FY 2025 –2026

• Total Revenue for FY 2026 increased by 26% to Rs. 953 Cr from Rs. 755 Cr in FY 2025.
• Revenue from operations increased by 31% to INR 925 Cr in FY 2026 from INR 708 Cr in FY 2025
• EBITDA grew by 35% to INR 371 Cr in FY2026 from INR 275 Cr in FY2025
• PBT for FY2026 grew by 23% to INR 364 Cr from INR 295 Cr in FY2025
• Profit after Tax for FY2026 was Rs. 271 Cr from Rs. 222 Cr in FY2025, marking 22% growth.

Q4 FY 2026 in comparison to Q3

• Total Revenue for Q4 FY 2026 increased by 96% to Rs. 351 Cr from Rs. 179 Cr in Q3.
• Revenue from operations increased by 99% to INR 345 Cr in Q4 FY 2026 from INR 173 Cr in Q3 of FY2026
• EBITDA grew by 149% to INR 193 Cr in Q4 FY2026 from INR 78 Cr in Q3 FY2026
• PBT for Q4 FY2026 grew by 150% to INR 188 Cr from INR 75 Cr in Q3 FY2026
• Profit after Tax for Q4 FY2026 grew by 137% to Rs. 138 Cr from Rs. 58 Cr in Q3 FY2026.

Q4 FY 2026 in comparison to Q4 FY 2025

• Total Revenue for Q4 FY 2026 decreased by 14% to Rs. 351 Cr from Rs. 407 Cr in the corresponding quarter in FY 2025.
• Revenue from operations decreased by 13% to INR 345 Cr in Q4 FY 2026 from INR 396 Cr in Q4 of FY2025
• EBITDA for Q4 FY 2026 grew by 29% to INR 193 Cr from Rs. 150 Cr in Q4 FY2025
• PBT for Q4 FY2026 grew by 23% to Rs. 188 Cr from INR 153 Cr in Q4 FY2025
• Profit after Tax for Q4 FY2026 grew by 21% to Rs. 138 Cr from Rs. 114 Cr in Q4 FY2025.

The Board has recommended a final dividend of Rs. 10 per share (500% per equity share of Rs. 2 each), which is subject to approval by the shareholders in the ensuing AGM

ORDER BOOK

• The company has secured Rs. 1,121 Cr of orders during FY 2025-2026.
• Order book as on March 31, 2026 – Rs. 926.48 Cr
• Orders received during Q1 FY 2026-27 so far- Rs. 46.78 Cr
• Negotiation completed & yet to receive order – Rs. 1,090.00 Cr
• Including orders negotiated and converted into orders, the order book will be Rs. 2061.79 Cr
• The order book as of April 01, 2025, was Rs. 730 Cr

From the CMD’s Desk “FY26 has been a landmark year for Data Patterns, marked by strong execution, robust order inflows, and continued capability expansion across strategic defence programs. Our order book stands at an all-time high of ~₹2,062 crores, the highest in the Company’s history, providing strong revenue visibility. With a healthy executable pipeline across radars, electronic warfare, and advanced defence electronics, we remain confident of sustaining our growth momentum going forward.”

The post Data Patterns 31% Revenue Growth Through Operational Excellence in FY 25-26 appeared first on NRI News.

Major Highlights:

1. Solar Projects
   Orders for solar pumps have been received from the Department of Horticulture, Rajasthan, Maharashtra State Electricity, Maharashtra Energy, MPUVNL, and DGVCL for 58 crores.
2. Refinery Project – Export (Algeria)
   An export order has been secured for the Hassi Massoud Refinery Project, Algeria.
3. Pumps Export (UAE)
   A major order in the water segment has been received from KSB Pumps Arabia.
4. Specialized Service Order – Cavern Application
   A breakthrough service order has been received for a customized solution for a cavern application (LPG).
5. Power Plant Project
   A key order was received for a power plant based in Chhattisgarh.

