Amber Enterprises Keeps Its Cool While India’s AC Industry Sweats

India’s largest contract manufacturer for room air conditioners posted a blockbuster quarter, proving it can grow even when the industry it dominates is going nowhere fast There is a certain audacity in posting 38% revenue growth in a quarter when your core industry is essentially flat. Amber Enterprises, India’s largest original design manufacturer for room … Read more

Eicher Motors Is Riding a Volume Wave, But is the Road Ahead Justifying the Fare?

Royal Enfield’s dominance in the mid-size motorcycle segment is undisputed but what next Eicher Motors just delivered a quarter that silenced the sceptics. Revenue grew 23% year-on-year to Rs 61.1 billion, beating both brokerage and consensus estimates. Volumes surged 21%. EBITDA margins expanded 131 basis points to 25.5%. Adjusted profit after tax climbed 26% to … Read more

How Navin Fluorine Is Winning the Chemistry Test

A blowout quarter across every business line has brokerages cheering, but the valuations is another story India’s fluorine chemistry champion just delivered the kind of report card that would make any promoter beam. Navin Fluorine International crushed estimates across the board in the December quarter — revenue, EBITDA, and profit after tax all came in … Read more

BSE’s Business Machine Just Hit Another Gear

India’s oldest exchange posted a 61 percent revenue surge in Q3 as its options business continues to eat into NSE’s dominance. Brokerages raise their targets. There was a time not too long ago when BSE’s derivatives business was an afterthought. That time is over. The exchange formerly known as the Bombay Stock Exchange reported revenues … Read more

BEML Just Posted a Loss. But Why Is The Street Not Panicking

A cost blowout wiped out margins in Q3. The real question is whether the March quarter can salvage the year. BEML had a quarter most companies would rather forget. The state-owned heavy equipment maker reported revenues of Rs 1,083 crore for the third quarter of FY26, a solid 24 percent jump from Rs 876 crore … Read more

Tata Motors PV Faces Speed Bumps as JLR Struggles Overshadow Domestic Strength

Tata Motors Passenger Vehicles is navigating a challenging period as its luxury arm Jaguar Land Rover (JLR) grapples with multiple headwinds, even as the company’s India business continues to deliver robust growth, according to recent analyst reports. The contrasting performance of the automaker’s two key segments has prompted sharply divergent views from analysts, with the … Read more

Nykaa’s Beauty Engine Purrs, but Fashion Still Needs More Than Makeup

Advertising revival and owned-brand momentum lift India’s fashion e-commerce platform, yet profitability puzzle remains only half-solved The monsoon has ended for Nykaa’s advertising business, and investors should be relieved. FSN E-Commerce Ventures, the Mumbai-listed beauty and fashion platform, delivered its strongest quarterly performance in over a year during the three months ended December, driven by … Read more

Bharti Airtel’s Cash Machine Hums, But Is Growth Priced In?

India’s telecom leader posted another strong quarter with ARPU hitting Rs 259 and free cash flow at Rs 194 billion.  Bharti Airtel continues executing flawlessly, posting its third consecutive quarter of steady growth with average revenue per user climbing to Rs 259 and free cash flow generation hitting Rs 194 billion. The company added 4.4 … Read more

Is Hero MotoCorp’s Well-Oiled Machine Ready to Shift to Higher Gears

India’s largest two-wheeler maker posted 21% revenue growth while finally gaining traction in scooters and premium bikes. Hero MotoCorp is proving that market leadership doesn’t require standing still. The company that built an empire selling 100-125cc commuter motorcycles is systematically expanding into scooters, premium bikes, and electric vehicles—all while maintaining its core business momentum. Third-quarter … Read more