Tata Motors PV — Q1 FY27 Earnings Highlights
Price: ₹350 | Market Cap: ₹1,29,017 Cr | P/E: 129.5x
| Metric | Jun 2026 | Mar 2026 | Jun 2025 | YoY | QoQ | CNBC-TV18 Poll | Miss / Beat |
|---|---|---|---|---|---|---|---|
| Sales / Revenue (₹ Cr) | 95,799 | 1,05,447 | 87,677 | ▲ 9% | ▼ 9.1% | 93,072 | Beat ₹2,727 Cr |
| EBITDA (₹ Cr) | 6,176 | 11,259 | 8,162 | ▼ 24% | ▼ 45.1% | 6,867 | Miss ₹691 Cr |
| EBITDA Margin | 6.5% | 10.7% | 9.3% | ▼ 2.8 ppt | ▼ 4.2 ppt | 7.4% | Miss 90 bps |
| Net Profit (₹ Cr) | 859 | 5,878 | 4,003 | ▼ 70% | ▼ 85.4% | — | — |
| EPS | ₹2.10 | ₹15.70 | ₹10.66 | ▼ 80% | ▼ 86.6% | — | — |
| Forex Impact | Loss ₹150 Cr | — | Gain ₹523 Cr | ▼ Negative | — | — | — |
| JLR — Q1 FY27 | |||||||
| Revenue (£ Mn) | 5,973 | — | — | — | — | 5,921 | Beat £52 Mn |
| EBITDA (£ Mn) | 484 | — | — | — | — | 489 | Miss £5 Mn |
| EBITDA Margin | 8.1% | — | — | — | — | 8.3% | Miss 20 bps |
Jubilant FoodWorks — Q1 FY27
| Metric | Jun 2026 | Mar 2026 | Jun 2025 | YoY | QoQ | CNBC-TV18 Poll | Miss / Beat |
|---|---|---|---|---|---|---|---|
| Sales (₹ Cr) | 2,570 | 2,499 | 2,261 | ▲ 14% | ▲ 2.8% | — | — |
| EBITDA (₹ Cr) | 504 | 485 | 438 | ▲ 15% | ▲ 3.9% | 361 | Beat 39.6% |
| Net Profit (₹ Cr) | 100 | 82.4 | 94.3 | ▲ 6% | ▲ 21.4% | 74 | Beat 35.1% |
| EPS | ₹1.47 | ₹1.21 | ₹1.39 | ▲ 6% | ▲ 21.5% | — | — |
| EBITDA Margin | 19.6% | 19.4% | 19.4% | — | ▲ 0.2 pp | 19.5% | In-line |
| Exceptional Items (₹ Cr) | ▼ -3.17 | — | ▼ -2.86 | — | — | — | — |
Minda Corporation — Q1 FY27
Price: ₹712 | Market Cap: ₹16,995 Cr | P/E: 42.2x
| Metric | Jun 2026 | Mar 2026 | Jun 2025 | YoY | QoQ |
|---|---|---|---|---|---|
| Sales (₹ Cr) | 1,846 | 1,704 | 1,386 | ▲ 33% | ▲ 8.3% |
| EBIDT (₹ Cr) | 212 | 203 | 156 | ▲ 35% | ▲ 4.4% |
| Net Profit (₹ Cr) | 206 | 124 | 65.3 | ▲ 65% | ▲ 66.1% |
| EPS | ₹8.62 | ₹5.21 | ₹2.73 | ▲ 216% | ▲ 65.5% |
| Exceptional Items (₹ Cr) | 124 | — | — | — | — |
Note: Exceptional items of ₹124 Cr have been ignored while calculating the YoY net profit growth.
Verdict
🟢 Verdict: Strong Q1 with healthy revenue and EBITDA growth; valuation at 42.2x P/E remains demanding.
