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

Syrma SGS's Strategic Foray into Defence Electronics: Elcome and Navicom Acquisitions

JSW Cement: The Green Giant’s Blueprint for Aggressive Expansion and Margin Re-Rating

The Beat Ideas: Sunshield Chemicals - Niche Chemistry Leadership Anchored by Promoter Expertise

Thematic Report on PSB Consolidation 2.0: UBI-BoI Merger Signals India's Push for Global-Scale Banks

The Beat Ideas: Shivalik Rasayan: Does USFDA Approval Marks a New Growth Chapter?

Blackstone Boosts Federal Bank’s Capital: Strengthening CET-1 for Future Growth

Thematic Report: Aluminum's Growth Story- Investing in the Future of Essential Metals

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

<ul>
<li>Dharmaj Crop Guard had commissioned its INR 275 crore Active Ingredients (AI) plant, cementing its transformation from a formulations-only company to a fully integrated AgroChem player. 
</li>
<li>This strategic backward integration provides a massive new growth lever. However, it came at a short-term cost, as "front-loaded expenses" resulting in EBITDA losses from new plant last year.</li>
<li>With the new plant's losses absorbed, Dharmaj is positioned to leverage its integrated model, a pan-India distribution network, to pursue its ambition of becoming a 2,000 crore company by 2030.</li>
</ul>


Dharmaj Crop Guard had commissioned its INR 275 crore Active Ingredients (AI) plant, cementing its transformation from a formulations-only company to a fully integrated AgroChem player. 

This strategic backward integration provides a massive new growth lever. However, it came at a short-term cost, as "front-loaded expenses" resulting in EBITDA losses from new plant last year.
With the new plant's losses absorbed, Dharmaj is positioned to leverage its integrated model, a pan-India distribution network, to pursue its ambition of becoming a 2,000 crore company by 2030.


The Beat Ideas: Dharmaj Crop Guard - From Capex Drag to Operating Leverage Propellant