Conglomerates
Thermax Limited (thermax) Q1 FY 2026-27: Conserving Resources, Preserving the Future
Thermax Limited (THERMAX) announces Q1 FY 2026-27 results with a focus on resource conservation and future sustainability.
Thermax Limited (THERMAX) has announced its Q1 FY 2026-27 results, highlighting its commitment to conserving resources and preserving the future. The company reported an order book growth of 2% to Rs. 2,809 crore, driven by improved performance in TBWES, Industrial Products, and Green Solutions. Despite a lower profit for the quarter due to a project cost overrun of Rs. 91 crore in the Industrial Infra segment, the company remains optimistic about its future prospects.
Order Book and Balance
The order booking grew to Rs. 2,809 crore, with consistent demand across chemicals, F&B, and metal & mining sectors. Notably, data centers are emerging as a high-potential growth sector, reflecting the company’s strategic focus on future-ready solutions.
Consolidated Performance
The consolidated order balance stood at Rs. 14,045 crore, up from Rs. 11,376 crore in the same period last year. Revenue for the quarter was Rs. 2,303 crore, while profit before tax (PBT) was Rs. 42 crore, showing a slight dip in profitability due to the exceptional item recognized in the Industrial Infra segment.
Looking ahead, Thermax Limited remains committed to its mission of being a globally respected high-performance organization offering sustainable solutions in energy and the environment.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Thermax Limited
Thermax Limited belongs to the Industrials › Conglomerates sector. Here’s a quick read on where the business and the stock stand today.
Thermax posts a 4.3% three-month gain, but softens in the last few weeks. The PEG reaches 3.91. The stock trades on brand and index weight, not on growth. Thin margins at 6.7% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The stock gives back 17.6% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 9.8% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of Thermax Limited.
Conglomerates
Cyient Limited (cyient) Showcases AI Data Center Power at Electronica 2026
Cyient Limited (CYIENT) unveils AI data center power, edge AI, and custom ASIC solutions at electronica 2026 event.
Cyient Limited (CYIENT) showcased its semiconductor portfolio at electronica 2026, highlighting AI data center power, edge AI, and custom ASIC solutions. The event took place from 10 to 13 November in Munich, Germany. Cyient Semiconductors, a global fabless semiconductor company, presented its comprehensive range of application-specific standard products (ASSPs) and custom ASIC solutions.
Power Management Solutions
Kinetic Technologies, a Cyient Semiconductors company, exhibited power management semiconductor products. This includes the KTS1642Q automotive load switch and USB-C protection solutions. These solutions support efficient and reliable power delivery for edge AI platforms and advanced SoCs.
Custom ASIC Solutions
Cyient Semiconductors’ custom ASIC solutions integrate high-precision analog, RF, and microcontroller functionality for medical, industrial, and defense applications. The company is developing 800V high-voltage power technologies for AI data centers, industrial automation, and e-mobility.
Future Roadmap
Suman Narayan, CEO of Cyient Semiconductors, emphasized the company’s roadmap to support customers from innovation through reliable production supply. The company aims to build a global semiconductor product company by combining differentiated power IP with turnkey custom silicon.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Cyient Limited
Cyient Limited belongs to the Industrials › Conglomerates sector. Here’s a quick read on where the business and the stock stand today.
Cyient gains 39.9% over three months and trades near its 52-week highs. Thin margins at 5.0% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue contracts at 6.5% CAGR. That signals structural headwinds, not a short-term blip. The stock trades at 94% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. The stock rises 39.9% in three months on 6.5% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Cyient Limited.
Conglomerates
Dcm Shriram Limited (dcmshriram) Q2 FY27: 22% Revenue Growth at ₹3,977 Crore
DCM Shriram Limited reports a 22% revenue growth in Q2 FY27, reaching ₹3,977 crore, driven by Chemicals & Vinyl, Sugar & Ethanol, Fenesta Building Systems, a.
DCM Shriram Limited (NSE: DCMSHRIRAM) announced consolidated financial results for the second quarter and half year ended September 30, 2026, reporting a consolidated net revenue of ₹3,977 crore, marking a 22% growth over ₹3,272 crore in the corresponding quarter last year. This robust performance was driven by significant contributions from Chemicals & Vinyl, Sugar & Ethanol, Fenesta Building Systems, and Fertilizer businesses.
