You will learn to judge whether a company is financially healthy and fairly priced, by reading its annual report, financial statements and key ratios. The course runs for about 1.5 months in a classroom format.
The focus is practical. Instead of memorising definitions, you work through real-format balance sheets and profit and loss statements and learn what to look for.
- Reading the balance sheet, P&L and cash flow statement.
- Ratios such as P/E, P/B, ROE, ROCE, debt to equity and margins.
- Industry and economic analysis: why a cement company behaves differently from an IT company.
- Management quality, promoter holding and red flags like rising pledges.
- Basic valuation, so you can tell whether a good company is also reasonably priced.
Take a hypothetical company, ABC Ltd, trading at ₹400 with earnings per share of ₹20. Its P/E is 20. Is that cheap? Only if you compare it with peers, its growth rate and its own history. The course teaches you to ask those follow-up questions.
A common mistake is buying a stock because profits jumped one quarter, without checking whether cash flow kept up. Profits on paper and cash in the bank can tell very different stories.
For a quick taste, read 10 ratios to check before buying a stock. The full syllabus is on the Fundamental Analysis course page.