Pick of the Week

Jana Small Finance Bank is undergoing a strong transformation, shifting from a microfinance-led model to a diversified, secured lending franchise. Growth is being driven by expansion in secured segments like housing, gold, and vehicle loans, supported by robust deposit mobilization and improving CASA mix. Asset quality has improved following aggressive clean‑up efforts, leading to lower […]

Sagility reported better-than-expected performance in Q4FY26, marking another strong quarter supported by solid traction across its global client portfolio. Consolidated revenue rose by 2.7% QoQ and 29.1% YoY to Rs 2,024 crore in Q4FY26, led by broad-based growth across segments and geographies. In USD terms, revenue remained largely flat QoQ but increased 17.2% YoY to […]

Shriram Finance delivered strong FY26 performance with healthy AUM and NII growth, supported by stable margins. Growth is expected to accelerate, driven by improved pricing, diversified liabilities, and expansion into MSME and non‑CV segments. Asset quality trends remain favorable, though sensitivity to freight rates and fuel costs persists. Lower funding costs and operating efficiency initiatives […]

INOX Wind’s integrated manufacturing and turnkey capabilities position it to benefit from India’s strong wind capacity expansion outlook. Growing installations support long-term O&M revenue visibility and operating leverage. Despite execution and cost risks, medium-term growth remains supported by sector tailwinds. Maintain positive outlook with measured caution on aggressive guidance amid macro, supply-chain, and working capital […]

West Coast Paper Mills operates an integrated paper business with strong positioning in writing and printing paper, supported by its subsidiary Andhra Paper. Operations benefit from captive pulp and power capabilities, ensuring cost efficiencies. Growth is supported by improved realizations, product mix enhancement, and expansion in optical fiber cables, which is increasing in share. Ongoing […]

CESC is strategically pivoting toward renewables, with capacity set to scale sharply from 300 MW in FY26 to 3.2 GW by FY29 and 10 GW by FY32. A significant portion of this capacity will support captive consumption, reducing power procurement costs and enhancing margins, while the balance will drive growth via third-party sales. The company’s […]

Tata Consumer delivered a strong Q4FY26 led by robust India-branded volume growth and sustained momentum across core categories. Continued expansion of its foods portfolio, integration of recent acquisitions, and rising innovation intensity are strengthening its multi-category presence. Distribution transformation and improved execution are driving growth, while operating leverage and scale benefits support margin expansion and […]

Five Star Business Finance is a secured lending NBFC focused on micro‑entrepreneurs and informal sector borrowers, backed by self‑occupied residential properties. With two decades of operating history, the company has built strong underwriting and collection capabilities, enabling rapid AUM compounding across cycles. Its presence remains strongest in southern India, with gradual geographic diversification underway. Despite […]

FY26 for ITC reflects steady execution amid a challenging policy backdrop. The sharp stock correction following the February 2026 cigarette tax revamp overlooks ITC’s proven resilience across past tax cycles. Cigarettes remain a highly durable cash engine, contributing ~80% of EBIT, with ITC historically sustaining market share through calibrated price hikes despite near-term volume pressure. […]

Supriya Lifescience Ltd. is a niche-focused API manufacturer with a differentiated portfolio of 40 APIs across multiple therapeutic segments, characterized by limited competition. The company is India’s largest exporter of Chlorpheniramine Maleate and Ketamine Hydrochloride, and among the largest exporters of Salbutamol Sulphate. It serves 1,500+ customers across 120+ countries, with a strong presence in […]