⬆️ Better ⬇️ Lower vs comparison period
Large & Mid Cap Results
#01
Tata Power CompanyConsolidated
Mixed ↕
Net Revenue
₹14,900.2 Cr
⬇YoY:₹17,095.9 Cr
⬆QoQ:₹13,948.4 Cr
EBITDA
₹2,599.2 Cr
⬇YoY:₹5,245.6 Cr
⬇QoQ:₹3,054.9 Cr
EBITDA Margin
17.4%
⬇YoY:30.7%
⬇QoQ:21.9%
Net Profit
₹1,415.5 Cr
⬆YoY:₹1,306.1 Cr
⬆QoQ:₹1,194.3 Cr
📊Highlight:Net Profit up YoY & QoQ despite revenue & EBITDA pressure
#02
Dr. Reddy's LaboratoriesConsolidated
Weak ⬇
Net Revenue
₹7,546.4 Cr
⬇YoY:₹8,528.4 Cr
⬇QoQ:₹8,753.4 Cr
EBITDA
₹382.5 Cr
⬇YoY:₹1,997.9 Cr
⬇QoQ:₹1,887.5 Cr
EBITDA Margin
5.1%
⬇YoY:23.4%
⬇QoQ:21.6%
Net Profit
₹221.3 Cr
⬇YoY:₹1,586.7 Cr
⬇QoQ:₹1,189.6 Cr
⚠️Highlight:Sharp YoY & QoQ decline across all parameters — significant margin compression
#03
Dixon Technologies (India)Consolidated
Mixed ↕
Net Revenue
₹10,510.5 Cr
⬆YoY:₹10,292.5 Cr
⬇QoQ:₹10,671.6 Cr
EBITDA
₹408.4 Cr
⬇YoY:₹442.8 Cr
⬇QoQ:₹414.5 Cr
EBITDA Margin
3.9%
⬇YoY:4.3%
⬆QoQ:3.9%
Net Profit
₹298.0 Cr
⬇YoY:₹465.0 Cr
⬇QoQ:₹320.6 Cr
📊Highlight:Revenue growth YoY but profit declined — margin pressure continues
#04
Berger Paints IndiaConsolidated
Strong ⬆
Net Revenue
₹2,868.0 Cr
⬆YoY:₹2,704.0 Cr
⬇QoQ:₹2,984.0 Cr
EBITDA
₹481.7 Cr
⬆YoY:₹427.8 Cr
⬆QoQ:₹471.0 Cr
EBITDA Margin
16.8%
⬆YoY:15.8%
⬆QoQ:15.8%
Net Profit
₹335.3 Cr
⬆YoY:₹262.9 Cr
⬆QoQ:₹271.4 Cr
✅Highlight:All-round improvement YoY — Revenue, EBITDA, Margin & Profit all up
#05
K.P.R. MillConsolidated
Strong ⬆
Net Revenue
₹1,784.7 Cr
⬆YoY:₹1,769.0 Cr
⬆QoQ:₹1,467.4 Cr
EBITDA
₹348.3 Cr
⬆YoY:₹332.7 Cr
⬆QoQ:₹294.5 Cr
EBITDA Margin
19.5%
⬆YoY:18.8%
⬇QoQ:20.1%
Net Profit
₹227.2 Cr
⬆YoY:₹204.6 Cr
⬆QoQ:₹208.6 Cr
✅Highlight:Consistent YoY growth across revenue, EBITDA & profit
#06
Neuland LaboratoriesConsolidated
Stellar ⬆⬆
Net Revenue
₹776.3 Cr
⬆YoY:₹328.4 Cr
⬆QoQ:₹439.7 Cr
EBITDA
₹307.3 Cr
⬆YoY:₹51.1 Cr
⬆QoQ:₹77.1 Cr
EBITDA Margin
39.6%
⬆YoY:15.6%
⬆QoQ:17.5%
Net Profit
₹212.7 Cr
⬆YoY:₹27.8 Cr
⬆QoQ:₹40.6 Cr
