Q4 FY26 earnings calls.

Leela delivered a strong FY26 with operating revenue up 15% YoY to ₹1,527 Cr and EBITDA margin expanding 167 bps to 49%, driven by 14% same-store RevPAR growth and disciplined cost management. PAT surged to ₹403 Cr from

LIC Housing Finance reported Q4 FY26 revenue from operations of ₹7,194 crore, down ~1.2% YoY, while PAT grew 9.46% YoY to ₹1,497 crore, aided by lower credit costs (2 bps in Q4) and improved NIM of 2.80% (up 11 bps QoQ).

LIC Housing Finance reported Q4 FY26 PAT of INR 1,497.41 crore, up 9.46% YoY despite subdued revenue of INR 7,194 crore (down 1.2% YoY). The company navigated intense competitive pressure from banks offering lower rates

Linc Limited reported a challenging Q4 FY26 with operating income of ₹137.67 crore, down 10.6% YoY, impacted by muted corporate gifting orders and geopolitical headwinds affecting exports—particularly Middle East and Eas

Lloyds Metals delivered a standout Q4 FY26, with standalone revenue surging 310% YoY to ₹4,977 crore and EBITDA jumping 498% to ₹1,679 crore, driven by a 120% increase in iron ore production to 22 million tonnes and the

Lodha delivered a landmark FY2026 with PAT crossing ₹3,430 crore at 20% margin for the first time, growing 24% YoY despite a challenging macro environment including Middle East tensions and US tariffs. Pre-sales of ₹20,5

Lodha Developers reported a strong Q4 FY26 with pre-sales of ₹58.9B, up 23% YoY, and full-year PAT of ₹34.3B (margin 20%), driven by robust demand in premium segments and successful business development adding ₹600B GDV.

LT Elevator reported a landmark FY26 with revenue of 111.7 crore, nearly doubling YoY, and PAT of 17 crore+. Growth was driven by strong execution in government EPC projects and early traction in B2C elevators via digita

LT Foods delivered a strong Q4 FY26 with revenue of ₹2,938 crore and EBITDA of ₹300 crore, though margins were impacted by US tariffs and brand investments. The core basmati & specialty rice segment grew 29% (21% normali

LTM reported Q4 FY26 revenue of $1.22B (+8.1% YoY) and EBITDA margin of 15.1% (-100bps QoQ due to wage hikes). Full-year revenue reached $4.76B (+6% YoY) with EBITDA margin of 15.4% (+90bps YoY). PAT for the quarter was

Lupin delivered a stellar Q4 FY26 with revenue of ₹7,475 crore (+32% YoY) and EBITDA of ₹2,171 crore (+68% YoY), marking the 15th consecutive quarter of growth. The US business was a standout, reaching $1.31 billion for

M&B Engineering delivered a strong FY26 with revenue of 1,260 cr (+27% YoY) and PAT of 93 cr (+20% YoY), driven by robust order inflows and execution. However, Q4 margins were pressured by forex losses (₹6 cr), steel pri

Macfos reported a stellar FY26 with revenue of ₹312 Cr (up 64.7% YoY), EBITDA of ₹39 Cr (up 113% YoY), and PAT of ₹25.65 Cr (up 115% YoY), excluding a one-time bulk of ₹71 Cr in FY25. Growth was driven by strong demand a

Macpower CNC Machines delivered its highest ever Q4 and FY26 performance with Q4 revenue of 100.29 crore (+25.34% YoY) and full-year revenue of 333 crore (+27.26% YoY). PAT jumped 33% to 33.87 crore for FY26. The Q4 orde

Madhusudan Masala delivered a strong Q4 and FY26 with total revenue of 291 CR (+26% YoY), driven by 40% growth in branded sales to 203.88 CR which now constitutes 77.9% of revenue versus 66% a year ago. EBITDA grew 36% Y

Madhya Bharat Agro delivered a strong Q4 FY26 with revenue of ₹394.7 Cr (+33% YoY) and PAT of ₹59.8 Cr (+318% YoY), driven by robust Rabi season demand and operational leverage. Full-year revenue hit a record ₹1,867 Cr (

Mahanagar Gas reported FY26 PAT of ₹847 crore, down 18.6% YoY from ₹1,041 crore, and EBITDA of ₹451 crore, sharply lower from ₹1,570 crore, reflecting severe margin compression from the West Asia crisis. Q4 volumes grew

M&M delivered a strong Q4 FY26 with PAT up 42% YoY and revenue up 29% YoY, driven by robust auto and farm performance. Auto volume grew 19% with margin expansion of 80 bps, while farm tractor margins reached 20.4% in Q4.

