Porinju Veliyath
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Porinju Veliyath, an Indian investor and fund manager, was born on June 6, 1962. Equity Intelligence India Private Limited is his investment and equity management firm. He handles investor portfolios as well as his own through this organization. He’s been dubbed the “small-cap tsar” by the Economic Times.
Porinju Veliyath comes from poor beginnings. In a village near Thrissur, Kerala, he was born into a lower-middle-class family.
In 1990, he began his career as a floor trader at Kotak Securities. He then joined Parag Parikh Securities in 1994, where he worked as a research analyst as well as managing funds.
He worked for that company until 1999, when he returned to Kochi, Kerala. In 2002, he founded Equity Intelligence India Private Limited, based on the knowledge he gained while working in these securities firms.
The primary focus of the company is Value Investing in Indian home-grown companies and start-ups.
Veliyath is a well-known Twitter influencer with over a million followers. His tweets are primarily focused on finance and current events.
Source: twitter.com
Porinju Veliyath – Biography
| Full Name | Porinju Veliyath |
| Date of Birth | 6th June 1962 |
| Porinju Veliyath Age | 59 |
| Porinju Veliyath Net Worth | > $ 20 Million |
| Place of Birth | Chalakudy, Thrissur, Kerala, India |
| Other Names / Nicknames | Francis, Small-Cap Czar |
| Qualification | Bachelor of Law (LLB) |
| Alma Mater | Government Law College, Ernakulam |
| Investment Principle | Know the fundamentals of the company and the potential of the business in the long term. Do not depend your investments only on the standard blue-chip names. |
| Investment Type | Value Investing |
| porinju veliyath wife | Litty Porinju |
| Children | 2 |
Porinju Veliyath Farmhouse
When finances were tough in 1978, Veliyath sold his home to pay off a loan. After he became one of the country’s wealthiest people, he returned to the same house and converted it into a massive farmhouse with an abundance of flora and animals.
From Olympic-sized swimming pools to orchards, peacocks, and rare birds, the farmhouse has it all.
Veliyath, a nature lover, has put a lot of effort into creating a miniature natural environment within his farmhouse.
Porinju Veliyath Net Worth
At the time of writing in 2021, Veliyaths Porinju net worth is around $21 million that is roughly INR 160 crores.
He has a monthly salary of roughly INR 3 crores and an annual net income of close to INR 20 crores, according to estimates.
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Porinju Veliyath Approach to Investment
In interviews and through these tweets, Porinju Veliyath has stated that he is not afraid to invest in lesser-known companies that promise a strong product or service. He has been committed to this decision since his initial investment.
By examining his investment patterns, it is clear that he does not place a high value on market capitalisation. If he believes the company is doing a good job, that should be enough reason to invest.
His investment technique is similar to Warren Buffet’s, in that he seeks out firms that are undervalued.
If you look over this portfolio, you’ll notice a lot of unusual companies that you won’t find in a typical investor’s portfolio. He has experienced returns of up to 200% in the last few years as a result of these tactics.
Apart from proven winners or blue-chip companies, Proinju Veliyath stated in one of his recent interviews that the biggest opportunity for investment is in the broader market.
The real topic of investment, he says, must be the formalization of the economy. Yet, despite being one of the company’s finest investors, Veliyath’s investments have struggled in recent years, particularly in 2018 and 2019, forcing him to adjust his methods.
Because of their investment strategies and skills, Radhakrishan Damani and Udah Kotak are his investment inspirations.
He started his investment journey with almost zero capital and Veliyath faced bankruptcy three times in his career due to day trading. Following this, he switched to value investing and waited until his trade reaped rewards.
Porinju Veliyath Early Investments
Geojit Financial Services was his first investment when he returned to Kochi in 1999. Others were surprised that I invested in this stock because it was considered a poor penny stock.
Veliyath, on the other hand, trusted his research and intuition and went forward with it. A few months later, that investment had multiplied its value.
After that, he made an unexpected investment in Shreyas Shipping, which paid off handsomely later. He founded his company, Equity Intelligence, with the money he made from these investments.
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Portfolio – Top 5 Investments of Porinju Veliyath
All of these figures are current as of August 2021.
Somany Home Innovation Limited
This is due to his portfolio’s investment in terms of holding value. He owns more than 1.5 million shares of this company, with a holding value of INR 59.6 crores.
Somany Home Innovation is one of the fastest-growing companies in its industry, with three main distribution channels via which it sells its products.
RPSG Ventures Limited
RPSG Ventures is a National Stock Exchange (NSE)-listed IT Service Management company.
Veliyath owns 460,000 shares in this company, with a value of INR 31.3 crores. This fund is held by his company, Equity Intelligence.
Agro Tech Foods Limited
This company is a subsidiary of ConAgra Foods, an American corporation that is one of the world’s largest food corporations.
Customers can purchase culinary goods and ingredients from Agro Tech Foods. Veliyath owns 258,000 shares in this company, with a market value of INR 25.9 crores.
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Gati Limited
It is one of India’s homegrown logistics enterprises, providing logistics, supply chain, and warehousing solutions.
Several businesses and individuals across the country utilize Gati to move things and shipments from one location to another. Veliyath owns 1.25 million shares in the company, valued at INR 19.1 crores.
Orient Bell Limited
This company is listed on the National Stock Exchange and is one of India’s largest tile sellers.
Another of Veliyath’s top and unusual investments has netted him INR 18.6 crores in the form of roughly 549,512 shares.
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Porinju Veliyath – Lessons to Learn
One of the characteristics that distinguishes him from other investors is his straightforward approach to investing. He is not afraid to make unconventional investments, and he acquires this capacity to correctly predict growth by thoroughly examining the company’s fundamentals and the leadership team.
When it comes to stock purchases, he strictly adheres to all SEBI guidelines, and he has stated in numerous interviews that he does not have any proprietary strategies or ideas.
As a result, never write off a firm only on the basis of its current price and growth pace. Analyze the business completely, as well as the management and their projected status in a few years.
When it comes to stock investing, trust your instincts, but improve your knowledge of the market, the firm, and the country from which you are trading.
