Over 100 companies are set to announce their Q1 FY27 results today, with Swiggy, M&M, Bajaj Finance, Indian Railway Finance Corporation, Vedanta, Mankind Pharma, Hyundai Motor India, and several other marquee names leading a comprehensive batch of companies reporting April-June quarter numbers. According to Essential Business Intelligence, this represents one of the busiest result days of the Q1FY27 earnings season, with more than 100 listed companies scheduled to announce their April–June quarter earnings on Thursday, 30 July. The results calendar is dominated by engineering, FMCG, banking, technology, renewable energy, and infrastructure sectors, with investors closely watching revenue growth, operating margins, profitability, and management commentary on demand trends, order inflows, capital expenditure plans and the outlook for the remainder of FY27.
Swiggy will be closely watched for GOV growth of 18.1%/40.8% YoY for FD and QC businesses, with take rates of 22.5%/13.4% in Q1FY27, according to Motilal Oswal. The brokerage firm expects FD adjusted EBITDA as a percentage of GOV to decline 30bp QoQ to 3.0%, while Instamart is likely to grow 1% QoQ with an adjusted EBITDA margin of -9.4% and contribution margin improving to breakeven. As reported by Motilal Oswal, Instamart's contribution margin is expected to improve to breakeven from -1.8% in Q4, marking significant progress in the company's profitability trajectory.
M&M is expected to report 22% YoY increase in revenues in Q1FY27, led by 23% YoY increase in automotive segment revenues driven by exports, LCV and SUV segments, and 19% YoY increase in tractor segment revenues driven by 18% YoY volume growth, according to Kotak Institutional Equities. The brokerage firm estimates overall EBITDA margin to decline by 150 bps QoQ due to commodity headwinds and higher EV mix, though this will be partly offset by operating leverage benefits and price increases. Automotive EBIT margin is expected at 7.7% in Q1FY27 versus 9.5% in Q4FY26, while tractor segment EBIT margin is projected to decline 110 bps YoY to 18.3% due to operating leverage benefits. The company is expected to achieve EBITDA growth of 7% YoY in Q1FY27.
Bajaj Finance will be watched for loan growth, disbursements, net interest margins (NIMs), asset quality and management's commentary on housing demand and the lending outlook. As reported by Essential Business Intelligence, the financial services and banking sector will see results from Karnataka Bank, Jammu & Kashmir Bank, Dhanlaxmi Bank, and MAS Financial Services, with investors tracking credit growth, deposit trends, and asset quality metrics. The technology and IT services sector will feature KPIT Technologies, Hexaware Technologies, Zensar Technologies, and Accelya Solutions India, with investors monitoring deal wins, demand for AI-led engineering solutions, and the company's outlook for revenue growth.
Waaree Energies will be in focus for demand for solar modules, operating margins, order book growth, capacity expansion progress, export performance, and management's outlook for the renewable energy business. According to Essential Business Intelligence, the renewable energy and clean tech sector will see results from ACME Solar Holdings, with investors tracking the company's performance in the solar energy value chain. The infrastructure and logistics sector will feature Adani Enterprises, Adani Ports and Special Economic Zone, Garden Reach Shipbuilders & Engineers, and Redington, with investors closely tracking updates on the company's airports, mining, green hydrogen and other incubation businesses, along with capital expenditure plans and management's growth guidance.
On Wednesday, Indian benchmark indices closed sharply higher, with Sensex surging 889 points, or 1.16%, to end at 77,654.60, while Nifty 50 climbed 265 points, or 1.10%, to settle at 24,250.20, driven by strong buying interest in heavyweight banking and IT stocks. The positive market sentiment comes ahead of today's Q1 results announcement. Four companies in the NIFTY500 index have reported annual revenue growth exceeding 100% in the April-June period, with HFCL reporting 104% net profit growth to ₹1,608 crore and Netweb Technologies achieving 172% revenue growth to ₹820 crore. The comprehensive list of companies reporting today includes Tata Steel, Torrent Pharmaceuticals, Vedanta Aluminium Metal, Hyundai Motor India, and several other major corporations across various sectors.
