Quick Update:
Added more of Gravita India. Planning to make it a core part of my portfolio.
| Stock |
Profit % |
Protfolio % |
| Zomato |
138% |
16% |
| NTSP |
150% |
30% |
| Angel One |
-11% |
13% |
| DP Abhushan |
101% |
10% |
| LT Foods |
49% |
10% |
| TPCL Packaging |
25% |
7% |
| Bajaj Finance |
-9% |
9% |
| Gravita India |
14% |
6% |
Other Stocks on my Radar
- Dr Agarwal eye hospital
- Trust Fintech
- BLS International
I don’t want more than 8 stocks in my portfolio, might churn based on potential.
Hi Amoul, are you planning to change your allocation in NPST, given its trading at very high P/E of 125?
1 Like
Dont plan to change anything at the moment.
I still think there is a lot of upside left. Company is growing at more than 100% YoY and forward-looking PE still looks good.
Also, I have learnt that in the bull run you should ride on your winner. In bull market focus on valuation reduces and growth increases. If there is a broader change in market sentiment I will think about this.
NPST Ltd, with its focus on fintech and banking tech solutions, is well-positioned for the booming digital payments sector. Rapid 100% growth and experienced promoters are strong positives. A PE of 114 is high but may be justified by robust growth potential and market demand.
PORTFOLIO UPDATE:
| Stock |
Profit % |
Protfolio % |
| Zomato |
151% |
15% |
| NTSP |
110% |
22% |
| Angel One |
12% |
14% |
| DP Abhushan |
175% |
12% |
| Dr Agarwal |
29% |
14% |
| TPCL Packaging |
44% |
7% |
| Bajaj Finance |
3% |
9% |
| Gravita India |
43% |
6% |
Sold entire Holding of LT Foods:
- PE reached an all-time high for LT foods and there is less scope for valuation expansion, The Company will still grow at a healthy rate but returns might be limited to profit growth and not PE expansion. Also I found a better opportunity in Dr Agarwal Eye Hospital.
Added Dr Agarwal Eye Hospital
- Dr Agarwal is a core part of my portfolio now (more than 10% allocation)
- Eye care industry is going through a transformation of shifting from an unorganised to an organized sector, this can benefit the company
- Showing a strong profit growth of 31% in last 5 years and OPM is also increasing YoY which means the company is getting more efficient
- The company is planning to open more hospitals that will drive growth along with an increase in services offered through the same store
NPST Update
- NPST has fallen by more than 30% from its top. There have been concerns about the drop in future profit but I am waiting for its quarterly results post will make a decision if it is a good time to increase the allocation
Other Stocks on Radar
- BLS International
- Yatharth Hospitals
- Manan In Store
1 Like
PORTFOLIO UPDATE:
- A lot has happened in the market in the last 3 months and my portfolio has also gone through major changes.
- Most of my gains have eroded in the fall but stocks seem to have found their bottom (only time will tell). At this point increased the number of stocks in the portfolio to be safe.
- Added more of TCPL as the results were very good and I expect a consumer boom in coming years which should benefit TCPL Packaging
- I also added small quantities of Dr Agarwal and BLS International.
| Stock |
Profit % |
Protfolio % |
| Dr Agarwal |
-9% |
17% |
| Zomato |
98% |
16% |
| Angel One |
-6% |
15% |
| TCPL Packaging |
59% |
12% |
| BLS International |
-2% |
11% |
| Gravita India |
-4% |
9% |
| CDSL |
-17% |
7% |
| KPIT Tech |
0% |
4% |
| Ksolves |
0% |
4% |
Sold Entire holding of NPST (profit of 33%)
- While I still believe in the long-term story of NPST and plan to enter this stock again sold it for now as the company is facing issues with its baking partners which led to a decline in revenue and profit for Q4 2024 and being a high PE stock the scope of downside is still here.
- I plan to wait for next quarter’s results before entering again unless there is another 20-25% fall from here which will give a good point of entry.
Sold Entire holding on DP Abhushan (profit of 153%)
- Attended the concall for the first time and came to know that the company does not have a view on how to hedge itself against the gold price changes. Since gold prices are on the rise as of now company is benefitting from this but if it starts to decline this will impact the margins of the company.
- As the gold prices are still on the rise company will do well but I don’t want to count on the rising gold prices and hence exited.
Entered KPIT Tech
- Don’t think I have to comment on the business model and revenue growth opportunities. This stock is well known in the market.
- KPIT Tech is down more than 30% from its top and its PE is less than its 5-year average of 52, market cap to sales has also corrected a lot. Felt like a good bet with less downside.
- This felt like a good point to buy, stock may still be down from here but looks good for 2-3 year horizon.
Entered CDSL
- I believe India’s capital market is going to explode in the next 5 years and I am trying to find good opportunities here.
- CDSL is a duopoly business and its growth will be directly proportional to capital market growth.
- Stock has corrected more than 35% from its top and is at average PE and Mcap/sales of last 5 years.
- If the market does not recover from there CDSL might go down or go sideways for a long time before going up.
