Adani Ports and Special Economic Zone – Q4 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹10,738 Cr | ▲ 26% | ₹8,488 Cr | ▲ 11% | ₹9,705 Cr |
| EBITDA | ₹6,020 Cr | ▲ 20% | ₹5,006 Cr | ▲ 4% | ₹5,786 Cr |
| Net Profit | ₹3,308 Cr | ▲ 11% | ₹3,023 Cr | ▲ 9% | ₹3,043 Cr |
| EPS | ₹14.45 | ▲ 4% | ₹13.95 | ▲ 9% | ₹13.25 |
| Exceptional Items | ₹-61.6 Cr | ▼ Higher vs LY | ₹-24.4 Cr | – | – |
Verdict
Adani Ports delivered a strong quarter with healthy double-digit growth in revenue and profit on a YoY basis, supported by operational scale and cargo volume momentum. QoQ performance remained stable with steady improvement across profitability metrics, indicating continued execution strength and resilient port-led logistics demand.
Bajaj Finserv – Q4 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹38,494 Cr | ▲ 5% | ₹36,595 Cr | ▼ 3% | ₹39,708 Cr |
| EBITDA | ₹14,511 Cr | ▲ 14% | ₹12,728 Cr | ▲ 5% | ₹13,866 Cr |
| Net Profit | ₹5,226 Cr | ▲ 5% | ₹4,756 Cr | ▲ 20% | ₹4,368 Cr |
| EPS | ₹15.86 | ▲ 5% | ₹15.14 | ▲ 14% | ₹13.95 |
Verdict
Bajaj Finserv delivered a steady Q4 FY26 performance with moderate year-on-year growth in sales and profitability, while EBITDA expanded at a faster pace indicating margin strength. Despite a slight sequential dip in revenue, strong quarter-on-quarter improvement in net profit and EPS reflects improving operational momentum and positions the company positively heading into FY27.
Cholamandalam Investment & Finance – Mar 2026 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹8,417 Cr | ▲ 19% | ₹7,046 Cr | ▲ 7% | ₹7,898 Cr |
| EBITDA | ₹5,820 Cr | ▲ 16% | ₹5,036 Cr | ▲ 9% | ₹5,344 Cr |
| Net Profit | ₹1,645 Cr | ▲ 31% | ₹1,260 Cr | ▲ 27% | ₹1,290 Cr |
| EPS | ₹19.31 | ▲ 29% | ₹14.98 | ▲ 26% | ₹15.28 |
Verdict
Cholamandalam Investment & Finance delivered a strong performance in Mar 2026 with robust growth across profitability metrics. Net profit outpaced revenue growth, indicating margin expansion and improving operating leverage. Consistent QoQ momentum alongside solid YoY gains reflects healthy loan growth traction and stable asset-quality trends, supporting a positive outlook for the NBFC franchise.
Kotak Mahindra Bank – Q4 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Net Profit | ₹4,026.5 Cr | ▲ 13.36% | ₹3,552 Cr | — | — |
| Net Interest Income (NII) | ₹7,876 Cr | ▲ 8.1% | ₹7,284 Cr | — | — |
| Gross NPA | 1.20% | — | — | ▼ QoQ | 1.30% |
| Net NPA | 0.25% | — | — | ▼ QoQ | 0.31% |
| Provisions | ₹516.4 Cr | ▼ 43.2% | ₹909.4 Cr | ▼ 36.2% | ₹809.6 Cr |
Verdict
Kotak Mahindra Bank delivered a steady Q4 performance with double-digit profit growth supported by lower provisions and improved asset quality. GNPA and NNPA declined sequentially, reflecting stronger balance-sheet stability, while moderate NII growth indicates stable core lending momentum. Overall, the quarter signals improving credit quality and controlled risk costs—positive for near-term earnings visibility.
