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Nifty MidSmall Financial Services Results: Latest Quarterly Results & Analysis

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Housing and Urban Development Corporation Ltd. 14 May 2026 16:42 PM

Q4FY26 & FY26 Result Announced for Housing and Urban Development Corporation Ltd.

Financial Institutions company Housing and Urban Development Corporation announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

  • Total Income from Operations (Net): Consolidated total income for Q4FY26 was Rs 3,562.86 crore, reflecting an increase of 3.84% QoQ from Rs 3,431.20 crore in Q3FY26 and an increase of 25.23% YoY from Rs 2,844.99 crore in Q4FY25. For the full year FY26, the consolidated income reached Rs 13,150.40 crore compared to Rs 10,311.29 crore in FY25.
  • Net Profit for the Period: Consolidated net profit for Q4FY26 was Rs 1,981.31 crore, up 177.88% QoQ from Rs 713.00 crore in Q3FY26 and up 172.26% YoY from Rs 727.74 crore in Q4FY25. For the full year FY26, consolidated net profit stood at Rs 4,034.37 crore, marking a 48.92% growth over Rs 2,709.14 crore reported in FY25.
  • Earnings Per Share (EPS): Consolidated basic and diluted EPS for the full year FY26 was Rs 20.15, compared to Rs 13.53 in FY25. For the Q4FY26 period, the EPS was Rs 9.90.

Standalone Financial Highlights:

  • Total Income from Operations (Net): For Q4FY26, the company reported a net total income of Rs 3,562.86 crore, representing a growth of 3.84% QoQ from Rs 3,431.20 crore in Q3FY26 and a growth of 25.23% YoY from Rs 2,844.99 crore in Q4FY25. For the full year FY26, total income stood at Rs 13,150.40 crore, up 27.53% from Rs 10,311.29 crore in FY25.
  • Net Profit for the Period: The company achieved a standalone net profit of Rs 1,981.31 crore in Q4FY26, representing a significant increase of 177.88% QoQ from Rs 713.00 crore in Q3FY26 and an increase of 172.26% YoY from Rs 727.74 crore in Q4FY25. For the full year FY26, net profit was Rs 4,034.37 crore compared to Rs 2,709.14 crore in FY25, a growth of 48.92%.
  • Profit before Tax: Standalone profit before tax for Q4FY26 was Rs 621.01 crore, a decrease of 21.24% QoQ from Rs 788.49 crore in Q3FY26 and a decrease of 39.13% YoY from Rs 1,020.26 crore in Q4FY25. For the full year FY26, profit before tax was Rs 3,221.44 crore against Rs 3,636.66 crore in FY25.
  • Earnings Per Share (EPS): Basic and diluted EPS for Q4FY26 stood at Rs 9.90, compared to Rs 3.56 in Q3FY26 and Rs 3.64 in Q4FY25. For the full year FY26, EPS reached Rs 20.15 compared to Rs 13.53 in FY25.

Business Highlights:

  • Dividend: The Board of Directors has recommended a final dividend of Rs 1.50 per equity share (15%) for the financial year FY26. This is in addition to four interim dividends already paid (Rs 1.15, Rs 1.00, Rs 1.15, and Rs 1.25), bringing the total dividend for the year to Rs 6.05 per share.
  • Net Worth: Consolidated net worth as on March 31, 2026, stood at Rs 21,975.46 crore, compared to Rs 17,968.05 crore at the end of FY25.
  • Deferred Tax Reversal: During the year, the company reversed Rs 1,532.86 crore from Deferred Tax Liability into the Statement of Profit and Loss after resolving to maintain the Special Reserve created under section 36(1)(viii) of the Income Tax Act, 1961.
  • Asset Quality: During FY26, the company resolved eleven NPA agencies under its Project Loan portfolio. Fresh slippage for the year was Rs 1.75 crore, and the company undertook a technical write-off of nine chronic NPA agencies totaling Rs 13.26 crore.
  • Resource Raising: HUDCO raised Rs 1,422 crore through the private placement of Perpetual Tier I Debt Securities during Q4FY26. Furthermore, the company raised Rs 121.12 crore through its maiden issue of 54EC Capital Gain Bonds during the financial year.
  • Debt-to-Equity Ratio: The standalone debt-equity ratio stood at 6.43 times as on March 31, 2026, compared to 5.72 times as on March 31, 2025.
  • Segment Performance: The company operates in a single primary reportable segment, which is the business of financing housing and urban infrastructure projects; hence, there are no separate reportable segments.

Result PDF

LIC Housing Finance announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

  • Total Revenue from operations for Q4FY26 stood at Rs 7,211.92 crore, showing a marginal decrease of 1.25% compared to Rs 7,303.33 crore in Q4FY25 and a slight increase of 0.08% from Rs 7,205.84 crore in Q3FY26.
  • Total Income for the quarter was Rs 7,212.01 crore, down 1.25% YoY from Rs 7,303.51 crore and flat QoQ compared to Rs 7,211.36 crore in Q3FY26.
  • Profit Before Tax (PBT) for Q4FY26 was Rs 1,933.47 crore, registering a growth of 8.62% YoY from Rs 1,780.06 crore and an increase of 9.71% QoQ from Rs 1,762.42 crore.
  • Net Profit after Tax for the quarter ended March 31, 2026, reached Rs 1,492.63 crore, an increase of 8.66% YoY as against Rs 1,373.63 crore and a growth of 6.75% QoQ compared to Rs 1,398.27 crore.
  • For FY26, Total Revenue from operations was Rs 28,837.11 crore, up 2.63% YoY from Rs 28,097.16 crore in FY25.
  • Annual Net Profit after Tax for FY26 stood at Rs 5,604.24 crore, growing by 2.97% compared to Rs 5,442.70 crore in FY25.
  • The Net Profit Margin for the quarter improved slightly to 19.45% compared to 19.36% in Q4FY25.
  • Basic and Diluted Earnings Per Share (EPS) for Q4FY26 was Rs 27.13 compared to Rs 24.97 in Q4FY25.