Business Highlights (All amounts in INR Crores)                                                       

Summarizing the business highlights, Mr. Prashant Kumar, Vice President – Sales and Marketing, KSB Limited, said, “This year, we have delivered a strong sales performance, registering a 6.42% YoY growth, driven by disciplined execution and strategic market focus. We have seen robust traction across Solar, Building Services, Energy, and WWW segments, strengthening our leadership position in core markets.

Key order wins across Solar, Oil & Gas, Power, and specialized service applications demonstrate our competitive strength. Our export momentum continues with significant project orders reinforcing our expanding global footprint.

With a balanced portfolio, strong standard business foundation, and growing export presence, we are well-positioned to sustain growth and outperform market volatility in the coming quarters.”

Mahesh Bhave, Chief Financial Officer at KSB Limited, commented:

“We are pleased to report a stable and consistent financial performance for FY 2025, achieving growth in both revenue and profit, despite the volatile geopolitical situation. The Board has recommended an increase in the dividend over last year, which reflects robust profitability commitment and continued value creation for investors.”

The post KSB Limited Reports Exceptional Sales Revenue Growth for 2025 appeared first on NRI News.

MUMBAI: NSE: KPITTECH BSE: 542651: KPIT Technologies, a global leader in building mobility solutions for a cleaner, smarter, and safer world, announced financial results for Q3 FY26.  

Performance overview:

• Q3 FY26 Revenues
  • Revenues of 181MN with ₹ YoY Growth of 9.4%, $ YoY Growth of 3.0%
  • QoQ ₹ growth of 1.9% and reported $ growth of 0.2%
  • Growth led by Off-Highway sub-vertical;  Powertrain, After-Sales, and  Diagnostics domains
• Q3 FY26 Profitability
  • EBITDA margin at 20.6% post absorbing partial wage hikes during the quarter
  • EBITDA growth of 6.8% YoY and flattish QoQ
  • EBIT at 15.6%
• Revenue Quality

• Fixed-price programs as a proportion of revenue continue to rise, enabling AI-infused solutions penetration
• Revenue per person has consistently improved
• Healthy Cash Generation continues – Net cash at ₹ 9.0 Bn as at quarter end

Leadership Strengthening:

• Mr. Anup Sable appointed as Chief Operating Officer
• Strengthened the Chief Technology Office team structure with homegrown leaders and group companies to strengthen solutioning abilities

Commenting on the performance of Q3 FY26

Kishor Patil, Co-founder, CEO, and MD, KPIT, said,

“Mobility is moving from software-defined to AI-defined, and we are making deliberate investments to stay ahead by reimagining the software lifecycle, improving quality and speed, and bringing AI-infused solutions to our clients. These solutions are now validated and are being implemented on production programs, portrayed by an increase in our fixed price contracts and per-person revenue. Mobilizing Change is our strategic direction for the next phase – shift from effort-led services to outcome-led solutions to increase the value we deliver and the value we capture. As OEMs push for faster time-to-market, reliability, and cost efficiency, KPIT is positioned to fortify its leadership and enable steady high-quality growth in the medium term.”

Sachin Tikekar, Co-founder and Joint MD, KPIT, said,

“We are seeing client partnerships deepen as OEMs look for trusted teams who can take stronger ownership and deliver end-to-end outcomes. We see increased traction in trucks and off-highway sub-verticals as we integrate Caresoft operations. Mobilizing Change is also a talent story, and we are building a solutioning mindset at scale with our home-grown leaders ascending, as well as select external leadership hiring. The market is shifting tectonically – new entrants, regulations, and AI-led disruption are rewriting the rules. Our clear intent is to move beyond ‘SDV’ to what the industry is becoming – ‘AI-defined Mobility’ and ensure our investments, practices, leadership, and delivery depth keep compounding our front-runner advantage.”

