Live Updates on Q4 Results – May 2, 2026
Stay updated with the latest Q4 results from various companies, including APL Apollo Tubes, Ashoka Metcast, Bhageria Industries, Avenue Supermarts, Epigral, Family Care Hospitals, Galaxy Bearings, Gujarat Containers, IKIO Technologies, India Shelter Finance Corporation, Kanpur Plastipack, Kotak Mahindra Bank, LG Balakrishnan & Bros, Mitsu Chem Plast, Netweb Technologies India, Nila Infrastructures, Nitta Gelatin India, Omax Autos, Rhetan TMT, Sharp Investments, Shetron, SMC Global Securities, Swastika Investmart, and Tacent Projects.
Key Highlights
Square Yards Reports Strong FY26 Results
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Date: May 2, 2026, 10:20 AM
Square Yards announced impressive financial results for FY26, reporting revenues of ₹2,086 crore (approximately USD 223 million), marking a year-on-year growth of 48%. This achievement corresponds to a five-year compound annual growth rate (CAGR) of approximately 53%, and an increase of 8.5 times from ₹246 crore in FY21. -
Profitability: EBITDA surged to ₹176 crore (≈ USD 19 million), reflecting a significant year-on-year increase of 269% and an EBITDA margin enhancement of 504 basis points, rising from 3% in FY25 to 8% in FY26. This marks the third consecutive year of positive EBITDA.
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Gross Profit: The gross profit reached ₹476 crore (≈ USD 51 million), growing by 49% year-on-year and maintaining gross margins at 23% on a considerably larger revenue base.
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Segmental Performance: Segmental EBITDA rose by 71% year-on-year to ₹314 crore, with margins improving from 13% to 15%, a rise of 206 basis points.
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Geographical Revenue Breakdown: Revenue from India grew by 57% year-on-year, contributing 88% of total revenue, while the international segment (Gulf Cooperation Council and Rest of World) constituted the remaining 12%.
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Q4 Performance: Q4 FY26 witnessed a robust revenue growth of 53% year-on-year, marking the highest quarter of the fiscal year and setting a strong momentum for FY27.
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Future Outlook: Square Yards aims for over 40% revenue growth and expects to achieve double-digit EBITDA margins for FY27. Tanuj Shori, the Founder and CEO, stated, “We are at an interesting trisection of scale, growth, and profitability. The operational phase we are in allows us to think beyond the next five years of growth, given our low single-digit market share.”
Filatex India Reports FY26 Results
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Date: May 2, 2026, 10:16 AM
Filatex India Limited reported a 36.66% rise in net profit year-on-year for FY26, despite a slight contraction in overall revenue. The profit after tax for the fiscal year ended March 31, 2026, was ₹183.90 crore, up from ₹134.57 crore in FY25. -
Revenue Analysis: Revenue from operations fell by 2.15% to ₹4,160.52 crore from ₹4,252.52 crore a year prior. However, EBITDA improved by 34.47% to ₹346.52 crore, with margins increasing significantly to 8.33% from 6.06% in FY25.
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Quarterly Insights: In the fourth quarter, net profit was reported at ₹40.25 crore, slightly down from ₹41.38 crore in Q4 FY25. Revenue for the quarter decreased by 8.75% to ₹985.49 crore, while EBITDA saw an improvement of 13.89% to ₹86.24 crore, with a margin rise to 8.75%, up from 7.01% the previous year.
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Production Volumes: The production volumes remained stable at 389,027 MT for the year, while sales volumes dipped marginally to 388,813 MT.
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Challenges and Future Plans: The company noted that geopolitical tensions in West Asia led to increased raw material costs, affecting the industry’s operating rates. However, the government’s removal of customs duties on PTA and MEG from April 2, 2026, is expected to alleviate near-term input cost pressures.
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Capital Expenditure: Filatex announced ongoing projects, including a ₹300 crore textile-to-textile recycling initiative and a ₹235 crore brownfield capacity expansion, both expected to be commissioned by September 2026. A focus on enhancing renewable energy usage aims to increase its share from 26% to 55% by November 2026. The company also signed a memorandum of understanding with American & Efird Global, LLC to test chemically recycled polyester yarn for thread manufacturing, targeting higher-value segments.
Published on May 2, 2026
