Ramesh Damani Latest Portfolio 2018

Ramesh Damani Latest Portfolio 2018

Ramesh Damani’s portfolio is studded with a number of multibagger stocks. His latest portfolio is as follows. We will update the portfolio on a regular basis so that investors can keep a track of what stocks he is buying and selling.

As of September 2018, there are only two stocks where Ramesh Damani has a holding in excess of 1%. These are the following.

Name Price Net Worth (Rs crore) Nos of shares Held
TV Today Network Limited     448 38.96 8,69,686
Quick Heal Technologies 361 26.86 744,079

As of 30th September 2017, Ramesh Damani held 2,50,000 shares in Uniply Industries and 2,27,987 shares in The Mandhana Retail Ventures Limited. However, he is not shown as a major shareholder in either company as of 31st December 2017.

Presumably, he has either sold off his holding or reduced it to below 1%.

Latest stock pick of Ramesh Damani

SRG Housing Finance is the latest stock pick of Ramesh Damani. He was allotted 111,000 shares in a preferential offer of February 2017.

SRG Housing Finance is a NBFC engaged in offering loans against property (LAP) and housing finance.

Don’t Miss: SRG Housing Finance Research Report (Investors’ Presentation) with podcast of Vinod Jain (MD)

Latest interview, podcasts

Other stocks in portfolio

It is a known fact that Ramesh Damani does have a very wide and diversified portfolio.

In several public interviews, he has revealed that he has the following stocks in his portfolio:

(i) National Building Construction Corporation (NBCC)

(ii) Sundaram Finance

(iii) Agrotech Foods

(iv) Gati

(v) Intellect Design Arena

(vi) Geometric

(vii) Sonata

(viii) Tata Elxsi

(ix) Oil PSU stocks

(x) GIC Housing

(xi) ICICI Bank

(xii) United Spirits

(xiii) Andhra International Paper

(iv) TCPL Packaging

(xv) Balmer Lawrie & Co

(xvi) Quick Heal

(xvii) DMart (Avenues Supermarts)

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Ramesh Damani’s Net Worth

Ramesh Damani revealed in a talk at the Value Investing Forum that his net worth could have been equal to that of a Forbes Billionaire if he had the sense to buy 10% of the equity capital of United Breweries (then McDowell) and Bharat Electronics Ltd.

If he had bought only 10% of the equity capital of each company (which he could have afforded at that time), his net worth would today be in excess of Rs. 6,500 crore.

We can estimate roughly that Ramesh Damani’s net worth may be close to Rs. 1,000 crore because of the highly diversified nature of his portfolio.

Ramesh Damani’s recommendations

Ramesh Damani’s latest recommendations, as revealed to the public, have been PSU Banks, OMCs and Liquor stocks. He has also developed a liking for “cyber-security” stocks like Quick Heal which he believes will benefit in the new economy.

We can see that he himself holds 744,079 of Quick Heal Technologies as of 31st December 2017.

Ramesh Damani Wiki

In an interview with Abha Bakaya, Ramesh Damani revealed little known secrets about his early life, education and how he built an empire based on the stock market.

Ramesh Damani is highly educated. He holds a Bachelor’s Degree in Commerce from HR College in Mumbai and Master’s Degree in Business Administration from California State University.

He is 57 years old.

He is the founder of a company called Ramesh S Damani Finance Pvt Ltd.

Infosys was Ramesh Damani’s first multibagger stock pick. He bought Rs. 10 lakh worth of stock when Infosys went public with an IPO in 1993.

By 1999, the investment in Infosys had become a multibagger stock with 100x gain.

Ramesh Damani was also one of the early spotters of the opportunity in liquor stocks. He realized that because of the prohibition policies of the Government, the entire liquor business in India was available for only Rs 500 crore.

He bought big stakes in McDowell and other liquor and they also became multibaggers stocks in the portfolio.

Ramesh Damani is also a strong believer in PSU stocks.

His favourite PSU stocks are Bharat Electronic Ltd (BEL) and Bharat Earth Movers Ltd (BEML).

