Q3 FY2026 Quarterly Result Highlights of Motherson Sumi Wiring, Power Grid, Power Grid, CDSL, Duroply Industries, Greenpanel Industries, Aadhar Housing Finance, Tata Investment, and Aster DM

Motherson Sumi Wiring Q3 Results 2026 Highlights: Revenue Up 25%

• Net profit rose 6.8% YoY to ₹150 crore, compared with ₹140 crore in the same quarter last year.
• Revenue climbed sharply by 25.5% to ₹2,887 crore from ₹2,300 crore a year ago, reflecting healthy demand from automotive customers.
• EBITDA increased 10.3% year-on-year to ₹262.5 crore from ₹237.9 crore. However, operating margin softened to about 9% compared with over 10% in the year-ago period, primarily due to higher copper prices and a timing gap in customer settlements. Underlying profitability of its non-greenfield units remained stable after adjusting for this impact.
• Performance at greenfield units improved during the quarter, aiding overall profitability.
• Motherson Sumi Wiring also continued to maintain a debt-free balance sheet. Revenue from electric vehicle programmes accounted for 5.8% of total revenue in Q3 FY26, reflecting gradual traction in the EV segment.
• Stock Verdict: Neutral

Power Grid Q3 FY2026 Results Strong

• Power Grid Corporation delivered impressive Q3FY26 performance with revenue growth of 8.70% to ₹11,005.28 crore and net profit increase of 6.80% to ₹4,160.17 crore.
• The company’s EBITDA margin expanded to 85.95% from 84.92% year-on-year, demonstrating operational excellence.
• Earnings Per Share up 6.70%
• Stock Verdict: Positive

CDSL Q3 FY2026 Result: Income up 9.4% YoY

• Revenue up 9.4% to Rs 304.35 crore versus Rs 278.12 crore
• Profit up 2% to Rs 133.32 crore versus Rs 130.10 crore
• Ebitda up 0.2% to Rs 161.02 crore versus Rs 160.64 crore
• Margin at 52.9% versus 57.8%
• Stock Verdict: Negative

Duroply Industries Q3 FY2026 Result: Profit Up 17% YoY

• Revenue: INR93.05 crore for Q3, 3.6% growth YoY, down 11% QoQ.
• Profit Before Tax: INR1.37 crore, up 13.7% YoY.
• Gross Margin: 37.1%, up from 34.2% YoY and 34.8% QoQ.
• EBITDA: INR5.4 crore, 23.7% increase YoY, down 16.4% QoQ.
• EBITDA Margin: 5.8% of sales, up from 4.9% YoY, down from 6.2% QoQ.
• Employee Expenses: 12.2% of sales, up from 11.1% YoY.
• Marketing Expenses: 2.8% of sales, down from 3.6% YoY.
• Finance Expenses: 2.4% of sales, up from 2% YoY.
• Debtor Days: 45 days, up from 43 days YoY.
• Inventory Days: 182 days, up from 165 days YoY.
• Creditor Days: 101 days, up from 84 days YoY.
• Cash Conversion Cycle: 125 days for nine-month FY26.
• ROCE: 11.85% annualized, up from 10.64% YoY.
• Stock Verdict: Neutral

Greenpanel Industries Q3 FY2026 Result: Revenue up 11.4%

• Total Revenue: INR398.8 crores, up 11.4% year on year.
• Domestic MDF volumes grew by 19% year on year, contributing to a total MDF volume growth of 17.1% for the quarter.
• Gross margins and operating EBITDA margins improved both year on year and sequentially, aided by cost optimization efforts.
• Operating EBITDA: INR44.3 crores, 11.2% of revenues. And, Gross Margin: Approximately 50%.
• Revenue from Operations at ₹41,627.22 lakhs, up +15.8%
• Earnings Per Share at ₹0.83, up +20.3%
• PAT (Profit After Tax): INR10.2 crores, up +20.4%
• Net Debt: INR163 crores.
• Cash Conversion Cycle: 32 days.
• Stock Verdict: Postitive

Aadhar Housing Finance Q3 FY2026 Results: AUM up 20%

• AUM: INR28,790 crore, 20% year-on-year growth.
• Disbursement for 9 months FY26: INR6,469 crore, 15% Y-o-Y increase.
• Profit After Tax (PAT) grew by 20% year-on-year, reaching INR797 crore, indicating strong lending momentum.
• Gross Non-Performing Assets (NPA) improved sequentially by 4 basis points to 1.38%, with collection efficiency remaining above 99%.
• Average Ticket Size: INR10.7 lakhs.
• Loan-to-Value Ratio: 60%.
• Branch Network: 621 branches across 22 states and 552 districts.
• Borrowings: INR17,500 crore, 16% growth Y-o-Y.
• Incremental Borrowing Cost: 7.5% for Q3 FY26.
• Liquidity: INR1,435 crore at the end of Q3 FY26.
• Portfolio Yield Exit: 13.71% at the end of Q3 FY26.
• Cost-to-Income Ratio: 35.4% for 9 months FY26, improved by 50 bps Y-o-Y.
• Capital Adequacy Ratio: 43.6% for Tier 1.
• ROA: 4.4% for 9 months FY26.
• ROE: 15.6% for 9 months FY26.
• Aadhar Housing Finance Ltd expanded its branch network by adding 10 new branches, bringing the total to 621 branches across 22 states, enhancing its geographic diversification
• Stock Verdict: Positive

Tata Investment Corporation Q3 FY2026 Result: Revenue & Profit jump Multiple times

• Tata Investment Corporation Limited announced strong Q3FY26 results with consolidated net profit jumping 284.69% to ₹754 million and revenue surging 1,460.92% to ₹579.20 million year-over-year.
• The company’s standalone performance also showed steady growth with total revenue of ₹47.40 crores and profit after tax of ₹36.98 crores for the quarter.
• Stock Verdict: Neutral

Aster DM Q3 FY2026 Result: Revenue up 11%

• For the quarter, revenue grew 11% YoY to ₹1,050 crore, while operating EBITDA increased 20% YoY to ₹202 crore, with margins expanding to 19.3% from 17.7% YoY.
• Adjusted net profit (post NCI) for the India business, which grew 30% YoY to ₹81 crore in Q3FY25, up from ₹62 crore in Q3FY24.
• For the nine-month period (9M FY25), the company reported an 65% YoY increase in adjusted net profit (post NCI) to ₹251 crore.
• For 9M FY25, revenue grew 15% YoY to ₹3,138 crore, while operating EBITDA surged 35% YoY to ₹613 crore, with margins improving to 19.5% from 16.6% YoY.
• Aster + QCIL (Combined Proforma) Performance for Q3 FY26
• Revenue for Q3FY26 grew by 15% to INR 2,366 Cr
• Operating EBITDA grew by 22% to INR 503 Cr
• Operating EBITDA margin stood at 21%
• Stock Verdict: Positive