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📊 Last 7 days — analysed filings by sentiment
Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
1,000+ announcements match the current filters (relevance ≥ 5).
Midwest Ltd Q4 PAT Surges 113% QoQ; Selected for Kerala Govt Rare Earth Project
Midwest Limited reported a strong sequential recovery in Q4FY26, with revenue growing 67.5% and PAT surging 113.2% compared to Q3. While full-year FY26 revenue remained stable at ₹645.62 crore, the company is aggressively diversifying from its core granite business into Quartz and Rare Earth Elements. A significant milestone is its selection as a Lead Consortium Partner by Kerala Minerals and Metals Ltd for a rare earth pilot plant. Additionally, the company is expanding its global footprint with a new subsidiary in Sierra Leone for heavy mineral sands.
Key Highlights
Q4FY26 Revenue grew 67.48% QoQ to ₹215.81 crore, while EBITDA rose 90.96% to ₹58.32 crore.
FY26 consolidated revenue stood at ₹645.62 crore with a healthy EBITDA margin of 27.01%.
Selected as Lead Consortium Partner by KMML (Kerala Govt) for a strategic rare earth elements technology initiative.
Secured a 30-year quarry lease for quartzite in Andhra Pradesh and expanding HMS reserves via a new Sierra Leone subsidiary.
Quartz Phase I with 303,600 MTPA capacity is now operational, targeting solar glass and engineered stone markets.
👀 What to Watch
Investors should monitor the execution of the Rare Earth and Quartz Phase II projects, as these represent high-margin growth drivers beyond the mature granite business. The strong sequential rebound in Q4 suggests operational momentum heading into the next fiscal year.
Seamec Limited Vessel 'SEAMEC DIAMOND' Resumes Operations After Technical Resolution
Seamec Limited has announced that its vessel, 'SEAMEC DIAMOND,' has returned to service effective May 27, 2026, at 13:54 hrs. The vessel was previously off-hire since May 21, 2026, due to technical issues that have now been successfully resolved. This resumption of operations ensures the vessel starts generating revenue again after a brief 6-day downtime. The timely resolution of technical glitches is crucial for maintaining the company's operational efficiency and fulfilling contract commitments.
Key Highlights
Vessel 'SEAMEC DIAMOND' back on hire effective May 27, 2026, at 13:54 hrs
The vessel was previously off-hire since May 21, 2026, due to technical issues
Operational downtime was limited to approximately 6 days
Disclosure made under Regulation 30 of SEBI (LODR) Regulations, 2015
👀 What to Watch
Investors should view this as a positive operational recovery that minimizes potential revenue loss from vessel downtime. Monitor the company's overall fleet utilization rates in upcoming quarterly reports to assess long-term operational stability.
Usha Martin Education & Solutions Approves FY26 Audited Financial Results
The Board of Directors of Usha Martin Education & Solutions Limited approved the audited standalone and consolidated financial results for the quarter and fiscal year ended March 31, 2026. The company confirmed that the statutory auditors have issued an unmodified opinion on these financial statements, suggesting no major accounting irregularities. The board meeting was conducted on May 27, 2026, between 12:30 P.M. and 3:30 P.M. While the cover letter confirms the approval, specific financial figures like revenue and PAT were not detailed in this specific outcome document.
Key Highlights
Board approved Audited Financial Results (Standalone and Consolidated) for the year ended March 31, 2026.
Statutory auditors provided a declaration of unmodified opinion on the financial results.
The board meeting concluded within a three-hour window on May 27, 2026.
Submission complies with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
👀 What to Watch
Investors should examine the detailed profit and loss statements and balance sheet once the full report is available to evaluate the company's fundamental growth. Monitor for any significant changes in margins or debt levels compared to the previous fiscal year.
Max Healthcare Reports 33% EBITDA CAGR and 6,000+ Bed Capacity at UBS Conference
Max Healthcare Institute Limited showcased its robust growth trajectory at the UBS Asian Investment Conference, highlighting a 5-year EBITDA CAGR of 33% and a revenue CAGR of 22%. The company currently operates over 6,000 beds across 21 facilities, with a significant 73% concentration in metro cities. For FY26, the company reported a healthy occupancy rate of 76% and a Return on Capital Employed (ROCE) of 23%, supported by a market capitalization of ₹1.0 Lakh Cr.
Key Highlights
Achieved a 5-year EBITDA CAGR of 33% and Revenue CAGR of 22% as of FY26.
