BEML – Q1 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | Vs Poll |
|---|---|---|---|---|
| Net Loss | ₹64 Cr | ▲ Better | ₹70.5 Cr loss | ▼ Miss (₹58 Cr loss) |
| Revenue | ₹634 Cr | — Flat | ₹634 Cr | ▼ Miss (₹689 Cr) |
| EBITDA Loss | ₹49 Cr | ▲ Better | ₹50 Cr loss | ▼ Miss (₹45 Cr loss) |
Verdict
BEML recorded slight improvements in net loss and EBITDA loss YoY but fell short of revenue and profit expectations. The flat revenue points to muted demand, while sustained operating losses remain a concern for the near term.
Astral – Q1 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹1,361 Cr | ▼ 2% | ₹1,384 Cr | ▼ 19% | ₹1,681 Cr |
| EBITDA | ₹185 Cr | ▼ 14% | ₹214 Cr | ▼ 39% | ₹302 Cr |
| Net Profit | ₹79.2 Cr | ▼ 34% | ₹120 Cr | ▼ 56% | ₹178 Cr |
| EPS | ₹3.02 | ▼ 33% | ₹4.48 | ▼ 55% | ₹6.67 |
Verdict
Astral delivered a weak Q1 FY26 with declines in sales, margins, and profitability both YoY and QoQ, impacted by softer demand and higher costs. The sharp sequential fall signals near-term operational pressure.
SJVN – Q1 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹917 Cr | ▲ 5% | ₹870 Cr | ▲ 82% | ₹504 Cr |
| EBITDA | ₹707 Cr | ▲ 9% | ₹646 Cr | ▲ 193% | ₹241 Cr |
| Net Profit | ₹228 Cr | ▼ 36% | ₹357 Cr | ▲ 278% | ₹-128 Cr |
| EPS | ₹0.58 | ▼ 36% | ₹0.91 | ▲ 281% | ₹-0.32 |
Verdict
SJVN posted modest YoY growth in revenue and EBITDA but saw a sharp decline in net profit due to higher expenses or one-offs. Sequentially, the company delivered strong recovery across all metrics from a weak March quarter, indicating operational rebound.
Praj Industries – Q1 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹640 Cr | ▼ 8% | ₹699 Cr | ▼ 26% | ₹860 Cr |
| EBITDA | ₹31.4 Cr | ▼ 66% | ₹92.0 Cr | ▼ 58% | ₹73.9 Cr |
| Net Profit | ₹5.34 Cr | ▼ 91% | ₹84.2 Cr | ▼ 87% | ₹39.8 Cr |
| EPS | ₹0.29 | ▼ 94% | ₹4.58 | ▼ 87% | ₹2.17 |
Verdict
Praj Industries reported a sharp decline in revenue and profitability, with both YoY and QoQ metrics showing significant drops. Weak order execution and margin pressure impacted performance, resulting in subdued earnings for the quarter.
Dollar Industries – Q1 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹384 Cr | ▲ 19% | ₹322 Cr | ▼ 28% | ₹537 Cr |
| EBITDA | ₹40.2 Cr | ▲ 25% | ₹32.3 Cr | ▼ 25% | ₹53.5 Cr |
| Net Profit | ₹19.6 Cr | ▲ 45% | ₹13.6 Cr | ▼ 37% | ₹30.9 Cr |
| EPS | ₹3.46 | ▲ 45% | ₹2.39 | ▼ 37% | ₹5.45 |
Verdict
Dollar Industries delivered strong year-on-year growth across all metrics, reflecting robust demand and improved margins. However, sequential performance dipped due to seasonality and softer sales momentum post a strong March quarter.
Bata India – Q1 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹942 Cr | ▼ 0% | ₹945 Cr | ▲ 20% | ₹788 Cr |
| EBITDA | ₹199 Cr | ▲ 8% | ₹185 Cr | ▲ 12% | ₹178 Cr |
| Net Profit | ₹52.0 Cr | ▼ 70% | ₹174 Cr | ▲ 13% | ₹45.9 Cr |
| EPS | ₹4.05 | ▼ 70% | ₹13.54 | ▲ 13% | ₹3.57 |
Verdict
Bata India posted flat sales YoY but strong QoQ growth. EBITDA improved on both YoY and QoQ basis, indicating operational efficiency. However, net profit and EPS saw a steep YoY decline due to high base effect and possibly one-off factors in the previous year.
