Daily filing brief

10 Important BSE and NSE Announcements for 14 October 2026

By StocksBrieferPublished Updated

TCS reported Q2 FY27 revenue of ₹73,188 crore and AI annualized revenue of $3.1 billion. Our 14 October 2026 edition also features Tata Power's data-centre pipeline and Mumbai grid upgrade plan alongside results, capacity expansion and fundraising announcements.

  1. Tata Consultancy Services Ltd

    TCS Q2 FY27: Revenue ₹73,188 crore; AI annualized revenue at $3.1B; TCV $9.6B; margins at 24%; no formal guidance

    Earnings Call Transcript

    Financial Performance

    • Revenue ₹73,188 crore; CC growth 0.5% QoQ, 2.8% YoY.
    • USD revenue $7,642 million; QoQ +0.2%, YoY +2.4%.
    • Operating margin 24%; Net margin 19%.
    • AI annualized revenue $3.1 billion; AI share >10% of total revenue.
    • TCV for the quarter at $9.6 billion (excludes Porsche and Best Buy deals).
    • India revenue up 6%; Regional Markets up 3.6% YoY.
    • DSO 74 days; Cash conversion 102.2% of net income.
    • Funds invested end period $5.98 billion.

    Segment and Geography Trends

    • BFSI growth 2.5% sequential CC; Manufacturing 3.1%; Technology & Services 3.1%.
    • Consumer Business -0.7%; Energy, Resources & Utilities -0.5%.
    • International revenue grew 1.2% sequential CC; UK 3.5%; North America & Continental Europe 0.4% each.
    • India revenue growth 6%; Regional Markets growth 3.6% YoY.

    AI and Growth Initiatives

    • AI is a structural growth driver; annualized AI revenue $3.1B; >10% of revenue.
    • Porsche tie-up and MHP acquisition (pending regulatory approvals) to strengthen AI-powered mobility.
    • Best Buy GCC engagement; AI-native solutions with measurable outcomes.
    • ADD AgentHub for drug discovery; Autonomous Engineering Lab with NVIDIA; AI-first lights-out factory in Pune.
    • Human+AI delivery model adoption; expanded governance and guardrails for AI deployments.

    People and Capability

    • Associates 598,056; learning hours 17.1 million; 17% QoQ increase.
    • LTM IT services attrition 13.3% (down 30 bps QoQ).
    • Onboarded 10,000 graduates this year; finalizing campus hiring for next financial year.

    Guidance and Outlook

    • No formal revenue or earnings guidance provided on call.
    • Long-term margin aspiration remains 26% to 28%.
    • Near-term margins expected to inch higher; investments prioritized for growth.
    • BSNL deal provides cushion for next couple of quarters; MHP drag ~50 bps.

    Q&A Highlights

    • Q: International momentum; A: growth likely to continue in medium term given TCV and pipeline.
    • Q: AI deflation vs AI opportunity; A: deflation offset by AI modernization and vendor consolidation.
    • Q: Margin path to 26%; A: aspirational band 26–28%; investments will continue; margins to inch up.
    • Q: BSNL cushion; A: BSNL provides support for next few quarters; regional volatility persists.
    • Q: Hiring momentum; A: demand-driven hiring to staff next-gen skills; bench to service demand.
    View source

  2. Tata Power Company Ltd

    Tata Power reports 2.8 GW+ data centre pipeline and Mumbai grid upgrade plan

    Press Release / Media Release

    Key highlights

    • Pipeline of over 2.8 GW across 18 data centre operators in 29 workstreams.
    • Integrated presence across generation, transmission, distribution enables data centre development.
    • 430 MW distribution load; 1,236 MW transmission-linked opportunities; 1,150 MW green energy capacity active.
    • Mumbai Grid Upgradation plan totaling ₹15,000 crore; upgrading 110/220 kV networks; 400 kV ring network.
    • Total capacity >26 GW; green energy 17.7 GW; thermal 8.8 GW.
    • 7,800 circuit kilometres of transmission lines; serves over 13 million customers.
    • Integrated solar capacity 4.9 GW; pumped hydro 2.8 GW.
    • EV charging network >7,000 points across 717 cities.
    View source

