LE Travenues Technology Earnings Call: Key Takeaways
Ixigo delivered 34% FY26 revenue growth and record PAT of ₹71cr. The group is pivoting from a traditional OTA to an 'AI-native' travel operating layer via ixigo NEXT.
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Ixigo delivered 34% FY26 revenue growth and record PAT of ₹71cr. The group is pivoting from a traditional OTA to an 'AI-native' travel operating layer via ixigo NEXT.
Aptus Pharma (BSE SME) reports strong growth in FY26 following its 2025 listing. The company operates an asset-light, marketing-focused model with 250+ formulations across diverse therapeutic segments.
Blue Jet Healthcare reported FY26 revenue of ₹947cr (-8% YoY) and PAT margin of 26%. Management highlights transition from investment to commercialization phase via significant Vizag greenfield expansion.
Quadrant delivered Q4FY26 revenue of ₹566 Mn (+70% QoQ) driven by Specialty Cables. The company received RDSO approval for KAVACH 4.0 passenger trials, signaling entry into the final commercialization stage.
Poly Medicure reported FY26 consolidated revenue of ₹1,875cr (up 12.3%) and standalone EBITDA of ₹446cr (26.8% margin). The company is transitioning from product-focused to therapy-focused segments like Cardiology and Renal.
Whirlpool of India delivered 7.4% Q4 revenue growth, reaching ₹2,181 cr. Strategy focuses on premiumization (Elica, front-load washers) and scaling the AC business despite regulatory cost headwinds.
Indo Farm reports FY26 revenue of ₹419.5cr (14.4% YoY) with EBITDA at ₹53.5cr. Management focused on capacity expansion and new product launches like tower cranes.
Ashiana Housing delivered a record FY26 with booking value surging 25% to ₹2,421 crores. Management is pivoting aggressively toward high-margin senior living, which now drives over half of long-term strategic focus.
Grand Continent Hotels reported strong FY26 revenue of ₹140.54cr (up 94% YoY). Strategy focuses on expanding from 31 to 50 hotels (3,000+ keys) by FY28 across India and the US.
Frontier Springs delivered strong FY26 performance with 39% revenue growth and significantly improved profitability driven by the new Air Springs segment and Indian Railways demand.
Balaxi's FY26 was a transformational year focused on backward integration. Despite a 7.7% revenue decline to ₹270.17 Cr due to working capital issues in Angola, gross margins improved to 44.2%.
Linc Limited reported FY26 operating income of ₹543 cr and PAT of ₹32.74 cr (5.9% margin). Q4 FY26 revenue declined 10.6% YoY to ₹137.67 cr.
Technocraft shows strong momentum in US scaffolding and drum closures, though real estate execution delays hinder the Mach1 segment. Management is cautiously optimistic despite geopolitical volatility and high US tariffs.
Inox Wind delivered FY26 revenue of ₹4,569 cr (up 23% YoY) and EBITDA of ₹1,232 cr. The company is pivoting toward a high-margin equipment supply model with a 3.1 GW order book.
Jagran Prakashan reported FY26 consolidated revenue of ₹1,876.22 cr, down 1%. PAT grew 97% to ₹184.93 cr, aided by lower impairment costs.
NPST is pivoting from low-margin domestic UPI volumes to high-margin international markets, SaaS models, and AI-led RegTech solutions.
Inox Green reported strong Q4 FY26 results with total income of ₹120cr (up 40% YoY) and PAT of ₹28cr (up 340% YoY). The company is transitioning to an asset-light, annuity-based renewable O&M model.
IndiGo reported FY26 total income of INR 895 bn, up 6.4% YoY. Despite record revenue, the company posted a full-year PAT loss of INR 23.9 bn due to exceptional items and forex volatility.
Fortis reported strong FY26 performance with 17.3% revenue growth and 31.5% PAT growth. Strategy focuses on brownfield expansion and diagnostic margin improvement.
3B BlackBio Dx delivered strong consolidated growth in FY26, driven by the acquisition of Coris BioConcept. Strategy focuses on expanding the Molecular Diagnostics (MDx) portfolio and international market penetration.
Shigan reported consolidated revenue of ₹218.43 Cr for FY26 with 8.57% EBITDA margin. Strategy shifts towards EV components and fire safety systems to drive next growth phase.
Quest Flow Controls (formerly Meson Valves) reports FY26 revenue of ₹6,236 lakhs with a net loss of ₹428 lakhs, driven by US expansion costs and divestment of non-core entities.
Meta Infotech reported record FY26 revenue of ₹2,700 Mn (up 23% YoY), transitioning toward high-margin cybersecurity services while expanding domestic and global footprints.
Triton Valves delivered FY26 revenue of ₹578cr with a Reported PBT of ₹13.70cr, amidst business restructuring and a 50th-year bonus issue. Growth strategy focuses on merging Climate Control and Metals verticals.
Mrs. Bectors achieved a milestone ₹2,000cr revenue in FY26, but the Q4 performance showed signs of slowing growth and margin pressure from rising input costs and geopolitical conflicts.
Repro India reported record Q4FY26 revenue of ₹141cr, up 11% YoY, driven by 17% growth in its Digital business. The company is pivoting towards a tech-enabled platform model.
Sharda Motor reported strong Q4 FY26 performance with 30% YoY revenue growth. Strategy focuses on diversifying into lightweighting, powertrain agnostic products, and expanding export markets.
Apsis Aerocom FY26 investor presentation following its NSE SME listing, highlighting growth in precision manufacturing for aerospace and defense sectors.
Natco Pharma reported FY26 revenue of INR 43,759 Mn and PAT of INR 14,185 Mn, driven by US generic launches and high export formulation contributions.
Captain Polyplast reported record Q4 revenue growth of 80% YoY, driven by solar EPC expansion and micro-irrigation demand. FY26 revenue reached ₹419cr (+44%).