Categories
CoatTailing

Top 5 Holdings of Rakesh Jhunjhunwala

This post is in continuation of my coat tailing series (see here)

To know what other top investors are  buying/holding/selling in India, subscribe to our Investor Wisdom Newsletter

Rakesh Jhunjhunwala is one of the biggest individual investors in the Indian Equity markets.

His (along with his better half Rekha’s) top 5 significant holdings  as on 30 September,2017 as per stock exchanges is as given below:

Company Name Symbol Entity Name Value (In Crores)
Titan Company Limited TITAN Jhunjhunwala Rakesh Radheshyam 4861.29
Titan Company Limited TITAN Jhunjhunwala Rekha Rakesh 1137.63
Escorts Limited ESCORTS JHUNJHUNWALA RAKESH RADHESHYAM 757.69
Lupin Limited LUPIN Rakesh Jhunjhunwala 720.61
Dewan Housing Finance Corporation Limited DHFL Jhunjhunwala Rakesh Radheshyam 582.00
NCC Limited NCC JHUNJHUNWALA REKHA RAKESH 541.29

 

 

Categories
CoatTailing

Portfolio of Rakesh Jhunjhunwala

This post is in continuation of my coat tailing series (see here)

To know what other top investors are  buying/holding/selling in India, subscribe to our Investor Wisdom Newsletter

Rakesh Jhunjhunwala is probably the biggest Indian individual investor in the Indian Equity Markets.

His and his wife’s significant holdings in India aggregating around Rupees 7770 Crores (~1.2 Billion $) as on 30 June,2015 as per Stock Exchanges is given below:

