CompoundingAI @compoundingaiin

@Stockibull Hey Gitesh, You can check out Turtlemint Q1 FY27 results here. compoundingai.in/share/kyqGoCeR…

We keep adding companies to our watchlist, but rarely have time to track them. With Agentic Chat, ask questions that would take an analyst hours to answer and get answers in minutes. Upload your watchlist to Portfolio Manager & give it a try. Example- compoundingai.in/share/ZfAYlU0q…

@ETNOWlive For JSW Steel in Q1 FY27, total subsidiary contribution swung from −₹33 Cr in Q1 FY26 to +₹1,825 Cr, an ₹1,858 Cr improvement. x.com/compoundingaii…

CompoundingAI @compoundingaiin

15 hours ago

Login to CompoundingAI to track results live! (Link in Bio) JSW Steel Q1 FY27 Result Analysis Revenue: ₹47,364 Cr | +18.8% YoY (comparable PF, ex-BPSL) Adj. EBITDA: ₹9,373 Cr | +31.9% YoY | margin 19.8% (was 17.8%) PAT to owners: ₹4,651 Cr | +113% YoY Zero exceptional

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@REDBOXINDIA For JSW Steel in Q1 FY27, total subsidiary contribution swung from −₹33 Cr in Q1 FY26 to +₹1,825 Cr, an ₹1,858 Cr improvement. x.com/compoundingaii…

CompoundingAI @compoundingaiin

15 hours ago

Login to CompoundingAI to track results live! (Link in Bio) JSW Steel Q1 FY27 Result Analysis Revenue: ₹47,364 Cr | +18.8% YoY (comparable PF, ex-BPSL) Adj. EBITDA: ₹9,373 Cr | +31.9% YoY | margin 19.8% (was 17.8%) PAT to owners: ₹4,651 Cr | +113% YoY Zero exceptional

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@business For JSW Steel in Q1 FY27, total subsidiary contribution swung from −₹33 Cr in Q1 FY26 to +₹1,825 Cr, an ₹1,858 Cr improvement. x.com/compoundingaii…

CompoundingAI @compoundingaiin

15 hours ago

Login to CompoundingAI to track results live! (Link in Bio) JSW Steel Q1 FY27 Result Analysis Revenue: ₹47,364 Cr | +18.8% YoY (comparable PF, ex-BPSL) Adj. EBITDA: ₹9,373 Cr | +31.9% YoY | margin 19.8% (was 17.8%) PAT to owners: ₹4,651 Cr | +113% YoY Zero exceptional

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@CNBCTV18Live @Nigel__DSouza For JSW Steel in Q1 FY27, total subsidiary contribution swung from −₹33 Cr in Q1 FY26 to +₹1,825 Cr, an ₹1,858 Cr improvement. x.com/compoundingaii…

CompoundingAI @compoundingaiin

15 hours ago

Login to CompoundingAI to track results live! (Link in Bio) JSW Steel Q1 FY27 Result Analysis Revenue: ₹47,364 Cr | +18.8% YoY (comparable PF, ex-BPSL) Adj. EBITDA: ₹9,373 Cr | +31.9% YoY | margin 19.8% (was 17.8%) PAT to owners: ₹4,651 Cr | +113% YoY Zero exceptional

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@NDTVProfitIndia @StocksRoyale1 For JSW Steel in Q1 FY27, total subsidiary contribution swung from −₹33 Cr in Q1 FY26 to +₹1,825 Cr, an ₹1,858 Cr improvement. x.com/compoundingaii…

CompoundingAI @compoundingaiin

15 hours ago

Login to CompoundingAI to track results live! (Link in Bio) JSW Steel Q1 FY27 Result Analysis Revenue: ₹47,364 Cr | +18.8% YoY (comparable PF, ex-BPSL) Adj. EBITDA: ₹9,373 Cr | +31.9% YoY | margin 19.8% (was 17.8%) PAT to owners: ₹4,651 Cr | +113% YoY Zero exceptional

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@ZeeBusiness For JSW Steel in Q1 FY27, total subsidiary contribution swung from −₹33 Cr in Q1 FY26 to +₹1,825 Cr, an ₹1,858 Cr improvement. x.com/compoundingaii…

CompoundingAI @compoundingaiin

15 hours ago

Login to CompoundingAI to track results live! (Link in Bio) JSW Steel Q1 FY27 Result Analysis Revenue: ₹47,364 Cr | +18.8% YoY (comparable PF, ex-BPSL) Adj. EBITDA: ₹9,373 Cr | +31.9% YoY | margin 19.8% (was 17.8%) PAT to owners: ₹4,651 Cr | +113% YoY Zero exceptional

