Consumer Analyst / Channel Surveillance Specialist, Trudence Capital Advisors

Pranav Bhavsar

Pranav Bhavsar & the team at India Independent Insight (Iii), provide research on consumer companies operating or have exposure to in India. The research methodology focuses on carrying out on-the-ground channel surveillance/checks that include supplier/distributor/customer interactions, access to industry experts, and bespoke primary data sources that aid in providing unique insights and counter consensus ideas.  

Leveraging the team's forensic analysis along with channel surveillance, the team at Iii also aids investors in early identification of changing consumer trends, identification and quantification of accounting/governance risks, and the associated impact on the business model of the company.

Pranav has over 15 years of experience in the Indian equity market, and has worked with some of the global activists, long only and PE funds for their India projects. Prior roles also include building and leading an institutional sell-side desk. In his free time, Pranav is a traveler, biker, and a young Indian contributing to the country’s social and economic development.

Consumer Analyst / Channel Surveillance Specialist

Eicher Motors (EIM IN) | Royal Enfield Studio Visit - Disrupted Dreams

Eicher (Royal Enfield): Spreading Itself Thin in the Face of Maturing Product Cycle

India Channel Insight | Maruti, Hyundai, Tata Motors, Eicher, Ola Electric

Eicher Motors (EIM IN) | BS6 Checks and Q4 Volume Outlook

India Autos (2Ws) | Key Takeaways from Channel Interactions

ASA Capital Management

ASA Capital Management is a boutique Research and Investment Advisory firm focusing on primary research in India. ASA provides bespoke research services to Institutional Clients with a focus on due diligence backed with primary research, Field Trips & Channel Checks.

Equity Bottom-Up

In this Insight, we present our takeaways for <a href="https://www.smartkarma.com/entities/eicher-motors-ltd" target="_blank" data-smartkarma-citation="entities:18316:1" rel="noopener">Eicher Motors (EIM IN)</a> from <a href="https://www.smartkarma.com/entities/harley-davidson-inc" target="_blank" data-smartkarma-citation="entities:4386:1" rel="noopener">Harley Davidson (HOG US)</a> Q1's earnings release and its "Rewire Program" that it plans to implement to ride through the current crises.
Drawing cues from HOG US, we believe EIM IN should have a focused approach to ride this downturn through and will be one of the most anticipated part of the commentary for this quarter.
EIM IN's new product strategy along with an increasing focus on accessories, merchandise and e-commerce enablement for motorcycles could help it lead the pack when the broader consumer demand revives.  However, the uncertainty and how the broader consumer demand will revive remains a key unanswered question.

In this Insight, we present our takeaways for Eicher Motors (EIM IN) from Harley Davidson (HOG US) Q1's earnings release and its "Rewire Program" that it plans to implement to ride through the current crises.
Drawing cues from HOG US, we believe EIM IN should have a focused approach to ride this downturn through and will be one of the most anticipated part of the commentary for this quarter.
EIM IN's new product strategy along with an increasing focus on accessories, merchandise and e-commerce enablement for motorcycles could help it lead the pack when the broader consumer demand revives.  However, the uncertainty and how the broader consumer demand will revive remains a key unanswered question.

Eicher Motors (EIM IN) | Potential "Rewire" To Watch Out for in Q4 Earnings Call