Q4 Results Today, April 15, 2026: ICICI Lombard, HDB Financial, Elecon, Tejas And All 14 Companies — Full Preview, Timings And What to Watch

Q4 FY26 results today kick off with 14 companies reporting earnings for the January–March 2026 quarter. Headlining the day is ICICI Lombard General Insurance — whose board meets at 11:30 AM IST and whose earnings call is at 7:30 PM — and HDB Financial Services, reporting its first full-year results as a listed entity since its landmark July 2025 IPO. Markets have opened sharply higher today, with Nifty futures up 1.55% to 24,227 as US-Iran peace hopes and overnight US market gains fuel risk-on sentiment.

The broader Q4 FY26 earnings season context: analysts expect India Inc. to deliver a mixed quarter — West Asia conflict driving crude above $100, US tariff uncertainty weighing on exports and sentiment, yet domestic consumption and government capex holding firm. Insurance, NBFC, engineering, and telecom sectors — all represented heavily on today’s results roster — each carry distinct stories.

Here is everything investors need to know about today’s Q4 results — company by company.

Q4 Results Today: All 14 Companies at a Glance — April 15, 2026

Source: BSE/NSE filings, Business Standard, ScanX. Market cap as of April 14 close.

Market Context: Why Today’s Q4 Results Matter More Than Usual

Nifty opens with 1.55% gap-up. At 7:30 AM, Nifty futures stood at 24,227.50 — up 369.80 points — as optimism around US-Iran peace talks injected risk-on sentiment across Asian markets. South Korea’s Kospi led Asian gains at +2.73%; Japan’s Nikkei +0.78%; and China’s CSI 300 +0.48%. Overnight, the US S&P 500 climbed 1.18% and Nasdaq surged 1.96%.

Against this backdrop, today’s Q4 FY26 results carry amplified significance. A positive market tone can magnify a good result’s stock impact, but it can also sharpen the pain of any miss. Companies reporting earnings today are spread across five distinct sectors — each with its own narrative going into the quarter.

1. ICICI Lombard General Insurance (ICICIGI) — Q4 FY26 Preview

Board Meeting: 11:30 AM IST | Earnings Call: 7:30 PM IST | CMP (April 14 close): ₹1,784.85 | Market Cap: ₹88,974 Cr

ICICI Lombard General Insurance is the headline act of today’s Q4 earnings — India’s second-largest private general insurer, managing a ₹26,833 crore revenue business (FY25 consolidated), and watched intensely by investors for two things: the trajectory of its combined ratio and the quantum of its final dividend.

What the Numbers Show Going In

Source: ICICI Lombard investor disclosures, Whalesbook, Insurance India — April 2026.

The Bull and Bear Case

Bull Case: ICICI Lombard’s Gross Direct Premium Income grew 21% YoY in March — significantly outperforming the industry average. If this GDPI strength flows through to Q4, the premium income line will be the strongest in several quarters. Motor third-party rate hike proposals from MoRTH — if materialised in FY27 — would be a structural margin catalyst. The stock is already pricing in uncertainty; any positive surprise triggers sharp re-rating.

Bear Case: The combined ratio of 104.5% in Q3 means the company is paying out more in claims than it earns in underwriting premium — a loss-making underwriting position. Q4 FY26 saw no structural change in the competitive dynamics of motor and health insurance. A second consecutive quarter of 9%+ YoY PAT decline would confirm a trend rather than a blip. The pending ₹19,000 crore GST demand (currently stayed by Bombay HC) remains a balance sheet risk that analysts cannot ignore.

What to Watch in the Earnings Call

• Combined ratio Q4 number — and management’s FY27 guidance on when it normalises below 104%

• GDPI growth decomposition: motor vs health vs crop vs commercial

• GST litigation update and any provisioning taken

• Final dividend recommendation — FY25 was ₹12.5/share, will FY26 match or exceed?

