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 49 stocks with a net worth of around Rs. 2,926.71 crores. He focuses on companies with strong fundamentals. A few of his holdings have given him over 500 percent returns from the investment value.
Listed below are such Ashish Kacholia stocks that trading at PE less than the Industry:
La Opala RG Ltd
With a market capitalization of Rs.3,307 crores, the shares of the tablewares manufacturing company started Thursday’s trading session on a flatter note at Rs. 309.50. During the trading session, the shares hit a low of Rs. 298.05, making a loss of around 3 percent and closed the day at Rs. 298 apiece.
Looking at the company’s financial statements, the revenue increased by 20 percent from Rs. 89 crores during the September quarter to Rs. 107 crores in the December quarter. In addition, the net profits zoomed by 42 percent from Rs. 31 crores to Rs. 44 crores during the same period.
According to the BSE data, Ace Investor Mr Ashish Kacholia, entering the stock in December 2018, currently holds approx 18.41 lakh equity shares equivalent to a 1.66 percent stake in this company. The current holding value of his investment amounts to Rs. 55.1 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 12.43 percent during FY 21-22 to 16.23 percent in FY 22-23, and, the return on capital employed (RoCE) zoomed from 16.89 percent to 22.25 percent during the same timeframe. Furthermore, the share is considered to be undervalued as the PE ratio stands at 24.8 times compared to the industry average of 35.3 times.
PCBL Ltd
With a market capitalization of Rs.10,052 crores, the shares of the carbon black manufacturing company started Thursday’s trading session on a higher note at Rs. 275.50 compared to its previous close of Rs. 264. During the trading session, the shares hit a high of Rs. 280, gaining around 2 percent and closed the day at Rs. 267 apiece.
Looking at the company’s financial statements, the revenue increased by 12 percent from Rs. 1.487 crores during the September quarter to Rs. 1,657 crores in the December quarter. In addition, the net profits zoomed by 20 percent from Rs. 123 crores to Rs. 148 crores during the same period.
According to the BSE data, Ace Investor Mr Ashish Kacholia, entering the stock in March 2021, currently holds approx 70.84 lakh equity shares equivalent to a 1.88 percent stake in this company. The current holding value of his investment amounts to Rs. 191.6 crores.
Due to increasing expenditure, the profitability metrics of the company declined with the return on equity (RoE) decreasing from 18.74 percent during FY 21-22 to 16.24 percent in FY 22-23, and, the return on capital employed (RoCE) showed a downward movement from 18.45 percent to 17.45 percent during the same timeframe. Furthermore, the share is considered to be undervalued as the PE ratio stands at 20.8 times compared to the industry average of 30.2 times.
Ador Welding Ltd
With a market capitalization of Rs. 1,904 crores, the shares of the welding products manufacturing company started Thursday’s trading session on a higher note at Rs. 1,389.65 compared to its previous close of Rs. 1,374.55. During the trading session, the shares hit a high of Rs. 1,410, gaining around 2 percent and closed the day at Rs. 1,371 apiece.
Looking at the company’s financial statements, the revenue decreased by 1.7 percent from Rs. 226 crores during the September quarter to Rs. 222 crores in the December quarter. On the other hand, the net profits declined by 30 percent from Rs. 20 crores to Rs.14 crores during the same period.
According to the BSE data, Ace Investor Mr Ashish Kacholia, entering the stock in June 2021, currently holds 5,95,400 lakh equity shares equivalent to a 4.38 percent stake in this company. The current holding value of his investment amounts to Rs. 82.5 crores.
Due to increasing 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 19.70 percent to 26.06 percent during the same timeframe. Furthermore, the share is considered to be undervalued as the PE ratio stands at 28.6 times compared to the industry average of 31.7 times.
Written By Vaibhav Patil
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