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

Narayana Hrudayalaya: A Quarter of Record Performance and Strategic Expansion

Khazanchi Jewellers: Scaling Wholesale Strength and Building Retail for the Future

The Beat Ideas: Welspun Corp - The Three-Continent Infrastructure Proxy, Rerating Beyond Cyclicality

The Beat Ideas: Shriram Finance - Steering Steady Through Change, Poised for the Next Growth Wave

The Beat Ideas: Nuvama Wealth – India’s Affluence Story at the Right Price?

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

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

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>Canara Bank reported a robust Q2 FY26, defying sector-wide headwinds. The headline surprise was the sharp asset quality improvement, with GNPA collapsing to 2.35% and NNPA at a pristine 0.54%. 
</li>
<li>The bank has successfully pivoted from "balance sheet repair" to "sustainable compounder." While NII is flat, the bank is offsetting this with volume growth and 42% jump in non-interest income.</li>
<li>With the "bad bank" legacy officially buried(PCR &gt;93%), the narrative now shifts to value unlocking. The listing of subsidiaries and the decline in credit costs makes the current valuation attractive.</li>
</ul>


Canara Bank reported a robust Q2 FY26, defying sector-wide headwinds. The headline surprise was the sharp asset quality improvement, with GNPA collapsing to 2.35% and NNPA at a pristine 0.54%. 

The bank has successfully pivoted from "balance sheet repair" to "sustainable compounder." While NII is flat, the bank is offsetting this with volume growth and 42% jump in non-interest income.
With the "bad bank" legacy officially buried(PCR &gt;93%), the narrative now shifts to value unlocking. The listing of subsidiaries and the decline in credit costs makes the current valuation attractive.


The Beat Ideas: Is Canara Bank’s Compounder Thesis Intact Amid NIM Compression?