Quant – Slice and dice – Quarterly sectoral performance – Q3FY26
Published on 20 Feb 2026
Automobiles sales grew 19.6% YoY. Gross margin contracted by 20bps YoY, while EBITDAM saw a modest improvement of 25bps YoY. PATM declined slightly, falling by 9bps YoY.
Capital Goods sales grew a strong 21.4% YoY. Gross margin expanded by 289bps YoY, while EBITDAM improved by 187bps YoY. PATM also strengthened, rising by 184bps YoY.
Chemicals sales grew 7.6% YoY. Gross margin improved by 69bps YoY, while EBITDAM was relatively stable with a marginal 2bps YoY uptick. PATM, however, weakened, declining by 153bps YoY.