Other highlights of Q3 FY26

• KPIT Partners with HMC HIVE to Drive Innovation in Light Electric Vehicles. Mark’s foray into the micromobility segment

• KPIT reimagines the future of Mobility Software with Agentic AI Solutions on Microsoft AI Infrastructure. Microsoft features KPIT as a Frontier Firms in AI from India and Southeast Asia

The post KPIT Achieves 22nd Consecutive Growth Quarter in Q3FY26 appeared first on NRI News.

PUNE: Bajaj Life Insurance, one of India’s leading private life insurers, announced the launch of its New Fund Offer (NFO) – Bajaj Life India Consumption Fund, designed to help investors participate in India’s fast-expanding consumption economy. The fund will invest in companies that stand to benefit from rising household incomes, increasing urbanisation, rapid digital adoption, and the growing aspirations of Indian consumers across sectors. The fund will be available under Bajaj Life’s unit-linked insurance plans (ULIPs). Bajaj Life ULIP products with underlying Bajaj Life India Consumption Fund enable policyholders to achieve their life goals, powered by the security of a life cover and the opportunity for wealth creation.

India’s consumption landscape is undergoing a major shift driven by demographic strength, higher disposable income, and a strong move towards organised markets. With private consumption contributing a large share of India’s GDP, the long-term growth potential for consumer-oriented businesses remains compelling. The Bajaj Life India Consumption Fund aims to tap into this structural transformation by building a diversified, actively managed portfolio of companies linked to the country’s consumption engine.

The fund follows a multi-stage investment approach across large, mid, and emerging companies in sectors such as retail, consumer goods, automotive, healthcare, telecom, consumer services, hospitality, and lifestyle products. With an investment universe of more than 400 stocks, the fund will shortlist high-conviction ideas using a disciplined Growth at a Reasonable Price framework. The fund will be benchmarked against the Nifty India Consumption Index for performance comparison. It is suitable for investors with a high-risk appetite and a long-term investment horizon.

Speaking on the launch, Srinivas Rao Ravuri, Chief Investment Officer, Bajaj Life Insurance, said, “India has entered a phase where consumption growth is becoming both broad-based and sustainable. Rising incomes, formalisation, digital convenience, and evolving lifestyle choices are reshaping how India spends. The Bajaj Life India Consumption Fund is positioned to capture this powerful shift by investing in high-quality businesses with large opportunity sizes and strong earnings visibility. We aim to create a portfolio that participates in the next decade of India’s consumer growth and delivers meaningful long-term value for investors.”

The launch of the Bajaj Life India Consumption Fund reinforces the Company’s commitment to building thoughtfully designed, long-term investment solutions. By offering exposure to sectors benefiting from rising consumption and consumer aspirations, the company aims to help investors in their wealth creation journey.

The post Bajaj Life Unveils ‘India Consumption Fund’ to Harness the Potential of Consumer Growth in India appeared first on NRI News.

The listing ceremony at NSE was attended by senior leadership of SKF India (Industrial), including Mukund Vasudevan, Managing Director, SKF India (Industrial) Ltd., and President – India, Southeast Asia, and Middle East, as well as members of the India leadership team.

Today’s listing marks a pivotal step in our 102-year India journey. As an independent, listed Industrial company, SKF India (Industrial) will be able to better serve Global Industrial customers, design and manufacture products aligned with their needs, and allocate capital more effectively. India is entering a phase of rapid infrastructure build-out and manufacturing growth. SKF India (Industrial) is well-positioned to capture this wave with corresponding investments that reflect our confidence in the country’s trajectory.” Mukund Vasudevan said.

The demerger of SKF India into two independent entities—SKF India (Industrial) Ltd. and SKF India Ltd.—was completed pursuant to the Scheme of Arrangement approved by the National Company Law Tribunal (NCLT) in 2025. The Scheme became effective on 1 October 2025, following all statutory and regulatory approvals.

Under the approved structure, the industrial business—comprising bearings, units, condition monitoring solutions, engineering services, and industrial distribution—was transferred into a separate, fully operational entity with its own P&L, governance, and capital allocation framework.

