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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.

Showing 48 of 345 ·India ×Clear all

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 202612 locks resolving

RAOSCAFF prediction locks resolving in October 2026
RefThe locked callResolvesStatus
P-220Bajaj Finance Q2 FY2027 AUMBajaj Finance Q2 FY27 consolidated AUM ≥₹5.6 lakh crore (vs ₹5,46,944cr at Q1) — ~0.94India3 Oct 2026locked 27 Aug 2026Locked
P-221ICICI Lombard Q2 FY2027 GDPIICICI Lombard Q2 FY27 GDPI ≥₹7,500cr (premium not profit; GDPI not GPW) — ~0.93India15 Oct 2026locked 27 Aug 2026Locked
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) — ~0.93India16 Oct 2026locked 3 Sep 2026Locked
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%) — ~0.92India20 Oct 2026locked 3 Sep 2026Locked
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) — ~0.90India22 Oct 2026locked 3 Sep 2026Locked
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) — ~0.91India22 Oct 2026locked 3 Sep 2026Locked
P-216IndiGo Q2 FY2027 revenueIndiGo Q2 FY27 revenue from operations ≥₹19,000cr (seasonal trough; revenue not profit) — ~0.92India23 Oct 2026locked 26 Aug 2026Locked
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) — ~0.92United KingdomIndia23 Oct 2026locked 3 Sep 2026Locked
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) — ~0.92India23 Oct 2026locked 3 Sep 2026Locked
P-222SBI Life Q2 FY2027 APESBI Life Q2 FY27 APE ≥₹4,800cr (quarter alone; APE not GWP or VoNB) — ~0.93India24 Oct 2026locked 27 Aug 2026Locked
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) — ~0.93India24 Oct 2026locked 29 Aug 2026Locked
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 20272 locks resolving

RAOSCAFF prediction locks resolving in April 2027
RefThe locked callResolvesStatus
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-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 20274 locks 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
P-336Marico FY2027 CONSOLIDATED REVENUEMarico FY2027 CONSOLIDATED REVENUE >= INR 14,000 crore (stated goal to cross INR 15,000cr; Q1 INR 3,957cr; domestic volume +11% was a 20-quarter high so we lock the LEVEL) — ~0.92India4 May 2027locked 3 Sep 2026Locked
P-312Adani Ports FY2027 EBITDAAdani Ports FY2027 CONSOLIDATED EBITDA >= INR 23,000 crore (guidance INR 25,000-26,000cr maintained with H1 reassessment flagged; Q1 +19% but domestic volume +2%) — ~0.91India5 May 2027locked 3 Sep 2026Locked
P-333Trent total store count at 31 Mar 2027Trent NET total store count at 31 Mar 2027 >= 1,350 (1,312 at 30 Jun 2026; +20 net in Q1 while DMart added 3; profit growth reported as 22%, 23.5% AND 26%) — ~0.91India6 May 2027locked 3 Sep 2026Locked

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