Dhawal Doshi 🇮🇳 ✓

[image] India’s $235 Bn Electrical Supercycle: Demand Visibility High, Execution Critical Key Insights - India’s electrical equipment opportunity = $235 bn by 2035 Driven by: => Power demand surge => Renewable expansion (solar, wind, BESS) => Grid modernization + T&D capex =>

[image] Motilal Oswal Midcap Feb'26 Portfolio Update - - Fund has exited 2 strong conviction companies - Kaynes Technology and Trent Ltd; possible reason can be due to higher valuation and Trent's growth moderation - Increased allocation in banks/fintech/AMC companies Axis Bank, IDFC

[image] Companies which can benefit from these investments in the Power Sector - 1️⃣ Generation & Utilities => NTPC – Thermal giant turning into renewable + hydrogen powerhouse => Tata Power – Integrated play across renewables, EPC, and distribution => Adani Green Energy – Scale-driven

[image] 🧵Helios Small Cap Fund — Feb'26 Portfolio Updates 5 new buys. 3 full exits. 18 allocation hikes. This fund is making bold calls on India's next cycle. Here's every move — with the WHY behind each one.

[image] Rs. 52,000 CR Defence Procurement: Major Boost for India's Defence Manufacturing Ecosystem The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, has approved Acceptance of Necessity (AoN) for procurement proposals worth Rs. 52,000 CR. The approvals

[image] Motilal Oswal Small Cap Feb'26 Portfolio Update - ➡️New Additions - 🔹Amber Enterprises: 0.09% 🔹Hexaware Technologies: 0.50% 🔹Avalon Technologies: 0.09% 🔹Netweb Technologies India: 0.34% 🔹Onesource Specialty Pharma: 0.95% 🔹Supreme Industries: 0.43% ➡️Increased Allocation -

[image] Parag Parikh Flexi Cap Mar'26 Portfolio Update - ▶️Increased Allocation - 🔸Mahanagar Gas: ↑94% 🔸Indraprastha Gas: ↑41% 🔸CMS Info System: ↑27% 🔸Infosys: ↑23% 🔸HDFC Bank: ↑17% 🔸Tata Consultancy Services: ↑16% 🔸Kotak Mahindra Bank: ↑16% ▶️Top Holdings - 🔸HDFC Bank:

[image] Massive Capacity addition in Transformer companies India's total transformer manufacturing capacity set to expand from 375 GVA (FY25) to ~690 GVA by FY28E. Combined capex by listed players: ~₹66b. Demand sufficient to absorb expanded supply without price pressure in the near

[image] India Data Centre Boom = Structural + AI-led Supercycle, not a cyclical spike Key Takeaways - 🔸Market expected to 2x to $22Bn by 2030 from $10 Bn in 2025 → implies ~12–15% CAGR 🔸Current capacity: 1.4–1.6 GW, with ~700 MW under construction → strong near-term supply

[image] Ather Energy - E2W market expanding in India - Market Share Gains India's E2W volumes crossed 1.35 million units in FY26, with penetration rising to ~4% of total two-wheeler sales. Scooters remain the dominant EV category due to urbanization, convenience and increasing consumer

[image] Motilal Oswal Flexi Cap Fund Mar'26 Portfolio Update - ➡️New Additions - 🔹Indigo: 2.27% 🔹Piramal Finance: 2.76% 🔹Shriram Finance: 3.27% 🔹Siemens Ltd: 0.31% 🔹Onesource Specialty Pharma: 0.78% ➡️Increased Holdings - 🔹Apollo Hospital: 0.49% => 3.21% 🔹Ather Energy: 0.99% =>

[image] Motilal Oswal Small Cap Mar'26 Portfolio Update - ▶️Increased Allocation - 🔸Rubicon Research: ↑235% 🔸Eclerx Services: ↑100% 🔸Hexaware Technologies: ↑20% 🔸Rainbow Children Medicare: ↑13% 🔸Gabriel India: ↑11% 🔸Aditya Vision: ↑10% ▶️Decreased Holdings/Completely Exited

