Does this Indian company really have a moat?
Search 507 listed companies. See the MoatSCORE, the filing evidence behind it, the competitive risks — and what would change the verdict.
Latest research
All research →The Moat Is in the Segment, Not the Company
Gulf Oil's CFO drew the line in two sentences: B2C retains price on the way down, B2B is formula-bound. One company, two streams — only one with pricing power.
Gulf Oil · Orkla · VijayaCompanies With Real Pricing Power in India: The Test Is a Price Cut, Not a Price Hike
Blue Star raised prices and margins fell anyway. Marico cut into falling copra and grew volume 10%. The standard test is inverted — the down-cycle is the real exam.
Marico · Apcotex · CDSLWide-Moat Stocks in India: We Scored 113 Companies and Found None
Every India list has thirteen names. Our filings-based read of 113 companies found zero wide moats — and CDSL just demonstrated why position without pricing power does not count.
113 scored · 0 wideWhere to start
Company research notes
Every company we cover, newest first — the moat verdict, the evidence, the receipts.
507 companiesLong-form articles
The bigger arguments: what the filings show across a whole sector or theme.
Deep readsThe Moat Screener
All 507 companies scored across seven moat dimensions, in one table. No signup.
507 scoredMoatSCORE 6.0
Seven scored mechanisms, hard gates, and a rule that outcomes can never prove a moat — only mechanisms that survive a downturn count.
- Dual-mode price discretion — raise prices, or hold them down and still out-earn
- Barrier gate takes the worse of replicate vs. bypass
- Same evidence reproduces the same score
The disruptor is the most exposed, not the least
Birla Opus scores last in the paint sector at 4.99 — and the reason is the most instructive finding in the series.
What it built in roughly two years is genuinely extraordinary: a pan-India dealer network across 11,500 towns, 50,000 dealers, service levels matching the benchmark the incumbent's moat was famous for — near four-hour delivery in depot towns.
The framework scores barriers, not achievements. Its replication barrier is the weakest in the sector precisely because it just proved this position can be assembled in twenty-four months with a chequebook. Nobody has attacked it yet — it is the one attacking — so its durability is untested by construction.
Moats. Margins. Mastery.
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