India: A coffee can journey
With each trip to India, I find myself completely captivated by the country’s dynamic pace and remarkable growth. Adjusting to the country's whirlwind lifestyle takes me about a week after battling jet lag and immersing myself into the rhythm of the nation. The reality of India's growth hits me hard, leaving me in awe of its tangible progress. This growth is fueled by a young and aspiring middle-class population eager for advancement. While the disparities between the privileged and the underprivileged are undeniably evident, there is an undeniable rise in the number of people aspiring for growth.
During my last visit to India, I initiated a "coffee can portfolio" as a means of investing in India’s growth story. The idea behind this approach is to invest in companies with solid fundamentals and hold onto them for an extended period, allowing their growth to compound over time. My strategy has yielded fruitful results thus far, with returns slightly outperforming the market. Over the past year, I've achieved a 26% return on my investments, and I firmly believe that many of these companies will evolve into significant growth stories.
So, what gems are nestled within my coffee can portfolio? Let me shed some light on them:
Delhivery: This logistics and supply chain management company has been a standout performer, capitalizing on India's booming e-commerce industry. Their efficient delivery network and strategic partnerships have positioned them for sustained growth.
EaseMyTrip: As the travel and tourism sector rebounds, EaseMyTrip, an online travel platform, has emerged as a key player. Their user-friendly interface and comprehensive offerings have fueled their success in the rapidly growing Indian travel market.
Titan: A trusted name in the watch and jewelry industry, Titan has consistently maintained its position as a market leader. Their innovative designs, coupled with a robust distribution network, have solidified their presence in both domestic and international markets.
Kitex: A leading manufacturer of children's apparel, Kitex has garnered attention for its commitment to sustainability and ethical practices. Their high-quality products and strong brand recognition have propelled their growth trajectory.
Sasken: A technology solutions provider specializing in embedded systems and product engineering, Sasken has been at the forefront of innovation. Their expertise in various sectors, including automotive, industrial, and healthcare, has driven their expansion and success.
Divislab: This pharmaceutical company has carved a niche in the specialty chemicals and active pharmaceutical ingredients (APIs) market. Their focus on research and development, along with a robust manufacturing setup, has positioned them for substantial growth.
Anthony Waste Holding Management: In the burgeoning waste management sector, Anthony Waste has emerged as a leading player. Their commitment to sustainable practices and efficient waste management solutions has earned them recognition and growth opportunities.
Asian Paints: A household name in the paints and coatings industry, Asian Paints continues to dominate the market with its diverse product portfolio and strong brand presence. Their innovation and adaptability have allowed them to maintain their leadership position effectively.
Infosys: A global leader in IT services and consulting, Infosys has consistently delivered exceptional results. Their expertise in digital transformation and a skilled workforce have kept them at the forefront of the ever-evolving technology landscape.
Emami: A diversified conglomerate with a presence in various sectors such as healthcare, personal care, and FMCG, Emami has been on a growth trajectory. Their strong brand portfolio and effective marketing strategies have contributed to their success.
Among my portfolio, Kitex, Sasken, and Anthony Waste Management have been standout performers. Interestingly, even before departing India 25 years ago, I had a deep understanding of the first two companies. Picks like Asain Paints, Titan, and Divislabs have been giving a solid foundation to my portfolio as well. Delhivery and EaseMyTrip are targeted right at the heart of the rising Indian consumer.
The Indian growth story is truly remarkable, and my coffee can portfolio is a testament to the country's potential. By investing in companies with strong fundamentals and a clear vision, I am confident that I am on track to benefit from India's continued growth and transformation.
