Earnings Snapshot: Bajaj Auto, Trent, Divi’s Laboratories, Pidilite, and Power Finance Corporation
- Share.Market
- 5 min read
- Published at : 07 Aug 2025 01:45 PM
- Modified at : 07 Aug 2025 01:45 PM
BAJAJ-AUTORevenue from Operations ₹12,584 crores 🔼 6%
PAT ₹2,096 crores 🔼 5%
Bajaj Auto Ltd.’s Q1 FY26 performance was driven by strong growth in exports, EVs, premium motorcycles, and commercial vehicles. Chetak volumes more than doubled YoY, now contributing over 20% of domestic revenue, while Bajaj became the No. 1 player in electric 3-wheelers with ~3x YoY growth. Premium motorcycle volumes grew QoQ, led by 125cc+ models and new launches from KTM and Triumph.
Exports hit a record high, supported by broad-based double-digit growth across Africa, Latin America, and Asia, along with a recovery in KTM exports. Despite a 50 bps drop in EBITDA margin due to lower dollar realization, better mix and scale helped sustain profitability. Bajaj also added ₹1,200 crore in free cash flow, with strategic investments in its credit business and international operations.
TRENTRevenue from Operations ₹4,883 crores 🔼 19%
PAT ₹427 crores 🔼 9%
Trent Ltd. reported a 23% YoY rise in PBT for Q1 FY26, with fashion revenues crossing ₹5,000 crore. Growth was driven by continued expansion across 1,000+ large-format stores, deeper presence in key markets, and steady performance in tier 2/3 cities. Operating EBIT margin improved to 11.4%, supported by stable gross margins and operating leverage. Emerging categories like beauty and innerwear contributed over 21% of fashion sales.
Westside’s online business grew 35% YoY and now contributes over 6% of brand revenue. The Star grocery business saw over 70% revenue from its own brands, with continued focus on differentiation and store productivity.
DIVISLABRevenue ₹2,529 crores 🔼 15%
PAT ₹545 crores 🔼 27%
Divi’s Laboratories Ltd. reported a strong start to FY26 with consolidated total income rising to ₹2,529 crore in Q1, up from ₹2,197 crore a year ago. Profit after tax grew to ₹545 crore from ₹430 crore, supported in part by a ₹39 crore forex gain compared to a loss in the same quarter last year. However, profit before tax declined both sequentially and YoY due to lower operating margins.
PIDILITINDRevenue ₹3,742 crores 🔼 11%
PAT ₹678 crores 🔼 19%
Pidilite Industries Ltd. reported a strong Q1 FY26 with double-digit revenue growth of 10.6% and underlying volume growth (UVG) of 9.9%, led by broad-based performance across Consumer & Bazaar and B2B segments. B2B achieved its eighth consecutive quarter of double-digit UVG at 12.6%. EBITDA grew 15.8% YoY, aided by improved margins and softening input costs, especially in domestic subsidiaries. PAT rose 18.7% YoY. International subsidiaries saw moderate growth of 6.4% in sales and 9.0% in EBITDA.
The company also announced a 1:1 bonus issue and a ₹10 special interim dividend to mark the 101st birth anniversary of founder Shri BK Parekh.
PFCRevenue ₹28,539 crores 🔼 11%
PAT ₹8,981 crores 🔼 25%
Power Finance Corporation Ltd.’s strong performance was supported by stable loan growth and higher net interest income. Loan quality improved this quarter. The company now has buffers covering 79% of its high-risk loans, up from 77% in the previous quarter. Overall, it has set aside ₹23,531 crore (2.07% of its loan book) to protect against potential defaults.
Within subsidiary REC Ltd., one large stressed asset (TRN Energy Pvt Ltd) was restructured under RBI’s 2019 framework. As part of the resolution, ₹392 crore was written off with a ₹272 crore reversal in expected credit loss (ECL).
The company declared an interim dividend of ₹3.10 per equity share.
Note: The stock prices mentioned are as of 1:40 pm.
Disclaimer
Investments in securities market are subject to market risks, read all the related documents carefully before investing. This is for informational purposes and should not be considered as recommendations.
Kindly refer to https://share.market/ for more details.
PhonePe Wealth Broking Private Limited is a member of NSE & BSE with SEBI Regn. No.: INZ000302639, Depository Participant of CDSL Depository with SEBI Regn. No.: IN-DP-696-2022, Research Analyst with SEBI Regn No: INH000013387, BSE RA Enlistment Number: 5887, and Mutual Fund distributor with AMFI Registration No: ARN- 187821. Member ID: BSE- 6756, NSE- 90226.
Registration granted by SEBI, enlistment as Research Analyst, and Certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors
Registered office – 2, Floor 3, Wing A, Block A, Salarpuria Softzone, Service Road, Green Glen Layout, Bellandur, Bengaluru South, Bengaluru, Karnataka – 560103, INDIA.
CIN: U65990KA2021PTC146954.
