Archive · 5 Dec 2025
Sunil Singhania's Stock Picks: Opposite Performances, Common Backing
Sunil Singhania, a well-known investor, has picked two companies with very different financial performances.
Himatsingka Seide Ltd, a textile company, has seen slow sales growth and volatile profits over the past five years.
Despite being associated with big brands, its financials have been unstable.
On the other hand, Denta Water & Infra Solutions Ltd, a water management and infrastructure company, has experienced a significant turnaround with a 186% increase in sales and a 450% increase in EBITDA over the same period.
Both companies have management conviction for future growth and are backed by Singhania.
Investors are watching these stocks to see how they perform in the coming months.
Sunil Singhania, founder of Abakkus Funds, holds stakes in 26 stocks worth Rs 2,575 cr.
Himatsingka Seide Ltd, a textile company, has seen slow sales growth (3% compounded) and volatile profits over the past five years.
Denta Water & Infra Solutions Ltd, a water management company, has experienced a significant turnaround with a 186% increase in sales and a 450% increase in EBITDA over the past five years.
Both companies have management conviction for future growth and are backed by Sunil Singhania.
Investors are watching these stocks to see how they perform in the coming months.
- Who
- Sunil Singhania, founder of Abakkus Funds, and the companies Himatsingka Seide Ltd and Denta Water & Infra Solutions Ltd
- What
- Analysis of two stocks picked by Sunil Singhania with opposite financial performances
- When
- Stakes acquired in the last year, with data up to December 2025
- Where
- India, with a focus on the stock market and financial performance of the companies
- Why
- To highlight Singhania's investment strategy and the contrasting trajectories of the two companies
- Sunil Singhania
- Founder of Abakkus Funds, known for midcap and smallcap stock investments
- Himatsingka Seide Ltd
- Textile company with a market cap of Rs 1,489 cr
- Denta Water & Infra Solutions Ltd
- Water management and infrastructure company with a market cap of Rs 964 cr
- Singhania's Stake in Himatsingka
- 6.8% stake worth Rs 101 cr
- Singhania's Stake in Denta Water
- 1.3% stake worth Rs 12.2 cr
- Himatsingka Sales Growth (FY20-FY25)
- 3% compounded rate
- Denta Water Sales Growth (FY20-FY25)
- 186% compounded rate
- Himatsingka EBITDA Growth (FY20-FY25)
- 4% compounded rate
- Denta Water EBITDA Growth (FY20-FY25)
- 450% compounded rate
- Himatsingka Net Profits (H1FY26)
- Rs 53 cr
- Denta Water Net Profits (H1FY26)
- Rs 38 cr
- Himatsingka Share Price (Dec 2020-Dec 2025)
- Flat growth, Rs 120 to Rs 118
- Denta Water Share Price (Jan 2025-Dec 2025)
- Rs 340 to Rs 360, all-time high Rs 480
- Himatsingka PE Ratio
- 9x (industry median 20x)
- Denta Water PE Ratio
- 15x (industry median 18x)
- Denta Water Order Book (Nov 2025)
- Rs 734 cr
- Denta Water Revenue Targets
- Rs 300 cr (FY26), Rs 375-400 cr (FY27), Rs 500-525 cr (FY28)