Alpha-K Research

Capital Group Fund Manager, Robert Kirby, narrated an incident involving his client’s husband. The man had purchased stocks recommended by Kirby but, unlike Kirby, did not sell anything from the portfolio. This process (of buying when Kirby bought but not selling thereafter) led to enormous wealth creation for the client over a period of about ten years. The wealth creation was mainly on account of one position transforming to a jumbo holding worth over US$800,000, which came from a zillion shares of Xerox. And thus, the coffee can investing model was born - akin to leaving your investments untouched for a large period of time in a "coffee can". In India, Saurabh Mukherjea is a key proponent of coffee can investing in his book "Coffee Can Investing". He sets up 2 simple criteria for picking his portfolio - Return on Capital of 15% and Revenue Growth of 10% year-on-year for the last 10 years. It's a really good read with back tested models and thorough analysis.

by Alpha-K Research

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S.No. Name CMP Rs. P/E Mar Cap Rs.Cr. Div Yld % NP Qtr Rs.Cr. Qtr Profit Var % Sales Qtr Rs.Cr. Qtr Sales Var % ROCE % Sales Var 10Yrs % Sales Var 7Yrs % Sales Var 5Yrs %
1. Tips Music 685.0052.578756.461.0230.6118.8378.4924.08112.4411.7430.7827.84
2. Waaree Renewab. 1031.0046.2210747.820.1093.8988.79476.5274.4084.91134.33176.28281.38
3. Shilchar Tech. 6007.7546.806872.990.1455.36121.26231.86119.9271.1019.3932.3654.29
4. Cams Services 4262.1047.7821071.861.09106.089.41336.4417.2057.2113.6311.9315.06
5. Swaraj Engines 3954.6028.944803.842.6445.4229.11454.1629.4156.5812.0411.7816.81
6. Shakti Pumps 939.8027.6611297.390.07110.2322.93665.329.2055.3123.8428.5045.73
7. Jyoti Resins 1356.7522.041628.100.6619.785.3878.6110.3549.9926.9526.8031.04
8. Triveni Turbine 591.7552.6618810.370.4494.6023.55538.0017.4444.2211.9115.0619.65
9. BSE 2933.2090.45119125.780.20493.67364.43916.9770.0943.5418.5924.9439.61
10. HDFC AMC 5087.5044.22108826.481.77638.7318.05901.2229.5943.3314.3911.6713.77
11. Mazagon Dock 3404.7056.90137338.790.43325.29-50.933174.412.2843.1712.2314.4018.44
12. K.P. Energy 543.6531.443625.600.0945.7983.90401.2093.5742.3042.6448.2665.78
13. Fluidomat 1069.6023.73527.310.516.3953.9820.9533.8742.1610.0217.1523.14
14. C D S L 1776.0070.5237118.400.53100.40-22.40224.45-6.7841.9326.2228.4436.89
15. Frontier Springs 4047.6046.011594.750.0411.66130.8970.0858.7741.8320.8921.6418.29
S.No. Name CMP Rs. P/E Mar Cap Rs.Cr. Div Yld % NP Qtr Rs.Cr. Qtr Profit Var % Sales Qtr Rs.Cr. Qtr Sales Var % ROCE % Sales Var 10Yrs % Sales Var 7Yrs % Sales Var 5Yrs %
16. Tanfac Inds. 3133.0535.453125.220.2222.7479.48171.9567.2541.5716.6019.3127.58
17. MPS 2650.3031.374533.552.8347.0748.31182.1121.8841.4212.5015.3816.99
18. Action Const.Eq. 1242.4036.1514794.900.16118.5620.44960.9914.9740.2818.7017.3423.54
19. Dixon Technolog. 14855.00115.9389791.960.03464.95138.1010292.54120.9739.8141.5745.3054.60
20. Dynacons Sys. 1095.4019.251393.930.0518.1727.15330.6117.1339.1528.2929.2131.03
21. Bharat Electron 390.7053.67285593.060.562127.0218.399149.596.8438.9912.8512.5312.88
22. Benares Hotels 9974.4029.981296.670.2516.0538.4849.1238.0637.3311.1316.1816.31
23. Garden Reach Sh. 3252.2070.6437254.600.29244.25118.861642.0461.6637.2812.5120.8728.78
24. RMC Switchgears 815.0027.31857.930.0221.16209.81211.52148.2337.1921.4721.0539.73
25. Avantel 171.3775.784540.650.127.36-43.7349.1417.8137.0325.6825.1436.77

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