Daily filing brief

L&T AI Order, Hindalco Earnings and More: 10 important BSE and NSE announcements for 13 August 2026

L&T’s order to build NVIDIA B300 AI Factory infrastructure leads the listed-company developments for 13 August 2026.

The 10-item brief also covers Hindalco’s Q1 FY27 earnings, Solar Industries’ results and other corporate announcements spanning fundraising, projects and operations.

By Daily BrieferPublished Updated

Topics covered

  • Order wins
  • Quarterly results
  • Fundraising
  • Capacity expansion
  • Operational updates

  1. Larsen & Toubro Ltd

    L&T secures mega order with Together AI to build India's largest NVIDIA B300 AI Factory.

    Award of Order / Receipt of Order

    Order details

    • Customer: Together AI, a US-based AI cloud innovator.
    • Scope: Build NVIDIA B300 AI Factory infrastructure at Vyoma Chennai data centre.
    • Capacity: 10,000 B300 GPUs; Phase 1 design 250 MW, 150 MVA readiness.
    • Value: Indicative order size ₹10,000–₹15,000 crore.
    • Timeline: execution timeline not disclosed.
    • Awarding entity: Together AI (US-based).
    • Related party: Vyoma.AI is an L&T subsidiary; arm's-length status not stated.
    • Impact: milestone in L&T's Gigawatt AI Infrastructure Mission; strengthens India's AI infra.
    • Location: Chennai data centre campus.
    • Contract type/terms: not specified.
    Read the primary exchange filing

  2. Hindalco Industries Ltd

    Hindalco Q1 FY27: EBITDA up 58% YoY; PAT up 75%; net debt/EBITDA at 1.95x; Novelis on track

    Earnings Call Transcript

    Financial Performance

    • Consolidated EBITDA rose 58% YoY to INR 13,481 crores.
    • Consolidated PAT rose 75% YoY to INR 7,013 crores.
    • India Upstream EBITDA rose 73% YoY to INR 8,606 crores; PAT 5,301 crores, up 86%.
    • Novelis Adjusted EBITDA at $516 million; Oswego fire net impact $18 million; insurance proceeds $47 million.
    • Consolidated net debt-to-EBITDA at 1.95x; target around 2x.

    Operating Update & Segment Trends

    • India upstream aluminum shipments up 3% YoY; revenues up 44% YoY.
    • India upstream EBITDA 7,390 crores; margin 55%.
    • Copper shipments 105 Kt; CCR 96 Kt; quarterly copper EBITDA INR 918 crores.
    • Novelis shipments 916 KT; YoY down 5%; EBITDA $516m; $563/ton.

    Market Environment & Risk Factors

    • Oswego restart in June; ramping to normal; headwinds recovery expected into next fiscal.
    • Tariffs: $70 million related to tariff impacts; not excluded from EBITDA on Novelis call.
    • MJP premium elevated due to Middle East supply disruptions; expected to ease as imports reconfigure.

    Balance Sheet & Cash Flow

    • Oswego insurance recoveries expected; cumulative cash impact is about $600 million net.
    • NK: Net debt/EBITDA targeted around 2x; Novelis leverage expected to improve from current levels.

    Projects & Capex

    • Aditya Alumina refinery: Phase 1 180 pots by Dec 2027; Phase 2 by Dec 2028.
    • Captive coal mines: Chakla 1.0 MT; Bandha 0.5 MT; Meenakshi development underway.
    • Bay Minette greenfield 600 KT on track for completion this year.
    • Renewables: add 414 MW; total 884 MW by FY27; 125 MW RE RTC capacity.

    Outlook & Guidance

    • Global macro: RBI expects FY27 GDP growth at 6.7%; inflation around 5%.
    • Novelis long-term EBITDA per ton guidance unchanged at $600.
    • 3-year cost-reduction target for Novelis: $350–$400 million; run-rate savings $225 million.
    • Downstream EBITDA target for FY30: fourfold increase; ongoing integration with copper.
    Read the primary exchange filing

  3. Solar Industries India Ltd

    Solar Industries reports record Q1 FY2027 revenue, EBITDA, PBT and PAT; order book at ₹21,350 crore

    Press Release / Media Release

    Key operational and financial highlights

    • Net revenue for Q1FY27 was ₹3,668 crore, up 70% year-on-year.
    • EBITDA was ₹1,024 crore, up 82% year-on-year.
    • PBT was ₹911 crore, up 89% year-on-year.
    • PAT was ₹666 crore, up 89% year-on-year.
    • Defence business grew 123% year-on-year; defence order book over ₹18,000 crore.
    • International explosives grew 65% year-on-year; domestic explosives grew 52% year-on-year.
    • Total order book stands at ₹21,350 crore.
    • Revenue guidance for FY2026-27 is ₹14,000 crore.
    • Capex plan is ₹2,050 crore; ₹450 crore deployed in Q1 FY27.
    • Dhule plant commissioned; expansions at Dholpur and North India; Orissa facility upcoming.
    Read the primary exchange filing

