UPL – Q4 FY26 Earnings Highlights
Price: ₹669 | M.Cap: ₹56,444 Cr | PE: 29.9
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹18,335 Cr | ▲ 18% | ₹15,573 Cr | ▲ 49% | ₹12,269 Cr |
| EBITDA | ₹3,481 Cr | ▲ 10% | ₹3,164 Cr | ▲ 56% | ₹2,236 Cr |
| Net Profit | ₹1,294 Cr | ▼ 0% | ₹1,079 Cr | ▲ 164% | ₹490 Cr |
| EPS | ₹12.57 | ▲ 18% | ₹10.61 | ▲ 167% | ₹4.70 |
Guidance
Q1 FY27 Revenue Growth guidance at 10–14% and EBITDA growth guidance at 14–18%.
Verdict
UPL reported a strong quarter with healthy double-digit growth in sales and EBITDA on both YoY and QoQ basis. Profitability improved sharply sequentially with strong recovery in net profit and EPS compared to the previous quarter. Management guidance for Q1 FY27 remains optimistic, indicating continued operational momentum and demand recovery across key markets.
Shyam Metalics and Energy – Q4 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹5,240 Cr | ▲ 27% | ₹4,139 Cr | ▲ 19% | ₹4,421 Cr |
| EBIDT | ₹727 Cr | ▲ 41% | ₹515 Cr | ▲ 49% | ₹487 Cr |
| Net Profit | ₹312 Cr | ▲ 46% | ₹220 Cr | ▲ 58% | ₹198 Cr |
| EPS | ₹11.43 | ▲ 46% | ₹7.84 | ▲ 62% | ₹7.07 |
Verdict
Shyam Metalics delivered a strong Q4 FY26 performance with healthy growth across all key financial metrics. Revenue growth remained robust on both YoY and QoQ basis, while EBITDA and net profit outpaced sales growth, indicating margin expansion and improved operational efficiency. The sharp jump in EPS and profitability reflects strong business momentum heading into FY27.
JSW Energy – Q4 FY26 Earnings Highlights
Price: ₹557 | M.Cap: ₹97,845 Cr | PE: 42.9
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹4,499 Cr | ▲ 41% | ₹3,189 Cr | ▲ 10% | ₹4,082 Cr |
| EBITDA | ₹2,250 Cr | ▲ 87% | ₹1,204 Cr | ▲ 11% | ₹2,030 Cr |
| Net Profit | ₹574 Cr | ▼ 9% | ₹415 Cr | ▲ 9% | ₹529 Cr |
| EPS | ₹2.11 | ▼ 9% | ₹2.33 | ▼ 12% | ₹2.40 |
Verdict
JSW Energy reported strong operational performance in Q4 FY26 with robust growth in revenue and EBITDA on both YoY and QoQ basis, indicating healthy improvement in core business operations and power demand. However, net profit and EPS declined on a yearly basis despite sequential improvement, suggesting pressure from higher costs, depreciation, finance expenses, or exceptional items. Overall, the quarter reflects strong operating momentum with moderate pressure on bottom-line profitability.
Butterfly Gandhimathi Appliances – Q4 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹218 Cr | ▲ 17% | ₹187 Cr | ▼ 11% | ₹245 Cr |
| EBIDT | ₹19.5 Cr | ▲ 20% | ₹16.3 Cr | ▼ 3% | ₹20.2 Cr |
| Net Profit | ₹11.4 Cr | ▲ 27% | ₹9.03 Cr | ▲ 6% | ₹10.8 Cr |
| EPS | ₹6.40 | ▲ 27% | ₹5.05 | ▲ 6% | ₹6.02 |
Verdict
Butterfly Gandhimathi Appliances reported healthy Q4 FY26 performance with strong year-on-year growth across sales, EBITDA, net profit, and EPS. While revenue and EBITDA saw sequential moderation on a quarter-on-quarter basis, profitability remained resilient with continued growth in net profit and EPS, indicating stable operational efficiency and improving margins.
