Q3 FY2026 Quarterly Result Highlights of Swiggy, Canara Bank, Nippon AMC, Adani Power, Coromandel International, SJS Enterprises & Stylam Industries

SJS Enterprises Q3 Results 2026 Highlights: Revenue Up 21%, PAT up 29%

• SJS Enterprises outperformed Auto industry with 25.3% YoY growth in auto segment compared to 3.9% YoY production volumes in 2W + PV segment
• Revenue at ₹ 1,063.7 Mn, robust growth of 20.8% YoY
• EBITDA grew 25.3% YoY to ₹ 284.0 Mn, Strong margin at 26.1%
• Adjusted Net Profit jumped 29.5% YoY to ₹ 157.1 Mn, with margins at 14.8%
• Strong Cash & cash equivalents position of ~Rs 1,431 Mn; Debt free company
• Added new customers – Foxconn in 2W EV segment and IFB Industries in Consumer
  Appliances
• Continued growing business with mega accounts by winning new orders from M&M,
  Tata Motors, Toyota, Whirlpool, Electrolux and Royal Enfield
• Added sales representative in Columbia, thereby covering key markets of Latin America
• Stock Verdict: Positive

Crizac Q3 FY2026 Results Highlights: Revenue Up 28%

• The company reported robust growth across key financial metrics during the third quarter. Revenue reached ₹278.63 crores, representing a significant 28% year-on-year increase, while net profit stood at ₹50.52 crores with an 18% margin.
• Financial Metric: Q3 FY26 Growth (%)
• Revenue: ₹278.63 crores +28% YoY
• Net Profit: ₹50.52 crores 18% margin
• EBITDA Margin: 23.19% Maintained
• Applications Processed: 1.02 lakh
• UK contributed ~90% of revenue, down from ~95% earlier, while Ireland, Middle East, and other geographies now contribute ~3–5%.
• Management targets reducing UK dependence to ~50% over the next 5 years, with growth expected from Canada, Australia, USA, and new source markets.
• Stock Verdict: Positive

Stylam Industries Q3 FY2026 Results: Net profit surging 54.4% YoY

• Stylam Industries announced strong Q3 FY26 results, with net profit surging 54.4% year-on-year (YoY) to ₹46 crore.
• Revenue grew by 6.5% YoY to ₹271 crore
• EBITDA margin expanded to 20.6% from 18.1% in the corresponding quarter last year, reflecting improved operational efficiency. 

Key Highlights for Q3 FY26 (Ended Dec 2025):

• Net Profit: Surged 54.4% YoY to ₹46.00 crore.
• Revenue: Increased 6.5% YoY to ₹271 crore.
• EBITDA: Grew 21.3% to ₹56 crore.
• EBITDA Margin: Expanded by 250 bps to 20.6%.
• EPS: Recorded at ₹27.16 for Q3 FY26. 
• Stock Verdict: Positive

