Sumit Jha 📈

Dr. 🩺| 🏋️ | Small caps / Micro caps | 21x my portfolio in 6 years | Follow @jha__sumit

[Sumit Jha 📈 @jha__sumit]

🧵 Passive Investing Is Quietly Killing Capitalism

What began as a low-cost revolution is now distorting market dynamics.

Here’s how passive investing is silently reshaping Indian markets 🧨👇

[Sumit Jha 📈 @jha__sumit]

The main reason for Sugs Lloyd has to be liquidity. On an average only ₹55L to ₹60L worth shares are being traded. So it’s only retail participation that’s seen. HNI’s , MFs are clearly not looking at SME segment. Interestingly, last month , most of the positive gains were out of promotor buying.

Once the liquidity situation gets better, we will see UC’s after UC’s for Sugs

[Sumit Jha 📈 @jha__sumit]

@_KiranRajput It takes a situation to worsen before the government realizes there's a need for 're-evaluation' 🤡

[Sumit Jha 📈 @jha__sumit]

@_KiranRajput It takes a situation to worsen before the government realizes there's a need for 're-evaluation' 🤡

[Sumit Jha 📈 @jha__sumit]

@Sandeep_Majj And companies showing high revenue growth alongside a sharp rise in receivables and negative operating cash flow , with no signs of improvement are basically running a marathon on a treadmill.

[Sumit Jha 📈 @jha__sumit]

🚀 Alpex Solar Q4 & FY26 Highlights

185% revenue jump. But the price movement is yet to follow. PE 12

• FY27 revenue guidance > ₹3,000 Cr, with management confident of meaningful upside
• 2.2 GW G12R TOPCon cell line to go live within 90 days → major margin expansion & backward integration boost
• Module capacity ramping from 2.4 GW to 3.6 GW in FY27; potential 5–5.5 GW post FY28
• Targeting ~25%+ EBITDA post cell integration; peers already doing 35–36% on cells
• Long-term vision: ₹10,000 Cr revenue by FY30 with full integration (cells, frames, glass, wafers, ingots)
• 5 GW solar glass + 5 GW wafer/ingot roadmap underway; pilot line by Apr’27
• ₹1,900 Cr order book despite selective order intake to prioritize higher-margin execution
• ALMM List 2 & 3 policies seen as massive tailwinds for integrated domestic manufacturers
• Strong domestic demand, PSU/corporate clientele, SAP-led execution visibility, prudent capex funding
• Mgmt focus remains: under-promise & over-deliver, automation, efficiency, and long-term resilience
Integrated solar manufacturing story is getting stronger with scale + policy support. ☀️📈

[Sumit Jha 📈 @jha__sumit]

@BazarBull @InvestInMicro Interestingly, the management has mentioned that its top priority right now is improving receivables, and they have even set up a dedicated team solely to address this issue.

Hopefully, this translates into meaningful improvement on the receivables front going forward.

[Sumit Jha 📈 @jha__sumit]

Only when retail investors and DIIs start selling will FIIs begin buying - every buyer needs a seller.

The harsh reality is that retail investors and DIIs are again going to be the ones exiting at progressively lower levels, while FIIs quietly begin accumulating positions.

And eventually, at the top, it is again the retail flow that provides FIIs their exit liquidity.

@1shankarsharma highlighted this brilliantly when he pointed out how monthly SIP inflows have become one of the biggest drivers providing exit liquidity to FIIs.

[Sumit Jha 📈 @jha__sumit]

A ₹280Cr SME company guiding for ₹1000Cr revenue ahead.
Meanwhile, the promoter is quietly increasing stake in the open market 👀₹1.35Cr worth of shares bought this month alone.

Undervalued microcap + aggressive growth guidance + promoter conviction.

Sometimes, the biggest signals aren’t in the headlines.

[Sumit Jha 📈 @jha__sumit]

Guidance: ₹1000cr by FY'28
Current PE: 9.7

Company has over delivered from the FY'26 guidance of ₹270cr Top line to ₹300Cr

Once market sentiments get's better, this company will jump with only Upper circuits
Disc: Invested

[Sumit Jha 📈 @jha__sumit]

@shiladitya4u What I’m seeing is that prices rally ahead of results, and even when companies deliver bumper numbers ( sometimes surpassing management guidance ) the stock often starts tanking the very next day after the results are announced.

