Siddharth Dandekar
Verified Expert in Finance
Finance Expert
New York, NY, United States
Toptal member since August 20, 2020
Sid is a finance expert with 10 years of experience. He has advised institutions on 50+ stocks with a market cap aggregating $2 trillion. His deep valuation and due diligence expertise cover both developed and emerging markets across the consumer goods, real estate, technology, and retail sectors. Currently, Sid is overseeing his family investment office while leveraging his unique insights as both an owner and adviser to help clients attain their financial and operational objectives.
Career Highlights
Education Highlights
Certification Highlights
Software Expertise
Other Expertise
Work Experience
Research Analyst
Wolfe Research
- Ideated and published differentiated, value-added equity research for clients on 25 stocks across food/broadline/hardline retailers, auto parts retailers, and the US housing landscape.
- Spearheaded primary (and follow-on) research of India's eCommerce industry, using primary sources to uncover, forecast, and analyze Walmart (Flipkart) and Amazon India financials, competitive positioning, and challenges.
- Led the research coverage of the first large, non-US equity for the consumer team, leveraging proprietary framework.
- Managed and mentored associates—primarily research, writing, and valuation (three-statement modeling and accretion/dilution analysis).
- Built and maintained updated earnings and industry dashboards.
Research Analyst
UBS
- Spearheaded the primary research coverage of nine US public homebuilders with aggregate market cap of approximately $100 billion.
- Interacted regularly with C-level leaders; led strategic analysis and ad hoc projects to gain deeper insight into key sector trends; and developed relationships with real estate agents, local experts, and other industry participants.
- Used sector expertise to forecast quarterly and five-year (or longer) operating models for each builder with market benchmarks.
- Built upside and downside scenarios and refined the valuation framework (P/B driven by ROE).
- Added value to leading institutional investors through topical conference calls, bespoke events, and corporate access.
Investment Banking Associate
HDFC Bank
- Led a $135 million debt-funding transaction for the Indian government’s confidential banknote paper project.
- Conducted financial modeling and due diligence for a $60 million acquisition financing generating $600,000 in underwriting fees.
- Incorporated DCF and NPV to model detailed lease terms and structure IRR-enhancing commercial real estate transactions.
- Analyzed the credit profile and built financial models for debt deals aggregating $1.3 billion, including L&T ($230 million) and Reliance Industries ($700 million), propelling HDFC Bank from number 15 to number four in the Indian bond league table.
Lead Business Analyst
Smart Tuition
- Led the rollout of Tuition Aid, a financial aid assessment tool, incorporating advanced SQL and Excel skills to create daily financial/operational dashboards for investors. Tuition Aid contributed 10% to revenue in year one.
- Used advanced SQL to analyze parent and family data.
- Recommended process enhancements for data collection, invoicing, and call center operations.
Education
Master of Business Administration (MBA) in Finance
New York University - New York, NY, USA
Master's Degree in Engineering
Purdue University - West Lafayette, IN, USA
Bachelor's Degree in Computer Science
University of Mumbai - Mumbai, India
Certifications
Chartered Financial Analyst (CFA)
CFA Institute
Skills
Finance
DCF Valuation, Finance Strategy, Financial Modeling, Financial Reporting, Forecasting, Revenue & Expense Projections, Mergers & Acquisitions (M&A), Equity Research, Capital Raising, Term Loans, Three-statement Modeling, M&A (Sell-side), Data Analysis, Valuation, Investment Thesis, P&L Forecasting, Asset Valuation, Revenue Modeling, Leveraged Buyout Modeling, Valuation Multiples, Bank Covenants, Investment Return Scenario Analysis
Output Software
Microsoft Excel, Microsoft PowerPoint
Data & Analysis Software
Bloomberg, FactSet, Capital IQ, SQL
Industry Expertise
Financial Services
Geographic Expertise
United States, India
Other
Cash Flow Analysis, Excel Macros, Pivot Tables, Industry Analysis, Underwriting, Direct to Consumer (D2C), eCommerce, Research Reports, Leveraged Credit, Sell-side, Dashboards, Microsoft SQL Server, DCF Modeling, Equity Investment, Financial Ratios, Leveraged Buyout (LBO), Scenario Analysis, IRR, NPV Calculation
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