CG POWER Q2 FY27 : ACTUAL VS ESTIMATES
β’ NET PROFIT AT βΉ412 CR VS EST βΉ359 CR β BEAT BY 14.76% π’
β’ REVENUE AT βΉ3,802 CR VS EST βΉ3,559.4 CR β BEAT BY 6.82% π’
β’ EBITDA AT βΉ539.6 CR VS EST βΉ444.4 CR β BEAT BY 21.42% π’
β’ EBITDA MARGINS AT 14.2% VS EST 12.5% β BEAT BY 170 BPS π’
β’ NET PROFIT AT βΉ412 CR VS EST βΉ359 CR β BEAT BY 14.76% π’
β’ REVENUE AT βΉ3,802 CR VS EST βΉ3,559.4 CR β BEAT BY 6.82% π’
β’ EBITDA AT βΉ539.6 CR VS EST βΉ444.4 CR β BEAT BY 21.42% π’
β’ EBITDA MARGINS AT 14.2% VS EST 12.5% β BEAT BY 170 BPS π’
CG POWER Q2: ANNOUNCES βΉ324.76 CR BROWNFIELD CAPEX TO EXPAND SWITCHGEAR CAPACITY
β’ Total Capex: βΉ324.76 Cr investment across OIP bushings, EHV circuit breakers and GIS manufacturing facilities
β’ OIP Capacity Expansion: βΉ300 Cr investment to add 4,236 equivalent units annually, increasing total capacity to 11,436 units
β’ OIP Timeline: Expansion covering bushings and instrument transformers up to 800 kV, expected within 30β36 months
β’ EHV Circuit Breakers: βΉ15.31 Cr investment to add 3,600 units annually, increasing capacity to 10,800 units within 6β9 months
β’ GIS Expansion: Additional βΉ9.45 Cr investment, raising total project capex to βΉ44.62 Cr from βΉ35.17 Cr
β’ GIS Capacity: Proposed addition of 240 equivalent bays against existing capacity of 228 equivalent bays
β’ Capacity Utilisation: OIP operating at 94%, EHV circuit breakers at 83% and GIS at 84%, indicating high utilisation across facilities
β’ Demand Outlook: Expansion driven by increasing order pipeline, capacity constraints and growing domestic and export demand for EHV products
β’ Funding: Projects to be financed through internal accruals and equity/QIP
β’ Total Capex: βΉ324.76 Cr investment across OIP bushings, EHV circuit breakers and GIS manufacturing facilities
β’ OIP Capacity Expansion: βΉ300 Cr investment to add 4,236 equivalent units annually, increasing total capacity to 11,436 units
β’ OIP Timeline: Expansion covering bushings and instrument transformers up to 800 kV, expected within 30β36 months
β’ EHV Circuit Breakers: βΉ15.31 Cr investment to add 3,600 units annually, increasing capacity to 10,800 units within 6β9 months
β’ GIS Expansion: Additional βΉ9.45 Cr investment, raising total project capex to βΉ44.62 Cr from βΉ35.17 Cr
β’ GIS Capacity: Proposed addition of 240 equivalent bays against existing capacity of 228 equivalent bays
β’ Capacity Utilisation: OIP operating at 94%, EHV circuit breakers at 83% and GIS at 84%, indicating high utilisation across facilities
