The IT major reports a steady quarter with revenue uptick, stable margins, and healthy orders
Order inflows showed strength and the pipeline looks healthy
Expectations are for a conservative approach with no negative surprises
Steady volumes and disciplined execution drive operating leverage surprise
With a reasonably high RoA, the valuation looks reasonable despite the stock’s outperformance
GST rate cuts and rural recovery support volume momentum
Early updates point to a sequential improvement in consumption demand as the policy backdrop had strengthened
Valuations reasonable and there is no major concern about asset quality or capital adequacy
Its dominant presence in a niche segment, strong order book, robust project pipeline, and ongoing capacity enhancements provide clear and sustained earnings visibility
Besides macro and earnings stability, a relatively attractive valuation continues to remain a key determinant for the Indian stock market
It appears that a stable taxation regime is over for the cigarette industry
India Shelter Finance Corporation operates in a segment which represents the fastest-growing and most attractive sub-segment within HFCs
New growth drivers as well core market demand augur well for the company which is in an expansion mode
While investors can play micro-lending through SFBs, a lower cost structure, higher earnings growth, and the potential to convert or being acquired by a bank make a pure-play MFI like MML a worthy bet
Upside potential is high and it is time to start preparing for another exciting year
The IPO stories of the year offered many lessons for companies as well as retail investors. The year showed that merely being in a trending sector will not help companies and indiscriminate subscriptions will not reward investors
The company is well placed, both on asset quality and growth trajectory
There is a clear disconnect between monetary easing and bond market performance as G-Sec yields have risen, despite aggressive cuts in policy rates
AI-led engineering, Data and cloud services are likely to deliver $2 billion revenue in FY27 for the combined entity, out of a total revenue of $2.5 billion
Improving unit economics, operating leverage, and capital discipline are increasingly shaping returns as the sector moves beyond scale-led growth
The pace of improvement in profitability is a key factor for stock re-rating
The expansion will deepen penetration and strengthen market standing in South Africa
Sequential growth returns in Q2FY26 though margins and client concentration remain key watchpoints
Expanding business growth, sector tailwinds, stable asset quality, and merger benefits augur well for the NBFC
For the local industry to perform, new AI-led services must offset the deflationary impact of AI on the existing revenue stream