Welcome to the Technofunda Investing community. Thank you for being Life Long Learner...!!!

Share this newsletter Via: LinkedIn, WhatsApp, Twitter​

You can view all previous newsletters here​

Sectors in Focus

Major Corporate Developments This Week

1. HFCL: Company Bags Rs 157 Crore Order for BharatNet Phase III in West Bengal.
2. Cochin Shipyard: Company and Drydocks World are collaborating to strengthen India’s ship repair and offshore fabrication capabilities.
3. Allied Blenders: Company to consider fund raising via equity shares or securities on May 15
4. Piramal Pharma: Company announced a $90 Million investment to expand its US facilities in Lexington, KY and Riverview, MI.
5. Bharat Electronics Ltd (BEL) received fresh orders worth ₹572 crore post April 7, 2025. Orders include: Integrated Drone Detection and Interdiction System (ID-DIS), Software Defined Radio (SDR) and Data Communication Units (DCU) for attack gunsAI-based ship solutions, simulators, jammers, spares, and services.
6. Zaggle Prepaid: Net Profit at Rs 31.12 Cr Vs Rs 19.15 Cr, Revenue at Rs 412.10 Cr Vs Rs 273.3 Cr (YoY)
7. PG Electroplast: Net Profit at Rs 145 Cr Vs Rs 70 Cr, Revenue at Rs 1909 Cr Vs Rs 1076 Cr (YoY)
8. TD Power Systems: Net Profit at Rs 53.02 Cr Vs Rs 29.02 Cr, Revenue at Rs 348.20 Cr Vs Rs 263.89 Cr (YoY)
9. KIMS: Net Profit at Rs 102 Cr Vs Rs 65.5 Cr, Revenue at Rs 797 Cr Vs Rs 634 Cr (YoY).
10. Care: Net Profit at Rs 42.7 Cr Vs Rs 24.1 Cr, Revenue at Rs 110 Cr Vs Rs 90 Cr (YoY).
11. Grovy India: Company secures new premium residential project in Greater Kailash 1 (GK-1), New Delhi.
12. Cellecor Gadgets Ltd: Company is launching a new range of fully automatic top-load washing machines in May 2025.
13. ELECTROSTEEL CASTINGS: Co receives provisional compensation order from Ministry of Coal. Compensation estimated at 4.99 bn rupees.
14. SUN PHARMA: Co announces FDA approval of next generation BLU-U® Blue Light Photodynamic Therapy Illuminator for actinic keratosis.
15. LUMAX AUTO TECHNOLOGIES: Co approves acquisition of remaining 25% in IAC India. Equity value for 25% interest in IAC India is 2.21 bln rupees.
16. NEWGEN SOFTWARE TECHNOLOGIES: Newgen granted patent in India for system and method for data compression. Filed 55 patents, out of which 25 have been granted in India and the US. New patent will boost Newgen’s intellectual property portfolio.
17. BIOCON: Co unit Biocon Pharma has received approval for its ANDA for Rivaroxaban Tablets USP from the US FDA, for strengths of 2.5 mg, 10 mg, 15 mg and 20 mg.

TechnoFunda Investing Quote from Legends -

This quote by Benjamin Graham emphasizes that successful investing isn't about having superior intelligence or complex strategies, but rather about maintaining discipline and emotional control. In the stock market, even the smartest individuals can make poor decisions driven by fear, greed, or impatience. Discipline—sticking to a sound investment process, avoiding impulsive actions, and staying committed during market volatility—often proves to be a more important trait than brilliance. In essence, consistent behavior beats sporadic genius.