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Login to CompoundingAI to track results live! (Link in Bio) Navkar Corporation Q1 FY27 Result Analysis Revenue: ₹190.75 Cr | +37.8% YoY | −5.0% QoQ (seasonal) EBITDA: ₹33.14 Cr | +62.1% YoY | margin 17.37% (was 14.76%) PAT: ₹12.28 Cr | +401% YoY Zero exceptional items. Zero current tax. The 401% PAT growth needs immediate context - the base was ₹2.45 Cr in Q1 FY26, barely breakeven. The real story is whether the margin trajectory is improving or deteriorating. The answer is: both, depending on which direction you look. YoY: EBITDA margin expanded 261 bps from 14.76% to 17.37% - operating leverage from volume growth is real and materialising. Revenue nearly doubled over two years. The Arakkonam GCT terminal (commissioned April 2026) contributed its first full quarter. Fleet of 42 rakes now fully deployed. QoQ: Margin compressed 248 bps from Q4 FY26's 19.85%. Operating expenses grew 38.4% YoY, fractionally outpacing revenue's 37.8%. The culprit is diesel - cumulative hikes of ~₹7.5–8/L through Q1 flowed directly into the operating cost line, which sits at 72.2% of revenue. When your largest cost is fuel, you need volumes to run ahead of price. In Q1 they didn't. The key question is whether Q4 FY26's 19.85% was the run-rate or the ceiling. Management's FY27 EBITDA target implies ~₹160 Cr for the full year. Q1 annualises to ~₹133 Cr - on track, but the remaining three quarters need to average ~₹42.3 Cr against Q1's ₹33.14 Cr. That step-up requires either margin recovery or another leg of volume growth. Finance costs declined 16.5% YoY to ₹3.23 Cr - deleveraging continues. ETR of 25.2% is all deferred tax with zero current tax outflow, a clean cash flow positive. Three things not in this filing: no volume or utilisation data (60% in Q4 FY26, target 80–90%), no balance sheet (trade receivables grew 58% YoY in FY26 vs revenue +41% - that flag remains open), and no update on the Fujairah terminal insurance recovery. Watch: Whether diesel costs stabilise enough for margin to recover toward 19%+. And whether utilisation disclosure returns in subsequent quarters - without it, the quality of the revenue growth is hard to assess. Note: This is not investment advice.

Login to CompoundingAI to track results live! (Link in Bio) JSW Steel Q1 FY27 Result Analysis Revenue: ₹47,364 Cr | +18.8% YoY (comparable PF, ex-BPSL) Adj. EBITDA: ₹9,373 Cr | +31.9% YoY | margin 19.8% (was 17.8%) PAT to owners: ₹4,651 Cr | +113% YoY Zero exceptional items. Net Debt fell ₹7,713 Cr in a single quarter. Note first: BPSL was deconsolidated in March 2026. All comparisons are on a proforma basis otherwise the YoY base isn't comparable. Revenue grew 18.8% but PAT grew 113%. The cause is legitimate: operating leverage plus a collapse in finance costs. Start with margin. Management had guided coking coal up $12–15/tonne. Materials did rise 19.2% QoQ. Adj. EBITDA margin expanded 130 bps QoQ anyway, to 19.8%. Adj. EBITDA per tonne hit ₹14,990 - up 27% YoY. NSR improvement more than absorbed the input cost headwind. That is the most important number in the filing. Finance costs fell 22.8% YoY to ₹1,712 Cr. Interest coverage expanded from 3.78x to 7.08x in a year. This is what structural deleveraging looks like when it flows through the P&L. Balance sheet: Net Debt fell ₹7,713 Cr in one quarter to ₹46,157 Cr, driven by the JFE second tranche of ₹7,875 Cr on June 30. ND/EBITDA at 1.46x vs a ceiling of 3.0x. Both Fitch (BB+ Positive) and CARE (AA+) upgraded in the same fortnight. Subsidiaries were the other driver. JVML Adj. EBITDA surged 138% YoY, delivering ₹1,223 Cr PAT. Coated Products added ₹354 Cr. Total subsidiary contribution swung from −₹33 Cr in Q1 FY26 to +₹1,825 Cr, an ₹1,858 Cr improvement. Capex: ₹4,869 Cr in Q1 against FY27 guidance of ₹22,000–24,000 Cr. BF-3 at Vijayanagar restarted June 23, that 1.5 MTPA increment starts showing in Q2. Sales volumes fell 12% QoQ but that's seasonal; YoY sales grew 4%. Watch: Whether NSR-led margin expansion holds as India turned net importer in May 2026. BF-3 ramp in Q2 is the first clean production read. BMM Ispat amalgamation expected Q4 FY27. Note: This is not investment advice.