[image] India’s semiconductor market is projected to move from roughly $45–50Bn to $100–110Bn by 2030, driven by electronics demand, AI, auto-electronics, data centers, defense, and supply-chain diversification. Historically, semiconductor wealth creation globally has often been

[image] Dynamic Cables – Bharat Connect Conference Takeaways Revenue Mix & Raw Material Risk => Proper B2B player with no exposure in B2C segments; core portfolio includes Low Voltage and High Voltage cables up to 66 kV => Moving towards HTLS (premium segment), Specialized cables, and

[image] Omnitech Engineering: Build-to-print specialist evolving into an integrated, high-value engineering partner for global OEMs 🔷What Omnitech Actually Does ▪️Manufactures high-precision engineered components & assemblies ▪️Works across Oil & Gas/Energy, Motion control & automation

[image] Syrma SGS - EMS, China + 1, and Electronic Manufacturing Boom Global EMS market expected to grow from USD 1.04 trillion (CY24) to USD 1.36 trillion (CY29). India's share expected to rise from 4% to 11%, the fastest-growing geography globally with 27% CAGR. India could

[image] Hitachi Energy Q4FY26 Concall Insights - Hitachi Energy India FY26: Positioned at the Heart of India's Grid & Electrification Supercycle. Management sees India entering a structural energy investment cycle driven by: => Energy Security => Renewable Integration => Data Centers

[image] Shadowfax Technologies – Q4FY26 Detailed Insights 🔶Business Model Deep Dive Shadowfax operates as a full-stack, asset-light logistics aggregator + partial asset owner, enabling e-commerce and D2C delivery. Key Segments: ▪️Express Logistics (Core revenue driver) => Forward

[image] Abakkus Flexi Cap Fund Mar'26 Portfolio Update - 🔥Increased Holdings - 🔸BEML Limited: +65.60% 🔸Leela Palace Hotels: +41.46% 🔸Tata Steel: +32.14% 🔸ICICI Bank: +26.44% 🔸Div's Laboratories: +22.73% 🔸Aether Industries: +22.71% 🔸State Bank of India: +22.22% 🔸Oracle Financial

[image] HDFC Flexi Cap Mar'26 Portfolio Update - ▶️Increased Allocations - => Metropolis Healthcare ↑300% => Aster DM Healthcare ↑203% => Max Healthcare ↑150% => Dixon Technologies ↑88% => Eternal ↑37% => Divi's Laboratories ↑32% => Indigo ↑29% => PB Fintech ↑27% => MCX India

[image] Motilal Oswal Midcap March'26 Portfolio Update - Motilal Oswal has focused on thematic bets in March by adding Premier energies and Waaree energies which are from solar/renewable ecosystem, along with that added TVS Motors for Auto premium + EV cycle - Increased solid allocation

[image] KSH International Q4FY26 Concall Updates – 🔶Structural Demand Tailwinds & Customer Behaviour Shifts Management's confidence is rooted in a multi-year transformer upcycle rather than short-term demand spikes. Key Demand Drivers - => Renewable energy integration => Grid

[image] Yatharth Hospitals - Note Focus: Key Monitorables & Triggers Q3FY26 established a strong base with: => 46% YoY revenue growth => Adjusted EBITDA margins ~29% (vs reported 23.2%) => Rapid ramp-up of new hospitals (Delhi & Faridabad) => Agra acquisition integrated from Feb’26

[image] V2 Retail Limited Q1FY27 Business Update - Revenue growth of 58% to Rs. 997 CR in Q1FY27 vs 630 CR indicating V2 Retail continues to significantly outperform the broader value retail industry despite last year's already strong growth base Same Store Sales Growth (SSSG) of 7.5%

[image] Apollo Microsystems up by 16% today 🔥 The company has received arms manufacturing license from GOI, DPIIT and Ministry of Commerce & Industry. Lifetime license removes regulatory overhang and expands TAM + value capture per order. Apollo Microsystems moves from being a