  3. Hyundai Motor India Ltd

    Hyundai Motor India inaugurates Pune plant; capacity expansion to 320,000 by 2030 with INR 11,000 crore investment

    Press Release / Media Release

    Key highlights

    • Inauguration of Pune plant at Talegaon; current capacity 170,000 units.
    • Capacity to 320,000 units annually by 2030; total with Chennai about 1.14 million.
    • Invest INR 11,000 crore in phases at the Pune Plant.
    • VENUE model produced exclusively at Pune; exported to global markets.
    • Exports milestone: 4 million passenger vehicles exported since 1999.
    • Domestic sales near 10 million passenger vehicles.
    • Engine shop capacity: 150,000 engines annually.
    • 55 supplier partners; Tier 1 investment about INR 4,600 crore; 18,000 jobs.
    • IONIQ Forest: 1,000,000+ trees planted; CO2 reduction ~63,000 tonnes in five years.
    • Sparsh Sanjeevani benefits 50,000+ rural residents.
    • Hope4Cancer benefits 2,000+ individuals.
    • 120,000+ school children provided safe drinking water.
    • 150,000+ citizens empowered; nearly INR 300 crore welfare unlocked.
    • Nearly 40 ongoing battery and electrification research projects.
    • Red Dot Award 2026 for people-centric workplace design.
    View source

  4. Canara Bank

    Canara Bank Q2 FY27: Standalone PAT ₹5,175cr; Total Income ₹40,931cr; Consolidated PAT ₹5,382cr; CAR 17.19%

    Financial Results

    Standalone performance

    • Q2 FY27 standalone total income 40,931.19 cr; net profit 5,174.76 cr; EPS 5.70.
    • H1 FY27 standalone total income 80,615.45 cr; net profit 10,030.58 cr; EPS 11.06.
    • GNPAs 18,298.95 cr; NNPA 4,053.19 cr; PCR 95.34%.
    • Basel III CAR 17.19%; CET I 12.80%; AT1 2.25%; ROA 1.05%.

    Consolidated highlights

    • Q2 FY27 consolidated total income 40,938.80 cr; PAT after MI 5,381.59 cr.
    • PAT after tax 5,182.03 cr; ROA 1.09%; Consolidated CAR 17.19%; CET I 12.81%; AT1 2.25%.

    Cash flows snapshot

    • Standalone operating cash flow: ₹8,879.37 cr; closing cash ₹2,08,525.11 cr.
    • Consolidated net cash flow: net increase ₹2,214.33 cr.

    Capital actions & proceeds

    • Basel III AT1 bond issue in Q2 2026-27: ₹2,042 cr; no deviation in use of proceeds.
    View source

  5. Emmvee Photovoltaic Power Ltd

    Emmvee FY27 H1: Revenue ₹3,131.9 cr; PAT ₹762.3 cr; order book 10.4 GW; 6 GW TOPCon expansion.

    Financial Results

    Financials

    • Q2 FY27 revenue ₹1,576.4 crore; YoY growth 39.4%.
    • H1 FY27 revenue ₹3,131.9 crore; up 45.1% YoY.
    • H1 FY27 EBITDA ₹1,105.0 crore; margin 35%.
    • H1 FY27 PAT ₹762.3 crore; up 79.1%.
    • Q2 FY27 PAT ₹382.0 crore; up 60.6%.
    • Consolidated order book at end Q2 FY27: 10.4 GW.

    Operations & capacity

    • Q2 FY27 module production 952 MW; cell production 513 MW; cell utilization 89%; module utilization 44%.
    • Installed capacity: Modules 10.3 GW; TOPCon cells 2.94 GW.
    • Post-expansion capacity: 16.3 GW modules and 8.9 GW cells.
    • Capex for 6 GW integrated TOPCon expansion: ₹5,500 crore.
    • Module line to commission by Dec 2026; cell line by Mar 2027.

    Capex & growth strategy

    • Backward integration into 9 GW ingot/wafer facility; 5 GW in FY29, 4 GW in FY30.
    • Total proposed ingot/wafer capex: ₹5,000-5,500 crore; funded largely by internal accruals.
    • Debt for expansion: ₹3,300 crore; net debt/ equity 0.12x as of Sep 2026.

