Every analysis, model, screen, and experiment — newest first. Each piece links its primary sources and, where there's a model, the workbook itself.
The five-piece launch corpus is being built from primary filings, in the order below. This page fills up as each piece clears the bar: primary sources only, every number verified, defensible line by line.
Business risk, financial risk, debt structure, coverage ratios, liquidity — credit view vs. the actual CRISIL/ICRA rating, with the spreading workbook attached.
Tariff, CUF, capex, debt sizing and DSCR sensitivities — downloadable Excel, assumptions stated.
Leverage, coverage and liquidity ratios in one clean, comparable table.
Term loans, IREDA, green bonds, InvITs — the financing stack explained.
Extracting covenants from annual reports with AI, checked line-by-line by hand, error rate reported honestly.