Investment Research

Understanding the industry and its competitive environment, challenges, regulatory framework, key players, and growth prospects, is vital as the industry is the ultimate environment in which the business grows. Industry trends keep evolving making it necessary to improvise the research methodology over time. Our team of analysts uses a high-quality research methodology and has exposure and knowledge over a wide variety of sectors. This also aids in identifying the key sector trends and preparing comprehensive sector research reports.

Drilling down further, after studying the industry, detailed company research help understand the survival probability of the company’s business model and competitive position considering its industry prospects. For detailed company research, we comprehensively study the company’s business model, competitive landscape, management team, financial performance, valuation, investment risks, and future growth drivers and opportunities.

Analyzing and forecasting a company’s financial performance is not a cakewalk. Selecting and analyzing relevant financial information from a huge pool of available public information and renowned databases requires high-quality skills. Decoding the financials and understanding exactly how the company is performing internally carries the real essence of forecasting future financial performance. The external performance includes performing a short valuation of the company’s business and stock along with a peer company analysis. Our team members have an expertise to use automated renowned databases that enhance the financial evaluation process and results.

Coverage initiation on a stock helps traders and fund managers study investors’ inclination toward that particular stock. Coverage initiation and its continuous updating will automatically attract more attention resulting in higher trading volumes. We assist sell-side analysts to initiate coverage on listed stocks over all sectors and geographies. We also provide timely updates to these coverages initiated on the portfolio of stocks, to both buy-side as well as sell-side clients.

To stay up to date with the capital markets, a regular study helps to be on the toes and remain one step ahead. We provide regular services in terms of periodic articles and newsletters that summarize sectors or markets. 

Preparation of Investment Committee Notes - The Investment Committee stands in a requisite position in any company, as they have the huge responsibility of managing the company’s investment portfolio. Regular updates by investment committees help in analyzing the company’s investment strategies. We assist buy-side firms in preparing Investment Committee Notes emphasizing important discussions and decisions taken by the company’s investment committee.    

Intrinsic value is a critical component of the assessment of stock for investment purposes. Our expert team has the skills to build from simple to complex financial models, which involve forecasting future cash flows. We use several methods such as Discounted Cash Flow (DCF) in arriving at the intrinsic value of an equity.

Financial Modeling is used in several areas like risk management, valuation of a company, valuation of assets, mergers and acquisitions, budgeting and forecasting, capital allocation, and raising capital. We initiate detailed financial models that involve financial forecasts taking into consideration consensus estimates, relevant growth drivers, risk assumptions, historical financial performance, and projected financial growth. We update the financial models during earning seasons to maintain consistency and increase accuracy over time.

In this dynamic global macro environment, we understand the importance of conducting scenario and sensitivity analysis, in order to enhance the decision-making process and assessing potential risk. Our financial models provide clear, understandable and detailed scenario as well as sensitivity analysis for formation of better investment decisions.

Mergers and Acquisitions is a complex process which involves a step-by-step approach from deal initiation to deal execution. Valuation of the target firm is a skillful and complex part as the very base of M&A lies in the acquiring company’s value. Under our financial analysis and valuation services, our experienced team provides services supporting target firm valuation. Along with specializing in the valuation of firms, we also provide support for deal execution. 

Intellectual Property Valuation plays an important role as Intellectual Property is a very important and major component of the price for selling and purchasing of companies. IPR Valuation is also needed during mergers, acquisitions, solvency transactions, and other finance areas. As IPRs are unique and original to a specific business valuation, valuing them needs a different skill set. Our team possesses high-quality skills and helps clients in arriving at a justified IP valuation.

With our in-depth research capabilities, we seek to identify the best investment opportunities that involve macro and fundamental analysis. Our strategies focus on maximization of total return as well as potential capital appreciation. The investment opportunity set is evaluated using techniques like sovereign analysis, currency as well as interest rate and yield curve analysis, and credit analysis.

Following an approach of flexible support helps us to reach more clients. In addition to our own strategies, we also provide support for investments in structured finance, leverage finance, US public finance, money markets, and convertibles. We also provide services relating to rating recommendations, covenant analysis, structured credit research, and preparation of investment committee notes.

Cash flow modeling in fixed income is often considered tiresome and difficult. It includes some complex cash flow structures for loans and receivables. Investors struggle to understand the valuation of their portfolios and the impact of changes in the performance of these assets on their portfolios. We strive to make it easier by providing support services to investment bankers and sell-side firms for the preparation of credit reports and cash flow models for investment grade, high yield, and distressed debt which include financial projections, earnings reviews, detailed presentations, and sensitivity as well as scenario analysis.

To execute right investment decisions at right time, it is essential to keep a track on the new developments as well as changes in regulations in fixed income/credit research markets. We prepare periodic summaries of news updates as well as provide insights on various fixed income products and overall macro-economic outlook.

Hedge fund advisors and asset management companies deploy higher skills to reduce/remove market exposure and generate good returns despite the market movement. Our analyst team provides end-to-end support solutions to asset management, independent money management companies, and hedge fund advisors from generating investment ideas to compliance and performance monitoring. 

Hedge fund financial modeling holds an important place in making the most risk-minimized hedge fund financial investment strategies that have minimum risks with such high-risk investment portfolios. It requires a strong analytical and research skill set. Our services include the preparation of financial models which are created using various techniques such as DCF valuation, relative valuation, and sector-specific valuation along with sensitivity and scenario analysis. For evaluating hedge fund performance, we use performance measures like Beta, Alpha, Sharpe ratio, and Information Ratio. 

As hedge funds cater to high net worth and institutional investors, they ought to be tracked for improvisation according to the changing market conditions. We track daily news and updates regarding hedge fund investing and provide informative articles to make better investing decisions.

Hedge fund compliance is gaining increasing importance as it has become a crucial component for hedge funds, their service providers, and allocators. We are keen on providing high-quality hedge fund compliance services which are going to play an important role in the hedge fund space. 

Deal sourcing, execution, and monitoring support for Private Equity and Venture Capital across the investment life cycle.

Support to identify the investment targets, company profiling, teasers, industry overview etc.

Support for analysis of investment targets, valuation using DCF, comparable company analysis, etc.; industry drivers, due diligence support etc.

Support for tracking the performance of portfolio companies, variance analysis, reasons for underperformance etc. 

Support to drive growth at portfolio companies: Revenue growth, cost reduction initiatives, process optimization, competitive intelligence etc.

Build valuation model for the portfolio company to justify valuation to potential buyers, track deal activities in the sector to understand valuation range, pitchbooks, etc.