The Contrarian Trader 🇮🇳

Bringing some much needed common sense and a contrarian view to the Indian Stock Exchange. Proud 🇮🇳

[The Contrarian Trader 🇮🇳 @MarketMahaGuru]

📚 It's always a good idea to go back to basics. Here's a little thread on how to Value a Company in the Stock Market 📊

[The Contrarian Trader 🇮🇳 @MarketMahaGuru]

10/10
Bottom line 🧨
Slowing core volumes, rising variable costs, margins propped up by cost cuts, weak cash conversion. If you’re bullish after this, you didn’t read it — you just believed it. Not investment advice.

[The Contrarian Trader 🇮🇳 @MarketMahaGuru]

1/10 ���
Hey you #Affle fanboys 🚨 maybe stop retweeting the headline slide and actually read the deck. +19% revenue doesn’t mean what you think it means.

[The Cloaked Gaze 👀 @gaze_observer]

Affle 3i Ltd Q3 FY26 Results:-
#affle

Revenue 717.47 Cr vs 601.67 Cr
(+19.25% YoY┃+10.94% QoQ)

PAT 119.32 Cr vs 100.22 Cr
(+19.06% YoY┃+7.97% QoQ)

Other Income 17.53 Cr vs 20.91 Cr YoY & 22.27 Cr QoQ

[The Contrarian Trader 🇮🇳 @MarketMahaGuru]

9/10
Cash reality check: 9M PAT > operating cash flow (OCF/PAT ~0.76). Receivables blended with “contract assets,” FX effects mixed into OCF. Transparency level: mid 🫥

[The Contrarian Trader 🇮🇳 @MarketMahaGuru]

@nid_rockz Affle has only grown via acquisitions. Their India business has been stagnant for years. They have done a lot of creative accounting to keep growth consistent. That will end. They have a horrible reputation in their industry. Nobody likes them. Look closer. You'll see.

[The Contrarian Trader 🇮🇳 @MarketMahaGuru]

@Prefmarkits No. You are not paying attention.

[The Contrarian Trader 🇮🇳 @MarketMahaGuru]

9/9 🚨 In summary: Q1 FY2025 vs Q1 FY2024
✅ Revenue up
�� Magic accounting down
❌ Standalone weak
❌ No new acquisitions
❌ Costs rising
❌ EPS meh
They’re running out of excuses—and out of tricks.
This isn’t growth. This is drag with makeup. 💄📉
🧵/End

[The Contrarian Trader 🇮🇳 @MarketMahaGuru]

🧵 Affle dropped its Q1 FY2025 results. We compared them to Q1 FY2024—and what we found isn’t exactly bullish. Let’s break down the hype. 🔍

[The Contrarian Trader 🇮🇳 @MarketMahaGuru]

8/9 ⚖️ Let’s talk about the board.
One guy teaches international law. Another sniffs out tax fraud.
Adtech company? Sure.
Feels more like a legal defense firm with an adnetwork backend. 👨‍⚖️🔎