Indian equity markets will head into Monday’s trading session with a heavy earnings-driven focus. A series of quarterly announcements across infrastructure, pharmaceuticals, renewable energy, financial services, healthcare, and specialty chemicals are expected to shape stock-specific action.
Here is a detailed look at the key stocks to watch on February 16.
IRB Infrastructure Developers Ltd
The infrastructure developer reported a mixed performance for the December quarter.Revenue declined 7.6 percent year on year to ₹1,871 crore from ₹2,025 crore. Net profit dropped sharply to ₹210.7 crore compared with ₹603 crore in the corresponding quarter last year.
While topline pressure was visible, operating performance remained steady, and shareholder returns emerged as a key highlight.
Tilaknagar Industries Ltd
The alcoholic beverage maker reported a net loss of ₹105 crore in Q3 FY26, reversing from a net profit of ₹53.9 crore in the same period last year.Revenue surged 80.5 percent to ₹1,453 crore from ₹805 crore in Q3 FY25. EBITDA rose 83.2 percent to ₹110 crore compared with ₹60 crore a year earlier. However, the EBITDA margin remained flat at 8 percent year on year.
Torrent Pharmaceuticals Ltd
The pharmaceutical major delivered a strong quarterly performance.Net profit increased 26.3 percent to ₹635 crore in Q3 FY26 from ₹503 crore a year ago. Revenue grew 17.6 percent to ₹3,303 crore compared with ₹2,809 crore in Q3 FY25.
EBITDA rose 19 percent to ₹1,088 crore from ₹914 crore, while the EBITDA margin improved marginally to 32.9 percent from 32.5 percent in the corresponding quarter last year.
EPL Ltd
The company posted a mixed set of numbers for the December quarter.Revenue increased 13.3 percent to ₹1,148 crore from ₹1,014 crore a year earlier. EBITDA rose 14.8 percent to ₹231 crore compared with ₹201.2 crore last year. Margins improved to 20.1 percent from 19.8 percent.
However, reported net profit declined on a year on year basis.
Ola Electric Mobility Ltd
The electric vehicle manufacturer reported a narrower quarterly loss in Q3 FY26.Consolidated net loss stood at ₹487 crore compared with ₹564 crore a year earlier. Revenue from operations declined 55 percent year on year to ₹470 crore from ₹1,045 crore.
The EBITDA loss narrowed to ₹270 crore versus ₹460 crore in the corresponding quarter last year, reflecting improved margins and cost controls during an operational reset.
Inox Wind Ltd
The wind energy solutions provider reported flat net profit of ₹117 crore in Q3 FY26 compared with the same period last year.Revenue rose 32.5 percent to ₹1,207 crore from ₹911 crore in Q3 FY25. EBITDA increased 38.2 percent to ₹281.2 crore from ₹203.5 crore. EBITDA margin improved to 23.3 percent from 22.3 percent a year earlier.
NBCC (India) Ltd
The state-run construction firm reported a mixed quarterly performance.Consolidated net profit grew 39.3 percent year on year to ₹193 crore compared with ₹138.5 crore in the same period last year. Revenue from operations increased 7.6 percent to ₹3,022 crore from ₹2,809 crore a year ago.
Despite strong profit growth, operating performance showed signs of moderation.
Galaxy Surfactants Ltd
The specialty chemicals manufacturer reported an 8.7 percent decline in net profit to ₹59 crore in Q3 from ₹64.6 crore a year ago.Revenue increased 27.6 percent to ₹1,329.5 crore compared with ₹1,041.7 crore last year. EBITDA rose 13.4 percent to ₹119.9 crore from ₹105.7 crore. However, EBITDA margin declined to 9 percent from 10.1 percent in the year ago period.
Fortis Healthcare Ltd
The healthcare provider reported a 21.9 percent drop in net profit to ₹193.7 crore for the quarter ended December 31, 2025.Revenue grew 17.5 percent to ₹2,265 crore compared with the year ago period. EBITDA surged 35 percent to ₹506 crore, with margins improving to 22.3 percent from 19.4 percent.
Net debt rose to ₹2,547 crore, increasing the net debt to EBITDA ratio to 1.24 times from 0.41 times a year earlier.
Easy Trip Planners Ltd
Shares will be in focus after the company reported quarterly results.Net profit rose 83 percent to ₹5.80 crore compared with ₹33.60 crore year on year. Revenue increased 1 percent to ₹152 crore from ₹150.5 crore.
However, EBITDA declined sharply to ₹4.80 crore from ₹47.60 crore in the corresponding quarter last year.
Religare Enterprises Ltd
Shares will be tracked after the board approved the demerger of Religare Enterprises and Religare Finvest Ltd into two independent listed entities.Religare Finvest will issue fully paid up equity shares to Religare Enterprises shareholders on a 1:1 basis.
Manappuram Finance Ltd
The stock will remain in focus after the company received a conditional nod from the Reserve Bank of India for a proposed stake sale.Gujarat Mineral Development Corporation Ltd
The mining company reported a net profit of ₹133 crore in Q3 FY26, down 10 percent from ₹147.7 crore in the same period last year.Revenue declined 11.3 percent to ₹579 crore. EBITDA rose 9.5 percent to ₹101.2 crore, while EBITDA margin improved to 17.5 percent from 14.1 percent a year earlier.
Market Setup for Monday
With a wide range of earnings outcomes across sectors, Monday’s session is likely to see stock specific movements driven by profitability trends, margin expansion, revenue growth, and balance sheet developments. Investors will closely track how the market reacts to both strong operating performances and areas of pressure highlighted in the December quarter results.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.