Lead Equity Analyst Consumer

Intellectual Capital HR Consulting Pvt. Ltd.; Ahmedabad District; On-site; INR 3,000,000 - 7,000,000; Full time

Job summary

Intellectual Capital HR Consulting Pvt. Ltd. in Mumbai seeks a Lead Equity Research Analyst – Consumer to head coverage of consumer-focused companies for the institutional desk.

The role requires 6–12 years of sell-side experience in Indian markets, deep consumer sector knowledge, advanced modelling, and strong reporting and client presentation skills. You will mentor junior staff and collaborate with Sales & Trading to improve client outreach.

Qualifications

• 6–12 years of sell-side equity research experience on Indian markets.
• Strong consumer sector coverage with stock-picking ability.
• Advanced financial modelling and valuation (DCF, comps, scenarios).
• Excellent report writing and presentation skills.

Responsibilities

• Lead coverage of consumer sector listed companies (FMCG, Retail, QSR, durables).
• Develop and maintain robust models, earnings forecasts and valuations.
• Publish initiations, updates, and sector outlook notes.
• Generate actionable stock ideas with catalysts and risk assessment.
• Engage with institutional clients via meetings, calls, roadshows and conferences.
• Conduct management meetings, channel checks and primary research.
• Collaborate with Sales & Trading to expand institutional reach.
• Track demand trends, pricing dynamics, and regulatory developments.
• Mentor junior analysts to ensure research quality and timelines.

Skills

Equity Research

Consumer Sector Coverage

Financial Modelling

Client Relations

Report Writing

Analytical Mindset

Education

CA / CFA / MBA (Finance) preferred

Job description

Lead Equity Research Analyst Consumer
Location: Mumbai
Team: Institutional Research – Sell Side

Role Overview

We are seeking an experienced Lead Equity Research Analyst – Consumer to head coverage of consumer-focused companies within Indian markets for the institutional desk.

Key Responsibilities

• Lead coverage of listed companies across the Consumer sector (FMCG, Retail, QSR, Consumer Durables, etc.)


• Develop and maintain robust financial models, earnings forecasts, and valuation frameworks


• Publish high-quality research reports including initiations, quarterly updates, thematic notes, and sector outlook pieces


• Generate differentiated, actionable stock ideas with clear catalysts and risk assessment


• Engage actively with institutional clients through meetings, calls, roadshows, and conferences


• Conduct management meetings, channel checks, and primary research to build conviction


• Collaborate closely with Sales & Trading teams to enhance institutional reach


• Track consumer demand trends, pricing dynamics, rural/urban consumption shifts, and regulatory developments


• Mentor junior analysts/associates and ensure research quality and timelines

Candidate Profile

• 6–12 years of relevant experience in Sell-Side Equity Research covering Indian markets


• Strong prior coverage of the Consumer sector with demonstrated stock-picking ability


• Advanced financial modelling and valuation skills (DCF, relative valuation, scenario modelling)


• Strong institutional client connect preferred


• Excellent report writing and presentation skills


• CA / CFA / MBA (Finance) preferred


• Strong analytical mindset, commercial acumen, and ability to work in a fast-paced environment