One is always eager to see the portfolio holdings of big successful investors in the stock markets in order to learn from them. Some of the portfolio holdings of these investors have become their biggest wealth creators. So, in this blog post the top 3 investments by top 3 investors will be discussed.
- RAKESH JHUNJHUNWALA
Titan Company Ltd. – Who doesn’t know that Titan was Rakesh Jhunjhunwala’s biggest wealth creator. Titan, owned by the Tata Group is among India’s biggest lifestyle companies. 89% of its revenue come from jewellery division, 8% from watches and wearable division and 2% from eyewear division. It has established and reputed brands including Tanishq, CaratLane, Fastrack, Tommy Hilfiger, Sonata, Anne Klein, Titan eyewear and Fastrack and Glares. Titan has a diversified retail presence and high brand value among its customers. As of 13th November 2022, the market capitalization of this Tata-owned company is ₹ 2,35,423 crores. Rakesh Jhunjhunwala holds 5.54% stake in Titan. The current valuation of his holding is approximately ₹ 13,000 crores. Titan accounts for 26% of his portfolio.
Star Health and Allied Insurance Company Ltd. – Star Health Insurance is India’s first standalone health provider. It is the largest private health insurer in India with a market share of 15.8%. Most of its revenue come from the retail health segment. It has a pan India presence with 779 health insurance branches across 25 states and 5 union territories. It also has one of the largest health insurance hospital networks in India with more than 11,778 hospitals. As of 13th November 2022, the company has a market capitalization of ₹ 40,119 crores. Rakesh Jhunjhunwala holds 17.43% stake in this private health insurer, amounting to approximately 7,000 crores valuation in his portfolio. Star Health accounts for 17.5% of his portfolio.
Metro Brands Ltd. – Metro Brands is one of the key players in retail footwear segment in India. They sell footwear under the brands – Metro, Mochi, Walkway, Da Vinchi, and J. Fontini, Crocs, Skechers, Clarks, Florsheim, and Fitflop. They also sell accessories such as belts, bags, socks, masks, and wallets as well as some foot-care and shoe-care products. It has a high brand loyalty among Indian customers. As of FY2021, Metro Brands had an average selling price of ₹ 1,328 as compared to ₹ 534 and ₹519 for Bata India and Khadim respectively. As of 13th November 2022, the market capitalization of this company is ₹ 21,712 crores. Rakesh Jhunjhunwala holds 14.43% stake in Metro. The current valuation of his holding is approximately ₹ 3000 crores. It accounts for 7.5% of his portfolio.
- VIJAY KEDIA
Tejas Networks Ltd. – Tejas Networks is a global Research and development driven telecom equipment company. It designs, develops and manufactures high-performance optical and data networking products that are used by telecom service providers, government and defense networks. On July 29, 2021 it came to an agreement with Panatone Finvest Ltd., a subsidiary of Tata Sons Private Ltd. It has a national as well as international presence, with 47% and 17% of its revenue coming from India-private segment and India-government segment respectively, and 36% of its revenue coming from international segment. It has key geographical presence in USA, UK, Mexico, Brazil, South Africa, Nigeria, Kenya, UAE, Bangladesh, Philippines, Singapore and Malaysia. Some of its biggest Indian customers are Reliance Jio, Airtel and Vodaphone Idea. As of 13th November, 2022 the market capitalization of this company is ₹ 9,604 crores. Vijay Kedia approximately holds 2.56% stake in Tejas Networks. The current valuation of his holding is approximately ₹ 256 crores.
Talbros Automotive Components Ltd. – Talbros Automotive components ltd. is engaged in the business of manufacturing gaskets and forgings, which are used in automobile manufacturing. 66% of its revenue comes from gaskets segment and 34% from forgings segment. The customers of this automotive component company include – Hero MotoCorp, Bajaj Auto, Tata Motors, Jaguar Land Rover (JLR), Volvo Hyundai, KIA and Maruti. The management of the company focuses on the idea of low capital expenditure (capex) and high-capacity utilisation to increase productivity and cut costs. As of 13th November, 2022 the market capitalization of this company is ₹ 609 crores. Vijay Kedia approximately holds 2.27% stake in Talbros. The current valuation of his holding is approximately ₹ 13,000 crores.
Mahindra Holidays and Resorts India Ltd. – Mahindra Holidays and Resorts India Ltd., a part of the Leisure and Hospitality sector of the Mahindra Group is engaged in the vacation ownership business. As of now, the company has a member base of over 2,50,000. It has 100+ resorts in India, Asia, Europe, and the USA. Its main subscription models include Club Mahindra, which entitles its members a week’s holiday every year for a period of 25 years and Club M Select, which allows members access to over four lakh hotels in India and worldwide, over 70,000 international excursions, and several luxury lifestyle offerings like gourmet dining, movie pass, etc. As of 13th November, 2022 the market capitalization of this company is ₹ 5,443 crores. Vijay Kedia approximately holds 1% stake in Mahindra Holidays. The current valuation of his holding is approximately ₹ 55 crores.
- ASHISH KACHOLIA
Carysil Ltd. – Carysil Ltd. (Acrysil) is involved in the business of manufacturing and trading of Quartz Kitchen Sinks, Stainless Steel Kitchen Sinks, Bath Products, Tiles, Kitchen Appliances and Accessories. Acrysil is the only quartz sink manufacturer in Asia. Acrysil has entered into a strategic partnership with IKEA (Switzerland) for manufacturing and supply of composite quartz kitchen sinks for their global requirement. It gets 80% of its revenue through exports. As of 13th November, 2022 the market capitalization of this company is ₹ 1,317 crores. Ashish Kacholia approximately holds 3.74% stake in the company. The current valuation of his holding is approximately ₹ 51 crores.
Best Agrolife Ltd. – Best Agrolife is involved in the business of trading pesticides and agrochemicals. The product portfolio of more than 60 active ingredients and various formulations of pesticides and plant micronutrients. In FY20, 80% of its revenue was earned from trading of Agrochemicals/Pesticide Products and 12% from trading of PVC and Plastic Products. The company is working towards expanding their distribution network to more than 2000 dealers and more than 25 depots. They are also in the course of obtaining license from international markets – Vietnam, Myanmar, UK, and USA. As of 13th November, 2022 the market capitalization of this company is ₹ 3,599 crores. Ashish Kacholia approximately holds 1.46% stake in the company. The current valuation of his holding is approximately ₹ 52 crores.
Safari Industries (India) Ltd. – Safari Industries is among the top 3 luggage brands in India. It has a market share of 20-22% in the organized luggage sector. The company is involved in the manufacturing and trading of soft luggage (made of fabrics of various kinds) and hard luggage (mainly made of Polypropylene and Polycarbonate). It manufactures hard luggage at its plant in Gujarat. Previously, large proportion of soft luggage were imported from China. Due to increased cost of buying from China, Safari has significantly increased its procurement of soft luggage and backpack categories from the domestic market and Bangladesh. The brands of the company are – Safari, Magnum, Genius, and Genie. As of 13th November, 2022 the market capitalization of this company is ₹ 4,438 crores. Ashish Kacholia approximately holds 2.59% stake in the company. The current valuation of his holding is approximately ₹ 101 crores.
These were some of the top investments by top investors. These stocks have brought much wealth to these investors. What do you think, do you hold any stocks which can prove to be as multibagger for you in the future?