Mr. Ashish Kacholia is one of the renowned investors based in India publicly holding a sum of 45 stocks with a net worth of over Rs 2,800 crores.
Listed below are three fundamentally strong stocks, viz, stocks with strong financials, lower leverage ratios, etc, under the ‘micro-cap’ category that is included in Mr. Ashish Kacholia’s portfolio:
Dhabriya Polywood Limited
With a market capitalization of Rs 449.15 crores, the stocks of Dhabriya Polywood Limited, manufacturing of PVC and UPVC-based products, closed at Rs 414.95 on Friday, gaining around 0.40 percent as compared to the previous closing levels of Rs 413.15 apiece.
Mr Ashish Kacholia, one of the well-known ace investors based in India, has invested in the company’s stock. He took an entry into the stock recently in the September 2023 quarter, and, currently holds 6.96 lakh equity shares of the company that represent a 6.43 percent stake.
During the recent financial years, the company has increased its operating revenues as well as after-tax profits with the former jumping from Rs 133.64 crores during FY21-22 to Rs 171.17 crores during FY22-23, and, the latter, during the same time horizon, shifting up from Rs 5.09 crores to Rs 8.49 crores.
As a result of the same, the profitability ratios of the company showed positive movements with the return on equity (RoE) increasing from 8.83 percent during FY21-22 to 13.16 percent during FY22-23, and, the return on capital employed (RoCE), keeping the timeframe the same, rose from 9.78 percent to 12.47 percent.
Vasa Denticity Limited
With a market capitalization of Rs 952.96 crores, the stocks of Vasa Denticity Limited, engaged in the business of marketing and distribution of dental products, closed at Rs 595 on Friday, slipping around 0.70 percent as compared to the previous closing levels of Rs 598.95 apiece.
Mr Ashish Kacholia, one of the well-known ace investors based in India, has invested in the company’s stock. He took an entry into the stock recently in the September 2023 quarter, and, currently holds 6.09 lakh equity shares of the company that represent a 3.80 percent stake.
During the recent financial years, the company has increased its operating revenues as well as after-tax profits with the former jumping from Rs 76.92 crores during FY21-22 to Rs 123.27 crores during FY22-23, and, the latter, during the same time horizon, shifting up from Rs 5 crores to Rs 7.60 crores.
On a contrasting note, the profitability ratios of the company, due to increased cost pressure, showed a dip but are reported at healthy numbers. The return on equity (RoE) was reported at 70.53 percent, and, the return on capital employed (RoCE), keeping the timeframe the same, was reported at 80.11 percent.
Virtuoso Optoelectronics Limited
With a market capitalization of Rs 598.49 crores, the stocks of Virtuoso Optoelectronics Limited, manufacturing consumer durable goods, closed at Rs 262.05 on Friday, slipping around 3 percent as compared to the previous closing levels of Rs 270.40 apiece.
Mr Ashish Kacholia, one of the well-known ace investors based in India, has invested in the company’s stock. He had taken an entry into the stock in the March 2023 quarter, and, currently holds 12.28 lakh equity shares of the company that represent a 5.38 percent stake.
During the recent financial years, the company has increased its operating revenues as well as after-tax profits with the former jumping from Rs 200.17 crores during FY21-22 to Rs 337.27 crores during FY22-23, and, the latter, during the same time horizon, shifting up from Rs 3.94 crores to Rs 7.77 crores.
On a contrasting note, the profitability ratios of the company, due to increased cost pressure, showed a dip but are reported at healthy numbers. The return on equity (RoE) was reported at 13.52 percent, and, the return on capital employed (RoCE), keeping the timeframe the same, was reported at 18.32 percent.
Written by Amit Madnani
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