Screeners give you the numbers. We read everything behind them, including annual reports, earnings calls and filings, and hand you the full picture: numbers first, then the business, the moat, the management and the risks.
Every stock tool can show you what a company earned. None of them tell you why it earned it, or whether it will keep earning it.
Fast, and the same for everyone
Slow, and usually skipped
That is how long a careful investor needs to properly read one company's material. Most people don't have that time, so they buy on the numbers alone.
Every report has two parts and the same structure for every company, so you can compare any two businesses page by page.
Revenue, margins, profit, EPS and payout, FY16–FY26
ROCE and margin trend, and the last eight quarters
Cash conversion, working capital, where the cash went
Earnings quality, working capital, debt, ownership, governance
P/E history, reverse DCF, peers. No price target.
Bear, base and bull cases with probabilities
Segments, categories, customers and cost structure
Each advantage scored with evidence; is it widening?
Nine promises from earnings calls, checked against results
Leadership, auditor, related parties, acquisitions, dividends
Ranked risks, quarterly monitorables, questions for management
A complete report on the maker of Fevicol, built from five annual reports, earnings calls, investor presentations and exchange filings. Every figure is cited. Browse the pages here or download the PDF.
The same four steps for every company, and a person checks the result before you see it.
Every public document for the company: five years of annual reports, earnings calls, presentations, filings, ratings and shareholding.
We run eleven years of numbers and 28 forensic checks, then question the documents on moat, management, governance and risk.
Research analysts check every finding against its source and compare what management promised with what it delivered.
One report in plain language, updated after every quarterly result, with each claim linked to the document it came from.
How Nikasha compares with the other ways investors research a company today.
| Stock screeners | Single-topic AI reports | General chatbots | Broker research | Nikasha | |
|---|---|---|---|---|---|
| 10-year financials and ratios | Some | Unreliable | |||
| Forensic accounting checks | — | Separate report | — | Rarely | |
| Moat and business model | — | Separate report | Generic | ||
| Management said vs did | — | Separate report | — | Rarely | |
| Everything in one document | — | — | — | ||
| Every claim linked to a source | — | Partly | — | Rarely | |
| Reviewed by a research analyst | — | — | — | ||
| Any listed company, on request | Large caps only |
Screeners are built for numbers: they filter and chart financial data. Nikasha includes those numbers, then reads the documents behind them and explains the business, its advantages, its management and its risks.
Most sell one report per topic: management credibility in one, risk checks in another, estimates in a third. We put all of it into one consolidated report with one structure, every claim linked to its source, and an analyst review before release.
Every figure and claim carries a source: the document, and where possible the page. You can check anything in seconds. Research analysts also review each report before it is released.
No. Reports are research summaries of public information. They explain the business and its risks so you can decide for yourself. They contain no buy, sell or hold calls and no price targets.
Reports on companies we cover are updated after every quarterly result. A new company can be requested and is usually delivered within a few days.
Individual investors who want to understand what they own, and advisers, family offices and small funds who need consistent first-pass research on many companies.
निकष · nikasha
A nikasha is a touchstone: the dark stone jewellers have used for centuries to test gold. Rub the metal across it and the streak it leaves shows whether the gold is real. We do the same for companies: we test every claim against the filings, so you can see what's real before you invest.
We are opening coverage company by company. Tell us which company you want read first.
