Lead Equity Analyst Consumer

Intellectual Capital HR Consulting Pvt. Ltd.; Mumbai; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

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

You will develop and maintain robust financial models, earnings forecasts and valuation frameworks, publish initiations and updates, and generate differentiated stock ideas. The role requires 6–12 years in sell-side equity research, strong consumer sector coverage, excellent report writing, client

Qualifications

• 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.

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

Skills

Financial modelling

Valuation

Earnings forecasts

Stock picking

Client engagement

Primary research

Mentoring

Report writing

Education

CA

CFA

MBA (Finance)

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