Sunil Singhania Net Worth In 2024!

Sunil Singhania has an impressive track record in stock market which is also publicly available. Today we will read about Sunil Singhania Net Worth, his bussiness ventures, investment journey, portfolio and also his investment phillosophy!

Who Is Sunil Singhania?

There is a lot of information out there about Sunil Singhania’s great track record as an investor in the Indian stock market. Sunil got his bachelor’s degree in business from Bombay University and his chartered accountancy degree from the ICAI in Delhi, where he got the highest rank in the whole of India. He also has the Chartered Financial Analyst qualifications from the CFA Institute. We’ll look at Sunil Singhania’s portfolio, net worth, way of spending, and more.

Sunil was the founder of the group of stockbrokers called The Association of NSE Members of India. He also served for 6 years on the Standards and Practice Council of the CFA Institute, USA. For eight years in a row, Sunil was head of the Indian Association of Investment Professionals (the CFA India Society), which he had helped to start.

Sunil Singhania’s Investment Journey

Since 2018, Sunil Singhania has been the founder of Abakkus Asset Manager LLP, an asset management company that focuses on India. He previously used to work at Reliance Capital Limited as Global Head of Equities. He was in charge of equity assets and gave strategy advice to all of the companies in the Reliance Capital Group, such as asset management, insurance, AIF, and offshore assets. He was in charge of making sure that the equity schemes at Reliance Mutual Fund (now Nippon India Mutual Fund) were ranked as some of the best. Under his direction, Reliance Growth Fund grew by more than 100 times in less than 22 years.

He also oversaw Reliance Nippon Life Asset Management’s foreign activities and helped open India funds in Japan, South Korea, and the UK. In addition, he was in charge of institutional investors’ requests from the US, Singapore, and other places.

Sunil Singhania Market Portfolio & Top Holdings

Sunil Singhania Portfolio
CompanyShares heldStock price (INR)Value (INR crore)
Mastek Ltd.968,3252,680.00259.5
Route Mobile Ltd.1,536,4501,533.25235.6
Shriram Pistons & Rings Ltd.1,000,0002,049.00204.9
Dynamatic Technologies Ltd.199,7288,335.15166.5
Sarda Energy & Minerals Ltd.7,458,629223.00166.3
Ion Exchange (India) Ltd.2,929,860541.90158.8
Carysil Ltd.1,544,474935.95144.6
IIFL Securities Ltd.10,213,424139.50142.5
Technocraft Industries (India) Ltd.618,0242,249.00139.0
Jubilant Pharmova Ltd.1,909,849666.50127.3
Hindware Home Innovation Ltd.3,218,841394.00126.8
The Anup Engineering Ltd.378,6853,333.95126.3
J Kumar Infraprojects Ltd.1,995,465622.45124.2
HG Infra Engineering Ltd.936,7231,022.0095.7
Rupa & Company Ltd.3,335,000261.0587.1
Ethos Ltd.302,6632,350.0071.1
Stylam Industries Ltd.423,7901,669.0070.7
HIL Ltd.242,0002,673.0564.7
Uniparts India Ltd.989,500548.9554.3
DCM Shriram Industries Ltd.2,490,000192.8048.0
PSP Projects Ltd.545,000679.0037.0
ADF Foods Ltd.1,686,435212.8035.9
Siyaram Silk Mills Ltd.722,654474.1534.3
EMS Ltd.747,940431.9532.3
TTK Healthcare Ltd.159,5851,538.9024.6
Updated as of December 03, 2023!

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Sunil Singhania’s Investment Philosophy

The MEETS framework serves as the foundation for Sunil Singhania’s portfolio. Management, Earnings, Events or Trends, Timing, and Structure comprise the acronym MEETS. In this section, the philosophy’s individual components are explained in detail.

Management –

  • Quality – Proven track record and capability
  • Capital Allocation – capex is permissible provided that ROE is maintained or improved.
  • Capital Distribution: Equitable for Minority Shareholders
  • Decisional error: Intentional mishaps versus business blunders

Earnings –

  • Earnings quality in comparison to reported figures
  • Actual earnings in comparison to anticipated earnings
  • Structural earnings versus cyclical earnings
  • Companies that have the potential to double their profits in four years or less or whose EV/EBITDA ratio can be reduced by half in four years

Events –

  • Stock fluctuations as a result of events
  • There is the potential for a buy or sell opportunity.
  • Upcoming events
  • New themes/disruptive tendencies

Timings –

  • A company that is well-regarded may not be a wise investment if the price is not appropriate.
  • For what pricing is the discount applied?
  • Timeframe for investment
  • Mean Reversion

Structure –

  • The magnitude of the opportunity
  • MOAT/competitive positioning
  • Steady increase in revenues

Sunil Singhania’s Net Worth

Sunil Singhania

Sunil Singhania’s net worth from equity investments was approximately INR 2,777.8 crore, as indicated by corporate reports filed for the March 2024 quarter. It goes without saying that this net worth is subject to fluctuation in accordance with stock price fluctuations.

Sunil Singhania’s net worth, which was primarily allocated to 25 equities, had an average shareholding of INR 111.1 crore as of the date of this article.

FAQs

Q. Who is Sunil Singhania?

Sunil Singhania is a prominent Indian stock market investor with an impressive track record. He holds a bachelor’s degree in business from Bombay University, a chartered accountancy degree from the ICAI in Delhi, and a Chartered Financial Analyst qualification from the CFA Institute.

Q. What are Sunil Singhania’s educational qualifications?

Sunil Singhania earned his bachelor’s degree in business from Bombay University, a chartered accountancy degree from the ICAI in Delhi (where he achieved the highest rank in India), and a Chartered Financial Analyst qualification from the CFA Institute.

Q. What are some of Sunil Singhania’s top holdings?

Some of Sunil Singhania’s top holdings include Mastek Ltd., Route Mobile Ltd., Shriram Pistons & Rings Ltd., Dynamatic Technologies Ltd., and Sarda Energy & Minerals Ltd., among others.

Q. What is Sunil Singhania’s net worth?

As of the March 2024 quarter, Sunil Singhania’s net worth from equity investments was approximately INR 2,777.8 crore. This figure is subject to fluctuation based on stock price changes. His portfolio was primarily allocated to 25 equities with an average shareholding value of INR 111.1 crore.

Q. What are some notable achievements of Sunil Singhania at Reliance Growth Fund?

Under Sunil Singhania’s direction, the Reliance Growth Fund grew by more than 100 times in less than 22 years, achieving remarkable success and recognition in the industry.