India BFSI - Long-Short - Equity Research Analyst

Raj S, CA, CFA

I am, Raj, a CA and CFA and a SEBI Registered Research Analyst.

I cover Indian BFSI sector at Smartkarma. I track all the interesting Buy/ Sell ideas across among the larger Indian and ASEAN Banks, and Life Insurance Sector. 

Indian BFSI sector is the largest by marketcap in India and has some very promising long-term trades in offer.

I am a CA and CFA with 10+ years experience in fundamental equity research across buy-side and sell-side and across geographies in BFSI segment.
My research process is primarily focused on highlighting the key risks and opportunities which would have a direct impact on stock performance. I try to cut through the noise and sort through the detail, in order to organize and simplify my thinking about a investment thesis.

Please reach out to us for customized services which can help your office or fund. Whether that be shadow coverage of specific companies, or maybe more simpler things that you want taken care of. We provide a wide range of services at super efficient cost. PM me.

LICI - 62% Mkt Share, Covers 92% of India, 148% ROE, Under-Penetrated, Many Operational Strengths

HDFC Life: 2Q24 Result Update: In-Line on a High Base, HDFC Bank Distribution the Main Positive.

HDFC Bank - 1st Results After Amalgamation | Dupont Analysis For Comparatives | Credit Cost Decline

Indian Life Insurance (And Savings) Sector Primer - Long-Term Potential and Strong Operating Margins

Artoval Advisors

Art’o’val stands for Art of Valuation. Artoval Advisors LLP is a professionally run advisory firm catering to various financial advisory services including Valuation, Investment Research, Training, Accounting, CFO Services and other ancillary services.

We are passionate about what we do and strongly believe in working with our clients as their extended teams. With Artoval Advisors as their trusted partner, our clients find it easy to achieve efficiency in service delivery without compromising on quality.

True Art of Valuation

Equity Bottom-Up

SBI Life Insurance Co Ltd / Equity Bottom-Up

<ul>
<li>SBI Life leads the Private Life Insurers in India in terms of market share, thanks to exclusive access to Banca channel of the largest bank in the country.</li>
<li>SBI Life has been one of the best-performing life insurers in terms of growth as well as margin expansion among peers in recent years, which we expect to continue. </li>
<li>SBIL is our primary pick in the Indian Life Insurance space with an upside of ~24% and its relatively cheaper valuations offers a margin of safety to cover near-term risks.</li>
</ul>


SBI Life leads the Private Life Insurers in India in terms of market share, thanks to exclusive access to Banca channel of the largest bank in the country.
SBI Life has been one of the best-performing life insurers in terms of growth as well as margin expansion among peers in recent years, which we expect to continue. 
SBIL is our primary pick in the Indian Life Insurance space with an upside of ~24% and its relatively cheaper valuations offers a margin of safety to cover near-term risks.


ICICI Prudential Life Insurance (IPRU IN)

SBI Life: Best Bet to Play the Indian Life Insurance Sector - Initiating Coverage.