Company Symbol/BSE Code Entity Date End # of Shares % Value (In Crores)
Adinath Exim Resources Limited 532056 JHUNJHUNWALA RAKESH 201506 98554 2.4 0.15
Agro Tech Foods Limited ATFL JHUNJHUNWALA RAKESH RADHESYAM 201506 1153700 4.73 68.04
Agro Tech Foods Limited ATFL JHUNJHUNWALA REKHA RAKESH 201506 524559 2.15 30.94
Anant Raj Limited ANANTRAJ SHRI JHUNJHUNWALA RAKESH RADHESHYAM 201506 9500000 3.22 38.57
APTECH LIMITED APTECHT Rare Equity Pvt Ltd 201506 9933496 24.9 53.64
APTECH LIMITED APTECHT Rakesh Jhunjhunwala 201506 4319100 10.83 23.32
APTECH LIMITED APTECHT Rekha Jhunjhunwala 201506 2555977 6.41 13.8
Aurobindo Pharma Limited AUROPHARMA JHUNJHUNWALA RAKESH RADHESHYAM 201506 4000000 1.37 293.9
Autoline Industries Limited AUTOIND JHUNJHUNWALA RAKESH RADHESHYAM 201506 520000 4.21 3.13
Autoline Industries Limited AUTOIND JHUNJHUNWALA REKHA RAKESH 201506 731233 5.93 4.41
Bilcare Limited 526853 JHUNJHUNWALA RAKESH 201506 1735425 7.37 13.7
Bilcare Limited 526853 JHUNJHUNWALA REKHA RAKESH 201506 267500 1.14 2.08
CRISIL Limited CRISIL Jhunjhunwala Rakesh and Rekha 201506 4000000 5.6 781.5
D B Realty Limited DBREALTY Jhunjhunwala Rekha Rakesh 201506 5000000 2.06 30.25
Delta Corp Limited DELTACORP Jhunjhunwala Rakesh Radheshyam 201506 10500000 4.55 83.32
Delta Corp Limited DELTACORP Jhunjhunwala Rekha Rakesh 201506 7500000 3.25 59.51
Dewan Housing Finance Corporation Limited DHFL JHUNJHUNWALA RAKESH RADHESHYAM 201506 5000000 3.43 249.15
Edelweiss Financial Services Limited EDELWEISS JHUNJHUNWALA RAKESH RADHESHYAM 201506 10000000 1.26 64.35
Escorts Limited ESCORTS JHUNJHUNWALA RAKESH RADHESHYAM 201506 9975000 8.14 144.14
Firstsource Solutions Limited FSL Jhunjhunwala Rakesh Radheshyam 201506 25000000 3.75 80
Fortis Healthcare Limited FORTIS Jhunjhunwala Rakesh Radheshyam 201506 5000000 1.08 92.9
Geojit BNP Paribas Financial Services Limited GEOJITBNPP Jhunjhunwala Rakesh Radheshyam 201506 18037500 7.76 94.52
Geojit BNP Paribas Financial Services Limited GEOJITBNPP Jhunjhunwala Rekha Rakesh 201506 4500000 1.94 23.58
Geometric Limited GEOMETRIC JHUNJHUNWALA RAKESH RADHESHYAM 201506 8211250 12.72 94.59
Geometric Limited GEOMETRIC RAKESH RADHESHYAM JHUNJHUNWALA 201506 3000000 4.65 34.56
Geometric Limited GEOMETRIC REKHA JHUNJHUNWALA 201506 990000 1.53 11.4
Intellect Design Arena Limited INTELLECT Jhunjhunwala Rekha Rakesh 201506 3750000 3.75 43.37
ION EXCHANGE INDIA LTD 500214 Jhunjhunwala Rakesh 201506 800000 5.51 18.96
Karur Vysya Bank Limited KARURVYSYA JHUNJHUNWALA RAKESH RADHESHYAM 201503 3636897 2.99 171.84
Kesoram Industries Limited KESORAMIND Jhunjhunwala Rekha Rakesh 201503 5000000 4.56 43.08
Lupin Limited LUPIN JHUNJHUNWALA RAKESH RADHESHYAM 201506 6527605 1.45 1091.48
Man Infraconstruction Limited MANINFRA Jhunjhunwala Rakesh Radheshyam 201506 3000000 1.21 12.75
Mcnally Bharat Engineering Company Limited MBECL Rakesh Radheshyam Jhunjhunwala 201506 500000 1.23 4.88
Mcnally Bharat Engineering Company Limited MBECL Rekha Rakesh Jhunjhunwala 201506 3498349 8.62 34.11
Multi Commodity Exchange of India Limited MCX Jhunjhunwala Rakesh Radheshyam 201506 2010000 3.94 226.12
NCC Limited NCC JHUNJHUNWALA REKHA RAKESH 201506 45233266 8.24 394.89
NCC Limited NCC RAKESH JHUNJHUNWALA 201506 11600000 2.09 101.27
Orient Cement Limited ORIENTCEM Jhunjhunwala Rakesh Radheshyam 201506 2500000 1.22 46.52
POLARIS CONSULTING & SERVICES LIMITED POLARIS JHUNJHUNWALA RAKESH RADHESHYAM 201506 4750000 4.75 95.64
Prakash Industries Limited PRAKASH JHUNJHUNWALA RAKESH RADHESHYAM 201506 4000000 2.97 12.14
Prozone Intu Properties Limited PROZONINTU RAKESH JHUNJHUNWALA 201506 3150000 2.06 10.63
Rallis India Limited RALLIS Mr. Rakesh Jhunjhunwala 201506 20105820 10.34 472.19
Rallis India Limited RALLIS Mr. Rakesh Jhunjhunwala 201506 20105820 10.34 472.19
Titan Company Limited TITAN JHUNJHUNWALA RAKESH RADHESHYAM 201506 59650645 6.72 2028.72
Titan Company Limited TITAN JHUNJHUNWALA REKHA RAKESH 201506 16966075 1.91 577.02
TV18 Broadcast Limited TV18BRDCST Jhunjhunwala Rekha Rakesh 201506 44560000 2.6 150.61
Viceroy Hotels Limited VICEROY JHUNJHUNWALA RAKESH RADHESHYAM 201506 5707566 13.46 9.13
Viceroy Hotels Limited VICEROY JHUNJHUNWALA REKHA RAKESH 201506 500000 1.18 0.8
VIP Industries Limited VIPIND JHUNJHUNWALA RAKESH RADHESHYAM 201503 3655500 2.59 35.66
VIP Industries Limited VIPIND RAKESH JHUNJHUNWALA 201503 6315000 4.47 61.6
Categories
GuestPost