LG Electronics India — Q1 FY27
CMP: ₹1,578 | Market Cap: ₹1,07,165 Cr | P/E: ~58x
| Metric | Jun 2026 | Mar 2026 | Jun 2025 | YoY | QoQ |
|---|---|---|---|---|---|
| Revenue (₹ Cr) | 7,233 | 8,154.62 | 6,289* | ▲ 15% | ▼ 10% |
| EBITDA (₹ Cr) | 904 | 942* | 717* | ▲ 26% | ▼ 4% |
| EBITDA Margin | 12.5% | 11.7% | 11.4% | ▲ 1.1 pp | ▲ 0.8 pp |
| Net Profit (₹ Cr) | 653 | 692.73 | 513 | ▲ 27% | ▼ 6% |
*Derived from the stated growth/margin figures where exact comparable figures were not provided.
Verdict
🟢 Strong quarter — YoY growth is healthy with margin expansion, though QoQ softness reflects seasonality. Valuation remains premium, so sustained earnings growth is important.
Olectra Greentech Ltd — Q1 FY27
Price: ₹1,393.50 | Market Cap: ₹11,438 Cr | P/E: 63.3x
| Metric | Jun 2026 | Mar 2026 | Jun 2025 | YoY | QoQ |
|---|---|---|---|---|---|
| Revenue (₹ Cr) | 575.51 | 644.72 | 347.22 | ▲ 65.75% | ▼ 10.74% |
| EBITDA (₹ Cr) | 68.23 | 99.65 | 47.83 | ▲ 42.64% | ▼ 31.52% |
| EBITDA Margin | 11.86% | 15.45% | 13.78% | ▼ 1.92 pp | ▼ 3.59 pp |
| PAT (₹ Cr) | 25.95 | 55.52 | 26.03 | ▼ 0.30% | ▼ 53.26% |
Verdict
🟡 Mixed — Strong YoY revenue growth, but sharp QoQ decline in EBITDA, margins and PAT. At ~63x P/E, valuation remains demanding.
DCM Shriram
Price: ₹1,010 | Market Cap: ₹15,764 Cr | P/E: 11.5x
| Metric | Jun 2026 | Mar 2026 | Jun 2025 | YoY | QoQ |
|---|---|---|---|---|---|
| Sales (₹ Cr) | 3,564 | 3,193 | 3,262 | ▲ 9% | ▲ 11.6% |
| EBIDT (₹ Cr) | 337 | 353 | 304 | ▲ 11% | ▼ 4.5% |
| Net Profit (₹ Cr) | 693 | 371 | 114 | ▲ 445% | ▲ 86.8% |
| EPS | ₹44.42 | ₹23.72 | ₹7.27 | ▲ 511% | ▲ 87.3% |
Verdict
🟢 Strong quarter — Profit and EPS surged sharply, while revenue grew 9% YoY. However, EBIDT declined 4.5% QoQ. At 11.5x P/E, valuation remains reasonable if the profit improvement sustains.
Indraprastha Gas Ltd (IGL)
Valuation Snapshot: Price ₹152 | Market Cap ₹21,260 Cr | P/E 15.6x
| Metric | Jun 2026 | Mar 2026 | Jun 2025 | YoY | QoQ |
|---|---|---|---|---|---|
| Sales (₹ Cr) | 4,587 | 4,163 | 3,914 | ▲ 17% | ▲ 10.2% |
| EBIDT (₹ Cr) | 294 | 421 | 511 | ▼ 42% | ▼ 30.2% |
| Net Profit (₹ Cr) | 238 | 339 | 428 | ▼ 44% | ▼ 29.8% |
| EPS | ₹1.72 | ₹2.43 | ₹3.06 | ▼ 44% | ▼ 29.2% |
Verdict
Revenue growth is strong, but sharp EBITDA and profit contraction indicates significant margin pressure. At 15.6x P/E, valuation is moderate, but near-term earnings momentum remains weak.
