Equity Analyst

Overview

Ajanta Pharma Ltd is seeking an Equity Analyst to join their investment research team in Andheri, Mumbai. This full-time position requires a candidate with strong expertise in pharmaceutical sector equity research, financial modelling, and valuation techniques. The role demands thorough analysis to identify promising investment opportunities and support decision-making processes through detailed research and insights.

Key Responsibilities

• Perform extensive fundamental analysis of publicly listed pharmaceutical companies, including financial statement evaluation, industry trends, and valuation models such as DCF, comparable companies, and sum-of-the-parts.
• Assess the quality of management teams and develop clear, actionable investment recommendations within a defined risk and reward framework.
• Construct and regularly update intricate financial models, incorporating scenario and sensitivity testing to reflect evolving market conditions.
• Continuously monitor portfolio assets by reviewing quarterly earnings, company announcements, management commentary, and critical developments to confirm or revise investment theses.
• Keep informed of macroeconomic, regulatory, industry, and competitive changes impacting the pharmaceutical sector and broader equity markets.
• Prepare comprehensive investment notes, research reports, presentations, and documents for investment committees.
• Engage with corporate management, sell-side analysts, industry specialists, and other market stakeholders to collect relevant insights.
• Maintain and upgrade internal research tools including databases, financial models, trackers, and knowledge bases.
• Provide timely research support and analytical inputs to portfolio managers and senior investment staff.

Candidate Profile

• Possession of Chartered Accountant (CA) and/or Chartered Financial Analyst (CFA) certification.
• Between five and seven years of experience in equity research, investment analysis, asset management, portfolio management services, mutual funds, or similar financial sectors.
• Solid understanding of accounting, financial statements, valuation methodologies, and capital market operations.
• Prior experience specializing in pharmaceuticals or healthcare sector is highly preferred.
• Advanced skills in Microsoft Excel, PowerPoint, and financial modelling techniques.
• Strong analytical capabilities, excellent communication, presentation, and report-writing abilities.
• Ability to operate independently in a fast-paced, detail-oriented, research-focused environment.

Benefits

• Opportunity to work in a vibrant and intellectually challenging investment atmosphere.
• Access to a free on-site gym encouraging employee health and wellness.
• Provision of subsidized meals to support employee nourishment.
• A professional, collaborative, and performance-oriented workplace culture.