The SOIC Podcast

Send us a text In this episode of SOIC, we do a complete top-down analysis of the Indian stock market . We break down why the market is in a bear phase , where valuation comfort is emerging , and which sectors are weakening or improving . We analyze B2G-linked sectors, EMS, solar, transformers, consumption, financials, and small caps , using valuations, market breadth, and cycle analysis . You’ll also learn how to spot opportunities during volatility , understand sector rotation , and prepare for the next market cycle with a clear framework. This episode is a market temperature check to help you think clearly, avoid noise, and invest with discipline.

Send us a text In this episode, you will learn everything about Mutual Funds for 2026 and beyond . We explain the difference between mutual funds and active stock picking , why thinking like a unit collector is important, and how to build wealth using SIP . You will also learn a simple framework to choose mutual funds , which flexi cap, mid cap, and small cap funds are worth tracking, and how to use ETFs and passive investing for the next few years. This episode is perfect for beginners as well as long term investors who want a clear, practical approach to investing without confusion.

Send us a text In this episode, you’ll learn the core idea of Proxy Investing - a simple way to find companies that benefit from big trends without being in the spotlight. You’ll learn how suppliers and enablers grow faster than the main industry players, how downstream companies profit from themes like AI, data centers, power, chemicals and industrialization, and how to identify these proxies using value chains, order books and tailwinds. With clear examples from India and global markets, this episode gives you an easy, practical framework to find better businesses in any sector.

Send us a text In this episode, we break down the airport operators industry — a toll-road style business with high entry barriers, predictable cash flows, and long-term growth potential. We explore global case studies, India’s aviation value chain, and a deep dive into key companies. We also cover revenue models, valuations, risks, and the future outlook of the sector. If you’re interested in asset-heavy businesses and long-term compounding themes, this episode is for you.

Send us a text This special SOIC podcast with Ishmohit Arora dives deep into the Q2 FY26 earnings season and the real trends shaping India’s markets. We break down which sectors delivered standout results — from Pre-Engineered Buildings, Banks/NBFCs, Auto Ancillaries, Shipbuilding, Telecom, Ports & Airports , to strong performers in Diagnostics, Ratings, and Power . You’ll also learn how earnings downgrades are bottoming out, which sectors show early strength for H2, and the concalls every serious investor should read. Packed with insights, frameworks, and practical habits, this episode will sharpen your research process and help you understand where the next set of opportunities may emerge.

Send us a text Get ready for an exclusive deep dive into one of the fastest-growing industries on the planet — Drones & Anti-Drone Systems. You’ll learn why this has become a sunrise sector, how modern warfare is changing, the full drone value chain, key components, global leaders, Indian players, and how drones are now used in defence, agriculture, logistics, and critical infrastructure. A quick but powerful overview of where the future of unmanned systems is headed.

Send us a text In this episode, we break down why FIIs are increasing investments in the Banking & NBFC sector. We explain the 3 key banking cycles—net interest margins, asset quality, and credit growth—and how all three are improving right now. You’ll also learn the ROA framework to evaluate banks/NBFCs, understand NPA trends, and why guidance from major lenders points to stronger credit growth ahead. We also discuss why this could be the early phase of a new sector upcycle, with banks leading and autos likely to follow. We go through multiple companies across the sector to help you understand how to study them better. Perfect for anyone who wants to understand how the banking cycle works, what’s changing now, and how to approach this sector smarter.

Send us a text Welcome to this episode by SOIC, where we break down India’s fast-growing Pre-Engineered Building (PEB) sector — the backbone of modern manufacturing. In this episode, you’ll learn what the PEB sector is, its total addressable market, and why it’s becoming a key part of India’s private capex boom. We’ll explain how the industry works, its short order cycle, high operating leverage, and what drives growth. We’ve also covered many leading Indian companies operating in this space, comparing their capacities, business models, and regional focus. You’ll also learn about the key risks, valuations, and technical trends shaping the sector. By the end, you’ll understand how the PEB industry is driving India’s new wave of efficient, next-gen manufacturing infrastructure.

