Tushar Saini

Cybersecurity | Swing Trader | Tightness & Momentum Trader | VCP | Learning never ends | Twitter - My Trading Journal

[Tushar Saini @ryzin05]

@StocksbyPrakhar

[Tushar Saini @ryzin05]

@mynameiskumar_ @_ChartWizard_ sumeet industries lelo ya fir sumit woods🤷🏻‍♂️

[Tushar Saini @ryzin05]

#SRM - SRM Contractors

Concall Update:

📈 From a “JK-focused road contractor” → evolving into a niche high-margin hill infra + slope stabilization player.

Back in FY25:
• Mgmt said slope/tunnel mix will rise
• Said margins should improve
• Said they’ll avoid low-margin road EPC
• Wanted PAN India expansion in slope stabilization
• Mentioned intl. ambitions post FY25

FY26 update:
- Revenue crossed ₹1000 Cr
- PAT crossed ₹100 Cr
- Slope stabilization now 51% of OB
- Strike rate in slope = 33-50% vs roads = 5-7%
- Expanded beyond JK into Uttarakhand, Northeast, Maharashtra
- UAE branch opened, talks ongoing in Oman/UAE
- Orderbook now ~₹3000 Cr
- FY27 guidance still aggressive

Most important thing:
This is no longer looking like a generic EPC company.
Mgmt clearly understands where the moat is:

- difficult terrain
- slope stabilization
- border infra
- specialized execution

Interesting part:
Road projects are now more of a “selective opportunity” business for them, not the core identity anymore.

Also liked that promoter openly admitted:
• Roads are hyper competitive
• Slope has much better margins
• International still not mature enough
• FY27 capex/debt will stay elevated

No unnecessary hype on the call. No unrealistic commentary.

Things to monitor:
- Rising debt/capex
- Accounting reclassifications
- Working capital/unbilled revenue
- Execution while scaling this fast

But overall: promoter is walking the talk so far.

They guided ₹1000 Cr revenue + ₹100 Cr PAT earlier.
Delivered both.

THIS is how ideal management communication should look like.

[Tushar Saini @ryzin05]

📈Technical Charts:
Forming a VCP / FLAG structure with 13 weeks of consolidation
No major selloff after 60% move

[Tushar Saini @ryzin05]

@BuyTheDipster yess

[Tushar Saini @ryzin05]

#IFCI
- entered on 21st with PDL SL, got stopped out next day!
- biggest mistake was not giving the setup enough space
- second mistake was not taking the re-entry after no follow through selling

[Tushar Saini @ryzin05]

@Ultrastyle5 @_ChartWizard_ meaning he bought at 208

[Tushar Saini @ryzin05]

@StocksbyPrakhar bharosa rakho, isme aayega😋

[Tushar Saini @ryzin05]

Obsession isn’t the typical horror movie. It’s a creepy-psychological horror, unsettling,with fantastic acting. A must-watch even if horror isn’t your genre.

i wish i could add the tune/music to this post🫢

[Ghar Ke Kalesh @gharkekalesh]

What kinda of Craze is this for Obsession Movie (2026)💀

[Tushar Saini @ryzin05]

@StocksbyPrakhar aap bhi dekho obsession

[Tushar Saini @ryzin05]

@fluentneon23 yepp, this movie messes with your head. It’s been almost a day for me and I still can’t stop thinking about it.

[Tushar Saini @ryzin05]

Obsession isn’t the typical horror movie. It’s a creepy-psychological horror, unsettling,with fantastic acting. A must-watch even if horror isn’t your genre.

i wish i could add the tune/music to this post🫢

[Tushar Saini @ryzin05]

@kranchi_tweets @rajpapdeja nooo, avoided 🥲

[Tushar Saini @ryzin05]

#BHAGYANGR
- good run up of 100% after the breakout
- pullback to emas, some tight days
- 5% circuit limit is the only reason to avoid this one!

[Tushar Saini @ryzin05]

@iRishabhKapoor yess different account for long term/positional plays

[Tushar Saini @ryzin05]

#DEEDEV - DEE Development Engineers Ltd

Already up ~115% for me since april, but the story now looks bigger which is also reflected in the price action.

FY26:
• Revenue +38% YoY
• EBITDA +53% YoY
• PAT +77% YoY
• Order book ₹1,940 Cr (+58%)

Most important part from concall:
Management confirmed recent HRSG/export orders are linked to the global gas turbine buildout cycle.

