Rubicon Research Earnings Call: Key Takeaways
Rubicon Research delivered a strong Q4 FY26 with 44% revenue growth and 112% profit increase, driven by a robust product pipeline and stable pricing despite outsourcing manufacturing for excess demand.
ALFA Filings
Every announcement, straight from the exchange
Every earnings call announcement on NSE and BSE that our alert engine sent, newest first. Each one has its own page with the summary, the key figures and the original filing.
Time
7,889 announcements with these filters
Rubicon Research delivered a strong Q4 FY26 with 44% revenue growth and 112% profit increase, driven by a robust product pipeline and stable pricing despite outsourcing manufacturing for excess demand.
Tejas Cargo (FY26) achieved 25.4% revenue growth to ₹636.5cr and PAT growth to ₹20.9cr. Strategy focuses on fleet expansion and diversifying into high-yield sectors like coal and car carriers.
V2 Retail delivered explosive growth with 60% YoY revenue increase, driven by aggressive store expansion and robust full-price sales.
Salzer Electronics reported Q4 FY26 revenue growth of 26% YoY to INR 474cr. Management highlighted strong demand in industrial switchgears and cables despite margin pressure from raw material volatility.
Asarfi Hospital Limited reported strong FY26 performance with 42% revenue growth and 58% PAT growth. Management targets scaling to 500+ beds and INR 400cr revenue by FY28.
Finolex Cables delivered a strong Q4 revenue beat driven by non-electrical segments, though raw material volatility and geopolitical supply chain disruptions in the Middle East pressured margins toward year-end.
Jyoti CNC reported strong standalone FY26 growth with 21% revenue increase. Consolidated results were impacted by a one-off ₹67cr revenue reversal in the Huron subsidiary, which management characterizes as a deferment.
20 Microns reported FY26 revenue of ₹953cr with PAT at ₹67cr, transitioning from industrial minerals to a specialty material and functional additive platform.
NBCC reported record historical performance in FY26, driven by a robust consolidated order book of ₹1.27 lakh crore and a focus on high-margin redevelopment projects.
Goldiam achieved record FY26 revenue crossing ₹1,000cr, driven by an 88% lab-grown diamond export mix and hybrid casting model in the US.
Aegis Vopak (AVTL) delivered strong FY26 performance with Revenue up 17% and PAT up 52% YoY, driven by aggressive capacity expansion in LPG and liquid terminals across India's coastline.
Sellowrap H2FY26 results show robust top-line growth with FY26 revenue hitting ₹20,217 Lakhs, though profitability faced transient geopolitical and cost headwinds.
NMDC achieved record performance in FY26, with revenue growing 33% and PAT up 11% YoY. Management highlights 531 LT production as a 'watershed year' where momentum turned into scale.
KLRF delivered strong FY26 performance with significant profit growth across Foods, Engineering, and Green Energy. EBITDA margins expanded to 6.3% from 3.9% YoY.
Premier Explosives (526247) reported Q4FY26 revenue growth of 20% YoY, driven by a 43% surge in Defence & Space services. FY26 PAT grew 61% YoY despite revenue being down 7% due to timing effects.
Vinyas Innovative Technologies marks its 25th anniversary with strong FY26 performance, driven by defense and aerospace segments, margin expansion, and a robust order book.
Prozone Realty delivered a turnaround in FY26, reporting a PAT of ₹178.9 mn vs a loss of ₹543.6 mn in FY25, driven by strategic divestment of operational malls for ₹1,242.5 Cr.
Gufic Biosciences reported Q4 FY26 revenue of ₹252.1 cr and PAT of ₹20.5 cr. Strategy focuses on scaling the Indore facility and transitioning to an IP-owned international model.
Lemon Tree posted record FY26 results but faced Q4 margin pressure from aggressive renovation spends and GST changes. The narrative focuses on the impending demerger into asset-light and asset-heavy entities to unlock value.
Laxmi Organic Q4FY26 revenue grew 9% sequentially with margin improvements, despite a 6% YoY revenue decline for full-year FY26 due to deflationary pressures and feedstock volatility.
JM Financial reports highest ever annual consolidated PAT of ₹1,202 cr for FY26, driven by a 38% increase in Operating PAT. Focus remains on scaling Affordable Home Loans and expanding Wealth Management.
KNR Constructions reported a sharp decline in Q4FY26 financial performance, with standalone revenue falling 37% and PAT dropping 74% YoY, despite a robust order book of ₹86,725 Mn.
Kissht delivered explosive scale in FY26, leveraging proprietary AI for rapid customer segment pivots. Management maintains high optimism despite global headwinds, balancing aggressive growth with a cautious pause in specific high-risk regions.
Glenmark Q4 FY26 consolidated revenue grew 15.8% YoY to ₹37,706m with 20.2% EBITDA margin. Growth driven by landmark AbbVie licensing deal and strong momentum in respiratory franchise.
IREDA (Navratna CPSE) reported solid FY26 performance with total income of ₹8,337 Cr, driven by record loan sanctions of ₹51,883 Cr and 22% growth in the outstanding loan book to ₹93,069 Cr.
Lumax reports record FY26 consolidated revenue of ₹4,870 cr (up 34% YoY) and EBITDA of ₹705 cr (14.5% margin), driven by IAC India merger and premiumization strategy.
SEDEMAC delivered strong FY26 results with Revenue crossing INR 1,000cr, driven by mechatronic control units (ECUs) for vehicle and industrial OEMs.
Management pivots Inox Wind toward an equipment-supply model while scaling Inox Green as India's largest renewable O&M player via aggressive acquisitions and internal group synergies.
RHI Magnesita India achieved record FY26 revenue of ₹4,01,995 Lakhs, a 9% YoY growth, despite geopolitical headwinds and a ₹55,624 Lakhs impairment charge.
Bajel Projects delivered strong FY26 growth, with net profit up 74%, while navigating severe commodity price inflation and geopolitical headwinds. The company is pivoting from scale-led to quality-led growth via 'Rasta 2030'.