Standalone Financial Highlights:

  • Total Revenue from operations for Q4FY26 was Rs 7,194.34 crore, reflecting a YoY decrease of 1.19% from Rs 7,281.17 crore and a QoQ increase of 0.15% from Rs 7,183.89 crore.
  • Total Income for the quarter stood at Rs 7,194.52 crore, compared to Rs 7,281.36 crore in Q4FY25 and Rs 7,184.06 crore in Q3FY26.
  • Profit Before Tax (PBT) for Q4FY26 was Rs 1,934.24 crore, showing a growth of 9.30% YoY over Rs 1,769.58 crore and an increase of 11.00% QoQ from Rs 1,742.51 crore.
  • Net Profit after Tax for the quarter ended March 31, 2026, reached Rs 1,497.41 crore, up 9.46% YoY from Rs 1,367.96 crore and up 8.20% QoQ from Rs 1,383.95 crore.
  • For FY26, Standalone Revenue from operations was Rs 28,764.63 crore, up from Rs 28,037.23 crore in FY25.
  • Annual Standalone Net Profit for FY26 was Rs 5,595.15 crore, registering a growth of 3.06% compared to Rs 5,429.02 crore in FY25.
  • The Standalone Net Worth of the company as of March 31, 2026, increased to Rs 39,365.59 crore from Rs 34,538.42 crore as of March 31, 2025.

Business Highlights:

  • Segment-wise Performance:
    • Loans Segment: Revenue for Q4FY26 was Rs 7,194.52 crore compared to Rs 7,281.36 crore in Q4FY25. The segment result (PBT) for the quarter was Rs 1,934.24 crore, up from Rs 1,769.58 crore YoY.
    • Other Segments: Revenue for Q4FY26 stood at Rs 42.59 crore compared to Rs 42.49 crore in Q4FY25. The segment result for the quarter was Rs 4.61 crore compared to Rs 17.43 crore YoY.
  • Asset Quality: Gross Non-Performing Assets (GNPA) as of March 31, 2026, stood at 2.15%, an improvement from 2.47% as of March 31, 2025. Net Non-Performing Assets (NNPA) improved to 1.08% from 1.22% YoY.
  • Provisioning: The Provision Coverage Ratio (PCR) for stage III loans was 50.16% as of March 31, 2026.
  • Dividend: The Board of Directors recommended a Final Dividend of Rs 10 per equity share (500% of the face value of Rs 2 per equity share) for the financial year 2025-26.
  • Debt and Liquidity: The Debt-Equity ratio as of March 31, 2026, was 7.16 compared to 7.96 YoY. The Liquidity Coverage Ratio reached 180.74% as of March 31, 2026.
  • Security Cover: The security cover for Secured listed Non-Convertible Debentures (NCD) issued by the company was 1.21 times as of March 31, 2026.
  • Borrowings: The total Outstanding Debt reached Rs 2,77,444.12 crore as of March 31, 2026, compared to Rs 2,70,618.81 crore as of March 31, 2025.

Tribhuwan Adhikari, Managing Director & Chief Executive Officer, LIC Housing Finance, said: “Our performance has remained resilient despite a global war scenario, which impacts our country’s oil bill and affects its macro-economic indicators. During the last quarter of FY2026, we witnessed a sustained demand momentum enabled by our efficient digital infrastructure, stable interest rate environment and our continued focus on cost optimisation plus customer-centricity. As we enter the new financial year, we remain optimistic about the housing sector outlook, driven by urbanization and continued policy support. We will maintain our emphasis on expanding reach, enhancing digital capabilities, and delivering sustainable growth while preserving asset quality and profitability.”

Result PDF

Life Insurance company Max Financial Services announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

  • Total Revenue from operations for Q4FY26 stood at Rs 10,801.94 crore, representing a decrease of 24.25% QoQ from Rs 14,258.93 crore in Q3FY26 and a decrease of 12.72% YoY from Rs 12,375.76 crore in Q4FY25.
  • Total Income for the quarter was Rs 10,805.48 crore, compared to Rs 14,267.43 crore in Q3FY26 and Rs 12,396.08 crore in Q4FY25.
  • For FY26, Total Revenue from operations was Rs 47,674.11 crore, showing a growth of 2.59% over Rs 46,468.91 crore in FY25.
  • The Group reported a Net Loss for the period of Rs 31.52 crore in Q4FY26, as against a Net Profit of Rs 44.76 crore in Q3FY26 and a Net Profit of Rs 38.28 crore in Q4FY25.
  • For the full year FY26, Net Profit for the period was Rs 105.56 crore, a decrease of 73.83% compared to Rs 403.38 crore in FY25.
  • Total Comprehensive Loss for Q4FY26 was Rs 83.12 crore, compared to a Total Comprehensive Income of Rs 31.55 crore in Q3FY26 and Rs 54.73 crore in Q4FY25.
  • Basic Earnings Per Share (EPS) from continued operations for Q4FY26 was Rs -0.81, while the full-year FY26 EPS stood at Rs 2.42, compared to Rs 9.61 in FY25.

