Nitesh Bhadani, CA

Nitesh is one of the Founders of Marcellus.
He has 16yrs+ work experience across Investment Banking, Equity Research and Private Equity.

Nitesh has 16yrs+ work experience across Investment Banking, Equity Research and Private Equity. In his 6 years stint in Ambit Private Ltd, Nitesh worked across Institutional Equities and Investment Banking division of the firm. Prior to that Nitesh worked in the investment team of private equity firm SAIF Partners in Gurgaon. Before joining SAIF, Nitesh worked as equity research analyst in CRISIL and used to track Indian Telecom & Cement sector..

Qualification: Nitesh is a Chartered Accountant and MBA from the Indian School of Business – Hyderabad.

Articles by team Marcellus

NEWSLETTER
Earnings Growth in India: Sliding Nifty vs Rising CCP

Nifty50’s EPS growth moderated to 6% YOY in FY25 (from 24% CAGR over FY21-24) whilst valuations remain elevated (21x FY26 P/E for Nifty50). In stark contrast, Marcellus’ CCP portfolio’s earnings growth rate has been in the range of 17%-18% CAGR until FY24 and held firm at 14% YoY in FY25. Amidst a growing earnings growth […]


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NEWSLETTER
Portfolio performance and update on Fundamentals - May 2025

The NIFTY 50 is an Indian stock market index that represents the float-weighted average of 50 of the largest Indian companies listed on the National Stock Exchange. The BSE 500 index is designed to be a broad representation of the Indian market. Consisting of the top 500 companies listed at BSE Ltd., the index covers […]


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BLOG
The Seventh Commandment: Be Curious, Keep Learning, Ignore Credentialling

Summary: Focus on the ‘inner scorecard’ rather than the ‘outer scorecard’. Focus on continuous learning, knowledge & skill acquisition rather than credentialling. Look for new experiences, new opportunities to acquire knowledge and build new skills. [To find out what the Ten Commandments of Indian Entrepreneurship are, pls click here: https://marcellus.in/blogs/the-ten-commandments-of-entrepreneurship-in-india/] “We shall not cease from exploration […]


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