Send us a text In this episode, we dive deep into the Battery Energy Storage (BESS) landscape — one of the most exciting and fast-evolving parts of India’s clean energy future. You’ll learn about the need for BESS , the TAM (Total Addressable Market) of the industry, and how it fits into the global shift toward renewable power. We explore the international and Indian value chains , understand where the real profit pools lie , and discuss the key risks and challenges shaping this emerging sector. Along the way, we also go through many companies that are building capabilities across the BESS value chain — from raw materials to large-scale storage solutions. By the end of this episode, you’ll have a complete picture of how India’s battery energy storage ecosystem is developing, what opportunities it holds, and what it means for the next decade of the energy transition.

Send us a text In this Diwali special SOIC podcast, Ishmohit Sir and Amit decode the latest Q2 results and share insights across banking, auto, consumer, and pharma sectors. Learn how to identify early trends, spot “tailwind” industries, and use AI tools like ChatGPT to analyze company reports smarter. You’ll also discover how India’s premiumization and consumption cycles are shaping the next phase of growth—and how to find the best small & mid-cap opportunities for the coming years. 🎧 Perfect for investors who want clear, actionable insights—not noise.

Send us a text In this episode, we decode why PPFAS Mutual Fund has invested in Zydus Wellness — the company behind brands like Sugar Free, Everyuth, Nutralite, and Max Protein . You’ll learn how Zydus is shifting from seasonal FMCG products to fast-growing health and nutrition categories, expanding across India and even into Europe. We also discuss key insights on growth, acquisitions, valuations, and risks — all in a clear, easy-to-understand way.

Send us a text Ever wondered who really wins when the temperature rises? In this episode, we break down India’s air conditioner industry — its seasonality, growth drivers, and profit pool. You’ll learn how the entire value chain works, from component makers to brands, and discover insights from five major companies shaping India’s cooling story. A must-listen for anyone who wants to understand where the real long-term opportunities lie.

Send us a text In this episode of SOIC Podcast, Co-Founders of Persistence Capital , Ishmohit Arora and Siddhant Bhandari (CIO & Global Investor), break down the big themes shaping markets in India and across the world. You’ll learn: Why some stocks rise on growth-at-any-price and the risks behind them How to spot self-help stories — companies that reinvent themselves and create long-term wealth The global megatrends driving the future: AI, power demand, defense, and Trump trades Insights on the Indian market outlook and what divergence with global markets means for investors Perfect for investors who want clear mental models, global context, and practical frameworks to navigate markets with confidence.

Send us a text In this episode, we break down the alcohol industry in India — from market size and categories to pricing, premiumization, and consumer trends. You’ll learn how volume and value growth differ, why premiumization is driving higher margins, and what challenges the industry faces with high taxes, strict regulations, and advertising bans. We also explore key mental models to understand what makes a company successful in this space, including cost control, distribution, exports, and focus on high-value products. And finally, we cover six of the best businesses in this sector to give you a complete picture of where the future opportunities lie.

Send us a text In this SOIC Podcast, Digant Haria (Co-Founder, GreenEdge Wealth Services LLP) breaks down the NBFC and Banking cycle and explains how investors can prepare for the next upcycle . You will learn: How to understand good vs. weak cycles in financial services A framework to analyze NBFCs and Banks across 7 sub-segments Insights from 40–45 leading companies in the sector How to pre-position as an investor before the next growth wave This episode is packed with practical frameworks and real-world examples to help you think beyond company quality and focus on timing cycles for smarter investing . 📌 Note: This discussion is for educational purposes only and not stock recommendations.

Send us a text In this SOIC Podcast, Prabhakar Kudva (Samvitti Capital) shares insights from 17+ years of investing experience. We discuss how markets move through bull, bear, and sideways phases, why sideways markets are becoming more common, and what patterns emerge during corrections. You’ll learn the biggest mistakes investors make, how to avoid them, and practical ways to thrive in corrections. A must-listen for anyone serious about building a long-term investing mindset in 2025 and beyond.

Send us a text Welcome to SOIC Business Analysis. In today’s episode, we break down one of the most important moves by the Indian government — the recent GST cuts. We’ll understand why GST rates were reduced, what it means for the economy, and which sectors are the biggest beneficiaries. From autos and banks to consumer goods, dairy, travel, apparel, footwear, consumer durables, and cement — we’ll look at the value chain of each industry and how these changes can impact growth, credit demand, and the stock market. If you want to learn how policy decisions translate into business opportunities and investment insights, this episode is for you. Stay tuned till the end for clear takeaways you can apply as an investor.

