Ashish Kacholia, an ace investor, has made smart investments in a diverse portfolio of businesses that includes hospitality, education, infrastructure, chemicals, and manufacturing. He openly holds 49 stocks and has a net worth of more than Rs. 3,141.1 crores. Here are some of Ashish Kacholia’s stocks as of the third quarter of FY24.
Net profit, a key financial metric, signifies the remaining earnings after deducting all expenses from total revenue. A net profit margin of 40 percent reflects a robust financial performance, indicating efficient cost management and profitability. This percentage highlights the company’s ability to retain a significant portion of its revenue as profit, fostering financial strength and potential for further growth.
Here are the Ashish Kacholia stocks in which net profit increased by 340 percent from the previous year Q3:
SG Finserve Ltd
Sg Finserve Limited is an India-based non-banking finance company (NBFC) that offers supply chain financing solutions to Indian conglomerates. It offers financing alternatives for dealers, retailers, vendors, and logistics/transportation companies.
With a market capitalization of Rs 2,610.08 crore, the shares were trading at Rs 474.00 per share, decreased around 0.57 percent as compared to the previous closing price.
Ace investor Ashish Kacholia holds 6,28,366 shares, i.e. equivalent to 1.14 percent of the company as of December 2024.
The company’s net profit increased by 340 percent to Rs 22 crore in Q3FY24 from Rs 5 crore in Q3FY23. In the same time frame, revenue rose by 333 percent from Rs 12 crore to Rs 12 crore.
Updater Services Ltd
Updater Services Limited is an India-based integrated business services platform that provides integrated facilities management (IFM) and business support services (BSS). Its segments include IFM & Other Services and BSS Segment.
With a market capitalization of Rs 2,248.62 crore, the shares were trading at Rs 336.20 per share, decreased around 0.64 percent as compared to the previous closing price.
Ace investor Ashish Kacholia holds 13,05,000 shares, i.e. equivalent to 1.96 percent of the company as of December 2024.
The company’s net profit increased by 320 percent to Rs 21 crore in Q3FY24 from Rs 5 crore in Q3FY23. In the same time frame, revenue rose by 17 percent from Rs 542 crore to Rs 636 crore.
Genesys International Corporation Ltd
Genesys International Corporation Ltd provides Geographical Information Services such as photogrammetry, remote sensing, cartography, data conversion, terrestrial and 3D geo-content, position navigation mapping, and other computer-related services.
With a market capitalization of Rs 1,896.49 crore, the shares closed at Rs 501.25 per share, increased around 2.45 percent as compared to the previous closing price.
Ace investor Ashish Kacholia holds 6,18,734 shares, i.e. equivalent to 1.57 percent of the company as of January 2024.
The company’s net profit increased by 100 percent to Rs 16 crore in Q3FY24 from Rs 8 crore in Q3FY23. In the same time frame, revenue rose by 9 percent from Rs 54 crore to Rs 59 crore.
Ugro Capital Ltd
Ugro Capital Limited is a technology-driven small business loan platform. The organization specializes in delivering bespoke financing solutions to small businesses working in eight specific industries.
With a market capitalization of Rs 2,452.31 crore, the shares closed at Rs 264.40 per share, decreased around 0.19 percent as compared to the previous closing price.
Ace investor Ashish Kacholia holds 14,45,936 shares in the name of Suryavanshi Commotrade Private Limited, a commodity broking company i.e. equivalent to 1.56 percent of the company as of December 2024.
The company’s net profit increased by 154 percent to Rs 33 crore in Q3FY24 from Rs 13 crore in Q3FY23. In the same time frame, revenue rose by 47 percent from Rs 182 crore to Rs 268 crore.
Written by:- Abhishek Singh
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