That means:
AI/data center power demand → more gas turbines globally → more HRSG demand → more piping/fabrication opportunity for DEEDEV.

Interesting signals:
-seamless pipe plant commissioned = backward integration + potential margin expansion
-thailand HRSG capacity getting reserved by global EPC players
-management expecting ₹2,000+ Cr order inflow in FY27
-power sector becoming ~60-70% of revenue mix

Still risks:
working capital heavy biz, execution critical, export cycle needs to sustain.

Very interesting industrial/power-capex proxy developing here.

[Tushar Saini @ryzin05]

#DEEDEV - DEE Development Engineers Ltd

DEE Development is India’s largest manufacturer of specialized process piping solutions by installed capacity. The core narrative here is a financial turnaround fueled by India's accelerating capex cycle, coupled with an aggressive backward integration strategy that is structurally expanding margins. The Q3 FY26 numbers validate a massive inflection point: Consolidated revenue surged 77% YoY to ₹286.7 Cr, and PAT flipped from a ₹13.3 Cr loss last year to a robust ₹18.55 Cr profit. Operating EBITDA margins expanded significantly to 16.6% in Q3 FY26, up from a suppressed 3.5% in the same quarter last year.

-> If execution sustains and margins stabilize at these expanded levels, DEEDEV is poised to transition from a pure turnaround story into a structurally higher-margin, compounding engineering play.

Growth Catalysts & Triggers

1. Backward Integration (The Margin Multiplier):
The biggest structural catalyst occurred just days ago. On March 19, 2026, DEEDEV commenced commercial production at its new ₹89 Cr, 7,000 MTPA Seamless Pipe plant in Anjar, Gujarat. Previously, the company had to import these high-wall-thickness alloy pipes to use as raw materials. Manufacturing them in-house is expected to improve EBITDA margins by reducing imported seamless pipe costs and freight dependency. The market validation was immediate: they secured a ₹58 Cr seamless pipe order from a power sector JV before the plant was even fully commissioned.

2. Explosive Order Book Momentum:
The company's order book is expanding aggressively, jumping from ₹1,319 Cr at the start of February to ₹1,913 Cr by February 28, 2026. This was driven by a massive ₹754 Cr inflow in February alone, highlighted by a $40+ million export order for Heat Recovery Steam Generator (HRSG) piping from a US-based OEM and strong domestic traction from PSU giants like BHEL. Execution is scaling concurrently; the Anjar facility’s base process piping capacity was recently doubled to 30,000 MTPA to handle this influx, with a large portion of this ₹1,913 Cr order book expected to execute over the next 2–3 years (FY26–FY28).

3. Long-Duration Optionality (Hydrogen & Pilot Plants):
While thermal power and oil & gas pay the bills today, DEEDEV is building early optionality in emerging hydrogen infrastructure. They have strategically entered the hydrogen sector via an MoU with an International Clean-Tech partner to build modular hydrogen production systems in India and Thailand. Additionally, they have opened a new, high-margin vertical: designing and fabricating small-scale "pilot plants" for chemical and nuclear companies to test R&D processes before full-scale commercialization.

Key Risks:
Biomass power segment litigation continues to drag consolidated margins. Long-gestation international HRSG orders expose the company to raw material price volatility and execution risks. The business remains working-capital intensive, and growth is highly dependent on sustained capex cycles in the Oil & Gas and Power sectors.

[Tushar Saini @ryzin05]

@Geetanjali_SB @mynameiskumar_ im sorry

[Tushar Saini @ryzin05]

@Geetanjali_SB @mynameiskumar_ well i love dogs and would love to have one at home someday. but repeated stray dog attacks on people are a real public safety issue and pretending otherwise helps nobody.

[Tushar Saini @ryzin05]

@Geetanjali_SB @mynameiskumar_ a personal incident shared in pain and frustration doesn't need to prove itself to you. your skepticism says a lot more about you than about him.

[Tushar Saini @ryzin05]

@StocksRoyale1

[Tushar Saini @ryzin05]

#THERMAX
- couldn't capitalize the move in this one, booked way too early

[Tushar Saini @ryzin05]

#THERMAX
- entered today at 4420 with day low SL

[Tushar Saini @ryzin05]

#WOCKPHARMA
- up 25% for me in 2nd attempt, 1st was a clean SL
- opened with a gapup🤑

[Tushar Saini @ryzin05]

#WOCKPHARMA
- Up 9.3%