Our systematic 6-step research process combines quantitative analysis with qualitative insights to identify undervalued mid-cap opportunities in the Indian market.
We follow a rigorous 6-step methodology that ensures comprehensive analysis of each company. This systematic approach helps us maintain consistency and objectivity across all our research reports.
Initial filtering based on market cap, liquidity, and basic financial metrics
Deep dive into financial statements and key performance indicators
Evaluation of competitive advantages and business model strength
Understanding of industry dynamics and growth drivers
Multiple valuation approaches to determine fair value range
Comprehensive evaluation of investment risks and mitigation factors
We employ multiple valuation methodologies to arrive at a comprehensive fair value range, reducing dependence on any single approach and improving accuracy.
Primary valuation method using projected free cash flows discounted at weighted average cost of capital (WACC)
Reflects intrinsic business value based on cash generation ability
Sensitive to long-term assumptions and growth projections
Relative valuation using trading multiples of similar listed companies in the same sector
Market-based approach reflecting current investor sentiment
May perpetuate market inefficiencies or sector mispricing
Valuation based on net asset value and replacement cost of business assets
Provides downside protection and liquidation value
May not capture full value of intangible assets and growth potential
Separate valuation of different business segments for diversified companies
Identifies hidden value in complex business structures
Requires detailed segment reporting and peer identification
Comprehensive risk evaluation across multiple dimensions to provide balanced investment perspective and identify potential downsides.
Strong competitive moats, diversified customer base, innovation capabilities
Conservative debt levels, hedging strategies, strong cash generation
Domestic demand focus, defensive characteristics, quality management
Strong compliance track record, regulatory relationship management
No conflicts of interest, no investment banking relationships, no paid research
Clear disclosure of assumptions, limitations, and potential biases in every report
Standardized research framework with multiple quality checkpoints and peer reviews
Regular updates on covered companies with quarterly result reviews and model updates
Quantitative filtering and preliminary assessment
Comprehensive financial and business analysis
Multiple valuation approaches and scenario analysis
Synthesis of findings and recommendation formulation
Internal review and fact-checking process
See our methodology in action. Browse our latest research reports and discover the depth of analysis we provide.