Revenue is expected to grow 13% YoY, while EBITDA margin is expected to be 28.4% in. Key domestic markets, such as Mumbai, Delhi, Hyderabad, and Bangalore, are expected to continue witnessing strong traction, the brokerage said.
RBL Bank
Target price - Rs 400 (11% upside)
RBL Bank's loan book could grow 23% year-on-year and 1.6% quarter-on-quarter in Q1FY27, driven by healthy growth in wholesale, commercial banking, loan against property (LAP) and gold loans. The brokerage expects net interest margin (NIM) to soften to 4.24% due to a change in the product mix, although lower deposit requirements could help reverse the trend over FY27.
Dixon Technologies
Target price - Rs 14,600 (22% upside)
Coforge
Target price - Rs 1,860 (27% upside)
Kirloskar Oil Engines
Target price - Rs 2,750 (17% upside)
Motilal expects the firm to report 19% year-on-year revenue growth in Q1FY27, driven by strong performance across all business segments, except exports. The brokerage expects export demand to begin recovering over the coming quarters. Key monitorables for the quarter include demand for gensets, the pricing environment, growth in the high horsepower (HHP) segment and progress on the company's ongoing capacity expansion plans.
Arvind Fashions
Target price - Rs 620 (33% upside)
The brokerage expects the firm to report 14% year-on-year revenue growth in Q1FY27, supported primarily by mid- to high-single-digit same-store sales growth (SSSG). The brokerage expects gross margin to improve by around 50 basis points year-on-year, while operating margin is likely to expand by approximately 35 basis points during the quarter.
Delhivery
Target price - Rs 590 (16% upside)
