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Radhakishan Damani’s Investments: A Portfolio Overview

Created on 13 Sep 2023

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Radhakishan Damani’s Investments

Are you searching for investing shortcuts, seeking the next big opportunity, or simply interested in the investment approaches of the financial legends? 

Well, it all starts with the mentor of none other than "The Warren Buffett of India."

While the spotlight often shines on the late Rakesh Jhunjhunwala, it's time to shift our focus to the man who guided him along the way – Radhakishan Damani

You might know Damani as the founder of Dmart, but there's more to this remarkable individual than establishing one of India's most successful retail chains.

He's not just a successful entrepreneur; he's also a wise investor with a net worth of ₹1,70,509.95 crore.

He publicly holds a total of 14 active stocks in his portfolio.

Damani stands out not just for his wealth but also for his investing philosophies. At  32, he started his investment career, equipped with a set of ideas that have lasted the test of time. 

His approach? Having a long-term perspective, spotting high-quality stocks with rock-solid fundamentals, diversified portfolio and a knack for timely rebalancing.

Now, you might be wondering, what's in Radhakishan Damani's investment portfolio? You're in for a treat because Insider has got the inside scoop😉. 

Here are the stocks that Radhakishan Damani holds, as per the data provided by the stock exchanges.

Here are the stocks that Radhakishan Damani holds, as per the data provided by the stock exchanges.

So, let's take a quick peek at the first 5 companies to gain a better understanding of their essence.

1. Avenue Supermarts Ltd.

Of course, Avenue Supermarts Ltd. (DMart) must be his top pick for investment; after all, it's Damani’s company. Duh! 

Avenue Supermarts, founded in 2002, is a Mumbai-based retail powerhouse popularly known as D-Mart. 

It stands tall as one of India's largest and most profitable Fast-Moving Consumer Goods (FMCG) retailers.

The company boasts an extensive array of products, with a keen focus on categories like Food, Non-Foods, General Merchandise, and Apparel. With a sprawling presence across numerous Indian cities, the company runs and oversees all its stores. Additionally, it maintains a robust network of distribution and packing centres, serving as the vital backbone of its supply chain to support its retail empire.

Check the financials below⬇️

Avenue Supermarts Ltd. (DMart) must be the top pick for investment; after all, it's Damani’s company.

For additional information regarding the financials, refer to Ticker by Finology. And if you're still on the fence about whether to invest or not, let the Dmart report be your guiding light.

2. VST Industries Ltd.

This is the second major investment in Damani's portfolio. VST Industries Ltd., an Indian company, has a long-standing history in the tobacco industry. 

The Vazir Sultan Tobacco Company Limited was the organization's previous name before it changed to VST Industries Limited later in 1983.

VST Industries Ltd. operates manufacturing facilities in Hyderabad and Toopran, Telangana, producing a range of tobacco products, including cigarettes and unmanufactured tobacco.

Review the key company details below 👇

This is the second major investment in Damani's portfolio. VST Industries Ltd.

Ever find it intriguing how prominent investors often put their money into tobacco and alcohol companies? It's almost like a case in point when LIC made a substantial investment in ITC Ltd., the tobacco giant. You can delve deeper into this interesting story here.

3. The India Cements Ltd.

India Cements Ltd. is a cement manufacturing company in India established in 1946. 

The company is among India's leading manufacturers and suppliers of cement and is rated as one of the best cement companies in India. 

It has a distribution network with over 10,000 stockists

It is the largest producer of cement in South India. The company has several plants in Tamil Nadu and Andhra Pradesh which cater to all major markets in South India and Maharashtra.

To know why Damani invested in this company, click here.

Review the significant financial figures depicted in the image below.

India Cements Ltd. is a cement manufacturing company in India established in 1946

Speaking about this company, if you're interested in understanding why the real estate industry in India is a thriving sector for investors, be sure to check this article.

Next up in the portfolio, we have,

4. Trent Ltd.

Founded in 1998 and proudly a part of the Tata Group, Trent Ltd. is headquartered in the bustling city of Mumbai.

At the forefront of India's branded retail industry, Trent divides its operations into two key segments: Retailing and Others

Westside, Star, Landmark, and Zudio come under this company. It offers curated, in-house fashion at budget-friendly prices.

Check the major financials in the image ⬇️

Founded in 1998 and proudly a part of the Tata Group, Trent Ltd. is headquartered in the bustling city of Mumbai.

Moving on to the final stock for this article, we find...

5. Sundaram Finance Ltd.

Sundaram Finance is a part of the Sundaram Group which started its journey in 1954, with a modest capital of ₹2 lakhs, focusing on financing commercial vehicles and passenger cars. 

The company's shares hit the Madras Stock Exchange in 1972 and the National Stock Exchange in January 1998. However, in 2004, they voluntarily delisted from the Madras Stock Exchange, following SEBI guidelines.

Today, Sundaram Finance stands as one of India's most trusted financial service groups, offering a diverse range of products, including savings accounts, mutual funds, vehicle finance, insurance, home loans, software solutions, and more. 

Their strength lies in quick transactions, long-standing relationships with transporters, and a deep understanding of the market.

With a vast network of over 400 branches, Sundaram Finance caters to its customers' financing needs efficiently. 

Check the financials⬇️

Sundaram Finance, part of the Sundaram Group, started its journey in 1954, focusing on financing commercial vehicles and passenger cars.

Mohan Meakin is another company that opted to delist its shares from the exchange; it's definitely worth diving into. Plus, it's the very company responsible for the iconic Old Monk rum. To discover more, just click here.

The Bottom Line

In the world of investment, there's always more to discover. From the guidance of Radhakishan Damani to intriguing portfolio picks, we've covered a variety of companies.

Whether you're keen on India's thriving real estate scene, fascinated by financial legends, or on the hunt for a multi-bagger, the investment world offers endless possibilities.

So, keep exploring, stay informed, and keep learning! 🚀💰

If you are interested in the President's top 5 holdings, give this article a read. 
Also, check out the portfolios of other Super Investors by clicking here.

*Disclaimer: The stocks and companies discussed above aren't a recommendation from Insider by Finology and shall not be construed as a replacement for professional advice. Consult a professional or conduct the necessary research before making investment decisions. 

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Sakshi Dhakre

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Sakshi is an adventurous spirit who enjoys both the intellectual stimulation of Finance and the sensory experiences of good food and nature’s beauty. She has a passion for delving into complex financial topics and distilling them down into easy-to-understand insights. When she's not poring over financial reports, you might find her exploring a new corner of the city, trying out new restaurants and cuisines or admiring the beauty of the night sky.

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