BSE and Bharat Forge Among Stocks to Report Q4 Earnings Today
Indian Stock Market Sees Sharp Rally Ahead of Q4 Earnings Season
The Indian stock market closed sharply higher on Wednesday, with the Nifty 50 ending above the 24,300 mark. The Sensex rallied 940.73 points, or 1.22%, to settle at 77,958.52, while the Nifty 50 gained 298.15 points, or 1.24%, to close at 24,330.95.
Companies Set to Release Q4 Results on Thursday
Around 90 companies are scheduled to release their financial results for the quarter ended on March 31, 2026 on Thursday, 7 May. The list of marquee companies includes BSE, Britannia Industries, Bharat Forge, Lupin, Bajaj Holdings & Investment, MRF, and Dabur India.
Bharat Forge Q4 Results Preview
Brokerage firm Motilal Oswal expects EBITDA margin to improve 40 basis points (bp) quarter-on-quarter (QoQ) to 27.6% as benefits from favorable currency are likely to offset rising cost pressure. The brokerage firm further anticipates standalone profit after tax and revenue to grow 9% year-on-year (YoY) in the March quarter. The domestic business is expected to see a pickup in commercial vehicles (CVs) and defense business, while exports are likely to be supported by a pickup in US Class 8.
| Company | Q4 EBITDA Margin | QoQ Change |
|---|---|---|
| Bharat Forge | 27.6% | 40 bp |
| Britannia Industries | 14.8% | 30 bp |
| Dabur India | 14.9% | -20 bp |
Britannia Q4 Results Preview
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
Brokerage firm Kotak Institutional Equities estimate improvement in volume growth to +7% YoY (versus +5% in 3QFY26) aided by grammage hikes in LUPs (65% sales mix) and some recovery in market share. Consolidated revenue (including Other Operating Income, or OOI) is expected to grow at 10.8% YoY versus 8.2% YoY in 3QFY26.
Dabur India Q4 Results Preview
Kotak estimates 6% to 8% YoY volume/value growth in Dabur's standalone business in 4QFY26, versus 3% to 4% in 3QFY26. Growth is optically aided by a weak base; sales on 2Y CAGR basis are expected to grow at 2% versus 2.7% in 3QFY26. Consolidated EBITDA is expected to grow by 3.6% YoY as EBITDA margin could contract 20 bps YoY to 14.9%, largely on account of adverse operating leverage in subsidiaries.
Investor Takeaway
Investors should focus on the Q4 earnings reports of these marquee companies.
More in Market
SpaceX Seeks Record $75 Billion IPO, Potentially Positioning Elon Musk as the World's First Trillionaire
Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline
