Multiple Indian Companies Set to Announce Q4 2026 Earnings Today
Earnings Season Nears End as Over 400 Companies Set to Release Q4 Results
Thursday, May 28, 2026, marks the beginning of a busy day for the Indian stock market as more than 400 companies are scheduled to release their financial results for the quarter ended March 31, 2026. Despite the ongoing earnings season, the Indian stock market will remain closed for trading on Thursday on account of Bakrid.
In the lead-up to the release of these results, the Indian stock market indices have been experiencing fluctuations. On Wednesday, the BSE Sensex ended 142 points, or 0.19%, lower at 75,867.80, while the Nifty 50 edged down 7 points, or 0.03%, to close at 23,907.15. However, broader markets outperformed the benchmark indices, with the BSE 150 Midcap index rising 0.83% and the BSE 250 Smallcap index gaining 0.49%.
Ashok Leyland Q4 Results Preview
Brokerage firm Motilal Oswal has provided a preview of Ashok Leyland's Q4 results, expecting the company's profit after tax (PAT) to grow 9% year-on-year (YoY) in the March quarter. The firm also anticipates input cost pressures to compress margins by 50 basis points YoY to 14.5% and a poor mix to lead to lower ASP growth. According to Motilal Oswal, volumes grew 17% in 4Q, with Light Commercial Vehicles (LCV) growing 25% and Medium and Heavy Commercial Vehicles (MHCV) rising by a lower 17% due to lower bus volumes.
The firm has factored in an over 12% rise in EBITDA and a 14.5% surge in the EBITDA margin.
Bharat Dynamics Q4 Results Preview
MOFSL has provided a preview of Bharat Dynamics' Q4 results, expecting the company's revenue to dip 2% YoY, mainly due to its dependence on various other vendors and imports from Israel. Execution is likely to be led for key projects such as the Akash, Astra Mk-1, and anti-tank guided missile orders. According to MOFSL, margins are expected to expand by 700 basis points YoY on ramp-up in execution and operating leverage.
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
The firm has cut its revenue and margin estimates due to ongoing supply chain issues and lower target price to INR1,500. Key monitorables for Bharat Dynamics include inflows for Akash-NG (including exports), QRSAM, supply chain management, and conversion of recently announced AoNs into firm orders.
| Company | Expected PAT Growth (YoY) | Expected Revenue Growth (YoY) | Expected EBITDA Margin |
|---|---|---|---|
| Ashok Leyland | 9% | Not mentioned | 14.5% |
| Bharat Dynamics | Not mentioned | -2% | 14.5% |
Note: The table above provides a summary of the expected performance of Ashok Leyland and Bharat Dynamics in their Q4 results.
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
