Independent research on the U.S. markets, Baptista Research

Baptista Research

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. 

We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Carpenter Technology delivered a second quarter fiscal year 2026 performance marked by record operating income and expanding operating margins, driven primarily by strong demand in the aerospace and defense markets.</li><li>Operating income reached $155 million, a 31% increase year-over-year and slightly above the prior quarter, supported by the Specialty Alloys and Operations (SAO) segment’s adjusted operating margin expanding to a record 33.1%.</li><li>This marked the sixteenth consecutive quarter of margin expansion for SAO, reflecting effective production scheduling, productivity improvements, cost management, and product mix optimization.</li></ul>

Carpenter Technology delivered a second quarter fiscal year 2026 performance marked by record operating income and expanding operating margins, driven primarily by strong demand in the aerospace and defense markets.Operating income reached $155 million, a 31% increase year-over-year and slightly above the prior quarter, supported by the Specialty Alloys and Operations (SAO) segment’s adjusted operating margin expanding to a record 33.1%.This marked the sixteenth consecutive quarter of margin expansion for SAO, reflecting effective production scheduling, productivity improvements, cost management, and product mix optimization.

카펜터 테크놀로지: 엔진 주문량이 급증하고 있지만, 항공우주 산업의 호황에 대비한 공급망은 준비되어 있을까요?