WHY THIS ROLE MATTERS
Research is not a support function at Monarch. It is the backbone of everything we do.
This is not a role where you write reports that sit in inboxes. This is a role where your research moves capital, drives investment decisions, and directly impacts the portfolios of institutional investors, HNIs, and our own AIF and PMS clients. Your conviction becomes our conviction.

ROLE OVERVIEW
We are looking for a Lead Research Analyst to manage end-to-end equity research coverage for our Institutional Equities division, with primary focus on BFSI, Healthcare, and IT sectors. You will generate differentiated, high-conviction research that drives investment decisions for our institutional buy-side clients — mutual funds, insurance companies, FPIs, family offices , while simultaneously informing the investment strategies of our AIF, PMS, and HNI advisory businesses.

KEY RESPONSIBILITIES
Research & Analysis
▸ Financial Modelling: Develop, maintain, and enhance detailed financial models — earnings forecasts, revenue builds, segment-level projections,



balance sheet modelling, and DCF/SOTP/relative valuations using appropriate methodologies.
▸ Research Reports: Produce high-quality initiating coverage reports, thematic pieces, sectoral deep-dives, quarterly earnings previews/reviews, and timely stock-specific update notes that generate client engagement and trading ideas.
▸ Differentiated Insights: Go beyond consensus. Conduct channel checks, supply chain analysis, management interactions, plant visits, and primary data analysis to develop proprietary insights that give our clients an information edge.
▸ Conviction Calls: Develop and maintain a track record of high-conviction BUY and SELL recommendations with explicit catalysts, target prices, and risk-reward frameworks. Your best ideas should be bold enough to move capital.
Client Engagement
▸ Institutional Relationships: Engage directly with institutional buy-side clients — mutual funds, insurance companies,

📌 Research Analyst — Institutional Equities (Mumbai)
🏢 monarch networth capital
📍 Mumbai