Ipca Laboratories — Q1 FY27
Price: ₹1,796 | Market Cap: ₹45,570 Cr | P/E: 33.2x
| Metric | Jun 2026 | Mar 2026 | Jun 2025 | YoY | QoQ |
|---|---|---|---|---|---|
| Sales (₹ Cr) | 2,788 | 2,388 | 2,309 | 🟢 ▲ 21% | 🟢 ▲ 16.8% |
| EBITDA (₹ Cr) | 670 | 484 | 416 | 🟢 ▲ 61% | 🟢 ▲ 38.4% |
| Net Profit (₹ Cr) | 424 | 307 | 233 | 🟢 ▲ 72% | 🟢 ▲ 38.1% |
| EPS | ₹15.84 | ₹11.79 | ₹9.19 | 🟢 ▲ 72% | 🟢 ▲ 34.3% |
Valuation Snap
P/E: 33.2x
Verdict
🟢 Strong quarter — robust revenue growth with significantly stronger EBITDA and profit growth. Valuation at 33.2x P/E remains premium, so sustained earnings growth is important to justify it.
Kirloskar Electric — Earnings Snapshot
Valuation: Price ₹143 | Market Cap ₹949 Cr | P/E 61.9x
| Metric | Jun 2026 | Mar 2026 | Jun 2025 | QoQ | YoY |
|---|---|---|---|---|---|
| Sales (₹ Cr) | 104 | 164 | 132 | ▼ 36.6% | ▼ 21.2% |
| EBIDT (₹ Cr) | -0.37 | 6.44 | 6.88 | ▼ 105.7% | ▼ 105.4% |
| Net Profit (₹ Cr) | -5.99 | -0.63 | 0.42 | ▼ 850.8% | ▼ 1,526.2% |
| EPS | ₹-0.90 | ₹-0.09 | ₹0.06 | ▼ 900% | ▼ 1,600% |
Verdict
Weak quarter — sales declined and the company slipped deeper into losses. At 61.9x P/E, valuation looks demanding despite poor current earnings.
Solar Industries India — Q1 FY27
Price: ₹20,324 | Market Cap: ₹1,80,690 Cr | P/E: 90.7x
| Metric | Jun 2026 | Mar 2026 | Jun 2025 | YoY | QoQ |
|---|---|---|---|---|---|
| Sales (₹ Cr) | 3,668 | 3,053 | 2,154 | ▲ 70% | ▲ 20.2% |
| EBIDT (₹ Cr) | 1,015 | 826 | 535 | ▲ 90% | ▲ 22.9% |
| Net Profit (₹ Cr) | 666 | 556 | 353 | ▲ 93% | ▲ 19.8% |
| EPS | ₹72.11 | ₹60.52 | ₹37.43 | ▲ 93% | ▲ 19.2% |
Verdict
Strong quarter with robust growth across sales, EBIDT and net profit. Revenue grew 70% YoY while EBIDT and net profit surged 90% and 93%, respectively. However, the 90.7x P/E reflects a premium valuation, leaving limited room for execution disappointments.
Prem. Explosives — Q1 FY27
Valuation Snapshot: Price ₹657 | Market Cap ₹3,532 Cr | P/E 102.7x
| Metric | Jun 2026 | Mar 2026 | Jun 2025 | YoY | QoQ |
|---|---|---|---|---|---|
| Sales (₹ Cr) | 103 | 89.2 | 142 | ▲ 28% | ▲ 15.5% |
| EBIDT (₹ Cr) | 5.88 | -0.38 | 20.9 | ▼ 72% | ▲ Improved |
| Net Profit (₹ Cr) | 3.08 | 6.58 | 15.4 | ▼ 83% | ▼ 53.2% |
| EPS | ₹0.57 | ₹1.22 | ₹2.86 | ▼ 80% | ▼ 53.3% |
Verdict
Weak quarter — sharp YoY decline in sales and profitability, while the 102.7x P/E leaves valuation demanding despite weak earnings.
