Market & Forensics Analyst, Beat the Street

Nimish Maheshwari

Market & Forensics Analyst

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

Equity Bottom-Up

Enviro Infra Engineers / Equity Bottom-Up

<ul>
<li>The company is in the business of designing, construction, operation and maintenance of water and wastewater treatment plants and supply schemes with all related services.</li>
<li>It has an order book worth Rs. 1906+ cr. as of June 30, 2024 and 750Cr+ of operation &amp; maintenance order book in their hand.</li>
<li>Company has in-house capability to build and design water plants which enhance the margins of the company vs its peers. </li>
</ul>


The company is in the business of designing, construction, operation and maintenance of water and wastewater treatment plants and supply schemes with all related services.
It has an order book worth Rs. 1906+ cr. as of June 30, 2024 and 750Cr+ of operation &amp; maintenance order book in their hand.
Company has in-house capability to build and design water plants which enhance the margins of the company vs its peers. 


Enviro Infra Engineers Limited IPO Analysis

India Equity Analyst - Fundamental & Thematic, Beat the Street

Sudarshan Bhandari

India Equity Analyst - Fundamental & Thematic

<ul>
<li>
<a href="https://www.smartkarma.com/entities/spml-infra-ltd" target="_blank" data-smartkarma-citation="entities:10767:1" rel="noopener">Spml Infra Ltd (SPML IN)</a> successfully restructuring its debt with NARCL and paid off ~30% of its debt from arbitral award as well as cash.</li>
<li>Promoters infused funds in last 3 years to strengthen the Balance Sheet to pay off the debt as well as bidding for upcoming projects. </li>
<li>Current order book of 2000Cr will be completed in 2-3 years, planning to bid for more than 10,000Cr worth of order.</li>
</ul>



Spml Infra Ltd (SPML IN) successfully restructuring its debt with NARCL and paid off ~30% of its debt from arbitral award as well as cash.
Promoters infused funds in last 3 years to strengthen the Balance Sheet to pay off the debt as well as bidding for upcoming projects. 
Current order book of 2000Cr will be completed in 2-3 years, planning to bid for more than 10,000Cr worth of order.


The Beat Ideas: SPML Infra Limited- A Water Infra Turnaround Candidate

Indian Accounting Research Analyst, Trudence Capital Advisors

Nitin Mangal

Indian Accounting Research Analyst

Trudence Capital Advisors

Trudence Capital Advisors Private Limited is a SEBI-registered Research Analyst, holding SEBI registration number INH000015747. Our firm is dedicated to providing independent and unbiased research on Indian mid to large-cap companies. Trudence Capital is known for its counter-consensus views, with a focus on forensic research and on-ground primary investigations. Our research approach is thorough, involving detailed analysis of accounting practices and governance, alongside extensive channel checks.

Independent & Unbiased Research

Equity Capital Markets

Vishnu Prakash R Punglia  / Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/vishnu-prakash-r-punglia-ltd" target="_blank" data-smartkarma-citation="entities:39839:1" rel="noopener">Vishnu Prakash R Punglia (1636911D IN)</a> IPO has opened for subscription.</li>
<li>The company operates in the EPC space with a prominence in Water Supply Projects and a strong geographic presence in Rajasthan.</li>
<li>The financials of the company should be looked at carefully, especially given the fact that margins are boosted by inventory, and there are plenty of RPT with the promoters.</li>
</ul>



Vishnu Prakash R Punglia (1636911D IN) IPO has opened for subscription.
The company operates in the EPC space with a prominence in Water Supply Projects and a strong geographic presence in Rajasthan.
The financials of the company should be looked at carefully, especially given the fact that margins are boosted by inventory, and there are plenty of RPT with the promoters.


Vishnu Prakash R Punglia Ltd IPO- Forensic Analysis

India

Vishnu Prakash R Punglia Limited provides construction services. The Company constructs roads, bridges, water dams, reservoirs, sewage treatment plants, over head tanks, warehouses, buildings, and pipeline. Vishnu Prakash R Punglia serves customers in India.

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Vishnu Prakash R Punglia (1636911D IN)

Enviro Infra Engineers Limited IPO Analysis

A company specializing in water and wastewater treatment plants has a strong order book and in-house design capabilities, boosting margins...

Nimish Maheshwari

The Beat Ideas: SPML Infra Limited- A Water Infra Turnaround Candidate

Spml Infra Ltd restructures debt, pays off 30% with arbitral award and cash, promoters infuse funds to strengthen balance sheet for upcoming...

Sudarshan Bhandari

Vishnu Prakash R Punglia Ltd IPO- Forensic Analysis

The financials of the company should be looked at carefully, especially given the fact that margins are boosted by inventory, and there are plenty...

Nitin Mangal

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Enviro Infra Engineers Limited IPO Analysis

​A company specializing in water and wastewater treatment plants has a strong order book and in-house design capabilities, boosting margins...

Nimish Maheshwari

The Beat Ideas: SPML Infra Limited- A Water Infra Turnaround Candidate

​Spml Infra Ltd restructures debt, pays off 30% with arbitral award and cash, promoters infuse funds to strengthen balance sheet for upcoming...

Sudarshan Bhandari

Vishnu Prakash R Punglia Ltd IPO- Forensic Analysis

The financials of the company should be looked at carefully, especially given the fact that margins are boosted by inventory, and there are plenty...

Nitin Mangal

A company specializing in water and wastewater treatment plants has a strong order book and in-house design capabilities, boosting margins...

Spml Infra Ltd restructures debt, pays off 30% with arbitral award and cash, promoters infuse funds to strengthen balance sheet for upcoming...