Bajaj Auto Earnings Call: Key Takeaways
Bajaj Auto delivered record Q3 performance with all-time high revenue and EBITDA, driven by a broad-based recovery in exports and robust growth in the electric vehicle portfolio.
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Bajaj Auto delivered record Q3 performance with all-time high revenue and EBITDA, driven by a broad-based recovery in exports and robust growth in the electric vehicle portfolio.
Hexaware reports stable Q1CY26 performance with revenue of $388.5Mn and 13.0% EBIT margin, emphasizing an AI-centric strategy through its 'Pivot to AI' and Agentic AI models.
Greaves Cotton reported steady FY26 growth, led by core segments, but is overshadowed by ongoing losses in the EV mobility business and a ₹16cr asset impairment in e-powertrain technology.
CleanMax reports Q3 FY26 results with 40% EBITDA growth and significant capacity expansion. Management focuses on its pure-play C&I renewable model and strategic partnerships.
CESC delivered a strong FY26 with consolidated revenue growing 9% YoY to ₹18,570 Cr and PAT up 13% to ₹1,618 Cr, driven by distribution efficiency and thermal performance.
Aptus reported strong Q4 FY26 results with AUM growing 21% YoY to ₹13,107 Cr and PAT up 26% to ₹261 Cr. Focus remains on self-employed borrowers in Tier II-IV cities.
Aptus Value Housing Finance reported strong Q4 FY26 performance with AUM at ₹13,107 Cr, driven by record quarterly disbursements and a focus on self-employed borrowers in Tier II/III/IV cities.
Polycab achieved record FY26 revenue despite Middle East geopolitical disruptions affecting Q4. Management remains aggressively optimistic, emphasizing market share gains and record capex intensity.
Indiabulls Limited reports Q4 FY26 revenue of ₹418.39cr and PAT of ₹194.26cr. The company has pivoted to a clean structure focused on Real Estate and Financial Services.
Adani Power reported Q4 FY26 EBITDA of ₹6,498 crore (up 27% YoY) and full-year PAT of ₹12,971 crore, driven by high plant availability and capacity expansion strategy.
Godrej Consumer Products delivered solid Q4FY26 growth with 11% revenue and 10% PAT increase, driven by strong India home care performance, though commodity headwinds and regional pressures in personal care persist.
Raymond Lifestyle FY26 revenue crossed ₹7,000 Cr, up 11% YoY. EBITDA grew 23% to ₹804 Cr with 11.4% margin, driven by premiumization and domestic focus.
Indian Bank reported FY26 Net Profit of ₹12,156 crore (+11.33% YoY) with an ROA of 1.31%. Strategy focuses on CASA maintenance (39.67%) and RAM sector growth.
Sula reported Q4FY26 revenue growth of 7.1% YoY to ₹142.6 Cr, driven by strong Wine Tourism (+17.5%) and Elite/Premium brands (+10.6%).
PNGS Gargi reports FY26 revenue of ₹149 Cr (+18% YoY) with 21% PAT margin. Strategic pivot to an asset-light, multi-format retail model targeting the youth fashion jewellery segment.
Firstsource crossed $1 billion revenue in FY26, signaling a shift toward AI-led 'Intelligent Operations' over traditional labor-based BPO models.
Regency Fincorp is an emerging NBFC shifting to digital lending and secured MSME loans. FY26 shows strong expansion with total income reaching ₹40.05 Cr and PAT growing to ₹13.42 Cr.
Indegene crossed ₹1,000Cr quarterly revenue milestone in Q4FY26. Strategy focuses on GenAI-led transformation (Tectonic model) and deepening top-20 global pharma relationships.
Brigade reports FY26 revenue of ₹5,909 Cr, up 11% YoY, driven by strong residential sales and leasing. Real estate collections reached ₹1,985 Cr in Q4.
Brigade reported FY26 revenue of ₹5,909 Cr with 11% YoY growth. Strategy focused on multi-segment scaling across residential, leasing, and hospitality with 100+ Mn sq.ft. delivered.
Silkflex Polymers reported strong Q4 FY26 results as it transitions from trading to a manufacturing-led model, driven by its new Vadodara facility.
Websol delivered record FY26 results with 82% revenue growth and 41% EBITDA margins, driven by cell capacity doubling to 1.2 GW.
Jana SFB met Q4 FY26 guidance with PAT of ₹140cr. Bank is exiting MFI stress with SMA at 3.66% and focus shifting to secured asset growth (72.6% of book).
Godrej Properties delivered its best-ever year in FY26, achieving record bookings, collections, and earnings. Management raised residential booking guidance for FY27 to INR 39,000+ crores.
Capillary Technologies reported strong FY26 growth, closing with ₹734cr revenue. Profitability is driven by organic platform expansion and aggressive M&A of low-margin competitors upgraded to their high-margin AI stack.
Aeroflex reported its highest quarterly revenue and EBITDA, driven by entry into high-margin liquid cooling skids for AI data centers. While core hoses remain stable, the new skid segment is the primary catalyst.
Management is navigating a flat fiscal year marked by volatile raw material costs and increased domestic competition in methylamines, maintaining a 'cautiously optimistic' tone despite stagnant top and bottom-line growth.
Punjab & Sind Bank reported its highest-ever annual net profit of ₹1,322 Cr for FY26. Total business grew 14.94% to ₹2.64 Lakh Cr with robust credit growth.
JTL Defence (formerly RCI Industries) reported FY26 turnaround with Rs 193 Mn revenue and Rs 3 Mn PAT, shifting focus to high-value copper alloys.
Snowman Logistics reported FY26 revenue of ₹604.4 Cr (up 9.5% YoY) with EBITDA of ₹94.5 Cr. Strategy focuses on 5PL platform transition and capacity expansion.