[Sumit Jha 📈 @jha__sumit]

Solex Energy Limited 🚀

From being ignored to becoming a serious growth story.

Revenue & profits are almost doubling year after year
PE has corrected from 31 to 16 after the results.

One of the few companies riding India’s solar manufacturing boom with aggressive capacity expansion and improving scale economics.

Impressive Execution

[Sumit Jha 📈 @jha__sumit]

@Akash17971 Suggesting Sugs Lloyd , worth checking out
https://t.co/3mqgX2hXiN

[Sumit Jha 📈 @jha__sumit]

Guidance: ₹1000cr by FY'28
Current PE: 9.7

Company has over delivered from the FY'26 guidance of ₹270cr Top line to ₹300Cr

Once market sentiments get's better, this company will jump with only Upper circuits
Disc: Invested

[Sumit Jha 📈 @jha__sumit]

@Dynamicinvstr GPU and CPU? Share your Steam ID bro

[Sumit Jha 📈 @jha__sumit]

Even the revenue guidance appears quite optimistic, targeting ₹3,000 Cr revenue by FY28 and ₹4,000 Cr by FY29, with EBITDA margins of 22–24%.

My sense is that PAT margins could settle around 12%. Assuming a P/E multiple of 40x (considering the company traded at P/E levels in the 50s during the last bull run), the market capitalization could potentially reach around ₹14,000 Cr within the next 1.5 years or so.

[Sumit Jha 📈 @jha__sumit]

🚨 Big win for Pace Digitek!

A Key player in BESS 🔋

Pace Digitek has secured a ₹710 Cr order from NLC India Renewables Ltd for a 250MW/500MWh Battery Energy Storage System (BESS) project in Tamil Nadu, along with 12 years of O&M.

A strong boost to its renewable energy & energy storage business. 🔋⚡

[Sumit Jha 📈 @jha__sumit]

Energy crises ripples through every layer of the economy.

• Higher crude prices → costlier transport, food, fertilizers & electricity
• Rising inflation with stagnant wages → middle class purchasing power weakens
• Bond yields rising globally → borrowing becomes expensive for businesses & governments
• Export slowdown + weak global demand → pressure on jobs and manufacturing
• Geopolitical conflicts can disrupt supply chains overnight
• Fiscal pressure may force governments to cut spending or increase taxes/subsidy burden

India is stronger than many economies due to demographics, digital infrastructure & manufacturing push, but global shocks spare no one.

[Sumit Jha 📈 @jha__sumit]

@aditya942000 Stocks correcting after strong earnings seems to be a new trend this results season , hoping for a fall

[Sumit Jha 📈 @jha__sumit]

India and the UAE signed agreements to expand oil storage cooperation, helping India strengthen energy security amid rising geopolitical tensions and volatile crude prices. ADNOC may store up to 30 million barrels in India.

Good Job bro @narendramodi

[Narendra Modi @narendramodi]

Highlights from a productive UAE visit, which will deepen our bilateral friendship…

[Sumit Jha 📈 @jha__sumit]

Hi @Support @nikitabier @premium ,

I’m reaching out regarding the suspension of @ThinkWithSaurav. The account was suddenly suspended even though there had been no posts or unusual activity for the last 3 days prior to the suspension.

I personally know this account and can vouch that it has consistently shared genuine, meaningful, and authentic content. Because of that, this suspension genuinely seems like it may have resulted from a misunderstanding or an automated error.

Would really appreciate it if the team could take a closer look and arrange a manual review of the account.

Thank you.

[Sumit Jha 📈 @jha__sumit]

@gaurav2k13 Sugs Lloyd . Would encourage to study

[Sumit Jha 📈 @jha__sumit]

Guidance: ₹1000cr by FY'28
Current PE: 9.7

Company has over delivered from the FY'26 guidance of ₹270cr Top line to ₹300Cr

Once market sentiments get's better, this company will jump with only Upper circuits
Disc: Invested

[Sumit Jha 📈 @jha__sumit]

@KaustubhYeole @aditya942000 It's still like where solar was back in 2018