Contents
Porinju Veliyath Wiki, Bio
This page is the wiki or bio about Porinju Veliyath. This page will be constantly updated to serve as a wiki or a quick guide to his activities on the stock market.
We will here track details relating to Porinju Veliyath’s latest stock recommendations, latest buys and sells, bulk deals, portfolio, holdings, PMS (Equity Intelligence), interviews etc
If any reader has any useful information on the subject, please post them in the comments section given below.
Porinju Veliyath Portfolio holding as of November 2018
The latest portfolio and holdings of Porinju Veliyath and his Equity Intelligence PMS Fund as of November 2018 is as follows:
| Stock Name | CMP (Rs) | % Change | P/E Ratio | Nos of shares | Value of portfolio | % of Portfolio |
|---|---|---|---|---|---|---|
| LEEL Electricals Ltd | 73.7 | 1.1 | #N/A | 33,80,345 | ₹24,91,31,427 | 7.92% |
| Sarda Plywood Industries Ltd | 86.2 | 4.87 | #N/A | 1,58,725 | ₹1,36,82,095 | 0.43% |
| Eastern Treads Ltd | 48 | 1.48 | #N/A | 1,00,000 | ₹48,00,000 | 0.15% |
| Raunaq EPC International | 90.9 | 0 | 14.29 | 50,000 | ₹45,45,000 | 0.14% |
| Kerala Ayurveda Limited | 82.85 | 3.05 | #N/A | 1,40,000 | ₹1,15,99,000 | 0.37% |
| Emkay Global Financial Services Ltd | 100.5 | 2.29 | 9.68 | 3,00,000 | ₹3,01,50,000 | 0.96% |
| Talwalkars Better Value Fitness Ltd | 50.75 | -4.96 | 11.39 | 3,40,000 | ₹1,72,55,000 | 0.55% |
| Palash Securities Ltd | 37.6 | 0 | #N/A | 1,00,949 | ₹37,95,682 | 0.12% |
| VA Tech Wabag | 287.5 | 3.42 | 11.54 | 27,30,000 | ₹78,48,75,000 | 24.95% |
| Kaya Ltd | 739.2 | 2.83 | #N/A | 20,00,000 | ₹147,84,00,000 | 47.00% |
| TOTAL NET WORTH | ₹314,53,31,884 | 100.00% |
Kaya Ltd, which is promoted by Marico, is the largest single holding in the portfolio.
As of 30th September 2018, the holding stands at 20,00,000 shares and is valued at Rs. 147.84 crore.
Va Tech Wabag is also a high-conviction stock pick in the portfolio.
The holding of Va Tech Wabag as of 30th September 2018 is 27,30,000 shares valued at Rs. 78.48 crore.
Yet another large holding in the portfolio is LEEL Electricals. The number of shares held is 32,76,040 and the investment is worth Rs. 24.91 crore.
Unfortunately, a large number of shares in the portfolio are held in the names of the clients of the Equity Intelligence PMS Fund.
These holdings are not required to be reported to the stock exchanges if they do not exceed 5% of the equity capital of the company.
Yes, @kushkatakia – I am betting on a valuable brand and futuristic business model from one of India's most respected entrepreneurs @hcmariwala – wealth-creator, shareholder-friendly & inspiring leader! https://t.co/eMrl7SDijI
— Porinju Veliyath (@porinju) April 18, 2018
Porinju Veliyath Stock recommendations
Porinju has recommended the following stocks for investment
| Stock | CMP (Rs) | Investment rationale |
| Reliance Industries | 1258 | Stock is at an inflection point and will be a decent compounder |
| Federal Bank | 85 | Mid-cap Bank is a good buy |
| Lakshmi Vilas Bank | 162 | Stock is safe for investment |
| Parag Milk Foods | 225 | Attractive valuations |
| Kwality | 160 | Reasonable valuations |
| Transport Corp (TC) | 200 | High quality mid-cap. Beneficiary of GST |
| Hindustan Sanitaryware (HSIL) | 324 | Good management. Benefit of real estate revival |
| BBTC (Bombay Burmah Trading Corp) | 716 | Holding company discount |
| Future Retail | 253 | Ambitious plans |
| Bengal & Assam | 1306 | Holding company discount |
| Vindhya Telelink | 646 | Holding company discount |
| Saksoft | 272 | Demonetisation beneficiary |
| Datamatics | 135 | Demonetisation beneficiary |
| Orient Bell Ceramics | 166 | GST Beneficiary |
He has recently recommended two stocks named Godrej Properties and Oberoi Realty for investment. The research report of both stocks is available for download.
Oberoi Realty @ 410 & Godrej Properties @ 560, two well-corrected high-quality stocks in the sector with solid assets, brand & business model.
Discl: no vested interests, not holding— Porinju Veliyath (@porinju) September 24, 2018
He has also recommended an investment in hotel stocks for 2019.