Avenue Supermarts (DMart) – Mar 2026 Earnings Highlights
Price: ₹4,586 M.Cap: ₹2,99,057 Cr PE: 100.7
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹17,684 Cr | ▲ 19% | ₹14,872 Cr | ▼ 2% | ₹18,101 Cr |
| EBIDT | ₹1,211 Cr | ▲ 27% | ₹955 Cr | ▼ 17% | ₹1,463 Cr |
| Net Profit | ₹656 Cr | ▲ 19% | ₹551 Cr | ▼ 23% | ₹856 Cr |
| EPS | ₹10.07 | ▲ 19% | ₹8.47 | ▼ 23% | ₹13.15 |
Verdict
Avenue Supermarts delivered healthy double-digit YoY growth in sales, EBITDA, and profit, reflecting steady store expansion and strong operating efficiency. However, sequential QoQ decline across profitability metrics indicates margin normalization after a stronger previous quarter. Overall performance remains structurally strong, but elevated valuation (PE ~100) keeps expectations high.
CDSL – Q4 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹263 Cr | ▲ 17% | ₹224 Cr | ▼ 13% | ₹304 Cr |
| EBITDA | ₹116 Cr | ▲ 6% | ₹109 Cr | ▼ 28% | ₹160 Cr |
| Net Profit | ₹79.8 Cr | ▼ 20% | ₹100 Cr | ▼ 40% | ₹133 Cr |
| EPS | ₹3.84 | ▼ 20% | ₹4.80 | ▼ 40% | ₹6.38 |
Verdict
CDSL reported healthy year-on-year revenue growth supported by continued expansion in demat accounts and capital market participation 📈. However, profitability declined both YoY and sharply QoQ due to margin compression and a higher base in the previous quarter. The steep sequential drop in EBITDA and net profit indicates near-term earnings volatility, though the long-term structural growth outlook remains positive with rising retail investor penetration and market activity.
National Securities Depository Limited – Earnings Highlights (Mar 2026)
Price: ₹881 | M.Cap: ₹17,617 Cr | P/E: 46.4
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹458 Cr | ▲ 26% | ₹364 Cr | ▲ 27% | ₹360 Cr |
| EBITDA | ₹103 Cr | ▲ 12% | ₹91.3 Cr | ▼ 3% | ₹106 Cr |
| Net Profit | ₹90.3 Cr | ▲ 8% | ₹83.3 Cr | ▲ 1% | ₹89.7 Cr |
| EPS | ₹4.51 | ▲ 8% | ₹4.16 | ▲ 1% | ₹4.48 |
Verdict
NSDL delivered strong revenue growth in Mar 2026 with sharp improvement both YoY and QoQ, reflecting higher depository activity and rising market participation. EBITDA growth remained moderate on a yearly basis and softened sequentially, indicating mild margin pressure. Net profit and EPS recorded steady single-digit YoY growth with marginal QoQ improvement, highlighting stable operational performance. Overall, results indicate consistent earnings visibility supported by structural growth in India’s capital market infrastructure.
Epigral – Q4 FY26 Earnings Highlights
Price: ₹1,216 | M.Cap: ₹5,244 Cr | PE: 15.8
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹736 Cr | ▲ 17% | ₹628 Cr | ▲ 23% | ₹597 Cr |
| EBITDA | ₹169 Cr | ▼ 3% | ₹173 Cr | ▲ 64% | ₹103 Cr |
| Net Profit | ₹81.9 Cr | ▼ 5% | ₹86.6 Cr | ▲ 109% | ₹39.2 Cr |
| EPS | ₹18.99 | ▼ 5% | ₹20.08 | ▲ 109% | ₹9.07 |
Verdict
Epigral reported strong sequential recovery in Q4 FY26 with sharp QoQ improvement across EBITDA, net profit, and EPS, indicating margin normalization after a weak previous quarter. However, on a YoY basis, profitability remained slightly under pressure despite healthy revenue growth, suggesting cost or realization challenges. Overall, operational momentum improved meaningfully heading into the next fiscal period.
