u/Time-Alternative-964

https://x.com/MashraniVivek/status/2058148436566815096?s=20

Parag Parikh highlights an important truth about investing.

Buying today and selling tomorrow isn’t investing, it’s reacting to noise.

Real wealth in the stock market is created by staying invested, trusting good businesses, and letting compounding do its job, not by chasing quick gains.

Share this with someone who needs this reminder today.

Credits- Clip taken from

PPFAS

YouTube channel

Concall Highlights - Quality Power Electrical Equipments Ltd | Q4FY26

- Order visibility is the biggest positive → Group order book stands above ₹1,400 Cr (~1.4x FY26 revenue), with ₹600 Cr+ fresh orders added in Q4 alone.

- Demand is broad-based across HVDC reactors, FACTS/STATCOM, renewables, data centers, BESS, GIS and instrument transformers. Management’s key message: order inflow is not the constraint now execution capacity and supply chain are.

- Company is building a technology + scale moat beyond traditional high-voltage equipment. In-house PCS for grid-scale BESS, 1,725 kW PCS inverter, GIS product line, 765kV product development at Mehru and HVDC/CTC magnet wire facility indicate a shift from equipment supplier to energy-transition technology platform.

- BESS alone has a current order book of ~$31 Mn, with management targeting $60–80 Mn orders this year and calling it a “billion-dollar opportunity” over time.

Disc: Not a Buy/Sell Recommendations.

https://x.com/stockscansin/status/2057361570343334096?s=20

Takeaways from Letter to Shareholders -

1. Occupancy improved to 86.9% in Q4 FY26, up 299 bps QoQ from 83.9% in Q3 FY26 and 1,010 bps YoY from 76.8% in Q4 FY25.

2. The mature portfolio of 110.9k desks ran at 88.9% occupancy, up 617 bps YoY to an all-time high. The growth portfolio of 16.0k desks reached 72.9%.

3. Free cash flow from operations rose to ₹233.7 Cr in Q4 FY26, up 14.6% QoQ from ₹203.8 Cr in Q3 FY26 and 56.6% YoY from ₹149.2 Cr in Q4 FY25, converting at 1.4× EBITDA in the quarter.

4. AI removes work from offices, and offices shrink as a result. It is the same prediction people have made about every prior technology wave: mechanisation in the 1700s, mass production in the 1800s, computing in the 1960s, cloud and mobile in the 2000s. Each cycle carried the same dominant fear that the new technology would permanently destroy livelihoods. The historical record, for India's offices and its workforce alike, is the right place to test whether that fear has ever been justified.

5. AI job postings are up 6x since 2019, the total AI workforce has crossed 700,000, and India now ranks second globally in AI talent concentration growth. The capital has followed: global AI investment crossed $582 Bn in 2025, and the investors backing India’s AI-native startups, names like Neysa, Qure. ai and Sarvam, are the same firms with OpenAI, Databricks and Grab in their portfolios.

6. GCCs are the only segment where ~79% of enterprises have moved past experimentation, into Scaling or AI Native. They are also the customer cohort most closely tied to India's structural position in the global economy. ~60% of Fortune 500 companies now run a GCC in India, and the country hosts ~55% of all GCCs worldwide, a share Redseer expects to hold through CY2030.

7. On the operator side, premiumisation does the quiet work. Senior teams, richer specifications and larger collaboration footprints lift pricing 3 to 7 points above base inflation every year, and that spread is wide enough that revenue per seat keeps growing even in a downside seat scenario.

Disc: Not a Buy/Sell Recommendations.

https://x.com/stockscansin/status/2057449832961241571?s=20

Gold loans growing at 50%+ YoY while credit card growth has almost stalled.
Unsecured stress looks elevated. Few years back people borrowed against future salary/income growth but now many are borrowing to maintain liquidity.
KEY Question is: when collateralised survival borrowing becomes the fastest growing credit segment, what exactly are we celebrating as economic prosperity?
https://x.com/WealthEnrich/status/2057294107513647504?s=20

https://x.com/EquityInsightss/status/2056984353947922823?s=20

BSE: ₹4,206.10
Polycab India: ₹9,203.50
HDFC AMC: ₹4,269.20
GE Vernova T&D: ₹4,380.00
Lloyds Metals: ₹1,682.10
Garden Reach Ship: ₹2,667.35
Force Motors: ₹19,265.00
Acutaas Chemical: ₹2,880.00
Data Patterns: ₹3,687.70
TD Power Systems: ₹1,235.00
Shriram Pistons: ₹3,318.35
Sandur Manganese: ₹228.50
Nazara Technologies: ₹295.70
TRIL: ₹299.65
Pearl Global Ind: ₹1,605.80
CARE Ratings: ₹1,761.20
Raghav Productivity: ₹907.25
SEAMEC: ₹1,569.25
Ceinsys Tech: ₹917.95
Silver Touch: ₹145.85
Dynamic Cables: ₹295.70
South West Pinnacle: ₹251.10

