Case –II – Stock Market Data Market movement of share prices and market cap is one of the most intelligent indexes especially if it’s a homogenous business and there is adequate free float. So there was this company which was into lending for a certain asset class. Key performance indicators of the lending business –… Continue reading CREDIT SERIES-4- MARKET INTELLIGENCE



If market intelligence points to something, explore that further We have all been caught with surprise on a number of occasions when an account always repaying on time suddenly starts delaying. So my experience is that it is something which starts showing signs in other areas as well before it starts in the delay mode.… Continue reading CREDIT SERIES-3- MARKET INTELLIGENCE


CREDIT SERIES-2- Numbers are numbers

Case II – Related party numbers and merger/de merger stories This company is into supplying capital goods to various industries. Their factory,  biggest in Asia on some parameters and being covered by a prominent international news channel on their documentary. This business had two parts – one pure material supply and another material supply+installation+other services.… Continue reading CREDIT SERIES-2- Numbers are numbers


CREDIT SERIES-1- Numbers are numbers

Case I- Compare peer profitability and understand  leverage This was one of the key auto ancillary player. Fantastic profitability and excellent rating. I was doing a research on the margins across the value chain in this industry few years back. Even the most niche and sophisticated product in auto ancillary chain was not making the… Continue reading CREDIT SERIES-1- Numbers are numbers


Outsourcing- Yesterdays core, Today’s non-core

15 years back I started my first assignment with a company which used to help lenders- Banks and HFC’s outsource their activity on collections and recoveries so that they can focus on their core activities. Not all organizations had dedicated collections and recovery team at that time and the ones which had, didn’t had the… Continue reading Outsourcing- Yesterdays core, Today’s non-core


Money Talks- Part 7- Mutual Funds

In this post I will cover the Mutual funds (MF) : -          What they are? -          Broad Types. -          How we can do it ? Mutual Fund combines the features of shares ( stock/ equity instruments) and debt instruments (debentures/Bonds/Any other fixed income investments).  So it gives the option to us to invest in a… Continue reading Money Talks- Part 7- Mutual Funds