Top Indian Stocks Held By Vanguard Group: Vanguard Group, Inc. is an investment management and advising firm. The firm provides its services to equity and fixed-income investment groups, investment pooling vehicles, mutual funds, and separate account institutional clients. The Vanguard Group has customers all throughout the world.
As of April 2023, the company held around $7.7 trillion in global assets under management. It is the world’s largest provider of mutual funds and the second-largest provider of exchange-traded funds (ETFs).
In this article about Top Indian Stocks Held By Vanguard Group, we shall see the stock overview, vanguard holdings, and fundamentals
Top Indian Stocks Held by Vanguard Group
Phoenix International Ltd
|CMP (Rs)||27.35||Market Cap (Cr)||45|
|EPS (TTM)||1.32||Stock P/E (TTM)||20.74|
|ROE (%)||2.66||ROCE (%)||5.68|
|Promoter Holding (%)||70.22||Vanguard (%)||18.6|
|Debt to Equity (%)||1.03||Price to Book Value (Rs)||0.55|
|Net Profit Margin (%)||6.66||Operating Profit Margin (%)||39.04|
Phoenix International Limited was founded in December 1987 as a private limited company, and it was changed to a public limited company in June 1988. Mr. D N Kalsi and Mr. Ajay Kasi jointly promoted the company. Phoenix International Ltd is a footwear and footwear component manufacturer and seller.
The company’s business segment includes oil and gas, footwear, commodity trading and real estate. Its categories are Shoe Manufacturing and Immovable Property Rental Services.
The company leases out buildings and is a manufacturer and supplier of Shoe Uppers. The rental division generates the majority of the company’s revenue. At present the company has two subsidiaries i.e., Phoenix Industries Ltd and Phoenix Cement Ltd.
In this company, Vanguard Fund holds an 18.6% stake which is worth Rs. 8.3 Cr. The company’s total revenues grew by 20.02% YoY from Rs. 26.97 Cr in FY22 to Rs. 33.37 Cr in FY23 and the net profits increased by 12.5% YoY from Rs. 1.92 Cr in FY22 to Rs. 2.16 Cr in FY23.
Zee Entertainment Enterprises
|CMP (Rs)||262||Market Cap (Cr)||24,954|
|EPS (TTM)||1.17||Stock P/E (TTM)||0|
|ROE (%)||9.12||ROCE (%)||13.68|
|Promoter Holding (%)||3.99||Vanguard (%)||4.99|
|Debt to Equity (%)||0||Price to Book Value (Rs)||2.33|
|Net Profit Margin (%)||11.67||Operating Profit Margin (%)||19.52|
Zee Entertainment Enterprises Ltd is a television broadcasting business that offers media and entertainment services. Zee earns money through advertising, subscription services, content licensing, theatre productions, music licensing, and movie distribution.
Its domestic broadcast portfolio includes over 48 channels. The Company’s 41-channel international broadcast portfolio is available in over 170 countries. ZEE5 is its over-the-top (OTT) platform. Zee also owns and operates the digital cable television network Siti Cable.
In this company, Vanguard funds combined hold a 4.99% stake which is worth Rs. 1,225 Cr. The company’s total revenues grew by 5.94% YoY from Rs. 7,729.9 Cr in FY22 to Rs. 8,189.3 Cr in FY23 and the net profits increased by 20.56% YoY from Rs. 800.1 Cr in FY22 to Rs. 964.6 Cr in FY23.
|CMP (Rs)||1,377||Market Cap (Cr)||5,77,776|
|EPS (TTM)||59.92||Stock P/E (TTM)||23.23|
|ROE (%)||32.3||ROCE (%)||44.58|
|Promoter Holding (%)||14.89||Vanguard (%)||2.6|
|Debt to Equity (%)||0||Price to Book Value (Rs)||7.15|
|Net Profit Margin (%)||16.43||Operating Profit Margin (%)||23.49|
Infosys Ltd (Infosys) is a company that provides technology-enabled business solutions. The company provides a wide range of services such as business consulting, outsourcing, and technology-related services such as cloud application solutions, business application services, product engineering, systems integration, software development, maintenance, re-engineering, independent testing, and validation services.
The company is operating in the Americas, Europe, the Middle East, Africa, and Asia-Pacific markets. It has 1,872 active clients. 62% of its revenue comes from digital technology services and the company owns 735 patents. The company has over 300,000 employees.