Tilaknagar Industries – Q1 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹409 Cr | ▲ 31% | ₹313 Cr | ▲ 1% | ₹406 Cr |
| EBITDA | ₹94.5 Cr | ▲ 88% | ₹50.2 Cr | ▲ 21% | ₹78.4 Cr |
| Net Profit | ₹88.5 Cr | ▲ 121% | ₹40.1 Cr | ▲ 14% | ₹77.4 Cr |
| EPS | ₹4.57 | ▲ 120% | ₹2.08 | ▲ 15% | ₹3.99 |
Verdict
Tilaknagar Industries posted stellar YoY growth across all metrics in Q1 FY26, with EBITDA and net profit more than doubling. Sequentially, the company delivered healthy gains, supported by strong margins and consistent operational momentum.
KNR Constructions – Q1 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹613 Cr | ▼ 38% | ₹985 Cr | ▼ 37% | ₹975 Cr |
| EBITDA | ₹183 Cr | ▼ 34% | ₹279 Cr | ▼ 17% | ₹221 Cr |
| Net Profit | ₹123 Cr | ▼ 26% | ₹166 Cr | ▲ 1518% | ₹7.60 Cr |
| EPS | ₹4.39 | ▼ 29% | ₹6.14 | ▼ 11% | ₹4.95 |
Verdict
KNR Constructions reported weak YoY performance in revenue, EBITDA, and EPS, reflecting execution slowdown. However, net profit surged sharply QoQ due to a low base in the previous quarter, indicating some margin recovery despite muted topline growth.
Sansera Engineering – Q1 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹766 Cr | ▲ 3% | ₹744 Cr | ▼ 2% | ₹782 Cr |
| EBITDA | ₹131 Cr | ▲ 3% | ₹127 Cr | ▲ 3% | ₹127 Cr |
| Net Profit | ₹63.0 Cr | ▲ 26% | ₹50.2 Cr | ▲ 6% | ₹59.2 Cr |
| EPS | ₹10.05 | ▲ 9% | ₹9.18 | ▲ 5% | ₹9.57 |
Verdict
Sansera Engineering delivered steady top-line growth and robust profitability in Q1 FY26, with strong YoY net profit gains supported by margin stability. Despite a mild sequential dip in sales, healthy QoQ improvement in earnings reflects operational resilience.
Exicom Tele-Systems – Q1 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹205 Cr | ▼ 19% | ₹252 Cr | ▼ 23% | ₹266 Cr |
| EBITDA | ₹-38.6 Cr | ▼ 255% | ₹24.8 Cr | ▼ 135% | ₹-16.4 Cr |
| Net Profit | ₹-83.1 Cr | ▼ 490% | ₹18.2 Cr | ▼ 33% | ₹-62.3 Cr |
| EPS | ₹-5.98 | ▼ 556% | ₹1.31 | ▼ 33% | ₹-4.48 |
Verdict
Exicom reported a steep YoY and QoQ decline across all key metrics, moving deeper into losses due to weaker sales and significantly higher operating losses. The sharp fall in profitability and margins signals operational and demand challenges in Q1 FY26.
Subex – Q1 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹66.4 Cr | ▼ 3% | ₹68.2 Cr | ▼ 6% | ₹70.6 Cr |
| EBITDA | ₹3.93 Cr | ▲ 165% | ₹-6.04 Cr | ▲ 130% | ₹-13.0 Cr |
| Net Profit | ₹12.8 Cr | ▲ 214% | ₹-11.2 Cr | ▲ 173% | ₹-17.6 Cr |
| EPS | ₹0.23 | ▲ 215% | ₹-0.20 | ▲ 174% | ₹-0.31 |
Verdict
Subex posted a sharp turnaround with strong year-on-year and quarter-on-quarter improvements in profitability, driven by a rebound in EBITDA and net profit. However, sales saw a slight dip, indicating growth is led more by cost and efficiency gains than revenue expansion.
Enviro Infra – Q1 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹241 Cr | ▲ 17% | ₹205 Cr | ▼ 39% | ₹393 Cr |
| EBITDA | ₹64.2 Cr | ▲ 25% | ₹51.3 Cr | ▼ 35% | ₹99.4 Cr |
| Net Profit | ₹42.5 Cr | ▲ 52% | ₹30.0 Cr | ▼ 43% | ₹74.1 Cr |
| EPS | ₹2.39 | ▲ 6% | ₹2.25 | ▼ 43% | ₹4.17 |
Verdict
Enviro Infra posted strong year-on-year growth across all key metrics, led by robust profitability gains. However, sequentially, the company saw a sharp drop in revenue and earnings, reflecting a seasonal or project execution slowdown from the previous quarter.
