Negative Working Capital: The Untold Side of Liquidity. Working Capital = Current Assets – Current Liabilities. Normally, investors love to see this positive → it means a company can easily cover short-term obligations. But sometimes, companies run on Negative Working Capital.

Monday Blues ❌.Monday Greens ✅

Final Take:. This quarter offered stark contrasts Rice and Liquor players (KRBL, Tilaknagar) delivered fireworks, Cigarette makers soared, while marquee names like Nestlé and Dabur grappled with rising costs. The story of FY26 is shaping up to be one of margin resilience and.

Dabur India. Dabur’s Q1 net profit edged up 3% YoY to ₹514 crore, with revenue rising 2% to ₹3,405 crore. Analysts noted that excluding weather-impacted seasonal categories, business grew 7% suggesting improving margin prospects as consumption normalizes.

Nestlé India. Despite a 6% YoY revenue rise to ₹5,096 crore, Nestlé’s profits fell 13.4% to ₹647 crore due to steep commodity and operational costs. Shares slipped up to 5% as margin headwinds weighed on sentiment.

Godfrey Phillips India. Saw a massive 56% YoY surge in consolidated net profit to ₹356 crore, alongside a 36.5% revenue growth in its cigarette segment. The board approved a 2:1 bonus share issue, prompting a 10–16% run-up in share price over two sessions.

Tilaknagar Industries. The IMFL maker’s Q1 profits more than doubled 121% YoY to ₹88.5 crore, on the back of 30.6% revenue growth to ₹409 crore, and sharp margin gains (EBITDA margin expanded 700 bps to 23%). A ₹25 crore capex to boost bottling capacity signals aggressive.

KRBL Ltd. KRBL delivered a stellar quarter with consolidated net profit soaring 74% YoY to ₹151 crore, driven by a robust 32% rise in revenue to ₹1,584 crore and improved margins (EBITDA up 62%, margin at 13.9%). Shares rallied over 18% to touch a 52-week high, reflecting.

Page Industries. Page Industries posted a stellar performance with Q1 FY26 consolidated PAT up 21.5% YoY to ₹201 crore on strong revenue of ₹1,317 crore (+3%). EBITDA growth at ~21% and volume expansion showed resilience. The board also declared an interim dividend of ₹150.

Titan Company. Titan delivered a blockbuster quarter, standalone net profit surged 52.5% YoY to ₹1,091 crore, thanks to strong jewellery and watch demand. Revenue grew 24% to ₹16,628 crore. Jewellery sales (ex-bullion) rose 19%, CaratLane grew 39%, and watches/shoes saw.

Emami. Emami defied a weak summer season, posting a 9% YoY jump in consolidated net profit to ₹164 crore while revenue stayed flat at ₹904 crore. The uptick came from improved operational efficiency and resilient core categories. The stock was almost up by 8% after the.

Britannia Industries. Britannia reported a 3% YoY increase in consolidated net profit to ₹521 crore, against expectations of ₹570 crore. Revenue rose a healthy 9% to ₹4,622 crore. Cost inflation wheat, cocoa, and palm oil squeezed margins (EBITDA margin at ~16.4%). Despite.

ITC Ltd. ITC posted striking top-line growth, with consolidated revenue soaring ~19–20% YoY to ₹23,129 crore. Standalone net profit nudged up ~3% to ₹5,244 crore amid rising brand-building costs and hotels demerger. Cigarettes and agri segments performed well, while.

HUL. Hindustan Unilever delivered a solid quarter with standalone net profit rising ~8% to ₹2,732 crore and revenue up ~4% to ₹15,931 crore. Volume growth stood at 3%, supported by strong urban demand and premium skincare and home care sales. Volume growth stood at 3%,.

FMCG Earnings Roundup Q1 FY26. From biscuits to cigarettes, and from jewellery to packaged rice, India’s top FMCG brands shared their quarterly scorecards last week. Here’s a quick breakdown of the big names & how they performed 🧵.

Final Word. BlueStone is trying to carve a niche in an old-school industry with a new-school approach. Could it glitter in your portfolio? Or will the shine fade?. 💬Your thoughts? Would you apply?.

What’s Interesting. Jewellery market in India is huge, but dominated by legacy players like Titan’s Tanishq & Kalyan Jewellers. BlueStone is betting on design innovation, faster delivery, and D2C branding to stand out.

Business Model. Started online, BlueStone has now adopted an omnichannel approach:. 1. Flagship online platform.2. Experience stores in select cities.3 .This hybrid strategy aims to capture both convenience shoppers & traditional jewellery buyers.

Investor Backing. The brand counts Accel India, Saama Capital, and Kalaari Capital among its marquee investors. It’s one of the few Indian jewellery players that built its brand primarily online before expanding offline.

Anchor Investors Jumped In Early. Before opening to the public, BlueStone raised ₹693.29 crore from anchor investors. This shows solid institutional interest but remember, that doesn’t guarantee listing gains.