• Investment income and ULIP-related insurance reserves commentary

2. HDB Financial Services (HDBFS) — Q4 FY26 Preview: First Listed Full-Year Results

Board Meeting + Earnings Call: 6:30 PM IST | CMP (April 14 close): ₹615.20 | Market Cap: ₹51,082 Cr | IPO Price: ₹740 | IPO Listing: July 2, 2025 @ ₹835

HDB Financial Services is the most watched company on today’s results list — not because of size but because of context. This is its first full-year audited results as a listed entity, having debuted on NSE/BSE on July 2, 2025 at ₹835 — a 12.84% listing gain over its IPO price of ₹740. Promoted by HDFC Bank (74.2% promoter holding), HDBFS is a retail-focused NBFC serving underbanked customers across Tier 2 and Tier 3 India — with 1,771 branches in 1,170 towns.

Key Financial Profile Going Into Q4

Source: Screener.in, BusinessToday (Equirus initiation), HDB Financial BSE filings — April 2026.

Why This Result Matters — The ‘HDFC Bank Halo’ Test

HDB Financial Services benefits from HDFC Bank’s distribution network, brand trust, and co-lending relationships. Q4 FY26 results will be the first opportunity for markets to assess the NBFC on its own financial merits without the IPO narrative. Key questions: Is AUM growth sustaining at the 18%+ pace? Is the NIM (net interest margin) holding despite rising credit costs? Is asset quality — particularly in the unsecured personal loan and MFI-adjacent segments — deteriorating?

Equirus Securities initiated coverage with ‘LONG’ and a ₹761 target in April 2026 — projecting PAT CAGR of 27.4% and ROAE of 16% by FY28. The market is trading HDBFS at ₹615.20 — a 17% discount to Equirus’s target and a 26% discount to the IPO listing price. Q4 results that confirm the growth narrative could materially narrow this gap.

What to Watch

• Q4 PAT: beat or miss vs the ₹530.9 Cr Q4 FY25 base — a positive surprise (15%+ YoY) would validate the ‘high growth NBFC’ thesis

• AUM composition: Enterprise Lending vs Asset Finance vs Consumer Finance mix, and any signs of unsecured stress

• Gross NPA and Net NPA numbers — and whether provisioning is front-loaded or normalising

• Final dividend recommendation — preceded by an interim dividend of ₹2/share in Q3

• FY27 guidance or management commentary on AUM growth, NIM, and credit cost trajectory

3. Elecon Engineering Company (ELECON) — Q4 FY26 Preview: Can Margins Recover?

Board Meeting: Today (April 15) | Concall: April 16, 4:00 PM IST | CMP (April 14 close): ₹414.60 | Market Cap: ₹9,304 Cr

Elecon Engineering — Asia’s largest industrial gear manufacturer and a major player in material handling equipment (MHE) — enters Q4 FY26 results under pressure. The stock has fallen 29.5% from its 52-week high of ₹716.25, driven by two consecutive quarters of sharp profit decline. Q3 FY26 net profit plummeted 33% YoY to ₹71.99 crore — the lowest in six quarters — as margins collapsed 717 basis points to 19.79% EBITDA margin.

The Profit Collapse — Understanding the Context

Note: Q4 FY26 estimates are Univest editorial estimates based on order book and H1 FY26 management guidance of ₹2,650 Cr full-year revenue. Not broker consensus.

The Company’s Own FY26 Revenue Target

Elecon had guided ₹2,650 crore consolidated revenue for FY26 — based on H1 FY26 investor presentation data. With ₹1,620 crore achieved in 9M FY26 (Apr–Dec 2025), the company needs approximately ₹1,030 crore in Q4 alone to hit this target — which would require a massive 87% sequential jump from Q3’s ₹552 crore. That is unlikely, suggesting the ₹2,650 crore guidance will be missed.

The more realistic question for Q4: has the company stabilised the margin erosion? The Q3 margin at 19.79% was well below the historical 25–28% range. Any recovery toward 22%+ in Q4 — driven by better product mix (transmission gears carry higher margins than MHE) and easing raw material costs — would be the positive catalyst the stock needs.

Positive data point: Elecon has incorporated a Mexico subsidiary (Grupo Radicon SA de CV) in January 2026, expanding its Latin American footprint. Q2 FY26 order intake was ₹688 crore — up 28% YoY — suggesting a healthy future pipeline even if current execution is pressured.

