Rajesh Power Services Earnings Call: Key Takeaways
Rajesh Power maintains high growth momentum driven by Gujarat's grid modernization, while strategically entering the Battery Energy Storage System (BESS) market to capture long-term sectoral shifts.
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Rajesh Power maintains high growth momentum driven by Gujarat's grid modernization, while strategically entering the Battery Energy Storage System (BESS) market to capture long-term sectoral shifts.
Khaitan Chemicals delivered strong FY26 performance with 39% revenue growth and significant margin expansion, driven by a 10% national SSP market share and robust distribution.
Gujarat Themis Biosyn is acquiring Sanofi’s global anti-TB and anti-infective portfolio (13 brands) for ~€158M to expand into 55+ countries.
HDFC Life FY26 transcript shows 7% individual APE growth despite GST and regulatory headwinds. Management focus remains on product innovation and agency channel expansion.
IKS Health to acquire TruBridge for $557M (Bid EV), creating a $698M revenue entity. Strategy focuses on AI-powered healthcare operating systems.
BlueStone reports FY26 standalone revenue of ₹24.4bn (+38% YoY) with EBITDA margins expanding to 16.2% as it transitions into a dominant omni-channel player.
Persistent delivered strong FY26 revenue of $1,654.4M (+17.4% YoY) with an EBIT margin of 15.6%. Strategy focuses on AI-led, platform-driven digital engineering and enterprise modernization.
Choice International reported a robust FY26 with a 24.2% YoY revenue increase to ₹1,144.5 Cr and PAT surging 46.2% to ₹237.9 Cr. The company is pivoting towards tech-led financial services via its FinX platform.
BlueStone reported robust Q4 FY26 results with 49% YoY retail sales growth and revenue of INR 6,877mn. Operating margins improved significantly to 7.4% due to omni-channel leverage.
Mahindra Logistics reported FY26 revenue of ₹6,999.3 Cr, up 15% YoY, with EBITDA reaching ₹376.5 Cr. Strategy focuses on Express business turnaround and M&M business growth.
IKS Health announces strategic $557M acquisition of TruBridge Inc. to create an integrated 'Operating System for Healthcare', combining RCM and EHR capabilities.
Prizor Viztech reported strong FY26 performance with Revenue at ₹14,794.1 Lacs and 22.5% EBITDA margin, driven by 'Make in India' surveillance demand.
AESL reported FY26 operational revenue of ₹18,296 cr (up 7% YoY) and record EBITDA of ₹8,726 cr (up 13% YoY), driven by transmission assets and smart metering ramp-up.
Himadri reported record FY26 consolidated EBITDA of ₹1,006 Cr and PAT of ₹755 Cr. Transitioning from carbon value chain to Li-ion battery materials with massive capex in LFP and Anode segments.
SWREL achieved its highest annual turnover since listing in FY26, reaching INR 7,548 cr. Management is focusing on a robust domestic EPC pipeline and scaling O&M to 13.5 GW.
Tata Capital reports strong FY26 performance with Net AUM reaching ₹2.77 trillion, driven by retail and SME focus. Strategy centers on digital-first operations and turnaround of the recently merged Motor Finance business.
Cyient Q4 FY26 Investor Presentation highlights Group revenue of ₹1,927 Cr and 9.5% EBIT margin. Focus remains on scaling semiconductors and the DET business recovery.
Rajesh Power delivered strong FY26 performance with 52% revenue growth, transitioning into utility-scale storage (BESS) and high-voltage 400kV GIS segments.
Sangam India reports record FY26 revenue of ₹3,200cr with profits doubling, driven by high capacity utilization and export growth.
JFS achieved significant scale in FY26, with Consolidated Total Income (ex-dividends) reaching ₹3,274 crore (up 78% YoY) and core income contributing 54% to Net Total Income.
Tips Music reports strong FY26 performance with 21% revenue growth and 30% PAT growth. Strategy focuses on content acquisition and digital platform monetization via a debt-free, asset-light model.
Union Bank reported Q4 FY26 Net Profit of ₹5,316 Cr (up from ₹4,985 Cr YoY) and Operating Profit of ₹7,955 Cr. Strategy focuses on 'Business First, Compliance Always' with RAM segment driving credit growth.
MBAPL reported record FY26 performance with revenue up 76% to ₹1867cr and PAT up 161% to ₹150cr. Strategy focuses on massive capacity expansion and backward integration into green ammonia.
Tech Mahindra's Analyst Day 2026 presentation outlines a strategic stabilization phase, achieving 12.6% EBIT margin in FY26 with a target of 15% for FY27.
Tech Mahindra's Analyst Day 2026 highlights a successful stabilization phase, targeting a 15% EBIT margin and >30% ROCE for FY27 through AI-led delivery and Project Fortius.
SBI Life reports strong FY26 performance with GWP crossing ₹1 trillion and PAT at ₹24.7 billion. Strategy focuses on multi-channel distribution and digital-first customer centricity.
Havells delivered a quarter of steady growth in B2B segments like cables, though B2C cooling products faced weather-related headwinds. Lloyd's profitability remains the primary concern despite capacity expansion.
Tata Communications reports steady growth led by its digital portfolio, while the new CEO pivots toward 'profitable growth' and AI infrastructure to address low single-digit EBITDA growth.
Persistent Systems reported FY26 revenue of $1,654.4M (+17.4% YoY) and EBIT margin of 15.6%. Strategy pivots to AI-led, platform-driven services.
SBFC Finance Q3 FY26 results show steady growth with PAT increasing 34% YoY to ₹118 crore. Asset Under Management (AUM) crossed the ₹10,000 crore milestone, reaching ₹10,478 crore.