Total bed capacity exceeds 6,000 across 21 facilities with 76% occupancy recorded in FY26.
Strong institutional ownership with FIIs and DIIs collectively holding approximately 71.7% of the company.
Aggressive expansion through acquisitions in Lucknow (Sahara Hospital), Nagpur (Alexis), and Bhubaneshwar (KHL).
Reported a high ROCE of 23% and a Market Cap CAGR of 36% between April 2021 and May 2026.
👀 What to Watch
Investors should focus on the company's ability to maintain high occupancy and ROCE as it integrates new acquisitions in Lucknow and Bhubaneshwar. The stock remains a strong long-term play in the premium healthcare segment given its aggressive brownfield expansion pipeline.
Midwest Limited Approves FY26 Audited Results and Appoints New Company Secretary
Midwest Limited has approved its audited standalone and consolidated financial results for the quarter and fiscal year ended March 31, 2026. The statutory auditors, MSKA & Associates LLP, have issued an unqualified (clean) audit report for both standalone and consolidated statements. Additionally, the company has appointed Mr. K. Achyutanand Reddy as the Company Secretary and Compliance Officer, effective May 26, 2026. The consolidated results include 11 subsidiaries and step-down subsidiaries operating across India and Sri Lanka.
Key Highlights
Approval of audited standalone and consolidated financial results for the full year ended March 31, 2026.
Statutory auditors MSKA & Associates LLP provided a clean audit opinion on the financial statements.
Appointment of Mr. K. Achyutanand Reddy as Company Secretary, bringing over 10 years of experience in corporate law.
Consolidated reporting includes 11 entities, including subsidiaries in Sri Lanka such as Reliance Diamond Tools.
The Board meeting concluded at 7:00 PM on May 26, 2026, following a 3:30 PM start.
👀 What to Watch
Investors should review the detailed profit and loss tables once published to assess year-on-year growth and margin performance. The clean audit report is a positive sign for corporate governance and financial transparency.
Voltas Announces ₹4 Dividend for FY26; Issues Tax Deduction (TDS) Guidelines
Voltas Limited has recommended a dividend of ₹4 per equity share (400% of face value) for the financial year ended March 31, 2026. The dividend is subject to shareholder approval at the Annual General Meeting scheduled for June 30, 2026. The company has issued specific guidelines for Tax Deducted at Source (TDS), noting a standard 10% rate for resident shareholders with a valid PAN. Shareholders must submit necessary tax-exemption documents by June 12, 2026, to ensure appropriate tax treatment.
Key Highlights
Recommended dividend of ₹4 per equity share (400%) for the financial year 2025-26.
Standard TDS rate of 10% for resident shareholders with valid PAN; 20% for those without PAN or unlinked Aadhaar.
No TDS for resident individual shareholders if the total annual dividend does not exceed ₹10,000.
Non-resident shareholders to be taxed at 20% plus surcharge/cess, or lower treaty rates if applicable documents are provided.
Deadline for submission of tax-related documents (Form 121, TRC, etc.) is June 12, 2026.
👀 What to Watch
Shareholders should ensure their PAN and Aadhaar are linked and bank details are updated in their demat accounts. Eligible investors should submit Form 121 or other tax-exemption documents by June 12 to avoid higher tax withholding.
Khaitan (India) FY26 Revenue Jumps 45% to ₹112.23 Cr; Net Profit Declines to ₹6.06 Cr
Khaitan (India) Limited reported a strong 44.6% year-on-year growth in revenue from operations, reaching ₹11,222.72 lakhs for FY26. Despite the top-line growth, net profit for the full year declined by 13.1% to ₹606.34 lakhs, down from ₹697.93 lakhs in FY25, primarily due to higher purchase costs of trading goods. A significant concern for investors is the auditor's qualified opinion regarding the company's failure to classify its long-suspended sugar mill as a 'Discontinued Operation'. Furthermore, several balance sheet items including trade receivables and payables remain subject to confirmation.
Key Highlights
Annual revenue from operations increased 44.6% YoY to ₹11,222.72 lakhs from ₹7,760.87 lakhs.
Net profit for FY26 decreased to ₹606.34 lakhs compared to ₹697.93 lakhs in the previous fiscal year.
Auditors issued a qualified opinion noting that suspended sugar mill operations were incorrectly treated as continuing operations.
