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RAOSCAFF

The Record

Every lock. Every score. Every country.

Each forecast is committed to a public criterion before the outcome is known and scored against that exact criterion afterwards. Misses are published in full. Pick a country on the Atlas, a month, a status, or search the calls.

Forecasts locked360every lock · click to resetResolved hit rate92.95%145 hit · 11 miss · 204 pendingMost recent resolutionHitP-78 · 29 Oct 2026 · open →Next criterion due5 Nov 2026P-164 · Maersk Q3 2026 underlying EBITDA · open →

Showing 55 of 360 ·India ×Clear all

October 202611 locks resolved

RAOSCAFF prediction locks resolving in October 2026
RefThe locked callResolvesStatus
P-222SBI Life Q2 FY2027 APESBI Life Q2 FY27 APE ≥₹4,800cr (quarter alone; APE not GWP or VoNB) — ~0.93HIT, with a basis note — locked SBI Life Q2 FY2027 APE of at least ₹4,800 crore for the quarter alone. SBI Life publishes APE year to date only: H1 ₹11,750 crore less Q1 ₹5,380 crore gives about ₹6,370 crore for Q2, 33% above the floor. No reading of the published figures produces a miss.India24 Oct 2026locked 27 Aug 2026Hit
P-232Dr Reddy's Q2 FY2027 revenue from operationsDr Reddy's Q2 FY2027 CONSOLIDATED revenue from operations ≥ Rs 7,400 crore (LEVEL locked — sources conflict on the YoY rate) — ~0.93HIT — locked Dr Reddy's Q2 FY2027 consolidated revenue from operations of at least ₹7,400 crore (a level lock, because sources conflicted on the YoY rate). Dr Reddy's reported ₹8,697.8 crore (IFRS headline ₹8,670.8 crore), above the floor on either basis.India24 Oct 2026locked 29 Aug 2026Hit
P-216IndiGo Q2 FY2027 revenueIndiGo Q2 FY27 revenue from operations ≥₹19,000cr (seasonal trough; revenue not profit) — ~0.92HIT — locked IndiGo Q2 FY2027 revenue from operations of at least ₹19,000 crore in the seasonal trough. InterGlobe Aviation reported ₹23,363.8 crore on 29 Oct 2026. A revenue lock, not a profit lock.India23 Oct 2026locked 26 Aug 2026Hit
P-304Hindustan Unilever Q2 FY2027 EBITDA marginHUL Q2 FY2027 EBITDA MARGIN >= 22.0% (guided 22.5-23.5%; revenue AND the DIRECTION of profit conflict across sources, margin does not) — ~0.92HIT — locked Hindustan Unilever's Q2 FY2027 EBITDA margin at or above 22.0%. HUL reported a consolidated EBITDA margin of 22.6% on 28 Oct 2026 (22.43% on the same basis as the Q1 22.76% the lock cited): the narrowest margin in this batch, 0.4-0.6 points clear.United KingdomIndia23 Oct 2026locked 3 Sep 2026Hit
P-329Nestlé India Q2 FY2027 REVENUENestlé India Q2 FY2027 REVENUE >= INR 5,900 crore (Q1 INR 6,378.18cr; +25.16% was the fastest in FORTY quarters — so we lock the LEVEL, not the rate; profit reported as both INR 958.68cr and INR 975cr) — ~0.92HIT — locked Nestlé India Q2 FY2027 revenue of at least ₹5,900 crore, a level lock chosen because Q1's +25% was a forty-quarter record. Nestlé India reported revenue from operations of ₹6,788.34 crore.India23 Oct 2026locked 3 Sep 2026Hit
P-305UltraTech Q2 FY2027 consolidated sales volumesUltraTech Q2 FY2027 CONSOLIDATED sales volumes >= 36.0 Mt (Q1 41.31 Mt; domestic 39.2 Mt is 2.1 Mt lower and EXCLUDED; Q2 is the monsoon quarter) — ~0.90HIT — locked UltraTech Q2 FY2027 consolidated sales volume of at least 36.0 Mt in the monsoon quarter. UltraTech reported 38.22 Mt, measured on the same basis as Q1's 41.31 Mt. Domestic grey cement alone was 35.94 Mt, just under the floor; the criterion named consolidated volume and excluded the domestic line.India22 Oct 2026locked 3 Sep 2026Hit
P-334Havells India Q2 FY2027 REVENUEHavells India Q2 FY2027 REVENUE FROM OPERATIONS >= INR 5,600 crore (Q1 INR 6,518cr but Q1 is the SUMMER COOLING PEAK — 14% buffer; PAT fell 16.64% on doubled A&P spend) — ~0.91HIT — locked Havells India Q2 FY2027 revenue from operations of at least ₹5,600 crore, buffered 14% below a summer-peak Q1. Havells reported consolidated revenue from operations of ₹6,431.99 crore (standalone ₹6,416.62 crore).India22 Oct 2026locked 3 Sep 2026Hit
P-317Axis Bank Q2 FY2027 NET INTEREST INCOMEAxis Bank Q2 FY2027 NET INTEREST INCOME >= INR 13,800 crore (Q1 NII INR 14,646cr; profit +22.5% was driven by provisions FALLING 43.7% while GNPA rose 1.23%→1.28%) — ~0.92HIT — locked Axis Bank Q2 FY2027 net interest income of at least ₹13,800 crore. Axis reported standalone NII of ₹15,371 crore, 11.4% above the floor. Locked on NII rather than profit because provisions, not the bank, were driving profit.India20 Oct 2026locked 3 Sep 2026Hit
P-325Wipro Q2 FY2027 IT SERVICES revenueWipro Q2 FY2027 IT SERVICES revenue >= US$2.50bn (guidance US$2.574-2.627bn, a ONE-QUARTER-AHEAD absolute dollar range; contrast P-319 HCLTech's full-year % guide) — ~0.93HIT — locked Wipro Q2 FY2027 IT services segment revenue of at least US$2.50bn. Wipro reported US$2,611.5m, inside its own US$2.574-2.627bn one-quarter-ahead guidance.India16 Oct 2026locked 3 Sep 2026Hit
P-221ICICI Lombard Q2 FY2027 GDPIICICI Lombard Q2 FY27 GDPI ≥₹7,500cr (premium not profit; GDPI not GPW) — ~0.93MISS — locked ICICI Lombard Q2 FY2027 GDPI of at least ₹7,500 crore (~0.93). The company reported GDPI of ₹67.92bn (₹6,792 crore) on 14 Oct 2026, up only 3.0% against 7.0% for the industry as crop and mass health contracted. It also misses on the n basis (₹72.84bn). Published as a miss.India15 Oct 2026locked 27 Aug 2026Miss
P-220Bajaj Finance Q2 FY2027 AUMBajaj Finance Q2 FY27 consolidated AUM ≥₹5.6 lakh crore (vs ₹5,46,944cr at Q1) — ~0.94HIT — locked Bajaj Finance Q2 FY2027 consolidated AUM of at least ₹5,60,000 crore. The 3 Oct 2026 business update reported about ₹5,84,750 crore (the later results deck: ₹5,84,624 crore), above the floor on either figure.India3 Oct 2026locked 27 Aug 2026Hit