β’ Demand Outlook: Expansion driven by increasing order pipeline, capacity constraints and growing domestic and export demand for EHV products
β’ Funding: Projects to be financed through internal accruals and equity/QIP
NAVKAR CORPORATION Q2 FY27 ; STANDALONE NET PROFIT UP 171% AT βΉ12 CR (YOY), DOWN 4% (QOQ)
REVENUE UP 37.65% AT βΉ223 CR (YOY), UP 16.75% (QOQ)
EBITDA UP 36% AT βΉ33 CR (YOY), FLAT (QOQ)
MARGINS AT 14.90% VS 15.00% (YOY), 17.40% (QOQ)
REVENUE UP 37.65% AT βΉ223 CR (YOY), UP 16.75% (QOQ)
EBITDA UP 36% AT βΉ33 CR (YOY), FLAT (QOQ)
MARGINS AT 14.90% VS 15.00% (YOY), 17.40% (QOQ)
ADANI POWER Q2 ; Record Revenue and Profitability Mark Strong Q2 FY27 Performance
142% Y-o-Y growth in PAT to 7,019 Crore, Driven by Strong Operating Performance Amid Rising Power Demand
46% Y-o-Y growth in Q2 FY27 Reported EBITDA at Rs. 8,743 Crore (Continuing EBITDA Rs. 6,321 Crore)
39% Y-o-Y growth in Q2 FY27 Reported Revenue at Rs. 19,951 Crore (Continuing Revenue Rs. 17,528 Crore
142% Y-o-Y growth in PAT to 7,019 Crore, Driven by Strong Operating Performance Amid Rising Power Demand
46% Y-o-Y growth in Q2 FY27 Reported EBITDA at Rs. 8,743 Crore (Continuing EBITDA Rs. 6,321 Crore)
39% Y-o-Y growth in Q2 FY27 Reported Revenue at Rs. 19,951 Crore (Continuing Revenue Rs. 17,528 Crore
ADANI POWER Q2 FY27 (CONS.) ; NET PROFIT UP 141.53% AT βΉ7,019.32 CR (YOY), UP 44.26% (QOQ)
REVENUE UP 44.49% AT βΉ19,438.68 CR (YOY), UP 2.82% (QOQ)
EBITDA UP 54.03% AT βΉ8,728.42 CR (YOY), UP 0.84% (QOQ)
MARGINS AT 44.90% VS 42.12% (YOY), 45.78% (QOQ)
REVENUE UP 44.49% AT βΉ19,438.68 CR (YOY), UP 2.82% (QOQ)
EBITDA UP 54.03% AT βΉ8,728.42 CR (YOY), UP 0.84% (QOQ)
MARGINS AT 44.90% VS 42.12% (YOY), 45.78% (QOQ)
β€2
SHRIRAM FINANCE Q2 FY27 (STANDALONE)
Net Profit: βΉ3,677 Cr β59% YoY | β7% QoQ
NII: βΉ8,415 Cr β40% YoY | β9% QoQ
PPOP: βΉ6,809 Cr β53% YoY | β12% QoQ
Provisions: βΉ1,877 Cr β41% YoY | β28% QoQ
Net Profit: βΉ3,677 Cr β59% YoY | β7% QoQ
NII: βΉ8,415 Cr β40% YoY | β9% QoQ
PPOP: βΉ6,809 Cr β53% YoY | β12% QoQ
Provisions: βΉ1,877 Cr β41% YoY | β28% QoQ
SHRIRAM FINANCE Q2 FY27 : ACTUAL VS ESTIMATES
β’ NET PROFIT AT βΉ3,677 CR VS EST βΉ3,707 CR β MISS BY 0.81% π΄
β’ NII AT βΉ8,414 CR VS EST βΉ8,230 CR β BEAT BY 2.24% π’
β’ NET PROFIT AT βΉ3,677 CR VS EST βΉ3,707 CR β MISS BY 0.81% π΄
β’ NII AT βΉ8,414 CR VS EST βΉ8,230 CR β BEAT BY 2.24% π’
β€2
SBICARD: Q2 SL NET PROFIT 7.8B RUPEES VS 4.4B (YOY); EST 7B
