Gabriel India Earnings Call: Key Takeaways
Gabriel India reported robust double-digit growth across all segments, though rising commodity costs are beginning to pressure gross margins despite strong operational performance.
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Gabriel India reported robust double-digit growth across all segments, though rising commodity costs are beginning to pressure gross margins despite strong operational performance.
Cello World reported FY26 revenue of ₹2,324 cr (+9% YoY) and PAT of ₹332 cr. Strategic focus remains on capacity expansion in glassware and steel flasks.
B L Kashyap reports FY26 consolidated revenue of ₹1379.14cr, focused on debt reduction (reduced to ₹270cr) and shifting toward a 25% government project mix by FY27.
United Foodbrands (formerly Barbeque-Nation) delivered FY26 revenue of ₹13,387 Mn (+8.6% YoY) with significant H2 acceleration. The company is pivoting towards a multi-brand dining platform strategy.
V2 Retail reported robust FY26 performance with revenue growing 63% and PAT surging 125%. The company continues its aggressive store expansion strategy in Tier-II and Tier-III cities.
NPST reported strong FY26 performance with revenue reaching ₹209.4 Cr. The company is pivoting from domestic UPI-centric models to high-margin international SaaS and RegTech opportunities.
Insecticides India delivered steady 7% revenue growth in FY26, balancing raw material inflation through premiumization and strategic partnerships while preparing for a major brand expansion via its new subsidiary, Kairos.
Apar achieved record FY26 revenue of ₹22,902cr, up 23.3%, but faced late-quarter headwinds from Middle East conflict-induced logistical disruptions and metal price volatility affecting margins in oil and cable segments.
Max India reported Q4FY26 revenue of ₹72 Cr, up 58% YoY. EBITDA loss narrowed significantly to ₹7 Cr from ₹28 Cr QoQ.
TCPL reported Q4 FY26 consolidated total income of Rs. 465.2 crore, up 9.2% YoY, with an EBITDA margin of 17.4%. Growth was driven by resilient domestic demand despite export headwinds.
GMM Pfaudler reported FY26 revenue growth of 10% and EBITDA growth of 11%, supported by a record order backlog of ₹3,714 crore.
Indo Borax delivered solid FY26 performance with consolidated revenue of ₹215.45 Cr and PAT of ₹50.27 Cr, following a major 50.80% ownership transition to institutional investors.
Mufin is pivoting from low-margin EV/solar financing to high-yield digital products like insurance premium financing to drive profitability.
Dhampur Sugar Mills reported FY26 consolidated revenue of ₹2807.57 Cr (up 5.7% YoY) and PAT of ₹65.33 Cr (up 24.6% YoY), driven by higher sugar sales and potable spirits expansion.
Excelsoft Technologies reported Q4 FY26 revenue of ₹812M (+16% YoY) and full-year FY26 revenue of ₹2,725M (+17% YoY), driven by EdTech services.
VIP Clothing delivered healthy FY26 growth, with Revenue up 10.21% to ₹715.36 Mn and EBITDA margins improving to 9.54% due to premiumization and operational efficiencies.
Mufin Green Finance is pivoting from EV/Solar to high-margin digital products like medical insurance financing and salary-backed loans to aggressively boost profitability.
Moneyboxx Finance Q4 & FY26 presentation highlights a strategic pivot to secured lending (67% of FY26 disbursements) and expansion in semi-urban/rural MSME segments. Total Income grew 17% YoY to ₹232.13 crore in FY26.
Indogulf delivered strong FY26 performance with 19% revenue growth and 27% PAT growth, driven by its Crop Protection vertical and expansion into new international markets.
Aartech Solonics reported record FY26 revenue of ₹40cr, though management remains vague on specific guidance for upcoming periods, prioritizing 'innovation' over hard numerical targets.
VIP Clothing reports FY26 revenue of ₹2,538 Mn, up 7.15% YoY, with PAT surging 79.8% to ₹98.10 Mn. Strategy focuses on premiumization and expanding the women's innerwear segment.
FY26 revenue dropped to ₹40.5Cr from ₹65.7Cr due to Amazon marketplace exit. Company reported a ₹17.42Cr PAT loss, largely driven by a ₹12.38Cr inventory write-off and restructuring.
SRM Contractors shows massive growth driven by high-margin slope stabilization and technical projects in challenging terrains.
SEIL delivered strong QoQ growth in Q4 FY26, driven by operational efficiencies and capacity ramp-ups. Management remains optimistic due to infrastructure demand and strategic investment from IMR Group.
Relaxo's FY26 results show a 3.13% YoY revenue decline to ₹2,702 Cr, though PAT grew 5.25% to ₹179 Cr. Strategy focuses on premiumization and distribution through 70k+ outlets.
TBZ reported a stellar Q4 FY26 with 56.74% revenue growth and 558.85% PAT growth YoY. Strategy focuses on retail footprint expansion and insight-led brand campaigns.
Bharat Wire Ropes reported FY26 revenue of INR 5,905 Mn with 22.15% EBITDA margins. Management is focusing on value-added products and domestic markets to offset geopolitical supply chain disruptions.
Aditya Infotech dominates the Indian surveillance market with a 45.4% share, reporting stellar FY26 growth. However, management warns of rising semiconductor costs and supply disruptions impacting future margins despite aggressive guidance upgrades.
VGL delivered a strong Q4 FY26 with 41% PBT growth. Focus remains on digital scaling, in-house brands (now >50% of B2C sales), and AI integration.
Ddev Plastiks delivered 13% revenue growth in FY26 despite geopolitical headwinds. Strategy focuses on polymer compounding capacity expansion and a major foray into Battery Energy Storage Systems (BESS).