About KARDB
Research built around
the numbers.
KARDB is being developed as a structured equity research platform focused on understanding businesses through financial analysis, ratios, peer comparison, industry context and market behaviour.

Founder & Research
Deepak Bhandari
Founder — KARDB Equity Research
KARDB is being developed with the objective of creating a structured approach to equity research where financial data, business analysis and market behaviour can be studied together.
The research framework focuses on understanding the business, analysing financial performance, studying ratios, comparing relevant peers and evaluating industry and market context.
The aim is to make research structured, transparent and easier to understand rather than relying on a single financial metric or isolated market signal.
KARDB Equity Research
A structured research framework.

What We Study
Multiple layers of company research.
Business
Business model, products, competitive positioning and growth drivers.
Financials
Revenue, profitability, margins, cash flow and balance sheet strength.
Ratios
Profitability, efficiency, leverage, liquidity and return indicators.
Peers
Consistent comparison with relevant companies and operating metrics.
Industry
Industry structure, cycles, competition and external factors.
Market Behaviour
Price structure, trends, momentum, support and resistance.