About·Front Wave Research LLP

A curve ahead,
for the next opportunity.

Front Wave Research brings institutional-grade research to independent investors. We are a SEBI-registered Research Analyst (INH000018407) based in Mumbai, backed by a team of experts. Every call is dated, signed, and revisited.

  1. Every rating is a clear view.

    Each name we cover is a buy or a sell, so you always know where we stand.

  2. Targets are rebuilt, then reset.

    When a stock reaches its target, we book it or rebuild the model from the ground up before setting a new one.

  3. Funded entirely by our members.

    Our research is paid for by the people who read it, so every note is written for them.

  4. Independent estimates.

    Management guidance is one input. Our forecasts come from our own model, and each note shows where we differ.

  5. Entries at the right price.

    We publish ideas while the opportunity is still ahead of you, with entry ranges set before the call goes out.

How a report is built

From thesis to publication.

Every initiation goes through the same four steps. Updates run a shorter version of the same loop.

  1. 01

    Idea screen

    Mid-cap and small-cap companies screened for earnings momentum, capital efficiency and balance-sheet quality. An idea moves on only if the desk can defend it in writing.

  2. 02

    Modelling & management diligence

    A three-statement model built from filings, with scenario analysis, management calls and site visits where they matter. The model is the report's spine.

  3. 03

    Internal red-team

    A second analyst challenges every draft. The bear case is written down and answered, or the call is downgraded or shelved.

  4. 04

    Publish + maintain

    We publish the initiation, update it every quarter, and cut the call publicly when the thesis breaks.

Step in

Talk to the desk.

The quickest way to see if we're a fit is a 30-minute call with one of our analysts. Tell us your portfolio, your risk appetite, and your time horizon, and we'll tell you which of our calls suit you, and which don't.