Page Industries — Q1 FY27
Price: ₹36,520 | Market Cap: ₹40,941 Cr | P/E: 52.4x
| Metric | Jun 2026 | Mar 2026 | Jun 2025 | YoY | QoQ |
|---|---|---|---|---|---|
| Sales (₹ Cr) | 1,420 | 1,253 | 1,317 | ▲ 8% | ▲ 13.3% |
| EBITDA (₹ Cr) | 289 | 261 | 295 | ▼ 2% | ▲ 10.7% |
| Net Profit (₹ Cr) | 193 | 179 | 201 | ▼ 4% | ▲ 7.8% |
| EPS | ₹172.86 | ₹160.24 | ₹180.03 | ▼ 4% | ▲ 7.9% |
| Sales Volume (Cr Pieces) | 6.12 | — | 5.79 | ▲ 5.7% | — |
Business Update: Sales volume stood at 6.12 Cr pieces, growing 5.7% YoY. Management expects consumer demand to remain strong through the year and remains confident about growth in the coming months.
Verdict
Positive revenue momentum and strong QoQ recovery, but YoY profitability remains under pressure. At 52.4x P/E, valuation leaves limited room for disappointment.
KRBL — Q1 FY27 Earnings Snapshot
Price: ₹372 | Market Cap: ₹8,499 Cr | P/E: 11.2x
| Metric | Jun 2026 | Mar 2026 | Jun 2025 | YoY | QoQ |
|---|---|---|---|---|---|
| Sales (₹ Cr) | 1,496 | 1,526 | 1,584 | ▼ 6% | ▼ 2% |
| EBIDT (₹ Cr) | 308 | 229 | 193 | ▲ 60% | ▲ 35% |
| Net Profit (₹ Cr) | 261 | 155 | 151 | ▲ 73% | ▲ 68% |
| EPS | ₹11.39 | ₹6.79 | ₹6.58 | ▲ 73% | ▲ 68% |
Verdict
Strong quarter: profit and margins surged despite lower sales. At 11.2x P/E, valuation looks reasonable if earnings momentum sustains.
Dynacons Sys. — Q1 FY27 Results
Price: ₹1,259 | Market Cap: ₹1,603 Cr | P/E: 18.9x
| Metric | Jun 2026 | Mar 2026 | Jun 2025 | YoY | QoQ |
|---|---|---|---|---|---|
| Sales (₹ Cr) | 311 | 402 | 329 | ▲ 5% | ▼ 22.6% |
| EBIDT (₹ Cr) | 39.9 | 36.4 | 31.7 | ▲ 26% | ▲ 9.6% |
| Net Profit (₹ Cr) | 19.6 | 19.1 | 19.6 | 0% | ▲ 2.6% |
| EPS (₹) | 15.36 | 15.02 | 15.41 | ▼ 0% | ▲ 2.3% |
Verdict
Mixed quarter — revenue declined, but strong EBITDA growth supported stable profit and EPS.
Apex Frozen Foods — Jun 2026 Results
Price: ₹368 | Market Cap: ₹1,150 Cr | P/E: 23.2x
| Metric | Jun 2026 | Mar 2026 | Jun 2025 | YoY | QoQ |
|---|---|---|---|---|---|
| Sales (₹ Cr) | 257 | 168 | 258 | ▼ 1% | ▲ 53.0% |
| EBITDA (₹ Cr) | 30.2 | 12.8 | 15.5 | ▲ 94.8% | ▲ 135.9% |
| Net Profit (₹ Cr) | 21.7 | 7.79 | 9.10 | ▲ 138.5% | ▲ 178.6% |
| EPS | ₹6.93 | ₹2.49 | ₹2.91 | ▲ 138.1% | ▲ 178.3% |
Verdict
🟢 Strong quarter — profit growth and margins improved sharply despite flat YoY sales.