The demerger creates two sector-focused, strategically independent organizations, enabling sharper market orientation, faster decision-making, and enhanced long-term value creation for shareholders.

As a standalone entity, SKF India (Industrial) Ltd. announced a planned capital investment of ₹8,000–9,500 million through 2030, enabling capacity expansion, localisation of high-value components, and accelerated technology deployment across its India operations.

A key element of this roadmap is the establishment of a new manufacturing facility in Pune by 2028, designed to strengthen the company’s industrial supply chain and support rising demand across sectors such as manufacturing, railways, renewables, cement, metals, and heavy engineering.

India continues to anchor SKF’s innovation architecture through the Global Technical Centre in Bengaluru (GTCI), which co-creates solutions for global R&D programs in rotating equipment performance, digital engineering, and AI-enabled industrial applications.

The company plans to deepen its engineering, digital, and software talent base in India as part of its global strategy to accelerate development cycles and deliver locally relevant, globally competitive solutions.

SKF India (Industrial) Ltd.’s localization and manufacturing expansion plan is designed to build a resilient value chain with faster customer response, shorter lead times, and enhanced supply reliability.

The company is embedding sustainability, precision manufacturing, and digital capabilities across its operations to support sectors integral to India’s economic growth and Southeast Asia’s emerging industrial needs.

The post SKF India (Industrial) Ltd. Goes Public: Earmarking ₹8,000–9,500 Million to Fuel India’s Growth Journey Through 2030 appeared first on NRI News.

        *The company has discontinued production of three-wheelers & tractors

PUNE: Force Motors Limited, India’s largest van maker and a leading automotive manufacturer, reported a strong 59% year-on-year growth in domestic wholesale for November 2025, when compared to the corresponding period in 2024.

The surge was led by the rapid scaling of the Urbania and the Trax platforms, both of which now contribute a significantly higher share to overall volumes. Trax, in particular, has benefited from the recent GST rationalisation on rural mobility categories, which has improved affordability and accelerated replacement demand across key rural and semi-urban markets.

Traveller, the company’s flagship people-mobility platform, continues to anchor volumes with steady consistency and healthy year-to-date growth, while the Monobus recorded sustained traction through increased institutional and state transport requirements.

For April to November 2025, Force Motors registered a 23% year-to-date growth, driven by strong adoption of new-generation platforms and improved demand across core customer segments.

Commenting on the month’s performance, Prasan Firodia- Managing Director, Force Motors said, “We are pleased with the sustainable growth in our domestic sales, which reflects the strong customer confidence in our range of reliable and robust vehicles. While domestic wholesales grew by 59% year-on-year in November 2025, overall volumes were moderated by expected fluctuations in export dispatches, which typically vary based on shipment cycles across international markets. Despite this, total wholesales still registered a strong 53% year-on-year increase, underscoring the company’s resilient growth trajectory”.

The company continues to see rising demand across key sectors, including rural transportation, staff carriers, and goods movement. As infrastructure development and last-mile mobility continue to grow in importance across India, Force Motors remains committed to innovation and customer satisfaction, ensuring durable performance and low total cost of ownership.

ABOUT FORCE MOTORS LIMITED: INDIA’S LARGEST VAN MAKER

Founded in 1958 by Shri N. K. Firodia, Force Motors Limited was established with a vision to provide affordable, reliable, and efficient transportation for the masses. Today, it stands as a fully integrated automobile company specializing in the engineering, development, and manufacture of vehicles, aggregates, and components.

The company operates five state-of-the-art manufacturing units across India, employs over 10,000 people, and is led by Dr. Abhay Firodia. Its advanced R&D center in Pune, supported by a design team of over 1,000 experts, is regarded as one of the finest in the country.

Force Motors is a versatile automotive company with the capability to cater to diverse international markets by offering customized, country-specific solutions. Its formidable product range spans light commercial vehicles and multi-utility vehicles, and its export presence extends to the Middle East and Gulf region, Asia, Latin America, and Africa.