Earnings Per Share (EPS) for the full year dropped to ₹12.77 from ₹14.69 in FY25.
Balances for trade receivables, payables, and loans are subject to confirmation as per the auditor's emphasis of matter.
👀 What to Watch
Investors should exercise caution due to the auditor's qualified opinion and the lack of confirmation for major balance sheet items. The decline in profitability despite higher revenues suggests margin pressure that needs monitoring.
ABM International Limited Announces Change in Management
ABM International Limited has officially notified the stock exchange regarding a change in its management structure. The filing, dated May 26, 2026, identifies Amit Kumar as a key individual involved in this transition. Management changes are significant events that can influence a company's strategic direction and operational efficiency. Investors should await further details regarding specific role assignments and the professional background of the incoming leadership.
Key Highlights
ABM International Limited reported a formal change in its management team to the exchange.
The disclosure is associated with Amit Kumar as per the digital signature on the document.
The announcement was officially recorded on May 26, 2026.
Further details on the specific nature of the change (appointment or resignation) are pending detailed disclosure.
👀 What to Watch
Investors should monitor the company's subsequent filings to understand the professional credentials of the new management. It is advisable to wait for clarity on how this leadership change will impact the company's future growth strategy before making new positions.
Maha Rashtra Apex Corp Overhauls Board: Cyrus Khambata Appointed as MD for 5 Years
Maha Rashtra Apex Corporation Limited has announced a comprehensive restructuring of its leadership team effective May 26, 2026. Mr. Cyrus Khambata, a veteran with 45 years of experience in capital markets, has been appointed as the new Managing Director for a five-year term, replacing Mr. Aspi Nariman Katagara. Simultaneously, Mr. Jamsheed Minoo Panday has transitioned from Company Secretary to Executive Director, and Mr. Arvind Ganesh Mallya has been appointed as the new Compliance Officer. The board also saw the resignation of two Independent Directors and the redesignation of Mr. Kudi Bhoja Shetty to an Independent Director role.
Key Highlights
Appointment of Mr. Cyrus Khambata as Managing Director for a 5-year term starting May 26, 2026.
Resignation of Mr. Aspi Nariman Katagara (MD) and two Independent Directors citing health and personal reasons.
Mr. Jamsheed Minoo Panday appointed as Executive Director; he brings 35 years of experience and 20 years with the Manipal Group.
Mr. Arvind Ganesh Mallya, with 9 years of experience in corporate governance, appointed as the new Company Secretary.
Mr. Kudi Bhoja Shetty redesignated as an Independent Director for a 5-year term subject to shareholder approval.
👀 What to Watch
Investors should monitor the company's strategic direction under the new leadership of Mr. Cyrus Khambata, given his extensive background in capital markets. While the transition appears orderly, the high volume of board changes in a single day warrants a close watch on upcoming quarterly performance and governance standards.
Maha Rashtra Apex Overhauls Board: Cyrus Khambata Appointed MD as Three Directors Resign
Maha Rashtra Apex Corporation Limited has announced a major leadership reshuffle effective May 26, 2026. The company accepted the resignations of Managing Director Aspi Nariman Katagara and two Independent Directors, Vidya More and Nagarajan Sivarama Krishnan. To fill these vacancies, Mr. Cyrus Khambata, who possesses over 45 years of experience in capital markets and banking, has been appointed as the new Managing Director for a five-year term. Furthermore, Jamsheed Minoo Panday has been elevated to Executive Director, and Arvind Ganesh Mallya has been named the new Company Secretary.
Key Highlights
Appointment of Mr. Cyrus Khambata as Managing Director for a 5-year term, leveraging his 45+ years of industry experience.
Simultaneous resignation of the outgoing MD and two Independent Directors citing personal and health reasons.
Elevation of Jamsheed Minoo Panday (35+ years experience) from Company Secretary to Executive Director.
Redesignation of Kudi Bhoja Shetty, a CA with 31 years of experience, to Independent Director.
Appointment of Arvind Ganesh Mallya as the new Company Secretary and Compliance Officer.
👀 What to Watch
Investors should monitor the impact of the new leadership on the company's strategic direction, especially given the new MD's deep background in financial services and capital markets. The significant board turnover warrants a cautious approach to see how the new team executes operational goals.