Standalone Financial Highlights:

  • Total Revenue from operations for Q4FY26 was Rs 17.00 crore, reflecting a significant increase from Rs 2.93 crore in Q3FY26 and Rs 3.74 crore in Q4FY25.
  • For the full year FY26, Standalone Total Revenue from operations stood at Rs 25.79 crore, up 66.71% from Rs 15.47 crore in FY25.
  • Net Profit for the quarter Q4FY26 was Rs 10.17 crore, compared to Rs 1.65 crore in Q3FY26 and a Net Loss of Rs 2.59 crore in Q4FY25.
  • Standalone Net Profit for FY26 was Rs 5.90 crore, compared to a Net Loss of Rs 9.22 crore in the previous year FY25.
  • Total Comprehensive Income for Q4FY26 was Rs 10.23 crore, while for the full year FY26 it was Rs 6.01 crore.

Business Highlights & Segment Performance:

  • Life Insurance Segment Performance:
    • The Life Insurance segment recorded a revenue of Rs 10,802.09 crore in Q4FY26 compared to Rs 12,374.53 crore in Q4FY25.
    • For FY26, segment revenue was Rs 47,671.49 crore compared to Rs 46,463.97 crore in FY25.
    • The segment reported a loss of Rs 2.68 crore for Q4FY26, while the full-year FY26 segment results (profit) stood at Rs 221.56 crore compared to Rs 470.08 crore in FY25.
  • Business Investments Segment Performance:
    • Segment revenue for Q4FY26 was Rs 20.22 crore, and for the full year FY26, it was Rs 38.71 crore.
    • The segment recorded a loss of Rs 3.78 crore in Q4FY26 and a loss of Rs 12.23 crore for the full year FY26.
  • Capital Infusion & Axis Bank Transaction:
    • Axis Bank collectively holds 19.02% of the equity share capital of Axis Max Life Insurance Limited (AMLI) as of March 31, 2026.
    • On April 2, 2026, the Board of Directors of AMLI recommended the issuance of 2,50,56,200 equity shares to Axis Bank on a preferential basis for an aggregate investment of Rs 389 crore to meet funding requirements.
  • Fund Raising: During the quarter ended September 30, 2025, AMLI raised Rs 800 crore through the issuance of unsecured, subordinated, listed, rated, redeemable, taxable, non-cumulative, non-convertible debentures (NCDs) at a coupon rate of 7.95%.
  • Amalgamation: The Board of Directors has accorded in-principle approval for the amalgamation of the Company with its subsidiary, AMLI, on January 28, 2026.
  • Voluntary Liquidation: Max Life Pension Fund Management Limited (MLPFM) has applied for the surrender of its registration and is currently undergoing voluntary liquidation.

Result PDF

Capital Markets company Multi Commodity Exchange of India announced Q4FY26 & FY26 results

Financial Highlights:

  • Revenue from Operations: Stood at Rs 889 crore in Q4FY26, registering a growth of 205% YoY (from Rs 291 crore in Q4FY25) and a 34% QoQ increase (from Rs 666 crore in Q3FY26). For FY26, revenue from operations grew by 107% YoY to Rs 2,302 crore compared to Rs 1,113 crore in FY25.
  • Total Income: Reached Rs 925 crore in Q4FY26, reflecting a 189% YoY growth (from Rs 320 crore in Q4FY25) and a 33% QoQ growth (from Rs 697 crore in Q3FY26). For the full year FY26, total income stood at Rs 2,429 crore, up by 101% YoY from Rs 1,209 crore in FY25.
  • EBITDA: Recorded at Rs 703 crore in Q4FY26, surging by 271% YoY (from Rs 189 crore in Q4FY25) and 33% QoQ (from Rs 527 crore in Q3FY26). For FY26, EBITDA increased by 133% YoY to Rs 1,774 crore (from Rs 762 crore in FY25), with a strong EBITDA margin of 73%.
  • Profit Before Tax (PBT): Posted at Rs 682 crore in Q4FY26, witnessing a massive 305% YoY growth (from Rs 168 crore in Q4FY25) and a 36% QoQ increase (from Rs 503 crore in Q3FY26). For FY26, PBT grew by 142% YoY to Rs 1,690 crore against Rs 699 crore in FY25.
  • Profit After Tax (PAT): Clocked at Rs 530 crore in Q4FY26, marking a 291% YoY growth (from Rs 135 crore in Q4FY25) and a 32% QoQ rise (from Rs 401 crore in Q3FY26). The PAT for FY26 more than doubled, increasing by 138% YoY to Rs 1,332 crore from Rs 560 crore in FY25.

Business Highlights

  • Dividend: The Board of Directors recommended a final dividend of Rs 8 per share (on a face value of Rs 2 per share), subject to shareholder approval.
  • Average Daily Turnover (ADT): Reached a record Rs 5.4 lakh crore, registering an impressive growth of 145% YoY.
  • Revenue Mix: Achieved balanced growth across derivatives, with Future revenue standing at Rs 693 crore (up by 136%) and Option revenue at Rs 1,398 crore (up by 109%).
  • Participation Growth: The number of traded clients increased significantly to 20.90 lakh in FY26 from 13 lakh in FY25, coupled with a healthy growth of new members and institutional participants.
  • New Product Expansion: Successfully launched several new contracts including Electricity Futures, BULLDEX Options, Cardamom Futures, Nickel Futures, Gold Ten Futures, Gold Monthly Options, and Silver Monthly Options.
  • Robust Delivery: The exchange recorded strong delivery-driven contracts with Gold at 21 MT, Silver at 401 MT, and Base Metals at 95,781 MT.
  • Market Position: MCX continued to rank as the world's largest Commodity Options Exchange and the 4th largest Commodity Exchange globally, as per FIA data for 2025 (by number of contracts).
  • Segment-wise Performance:
    • The business saw strong growth driven primarily by two pillars—Bullion and Energy—along with good metals growth. The YoY Average Daily Turnover (ADT) growth for Futures & Options segments was as follows:
      • Bullion: 496% YoY growth.
      • Metals: 116% YoY growth.
      • Energy: 29% YoY growth.