Indian Hotels – Q4 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹2,765 Cr | ▲ 14% | ₹2,425 Cr | ▼ 3% | ₹2,842 Cr |
| EBIDT | ₹973 Cr | ▲ 14% | ₹857 Cr | ▼ 10% | ₹1,076 Cr |
| Net Profit | ₹645 Cr | ▲ 14% | ₹563 Cr | ▼ 32% | ₹954 Cr |
| EPS | ₹4.21 | ▲ 15% | ₹3.67 | ▼ 34% | ₹6.35 |
Verdict
Indian Hotels delivered steady double-digit year-on-year growth across revenue, EBITDA, net profit, and EPS in Q4 FY26, reflecting healthy hospitality demand and operational strength. However, on a sequential basis, the company saw moderation in profitability and earnings after a strong previous quarter, with net profit and EPS declining sharply QoQ. Despite the quarter-on-quarter softness, overall business momentum and margin profile remain resilient.
Satin Creditcare – Q4 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹920 Cr | ▲ 49% | ₹615 Cr | ▲ 24% | ₹740 Cr |
| EBIDT | ₹599 Cr | ▲ 108% | ₹288 Cr | ▲ 56% | ₹385 Cr |
| Net Profit | ₹162 Cr | ▲ 640% | ₹21.9 Cr | ▲ 125% | ₹71.9 Cr |
| EPS | ₹14.67 | ▲ 641% | ₹1.98 | ▲ 125% | ₹6.51 |
Verdict
Satin Creditcare Network delivered a very strong Q4 FY26 performance with robust growth across all key metrics. Sales growth remained healthy, while EBITDA more than doubled YoY driven by improving operating efficiency and better margins. Net profit and EPS surged sharply both YoY and QoQ, indicating a strong earnings recovery and improved asset quality environment. With a PE of 7.1, the stock continues to trade at relatively attractive valuations compared to the strong profitability momentum.
Corona Remedies – Q4 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹353 Cr | ▲ 20% | ₹294 Cr | ▲ 3% | ₹342 Cr |
| EBITDA | ₹62.0 Cr | ▲ 14% | ₹54.2 Cr | ▼ 25% | ₹83.2 Cr |
| Net Profit | ₹45.0 Cr | ▲ 44% | ₹31.3 Cr | ▲ 9% | ₹41.2 Cr |
| EPS | ₹7.37 | ▲ 44% | ₹5.12 | ▲ 9% | ₹6.74 |
Verdict
Corona Remedies reported a strong Q4 FY26 with healthy double-digit growth in sales and sharp improvement in profitability on a year-on-year basis. Net profit and EPS surged 44% YoY, reflecting better operational efficiency and margin expansion. However, EBITDA declined sequentially compared to the previous quarter, indicating some moderation in operating performance on a QoQ basis despite stable revenue growth.
Mold-Tek Packaging – Q4 FY26 Earnings Highlights
Price: ₹584 M.Cap: ₹1,942 Cr PE: 26.9
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹238 Cr | ▲ 17% | ₹203 Cr | ▲ 20% | ₹198 Cr |
| EBIDT | ₹47.9 Cr | ▲ 25% | ₹38.3 Cr | ▲ 25% | ₹38.4 Cr |
| Net Profit | ₹20.6 Cr | ▲ 27% | ₹16.3 Cr | ▲ 43% | ₹14.4 Cr |
| EPS | ₹6.21 | ▲ 27% | ₹4.90 | ▲ 44% | ₹4.32 |
Verdict
Mold-Tek Packaging delivered a strong Q4 FY26 performance with healthy double-digit growth across all key parameters. Revenue growth remained robust, while EBITDA and net profit outpaced sales growth, indicating margin expansion and improved operational efficiency. Sequentially, the company posted a sharp recovery with strong QoQ improvement in profitability and EPS, reflecting strong demand momentum and better cost management.
