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Ambuja cement: Ambuja’s Q4FY26 concall reflects a clear reset in expectations, with capacity, cost, and demand outlook all weaker than earlier guided. The company ended FY26 at 109 MTPA vs 118 MTPA target, with timelines pushed out and even the 140 MTPA milestone likely delayed to FY30, effectively diluting the earlier 155 MTPA FY28 ambition. On costs, there was a significant miss, with FY26 at ~₹4,400/t vs ₹4,000/t target and Q4 peaking at ₹4,500/t, driven by higher freight, fuel, and inefficiencies in acquired assets; the ₹3,650/t target remains but is delayed. EBITDA/ton came in weak at ~₹887/t, and management avoided giving forward guidance. Demand outlook has also been cut to ~5–5.5%, with FY27 growth largely dependent on utilisation ramp-up of acquired assets rather than industry demand. Near-term outlook remains cautious with soft demand trends, monsoon risks, and persistent cost pressures, indicating that recovery will be gradual and largely cost-led. Negative
Ambuja Cements (₹ 434.7 -2.38% )
5 May 2026, 10:31AM
Aarti Industries posted a handsome beat on key headline nos. Revenues were up 13.2% at Rs 2,206 cr . EBITDA was up 24% at Rs 343cr. EBITDA margin at 15.5% beat our and street estimates by 150bps. Net profit was up 42.7% at Rs 137cr. The beat was led by strong UTR across all business segments. Positive
Aarti Industries (₹ 483.75 -5.72% )
5 May 2026, 10:00AM
Manappuram Finance: The company reported a consolidated PAT of Rs 404 crore in Q4FY26 from the year-ago period's loss of Rs 191 crore. Profit also jumped 69% y-o-y from Rs 238.55 crore in Q3FY26, indicating strong quarterly momentum. Positive
Manappuram Finance (₹ 306.15 0.33% )
5 May 2026, 9:57AM
Sobha : The company reported strong Q4FY26 performance with net profit up 124% YoY to ₹92 crore. Revenue grew 60% YoY to ₹1,908 crore, while EBITDA rose 62% YoY with stable margins at 8%.Operationally, the company reported record FY26 pre-sales of ₹8,136 crore, up ~29% YoY, driven by strong demand across key markets. Bengaluru contributed 55% of sales, while NCR also saw strong traction from new launches. Demand remained robust in the ₹2–3 crore segment. Positive
Sobha (₹ 1467.2 1.86% )
5 May 2026, 9:56AM
KEI Industries: Q4 revenues broadly met our estimates for a growth of 19% but margins surprised our numbers. We expected almost flattish margins at 10.2% but it was higher by 77bps for 11%. Overall company for FY26 has beaten on both the guidance metrics of 20% revenue growth and 10.5-11% margins. Positive
KEI Industries (₹ 5043.4 -0.29% )
5 May 2026, 9:43AMTWEETS BY @Sharekhan