  4. Shalimar Paints Limited

    Shalimar Paints approves multi-track equity, CCPS issues, QIP and authorized capital increase

    Issue of Securities

    Capital structure & MOA amendments

    • Increase authorized capital from ₹20 crore to ₹1,000 crore.
    • Authorised: 300 crore equity shares and 200 crore CCPS.
    • Amend MOA Clause 5; shareholder approval required.
    • Consequence: alterations under Companies Act, 2013.

    Equity preferential issues

    • Up to 12,454,608 equity shares at ₹85; size ₹1,05,86,41,680.
    • Post-issue holders total 2.31% for three non-promoter allottees.
    • Top allottees: Hathor Advisors, Plutus Capital, Pro Fin Capital (0.77% each).
    • Second tranche: up to 41,70,21,987 equity shares at ₹85; size ₹35,44,68,68,895.
    • Post-issue promoter/non-promoter combined stake 77.46%.
    • Top post-issue holders: Aaditya Sharda 36.54%, Souvik Sengupta 36.60%, Silverline Homes 6.11%.

    CCPS issuance

    • Up to 81,12,02,664 CCPS at ₹85; aggregate ₹68,95,22,17,869.
    • CCPS: non-cumulative, non-participating, compulsory convertible.
    • Issued to promoters and non-promoter allottees.

    QIP & strategic investment

    • Qualified Institutions Placement up to ₹1,000 crores.
    • Investment in Hella Infra Market via equity and CCPS swap; Infra.Market may become subsidiary.

    Governance & investor base

    • Top equity holders post second tranche include Aaditya Sharda (36.54%) and Souvik Sengupta (36.60%).
    • Annexures show 185 institutional/non-institutional investors for equity tranche 2.
    • Annexure III lists 196 investors for CCPS tranche; major holders around 36% and 18%.

    Management actions

    • Mr. Kundan Sangwar appointed as Chief Financial Officer.
    • Board approved AGM/EGM notices and related valuation reports.
    Read the primary exchange filing

  5. Afcons Infrastructure Ltd

    Afcons Infrastructure Q1 FY27: revenue down y/y; healthy order book; guidance intact for ₹30,000 crore inflows

    Earnings Call Transcript

    Financial Performance

    • Q1 FY27 total income ₹2,727 crore, down from ₹3,419 crore in Q1 FY26.
    • EBITDA ₹263 crore, margin 9.6% for the quarter.
    • PAT ₹30 crore; PBT ₹51 crore; weaker due to lower turnover.
    • ₹57 crore other operating income included; TBM depreciation largely absent this quarter.
    • End-Q1 order book ₹43,290 crore; Q1 inflows ₹13,219 crore.
    • FY27 YTD orders booked ₹15,695 crore; pending book over ₹45,000 crore.
    • Overseas revenue share was 16% in Q1; domestic 84%.
    • Capex in Q1 ₹150 crore; FY27 capex guidance ₹700–800 crore; FY28 ₹600–650 crore.
    • Net debt to equity around 0.68x; debt-related pressures influenced by capex funding.

    Operating Update

    • Mumbai-Ahmedabad HSR TBM drives commenced; main tunneling to start in coming months.
    • Croatia railway is the largest single order; Vadhvan port breakwater opportunity.
    • Overseas projects tend to yield higher margins; delta of 200–300 bps vs domestic.
    • Bid pipeline remains robust: ₹1.5 lakh crores for 9 months; ₹3.96 lakh crores long-term.
    • Geopolitical uncertainty weighing award activity; momentum expected as uncertainties ease.

    Balance Sheet and Cash Flow

    • Net working capital elevated due to project funding and certification delays.
    • Cash flow from operations negative in Q1, typical due to March-year-end payments.
    • Capex payments contributed to higher debt in the quarter.
    • Tax rate elevated due to JV and overseas entity contributions.
    • Collections and stuck receivables expected to improve gradually through year.

    Projects and Capex

    • Q1 capex about ₹150 crore; CWIP around ₹900 crore.
    • TBM depreciation expected to rise in H2 as TBMs capitalize.
    • Croatia turnover expected to be minuscule this year; Vadhvan geotech/design work this year.
    • Strategic equipment base around ₹4,300 crores; selective, high-utilization investments.