Salasar Techno Engineering Ltd — Valuation Snap
Price: ₹5.90 | Market Cap: ₹1,031 Cr | P/E: 75.3x
| Metric | Jun 2026 | Mar 2026 | Jun 2025 | YoY | QoQ |
|---|---|---|---|---|---|
| Sales (₹ Cr) | 296 | 445 | 300 | ▼ 2% | ▼ 33.5% |
| EBITDA (₹ Cr) | 21.9 | 14.0 | 29.9 | ▼ 27% | ▲ 56.4% |
| Net Profit (₹ Cr) | 5.14 | -13.7 | 8.79 | ▼ 41% | Turned profitable |
| EPS | ₹0.03 | ₹-0.07 | ₹0.05 | ▼ 40% | Turned positive |
Verdict
Mixed quarter — strong QoQ EBITDA recovery and return to profit, but revenue declined sharply QoQ and YoY profit remains weak. At 75.3x P/E, valuation looks demanding.
Denta Water — Q1 FY27 Results
Price: ₹317 | Market Cap: ₹844 Cr | P/E: 15.8x
| Metric | Jun 2026 | Mar 2026 | Jun 2025 | YoY | QoQ |
|---|---|---|---|---|---|
| Sales (₹ Cr) | 58.7 | 55.3 | 67.3 | ▼ 13% | ▲ 6.1% |
| EBITDA (₹ Cr) | 13.1 | 10.7 | 22.5 | ▼ 42% | ▲ 22.4% |
| Net Profit (₹ Cr) | 11.2 | 9.11 | 18.6 | ▼ 40% | ▲ 22.9% |
| EPS | ₹4.18 | ₹3.41 | ₹6.95 | ▼ 40% | ▲ 22.6% |
Verdict
QoQ recovery is positive, but the sharp YoY decline in sales and profitability remains a concern. At 15.8x P/E, valuation looks reasonable, but earnings recovery needs to sustain.
Gaudium IVF — Q1 FY27 Earnings
Price: ₹126 | Market Cap: ₹915 Cr | P/E: 39.5x
| Metric | Jun 2026 | Mar 2026 | Jun 2025 | QoQ | YoY |
|---|---|---|---|---|---|
| Sales (₹ Cr) | 19.4 | 30.4 | 17.8 | 🔴 ▼ 36.2% | 🟢 ▲ 9.0% |
| EBITDA (₹ Cr) | 2.43 | 12.2 | 5.15 | 🔴 ▼ 80.1% | 🔴 ▼ 52.8% |
| Net Profit (₹ Cr) | 1.78 | 8.36 | 3.07 | 🔴 ▼ 78.7% | 🔴 ▼ 42.0% |
| EPS | ₹0.24 | ₹1.15 | ₹0.50 | 🔴 ▼ 79.1% | 🔴 ▼ 52.0% |
Verdict
🟠 Weak quarter. Sales grew 9% YoY, but the sharp decline in EBITDA and net profit makes the current 39.5x P/E look demanding.
JSW Cement — Valuation Snapshot
Price: ₹131 | Market Cap: ₹17,871 Cr | P/E: 22.7x
| Metric | Jun 2026 | Mar 2026 | Jun 2025 | YoY | QoQ |
|---|---|---|---|---|---|
| Sales (₹ Cr) | 1,896 | 1,895 | 1,560 | ▲ 22% | ▲ 0.1% |
| EBIDT (₹ Cr) | 299 | 365 | 323 | ▼ 7% | ▼ 18.1% |
| Net Profit (₹ Cr) | 153 | 362 | -1,366 | ▲ 360%* | ▼ 57.7% |
| EPS | ₹1.18 | ₹2.72 | ₹-13.31 | ▲ 109%* | ▼ 56.6% |
Exceptional Items: Jun 2025: -₹1,466 Cr
*YoY comparison excludes the exceptional item.
Verdict
Revenue growth is strong, but EBITDA and profit declined sequentially. Operational performance remains mixed despite a sharp YoY profit recovery.
