Vijay Kedia Portfolio 2025: Latest Holdings, Strategy & Analysis

The Indian stock market has its share of individuals who have made a name for themselves through their intelligence and patience, and Vijay Kedia is one of them. Coming from a humble background, Kedia started from very small beginnings, but through hard work and sound judgment, he is now considered one of the country’s most renowned investors. His portfolio is now worth approximately ₹1,400 crore. In this blog, we will discuss his investment strategies, his favorite companies, and the lessons that every investor can learn from him.

In this blog, we will uncover the ideas, strategies, and experiences that turned Vijay Kedia into one of India’s most respected long-term investors.

Vijay Kedia Portfolio 2025

Vijay Kedia’s 2025 portfolio reflects his signature investing style—backing high-quality, scalable businesses with strong management and long-term growth potential.

Portfolio Stocks	Market Cap (₹ Cr)	Holding (%)	Current Price (₹)	1Y Return (%)
Atul Auto Ltd	1,273	20.91	459	-17.04%
Neuland Laboratories Ltd	21,567	1.01	16,792	12.64%
Elecon Engineering Company Ltd	11,996	1.09	534	-6.72%
TAC Infosec Ltd	1,768	14.60	844	122.79%
Sudarshan Chemical Industries Ltd	8,134	1.41	1,035	2.79%
Vaibhav Global Ltd	4,127	2.03	247	-9.17%
Yatharth Hospital	7,307	1.31	758	25.17%
Mahindra Holidays & Resorts India Ltd	6,832	1.00	338	-5.29%
Repro India Ltd	749	6.33	523	2.33%
Innovators Facade Systems Ltd	305	10.66	387	11.71%
Siyaram Silk Mills Ltd	3,509	1.00	774	8.71%
TechD Cybersecurity	1,682	3.15	177	-43.63%
Om Infra Ltd	1,074	2.49	112	-22.32%
Affordable Robotic & Automation Ltd	223	9.93	251	-65.24%
Global Vectra Helicorp Ltd	201	5.07	281	-14.10%

Vijay Kedia Portfolio 2025 – Sector-wise Breakdown

Sector	Equity (%)
Engineering	13%
Auto (2 & 3 Wheelers)	7%
Textiles (Weaving)	7%
Construction & Contracting (Civil)	7%
Auto Ancillaries	7%
Hotels	7%
Telecommunications (Equipment)	7%
Engineering (Heavy)	7%
Dyes & Pigments	7%
Printing & Stationery	7%
Pharmaceuticals	7%
Retail	7%
Transport & Logistics	7%
IT Services & Consulting	7%

Key Performance Indicators (KPIs) of Vijay Kedia Portfolio 

The key performance metrics of Vijay Kedia Portfolio Stocks are mentioned below:

Company	Operating Margin (%)	Net Profit Margin (%)	ROE (%)	ROCE (%)	Debt to Equity
Neuland Laboratories Ltd	18.83	17.61	17.06	16.23	0.09
Elecon Engineering Company Ltd	24.33	18.27	20.76	24.71	0.00
Tejas Networks Ltd	10.64	5.00	11.60	22.44	0.85
Sudarshan Chemical Industries Ltd	7.41	1.71	1.62	3.64	0.61
Mahindra Holidays & Resorts India Ltd	12.29	4.56	-46.14	3.92	-3.57
Vaibhav Global Ltd	6.36	4.53	11.36	14.78	0.08
Siyaram Silk Mills Ltd	13.10	8.87	15.36	20.65	0.18
Precision Camshafts Ltd	6.51	6.25	6.82	6.80	0.12
TAC Infosec Ltd	59.25	55.72	24.27	25.73	0.03
Atul Auto Ltd	5.09	2.53	4.90	6.94	0.25
Om Infra Ltd	7.09	5.04	4.81	6.03	0.10
Innovators Facade Systems Ltd	13.81	7.12	11.04	19.64	0.42
Global Vectra Helicorp Ltd	6.68	-0.11	-3.05	10.71	4.79
Affordable Robotic & Automation Ltd	-2.60	-7.16	-11.56	-3.36	0.55

About Vijay Kedia

Vijay Kedia is a well-known Indian investor, whose name is synonymous with “multibagger stocks.” He was born in 1959 in Kolkata. He developed a passion for the stock market at a young age. He started trading at just 19 years old, but initially suffered significant losses. He learned from his mistakes and gradually made long-term investing his main focus.

