Independent research on the U.S. markets, Baptista Research

Baptista Research

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. 

We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>FTAI Aviation reported a strong first quarter of 2026, demonstrating growth across its Aerospace Products, Strategic Capital (Aviation Leasing), and Power segments amid a complex geopolitical and market environment.</li><li>The Aerospace Products segment showed notable momentum with revenue growth accelerating 104% year-over-year and 32% quarter-over-quarter, driven by increasing market share—from 10% to 12%—and rising demand for engine solutions surrounding the CFM56 and V2500 engines.</li><li>Production volumes nearly doubled from the prior year, with 270 CFM56 modules refurbished in Q1, contributing to a 70% year-over-year increase in adjusted EBITDA to $223 million and a 30% EBITDA margin.</li></ul>

FTAI Aviation reported a strong first quarter of 2026, demonstrating growth across its Aerospace Products, Strategic Capital (Aviation Leasing), and Power segments amid a complex geopolitical and market environment.The Aerospace Products segment showed notable momentum with revenue growth accelerating 104% year-over-year and 32% quarter-over-quarter, driven by increasing market share—from 10% to 12%—and rising demand for engine solutions surrounding the CFM56 and V2500 engines.Production volumes nearly doubled from the prior year, with 270 CFM56 modules refurbished in Q1, contributing to a 70% year-over-year increase in adjusted EBITDA to $223 million and a 30% EBITDA margin.

FTAI Aerospace: Is Its Overhaul And Repair Expansion The Hidden Driver Wall Street Should Watch?