Q4 FY2026 Quarterly Result Highlights of Bajaj Finance, Eternal, Sona BLW & Sapphire Foods

Eternal Q4 FY2026 Result: Strong Revenue and PAT more than doubles

• Eternal Ltd (formerly Zomato) announced strong Q4 FY26 results (as of April 28, 2026), with consolidated net profit jumping 346% year-on-year to ₹174 crore, driven by robust Blinkit growth. Revenue soared 196% YoY to ₹17,292 crore. 
• The company surpassed earnings estimates, leading to a rise in share price, with highlights including improved quick commerce profitability.
• Key Q4 FY26 Results Highlights:
• Net Profit (PAT): ₹174 crore, representing a 346% surge from ₹39 crore in the same quarter last year.
• Revenue from Operations: ₹17,292 crore, up 196% YoY.
• Segment Performance: Rapid expansion in the quick-commerce unit (Blinkit) and steady growth in food delivery drove revenue.
• EBITDA: ₹486 crore (up 575% YoY) with margins improving to 2.8%.
• For the full financial year FY26, the company reported an operating revenue of ₹54,364 crore, a 169% increase YoY. Brokerages maintain a positive outlook, emphasizing the strength of the quick commerce business, with some setting high-conviction targets.
• Key Takeaways (Q4 FY26):
• Sequential Growth: Net profit increased by 71% quarter-on-quarter (QoQ).
• Blinkit Growth: Blinkit’s Net Order Value (NOV) witnessed a 95% YoY growth, demonstrating strong rapid commerce expansion.
• Food Delivery: Zomato’s food delivery revenue grew by 33% to ₹2,737 crore.
• The company’s management stated that quick commerce profitability continues to improve, and the company is targeting sustained growth, aiming for an EBITDA of by FY29

• Stock Verdict: Positive

Bajaj Finance Q4 FY2026 Result: PAT up 22%, NII up 20%

• Bajaj Finance reported a strong 22% year-on-year increase in consolidated net profit to ₹5,465 crore for Q4 FY26 (ended March 31, 2026), driven by robust loan growth and lower bad loan provisions.
• Net Interest Income (NII) grew 20% to ₹11,781 crore, while AUM crossed ₹5 lakh crore.
• Key Highlights of Bajaj Finance Q4 FY26 Results:
• Net Profit: Surged to ₹5,465 crore (YoY 22% increase).
• NII: Increased by 20% to ₹11,781 crore (vs ₹9,807 crore a year ago).
• AUM: Assets Under Management increased 22% to ₹5.09 lakh crore.
• Asset Quality: Gross NPA was 1.01% and Net NPA was 0.41% as of March-end, indicating stable quality.
• Loan Growth: Booked 12.89 million new loans, a 21% increase from 10.7 million in Q4 FY25.
• Customer Franchise: Grew by 17% YoY, adding 3.93 million new customers in the quarter.
• The company sustained strong customer acquisition and witnessed steady growth in its lending business, aiding the profitability. 
• Rajiv Bajaj to step-down as Bajaj Finance’s non-executive director post AGM Q4 and will not seek re-election at the upcoming annual general meeting scheduled on July 30, 2026. 
• The company also approved the re-appointment of Pramit Jhaveri as a non-executive independent director for a second term of five consecutive years with effect from August 1, 2026.
• Stock Verdict: Positive

Sona BLW Q4 FY2026 Result: Revenue up 47%, PAT up 17%, misses estimates; margins contract

• Sona BLW reported a steady rise in Q4 profit and strong revenue growth, but margin pressure from higher costs weighed on performance as the company announced dividend and fresh EV investments.
• Sona BLW Precision Forgings (Sona Comstar) Q4 FY26 results (announced April 30, 2026) showed strong growth with revenue rising ~45–47% year-on-year to ₹1,257–1,272 crore, driven by a 39% share in BEV revenue.
• Net profit grew 13–17% to ₹186.9–191.9 crore, while margins showed pressure, contracting to around 23.5–24.7%.
• Key Highlights of Sona BLW Q4 FY26:
• Revenue: Recorded significant growth of 45.4% YoY to ₹1,257.4 crore (missed some estimates).
• Net Profit (PAT): Reported at ₹186.9–191.9 crore, up 14% to 17% YoY.
• EBITDA/Margin: EBITDA rose 28% to ₹295.7 crore, with margins contracting to 23.5%.
• EV Segment: Battery Electric Vehicle (BEV) revenue reached a record 39% of total income.
• Dividend: The board recommended a final dividend of ₹1.80 per share.
• Order Book: Net order book strengthened to ₹23,700 crore, with ₹5,700 crore added in FY26.
• Strategic Moves: Approved $6 million investment in Sona BLW eDrive Mexicana.The company experienced high growth driven by increased demand in the EV segment but faced margin pressure. The results indicate a robust performance in the electric vehicle components sector.
• In a strategic move, the company also approved an investment of $6 million in its wholly owned subsidiary, Sona BLW eDrive Mexicana, to support capital expenditure, operations and working capital needs.
• Additionally, the board ratified a revision in its cleantech investment, increasing its stake to 27.64% in Seeyel Renewables Pvt Ltd, while keeping the investment size unchanged at ₹83 lakh.
• Sona Comstar operates as an automotive technology company focused on precision-engineered powertrain components, including differential assemblies, gears, starter motors and EV traction systems, serving both electric and conventional vehicle segments globally.
• Stock Verdict: Positive

Sapphire Foods Q4 FY2026 Result: Revenue up 11.4%, EBITDA margin improved

• The company reported a net loss of ₹12.6 crore for Q4FY26, compared with a profit of ₹2 crore in the year-ago period, largely due to one-time loss of ₹12.7 crore. Other income declined sharply to ₹5 crore from ₹13 crore.  However, the company’s revenue from operations grew 11.4% Y-o-Y to ₹792.2 core from ₹711.3 crore in the year-ago period. 
• Earnings before interest, tax, depreciation, and amortisation (Ebitda) rose 17.2% to ₹124.4 crore in the quarter under review. 
• Ebitda margins expanded to 15.7% from 14.9%. 
• Revenue for KFC grew by 15% (highest in the last 8 quarters) and Pizza Hut India revenue declined by 6%. SSSG of 4% (est. 4%; ex-Navratri: 6%)Sri Lanka grew revenue by 15 per cent in LKR. Sri Lanka posted healthy revenue growth of 16% YoY (+15% in LKR), driven by 11% LKR SSSG and 7% store growth. 
• Consolidated Restaurant EBITDA Growth: 21% year-on-year, margin at 13%, up 100 basis points.
• Adjusted EBITDA: INR61 crores, 20% growth year-on-year, margin at 7.7%. Consolidated EBITDA Post: INR125 crores, up 15.8%. 
• According to the company, this their best quarter in the last 12 quarters in terms of same store sales growth (SSSG) and Adjusted Ebitda growth on the back of strong new consumer recruitment by KFC. This is despite the LPG related availability and inflationary challenges.
• During the Q4FY26, the company added 19 KFC restaurants, 2 Pizza Hut in India and 3 Pizza Hut in India, and 3 Pizza Hut in Sri Lanka. Sapphire Foods total restaurant count was 1,052 as on March 31, 2026. 
• Emkay Target price of ₹300
• Motilal = TP of INR220, CCI approval likely within the next 35–40 days.
• Stock Verdict: Positive