Earnings call analysis. Quarterly & annual report deep-dives. DCF valuation models. For investors and analysts who want to understand what the numbers are actually saying.
Line-by-line breakdown of what management said, what they didn't, and how the tone diverges from the substance.
What the numbers show and what the notes reveal. Trend analysis across quarters, with sector context.
The 23-point checklist for Indian annual reports. Auditor signals, related-party transactions, accounting policy changes.
Fully built Excel models across sectors — IT services, banks, FMCG, cyclicals — with written walk-throughs.
Events that move Indian markets — crude, tariffs, policy, rates — with the sectors and companies actually exposed.
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A working library of Indian company DCF models, one per sector. IT services, private banks, FMCG, cyclicals, and more. Each ships as a fully-linked Excel workbook plus a written walk-through that explains every assumption. Built for investors preparing DCFs on their own coverage, and for students preparing for IB and ER interviews.
A complete DCF built around a large Indian IT services business. Utilization, headcount pyramid, wage inflation, and dollar-rupee sensitivity — all live-linked.
Banks are not valued with DCF — they need a residual-income framework. NIM forecast, credit cost cycle, RoRWA sensitivity. Built off HDFC Bank as the template.
The steady-state cash flow model for a mature FMCG business. Volume-price decomposition, gross margin drivers, and the terminal growth assumption most models get wrong.
Point-in-time DCF fails for cyclicals. Mid-cycle EBITDA, replacement cost, and the sensitivity grid that keeps you from buying at the top.
Build a fully integrated Income Statement, Balance Sheet, and Cash Flow model. The debt schedule that trips up nearly every first-year analyst — solved.
The multiples desks actually use. How to build a peer set that survives the questions in a screening interview. Applied to Indian mid-caps.
All six DCF models — Excel + PDF walk-throughs. New model every quarter. Also includes the research subscription.
Six questions to ask before you read a single number. The management-quality signals hidden in the Q&A section. A practical framework for the next earnings season.
Terminal value that swallows the model. WACC calculated wrong. Reinvestment rate that doesn't reconcile. The mistakes are simple; the discipline to avoid them is not.
VK Investing's earnings call breakdowns save me two hours per stock per quarter. The DCF models are worth ten times what they cost. It has become the first thing I open on results day.
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All earnings-call, quarterly, and annual-report analysis. Perfect for individual investors and finance professionals.
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Full research plan plus the complete DCF model library. For analysts and finance professionals.
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