Bharat Petroleum Corporation Ltd.BPCL₹319.70 -0.87%

Revenue from Operations ₹1,29,615 crores 🔼 1%

PAT ₹6,839 crores 🔼 141%

Bharat Petroleum Corporation Ltd. delivered a strong operational and financial performance in Q1 FY26, supported by higher refinery throughput, improved marketing margins, robust sales growth, and operational efficiency. The company achieved its highest-ever quarterly domestic market sales of 13.58 MMT, reflecting a 3.19% increase over the same period last year. Refinery throughput rose to 10.42 MMT, with capacity utilization reaching 118%, underscoring efficient operations and strong demand.

Despite a lower gross refining margin (GRM) of $4.88/bbl compared to the previous year’s $7.86/bbl, profitability improved significantly due to stronger marketing performance and cost efficiencies. The quarter also saw stability in forex positions, modest gains from crude liability adjustments, and disciplined debt management, with debt levels declining sharply from the previous year. These factors, combined with solid operational parameters, contributed to BPCL’s all-round performance in the quarter.

Max Healthcare Institute Ltd.MAXHEALTH₹1,224.50 -3.36%

Gross Revenue ₹2,574 crores 🔼 27%

PAT ₹345 crores 🔼 17%

Max Healthcare Institute Ltd. posted strong growth in Q1 FY26, driven primarily by higher occupied bed days and rising international patient inflows. Occupancy reached 76%, with OBDs (Occupied Bed Days is a measure of how many hospital beds were actually occupied over a given period) increasing 26% year-on-year, while international patient revenue grew 32% and now contributes around 9% of hospital revenue. Excluding new units, EBITDA per bed improved 7% YoY, indicating better utilization and operational efficiency at existing facilities. 

Strategic initiatives during the quarter included commissioning a new 160-bed tower at Max Mohali, initiating trial runs, and progressing brownfield expansions at Max Smart and Nanavati-Max. The board also approved a lease agreement for a 130-bed built-to-suit hospital in Dehradun, designed to enhance oncology offerings. 

Muthoot Finance Ltd.MUTHOOTFIN₹2,770.90 +10.40%

Loan AUM ₹1,33,938 crores 🔼 37%

PAT ₹1,974 crores 🔼 65%

Muthoot Finance Ltd. began FY26 with record-breaking performance, achieving its highest-ever consolidated loan AUM of ₹1,33,938 crore, up 37% year-on-year, driven largely by strong growth in the core gold loan business. Standalone gold loan AUM surged 40% to ₹1,13,194 crore, supported by a sharp rise in average gold loan per branch and record gold holdings of 209 tonnes. Subsidiary Muthoot Money posted exceptional growth, with loan AUM more than tripling year-on-year, aided by network expansion and lower NPAs, while Muthoot Homefin grew its loan AUM 41% and maintained asset quality. 

The quarter also saw strategic actions to diversify and strengthen operations, including opening new gold loan branches at Belstar Microfinance, implementing risk-based lending controls, and expanding digital and branch networks. 

Management highlighted the supportive environment for gold loans, aided by favourable regulatory changes and interest rate cuts, and reaffirmed its focus on scale, operational excellence, and customer-centric innovation to sustain growth momentum.

Samvardhana Motherson International Ltd.MOTHERSON₹92.95 -0.47%

Revenue ₹0,212 crores 🔼 5%

PAT ₹678 crores 🔻 45%

Samvardhana Motherson International Ltd. reported revenues of ₹30,212 crore in Q1 FY26, growing 5% year-on-year and outperforming the industry despite ongoing sector headwinds. Profitability saw a temporary impact from market volatility, with mitigation measures already underway in collaboration with customers. The quarter’s performance was supported by well-executed acquisitions, a resilient organic business, and operational efficiencies across divisions.

The company operationalised three new greenfield facilities, with 11 more in progress, and announced two strategic partnerships aligned with its “increase in content per car” strategy. SAMIL maintained a comfortable leverage ratio of 1.1x, providing flexibility for both organic expansion and inorganic growth opportunities. Management reaffirmed that recently imposed India tariffs have no material impact on operations and that most US sales remain USMCA compliant, with agreements in place to pass on additional costs for non-compliant parts.

United Spirits Ltd.UNITDSPR₹1,327.10 +1.60%

Net Saless Value ₹3,021 crores 🔼 9%

PAT ₹417 crores 🔻 14%

United Spirits Ltd. delivered consolidated net sales value of ₹3,021 crore in Q1 FY26, up 9.4% year-on-year, driven by 8.4% growth in the standalone business and a 15.7% rise in the sports subsidiary. Growth in the core business was supported by the re-entry into Andhra Pradesh, new product innovation, and sustained revenue growth management initiatives. The Prestige & Above segment, contributing over 88% of sales, grew 9%, while the Popular segment rose 13.6%.

Margins were impacted by a one-off indirect tax expense of ₹40 crore and higher brand investments, with consolidated EBITDA down 9.7%. Excluding the one-off, underlying EBITDA declined 4.1%, with the standalone business seeing flat underlying operating profit. 

Note: The stock prices mentioned are as of 12:35 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.