Asian Paints posted Q4 revenue of Rs 9,247 cr (+10.6%) and net profit of Rs 1,172 cr (+69.4%), with Ebitda margin at 19.3%. Management guided 8-10% volume growth for FY27 alongside 11%+ price hikes. Jefferies and Macquarie stay Buy; Citi and Goldman Sachs hold Sell despite raising targets.

NDTV Profit · 6/1/2026, 2:12:50 AM

FSN E-Commerce Ventures touched ₹285.65 intraday, lifting market cap to ₹78,260 Cr after Q4 net profit surged 4X to ₹78.8 Cr on 28% revenue growth. FY26 profit climbed 182% to ₹203.9 Cr on ₹10,022 Cr revenue. Physical footprint expanded to 313 stores with 76 additions across 20 new cities. Morgan Stanley, HSBC, Citi, CLSA and Jefferies stay largely constructive.

Inc42 · 5/22/2026, 8:15:39 AM

FSN E-Commerce posted Q4 net profit of Rs 78.4 cr vs Rs 20.3 cr YoY on revenue of Rs 2,648 cr (+28.4%). Beauty grew 27%, fashion 40% with maiden EBITDA profitability. Jefferies raised TP to Rs 350; Citi and Macquarie stay bearish. Stock up 4.04% to Rs 281.10, +38% over 12 months.

NDTV Profit · 5/22/2026, 6:43:33 AM

ITC stock fell to ₹304.50 after GST on cigarettes jumped from 28% to 40% of retail price. FMCG arm impressed with 15% revenue growth and 200bps EBIT margin expansion to 8.3%, while cigarette EBIT beat consensus by 15%. But brokerages model FY27 cigarette volumes down 8% and EBIT down 17%, with target prices spanning ₹290-394.

The Hindu BusinessLine · 5/22/2026, 6:41:08 AM

Q4FY26 net profit rose 4.9% to Rs 5,113 cr and EBITDA margin held at 40%, but revenue fell 7% to Rs 16,050 cr. Brokerages flag cigarette tax-hike drag; stock down 29% over 12 months as Jefferies, Citi, Morgan Stanley, JPMorgan and Macquarie stay cautious.

NDTV Profit · 5/22/2026, 5:11:00 AM

Emami's Q4FY26 missed across the board: net profit fell 11.7% to Rs 143 cr, revenue dipped 3.9% to Rs 925 cr, and EBITDA margin contracted 260 bps to 20.2%. Jefferies retained 'Buy' but trimmed the target to Rs 620 from Rs 650, citing flat 5-year EBITDA and seasonal demand misses. FY27-28 EPS estimates cut 6-8%.

NDTV Profit · 5/22/2026, 5:10:30 AM

Nykaa posted Q4 net profit of Rs 78.4 cr vs Rs 20.3 cr YoY on revenue of Rs 2,648 cr (+28.4%). EBITDA jumped 67% to Rs 223 cr with margin at 8.4%. Fashion turned EBITDA-positive with NSV +42%; beauty NSV +29%. Jefferies hiked TP to Rs 350; Citi (Rs 225) and Macquarie (Rs 210) flagged slowing beauty ad income.

NDTV Profit · 5/22/2026, 3:08:25 AM

Mamaearth parent posted Q4 revenue of Rs 657 cr (+23% YoY) with EBITDA nearly tripling to Rs 77 cr and margin expanding to a record 11.7% from 5.1%. Net profit jumped to Rs 69 cr vs Rs 25 cr, with focus categories growing over 35%. Jefferies raised TP to Rs 565 (Buy); Citi lifted TP to Rs 320 but retains Sell, flagging sustainability of the margin print.

NDTV Profit · 5/22/2026, 3:07:37 AM

ITC posted Q4FY26 net profit of Rs 5,113 crore (+4.9% YoY) on price hikes, even as revenue fell 7% to Rs 16,050 crore. EBITDA margin expanded to 40%. Jefferies trimmed TP to Rs 350 from Rs 400 citing cigarette tax hike risk in Q1FY27; Citi, MS, JPMorgan, Macquarie held ratings with cautious near-term view.

NDTV Profit · 5/22/2026, 3:07:30 AM

Q4FY26 PAT fell 7.5% YoY to ₹203.6 cr, but revenue surged 45.6% to ₹2,516 cr. India ASP rose 15.9% to ₹1,865, SSSG hit 24.2%, and same-pincode sales grew 31.1%. Lenskart added 542 net new stores in FY26 and is investing ₹53 cr to lift Owndays stake to 97.67%. Jefferies (TP ₹600) and Morgan Stanley (TP ₹576) stay bullish; stock +2% at ₹497.75.

The Hindu BusinessLine · 5/21/2026, 5:04:03 AM

Tier 2+ town traction and margin expansion prompt Jefferies (TP Rs 600) and Morgan Stanley (TP Rs 576) to turn constructive. Management guides for 25% annual volume growth and a 25% steady-state EBITDA margin, though near-term profit drop trimmed early 6% share gains.

NDTV Profit · 5/21/2026, 4:31:04 AM

Jefferies trims AWL Agri Business target from Rs 340 to Rs 260 and cuts EPS 15-17%, but maintains Buy citing the strategic reset from edible oils to diversified kitchen essentials. Fortune-led Foods unit (Rs 250 cr+ sales) seen compounding 16% over FY26-29 versus 7-8% for oils. Stock trades at 23x FY27 P/E, a 50% discount to FMCG peers.

NDTV Profit · 5/20/2026, 5:24:30 AM

India's gold/silver import duty jump from 6% to 15% (10% BCD + 5% AIDC) may revive smuggling and squeeze larger organised jewellers, Jefferies warns. Titan seen as relatively insulated via domestic sourcing and ~50% exchange mix. MCX gold and silver futures both spiked ~6% on the move.

NDTV Profit · 5/13/2026, 11:18:23 AM