Entered Ksolves
- Has shown profit and revenue growth of more than 60% in the last 3 years. It’s available at a PE of 27 which is much less than its historical average and less for a smallcap IT company.
- Its OPM has decreased over the last 5 years and that might be the reason why stock is down almost 40% from its top.
- IT as an industry has gone sideways for the last couple of years and it’s picking up again so smallcap IT should benefit from this.
- Management is positive of growing at more than 30% while maintaining 35% ROCE.
Other stocks on Radar
- Bikaji Foods
- Vadilal Industries
Would really appreciate thoughts and comments on the profolio.
2 Likes
PORTFOLIO UPDATE:
- Made some changes based on the recent tariff news and changes in macro
Sold KPIT (at a loss of 24%)
- While I still feel this stock can perform well, recent tariff news and slowdown in the automobile industry can impact the business
Bought Ujjivan Small Finance Bank
- I feel banks and NBFCs have found their bottom, and they have already started going up
- There have been 2 rate cuts by the RBI, and liquidity should flow into the market. Banks will benefit from this
- Bought at P/B ratio of 1.2, where I felt not a lot of downside left. I also feel NPA issues with SMB have mostly been sorted, and the books are clean now.
Bought Cantabil Retail
- EBIDT growth of 30%+ for the last 3 years and available at a PE of 30 which I think is quite lucrative.
- Counting on Tier 2 growth, as tax benefit reaches middle income groups which is the TG for Cantabil retail growth should follow
- Unique business model where they manufacture and sell through their own store, giving them the benefit of higher profit margins
Bought Chatha Foods
- Chatha Foods in the frozen, ready-to-eat poultry and meat manufacturing
- I love the management transparency; they even publish the recordings of investor meetings, which is very rare. Give me a huge boost in confidence, which is critical for the SME space
- Frozen food market is bound to grow and GDP Per Capita increases, the demand will come from both restaurants as well as retail. Right now, Chatha Foods is in the B2B business but has the potential to enter retail as well.
- Doing a lot of capex to increase the capacity, the management targets a 5x to 6x growth in PAT by FY '28, even if they achieve half of it stock should do well.
- Potential for both PE expansion as well as PAT growth.
Apart from this added more of Ksolves
| Stock |
Profit % |
Protfolio % |
| Angel One |
7% |
18% |
| Dr Agarwal |
-1% |
16% |
| Zomato |
85% |
11% |
| BLS International |
8% |
10% |
| TCPL Packaging |
51% |
9% |
| Chatha Foods |
-1% |
8% |
| Gravita India |
23% |
7% |
| CDSL |
6% |
7% |
| Ksolves |
3% |
5% |
| Ujjivan Small Finance Bank |
24% |
5% |
| Cantabil Retail |
2% |
3% |
4 Likes
Portfolio Update
Angel One:
- Finally, the patience is paying off. Angel One is up 60% from its bottom. Angel One has the highest allocation in my portfolio. I expect some cool down from here.
Ather:
- Picked up significant shares during the IPO.
- I have personally been using Ather and am a big advocate of the product and management. This might take some time to show results, but it should pick up.
- Ather is trading at 11k CR, which roughly comes out to be 1.5 billion dollars. Ather available at 1.5 Bn$ valuation sounds like a great deal to me.
Other Updates:
- Bought a little bit more of Ujjian, Ksolves and Cantabil retail.
- There are 12 stocks in my portfolio. I don’t want to add more, I am looking to exit from 1-2. Any suggestions would be helpful.
- Overall portfolio is sitting at 19% gain
| Stock |
Profit % |
Protfolio % |
| Angel One |
41% |
19% |
| Dr Agarwal |
-1% |
13% |
| Zomato |
122% |
11% |
| BLS International |
10% |
8% |
| CDSL |
41% |
8% |
| Ather |
-4% |
7% |
| TCPL Packaging |
47% |
7% |
| Chatha Foods |
-7% |
7% |
| Gravita India |
15% |
6% |
| Ujjivan Small Finance Bank |
19% |
5% |
| Ksolves |
-21% |
4% |
| Cantabil Retail |
3% |
4% |
Other stocks I am tracking
- Sky Gold
- NPST: Will enter this as soon as valuation looks attractive
2 Likes
Portfolio Update
Ather
- Added more of ather post IPO and looks like its paying off.
- June quarter results were quite good they have reduced the expenses and losses has trimmed down significantly
- Growing market share in rest of the India (expect south) as well
Zomato
- Sold around 30% of my zomato portfolio
- Still see a lot of growth here but valuations looks stretched.
- I also feel food delivery and grocery delivery might go through a rough patch as a lot of new players are coming
- Still bulling on zomato mainly because of its founders.
BLS International
- While the company is giving amazing results it is still going through a consolidation phase
- Looks cheap at this point if the stock does not move for another quarter and company gives similar growth will add more.
