Your Partner for Growth, Hybridan

Hybridan

Your Partner for Growth

Our passion is raising growth capital for exciting, fast growth companies that want to take their business to the next level. We raise capital for companies both listed and unlisted in the most efficient manner possible and pride ourselves as being one of the few consistently profitable broking firms in the City. This has been achieved through a highly disciplined approach when seeking to create both corporate and institutional relationships.

Equity Bottom-Up

Aurrigo International  / Equity Bottom-Up

Aurrigo International PLC provides transport technology solutions. The Company designs, engineers, manufactures, and supplies OEM products and autonomous vehicles to the automotive, aviation, and transport industries with consulting solutions. Aurrigo International serves clients worldwide.

<ul>
<li>The launch of the ‘Hub strategy’ programme will accelerate global commercialisation and licensing income from this manufacturer of autonomous airport vehicles.</li>
<li>The 'Hub strategy' is designed to align local partnerships, funding, operations and manufacturing with Aurrigo's proprietary technology platform.</li>
<li>The Hub partners and JVs will be at a local/subsidiary level to established regional ground operations and manufacturing capacity, to reduce risk, capital requirements and time to market. </li>
</ul>


The launch of the ‘Hub strategy’ programme will accelerate global commercialisation and licensing income from this manufacturer of autonomous airport vehicles.
The 'Hub strategy' is designed to align local partnerships, funding, operations and manufacturing with Aurrigo's proprietary technology platform.
The Hub partners and JVs will be at a local/subsidiary level to established regional ground operations and manufacturing capacity, to reduce risk, capital requirements and time to market. 


Research from Water Tower Research, Water Tower Research

Water Tower Research

Research from Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Equity Research Firm

XCF Global, Inc. operates as an aviation fuel company. The Company produces sustainable aviation fuel derived from non-food feed-stocks such as waste oils and fats, green and municipal waste, and non-food crops. XCF Global serves customers worldwide.

<ul><li>Cooper brings a rich background in aviation and energy. </li><li>Initially drawn to piloting, Cooper moved to the business side of aviation with leadership roles at Chevron, Phillips 66, and Neste, and across aviation fuel distribution, production, and the launch of sustainable aviation fuel (SAF) operations.</li><li>Now at XCF, Cooper is leading a global growth initiative in the US and overseas.</li></ul>

Cooper brings a rich background in aviation and energy. Initially drawn to piloting, Cooper moved to the business side of aviation with leadership roles at Chevron, Phillips 66, and Neste, and across aviation fuel distribution, production, and the launch of sustainable aviation fuel (SAF) operations.Now at XCF, Cooper is leading a global growth initiative in the US and overseas.

Global Materials | Industrials | Commodities

Rahul Jain

Adani Enterprises Limited is an international trading house that operates from offices in India as well as other countries. The Company is involved in coal mining, cargo handling and power generation.  Adani also trades in a large number of products including textiles, energy, metals and agricultural products.

<ul>
<li>NMIAL commissioning in Dec-25 shifts AEL from trading volatility to regulated airport earnings, supporting a structural rerating through FY27.</li>
<li>EBITDA mix moves toward airports and renewables (&gt;70%); IRM shrinks to a residual contributor.</li>
<li>Fair value ₹2,750–3,000 (execution ₹3,300+), driven by utilisation, non-aero monetisation, and capital-structure transparency.</li>
</ul>


NMIAL commissioning in Dec-25 shifts AEL from trading volatility to regulated airport earnings, supporting a structural rerating through FY27.
EBITDA mix moves toward airports and renewables (&gt;70%); IRM shrinks to a residual contributor.
Fair value ₹2,750–3,000 (execution ₹3,300+), driven by utilisation, non-aero monetisation, and capital-structure transparency.


Adani Enterprises: NMIAL Commissioning Triggers Structural Rerating; Airports Drive Duration

India Equity Analyst - Fundamental & Thematic, Beat the Street

Sudarshan Bhandari

India Equity Analyst - Fundamental & Thematic

Beat the Street

Beat The Street was founded by Nimish Maheshwari and Sudarshan Bhandari, both of whom are Chartered Accountants by Profession, known for their expert analysis in the fields of Business, Sectoral analysis, and Corporate governance.

With a strong social media presence of 45,000+ Subscribers across various platforms, they are considered trusted voices in the industry. Their insights and analysis have been featured in some of India’s most prominent publications, including the Economic Times, Dalal Street Investment Journal, The Morning Context, and The Ken.

Their analysis on Bankrupt & Insolvent companies has been instrumental in saving investors from significant losses. They have a keen eye for identifying red flags and has identified exclusive redflags earlier in Vedanta, Nykaa, Dhani Services, Adani and many more.

Read Business Not Stock Prices

GMR Airports Limited operates as a airport platform company. The Company engages in development, operation, and maintenance of airports, as well as provides aviation and integrated security solutions in retail, aero services, and real estates. GMR Airports serves customers worldwide.