Maha Rashtra Apex Reports FY26 Consolidated Loss; Appoints Cyrus Khambara as MD
Maha Rashtra Apex Corporation Limited reported a weak financial performance for FY26, with consolidated net profit swinging to a loss of ₹686.72 lakhs from a profit of ₹1,965.96 lakhs in FY25. The company underwent a significant management overhaul, appointing Cyrus Khambara as the new Managing Director following the resignation of Aspi Nariman Katgara. Standalone total income also saw a sharp decline to ₹474.13 lakhs compared to ₹791.10 lakhs in the previous year. Crucially, the statutory auditors have issued a modified opinion on the financial results, indicating potential accounting or disclosure concerns.
Key Highlights
Consolidated net loss of ₹686.72 lakhs in FY26 vs a profit of ₹1,965.96 lakhs in FY25.
Standalone total income fell by 40% year-on-year to ₹474.13 lakhs.
Cyrus Khambara appointed as Managing Director for a 5-year term effective May 26, 2026.
Statutory auditors M/s. H G Sarvaiya & Co. issued a modified opinion on the financial statements.
Consolidated Earnings Per Share (EPS) dropped to -₹4.87 from ₹13.95 in the previous year.
👀 What to Watch
Investors should remain cautious given the transition to a net loss and the auditor's modified opinion. It is advisable to wait for clarity on the new management's turnaround plan and the specific reasons behind the auditor's qualifications.
Bosch Ltd FY26 Revenue Crosses ₹20,000 Cr; Operating Profit Surges 16.8% YoY
Bosch Limited reported a strong financial performance for FY 2025-26, with revenue from operations reaching ₹20,034.7 crore, a 10.8% increase over the previous year. The company's operating profit (EBIT) grew by 16.8% to ₹2,258.4 crore, reflecting improved operational efficiency and margin expansion. The Mobility segment remains the primary driver, contributing ₹17,070 crore to product sales with a 16.9% growth rate. Bosch is strategically expanding its portfolio through the acquisition of the Vehicle Motion business (RBIC) and JVs with Tata AutoComp and TSF Group to lead in electrification and braking systems.
Key Highlights
Revenue from operations grew 10.8% YoY to ₹200,347 million for FY 2025-26.
Operating Profit (EBIT) increased by 16.8% YoY to ₹22,584 million, with a PBT margin of 15.4%.
Mobility business sales grew by 16.9% to ₹170.7 billion, significantly outperforming the consumer goods segment.
Profit After Tax (PAT) for the full year stood at ₹27,703 million, representing a healthy 13.8% margin.
Invested ₹6,010 million in R&D and ₹4,101 million in Capital Expenditure to support future growth.
👀 What to Watch
Investors should consider Bosch a core long-term holding in the auto-ancillary space, given its strong transition strategy toward EVs and hydrogen ICE. The integration of the Vehicle Motion business (braking/ABS) provides a significant new revenue stream and strengthens its competitive moat.
SEAMEC Reports Record FY26 Performance with 47% Revenue Growth and ₹253 Cr PAT
SEAMEC Limited achieved its highest-ever annual revenue and profitability in FY26, with consolidated revenue reaching ₹1,000 crores, a 47% increase year-on-year. Net profit for the full year surged significantly to ₹253 crores from ₹88 crores in the previous year, driven by high vessel utilization and strong offshore demand. The company reported a robust Q4 FY26 with consolidated revenue up 58% to ₹330 crores and PAT rising to ₹103 crores. Management highlighted strong order visibility through 2028, though they cautioned about geopolitical risks in West Asia affecting the vessel 'Seamec Paladin'.
Key Highlights
Consolidated revenue for FY26 grew 47% YoY to ₹1,000 crores, while Q4 revenue rose 58% to ₹330 crores.
Annual consolidated PAT increased nearly 3x to ₹253 crores compared to ₹88 crores in FY25.
EBITDA margins remained strong with FY26 consolidated EBITDA at ₹447 crores and Q4 EBITDA at ₹162 crores.
Secured significant O&M contracts for MSV Samudra Prabha and Samudra Sevak covering the 2026-2028 period.
Reported healthy return ratios with ROCE at 18% and ROE at 19% on a consolidated basis.
👀 What to Watch
Investors should monitor the resolution of the 'Seamec Paladin' situation in West Asia while focusing on the company's strong order book and high vessel utilization rates. The stock remains a key play in the buoyant offshore energy services sector.