[image] ICICI Prudential AMC – Concall Analysis ICICI Prudential AMC delivered another strong operating quarter despite one of the toughest equity market environments in recent years. While industry equity AUM was hurt by mark-to-market declines, ICICI Prudential: => gained equity

[image] India - Aerospace Market Share & Order Book As per Aequs management concall, India is only 2% of the global aerospace supply chain and 5% of the global market share. Expected to reach 10% of the global market in the future. Order Book - => Motherson: $1.3 Bn => Aequs: $814 Mn

[image] Power Demand Set to Hit New Highs in FY27 India's power demand could rise 6–7% in FY27, reaching 1,810–1,830 BU, driven by El Niño-induced heatwaves and rising industrial activity. Heatwaves are becoming a structural demand driver. Higher temperatures boost cooling requirements

[image] Dynamic Cables Q4FY26 Concall Updates - Q4FY26 looked optically weak, but management's message was that the slowdown was largely self-inflicted and timing-related rather than structural. The company highlighted five key points: => Deliberately exited low-margin businesses

[image] Avalon Technologies Q4FY26 Concall Updates - Avalon delivered one of the strongest performances in the Indian EMS space during FY26, with growth significantly ahead of guidance, improving capital efficiency, expanding order visibility, and multiple new programs entering

[image] Syrma SGS Technology Q4FY26 Concall Analysis 🔷FY26 Performance vs Management's Starting-Year Targets Management began FY26 with four key targets: 🔹Revenue → Target of 30-35% → Achieved - 27% reported; ~38% ex-consumer 🔹EBITDA → Target Rs. 400+ CR → Achieved Rs. 545 CR

[image] Canara Robeco AMC – Concall Analysis Canara Robeco AMC is a pure-play asset management company whose earnings are primarily linked to Average Assets Under Management (QAAUM) rather than balance sheet lending or treasury activities. The company earns through: => Management fees

[image] Shringar House of Mangalsutra Limited - Concall Insights Shringar is India's largest organized manufacturer of mangalsutras with a B2B model supplying leading jewellery retailers such as Titan (Tanishq), Malabar Gold, Reliance, Aditya Birla (Indriya), Kalyan, Joyalukkas, PNG and

[image] V2 Retail - Annual report Management is guiding to add around 170-200 stores in FY27 which will take the total store count to 500. 30-40% stores in newer regions and remaining in core regions. Entering new states playbook to open 4-5 new stores understand the price points,

[image] HDFC AMC vs ICICI Prudential AMC – Q1FY27 Comparison Scale Advantage – ICICI Prudential is clearly larger ICICI Prudential has widened its lead in overall assets. => ICICI Prudential QAAUM: Rs. 11.17 lakh CR => HDFC AMC QAAUM: Rs. 9.35 lakh CR ICICI is also growing faster:

[image] Emmvee Photovoltaic Power Q1FY27 Concall Updates - Management emphasized that Q1 was its best operational quarter ever, driven by record module and cell production, higher cell utilization, better manufacturing efficiencies, increased captive consumption, cost optimization and

[image] Shadowfax Technologies Q1FY27 PPT Insights Financial Performance - REV 🔼64.9% - Rs. 1,358 CR & 8% on QOQ EBITDA: Rs. 92 CR vs Rs. 25 CR in Q1FY26 EBITDA margins: 6.8% vs 3.1% in Q1FY26 PAT: Rs. 65 CR vs Rs. 8 CR in Q1FY26 PAT margin: 4.8% vs 1% Segment Growth - => Expresss

[image] GNG Electronics Q1FY27 Results 🔥 REV🔼32% YOY - Rs. 412.46 CR EBITDA 🔼52.77% YOY - Rs. 49.37 CR EBITDA margins: 12% vs 10.3% YOY PAT 🔼56% YOY - Rs. 28.93 CR Solid numbers by the company. 🟥Disclaimer: This post is for informational and educational purposes only.

