India Equity Analyst - Fundamental & Thematic, Beat the Street

Sudarshan Bhandari

India-focused Independent Equity Research Analyst

Experienced (7 years +) in Sector-Specific Deep Dives and Comprehensive Company Research.

With a sharp focus on the Indian market, I specialize in providing in-depth analysis and insights to investors. Whether it's dissecting various sectors to identify emerging trends or conducting thorough fundamental research on individual companies, I'm dedicated to uncovering valuable opportunities and delivering actionable intelligence.

Passionate about navigating the nuances of the Indian equity landscape, I thrive on deciphering complex market dynamics and distilling them into clear, concise insights. 

While covering a sector or company-specific research, I cover the following :
1. Brief about company/sector
2.  Overall Industry landscape - History, Present and Future trends
3. Thesis and Anti-Thesis
4. Valuations
5. Financial & Forensic Analysis
6. Management Review
7. Key Monitorable Events
8. Guidance and Future Way Ahead

India Equity Analyst - Fundamental & Thematic

The Beat Ideas: Finolex Industries Ltd ~ Vertically Integrated PVC Manufacturer

Godawari Power and Ispat Limited: Capacity Expansion and ESG Focus Drive Future Growth

Time Technoplast Limited: Value-Added Products and Composites Drive Strong Performance

The Beat Ideas: Samhi Hotels, A Strategic Play on India's Premium Hotels

The Beat Ideas: Adani Cements:  Massive 140 MTPA Capacity Expansion, A Roadmap to FY28

The Beat Ideas: InterGlobe Aviation- Growth Via Fleet Expansion and International Ambitions

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

Equity Bottom-Up

Bajaj Consumer Care Limited / Equity Bottom-Up

<ul>
<li>
<a href="https://www.smartkarma.com/entities/bajaj-consumer-care-limited" target="_blank" data-smartkarma-citation="entities:6907:1" rel="noopener">Bajaj Consumer Care Limited (BJCOR IN)</a> operates in the position in light hair oil through its flagship brand Almond Drops with a 65% market share in this category.</li>
<li>In FY25, revenue grew 3.2% YoY to INR 2.4 bn, but EBITDA fell 9.6% and PAT declined 15.6% due to copara(RM) price surge and high employee cost.</li>
<li>Management expects ADHO to rebound with rural demand recovery, while Coconut Oil and skin-care extensions continue to expand the non-ADHO portfolio base aiming 40% share from current 20% in revenue.</li>
</ul>



Bajaj Consumer Care Limited (BJCOR IN) operates in the position in light hair oil through its flagship brand Almond Drops with a 65% market share in this category.
In FY25, revenue grew 3.2% YoY to INR 2.4 bn, but EBITDA fell 9.6% and PAT declined 15.6% due to copara(RM) price surge and high employee cost.
Management expects ADHO to rebound with rural demand recovery, while Coconut Oil and skin-care extensions continue to expand the non-ADHO portfolio base aiming 40% share from current 20% in revenue.


The Beat Ideas: Bajaj Consumer ~ A Turnaround Play Through Non- ADHO Business