Guidance upgrades during Q1FY27 (Part-3)

Guidance upgrades during Q1FY27 (Part-3) # 1. M & B Engineering- * *Q4FY26:* Guided for 25% topline growth. [](https://substackcdn.com/image/fetch/$s_!Cy1Q!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F51d62330-00db-4993-8735-bf8122ce3600_566x193.png) * *Q1FY27:* Will deliver 25%+ growth. [](https://substackcdn.com/image/fetch/$s_!kE_E!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F22395fed-e4a3-43dd-8b13-53f178ab978b_587x112.png) # 2. Aarti drugs- * *Q4FY26:* Guided for 8-10% volume growth. [](https://substackcdn.com/image/fetch/$s_!ehrS!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F62bdbd0b-6ec0-4378-9bd0-ad8e824a354c_771x153.png) * *Q1FY27:* 10-15% volume growth for next 2 years. [](https://substackcdn.com/image/fetch/$s_!cpCK!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F70afa239-54c5-4707-ae31-d2171722923e_775x107.png) # 3. Gufic Bio- * *Q4FY26:* Guided for 15% revenue growth. [](https://substackcdn.com/image/fetch/$s_!ZJCd!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F76bb34b9-9ee6-4e86-ab6f-a0d6bbee172c_732x107.png) * *Q1FY27:* Could grow by 15-20% growth. [](https://substackcdn.com/image/fetch/$s_!cI2Q!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9da6f1ac-e42a-4414-981b-2f093731cd52_765x200.png) # 4. IPCA labs- * *Q4FY26:* Will grow by 12-13% with margin expansion. [](https://substackcdn.com/image/fetch/$s_!qGCd!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F29bd7363-b36d-4ae6-9980-33ab3841e547_732x236.png) * *Q1FY27:* Guidance upgraded to 14-16%. [](https://substackcdn.com/image/fetch/$s_!QV-F!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F264a818c-ab7d-4946-852f-56fac6d373d0_718x120.png) # 5. Kwality Pharma- * *Q4FY26:* Guided for 650-700 cr revenue. [](https://substackcdn.com/image/fetch/$s_!_sS5!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F5aca752c-1ae2-4f3a-a04a-0e18c2c9da61_777x230.png) * *Q1FY27:* Will do 700 cr+ revenue. [](https://substackcdn.com/image/fetch/$s_!ITZx!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9bb0bada-14d2-4e68-a321-f52a1f6ef51d_773x220.png) # 6. Goodluck India- * *Q4FY26:* Will grow by 14-15%. [](https://substackcdn.com/image/fetch/$s_!Uxj2!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F3c7eec92-7f1b-495a-b15b-24504ff426e2_775x207.png) * *Q1FY27:* Guidance came back to 15-20% growth. [](https://substackcdn.com/image/fetch/$s_!bv6U!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9293bae0-73e0-4575-8feb-253e22e9e61e_812x235.png) # 7. - Fujiyama Power- * *Q4FY26:* 50% topline growth guided. [](https://substackcdn.com/image/fetch/$s_!boyc!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbc704064-2fca-455d-a353-e1b7568d05b6_562x147.png) * *Q1FY27:* Guidance revised upwards to 70%. [](https://substackcdn.com/image/fetch/$s_!_rXc!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F3aec6580-12b5-49f1-ab2d-0a045cc75735_758x233.png) # 8. Sadhav Shipping- * *Q4FY26:* Guided for 115-120 cr revenue (15-20% growth). [](https://substackcdn.com/image/fetch/$s_!OV3y!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fba674ea1-734c-46a1-878a-07f24c4031ee_788x202.png) * *Q1FY27:* Guided for 20% revenue, PAT growth. [](https://substackcdn.com/image/fetch/$s_!iHFO!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F96b7dbb4-c761-4c46-9ea1-20f2ade1fe35_555x417.png) # 9. GFCL- * *Q4FY26:* Will grow by 20-25% [](https://substackcdn.com/image/fetch/$s_!iYkx!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F6b2afd0a-1305-499f-ad2d-fd92af8c6955_775x160.png) * *Q1FY27:* Raised guidance to 40%+ [](https://substackcdn.com/image/fetch/$s_!4TsK!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fb1bf9c7f-2348-4f8a-a136-63f65e3adf16_597x210.png) # 10. Sportking- * *Q4FY26:* 15-20% growth can be done. [](https://substackcdn.com/image/fetch/$s_!akU7!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F72d12bee-5fc6-446e-bef2-45b6ad4c3cd7_642x130.png) * *Q1FY27:* Targeting 3000 cr revenue (+20%). [](https://substackcdn.com/image/fetch/$s_!Hp0J!