9 months ago
India's Hidden Value Investor Achieves 800% Returns
Ricky Kriplani, a value investor with over 30 years of experience, has achieved over 800% returns on three stocks held for nearly a decade.
Kriplani, the founder of First Water Capital, focuses on Indian equities, believing in the country's growth potential.
His portfolio includes Kama Holdings, Nalwa Sons, and Uflex Ltd.
Kama Holdings, a core investment company, has seen significant growth in sales and EBITDA, though net profits have grown modestly.
Nalwa Sons, part of the O.P. Jindal Group, has shown strong financial performance with high EBITDA growth.
Uflex Ltd, a packaging company, has had fluctuating profits but is expected to benefit from GST rationalization.
Kriplani's strategy involves holding stocks for the long term, trusting in their potential for sustained growth.
Ricky Kriplani, founder of First Water Capital, has achieved over 800% returns on three stocks held for nearly a decade.
His portfolio includes Kama Holdings, Nalwa Sons, and Uflex Ltd, with a total value of over Rs 630 cr.
Kama Holdings has seen a 950% increase in share price over the past decade, with strong sales and EBITDA growth.
Nalwa Sons has shown a 835% increase in share price, with significant EBITDA and net profit growth.
Uflex Ltd has had fluctuating profits but is expected to benefit from GST rationalization and consumption revival.
- Who
- Ricky Kriplani, founder and CIO of First Water Capital
- What
- Achieved over 800% returns on three stocks held for a decade
- Where
- India
- When
- Stocks held for approximately 10 years
- Why
- Value investment strategy focusing on long-term growth
Key facts
- Investor
- Ricky Kriplani
- Fund
- First Water Capital
- Portfolio Value
- Rs 630 cr
- Holding Period
- 10 years
- Number of Stocks
- 3
- Kama Holdings Stake
- 4.7%
- Nalwa Sons Stake
- 3%
- Uflex Ltd Stake
- 3.5%
Quotes
Ashok Chaturvedi
Chairman and Managing Director of Uflex Ltd
“Q2 FY26 was marked by tariff disruptions, GST transition, and a prolonged monsoon, which had an impact on operations. However, on a positive note, the tariff issues are likely to be settled soon, and GST rationalization will significantly boost consumption, which is positive for the industry, and will be a strong growth catalyst going forward. With the headwinds behind us, we strongly believe that the business is set for strong growth, and our ongoing capacity expansion programs will set the tone for positive momentum.”
financialexpress.com
