Sushruta Mishra

Yale MBA, IIT KGP. What makes the world so hard to see clearly is not its strangeness but its usualness - R.M. Pirsig

[Sushruta Mishra @SushrutaM]

@VTGCapital 25% store CAGR is ~30% volume CAGR and ~35-40% sales CAGR. With share gains from ~80% unorganised market, B2B manufacturers will probably see ~50% sales CAGR - also matches the capacity addition Skygold, Utssav and Shanti Gold are doing. Avg. sector PE is only 20-25x currently.

[Sushruta Mishra @SushrutaM]

@VTGCapital Many large listed companies are slowly being disrupted or losing growth to unlisted players backed by private capital. D2C vs FMCG, Fintech / Neobanks vs Banks, AI / SaaS vs Legacy IT. When FII capital comes back it probably will go to PE and VC funds not past leaders

[Sushruta Mishra @SushrutaM]

@VTGCapital And the full IPO is OFS, this is a pure dump on retail by the financial sponsor. Kudos to the bankers who decided to IPO this 😂

[Sushruta Mishra @SushrutaM]

@VTGCapital How do you think about the P/E these jewelry manufacturers should trade at? There is a huge growth runway, organised retail sales are orders of magnitude higher than organised manufacturing, but its a B2B converter at the end of the day

[Sushruta Mishra @SushrutaM]

@VTGCapital Even the companies like Utssav and Skygold are underestimating how much of a tailwind this is. There was a question towards the end about what cheap capital can do to Utssav CZ in the recent con call

[Mostly Borrowed Ideas @borrowed_ideas]

Meta's Hyperion deal...The coming debt deluge?

$META

read the full piece here: https://t.co/bYhn2Mp2Qq

[Sushruta Mishra @SushrutaM]

@devinamehra Didn't the Mcap ranges for small cap or mid cap definition also go higher?

[Sushruta Mishra @SushrutaM]

@SureshKBN How was your experience with this wrt drawdowns, and did it increase cagr?

[Sushruta Mishra @SushrutaM]

@xvi_harley My humble suggestion - Listen to the market and don't argue with the market!

[Sushruta Mishra @SushrutaM]

@vandit_jain1994 This is easily a top-3 investing book in my opinion and may be my fav! Have read it may be 5 times over the years..

[Sushruta Mishra @SushrutaM]

@Alchemist1320 Have seen this twice atleast - First there are fights and then social media groups so silent in bear markets..

[Sushruta Mishra @SushrutaM]

@Investindia6 Accounting is accrual based. If executed it should be in the I/S.

[Sushruta Mishra @SushrutaM]

@sahilbhadviya Any collusion between the sell side research and Investment arm is actually not allowed as per law. 😂

[Sushruta Mishra @SushrutaM]

@xvi_harley @investor_sr33 Agree! Expecting ~200Cr sales and 30-35Cr PAT this year based on the ongoing work and the recent 60cr order.

Stock is quite cheap at 16-18x Fwd PE.

[Sushruta Mishra @SushrutaM]

@inv_vin8 Sure!

[Sushruta Mishra @SushrutaM]

@inv_vin8 Also depends on project scope - Turnkey projects are around 3-4cr per MW.

[Sushruta Mishra @SushrutaM]

@inv_vin8 Waaree Energies provides the modules for RTL, from what I understand.

[Sushruta Mishra @SushrutaM]

@xvi_harley @Fin_Wizz Check promoter track record with his previous workplace as well.

[Dr. Chandrashekhar Karpoor @sainaman2]

Renewable sector
Decadal story..
Massive wealth creation awaited for investors
Buy Right & Sit tight 👇👇