🌟Highlight:Blockbuster quarter — Revenue 2.4x YoY, Net Profit 7.6x YoY, Margin jumps to 39.6%
#07
Vinati OrganicsConsolidated
Mixed ↕
Net Revenue
₹603.9 Cr
⬇YoY:₹648.5 Cr
⬆QoQ:₹530.8 Cr
EBITDA
₹170.3 Cr
⬇YoY:₹180.4 Cr
⬆QoQ:₹156.6 Cr
EBITDA Margin
28.2%
⬆YoY:27.8%
⬇QoQ:29.5%
Net Profit
₹123.9 Cr
⬆YoY:₹123.0 Cr
⬆QoQ:₹100.8 Cr
📊Highlight:Profit marginally up YoY with stable margins above 28%
#08
V-Guard IndustriesConsolidated
Strong ⬆
Net Revenue
₹1,755.3 Cr
⬆YoY:₹1,538.1 Cr
⬆QoQ:₹1,403.5 Cr
EBITDA
₹170.7 Cr
⬆YoY:₹143.1 Cr
⬆QoQ:₹123.2 Cr
EBITDA Margin
9.7%
⬆YoY:9.3%
⬆QoQ:8.8%
Net Profit
₹112.1 Cr
⬆YoY:₹91.1 Cr
⬆QoQ:₹57.1 Cr
✅Highlight:Strong all-round growth — Profit up 23% YoY and 96% QoQ
#09
MTAR TechnologiesConsolidated
Strong ⬆
Net Revenue
₹306.1 Cr
⬆YoY:₹183.1 Cr
⬆QoQ:₹278.0 Cr
EBITDA
₹61.8 Cr
⬆YoY:₹34.1 Cr
⬇QoQ:₹64.0 Cr
EBITDA Margin
20.2%
⬆YoY:18.7%
⬇QoQ:23.0%
Net Profit
₹44.3 Cr
⬆YoY:₹13.7 Cr
⬆QoQ:₹34.7 Cr
🌟Highlight:Revenue 67% higher YoY; Net Profit 3.2x YoY — strong turnaround
#10
Park Medi WorldConsolidated
Strong ⬆
Net Revenue
₹460.4 Cr
⬆YoY:₹353.9 Cr
⬆QoQ:₹410.0 Cr
EBITDA
₹127.4 Cr
⬆YoY:₹88.4 Cr
⬆QoQ:₹99.4 Cr
EBITDA Margin
27.7%
⬆YoY:25.0%
⬆QoQ:24.2%
Net Profit
₹76.8 Cr
⬆YoY:₹52.4 Cr
⬆QoQ:₹52.8 Cr
✅Highlight:Broad-based improvement across all metrics YoY & QoQ
#11
EthosConsolidated
Mixed ↕
Net Revenue
₹414.0 Cr
⬆YoY:₹311.3 Cr
⬇QoQ:₹468.5 Cr
EBITDA
₹51.3 Cr
⬆YoY:₹47.6 Cr
⬇QoQ:₹61.4 Cr
EBITDA Margin
12.4%
⬇YoY:15.3%
⬇QoQ:13.1%
Net Profit
₹22.8 Cr
⬆YoY:₹22.7 Cr
⬇QoQ:₹30.6 Cr
📊Highlight:Revenue up YoY but margin contraction; QoQ softness visible
#12
Borosil RenewablesConsolidated
Stellar ⬆⬆
Net Revenue
₹439.9 Cr
⬆YoY:₹373.5 Cr
⬆QoQ:₹390.5 Cr
EBITDA
₹136.4 Cr
⬆YoY:₹15.5 Cr
⬆QoQ:₹123.0 Cr
EBITDA Margin
31.0%
⬆YoY:4.1%
⬇QoQ:31.5%
Net Profit
₹169.1 Cr
⬆YoY:₹-29.5 Cr (Loss)
⬆QoQ:₹100.2 Cr
🌟Highlight:Dramatic turnaround — from loss ₹29.5 Cr to profit ₹169.1 Cr YoY; EBITDA 8.8x YoY
#13
Keystone RealtorsConsolidated