Read Havells India Q1 FY27 complete result breakdown compoundingai.in/share/cDAZy3V2…

Login to CompoundingAI to track results live! (Link in Bio) Havells India Q1 FY27 Result Analysis Revenue: ₹6,510 Cr | +19.7% YoY EBITDA: ₹474 Cr | −8.8% YoY | margin 7.3% (was 9.6%) PAT: ₹298 Cr | −15.3% YoY Zero exceptional items. Near debt-free. Revenue grew 20% but EBITDA fell 9%. That's a gap you need to explain before forming a view. One line explains it: A&SP (advertising and sales promotion) doubled from ₹142 Cr to ₹286 Cr - up 100.8% YoY, now 4.4% of revenue vs 2.6% a year ago. That's ₹144 Cr of incremental brand spend in a single quarter. Strip it out and the underlying operating margin is essentially unchanged from Q1FY26. Other SG&A actually improved 100 bps YoY to 8.5% of revenue. The core cost discipline is intact- the question is purely about the A&SP investment call. Which brings you to Lloyd. Lloyd Consumer revenue grew 15.7% YoY to ₹1,460 Cr - the brand is gaining traction. But EBIT losses nearly tripled from -₹20 Cr to -₹51 Cr. The A&SP investment is clearly flowing into Lloyd, which is in an active market-share-building phase in ACs, refrigerators, and washing machines. This is an intentional P&L trade-off. Whether it's the right trade-off depends on whether the market share gains are durable and that won't show in one quarter. Across the Havells segments (ex-Lloyd), every margin compressed YoY. Switchgear at 20.8% (-260 bps), Cables at 10.4% (-220 bps), ECD at 5.2% (-270 bps). Some of this is the A&SP allocation, some is the competitive environment. Renewables is a new standalone SBU - ₹314 Cr revenue (+235.9% YoY, solar/BESS/EV chargers) at a thin 2.7% EBIT as it scales. Cables at ₹2,456 Cr (+27% YoY) remains the largest segment - partly copper price aided, partly volume. Operating cash flow was -₹186 Cr in Q1 driven by working capital absorption (inventory up ₹618 Cr, mainly Cables) and heavy capex of ₹332 Cr. Full-year capex guided at ₹1,400 Cr, primarily for Cable capacity expansion and a new R&D centre. Cash at end of Q1: ₹1,497 Cr. ROE at 18.1% (TTM). Debtor days improved sharply from 16 to 11. Net working capital days down from 43 to 40. Note : This is not an investment advise.

Jio Financial Services Q1 FY27 Concall JIOFIN is scaling to 25M+ app users and AMC AUM at ₹18,412cr. Powered by 16 autonomous AI agents, the platform is driving a daily run rate of ~34,000 product purchases. Read about their transformation in concall- compoundingai.in/share/goJmVLPS…

Jio Financial Services(JIOFIN) Q1 FY27 Concall Income up 141% YoY to ₹1,496cr. Lending AUM hit ₹30,667cr (up 2.6x). Payments hit operational turnaround. With 130 AI agents, they’ve cut credit assessment time by 76%. Read the Q1 concall- compoundingai.in/share/goJmVLPS…

Tech Mahindra(TechM) Q1 FY27 Concall TechM is moving beyond AI hype. With 350+ agents and outcome linked contracts-targeting 40% fewer tickets in healthcare, they are embedding AI into the business core. Read about their transformation in concall: compoundingai.in/share/2AUX39RZ…

Tech Mahindra(TechM) Q1 FY27 Concall Revenue up 6.1% YoY, headcount down 7% YoY. By using AI to boost productivity instead of backfilling, they hit 14.4% EBITDA. Management is rejecting "irrational" industry productivity guarantees. Details in concall: compoundingai.in/share/2AUX39RZ…

Login to CompoundingAI to track live results! (Link in Bio) Alok Industries Q1 FY27 Result Analysis Revenue: ₹993.11 Cr | +6.50% YoY (highest quarterly growth in series) EBITDA: ₹62.48 Cr | 6.29% margin (3.7× QoQ, 2.3× YoY - best in series) Net Loss: −₹138.25 Cr (improved ₹33.31 Cr YoY, ₹54.29 Cr QoQ) Normalised loss (ex-insurance exceptional): −₹155.45 Cr (improved 21.2% YoY) The headline is unambiguously the EBITDA improvement. From ₹16.60 Cr at 1.69% margin in Q4FY26 to ₹62.48 Cr at 6.29% in Q1FY27 - a near 4× sequential jump, the strongest quarterly operating result in the available data. The standalone EBITDA of ₹59.57 Cr per Note 4 of the filing matches the computed figure exactly. Two cost lines drove most of it. Employee costs fell ₹12.84 Cr (-10.16%) YoY as the workforce restructuring absorbed in prior quarters flows through. Power & Fuel fell ₹26.32 Cr (-13.19%) YoY as energy costs moderated from last year's elevated base. Combined, these two tailwinds saved ₹39.16 Cr YoY - nearly all of the EBITDA improvement. One caveat: both are largely base effects from Q1FY26's high costs, not new cost-cutting this quarter. The QoQ trend on Power & Fuel (16.52% → 17.45% of revenue) is actually slightly worsening. The offset: material costs rose 17.92% YoY to ₹538.86 Cr (54.26% of revenue, up 325 bps), reflecting domestic cotton price pressure. This is the active headwind. Now the structural picture. EBITDA of ₹62.48 Cr covers only 41% of quarterly finance costs of ₹150.91 Cr. The company carries ₹17,384 Cr of assigned debt under the resolution plan - this debt is interest-free for 8 years from September 14, 2020. That period ends September 2028. The reported finance costs of ₹150.91 Cr relate to other borrowings. The debt is carried at cost, not fair value, which understates the true economic cost of capital. After finance costs and D&A of ₹66.78 Cr, the company will remain loss-making at current EBITDA levels for the foreseeable future. Exceptional gain of ₹17.20 Cr from an insurance claim settlement for tornado damage to Silvassa spinning plants - same claim that generated ₹25.60 Cr in Q1FY26. One-time, non-recurring. Accumulated losses stand at ₹23,784.41 Cr as of June 30, 2026. Net worth is deeply negative. The going-concern basis is supported by cash-flow projections and the resolution plan framework. Note : This is not an investment advise.

