SRF Earnings Call: Key Takeaways
SRF reported 7.4% FY26 revenue growth to ₹15,787 cr. and 46.7% PAT growth to ₹1,835 cr. Performance driven by Chemicals (49% revenue) and Performance Films & Foil recovery.
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SRF reported 7.4% FY26 revenue growth to ₹15,787 cr. and 46.7% PAT growth to ₹1,835 cr. Performance driven by Chemicals (49% revenue) and Performance Films & Foil recovery.
Acutaas Chemicals delivered record FY26 performance with ₹1,339.4cr revenue and ₹356.4cr PAT, driven by strong CDMO business and portfolio reshuffling towards high-value pharmaceutical intermediates.
Dynamic Cables Ltd has scheduled a Board Meeting on May 12, 2026, to consider audited financial results and recommend a final dividend for FY2025-26. The trading window for designated persons remains closed until 48 hours after the results declaration.
CHD Chemicals Limited announced the voting results of its EGM held on May 4, 2026. Shareholders approved the appointment of M/s GAMS & Associates LLP as Statutory Auditors to fill a casual vacancy. The resolution passed with 94.89% majority via remote e-voting and e-voting during the meeting.
Gujarat Poly Electronics Ltd will hold a Board meeting on May 12, 2026, to approve audited financial results for FY26 and consider a final dividend. The company's trading window is closed from April 1 until 48 hours after results are made public.
Shyam Metalics and Energy Ltd released April 2026 sales data. Stainless steel volumes rose 10.89% YoY, while Aluminium Foil volumes increased 19.63%. Despite YoY volume growth in several segments, most products saw Month-on-Month volume declines. Realizations across key categories like Stainless Steel and Aluminium Foil improved on both YoY and MoM bases.
Sona Comstar delivered record Q4 FY26 results with 47% revenue growth and 39% BEV share. Strategy focuses on electrification, geographic diversification, and expansion into railway components.
Steel Exchange India Limited has secured a five-year renewal of approval from the Military Engineer Services (MES) under the Ministry of Defence. This renewal allows the company to supply SIMHADRI TMT bars for high-security government infrastructure projects, reinforcing its position in the institutional segment with stringent quality compliance.
EaseMyTrip announced double-digit growth in its airport services ecosystem, driven by a surge in Duty-Free shopping and Meet & Greet adoption. In partnership with Adani Digital Labs, the platform saw 60% of duty-free customers purchasing liquor. Usage is highest in Delhi, Mumbai, and Bengaluru, reflecting a shift toward premium, seamless travel experiences across age groups.
Wipro Limited allotted a total of 54,49,396 equity shares on May 5, 2026, following the exercise of ESOPs and Restricted Stock Units. The allotment includes shares under ADS, 2007, and 2024 stock plans.
Power Mech Projects Ltd submitted its Monitoring Agency Report for the quarter ended March 31, 2026, regarding ₹350 Crore QIP proceeds. CARE Ratings confirmed utilization is in line with the offer document, with ₹286.66 Crore utilized to date. Remaining funds are expected to be fully deployed by Q2FY27 following minor approval delays.
Stove Kraft Ltd has scheduled a Board Meeting on 12 May 2026 to approve audited standalone financial results for the year ended 31 March 2026. The Board will also consider a dividend recommendation and an amendment to the Employee Stock Option Plan 2018 to increase the ESOP pool.
Gujarat Pipavav Port Limited has scheduled a board meeting for May 28, 2026. The board will consider audited standalone and consolidated financial results for the year ended March 2026 and recommend a final dividend. The trading window remains closed until May 30, 2026.
Precot Limited has scheduled a board meeting for May 16, 2026, to consider audited standalone and consolidated financial results for the year ended March 31, 2026. The board will also consider recommending a final dividend. Trading window closure began on April 1, 2026, and remains in effect until May 18, 2026.
Espire Hospitality Limited signed an agreement with Marriott International to manage a new 151-key 'JW Marriott Resort & Spa' near Vrindavan, opening January 2029. The company also signed five additional hotels in Goa, Katra, Patna, Dehradun, and Rishikesh, expanding its portfolio to 20 properties.
Afcom Holdings Limited successfully raised ₹199.85 Crore via a Qualified Institutions Placement (QIP) on May 05, 2026. The capital, raised from institutional investors including Bandhan and Abakkus funds, will support fleet expansion through aircraft leasing. Shares were allotted at ₹759.72 each, representing a 4.99% discount to the floor price.
