Ashish Kacholia, better known for his investing strategies and absence in the media, is one of the renowned Indian stock market investors.
He started his career with Prime Securities and later joined Edelweiss where he used to handle the equity research desk. Finally, he incorporated his broking firm, Lucky Securities, where he’s building his portfolio.
As per the latest corporate shareholdings filed, Ashish Kacholia publicly holds over 48 stocks with a net worth of around Rs. 3,536 Crores. He focuses on companies with strong fundamentals. A few of his holdings have given him over 500 percent returns from the investment value.
Piotroski score, named after Stanford accounting professor Joseph Piotroski, is a number between ‘0’ and ‘9’ used to assess the strength of a company’s financial position. Financial investors use the score to find the best-value stocks.
Listed below are the stocks in Ashish Kacholia’s portfolio that have a high Piotrowski score:
Brand Concepts Ltd
With a market capitalisation of Rs. 983 crores, the shares of the backpack manufacturing company started Tuesday’s trading session on a flatter note at Rs. 929.60 compared to its previous close of Rs. 929.40. The shares hit a low of Rs. 905, making a loss of around 2 percent, and currently trading at Rs. 922 apiece. The company has a Piotroski score of ‘9’.
During the recent financial years, the company’s basic business parameters such as operating revenues and net profits showed positive movements with the former increasing from Rs. 58.06 crores during the June quarter to Rs. 68.93 crores during the September quarter, and the latter, during the same period, the net profits rose from Rs 3.12 crores to Rs 3.71 crores.
According to the BSE data, Ace Investor Mr Ashish Kacholia, entered the stock in December 2023, by acquiring 1.60 lakh equity shares equivalent to a 1.44 percent stake in this company. The current holding value of his investment amounts to Rs. 14.9 crores.
Due to consistent operating revenue and profits on a YoY basis, the profitability metrics of the company improved with the return on equity (RoE) increasing from 4.13 percent during FY 21-22 to 35.82 percent in FY 22-23, and, the return on capital employed (RoCE) zoomed from 19.49 percent to 44.22 percent during the same timeframe. Furthermore, the net profit margin increased from 0.88 percent during FY21-22 to 6.15 percent during FY22-23.
Ador Welding Ltd
With a market capitalisation of Rs. 2,137 crores, the shares of the Welding Products manufacturing company started Tuesday’s trading session on a higher note at Rs. 1,579.95 compared to its previous close of Rs. 1,577.05. The shares hit a high of Rs. 1,591, gaining around 2 percent, and currently trading at Rs. 1,576 apiece. The company has a Piotroski score of ‘8’.
During the recent financial years, the company’s basic business parameters such as operating revenues and net profits showed positive movements with the former increasing from Rs. 190 crores during the June quarter to Rs. 226 crores during the September quarter, and the latter, during the same period, the net profits rose from Rs 11 crores to Rs 20 crores. Furthermore, the company is set to announce its October- December results on February 1.
According to the BSE data, Ace Investor Mr Ashish Kacholia, entering the stock in June 2021, currently holds 5.95 lakh equity shares equivalent to a 4.38 percent stake in this company. The current holding value of his investment amounts to Rs. 93.5 crores.
Due to consistent operating revenue and profits on a YoY basis, the profitability metrics of the company improved with the return on equity (RoE) increasing from 14.78 percent during FY 21-22 to 19.59 percent in FY 22-23, and, the return on capital employed (RoCE) zoomed from 19.7 percent to 26.06 percent during the same timeframe. Furthermore, the net profit margin increased from 5.80 percent during FY21-22 to 7.63 percent during FY22-23.
Fineotex Chemical Ltd
With a market capitalisation of Rs. 3,703 crores, the shares of the speciality chemical manufacturing company started Tuesday’s trading session on a higher note at Rs. 329 compared to its previous close of Rs. 326. The shares hit a high of Rs. 338, gaining around 3 percent, and currently trading at Rs. 334 apiece. The company has a Piotroski score of ‘9’.
During the recent financial years, the company’s basic business parameters such as operating revenues and net profits showed positive movements with the former increasing from Rs. 132 crores during the June quarter to Rs. 145 crores during the September quarter, and the latter, during the same period, the net profits rose from Rs 26 crores to Rs 31 crores.
According to the BSE data, Ace Investor Mr Ashish Kacholia, entering the stock in March 2022, currently holds 31.35 lakh equity shares equivalent to a 2.83 percent stake in this company. The current holding value of his investment amounts to Rs. 102.3 crores.
Due to consistent operating revenue and profits on a YoY basis, the profitability metrics of the company improved with the return on equity (RoE) increasing from 24.13 percent during FY 21-22 to 29.32 percent in FY 22-23, and, the return on capital employed (RoCE) zoomed from 31.03 percent to 37.18 percent during the same timeframe. Furthermore, the net profit margin increased from 15.45 percent during FY21-22 to 17.32 percent during FY22-23.
Written By Vaibhav Patil
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