Praveena Rai, Managing Director & CEO, MCX said: "Our operating revenue more than doubled, growing by 113% YoY, reflecting our focused strategy, strong execution, increased participation, across all segments, new members & new products. To strengthen the Commodity Derivatives ecosystem, we initiated a focused drive - ‘Price in India: Hedge in India’ to promote and deepen hedging participation in India. Institutional and retail investors have also increasingly embraced the commodity asset class, leading to broader and deeper market participation. Going forward, our focus remains on sustainable growth, diversification of participation, products, further strengthening technology and risk frameworks, and continued enhancement of shareholder value”.

Result PDF

Bank of India announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

  • Total Income: Reached Rs 22,85,286 lakh in Q4FY26, showing a YoY growth of 4.19% compared to Rs 21,93,354 lakh in Q4FY25, and a QoQ growth of 6.89% from Rs 21,37,920 lakh in Q3FY26. For FY26, total income stood at Rs 85,64,956 lakh, up 6.51% from Rs 80,41,244 lakh in FY25.
  • Operating Profit (before Provisions and Contingencies): Recorded at Rs 5,08,154 lakh in Q4FY26, reflecting a YoY increase of 3.34% against Rs 4,91,752 lakh in Q4FY25, and a QoQ rise of 19.41% from Rs 4,25,557 lakh in Q3FY26. FY26 operating profit was Rs 17,25,951 lakh, compared to Rs 16,60,835 lakh in FY25.
  • Net Profit: Stood at Rs 3,08,776 lakh in Q4FY26, observing a YoY growth of 18.67% from Rs 2,60,198 lakh in Q4FY25, and a QoQ increase of 9.79% from Rs 2,81,229 lakh in Q3FY26. For FY26, net profit was Rs 10,30,630 lakh, an increase of 7.94% from Rs 9,54,828 lakh in FY25.

Standalone Financial Highlights:

  • Total Income: Reported at Rs 22,68,538 lakh in Q4FY26, up 4.30% YoY from Rs 21,75,081 lakh in Q4FY25, and 6.98% QoQ from Rs 21,20,595 lakh in Q3FY26. For FY26, total income reached Rs 85,03,554 lakh compared to Rs 79,81,992 lakh in FY25.
  • Operating Profit: Jumped to Rs 5,02,571 lakh in Q4FY26, a 2.88% YoY growth from Rs 4,88,483 lakh in Q4FY25, and a 19.86% QoQ increase from Rs 4,19,279 lakh in Q3FY26. FY26 operating profit was Rs 17,04,873 lakh against Rs 16,41,211 lakh in FY25.
  • Profit Before Tax: Recorded at Rs 4,03,595 lakh in Q4FY26, demonstrating a YoY rise of 13.78% from Rs 354,717 lakh in Q4FY25, and an 11.59% QoQ growth from Rs 3,61,680 lakh in Q3FY26. FY26 profit before tax was Rs 13,94,566 lakh, compared to Rs 12,43,444 lakh in FY25.
  • Net Profit after Tax: Surged to Rs 3,01,579 lakh in Q4FY26, displaying a 14.85% YoY increase from Rs 2,62,591 lakh in Q4FY25, and an 11.50% QoQ rise from Rs 2,70,467 lakh in Q3FY26. For FY26, net profit was Rs 10,52,715 lakh, up 14.19% YoY from Rs 9,21,902 lakh in FY25.

Business & Segment Highlights:

  • Dividend Recommendation: The Board of Directors recommended a dividend of Rs 4.65 (i.e., 46.50%) per equity share of Face Value Rs 10/- each fully paid up for the FY26, subject to the approval of shareholders.
  • Asset Quality: The bank showed significant improvement in asset quality. Gross NPA percentage improved to 1.98% in Q4FY26, down from 3.27% in Q4FY25 and 2.26% in Q3FY26. Net NPA percentage also improved to 0.56% in Q4FY26 compared to 0.82% in Q4FY25.
  • Capital Adequacy Ratio (Basel III): Capital Adequacy Ratio (Standalone) stood at 18.01% at the end of Q4FY26, representing an improvement from 17.77% in Q4FY25.
  • Segment Performance:
    • Treasury Operations: Revenue was Rs 5,34,693 lakh in Q4FY26, dropping YoY from Rs 6,19,569 lakh in Q4FY25.
    • Wholesale Banking Operations: Revenue increased to Rs 8,30,124 lakh in Q4FY26 from Rs 7,04,903 lakh in Q4FY25.
    • Retail Banking Operations: Revenue slightly grew to Rs 9,05,279 lakh in Q4FY26 from Rs 8,93,521 lakh in Q4FY25.

