales of INR 205bn with ~34% Adj. EBITDA margins. Strategy focuses on 20% PAT CAGR through FY31, leveraging brand strength and Palava's infrastructure upgrades.
CPCL presentation dated March 2025 detailing financial and physical performance for 9M FY24-25. Company recently upgraded to Schedule-A PSU status.
Reliance reported FY26 revenue of ₹11,75,919cr (+9.8% YoY) and PAT of ₹95,754cr (+17.8% YoY). Strategy focuses on consumer business dominance (Digital/Retail) and O2C operational agility amid Middle East volatility.
BlueStone reports strong FY26 revenue growth but faces inventory turn compression and margin pressure from rising gold prices.
Mahindra Logistics reported strong Q4 FY26 performance with Revenue at ₹1,791 Cr and PAT of ₹20.2 Cr, driven by contract logistics and an Express business turnaround.
Mastek reported a stable Q4FY26 with $103.5M revenue and 16.1% EBITDA margin. Strategy shifts toward AI-led verticalization and domain-specific growth.
Waaree Renewable Technologies reported strong FY26 results with Revenue at ₹3,331.42cr and PAT at ₹478.65cr. Strategy focuses on solar EPC execution and expanding the IPP portfolio.
Tata Elxsi reported Q4 FY26 revenue of INR 993.8 Cr, growing 0.9% QoQ CC. EBITDA margin improved 130bps to 24.6% driven by operational efficiencies and GenAI adoption.
YES Bank reported FY26 Net Profit of ₹3,476cr (up 44.5% YoY) with an exit ROA of 1%. Management focuses on sustainable growth and deposit granularity.
IEX delivered record quarterly volumes but management is managing significant regulatory anxiety around market coupling. The company's expansion into coal and carbon markets reflects a strategic pivot as core power exchange dominance faces potential disruption.
HCLTech reported FY26 revenue of $14.7B (up 3.9% CC) and EBIT margin of 17.2%. Strategy shifts toward AI-native services (targeting 25-30% growth) despite macro headwinds.
CRISIL Q1 FY26 revenue grew 30.1% YoY with PAT up 45.9%. Management is leveraging domain-led Gen-AI across all segments to drive efficiency and competitiveness.
DCB Bank reported FY26 PAT of ₹732cr, up 19% Y-o-Y. The bank focuses on self-employed segments with a diversified, secured lending approach and a target ROA of 1% or above.
Mahindra Finance reported strong F26 performance with PAT up 19% YoY to ₹2,782 cr. Strategy focuses on 'Bharat' tailwinds through digital transformation, asset quality stabilization, and scaling mortgage and MSME segments.
IndusInd Bank Q4FY26 results show consolidated PAT at ₹594crs. Focus remains on retailisation with retail deposits at 47.9% and retail loans at 52% of the book.
HDFC Bank reported FY26 credit growth of 12% and deposit growth of 14.4%. Management emphasized operating leverage from tech investments and branch expansion despite a slight NIM compression.
IKS Health transforms into an integrated platform player through the $557M acquisition of TrueBridge, gaining a dominant EHR position in the $164B US rural hospital niche.
LTTS reported Q4FY26 revenue of $305.9M and ₹28,579M. FY26 total revenue reached $1,321M with an EBIT margin of 14.1% following strategic portfolio recalibration.
Raghav Productivity Enhancers marks 10 years of listing with record performance. FY26 Revenue grew 29% to ₹257 Cr and PAT surged 48% to ₹55 Cr as the world's largest silica ramming mass manufacturer.
Hindustan Zinc reported record 4QFY26 revenue of ₹13,544cr and EBITDA of ₹7,747cr. Strategy focuses on doubling capacity to 2Mtpa and scaling silver to 1,500TPA by FY30.
Groww (Billionbrains Garage Ventures) Q4 FY26 earnings transcript highlights scaling wealth management, market share gains in derivatives, and AI integration for productivity.
EMA Partners India reported FY26 revenue of ₹874 Mn (+18.2% YoY) while undergoing structural margin dilution due to front-loaded investments in new business verticals like James Douglas and MyRCloud.
ICICI Bank reported strong Q4-2026 results with PAT growing 8.5% YoY to ₹13,702 crore. Focus remains on risk-calibrated profitable growth and 'Customer 360' strategy.