Fondy known as the ‘Big Whale’ ace investor Ashish Kacholia likes his portfolio to speak for itself. He is known for his absence from media cycles and for avoiding interviews and journalists. He has investments in over 20 stocks and has a varied portfolio that includes hospitality, education, infra and manufacturing stocks.
Here are three stocks from his portfolio that delivered multibagger returns:
Knowledge Marine & Engineering Works Ltd.
Knowledge Marine & Engineering Works is engaged in the business of owning, chartering/ hiring along with manning, operation and maintenance of marine crafts, dredging and repair and maintenance of marine infrastructure and allied works in India.
In the past year, the company’s share price increased from ₹ 249.95 to the current level of ₹ 1011.55, giving multibagger returns of 304.70%. If an investor had invested ₹ 1 lakh in the company’s shares a year ago, the value of their holdings would have been ₹ 4.04 lakhs today!
Knowledge Marine & Engineering Works is a small-cap company with a market capitalization of ₹ 1,129 crores. It has a high return on equity of 52.39% and an ideal debt-to-equity ratio of 0.26. Its shares were trading at a price-to-earnings ratio of 28.16 which is substantially higher than the industry P/E of 1.18, indicating that the stock might be overvalued as compared to its peers.
Safari Industries (India) Ltd.
Safari Industries is engaged in the manufacturing and marketing of luggage and luggage accessories for various occasions like adventure, work, school, weekend getaways and travel.
In the past year, the company’s share price increased from ₹ 949.95 to the current level of ₹ 2456.60, giving multibagger returns of 158.60%. If an investor had invested ₹ 1 lakh in the company’s shares a year ago, the value of their holdings would have been ₹ 2.58 lakhs today!
Safari Industries is a small-cap company with a market capitalization of ₹ 5,744 crores. It has a low return on equity of 7.71% and an ideal debt-to-equity ratio of 0.45. Its shares were trading at a price-to-earnings ratio of 63.55 which is substantially higher than the industry P/E of 21.01, indicating that the stock might be overvalued as compared to its peers.
Likhitha Infrastructure Ltd.
Likhitha Infrastructure is an oil and gas pipeline infrastructure service provider. It is focused on laying pipeline networks along with the construction of associated facilities and providing operations and maintenance services to oil and gas companies in India.
In the past year, the company’s share price increased from ₹ 139.73 to the current level of ₹ 297.20, giving multibagger returns of 112.70%. If an investor had invested ₹ 1 lakh in the company’s shares a year ago, the value of their holdings would have been ₹ 2.12 lakhs today!
Likhitha Infrastructure is a small-cap company with a market capitalization of ₹ 1,160 crores. It has a high return on equity of 26.65% and an ideal debt-to-equity ratio of 0.00.
Written by Simran Bafna
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