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

How the Iran War Disrupted India’s Summer Drinks Supply?

India-New Zealand FTA: What Lies Beneath The "Once-In-A-Generation" Agreement?

Varun Beverages: Africa Bets, Volume Surge, and a Summer Built for Growth

The Beat Ideas- Groww: A Game-Changer in India’s Digital Broking Space

Shadowfax Acquires High-Value Logistics Company CriticaLog

Privi Speciality Chemicals: A Differentiated Player in Aroma Chemicals

Ather Energy Cost Reset: Reducing Aluminium Dependency to Drive Profitability

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>Welspun Corp, a global pipe and infrastructure player, reported an order book of INR 24,700 crore, with ROCE at 24.4%, already above guidance.</li>
<li>Strong execution and a “local-in-market” strategy across the US and Saudi Arabia reduce tariff risks while capturing demand from LNG, AI data centers, and water infrastructure cycles.</li>
<li>With INR 1,831 crore EBITDA achieved (83% of FY26 guidance) and major capex commissioning by end-CY2026, earnings visibility is strong, though execution and demand recovery remain key factors to watch.</li>
</ul>


Welspun Corp, a global pipe and infrastructure player, reported an order book of INR 24,700 crore, with ROCE at 24.4%, already above guidance.
Strong execution and a “local-in-market” strategy across the US and Saudi Arabia reduce tariff risks while capturing demand from LNG, AI data centers, and water infrastructure cycles.
With INR 1,831 crore EBITDA achieved (83% of FY26 guidance) and major capex commissioning by end-CY2026, earnings visibility is strong, though execution and demand recovery remain key factors to watch.


Welspun Corp: From Pipes to Powering Global Infrastructure Growth