Rahul Vakil

[My Value Picks @myvaluepicks]

S. Naren: Large private banks are now cheap. Think they are set for a good period.

[Dr.Sayajirao Gaikwad @DietDrsayajirao]

One of the most underrated gourds: Spiny gourd (Kantola).
We don’t need exotic superfoods. Sometimes the healthiest foods are the traditional vegetables we’ve forgotten. ₹240/- kg in my area.

[Arvind Bellad @BelladArvind]

What is happening in the name of SIR across Bengaluru, Hubballi, and many parts of Karnataka is a complete mockery of the electoral process. Instead of mandatory door to door verification by BLOs, people are being herded together like a public gathering and voter verification is being reduced to a farce. This is not SIR. This is an organised subversion of the very purpose for which SIR exists.

The @INCKarnataka government appears more interested in protecting its vote bank than protecting the sanctity of electoral rolls. When individual verification is abandoned and mass exercises are encouraged, suspicions of facilitating illegal or dubious entries become inevitable. Democracy cannot function on political convenience, selective scrutiny, and appeasement.

The Election Commission must act without delay, cancel every such compromised SIR exercise conducted across Karnataka, and order a fresh, transparent, and strictly rule based verification process. The people of Karnataka deserve clean voter rolls, not an electoral circus orchestrated for partisan gains.

[Kiran Mazumdar-Shaw @kiranshaw]

Shameless behaviour! No civic sense

[Mir Yar Baloch @miryar_baloch]

Pakistan army has no other option but to surrender.

THE REPUBLIC OF BALOCHISTAN ASKED PAKISTAN TO LAY DOWN WEAPONS AND VACATE BALOCH SOIL
4th July, 2026
@BaluchWarna @hyrbyair_marri @republic @indiatvnews @indiatv @IndiaTVHindi @TimesNow @TNNavbharat @ABPNews @abplive @bbcworldservice @nytimes @business @BloombergTV @FoxNews @CNNnews18 @cnni @CNN

[Vineeta Singh 🇮🇳 @biharigurl]

Indian rowers won its first ever Gold Medal at Rowing world Cup and no one is talking about it 😳

Winning a gold medal on the world stage is never easy. Their victory at the World Rowing Cup is not just a medal winning moment, it's a reminder of what consistent hard work and perseverance can achieve.

[Rahul Vakil @VakilRahul]

@kiranshaw Always inspiring👌

[Raghu @IndiaTales7]

Heartbreaking yet inspiring...

The majestic Adinatha Temple in Malda, WB — once echoing with prayers to Shiva & Vishnu — was razed and turned into Adina Masjid.

Sikandar Shah built the mosque over our sacred ruins in the 14th century, but the stones still remember their origin.

We will not forget.
We will Reclaim. We will Rebuild!

[Normal Guy @Normal_2610]

ITC Launched a premium sugar-free Coconut Cola to compete with Coca-Cola and PepsiCo, targeting the health-conscious segment 😎

FMCG portfolio (ex-cigarettes) achieved consumer spending of Rs 37,000 crore 🤔

[Manjeet Negi @manjeetnegilive]

The spirit of Sanatan Dharma is finding new roots in Japan. 🇮🇳🇯🇵

[The Analyzer (News Updates🗞️) @Indian_Analyzer]

One pattern in PM Modi’s visits rarely gets discussed.

At the Ram Mandir site, he spent time with wage labourers.

At the Sanand semiconductor plant, he did the same with engineers, & technicians.

A young woman who became the first from her village to get such a job.

Different professions. Same respect.

Many leaders inaugurate projects. Modi often tries to connect with the PEOPLE building them.

Perhaps that’s one reason his politics has retained an emotional connect well beyond ribbon-cutting ceremonies.

[RedboxGlobal India @REDBOXINDIA]

Devotee Contributions to Badrinath & Kedarnath Exceed Budgets of Several State Departments

[Muthukumar Subbaiah @smkumarlakshmi]

Truth 👇

[RedboxGlobal India @REDBOXINDIA]

PM MODI CREDITS 140 CRORE INDIANS FOR STANDING FIRM WHILE INDIA QUIETLY SOURCED OIL FROM 40 COUNTRIES DURING THE MIDDLE EAST WAR

[Flt Lt Anoop Verma (Retd.) 🇮🇳 @FltLtAnoopVerma]

All these 30 men should be shot dead in front of public

Let there be terror in the eyes of any potential rapists in the society

[Normal Guy @Normal_2610]

India always disappoints you and surprises you at the same time, Even the Middle East Crisis + Ethanol wildcard is now helping this sector

Electric scooter demand in India is now 240,000 to 250,000 units a month, that many people want to buy one every single month. But factories can only make about 180,000. That is a gap of 60,000 to 70,000 scooters every month going unmet.

Waiting lists have stretched to 45 to 60 days across brands. Ather Hosur plant is running above 90% capacity and had to start limiting which cities get stock. This is the first time in Indian EV history that the bottleneck shifted from demand to supply

Running an electric scooter in India costs roughly 20 to 30 paise per kilometer. That means about ₹9 for a 30 km daily ride. Petrol scooter doing the same ride costs around ₹75.

Monthly saving works out to roughly ₹2,000. With petrol stuck near ₹100 a liter and West Asia tensions keeping fuel prices high, that cost gap became impossible to ignore.

