Global Consilient Research

If I were to start in Equity Research from absolute scratch in 2026, then here’s how I’ll start!

From the first step to the final step!

First, I’ll understand the industry, job profiles, different roles and what they do!

Second, I’ll gain a basic understanding of the research, finance and basics of valuation!

Third, I’ll learn about the expected salaries for an absolute fresher in the market!

And then only, I’ll give it a deep dive with all the qualifications, skills and internships thing!

This is the way!! This way, you will have a plan, and you’ll take the wise decision in career choosing and without spending much!

All the resources are in the comments👇🏻

2 days ago | [YT] | 22

Global Consilient Research

Valuation Role cracked by our Advanced ER batch candidate!

Enrol in recordings of Advanced ER batch today!

Link is in the comments!

3 days ago | [YT] | 20

Global Consilient Research

I’ll not be surprised if entry level equity research job salaries are further reduced!

Don’t expect much in today’s time if you’re completely fresher! Without any internship, projects, you’re not getting a good job in today’s time!

1 week ago | [YT] | 31

Global Consilient Research

Scuttlebutt investing lesson by Pulak Prasad

1 week ago | [YT] | 26

Global Consilient Research

A few days back, Piccadily Agro posted good results!

And stock jumped more than 10% in intraday trading!

But market jumped not because of headline numbers, but something which most invetsors never look at👇🏻

See, company posted indeed good results!

With core operating revenue jumping 53%, gross margins at 40.4% and 38.9% after considering inventory changes!

EBITDA also grew strongly with 58% growth (lil bit of operating leverage) with margins at 25.3%

PAT came in strong at 94% growth and 15.2% margin!

But here’s what most miss!

Company’s share price jumped mainly for 2 reasons:

1. The mix of sugar business (commodity) is going down consistently over quarters!

Sugar now contributes only 9.14% as compared to 90.4% by distillery business!

2. For the first time ever, the distillery business has posted an ROCE of 13.2%, which seems to be higher than it’s cost of capital

Generally, market loves it when a dominant segment of a business generates high return on capital employed, and has a good brand name, and is a type of product people can’t live without!

The ROCE for distillery business went from 8.79% to 13.2% QoQ

Lesson? High growth businesses must earn a ROCE well above their cost of capital sooner or later to create shareholder value!

This is the first principles!
—

So, before you jump about headline numbers for any stock!

Make sure you look beneath the surface, and see and think in terms of second, and third order levels!

That will give you an edge!

Hope it helps! :)

3 weeks ago | [YT] | 24

Global Consilient Research

“I have cleared all level of CFA, and have done FMVA Courses too, can I do freelancing as a research analyst?”

This is the most common question I get from many students on Instagram!

And here’s the straight no BS answer from someone who works as a Managing Partner in this domain!

You can’t do freelancing in this domain and generate consistent monthly or weekly income!

Why? Because let’s say you charge ₹5,000 per financial model or report (base assumption)

And let’s you want to make at least ₹1,00,000 each month (most basic assumption)

So technically, if any firm wants research and valuation done on 20 companies (typical small size firm tracks and invests in more than 20 in one portfolio), they will have to hire some freelancer and pay him ₹1 Lakh a month just to make models and reports!

Plus they can’t even get other research done from him/her!

This is a lose lose situation for any sane firm!

Rather, most firms built their in-house research teams! A typical CFA grad works 8-10 hours a day in an invetsment firm and even if he/she makes ₹1L a month in hand, the company has picked him as a full time employee!

And they can get any work done at a minutes notice by him! Because he’s an employee!

No firm in India outsources their research and model making to a freelancer!

Another reason being is keeping privacy and compliance related matters!

They can’t completely make sure that a freelancer won’t reveal their portfolio to some other firm or give out tips to his friends!

So, forget about freelancing in it! And find a job!

1 month ago | [YT] | 22

Global Consilient Research

One of our students in Advanced Equity Research Program cracked not only 1, but 2 jobs in finance!

One in Credit Analyst Profile at Care Edge, one at a family office!

Even tho he’s yet to decide which one to finalise!

But the fact remains: Our program is the best!

Enrol today at flat 20% discount!!

1 month ago | [YT] | 10

Global Consilient Research

Wishing my entire GCR Community a very Happy New Year!

With the beginning of 2026, I wish everyone a good & prosperous year in the form of skills and wealth!

And here’s my gift for you all!

We are offering a flat 20% discount for this entire week on our Recorded lectures of Advanced Equity Research Program!

1 month ago | [YT] | 7

Global Consilient Research

The reason Hindustan Copper rose like crazy

1 month ago | [YT] | 36

Global Consilient Research

Here’s what to look for analysing any cement player!

1 month ago | [YT] | 30