Long-term research on the sectors shaping India’s economy: how they work, where they’re heading, and what it means for the listed companies within them.
By Chintan Shah · IIM Indore MBA · 15+ years across consulting, investment banking and buy-side research
Start here
India’s Natural Gas — The Complete Story
The full gas value chain, from domestic fields and LNG imports to city gas distribution, and where the value sits.
India’s Oil Supply Chain
Crude sourcing, refining and distribution, mapped end to end.
India’s Workforce: The Complete Picture
What employment data reveals about where India’s growth is really happening.
Importance of Capital Allocation
Why growth without returns on incremental capital destroys shareholder value.
Why Mathmarkets is different
Industries don’t move on stories. They move on capacity, cost curves, regulation and capital cycles, and that is where long-term returns are decided.
So every piece here starts with the structure of an industry, not the share price. Every number is sourced. Every conclusion has a model behind it, with its assumptions stated so you can test them. And every piece ends with the question that matters to an investor: what does this mean for the listed companies involved?
About me
I’ve spent more than 15 years analysing businesses across over 20 sectors, first in consulting and investment banking, and today on the buy side for a large fund with a very long-term investment horizon. I hold an MBA from IIM Indore.
Mathmarkets is where I do this work in public, with the same discipline and a ten-year lens.
More about me · LinkedIn · Get in touch
Get the next deep-dive in your inbox
One in-depth piece every two weeks on an Indian industry, with the data, the model and what it means for listed companies. No tips, no noise.