3 stocks in which Narayana Murthy’s family bought stake in june quarter
Synopsis: A well-known investor family office has picked up fresh stakes in three listed companies during the March quarter, spanning auto components, power equipment, and specialty steel, based on the latest shareholding pattern disclosures.
Every quarter, shareholding pattern filings offer a window into where seasoned investors are placing new bets. Fresh entries by a closely tracked family office often catch market attention, as they can hint at conviction in specific business trajectories. The latest disclosures reveal three such new additions, each backed by a distinct financial performance story worth examining.
Sansera Engineering
Catamaran Ventures picked up a fresh stake of 10,46,066 shares in Sansera Engineering during the quarter, valued at approximately ₹340 crore and amounting to a 1.7% holding in the company. With a market cap of Rs.2,350 Crores, the shares of Sansera Engineering closed at Rs.170.04 in Friday’s trading session.
Sansera Engineering is an auto components manufacturer that supplies precision forged and machined components to two-wheeler, passenger vehicle, and commercial vehicle original equipment manufacturers, both in India and overseas, with an increasing focus on aerospace and non-auto segments.
On the financial front, Sansera delivered a strong March quarter, with consolidated revenue from operations rising 28% year-on-year to ₹998.7 crore. EBITDA grew 52% to ₹192.9 crore, with margins expanding to 19.3% from 16.3% a year earlier. Profit after tax nearly doubled, up 108% year-on-year to ₹123.1 crore. For the full year, revenue rose 16% to ₹3,497.9 crore, EBITDA grew 23% to ₹632.1 crore, and profit after tax increased 51% to ₹326.9 crore, with diluted earnings per share of ₹51.93.
TD Power Systems
The family office also added a fresh stake in TD Power Systems, acquiring 22,79,908 shares worth around ₹257.4 crore, translating to a 1.5% holding. With a market cap of Rs.2,350 Crores, the shares of TD Power Systems closed at Rs.170.04 in Friday’s trading session.
TD Power Systems manufactures alternators and generators used in power generation applications, catering to industries such as steam turbines, gas turbines, hydro, and industrial drive segments, with a customer base spread across both domestic and export markets.
The company posted a sharp jump in its March quarter numbers, with consolidated total income rising 67% year-on-year to ₹589.19 crore. EBITDA grew 41% to ₹103.77 crore, though margins eased to 17.4% from 20.7% a year earlier on account of a higher cost base. Profit after tax for the quarter rose 36% to ₹72.19 crore. For the full year, total income grew 45% to ₹1,869.46 crore, EBITDA rose 41% to ₹342.94 crore, and profit after tax increased 37% to ₹238.78 crore.
Vardhman Special Steels
Catamaran Ventures picked up a new stake of 9,82,693 shares in Vardhman Special Steels, valued at approximately ₹29.1 crore, giving it a 1.0% holding. With a market cap of Rs.2,350 Crores, the shares of Vardhman Special Steels closed at Rs.170.04 in Friday’s trading session.
Vardhman Special Steels is engaged in the manufacturing of alloy and special steel products, primarily catering to the automotive, forging, and engineering industries, and counts Aichi Steel Corporation, a Toyota group company, among its stakeholders.
Financially, the company had a mixed year, with March quarter consolidated revenue from operations rising 6.98% year-on-year to ₹457.92 crore, while full-year revenue slipped marginally by 0.57% to ₹1,754.43 crore, a decline attributed to softer prices despite higher sales volumes. Despite the flat topline, annual EBITDA grew 17.87% to ₹208.82 crore, and profit after tax rose 31.08% to ₹122.02 crore, with basic earnings per share at ₹13.15.
What This Means
Fresh entries by a well-tracked investor like Catamaran Ventures often draw attention from retail and institutional market participants alike, as they can signal conviction in a company’s growth trajectory or valuation. In this case, all three additions come on the back of companies that posted double-digit profit growth for FY26, barring Vardhman Special Steels’ relatively flat revenue performance, which was still accompanied by improving margins and profitability.
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