Jindal Steel – Mar 2026 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹16,218 Cr | ▲ 23% | ₹13,183 Cr | ▲ 25% | ₹13,027 Cr |
| EBITDA | ₹2,929 Cr | ▲ 29% | ₹2,262 Cr | ▲ 80% | ₹1,629 Cr |
| Net Profit | ₹1,041 Cr | ▲ 173% | ₹–304 Cr | ▲ 451% | ₹189 Cr |
| EPS | ₹10.24 | ▲ 408% | ₹–3.33 | ▲ 448% | ₹1.87 |
| Exceptional Items* | ₹–817 Cr | ▲ Improvement | ₹–1,229 Cr | – | – |
Verdict
Jindal Steel delivered a strong turnaround performance in Mar 2026 with robust growth across revenue and operating profit. The sharp jump in net profit and EPS reflects improved realizations, operating leverage, and lower drag from exceptional items compared to last year. Sequential momentum remained very strong, particularly at the EBITDA and profit level, indicating improving steel cycle support and operational efficiency.
Punjab Chemicals – Q4 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹209 Cr | ▲ 3% | ₹202 Cr | ▼ 15% | ₹247 Cr |
| EBIDT | ₹27.5 Cr | ▲ 8% | ₹25.5 Cr | ▼ 7% | ₹29.6 Cr |
| Net Profit | ₹11.0 Cr | ▲ 15% | ₹7.05 Cr | ▼ 20% | ₹13.8 Cr |
| EPS | ₹8.95 | ▲ 56% | ₹5.75 | ▼ 21% | ₹11.26 |
Verdict
Punjab Chemicals delivered modest year-on-year growth across revenue and profitability, with a strong improvement in EPS reflecting better operational efficiency on an annual basis. However, sequential performance declined across all key metrics, indicating margin pressure or normalization after a stronger December quarter. Overall, the results remain stable but slightly weak on a quarter-on-quarter basis.
Netweb Technologies – Q4 FY26 Earnings Highlights
Price: ₹4,065 | M.Cap: ₹23,145 Cr | PE: 112.5x
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹774 Cr | ▲ 87% | ₹415 Cr | ▼ 4% | ₹805 Cr |
| EBITDA | ₹96.6 Cr | ▲ 63% | ₹59.3 Cr | ▼ 1% | ₹97.9 Cr |
| Net Profit | ₹70.6 Cr | ▲ 66% | ₹42.6 Cr | ▼ 4% | ₹73.3 Cr |
| EPS | ₹12.40 | ▲ 65% | ₹7.52 | ▼ 4% | ₹12.94 |
Verdict
Netweb Technologies delivered a strong year-on-year performance in Q4 FY26 with robust growth across sales, EBITDA, net profit, and EPS, reflecting continued demand momentum in high-performance computing, AI systems, and enterprise infrastructure segments. However, on a quarter-on-quarter basis, earnings showed mild moderation after a strong December quarter, indicating near-term consolidation rather than a structural slowdown. The elevated valuation suggests the market is pricing in sustained high growth visibility ahead.
L G Balakrishnan – Q4 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹815 Cr | ▲ 22% | ₹669 Cr | ▼ 0% | ₹817 Cr |
| EBITDA | ₹116 Cr | ▲ 13% | ₹102 Cr | ▼ 14% | ₹135 Cr |
| Net Profit | ₹69.7 Cr | ▼ 7% | ₹84.0 Cr | ▼ 21% | ₹88.4 Cr |
| EPS | ₹21.86 | ▼ 17% | ₹26.35 | ▼ 21% | ₹27.73 |
| Exceptional Items | ₹1.04 Cr | ▼ 92% | ₹12.6 Cr | – | – |
Verdict
L G Balakrishnan delivered strong revenue growth of 22% YoY, reflecting healthy demand momentum. However, profitability remained under pressure, with EBITDA rising modestly while net profit declined both YoY and QoQ. Sequential softness in margins and earnings indicates near-term operating cost pressure despite stable topline performance. Overall, the quarter suggests solid sales traction but weaker earnings efficiency, keeping the short-term outlook neutral.
