Squirera Research

Fundamental research

A research library on the Nifty 50.

Squirera Research studies businesses through their annual reports and filings. Our first library covers every company in the Nifty 50.

View the library

The library

The Nifty 50 library

One evaluation for each company in the index, covering the business, its financials, its management and its key risks. Filter by industry or search by name.

Constituents follow the NSE Nifty 50 list dated 13 November 2026. Industry classifications are NSE's.

Coming by 30 November 2026

More research is on the way.

We are preparing two further collections and expect to publish both by the end of November.

Deep dives Detailed reports on individual companies.
The letters Notes on Warren Buffett's letters to shareholders.

Approach

How we work

We are students of Warren Buffett and still have a great deal to learn. Our work is fundamental: we begin with the business and what it has filed, and we try to be clear about what we do not know. Each evaluation considers five areas.

Our focus is on long-term compounding.
  • The businessWhat the company does and where its returns come from.
  • Capital allocationHow cash is deployed and what it has earned.
  • ManagementThe record of the people running the company.
  • RiskWhat could permanently impair the business.
  • MistakesWhere the company has erred, and where our own analysis may be wrong.

Reading list

Books and letters we have learned from