Privi Speciality Chemicals – Q4 FY26 Earnings Highlights
Current Price: ₹3,473 Market Cap: ₹13,589 Cr PE Ratio: 41.5
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹722 Cr | ▲ 18% | ₹614 Cr | ▲ 19% | ₹605 Cr |
| EBITDA | ₹180 Cr | ▲ 36% | ₹133 Cr | ▲ 19% | ₹151 Cr |
| Net Profit | ₹94.1 Cr | ▲ 41% | ₹64.0 Cr | ▲ 26% | ₹74.8 Cr |
| EPS | ₹23.96 | ▲ 41% | ₹17.01 | ▲ 20% | ₹19.95 |
Verdict
Privi Speciality Chemicals delivered a strong Q4 FY26 performance with healthy growth across all key parameters. Revenue growth remained robust, while EBITDA and net profit outpaced sales growth, indicating margin expansion and improved operational efficiency. Strong QoQ momentum in profitability also reflects sustained demand and better product mix, supporting positive business outlook going ahead.
PVR INOX – Q4 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Sales | ₹1,547 Cr | ▲ 26% | ₹1,230 Cr | ▼ 16% | ₹1,850 Cr |
| EBITDA | ₹452 Cr | ▲ 56% | ₹289 Cr | ▼ 28% | ₹625 Cr |
| Net Profit | ₹186 Cr | ▲ 117% | -₹125 Cr Loss | ▲ 95% | ₹95.4 Cr |
| EPS | ₹19.01 | ▲ 249% | -₹12.73 | ▲ 95% | ₹9.75 |
Verdict
PVR INOX reported a strong turnaround in Q4 FY26 with robust year-on-year growth across all key parameters. Revenue growth was supported by improved box office performance and higher occupancy, while profitability saw sharp expansion with net profit turning positive from a loss last year. However, on a quarter-on-quarter basis, sales and EBITDA moderated due to a softer content pipeline compared to the previous quarter, though earnings remained healthy with strong margin improvement.
Canara Bank – Q4 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Net Interest Income (NII) | ₹9,808 Cr | ▲ 4% | ₹9,442 Cr | ▼ 1% | ₹9,944 Cr |
| Net Profit | ₹4,575 Cr | ▼ 10% | ₹5,111 Cr | ▼ 12% | ₹5,174 Cr |
| EPS | ₹5.04 | ▼ 10% | ₹5.59 | ▼ 13% | ₹5.79 |
| Gross NPA | 1.84% | – | – | ▲ Improved | 2.08% |
| Net NPA | 0.43% | – | – | ▲ Improved | 0.45% |
Verdict
Canara Bank reported a mixed Q4 FY26 performance with steady growth in NII and continued improvement in asset quality. However, profitability declined both YoY and QoQ, leading to lower EPS. The reduction in Gross and Net NPA reflects strengthening balance sheet quality despite pressure on bottom-line earnings.
Syrma SGS Technology Ltd – Q4 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Revenue | ₹1,465.01 Cr | ▲ 58.49% | ₹924.36 Cr | ▲ 15.89% | – |
| EBITDA | ₹174.15 Cr | ▲ 50.74% | ₹115.53 Cr | ▲ 9.25% | – |
| EBITDA Margin | 11.89% | ▼ 61 bps | 12.50% | ▼ 72 bps | 12.61% |
| PAT | ₹119.23 Cr | ▲ 66.87% | ₹71.45 Cr | ▲ 8.08% | – |
Verdict
Syrma SGS Technology delivered a strong Q4 FY26 performance with robust double-digit growth in revenue, EBITDA, and PAT on both YoY and QoQ basis. Revenue growth remained healthy driven by strong business momentum, while profitability improved significantly despite a slight decline in EBITDA margins due to operational cost pressures. Overall, the company reported solid earnings growth and continued operational strength in the quarter.
