Q1 Earnings Snapshot 2026 – Winners, Surprises & Misses Revealed!

KEI Industries – Q1 FY27 Results Snapshot

UPL – Q1 FY27 Results Snapshot

JM Financial

CMP: ₹121 | M.Cap: ₹11,565 Cr | P/E: 11.0

Verdict

Revenue growth remained positive, with sales increasing 8% YoY and 27% QoQ. While EBITDA and net profit declined sharply on a year-on-year basis, the company delivered a strong sequential recovery, with EBITDA rising 43% QoQ and net profit surging 128% QoQ. The results indicate improving business momentum after a weak previous quarter, although sustained profitability growth will remain the key monitor going forward.

Escorts Kubota – Q1 FY27 Results Snapshot

CMP: ₹3,136 | M.Cap: ₹35,081 Cr | P/E: 24.7

* Jun 2025 included exceptional income of ₹1,104 Cr.

** YoY growth is calculated after excluding the exceptional item from the Jun 2025 base.

CAMS Services

CMP: ₹791 | M.Cap: ₹19,640 Cr | P/E: 43.3

Verdict

A healthy quarter with steady revenue growth and strong improvement in profitability. Margin expansion supported robust earnings growth despite a marginal sequential decline in revenue. Overall performance remains positive.

Bharat Gears – Q1 FY27 Results

CMP: ₹124 | Market Cap: ₹191 Cr | P/E: 12.7

Verdict

Revenue growth remained healthy, with sales increasing 20% YoY and 2.9% QoQ. However, EBITDA declined 17% YoY and 39.4% QoQ, while net profit plunged 91% YoY and 97% QoQ, indicating severe margin pressure and weak operational performance. Despite higher sales, profitability deteriorated significantly, making the quarter operationally weak.

Chemcon Speciality Chemicals Ltd.

CMP: ₹184 | M.Cap: ₹673 Cr | P/E: 23.9

Verdict

Chemcon Speciality Chemicals reported a strong turnaround in Q1 FY27 with healthy profitability despite sequentially lower revenue. Sales increased ▲24% YoY, while EBITDA nearly doubled with a sharp improvement in margins, reflecting better operating efficiency. Net profit and EPS also rose ▲72% YoY, indicating robust earnings growth. Although revenue declined sequentially due to business seasonality or execution timing, the significant expansion in margins and profits is a positive sign. Overall, the quarter reflects improving operational performance and stronger profitability, making the results encouraging for investors.

Texmaco Infrastructure & Holdings Ltd. – Q1 FY27 Results Snapshot

CMP: ₹114 | M.Cap: ₹1,448 Cr | P/E: 159.6

Verdict

Texmaco Infrastructure & Holdings Ltd. reported a weak Q1 FY27 performance with revenue declining 11% YoY and 17% QoQ. EBITDA remained negative, reflecting continued operational pressure, while net profit and EPS fell sharply compared to the previous year despite a sequential recovery. The company’s high valuation of 159.6x P/E leaves limited room for earnings disappointments, making sustained improvement in operating performance crucial going forward.

DOMS Industries – Q1 FY27 Results

CMP: ₹2,292 | M.Cap: ₹13,901 Cr | P/E: 63.9

Verdict

Inox India – Q1 FY27 Results Snapshot

Price: ₹1,920 | M.Cap: ₹17,419 Cr | P/E: 67.7

Verdict

Revenue recorded healthy year-on-year growth, reflecting steady demand for the company’s products. However, profitability remained under pressure as EBITDA was largely flat while net profit and EPS declined compared to the previous year. On a sequential basis, the quarter witnessed a broad-based slowdown across revenue, operating profit, and earnings, indicating softer execution and margin pressure despite continued business momentum.

Torrent Power – Q1 FY27 Results Snapshot

CMP: ₹1,392 | M.Cap: ₹70,133 Cr | P/E: 30.2

Verdict

Torrent Power delivered a steady operational performance in Q1 FY27, with revenue and EBITDA registering modest year-on-year growth. Net profit and EPS declined compared to the corresponding quarter last year, reflecting some pressure on overall profitability. However, the company reported a sharp sequential recovery, with both net profit and earnings per share doubling over the previous quarter, indicating improved operational momentum heading into the rest of FY27.

GE Shipping Co – Q1 FY27 Results

CMP: ₹1,398 | M.Cap: ₹19,966 Cr | P/E: 5.3

Verdict

GE Shipping Co delivered an exceptional Q1 FY27 performance with strong growth across all key financial parameters. Revenue increased 67% YoY, while EBITDA more than doubled, leading to a sharp improvement in operating margins. Net profit surged 159% YoY, supported by robust business performance and higher profitability. The company also reported healthy sequential growth across revenue, EBITDA, profit, and EPS, indicating sustained operational momentum. Despite the strong earnings performance, the stock continues to trade at an attractive valuation of just 5.3x P/E, making it one of the relatively inexpensive companies in its sector based on current earnings.

Texmaco Rail

CMP: ₹113 | M.Cap: ₹4,591 Cr | P/E: 21.2

Verdict

Texmaco Rail reported a weak operating quarter, with revenue declining 17% YoY and 35% QoQ, while EBITDA fell 20% YoY and 46% QoQ, reflecting pressure on core business performance. Despite the operational weakness, net profit surged 67% YoY and EPS increased 64% YoY, likely supported by non-operating income, lower tax outgo, or exceptional gains. Overall, the results indicate subdued core operations, although profitability remained resilient due to factors beyond the company’s primary business.

Butterfly Gandhimathi Appliances Ltd.

CMP: ₹736 | M.Cap: ₹1,313 Cr | P/E: 26.7

Verdict

Jindal Stainless – Q1 FY27 Results Snapshot

CMP: ₹732 | M.Cap: ₹60,356 Cr | P/E: 18.3

Verdict

Jindal Stainless delivered a steady Q1 FY27 performance with healthy 10% year-on-year revenue growth, reflecting sustained demand. While EBITDA, net profit, and EPS continued to grow compared to last year, all three declined sequentially, indicating some pressure on margins and profitability during the quarter. Overall, the company maintains a healthy earnings trajectory, though near-term margin trends remain an area to watch.

Kansai Nerolac Paints – Q1 FY27 Results

CMP: ₹204 | M.Cap: ₹16,503 Cr | P/E: 25.6

Verdict

A healthy quarter with double-digit revenue growth and a sharp sequential improvement in profitability. While YoY earnings growth remained modest, the strong QoQ recovery in EBITDA and net profit reflects improving operating performance and margin expansion. Overall, the results are positive and indicate strengthening business momentum.

Stove Kraft – Q1 FY27 Results Snapshot

CMP: ₹755 | Market Cap: ₹2,493 Cr | P/E: 51.3

Verdict

Stove Kraft reported a strong Q1 FY27 performance, delivering robust growth across revenue, EBITDA, net profit, and EPS. The sharp sequential recovery in profitability, coupled with healthy year-on-year operational improvement, reflects improving business momentum and stronger execution.

Ather Energy

CMP: ₹1,273 | Market Cap: ₹50,140 Cr

Verdict

Strong YoY growth in revenue with a sharp reduction in operating and net losses. QoQ performance also improved, indicating continued progress toward profitability, although the company remains loss-making.

NOCIL – Q1 FY27 Results Snapshot

CMP: ₹174 | M.Cap: ₹2,906 Cr | P/E: 41.8

Verdict

Strong quarter with healthy growth across revenue, profitability and margins. Sharp QoQ improvement in EBITDA and earnings indicates improving operating performance, while robust YoY growth reflects sustained business momentum.