    Guidance and Q&A

    • FY27 full-year order inflow guidance ₹30,000 crore; execution ramp expected in H2.
    • Pipeline supports steady growth; Q&A indicates ramp in Q3/Q4 and FY28 strength.
    • Overseas revenue target around 30% again as order book diversifies.
    • Net debt target discussed: around ₹2,700–₹2,800 crores; capex pacing outlined.
    Read the primary exchange filing

  6. Honasa Consumer Ltd

    Honasa Consumer delivers highest-ever Q1 FY27 revenue and profit; revenue up ~32% YoY, EBITDA INR 110 Cr

    Press Release / Media Release

    Key Highlights

    • Q1FY27 revenue reached INR 785 Cr, up 31.8% YoY; highest-ever quarterly revenue.
    • Q1FY27 EBITDA INR 110 Cr; margin 14.1%; ~2x YoY.
    • PAT rose to INR 90 Cr; PAT margin 11.5%.
    • Focus Categories grew 35%+; Mamaearth growth in high-teens; cross-channel demand.
    • Derma Co. NSV ARR hit INR 1,000 Cr; entered teens EBITDA club; two INR 1,000 Cr brands.
    • Younger Brands grew ~40%+; BTM Ventures ARR crossed INR 150 Cr; expanding geography and channels.
    • Offline scaled; General Trade and Modern Trade ~40%+ growth; outlets ~3 lakh.
    • Entered fragrance category with FIKN, India's first elixir brand.
    Read the primary exchange filing

  7. SPML Infra Ltd

    SPML Infra Q1 FY27: revenue up 74% to 3286 crore; PAT up 87% to 22.7 crore.

    Press Release / Media Release

    Financial highlights

    • Revenue: 3286 crore, up 74% YoY.
    • EBITDA: 328 crore, up 81% YoY.
    • PAT: 22.7 crore, up 87% YoY.
    • EBITDA margin: 9.9% vs 9.5% in Q1 FY26.
    • Q1 order inflow: 31,293 crore.
    • Order book: ~35,094 crore.
    • FY27 growth guidance: minimum 25% growth.

    Operational & strategic updates

    • Q1 order inflow reinforces momentum for SPML 2.0 execution.
    • BESS facility at SUPA MIDC, Pune Phase 1 of 2.5 GWh completed; IEC/UL certifications underway.
    • Target to scale to 5 GWh and 600 containers by H1 FY28.
    • L1 in projects aggregating ~265 crore.
    • Legacy projects ~31,251 crore; newer projects with margins ~10%+.

    Balance sheet & credit

    • Total outstanding debt ~700 crore; portion repaid; balance backed by arbitration award and interest.
    • Arbitration claims ~34,526 crore with visibility on realization.
    • ICRA upgraded long-term rating to BBB (Stable); CRISIL BBB (Stable) on facilities.
    Read the primary exchange filing

  8. Godawari Power and Ispat Ltd

    GPIL maintains FY27 guidance; steel plant kept optional due to water approvals; CRM relocation to Maharashtra; BESS on track

    Earnings Call Transcript

    Financial Performance

    • Q1 FY27 revenue grew YoY and sequentially.
    • EBITDA margin 19.1%; PAT margin 12.7% in Q1 FY27.
    • Profitability softened sequentially due to higher input costs.
    • Beneficiation plant capex incurred till June 2026: INR 218 crores.

    Operations and Capex

    • Pellet capacity 4.7 mt; utilization 77% in Q1 FY27, ramp to 80–85% in FY27.
    • Ari Dongri mine ramp-up planned from Q3; full scale FY28; beneficiation capex INR 218 crores.
    • CRM complex moved to Maharashtra; land approval by Aug 2026; commissioning by Dec 2027.
    • CRM capex envisaged at INR 1,100 crores; debt funding ~INR 550 crores.
    • Integrated steel plant kept in abeyance due to water-allocation delays.
    • 20 GW base project scheduled for commissioning in Q1 FY28.
    • 9 MW WRHB plant commissioned; total WRHB capacity 49 MW.

    Outlook and Guidance

    • FY27 pellet production guidance of 4.0 mt; volumes may be slightly lower due to plant shutdown.
    • Iron ore price expected to hover around USD 90–100; Simandou ramp delayed.