SPML Infra Limited secured a landmark ₹1,128 Crore contract from NTPC Limited to develop a 1 GWh Battery Energy Storage System (BESS) in Bihar. The project involves an 18-month execution period followed by 15 years of maintenance, marking the company's entry into large-scale grid BESS projects.
MWL reported FY26 revenue of ₹1,215 Cr (up 14%) and PAT of ₹50 Cr (up 70%). The company migrated to the NSE mainboard and expanded into new export markets.
Goldiam International Limited launched India’s first digital 3D ring builder platform under its ORIGEM brand. The web-based tool allows customers to customize and visualize lab-grown diamond rings in real-time 3D. This omnichannel innovation aims to enhance customer engagement and strengthen Goldiam's position in the growing lab-grown diamond retail market.
GK Energy Limited received a Rs. 353.89 Crore contract from Maharashtra State Electricity Distribution Company Limited for 15,000 solar water pumping systems. The project, under the Magel Tyala Saur Krushi Pump Yojana, must be executed within 60 days of work order issuance, significantly boosting the company's revenue visibility.
Larsen & Toubro's Minerals & Metals business secured a 'Mega' order from JSW Steel for engineering, procurement, and installation of facilities in Karnataka and Odisha. Valued at ₹10,000 Crore, this is L&T's largest-ever domestic metals order, strengthening its decade-long partnership with JSW as they expand crude steel capacity to 50 MTPA by 2031.
Steel Exchange India Limited received a 5-year renewal of approval from the Military Engineer Services (MES), Ministry of Defence. This permits the continued manufacturing and supply of SIMHADRI TMT bars (grades Fe 500D and Fe 500D HCRM) from its Vizianagaram plant. The renewal sustains the company's participation in government and infrastructure projects.
Aurobindo Pharma's Unit-VII in Telangana received an Establishment Inspection Report (EIR) from the US FDA. The facility is classified as Voluntary Action Indicated (VAI), and the inspection is now closed. This follows a January-February 2026 inspection that initially resulted in nine observations.
Gujjubhai Industries Limited received listing approval from BSE for 1,38,13,666 equity shares of Rs. 10/- each. These shares were allotted to shareholders of Gujjubhai Food Private Limited following its amalgamation into the company. Trading approval for these securities will be granted after the submission of required credit confirmation documents.
63 moons technologies subsidiary Ticker Limited provided updates on Baron Infotech's CIRP. The NCLT Hyderabad Bench directed the Resolution Professional to consider contentions from prospective applicant Vivek Kumar Ratakonda. A Resolution Plan by Innopark (India) has been filed, though its finality remains subject to NCLT approval.
Oswal Pumps Limited secured a ₹162.06 Crore order from MSEDCL for 6,869 Off-Grid DC Solar Water Pumping Systems under the PM Kusum B Scheme. The project is to be executed within one year across Maharashtra. This significant win reaffirms the company's position as a preferred partner for large-scale solar water pumping solutions.
NMDC Limited has announced a revision in iron ore prices effective May 6, 2026. Baila Lump (65.5%) is fixed at ₹5,500 per ton and Baila Fines (64%) at ₹4,700 per ton. These prices exclude royalties, taxes, and other statutory cesses. This update provides pricing transparency for the company's mineral output.
Mobavenue AI Tech Limited announced sustainability and healthcare initiatives for FY 2025–26, including planting 15,000 trees to sequester ~10,000 tonnes of carbon. The company also conducted cervical cancer awareness sessions and provides ongoing medical financial support via the SJKRCC Trust. These ESG-focused initiatives reflect the company's commitment to social and environmental responsibility.
Angel One Limited released its business update for April 2026, reporting a 20% Y-o-Y growth in its client base to 37.79 million. Overall Average Daily Turnover (ADTO) grew 41.3% Y-o-Y to ₹52,210 Billion. Despite seasonal moderation in daily orders from March levels, the company maintained strong retail market share across equity segments.
Gallantt Ispat Limited announced the resignation of Independent Directors Mrs. Smita Modi and Mr. Pankaj Khanna, effective May 05, 2026. Both directors cited work pressure and other professional commitments as reasons for their departure. The company confirmed there are no other material reasons for these resignations.