Result PDF

Internet Software & Services company One97 Communications announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

  • Revenue from operations for Q4FY26 stood at Rs 2,264 crore, reflecting a QoQ increase of 3.19% from Rs 2,194 crore in Q3FY26 and a YoY increase of 18.41% compared to Rs 1,912 crore in Q4FY25.
  • Total income for the quarter ended March 31, 2026, was Rs 2,442 crore, up 1.50% QoQ from Rs 2,406 crore and up 14.38% YoY from Rs 2,135 crore.
  • The company reported a net profit of Rs 183 crore for Q4FY26, compared to a profit of Rs 225 crore in Q3FY26 (a QoQ decline of 18.67%) and a net loss of Rs 545 crore in Q4FY25.
  • For the full financial year FY26, revenue from operations reached Rs 8,437 crore, representing a growth of 22.28% compared to Rs 6,900 crore in FY25.
  • Total income for FY26 stood at Rs 9,291 crore, an increase of 21.85% YoY from Rs 7,625 crore in FY25.
  • The consolidated net profit for FY26 was Rs 552 crore, marking a significant recovery from the net loss of Rs 663 crore reported in FY25.
  • Basic Earnings Per Share (EPS) for Q4FY26 was Rs 2.87, while the annual EPS for FY26 stood at Rs 8.66.

Standalone Financial Highlights:

  • Revenue from operations for Q4FY26 was Rs 1,005 crore, a decrease of 35.29% QoQ from Rs 1,553 crore in Q3FY26 and a decrease of 37.15% YoY from Rs 1,599 crore in Q4FY25.
  • Total income for the quarter stood at Rs 1,135 crore, down 33.78% QoQ from Rs 1,714 crore and down 36.20% YoY from Rs 1,779 crore.
  • Standalone net profit for Q4FY26 was Rs 119 crore, compared to Rs 145 crore in Q3FY26 and a net loss of Rs 581 crore in Q4FY25.
  • For the full year FY26, standalone revenue from operations was Rs 5,825 crore, up 5.81% from Rs 5,505 crore in FY25.
  • Full year standalone net profit for FY26 was Rs 67 crore, compared to a net loss of Rs 789 crore in FY25.

Business Highlights

  • Segment Performance: The group is engaged in various business units including payment, financial services, and marketing services. However, the management has concluded that the group constitutes a single segment as per Ind AS 108 'Operating Segments', and therefore no separate segment disclosure is provided.
  • Paytm Payments Bank Limited (PPBL) License: On April 24, 2026, the RBI cancelled the banking license of PPBL, an associate company. Shareholders of PPBL approved resolutions for its winding up on April 25, 2026. The company stated it has no exposure to PPBL and does not maintain material business arrangements or service partnerships with it. The investment in PPBL was already fully impaired as of March 31, 2024.
  • FEMA Compounding: During Q4FY26, the RBI compounded matters involving an aggregate value of approximately Rs 33 crore for the company. Previously, matters valued at Rs 21 crore were compounded till December 2025. The company is taking steps to resolve a Show Cause Notice from the Directorate of Enforcement alleging contraventions of FEMA provisions totaling approximately Rs 611 crore.
  • Transfer of Offline Merchant Business: Effective November 30, 2025, the company transferred its offline merchant business to its wholly-owned subsidiary, Paytm Payments Services Limited (PPSL), on a slump sale basis for a consideration of Rs 975 crore.
  • Exceptional Items FY26: Exceptional losses for FY26 included impairment of investments in associates of Rs 5 crore, impairment of optionally convertible debentures of Rs 12 crore, and a loan impairment of Rs 190 crore given to a joint venture.
  • IPO Proceeds: As of March 31, 2026, out of the net IPO proceeds of Rs 8,119 crore, the company has utilised Rs 6,133 crore, while Rs 1,986 crore remains un-utilised and is invested in fixed deposits and monitoring agency accounts.
  • Board Changes: The Board approved the re-appointment of Mr. Ashit Ranjit Lilani as a Non-Executive Independent Director for a second consecutive term of five years, starting July 05, 2026.

Result PDF

Internet Software & Services company PB Fintech announced Q4FY26 & FY26 results

FY26 Consolidated Financial Highlights::

  • Total Revenue: Consolidated Operating Revenue grew by 37% YoY to Rs 6,794 crore in FY26, up from Rs 4,977 crore in FY25.
  • Total Income: Consolidated Total Income reached Rs 7,16,645 lakh in FY26 compared to Rs 5,38,502 lakh in FY25.
  • Profit After Tax (PAT): Consolidated PAT for FY26 grew by 115% YoY to Rs 670 crore (Rs 67,013 lakh) from Rs 311 crore (Rs 35,207 lakh) in FY25 (excluding exceptional items).
  • Profit Margin: PAT margin improved significantly from 6% in FY25 to 10% in FY26.
  • Adjusted EBITDA: Full year Adjusted EBITDA improved by 118% YoY to Rs 725 crore from Rs 332 crore in FY25.
  • Earnings Per Share (EPS): Basic EPS for the year stood at Rs 14.58 compared to Rs 7.75 in FY25, marking a growth of 88%.

Q4FY26 Consolidated Financial Highlights::

  • Operating Revenue: Stood at Rs 2,061 crore (Rs 2,06,133 lakh) in Q4FY26, representing a YoY growth of 37% from Rs 1,508 crore (Rs 1,50,787 lakh) and a QoQ growth of 16% from Rs 1,771 crore (Rs 1,77,115 lakh).
  • Total Income: For Q4FY26, total income was Rs 2,16,564 lakh, a YoY increase of 34.6% from Rs 1,60,898 lakh and a QoQ increase of 16.7% from Rs 1,85,600 lakh.
  • Profit After Tax (PAT): PAT for Q4FY26 grew 54% YoY to Rs 261 crore (Rs 26,116 lakh) from Rs 170 crore (Rs 16,974 lakh) and grew 37.9% QoQ from Rs 189 crore (Rs 18,943 lakh).
  • Adjusted EBITDA: Improved by 89% YoY to Rs 280 crore in Q4FY26 from Rs 148 crore in Q4FY25.