E2W penetration, the share of electric in total two wheeler sales, crossed 10% in June 2026. Eighteen months ago it was under 6%

Indian e2W makers are adding over 3 million units of annual factory capacity. Ather is building a new plant in Maharashtra because its Hosur factory is running at over 90%

Bajaj pushed Akurdi to 50,000 units a month and is looking for a second site. VinFast from Vietnam is planning a 1 million unit annual scooter line in Tamil Nadu. Delhi just said it will stop registering petrol two wheelers from April 2028.

Every new factory going up is a bet that this demand shift does not reverse.

Just think about the FY27-Q1 Result, If yu haven't choose right player while yu will get surprise by the result then :)

[Kiran Mazumdar-Shaw @kiranshaw]

Wishing all Americans a very proud 250th anniversary of Independence Day - 4th of July. May US continue to build an exciting future for the world.

[Kiran Mazumdar-Shaw @kiranshaw]

Truly game changing ! 👏👏👏👏

[Major Pawan Kumar, Shaurya Chakra (Retd) 🇮🇳 @major_pawan]

Can we the citizens of India request the @PoliceRajasthan to kill all the people involved in raping the 13 year old girl in Ganganagar

Kill all 30 of them in front of the public , their souls should shiver

Demolition of hotels is not enough

If Rajasthan police is not capable of doing so please let the public know, let the public handle them

Where is judiciary?
Where is law ?
Where is the government?
Where is the governor?
Where is Supreme Court?
Where is president ?

The curse of that little girl will hound you and your generations if you don’t act now

Hello people from BJP , if you guys don’t speak today for this, next can be your daughter….

Hello CS @svoruganti1466 sir
What if it was your daughter?

I urge all citizens of India and especially influential people here on twitter to help the little girl get the justice

@KumariDiya ma’am atleast you can speak for the girl 😡 Your house has been known for the protection of girls

#BetiBachao
#killTheGanganagarGangrapists

@RajCMO @RajPoliceHelp @RajGovOfficial @zeerajasthan_ @rpbreakingnews @PMOIndia @rashtrapatibhvn @arvindchotia @thebharatpur @BhajanlalBjp @triptidaudsar @BJP4Rajasthan

[Intrinsic Compounding @soicfinance]

Why you should take notice when a management starts talking about Value Added Products?

1. Suppose you run a Dosa Tiffin shop and sell plain Dosa for Rs 50. You are doing well and make a name for yourself. Customers start demanding Masala Dosa, Podi Ghee Dosa & Rava dosa from you. You include them in your Menu at a price point that is double of a Plain Masala Dosa. This leads to better realisations and higher margins for you.

In a nutshell you have released a value added product for your Tiffin shop :)

2. Just think of a manufacturing business which has different customers and they are expert at manufacturing Stainless Steel Pipes, and are mainly catering to chemical customers. Over a period of time, they realise that by getting more certifications & by putting more machines. They can easily increase the number of industries they cater to but only challenge is to go through audits to get the certificates & the time involved in setting up new machines.

They go through this cycle and start catering to higher barrier to entry industries like Nuclear, Data centres and Aerospace. This is called climbing the value chain and getting into adjacencies which ends up making your business more robust.

3. Whenever, a business starts talking about Value Added products. Always sit up and take notice. Let me give you a few examples-

A) In 2018 APL Apollo started talking about focusing on Value Added products like Heavy structural tubes. They were making an EBITDA per tonne of Rs 3000. Post introducing new value added products like Apollo Chaukhat, Steel planks, and DFT steel tubes. The EBITDA per tonne has increased from Rs 3000 to Rs5600 as of Q4FY26. This is how value added products add directly to EBITDA for a company.

B) Recently, Venus pipes which is a SS tubes manufacturer has won a LOI of 185 crores in Data Centre spooling. This is an example of how a company is going beyond the traditional industries it serves into something new where peers like Ratnamani in Nuclear spooling do margins upwards of 30% mark.

C) Another example is that of Goodluck India which has diversified away from core steel tubes business into manufacturing of 155mm Artillery shells. This is addition of a vertical where value addition and margins are much higher due to shortage of shells in the world. Base business makes margins of 8-10%, and new business will have margins north of 25%+.

D) A lot of Pharma CDMO businesses started out as API manufacturing and have steadily climbed the value chain to become Contract manufactures for innovators. Eg- Neulands margins went from 14-15% to 28% in this journey or how Laurus & Acutaas have steadily increased the mix of CDMO in their overall revenues. This journey of getting into a higher barrier to entry products is often full of lumpiness & volatility. This is something what the likes of AARTI Pharma or Granules are trying i.e. to increase the mix of CDMO in the overall business.

E) Finally, an example of a company where value addition can improve. Yash high voltage manufactures OIP and RIP bushings. In RIP bushings the realisations are 3-4x that of OIP bushings. Think of Bushings as a mission critical component used in transformers which constitutes 3% of the cost. Yash High is trying to backwards integrate into their biggest cost line item: Cores used for manufacturing Rip Bushings. This will be close to 10% of BOM for a RIP bushing. If they crack it, then the value addition per product will go up and import dependency will finish.

4. In conclusion:

A) Look out when managements are trying to enter higher barrier to entry product verticals.

B) Check if Gross Profit & Ebitda margins for a company have started improving, and look if the reason for the improvement is due to higher value addition or value added products.

C) Look out for words like: Value added products, climbing the value chain, higher margin products, new applications, backward integration etc in the concall. This will indicate if the business is looking to climb up the value chain or not :)

This is it for today. Hopefully, you loved the mental model of: Value added products.

Disclaimer: No recommendation to buy or sell. Pure idea is to teach you different mental models used in business analysis.