August 20263 locks resolved

RAOSCAFF prediction locks resolving in August 2026
RefThe locked callResolvesStatus
P-22India Q1 FY27 GDPQ1 FY27 real GDP inside the 6.3–7.3% YoY bandMISS — locked the 6.3–7.3% band; MoSPI printed 7.8% YoY for Q1 FY27 on 31 Aug 2026 (real GDP Rs 81.36 lakh crore vs Rs 75.46 lakh crore). Above the band, so a miss under our own band rule even though the direction was right — the same failure as P-05. The band was set around the RBI's own 7% projection and the economy beat it: manufacturing 9.2%, real GVA +8.2%. We were not bearish, we were insufficiently bullish, and a band miss is a miss. We published it.India31 Aug 2026locked 21 Jun 2026Miss
P-04RBI August MPCHold 5.25% (0.91) · Neutral (0.95) · 6-0 (0.72)HIT (all three partitions) - RBI held repo 5.25%, retained the Neutral stance, unanimous 6-0.India5 Aug 2026locked 20 Jun 2026Hit
P-68Reliance Q1 FY27 revenueReliance Q1 FY27 consolidated revenue grows ≥ 5% YoYHIT - Reliance Q1 FY27 consolidated revenue +24.5% YoY, >=5%.India5 Aug 2026locked 21 Jun 2026Hit

