The portfolio is like a bar of soap, the more you handle it, the smaller it gets.

Even at 823/SH it is trading at 112 PE, 3400cr MCAP for 34cr PAT seems excessive. Just at the first look, couple of things stand out.

1. While 90% revenue is from drone sales, there is inventory of 623 days? Worth looking into it
2. Normally such companies make more money from post sales services / additional revenue drivers from same customer – while that did grow from 0.3 to 0.5%; it does feel smallish to begin with.

Titan EyeX 2.0 – Introducing Gen2 Smart Glasses

This is super exciting, taking technology to next level.

Also see lemon tree as this one is fast growing and adding more rooms regularly

I do have monthly SIPs as well & Parag Parikh being one of the funds in them. I do also have a few stocks in my watchlist and waiting for some margin of safety for example 15% – 20% price correction. It isn’t exactly a stock SIP but investing everytime in a certain high growth stocks of my preference whenever there is a good price correction.

I have been investing in MFs for slightly less than 2 years & absolute returns are around 11%. I have recently started researching and studying about direct stocks. SOIC being one of the main sources of my study. Although I am not 100% confident to beat the index or even emulate MF returns. I am not averse to risk taking and just trying to expirement for say next 2-3 years how much returns can I gather by investing directly in stocks.

Thank you so much for your inputs. It makes more sense if I invest in both SIP & direct stocks and evalaute their returns after a few years. It will give me more confidence in terms of what would be my ideal investment option.