Financial Services Sector — Q4 FY26 Earnings Overview
78 companies reported. 61 bullish, 17 neutral, 0 bearish.
Average revenue growth: 5.8%
Sector sentiment: bullish
Aggregate revenue: ₹2,00,470 Cr
Average margin: 4.9%
Company Results
| Company | Revenue | YoY | Margin | Sentiment |
|---|---|---|---|---|
| Union Bank of | ₹1,05,900 Cr | — | — | bullish high |
| HDFC Life Insurance | ₹19,890 Cr | — | 1.0% | neutral medium |
| Go Digit General | ₹11,300 Cr | +16.2% | — | bullish high |
| Central Bank of | ₹10,811 Cr | +4.63% | — | neutral medium |
| Niva Bupa Health | ₹9,433 Cr | +27.4% | — | bullish high |
| LIC Housing Finance | ₹7,194 Cr | -1.2% | — | neutral medium |
| Star Health | ₹6,259 Cr | +17% | — | bullish high |
| Piramal Finance | ₹3,424 Cr | — | 42.0% | bullish high |
| ICICI Prudential Life | ₹3,185 Cr | — | -24.0% | neutral medium |
| Satin Creditcare Network | ₹3,161 Cr | +23% | — | bullish high |
| Federal Bank | ₹2,717 Cr | +14.2% | — | bullish high |
| Manappuram Finance | ₹2,614 Cr | +11% | — | bullish medium |
| Ujjivan Small Finance | ₹2,186 Cr | +18.6% | — | bullish high |
| Aye Finance | ₹1,796 Cr | +20% | — | bullish high |
| ICICI Prudential Asset | ₹1,517 Cr | +19.5% | 37.6% | bullish high |
| Suryoday Small Finance | ₹1,458 Cr | +10.2% | — | bullish high |
| Nuvama Wealth Management | ₹1,269 Cr | +7% | 50.0% | bullish high |
| Equitas Small Finance | ₹1,239 Cr | +18% | — | bullish high |
| HDFC Asset Management | ₹1,052 Cr | +18% | 80.0% | bullish high |
| Nippon Life India | ₹739 Cr | +30% | 66.7% | bullish high |
| IIFL Capital Services | ₹644 Cr | 0% | 35.0% | neutral medium |
| Ugro Capital | ₹628 Cr | +51% | — | neutral medium |
| Home First Finance | ₹505 Cr | +21.3% | — | bullish high |
| Canara Robeco Asset | ₹425 Cr | +17% | — | neutral medium |
| UTI Asset Management | ₹390 Cr | +6.36% | -3.0% | neutral medium |
| Kfin Technologies | ₹347 Cr | +23% | 37.0% | neutral medium |
| Anand Rathi Wealth | ₹288 Cr | +25% | 29.0% | bullish high |
| 5paisa Capital | ₹85 Cr | — | 30.0% | neutral medium |
| Dar Credit | ₹14 Cr | +39.6% | — | bullish medium |
| Bank of India | — | — | — | bullish high |
| Canara Bank | — | — | — | neutral medium |
| CreditAccess Grameen | — | — | — | bullish high |
| India Shelter Finance | — | — | — | bullish high |
| Laxmi India Finance | — | — | — | bullish high |
| SRG Housing Finance | — | — | — | bullish high |
| Tata Capital | — | — | — | bullish high |
| Aptus Value Housing | — | — | — | bullish high |
| Canara HSBC Life | — | — | — | bullish high |
| Capri Global Capital | — | — | — | bullish high |
| City Union Bank | — | — | — | bullish high |
| ICICI Lombard General | — | — | — | bullish high |
| Indian Bank | — | — | — | neutral high |
| Jammu and Kashmir | — | — | — | bullish high |
| Muthoot Finance | — | — | — | bullish high |
| Punjab & Sind | — | — | — | bullish high |
| Punjab National Bank | — | — | — | bullish high |
| Jana Small Finance | — | — | — | bullish high |
| AU Small Finance | — | — | — | bullish high |
| Utkarsh Small Finance | — | — | — | bullish medium |
| Northern ARC Capital | — | — | — | bullish high |
| Karur Vysya Bank | — | — | — | bullish high |
| Bank of Maharashtra | — | — | — | bullish high |
| PNB Housing Finance | — | — | — | bullish high |
| Kotak Mahindra Bank | — | — | — | bullish high |
| Yes Bank | — | — | — | bullish high |
| Axis Bank | — | — | — | neutral medium |
| Bandhan Bank | — | — | — | bullish high |
| ICICI Bank | — | — | — | bullish high |
| Indusind Bank | — | — | — | neutral medium |
| Uco Bank | — | — | — | bullish high |
| IDFC First Bank | — | — | — | bullish high |
| Aadhar Housing Finance | — | — | — | bullish high |
| Aditya Birla Capital | — | +12% | — | bullish high |
| Bajaj Housing Finance | — | — | — | neutral medium |
| Bank of Baroda | — | — | — | bullish high |
| Capital Small Finance | — | — | — | bullish high |
| CSB Bank | — | — | — | bullish high |
| DCB Bank | — | — | — | bullish high |
| ESAF Small Finance | — | — | — | bullish medium |
| Fedbank Financial Services | — | — | — | bullish high |
| Five Star Business | — | — | — | bullish high |
| L&T Finance | — | — | — | bullish high |
| RBL Bank | — | — | — | neutral medium |
| SBFC Finance | — | — | — | neutral medium |
| Sbi Life Insurance | — | — | — | bullish high |
| South Indian Bank | — | — | — | bullish high |
| State Bank of India | — | — | — | bullish high |
| Tamilnad Mercantile Bank | — | — | — | bullish high |
Key sector risks this quarter
Kfin Technologies · high
Continued mark-to-market erosion and retail investor exodus could further compress yields and delay revenue recovery in issuer solutions.
Laxmi India Finance · high82% of AUM is concentrated in Rajasthan, making the portfolio vulnerable to regional economic disruptions, political events, or localized slowdowns.
Canara HSBC Life · highThe ₹820 million negative economic variance in EV was primarily due to equity market falls affecting UL fund management charges. Continued volatility could pressure ULIP sales and EV growth.
Canara Robeco Asset · highWith 91% equity AUM, a sustained market correction could significantly reduce AUM and revenue.
ICICI Lombard General · highCompetitive intensity and pricing pressure in the fire segment have led to muted growth and potential market share loss.