Equity Research Analyst (Buy Side - Asset Management)

Intellectual Capital HR Consulting Pvt. Ltd.; Ahmedabad District; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

Intellectual Capital HR Consulting Pvt. Ltd. seeks an Equity Research Analyst to cover sectors such as Infrastructure, Capital Goods, Telecom, Energy and Materials with a focus on fundamental research and intrinsic valuation.

You will build financial models, analyze earnings and prepare investment reports for Fund Managers, while tracking macro factors and industry developments. 3–7 years of experience in equity research is preferred.

Qualifications

• 3–7 years of hands‑on equity research experience.
• Experience in a SEBI‑regulated institution desirable.
• Sector‑assigned coverage; familiarity with Infrastructure, Capital Goods, Telecom, Energy and Materials.
• Strong financial modelling and valuation skills across DCF and relative methods.
• Knowledge of regulatory frameworks for mutual funds and research activities.

Responsibilities

• Conduct fundamental research on assigned sectors including business models, management quality, industry positioning, growth drivers and competitive landscape.
• Build and maintain detailed financial models and assess intrinsic valuations.
• Analyze financial statements, quarterly earnings and management commentary.
• Prepare investment research reports, sector outlook notes and company recommendations.
• Monitor investment theses and track macro indicators, policy developments, and regulatory shifts.
• Interact with management, IR teams, sell‑side analysts and industry experts; attend investor calls and conferences.
• Maintain sectoral/company databases and prepare decks and internal notes for committees.

Skills

Financial modelling

Earnings forecasting

Valuation

Regulatory knowledge

Data analysis

Tools

Bloomberg

Reuters

Capitaline

ACE Equity

Excel

PowerPoint

Data visualization tools

Job description

An asset management company is hiring an Equity Research Analyst for its Department of Investments, reporting to the CIO - Equity / Fund Manager - Equity.

Coverage: assigned sectors including Infrastructure, Capital Goods, Telecom, Energy and Materials. This is a sector‑assigned role, not sector agnostic.

Key responsibilities:

• Fundamental research on assigned sectors covering business models, management quality, industry positioning, growth drivers, value chain and competitive landscape
• Build and maintain detailed financial models, project performance and evaluate intrinsic valuations
• Analyse financial statements, quarterly earnings and management commentary
• Prepare investment research reports, sector outlook notes and company recommendations for Fund Managers
• Monitor and update investment theses
• Track macro indicators, policy developments, global cues, and regulatory and technological shifts
• Interact with company management, IR teams, sell‑side analysts and industry experts
• Attend investor calls, AGMs, analyst meets and conferences
• Maintain sectoral and company databases and prepare investment decks and internal notes for committee and board reviews

Technical skills: financial modelling, earnings forecasting, valuation across DCF and relative methods, familiarity with mutual fund and research regulatory frameworks, and working knowledge of Bloomberg, Reuters, Capitaline, ACE Equity, Excel, PowerPoint and data visualisation tools.

Candidate profile: 3-7 years of hands‑on equity research, preferably within asset management, sell‑side firms or investment advisory. Experience in a SEBI-regulated institution is desirable.