
Coal India, Varun Beverages Among Companies to Report Q4 2026 Results Today
Earnings Season Enters Critical Phase as 47 Companies Set to Release Q4 Results
As the earnings season enters its third week, Monday, 27 April, marks a crucial day for investors as around 47 companies are scheduled to release their financial results for the quarter ending on March 31, 2026. Among the marquee companies set to declare their Q4 results 2026 are Coal India, UltraTech Cement, Varun Beverages, AU Small Finance Bank, Bajaj Housing Finance, Adani Total Gas, and SBI Cards and Payments.
The ongoing Q4 earnings season is expected to serve as a major trigger for stock-specific movements, with investors closely monitoring financial results, management guidance, and sector outlooks to reassess earnings visibility and valuation comfort across segments. The performance of heavyweight stocks and key sectors will continue to play a crucial role in shaping the broader market trend.
According to Ponmudi R, CEO of Enrich Money, while positive developments could support a recovery, the durability of any upward momentum will hinge on easing geopolitical tensions, softer crude oil prices, and consistent buying interest. In the absence of clear directional signals, markets are expected to remain range-bound with a cautious undertone, highlighting the need for a disciplined and risk-aware investment approach.
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The Indian stock market closed significantly lower on Friday, with the benchmark Nifty 50 slipping below the 23,900 mark. The Sensex tumbled 999.79 points, or 1.29%, to finish at 76,664.21, while the Nifty 50 declined 275.10 points, or 1.14%, to settle at 23,897.95.
Coal India Q4 Results Preview
Brokerage firm Motilal Oswal expects Coal India's EBITDA to improve quarter-over-quarter (QoQ) due to better operating leverage. The firm noted that coal production and off-take improved QoQ in 4Q, and e-auction premium is expected to improve due to import disruptions.
| Brokerage Firm | Coal India EBITDA Expectation (QoQ) |
|---|---|
| Motilal Oswal | Improvement due to better operating leverage |
| Kotak Institutional Equities | Weaker dispatches to affect earnings |
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In contrast, Kotak Institutional Equities believes that weak dispatches of 198 million tons (-2% year-over-year) in 4QFY26 will affect earnings during the quarter. The firm also noted that blended realizations of Rs1,707/ton (+1% year-over-year) in 4QFY26 and e-auction realizations of Rs2,573/ton (-2% year-over-year, but higher quarter-over-quarter) will impact earnings.
UltraTech Cement Q4 Results Preview
Motilal Oswal anticipates UltraTech Cement's sales volume to increase by 11% year-over-year (YoY) and EBITDA to reach Rs1,148 in the March quarter. The firm also estimated that blended realization is expected to increase 2% YoY, while RMC revenue may grow 10% YoY and white cement revenue is expected to decline 9% YoY.
Investor Takeaway
Investors should closely monitor Q4 results for these companies to reassess earnings visibility and valuation comfort.
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