🧵 QUALITY POWER @819: This is not a “normal” power equipment company. But it’s also NOT risk-free. Read before you chase. ⚡🧠 Most people are only seeing 250% YoY growth headlines. That’s lazy investing. Let’s decode what’s really happening 👇 1️⃣ First, the numbers (yes, they look insane) Q3 FY26: • Revenue: ₹284 Cr ( 256% YoY) • EBITDA: ₹79 Cr ( 223% YoY) • PAT: ₹63 Cr ( 221% YoY) 9M FY26: • Revenue: ₹697 Cr ( 166% YoY) • PAT: ₹135 Cr ( 94% YoY) 📌 This is execution-heavy growth, not Excel growth. But numbers alone don’t tell the story. 2️⃣ Where did this growth ACTUALLY come from? Two words: Timing International execution • Large overseas orders (Turkey operations) got delivered in Q3 • Backlog conversion kicked in simultaneously • #Mehru subsidiary surprised on margins ➡️ This quarter benefited from delivery clustering ⚠️ Which also means: growth may look uneven QoQ This is NOT a smooth FMCG-style compounding business. 3️⃣ What business are they really in? Forget “power equipment”. Quality Power sits at the heart of grid stress points: • HVDC • STATCOM / SVC • Power quality & reactive compensation • Renewable grid integration These are problem-solving products, not commoditised transformers. That’s why: • Margins >25% EBITDA are possible • Customers include PGCIL, global utilities, Fortune-500 OEMs 4️⃣ Why acquisitions matter here (and also raise risk) They didn’t acquire randomly. They stitched the entire transformer power quality value chain: • Mehru → Instrument transformers • Sukrut JV → Transformer components • Endoks (Turkey) → FACTS & power electronics • Nebeskie → IoT, analytics, EMS 📌 This creates cross-selling & vertical integration ⚠️ But integration risk is REAL if execution slips This is a builder’s business, not a trader’s. 5️⃣ Order book = comfort, but not a guarantee Order backlog: ₹895 Cr Sounds great. But remember: • Project execution cycles are long • Revenue recognition can be lumpy • Cash flow timing matters more than PAT 🚨 Red flag most won’t talk about: Operating cash flow has been volatile historically. Growth is funded by discipline -lose that, story cracks. 6️⃣ CAPEX is aggressive (and intentional) • Sangli mega facility → 8x capacity potential • Cochin expansion → HVDC & FACTS focus • Mehru Bhiwadi expansion → 45% capacity This is a “build for 5-10 years” strategy, not quarter-to-quarter optics. But CAPEX acquisitions = 👉 execution risk working capital pressure if cycle turns. 7️⃣ What kind of cycle is this business exposed to? Let’s be blunt 👇 This business is: ✔ Beneficiary of energy transition ✔ Linked to renewable integration ✔ Backed by grid capex globally But also: ❌ Sensitive to government delays ❌ Sensitive to global capex cycles ❌ Sensitive to project deferments This is cyclical growth riding a structural theme. Important difference. 8️⃣ Valuation trap or long-term compounder? Depends on ONE thing: 👉 Can management convert order book into consistent cash flows, not just PAT? If yes → multi-year platform company If no → market will punish at first slowdown This is why this stock will remain volatile but interesting. 🔚 Final takeaway (read 2 baar) Quality Power is NOT: ❌ a linear growth story ❌ a low-risk utility play ❌ a “buy and forget” stock It IS: ✅ an execution-led energy transition play ✅ a complex engineering platform ✅ a stock where tracking cash flow > tracking EPS Markets reward builders. But only disciplined builders survive cycles. If this thread made you think, not just feel good - you’re doing investing right. 🔁 Retweet if you prefer business decoding over headline chasing (And yes most #finfluencers won’t talk about the risks. That’s your edge.) DISCLAIMER = THIS IS NOT A BUY OR SELL RECOMMENDATIONS. SHARING ONLY FOR STUDY PURPOSE. In short run it can go up but you have to watch company closely. May be good for positional. Execution matter. #QUALITY

