Overview

Job Description: Equity Research Associate (Hardware/Software Sectors)

Location: Mumbai

Experience: 2 – 6 Years

Department: Equity Research

Education– B.Tech / B.E. + CFA1 atleast

About the Role

We are seeking a highly motivated and analytical Equity Research Associate to join our dynamic team. This role is sector-agnostic, with a primary focus on covering companies within the ever-evolving Hardware and Software/IT services landscape. The ideal candidate will be responsible for conducting in-depth fundamental analysis, building detailed financial models, and authoring comprehensive research reports to provide actionable investment insights.

Key Responsibilities

– Conduct rigorous fundamental analysis on companies within the Hardware and Software sectors.

– Develop, maintain, and update complex financial models for forecasting, valuation (DCF, Comparable Comps, Precedent Transactions), and scenario analysis.

– Author and publish high-quality, insightful equity research reports, including initiation reports, quarterly updates, and thematic pieces.

– Monitor industry trends, regulatory changes, and competitive dynamics to assess their impact on covered companies and the sector at large.

– Interact with company managements, industry experts, and sales & trading teams to gather information and articulate investment theses.

– Proactively respond to internal and external client queries in a timely and professional manner.

Required Qualifications & Skills

Education:

Mandatory: B.Tech / BE (any stream).

And one of the following:

MBA (Finance) + CFA Level 1 Cleared

CFA Charterholder (all levels cleared)

Experience: 2 to 6 years of relevant experience in equity research.

Mandatory Technical Skills:

– Proven expertise in financial modeling and company valuation.

– Strong experience in writing and producing equity research reports.

– Advanced proficiency in Microsoft Excel and PowerPoint.

Preferred Skills (Added Advantage):

– Knowledge of data analysis and visualization tools such as Python, Tableau, or Power BI.

Personal Attributes:

– Exceptional written and verbal communication skills.

– Strong interpersonal skills and the ability to work effectively in a team environment.

– A proactive, self-starter attitude with a demonstrated ability to learn quickly and manage multiple tasks independently.

– High level of intellectual curiosity and a passion for markets and investing.

Note: Candidates with more than 6 years of relevant equity research experience will not be considered for this position.