Force Motors has built strong relationships with global automotive leaders by consistently delivering high-quality engines and components.

Mercedes-Benz and BMW assigned Force Motors the responsibility of producing and testing engines for all cars and SUVs manufactured in India. Every Mercedes-Benz car and SUV made in India is powered by an engine produced at Force Motors in Chakan, Pune.

Similarly, Force Motors’ world-class factory in Chennai, built to BMW’s exacting standards, powers every BMW car and SUV made in the country.

Force MTU Power Systems Pvt. Ltd. is a joint venture between Force Motors and Rolls-Royce Power Systems AG. The venture specializes in producing 10 and 12-cylinder Series 1600 engines, ranging from 545 hp to 1050 hp, at its manufacturing facility in Chakan, Pune. These engines are supplied globally for power generation and underfloor rail applications

PRODUCTS AND INNOVATION
Force Motors offers solutions for both passenger and goods transport, with its Traveller and Trax ranges leading their respective segments. The Traveller stands out as a benchmark in efficiency and reliability, while the rugged Trax caters to challenging terrains.

Force Motors has introduced Urbania, a new ground-up modular monocoque passenger van platform, marking the beginning of a Premium Shared Mobility segment for domestic and export markets. After establishing a strong foothold in India, Urbania is now expanding into key markets across the globe.

The Force Traveller Monobus is an efficient mid-size bus designed for safe and reliable passenger travel. Its monocoque body enhances stability, comfort, and fuel efficiency, making it a preferred choice for transportation.

The Force Gurkha in 3-door and 5-door variants is known for its rugged build and off-road capabilities. It is built to conquer the toughest terrains with ease. Designed for adventure, it delivers durability, power, and unmatched all-terrain performance.

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INDIA: Global technology and digital talent solutions provider, NLB Services, has today unveiled its report “Workforce 2.0 Reset – India’s GCCs Go AI-Native”, highlighting in-depth insights on emerging technology reshaping India’s Global Capability Center (GCC) landscape, thereby bringing a paradigm workforce shift. With more than 58% GCCs moving beyond AI pilots, the workforce is projected to reach 3.46 million by 2030, adding 1.3 million new job roles. The report also estimates a significant impact in 2026 itself, indicating an 11% increase in jobs, thereby expanding personnel to 2.4 million in the sector.

In 2025, nearly 70% of GCCs are already investing in Generative AI (GenAI), while over 60% will set up dedicated AI safety and governance teams by 2026. A remarkable 75% aim to embed GenAI in daily operations within the next year. These investments are not only driving efficiency but also reconfiguring roles. For instance, 27% of mid-level and 25% of junior tech roles are being redesigned as AI copilots and automation tools become mainstream.

Sharing his perspective on the report, Sachin Alug, CEO, NLB Services, said, “India is at a critical intersection in its GCC 4.0 journey, building a unique & unmatched synergy of scale, skill, and talent. Today, GCCs are no longer just exploring AI – rather, many have or are moving towards deployment. While AI thrust in this sector was expected, this year has seen a stronger drive for implementation. This cements India’s move from delivery centers to AI-driven enterprises, marking a leap in innovation and governance. All of this has certainly brought new layers to the talent take-off we predicted at the onset of the year. GCC workforce projection by 2030, indicated earlier, is now set to see a 30% surge, adding 1.3 million new jobs.”

As AI becomes mainstream, entirely new roles are emerging across GCCs, including Cybersecurity & AI Governance Architects (29%), Prompt Engineers (26%), GenAI Product Owners (22%), and AI Policy & risk strategists (21%), symbolizing India’s shift from execution to accountability and innovation-led leadership. Simultaneously, legacy roles such as L1 IT Support (75%), Legacy Application Development (74%), Manual QA (72%), and On-Prem Infrastructure Management (67%) are being phased out as GCCs modernize towards AI-native, product-oriented teams.

