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

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

The Beat Ideas: Astral ~ Leader in PVC Pipes, Riding the Restocking Cycle

The Beat Ideas: Prince Pipes- Margin Recovery and Market Expansion in Full Flow

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

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

The Beat Ideas: CARE Ratings- India’s Only Homegrown CRA Reclaims Its Edge

The Beat Ideas: Vinati Organics- A Niche Giant in Specialty Chemicals

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>
<a href="https://www.smartkarma.com/entities/finolex-industries-ltd" target="_blank" data-smartkarma-citation="entities:1469:1" rel="noopener">Finolex Industries (FNXP IN)</a> is a leading, vertically integrated Indian PVC manufacturer, the <strong>2nd largest in PVC resin and 3rd in pipes &amp; fittings</strong>, with captive production offering cost advantage.</li>
<li>Margin recovery in FY26 is targeted post headwinds faced by industry via pricing correction, improved product mix, enhanced discount management, and cost efficiency programs. </li>
<li>Potential ADD/BIS mandates mid-FY26 may curb Chinese imports, possibly enabling a <strong>5–10% domestic price increase</strong>, reshaping the market.</li>
</ul>



Finolex Industries (FNXP IN) is a leading, vertically integrated Indian PVC manufacturer, the 2nd largest in PVC resin and 3rd in pipes &amp; fittings, with captive production offering cost advantage.
Margin recovery in FY26 is targeted post headwinds faced by industry via pricing correction, improved product mix, enhanced discount management, and cost efficiency programs. 
Potential ADD/BIS mandates mid-FY26 may curb Chinese imports, possibly enabling a 5–10% domestic price increase, reshaping the market.


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