StockWatch
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Research Reports

20 Jul 2026
ICICIGIICICI Lombard General Insurance Company Ltd

Profitability crashed 46%, Motor TP judgement a structural crater

Motor TP headwind · margin compression · retail health growth

TranscriptDeep diveQ1 FY276 minFinancial Services
HERITGFOODHeritage Foods Limited

Record revenue, profit collapse: margin crisis obscures growth

VAP expansion · procurement inflation · margin compression

TranscriptDeep diveQ1 FY276 minFMCG
MUTHOOTCAPMUTHOOT CAPITAL SERVICES LTD.

Quality over growth: GNPA halves but near-term revenue lags industry

asset quality recovery · co-lending exit · rate upgrade benefit

TranscriptDeep diveQ1 FY276 minFinancial Services
POLYCABPolycab India Ltd

Revenue guidance hit, but volume soft and margins pricing-driven

volume deceleration · pricing power · FMEG momentum

TranscriptDeep diveQ1 FY276 minIndustrials & Infra
ANANDRATHIAnand Rathi Wealth Ltd

Organic growth solid, PAT inflated by mark-to-market gains

adjusted PAT · MTM gains · AUM growth

TranscriptDeep diveQ1 FY276 minFinancial Services