Stocks To Watch Today: TCS, HCLTech, Anand Rathi, Sical Logistics, Biocon, KP Energy, Mazagon Dock

TCS Q3FY26 Results (Cons QoQ)

• Revenue up 1.95% at Rs 67087 crore versus Rs 65799 crore (Est Rs.66,892.90 crore)

• Ebit up 1.95% at Rs 16889 crore versus Rs 16565 crore (Est Rs. 16,658.50 crore)

• Ebit margin flat at 25.17% versus 25.17% (Est 24.90% )

• Net profit down 11.74% at Rs 10657 crore versus Rs 12075 crore (Est Rs. 12,868.39 crore).

TCS Key Highlights

• Numbers in line with estimates, Profit is a miss down 11.7%

• New Labour Codes, legal claim & restructuring impacting the profits by Rs 3,391 crore.

• Revenue grew in CC terms at 0.8% vs 0.6% in Q2

• Company announced a bumper dividend of Rs 57 including Rs.46 per share as special dividend

• Q3 Annualized AI Rev at $1.8 billion, up 17.3% QoQ in CC

• Attrition at 13.5% vs 13.3 in Q2, Headcount down by 11,151 QoQ in Q3

• Deal wins remains strong at $9.3 bn vs $10 bn in Q2

HCL Technologies 

HCL Technologies Q3 FY26 Results (Cons QoQ)

• Revenue up 6.04% at Rs 33872 crore versus Rs 31942 crore.

• Ebit up 14.23% at Rs 6285 crore versus Rs 5502 crore.

• Ebit margin up 133 bps at 18.55% versus 17.22%.

• Net profit down 3.77%  at Rs 4076 crore versus Rs 4236 crore.

Key Takeaways

• Numbers beat estimates; miss on profits, down 3.77%

• One time impact of New Labour Codes dragging profits by Rs.956 crore.

• Upgraded service rev guidance to 4.75% - 5.25% (vs 4 - 5%)

• HCL Software business grew the most, up 28.1% &  IT biz is up 1.5%  QoQ CC

• TCV at $3 bn up 17.0% QoQ vs 2.6 bn in Q2

• Advanced AI Revenue at $146M, up 19.9% QoQ CC

Anand Rathi (Cons, YoY)

• Total Income down 0.4% At Rs 306 crore versus Rs 307 crore QoQ

• Revenue 289.62 crore vs 237.04 crore
  (+22.18% YoY & -2.60% QoQ)

• PAT 100.19 crore vs 77.30 crore
  (+29.61% YoY & +0.29% QoQ)

AUM And Inflows  

• AUM: Rs 99,008 crore, +30% YoY.

• Mutual fund distribution revenue: Rs 366 crore, +21% YoY.

• Net inflows: Rs 10,078 crore, +10% YoY (Equity MF: Rs 6,082 crore, +4% YoY).