July 20264 locks resolved

RAOSCAFF prediction locks resolving in July 2026
RefThe locked callResolvesStatus
P-93Infosys Q1 FY27Infosys keeps FY27 CC guidance floor ≥1.5% + Q1 rev ≥$4.9bn — ~0.85HIT - Infosys kept its FY27 CC growth floor at 1.5% (narrowed to 1.5-3.0%) and Q1 revenue was $5.08bn (>=$4.9bn).India23 Jul 2026locked 24 Jun 2026Hit
P-35HDFC Bank Q1 FY27 PATQ1 FY27 standalone PAT > ₹18,155cr one-off-inflated base — ~0.60HIT - HDFC Bank Q1 FY27 standalone PAT ~INR 19,060cr, >INR 18,155cr.India20 Jul 2026locked 21 Jun 2026Hit
P-03India June CPIHeadline 4.6% YoY (above ~4.5% consensus)MISS - locked 4.6% (above the ~4.5% consensus); India June CPI printed 4.38%, below both.India13 Jul 2026locked 20 Jun 2026Miss
P-43TCS Q1 FY27 USD revenueQ1 FY27 consolidated USD revenue in $7.55–7.85BHIT - TCS Q1 FY27 USD revenue ~$7.58bn, inside $7.55-7.85bn.India9 Jul 2026locked 21 Jun 2026Hit

October 20261 lock resolving

RAOSCAFF prediction locks resolving in October 2026
RefThe locked callResolvesStatus
P-298Maruti Suzuki Q2 FY2027 sales volumesMaruti Suzuki Q2 FY2027 TOTAL SALES VOLUMES >= 620,000 units (Q1 682,724; rupee revenue AND profit both conflict across sources so VOLUMES are locked) — ~0.91India30 Oct 2026locked 3 Sep 2026Locked

November 202614 locks resolving

RAOSCAFF prediction locks resolving in November 2026
RefThe locked callResolvesStatus
P-172India October 2026 GSTIndia Oct 2026 gross GST ≥₹1.90 lakh crore (gross, not net of refunds) — ~0.93India1 Nov 2026locked 13 Aug 2026Locked
P-223Muthoot Q2 FY2027 loan AUMMuthoot Q2 FY27 consolidated TOTAL loan AUM ≥₹1.95 lakh crore (not gold-only, not standalone) — ~0.94India1 Nov 2026locked 27 Aug 2026Locked
P-296Bharti Airtel Q2 FY2027 revenueBharti Airtel Q2 FY2027 CONSOLIDATED REVENUE >= Rs 55,000 crore (Q1 Rs 58,539cr; EBITDA vs EBITDAaL differ ~Rs 3,800cr so revenue is locked) — ~0.92India5 Nov 2026locked 3 Sep 2026Locked
P-310SBI Q2 FY2027 STANDALONE net profitSBI Q2 FY2027 STANDALONE net profit >= INR 19,000 crore (Q1 standalone INR 21,121cr vs CONSOLIDATED INR 24,113cr — both reported as net profit) — ~0.91India5 Nov 2026locked 3 Sep 2026Locked
P-233Max Healthcare Q2 FY2027 network gross revenueMax Healthcare Q2 FY2027 NETWORK GROSS REVENUE ≥ Rs 2,850 crore (network line, NOT the consolidated line ~Rs 600cr lower) — ~0.94India6 Nov 2026locked 29 Aug 2026Locked
P-302Titan Q2 FY2027 consolidated total incomeTitan Q2 FY2027 CONSOLIDATED TOTAL INCOME >= Rs 18,000 crore (Q1 Rs 20,753cr on Akshaya Tritiya; jewellery segment Rs 18,253cr sits beside the threshold and is EXCLUDED) — ~0.91India6 Nov 2026locked 3 Sep 2026Locked
P-327Hero MotoCorp Q2 FY2027 EBITDAHero MotoCorp Q2 FY2027 EBITDA >= INR 1,450 crore (Q1 EBITDA INR 1,727cr; profit reported BOTH down 17% and up 29%; the 14-16% margin band is MEDIUM-TERM, not FY27 guidance) — ~0.90India6 Nov 2026locked 3 Sep 2026Locked
P-335Power Grid Q2 FY2027 CONSOLIDATED net profitPower Grid Q2 FY2027 CONSOLIDATED net profit >= INR 3,200 crore (Q1 consolidated INR 3,598cr vs standalone INR 3,411cr; income ROSE while profit FELL 0.9%) — ~0.92India9 Nov 2026locked 3 Sep 2026Locked
P-318NTPC Q2 FY2027 STANDALONE PATNTPC Q2 FY2027 STANDALONE PAT >= INR 4,800 crore (Q1 standalone INR 5,342cr vs CONSOLIDATED INR 6,896cr; the 9,557 MW FY27 capacity target could not be pinned to a basis) — ~0.91India10 Nov 2026locked 3 Sep 2026Locked
P-326Tata Steel Q2 FY2027 CONSOLIDATED EBITDATata Steel Q2 FY2027 CONSOLIDATED EBITDA >= INR 6,000 crore (Q1 consolidated INR 9,370cr but India STANDALONE INR 9,409cr — standalone HIGHER; Netherlands EUR 4m on EUR 1.4bn; war cost INR 1,200cr) — ~0.90India11 Nov 2026locked 3 Sep 2026Locked
P-311Jaguar Land Rover Q2 FY2027 revenueJaguar Land Rover Q2 FY2027 revenue >= GBP 5.0bn (Q1 GBP 6.0bn, wholesales -10%, disclosed supply disruption; Tata Motors Q1 PAT reported as BOTH INR 775cr and INR 900cr) — ~0.89India12 Nov 2026locked 3 Sep 2026Locked
P-234Samvardhana Motherson Q2 FY2027 consolidated revenueSamvardhana Motherson Q2 FY2027 CONSOLIDATED revenue from operations ≥ Rs 33,000 crore (Q1 record Rs 35,243.8cr) — ~0.92India13 Nov 2026locked 29 Aug 2026Locked
P-341Apollo Hospitals Q2 FY2027 CONSOLIDATED revenueApollo Hospitals Q2 FY2027 CONSOLIDATED revenue >= INR 6,500 crore (Q1 consolidated INR 7,043cr vs Healthcare Services INR 3,567cr; PAT growth reported as BOTH +34% and +38.4%) — ~0.92India13 Nov 2026locked 4 Sep 2026Locked
P-342Novelis Q2 FY2027 ADJUSTED EBITDANovelis Q2 FY2027 ADJUSTED EBITDA >= US$400m (Q1 US$516m; parent Hindalco group EBITDA INR 14,989cr +73% on record aluminium margins was DECLINED as an LME bet; EBITDA growth reported as both +24% and +37%) — ~0.90India13 Nov 2026locked 4 Sep 2026Locked