    Outlook & expansion milestones

    • ALMM II strengthened; G12R cells included; demand from DCR schemes.
    • 6 GW TOPCon integrated facility to lift capacity to 16.3 GW modules, 8.9 GW cells by FY28.
    • Q2 FY27 order inflows ~1.5 GW provide revenue visibility.

    Business overview

    • Pure-play integrated module and TOPCon cell manufacturer with 10.3 GW modules and 2.94 GW TOPCon cells.
    View source

  6. Capri Global Capital Ltd

    Capri Global Capital board approves up to Rs 4,000 crore multi-instrument fund-raise

    Raising of Funds

    Fund-raise details

    • Instruments proposed: equity shares, debt securities, convertible securities, warrants, or other securities.
    • Mode of issuance: rights issue, private placement, public issue, QIP, FCCBs, or ECBs.
    • Aggregate amount: up to Rs 4,000 crore across one or more tranches.
    • Pricing and terms to be disclosed upon finalization.
    • Subject to regulatory and shareholder approvals.
    View source

  7. HDB Financial Services Ltd

    Q2 FY27: HDBFS reports gross loan book ₹1.24 lakh cr, PAT ₹780 cr; interim dividend ₹2 per share

    Investor Presentation

    Business overview

    • Subsidiary of HDFC Bank; RBI-licensed NBFC (Upper Layer).
    • Three core lines: Enterprise Lending, Asset Finance, Consumer Finance.

    Operational highlights

    • Gross loan book ₹1,24,469 Cr; disbursements ₹18,522 Cr in Q2 FY27.
    • Customer franchise 24.8 million; 1,701 branches across 1,156 cities.
    • Interim dividend ₹2 per share; record date 23 Oct 2026.
    • Borrowings mix: 43% bank loans, 28% NCDs; diversified funding.
    • NIM 8.23%; GNPA 2.43%; NNPA 1.09%.

    Financial performance

    • PAT ₹780 Cr; Net interest income ₹2,534 Cr; Net income ₹2,891 Cr.
    • PPOP ₹1,756 Cr; Credit cost ₹730 Cr.
    • EPS ₹9.4; BV per share ₹266.7; RoA 2.42%; RoE 14.4%.

    Capital structure & liquidity

    • CRAR 21.37%; long-term debt ratings CARE AAA / CRISIL AAA; short-term A1+.
    • Interim dividend declared; liquidity metrics supported by diversified funding mix.
    • ALM framework aligned with risk appetite; LCR monitored.

    Strategic priorities & outlook

    • AI-powered onboarding: Gen AI NTB, 500k documents/day; 1.2x sales productivity.
    • Gen AI-based journeys; 8M+ reach; voice bots for servicing.
    • AI-powered collections, fraud framework; target 30% collections automation.

    Risks & governance

    • Board independence >75%; two women independent directors; ESG policy framework.
    • ISO 22301 & ISO 27001 certifications; risk-management and governance committees.

    ESG & CSR

    • ESG rating Sustainalytics 21.2; 98.31% paperless onboarding.
    • CSR spend ₹3,098 Mn; 16k+ farmers financed; 16lakh+ lives impacted.
    • 100+ CSR projects; 70k saplings planted; all-women branch established.
    View source

  8. ICICI Lombard General Insurance Company Ltd

    ICICI Lombard posts 27.5% Q2 PAT growth; interim dividend ₹7 per share declared

    Investor Presentation

    Business Overview

    • Private general insurer offering motor, health, crop, fire, PA, marine, engineering, and liability lines.
    • Digital-led strategy with IL TakeCare app supporting distribution and customer service.

    Key Operational Highlights

    • H1 FY2027 GDPI ₹151.10 bn, up 5.4% YoY.
    • Q2 FY2027 GDPI ₹67.92 bn, up 3.0% YoY.
    • PAT Q2 FY2027 ₹10.31 bn, up 27.5%.
    • Interim dividend ₹7.00 per share declared for H1 FY2027.
    • Solvency ratio 2.74x as at Sep 30, 2026.
    • Advance premium ₹47.33 bn as at Sep 30, 2026.

