Our research division is dedicated to industry and company-specific equity research, with a focus on the midcap segment. We do cover mainstream companies as well in our broad spectrum of research. Research is driven by a 15-member core team comprising experienced analysts who create sustainable, selective and scalable reports for our institutional clients.
Our Research Philosophy
We place great emphasis on identifying niche businesses through differentiated and value added research. We have proven capabilities in identifying successful midcap stories left in obscurity and companies which are difficult to cover. Our prime concern is quality and scalability followed by liquidity.
Our proficiency in fundamental research has enabled us to create immense value for our stakeholders by identifying undervalued companies. We invest considerable time in carrying out ground-level research and conducting lateral checks apart from understanding the finer nuances of company businesses.
Niche undiscovered ideas -relatively obscure stocks or those not being covered regularly on the street
Businesses generating real earnings- operating sustained cash-flows without any compromise
Businesses that can bounce back positive free cash-flow from a present crisis. Those with strong possibilities of cash-flow turnaround. Key economic parameters like efficiency of capital
ROE/ROCE assume critical importance in the selection of businesses for our coverage. Businesses with sustainable competitive advantages and leadership positions
Growth is not the sole factor for us to own equity in a business. We do not aim to cover astounding stories trading at high multiples
Valuation is the key enabler in deciding our coverage. Several valuation methodologies are evaluated by us, though we may eventually choose only one