Weekly
One page on a single company — what the business is, what the accounts say, what the filing discloses and what it leaves out. Published as we read them, roughly one a week.
A Rs 472 crore Indian cloud provider listed on 4 September with a USD 1.25 billion, five-year AI-compute contract in Australia already signed - five times its revenue - and a prospectus that names neither the counterparty nor who pays whom. The counterparty, Sharon AI, has filed the contract with the SEC: ESDS is the buyer, and the customer paying ESDS is still unnamed.
The world's largest single-location graphite electrode plant is funding a Rs 2,200 crore bet on battery materials — and the FY26 annual report answers almost none of the questions that would let you underwrite it.
A ₹19,400 crore order book and net cash for a seventh year — against revenue up 21% while operating profit fell 17%, and 233 days of receivables.