Shanti Gold
Price: ₹232 | Market Cap: ₹1,779 Cr | P/E: 9.6x| Metric | Jun 2026 | Mar 2026 | Jun 2025 | YoY Change | QoQ Change |
|---|---|---|---|---|---|
| Sales (₹ Cr) | 716 | 659 | 293 | ▲ 145% | ▲ 8.6% |
| EBIDT (₹ Cr) | 71.4 | 67.0 | 38.4 | ▲ 86% | ▲ 6.6% |
| Net Profit (₹ Cr) | 50.5 | 51.9 | 24.6 | ▲ 105% | ▼ 2.7% |
| EPS | ₹6.58 | ₹6.77 | ₹4.29 | ▲ 53% | ▼ 2.8% |
Verdict
Shanti Gold delivered a strong Q1 FY27 performance, with sales rising 145% YoY and EBIDT increasing 86% YoY. Net profit more than doubled YoY, while QoQ performance was relatively stable with a modest decline in profit and EPS. At a P/E of 9.6x, the valuation appears reasonable relative to the strong YoY growth, though sustaining this high growth rate will be important for the stock’s rerating.
Bharat Rasayan — Q1 FY27 Results
Price: ₹1,366 | Market Cap: ₹2,267 Cr | P/E: 16.3x
| Metric | Jun 2026 | Mar 2026 | Jun 2025 | YoY Change | QoQ Change |
|---|---|---|---|---|---|
| Sales (₹ Cr) | 338 | 308 | 377 | ▼ 10.3% | ▲ 9.7% |
| EBITDA (₹ Cr) | 50.8 | 50.1 | 73.2 | ▼ 30.6% | ▲ 1.4% |
| Net Profit (₹ Cr) | 36.6 | 39.1 | 43.7 | ▼ 16.3% | ▼ 6.4% |
| EPS | ₹22.04 | ₹23.54 | ₹26.30 | ▼ 16.2% | ▼ 6.4% |
Verdict
🟠 Mixed — QoQ sales and EBITDA improved, but YoY profit decline remains weak.
Brainbees Solutions Ltd. — Q1 FY27
Price: ₹214 | Market Cap: ₹11,181 Cr | P/E: N/A (loss-making)
| Metric | Jun 2026 | Mar 2026 | Jun 2025 | YoY | QoQ |
|---|---|---|---|---|---|
| Sales (₹ Cr) | 2,106 | 2,163 | 1,863 | ▲ 13% | ▼ 3% |
| EBITDA (₹ Cr) | 59.7 | 70.1 | 33.1 | ▲ 80% | ▼ 15% |
| Net Profit (₹ Cr) | -44.0 | -48.2 | -66.5 | ▲ 34% improvement | ▲ 9% improvement |
| EPS | ₹-0.60 | ₹-0.58 | ₹-0.89 | ▲ 33% improvement | ▼ 3% |
Verdict
🟡 Operational improvement is encouraging, with strong EBITDA growth and narrowing losses, but the company remains loss-making and valuation needs careful monitoring.
Brigade Enterprises — Q1 FY27
₹590 | Market Cap ₹19,235 Cr | P/E 28.2x
| Metric | Jun 2026 | Mar 2026 | Jun 2025 | YoY | QoQ |
|---|---|---|---|---|---|
| Sales (₹ Cr) | 1,116 | 1,458 | 1,281 | ▲ 13% | ▼ 23.5% |
| EBIDT (₹ Cr) | 361 | 365 | 323 | ▲ 12% | ▼ 1.1% |
| Net Profit (₹ Cr) | 217 | 191 | 158 | ▲ 17% | ▲ 13.6% |
| EPS | ₹6.14 | ₹4.46 | ₹4.60 | ▲ 33% | ▲ 37.7% |
| Exceptional Items (₹ Cr) | 42.9 | — | — | — | — |
Verdict
🟢 Positive: Profit and EPS growth remained strong despite lower sales; however, the sharp QoQ revenue decline needs monitoring. Valuation at 28.2x P/E leaves limited room for disappointment.
