MarketsSuper InvestorsAshish Kacholia
AK

Ashish Kacholia

Veteran small-cap investor, often called the Big Whale of Indian markets.

Portfolio value
₹2,367 Cr
Today
₹40.3 Cr -1.67%
Stocks
27
As of
31 Mar 2026
Returns vs NIFTY current basket
1M3M1Y
This portfolio+8.6%+32.3%+18.1%
NIFTY 50-4.0%-4.4%-5.6%
Today’s holdings valued back over each window vs the NIFTY 50. Not a record of actual trades.
Disclosed net worth by quarter
Dec '24Mar '25Jun '25Sept '25Dec '25Mar '26751.4k Cr
Sector allocation
Capital Goods41.7%
Healthcare13.4%
Consumer Durables11.9%
Chemicals9.0%
Services7.0%
Banking3.7%
Unclassified3.7%
Portfolio X-ray
Top-5 weight
49%
Wtd P/E
53.4
Wtd ROE
17.3%
Holdings
27
By market cap
Large 0% Mid 47% Small 49%
Holdings · 27
#CompanySectorStakeValueTodayQ/QP/EROE5Q trend
1SHAILY ENG PLASTICSSHAILY · Capital GoodsCapital Goods3.22%₹454.6 Cr+0.36%83.227%
2Acutaas Chemicals LtdACUTAAS · HealthcareHealthcare1.17%₹317.3 Cr-0.70%NEW37.824%
3Safari Industries (India) LimitedSAFARI · Consumer DurablesConsumer Durables1.84%₹140.9 Cr-4.11%44.416%
4Knowledge Marine & Engineering Works LtdKMEW · ServicesServices2.89%₹133.3 Cr+2.59%29.920%
5Aeroflex Industries LtdAEROFLEX · Capital GoodsCapital Goods2.27%₹121.2 Cr-4.01%92.714%
6MAN INDUSTRIES (I)MANINDS · Capital GoodsCapital Goods3.04%₹114.6 Cr-6.34%21.29%
7Fineotex Chemical LtdFCL · ChemicalsChemicals2.58%₹114.3 Cr-6.48%34.115%
8Xpro India LtdXPROINDIA · Capital GoodsCapital Goods3.91%₹108.3 Cr+0.70%139.53%
9CARYSILCARYSIL · Consumer DurablesConsumer Durables3.52%₹105.5 Cr-4.26%29.717%
10SG Finserve LtdSGFIN · BankingBanking2.34%₹88.1 Cr+0.04%29.510%
11Beta Drugs LimitedBETA5.76%₹87.1 Cr+1.77%
12Balu Forge Industries LtdBALUFORGE · Capital GoodsCapital Goods1.64%₹86.4 Cr-4.73%20.520%
13Faze Three Ltd-$FAZE3Q · TextilesTextiles5.42%₹73.1 Cr+1.33%39.38%
14Yasho Industries LtdYASHO · ChemicalsChemicals2.27%₹67.8 Cr+0.08%1.54pp118.66%
15Zaggle Prepaid Ocean Services LtdZAGGLE · Information TechnologyInformation Technology2.23%₹58.8 Cr-2.49%18.610%
16Advait Energy Transitions LtdADVAIT · Capital GoodsCapital Goods1.83%₹42.9 Cr-1.66%0.20pp41.524%
17Stove Kraft LtdSTOVEKRAFT · Consumer DurablesConsumer Durables1.74%₹36.3 Cr-3.13%49.09%
18NIIT Learning Systems LtdNIITMTS · Consumer ServicesConsumer Services1.14%₹35 Cr-1.70%NEW2.418%
19Awfis Space Solutions LtdAWFIS · ServicesServices1.55%₹32.7 Cr-5.68%NEW29.114%
20Agarwal Industrial Corporation LtdAGARIND · ChemicalsChemicals4.33%₹30.7 Cr-7.73%15.07%
21Vikran Engineering LtdVIKRAN · ConstructionConstruction1.52%₹27 Cr-2.19%1.97%
22Walchandnagar Industries LtdWALCHANNAG · Capital GoodsCapital Goods1.54%₹25.1 Cr-0.77%0.52pp-4%
23Asian Energy Services LtdASIANENE · Oil, Gas & Consumable FuelsOil, Gas & Consumable Fuels1.18%₹21.7 Cr-1.31%NEW31.712%
24JYOTI STRUCTURESJYOTISTRUC · Capital GoodsCapital Goods1.43%₹21.5 Cr-3.36%NEW27.011%
25GUJ. APOLLO IND.GUJAPOLLO · Capital GoodsCapital Goods2.29%₹11.3 Cr-1.83%82.61%
26Thomas Scott (India) LtdTHOMASCOTT · TextilesTextiles2.10%₹7.8 Cr+0.00%19.716%
27Brand Concepts LtdBCONCEPTS · Consumer ServicesConsumer Services1.44%₹3.4 Cr-1.22%207.81%
Stake history by quarter (%) increased trimmed
CompanyMar '26Dec '25Sept '25Jun '25Mar '25Dec '24
SHAILY ENG PLASTICS3.223.223.223.22··
Acutaas Chemicals Ltd···1.17··
Safari Industries (India) Limited1.841.841.841.84··
Knowledge Marine & Engineering Works Ltd2.892.892.782.78··
Aeroflex Industries Ltd2.272.011.991.99··
MAN INDUSTRIES (I)3.043.043.04···
Fineotex Chemical Ltd2.582.592.622.74··
Xpro India Ltd3.913.913.914.12··
CARYSIL3.523.523.523.523.523.52
SG Finserve Ltd2.371.141.14···
Beta Drugs Limited5.765.785.785.78··
Balu Forge Industries Ltd1.641.641.641.64··
Faze Three Ltd-$5.425.425.425.42··
Yasho Industries Ltd2.273.813.853.86··
Zaggle Prepaid Ocean Services Ltd2.232.232.242.24··
Advait Energy Transitions Ltd1.832.06····
Stove Kraft Ltd1.741.741.741.74··
NIIT Learning Systems Ltd···1.14··

Holdings are the latest disclosed stake per company (above 1%), from public shareholding filings; value = disclosed shares × latest market price, so it moves daily with the market while share counts update each quarter. “Q/Q” and the grid compare against prior quarters (pp = percentage points). Name variants of the same investor are merged. For information only - not investment advice.