Business Breakdowns: How Companies Make Money
A business breakdown explains how a company actually makes money: what it sells, who pays, what protects it from competitors and what could go wrong. OneTrader’s breakdowns of Indian and global companies are grouped here by industry so you can compare businesses that operate under similar economics.
Each article is educational research, not a buy or sell call. Read them alongside the company’s own filings.
Banks, insurers and capital markets
- ICICI Bank business model and moat
- HDFC Bank business model and merger impact
- Tata Capital business model and growth strategy
- PNB Housing Finance business analysis
- Bajaj Housing Finance business model
- SBI Cards business model
- Fusion Micro Finance business model
- Star Health Insurance profit recovery
- Policybazaar business model
- Angel One business model
- How CDSL makes money
- HDFC AMC business model and moat
- CAMS stock analysis
- KFin Technologies stock analysis
- CAMS vs KFin Technologies compared
- MCX: the commodity exchange monopoly
Healthcare and pharma
- Lupin: beyond generics
- Gland Pharma: injectables giant
- Piramal Pharma business model
- Sai Life Sciences business model
- Medi Assist business model
- Dr. Agarwal’s Health Care business model
- MedPlus Health Services business analysis
- Anlon Healthcare stock analysis
Technology, telecom and AI
- Jio Platforms business model
- Vodafone Idea and its 5G turnaround
- Eternal: Zomato and Blinkit business model
- NVIDIA business model
- AMD business model
- AMD vs NVIDIA compared
- ServiceNow business model
- Netweb Technologies business model
- E2E Networks and AI cloud growth
- Tanla Platforms business model
- Tech Mahindra business analysis
- Wipro business analysis
Defence, engineering and manufacturing
- Tonbo Imaging defence technology business
- MTAR Technologies business analysis
- HBL Engineering business analysis
- Bharat Forge business model
- Happy Forgings: precision engineering
- KRN Heat Exchanger business analysis
- Avalon Technologies: EMS manufacturing
- Sona BLW: from auto parts to mobility technology
- Amara Raja battery business model
- Blue Star air-conditioning business
- Raymond’s shift to precision engineering
Energy, power and infrastructure
- NTPC Green Energy business analysis
- Power Grid Corporation business model
- SJVN’s hydro-to-renewable pivot
- ACME Solar business model
- Premier Energies business model
- IREDA: green financing
- RVNL business analysis
- Bajel Projects: transmission infrastructure
- Hindustan Copper business analysis
Consumer, retail, real estate and logistics
- DMart: the retail giant’s growth test
- ITC business analysis
- Colgate-Palmolive India business model
- Burger King India turnaround
- Electronics Mart India analysis
- BlueStone Jewellery business analysis
- Lodha Developers stock analysis
- Godrej Properties business model
- IndiGo Airlines business model
- How IRCTC makes money
- Delhivery business analysis
- VRL Logistics business analysis
- Meesho business model and strategy
Related hubs: IPO Analysis and ETFs and Investing. Browse the full business breakdown archive.