What to Watch

• Q4 EBITDA margin: recovery toward 22%+ would be a meaningful positive signal after two quarters of compression

• Segment split: Gear Transmission vs Material Handling Equipment — gear division historically carries higher margins

• Order book: current outstanding backlog and FY27 order intake guidance

• Working capital: Days Sales Outstanding elevated at 77 days — any improvement signals cash flow recovery

• Final dividend: consistent dividend payer historically, watch for FY26 recommendation

4. Tejas Networks (TEJASNET) — Q4 FY26 Preview: The Post-BSNL Revenue Reality

Board Meeting: Today (April 15) | Concall: 7:15 PM IST | CMP (April 14 close): ₹442.25 | Market Cap: ₹7,857 Cr

Tejas Networks — Bengaluru-based, Tata Group-owned telecom equipment maker — is navigating one of the most challenging transitions in its history: the normalisation of revenue after the extraordinary BSNL 4G/5G rollout supercycle. In FY25, Tejas reported ₹8,923 crore revenue — a staggering 3.6x year-on-year — driven almost entirely by BSNL 4G/5G equipment supplies. With the BSNL contract largely completed, FY26 marks the normalisation year.

The Revenue Cliff — The Core Challenge

Source: Tejas Networks investor relations (tejasnetworks.com), ICICI Direct, Scanx — April 2026.

The New Revenue Architecture — What Comes After BSNL?

Tejas completed delivery of all 100,000 4G/5G sites under BSNL’s network — one of the largest single-vendor RAN deployments globally. The company now needs to rebuild its revenue base from four new sources:

1. BharatNet Phase 3: Government’s optical fibre connectivity to 6.4 lakh villages — GPON/XGS-PON equipment opportunity for Tejas.

2. Private Telcos: Bharti Airtel and Jio’s 5G network densification — Tejas’ WavePlexus™ Open-RAN products (winner of Golden Peacock Innovation Award 2026) compete for these contracts.

3. International Exports: Americas, EMEA, and ANZ focus — Tejas has won optical, PTN, and FTTx contracts in these geographies.

4. NEC Collaboration: Strategic technology collaboration with NEC Japan on advanced wireless RAN and Core technologies for joint go-to-market — medium-term revenue potential.

The key question for Q4 FY26: With Q1–Q3 combined revenue at just ₹771 crore, Q4 needs to deliver strongly — Q4 is historically Tejas’ strongest quarter as government projects hit year-end execution. The order book at ₹1,329 crore provides some comfort, but investors will scrutinise whether orders are converting to revenue.

What to Watch

• Q4 revenue — sequential recovery from ₹307 Cr Q3 FY26; a step-up to ₹350–400 Cr would signal normalisation is working

• PAT: 9M FY26 PAT is –₹698 Cr (loss). A Q4 profit, even small, would signal the bottom

• Order book size and composition: BharatNet vs private telco vs export split

• FY27 revenue guidance: management’s confidence in the new architecture

• WavePlexus™ 5G product traction — deal wins with private carriers would be a significant re-rating catalyst

5. GTPL Hathway (GTPL) — Q4 FY26 Preview: Broadband Growth vs Cable TV Erosion

Board Meeting: Today (April 15) | CMP: ~₹90–100 range | Market Cap: ₹777 Cr | 1-Year Stock Return: –36.1%

GTPL Hathway — India’s largest Multi-System Operator (MSO) for Digital Cable TV and one of the country’s largest private broadband providers — is operating in a structurally challenged environment. The stock has declined 36.1% over the past year as the market prices in the structural decline of linear cable TV, margin pressure, and a long-running DoT licence fee dispute exceeding ₹9,754 crore.

The Dual Narrative: Cable Erodes, Broadband Grows

Source: GTPL Hathway Q3 FY26 results, BSE filings, exchange4media — April 2026.

The GTPL Infinity Wild Card

GTPL’s new HITS (Headend-in-the-Sky) platform — GTPL Infinity — is a satellite-based TV signal distribution system backed by one of the world’s largest C-band teleports in Ahmedabad. It enables partners to go live within 24 hours and delivers approximately 800 channels nationwide. This platform could be a structural differentiator for GTPL among cable MSOs that are losing ground to OTT — but Q4 FY26 will be the first quarter where any revenue contribution from this platform appears in financials.