Standalone Financial Highlights::

  • Total Income: For the full year FY26, standalone total income was Rs 42,171 lakh compared to Rs 41,201 lakh in FY25.
  • Revenue from Operations: Annual standalone revenue grew to Rs 20,837 lakh in FY26 from Rs 15,344 lakh in FY25.
  • Profit After Tax (PAT): Standalone PAT for FY26 stood at Rs 4,144 lakh compared to Rs 1,253 lakh in FY25.
  • Quarterly PAT: For Q4FY26, standalone PAT reached Rs 1,778 lakh, showing a turnaround from a loss of Rs 1,671 lakh in Q4FY25, and a QoQ growth of 12.9% from Rs 1,575 lakh in Q3FY26.

Business Highlights

  • Insurance Premium Scale: Total Insurance Premium for the full year reached Rs 29,934 crore, up 42% YoY. Q4FY26 premium grew 46% YoY to Rs 9,217 crore.
  • Lending Disbursal Scale: Total Lending disbursal for FY26 reached Rs 30,740 crore, up 50% YoY. Q4FY26 core online lending disbursal grew 11% QoQ.
  • Core Insurance Renewal: Renewal/trail revenue on a 12-month rolling basis stood at Rs 935 crore, a 40% YoY growth. The quarterly core insurance renewal revenue is at an ARR of Rs 1,126 crore, up from Rs 689 crore in Q4 last year.
  • Consumer Reach: Policybazaar has 145.7 million registered consumers till date, with 26.4 million transacting consumers. Paisabazaar has 58.5 million credit score consumers.
  • UAE Business: The UAE Insurance premium grew 54% YoY in FY26. This business is profitable for the full year for the first time in FY26.
  • Segment-wise Performance:
    • Insurance Broker Services: Revenue grew 41.7% YoY to Rs 6,08,928 lakh in FY26 from Rs 4,29,798 lakh. Segment result improved to Rs 86,076 lakh in FY26.
    • Other Services: Revenue stood at Rs 70,474 lakh in FY26 compared to Rs 67,923 lakh in FY25.
  • New Initiatives: PB Partners, the agent aggregator platform, Consolidated its leadership with over 450k advisors and is present in 19k pin codes, covering 99% of pin codes in India.
  • Investment: The Board authorized an investment of up to Rs 5 crore in PB Marketing and Consulting Private Limited to meet net worth criteria for a stockbroking license.

Management Commentary:

  • Our Total Insurance Premium for the full year was Rs 29,934 crore, up 42% YoY, led by growth in core online new protection business at 57% YoY (new Health insurance up 68% YoY). Quarterly Insurance Premium was at Rs 9,217 crore, up 46% YoY again led by growth in core online new protection business at 67% YoY.
  • FY26 Consolidated operating revenue grew 37% YoY to Rs 6,794 crore (Core Insurance revenue up 41% YoY); Quarterly Consolidated Operating Revenue grew 37% to Rs 2,061 crore (Q4FY26 Core Insurance revenue up 48% YoY; Q4FY26 Core credit revenue, up 7% YoY).
  • Our core renewal / trail revenue on a 12-month rolling basis is at Rs 935 crore, up from Rs 668 crore last year same quarter, a 40% growth led by growth of 55% in the insurance segment. The quarterly core insurance renewal revenue is at an ARR of Rs 1126 crore, up from Rs 689 crore Q4 last year (growth of 63% YoY). This is a key driver of long-term profit growth.
  • Growth accelerated for Q4FY26 Core New Insurance Premium (net of Savings business) at 59% YoY. Core New Insurance Premium (Including Savings) grew 48% YoY for the quarter. Excluding Savings category, we have been growing between 34% to 59% for the last 12 quarters.
  • We continue to improve our customer onboarding & claims support services and Insurance CSAT is consistent above 90%.
  • Our credit revenue for the quarter is Rs 123 crore, up 7% YoY and disbursal is at Rs 2,630 crore, up 11% YoY for the core online business.

We continue to strengthen our leadership in New initiatives in FY26 with full year revenue growth of 43% YoY, adjusted EBITDA margin improving from -9% to -4% for the year, with 5% contribution margin.

  • PB Partners, our agent aggregator platform, consolidated its leadership & accelerated growth momentum with over 450k advisors.
    • We have moved the business increasingly towards smaller and higher quality advisors.
    • Most diversified across different lines of businesses.
    • Present in 19k pin codes across India, covering 99% of pin codes in India – driving growth in Tier 4 & 5 towns.
  • FY26 UAE Insurance premium grew 54% YoY & aligning more towards health & life insurance, similar to our India business. We have unique value proposition of cross-border health insurance products & Claims assurance program for motor insurance. This business is profitable for the full year for the first time in FY26.

Our consolidated FY26 PAT for PB Fintech grew 115% YoY to Rs 670 crore (PAT margin grew from 6% in FY25 to 10% in FY26). This is 2.2% of the insurance premium. Quarterly PAT grew 54% to Rs 261 crore.

To summarize our performance since our public listing in Nov 2021:

  • Revenue grew at a CAGR of 48% from Rs 1,425 crore in FY22 to Rs 6,794 crore in FY26.
  • PAT margin grew from -58% in FY22 to 10% in FY26.