<ul>
<li>November 2025 traffic hit a record ~11.1 million passengers, up ~7.4% YoY (ex-Cebu). Delhi led with 7.3 million passengers and its highest-ever monthly passenger and aircraft movement volumes.</li>
<li>Traffic has normalized post infrastructure disruptions. Broad-based growth across Delhi and Hyderabad, alongside ~2.7% YoY YTD international growth, improves visibility on aero and non-aero revenue expansion into FY26–27.</li>
<li>Focus shifts from recovery to sustainable compounding, led by Delhi and Hyderabad, where domestic scale and rising international connectivity act as structural growth multipliers.</li>
</ul>


November 2025 traffic hit a record ~11.1 million passengers, up ~7.4% YoY (ex-Cebu). Delhi led with 7.3 million passengers and its highest-ever monthly passenger and aircraft movement volumes.
Traffic has normalized post infrastructure disruptions. Broad-based growth across Delhi and Hyderabad, alongside ~2.7% YoY YTD international growth, improves visibility on aero and non-aero revenue expansion into FY26–27.
Focus shifts from recovery to sustainable compounding, led by Delhi and Hyderabad, where domestic scale and rising international connectivity act as structural growth multipliers.


The Beat Ideas on GMR Airports: Soaring to New Heights with Record Traffic and Strong Growth

Smartkarma AI, Smartkarma

αSK

Smartkarma AI

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

Singapore Airlines Limited provides air transportation, engineering, pilot training, air charter, and tour wholesaling services. The Company's airline operation covers Asia, Europe, the Americas, South West Pacific, and Africa.

<ul>
 <li>
<a href="https://smartkarma.com/entities/singapore-airlines-ltd">Singapore Airlines</a> (SIA) stands as a premier global airline, capitalizing on a dual-brand strategy with its mainline premium carrier and the low-cost subsidiary, Scoot, to capture diverse market segments.</li>
 <li>While passenger demand remains robust, particularly in the premium travel sector, the company faces significant headwinds from a challenged cargo market, intense regional competition, and pressure on yields.</li>
 <li>The strategic expansion into India via a merger with Air India presents a significant long-term growth opportunity, though it is accompanied by near-term infrastructure and competitive challenges.</li>
</ul>This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.


  
Singapore Airlines (SIA) stands as a premier global airline, capitalizing on a dual-brand strategy with its mainline premium carrier and the low-cost subsidiary, Scoot, to capture diverse market segments.
  While passenger demand remains robust, particularly in the premium travel sector, the company faces significant headwinds from a challenged cargo market, intense regional competition, and pressure on yields.
  The strategic expansion into India via a merger with Air India presents a significant long-term growth opportunity, though it is accompanied by near-term infrastructure and competitive challenges.
This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.

Primer: Singapore Airlines (SIA SP) - Dec 2025

Aviation and Airlines
Aviation and Airlines Industry

Friday Take Away: 12 December 2025

The launch of the ‘Hub strategy’ programme will accelerate global commercialisation and licensing income from this manufacturer of autonomous...

Hybridan

SAFX: WTR Small-Cap Spotlight Recap

Initially drawn to piloting, Cooper moved to the business side of aviation with leadership roles at Chevron, Phillips 66, and Neste, and...

Water Tower Research

Adani Enterprises: NMIAL Commissioning Triggers Structural Rerating; Airports Drive Duration

NMIAL commissioning in Dec-25 boosts AEL's shift to airport earnings, leading to a rerating through FY27 with fair value of ₹2,750–3,000.

Rahul Jain

The Beat Ideas on GMR Airports: Soaring to New Heights with Record Traffic and Strong Growth

November 2025 saw record traffic of ~11.1 million passengers, up ~7.4% YoY, with Delhi leading at 7.3 million passengers, signaling growth and...

Sudarshan Bhandari

Primer: Singapore Airlines (SIA SP) - Dec 2025

Singapore Airlines (SIA) stands as a premier global airline, capitalizing on a dual-brand strategy with its mainline premium carrier and the...

αSK

Friday Take Away: 12 December 2025

The launch of the ‘Hub strategy’ programme will accelerate global commercialisation and licensing income from this manufacturer of autonomous...

Hybridan

SAFX: WTR Small-Cap Spotlight Recap

Initially drawn to piloting, Cooper moved to the business side of aviation with leadership roles at Chevron, Phillips 66, and Neste, and...

Water Tower Research

Adani Enterprises: NMIAL Commissioning Triggers Structural Rerating; Airports Drive Duration

​NMIAL commissioning in Dec-25 boosts AEL's shift to airport earnings, leading to a rerating through FY27 with fair value of ₹2,750–3,000.

Rahul Jain

The Beat Ideas on GMR Airports: Soaring to New Heights with Record Traffic and Strong Growth

​November 2025 saw record traffic of ~11.1 million passengers, up ~7.4% YoY, with Delhi leading at 7.3 million passengers, signaling growth and...

Sudarshan Bhandari

Primer: Singapore Airlines (SIA SP) - Dec 2025

Singapore Airlines (SIA) stands as a premier global airline, capitalizing on a dual-brand strategy with its mainline premium carrier and the...

αSK

NMIAL commissioning in Dec-25 boosts AEL's shift to airport earnings, leading to a rerating through FY27 with fair value of ₹2,750–3,000.

November 2025 saw record traffic of ~11.1 million passengers, up ~7.4% YoY, with Delhi leading at 7.3 million passengers, signaling growth and...