Equity Research case studies, worked step by step

Cases
100
Traced to a firm
30
Topics
12
Hard
30
Topic
All topicsStock pitch15Earnings and results9Forecasting and modelling10DCF and intrinsic value9Relative valuation7Financials6Sector economics9Forensic accounting9Industry structure and moats7Macro and commodity sensitivity7Capital allocation and corporate actions7Buy-side portfolio judgement5
Level
AnyWarm upCoreHard
Source
AnyReported at a firmStandard
Showing 1–7 of 7 · filtered from 100Clear filters
  1. 003Model test: build one year of income statement, balance sheet and cash flow for Ombrano Packaging from a handful of drivers, and make the balance sheet balance.Forecasting and modellingHardSell-side equity researchMulti-manager pod
  2. 023Veltrona Textiles grows revenue from Rs 2,000 crore to Rs 2,400 crore with debtor days of 70, inventory days of 90 and payable days of 60. How much extra working capital does the growth need?Forecasting and modellingWarm upSell-side equity researchResearch KPO and GCC
  3. 028Case study, then a debrief with the portfolio manager: Telvarra Telecom raises tariffs 15% and expects to lose 3% of subscribers. Model the effect on revenue and EBITDA, and defend it.Forecasting and modellingHardHedge fund long/shortMulti-manager pod
  4. 049Two-hour written test: build a first view on an unfamiliar industry from a data pack on Kestrova Cold Chain. Industry capacity is 40 million tonnes growing 12%, Kestrova's share is 3% and its utilisation 65%. Write five questions you would ask and a first forecast.Forecasting and modellingCoreResearch KPO and GCCBuy-side equity research
  5. 065Ruvanta Steel Tubes lifts capacity from 1.0 to 1.6 million tonnes after a two-year build costing Rs 1,200 crore. With the new capacity running at 60%, 75% and 85% in its first three years, forecast volumes and asset turns.Forecasting and modellingCoreSell-side equity researchIndian brokerage research
  6. 078Build next year's revenue for a quick commerce company growing from 400 to 700 dark stores, where each new store takes six months to reach 1,500 orders a day.Forecasting and modellingCoreSell-side equity researchIndian brokerage research
  7. 090Build bear, base and bull EBITDA for a diagnostics chain where test volumes grow 5%, 10% or 15%, 55% of costs are fixed and today's margin is 24%. Which scenario does the price reflect?Forecasting and modellingCoreSell-side equity researchResearch KPO and GCC

Company names and figures are illustrative.