Market & Forensics Analyst, Beat the Street

Nimish Maheshwari

Nimish Maheshwari, an independent analyst and co-founder of Beat The Street, is an investing platform garnering more than 1,00,000+ followers across social media. 
His deep insights and forensic analysis have been featured in some of India's most prominent publications, including the Economic Times, The Morning Context, The Ken,  Dalal Street Investment Journal, Moneylife by Sucheta Dalal, and TheCore.in.
He has a keen eye for identifying red flags in Indian listed companies and has identified exclusive red flags earlier in Adani, Vedanta, Nykaa, Gland Pharma, Brightcom Group etc.

Market & Forensics Analyst

Thematic Report on Gold Loan Revolution: Formalizing the Sector for a Transparent Future

The Beat Ideas: Manappuram Finance: Gold Loan Growth, Ashirwad IPO Play

India Gold Loans: When Boom Meets a Price Correction

India's Guided Growth Playbook: 20 Companies Telling You Exactly Where They're Going

SML Mahindra Limited: How Mahindra's Parentage Can Rewrite the Fortune?

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)

India Financials / Thematic (Sector/Industry)

<ul>
<li>Gold loans have overtaken home loans by origination value, reaching ~39% of retail disbursals as of December 2025, with the portfolio growing 4x since March 2022 to ~INR3.38 lakh crore.</li>
<li>This is not a cyclical surge. Rising ticket sizes, broader geographic penetration, and tightening unsecured credit have together created a structural demand shift for gold-backed lending.</li>
<li>With RBI's tiered LTV framework live since April 2026, the real test is whether lenders, especially NBFCs, can sustain growth while absorbing tighter compliance costs and monitoring multiple-account borrowers.</li>
</ul>


Gold loans have overtaken home loans by origination value, reaching ~39% of retail disbursals as of December 2025, with the portfolio growing 4x since March 2022 to ~INR3.38 lakh crore.
This is not a cyclical surge. Rising ticket sizes, broader geographic penetration, and tightening unsecured credit have together created a structural demand shift for gold-backed lending.
With RBI's tiered LTV framework live since April 2026, the real test is whether lenders, especially NBFCs, can sustain growth while absorbing tighter compliance costs and monitoring multiple-account borrowers.


Gold Loan: How a Collateral-First Product Became India's Largest Retail Loan