Today portfolio was on fire 🔥 #senores pharma #kwalitypharma #aeroflex industries #avalon technologies

#QualityPower 🔥

#QPOWER AT TRENDLINE SUPPORT KEEP ON RADAR CMP - 1040 SL - 1000 DCB

🚀 Market Wrap 09 JUN: Indices Rebound as West Asia Pauses Hostilities; PSU Banks & Midcaps Rally! Indian benchmark indices bounced back into the green as cooling crude oil prices boosted market sentiment following a temporary halt in military strikes between Iran and Israel. Accompanied by positive news from the US-Iran peace talks, domestic benchmarks staged a broad-based recovery with heavily positive market breadth across the trading floor. 📊 The Numbers Game Nifty 50: 23,242.10 ( 0.5%) Sensex: 73,918.76 ( 0.5%) Nifty 500: 22,370.15 ( 0.9%) Market Breadth: Highly Positive (1,862 Gainers vs. 821 Losers) India VIX: Cooled down 8.6% to close at 15.6 points 🏛️ Macro & Sector Highlights Mega Legal Relief for Telcos: The Bombay High Court quashed the government’s ₹24,000 crore one-time spectrum charge demands against Bharti Airtel and Vodafone Idea, declaring the operational notices legally unauthorized. PSU Banks Surge: Nifty PSU Bank emerged as a top gaining index after the RBI released clear operational guidelines for its concessional forex swap facility to pull in foreign capital. Top Performer: Transportation emerged as the best-performing sector of the day, gaining 2.2%. Volume Pullers: Data Patterns ( 10.1%) and Gabriel India ( 7.5%) led the high-volume active gainers. 📢 Stock Specific Updates ✅ THE GAINERS #PIIndustries: Jumped over 6% after its major overseas client, Kumiai Chemical, sharply raised its global H1CY26 operating profit forecast by 70.5%. #PanaceaBiotec: Scaled an all-time high of ₹638 after joining the 10-partner global 'DENSTAR' consortium to clear regulatory pathways for its dengue vaccine in sub-Saharan Africa. #GrasimIndustries: Advanced 1.5% on approving a ₹3,094 crore capex plan to install two new Cellulosic Staple Fibre manufacturing lines at its Karnataka unit. #GodrejProperties: Gained traction after clocking over ₹2,000 crore in sales by selling 1,000 residential homes at its newly launched Bengaluru project. #JNKIndia: Hit a new 52-week high of ₹471.9 on securing an Abu Dhabi incinerator package order from CC7 Emirates for ADNOC's TA'ZIZ Salt Project. #AdaniEnergy: Signed a definitive pact to fully acquire Intellismart Infrastructure for ₹3,050 crore to scale up its smart meter operations. #StuddsAccessories: Exploded 15% following rigorous traffic safety enforcement and soaring helmet demand in West Bengal post-Assembly elections. ⚠️ THE LAGGARDS / NEGATIVES #NLCIndia: Slid over 2% after the Government of India cleared an Offer for Sale (OFS) to offload up to a 3% stake in the company worth ₹1,263 crore. #BluestoneJewellery: Declined as a large block deal saw a 3.8% equity stake worth ₹300 crore change hands via institutional sellers. #GujaratFluorochemicals: Downgraded to 'Sell' from 'Accumulate' by Deven Choksey, citing pricing pressures and competitive headwinds from China. 🎯 Corporate & Institutional Actions #TataMotors: Chairman N. Chandrasekaran highlighted that the impending acquisition of Iveco Group’s commercial assets will bolster the auto major's global expansion despite near-term macro cost pressures. #BrigadeEnterprises: Board of directors approved a 3-for-1 bonus share issue and fixed the execution record date as June 18. #CeraSanitaryware: Rose sharply as Goldman Sachs India Equity Portfolio picked up 1.2 lakh shares worth ₹64.9 crore via a bulk deal. Overbought Radar: Aditya Infotech and Tata Technologies are actively flashing inside overbought technical territory. #Nifty #Sensex #TelecomRelief #PSUBanks #GrasimCapex #PanaceaBiotec #PIIndustries #TradingUpdate