APL Apollo Tubes – Q4 FY26 Earnings Highlights
Price: ₹1,905 | M.Cap: ₹52,894 Cr | PE: 44.0
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹6,269 Cr | ▲ 14% | ₹5,509 Cr | ▲ 5% | ₹5,982 Cr |
| EBITDA | ₹511 Cr | ▲ 24% | ₹414 Cr | ▲ 8% | ₹472 Cr |
| Net Profit | ₹354 Cr | ▲ 21% | ₹293 Cr | ▲ 14% | ₹310 Cr |
| EPS | ₹12.76 | ▲ 21% | ₹10.56 | ▲ 14% | ₹11.17 |
Verdict
APL Apollo Tubes delivered a strong quarter with healthy double-digit growth across sales, EBITDA, and net profit on both YoY and QoQ basis. Margin-led profitability expansion and steady volume momentum reflect continued strength in structural steel demand. However, with valuations already premium (PE ~44), further upside may depend on sustained volume growth, capacity utilization improvement, and margin stability going ahead.
Zen Technologies – Q4 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹178 Cr | ▼ 45% | ₹325 Cr | ➖ 0% | ₹178 Cr |
| EBITDA | ₹49.6 Cr | ▼ 64% | ₹138 Cr | ▼ 25% | ₹66.5 Cr |
| Net Profit | ₹47.2 Cr | ▼ 69% | ₹114 Cr | ▼ 15% | ₹55.7 Cr |
| EPS | ₹3.49 | ▼ 69% | ₹11.19 | ▼ 43% | ₹6.07 |
Verdict
Zen Technologies reported a weak Q4 FY26 performance with sharp declines across revenue, EBITDA, net profit, and EPS on a year-on-year basis, reflecting lower execution and profitability compared to the high base last year. Quarter-on-quarter performance remained subdued, with flat sales and continued pressure on margins and earnings, indicating near-term moderation in operational momentum despite earlier strong order-driven growth trends.
Mazagon Dock – Q4 FY26 Earnings Highlights
Price: ₹2,733 | M.Cap: ₹1,10,252 Cr | P/E: 42.7
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹3,850 Cr | ▲ 21% | ₹3,174 Cr | ▲ 7% | ₹3,601 Cr |
| EBITDA | ₹543 Cr | ▲ 355% | ₹119 Cr | ▼ 39% | ₹887 Cr |
| Net Profit | ₹674 Cr | ▲ 109% | ₹325 Cr | ▼ 23% | ₹880 Cr |
| EPS | ₹16.84 | ▲ 109% | ₹8.06 | ▼ 23% | ₹21.81 |
Verdict
Mazagon Dock delivered strong year-on-year growth across sales and profitability, supported by execution momentum in defence shipbuilding orders. However, quarter-on-quarter moderation in EBITDA, net profit, and EPS indicates margin normalization after a strong previous quarter. The long-term outlook remains supported by a robust defence order pipeline and strategic importance in India’s naval expansion program.
Indus Towers – Mar FY26 Earnings Highlights
Price: ₹410 | M.Cap: ₹1,08,151 Cr | PE: 15.1
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹8,101 Cr | ▲ 5% | ₹7,727 Cr | ▼ 1% | ₹8,146 Cr |
| EBITDA | ₹4,424 Cr | ▲ 1% | ₹4,395 Cr | ▼ 1% | ₹4,468 Cr |
| Net Profit | ₹1,793 Cr | ▲ 1% | ₹1,779 Cr | ▲ 1% | ₹1,776 Cr |
| EPS | ₹6.80 | ▲ 1% | ₹6.74 | ▲ 1% | ₹6.73 |
Verdict
Indus Towers reported modest year-on-year growth across revenue, EBITDA, net profit, and EPS, indicating stable operating performance. However, sequential softness in revenue and EBITDA suggests limited near-term momentum, while profitability remained steady with slight improvement on a QoQ basis—reflecting resilience but not strong expansion in the quarter.
