Bajaj Housing Finance shares fell nearly 1 percent on July 24, a day after the company released its results for the first quarter of the financial year 2026. KFC-operator Sapphire Foods shares also fell nearly 1 percent in morning trade, while Senores Pharma shares rallied over 12 percent.
The companies had released their respective results on July 23.
Bajaj Housing Finance Q1 Results:
Bajaj Housing Finance on July 23 reported a net profit of Rs 583 crore for Q1 FY26. This marks a 21 percent on-year rise from the Rs 483 crore net profit reported in the corresponding quarter of the previous financial year. However, the net profit fell marginally on a sequential basis from the Rs 587 crore reported in the previous quarter (Q4 FY25).
The firm's revenue from operations rose 18 percent on-year and over 4 percent sequentially to Rs 2,616 crore during the quarter under review. Motilal Oswal Financial Services noted that the company's management has cut its FY26 AUM guidance to 21-23 percent, due to heightened competitive intensity on the acquisition of new loans, increased portfolio attrition, coupled with moderation in real estate demand.
The company's management also said that net interest margin will decline by 15-20 bps in FY26 due to a reduction in investment income (which in FY25 was higher due to two rounds of capital raises) and lower income on derecognized loans due to the lower quantum of assignments planned in FY26, the domestic brokerage said.
The shares of the company were down nearly 1 percent to trade at Rs 121 apiece. The stock has gained over 11 percent in the past six months, but is down nearly 5 percent in 2025 so far. It fell around 27 percent in the past one year.
Sapphire Foods Q1 Results:
KFC and Pizza Hut-operator Sapphire Foods reported a net loss of Rs 1.8 crore in Q1 FY26. This marks a significant decline from the Rs 8.5 crore net profit reported in the corresponding quarter of the previous financial year. The firm's revenue from operations meanwhile rose 8 percent on year to Rs 777 crore.
In Q1 FY26, Sapphire Foods added 8 KFC restaurants and 2 Pizza Hut outlets in India, and 1 Pizza Hut in Sri Lanka. Sapphire Foods total restaurant count stood at 974 at the end of the quarter. EBITDA declined nearly 9 percent on-year to Rs 113.4 crore, and EBITDA margin fell to 14.6 percent.
JM Financial kept a 'Buy' call on the stock, with a target price of Rs 360 apiece. This implies an upside potential of nearly 5 percent from the stock’s previous closing price.
"Sapphire's revenue growth was tepid at 8% YoY (4% miss) led by 11%/19% growth (4%/10% miss) in KFC/Sri Lanka businesses, while Pizza Hut (PH) business registered decline of 6% YoY (10% miss). SSSG for KFC was flat YoY with low single digit positive SSTG after several quarters led by higher value offerings ... Demand recovery holds the key for the management’s initiatives to bear fruit; we believe we are now near the bottom of the earning cuts cycle and could witness a sharp uptick in margin and profitability once the demand environment improves," the brokerage said.
Motilal Oswal also maintained a 'Buy' rating on the stock, with a target price of Rs 400 apiece, implying an upside potential of nearly 16 percent from the current levels. "The company continues to face challenges in unit economics, with dine-in seeing more pressure than delivery. To drive recovery, the focus remains on product innovation, enhancing customer engagement, and strengthening value-led offerings. However, improvement in ADS and SSSG will be key monitorables, as they are essential for restoring unit-level profitability. The store expansion spree is expected to slow down in FY26 (mainly in PH) to fix profitability metrics," the domestic brokerage said.
Sapphire Foods shares dropped nearly 1 percent to trade at Rs 341 apiece. The stock has dropped nearly 7 percent in the past five days, but gained nearly 5 percent in the past one month. The shares of the company have gained nearly 12 percent in the past six months.
Senores Pharma Q1 Results:
Senores Pharma reported a net profit of Rs 19.73 crore for the first quarter of the financial year 2026. This marks a whopping 84 percent on-year surge from the Rs 10.73 crore net profit reported in the corresponding quarter of the previous financial year.
The firm's revenue from operations meanwhile grew nearly 72 percent on-year to Rs 138 crore during the quarter under review.
The shares of the company rallied over 12 percent to trade at Rs 686 apiece in the morning.
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