Live earnings calls
We're on the call. That single fact produces everything else.
Aggregators and global platforms are all downstream of a document the company eventually files. Being upstream of that changes what's possible — not marginally, but categorically.
What capture makes possible
Each of these follows from being on the call rather than reading about it afterwards.
A full transcript within minutes of the call ending, while the quarter is still being priced. Exchange filings land days later — and when four companies you hold report in the same hour, you attended one and have the other three immediately.
Attending a call costs the same whatever the company's size, so coverage extends well beyond the large caps — 980 companies against the 365 in the Nifty 500. The majority of our corpus is where sell-side coverage doesn't reach, which is where an edge is most likely to still exist.
Separating and identifying voices on a noisy Indian conference bridge is the difficult engineering, and it's what turns a transcript into a dataset. Every question is attributed: who asked, from which house, and whether they're a research analyst or an investor.
The practical use is immediate — you can see which research analyst asks the sharpest questions on a name, and therefore whose view is worth seeking out before you form your own.
The measurable gap between how management speaks and how analysts question. The share of questions coming from research analysts against investors. Which houses cover a name and how heavily. The structure of the exchange itself — who pressed, who was answered, and who was not.
What management said it would do, quarter by quarter, against what it then did. A document archive can't produce this; a single consistent capture over many quarters can. The same treatment applies to the research analysts covering a name — what they forecast, and how it turned out.
The subject is always the company or the covering analyst. Never your own team.
During a live call the system proposes follow-ups worth putting to management — drawn from guidance given last quarter and not yet addressed, what peers have already been asked, and what your own stated view depends on. You're on the call with a prompt sheet that updates as management speaks.
A document archive gives you files. A single consistent capture over many quarters gives you a time series — and a time series is the only thing you can actually compare against itself.