Ideaforge Technology – Mar FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹141 Cr | ▲ 594% | ₹20.3 Cr | ▲ 346% | ₹31.6 Cr |
| EBIDT | ₹61.7 Cr | ▲ 382% | ₹-21.8 Cr | ▲ Strong Turnaround | ₹-26.5 Cr |
| Net Profit | ₹60.0 Cr | ▲ 333% | ₹-25.7 Cr | ▲ Strong Turnaround | ₹-33.8 Cr |
| EPS | ₹13.86 | ▲ 332% | ₹-5.97 | ▲ Strong Turnaround | ₹-7.83 |
Verdict
Ideaforge Technology delivered an exceptional turnaround quarter with massive year-on-year and quarter-on-quarter improvement across revenue and profitability. The shift from losses to strong net profit reflects strong execution and traction from defence drone orders. Earnings momentum appears robust, though sustainability will depend on order inflows continuity and execution visibility in the coming quarters.
Aster DM Health – Q4 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹1,182 Cr | ▲ 18% | ₹1,000 Cr | ▼ 0.3% | ₹1,186 Cr |
| EBITDA | ₹224 Cr | ▲ 23% | ₹182 Cr | ▲ 11% | ₹202 Cr |
| Net Profit | ₹154 Cr | ▲ 42% | ₹85.5 Cr | ▲ 163% | ₹58.6 Cr |
| EPS | ₹2.71 | ▲ 72% | ₹1.58 | ▲ 168% | ₹1.01 |
Verdict
Aster DM Health delivered strong year-on-year growth across revenue and profitability, reflecting improving operating performance and better margins. Despite flat sequential revenue, EBITDA expansion and a sharp jump in net profit indicate efficiency gains and stronger earnings quality. The substantial QoQ surge in profit and EPS suggests momentum improvement heading into FY27, though elevated valuation (PE ~89) keeps expectations high.
ACC Limited – Q4 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹7,146 Cr | ▲ 17% | ₹6,115 Cr | ▲ 10% | ₹6,483 Cr |
| EBITDA | ₹626 Cr | ▼ 25% | ₹830 Cr | ▼ 11% | ₹700 Cr |
| Net Profit | ₹238 Cr | ▼ 63% | ₹751 Cr | ▼ 41% | ₹404 Cr |
| EPS | ₹12.69 | ▼ 68% | ₹39.99 | ▼ 41% | ₹21.52 |
Verdict
ACC reported strong revenue growth in Q4 FY26, indicating healthy volume traction and demand support. However, sharp declines in EBITDA, net profit, and EPS both YoY and QoQ highlight margin pressure and cost-side challenges impacting profitability. Overall, the quarter reflects top-line strength but weak earnings performance, suggesting profitability recovery remains a key monitorable going forward.
Adani Enterprises – Mar FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹32,439 Cr | ▲ 20% | ₹26,966 Cr | ▲ 31% | ₹24,820 Cr |
| EBITDA | ₹3,731 Cr | ▲ 1% | ₹3,710 Cr | ▲ 2% | ₹3,642 Cr |
| Net Profit | ₹-167 Cr | ▼ 121% | ₹4,015 Cr | ▼ 103% | ₹5,727 Cr |
| EPS | ₹-1.71 | ▼ 106% | ₹29.74 | ▼ 104% | ₹43.53 |
Verdict
Adani Enterprises reported strong revenue growth both year-on-year and quarter-on-quarter, indicating continued expansion across core business segments. However, profitability sharply declined, with the company posting a net loss in Mar FY26 due to significant pressure below the EBITDA level. Despite stable operating performance, earnings volatility reflects the impact of higher costs and investments affecting bottom-line visibility.