Paradeep Phosphates Limited – Q4 FY26 Earnings Highlights
| Metric | Value | YoY Change | YoY Base | QoQ Change | QoQ Commentary |
|---|---|---|---|---|---|
| Revenue | ₹4,701.97 Cr | ▲ 12.11% | ₹4,193.96 Cr | ▼ 18.21% | Sequential decline in quarterly revenue |
| EBITDA | ₹442.44 Cr | ▲ 15.39% | ₹383.43 Cr | ▼ 6.36% | Moderate QoQ decline in operating profit |
| EBITDA Margin | 9.41% | ▲ 27 Bps | 9.14% | ▲ 119 Bps | Improved operational efficiency |
| Net Profit (PAT) | ₹155.60 Cr | ▼ 9.63% | ₹172.19 Cr | ▼ 14.53% | Profitability remained under pressure |
Verdict
Paradeep Phosphates reported healthy revenue and EBITDA growth on a year-on-year basis in Q4 FY26, supported by improved operating margins. However, profitability remained under pressure with PAT declining both YoY and QoQ, while sequential performance also moderated due to weaker quarterly momentum.
Anant Raj Limited – Q4 FY26 Earnings Highlights
| Metric | Q4 FY26 | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Revenue | ₹646.81 Cr | ▲ 19.64% | ₹540.65 Cr | ▲ 0.81% | ₹641.61 Cr |
| EBITDA | ₹167.42 Cr | ▲ 17.59% | ₹142.37 Cr | ▼ 1.38% | ₹169.76 Cr |
| EBITDA Margin | 25.88% | ▼ 45 bps | 26.33% | ▼ 58 bps | 26.46% |
| PAT | ₹148.71 Cr | ▲ 25.19% | ₹118.79 Cr | ▲ 3.11% | ₹144.23 Cr |
Verdict
Anant Raj delivered a healthy Q4 FY26 performance with strong year-on-year growth across revenue, EBITDA, and PAT. Profitability remained robust despite a slight sequential decline in EBITDA and margin pressure on a QoQ basis. The company’s steady revenue growth and improved bottom line indicate continued operational strength and stable demand momentum.
JB Chemicals & Pharmaceuticals – Q4 FY26 Earnings Highlights
| Metric | Q4 FY26 | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Revenue | ₹904.23 Cr | ▼ 4.77% | ₹949.48 Cr | ▼ 15.07% | – |
| EBITDA | ₹201.13 Cr | ▼ 11.18% | ₹226.44 Cr | ▼ 32.01% | – |
| EBITDA Margin | 22.24% | ▼ 161 Bps | 23.85% | ▼ 554 Bps | 27.78% |
| PAT | ₹101.37 Cr | ▼ 30.42% | ₹145.69 Cr | ▼ 48.77% | – |
Verdict
JB Chemicals & Pharmaceuticals reported a weak Q4 FY26 performance with decline across revenue, EBITDA, and PAT on both YoY and QoQ basis. Margins also contracted significantly compared to previous quarter and last year, indicating pressure on operational profitability and overall earnings performance during the quarter.
Shriram Pistons & Rings Limited – Q4 FY26 Earnings Highlights
| Metric | Q4 FY26 | YoY Change | YoY Base | QoQ Change | QoQ Base |
|---|---|---|---|---|---|
| Revenue | ₹1,455.80 Cr | ▲ 47.29% | ₹988.40 Cr | ▲ 42.28% | – |
| EBITDA | ₹267.90 Cr | ▲ 27.33% | ₹210.40 Cr | ▲ 30.17% | – |
| EBITDA Margin | 18.40% | ▼ 289 bps | 21.29% | ▼ 171 bps | 20.11% |
| Net Profit (PAT) | ₹159.10 Cr | ▲ 5.02% | ₹151.50 Cr | ▲ 26.57% | – |
Verdict
Shriram Pistons & Rings delivered a strong revenue-led performance in Q4 FY26 with robust YoY and QoQ growth in sales and EBITDA. However, EBITDA margins declined both sequentially and annually, indicating margin pressure despite higher scale. Net profit growth remained moderate on a yearly basis but improved sharply on a quarterly basis, reflecting better operational momentum during the quarter.
