Naman Kriplani is an early career analyst who pairs equity research with hands on data work. He is currently a Financial Data Analyst at Valuefy, a wealth management fintech, where he owns portfolio reconciliation across four custodian accounts, automates the recurring breaks, and diagnoses data failures for institutional clients. He recently caught a 27 percent single month return spike in a client portfolio, traced it to missing transactions, and resolved it before the client review.
Alongside that, he studies businesses independently through annual reports, earnings calls, and investor presentations. His most substantial work is a full initiating coverage thesis on Eicher Motors, built over three months on his own time. He valued Royal Enfield and the VECV stake separately using a sum of the parts DCF and arrived at a SELL, with intrinsic value roughly 62 percent below the market price. The decision he considers most telling was rejecting a published beta of 0.27 as statistically broken in favour of a defensible 1.1, despite the lower figure flattering his own valuation. The work traces Royal Enfield's moat from product decisions and brand community through to capital allocation and its dominant share of the mid size premium motorcycle segment.
He is certified under NISM XV (Research Analyst) and was selected for the CFA Institute Research Challenge 2025. He also writes publicly on markets and the economy, having published for 100 consecutive days and grown an audience of 1,000 followers with over 150,000 impressions.