L&T GeoStructure Bags Significant Orders Worth ₹1,000-2,500 Cr for Steel and Marine Projects
Larsen & Toubro's subsidiary, L&T GeoStructure, has secured multiple contracts classified as 'Significant', with a total value ranging between ₹1,000 Cr and ₹2,500 Cr. The wins include the company's largest-ever piling order for JSW Utkal Steel's 10 MTPA plant in Odisha, involving 30 lakh running metres of piling. Additionally, the business secured orders for ship repair facilities in Patna and Varanasi, and India's first yacht marina at Mumbai Harbour. These projects demonstrate L&T's specialized engineering capabilities and strengthen its order book in the industrial and marine infrastructure sectors.
Key Highlights
Total order value classified as Significant, ranging from ₹1,000 Cr to ₹2,500 Cr
Largest-ever piling order secured from JSW Utkal Steel for a 10 MTPA plant involving 30 lakh running metres
EPC contracts for Ship Repair Facilities at Patna and Varanasi featuring 800-tonne boat hoists
Awarded contract for India's first yacht marina at Mumbai Harbour by the Mumbai Port Authority
Projects span across critical industrial structures including Blast Furnaces and Hot Strip Mills
👀 What to Watch
Investors should maintain a positive outlook as these specialized order wins enhance L&T's revenue visibility and market leadership in niche EPC segments. The diversification into marine infrastructure and large-scale industrial piling supports long-term growth margins.
Seamec Princess Completes 2nd Season of PRP-VIII and DUDP Projects
Seamec Limited has announced the successful completion of the second season of the Pipeline Replacement Project VIII (PRP-VIII Gr. B) and Daman Upside Development Project (DUDP) by its vessel 'SEAMEC PRINCESS'. The project was completed on May 26, 2026, at 06:48 hrs, following its deployment initiated in late 2025. This operational milestone confirms the vessel's availability for future charters or subsequent project phases. The timely completion of such offshore projects is crucial for the company's revenue cycle and operational track record.
Key Highlights
Vessel 'SEAMEC PRINCESS' finished the 2nd season of PRP-VIII and DUDP on May 26, 2026.
The project concluded at 06:48 hours, as per the official disclosure to the exchanges.
This follows the deployment status previously updated on September 15, 2025.
Successful completion enhances Seamec's reputation in offshore subsea construction and maintenance.
👀 What to Watch
Investors should view this as a positive operational update that ensures revenue realization for the period. Monitor for news regarding the vessel's next deployment to gauge future asset utilization rates.
Kellton Selected by UAE Enterprise Group to Build Unified Digital Operating Platform
Kellton Tech Solutions has been selected by a prominent UAE enterprise group to develop a cloud-native, unified digital operating platform. The project aims to replace fragmented legacy systems with an AI-ready architecture that integrates governance, financial management, and operations. This deal highlights Kellton's expanding footprint in the Middle East, a high-growth market for digital transformation. The platform will feature multilingual capabilities and integrate with UAE PASS to serve a broad ecosystem including government-linked entities.
Key Highlights
Secured a contract with a leading UAE group operating in real estate and property services.
Developing a cloud-native platform featuring AI-ready data foundations and predictive reporting.
Integration with UAE PASS to provide a single source of truth for governance and operations.
Strengthens market presence in the Middle East, leveraging a global workforce of 2,000+ professionals.
👀 What to Watch
Investors should view this as a positive development for Kellton's international growth and order book. Monitor future quarterly results for the financial impact and potential contract value disclosures.
Emami Q4 FY26: Revenue Dips 4% Due to Weak Summer; Non-Summer Portfolio Grows 11%
Emami reported a 4% YoY revenue decline to INR 925 crores in Q4 FY26, heavily impacted by a 22% drop in the summer portfolio due to unseasonal weather. However, the core non-summer domestic business grew 11%, and gross margins expanded significantly by 250 bps to 68.4%. International operations fell 5% due to Middle East supply chain disruptions, but management anticipates a rebound to double-digit growth by Q2 FY27. The company is focusing on high-growth channels like Quick Commerce, which surged 70% during the quarter.
Key Highlights
Gross margins expanded 250 bps to 68.4% despite a 4% decline in consolidated revenue to INR 925 crores.
Summer portfolio (Talcum, etc.) fell 22%, while Kesh King and Pain Management grew 14% and 11% respectively.
Quick Commerce channel grew 70% YoY, contributing to a stronger organized trade mix of 32%.