SBICARD: Q2 REVENUE 51.4B RUPEES VS 49.6B (YOY)
SBICARD: Q2 REVENUE 51.4B RUPEES VS 49.6B (YOY)
π2
SHRIRAM FINANCE Q2 : GROSS NPA AT 4.65 % V 4.64 % QOQ π΄π΄
NET NPA AT 2.31 % V 2.33 % QOQ
NET NPA AT 2.31 % V 2.33 % QOQ
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SHRIRAM FINANCE Q2 : TOTAL AUM UP 4.8 % TO 32,90,217 CR YOY, UP 16.5 % YOY
JSW STEEL Q2 FY27
Net Profit: βΉ5,359 Cr β226% YoY | β14% QoQ
Revenue: βΉ54,486 Cr β21% YoY | β15% QoQ
Other Income: βΉ441 Cr vs βΉ284 Cr YoY | β39% QoQ
Net Profit: βΉ5,359 Cr β226% YoY | β14% QoQ
Revenue: βΉ54,486 Cr β21% YoY | β15% QoQ
Other Income: βΉ441 Cr vs βΉ284 Cr YoY | β39% QoQ
β€1
STERLITE TECH Q2 : CO UPGRADED FY 29 MARGINS GUIDANCE
EBITDA Margin target upgraded to above 30% vs >27% earlier
EBITDA Margin target upgraded to above 30% vs >27% earlier
β€1π±1
SBI Cards and Payment Services Ltd β Q2 FY27 FINANCIAL RESULTS HIGHLIGHTS
Financial results for the quarter ended September 30, 2026:
- PAT grew 75% YoY to INR 778 Cr
- Total Revenue increased 3% YoY to INR 5302 Cr
- Cards-in-force grew 8% YoY to 2.32 Cr
- New accounts volume reached 1,106K
- Spends grew 3% YoY to INR 110689 Cr
- Gross NPA decreased to 1.90% from 2.85% YoY
Financial results for the quarter ended September 30, 2026:
- PAT grew 75% YoY to INR 778 Cr
- Total Revenue increased 3% YoY to INR 5302 Cr
- Cards-in-force grew 8% YoY to 2.32 Cr
- New accounts volume reached 1,106K
- Spends grew 3% YoY to INR 110689 Cr
- Gross NPA decreased to 1.90% from 2.85% YoY
JSW STEEL Q2 CONS YOΞ₯
Reports record crude steel production of 7.27 million tonnes
Reports record saleable steel sales of 7.46 million tonnes
Net debt-to-equity ratio stands at 0.39x
Net debt-to-EBITDA ratio stands at 1.28x
Reports record crude steel production of 7.27 million tonnes
Reports record saleable steel sales of 7.46 million tonnes
Net debt-to-equity ratio stands at 0.39x
Net debt-to-EBITDA ratio stands at 1.28x
CMPDI Q2 FY27
Net Profit: βΉ194.84 Cr β9.99% YoY | β67.58% QoQ
Revenue: βΉ593.31 Cr β7.51% YoY | β23.26% QoQ
EBITDA: βΉ267.57 Cr β6.27% YoY | β54.90% QoQ
EBITDA Margin: 45.10% vs 45.63% YoY | 35.90% QoQ
Net Profit: βΉ194.84 Cr β9.99% YoY | β67.58% QoQ
Revenue: βΉ593.31 Cr β7.51% YoY | β23.26% QoQ
EBITDA: βΉ267.57 Cr β6.27% YoY | β54.90% QoQ
EBITDA Margin: 45.10% vs 45.63% YoY | 35.90% QoQ
β€1
JSW STEEL Q2 FY27 β RESULTS VS ESTIMATES π
π― NET PROFIT: βΉ5,359 Cr vs βΉ4,752 Cr est. β 12.77% BEAT π’
π REVENUE: βΉ54,486 Cr β UP 20.7% YoY
π° EBITDA: βΉ10,120 Cr vs βΉ9,849 Cr est. β 2.75% BEAT π’
