"Every battle is won before it's fought... Ever wonder why fund managers can't beat the S&P; 500? 'Cause they're sheep." - Gordon Gekko. (https://www.youtube.com/watch?v=-TLCaDbBv_s )

We are an Award-winning, long-only Indian equity fund. We are looking for a value-focused analyst. Passion for investing is a must.

Only apply if you have relevant experience and are able to hit the ground-running.
Please don't apply if you are a fresher or from another industry, you will not be considered.

Job Summary:
We seek an Indian Equity Analyst with (flexi-sector, but industrials and manufacturing preferred) to join our investment team.

Key Responsibilities:
• Sector-Specific Research:

• Conduct comprehensive research on the sector, analyzing industry trends, market dynamics, and regulatory developments.
• Study the competitive landscape, supply chain dependencies, and global linkages impacting Indian industrial companies.

• Fundamental Equity Analysis:

• Perform in-depth financial analysis of industrial companies, including financial statement review, cash flow analysis,



and growth potential.
• Use valuation techniques such as DCF, EV/EBITDA, and relative peer comparisons to identify undervalued opportunities.

• Investment Recommendations:

• Identify high-potential companies within our space that align with long-term growth themes like infrastructure development, manufacturing revival (e.g., "Make in India"), and export-led growth.
• Assess risks such as raw material price volatility, interest rate sensitivity, and project delays, ensuring portfolio resilience.

• Portfolio Collaboration:

• Collaborate with portfolio managers to develop targeted strategies for Industrials investments.
• Support portfolio rebalancing decisions with timely sector insights and updated recommendations.

• Market & Policy Monitoring:

• Stay abreast of government policies, including budgetary allocations, PLI (Production Linked Incentives) schemes, and infrastructure-related announcements

📌 Indian Equity Analyst (Mumbai)
🏢 First Water
📍 Mumbai