Rahul Agarwal

Rahul Agarwal Email and Phone Number

Investment Director @ Ikigai Asset Manager
Mumbai, MH, IN
Rahul Agarwal's Location
Mumbai, Maharashtra, India, India
Rahul Agarwal's Contact Details

Rahul Agarwal personal email

About Rahul Agarwal

Rahul is a senior investment research analyst with over 16 years of experience into long-only public equity investments in India. He has evolved as a generalist investor with multi-sector expertise. He is currently part of Incred Capital Institutional Equities team as the Dty. Head of Research. He leads the consumer discretionary sector research covering durables, building materials, healthcare services and retail. Prior to this, he was part of the investment team at VEC Investments (CAT-III AIF) from 2011-2020. He spent five years with a domestic brokerage firm from 2006-2011 where he evolved as lead analyst for industrial/infrastructure research.Rahul has deep understanding of macro-economics, risks of doing business in India and financial analysis. Most of his time is spent researching and interacting with business promoters, CXOs, various other stakeholders like second-level leadership, dealers, distributors, vendors and consumers. Over the years, he has been actively involved into equity capital raising for private/public companies.He has worked on numerous complex financial models studying historic trends and forecasting future business performance. An expert on equity investments - capital structure/allocation, corporate governance practices, business sustainability and valuations (NPV/relative benchmarking).He is a Chartered Accountant. Outside of work, he enjoys travel, cooking and swimming.

Rahul Agarwal's Current Company Details
Ikigai Asset Manager

Ikigai Asset Manager

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Investment Director
Mumbai, MH, IN
Employees:
27
Rahul Agarwal Work Experience Details
  • Ikigai Asset Manager
    Investment Director
    Ikigai Asset Manager
    Mumbai, Mh, In
  • Incred Capital
    Deputy Head Of Research - Institutional Equities
    Incred Capital Aug 2020 - Present
    Mumbai, Maharashtra, India
    Leading the consumer discretionary sector investment and research. Sub-sectors include consumer electricals and durables, building materials, healthcare, retail, etc.
  • Vec Investments
    Senior Equity Research Analyst
    Vec Investments Nov 2011 - Aug 2020
    Mumbai Area, India
    • Was leading the investment team for long-only investments looking for growth businesses at reasonable valuations. Fund strategy was sector-agnostic and investing across market caps.• Monies raised under the CAT-III AIF structure and with minimum investment tenure of three years.• Carry good relationships with corporate managements at CXO level.• Build complex financial excel models forecasting equity/debt capital needs and cash flow generation over life-cycle of a project/business. An expert into project due diligence based on discounted cash flow (DCF), internal rate of return (IRR), payback period, cost-benefit analysis, DSCR, cash break-even and equity valuations.• Evolved as an India generalist over the past eight years. Specialist into multi-sectors - Automotive, Consumer discretionary, Healthcare, Industrials and E-commerce.• Sub-sectors include: o Auto original equipment manufacturers (OEMs) and related ancillaries.o Consumer discretionary - consumer goods retail, durables, electrical components, food and beverage, tiles, sanitary-ware, plywood, pipes, cement, media/entertainment and gamingo Industrials – capital goods, engineering, construction, transportation [aviation, logistics]o Infrastructure - Airports, metro-rail, power plants, roads, mining, special economic zones), Utilities (power and gas), Industrials (wind power equipment, power transmission and distribution, construction of bridges/fly-overs, slum rehabilitation, locomotives/defence equipment, electricals).o Others – E-commerce, hospitals & diagnostics, IT engg. design services
  • Anand Rathi Financial Services
    Equity Research Analyst - Sector Lead
    Anand Rathi Financial Services Oct 2010 - Oct 2011
    Mumbai Area, India
    • As part of the Infrastructure research was responsible for covering conglomerates, power utilities and capital goods. • Studied Indian public-private partnership (PPP) regulations related to development of airports, roads, mining, SEZ, etc. under the BOOT (build, own, operate and transfer) structure.
  • Anand Rathi Shares And Stock Brokers Ltd
    Equity Research Associate
    Anand Rathi Shares And Stock Brokers Ltd Jul 2007 - Sep 2010
    Mumbai, Maharashtra
    • Was promoted as research associate for Infrastructure sector. Sub-sectors were: Infrastructure asset owners, engineering and construction and capital goods. • Initiated research coverage on stocks like GMR Infrastructure, Thermax, Cummins, KEC International, Kalpataru Power, Suzlon Energy, etc.• Was part of one of the most comprehensive research report written on the GMR group covering airport, power, road, SEZ and coal mining assets.• Wrote thematic industry research reports and marketed extensively to Indian and Asian institutional investors• Worked extensively on the initial public offer (IPO) of V-guard Industries.• Arranged corporate road shows, factory visits, investor conferences, panel discussions and dealer meetings.
  • Anand Rathi Shares And Stock Brokers Ltd
    Equity Research Assistant
    Anand Rathi Shares And Stock Brokers Ltd Sep 2006 - Jun 2007
    Mumbai, Maharashtra
    • Collating relevant data and ensuring publishing of the daily morning research note• Writing investment recommendations for equity IPO’s of companies across sectors and market caps• Promoted as research associate to the small cap research team. Initiated coverage on several small cap stocks like Cinemax, Greenply Industries and Graphite India. Started marketing research to domestic institutional investors
  • Sharp & Tannan - India
    Executive
    Sharp & Tannan - India Jun 2006 - Aug 2006
    Mumbai Area, India
    As part of the corporate taxation team, was responsible for income tax advisory, finalization of books of accounts, filing of income tax returns and representations to regulatory authorities for listed/unlisted companies in India.
  • Hdfc Bank
    Executive
    Hdfc Bank Dec 2005 - Feb 2006
    Mumbai Area, India
    As part of the asset securitization team, was responsible for effective accounting of securitized auto loan portfolios. Use to handle periodical reconciliation and accounts maintenance.

Rahul Agarwal Skills

Equity Research Equity Valuation Portfolio Management Finance Financial Modeling Investments Trading Asset Management Equities Capital Markets Valuation Financial Markets

Rahul Agarwal Education Details

Frequently Asked Questions about Rahul Agarwal

What company does Rahul Agarwal work for?

Rahul Agarwal works for Ikigai Asset Manager

What is Rahul Agarwal's role at the current company?

Rahul Agarwal's current role is Investment Director.

What is Rahul Agarwal's email address?

Rahul Agarwal's email address is ra****@****ail.com

What schools did Rahul Agarwal attend?

Rahul Agarwal attended The Institute Of Chartered Accountants Of India, University Of Mumbai, Cfa Institute.

What skills is Rahul Agarwal known for?

Rahul Agarwal has skills like Equity Research, Equity Valuation, Portfolio Management, Finance, Financial Modeling, Investments, Trading, Asset Management, Equities, Capital Markets, Valuation, Financial Markets.

Who are Rahul Agarwal's colleagues?

Rahul Agarwal's colleagues are Keshav Agarwal, Neha Mehta, Pankaj Pandey, Ritik Gupta, Rehan Shaikh, Hitesh Mandot, Nitin Awasthi.

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