Mixed ↕
Net Revenue
₹1,596.0 Cr
⬆YoY:₹584.9 Cr
⬆QoQ:₹266.2 Cr
EBITDA
₹81.5 Cr
⬆YoY:₹50.5 Cr
⬆QoQ:₹11.5 Cr
EBITDA Margin
5.1%
⬇YoY:8.6%
⬆QoQ:4.3%
Net Profit
₹63.7 Cr
⬇YoY:₹67.0 Cr
⬆QoQ:₹5.1 Cr
📊Highlight:Revenue 2.7x YoY — strong recognition quarter; margins compressed
#14
NIIT Learning SystemsConsolidated
Positive ⬆
Net Revenue
₹525.2 Cr
⬆YoY:₹429.7 Cr
⬆QoQ:₹499.7 Cr
EBITDA
₹87.6 Cr
⬆YoY:₹80.2 Cr
⬇QoQ:₹96.5 Cr
EBITDA Margin
16.7%
⬇YoY:18.7%
⬇QoQ:19.3%
Net Profit
₹77.1 Cr
⬆YoY:₹48.7 Cr
⬆QoQ:₹74.3 Cr
✅Highlight:Profit up 58% YoY — strong growth despite margin dilution
Standalone & Smaller Cap Results
#15
Novartis IndiaStandalone
Weak ⬇
Net Revenue
₹90.6 Cr
⬆YoY:₹83.9 Cr
⬆QoQ:₹85.9 Cr
EBITDA
₹20.6 Cr
⬇YoY:₹23.9 Cr
⬇QoQ:₹22.4 Cr
EBITDA Margin
22.8%
⬇YoY:28.5%
⬇QoQ:26.0%
Net Profit
₹25.3 Cr
⬇YoY:₹29.3 Cr
⬆QoQ:₹16.1 Cr
#16
Bharat BijleeStandalone
Mixed ↕
Net Revenue
₹767.1 Cr
⬆YoY:₹619.1 Cr
⬆QoQ:₹568.4 Cr
EBITDA
₹55.2 Cr
⬇YoY:₹63.4 Cr
⬆QoQ:₹34.3 Cr
EBITDA Margin
7.2%
⬇YoY:10.2%
⬆QoQ:6.0%
Net Profit
₹39.3 Cr
⬇YoY:₹50.3 Cr
⬆QoQ:₹24.7 Cr
#17
Seshasayee Paper & BoardsConsolidated
Weak ⬇
Net Revenue
₹591.8 Cr
⬆YoY:₹502.4 Cr
⬆QoQ:₹386.9 Cr
EBITDA
₹23.6 Cr
⬇YoY:₹25.2 Cr
⬇QoQ:₹24.7 Cr
EBITDA Margin
4.0%
⬇YoY:5.0%
⬇QoQ:6.4%
Net Profit
₹26.1 Cr
⬇YoY:₹27.1 Cr
⬆QoQ:₹18.6 Cr
#18
M&B EngineeringConsolidated
Mixed ↕
Net Revenue
₹363.7 Cr
⬆YoY:₹313.6 Cr
⬆QoQ:₹351.5 Cr
EBITDA
₹37.9 Cr
⬇YoY:₹41.6 Cr
⬇QoQ:₹39.7 Cr
EBITDA Margin
10.4%
⬇YoY:13.3%
⬇QoQ:11.3%
Net Profit
₹27.0 Cr
⬇YoY:₹28.5 Cr
⬆QoQ:₹25.5 Cr
#19
GTL InfrastructureStandalone
Turnaround ⬆
Net Revenue
₹330.4 Cr
⬇YoY:₹337.0 Cr
⬇QoQ:₹350.6 Cr
EBITDA
₹49.8 Cr
⬆YoY:₹45.7 Cr
⬇QoQ:₹94.5 Cr
EBITDA Margin
15.1%
⬆YoY:13.6%
⬇QoQ:27.0%
Net Profit
₹1,185.6 Cr
⬆YoY:₹-248.9 Cr (Loss)
⬆QoQ:₹19.6 Cr
🌟Highlight:Massive turnaround — from loss ₹248.9 Cr to profit ₹1,185.6 Cr YoY (likely exceptional income)
#20
One Mobikwik SystemsConsolidated
Turnaround ⬆
Net Revenue