Mahindra Finance delivered a strong Q4 FY26 with PAT of ₹873 crore (+55% YoY), driven by 101 bps NIM expansion quarter-on-quarter and record-low asset quality with GS3 at 3.4% (down 39 bps QoQ) and GS2+GS3 at 8.18% (8-ye

Mahindra & Mahindra delivered a stellar Q4 FY26 with PAT up 42% YoY and revenue up 29% YoY, driven by strong auto (33% PAT growth) and farm (13% PAT growth, excluding impairments) performance. Auto volumes grew 19% with

Mahindra EPC Irrigation reported FY26 revenue of ₹315.8 crore, up 14.8% YoY, outperforming industry growth of ~6-7%. PBT improved to ₹17 crore from ₹10.7 crore, aided by a 1% material cost saving and better product mix.

Mahindra Holidays reported a mixed Q4 FY26. Standalone revenue grew 4.3% YoY to ₹407 cr, with resort income up 11%. EBITDA margin expanded 180 bps to 34.9%, driven by lower acquisition costs and operational efficiencies.

Mahindra Lifespace reported a strong Q4 FY26 with residential pre-sales of ₹1,633 crore and full-year PAT of ₹298 crore, a 5x jump YoY, driven by successful launches and IC leasing. The company added 18,000 crore GDV in

Mahindra Logistics reported a strong Q4 FY26 with consolidated revenue of ₹1,791 crore (+14% YoY) and adjusted EBITDA of ₹57 crore (+54% YoY), marking a return to PAT profitability at ₹20.2 crore versus a loss last year.

Man Infraconstruction reported FY26 consolidated revenue of ₹630 crore and PAT of ₹201 crore, with Q4 revenue of ₹187 crore and PAT of ₹43 crore. The year was a consolidation phase, with revenue recognition expected to a

Manaksia Coated Metals reported Q4 FY26 revenue of ₹228.74 Cr (+9% YoY, +20.45% QoQ) and PAT of ₹5.37 Cr (+6.73% YoY). EBITDA margin compressed to 6.84% due to Middle East conflict-driven cost spikes in energy and raw ma

Manappuram Finance reported a strong Q4 FY26 with consolidated revenue of ₹2,614 crore (+11% YoY) and PAT of ₹405 crore (+70% QoQ). Growth was driven by the gold loan portfolio, which surged 99% YoY to ₹50,953 crore AUM,

Manorama Industries delivered an exceptional FY26 with standalone revenue surging 76.1% YoY to INR 1,357 crore, driven by volume growth and improved product mix. EBITDA margin expanded to 27.1% (PAT margin 17.2%), reflec

Marico delivered a strong Q4 FY26, with India business volume growth improving and international business constant currency growth reaching multi-year highs. Key drivers include robust performance in value-added hair oil

Marksans Pharma delivered a standout Q4 FY26 with Rs 856 crore revenue (+20.8% YoY) and 22.8% EBITDA margin, demonstrating strong operating leverage. Full-year FY26 revenue crossed Rs 3,000 crore for the first time at Rs

Marushika Technology delivered a strong FY26 with 36.6% revenue growth to Rs 11,043 lakh and 42.5% PAT growth to Rs 895 lakh, driven by 184% surge in service revenue (from Rs 1,744 lakh to Rs 4,961 lakh). EBITDA grew 48%

Maruti Suzuki reported a record Q4 FY26 with 676,209 units sold (+11.8% YoY) and net sales of ₹50,100 crore (+28.8% YoY). Operating profit (EBIT) hit an all-time high of ₹4,400 crore (+30.4% YoY), but PAT fell 6.9% to ₹3