With AI deployment further maturing, India’s GCC map is undergoing a major geographic shift, with Tier II and III gaining prominence. GCCs are inclining towards these belts to capitalize on the proposition of 10–12% lower attrition rates, 30–50% lower office costs, and 20–35% talent cost advantages compared to Tier-1 metros.

Sharing his thoughts, Varun Sachdeva, SVP & APAC Head, NLB Services, said, “By 2030, nearly 39% of the GCC workforce will operate from Tier-2 and Tier-3 cities, enabling our shift from metro-focused to a more distributed workforce model. While Tier-1 cities will continue to serve as centers for leadership, governance, and R&D, emerging Tier-2 and Tier-3 hubs such as Coimbatore, Ahmedabad, and Bhubaneswar are rapidly becoming specialized delivery centers. The new synergy across Tier II/III cities will create 0.715 M net new GCC jobs by 2030.”

As GCCs adopt AI at scale, continuous learning and capability development have become organizational imperatives. “While AI is changing the way work is done, it is not replacing people, rather amplifying human judgment and expertise with technology integration. To enable the workforce to adapt to this workforce reset, 80% of GCCs are already funding continuous learning and internal mobility programs, enabling faster, flatter, and more agile decision cycles. The top upskilling models are focused on role-specific reskilling journeys or micro-credentials (18%), corporate academies and focused programs (17%), and embedding AI skills into career frameworks (16%). Moreover, 38% of GCCs are also closing GenAI skill gaps by hiring external talent, while22% are building in-house academies”, added Abhilash Raghavan, Chief Business Officer – GCC Vertical, NLB Services.

India’s GCC ecosystem has also reached a defining point — where leadership readiness for AI is now the true differentiator. Hyderabad and Bengaluru lead this shift, with 70% and 69% of GCCs showing strong AI leadership maturity in both vision and budget ownership. These hubs aren’t just adopters but are instead shaping the global playbook for scaling AI. This leadership momentum is mirrored across industries where AI has become central to competitiveness. Telecom & Internet Services (70%) and BFSI & Fintech (69%) lead in strategic clarity, while Software & Consulting (65%) and Media & Gaming (67%) show robust budget commitment. Together, they mark a decisive shift — India’s digital-first enterprises aren’t experimenting with AI anymore; they’re institutionalizing it as a leadership and governance discipline.

“Workforce 2.0 Reset – India’s GCC Go AI-Native” report also signals that AI governance is rapidly institutionalizing across India’s GCCs. 33% have established central AI committees or CoEs, while 29% manage oversight through business units under audit and compliance frameworks. Delhi/NCR (39%) and Bengaluru (37%) lead with centralized governance models, reflecting higher maturity, while Hyderabad (35%) and Mumbai (34%) favor decentralized oversight, signaling a growing push for flexibility and autonomy.

Progressive state policies are accelerating India’s GCC expansion, driven by strong digital infrastructure, talent pipelines, and AI-focused incentives. These frameworks, reinforced by rising STEM talent in non-metro cities, are transforming regional hubs into future-ready innovation corridors. As GCCs move from pilots to full-scale AI-driven operations, the next five years will cement India’s position as the global hub for AI engineering, analytics, and governance excellence — showcasing a model that blends innovation, talent, and responsible growth.

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• The sales value of INR 649.6 crores achieved for this quarter shows a 5.4% increase over the previous year.
• The sales value for the first three quarters of 2025 stands at INR 1,911.7 crores, which is about a 5.8% increase compared to the same period last year.