Today, Vijay Kedia is one of India’s top value investors. He has generated huge returns by investing in stocks like Atul Auto, Cera Sanitaryware, and Sudarshan Chemical at an early stage. He believes that money is made in the market only when you have patience and wait for the growth of good companies.

Kedia’s philosophy is simple honest management, a scalable business, and a long-term vision. This approach has made him a successful and respected investor.

Detail	Information
Full Name	Vijay Kishanlal Kedia
Year of Birth	1959
Place of Birth	Kolkata, West Bengal, India
Education	Graduate in Commerce
Profession	Investor, Trader, and Entrepreneur
Famous For	One of India’s most successful value investors and multibagger stock pickers
Investment Firm	Kedia Securities Pvt. Ltd.
Investment Philosophy	SMILE Model Small in size, Medium in experience, Large in aspiration, Extra-large in opportunity

How Vijay Kedia Identifies Multibagger Stocks

Long-Term Vision : Vijay Kedia always prioritizes long-term investments. He believes that a company’s true potential unfolds over time, so patience is crucial rather than seeking quick profits. He says, “Waiting patiently in the right company is where the real money is made.”

SMILE Model : Vijay Kedia’s entire strategy is based on his famous SMILE model. It emphasizes four key points:

• S – Small in Size : Choosing small but fast-growing companies.
• M – Medium in Experience: The management team should have several years of solid experience.
• L – Large in Aspiration: The company should have a strong desire to think big and grow.
• E – Extra-large in Market Potential: The sector in which the company operates should have significant growth opportunities.

This model shows that Vijay Kedia doesn’t just look at small companies, but trusts in their future potential and the management’s vision.

Trust in Management : Kedia believes that the real strength of any company lies in its management. He invests in businesses with honest, transparent, and passionate leadership. According to him, “If the management is good, the company can navigate even difficult situations.”

Focus on Emerging Sectors : He is always on the lookout for sectors that are likely to grow rapidly in the coming years. In recent years, he has increased his investments in sectors like chemicals, manufacturing, and financial services. He believes that these sectors will play a major role in India’s growth story.

Control Over Emotions : Vijay Kedia believes that the most difficult thing in investing is controlling one’s emotions. He always makes decisions based on data and logic, not on fear or greed.

Key Lessons for Retail Investors from Vijay Kedia’s Portfolio

Finding Big Opportunities in Small Companies : Vijay Kedia always chooses companies that are currently small but have the potential for future growth. He says, “If a small company is moving in the right direction, it will eventually become a multibagger.” Retail investors can also benefit in the long term by keeping an eye on steadily growing companies.

Trust in Good Management : A company’s true strength lies in its management. If the team is honest and passionate about their work, the company can weather even difficult situations. Therefore, before investing, always check who is running the company.

Invest with a Long-Term Perspective : Kedia believes that real wealth in the stock market is created over time. If the company is good, give it time to grow. Patience is more important than getting worried about daily fluctuations.

Don’t Be Afraid of Downturns : The market doesn’t always go up. Downturns are a part of every investment. Kedia says, “Investors who sell out of fear miss out on real opportunities.” As long as the company’s fundamentals are strong, it’s wise to remain calm.

Keep an Eye on Growing Sectors : He always chooses sectors that are linked to the country’s development – ​​such as chemicals, manufacturing, and financial services. Retail investors can also look for growth opportunities in these sectors.

Do Your Own Research : It’s better to invest based on your own understanding than to blindly follow big investors. Kedia also says, “If you haven’t done your own research, fear or greed will force you to make wrong decisions.”

Common Misconceptions About Vijay Kedia’s Portfolio

Myth 1: If we copy Vijay Kedia’s portfolio, we will get the same returns.

Reality: Everyone has different thinking, risk tolerance, and investment time horizons. Understanding his strategy is good, but blindly copying it would be wrong.

Myth 2: All the stocks he chooses are always safe.

Reality: Kedia often invests in small and mid-cap companies. These have higher growth potential, but also carry higher risk.

Myth 3: He never sells his stocks.

Reality: If he feels that a company’s situation is weakening or its fundamentals are changing, he exits the position in a timely manner.

Myth 4: His multibagger stocks are created purely by luck.

Reality: Every position he takes is a result of research, experience, and patience. It’s not luck, but understanding and hard work that are his strengths.

Myth 5: He only invests in large companies.

Reality: His specialty is identifying those small companies that have the potential to become big in the future.

Conclusion

Vijay Kedia’s story shows that money is made in the stock market only when one is patient and trusts their own judgment. He consistently chose companies with clear business models and strong growth potential. His philosophy is clearly focused on building wealth steadily rather than trying to get rich quickly.