The regulatory headwinds are real: a March 2026 GST demand of ₹11.13 crore (company plans to appeal), a ₹2.06 crore customs penalty, and the overarching DoT licence fee demand exceeding ₹9,754 crore. The last item, while a contingent liability (under litigation), creates persistent investor uncertainty.

What to Watch

• Broadband subscriber count — crossing 1.1 Mn would signal meaningful acceleration

• PAT: any improvement toward ₹15–20 Cr range would be a positive surprise

• GTPL Infinity revenue contribution — any initial monetisation disclosure

• FY27 broadband subscriber and ARPU guidance

• Dividend recommendation — FY25 was ₹2/share; will FY26 match?

6. Reliance Industrial Infrastructure (RIIL) — Q4 FY26 Preview

Board Meeting: Today (April 15) | CMP (April 14): ₹721.45 | Market Cap: ₹1,089 Cr | 52W High: ₹1,100 | 52W Low: ₹650 (approx.)

Reliance Industrial Infrastructure Limited (RIIL) is a Reliance Group company operating petroleum pipelines, industrial infrastructure in Maharashtra and Gujarat, and related services. While the company has the Reliance name, it is a standalone infrastructure company — not a subsidiary of Reliance Industries — and primarily earns from pipeline throughput and industrial infrastructure leasing.

RIIL’s business model provides relatively predictable revenue — tied to petroleum product throughput and industrial leasing contracts — but it lacks the growth excitement of peers in the infrastructure space. The stock trades at a significant discount to its 52-week high, reflecting the broader market correction and limited growth visibility. Investors will watch for: pipeline utilisation rates, any new infrastructure contracts, and the potential dividend (RIIL has historically been a consistent dividend payer, which supports its investor base).

7–14: Other Companies Announcing Q4 FY26 Results Today

The remaining eight companies on today’s results list span chocolate manufacturing, media services, semiconductors, plastic extrusions, wire ropes, and small financial services firms. Here is a compact reference:

What Comes After Today: The Q4 FY26 Results Calendar (April 16–18)

Today’s results are just the opening act of the peak Q4 FY26 earnings season. Here is what investors need to mark on the calendar:

The earnings season crescendo arrives on April 18 when HDFC Bank, ICICI Bank, and Yes Bank all report simultaneously. HDFC Bank’s Q4 results will be especially scrutinised following the March 2026 management reshuffle and accountability questions. Analysts expect PAT of ₹16,500–17,500 Cr and NIM recovery toward 3.55–3.65%.

Investor Checklist: How to Track Today’s Q4 Results

For investors following today’s results, here is a practical checklist:

⏰ Timings to note:

• ICICI Lombard board: 11:30 AM IST → Results filing typically by 3–5 PM

• ICICI Lombard concall: 7:30 PM IST (post-market, deep dive with analysts)

• HDB Financial board + concall: 6:30 PM IST

• Tejas Networks concall: 7:15 PM IST

• Elecon Engineering concall: April 16, 4:00 PM IST (results today, call tomorrow)

📊 Where to find filings:

• BSE: bseindia.com → ‘Announcements’ → search company name → ‘Financial Results’

• NSE: nseindia.com → ‘Corporate Filings’ → ‘Financial Results’

• Univest Screener: univest.in/screeners — live data, peer comparisons, and analyst rating updates post results

🎯 Key numbers to track per company:

Conclusion: A Market-Moving Day for 5 Sectors

April 15, 2026 is not a headline-grabber like HDFC Bank or ICICI Bank results days — but it is a genuinely information-rich earnings day.

ICICI Lombard’s combined ratio direction, HDB Financial’s debut full-year performance, Elecon’s margin recovery trajectory, Tejas Networks’ post-BSNL revenue normalisation, and GTPL Hathway’s subscriber trends — each carries direct implications for sector positioning decisions ahead of the peak earnings season that arrives with HDFC Bank on April 18.

Markets have opened with a tailwind today — Nifty futures up 1.55%. That makes good results even more rewarding and disappointments more pronounced. Stay disciplined, track the earnings call commentary rather than just the top-line numbers, and remember that Q4 is the full-year result — which sets the base for all FY27 estimates.

For live data, peer comparisons, and SEBI-registered analyst research on all companies reporting today, visit the Univest Screener or download the Univest App.