https://x.com/WealthEnrich/status/2056657132670562531?s=20

https://x.com/business_today/status/2056333338462585244?s=20

https://x.com/EquityInsightss/status/2056395078973915158?s=20

Crude has shot past $110,

India’s annual oil import bill has crossed ₹12 lakh crore &

FIIs have dumped ₹8.8 lakh Cr of stocks in the last 2 yrs.

On top of this our 🇮🇳 Rupee has crashed from ₹82.5 to ₹95+

But, investors are still chasing #Nifty levels while the actual money flow is getting tighter & tougher!

Recent govt actions also start making more sense once this macro picture is understood & digested. Most people are looking at these decisions separately without connecting the dots. Let's dig into them :

1. Sugar exports restricted to protect domestic food inflation when weather risks are high.

2. Silver imports halted because unnecessary dollar outflows become hard to defend at elevated crude prices.

3. Fresh proposals to tax foreign travel to cut every possible dollar leakage.

The govt is trying to defend the rupee & reserves. Once that starts happening, liquidity across the system tightens faster than people expect.

The impact is now visible in multiple areas:

- Exporters face delayed payments + slower global demand.

- Jewellers hold high value inventory with import restrictions + higher duties killing flexibility.

- Real estate activity is slowing because home loan rates near 9% to 9.5% are hurting new buyers.

Many pockets of the stock market are already weakening despite stable index levels. Select mid & smallcaps + leveraged momentum trades have corrected sharply from peaks. Traders dependent on margin funding face pressure because borrowing costs remain high while volatility has increased.

This is how liquidity stress or misflow usually trickles through an economy:

1. Exporter receives payment late.

2. Supplier payments get delayed.

3. Suppliers slow down wage payouts and inventory purchases.

4. Working capital cycles weaken across the chain.

5. Businesses sell liquid assets to raise cash.

6. Banks turn cautious to avoid future NPAs.

7. Credit tightens further & risk appetite drops.

And yes, this is when markets suddenly start feeling much weaker than what the major indices & economic numbers initially suggest.

In the next few months expect bigger swings in the market. Some smallcaps may continue seeing sharp corrections wherever valuations had disconnected from actual business growth. High risk areas & leveraged trades can remain under pressure. We are now very clear that Interest rates are unlikely to fall aggressively because RBI still has to defend currency stability.

Many investors make the mistake of becoming way too bearish on India, which is also wrong in many ways. India today is not the fragile economy it was during 2008 or even 2013.

Forex reserves remain above $650 billion, banking system balance sheets are far cleaner & stronger than ever. Corporate profit to GDP has improved & monthly SIP inflows still remain above ₹25,000 cr despite volatility. At the same time massive spending continues across railways, roads, defence, power & renewable energy.

Another major difference today is the role of domestic capital. 10 yrs ago FII selling of this magnitude could have created panic across the financial system. Today domestic MF's, SIP investors, insurance flows & retirement money are acting as strong local support.

But the markets can still correct further. Liquidity stress & economic collapse are not the same thing. Markets often confuse the 2 during panic phases. India is trying to protect long term stability while crude prices, currency pressure and foreign capital flows are all turning difficult together. Such a tricky combination is never easy for any emerging market, but historically this is also usually when the best long term opportunities begin.

👉 The next 6-9 months may test patience, but the next 10 years may still reward conviction!

The 🗝 question is:

During periods like this, do investors focus only on short term panic ?

Or do they recognise that some of the biggest wealth creation phases in India have started when liquidity looked the weakest & nobody wanted to buy ?

https://x.com/WealthEnrich/status/2056566854412640729?s=20

Yes, 🇮🇳 needs FII's, we know that big capital helps markets scale faster.

But if FIIs pay zero tax because “global money can leave anytime”, then maybe Indian investors should also get lower taxes for staying invested through every crash, panic & election 😄, India needs FIIs. Big capital helps markets scale faster.

But if FII's pay zero tax because “global money can leave anytime”, then maybe Indian investors should also get lower taxes for staying invested through every crash, panic & election 😄

You can welcome global capital without treating local investors as second class participants.