VST Tillers Tractors – Q1 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹282 Cr | ▲ 48% | ₹191 Cr | ▼ 6% | ₹301 Cr |
| EBITDA | ₹37.5 Cr | ▲ 180% | ₹13.4 Cr | ▼ 7% | ₹40.4 Cr |
| Net Profit | ₹44.6 Cr | ▲ 95% | ₹22.8 Cr | ▲ 78% | ₹25.0 Cr |
| EPS | ₹51.55 | ▲ 95% | ₹26.45 | ▲ 78% | ₹28.90 |
Verdict
VST Tillers Tractors posted stellar YoY growth across all metrics driven by strong sales and margin expansion. While sales and EBITDA dipped slightly QoQ, net profit and EPS saw sharp sequential improvement, highlighting operational efficiency and cost control.
Websol Energy – Q1 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹219 Cr | ▲ 96% | ₹112 Cr | ▲ 27% | ₹173 Cr |
| EBITDA | ₹103 Cr | ▲ 135% | ₹44.0 Cr | ▲ 31% | ₹78.5 Cr |
| Net Profit | ₹67.2 Cr | ▲ 194% | ₹22.9 Cr | ▲ 39% | ₹48.3 Cr |
| EPS | ₹15.47 | ▲ 185% | ₹5.42 | ▲ 39% | ₹11.12 |
Verdict
Websol Energy delivered an exceptional Q1 FY26 performance with triple-digit year-on-year growth across all key metrics. Strong quarter-on-quarter momentum further reflects robust demand and improving margins, positioning the company for sustained growth.
Shaily Engineer – Q1 FY26 Earnings Highlights
Price: ₹1,670 | M.Cap: ₹7,675 Cr | PE: 79.0
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹225 Cr | ▲ 33% | ₹169 Cr | ▲ 11% | ₹203 Cr |
| EBIDT | ₹60.7 Cr | ▲ 128% | ₹26.6 Cr | ▲ 27% | ₹47.9 Cr |
| Net Profit | ₹36.0 Cr | ▲ 268% | ₹9.78 Cr | ▲ 22% | ₹29.5 Cr |
| EPS | ₹7.83 | ▲ 268% | ₹2.13 | ▲ 22% | ₹6.43 |
Verdict
Shaily Engineer posted stellar Q1 FY26 results with exceptional year-on-year growth across all metrics, driven by robust sales and sharp margin expansion. Strong quarter-on-quarter momentum highlights sustained operational strength and profitability.
Bajaj Consumer – Q1 FY26 Earnings Highlights
Price: ₹232 | M.Cap: ₹3,299 Cr | P/E: 26.2
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹267 Cr | ▲ 8% | ₹246 Cr | ▲ 7% | ₹250 Cr |
| EBITDA | ₹40.5 Cr | ▲ 11% | ₹36.6 Cr | ▲ 27% | ₹31.9 Cr |
| Net Profit | ₹37.9 Cr | ▲ 2% | ₹37.1 Cr | ▲ 22% | ₹31.0 Cr |
| EPS | ₹2.66 | ▲ 2% | ₹2.60 | ▲ 23% | ₹2.17 |
Verdict
Bajaj Consumer posted steady YoY growth across key metrics, with strong sequential gains in EBITDA and profit. Operational performance improved notably QoQ, suggesting momentum building in FY26.
Ipca Labs – Q1 FY26 Earnings Highlights
Price: ₹1,337 | M.Cap: ₹33,968 Cr | PE: 38.2
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹2,309 Cr | ▲ 10% | ₹2,093 Cr | ▲ 3% | ₹2,247 Cr |
| EBITDA | ₹416 Cr | ▲ 6% | ₹393 Cr | ▼ 3% | ₹429 Cr |
| Net Profit | ₹233 Cr | ▲ 21% | ₹199 Cr | ▲ 264% | ₹64 Cr |
| EPS | ₹9.19 | ▲ 21% | ₹7.58 | ▲ 244% | ₹2.67 |
Verdict
Ipca Labs delivered solid year-on-year growth in sales, EBITDA, and profits, with a sharp sequential rebound in net profit and EPS. Despite a slight QoQ dip in operating performance, overall results reflect improved profitability momentum.