Result PDF

Data Processing Services company Computer Age Management Services announced Q4FY26 & FY26 results

Q4FY26 Financial Highlights:

  • Revenue: Rs 395.22 crore against Rs 356.17 crore during Q4FY25, change 11.0%.
  • PBT: Rs 167.07 crore against Rs 149.26 crore during Q4FY25, change 11.9%.
  • PAT: Rs 125.44 crore against Rs 112.80 crore during Q4FY25, change 11.2%.
  • PAT Margin: 31.0% for Q4FY26.
  • EPS: Rs 5.10 for Q4FY26

FY26 Financial Highlights:

  • Revenue: Rs 1516.25 crore during FY26, change 6.6% YoY.
  • PBT: Rs 632.53 crore during FY26, change 1.3% YoY.
  • PAT: Rs 476.01 crore during FY26, change 1.2% YoY.
  • PAT Margin: 31.0% for FY26.
  • EPS: Rs 19.23 for FY26.

Business Highlights:

  • CAMS AuM was at Rs 55.1 lakh crore. In Q4FY26, retaining market leadership with ~68% market share and delivering 21% YoY growth, in line with the industry. Overall Active assets grew ahead of the industry.
  • Equity assets surged to an all-time high of Rs 30.5 lakh crore. improving share to a record 67.0%, up 90 bps YoY, growing faster than the industry. Equity net sales stood at Rs 1,01,294 crore, driving share in this segment to 76.3% from 71% the previous quarter.
  • New SIP registrations reached 1.26 crore. in Q4FY26, reflecting a strong 46% YoY growth, outpacing the industry growth of 37%. Annual SIP registrations in FY26 hit 4.7 crore, up 17% over FY25 - nearly double the industry growth of 9%.
  • SIP collections crossed the Rs 20,000 crore. milestone in March, increasing 24% YoY to reach Rs 58,889 crore. for Q4FY26. Live SIPs expanded 17% YoY compared with 4% for the industry, resulting in share increasing to 64.1% from 57.0% in the previous year.
  • CAMS unique investor base crossed 4.76 crore. During the quarter, registering a 18% YoY growth and outpacing industry growth of 13%.
  • CAMS added Oaklane Capital LLP and Neo Investments Value Advisors Pvt. Ltd. as MF RTA clients, reinforcing its strategy of building a high-quality, institution-led MF RTA franchise. The total number of MF RTA clients now stands at 31.
  • Transaction volumes for FY26 reached 107 crore, registering a strong 20% YoY growth.
  • During the quarter, 4 SIFs launched their maiden funds, taking the total number of SIFs serviced to 6. A strong pipeline remains in place, with 8 additional SIF launches expected over the coming months.
  • Retail fund launches in GIFT City gained momentum. CAMS-serviced GIFT City Retail Fund AuM now stands at USD 35.3 million.

Anuj Kumar, Managing Director, said: “Q4FY26 was a defining quarter for CAMS, as we delivered our highest-ever quarterly revenue, with double-digit YoY growth and best-in-class EBITDA margins of 46.5%. This performance reflects strong operating discipline, sustained scale benefits in our core mutual fund franchise and continued improvement in productivity across the organisation.

This performance was anchored not only by the resilience and scale benefits of our core mutual fund franchise, but also by strong momentum in our expanding non-MF businesses which grew over 24% YoY, underscoring the success of our diversification strategy. Businesses across payments, alternatives, KRA and insurance repository continue to gain traction, contributing meaningfully to revenue momentum and long-term growth visibility.

Within mutual funds, we continue to deepen and strengthen our partnerships with asset managers. During the quarter, Neo and Oaklane chose CAMS as their RTA partner, taking our total MF RTA relationships to 31. We also continued to gain market share and outperform the industry across key metrics, including assets under management, equity net sales, SIP registrations and growth in the investor base. The SIF ecosystem is scaling well, with 6 SIFs going live so far and another 8 additional launches expected in the coming months, reflecting growing adoption of SIF.

Alongside growth, our multi-year platform re-architecture programme is progressing well. Sustained innovation in technology, coupled with revenue growth (while maintaining a flat headcount) highlight the operating efficiency and long-term leverage that our next-generation platform is designed to deliver.

As we move ahead, our focus remains on strengthening platform leadership, scaling diversified growth engines and sustaining profitable growth, while reinforcing CAMS’s role as India’s most trusted financial market infrastructure partner.”

Result PDF

Finance company Manappuram Finance announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

  • Total Revenue from Operations: For Q4FY26, consolidated revenue from operations stood at Rs 2,613.83 crore, representing a YoY increase of 10.71% from Rs 2,360.94 crore in Q4FY25 and a QoQ growth of 11.03% from Rs 2,354.12 crore in Q3FY26.
  • Total Income: For the quarter ended March 31, 2026, total income reached Rs 2,625.58 crore, up 11.13% YoY compared to Rs 2,362.54 crore and up 11.31% QoQ compared to Rs 2,358.90 crore.
  • Net Profit: The consolidated net profit for Q4FY26 was Rs 404.79 crore, marking a significant turnaround from a loss of Rs 203.17 crore in Q4FY25 and reflecting a QoQ increase of 69.69% from Rs 238.55 crore in Q3FY26.
  • Annual Performance: For the full year FY26, consolidated total revenue from operations was Rs 9,509.39 crore, a decline of 5.01% from Rs 10,011.20 crore in FY25. Annual net profit for FY26 stood at Rs 993.14 crore, down 17.51% compared to Rs 1,203.88 crore in FY25.
  • Earnings Per Share (EPS): The basic and diluted EPS for the full year FY26 was Rs 11.72 and Rs 11.71 respectively, compared to Rs 14.22 in FY25.

