India Equity Analyst - Fundamental & Thematic, Beat the Street

Sudarshan Bhandari

India Equity Analyst - Fundamental & Thematic

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

Thematic (Sector/Industry)

<ul>
<li>Bangladesh, India's <strong>2nd largest trading partner</strong> in Asia is under a political crisis leading to instability and uncertainty. </li>
<li>Companies impacted by Bangladesh Crisis in India across sectors and across market caps listed below. </li>
<li>There might be short-term impact, but in long run, there would not be much impact as overall exposure is not that much.</li>
</ul>


Bangladesh, India's 2nd largest trading partner in Asia is under a political crisis leading to instability and uncertainty. 
Companies impacted by Bangladesh Crisis in India across sectors and across market caps listed below. 
There might be short-term impact, but in long run, there would not be much impact as overall exposure is not that much.


Bangladesh Chaos: Impact on Indian Companies

Market & Forensics Analyst, Beat the Street

Nimish Maheshwari

Market & Forensics Analyst

Event-Driven

<ul>
<li>Global sourcing is being reset by China+1 strategies, geopolitical diversification and new market access. </li>
<li>The UK-India FTA entered into force on 15 July 2026, while India is simultaneously building integrated textile parks and expanding incentives for MMF and technical textiles. </li>
<li>India has textile ecosystems capable of retaining value from fibre to finished product. It has 43% of US home-textile imports, but remains near 3% of global apparel trade.</li>
</ul>


Global sourcing is being reset by China+1 strategies, geopolitical diversification and new market access. 
The UK-India FTA entered into force on 15 July 2026, while India is simultaneously building integrated textile parks and expanding incentives for MMF and technical textiles. 
India has textile ecosystems capable of retaining value from fibre to finished product. It has 43% of US home-textile imports, but remains near 3% of global apparel trade.


India Textiles: From Fibre Powerhouse to Global Sourcing Leader

Equity Bottom-Up

<ul>
<li>Kusumgar Ltd., <strong>a niche engineered fabrics manufacturer</strong>, launched its <strong>INR 650 crore IPO</strong>, <strong>entirely as an Offer for Sale</strong>, opening on <strong>8 July 2026</strong>.</li>
<li>The company operates in <strong>high-entry-barrier technical textiles</strong>, driven by material science, qualification cycles, custom fabric engineering and defence-led demand.</li>
<li>At <strong>~45x FY26 earnings</strong>, the IPO needs sustained margins, export growth and recovery after FY26 revenue softness.</li>
</ul>


Kusumgar Ltd., a niche engineered fabrics manufacturer, launched its INR 650 crore IPO, entirely as an Offer for Sale, opening on 8 July 2026.
The company operates in high-entry-barrier technical textiles, driven by material science, qualification cycles, custom fabric engineering and defence-led demand.
At ~45x FY26 earnings, the IPO needs sustained margins, export growth and recovery after FY26 revenue softness.


Kusumgar Ltd IPO: A Scarcity-Value Defence Fabrics Play, But Not a Cheap Entry

Making sense of the Global Market, Euromonitor International Ltd.

Yu Mitsuhashi

Making sense of the Global Market

Euromonitor International Ltd.

We are a global market research company focused on industries, countries, economies and consumers worldwide. Our cross-country comparable research helps your organisation identify opportunities and develop growth strategies in countries and regions across the globe. With offices around the world, 1,200 analysts in 100 countries and market research on every key trend and driver, we give you powerful access to the real story behind consumer change.

<ul><li>Value sales of menswear rise by 13% to reach INR1.5 trillion in 2017</li><li>Social media increasingly influences men’s dressing trends and styling</li><li>From a small base men's swimwear registers the fastest value growth of 26% in 2017, to reach sales worth INR4.1 billion</li><li>Aditya Birla Fashion &amp; Retail leads menswear with a 3% value share in 2017</li><li>Retail value sales of menswear are expected to rise at a CAGR of 8% at constant 2017 prices over the forecast period to reach INR2.2 trillion in 2022</li></ul>

Value sales of menswear rise by 13% to reach INR1.5 trillion in 2017Social media increasingly influences men’s dressing trends and stylingFrom a small base men's swimwear registers the fastest value growth of 26% in 2017, to reach sales worth INR4.1 billionAditya Birla Fashion &amp; Retail leads menswear with a 3% value share in 2017Retail value sales of menswear are expected to rise at a CAGR of 8% at constant 2017 prices over the forecast period to reach INR2.2 trillion in 2022

India focused Portfolio Advisory - Exp of 40+years, Das Capital Management and Advisors

Arun Thirumalai

India focused Portfolio Advisory - Exp of 40+years

Das Capital Management and Advisors

Das Capital is a research boutique with an aim to continuously map and plan the investment needs of investors focused on India. We have a six member research team with a combined experience of over 40 years as a part of our investment wing. Our team assisted in the setup of Premji Investments, which was one of India’s first family offices focused to managing Mr.Azim Premji personal wealth. We also serve as a research team to two Indian private equity energy funds “Small is Beautiful” and “KSK Emerging India Energy Fund”.