    Q&A Highlights

    • Steel plant kept optional pending water approvals; Vision 2030 guidance adjusted.
    • BESS first container expected in Q1 FY28; tenders planned; Made in India components.
    • Maharashtra CRM may improve local demand and reduce transport costs; incentives uplift margins by 2–3%.
    • Gas supply costs and PNGRB pricing impact pellet economics; mining costs higher due to lower production.
    • CBAM and WSA emission intensity trends discussed; longer-term iron ore pricing outlook.
    Read the primary exchange filing

  9. Star Cement Ltd

    Star Cement Q1 FY27: Revenue ₹902 cr, EBITDA ₹203 cr; NE floods dampen volumes; capex plan intact

    Earnings Call Transcript

    Financial Performance

    • Total revenue for Q1 FY27: ₹902 crores.
    • EBITDA for the quarter: ₹203 crores.
    • PAT for the quarter: ₹74 crores.
    • Clinker production: 9.10 lakh tons; cement production: 13.08 lakh tons.
    • Cement sales: 13.02 lakh tons; clinker sales: 0.52 lakh tons.
    • NE cement sales: 8.71 lakh; outside NE: 4.31 lakh.
    • Blend mix: OPC 15%; PPC rest.
    • EBITDA per ton: ₹1,497.

    Operating and Market Trends

    • Premium cement share: 15.9% of total sales.
    • Trade share: 80%; lead distance: 210 km; clinker factor: 66.5%.
    • Q2 volume outlook: floods dent Q2; double-digit H2 growth expected.
    • Clinker sales in FY27 may degrow 5–10% versus FY26.
    • Prices broadly stable in NE and outside NE.
    • Assam floods depress volumes in Q2; August shows marginal improvement.

    Projects and Capex

    • Q1 capex spent around ₹93 crores.
    • Total capex guidance: ₹2,600–₹2,700 crores for North and Rajasthan.
    • FY28 capex guidance: around ₹1,500 crores.
    • Rajasthan Nimbol project: EC expected Sep end/Oct; 18–20 month timeline.
    • Siliguri grinding unit: policy clarity to decide West Bengal vs Bihar.
    • Wagon tippler at Siliguri; EVs on routes to cut logistics costs.
    • Capex focus for next 2 years: Rajasthan and North.

    Guidance and Outlook

    • Full-year cement volume growth revised to 8–9%.
    • Clinker sales expected flat to down 5–10% YoY.
    • Fuel cost per ton expected ~₹1.45 from Q2; further easing possible.
    • Non-cement revenue guidance: ₹150 crores; ARR by Q4.
    • Debt/EBITDA target around 1.5x–1.6x; QIP not planned now.

    Q&A Takeaways

    • Assam subsidy guidance revised to ~₹115 crores per year; outstanding receivable ~₹130 crores.
    • NE flood impact: Q2 volumes down; expects pent-up demand in H2.
    • Policy in West Bengal may shift grinding capacity depending on policy.
    • North region RMC opportunities under evaluation; not yet modeled in detail.
    • Capex and debt: capex progress steady; debt/EBITDA target comfortable at 1.5–1.6x.
    Read the primary exchange filing

  10. Ellenbarrie Industrial Gases Ltd

    Ellenbarrie Industrial Gases Q1 FY27: Revenue up 18%, EBITDA 39% margin, capex guidance maintained

    Earnings Call Transcript

    Financial Performance

    • Q1 FY27 revenue from operations: 987 million; up 18% YoY, 13% sequential.
    • EBITDA: 387 million; margin 39%; YoY +21%, sequential +50%.
    • PAT: 350 million; YoY +87%, sequential +53%.
    • Core gases revenue: 973 million; margin 38%; YoY +20%, sequential +13%.

    Operations and Capacity Update

    • Kurnool and Uluberia 2 ramp-up progressing; East India 320 TPD onsite commissioned; revenue from Q2 FY27.
    • Capex guidance FY27: 250 crore; FY28: 200 crore; two merchant plants total 450-500 TPD.
    • Legacy plants fully utilized; East India onsite has some spare capacity.

    Outlook and Margin Guidance

    • EBITDA margins expected to stabilize at around 40% or higher over time.
    • Power costs remain key; renewables PPAs to lower per-unit power costs.
    • FY27 capex guidance reiterated; East India revenue start Q2 FY27; utilization to improve.

    Q&A Highlights

    • No advance contracting for the 450-500 TPD merchant plants; ramp-up 18-24 months.
    • Argon pricing volatility; long-term trend upward; longer-term margins not solely Argon-driven.
    • Two merchant plants capex of ~450 crore; combined capacity 450-500 TPD.
    • Electronic gases margins lower than ASU; investment in containers and safety; payback ~3 years after build and ramp.
    • On-site revenue share vs bulk: onsite ~14 crores; bulk ~70 crores; capacity higher than revenue share.
    • East India onsite live by Q2 FY27; steel revenue ~one-third of total; non-steel two-thirds.
    • Inquiries for on-site plants robust; pipeline includes inquiries above 600 TPD; largest plant if signed.
    • Steel is one-third of revenue; non-steel two-thirds.
    Read the primary exchange filing