    Financial Performance

    • PAT Q2 FY2027 ₹10.31 bn; RoAE 23.7% (Q2 FY2027).
    • CoR Q2 FY2027 104.5%; CoR Excl CAT 102.7%.
    • Investment income Q2 FY2027 ₹15.54 bn; capital gains ₹4.53 bn.
    • H1 GDPI growth excluding Crop & Mass Health 10.4% YoY.

    Capital Structure & Liquidity

    • Interim dividend declared; no equity raise indicated.
    • Solvency ratio 2.74x; advance premium indicates liquidity.

    Strategic Priorities & Outlook

    • Profitable growth with diversified product portfolio and multi-channel distribution.
    • Technology-led operations and value-added digital services to deepen penetration.
    • Prudent risk management and active capital management to sustain ROE.

    Risks & Mitigation

    • CAT losses impacted CoR; mitigations include diversified reinsurance and MAD.
    • Underwriting using predictive ultimate loss models to improve risk selection.

    Governance & Leadership

    • CSR & Sustainability Committee and Risk Management Committee govern ESG risk.
    • Dividend policy and interim payout reflect governance of capital returns.
    View source

  9. Tata Technologies Ltd

    Tata Technologies Q2 FY27: revenue up 28.4% YoY; EBITDA up 31.5%.

    Press Release / Media Release

    Financial highlights

    • Total company operating revenue: ₹16,988 million for the quarter ended Sep 30, 2026.
    • Services segment revenue ₹13,557 million, up 33.9% YoY; USD 141.9 million.
    • Operating EBITDA ₹2,733 million; EBITDA margin 16.1% (YoY +40 bps).
    • Net income ₹1,714 million; net income margin 10.1%.
    • Workforce strength 12,895; LTM attrition 15.6%.
    • Management guides to strong double-digit FY27 growth.
    • Key wins include a $138 million full-vehicle program with a European OEM.
    View source

  10. Poonawalla Fincorp Ltd

    PFCL Q2FY27: AUM ₹74,008 crore; ROA 2.18%; NIM 9.26%; AI-led momentum and cross-sell ramp

    Earnings Call Transcript

    Financial Performance

    • PAT ₹375 crore; QoQ +22%
    • NIM+fees 9.26%; QoQ +16 bps
    • NII ₹1,589 crore; QoQ +12.3%
    • AUM ₹74,008 crore; QoQ +10.4%
    • ROA 2.18%; QoQ +20 bps
    • GNPA 1.20%; NNPA 0.61%
    • Credit cost 2.19%; QoQ from 2.41%
    • Opex-to-AUM 4.15%
    • LCR 194%; surplus liquidity ₹6,526 crore
    • Debt-equity 4.3x; CAR 18.68%; Tier 1 17.15%
    • Stage 1 97.86%; Stage 2 0.94%; Stage 3 1.20%

    Operations and Product Momentum

    • Portfolio yield 14.08%
    • Disbursement yield up ~20 bps QoQ
    • Prime Personal Loans 42% of PL disbursements; avg monthly ₹577 crore
    • Gold disbursements ₹1,066 crore; 90 new branches
    • Gold branches total 550; plan ~200 more this year
    • Commercial vehicles disbursement ₹127 crore; 1,250 partners
    • Education loans ₹218 crore/month; 700 consultants
    • Instant sanctions: ~35% fully digital
    • Consumer durable: 20,000 dealers; ₹606 crore disbursement
    • Cross-sell engine firing; improves unit economics
    • ROA crossed 2% this quarter

    AI & Tech Momentum

    • AI projects 143; 84 live; 59 underway
    • 34 AI projects delivered this quarter
    • MyBot platform enables agentic workflows; 42 new use cases
    • Voice/chat bots deployed across funnels
    • Governance: RBI's 7 sutras; three-layer lifecycle
    • AI governance engine operational; red-teams testing; security/compliance checkpoints

    Q&A Highlights

    • Operating leverage from cross-sell and digital journeys; ROA to strengthen
    • Product-per-customer journey starting; cross-sell expansion over time
    • AUM CAGR target 35-40% over next couple of years
    • Credit cost 2.19% now; expect further improvement in 1–2 years
    • Ability to pass on repo hikes; profitability not harmed
    • Portfolio seasoning evident; underwriting quality improving; 6 MoB 30+ at 0.35%
    View source