Independent Investment Research
Deep-dive fundamental analysis on real assets,
infrastructure, and listed real estate.
I work in corporate finance at a manufacturing business in India, where I manage capital structure, banking relationships, and strategic financial decisions.
My investment philosophy is rooted in the Graham–Buffett–Munger tradition — value investing at its core. I believe in buying businesses at a meaningful discount to their intrinsic value, with a margin of safety, and holding conviction through market noise. I am drawn to real assets and capital-intensive businesses where the gap between price and value is most legible, and where a disciplined, value-analytical framework consistently outperforms the consensus. Obsidian Capital Research is the application of that philosophy in practice; every report here is built to that standard.
Looking Forward: I am looking to pivot to core finance roles in financial institutions working in the domain of PE, VC, Asset Management, Real Assets, and Investment Research, building on my CFA qualifications and the analytical skills developed along the way.
Institutional-grade equity research. Each report is accompanied by a full financial model available for download.
A fundamental analysis of India's largest office REIT — examining its business model, income quality, capital structure, and intrinsic value through a value investing lens.
An upcoming analysis of India's largest power transmission InvIT — examining regulated asset base returns, distribution yield, and long-term infrastructure value.
Occasional writing on markets, capital allocation, geopolitics, philosophy, and the longer arc of things.