📹 courtesy

bsindia

Iamsamirarora

https://x.com/WealthEnrich/status/2056130131249561783?s=20

Muthoot Finance has been one of the biggest beneficiaries of the rising gold cycle

Management has always guided conservatively. Management generally guides for 15% loan growth, but historically, delivery has been much better than guidance.

But the key insight from the AUM vs tonnage trend is very important

In FY26 -
Gold Loan AUM grew 50%
Gold tonnage declined 6%
This means the growth was purely value led

This is why Muthoot’s growth looks very strong during a rising gold price environment

Valuation perspective : Currently, it is around 3.4x P/B

Broadly - Around 2x P/B, the stock has usually bottomed out

4.5-5x P/B, the stock generally enters peak valuation territory

So valuation is not cheap, but it is also not yet in the extreme zone

The risk is that if gold prices stabilise or correct, AUM growth can normalise because FY26 had a high gold price tailwind

Muthoot’s valuation cycle has historically been linked with gold prices

Management keeps guiding conservatively at around 15% growth, but the company has delivered far better whenever the gold cycle is favourable.

https://x.com/EquityInsightss/status/2055905568347541536?s=20

EPACK Prefab - Good #Q4FY26

Delivered as per the guidance

Q4FY26
REV 42% - 471 Cr
EBITDA 31% - 46 Cr
PAT 52% - 30 Cr

FY26
REV 35% - 1,525 Cr
EBITDA 36% - 160 Cr
PAT 56% - 93 Cr
Solid CFO - 136 Cr

Net cash - 201 Cr
Net working capital cycle improved to 32 days, better by 4 days YoY

Prefab business grew around 45% YoY in FY26
Pending Order book - 1,113 Cr

PEB capacity increased to 147,122 MTPA
Capacity expansion at Mambattu, Ghiloth & Gujarat

Overall good set, TTM P/E : 22x.

https://x.com/EquityInsightss/status/2055891043267264746?s=20

Shadowfax CEO Abhishek Bansal: Targeting 28–30% Revenue Growth in FY27; Dark Store Count to Scale 6.7x from 15 to 100 as Quick Commerce Becomes Core Bet

FY26 Financial Performance

FY26 Revenue: ₹4,201.7 crore — nearly doubled YoY from ₹2,154.5 crore

FY26 Net Profit: ₹118.8 crore — turned profitable

Q4FY26 Revenue: ₹1,262.8 crore — up 73.6% YoY

Q4FY26 Net Profit: ₹56.4 crore vs loss of ₹9.2 crore a year earlier

Q4FY26 Expenses: ₹1,223 crore

Revenue growth driven by: 66% increase in order volumes + market share gains in express delivery

FY27 Growth Targets

Revenue growth guidance: 28–30%

3PL industry expected to grow: 15–18% — Shadowfax targeting nearly 2x industry growth rate

Profitability improvement: 100–120 bps over FY26 levels

Dark Store — The Big Bet

Current dark stores: 15

FY27 target: 100 dark stores — 6.7x scale-up in one year

Focus: "verticalised quick commerce" — hyperlocal delivery platforms for grocery, apparel, pet care, industrial supplies

Verticalised quick commerce expected to take 15–20% of the quick commerce market

Geographic Expansion — Pin Code Coverage

Currently covers: all 19,000 pin codes across India

FY27 target: expand to 10,000 pin codes (this fiscal)

Full coverage target: 19,000 pin codes over next 2–3 years

FY26 Capex — ₹185 Crore Deployment

Network expansion and automation: 69%

Geographic expansion: 14%

Technology investments: 12%

FY27 capex intensity: moderating to 2.5–3.5% of revenue

Technology budget share rising to 19% — automation and operational systems focus

Strategic Positioning

Firmly India-focused — no overseas expansion near term

"We understand India, we have built our technology for India"

"I don't think anywhere else in the world the potential to increase digital penetration is as high as India"

Core Theme

Shadowfax has cracked the profitability code in 3PL logistics — nearly doubling revenue to ₹4,200 crore while turning profitable — and is now making a concentrated bet on quick commerce dark stores, scaling 6.7x from 15 to 100 in a single year; with verticalised q-commerce expected to capture 15–20% of the market and Shadowfax already serving Amazon Now, Blinkit and others as a third-party logistics backbone, the company is positioning itself as the infrastructure layer of India's quick commerce boom rather than competing with the platforms it serves.