Frequently Asked Questions — Q4 Results Today April 15, 2026

Q: Which companies are announcing Q4 FY26 results today, April 15, 2026?

14 companies are announcing Q4 FY26 results on April 15, 2026. The key ones are: ICICI Lombard General Insurance (board meeting 11:30 AM, concall 7:30 PM), HDB Financial Services (board + concall 6:30 PM), Elecon Engineering, Tejas Networks (concall 7:15 PM), GTPL Hathway, and Reliance Industrial Infrastructure. Smaller companies include Lotus Chocolate, Media Matrix Worldwide, SPEL Semiconductor, Continental Controls, Tulsi Extrusions, Bombay Wire Ropes, Citi Port Financial Services, and Nikki Global Finance.

Q: What is the ICICI Lombard Q4 FY26 result date and time?

ICICI Lombard General Insurance Company board meets at 11:30 AM IST on April 15, 2026 to approve Q4 FY26 and FY26 audited results and recommend a final dividend. The investor and analyst earnings call is at 7:30 PM IST on the same day. The trading window for ICICIGI is closed from April 1 to April 17, 2026.

Q: What are analyst expectations for ICICI Lombard Q4 FY26?

For ICICI Lombard Q4 FY26, analysts are watching: (1) Combined ratio — whether it improves below 104.5% seen in Q3; (2) GDPI growth — strong at 21% YoY in March per provisional data; (3) Net profit — expected recovery from the 9% YoY decline seen in Q3 FY26 (₹658.88 Cr); and (4) Final dividend recommendation — FY25 total dividend was ₹12.5/share. FY25 full-year PAT was ₹2,508 crore (+30.7% YoY).

Q: When is HDB Financial Services Q4 FY26 result?

HDB Financial Services (NSE: HDBFS) will announce its Q4 FY26 and FY26 audited results on April 15, 2026. The board meeting and earnings call are both scheduled for 6:30 PM IST. This is the company’s first full-year results as a listed entity — it listed on July 2, 2025 at ₹835 (12.84% gain over IPO price of ₹740). The board will also consider recommending a final dividend.

Q: What is the Tejas Networks Q4 FY26 result status?

Tejas Networks (NSE: TEJASNET) will announce Q4 FY26 results today, April 15, with an investor concall at 7:15 PM IST. Tejas faces revenue normalisation post the extraordinary BSNL 4G/5G supercycle (FY25 revenue was ₹8,923 Cr). 9M FY26 revenue is only ₹771 Cr with a PAT loss of ₹698 Cr. Q4 is historically the strongest quarter — investors watch for revenue step-up and order book replenishment from BharatNet Phase 3 and private telco 5G densification.

Q: What time do Q4 results come out today?

For April 15, 2026: ICICI Lombard’s board meets at 11:30 AM (results typically filed by 3–5 PM). ICICI Lombard concall at 7:30 PM. HDB Financial board + concall at 6:30 PM. Tejas Networks concall at 7:15 PM. Most smaller companies file results with BSE/NSE during market hours or by 5 PM. Track all filings at bseindia.com → Announcements.

Q: What is the next big Q4 results date after April 15?

After April 15, the next major Q4 results dates are: April 16 — Wipro (IT sector bellwether), HDFC Life Insurance, HDFC AMC, Angel One, CRISIL. April 18 — The biggest day: HDFC Bank, ICICI Bank, and Yes Bank all report. April 23 — IndusInd Bank and Infosys (IT FY27 guidance).

Q: What is the market outlook for April 15 Q4 results day?

Markets have opened sharply positive on April 15, 2026. Nifty futures were up 1.55% (369.80 points) to 24,227.50 at 7:30 AM IST, driven by US-Iran peace talks progress and strong US market gains overnight (S&P 500 +1.18%, Nasdaq +1.96%). Asian markets led by South Korea (+2.73%). A positive market backdrop amplifies good Q4 results and makes earnings misses more punitive.

Disclaimer: This article is for informational and educational purposes only and does not constitute investment advice. All analyst estimates and financial data are sourced from publicly available information as of April 15, 2026. Company financial performance data may differ from actual results announced later today. Consult a SEBI-registered financial advisor before making investment decisions.

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