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Ffa0df307-6d30-4283-a164-178dac1a8cdd_855x176.png) # 11. Capri Global- * *Q4FY26:* 25% AUM growth guidance for the year, 46,000 cr AUM. [](https://substackcdn.com/image/fetch/$s_!me4H!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F3b45e296-43bd-4e01-a79c-1ae5c0195815_771x238.png) * *Q1FY27:* Guidance upgraded to 50,000 cr AUM. [](https://substackcdn.com/image/fetch/$s_!THi7!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F63ee2671-be5e-49de-8068-75ad7a14c609_745x122.png) # 12. Finkurve Financial Services- * *Q4FY26:* The gold lender guided for 40-50% AUM growth guidance for FY27. [](https://substackcdn.com/image/fetch/$s_!8RS0!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F03935bf3-2f40-4fb2-878e-f9ffb2cfd436_797x127.png) * *Q1FY27:* Guidance upgraded to 50-60% AUM growth. [](https://substackcdn.com/image/fetch/$s_!Eep_!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F561ea736-4cb3-4848-803c-6cdc936f9333_765x112.png) # 13. Muthoot Microfinance- * *Q4FY26:* Guided for 12-15% AUM growth during Q4FY26 conference call. [](https://substackcdn.com/image/fetch/$s_!Z8EG!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8dab369c-f22f-4e4a-b84e-1859e78e9108_815x125.png) * *Q1FY27:* Guidance revised to 20%. [](https://substackcdn.com/image/fetch/$s_!JH6P!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8991995c-8f08-4880-aa89-d2c9142c0ced_600x105.png) # 14. State bank of India- * *Q4FY26:* Guided for 13-14% credit growth for the FY. [](https://substackcdn.com/image/fetch/$s_!DqOn!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd4105b1d-4168-4084-8c63-bbab85607eb3_798x312.png) * *Q1FY27:* Guided for 14-15% credit growth. [](https://substackcdn.com/image/fetch/$s_!sHbM!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd536d844-c2b3-46e4-9a21-1d5f37dda97e_692x247.png) # 15. Punjab & Sind bank- * *Q4FY26:* Guided for 16-18% advance growth. [](https://substackcdn.com/image/fetch/$s_!jIkV!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F968d5dc9-5894-4720-841e-e22b23110ba8_808x193.png) * *Q1FY27:* Growth guidance upgraded to 18-20%. [](https://substackcdn.com/image/fetch/$s_!FGyF!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F7e5f442f-5801-4dd1-bc5d-185e1f49aa77_793x230.png) # 16. Tamilnad Mercantile bank- * *Q4FY26:* Will do around 20% advance growth. [](https://substackcdn.com/image/fetch/$s_!EQ4Z!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fe6031a9e-11bb-4543-b744-5a95e3203006_561x125.png) * *Q1FY27:* Guidance upgraded to 21-22%. [](https://substackcdn.com/image/fetch/$s_!Mi67!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F07b0459e-5775-489e-b596-c891d510da4b_606x93.png) # 17. Ujjivan SFB- * Although advance growth guidance stayed constant at 25%, asset quality (credit cost), profitability (ROA) guidance improved. * *Q4FY26:* 1.6% ROA, 1.4-1.5% credit cost. [](https://substackcdn.com/image/fetch/$s_!uv04!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F58cb40dc-e0a9-4618-a023-d986be701435_1042x460.png) * *Q1FY27:* Guidance upgraded to 1.8-2% ROA, 0.9-1% credit cost. [](https://substackcdn.com/image/fetch/$s_!2OW5!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F65f19d3e-ef2f-436f-9237-abe7e58f76d8_786x332.png) # 18. Manba Finance- * *Q4FY26:* Guided for 25-30% growth. [](https://substackcdn.com/image/fetch/$s_!y6Bp!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F783deb1a-c79f-49b4-a5f2-abe536b8959d_766x107.png) * *Q1FY27:* Guidance improved significantly- 35-40% AUM growth. [](https://substackcdn.com/image/fetch/$s_!0iRr!,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F50b168c9-7f05-4f21-ba95-cdee914a5101_557x111.png) I think I have covered almost all the guidance upgrades that happened during Q1 over these 3 parts. *\*\* I am not a registered research analyst and these are not buy/sell recommendation, DYOR.* Find my Substack on my profile.