Equity Research Analyst - Portfolio Management Services Team - CA/CFA/IIM/MDI/FMS

Role Overview :

We are seeking a high-calibre Equity Research Analyst to join our Portfolio Management Services (PMS) team, with a primary focus on Indian listed equities. The role involves conducting rigorous, bottoms-up fundamental research to generate actionable investment ideas and support portfolio decision-making. The ideal candidate combines deep sector knowledge with strong financial modelling skills, is comfortable engaging with company managements, and is driven by intellectual curiosity and long-term value creation.

Key Responsibilities :

• Work closely with the Fund Manager to identify, evaluate, and analyse equity investment opportunities across the Indian listed universe
• Develop sector insights, investment theses, and valuation frameworks; generate and present high-conviction stock ideas
• Build, maintain, and refine 3-statement financial models, DCF and relative valuation frameworks, and internal screening databases
• Prepare investment notes, initiating coverage reports, and quarterly result updates for the Investment Committee
• Conduct primary due diligence - interact with CEOs, CFOs, and Investor Relations teams to validate assumptions and gather channel checks
• Monitor sector developments, regulatory changes, and competitive dynamics on an ongoing basis; revise earnings estimates accordingly
• Cover BFSI and/or Pharma sectors as primary domains, with the expectation to build deep domain expertise over time

Desired Profile & Qualifications :

• CA / CFA, or MBA (Finance) from a top-tier business school
• 2-5 years of experience in equity research, asset management, or investment banking; buy-side experience preferred
• Strong financial modelling, valuation, and analytical capabilities; proficiency in Excel and data platforms such as Bloomberg, Capitaline, or Ace Equity
• Excellent written and verbal communication skills, with ability to distil complex ideas into concise investment notes
• Prior coverage of BFSI (banks, NBFCs, insurance) or Pharma (domestic formulations, APIs, CROs) will be highly regarded
• Entrepreneurial attitude, first-principles thinking, and a proactive approach to idea generation
• Comfort engaging with external stakeholders - managements, industry experts, and peer investors