Enduring Business Moats in India

Today we have a special treat.Vijay Gawde is a seasoned investor in the Indian Equity Markets and he runs Equity Growth Partners.

 

I had asked Vijay to write a guest post and he graciously obliged with the write up below which talks about enduring business moats in India.-Raoji

 

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castle_and_moat

“Moat” – a medieval term, coined and popularised in business by Warren Buffett who refers it to as a durable competitive advantage. Warren Buffett always looks for companies with durable competitive advantage; businesses with deep and wide economic moat.
In capitalism, if you own a wonderful business it is like owning an economic castle. And the nature of capitalism is that people are eager to come and take your castle. It is perfectly understandable. If you are selling mobile phone handsets, there are going to be five others who are going to try and sell similar or better handsets. If you own a restaurant, competitors will come and copy your recipes and will hire your chef and so on. Capitalism is all about somebody coming and trying to take the castle.

So to protect your valuable castle (wonderful business), you need a castle that has moat (durable competitive advantage) around it. Moat can be in the form of strong popular brand, superior product, quality of service, infrastructure, size and scale of operation, distribution network, management reputation etc. All these factors individually make moat deeper and combination of factors together makes moat wider. Deeper moats are source of high profitability and wider moats protects the consistency of supernormal profitability over longer period.

So, In Indian context which are the companies that have strong and enduring business moats? Let’s have a look at some of the examples.

Asian Paints is one obvious example that comes to mind. Here is a company that has created a strong brand out of boring product such as chemical or paint. In fact the process of selecting paint hardly used to be consumer’s own decision. But this company focused on engaging the end user and created differentiated products; the strong brands backed by its hard to replicate nationwide distribution network have created a dominant market leading position for itself – enduring moat.
HDFC Bank is another prominent example where company is into a seemingly commodity business where raw material and final product is both money. The bank created a strong entry barrier (the enduring moat) with its quality of service, professional management and the most important factor in banking business – the “Trust” of its customers.
Pidilite Industries is one more example where company created a strong brand out of boring chemical adhesives. “Fevicol ka majoob jod” – is company’s enduring business moat. It enjoys near monopoly in its line of business with hardly any visible competition. Company widened its moat by entering in other lines of businesses such as water proofing compounds etc.
Titan is a company that has become synonymous with watches in India with its high quality and affordable products. The brand Titan extended its enduring moat into other areas such as jewellery, eyewear, fashion accessories etc. and has become sector leader in each of its business line – Watches(Titan), Jewellery(Tanishq), eyewear(Titan eye+) and fashion accessories (Fastrack).
Naukri.com is India’s most successful online recruitment website. It is the only site that survived the dot com bubble. It has countered even the global competitors such as Monster, Dice etc well and has become India’s most preferred recruitment channel. The company (Info edge) extended its business moat in other areas such as matrimony (jeevansathi.com), real estate (99acres.com), education (shiksha.com & mertination.com) and host of other emerging new businesses.
One factor common in all the above companies is the possession of a strong and enduring business moat which has given them a dominant leadership position and that has resulted in creating huge wealth for its shareholders over the years.

Disclaimer: No part of this article should be inferred as an investment advice. Author may have vested interest in all the companies mentioned directly or indirectly.

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Categories
Promoters Stock

Why Bhaskar Bhat of Titan is like a God to Investors

The market cap of Titan over the years says it all (from AxisCapital)

titan