Vijay Kedia is an Investor trader also known by the alias of the ‘Master market’. Although Vijay was born into a family of stockbrokers his journey has been rather interesting and inspiring.
Kedia has a very interesting investing strategy he calls ‘SMILE’, which is an abbreviation for Small in size, Medium in experience, Large in aspiration, and Extra-large in market potential. As per the latest shareholdings pattern, Vijay Kedia publicly holds over 17 stocks with a net worth of over Rs. 1,508.0 crores.
Listed below are stocks held by Vijay Kedia that have posted robust results during Q4FY24:
Patel Engineering Ltd
With a market capitalization of Rs. 5,238 crores, the shares of the infrastructure company started Friday’s trading session on a higher note at Rs. 60.60 compared to its previous close of Rs. 59.80. During the trading session, the shares hit a high of Rs. 62.15, gaining around 4 percent and closed the day at Rs. 61.80 apiece.
Looking at the company’s financial statements, the revenue increased by 27 percent from Rs. 1,061.01 crores during the December quarter to Rs. 1,343.18 crores in the March quarter. In addition, the net profit zoomed by 105 percent from Rs. 68.59 crores to Rs. 140.94 crores during the same period.
Comparing the same metrics on a YoY basis, the revenue jumped by 11 percent from Rs. 1,205.06 crores during Q4FY23 to Rs. 1,343.18 crores in Q4FY24. On the other hand, the net profits surged by 76 percent from Rs. 80.03 crores to Rs. 140.94 crores during the same period.
According to the BSE data, Ace Investor Mr Vijay Kedia entered the stock in December 2022 via Kedia Securities Private Limited and currently holds 1.2 crore equity shares equivalent to a 1.42 percent stake in this company. The current holding value of his investment amounts to Rs. 68.40 crores.
As of March 2024, Patel Engineering had an order book of Rs. 18,663 crores. Approximately 62 percent of these orders originated from Central Government or PSU entities, while 35 percent were sourced from State Government Departments. The remaining 3 percent of orders were secured from international markets.
Atul Auto Ltd
With a market capitalization of Rs. 1,426 crores, the shares of the automobile company started Friday’s trading session on a higher note at Rs. 512 compared to its previous close of Rs. 508.70. During the trading session, the shares hit a high of Rs. 520, gaining around 1 percent and closed the day at Rs. 510.70 apiece.
Coming onto the company’s financial statements, the revenue increased by 4.4 percent from Rs. 151.37 crores during the December quarter to Rs. 158.17 crores in the March quarter. In addition, the net profits jumped by 9 percent from Rs. 4.47 crores to Rs. 4.88 crores during the same timeframe.
Comparing the same metrics on a YoY basis, the revenue increased by 6 percent from Rs. 148.7 crores during Q4FY23 to Rs. 158.17 crores in Q4FY24. On the other hand, the net profits surged 46 percent from Rs. 3.34 crores to Rs. 4.88 crores during the same period.
According to the BSE data, Ace Investor Mr Vijay Kedia entered the stock in December 2015 and currently holds over 58 lakhs equity shares (combined of Kedia securities) equivalent to a 20.91 percent stake in this company. The current holding value of his investment amounts to Rs. 296 crores.
Innovators Facade Systems Ltd
With a market capitalization of Rs. 345 crores, the shares of the aluminium facade contractor company started Friday’s trading session on a flatter note at Rs. 182. During the trading session, the shares hit a high of Rs. 183.85, gaining around 1 percent and closed at Rs. 183 apiece.
Looking at the company’s financial statements, the revenue jumped by 14 percent from Rs. 100.34 crores during H1FY24 to Rs. 114.76 crores in H2FY24. In addition, the net profits magnified by 103 percent from Rs. 5.04 crores to Rs. 10.21 crores during the same period.
Comparing the same metrics on a YoY basis, the revenue increased by 5 percent from Rs. 109.1 crores during H2FY23 to Rs. 114.76 crores in H2FY24. On the other hand, the net profits zoomed by 41 percent from Rs. 7.26 crores to Rs. 10.21 crores during the same timeframe.
According to the BSE data, Ace Investor Mr Vijay Kedia entered the stock in June 2018 and currently holds over 20 lakh equity shares equivalent to a 10.66 percent stake in this company. The current holding value of his investment amounts to Rs. 36.9 crores.
Written By Vaibhav Patil
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