In this company, Vanguard Fund holds a 2.6% stake which is worth Rs. 13157.8 Cr. The company’s total revenues grew by 20.66% YoY from Rs. 1,21,641 Cr in FY22 to Rs. 1,46,767 Cr in FY23 and the net profits increased by 8.98% YoY from Rs. 22,110 Cr in FY22 to Rs. 24,095 Cr in FY23.
|CMP (Rs)||5,128||Market Cap (Cr)||31,474|
|EPS (TTM)||111.91||Stock P/E (TTM)||45.6|
|ROE (%)||26.28 %||ROCE (%)||31.71 %|
|Promoter Holding (%)||0||Vanguard (%)||2.60%|
|Debt to Equity (%)||0.11||Price to Book Value (Rs)||9.45|
|Net Profit Margin (%)||9.30%||Operating Profit Margin (%)||15.98%|
Coforge Ltd is a global IT firm that leverages emerging technologies and its deep expertise to serve its clients. The company services include digital services, artificial intelligence, data and insights, digital process automation, cybersecurity, cloud and infrastructure management services, advanced application engineering services, business process services (BPS) and SAP services
It caters to various sectors including banking and finance, travel and transportation, healthcare, insurance, manufacturing and distribution and media sectors. The company has established its presence in 21 countries with 26 delivery centres across nine countries.
In this company, Vanguard Fund holds a 2.6% stake which is worth Rs. 14,216 Cr. The company’s total revenues grew by 24.61% YoY from Rs. 6,432 Cr in FY22 to Rs. 8,014.6 Cr in FY23 and the net profits increased by 9.3% YoY from Rs. 661.7 Cr in FY22 to Rs. 693.8 Cr in FY23.
Crompton Greaves Consumer Electricals
|CMP (Rs)||281||Market Cap (Cr)||18,088|
|EPS (TTM)||6.75||Stock P/E (TTM)||41.87|
|ROE (%)||19.71||ROCE (%)||18.88|
|Promoter Holding (%)||0||Vanguard (%)||2.6|
|Debt to Equity (%)||0.37||Price to Book Value (Rs)||6.62|
|Net Profit Margin (%)||6.93||Operating Profit Margin (%)||11.21|
Crompton Greaves Consumer Electricals Ltd manufactures and distributes consumer-related products. Electric Consumer Durables (ECD) and Lighting are the two business segments of the company. It manufactures and distributes a wide range of consumer items, including fans, pumps, and appliances in the ECD category, and it also offers a complete line of lighting products.
The company has a market share of 26% in the fans segment, 8% in the LED Lighting segment, 17% in the residential segment and 11% and 8% in the water heater and air cooler segment respectively. It has 4000+ channel partners and 1,50,000+ Retailers.
In this company, Vanguard fund holds a 2.6% stake which is worth Rs. 478 Cr. The company’s total revenues grew by 27.35% YoY from Rs. 5,394.11 Cr in FY22 to Rs. 6,869.61 Cr in FY23 and the net profit declined by 17.63% YoY from Rs. 578.38 Cr in FY22 to Rs. 476.4 Cr in FY23.
List Of Top Indian Stocks Held By Vanguard Group
|Company||Holding Value||Quantity Held||Holding %|
|Phoenix International Ltd.||8.6 Cr||3,120,000||18.60%|
|Zee Entertainment Enterprises Ltd.||1,224.1 Cr||46,571,908||4.90%|
|Infosys Ltd.||13,078.8 Cr||95,132,558||2.60%|
|Coforge Ltd.||816.0 Cr||1,591,271||2.60%|
|Crompton Greaves Consumer Electricals Ltd.||477.0 Cr||16,946,981||2.60%|
|Indiabulls Real Estate Ltd.||105.0 Cr||12,997,864||2.40%|
|CARE Ratings Ltd.||60.4 Cr||708,656||2.40%|
|IDFC Ltd.||423.3 Cr||36,440,336||2.30%|
|Indiabulls Housing Finance Ltd.||182.9 Cr||10,830,427||2.30%|
|PTC India Ltd.||91.5 Cr||6,358,621||2.20%|
|Mahindra & Mahindra Ltd.||3,955.1 Cr||25,483,092||2.10%|
|Delhivery Ltd.||631.7 Cr||15,520,189||2.10%|
|Cyient Ltd.||388.0 Cr||2,328,582||2.10%|
|GHCL Ltd.||107.8 Cr||2,048,182||2.10%|
|Hindustan Construction Company Ltd.||91.2 Cr||31,464,317||2.10%|
As we conclude our article on Top Indian Stocks Held By Vanguard Group, Vanguard Group’s strategic investment in India showcases a diversified portfolio, with prominent holdings in leading companies such as Infosys, Phoenix International, IDFC and much more. Do let us know your thoughts on the comments section below.
Written By Sheshadri N
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