Crisil Earnings Call: Key Takeaways
CRISIL Q1 FY26 revenue grew 30.1% to ₹1,058cr and PAT jumped 45.9% to ₹233cr. Growth was driven by strong momentum in Research, Analytics and Solutions.
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CRISIL Q1 FY26 revenue grew 30.1% to ₹1,058cr and PAT jumped 45.9% to ₹233cr. Growth was driven by strong momentum in Research, Analytics and Solutions.
Lumax Group reported a significant sales turnover of INR 10,045 crores for FY2025, emphasizing its dominance in the Indian automotive lighting market with a robust 18-entity conglomerate structure.
Gujjubhai Industries Ltd reports Q4 and FY26 results following the merger of Gujjubhai Foods. Focus remains on FMCG snack expansion across North, South, and West India.
Deepak Fertilisers reported FY26 revenue of INR 11,506 Cr (up 12% YoY) and EBITDA of INR 1,684 Cr. Management is transitioning from commodity to holistic mining solutions.
MCPL transitioned from distributor to B2C brand, reporting FY26 revenue of ₹202.99 Cr (up 23.4%) and PAT of ₹12.01 Cr (up 10.1%).
Knowledge Marine & Engineering Works Limited (KMEW) reported strong FY26 performance with revenue up 28%. The company is shifting from marine services to an integrated maritime infrastructure platform.
Aartech Solonics reported FY26 revenue of ₹40 Cr, doubling in 5 years. Management highlighted a shift from SME to Main Board and focus on high-margin R&D-led energy solutions.
Kuantum Papers reported Q4 FY26 revenue of ₹301cr and 15.9% EBITDA margin. Focus is on capacity expansion and operational efficiency via AI-led Project Nirmaan.
India Nippon Electricals achieved a milestone with FY26 revenue crossing ₹1,000 crore, delivering ₹10,685 Mn with 11.44% EBITDA margins. Growth is driven by 2-wheeler market leadership and expanding EV product portfolios.
Shera Energy reported strong FY26 performance with Total Income reaching ₹1,647 Cr and EBITDA growing to ₹94.21 Cr, driven by vertical integration and international expansion.
UFLEX reported FY26 revenue of ₹155,130 Mn (+2.1% YoY) with normalized EBITDA of ₹19,097 Mn. Focus remains on global capacity expansion and recycling infrastructure.
Rappid Valves delivered 48% Revenue CAGR (FY23-FY26), transitioning from regional manufacturer to global marine and industrial valve supplier with a focus on high-margin niche segments.
Novus Loyalty reported FY26 revenue of ₹127cr with 22% growth. Post-IPO focus shifts to international expansion, technology monetization, and scaling SaaS platforms for banking and enterprise clients.
Kiri Industries reports strong revenue growth driven by Dyes and Intermediates recovery, though net profit is distorted by non-cash year-end adjustments and the monetization of the Dystar investment.
Accord Transformer & Switchgear Ltd reports FY26 revenue of ₹7,006 Lakhs and PAT of ₹450 Lakhs. The company is focusing on power infrastructure, renewables, and EV corridor expansion.
Bata India reported Q4 FY26 revenue of ₹8,276 Mn with 5.1% YoY growth. Strategy focused on premiumization (Hush Puppies/Power), digital expansion, and inventory decluttering.
Man Industries achieved record standalone EBITDA (14%) and PAT margins in FY26. A transformative $102M acquisition of National Pipe Company (NPC) in Saudi Arabia was closed, significantly scaling operations.
GE Vernova T&D India reports strong FY26 performance with record revenue of ₹62.1B and EBITDA margin expansion to 27.1%, driven by the energy transition super-cycle.
Radiant Cash Management FY26 results show flat revenue growth of 1.1% YoY with a significant 40.5% drop in PAT, driven by new business losses and client attrition.
Sathlokhar Synergys reported record FY26 revenue of ₹823.56cr (up 121.3%) and PAT of ₹82.32cr. The firm is transitioning to an engineering-led EPC model with backward integration into PEB manufacturing.
CapitalNumbers reports FY26 revenue of ₹115.6Cr (up 9.4%) with a 31% EBITDA margin, focusing on AI-driven service delivery and inorganic growth via the Epitome Cloud acquisition.
Mangalam Organics delivered a strong FY26 performance with 17.46% revenue growth and significant margin expansion driven by reduced input costs and B2C retail brand strengthening.
Gujarat Energy (formerly Gujarat Gas) reported Q4 FY26 EBITDA of ₹943 Cr and FY26 PAT of ₹2,299 Cr. The company is now an integrated conglomerate following a scheme of arrangement.
Antony Waste reported strong FY26 performance with Revenue crossing ₹1,000 Cr, driven by expanding MSW collection and a new Waste-to-Energy plant. Net Debt/Equity improved to 0.3x.
Pine Labs reported FY26 revenue growth of 19% with significant EBITDA margin expansion of 500 bps. Management focus remains on multi-layered fintech infrastructure, offline/online expansion, and international scaling in SE Asia and Middle East.
ACIL reported FY26 Total Income of ₹45,652 Mn and EBITDA of ₹4,345 Mn (9.5% margin). Strategy focuses on high-value infrastructure projects like Central Vista and Railway redevelopment.
Pine Labs reported FY26 revenue growth of 19% and adjusted EBITDA of ₹559 Cr (up from ₹357 Cr). Management focus is on improving unit economics and expanding international digital infrastructure.
Sunrakshakk Industries delivered record Q4 performance, pivoting from textiles to a diversified FMCG and Edibles platform. FY26 revenue reached ₹607.75cr with a 5.76% PAT margin.
Vikran Engineering reported record FY26 revenue of ₹1,249 cr, driven by Solar EPC expansion and strong Power T&D execution.
One Point One Solutions transitions from traditional BPM to AI-first enterprise. FY26 Revenue at ₹313.4 CR, up 22.2% YoY, with PAT of ₹38.2 CR.