We checked how other expenses have changed in past 12 quarters for BHEL. The 42% drop in other expenses in Q1 FY27 looks like a provision cycle normalisation. The complete conversation here- compoundingai.in/share/ZL--dCl-…

Yatin Mota @yatinmota

2 days ago

BHEL has seen a big drop in other expenses for the quarter ended 30th June Other expenses at 390 cr vs 675 cr YoY Hence I think need to understand numbers carefully Note - This is not a buy or sell recommendation

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@yatinmota Great observation! We checked how this number has changed in past 12 quarters and the 42% drop in other expenses looks like a provision cycle normalisation. The complete conversation here- compoundingai.in/share/ZL--dCl-…

Tech Mahindra Q1 FY27 statement level result breakdown - compoundingai.in/share/3ttTi5u6…

Login to CompoundingAI to track live results! (Link in Bio) Tech Mahindra Q1 FY27 Result Analysis USD revenue: $1,660 Mn | +6.1% YoY | +2.2% QoQ EBIT margin: 14.41% | +59 bps QoQ | +379 bps YoY PAT to owners: ₹1,465.1 Cr | +28.45% YoY | EPS ₹16.53 Zero exceptional items. FCF: $167 Mn (108% of PAT). The headline is the margin. EBIT expanded 59 bps in Q1 - the quarter that always carries the annual salary hike. Employee costs grew only 1.15% QoQ against revenue growth of 4.22%. Unallocable corporate costs fell 57 bps to 6.85% of revenue. IT utilisation rose to 87.0% (+90 bps QoQ). Three levers fired simultaneously, producing the best Q1 EBIT margin in recent history. The 15% FY27 target now needs only ~20 bps per quarter over the remaining three quarters - a pace already exceeded in Q1. USD revenue at +6.1% YoY is the strongest Q1 in years and a clear acceleration from FY26's +1.9% full-year growth. INR revenue of ₹15,711.9 Cr (+17.68% YoY) benefits from the rupee averaging ₹94.6 vs ₹85.3 in Q1FY26 - roughly 6 percentage points of the INR growth is currency, not volume. Look at USD to read the underlying demand. Deal wins of $1,078 Mn mark the third consecutive quarter above $1 Bn. The $50M+ client base expanded from 26 to 33 YoY and from 29 to 33 in a single quarter. Manufacturing was the standout vertical at +17.2% YoY, +9.0% QoQ, directly contradicting the tariff-drag concern. FCF conversion at 108% of PAT is the highest Q1 in the series. DSO improved to 84 days from 95 days a year ago - 11 days of working capital released in four quarters. Net cash position grew to $1,019 Mn from $885 Mn in Q4. Three flags. Other expenses grew 13.1% QoQ and 26.7% YoY —-the only cost line growing faster than revenue, and the one that needs watching. Communications (32.3% of revenue, the largest vertical) grew only 1.3% YoY and fell 1.3% QoQ. Americas (48.6% of revenue) was flat at -0.1% QoQ - Q1's growth was concentrated in Europe (+8.1% QoQ, likely the large European telco deal ramp). ETR rose to 27.21% from 24.25% in Q4, driven by a ₹130 Cr deferred tax charge - the highest deferred tax provision in the data series. Two acquisitions: Avant (85% stake, ₹187.5 Cr, May 27 - provisional accounting) and Alyis from Orange Business Services (~270 employees, BRL 1.2 Mn, closed July 2 post-quarter). Satyam suspense account of ₹1,230.4 Cr remains - auditor's Emphasis of Matter continues, no new developments. Note : This is not an investment advise.