A total of 131 companies are set to report their Q4 results on Thursday, 29 May, spanning sectors including aviation, paints, pharmaceuticals, metals, renewable energy, infrastructure, FMCG, media, real estate, and engineering.
Notable companies set to announce their Q4FY26 earnings comprise , InterGlobe Aviation (), NMDC, Glenmark Pharmaceuticals, Indian Renewable Energy Development Agency (), BEML, Inox Wind, and Rubicon Research.
Asian Paints is expected to remain a focus point due to projected lacklustre performance driven by weak urban demand and increased input costs, while NMDC’s results will be monitored for insights into iron ore prices, production levels, and demand trends in the metals industry.
In the pharmaceutical sector, Glenmark Pharmaceuticals and other healthcare firms are anticipated to draw attention for updates concerning export performance, profit margins, and regulatory changes.
IREDA and Inox Wind, will also be in focus as the market evaluates growth momentum in the clean energy sector.
Q4 results Preview
Asian Paints
According to Motilal Oswal Financial Services, Asian Paints is expected to report a weak quarter-on-quarter performance in Q4FY26, with revenue growth estimated at 4.7% on a weak base. The brokerage expects domestic decorative paints volume growth of around 9% year-on-year, although value growth may remain lower due to downtrading trends.
Motilal Oswal also noted that upcoming price hikes in the paints category could support primary sales through higher channel filling. Gross profit margin is projected to expand 40 basis points YoY to 44.3% on stable raw material prices, while EBITDA margin is expected to improve 130 basis points YoY to 18.5%. The brokerage added that it does not expect any significant impact from elevated crude oil prices during the fourth quarter.
IndiGo
Motilal Oswal Financial Services, said that InterGlobe Aviation (IndiGo) is expected to report Average Seat Kilometre (ASK) of 44.2 billion in Q4FY26, reflecting a 5% year-on-year growth, while passenger load factor (PLF) is estimated at 86%, compared to 87.4% in the corresponding quarter last year. Revenue passenger kilometres (RPK) are projected at 38 billion, up 3.3% YoY.
The brokerage noted that IndiGo continues to focus on international expansion through the addition of new routes, network expansion, and code-share agreements. Motilal Oswal also highlighted that average fares remained largely flat quarter-on-quarter at ₹6,149 for one-month forward bookings during the quarter, while fares for 15-day forward bookings declined 9% QoQ to ₹6,552.
NMDC
Motilal Oswal Financial Services, said that NMDC is expected to report strong earnings growth in Q4FY26, supported by healthy volume growth, although average selling prices (ASP) remained largely flat during the quarter.
The brokerage expects EBITDA per tonne to remain steady at around ₹1,700 per tonne in the March quarter. Motilal Oswal also highlighted that the status of incremental environmental clearances (ECs)will remain a key monitorable for the company’s future earnings growth trajectory.
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