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

Charted Insights: NBFCs Continue to Outpace Industry Credit Growth — Stronger, Faster, Deeper

Beat Ideas : Godawari Power & Ispat; From Commodity Steel to Energy Storage & Metal Recycling

R Systems Acquires Novigo : EPS Accretive, Margin Dilutive or Capability Transformative

Thematic Report : Impact of Rate Cuts on Profitability of NBFCs and HFCs in India

Charted Insights : India's Corporate Profit-To-GDP Ratio: A Structural Shift

Thematic Report: Indian Pipe Sector Turnaround

Charted Insights: Capex Revival in India Inc; Which Sectors Are Leading the Investment Cycle?

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

Thematic (Sector/Industry)

India Capital markets / Thematic (Sector/Industry)

<ul>
<li>BSE500 PAT growth slowed over 50% to 10%, not demand-led, with revenue stable below 10% This warrants careful sectoral positioning due to cost-driven margins.</li>
<li>Pharma, FMCG, Paints are at peak 10-year margins, offering limited upside. Durables, Chemicals, Cement, QSR offer margin potential if demand improves.</li>
<li>Persistent EPS downgrades across key sectors like Export Auto (-11%), Non-lending Financials (-7%), Apparel/Retail (-6%), and Pharmaceuticals imply stretched valuations whereas telecom and consumer services avoided negative revision of EPS. </li>
</ul>


BSE500 PAT growth slowed over 50% to 10%, not demand-led, with revenue stable below 10% This warrants careful sectoral positioning due to cost-driven margins.
Pharma, FMCG, Paints are at peak 10-year margins, offering limited upside. Durables, Chemicals, Cement, QSR offer margin potential if demand improves.
Persistent EPS downgrades across key sectors like Export Auto (-11%), Non-lending Financials (-7%), Apparel/Retail (-6%), and Pharmaceuticals imply stretched valuations whereas telecom and consumer services avoided negative revision of EPS. 


S&P BSE SENSEX Index (SENSEX INDEX EQUITY)

Charted Insights: 2025年度決算後のインドのセクター別ポジショニングの評価