Send us a text In this episode of SOIC, we simplify the powerful SOTP (Sum of the Parts) valuation framework , a method to value complex businesses with multiple segments. Using easy analogies like the cake example and real-world case studies, you’ll learn how to apply Conglomerate Discount and Holding Company Discount , and see step by step how Edelweiss can be valued by breaking down its 7 business units—Asset Management, NBFC, Mutual Funds, Insurance, Housing Finance, and ARC. By the end, We also discuss future triggers like IPOs, demergers, and business break-evens, giving you the same lens that smart investors use to track opportunities.

Send us a text In this episode of SOIC, we explore how retail investors can check if company management is truly walking the talk . Using a simple AI prompt, we share real case studies of Hikal, JK Lakshmi Cement, TD Power Systems, and Mayur Uniquoters. This framework will help you create a management report card before investing and make smarter stock market decisions.

Send us a text Wondering how India’s markets and industries are performing? In this episode, we decode Q1 FY26 results like never before — from the broader indices to sector standouts like banking, pharma, healthcare, IT, defence, and transmission. Discover companies delivering 50%+ PAT growth, key macro triggers, RBI’s policy shifts, and the next big themes to watch. Perfect for investors who want insights, not noise.

Send us a text In this episode, you’ll learn about 7 powerful themes driving India’s growth – pharma distribution, premium SUVs, solar pumps, premium alcohol, gold finance, power transmission, and next-gen manufacturing. From every theme, within each theme, we discuss companies that are scaling fast and positioned for strong growth in the coming years — along with the key triggers and opportunities over the next 3–4 years. A must-listen for investors who want to spot the next wave of winners.

Send us a text Ever wondered which CDMOs are driving growth—and where the hidden risks are? In this episode, we unpack the Q1 FY26 results of leading players, including Ami Organics, Laurus Labs, Neuland Laboratories, Jubilant Pharmova, Piramal Pharma, Syngene International, Hikal Ltd, Blue Jet Healthcare, and Aarti Pharmalabs. From capex moves and margin trends to valuation caution and IPO red flags, we highlight what really matters for investors. Whether you’re an equity investor or simply curious about India’s fast-evolving pharma outsourcing story, this episode gives you the clarity you need to spot opportunities in a hot, lumpy sector.

Send us a text In this episode, we break down the current state of India’s NBFC and banking sector to assess whether a true revival is underway. From RBI’s liquidity tightening to rising NPAs, we explore how different lending models are navigating stress. We dive into five key NBFC segments — Gold Loan NBFCs, Commercial Vehicle Lenders, Conglomerate-Backed NBFCs, SME/MSME Lenders, and Microfinance Institutions — to understand asset quality trends, growth challenges, and what lies ahead. If you're investing in financials, this episode offers a grounded, timely perspective on where the sector really stands.

Send us a text In this thought-provoking episode, Siddhant Nautiyal from SOIC dives into a real conversation with Ishmohit on today’s confusing market. Is this the start of a new bull run — or are we stuck in a dull, directionless phase? They unpack it all: the kind of market we’re in, how much macro factors like RBI policy and inflation really matter, how investors should approach recent IPOs, and whether exporters can hold up under global tariffs. You’ll also hear insights on technical chart signals, which concalls reveal sector trends, and the most important lessons from this cycle — all tied back to timeless SOIC-style frameworks like TVGP. Siddhant brings the tough questions — and Ishmohit breaks it all down with clarity and depth. 🎯 If you’re a serious long-term investor, this is one conversation you won’t want to miss.

Send us a text In this episode, we dive deep into one of India's most powerful and underappreciated sectors — the dairy industry. You'll learn how milk moves from rural farms to urban shelves, how regional players build trust with farmers, and why value-added products like cheese, yogurt, and protein are driving the next phase of growth. We break down: ✅ The full dairy value chain ✅ Why the industry is regional and cyclical ✅ India's top listed and co-operative dairy brands ✅ Where the margins really are ✅ Risks investors must watch ✅ Technical + valuation insights on key stocks Whether you're an investor, operator, or just curious — this episode will change the way you see your morning milk.