Coforge Earnings Call: Key Takeaways
Coforge Limited delivered a robust FY26 with 29.2% USD revenue growth, signaling a structural reset in margin profiles led by AI-driven backend automation and successful cross-selling from acquisitions.
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Coforge Limited delivered a robust FY26 with 29.2% USD revenue growth, signaling a structural reset in margin profiles led by AI-driven backend automation and successful cross-selling from acquisitions.
Persistent delivered strong FY26 performance with $1.65B revenue (+17.4% YoY) and 15.6% EBIT margin. Strategy pivoted to AI-led, platform-driven services under 'Sixth Orbit' with record TCV bookings.
Womancart reports hyper-growth in FY26 with revenue up 126% YoY, driven by SKU expansion and quick-commerce scaling. Management focused on a 2-hour delivery model and private label growth.
Lloyds Metals (LMEL) reported record Q4FY26 revenue of ₹49,774mn, up 310% YoY. Strategy focuses on iron ore expansion, copper entry in DRC, and strategic MoU with Tata Steel.
Lloyds Metals delivered record Standalone FY26 results with Total Income of ₹1,38,378 Mn and PAT of ₹31,943 Mn, driven by iron ore production and pellet plant ramp-up.
Shilchar delivered steady FY26 growth but faced a weak Q4 due to Middle East logistics disruptions and US tariff uncertainty. Management remains optimistic, pivoting toward aggressive capacity expansion to drive FY27-28 scale.
Federal Bank delivered record quarterly Net Profit of ₹1,145 Cr in Q4 FY26. Strategy focuses on retail deposit granularity, NRI franchise strengthening, and shifting asset mix toward high-yield secured segments like Gold and LAP.
Spandana returns to profitability after six quarters of losses, driven by a 12% sequential growth in AUM and improved collection efficiency of 99.7%.
Kriti Industries Q4-FY26 revenue reached INR 1,418 Mn with EBITDA margins expanding to 12.91%. The company is focusing on high-margin segments and cost control within its single-location integrated manufacturing facility.
Route Mobile Q3 FY26 earnings show revenue moderation but strong gross margin expansion to 24.5%. Adjusted PAT grew 20% Y-o-Y to ₹1,026 mn.
Emcure surpassed $1B revenue in FY26, driven by strong international growth and high-end niche launches despite a temporary restructuring-led slowdown in their Zuventus portfolio.
Raymond reports modest 2% Q4 revenue growth, heavily reliant on Aerospace and Defense which grew 11%, while overall EBITDA margins contracted from 16.4% to 13.9% due to rising input costs and logistic disruptions.
Raymond Realty reported strong FY26 performance following its demerger, driven by robust demand in Thane and MMR. The company is pivoting towards an asset-light JDA model.
Aeroflex reported its highest-ever quarterly and yearly performance in FY26, driven by entry into high-growth liquid cooling skid assemblies for data centers.
J&K Bank reports record profits while navigating a challenging deposit environment. Management is aggressively balancing aggressive 17.3% credit growth with a focus on retail CASA to protect margins.
Sutlej Textiles reported a mixed FY26 with consolidated revenue at ₹2,594 Cr and a PAT loss of ₹86 Cr. Management is focusing on operational efficiency and Nesterra brand expansion.
Raymond Realty reported FY26 total income of ₹3,039 Cr with 29% y-o-y growth and EBITDA of ₹495 Cr. Strategy focuses on asset-light JDA expansion in MMR/Pune.
CAMS delivered record quarterly revenue, masking muted Mutual Fund growth with a 24.5% surge in non-MF segments. Management is pivoting toward tech-driven cost optimization to sustain 46%+ EBITDA margins despite pricing pressures.
Mafatlal Industries achieved record FY26 revenue of ₹3,870 Cr (+38% YoY), driven by a shift to high-margin uniform solutions and expansion in consumer durables.
Sobha Limited achieved record FY26 real estate sales of ₹8,136 crore, driven by strong performance in Bangalore and NCR. Despite launch delays, management remains bullish on scaling operations with a robust project pipeline.
L&T Finance delivered record annual PAT of ₹3,003 Cr (up 14% YoY) and quarterly PAT of ₹807 Cr (up 27% YoY). Strategic shift completed with 98% retailization and launch of Lakshya 2031 plan.
STL delivered a strong Q4 FY26 with 37% revenue growth and PAT turning positive, driven by AI-led data center demand and optical fiber expansion.
SBFC Finance delivered solid FY26 results with 29% AUM growth and 31% PAT growth. Strategy focuses on deeper penetration in existing states using a 100% direct sourcing model.
Bansal Wire delivered record annual volumes in FY26, achieving INR 4,160cr revenue. Management is pivoting from backward integration to a focus on ROCE and cash flow generation.
Eveready FY26 Revenue grew 8.2% and EBITDA 8.9% (11.5% margin). Strategy focuses on the new Jammu alkaline plant and premiumization.
L&T reported FY26 revenue of ₹2,859 bn (+12% YoY) and recurring PAT of ₹172 bn (+18% YoY). Strategy shifts to 'Lakshya 2031' focusing on green energy and IT services.
L&T delivered strong FY26 performance with 12% revenue growth and 18% Recurring PAT growth. Management unveiled 'Lakshya 2031' strategy focusing on AI-led models, green energy, and semiconductor design.
Jindal Stainless delivered a resilient performance in Q4FY26 despite geopolitical headwinds and fuel cost spikes, supported by steady domestic demand across automotive and infrastructure sectors.
Ajanta Pharma hit major milestones in FY26, surpassing ₹5,000cr revenue and ₹1,000cr PAT, but faces logistics-driven volatility in Asia and rising costs from Middle East conflicts.
Punjab Chemicals delivered record annual revenue with 14% growth, transitioning from consolidation to a growth phase driven by new molecules.