π EBITDA MARGIN: 18.6% vs 18.2% est. β BEAT BY 40 BPS π’
π― NET PROFIT: βΉ5,359 Cr vs βΉ4,752 Cr est. β 12.77% BEAT π’
π REVENUE: βΉ54,486 Cr β UP 20.7% YoY
π° EBITDA: βΉ10,120 Cr vs βΉ9,849 Cr est. β 2.75% BEAT π’
π EBITDA MARGIN: 18.6% vs 18.2% est. β BEAT BY 40 BPS π’
JANA SMALL FINANCE BANK Q2 FY27 ; NET PROFIT UP 127% AT βΉ170 CR (YOY), UP 10% (QOQ)
NII UP 35% AT βΉ819 CR (YOY), UP 5% (QOQ)
NII UP 35% AT βΉ819 CR (YOY), UP 5% (QOQ)
JANA SFB Q2 : GROSS NPA 2.34% VS 2.39% (QOQ)
NET NPA 1.17% VS 0.91% (QOQ)
NET NPA 1.17% VS 0.91% (QOQ)
JANA SMALL FINANCE BANK Q2 FY27 : SEGMENT WISE (STANDALONE)
TREASURY ; Revenue UP 24.08% YOY to βΉ434.63 Cr, UP 12.20% QOQ
Profit UP 336.49% YOY to βΉ67.08 Cr, UP 29.81% QOQ
CORPORATE / WHOLESALE BANKING ; Revenue UP 11.11% YOY to βΉ107.08 Cr, UP 7.53% QOQ
Profit UP 14.16% YOY to βΉ0.91 Cr, DOWN 83.19% QOQ
RETAIL BANKING ; Revenue UP 14.69% YOY to βΉ2,351.55 Cr, UP 6.22% QOQ
Profit UP 94.50% YOY to βΉ87.44 Cr, UP 25.34% QOQ
OTHER BANKING OPERATIONS ; Revenue DOWN 38.73% YOY to βΉ14.94 Cr, DOWN 46.16% QOQ
Profit DOWN 38.92% YOY to βΉ14.94 Cr, DOWN 46.16% QOQ
TREASURY ; Revenue UP 24.08% YOY to βΉ434.63 Cr, UP 12.20% QOQ
Profit UP 336.49% YOY to βΉ67.08 Cr, UP 29.81% QOQ
CORPORATE / WHOLESALE BANKING ; Revenue UP 11.11% YOY to βΉ107.08 Cr, UP 7.53% QOQ
Profit UP 14.16% YOY to βΉ0.91 Cr, DOWN 83.19% QOQ
RETAIL BANKING ; Revenue UP 14.69% YOY to βΉ2,351.55 Cr, UP 6.22% QOQ
Profit UP 94.50% YOY to βΉ87.44 Cr, UP 25.34% QOQ
OTHER BANKING OPERATIONS ; Revenue DOWN 38.73% YOY to βΉ14.94 Cr, DOWN 46.16% QOQ
Profit DOWN 38.92% YOY to βΉ14.94 Cr, DOWN 46.16% QOQ
JANA SFB Q2 : H1 PBT equal to last FY PBT. Guidance for FY27 PAT raised to 100% increase y-o-y
Highest ever PBT at Rs 170 Crs for Q2 FY27, higher by 127% y-o-y
Improving GNPA at 2.17% and NNPA at 1.08% on GLP
NNPA to be below 1% considering claim lodged and expected in Q3 under Guarantee programs for Rs 68 crores
GLP growth of 22% y-o-y & Deposits growth of 17% y-o-y Secured Assets up 24% y-o-y with Secured book share at ~74% Operating expense lower than previous quarter.
Highest ever PBT at Rs 170 Crs for Q2 FY27, higher by 127% y-o-y
Improving GNPA at 2.17% and NNPA at 1.08% on GLP
NNPA to be below 1% considering claim lodged and expected in Q3 under Guarantee programs for Rs 68 crores
GLP growth of 22% y-o-y & Deposits growth of 17% y-o-y Secured Assets up 24% y-o-y with Secured book share at ~74% Operating expense lower than previous quarter.