Multibagger update: This Ashish Kacholia stock is outperforming markets; do you own it?

The shares of this company have generated splendid returns for the investors over the years. The scrip surged 269.30 per cent in just one year. Also, if one had invested Rs 1 lakh in this company five years ago, he/she would have received Rs 15.86 lakh!! 

One of the most-talented Indian investors, Ashish Kacholia, known as the ‘big whale’ or ‘the king of Small-Cap stocks’ in India has raised his shareholding in the shares of BSE-listed Yasho Industries Limited to 2.60 per cent from 2.55 per cent in the company during April to June 2022 quarter.  

As per the shareholding pattern of Yasho Industries for the recently-ended June 2022 quarter, Ashish Kacholia holds 2,96,322 shares, which is 2.60 per cent of the total paid-up capital of BSE-listed company.  

Yasho Industries Ltd is a manufacturer of speciality chemicals, food antioxidants, aroma chemicals, rubber accelerators, and lubricant additives. The chemicals produced by the company include a range of aromas, food antioxidants, rubber & lubricant additives, and specialities. The company has two manufacturing units located in Vapi (Gujarat). Yasho Industries markets, sells & distributes its products to diverse customers based in India and abroad. Over 53 per cent of the company’s revenue comes from export. The company's products are exported to countries like the USA, South America, Europe, Iran, Australia, South Africa, Singapore, Germany, Asia, etc. 

The market cap of the company is Rs 1,854 crore with a promoter holding of 71.5 per cent. The net sales for the quarter Q4FY22 grew by 69.8 per cent and were recorded at Rs 182.46 crore as compared to Rs 107.44 crore in Q4FY21. The operating profit in Q4FY22 was Rs 27.76 crore as compared to Rs 19.15 crore in Q4FY21, an increase of 44.93 per cent. The net profit rose by 46.26 per cent in Q4FY22 to Rs 13.32 crore as opposed to Q4FY21, which stood at Rs 9.11 crore. The annual performance of net sales stood at Rs 612.66 crore in FY22, scaling up by 70.45 per cent. Also, the operating profit increased in FY21 by 74.82 per cent to Rs 103.30 crore as opposed to Rs 59.09 crore in FY21. The net profit stood at Rs 52.29 crore in FY21 as compared to Rs 21.48 crore in FY21, recording a phenomenal jump of 143.44 per cent.  

The shares of this company have generated splendid returns for the investors over the years. The scrip surged 269.30 per cent in just one year. 

Also, if one had invested Rs 1 lakh in this company five years ago, he/she would have received Rs 15.86 lakh! 

The shares of Yasho Industries ended higher by 4.44 per cent to Rs 1,600.55 on BSE today.