Associate – Equity Research - Delhi,Mumbai

The Research Associate will work closely with Portfolio Managers and Research Analysts to conduct deep-dive research on potential investment opportunities. The candidate will support industry / stock analyses, financial modelling, primary research, and monitoring of companies and sectors to feed ideas into the investment process.

Key Responsibilities

• Perform industry analysis : assess key trends, competitive strategies of major players, market structure, growth drivers and risks.
• Benchmark operational & financial performance metrics of major industry players (e.g., margins, growth rates, asset turns, returns).
• Conduct detailed financial-statement analyses and valuation work : build and maintain financial models (income statements / balance sheets / cash flows), compute valuation (DCF, multiples, residual income, etc.).
• Monitor continuously : track news flow, business-model changes, quarterly / annual results of companies under coverage and their peers / suppliers / customers.
• Conduct primary research : meet with companies, competitors, suppliers, customers; listen to quarterly conference calls; prepare summary meeting / call notes.
• Produce research deliverables : draft write-ups, investment memos, note key findings and investment implications for the team.
• Assist in the preparation of presentations / reports for internal investment discussions and for the portfolio team.
• Work with senior team members to identify new ideas, update models and databases, maintain coverage universe.
• Stay abreast of macro-economic, regulatory and sector developments which may impact company / industry dynamics.

Qualifications & Skills

Preferred Attributes

Skills Required

Equity Research, equity research analysis , Associate, Mutual Funds, Mutual Funds Sales, Investment, Investment Analysis, Investing, Research, Portfolio Management, Equity Analysis, Business Analysis