Parth Mandavgane is an Institutional Equity Research Associate at IDBI Capital, covering Hotels, Building Materials, and Midcaps. He is a B.Sc Finance graduate from Narsee Monjee Institute of Management Studies and a CFA Level 3 candidate.
At IDBI Capital, he owns coverage stories end to end, from designing and running solo channel checks across four regions of India to conducting management interviews and building financial models.
His initiating coverage on Brigade Hotels involved direct conversations with the company's COO and CEO, extracting the real impact of geopolitical headwinds on occupancy and RevPAR that management was reluctant to discuss.
He also forms independent sector calls with conviction. His paper sector thesis, connecting Indonesia's pulp export restrictions to the margin advantage of backward-integrated Indian players, was validated by promoter conversations and played out in the market.
Prior to IDBI, he worked as an Associate at Valorem Advisors.