Major Highlights

1. A prestigious ₹5.33 crore contract was won for a major power plant project, to be executed in partnership with a reputed heavy engineering company.
2. The company secured an export order worth ₹53.6 crore for an energy project at a leading U.S. facility, collaborating with a global engineering partner.
3. Strengthening its renewable energy footprint, the company obtained a ₹34.4 crore order for the installation of solar pumps under a significant state-led initiative.
4. Advanced pumping solutions worth ₹6.5 crore were ordered for key mining and power projects across Rajasthan.
5. India’s first—and among the world’s largest—carbon fibre projects in Gujarat awarded the company a ₹5.6 crore order for specialized pump systems.
6. A ₹5.8 crore order was received for reciprocating pumps, catering to a major refinery development in Assam.
7. The Etanorm FXM pump achieved FM Approval, unlocking new opportunities in India’s listed firefighting pump market.
8. The organization earned the Great Place to Work certification, supported by an impressive 89% positive feedback from employees across all parameters.
9. KSB Foundry successfully attained NORSOK Phase 1 certification (up to 70 mm), paving the way for new business with ADNOC and other Middle Eastern clients.

  Business Highlights (Amounts in INR Crores)

Summarizing the Q3 2025 performance, Prashant Kumar, Vice President of Sales and Marketing at KSB Limited, said, “This year has been remarkable for KSB, driven by strong performance across our key business segments and continued trust from our partners and customers. We secured several prestigious projects, including major power and energy contracts in India and overseas, reinforcing our position as a reliable engineering solutions provider. Our contribution to the renewable energy landscape was further strengthened through large-scale solar pump installation projects under state-led initiatives.

It has been a year of expansion into new and promising areas. From supplying specialized pump systems for one of the world’s largest carbon fibre projects in Gujarat to delivering advanced solutions for mining, power, and refinery projects across India, we continued to demonstrate engineering excellence and customer trust. Innovation remained central to our progress, marked by FM Approval for the Etanorm FXM pump and NORSOK Phase 1 certification for our foundry, opening new opportunities in firefighting and Middle Eastern markets.

Beyond business, we take immense pride in our people. KSB India was recognized as a Great Place to Work, with an outstanding 89% positive feedback across all parameters from our employees — a reflection of the passion, engagement, and dedication that fuels our success.

Looking ahead, KSB remains committed to sustaining this momentum by pursuing excellence, driving innovation, and delivering long-term value to all our stakeholders.“

Mahesh Bhave, Chief Financial Officer at KSB Limited, commented: “KSB delivered a strong and consistent performance in the third quarter, supported by consistent execution across key business segments. We continue to strengthen our financial position through effective cost management and operational efficiency, ensuring profitability despite a challenging cost environment. On the ESG front, going one step ahead, in addition to the Business Responsibility and Sustainability Report, we have also released the Company’s first Sustainability Report in October 2025. Delivering on our ESG commitments, we are working towards the reduction of GHG emissions under Scope 1 and 2, while monitoring limited categories of Scope 3 emissions. We are also conducting supply chain assessments based on sustainability criteria and working on BRSR Core assurance. Our focus remains on driving sustainable value creation for all stakeholders through innovation and responsible business practices.“

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SYDNEY: Lion, a leading beverage brand headquartered in Sydney with operations across Australia and New Zealand, has selected Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global leader in IT services, consulting, and business solutions, to manage and transform its information technology landscape. Through this collaboration, TCS will help enhance Lion’s operational resilience and productivity by adopting a scalable operating model and service delivery automation by infusing Artificial Intelligence (AI) for smarter outcomes.

As part of this strategic collaboration, TCS will facilitate Lion’s transition from legacy systems to a modern cloud infrastructure, while also spearheading application development and strengthening cybersecurity protocols. TCS’s extensive domain expertise and bouquet of AI offerings will support Lion’s ambitious transformation agenda and accelerate its growth trajectory. TCS will deliver outcome-focused transformation by prioritising and optimising operational costs and elevating the overall user experience for Lion’s customers. TCS will deploy TCS Cognix^TM, a transformational platform that focuses on providing service resiliency, business agility, and enhanced customer experience.