Nippon Life India Asset Management Q3 FY2026 Result: PAT up 37%

• Nippon Life India Asset Management Limited (NAM-INDIA) reported achieving a total Assets Under Management (AUM) of ₹8 trillion and a Mutual Fund AUM of ₹7 trillion.
• For Q3 FY26, the company posted its highest ever quarterly Operating Profit at ₹4.58 billion and a Profit After Tax (PAT) of ₹4.04 billion, marking a significant YoY increase of 37% and a 17% rise QoQ.
• NAM-INDIA was recognized as the fastest-growing Asset Management Company (AMC) among the top 10 AMCs in both Q3 FY26 and 9M FY26, with its overall AUM market share reaching 8.65%, its highest since June 2019.
• The company also maintained a strong market share in Equity Net Sales and SIPs, both exceeding its Equity AUM market share.
• A significant development highlighted was the authorized strategic collaboration with DWS Group, a leading European Asset Manager, for DWS to acquire up to a 40% minority stake in Nippon Life India AIF Management Limited. This collaboration extends to areas like passive investment products and global distribution.
• Financially, for Q3 FY26, Revenue stood at ₹7.05 billion (up 20% YoY), Other Income at ₹0.75 billion (up 3.9 times YoY), and Operating Expenses at ₹2.48 billion (up 17% YoY).
• For the quarter ended December 31, 2025, NIMF’s average assets under management stood at Rs 7.01 trillion (USD 78.0 billion) up 23% YoY.
• NIMF has one of the largest retail assets in the Industry, at Rs 2.01 trillion (USD 22.3 billion). Retail assets contributed 28% to NIMF’s AUM vs Industry average of 27%.
• High Networth Individual (HNI) AUM at Rs 2.27 trillion (USD 25.2 billion), 34% YoY & market share up 109 bps YoY. Sustained market share gain for 16 successive quarters.
• Corporate AUM was Rs 2.84 trillion (USD 31.6 billion), 23% YoY & market share growth of 6 bps YoY.
• NIMF’s AUM from ‘Beyond the Top 30 cities’ (B-30) stood at Rs 1.41 trillion (USD 15.7 billion), 20% YoY. This forms 19.9% of NIMF’s AUM vs. 18.4% for the Industry.
• NIMF’s quarterly systematic flows rose by 11% YoY to Rs 109.8 billion (USD 1.2 billion). This increase resulted in an annualised systematic book of ~INR 451 billion (USD 5.0 billion).
• NIMF is one of the largest ETF players with AUM of Rs 2.09 trillion (USD 23.3 billion) and a market share of 20.31%.
• Nippon India AIF offers Category II and Category III Alternative Investment Funds and has a total commitment of Rs 89.2 billion (USD 1.0 billion) across various schemes (up 28% YoY).
• NIMF has geographical presence at 271 locations pan India and is amongst the highest in the industry.
• Digital purchase transactions rose to 4.32 million in Q3FY26, up from 4.08 million in Q3FY25. Digital channel contributed 77% to new purchase transactions in Q3FY26.
• Stock Verdict: Positive

Coromandel International Ltd Q3 FY2026 Result:

• Coromandel’s Total Income for the quarter ended December 2025 was at Rs. 8,863 Cr vs. Rs. 7,049 Cr for the quarter ended December 2024. The Profit after tax for the quarter was at Rs. 488 Cr as against Rs. 508 Cr for the quarter ended December 2024.
• Coromandel’s Total Income for YTD December 2025 was at Rs. 25,759 Cr vs. Rs. 19,330 Cr in the corresponding period of the previous year. The Profit after tax for YTD December 2025 was at Rs. 1,784 Cr as against Rs. 1,476 Cr in the corresponding period of the previous year.
• Coromandel International achieved its highest ever quarterly fertilizer production of 9.9 lakh tonnes, an 18% increase over the previous year.
• The company reported a strong performance in its Crop Protection business, with a 24% revenue growth and a 74% increase in EBIT, resulting in a margin improvement from 14% to 30%.
• The Specialty Nutrient business achieved record Q3 volumes, driven by improved performance in micronutrients and organic categories.
• Coromandel’s backward integration projects for sulfuric acid and phosphoric acid are progressing well and are expected to be commissioned soon, which will enhance operational efficiencies.
• The company has become a market leader in Nano DAP, with a 68% growth over the last year, and is exploring global markets for this product.
• Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) stood at ₹799.8 crore, a growth of 10.8% from last year’s figure of ₹722 crore.
• The company reported an EBITDA margin of 9.1% compared to 10.4% last year.
• Stock Verdict: Neutral

Swiggy Q3 FY2026 Results: Revenue up 54% & Net loss above ₹1,000 crore

• Net loss for the quarter widened to ₹1,065 crore compared to a loss of ₹800 crore during the same quarter last year.
• Revenue for the period grew by 54% from the year-ago period to ₹6,148 crore from ₹3,993 crore.
• Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter also was a loss of ₹782 crore, compared to an EBITDA loss of ₹725 crore.
• Swiggy’s Food delivery business reported revenue of ₹2,041 crore, higher than the ₹1,637 crore that it had reported during the same quarter last year.
• Gross Order Value for the Food Delivery business increased by 20.5% from last year, while its EBITDA on an Adjusted basis is up 1.5x to ₹272 crore.
• Quick Commerce revenue at the end of the December quarter grew by 76% to ₹1,016 crore from ₹577 crore last year. On a sequential basis, the quick commerce topline is nearly flat. EBIT loss for the Quick Commerce business stood at ₹791 crore, wider than the EBIT loss of ₹528 crore last year.
• GOV for Instamart doubled in value, rising 103% from last year, led by a 40% jump in the Average Order Value. Contribution margins improved by 9 basis points sequentially. Adjusted EBITDA loss stood at ₹908 crore.
• Instamart added 37 dark stores during the quarter, taking the total dark store network to 1,136 across 131 cities and 4.8 million square feet.
• Revenue from the supply chain and distribution business stood at ₹2,981 crore from ₹1,693 crore last year.
• Stock Verdict: Negative

