India Equity Analyst - Fundamental & Thematic, Beat the Street

Sudarshan Bhandari

India-focused Independent Equity Research Analyst

Experienced (7 years +) in Sector-Specific Deep Dives and Comprehensive Company Research.

With a sharp focus on the Indian market, I specialize in providing in-depth analysis and insights to investors. Whether it's dissecting various sectors to identify emerging trends or conducting thorough fundamental research on individual companies, I'm dedicated to uncovering valuable opportunities and delivering actionable intelligence.

Passionate about navigating the nuances of the Indian equity landscape, I thrive on deciphering complex market dynamics and distilling them into clear, concise insights. 

While covering a sector or company-specific research, I cover the following :
1. Brief about company/sector
2.  Overall Industry landscape - History, Present and Future trends
3. Thesis and Anti-Thesis
4. Valuations
5. Financial & Forensic Analysis
6. Management Review
7. Key Monitorable Events
8. Guidance and Future Way Ahead

India Equity Analyst - Fundamental & Thematic

The Beat Ideas: Indian Auto Industry: GST Cuts Power Record Festive Sales Surge

TCS’s $7 Billion Bet: Building India’s AI Backbone

The Beat Ideas: Elecon Engineering - Defence-Grade Precision, Global-Scale Ambition

Thematic Report: Indian Air Conditioner Industry: The Summer That Tested India’s Cooling Story

Beat the Street

Beat The Street was founded by Nimish Maheshwari and Sudarshan Bhandari, both of whom are Chartered Accountants by Profession, known for their expert analysis in the fields of Business, Sectoral analysis, and Corporate governance.

With a strong social media presence of 45,000+ Subscribers across various platforms, they are considered trusted voices in the industry. Their insights and analysis have been featured in some of India’s most prominent publications, including the Economic Times, Dalal Street Investment Journal, The Morning Context, and The Ken.

Their analysis on Bankrupt & Insolvent companies has been instrumental in saving investors from significant losses. They have a keen eye for identifying red flags and has identified exclusive redflags earlier in Vedanta, Nykaa, Dhani Services, Adani and many more.

Read Business Not Stock Prices

Equity Bottom-Up

<ul>
<li>Tech Mahindra delivered sequential revenue growth and a 100-bps margin expansion in Q2FY26, supported by Project Fortius, stronger deal wins, and early traction in AI initiatives.</li>
<li>Execution discipline, selective client focus, and rising AI investments indicate structural improvement in profitability and positioning, even as telecom softness and European weakness persist.</li>
<li>The turnaround is taking hold gradually. With a stronger operating base, Tech Mahindra is better placed for steady growth and sustainable margin expansion heading into FY27.</li>
</ul>


Tech Mahindra delivered sequential revenue growth and a 100-bps margin expansion in Q2FY26, supported by Project Fortius, stronger deal wins, and early traction in AI initiatives.
Execution discipline, selective client focus, and rising AI investments indicate structural improvement in profitability and positioning, even as telecom softness and European weakness persist.
The turnaround is taking hold gradually. With a stronger operating base, Tech Mahindra is better placed for steady growth and sustainable margin expansion heading into FY27.


Tech Mahindra Q2 Result: Stabilizing Core, Positioning for AI-Led Growth

Mahindra & Mahindra

Tech Mahindra Q2 Result: Stabilizing Core, Positioning for AI-Led Growth