Akshay Jogani (@kshayjogani) / X

Akshay Jogani

1,973 posts

Akshay Jogani

@kshayjogani

Identifying great businesses & operators | Cofounder - @XponentTribe (SEBI reg PMS), prior - Public Markets @WhiteOakCap, PE/VC @ Multiples PE | Alum @ISBedu

Mumbai, India

Joined October 2016

Pinned
Akshay Jogani
@kshayjogani
May 17
India crossed the credibility threshold today. ASML doesn't sign training and R&D commitments lightly. They have one of the most disciplined customer selection processes in semicap. Putting institutional weight behind Dholera means they see India as a 20-year fab geography.
Sidhant Sibal
@sidhant
May 16
TATA Electronics & Netherland's ASML sign an agreement on semiconductors
280K
Akshay Jogani
@kshayjogani
Aug 26, 2024
Resourceful Automobile SME IPO is crazy 2 Yamaha dealership showrooms, 8 employees. Asking ₹12 Cr, got ~₹2700 Cr in bids. Market cap ~₹31 Cr (at IPO price) on a net worth of ~₹1.5 Cr. Yet 227x subscribed, could hit 300x by day’s end. Is no one asking what the terminal
831K
Akshay Jogani
@kshayjogani
Dec 10, 2022
Every year, I look forward to Motilal Oswal’s Wealth Creation Study, mainly for the thematic section. They do an excellent job of presenting a hypothesis and then running it past actual data to bring out some incredible insights. A thread on this year’s thematic >> (Pls RT)
Akshay Jogani
@kshayjogani
Apr 2, 2023
Nalanda Capital has compounded capital at 20.3% for more than 15 years. Fund’s founder recently published his book about their investment framework and its link to evolution. A thread about my learnings from the book > (Do RT+Like+Follow)
115K
Akshay Jogani
@kshayjogani
Jun 18, 2024
this microcap doesnt make 1 cr in FCF but has taken a loan for a Rolls Royce on the company's balance sheet.
65K
Akshay Jogani
@kshayjogani
Jan 23, 2025
Spandana has written off / provisioned nearly ~Rs. 1,200 crore of its ~Rs. 9,000 cr loan portfolio in the last 2 quarters. Just for context, its FY24 networth was ~Rs. 3,500 cr - so almost 1/3rd of its networth gone in impairments. In MFI, when things go bad, they go really
24K
Akshay Jogani
@kshayjogani
Aug 10, 2024
Cadsys announced today that it has lost a client contributing ~₹65 crore to its sales (30% of sales) Interestingly, since May 17th 24, its stock price has dropped 60%+ from ₹511 to ₹197 Seems sellers knew this & got an opportunity to sell before co disclosed it to public
65K
Akshay Jogani
@kshayjogani
Aug 7, 2024
Asset quality trends across NBFCs have worsened, and as one would expect, is magnified among MFIs. For me, the most interesting is the performance of MSME lenders. Asset quality here has held up really well.
27K
Akshay Jogani
@kshayjogani
Sep 2, 2023
Five Star doesn't even do microfinance. Presentation toh padhlo outrage karne se pehle 😃
Aditya Shah
@AdityaD_Shah
Sep 2, 2023
🚨HDFC Mid-cap Opportunities I would never invest in the Mutual fund that bought Five Star Finance at a time when the Microfinance cycle is at its peak. Such a crazy decision by the fund manager.
43K
Akshay Jogani
@kshayjogani
Dec 25, 2024
Some thoughts on Samhi Hotels: Samhi operates similarly to a Real Estate Investment Trust (REIT) but its listed security is equity. This allows for the redeployment of cash flows to acquire additional properties, potentially enhancing growth compared to traditional REITs which
Anshul
@AnshulThakkar_
Dec 22, 2024
IAS 20_20 Notes on investors/funds that I actively follow Organisation: @soicfinance Speaker: @ishmohit1 sir Sector: Hotels Company name: Samhi Hotels Notes below:
33K
Akshay Jogani
@kshayjogani
Aug 26, 2024
Replying to @RakeshSid1978 and @jitendrajain
Won't be surprised if there's already one listed
48K
Akshay Jogani
@kshayjogani
Dec 25, 2023
*Investing lessons from RARE Enterprises’ Utpal Sheth:* A profound talk on Reframing Mistakes in Investing. Sharing my takeaways to help you learn + grow This thread has some exceptional practical insights to help improve your portfolio performance (Please RT & like to amplify)
24K
Akshay Jogani
@kshayjogani
Sep 10, 2022
Reading annual reports and finding gems like these make it worthwhile Total non-interest expenses of the company for the year = 137 cr. Of this CSR spend = 96 cr Yes, 70% of the operating expense is CSR!!
Akshay Jogani
@kshayjogani
Jul 21, 2024
Replying to @Ajain112
You should just see the inventory turns zudio has. Many apparel retailers have tried and failed on this. Most aren't able to get right merchandise for their footfalls and thus inventory doesn't turn fast enough.
14K