Canara Bank Q3 FY2026: Net Profit up 26%, Asset Quality Improves Sharply

• Gross Advances stood at Rs 11,92,326 crore, grew by 13.59%.
• RAM Credit grew by 18.70%.
• Retail Credit grew by 31.37% with Housing loan growth at 17.58% and Vehicle loan at 26.20%.
• Fee Base Income stood at Rs 2,327 crore grew by 6.50 %.
• Global Business stood at Rs 27,13,594 crore, grew by 13.23%.
• Global Deposit stood at Rs 15,21,268 crore grew by 12.95%.
• Gross Advances stood at Rs 11,92,326 crore, grew by 13.59%.
• RAM Credit grew by 18.70%.
• Retail Credit grew by 31.37% with Housing loan growth at 17.58% and Vehicle loan at 26.20%.
• Fee Base Income stood at Rs 2,327 crore grew by 6.50 %.
• Operating Profit stood at Rs 9,119 crore grew by 16.36%.
• Net Profit for stood at Rs 5,155 crore grew by 25.61%.
• Provision Coverage Ratio (PCR) at 94.19% improved by 293 bps.
• Earnings per share grew by 22.11%.
• Gross NPA Ratio stood at 2.08%, improved by 126 bps.
• Net NPA Ratio stood at 0.45%, improved by 44 bps.
• Credit Cost stood at 0.64% improved by 25 bps.
• Slippage Ratio stood at 0.64% improved by 32 bps.
• Business:
  • Global Business increased by 13.23% (YoY) to Rs 27,13,594 crore as at December 2025, Global Deposits increased by 12.95% (YoY) to Rs 15,21,268 crore and Global Advance (gross) increased by 13.59% (YoY) to Rs 11,92,326 crore.
  • Domestic Deposit of the Bank stood at Rs 13,97,045 crore as at December 2025 with growth of 11.10% (YoY).
  • Domestic Advances (gross) of the Bank stood at Rs 11,19,289 crore as at December 2025 grew by 13.34% (YoY).
  • RAM credit increased by 18.70% (YoY) to Rs 7,04,041 crore.
  • Retail lending Portfolio increased by 31.37% (YoY) to Rs 2,73,395 crore.
  • Housing Loan Portfolio increased by 17.58% (YoY) to Rs 1,21,172 crore.
• Asset Quality:
  • Gross Non-Performing Assets (GNPA) ratio improved at 2.08% as at December 2025 reduced from 2.35% as at September 2025, 3.34% as at December 2024.
  • Net Non-Performing Assets (NNPA) ratio improved to 0.45% as at December 2025 reduced from 0.54% as at September 2025, 0.89 % as at December 2024.
  • Provision Coverage Ratio (PCR) stood to 94.19% as at December 2025 against 93.59% as at September 2025, 91.26% as at December 2024.
• Capital Adequacy: CRAR stood at 16.50% as at December 2025. Out of which CET1 is 12.37%, Tier-I is 14.60% and Tier-II is 1.90%.
• Stock Verdict: Negative

Adani Power Q3 FY2026 Result Highlights

• Installed Capacity: 18.15 gigawatts as of December 31, 2025, increased due to the acquisition of the Vidarbha plant.
• Power Sales Q3 FY26: 23.6 billion units, slightly higher than 23.3 billion units in the same period last year.
• Revenue Q3 FY26: INR 12,717 crore, slightly lower than INR 13,434 crore in the same period last year.
• Fuel Cost Q3 FY26: INR 6,800 crore, 9.7% lower than INR 7,500 crore in the same period last year.
• Operating Expenses Q3 FY26: INR 1,280 crore, 14.8% higher than INR 1,115 crore in the same period last year.
• EBITDA Q3 FY26: INR 4,636 crore, slightly lower than INR 4,786 crore in the same period last year.
• Profit Before Tax Q3 FY26: INR 2,800 crore, higher than INR 2,659 crore in the same period last year.
• Profit After Tax Q3 FY26: INR 2,488 crore, compared to INR 2,940 crore last year.