₹288.7 Cr
⬆YoY:₹267.8 Cr
⬇QoQ:₹288.9 Cr
EBITDA
₹10.1 Cr
⬆YoY:₹-56.5 Cr (Loss)
⬆QoQ:₹6.7 Cr
EBITDA Margin
3.5%
⬆YoY:-21.1%
⬆QoQ:2.3%
Net Profit
₹4.4 Cr
⬆YoY:₹-56.0 Cr (Loss)
⬆QoQ:₹4.0 Cr
✅Highlight:Fintech turnaround complete — profitable for the quarter after deep losses last year
#21
Dynamic CablesStandalone
Positive ⬆
Net Revenue
₹355.5 Cr
⬆YoY:₹331.2 Cr
⬆QoQ:₹298.8 Cr
EBITDA
₹37.6 Cr
⬆YoY:₹34.2 Cr
⬆QoQ:₹34.2 Cr
EBITDA Margin
10.6%
⬆YoY:10.3%
⬇QoQ:11.5%
Net Profit
₹24.2 Cr
⬆YoY:₹23.6 Cr
⬆QoQ:₹22.4 Cr
#22
Sakar HealthcareConsolidated
Strong ⬆
Net Revenue
₹71.1 Cr
⬆YoY:₹50.2 Cr
⬆QoQ:₹70.3 Cr
EBITDA
₹26.2 Cr
⬆YoY:₹15.7 Cr
⬆QoQ:₹18.6 Cr
EBITDA Margin
36.9%
⬆YoY:31.3%
⬆QoQ:26.4%
Net Profit
₹11.0 Cr
⬆YoY:₹5.8 Cr
⬆QoQ:₹10.2 Cr
✅Highlight:Margin at 36.9% — broad improvement across all metrics YoY & QoQ
#23
Alicon CastalloyConsolidated
Weak ⬇
Net Revenue
₹494.9 Cr
⬆YoY:₹424.5 Cr
⬆QoQ:₹430.1 Cr
EBITDA
₹45.7 Cr
⬇YoY:₹46.7 Cr
⬇QoQ:₹46.4 Cr
EBITDA Margin
9.2%
⬇YoY:11.0%
⬇QoQ:10.8%
Net Profit
₹7.9 Cr
⬇YoY:₹9.4 Cr
⬆QoQ:₹3.3 Cr
#24
Avadh Sugar & EnergyStandalone
Weak ⬇
Net Revenue
₹670.6 Cr
⬇YoY:₹678.8 Cr
⬆QoQ:₹638.1 Cr
EBITDA
₹119.6 Cr
⬇YoY:₹149.3 Cr
⬆QoQ:₹55.4 Cr
EBITDA Margin
17.8%
⬇YoY:22.0%
⬆QoQ:8.7%
Net Profit
₹55.6 Cr
⬇YoY:₹71.7 Cr
⬆QoQ:₹16.7 Cr
#25
A-1 Ltd.Consolidated
Strong ⬆
Net Revenue
₹145.3 Cr
⬆YoY:₹109.6 Cr
⬆QoQ:₹69.8 Cr
EBITDA
₹7.0 Cr
⬆YoY:₹2.5 Cr
⬆QoQ:₹2.0 Cr
EBITDA Margin
4.8%
⬆YoY:2.3%
⬆QoQ:2.8%
Net Profit
₹4.4 Cr
⬆YoY:₹0.8 Cr
⬆QoQ:₹1.0 Cr
✅Highlight:Net Profit 5.5x YoY — sharp acceleration in revenue and margins
#26
Enkei Wheels (India)Standalone
Mixed ↕
Net Revenue
₹299.1 Cr
⬆YoY:₹228.0 Cr
⬆QoQ:₹245.4 Cr
EBITDA
₹18.8 Cr
⬆YoY:₹11.2 Cr
⬇QoQ:₹24.6 Cr
EBITDA Margin
6.3%
⬆YoY:4.9%
⬇QoQ:10.0%
Net Profit
₹-0.6 Cr
⬆YoY:₹-5.3 Cr (Loss)
⬇QoQ:₹4.2 Cr
#27
Saurashtra CementConsolidated
Weak ⬇
Net Revenue
₹446.6 Cr
⬇YoY:₹478.1 Cr
⬆QoQ:₹410.2 Cr
EBITDA
₹26.5 Cr
⬇YoY:₹52.7 Cr
⬆QoQ:₹0.9 Cr
EBITDA Margin