https://x.com/gaze_observer/status/2056005517479391493?s=20

Delhivery Q4FY26: Operating Revenue Up 30% YoY to ₹2,849 Crore; Net Profit Flat at ₹72 Crore as Ecom Express Integration Costs & Iran War Inflation Weigh

Q4FY26 Financial Performance

Operating revenue: ₹2,849 crore — up 30% YoY

Net profit: ₹72 crore — essentially flat YoY despite revenue growth

Drag: 27% increase in total expenses due to Ecom Express integration costs

Express parcel vertical: 306 million shipments — up 72% in volume in March quarter

Express parcel: company's largest vertical — primary revenue driver

Why Net Profit Stayed Flat

Ecom Express integration costs weighing heavily on quarterly P&L

Iran war-driven inflation in input energy costs

Labour supply tightened due to state elections

Labour costs inflating due to minimum wage changes and regulation

Operating environment in Q4 and going into Q1: "remained volatile and inflationary"

Medium-Term Confidence

Sustained 15–20% annual growth trajectory guided for medium term

Confident as long as maintaining "unique combination of network speed, service quality and cost leadership"

Quarterly volumes may vary short-term — medium-term trajectory intact

Leadership Elevation — Six Senior Executives to C-Suite

Vikas Kapoor: Chief Strategy Officer

Varun Bakshi: Chief Sales Officer

Sunny Raja: Chief Procurement Officer

Arun Bagavathi: COO-Network Operations

Prashant Gazipur: COO-City Operations

Nikhil Ummat: COO-Engineering and Automation

Rationale: "Exceptional depth and quality of leadership built within Delhivery over many years" — scaling org to serve larger customer base with greater complexity

Core Theme

Delhivery's Q4 tells a classic scale-up story — 30% revenue growth and 72% volume surge in express parcels demonstrate genuine business momentum, but Ecom Express integration costs and Iran war-driven cost inflation are suppressing the profit line in the near term; the six C-suite elevations signal the company is building the management depth needed for the next phase of growth, and the 15–20% medium-term trajectory guidance reflects confidence that once integration costs normalise, the operating leverage from 306 million quarterly shipments will start flowing to the bottom line.

https://x.com/gaze_observer/status/2056006056036458647?s=20

TCS CEO K Krithivasan: Aims to Become World's Largest AI-Led Technology Services Company; 130 of Top 139 Clients Choose TCS as AI Services Partner; CEO Takes Home ₹28 Crore in FY26

The Ambition — Declared at Inflection Point
TCS sets out to become the world's largest AI-led technology services company

Strategy: become a "full-stack AI services player from infrastructure to intelligence"

FY26 marked as "inflection point" for enterprise AI — customers decisively moved from experimental pilots to scaled deployments

130 of top 139 clients (generating $50 million+ annually) have chosen TCS as their AI services partner

AI Workforce — Scale-Up Complete
270,000+ employees now possess advanced AI skills

3x increase in AI-skilled workforce from previous year

Massive upskilling effort to support the technological shift

Build-Partner-Acquire Strategy
Recent acquisitions: ListEngage and Coastal Cloud — positions TCS among top five global Salesforce consultants

Launch of HyperVault: TCS AI infrastructure business in partnership with TPG

Initial plan: build 1 GW data centre capacity in India to meet surging demand for AI compute

Nation-Scale Projects — India
Scaled GeM (Government e-Marketplace) to world's largest government e-commerce marketplace — procurement exceeding ₹5 lakh crore

Upgraded State Bank of India's YONO 2.0 to serve 200 million users in 10 languages

Modernised ePassports — over 10 million issued

Built RBI's new data management system — designed to handle 250 TB for sharper economic analysis

CEO Compensation — FY26
K Krithivasan total remuneration: ₹28 crore — up 6.3% YoY

Breakdown: basic salary ₹1.67 crore + benefits, perquisites, allowances ₹1.43 crore + performance-linked commission ₹25 crore

CEO remuneration = 332.8 times median TCS employee remuneration

Chairman N Chandrasekaran: abstained from receiving commission — drew only ₹4.2 crore in sitting fees for full year

Core Theme
TCS is staking its next decade on a single bold claim — becoming the world's largest AI-led technology services company; with 130 of its top 139 clients already on board as AI partners, 270,000 AI-skilled employees, HyperVault infrastructure, and 1 GW data centre plans, the strategy is to own the entire AI services stack from compute to consulting; the inflection from pilots to scaled deployments that Krithivasan flags is exactly the demand signal TCS has been building toward — making FY26 less a performance year and more a launch pad for the AI services era.

https://x.com/gaze_observer/status/2056007001671622937?s=20