"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

1. 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.

1. 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.

1. 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.

1. Portfolio Collaboration:

- Collaborate with portfolio managers to develop targeted strategies for Industrials investments.




- Support portfolio rebalancing decisions with timely sector insights and updated recommendations.

1. Market & Policy Monitoring:

- Stay abreast of government policies, including budgetary allocations, PLI (Production Linked Incentives) schemes, and infrastructure-related announcements impacting the sector.
- Stakeholder Engagement:
- Build and maintain relationships with company management, industry experts, and suppliers.

Qualifications

- Bachelor’s/Master’s degree in Finance, Economics, Engineering, or a related field.
- CFA/CA certification or equivalent preferred.
- 2-5 years of experience as an Equity Analyst, with a proven track record in the Industrials sector.
- Strong knowledge of industrial business models, capital-intensive industries, and key drivers of growth.

Key Skills:

- Advanced financial modeling and valuation expertise.
- Ability to critically evaluate industry and macroeconomic data.
- Proficiency in tools such as Excel, Bloomberg, and other market data platforms.
- Exceptional communication and report-writing skills.

Preferred Attributes

- Passion for India’s industrial growth and themes like infrastructure development, energy value-chain, and global manufacturing diversification.
- Familiarity with balance-sheet-heavy businesses and capital allocation frameworks.
- A cooperative and forward-thinking mindset with a strong work ethic.

Why Join Us?

- Be part of a high-performing team focused on capitalizing on India’s rapid industrial growth.
- Exposure to cutting-edge resources and the opportunity to make impactful investment decisions.
- Competitive salary with performance-linked incentives.

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