5.9%
⬇YoY:11.0%
⬆QoQ:0.2%
Net Profit
₹18.8 Cr
⬇YoY:₹32.9 Cr
⬆QoQ:₹-10.3 Cr (Loss)
#28
ZF Steering Gear (India)Consolidated
Mixed ↕
Net Revenue
₹174.3 Cr
⬆YoY:₹137.0 Cr
⬆QoQ:₹143.2 Cr
EBITDA
₹20.9 Cr
⬆YoY:₹15.0 Cr
⬇QoQ:₹23.6 Cr
EBITDA Margin
12.0%
⬆YoY:10.9%
⬇QoQ:16.4%
Net Profit
₹-0.9 Cr
⬇YoY:₹2.4 Cr
⬇QoQ:₹7.3 Cr
#29
Taneja Aerospace & AviationConsolidated
Weak ⬇
Net Revenue
₹11.5 Cr
⬇YoY:₹12.4 Cr
⬆QoQ:₹10.4 Cr
EBITDA
₹6.3 Cr
⬇YoY:₹8.3 Cr
⬆QoQ:₹6.1 Cr
EBITDA Margin
54.9%
⬇YoY:66.7%
⬇QoQ:58.6%
Net Profit
₹5.1 Cr
⬇YoY:₹6.1 Cr
⬆QoQ:₹4.3 Cr
📊Highlight:Highest EBITDA margin in the list at 54.9% — niche aerospace business
⚠ SEBI Disclaimer & Mandatory Regulatory Disclosures
FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY. This report has been compiled solely for educational reference. It does not constitute investment advice, a recommendation, solicitation, or an offer to buy or sell any security.
NOT SEBI REGISTERED: The compiler of this report is not registered with SEBI as an Investment Adviser, Research Analyst, or Portfolio Manager under SEBI (Investment Advisers) Regulations, 2013 or SEBI (Research Analysts) Regulations, 2014.
SOURCE: All financial data presented herein is sourced from Ashika Research and respective company regulatory filings with BSE/NSE. Data accuracy is not guaranteed. All figures are in Indian Rupees (₹ Crore) unless otherwise stated.
MARKET RISK: Investments in securities markets are subject to market risks. Past performance is not indicative of future results. Please read all related scheme information documents before investing.
NO LIABILITY: The compiler shall not be liable for any loss or damage arising from reliance on this information. Investors are advised to consult their SEBI-registered financial adviser before making any investment decisions.
Q4 FY26 Corporate Results | Tuesday, May 12, 2026 | Source: Ashika Research | BSE / NSE | Educational Use Only