NPST
- Added NPST a little, company has passed the rough phase and getting back on gorwth
- Management is positive about reaching highest profit numbers by Dec quarter. If the results are good or stock goes down will add more.
|
|
|
| Stock |
Profit % |
Protfolio % |
| Angel One |
18% |
16% |
| Dr Agarwal |
3% |
14% |
| Ather |
30% |
13% |
| Zomato |
133% |
9% |
| BLS International |
-1% |
7% |
| CDSL |
28% |
7% |
| Chatha Foods |
-10% |
6% |
| TCPL Packaging |
34% |
6% |
| Gravita India |
8% |
5% |
| Ujjivan Small Finance Bank |
17% |
5% |
| NPST |
0% |
4% |
| Ksolves |
-26% |
4% |
| Cantabil Retail |
4% |
4% |
Any inputs is really appreciated
4 Likes
Portfolio Update:
Dr Agarwal
- Sold Dr Agarwal after clarification on the merger by management. The companies plan to merge their operations by 2027. I was really confused here, this is my first time with a stock from my portfolio ig going through a merger. I am not sure how to evaluate the future prospects, and hence sold.
- Got a small gain of 10%
Angel One
- Really frustrated with the price action of Angel One. Every day, new news emerges regarding the FnO ban/restrictions, which prevent the stock from moving.
- Not planning to sell at the moment, but if the stock corrects another 20% will add more
- Listing of Groww (at 8Bn$) might trigger the movement again.
NPST
- Added a little bit more of NPST
- Management is confident of achieving its highest revenue and profit by Q4 2025. If they can do that, there’s a lot of upside here.
- The solutions they are building are cutting-edge, and with increased UPI penetration, they are going to do well.
Travel Food Services Lt
- Added Travel Food Services Ltd, they are into operating lounges and restaurants at airports
- Betting on the growth of domestic travel and an increase in discretionary spending
- One concern is what happened with Dreamfolks, wondering if Travel Food Services can also be cornered by some big company in the future
Also thinking of reducing exposure of tracking portfolio (portfolio % less than 5%) to less than 15% overall. Right now its too much diversification.
Bought a tracking position in Urban Company as well.
| Stock |
Profit % |
Protfolio % |
| Ather |
68% |
18% |
| Angel One |
-7% |
13% |
| Zomato |
131% |
10% |
| BLS International |
-10% |
8% |
| NPST |
0% |
7% |
| CDSL |
19% |
7% |
| TCPL Packaging |
27% |
6% |
| Chatha Foods |
-17% |
6% |
| Travel Food Services Lt |
5% |
5% |
| Ujjivan Small Finance Bank |
17% |
5% |
| Gravita India |
-2% |
5% |
| Ksolves |
-26% |
4% |
| Cantabil Retail |
4% |
4% |
| Urban Company |
6% |
1% |
Any thoughts or feedback is appreciated.
2 Likes
Did some major changes in the portfolio.
BLS International
- Exited my position in BLS International at a 26% loss following the MEA order controversy. While the High Court has since ruled in BLS’s favor and the stock has recovered, I chose to exit due to lingering corporate governance concerns.
- I still believe in the business model and its potential, but I prefer not to hold investments that cause me undue worry. As the saying goes, no investment is worth losing sleep over.
Gold and Silver
- Made a significant allocation to silver approximately 2.5 months ago, deploying nearly all available cash. This position has delivered good returns so far.
- My investment thesis is straightforward: industrial demand for silver will continue growing over the next 5 years while supply remains constrained, creating a favourable supply-demand imbalance.
- My target price range is $90-100/oz. While this isn’t backed by detailed fundamental analysis, I believe silver supply will remain tight for the foreseeable future, which should support higher prices.
- Also initiated a smaller position in gold as a long-term hedge, anticipating USD weakness due to current macro policies.
PNGS Gargi Fashion
- Established a tracking position in PNGS Gargi Fashion.
- The company is delivering impressive metrics: 100%+ bottom-line growth while maintaining ~45% ROE. Currently trading at a PE of just 3.6, which appears attractive.
- Small market cap of ₹1,000 Cr with strong demand fundamentals.
Urban Company, NPST, CDSL
- Initiated small positions in all three names.
- CDSL is my long-term conviction play—I plan to accumulate more on any corrections.
- Watching Urban Company closely and will add once it establishes a clear base.
- Added to NPST during its recent correction. I maintain my view that NPST can grow 50%+ annually over the next 3-5 years.
| Stock |
Profit % |
Protfolio % |
| HDFC Silver ETF |
49% |
25% |
| Ather |
131% |
17% |
| Angel One |
3% |
10% |
| Zomato |
98% |
6% |
| GOLDETF |
1% |
5% |
| NPST |
-28% |
5% |
| CDSL |
23% |
5% |
| Travel Food Services Lt |
-10% |
4% |
| Ujjivan Small Finance Bank |
37% |
4% |
| Gravita India |
16% |
4% |
| TCPL Packaging |
15% |
4% |
| PNGS Gargi Fashion |
-11% |
4% |
| Cantabil Retail |
10% |
3% |
| Ksolves |
-33% |
3% |
| Urban Company |
-9% |
2% |
Any thoughts or feedback are appreciated.
3 Likes
