Sonali Salgaonkar

Sonali Salgaonkar works as a Senior Vice President with Jefferies India, with ~17 years cumulative industry work-experience . Her educational qualifications are BE (Computer Engineer) and MBA (Finance) and CFA (USA) – Level 1

What I am Known For

• Sonali leads Jefferies India SMID franchise, covering 20 stocks across ~8 sectors. Her research encompasses EMS / Contract Manufacturers, Electricals, Cables & Wires, Consumer Durables, Adhesives, Plastic Pipes, Building Products, Graphite Electrodes. Sonali also works on Midcap Strategy reports. Her strong points include 1) balanced approach to stock ratings, 2) well-timed calls and thorough analysis on companies, 3) focus on growth drivers, earnings quality and FCF, 4) in-deep sector knowledge and modeling, and 5) good corporate access, channel checks.

How I am Different

• Strong calls in India SMID / Industrials – Examples: Amber Enterprises (AMBER IN), Polycab (POLYCAB), Supreme (SI), Kaynes (KAYNES), Blue Star (BLSTR) and Syrma SGS (SYRMA). Thematic notes on India EMS industry, PLI scheme deep dive, India Capex Beneficiaries, Deep-dive Annual Report Analysis. Consistent channel checks for Appliances, Durables and Building Products. Sonali covers a wide spectrum of sectors, including niches such as Graphite Electrodes. She also hosts Industry Expert Speaker sessions for clients.

Corporate & Strategic Access

• Sonali is very strong with C-level corporate access – mainly Promoters / Directors . Few examples of differentiated corporate access during the year are: 1) AMBER Promoter’s NDRs in the US and UK each , 2) POLYCAB senior management NDR in the US , 3) Blue Star Promoter NDR in the UK, 4) Astral CFO’s NDR in Dubai , 5) KAYNES Promoter’s investor meetings in the US and UK, 6) Graphite India Promoter meetings , 7) Supreme Industries’ mgmt meetings