Executive Summary: The Headline Strong growth beat: Revenue +17.7% YoY to ₹15,712 Cr (beat expectations). Net Profit +28.5% YoY to ₹1,465 Cr (+8.2% QoQ). EBIT margin improved to 14.4%. Robust deal momentum: New deal TCV $1.08 Bn (+33% YoY). Strong performance in both IT and BPS segments, with largest wins in manufacturing and healthcare/life sciences.… Read More »
Executive Summary: The Headline Strong growth with healthy profitability: Total Revenue +20% YoY to ₹870 Cr. PAT +14.8% YoY to ₹330 Cr (+13% QoQ). Overall AUM crossed ₹7.77 Lakh Cr with robust net inflows. Recurring engine firing: ARR AUM +19% YoY to ₹3.42 Lakh Cr (net inflows ₹10,815 Cr). ARR Revenue +20.3% YoY. ARR retention… Read More »
Executive Summary: The Headline Strong beat with robust growth: Consolidated Revenue jumped 39% YoY to ₹8,210 Cr (best Q1 ever). PAT grew 33% YoY to ₹797 Cr. EBITDA rose 32.5% YoY. Domestic momentum dominant: Wires & Cables (W&C) +39% YoY; FMEG +71% YoY. International business declined 13% YoY but order book remains healthy. Overarching narrative:… Read More »
Executive Summary: The Headline Strong beat on profitability and asset quality: Net Profit surged 29.5% YoY to ₹5,332 Cr. NII grew 10% YoY. GNPA improved to 2.65% and NNPA to 0.47% with lower credit costs. Decent growth with margin expansion: Advances grew 12.5% YoY; NIM expanded to 2.80%. ROE healthy at 17.23%. Deposit growth softer… Read More »
Executive Summary: The Headline Steady but mixed performance: PAT rose 12% YoY to ₹611 crore. VNB grew 9% to ₹879 crore with margin expanding 100 bps QoQ to 25%. APE growth moderated to 9% (individual +7%). Quality over quantity visible: Strong momentum in retail protection (+42% YoY, share rising to 8%) and non-HDFC Bank channels… Read More »
Executive Summary: The Headline Angel One delivered a clean YoY beat with revenue from operations rising 25.3% YoY to ₹1,430 crore and PAT more than doubling (+102% YoY) to ₹231 crore. EBITDA margin expanded sharply by 10 percentage points to 34%, highlighting strong operating leverage. QoQ softness was evident (PAT -27.8% QoQ), largely due to… Read More »
Executive Summary: HDFC Asset Management Company (HDFCAMC) delivered a clean beat in Q1 FY27. Net profit rose 12% YoY to ₹837 crore, beating street expectations. Revenue grew 14% YoY to ₹1,100 crore, supported by strong AUM growth. Average AUM grew 13% YoY, with equity-oriented AUM rising 16% YoY. Overarching Narrative: HDFCAMC posted steady growth in… Read More »
Executive Summary: The Headline Tata Elxsi delivered a mixed bag in Q1 FY27. Revenue grew in single digits, missing street expectations slightly on the top line. Profitability remained resilient with stable margins despite cost pressures. The company maintained a healthy deal pipeline, but management sounded cautiously optimistic rather than aggressive on growth. Overarching Narrative: Tata… Read More »
Quarter Ended June 30, 2026 | Announced: July 13, 2026 Executive Summary: The Headline Clean beat on operational metrics but mixed overall: Revenue grew 1.8% QoQ to ₹34,579 Cr and PAT rose 3% QoQ to ₹4,624 Cr, beating consensus estimates. EBIT margin came in at 16.86%, slightly ahead of expectations. Resilient execution in a soft… Read More »
Quarter Ended June 30, 2026 | Announced: July 11, 2026 Executive Summary: Clean beat with strong margin expansion: Revenue grew 17.96% YoY to ₹11,608 Cr and PAT rose 16.92–17.05% YoY to ₹1,466–1,469 Cr, comfortably beating consensus estimates. EBITDA margin expanded 99 bps YoY to 17.75% and EBIT margin improved 121 bps YoY to 15.5%. Robust… Read More »