We allow search across all the documents in the system (currently, these are annual reports, shareholding documents, insider trade filings) either focusing on a particular company or across companies. On all of the search screens you can further refine the query based on the facets by checking boxes on the left of the screen and hitting filter. Some tips on the search query itself:
Force presence of words in documents: +a +b
Search queries where multiple words are typed are treated such that the words optionally appear in the documents; so documents that contain all words might be ranked higher but other documents with just a subset of the words will also be returned. To require the presence of a word in a document, prefix the word with a +. So a query for +director +remuneration will return documents containing both these words.
Require proximity of words: "a b"~n
Using the query "a b"~n returns documents where the words a and b are within n tokens in the document. So to search for say Rakesh Jhunjhunwala the query "rakesh jhunjhunwala"~3 will return more accurate results since this will also return documents where his middle name is included.
Variations in word spellings: a~
Sometimes there are common variations of word spellings used. For example, in researching airlines one might want to look for the revenue per seat kilometer. Using the query +revenue +seat +kilometer~ will allow for variations of spellings in kilometer to appear in the search results.
Search within a companies documents
While it is easy enough to get the annual report of the company you are researching, often you would want to quickly find some piece of information either for a competitor or for the same company across years. Investing often is a about establishing comparative advantage and so one needs to be able to compare information across companies/over time. While one can go and download the annual reports for the corresponding company/year and then find the required information, we want to make this whole process easy and quick.
Let us say you are researching a home finance company (Can fin home and you are reading about their low NPAs). You quickly want to compare these numbers with a different home finance company (say Repco Home finance). Just start typing Repco in Box 1; and pick the company. Type in npas in Box 2 and you can get your answer in a few of seconds. Select the year and filter to see this over time. While we are working on improving the search, you might have to try different variations of keywords to get your desired result.
Search across companies
Since we have aggregated information for all companies; you can also use the tool to do searches across companies to find other useful information. Just click on the "Alpha Analyst" on the top left of the screen to get to home page for doing searches. Some examples are listed below.
You want to find companies with the recent insider buying above a certain amount in the market. On the main page, fill in the form specifying the lower limit of the amount and the date after which you want to look at the transactions; and you can then browse these transactions to find companies that might of interest given that the insiders are buying ont he market.
You know of Sanjay Bakshi's Valuequest India Moat Fund and want to see which companies they have invested in. Search for "valuequest india fund"~5 (this means that you are looking for these words within 5 words of each other. For more details on the search notation you can use please look at this query tutorial . In seconds you find that this fund invested at some point in companies like Accelya Kale, Ashiana, Kitex and Kewal Kiran clothing etc. Of course, the investor you are invested in does not hold a big enough stake you will never know.
Example: You are looking at a company, say Shilpi Cables that has undergone a meltdown (in early May 2016). You want to see what credibility you can assign to the auditor. Do a search for "rma associates"~5 and quickly figure out the 3 other companies that this auditor is auditing/has audited. You can use this same idea to establish the credibility of directors of a certain company. We will be adding more tools to simplify such analysis.
Example: You like a certain company say Piramal Enterprises (PEL) and want to find other related companies to consider for investment. You simply search for "Piramal Enterprises" and look at the companies that show up in the facets on the left. Other than obvious ones Piramal Enterprises; you see other companies which are there because of various different relations. e.g. Aarti drugs has an investment in PEL, Navin Fluorine has a joint venture, IIFL has common people on the boards etc. These might throw up surprising and useful connections.
Browsing financial statements and schedules of a company
When looking to research a company, you would typically start at the financial statements. You can navigate to financials which have been pulled out from the annual reports of the companies by typing the company name in Box 1. You can go to the original source of the document by clicking on the You can use the links in the table to navigate to the corresponding note. Not all companies will have all financial statements extracted; we are working on this and if you would like to have a certain company available let us know. Also note that you can cut and paste the tables from this page into an excel spreadsheet for further analysis. We will be adding richer information on this company page by processing the annual reports; stay tuned for updates!