BSE Sensex 30 Stocks Regulatory Filings — July 04, 2026

Record consolidated revenue of ₹1,98,639 Cr (+25% YoY) and PAT of ₹17,099 Cr (+32% YoY), highest in history, driven by SUV sales up 20% and tractor volumes crossing 5 lakh units

Subsidiary turnaround—Mahindra Lifespaces profit up 7x, Logistics broke even after 11 quarters of losses, and Aerospace built a $1B+ order book, indicating diversified growth

Patents surged from 56 to 1,300+ over a decade, signaling R&D-driven competitive moat and innovation pipeline

Average advances grew 10.8% YoY and period-end gross advances grew 15.4% YoY, indicating robust loan demand and market share gains

Average deposits grew 13.3% YoY, outpacing advances growth, suggesting strong liability franchise and liquidity

Gross advances grew 18.8% YoY and total deposits rose 18.2% YoY, the fastest growth among the three banks, signaling aggressive expansion

Net advances grew 15.1% YoY and 3.2% QoQ, with average advances up 15.0% YoY, indicating steady credit growth

₹15,000 Cr investment in Nagpur over 10 years signals long-term capacity expansion and government alignment, boosting investor confidence

Period-end CASA grew only 9.4% YoY vs. overall deposit growth of 14.7%, indicating a shift to higher-cost time deposits that could compress NIMs

CASA deposits declined 1.4% QoQ on end-balance basis, while term deposits grew 22.8% YoY and 5.5% QoQ, worsening funding mix

CASA (EOP) declined 6.7% QoQ, the sharpest drop among peers, while total deposits were nearly flat (+0.1% QoQ), signaling deposit mobilization challenges

Chairman warns of structural global uncertainty ('Manthan 2.0') with supply chain disruptions, commodity volatility, and geopolitical risks, tempering growth optimism

Period-end CASA grew only 9.4% YoY, the slowest deposit category, and average CASA growth of 11.2% lagged time deposit growth of 14.3%, indicating a structural shift to higher-cost funding

Total deposits (EOP) were nearly flat QoQ (+0.1%), and CASA (EOP) declined 6.7% QoQ, the worst among peers, suggesting a loss of low-cost deposit share

End-balance CASA fell 1.4% QoQ despite strong deposit growth, while term deposits surged 22.8% YoY, worsening the funding mix and pressuring NIMs

All three banks (HDFC, Kotak, Axis) show CASA growth lagging term deposit growth, a sector-wide trend that will compress net interest margins in coming quarters

Chairman's warning of structural global uncertainty ('Manthan 2.0') highlights risks from supply chain disruptions, commodity volatility, and geopolitical tensions that could impact auto demand and input costs

Q1 FY27 results are provisional and subject to limited review by statutory auditors, creating uncertainty until audited numbers are released

Q1 FY27 business figures are provisional and subject to limited review, with potential adjustments to reported growth rates

Agenda includes approval of material related party transactions with Mahindra Electric Automobile Limited and Mahindra Finance USA LLC, which could raise governance concerns if not properly disclosed

With revenue up 25% YoY and PAT up 32% YoY, M&M is trading at a potential valuation discount to its growth rate; the AGM on July 30 may provide further guidance on dividend increases or buybacks

Mahindra Lifespaces profit up 7x, Logistics breakeven after 11 quarters, and Aerospace $1B+ order book offer hidden value that may unlock as these units scale

Gross advances grew 18.8% YoY, the highest among the three banks, suggesting market share gains; if CASA stabilizes, NIM recovery could drive earnings upgrades

Despite CASA lagging, average deposits grew 13.3% YoY, and period-end deposits grew 14.7% YoY, indicating a robust base that can support continued loan growth

Average CASA grew 13.0% YoY and 2.4% QoQ, suggesting the underlying trend is positive despite the EOP decline; QoQ volatility may create a buying opportunity

Patents surged from 56 to 1,300+ over a decade, indicating a strong R&D pipeline that could drive future product cycles and margin expansion

Electric three-wheelers maintain 40% market share, and the Nagpur investment may include EV capacity, positioning M&M for the EV transition

The shift to term deposits may benefit banks with strong retail deposit franchises (like HDFC Bank) as they can lock in lower-cost term deposits vs. peers

All three banks (HDFC, Kotak, Axis) report CASA growth lagging term deposit growth, with Kotak showing a 6.7% QoQ CASA decline and Axis a 1.4% QoQ decline. This sector-wide trend will compress NIMs by an estimated 10-20 bps in Q2 FY27, making banks with stronger CASA franchises (HDFC) relatively safer.

Mahindra & Mahindra's 25% revenue growth and 32% PAT growth contrast sharply with the banking sector's margin pressure, suggesting a rotation toward industrials and away from rate-sensitive financials in the near term.

HDFC Bank's period-end deposits grew 14.7% YoY vs. Kotak's flat QoQ growth, highlighting a widening gap in deposit mobilization capabilities. HDFC's scale and branch network provide a competitive advantage in the current high-rate environment.

M&M's record earnings and ₹15,000 Cr investment plan signal aggressive reinvestment, while banks face headwinds from margin compression that may limit dividend growth or buyback capacity in the near term.

M&M's Chairman warns that global uncertainty is becoming structural ('Manthan 2.0'), a theme that may affect other SENSEX companies with global supply chains, suggesting a defensive tilt toward domestic-facing sectors.

Scheduled for July 30, 2026, at 3:00 PM IST. Watch for dividend announcements, guidance on Nagpur investment, and updates on subsidiary performance (Lifespaces, Logistics, Aerospace)

Q1 FY27 provisional data will be subjected to limited review by statutory auditors. Watch for any adjustments to advances/deposits growth and NIM commentary

Q1 FY27 provisional business figures will be reviewed. Watch for CASA ratio trends and management commentary on deposit strategy

With CASA (EOP) declining 6.7% QoQ, watch for full quarterly results (likely in July) for NIM data, asset quality, and management's deposit mobilization strategy

The ₹15,000 Cr investment over 10 years is a long-term catalyst; watch for initial capex announcements, land acquisition, and government incentives in coming quarters

With deposit competition intensifying, watch for RBI's monetary policy stance and any liquidity measures that could ease deposit rate pressures

SUV sales grew 20% in FY26; watch for monthly sales data in Q2 FY27 to see if momentum continues amid global uncertainty warnings