📚 Book I'm Reading This Week Buffett and Munger Unscripted Buffett and Munger Unscripted by Alex W. Morris is a comprehensive compilation of over three decades of investment wisdom and business insights shared by Warren Buffett and Charlie Munger during Berkshire Hathaway's annual shareholder meetings. Following the 2018 release of archived meeting footage dating back to 1994, Morris meticulously reviewed more than 1,700 questions addressed by the duo, curating and organizing their most impactful responses into an accessible format. The book delves into topics such as intelligent capital allocation, effective management evaluation, market dynamics, and the significance of long-term investment horizons. By presenting these insights in their original context, Buffett and Munger Unscripted serves as an invaluable resource for investors and business enthusiasts seeking to understand the principles that have guided two of the most successful figures in finance. List of All Books I have Shared →

TechnoFunda 101 - Power Capsules

Learn technical as well as fundamental concept in a simple way

Rising Operating Leverage — Spotting Earnings Breakouts Before They Happen

Everyone loves an earnings surprise — but what if you could spot it before the market reacts?

This week, we break down one of the most underappreciated forces behind explosive earnings growth: Operating Leverage.

This isn’t about buzzwords or management hype. It’s about finding companies where a quiet shift in cost structure can lead to outsized profit growth — even with modest revenue gains.

🔍 What is Operating Leverage — Really?

Operating leverage means profits grow faster than revenue. Why? Because fixed costs stay the same as sales increase.

When revenue rises but core costs (like salaries, rent, plant depreciation) don’t, the difference flows straight to the bottom line.

​

✅THE OPERATING LEVERAGE CHECKLIST — What to Look

To catch this early, ask these questions:

1. Are fixed costs a large portion of total costs?​
   This sets the stage for leverage. Think manufacturing, software, or infra companies.
2. Is revenue steadily rising?​
   Even low double-digit top-line growth can explode into high profit growth in a leveraged setup.
3. Have gross or EBITDA margins improved with scale?​
   A rising margin trend is a telltale sign that leverage is kicking in.
4. Is recent capex behind us?​
   If a company just finished a capacity expansion, it may be sitting on idle fixed assets about to become profit machines.

📊 Key Metrics That Signal Leverage Is Rising

🧠 Final Thought: Profits Aren’t Linear — But Leverage Can Make Them Look Exponential

Most investors react after the earnings breakout.
Smart investors track the leverage drivers before the breakout hits.

When revenue growth meets a fixed cost wall, profit curves bend upward.
Learn to see that bend forming — that’s where the edge is.

🚀 My Content For This Week 🎬 YouTube: How to do SIP in Stocks? How to invest your salary regularly in Stocks​ ​ 📋 Twitter: Vivek Mashrani, CFA @MashraniVivek 📶 As we all know, earnings season is here 📊 — and many companies are posting great results. But how do you know which ones are truly worth investing in? Let’s break it down in simple steps 👇 A thread…. 4:43 PM • May 17, 2025 6 Retweets 10 Likes Read 6 replies ​ 📷 Instagram: Every 2 years, the market dips 20%. Sometimes, even more.​ 🔗 Linkedin: Every 2 years, the market dips 20%. Sometimes, even more.​ ​

🎙️ My Weekly Podcast For You

​​

Keep Compounding...

Vivek Mashrani, CFA Founder, TechnoFunda Investing

​

You Can Share This Newsletter...!!! ​​​

​

Follow all my content on my social media handles below ​​​​​​​​

Disclaimer:

• The content provided on this page by the publisher is not guaranteed to be accurate or comprehensive. All opinions and statements expressed herein are solely those of the author.
• The information found on this newsletter should not be interpreted as investment advice, nor does it express any viewpoint on the future trading prices of any company's securities. The opinions and information shared here should not be taken as specific guidance for making investment decisions.
• The content, including opinions and expressions, present on this newsletter, is not a direct or indirect offer or solicitation to buy or sell securities or financial instruments mentioned. The securities quoted are for illustration only and are not recommendatory.
• Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
• By accessing the site or affiliated social media accounts, you signify your agreement to this disclaimer and the terms of use.
• Neither the publisher nor its affiliates assume liability for any direct or consequential losses arising directly or indirectly from the use of the information provided in this content.

Shivalik Parkview, Ahmedabad, Gujarat 380058
​Unsubscribe · Preferences​