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Vijay Kedia stocks that reported up to 5086% increase in net profits in the June Qtr

Vijay Kishanlal Kedia is an Indian ace investor who started investing in the stock market at an early age. While speaking about his investment strategy, he said: “One should scout for companies which have good management… Find a very good management, a very honest management and see the product in which the management is going to grow, going to 

outperform its peers and the economy… invest in those companies for the next 10–15 years, and you cannot go wrong.” 

Here are a few companies from his portfolio that witnessed up to a 5086% increase in their net profit on a year-on-year basis: 

Neuland Laboratories Ltd. 

Neuland Laboratories is engaged in the manufacturing and selling of bulk drugs and caters to both domestic and international markets. 

The company’s net profit increased by 520.66% to ₹ 61.88 crores in the June quarter of FY 2023-24, as compared to ₹ 9.97 crores in the June quarter of FY 2022-23. 

As per the latest shareholding pattern, ace investor Vijay Kedia Holds 1,60,000 shares or a 1.25% stake in the company through Kedia Securities Private Ltd. 

Repro India Ltd. 

Repro India is engaged in providing print solutions which include value engineering, creative designing, pre-press, printing, knitting and assembly and other services across the printing value chain. 

The company’s net profit increased by 1688.24% to ₹ 3.04 crores in the June quarter of FY 2023-24, as compared to ₹ 0.17 crores in the June quarter of FY 2022-23. 

As per the latest shareholding pattern, Vijay Kedia holds 10,00,000 shares or a 1.44% stake in the company. 

Sudarshan Chemical Industries Ltd. 

Sudarshan Chemical Industries manufactures and sells a wide range of organic and inorganic pigments, effective pigments. The group also manufactures pollution control equipment, size reduction equipment and grinding equipment for industrial applications. 

The company’s net profit increased by a massive 3670.62% to ₹ 266.96 crores in the June quarter of FY 2023-24, as compared to ₹ 7.08 crores in the June quarter of FY 2022-23. 

Vijay Kedia holds 9,06,491 shares or a 6.84% stake in the company, as per the latest shareholding pattern.

Innovators Facade Systems Ltd. 

Innovators Facade Systems is engaged in the business of design, engineering, fabrication, supply and installation of facade systems. 

The company’s net profit increased by a whopping 5085.71% to ₹ 7.26 crores in the March quarter of FY23, as compared to ₹ 0.14 crores in the March quarter of FY22. The company is yet to announce its results for the June quarter of FY24. 

Vijay Kedia holds 20,10,632 shares or a 10.66% stake in the company, as per its latest shareholding pattern. 

Written by Simran Bafna 

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