Category: Fundamental Analysis
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What Is ROE? How to Use Return on Equity for Stock Selection
Return on Equity (ROE) is widely regarded as the single most important metric for identifying high-quality businesses. Warren Buffett considers consistently high ROE as his primary filter for investment candidates. In this comprehensive guide, we will explore how to use ROE effectively for stock selection in the Indian market — going beyond the basic formula…
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How to Read a Profit & Loss Statement for Stock Analysis
A profit and loss statement reveals whether a company is truly making money — or just looking profitable on paper. In this short guide and video walkthrough, you’ll learn how to read a P&L line by line, spot the metrics that matter most for stock analysis, and avoid the cosmetic numbers that mislead most retail…
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How to Read a Balance Sheet: Beginner’s Guide (2026)
Read any Indian company’s balance sheet like an analyst — the 5 ratios that matter, 5 red flags to avoid, and a 10-minute scan template.
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Infosys Case Study: How India’s IT Giant Created Shareholder Wealth (2026)
Infosys went public in 1993 at ₹95 per share. An investor who held from IPO to 2026 (adjusted for splits and bonuses) would have turned ₹10,000 into over ₹7 crore — roughly 22% CAGR for 33 years. But the last 5 years have been a different story. Infosys has traded sideways, faced margin pressure, absorbed…
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How to Calculate Intrinsic Value of a Stock (DCF Made Simple)
Learning how to calculate intrinsic value of a stock is what separates serious investors from punters. Using the discounted cash flow (DCF) method, you can estimate what a business is genuinely worth — and compare that to the market price to know if you are buying at a bargain, fair value, or inflated premium. In…
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HDFC Bank Case Study: How India’s Biggest Private Bank Compounded Wealth
Between 1995 and 2023, HDFC Bank turned ₹1 lakh into over ₹6 crore — a 60×+ return at roughly 17% CAGR, outperforming the Nifty 50 by a wide margin over nearly every rolling 10-year period. How does a bank compound at 17% a year for 25 years? This case study breaks down HDFC Bank’s business…
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Price to Book (P/B) Ratio Explained with Indian Examples (2026)
The price to book (P/B) ratio is one of the simplest valuation tools in fundamental analysis — yet it quietly separates undervalued gems from value traps in the Indian stock market. In this guide, you will learn what the P/B ratio actually measures, how to read it across sectors like banks, IT, and FMCG, and…
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How to Analyze a Company Before Investing (2026 Guide)
Learning how to analyze a company before investing is the single most valuable skill in stock market investing — it separates serious wealth builders from those gambling on tips. In this guide, you will learn the exact step-by-step framework Indian fundamental investors use to evaluate a company in under 30 minutes, and the five non-negotiable…
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What Is PE Ratio? How to Use It to Value Stocks in India
The PE ratio is the most quoted number in Indian investing — and the most misused. Get it right and you can quickly judge whether a stock is reasonably priced; get it wrong and you will overpay for hype or miss real bargains. In this guide, you will learn what the PE ratio actually measures,…
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How to Write an Investment Thesis: A Simple Framework for Indian Investors
An investment thesis is a clear, written argument for why a specific stock is worth buying at its current price. It is the foundation of every successful stock investment — a structured framework that forces you to articulate what you believe about a company, why you believe it, and what would need to change for…