Vedanta Earnings Call: Key Takeaways
Vedanta reports highest-ever 3Q EBITDA of ₹15,171cr (+34% YoY) and 41% margin. Strategy focuses on cost leadership in Aluminum/Zinc and massive capacity expansion across 5 segments by FY27/FY28.
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Vedanta reports highest-ever 3Q EBITDA of ₹15,171cr (+34% YoY) and 41% margin. Strategy focuses on cost leadership in Aluminum/Zinc and massive capacity expansion across 5 segments by FY27/FY28.
Balrampur Chini Mills reported FY26 revenue of ₹6,271cr with EBITDA of ₹741cr. The company is diversifying into Bioplastics (PLA) with a 250 TPD plant under implementation to create new revenue streams.
Gravita reported steady Q3FY26 performance with 32% YoY PAT growth. Focus remains on scaling to 7 lakh MTPA capacity by FY2028 and diversifying into lithium-ion, paper, and steel recycling.
Gravita reported consistent Q3FY26 performance with 32% YoY PAT growth. Management highlighted capacity expansion delays but remains committed to Vision 2029 diversification into lithium-ion, steel, and paper.
RBM Infracon reported FY26 revenue of ₹492.22cr (up 53%) and PAT of ₹45.28cr (up 54%). Strategy focuses on EPC, O&M, and a major strategic entry into the semiconductor space.
RHI Magnesita India achieved record FY26 revenue of ₹4,01,995 Lakhs (up 9%), though Adjusted EBITDA fell 6% to ₹47,689 Lakhs due to input cost pressures and rupee devaluation.
IndiQube delivered a record FY26 with 37% revenue growth and 145% PAT surge (IGAAP), though Ind AS 116 accounting adjustments resulted in a reported net loss.
Gurunanak Agriculture India Ltd reported 24% EBITDA margins for FY26, driven by a shift toward high-margin combined harvesters. The company is pivoting from threshers to harvesters, targeting a Make-in-India competitive advantage over Chinese imports.
HOEC reported challenging FY26 results with negative growth due to production declines and reversed sales to HPCL. Management remains focused on high-potential 2P reserves of 60 MMBOE and infrastructure debottlenecking.
Indian Phosphate Limited (IPHL) reported strong FY26 results with consolidated revenue crossing ₹1,072 Cr, driven by its chemicals (LABSA) and phosphatic fertilizers (Ankur SSP) business.
Health X Platform (formerly SastaSundar) reported FY26 revenue of ₹1283cr (+18% YoY) and narrowed EBITDA loss to ₹65cr. Strategy focuses on B2B expansion via Retailer Shakti and new JITO private labels.
Star Health delivered strong FY26 performance with 13% Insurance Revenue growth and PAT of ₹911cr. Strategy focuses on retail indemnity expertise and digital-first operations.
Wise Travel India (WTI) reported FY26 total income of ₹832cr, a 50% YoY increase, driven by expansion in Uber Black and Dubai operations.
Precision Camshafts (PCL) reports Q4 FY26 results with Standalone Total Income of ₹162.53cr and Consolidated Total Income of ₹205.86cr. Focus remains on machined components and integrated electric drivelines.
Austere Systems Limited (544505) reported FY26 revenue of ₹2,228.87 Lakhs, up 19.7% YoY, with PAT rising 76.3% to ₹503.94 Lakhs.
Karbonsteel Engineering crossed ₹300cr revenue in FY26. Management is transitioning to high-precision custom heavy fabrication, exiting smaller facilities, and implementing automation to expand margins.
P&G Hygiene reported FY26 sales of ₹4300cr (flat YoY) and PAT of ₹850cr (up 19%). Strategy focuses on 'irresistible superiority' in Feminine Care and Healthcare through innovation and productivity.
Escorts Kubota Limited (EKL) presented a strategic growth outlook for FY26, highlighting the synergy between Kubota's global expertise and EKL's agile product development across Agri Machinery and Construction Equipment.
Gravita reported consistent Q3FY26 performance with 32% PAT growth despite flat revenue. Focus remains on expanding recycling verticals into rubber, lithium-ion, and steel while targeting a larger diversified platform.
Krystal 2.0 shift shows disciplined pivot from low-margin government contracts to high-margin corporate and smart infrastructure segments.
IndiaMart delivers moderate 12% revenue growth with resilient margins, though customer additions remain sluggish. Management is pivoting towards aggressive buyer-side advertising and Gen-AI automation to counteract churn in lower-tier segments.
BEML reported record revenue and all-time high order book of ₹15,900cr for FY26, despite margin pressure from one-time legacy corrections and gratuity provisions.
WTI reports 51% revenue growth driven by massive fleet expansion, yet high receivables and debt raise liquidity concerns.
Piramal Finance met FY26 targets with Total AUM crossing ₹1 lakh Cr, driven by 85% retail share and strong profitability. Strategic shift to 'High Tech + High Touch' model is largely complete.
Kapston Services reports strong FY26 performance with Revenue at ₹831.89 Cr and Net Profit of ₹28.13 Cr. Strategy focuses on manpower solutions and expansion into B2C Home Services via a new subsidiary.
Gravita reported consistent Q3FY26 performance with PAT rising 32% YoY to ₹97.67cr despite flat revenues. Strategy focuses on expanding from lead into plastic, aluminum, rubber, and lithium-ion recycling.
Management is navigating a 'behavioral' credit crisis in small-ticket loans by prioritizing collection stability over disbursement growth, resulting in moderated business momentum.
Coastal Corporation reported FY26 consolidated revenue of ₹995.3 Cr and PAT of ₹22.6 Cr, driven by seafood exports and the new grain ethanol segment.
Pine Labs' Investor Day 2026 presentation highlights a shift to high-margin value pools, achieving ₹2,711 Cr revenue and 21% Adjusted EBITDA margins in FY26.
Gillette India reports strong FY 2025-26 performance with balanced growth across Grooming and Oral Care segments, driven by an integrated growth strategy focused on portfolio superiority and productivity.