Nine Million Words

Between January 1 and February 18, 2026, we processed live earnings calls from 867 Indian listed companies across 39 sectors. The raw corpus: 9.18 million words of management commentary, analyst questions, and forward guidance, transcribed, summarized, and delivered in near real-time.

At average reading speed, that’s over 600 hours of text. 76 working days. 3.5 months of a full-time analyst’s time, consumed by a single quarter’s earnings calls.

Breadth

365 Nifty 500 constituents appeared in our processing window, 73.3% of India’s large-cap benchmark. Coverage spans 38 of 43 tracked sectors (88.4%).

The sector distribution mirrors the current shape of Indian capital markets.

Depth

Of completed companies, 99.87% have full transcripts, 99.62% have AI-generated summaries, and 92.58% have audio recordings. 92.2% have all three: the full intelligence chain from raw audio to structured insight.

Median transcript: 7,848 words. P95: 14,770 words. The longest single call hit 29,870 words across 2 hours. 169 companies had at least one call exceeding 60 minutes. 7 exceeded 90.

Resilience

Our live telephony pipeline peaked at 90 sessions on January 29, 3.7× its daily average.

69.9% of calls fully transcribed within 5 minutes of ending.

What the Words Say

9 million words is a corpus large enough to surface signal. The most frequently appearing non-generic terms across 792 ended calls, ranked by breadth:

Labour codes and supply chain lead, structural themes cutting across sectors. Tariff and GST appeared in 30% of all processed calls. Solar and data center reflect the capex cycle.

Some concentrated spikes: Dialysis appeared 86 times across just 2 calls. Genomics surfaced in 6. Wines in exactly 1.

This was Q3FY26 at production scale. Every call follows the same path: capture, transcribe, summarize, deliver. Built-in retry workflows ensure we don’t miss a call. 92% completion across 867 companies over 49 days of continuous processing.

Q4FY26 earnings start in April. We won’t miss a call.