Maruti Suzuki reported a record Q4 with net sales of ₹50,010 crore (+28.5% YoY) and EBITDA of ₹4,400 crore (+30.4% YoY), driven by a sharp recovery in small car demand post-GST reform and strong export growth. PAT declin

MAS Financial delivered a strong Q4 FY26 with consolidated PAT of ₹104 crore (+25% YoY) and AUM crossing ₹15,000 crore (+19% YoY). Growth was driven by MSME (70% of book) and two-wheeler loans (+35% YoY), while asset qua

Mastek reported a stable Q4 FY26 with revenue of ₹938 crore (+3.6% QoQ) and EBITDA margin of 16.1%, despite wage hike impact and pricing pressure. Order backlog grew 7.2% QoQ in INR terms, providing a stronger foundation

Matrimony.com reported Q4 FY26 consolidated revenue of ₹116.9 crore (+7.9% YoY) and PAT of ₹9.7 crore (+18.9% YoY), driven by matchmaking billing growth of 10.5% YoY to ₹125.4 crore. EBITDA margin expanded 160 bps YoY to

Max Estates reported its strongest-ever Q4 with 3,300 crores in bookings driven by Estate 105 and Max One launches, though FY26 consolidated revenue of 200 crores reflects the company's revenue recognition model tied to

Medi Assist delivered a strong FY26 with operating revenue of ₹904.8 crore (+25.1% YoY) and EBITDA of ₹174.6 crore (19.3% margin). Growth was driven by group premiums (+25.6% YoY), technology revenue (+91.9% YoY), and go

Meesho delivered a strong Q4 with contribution margin expanding 130 bps sequentially to 4% exit rate, driven by logistics cost normalization after Q2/Q3 disruptions and ad revenue growth. The one-time logistics headwind

Meghmani Organics reported a challenging Q4 FY26 with standalone revenue of Rs 456 crore and EBITDA of Rs 26.2 crore (5.7% margin), pressured by geopolitical headwinds, rising raw material costs (particularly sulfuric ac

Meghnainfraconinfrastruc Ltd reported FY26 revenue of Rs 46.2 crore (up 15.8% YoY) with Q4 revenue of Rs 18.48 crore (up 52.5% YoY), reflecting improving execution as projects mature. PAT stood at Rs 5.59 crore versus a

Metropolis Healthcare delivered a strong FY26 with group revenue of ₹1,646 crore (+23.6% YoY) and EBITDA margin of 24.4%. Organic revenue grew 13.7% YoY, exceeding the 12-13% guidance, driven by patient volume growth of

Mitsu Chem Plast delivered a standout Q4 FY26 with EBITDA margin at 16.45%, up 736bps YoY—though management flagged 1-2pp as one-off benefit from geopolitical-driven HDPE price surge. Net profit doubled (+117.9%) to ₹7.7

Modi Naturals delivered a strong Q4 FY26 with revenue up 28% YoY to ₹243 crore, EBITDA up 51.8% to ₹24.5 crore, and PAT surging 141% to ₹19.7 crore. The ethanol division drove performance with revenue of ₹92.2 crore and

Modis Navnirman delivered a landmark FY26 with 84% revenue growth to Rs 188.89 crore and 35% EBITDA growth to Rs 38.46 crore, driven by strong execution on projects including Rashmi Vasuv OC and Rashmi Celestia completio

Mold-Tek delivered a strong Q4 FY26 with 13.4% revenue growth and EBITDA margin expansion of 310 bps to 40.7%, driven by consolidation of Hyderabad units, higher capacity utilization (now ~65%), and a 219% surge in pharm

Mold-Tek reported a Q4 PAT of ₹2.28 Cr vs a loss of ₹1.62 Cr last year, driven by a 81% YoY revenue jump to ₹59 Cr. The turnaround was aided by the BIL acquisition (₹23 Cr revenue in 5 months) and a downsizing of the ble

Monarch Surveyors reported FY26 revenue of ₹171.7 crore, up 11.4% YoY, with EBITDA margin of 29.7% and PAT of ₹37.2 crore. Growth was driven by strong order inflows of ₹750+ crore, including a landmark ₹130 crore Norther