Laurus Labs – Q4 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹1,812 Cr | ▲ 5% | ₹1,720 Cr | ▲ 2% | ₹1,778 Cr |
| EBITDA | ₹512 Cr | ▲ 22% | ₹421 Cr | ▲ 7% | ₹480 Cr |
| Net Profit | ₹282 Cr | ▲ 19% | ₹233 Cr | ▲ 12% | ₹252 Cr |
| EPS | ₹5.17 | ▲ 19% | ₹4.33 | ▲ 11% | ₹4.66 |
Verdict
Laurus Labs delivered steady revenue growth with strong margin-led profitability expansion in Q4 FY26. EBITDA growth significantly outpaced sales, indicating operational efficiency improvement and a better product mix. Consistent QoQ profit momentum suggests recovery traction in core segments, though valuations remain premium at PE 66.9, keeping upside dependent on sustained earnings acceleration.
PCBL Chemical – Q4 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹2,066 Cr | ▼ 1% | ₹2,087 Cr | ▲ 12% | ₹1,846 Cr |
| EBITDA | ₹243 Cr | ▼ 18% | ₹298 Cr | ▲ 13% | ₹215 Cr |
| Net Profit | ₹40.2 Cr | ▼ 57% | ₹100 Cr | ▲ 1,890% | ₹2.02 Cr |
| EPS | ₹1.02 | ▼ 62% | ₹2.65 | ▲ 1,940% | ₹0.05 |
Verdict
PCBL Chemical reported weak year-on-year performance with pressure on EBITDA, net profit, and EPS despite nearly stable revenue. However, strong quarter-on-quarter recovery in profitability indicates margin normalization after a weak previous quarter. Overall trend suggests improving near-term momentum but earnings remain below last year’s levels.
Edelweiss Financial – Q4 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹1,918 Cr | ▼ 16% | ₹2,280 Cr | ▼ 56% | ₹4,400 Cr |
| EBITDA | ₹498 Cr | ▼ 31% | ₹727 Cr | ▼ 58% | ₹1,198 Cr |
| Net Profit | ₹132 Cr | ▼ 17% | ₹158 Cr | ▼ 51% | ₹270 Cr |
| EPS | ₹0.93 | ▼ 16% | ₹1.11 | ▼ 67% | ₹2.79 |
Verdict
Edelweiss Financial reported a weak Q4 FY26 performance with declines across revenue, EBITDA, net profit, and EPS on both YoY and QoQ bases. The sharp sequential drop indicates pressure across core operating segments and profitability, suggesting near-term earnings softness despite relatively moderate valuation comfort at current levels.
Newgen Software – Q4 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹453 Cr | ▲ 5% | ₹430 Cr | ▲ 13% | ₹400 Cr |
| EBITDA | ₹152 Cr | ▲ 11% | ₹137 Cr | ▲ 43% | ₹106 Cr |
| Net Profit | ₹106 Cr | ▼ 2% | ₹108 Cr | ▲ 69% | ₹62.8 Cr |
| EPS | ₹7.47 | ▼ 2% | ₹7.65 | ▲ 69% | ₹4.41 |
Verdict
Newgen Software delivered modest revenue growth on a YoY basis, while EBITDA improved steadily, indicating margin strength. Net profit remained largely flat YoY but showed a sharp sequential recovery, supported by strong operational performance in the quarter. The significant QoQ jump across profitability metrics suggests improving execution momentum heading into FY27.
Ksolves India – Q4 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹42.1 Cr | ▲ 26% | ₹33.5 Cr | ▲ 1% | ₹41.5 Cr |
| EBITDA | ₹12.0 Cr | ▲ 32% | ₹9.10 Cr | ▼ 8% | ₹13.0 Cr |
| Net Profit | ₹9.02 Cr | ▲ 40% | ₹6.42 Cr | ▼ 1% | ₹9.08 Cr |
| EPS | ₹3.80 | ▲ 40% | ₹2.71 | ▼ 1% | ₹3.83 |
Verdict
Ksolves India delivered strong year-on-year growth across revenue, EBITDA, net profit, and EPS, reflecting healthy demand and operational efficiency. However, quarter-on-quarter profitability remained slightly soft due to margin moderation despite stable revenue momentum. Overall, earnings trend remains structurally positive with consistent profitability expansion 📈.