[image] Helios Flexi Cap Mar'26 Portfolio Update - 1⃣Increased Allocation - => V2 Retail ↑90% - Split => NTPC Ltd ↑37 => HDFC Bank ↑28% => Tata Motors ↑26% => Bharti Airtel ↑17% => Eternal ↑13% => Reliance Industries: ↑9% => Larsen & Toubro ↑8% => State Bank of India ↑7% =>

[image] Vijay Diagnostic Centre - Concall Analysis 🔷Business Model Unlike most listed diagnostic companies that derive a meaningful share of revenues from B2B (hospitals, collection partners, corporate outsourcing), Vijaya is fundamentally a consumer healthcare brand. Approximately

[image] ICICI Prudential AMC Q1FY27 Results Update - ICICI Prudential AMC continues to strengthen its leadership in active equity while simultaneously building a diversified asset management platform through alternatives, passive products, and Specialized Investment Funds (SIFs).

[image] AMFI June 2026 Data: Detailed Investor Insights June marks a strong comeback for domestic equity inflows as record SIP participation and improving investor confidence reinforce the structural strength of India's capital markets. SIP inflows hit another all-time high – India's

[image] Mutual Funds bought around 51% of the stocks which are in Nifty Smallcap 100 in June. Stocks bought- => Tata Technologies => Meesho => IDBI => Ola Electric => Pine Labs Stocks Sold - => HBL Engineering => IIFL Finance =-> NBCC => JM Financial => Force Motors Source: Motilal

[image] The companies I am tracking for study purposes - Hitachi Energy India Ather Energy Aditya Infotech Cupid R R Kabel Syrma SGS Technology TD Power Systems Shadowfax Technologies Avalon Technologies E2E Networks Bluestone Jewellery Sky Gold & Diamonds Park Medi World KRN Heat

[image] Transrail Lighting Q1FY27 Results and Concall Updates - REV ⬆️5% YOY - Rs. 1,736 CR EBITDA ⬆️1% - Rs. 203 CR EBITDA margins: 11.7% vs 12% in Q1FY26 PAT ⬆️3% - Rs. 108 CR PAT margins: 6.2% vs 6.3% in Q1FY26 Transrail Lighting achieved EBITDA margins of 11.7% in Q1, and

[image] Companies which could benefit across the Industrial gases value chain - => Linde Inda - Industrial, medical, electronic & specialty gases => Inox India - Cryogenic tanks, LNG & industrial gas storage systems => Everest Kanto Cylinder - Hydrogen, oxygen, nitrogen, helium &

[image] Home First Finance Q1FY27 Results - The company has posted inline numbers as AUM grew by 25.7% on YOY to Rs. 16,938 CR vs Rs. 13,478 CR in Q1FY26. Disbursements were up by 31% on YOY to Rs. 1,628.40 CR in Q1FY27 vs Rs. 1,243.50 CR - One of the highest quarters in terms of

[image] Park Medi World - Q1FY27 Results - REV 🔼19% YOY to Rs. 476 CR EBITDA 🔼20% YOY - Rs. 126 CR EBITDA margins: 26.5% vs 26.3% in Q1FY26 PAT 🔼35% YOY - Rs. 88 CR Total bed capacity grew by 32% on YOY to 3,960 beds from 3,000 beds in Q1FY26 Occupancy came down from 67.8% to

[image] Prime Cables Q1FY27 Business Update - Revenue grew by 169% on YOY to Rs. 93.2 CR which even exceeded the entire H1FY26 topline indicating a major acceleration in business execution and demand. Order book Rs. 210 crore as of June 30, 2026, equals roughly 2.25x Q1 revenue, giving

[image] Tips Music Ltd Q1FY27 Results and Concall Analysis – Tips Music is one of India's largest independent music IP (Intellectual Property) owners. Tips primarily own the copyrights of music and monetizes them repeatedly over several decades. The company currently owns 38,000+