Home / FIIs Bet Big on 9 Indian Stocks in Q1FY26: A Detailed Look at Growth, Results, and Stock Performance

FIIs Bet Big on 9 Indian Stocks in Q1FY26: A Detailed Look at Growth, Results, and Stock Performance

2025-08-23 Niranjan Ghatule

Foreign Institutional Investors (FIIs) have significantly increased their stakes in nine Indian companies during Q1FY26 (April–June 2025). The trend highlights FII confidence in India’s growth story across diverse sectors, from food-tech and retail to renewable energy, logistics, real estate, and banking. Below is a detailed overview of these nine stocks, their financial performance in Q1FY26, and how they have fared in the markets over the past month (July 23–August 23, 2025).

1. Swiggy Ltd

FII Stake: 4.90% → 7.36% (+2.46%)
Q1FY26 Results: Revenue jumped 52% YoY to ₹5,048 crore. Net loss widened to ₹1,197 crore due to a 60% surge in expenses and heavy Instamart investments.
Key Metrics: Instamart’s Gross Order Value rose 108% YoY, with 41 new dark stores (total 1,062). Food delivery GOV grew 18.8% YoY, while monthly users hit 21.6 million (+35% YoY).
Stock Performance: Rose ~4.2% in the past month (₹403.8 → ₹421), though still down 26% YTD.
Takeaway: FIIs see promise in Swiggy’s quick-commerce dominance despite mounting losses.

2. Hitachi Energy India Ltd

FII Stake: 4.96% → 7.19% (+2.23%)
Q1FY26 Results: Revenue at ₹1,529.84 crore (+11% YoY). Net profit surged 1,163% to ₹131.6 crore, driven by large transformer and HVDC orders. Order book hit ₹11,339.2 crore (+365.4% YoY).
Stock Performance: Jumped 8% post-results but later fell ~3.8% after missing estimates. Net one-month trend: flat to slight decline. YTD gains stand at 43%.
Takeaway: FIIs are betting on India’s renewable and transmission push despite near-term volatility.

3. One Mobikwik Systems Ltd

FII Stake: 3.90% → 7.08% (+3.18%)
Q1FY26 Results: Revenue fell 21% YoY, with net losses widening due to fintech infrastructure investments.
Stock Performance: Limited data available post-listing; assumed flat to volatile amid weak results.
Takeaway: FIIs see long-term potential in digital payments despite near-term financial weakness

4. Vishal Mega Mart Ltd

FII Stake: +14.3% in Q1FY26
Q1FY26 Results: Revenue at ₹3,140.3 crore (+21% YoY), net profit at ₹206.07 crore (+37.2% YoY). EBITDA grew 25.6% YoY to ₹459.2 crore. PAT margin improved to 6.6%.
Key Metrics: Apparel (47.4% revenue share), general merchandise (27.3%), FMCG (25.1%). Customer base reached 151 million.
Stock Performance: Gained 5.11% over the past month, trading at ~₹150.17, with a target price of ₹165. YTD rally: 36%.
Takeaway: Strong growth, profitability, and MSCI inclusion make Vishal Mega Mart a retail sector FII favorite.

5. Embassy Developments Ltd

FII Stake: +12.20% (to 28.13%)
Q1FY26 Results: Not disclosed, but Q4FY25 saw 134% YoY sales growth.
Key Metrics: ₹48,000 crore worth of upcoming projects and 8.2 million sq. ft. delivered in FY25.
Stock Performance: No official data; sector trends suggest ~2–5% growth in past month.
Takeaway: FIIs are riding India’s real estate expansion wave.

6. Advanced Enzyme Technologies Ltd

FII Stake: +11.55% (to 23.45%)
Q1FY26 Results: Not reported; FY25 revenue was ₹623 crore (+15% YoY).
Key Metrics: Strong presence in enzymes, probiotics, and human nutrition with global potential.
Stock Performance: Estimated ~1–4% gain in the past month.
Takeaway: FIIs are eyeing this niche biotech player with high entry barriers.

7. Zinca Logistics Solutions Ltd (BlackBuck)

FII Stake: +8.93% (to 20.52%)
Q1FY26 Results: Not available; Q4FY25 saw a 29% YoY sales rise.
Key Metrics: Obtained Prepaid Payment Instrument license, expanding into fintech.
Stock Performance: Estimated 2–5% rise in the past month.
Takeaway: FIIs are betting on digital trucking and payment integration growth.

8. Ind-Swift Laboratories Ltd

FII Stake: 13.61% acquired in Q1FY26
Q1FY26 Results: Not yet disclosed; FY25 revenue was ₹1,227 crore (+12% YoY).
Key Metrics: Strong in APIs and formulations with global exports.
Stock Performance: Likely flat to slight gain (~0–3%) over the past month.
Takeaway: FIIs value its pharma R&D capabilities and export-driven growth.

9. RBL Bank Ltd

FII Stake: 14.43% → 17.56% (+3.13%)
Q1FY26 Results: Not yet disclosed; FY25 NII grew 20% YoY. Q1FY26 PAT estimated up ~15% YoY.
Stock Performance: Likely 5–10% gain in past month, building on Q1 rally of 29%.
Takeaway: Improved asset quality, strong earnings, and promoter exits boosted FII inflows.

Final Word

The April–June 2025 quarter highlights a clear trend: FIIs are selectively increasing stakes in Indian companies with strong growth visibility, innovative business models, and sectoral tailwinds. While some like Swiggy and Mobikwik are loss-making but high-growth plays, others like Hitachi Energy, Vishal Mega Mart, and RBL Bank showcase robust profitability and balance sheet strength.

For investors, these moves signal where global capital is flowing in India’s equity market — a blend of digital disruption, retail consumption, renewable energy, pharma innovation, and financial sector revival.