Congratulations!
Given 8% return on 65% of folio is sufficient to cover annual expenses, it means your PF provides 20x cover. Also, given there are other sundry receivables, as some buffer. This is quite a courageous threshold and looks like you know what you are doing.
I doubled my holding of Vipul based on your high conviction level and that has already given me very good returns, and seems a low downside risk also.
Just added GNA axle also, though near ATH, seems to be consolidating, with respectable DII holdings.
What is your growth story behind DHP? Can they really scale and grow bottom-line at a good rate? Was invested for few months but nothing was moving and small scale was worrying.
It looks as if Time is finding it difficult to really grow bottom-line, while plastics manufacturers have made hay due to low crude, maybe they were hit by holding inventory. Will composite gas containers be in less demand due to city-gas? Was short-term holder here too as business seemed decently priced.
Microcaps bear the worst when the cycle turns, though we must focus on our individual conviction bets, leaving aside the broader markets. So I agree with your convictions overall, just maybe little more diversity may help, cap-wise also.
Maybe add some stocks which have missed the current rally, will add to the margin of safety also?
Best of luck!