Centum Electronics — Q1 FY27
Price: ₹3,791 | Market Cap: ₹5,594 Cr | P/E: 64.0x
| Metric | Jun 2026 | Mar 2026 | Jun 2025 | YoY | QoQ |
|---|---|---|---|---|---|
| Sales (₹ Cr) | 204 | 340 | 179 | ▲ 14% | ▼ 40.0% |
| EBIDT (₹ Cr) | 23.6 | 48.7 | 28.2 | ▼ 16% | ▼ 51.5% |
| Net Profit (₹ Cr) | 106 | 1.64 | 4.51 | ▼ 37%* | ▲ 6,363% |
| EPS | ₹71.48 | ₹1.11 | ₹3.07 | ▲ 2,228% | ▲ 6,340% |
| Exceptional Items (₹ Cr) | 94.3 | — | -13.3 | — | — |
Verdict
Mixed: Revenue grew YoY, but operating performance weakened sharply QoQ. The reported profit surge is largely exceptional-item driven; valuation remains expensive at 64x P/E.
Jindal Photo — Q1 FY27 Results
Price: ₹1,074 | Market Cap: ₹1,096 Cr
| Metric | Jun 2026 | Mar 2026 | Jun 2025 | YoY Change | QoQ Change |
|---|---|---|---|---|---|
| Sales (₹ Cr) | 7.97 | 0.46 | 0.54 | ▲ 1376% | ▲ 1633% |
| EBIDT (₹ Cr) | 7.82 | -4.29 | 0.45 | ▲ 1638% | ▲ 282% |
| Net Profit (₹ Cr) | 13.10 | -5.66 | 52.40 | ▼ 75% | ▲ 331% |
| EPS (₹) | 12.70 | -5.50 | 50.85 | ▼ 75% | ▲ 331% |
Verdict
Mixed Results: Jindal Photo reported a sharp recovery in operating performance, with Sales rising 1376% YoY and EBIDT increasing 1638% YoY. However, Net Profit and EPS declined 75% YoY from a very high base in Q1 FY26. The quarter shows strong improvement in revenue and operating profitability, but the sharp YoY decline in bottom-line performance makes the overall result mixed.
KNR Constructions Ltd. — Q1 FY27 Results
Price: ₹135 | Market Cap: ₹3,778 Cr | P/E: 11.1x
| Metric | Jun 2026 | Mar 2026 | Jun 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Sales (₹ Cr) | 588 | 696 | 613 | ▼ 15.5% | ▼ 4% |
| EBITDA (₹ Cr) | 96.4 | 169 | 183 | ▼ 43.0% | ▼ 47% |
| Net Profit (₹ Cr) | 80.7 | 106 | 123 | ▼ 23.4% | ▼ 77% |
| EPS | ₹2.87 | ₹3.78 | ₹4.39 | ▼ 24.1% | ▼ 35% |
Verdict
Valuation looks reasonable, but the sharp decline in EBITDA and net profit makes the near-term outlook cautious.
Max Financial Services Ltd — Q1 FY27 Results
Price: ₹1,512 | Market Cap: ₹51,921 Cr | P/E: 478.5x
| Metric | Jun 2026 | Mar 2026 | Jun 2025 | YoY | QoQ |
|---|---|---|---|---|---|
| Sales (₹ Cr) | 14,970 | 10,802 | 12,822 | ▲ 17% | ▲ 38.6% |
| EBIDT (₹ Cr) | 167 | -5.99 | 119 | ▲ 41% | Improvement |
| Net Profit (₹ Cr) | 118 | -31.5 | 86.4 | ▲ 36% | Improvement |
| EPS | ₹2.77 | ₹-0.76 | ₹2.02 | ▲ 37% | Improvement |
Exceptional Items: Jun 2025: -₹0.53 Cr. Exceptional items ignored for YoY calculation.
🟡 Verdict: Strong operational improvement, but valuation remains extremely high at 478.5x P/E; earnings growth needs to sustain.