<div class="content-highlight"><h2><strong>Market Overview</strong></h2></div><p>The S&amp;P BSE Sensex and CNX NIFTY rose 2.1% and 3.4% respectively from 14 Feb-14March 2017.</p><ul>
<li>The market witnessed a steady rise post budget as fears of an extension of holding period for long-term capital gains in Budget 2017 proved unfounded. The Government kept the fiscal deficit target of FY18 at 3.2%, a positive signal for markets.</li>
<li>The rally was further accentuated post a massive win for the Bharatiya Janata Party in the states of Uttar Pradesh and Uttarakhand. Winning a major…</li>
</ul>

Market OverviewThe S&amp;P BSE Sensex and CNX NIFTY rose 2.1% and 3.4% respectively from 14 Feb-14March 2017.
The market witnessed a steady rise post budget as fears of an extension of holding period for long-term capital gains in Budget 2017 proved unfounded. The Government kept the fiscal deficit target of FY18 at 3.2%, a positive signal for markets.
The rally was further accentuated post a massive win for the Bharatiya Janata Party in the states of Uttar Pradesh and Uttarakhand. Winning a major…


Market Outlook- Massive Victory for BJP in State Elections to Accentuate Reforms

India

Arvind, Ltd. manufactures cotton textiles. The Company's products include indigo dyed denim fabrics and high quality cotton fabrics for shirts and pants. Arvind also has a network of overseas subsidiaries for manufacturing and marketing its products.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Arvind Ltd (ARVND IN)

Bangladesh Chaos: Impact on Indian Companies

Political crisis in Bangladesh is causing instability, impacting India's 2nd largest trading partner in Asia. Companies may see short-term...

Sudarshan Bhandari

India Textiles: From Fibre Powerhouse to Global Sourcing Leader

Global sourcing is evolving with China+1 strategies and geopolitical diversification, while India strengthens its textile industry with new market...

Nimish Maheshwari

Kusumgar Ltd IPO: A Scarcity-Value Defence Fabrics Play, But Not a Cheap Entry

Niche engineered fabrics manufacturer Kusumgar Ltd. launches INR 650 crore IPO entirely as Offer for Sale, targeting high-entry-barrier technical...

Sudarshan Bhandari

Sector Capsule: Menswear in India

Value sales of menswear rise by 13% to reach INR1.5 trillion in 2017 Social media increasingly influences men’s dressing trends and styling From a...

Euromonitor International Ltd.

Market Outlook- Massive Victory for BJP in State Elections to Accentuate Reforms

Market OverviewThe S&P BSE Sensex and CNX NIFTY rose 2.1% and 3.4% respectively from 14 Feb-14March 2017. The market witnessed a steady rise...

Das Capital Management and Advisors

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Bangladesh Chaos: Impact on Indian Companies

​Political crisis in Bangladesh is causing instability, impacting India's 2nd largest trading partner in Asia. Companies may see short-term...

Sudarshan Bhandari

India Textiles: From Fibre Powerhouse to Global Sourcing Leader

​Global sourcing is evolving with China+1 strategies and geopolitical diversification, while India strengthens its textile industry with new market...

Nimish Maheshwari

Kusumgar Ltd IPO: A Scarcity-Value Defence Fabrics Play, But Not a Cheap Entry

​Niche engineered fabrics manufacturer Kusumgar Ltd. launches INR 650 crore IPO entirely as Offer for Sale, targeting high-entry-barrier technical...

Sudarshan Bhandari

Sector Capsule: Menswear in India

Value sales of menswear rise by 13% to reach INR1.5 trillion in 2017 Social media increasingly influences men’s dressing trends and styling From a...

Euromonitor International Ltd.

Market Outlook- Massive Victory for BJP in State Elections to Accentuate Reforms

Market OverviewThe S&P BSE Sensex and CNX NIFTY rose 2.1% and 3.4% respectively from 14 Feb-14March 2017. The market witnessed a steady rise...

Das Capital Management and Advisors

Political crisis in Bangladesh is causing instability, impacting India's 2nd largest trading partner in Asia. Companies may see short-term...

Global sourcing is evolving with China+1 strategies and geopolitical diversification, while India strengthens its textile industry with new market...

Niche engineered fabrics manufacturer Kusumgar Ltd. launches INR 650 crore IPO entirely as Offer for Sale, targeting high-entry-barrier technical...