Equity Research Analyst

Intellectual Capital Hr Consulting; Mumbai; On-site; INR 2,500,000 - 5,000,000; Full time

Job summary

Intellectual Capital Hr Consulting is seeking an Equity Research Analyst in Mumbai to cover Pharma, Chemicals, Metals, Cement, New Age Businesses, IT, and FMCG. The candidate will perform fundamental research, build financial models, and prepare investment notes for institutional clients.

The role requires deep finance knowledge, strong analytical and communication skills, and the ability to work independently while managing multiple assignments.

Qualifications

• 37 years of experience in Equity Research covering one or more sectors (Pharma, Chemicals, Metals, Cement, New Age Businesses, IT, FMCG).
• Strong knowledge of financial markets and valuation techniques.
• Ability to generate actionable investment ideas and present clear notes.

Responsibilities

• Cover assigned sectors and conduct fundamental research on listed companies.
• Build and maintain financial models and valuation analyses.
• Prepare earnings updates, sector reports, and investment notes.
• Attend earnings calls and meetings to gather insights.
• Generate investment recommendations with supporting analysis.

Skills

Equity Research

Financial Modelling

Financial Statement Analysis

Capital Markets

Analytical Skills

Independent Work

Education

MBA (Finance)

CA

CFA

Tools

Bloomberg

Capital IQ

Reuters

Job description

Position: Equity Research Analyst - Sell Side
Location: Mumbai
Experience: 37 Years

About the Role

We are looking for an Equity Research Analyst to cover one or more of the following sectors: Pharma, Chemicals, Metals, Cement, New Age Businesses, Information Technology (IT), and FMCG. The ideal candidate should possess strong analytical skills, sound knowledge of financial markets, and experience in fundamental equity research with the ability to generate actionable investment ideas.

Key Responsibilities

• Cover one or more assigned sectors, including Pharma, Chemicals, Metals, Cement, New Age Businesses, IT, or FMCG.
• Conduct detailed fundamental research on listed companies, including financial analysis, industry research, and valuation.
• Build and maintain financial models and valuation models.
• Prepare earnings updates, company reports, sector reports, and investment notes.
• Track industry developments, company announcements, regulatory changes, and macroeconomic trends affecting assigned sectors.
• Attend earnings calls, management meetings, conferences, and channel checks to gather insights.
• Generate investment recommendations supported by comprehensive research and analysis.
• Work closely with the senior research team and institutional sales team to provide timely market insights.

Required Skills & Qualifications

• 37 years of experience in Equity Research covering one or more of the following sectors:
  • Pharma
  • Chemicals
  • Metals
  • Cement
  • New Age Businesses
  • Information Technology (IT)
  • FMCG
• Strong understanding of financial statement analysis, valuation techniques, and financial modelling.
• Knowledge of capital markets and equity research methodologies.
• Excellent analytical, written, and verbal communication skills.
• Ability to work independently while managing multiple research assignments.

Preferred Qualifications

• MBA (Finance), CA, CFA, or equivalent qualification.
• Experience in institutional equity research with a brokerage, investment bank, or research firm.
• Familiarity with financial databases and research tools such as Bloomberg, Capital IQ, Reuters, or similar platforms.