EUREKAFORBEureka Forbes Ltd
Eureka Forbes Q1FY27: consolidated PAT +47% flattered by one-off; OPM slips to 9.9%
consumer durables · water purifiers · margin compression
Research Reports
12 Aug 2026
SOMANYCERASOMANY CERAMICS LTD.
Somany Ceramics Q1 FY27: PAT up 4x YoY, margins already ahead of FY27 guidance
ceramic tiles · margin expansion · price hikes
WSTCSTPAPRWEST COAST PAPER MILLS LTD.
West Coast Paper: Q1 consol. PAT +135% YoY to ₹142Cr on telecom cables surge
paper · telecom cables · margin expansion
GRASIMGRASIM INDUSTRIES LTD.
Grasim Q1 FY27: PAT +39% YoY to ₹3,846 Cr as margins widen; standalone swings to profit
building materials · financial services · margin expansion
ICILINDO COUNT INDUSTRIES LTD.
Indo Count Q1 FY27: consolidated PAT +67% YoY to ₹63 Cr as margins expand toward guidance
textiles · home textiles · margin expansion
LOKESHMACHLOKESH MACHINES LTD.
Lokesh Machines Q1FY27: revenue up 15% YoY, OPM compression keeps PAT thin at Rs1.01 Cr
capital goods · machine tools · margin compression
SAHYADRISAHYADRI INDUSTRIES LTD.
Sahyadri Industries Q1 FY27: standalone PAT up 146% YoY to ₹26.5 Cr as margins expand sharply
building materials · asbestos cement sheets · margin expansion
AIMLALLIANCE INTEGRATED METALIKS LTD.
AIML: standalone loss widens 11% YoY to ₹22.98 Cr; NPA, going-concern doubt persist
npa loans · going concern · one-time settlement
DECCANCEDECCAN CEMENTS LTD.-$
Deccan Cements Swings to ₹7.4 Cr Consolidated Loss in Q1 FY27 as Costs Outpace Revenue
cement · net loss · finance costs
FLUOROCHEMGujarat Fluorochemicals Ltd
Consolidated PAT +20% YoY to ₹219 Cr, misses Street's ₹276 Cr view; EV losses widen
specialty chemicals · fluoropolymers · ev battery materials
VASCONEQVascon Engineers Ltd
Vascon Q1 FY27: consolidated PAT falls 91% YoY (~60% adjusted) as revenue drops 31%
epc slowdown · margin compression · one-off gain adjustment
RICOAUTORICO AUTO INDUSTRIES LTD.
Rico Auto swings to Rs 3.4 Cr consolidated loss in Q1 FY27 despite 39% revenue growth
auto components · margin compression · raw material cost
RUCHIRARUCHIRA PAPERS LTD.
Ruchira Papers Q1 FY27: standalone PAT down 64% YoY to ₹6.1 Cr as margins compress
paper industry · margin compression · raw material costs
ADCINDIAADC India Communications Limited-$
ADC India Q1 FY27: standalone PAT +73% YoY to ₹8.6 Cr, telecom surge lifts margins
telecom segment growth · it networking segment · margin expansion
KIRLOSINDKirloskar Industries Ltd
Kirloskar Industries Q1FY27: Consol PAT -67% YoY on tax base effect; adjusted ~-16%
steel margin compression · tax base effect · deferred tax reversal
STALLIONStallion India Fluorochemicals Ltd
Stallion India Q1 FY27: standalone PAT jumps 79% YoY to ₹18.6 Cr as margins expand sharply
specialty gases · refrigerant gases · margin expansion
MIDHANIMishra Dhatu Nigam Ltd
MIDHANI Q1 FY27: Consol PAT +27% YoY to ₹16.5 Cr, OPM Slips to ~15% from ~20%
defence psu · special metals · margin compression
KIRIINDUSKIRI INDUSTRIES LTD.
Kiri Industries: revenue +55% YoY, but PAT surge mostly one-off treasury gains, not ops
dyes and intermediates · treasury gains · other income
NPLNational Peroxide Ltd
National Peroxide Q1 FY27: standalone PAT jumps 7x YoY to ₹6.6 Cr; margin eases QoQ
hydrogen peroxide · margin compression · raw material cost
JYOTHYLABJyothy Labs Ltd
Jyothy Labs Q1 FY27: standalone PAT falls 51% YoY to ₹47.6 Cr as input costs hit margins
fmcg · margin compression · input cost inflation
YSLThe Yamuna Syndicate Ltd
Yamuna Syndicate Q1 FY27: consolidated PAT ₹5.06 Cr, core standalone profit +28% YoY
castrol lubricants · battery distribution · associate equity pickup
HITECHHi-Tech Pipes Ltd
Hi-Tech Pipes Q1FY27: consol PAT dips 4% YoY to ₹20 Cr as trading surge dilutes margins
steel pipes · trading mix · margin compression
PATELRMARTPatel Retail Ltd
Patel Retail Q1 FY27: revenue soars 70% YoY, margin slips to 6.1%, PAT growth overstated
retail · smallcap ipo · margin compression
INNOVISIONInnovision Ltd
Innovision swings to ₹7.4 Cr consolidated loss in Q1FY27 as toll margins collapse
toll operations · nhai contracts · margin compression
MARKSANSMARKSANS PHARMA LTD.
Marksans Q1 FY27: consolidated PAT jumps 174% YoY to ₹159 Cr as NPM expands to ~19%
margin expansion · acquisition led growth · low base yoy
TOTEMForbes Precision Tools and Machine Parts Ltd
Forbes Precision Tools PAT surges 137% YoY to Rs9.03 Cr as margins expand off Q4 highs
cutting tools · engineering components · margin expansion
MMTCMMTC LTD.
MMTC: When an Audit Qualification Wipes ₹82.82 Crore Off Net Profit
audit qualification · Anglo Coal · contingent liability
ResearchDeep dive5 minMetals & Mining
IGCLIndogulf Cropsciences Ltd
Indogulf Q1 FY27: consolidated PAT down 38% YoY as margins compress to 1.4%
agrochemicals · margin compression · yoy decline
MUKANDLTDMUKAND LTD.
Mukand Q1 FY27: consolidated PAT ₹57 Cr, up 98% YoY but flattered by land-sale gain
specialty steel · land sale gain · one-off other income
PANAMAPETPANAMA PETROCHEM LTD.
Panama Petrochem consolidated PAT surges 625% YoY on margin expansion to 22.4% OPM
specialty petroleum · margin expansion · opm expansion