Vikas Vij (@theclubjunto) 's Twitter Profile
Vikas Vij

@theclubjunto

Disciple of Charlie Munger.

ID: 1846560286196609024

calendar_today16-10-2024 14:34:33

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Today’s World Bank report says that in 2025 economic growth in India has moderated and industrial activity has slowed down. On the same day, PwC comes up with a 2035 “astrological” prediction of a $9.82 trillion economy (accurate to two decimals) to mislead the public.

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Why America Needs “The America Party” Benjamin Franklin, one of America’s great founding fathers, shared a timeless lesson in his autobiography about turning a vicious adversary into a lifelong friend. In 1737, while serving in the Pennsylvania Assembly, Franklin faced fierce

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Viceroy Research Report on Vedanta: A Giant Ponzi Scheme [Summary of Viceroy Report]: The Vedanta Group is a “House of Cards” built on unsustainable debt, looted assets, and fake accounting, headed for a disorderly collapse. Critical Governance Issues Bait-and-Switch

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TCS Quarterly Results: Weak Start to FY2026 Operational Performance is DOWN Both YoY and QoQ QoQ Comparison: Q1 FY26 vs. Q4 FY25 Revenue from Operations (QoQ): DOWN by Rs. 1,042 cr In % Terms: DOWN by 1.62% Net Profit (QoQ): Up by Rs. 526 cr But “Other Income” is Up by Rs.

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Varun Beverages vs. Coca Cola Consolidated (USA): A Tale of Two Listed Bottlers CCC (Coke – USA): 2024 Net Profit Margin: 9.18% VBL (Pepsi – India): 2024 Net Profit Margin: 13.2% Difference = 13.2% - 9.18% = 4.02% It means: VBL is 43.79% more efficient in profitability than

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HDFC Bank Bonus Issue: More Slices, Same Pizza If you cut a pizza into 16 slices instead of 8, does it fill your stomach more? At last, HDFC Bank joins other Indian firms that have become world-leaders at stock price management instead of business management. Sharad Shah

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"Technical Impact": Axis Bank’s Accounting Innovation in Q1 FY26 Gross Slippages: Rs. 8,200 cr Technical Impact: (-) Rs. 2,709 cr EXCLUDING Technical Impact = Rs. 5,491 cr So, NPAs & PAT are reported as: “Actual” vs. “Ex Technical Impact” What is “Technical Impact”? Axis

"Technical Impact": Axis Bank’s Accounting Innovation in Q1 FY26

Gross Slippages: Rs. 8,200 cr

Technical Impact: (-) Rs. 2,709 cr

EXCLUDING Technical Impact = Rs. 5,491 cr

So, NPAs & PAT are reported as: “Actual” vs. “Ex Technical Impact”

What is “Technical Impact”?

Axis
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RIL Quarterly Results: Signs of a Slowing Economy Media headlines show big jump in Net Profits QoQ and YoY REALITY: “Other Income” from Asian Paints Investment Sale Other Income as follows: Q1 FY25 @ 3,983 cr Q4 FY25 @ 4,905 cr Q1 FY26 @ 15,119 cr (In this quarter, the

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HDFC Bank: Worst Results in Many Years Other Income: Rs. 9,128 cr (Stake Sale in HDB Financial) Net Profit in Q1FY26 = Rs. 16,258 cr. LESS Stake Sale = Rs. 9,128 cr Net Profit (Adjusted for Stake Sale) Rs. 7,130 cr QoQ Net Profit: 62.15% DOWN YoY Net Profit: 56.72% DOWN

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Zomato Stock Valuation (Based on Today’s Results) Current Market Cap = Rs. 2.46 lakh crore Current Stock Price = Rs. 277 per share Number of Outstanding Shares = 907 crore Assume a reasonable P/E Ratio of Eternal in the long run @ 50 Assume stock price remains @ Rs. 277 EPS

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FM said yesterday at an event: "Are companies sitting over passive funds that are being "engaged passively" rather than investing in capacity expansions?" TIP: TCS is sitting on Rs. 90,000 cr (over $10 billion) in reserves. TCS gives fat dividends to itself (72% shareholding

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China AI vs. India IT CHINA AI: Revolutionary Mindset 🎯 DeepSeek LLM AI with just $6 million initial investment to compete with ChatGPT. 🎯 Developing GPUs (AI chips) to compete with Nvidia. 🎯 A tech tsunami with AI startups plus government and industry partnerships to

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From March to July 2025: U.S. Dollar Index (DXY) has weakened by 4.5%. Indian Rupee (INR), instead of strengthening against a weaker dollar during this period, has done the opposite. INR has further weakened against the Dollar by 2.65%. In other words, if the dollar had not

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Hindustan Unilever (HUL) Results Actual Results are in Foot Notes Q1 FY26 vs. Q1 FY25 (YoY) Sales in Q1 FY26 UP by 5% (YoY) Net Profit in Q1 FY26 DOWN by 5% (YoY) Footnote # 6: “One-time tax reduction in Q1 FY26 boosted our reported PAT growth by 12%.” (Tax provisions of

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IndiGo Airlines Results: A Key Indicator of the Economy A near-monopoly airline with 60% aviation market share Q1 FY26 vs Q1 FY25 (YoY) Sales Revenue 6% UP YoY Total Passengers Flown 12% UP YoY Fuel Costs (Major Cost Item) 22% LESS YoY Net Profit 20.15% DOWN YoY How?