Aditya Vision / Q4-FY26

Read the quarter in context.

A source-linked quarter view: reported numbers, management language, guidance, and the risks that should carry forward.

Research layer active

ConCallIQ research layer

Signal, with the source still visible.

Use the controls below to narrow the view, then follow the evidence into the next layer of context.

Positive2026-05-15Back to ADITYAVISION

Revenue

₹625 Cr

verification pending

Revenue YoY

28%

reported change

EBITDA

₹51 Cr

latest reported figure

Source

manual review required

record provenance

Actual signal trajectory

Where this quarter sits.

source records only
PAT (₹ Cr)PositiveWatchNegative
1 actual records
Actual quarterly PAT (₹ Cr) trajectoryReported values plotted by quarter. Hover or focus a point for its quarter, value, and source sentiment.Q4 FY26: 24 · Positive source sentiment · 2026-05-15Q4 FY262424
Values are taken from the available verified source records; sentiment color is a separate source-read indicator.

Quarter read

What the record says.

Aditya Vision delivered a strong Q4 FY26 with revenue of ₹625 crore (+28% YoY) and PAT of ₹24 crore (+36% YoY), driven by robust festive and summer demand despite a weak H1. Full-year revenue reached ₹2,672 crore (+18% YoY) with EBITDA margin of 8.5%. The company added 102 stores in three years, now totaling 207 stores across four states, and entered Chhattisgarh. Management highlighted a strategic inventory build of ₹840 crore to mitigate supply risks and price hikes. Guidance for FY27 includes 25+ store additions, with a focus on Uttar Pradesh and Madhya Pradesh. EBITDA margin is expected to remain in the 8-10% range. A key risk is the impact of unseasonal weather on summer product demand, which could pressure margins.

Colored figures show movement against the previous available record.

Guidance to track

  • Management guided for at least 25 new stores, with focus on Uttar Pradesh, Chhattisgarh, and entry into Madhya Pradesh.
  • Management reiterated EBITDA margin target range of 8-10%, with 9% as the mean.
  • Management stated that internal accruals and working capital borrowings are sufficient; no equity dilution planned.

Risks flagged

  • A weak summer in H1 FY26 hurt cooling product sales; similar weather patterns could repeat and pressure margins.
  • Higher mobile and laptop ASPs increased their revenue share, compressing gross margins; trend may continue.
  • Inventory of ₹840 crore is elevated; if demand softens, liquidation may require discounts, hurting margins.

Key quotes

  • Your company is now an all weather, all-season company.
  • We do not give a guidance because we are always ahead of the guidance.
  • We cannot compromise in certain sales and we have to have those sales as well.

Research modules

Go one layer deeper.

TranscriptRisk registerPromise ledgerClaim ledgerReality check