Please note that the research notes are from the time of inception in the portfolio
For the latest updates on the business, please go through the Quarterly Dashboard
AXISCADES Technologies Ltd
AXISCADES Engineering Technologies Limited is one of India’s leading engineering solutions providers, catering to the futuristic needs of the Aerospace, Heavy Engineering, Automotive and Industrial Production sectors. AXISCADES Technologies Limited has been formed through the convergence of two entities – Axis-IT&T (Engineering services for Heavy Engineering and Industrial Products) and CADES (Engineering services for Aerospace…
Go Digit General Insurance
Incorporated in 2016, Go Digit General Insurance is an emerging powerhouse offering motor, health and other types of asset & liability insurance. Having started with the motor insurance vertical, Go Digit is now expanding across multiple lines and becoming a full stack general insurer. For FY24, the gross written premium was 9,016 Cr which grew…
Ahluwalia Contracts
Ahluwalia Contracts is one of the oldest Construction companies in India, founded by Late Sh. Karam Chand Ahluwalia, father of Mr. Bikramjit Ahluwalia in 1965. Ahluwalia Contracts Ltd incorporated on June 2, 1979 and is currently promoted by Bikramjit Ahluwalia, CMD, a civil engineer by profession with over five decades of experience in the construction…
Interarch Building (Research Notes)
A detailed business research note is already available as part of the microcap stocks series Interarch Building Products Ltd is one of the limited capex linked stories that can offer 25%+ ROCE across market cycles at minimal balance sheet risk. As of September 2024, the balance sheet had a balance sheet size of ~1,100 Cr…
Samhi Hotels (Research Note)
We already have a detailed business research note on Samhi Hotels printed as part of the microcap stocks series – In this note, we will focus on the most important aspects of real time decision making – Why invest now? To recall the most important aspects of this business, the following need to fall into…
Capacite Infraprojects (Research Note)
A detailed note on the business is already available as part of the Microcap stocks series In this brief note, we will reiterate our assessment of the business and circle back to the investment thesis, latest quarterly results, risks to note & the valuation Latest Quarterly Results Capacite Infraprojects in the Q3 and Q4 FY24…
Syrma SGS
Syrma SGS is a technology focused engineering & design company engaged in turnkey electronic manufacturing services (EMS). It is a prominent EMS player that is well placed to benefit from India’s push on becoming a manufacturing hub for electronics and reducing dependence on imports in the process. Syrma has more than 4 decades of experience…
Shaily Engineering (Research Note)
A detailed note on covering various aspects of the business and the journey is already available under the Microcap stocks series. Please go through for an overview of the business In this brief note we will cover the investment thesis, risks, projections & our view on valuation. Investment Thesis Risks Projections & Valuation The business…
Blue Jet Healthcare Ltd
Blue Jet healthcare Ltd is a niche healthcare chemicals & intermediates play with presence across the contrast media, sweeteners & emerging pharma intermediates. The business should be seen as a niche play with well defined strengths and entry barriers present in each one of their business verticals, this is not a commodity or generic API/intermediate…
Paramount Communications – Research note
A budding turnaround story in a hot sector We have recently printed a detailed business research note on this in our microcap stocks series. Please go through for an overview of the business, history and the changes underway currently In this note, we will be covering the finer aspects of why this can be a…