HUDCOHousing & Urban Development Corporation Ltd
Strong YoY growth masks QoQ decline; long-term ₹3L Cr target backed by MOUs
infrastructure tailwinds · MOU execution · spread recovery
Research Reports
02 Aug 2026
01 Aug 2026
31 Jul 2026
30 Jul 2026
NSDLNational Securities Depository Ltd
NSDL Q1: consolidated PAT +10% to ₹98 Cr, margins squeezed as depository profit stays flat
depository · margin compression · payments bank
SATINSatin Creditcare Network Ltd
Satin Creditcare Q1 FY27: consol PAT triples YoY to ₹122.6 Cr, beats Street view
microfinance · nbfc · aum growth
NIVABUPANiva Bupa Health Insurance Company Ltd
Niva Bupa Q1: PAT ₹138 Cr, near-doubles YoY on Ind AS basis; combined ratio to 93.6%
health insurance · ind as 117 · combined ratio
BAJFINANCEBajaj Finance Limited
Bajaj Finance Q1: consolidated PAT +28% to ₹6,081 Cr beats street; ROE at 20.4%
nbfc · consumer finance · loan growth
ICRAICRA LTD.
ICRA Q1: consolidated PAT +32% to ₹56 Cr, but ~+13% ex one-offs; Fintellix drives topline
credit rating · research analytics · fintellix acquisition
29 Jul 2026
AFILAkme Fintrade (India) Ltd
Akme Fintrade Q1 FY27: PAT +20% YoY to ₹11.6 Cr, margins compress as funding costs rise
nbfc · vehicle finance · margin compression
STARHEALTHStar Health and Allied Insurance Company Ltd
Star Health Q1: PAT ₹550 Cr, +25% YoY as underwriting profit jumps 7x to ₹111 Cr
health insurance · ind as 117 transition · underwriting profit
BAJAJHFLBajaj Housing Finance Ltd
Bajaj Housing Finance Q1 PAT +23% to ₹715 Cr; NIM compresses as guided, AUM up 24%
housing finance · nbfc · aum growth
INDOSTARIndostar Capital Finance Ltd
IndoStar posts ₹11.5 Cr consolidated PAT, turning profitable as credit costs ease
nbfc · credit cost normalization · turnaround
MASFINMAS Financial Services Ltd
MAS Financial Q1: consolidated PAT +27% to ₹110 Cr, AUM +21%, margins firm, on guidance
nbfc · msme financing · aum growth
MAHSCOOTERMAHARASHTRA SCOOTERS LTD.
Maharashtra Scooters Q1: standalone PAT ₹3.3 Cr, -91% YoY on a dividend-free quarter
holding company · core investment company · dividend income
28 Jul 2026
PFSPTC INDIA FINANCIAL SERVICES LTD.
PTC Fin Services Q1FY27: PAT ₹40Cr, -71% YoY on high base; disbursements miss guidance
nbfc lending · profit decline · one-off base effect
TATACAPTata Capital Ltd
Tata Capital Q1: consolidated PAT up 56% to ₹1,547 Cr as credit costs ease, margins expand
nbfc · diversified lending · pat growth
PINELABSPine Labs Ltd
Pine Labs Q1: consolidated PAT quadruples to Rs20 Cr as revenue rises 20% YoY, PBT turns positive
fintech · payments · upi
CHOLAFINCholamandalam Investment and Finance Company Ltd
Chola Q1: consolidated PAT jumps 46% YoY to ₹1,656 Cr as credit costs stay benign
nbfc · vehicle finance · margin expansion
PINELABSPine Labs Ltd
The growth-vs-integration test: Can Pine Labs defend 21% guidance through a management shift and Shopflo onboarding?
fintech · payments · profitability
STARHEALTHStar Health and Allied Insurance Company Ltd
Growth and Margin Momentum Into Q1—Street Awaits Premium Growth Run
health insurance · premiums · combined ratio
27 Jul 2026
CGCLCapri Global Capital Limited
Capri Global Q1: consolidated PAT doubles YoY to ₹353 Cr as NIM-led income drives margin expansion
nbfc · gold loans · aum growth
HOMEFIRSTHome First Finance Company India Ltd
Home First Q1 posts standalone PAT ₹160 Cr, up 34% YoY on NIM expansion; beats Street
affordable housing finance · nbfc · margin expansion
NORTHARCNorthern Arc Capital Ltd
Northern Arc Q1: consolidated PAT up 46% YoY to ₹114 Cr as credit cost eases, NPM widens
nbfc · diversified lending · aum growth
HUDCOHousing & Urban Development Corporation Ltd
HUDCO Q1 profit up 35% YoY to ₹851 Cr as loan income and fading FCNR drag lift margins
housing finance · infrastructure lending · loan book growth
MANBAManba Finance Ltd
Manba Finance standalone revenue up 38%, PAT up 36% YoY in Q1 FY27
nbfc · vehicle finance · two wheeler loans
IRFCIndian Railway Finance Corporation Ltd
Can IRFC Sustain Credit Growth Amid Promoter Overhang? Watch NIM & Disbursals
credit growth · net interest margin · asset quality
ABCAPITALAditya Birla Capital Ltd
Growth on Track: AUM Momentum & Capital Deployment Before Q1 Print
AUM growth · wealth management · insurance premiums
MUTHOOTFINMUTHOOT FINANCE LTD.
Gold Lending Compounder—Valuation Debate Ahead of Q1 Print
gold lending · AUM growth · earnings
25 Jul 2026
POONAWALLAPoonawalla Fincorp Ltd
Poonawalla Fincorp Q1FY27: consolidated PAT up 391% YoY to ₹308 Cr, NPM expands to 13.2%
nbfc · profit surge · margin expansion
SHARDULSHARDUL SECURITIES LTD.
Shardul Securities: The Conviction Bet—When Promoters Buy Below Their Own Acquisition Price
insider buying · promoter conviction · micro-cap turnaround
ResearchFollow-up6 minFinancial Services