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"I travel across the country to hunt down small caps with
explosive profit potential"
- Richa Agarwal

Richa Agarwal

Richa Agarwal
Editor of Hidden Treasure

Hidden Treasure

Phase One Alert

Richa Agarwal is the editor of two extremely successful services in the small cap space - Hidden Treasure and Phase One Alert.

After getting her MBA in Finance from Symbiosis International University in Pune, Richa went to work for HSBC group (HSBC is the largest bank in Europe).

Though based in India, Richa was tasked with providing analysis for Europe based companies.

But she always questioned whether she could provide effective analysis of a company from 7,000km away...

This led her to Equitymaster, where, as a Research Analyst, she could focus solely on Indian companies. It also let Richa deploy her favorite investment strategy...

Boots on the ground research.

While most stock analysts do all their research from a stuffy office, Richa goes the extra mile...

She's travelled hundreds of thousands of kilometres in search of new investment ideas for Equitymaster subscribers.

One week, you might find her in Bangalore, interviewing the management team of a small IT startup...

And the next, she'll be on the factory floor of a cotton mill in Delhi.

This is the kind of due diligence that's led Hidden Treasure , Equitymaster's small cap recommendation service, to some spectacular recommendations for its subscribers.

Some of Hidden Treasure's superhits are i :

  • 7,321% in 9 years and 2 months with Page Industries
  • 2,421% in 8 years with e-Clerx Services
  • 1,058% in 6 years and 11 months with Balkrishna industries

When not traveling for work, Richa travels for adventure. When not 'scuttlebutting' companies for her research, she immerses herself in reading fiction.

Click here for a 30-day, risk-free trial of Richa Agarwal's Hidden Treasure.


i Returns as on March 31, 2018.

Articles By Richa Agarwal

Value Vs Growth Investing: And the Winner Is... podcast

Oct 23, 2020

It's time to rethink value versus growth debate and the way to play markets in 2020.

Is the Smallcap Rally Overheated?

Oct 13, 2020

My strategy to pick the best smallcaps in a post Covid world.

69% Gains from March Lows! This is Just the Beginning of the Smallcap Rebound

Oct 8, 2020

There's a huge difference in valuations between smallcaps and largecaps in the market. I believe the biggest gainers in the coming rebound will be high-quality small-cap stocks.

This Smallcap is a Must Have Stock in Your Portfolio

Sep 29, 2020

Investing in this smallcap could open doors of huge, long-lasting wealth.

My Top Stock to Buy in this Market Selloff

Sep 22, 2020

The recent correction offers a great opportunity to buy this high conviction smallcap stock.


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My View on ITC(Fast Profits Daily)

Oct 23, 2020

What do the charts say about ITC?

The 'Seedhi Baat, No Bakwaas' View on ITC(Profit Hunter)

Oct 12, 2020

Is ITC an investment or a speculation at current levels?

One of the Best Investment Opportunities in the Market Right Now(Fast Profits Daily)

Oct 16, 2020

The one sector that you should be looking at to make good profits.

Why India's Drone Revolution is a 4x Profit Opportunity(Profit Hunter)

Oct 16, 2020

My research on India's leading defence companies brought me to one major player in drone manufacturing.