Ram Kalyanasundaram, Lion Technology & Digital Transformation Director, said, “This partnership marks a new chapter in Lion’s technology transformation. TCS brings deep global capability in CPG, proven execution, and a partnership mindset that aligns with our ambition to build a more modern, resilient, and scalable digital foundation. Together, we will simplify our landscape, accelerate innovation, and empower our people with the tools and insights to deliver great experiences for our customers and consumers.”

Krishnan Ramanujam, President, Consumer Business Group – TCS, said, “I am excited about our partnership with Lion amidst the sweeping transformation in the beverages industry. It is an honor to be Lions’ partner as they pivot to a new phase of growth and innovation. Our collaboration with Lion is built on a solid foundation of deep domain expertise and an unwavering digital mindset. By leveraging cutting-edge technologies such as AI and cloud, alongside TCS’s comprehensive CPG platforms, we will accelerate innovation and deliver exceptional experiences for customers and consumers alike.”

This partnership will foster continuous innovation across the enterprise, including advanced data and analytics powered by AI and revenue upliftment through strategic revenue growth management. Additionally, the partnership will work to introduce AI-driven personalized solutions and persona-centric enterprise health metrics. These initiatives will deliver tailored technology optimization strategies and function-specific insights, further strengthening the operational performance.

Vikram Singh, Country Head, Australia & New Zealand – TCS, said, “We are pleased to collaborate with Lion to strengthen and transform their IT landscape, leveraging our global expertise in CPG technology, cyber security, data, and AI. This strategic partnership with Lion Group in this pivotal phase of transformation will lead to streamlining their systems and enhancing capabilities through automation, AI adoption, and will lay the foundation for sustained long-term value creation. Furthermore, our commitment to driving continuous innovation with Lion underscores our dedication to supporting their ongoing growth and transformation.”

TCS has been strengthening its presence in Australia for over 35 years and serves as a digital partner to most of the top 10 listed companies in the region. The company has operations in five locations across the country and has also been recognised among LinkedIn’s Top 25 companies to work for and as a top employer in the region by the Top Employers Institute.

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ICICI Securities has maintained a Buy rating on the company with a target price of INR 1,786, while Axis Capital and Nuvama have set their target prices at INR 1,780 and INR 1,376, respectively, indicating a potential upside of up to 75% in the stock price.

Signature Global’s stock opened at Rs. 1029.90 per share on November 11, 2025, in early trading hours.

During H1FY26, the company recorded strong pre-sales of INR 46.6 billion and reported revenue of INR 12.0 billion, with collections standing at INR 18.7 billion. The company expects collections to rise significantly in H2FY26 as key construction milestones are achieved in its high-value projects located in Gurugram.

Brokerage Firm Recommendations

ICICI Securities has maintained its BUY rating and has updated the target price to Rs 1,786, suggesting the stock could increase by 75%.

The brokerage firm noted that Signature Global has delivered 57% sales booking CAGR over FY21–25, largely through affordable/ mid-income housing projects.

ICICI Securities projects that, backed by Signature Global’s robust launch pipeline with a cumulative gross development value (GDV) exceeding INR 450 billion for FY25–28E, the company’s sales bookings are expected to reach INR 119 billion in FY26, INR 127 billion in FY27, and INR 139 billion in FY28.

Axis Securities expects a 74% upside in the company’s stock price and believes that Signature Global is well-positioned to achieve this target, driven by a strong launch pipeline of over INR 130 billion planned for the second half of the fiscal year.

“We expect construction of new projects to pick up sequentially from here on, which, with healthy bookings at new launches, will drive collections and OCF,” Axis Capital said in its report.

Nuvama has also maintained its BUY rating with a target price of Rs. 1,376 per share.

“Despite being a relatively new entrant, Signature Global has emerged as one of the largest developers in the Gurugram housing market in terms of sales bookings over the past few years,” Nuvama said in its report.

“One of the biggest factors in SGIL’s success is the fact that the company has been able to acquire land at very attractive prices. On average, land/approval-related costs for the company are 10–15% of the selling price,” the report added.

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