Signs of recovery from an oversold environment. See a rewarding Samvat for new investors. Bullish on hotel cos; a good long term bet. Hotel sector a safe bet for next 2-3 years: Porinju Veliyath (@porinju) to @avannedubash #Diwali #Diwali2018 #Samvat2075 #HappyDeepavali pic.twitter.com/wttO0awLgD
— ET NOW (@ETNOWlive) November 6, 2018
Latest stock picks & Bulk deals
Information about the latest bulk deals will be collected and posted here.
(i) In a bulk deal, Equity Intelligence bought 212000 shares of Cimmco Ltd on 23rd March 2017. The price paid for each share is Rs. 69.95.
(ii) Some other famous bulk deals are those involving Kalyani Steels, Saksoft, Century Textiles, Virinchi Ltd, Tata Chemicals, Jubilant Life Sciences etc.
Equity Intelligence PMS
Equity Intelligence is a SEBI registered portfolio manager. It was incorporated in the year 2002.
The Fund has three key personnel, namely, Porinju Veliyath, the fund manager, Abhilash Varghese, the Director of Operations and Miriam Philip, the relationship manager.
As of 30th October 2018, the PMS has a net worth of about Rs. 1200 crore.
The auditors of the PMS Fund are M/s Varma & Varma, Chartered Accountants
Address and contact information of Equity Intelligent PMS
Address
5th Floor, Areekal Mansion,
Manorama Jn, Main Avenue,
Panampilly Nagar
Kochi – 682036
India
Phone
+91 484 6444699
Fax
+91 484 2323231
info@equityintelligence.com
Website
equityintelligence.com
Address and contact information of auditors
Address
“Arden Ivy Court”,
Building No.53/333 A, B, C & D,
Off. Subash Chandra Bose Road,
Vytilla, Kochi 682019,
Kerala. India
Email: kochi@varmaandvarma.com
Web site: varmaandvarma.com
Phone numbers
+91 484 2302223
+91 484 2306129
+91 484 2306065
Performance of Equity Intelligence PMS Fund
The Equity Intelligence PMS Fund is not faring well because several stocks in the portfolio such as Kaya Ltd, LEEL Electricals and Va Tech Wabag have lost large part of their valuation.
According to Bloomberg, Equity Intelligence India was the next worst performer for September 2018 and has given a negative 41.8 percent return year-to-date.
The AUM (Assets Under Management) of Equity Intelligence India as per SEBI’s records as of September 2018 stands at Rs. 1246.2 crore.
Net worth
The net worth of Porinju Veliyath is about Rs. 100 crore.
We can make this estimate of his net worth based on the stocks held in his portfolio.
The AUM of Rs. 1246.2 crore of the Equity Intelligence PMS Fund will also contribute to the net worth of Porinju Veliyath because he is entitled to change management fees based on the AUM and the performance of the fund.
Background
Porinju Veliyath is the CEO and Fund Manager of Equity Intelligence (India), a portfolio management service.
He grew up in rural Kerala and comes from a very humble background. he has worked with brokerage firms in Mumbai called Parag Parikh, Kotak Securities and others and learnt the art and science of how to buy and sell stocks.
He is a value investor. He has identified several multibagger stocks early in his career such as Shreyas Shipping, Kitex Garments, KRBL etc. He is reported to have made crores for himself and his clients in multibagger deals.
Porinju now resides in Potta, a small place near Thrissur, Kerala.
He has a huge farm house where he grows paddy and a number of fruits and vegetables.
Porinju likes to share his stock ideas and tips with his followers and the public. Some of the stocks recommended by him have become multibagger stocks.
Farm
The farm is a sprawling property located in Potta, a village near Thrissur in Kerala.
The farmhouse is spread over several acres. The land is very fertile. There is plentiful supply of water. A number of crops can be grown at the farm such as mangoes, chikoo, jackfruit etc apart from a number of vegetables. There are also wild animals and birds on the farm. Peacocks and parrots are a common sight. There are also a couple of EMUs on the property.
The farmhouse has a huge swimming pool/ pond. The source of water for the pool/ pond is a natural spring which runs through the farm.
Car
Porinju is believed to have a Mercedes Benz car bearing the registration number KL 07 BN 606.
Family
Porinju’s wife is named Litty.
He has a son named Sunny and a daughter named Shilpa.
Interviews
Smallcap czar Porinju Veliyath predicts a long bull market for India (ET)
Reliance may rise 20-25%; why investors must watch politics (moneycontrol)
Organised businesses to do better going forward (ET)
This Future stock has doubled but Porinju says it has more to go (moneycontrol)
An investment theme and top stock picks from Porinju Veliyath for calendar 2017 (ET)
Such nice person … How to know more about him and his stocks to get associated?
Nice post. Kindly share the source from which you get his portfolio details
He is a humble man and that is how he has come to this level. He shares his ideas openly in media and feels happy . He has blessings of god .i am sure he will become legend investor in times to come .i wish him all very best.
Impressed with Mr.Porinju, want to know more about investment oppurtunities in India/Kerala
I am from UAE
WOULD LIKE TO START MY JOURNEY WITH PORINJU. COULD YOU PLEASE ADVISE ME
Good study,good advice,required to be followed.