Chemicals & Vinyl
The Chemicals business saw a 47% revenue growth to ₹1,343 crore, supported by improved ECU realizations and contributions from advanced materials value chain. The commissioning of the Aluminium Chloride plant and partial commissioning of the Calcium Chloride plant at Bharuch further strengthened downstream integration.
Sugar & Ethanol
The Sugar & Ethanol business recorded a 10% revenue increase to ₹1,023 crore, while PBDIT grew 85% to ₹62 crore. Higher domestic sugar prices and improved ethanol margins supported performance, despite lower sugar sales volumes. Ethanol sales volumes increased 24% during the quarter due to a timing difference.
Fenesta Building Systems
Fenesta Building Systems continued its growth momentum, recording revenue of ₹344 crore, up 22%, driven by higher volumes in the Projects vertical. PBDIT increased 15% to ₹49 crore. The commissioning of Phase I of its Aluminium Extrusion Plant at Kota marks a significant milestone in its backward integration strategy.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of DCM Shriram Limited
DCM Shriram Limited belongs to the Industrials › Conglomerates sector. Here’s a quick read on where the business and the stock stand today.
DCM trades in the lower quarter of its 52-week range. Revenue contracts at 5.5% CAGR. That signals structural headwinds, not a short-term blip. The stock gains 2.8% in the last month, recovering from the three-month slide. However, it is too early to call this a confirmed reversal. Revenue grows at 5.5% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of DCM Shriram Limited.
Conglomerates
Cyient Limited (cyient) Q2 FY27: Revenue Up 8.1%, EBIT Margin 14.2%
Cyient Limited (CYIENT) reports strong Q2 FY27 performance with revenue up 8.1% QoQ and EBIT margin at 14.2%.
Cyient Limited (CYIENT) announced its financial results for the quarter ended September 30, 2026, showcasing robust performance with revenue up 8.1% QoQ and 15.7% YoY. The EBIT stood at INR 237 crores, marking a 16.8% QoQ growth and a 14.2% EBIT margin.
Revenue and Order Intake
The company’s DET* segment reported revenue at INR 1,664 crores. The Q2 FY27 order intake grew by 20.8% YoY, reflecting strong demand across all key segments.
Profitability and Cash Flow
Cyient DET* PAT reached INR 153 crores, with a QoQ growth of 8.7%. The company also generated INR 214 crores in free cash flow (FCF), with a FCF to PAT conversion rate of 139%.
Sukamal Banerjee, Executive Director and Chief Executive Officer, highlighted the quarter’s achievements, noting the highest-ever Q2 order intake and the successful integration of TAO Digital, which adds depth to the company’s platform software and data engineering capabilities.
Looking ahead, Cyient remains confident in navigating industry headwinds and creating sustainable long-term value for shareholders, driven by strong order books and a maturing pipeline.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Cyient Limited
Cyient Limited belongs to the Industrials › Conglomerates sector. Here’s a quick read on where the business and the stock stand today.
Cyient gains 39.9% over three months and trades near its 52-week highs. Thin margins at 5.0% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue contracts at 6.5% CAGR. That signals structural headwinds, not a short-term blip. The stock trades at 94% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. The stock rises 39.9% in three months on 6.5% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Cyient Limited.
-
Consumer Cyclical3 days agoSky GOLD and Diamonds Limited (NSE: Skygold) Q2 and H1 FY27: Revenue at Rs 4,403.45 Crore, PAT Up 111.9%
-
Consumer Cyclical3 days agoKanpur Plastipack Limited (NSE: Kanprpla) Q2 FY27: Revenue, Ebitda & PAT Surge
-
Auto Parts3 days agoSchaeffler India Limited (NSE: Schaeffler) Q3 FY26: Double-digit Growth Across Domestic and Export Businesses
-
FDC3 days agoFdc Limited (NSE: FDC) Delivering Excellence: Q2 & H1 FY27 Results Show Robust Growth
-
Energy3 days agoGandhar Oil Refinery (india) Limited (NSE: Gandhar) Q2 FY27: Highest Ever Quarterly Revenue of ₹1,847 Crore
-
Communication Services3 days agoIndus Towers Limited (industower): Q2 FY26 Results: Revenue Up 4%, Ebitda Rises 0.4%
-
Consumer Cyclical3 days agoSiyaram Silk Mills Limited Q2 & H1 FY27 Results: Revenue Up 15.1% in Q2 FY27
-
Software - Application3 days agoTanla Platforms Limited (tanla) Q2 FY27 Results: Revenue Up 25.3% Yoy