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>Kellanova wrapped up its first and only year as an independent entity with a strong fourth-quarter performance, reporting 7% organic sales growth and a 200-basis-point improvement in adjusted operating margins to 14.3%.</li><li>The company’s success was largely driven by its strategic expansion into the high-growth snacking category, which now accounts for 60% of sales, and its increased presence in emerging markets, contributing 30% of revenue.</li><li>While sales in North America, which make up about half of the company’s revenue base, fell 1.5% due to lower prices and an unfavorable product mix, Kellanova offset this with impressive gains abroad, including 5.5% organic growth in Latin America and more than 36% growth in Asia, the Middle East, and Africa.</li></ul>

Kellanova wrapped up its first and only year as an independent entity with a strong fourth-quarter performance, reporting 7% organic sales growth and a 200-basis-point improvement in adjusted operating margins to 14.3%.The company’s success was largely driven by its strategic expansion into the high-growth snacking category, which now accounts for 60% of sales, and its increased presence in emerging markets, contributing 30% of revenue.While sales in North America, which make up about half of the company’s revenue base, fell 1.5% due to lower prices and an unfavorable product mix, Kellanova offset this with impressive gains abroad, including 5.5% organic growth in Latin America and more than 36% growth in Asia, the Middle East, and Africa.

Kellanova: Pringles, Cheez-It, and the Global Snack Wars—What’s at Stake?

Kellogg Co

Kellanova: Pringles, Cheez-It, and the Global Snack Wars—What’s at Stake?