December 20261 lock resolving

RAOSCAFF prediction locks resolving in December 2026
RefThe locked callResolvesStatus
P-102Nifty 50 year-end 2026India Nifty 50 closes 2026 ≥ 22,000 (vs ~24,022 spot) — ~0.80India31 Dec 2026locked 25 Jun 2026Locked

April 20275 locks resolving

RAOSCAFF prediction locks resolving in April 2027
RefThe locked callResolvesStatus
P-351Hindustan Zinc FY2027 MINED METAL productionHindustan Zinc FY2027 MINED METAL >= 1,100 kt (guidance 1,150 kt ±10; H1 a record 539 kt; MINED not refined; tonnes, not the zinc price) — ~0.91India5 Apr 2027locked 5 Nov 2026Locked
P-352Jubilant FoodWorks DOMINO'S INDIA store count at 31 Mar 2027Jubilant FoodWorks DOMINO'S INDIA net stores at 31 Mar 2027 >= 2,670 (2,455 at FY26 end, 2,601 at 30 Sep; needs 69 net in H2; group total excluded) — ~0.91India7 Apr 2027locked 5 Nov 2026Locked
P-337JSW Steel FY2027 CONSOLIDATED crude steel productionJSW Steel FY2027 CONSOLIDATED crude steel production >= 25.0 Mt (guidance ~28-29 Mt but Q1 annualises to 26.4 Mt — locked BELOW the run rate; correlated with P-326, disclosed) — ~0.91India8 Apr 2027locked 3 Sep 2026Locked
P-359Adani Green Energy OPERATIONAL CAPACITY at 31 Mar 2027Adani Green Energy OPERATIONAL CAPACITY at 31 Mar 2027 >= 22,000 MW (SUB-GUIDANCE FLOOR: 4.5-5 GW target conditional on a delayed transmission corridor; 20,763 MW at 30 Sep) — ~0.88India10 Apr 2027locked 5 Nov 2026Locked
P-319HCLTech FY2027 CONSTANT-CURRENCY revenue growthHCLTech FY2027 CONSTANT-CURRENCY revenue growth >= 0.5% (guidance 1-4% RETAINED; Q1 was +2.6% YoY and −0.5% QoQ in cc, +3.0% and −0.9% in USD) — ~0.91India22 Apr 2027locked 3 Sep 2026Locked

May 20271 lock resolving

RAOSCAFF prediction locks resolving in May 2027
RefThe locked callResolvesStatus
P-344Ambuja Cements capacity at end-FY2027Ambuja Cements CEMENT CAPACITY at end-FY2027 >= 115 MTPA (109 MTPA today, 119 MTPA targeted, trial production commenced; Q1 volume FELL 14% so the 8% volume guidance was declined per the P-328 reasoning) — ~0.91India3 May 2027locked 4 Sep 2026Locked

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