Standalone Financial Highlights:

  • Total Revenue from Operations: For Q4FY26, standalone revenue from operations was Rs 2,157.54 crore, showing a YoY growth of 24.04% from Rs 1,739.41 crore and a QoQ growth of 12.46% from Rs 1,918.47 crore.
  • Total Income: Standalone total income for the quarter was Rs 2,163.41 crore, up 24.21% YoY from Rs 1,741.77 crore and up 12.57% QoQ from Rs 1,921.88 crore.
  • Net Profit: Standalone net profit for Q4FY26 was Rs 375.52 crore, representing a YoY decrease of 9.37% from Rs 414.34 crore and a marginal QoQ decline of 1.48% from Rs 381.15 crore.
  • Annual Performance: For the full year FY26, standalone total revenue from operations stood at Rs 7,642.72 crore, a growth of 10.63% from Rs 6,908.11 crore in FY25. Annual net profit was Rs 1,524.65 crore, a decrease of 14.50% from Rs 1,783.26 crore in FY25.

Business Highlights

  • Segment Performance:
    • Gold Loan and Others: This segment reported an annual revenue of Rs 8,274.38 crore for FY26, compared to Rs 7,523.90 crore in FY25. Segment results (Profit before tax) for FY26 were Rs 2,105.96 crore.
    • Micro Finance: Annual revenue for the Micro Finance segment was Rs 1,250.30 crore in FY26, down from Rs 2,547.25 crore in FY25. The segment reported a loss before tax of Rs 835.78 crore for FY26.
  • Asset Quality and ECL: During Q4FY26, the subsidiary Asirvad Micro Finance Limited revised its Expected Credit Loss (ECL) estimation based on asset quality trends. This resulted in a decrease in the impairment provision by Rs 39 crore.
  • Technical Write-offs: In Q4FY26, the Holding Company undertook a technical write-off of Rs 136.94 crore related to the Vehicle Finance portfolio under the Doubtful-1 category of NPA. The net impact on the Statement of Profit and Loss, net of provision, was Rs 84.01 crore.
  • Dividend: The Board declared a fourth interim dividend of Rs 0.50 (25%) per equity share of face value of Rs 2 each.
  • Capital Increase: The authorized share capital of the Holding Company was increased from Rs 200 crore to Rs 300 crore during the year.

Result PDF

Holding Companies company Aditya Birla Capital announced Q4FY26 & FY26 results

  • Total lending portfolio crosses Rs 2 lakh crore (change 32% YoY).
  • Consolidated profit after tax crosses Rs 1,100 crore in Q4FY26.
  • Consolidated Revenue grew 12% YoY to Rs 15,877 crore in Q4FY26 and 14% YoY to Rs 53,871 crore in FY26.
  • Consolidated profit after tax grew 30% YoY to Rs 1,124 crore in Q4FY26 and 21% YoY to Rs 3,797 crore in FY26.

Business Highlights:

  • NBFC Business:
    • Disbursements grew by 28% YoY and 16% sequentially to Rs 24,947 crore in Q4FY26.
    • AUM grew by 27% YoY and 8% sequentially to Rs 1,59,916 crore.
    • Profit before tax grew by 26% YoY to Rs 1,106 crore in Q4FY26 and 20% YoY to Rs 4,023 crore in FY26.
    • Return on assets was 2.31% in Q4FY26 and 2.25% in FY26.
    • Gross stage 2 and 3 ratio improved by 136 bps YoY and 38 bps sequentially to 2.42%.
  • Housing Finance:
    • Disbursements grew by 37% YoY and 29% sequentially to Rs 7,977 crore in Q4FY26.
    • AUM grew by 53% YoY and 12% sequentially to Rs 47,452 crore.
    • Profit before tax grew by more than two times YoY to Rs 255 crore in Q4FY26 and 98% YoY to Rs 832 crore in FY26.
    • Return on assets was 2.07% in Q4FY26 and 1.88% in FY26.
    • Gross stage 2 and 3 ratio improved by 63 bps YoY and 19 bps sequentially to 0.76%.
  • AMC Business:
    • Mutual fund quarterly average assets under management grew by 14% YoY to Rs 4,35,866 crore.
    • Equity QAAUM grew by 17% YoY to Rs 1,97,374 crore.
    • Individual monthly average assets under management grew by 8% YoY to Rs 1,99,373 crore.
    • Folios serviced increased by 3% YoY to about 1.1 crore.
    • Operating profit grew by 8% YoY to Rs 252 crore in Q4FY26 and 11% YoY to Rs 1,051 crore in FY26.
  • Life Insurance Business:
    • Individual First Year Premium (FYP) grew by 15% YoY to Rs 4,725 crore in FY26.
    • Group's new business premium increased by 31% YoY to Rs 7,314 crore in FY26.
    • Renewal premium grew by 17% YoY to Rs 12,190 crore in FY26.
    • Net value of new business (VNB) margin increased by 260 bps YoY to 20.6% in FY26.
    • Absolute net VNB grew by 29% YoY to Rs 1,055 crore in FY26.
  • Health Insurance Business:
    • Gross written premium grew by 39% YoY to 6,855 crore in FY26.
    • Standalone health insurer market share increased by 110 bps YoY to 13.7% in FY26.
    • Combined ratio improved to 103% (FY25: 105%) in FY26

Result PDF

Disclaimer – I ICICI Securities Ltd. ( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is acting as a distributor to solicit bond related products. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein mentioned are solely for informational and educational purpose.
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