International business was hit by geopolitical issues in the Middle East but saw a 2% recovery in April 2026.
Strategic investments grew 34% with a management target of 30% CAGR and improved EBITDA margins.
👀 What to Watch
Investors should hold for a recovery in FY27 as management guides for double-digit growth in summer categories and international markets. The significant margin expansion and growth in new-age brands suggest strong underlying business health despite seasonal setbacks.
ASK Automotive FY26 PAT Rises 24% to ₹302 Cr; Recommends ₹1.85 Dividend
ASK Automotive reported a strong Q4 FY26 with consolidated revenue growth of 35.3% and PAT growth of 24.2% YoY. For the full year FY26, the company achieved an EBITDA of ₹551 Cr, representing a 24.1% growth, despite margin pressure from rising aluminium prices. The board recommended a dividend of ₹1.85 per share (92.5%) following a robust ROE of 25.3%. Management guided for mid-teens growth in FY27, supported by the exit from the low-margin wheel assembly business and expansion in alloy wheels.
Key Highlights
Consolidated revenue grew 35.3% in Q4 FY26; net revenue (ex-pass-through) grew 30% YoY
FY26 EBITDA stood at ₹551 Cr with a margin of 13.1%, impacted by 40 bps due to alloy price volatility
Independent aftermarket segment grew by 24.7% in FY26, benefiting from GST reduction from 28% to 18%
Bangalore plant reached 90% capacity utilization, while Karoli plant is at 65% with alloy wheel supplies starting H2 FY27
Strategic exit from the low-margin wheel assembly business completed; revenue from this segment will be nil from FY27
👀 What to Watch
Investors should monitor the ramp-up of the Karoli plant and the impact of the strategic exit from low-margin businesses on overall margins. The company's mid-teens growth guidance and strong return ratios remain key positives for long-term holders.
HCLTech Expands Pegasystems Partnership for AI-Driven Enterprise Modernization
HCLTech has deepened its collaboration with Pegasystems to accelerate enterprise system modernization by integrating HCLTech AI Force with Pega Blueprint. This partnership aims to transform legacy systems into cloud-native, AI-powered applications, targeting improved operational efficiency for global clients. The company reported consolidated revenues of $14.7 billion for the 12-month period ending March 2026. This move strengthens HCLTech's position in the high-growth AI and digital transformation market, leveraging its global workforce of over 227,000 employees.
Key Highlights
Integration of HCLTech AI Force and Pega Blueprint to automate legacy system discovery and transformation.
HCLTech reported consolidated revenues of $14.7 billion for the 12 months ending March 2026.
The partnership utilizes Agentic AI to reduce technical debt and lower the total cost of ownership for enterprises.
HCLTech operates across 60 countries, providing AI and digital engineering services to major global verticals.
👀 What to Watch
Investors should view this as a strategic positive that enhances HCLTech's AI service offerings. Monitor future quarterly results for growth in the Digital Business Services segment driven by these AI-led modernization contracts.
Bosch Ltd Q4 FY26 Revenue up 13.3% to ₹5,566 Cr; FY26 PAT Surges 37.6%
Bosch Limited reported a robust performance for Q4 FY26 with revenue from operations growing 13.3% YoY to INR 55,657 million, led by strong growth in Power Solutions and Two-Wheeler segments. EBITDA for the quarter rose 20.8% to INR 7,815 million, driven by revenue growth and expense optimization. For the full fiscal year FY26, PAT increased by 37.6% to INR 27,702 million, significantly boosted by the sale of the Building Technologies segment. The company also announced a strategic joint venture with Brakes India and Wheels India to develop advanced air systems for commercial vehicles.
Key Highlights
Q4 FY26 revenue grew 13.3% YoY to INR 55,657 million; FY26 revenue up 10.8% to INR 200,347 million.
Two-Wheeler business segment recorded a massive 63.4% growth in Q4 due to OBD2 norm implementation.
Full-year PAT surged 37.6% to INR 27,702 million, aided by profit from the sale of Video Solutions and Communication Systems.
Inventory levels normalized to a healthy 28 days compared to 52 days in the previous year.
New Joint Venture announced with Brakes India and Wheels India for software-driven air compression and braking modules.
👀 What to Watch
Investors should maintain a positive outlook given the strong operational margins and strategic expansion into advanced CV modules. The normalization of inventory and leadership in regulatory compliance (OBD2, CAFE Phase 3) position the company well for FY27.