These stocks were quoting at extremely cheap valuations and they offered very high dividend yield.

Why Ramesh Damani bought The Mandhana Retail Ventures Ltd (TMRVL)

The Mandhana Retail Ventures Ltd (TMRVL) has signed a global exclusive Trademark Licence Agreement with Salman Khan’s Being Human Foundation to design, manufacture, retail and distribute men’s wear, women’s wear and accessories under “Being Human” trademark until March 2020.

TMRVL has posted robust financial results with a good increase in revenues, EBITDA and PAT.

TMRVL is presently trading at a modest PE of 9.9x its FY17E EPS of Rs.17.5.

With the retail story ready to bloom, TMRVL, with a strong growth in topline and the margins, is offering attractive investment opportunity with a price target of Rs. 300 in medium to long term perspective. The branded and retail business along with the huge brand value of India’s biggest superstar Salman Khan should add a strong value for the investors and shareholders.

Why Ramesh Damani bought TV Today

Strong viewership ranking in Hindi and English news genre

TV Today enjoys a strong viewership ranking in the Hindi and English news channel categories. The company’s Hindi news channel i.e. Aaj Tak has maintained its market leadership position for several consecutive years in terms of viewership and continues to dominate by being the channel of choice during unfolding of key national as well as international events. Further, TV Today’s English news channel i.e. India Today has been continuously gaining viewership ranking, it has now captured the No. 2 spot from No. 4 earlier. Its other channels like Dilli Aaj Tak and Tez are also popular among viewers.

TTNL to benefit from TV industry (ad + subscription revenue) growth of ~16% CAGR over CY14-19E

Going forward the TV industry is expected to report a 16% CAGR over CY2014-19E on back of increased advertisement allocations by the corporates, government, and E-Commerce set ups, which are a significant new category.

There is also expected to be an improvement in subscription revenue due to digitization of phase 3 & 4. Since the last 6-7 quarters, FMCG and automobile companies, which incur significantly high ad spends, are underperforming due to weak consumer buying sentiments in rural areas (owing to two prior consecutive years of poor monsoon).

However, there is now some improvement in TV ad spends in anticipation of an improvement in the rural economy with the country having received optimal monsoon this year. TV Today will benefit on account of all these factors.

Why Ramesh Damani bought Uniply Industries Limited

Uniply Industries Ltd is a manufacturer of plywood and allied products. Its products include Elementz, Platinum ATS Plus, Uniply Gold Club, Uniboard BWP, Uniply Flexible, Unidoor, Ecomate and among others.

There are no research reports available on Uniply Industries Ltd.

All plywood stocks are popular amongst investors owing to the Government’s thrust on housing-for-all, 100-cities, etc and the rapid urbanisation.

Why Ramesh Damani bought DMart (Avenues Supermarts)

Avenue Supermarts (ASL) operates stores under ‘D-Mart’ brand, which is an emerging national supermarket chain, with a core focus on value retailing. ASL offers a wide range of products with focus on food (53% of revenues), FMCG (20% of revenues) and general merchandise & apparel (28% of revenues) product categories. With a network of 118 stores across 45 cities, ASL manages a retail space of 3.6 mn sq ft. The cluster based approach for opening new stores enables ASL to efficiently manage procurement, inventory and logistics costs. ASL believes in operating on an ownership model wherein it focuses on development of stores with area ranging from 10000 square feet (sq ft) to 60000 sq ft. Adopting the low cost model and passing on the benefits to consumers, ASL focuses on profitable growth, maintaining gross margins at 15%. DMart targets densely-populated residential areas with a majority of lower middle, middle and aspiring upper-middle class consumers.

Avenue Supermarts clocked revenue growth at 40% CAGR in FY12-16 to Rs 8588.2 crore whereas net profit grew at 52% CAGR to Rs 320.7 crore in the same period. For the nine months ended December 31, 2016, the company generated operating revenues of Rs 8784 crore and net profit of Rs 393 crore. The company has registered a like to like (LTL) sales growth of 26.1%, 22.4% and 21.5% for FY14, FY15 and FY16, respectively.

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