Ranvir’s Portfolio

Posting my current portfolio breakdown ( I know … the number of stocks are way too many ) – however, I believe that I am currently in a stage / age where I need to maximise my learning by reading up ( and tracking ) about as many companies as I can even if I have to sacrifice a few percentage points on returns.

Healthcare and Pharma –

Advanced Enzymes – 0.5 pc
Alkem Labs – 1.16 pc
Ajanta Pharma – 0.76 pc
Alembic Pharma – 0.33 pc
Aarti Pharmalabs – 1.05 pc
Ami Organics – 0.8 pc
Cipla – 1.68 pc
Zydus Lifesciences – 1.40 pc
Dr Reddy Labs – 1.24 pc
Eris Lifesciences – 2.69 pc
FDC – 0.47 pc
Glenmark Life – 1.30
Glenmark Pharma – 1.01 pc
Innova Captab – 1.31 pc
Indraprastha Medical – 0.54 pc
JB Chemicals – 1.32 pc
Kopran – 0.84 pc
Abbott India – 0.43 pc
Laurus Labs – 0.75 pc
MANKIND PHARMA – 0.83 pc
Neuland Labs – 6.98 pc
Piramal Pharma – 1.48 pc
Rpg Lifesciences – 1.21 pc
Shalby Ltd – 0.64 pc
Supriya Lifesciences – 2.44 pc
Sun Pharma – 1.09 pc
Star Health – 0.24 pc
Wockhardt – 1.22 pc
Windlas Bio – 0.81 pc
Yatharth Hospitals – 0.67 pc

Financials –

ABSL AMC – 0.58 pc
HDFC AMC – 1.37 pc
NIPPON Life AMC – 2.11 pc

Bajaj Finserv – 1.67 pc
Chola Investment and Fin – 1.95 pc
IIFL Finance – 0.88 pc

Karur Vysya Bank – 1.64 pc
Federal Bank – 1.04 pc
Kotak Bank – 1.51 pc
Axis Bank – 0.95 pc

Agri Inputs –

Dhanuka Agritech – 1.97 pc
Insecticides India – 0.64 pc
Godrej Agrovet – 0.86 pc

Building Materials –

Cera Sanitaryware – 1.10 pc
Prince Pipes – 0.56 pc
Carysil – 0.32

Retailers –

Electronics Mart – 1.56 pc
Aditya Vision – 1.12 pc
Senco Gold – 0.81 pc

MISC + Manufacturing –

Garware Hi Tech – 1.65 pc
Time Technoplast – 1.27 pc
Technocraft Industries – 1.45 pc
XPRO ltd – 1.13 pc
Shaily Engineering – 0.99 pc
SG Mart – 0.51 pc
Mayur Uniquoters – 0.53 pc
Updater Services – 0.85 pc
Usha Martin – 1.48 pc

Metals and Mining –

Hindustan Zinc – 0.81 pc

Hospitality –

Benares Hotels – 1.46 pc
EIH ltd – 1.75 pc
Kamat Hotels – 1.23 pc
Royal Orchid – 1.05 pc
SAMHI Hotels – 0.80 pc
TAJ GVK – 0.73 pc
Wonderla Holidays – 0.99 pc

FMCG –

ADF Foods – 1.56 pc
Zydus Wellness – 1.45 pc
Dodla Dairy – 1.32 pc
Dabur India – 0.54 pc
Emami – 0.68 pc

There was a steep runup in some of my portfolio holdings in the last 1-2 months because of which I reduced their portfolio weights. These include –

MANKIND PHARMA
RPG Lifesciences
Piramal Pharma
Senco Gold ( additional reason in case of Senco Gold was industry wide pressure on stud ratios because of falling demand for natural daimonds )
Windlas Bio
Innova Captab
Ami Organics

Prince Pipes, Kamat Hotels and Royal Orchid Hotels continue to be laggards. I am hopeful of good recovery in both Kamat and Royal Orchid Hotels ( going by Q2 trends ). Price Pipes may be in for extended pain because of increased aggression from Mkt leader – Supreme Industries

I continue to be bullish on Indian CDMO + API companies – because of the American Biosecure Act and the China + 1 effect playing out in this sector

Dabur and Emami are recent opportunistic bets – anticipating a bottoming out of consumption cycle ( as Govt spending accelerates in Q3, Q4 )