3 Rakesh Stocks Jhunjhunwala of 2022 – Tripled in Last 3 years

There is a good craze on the stocks invested by Rakesh Jhunjhunwala. Many investors want to clone Jhunjhunwala stocks for medium to long term investments. While Jhunjhunwala owns over 35 odd stocks, there are some stocks which are consistently performing well. Some stocks have doubled in the recent past. Some stocks have even tripled in the 3 years. In this article we would provide Top 3 Stocks invested by Rakesh Jhunjhunwala in 2022 which have tripled in the last 3 years. We would also provide the details of the company business, financial performance, share price performance, what went well for them and any negative factors.

Also Read: 5 Multibagger Stocks to invest that doubled every 3 years

List of Rakesh Jhunjhunwala Stocks that tripled in last 3 years

Here is the list of Jhunjhunwala stocks tripled in last 3 years.

#1 – Man Infra Construction – 1 Lac turned 4.5 Lacs

#2 – D B Realty – 320% returns – 1 Lac turned 4.2 Lacs

#3 – Escorts – 200% – 1 Lac turned 3 Lacs

Stocks invested by Jhunjhunwala – Tripled in 3 years – More Analysis

#1 – Man Infra Construction – CMP Rs 100

Man Infraconstruction provides construction services for port infrastructure, residential, industrial, commercial and road infrastructure projects.

Snapshot of Financial Performance

  • Its consolidated revenues reduced from Rs 451 Crores in FY2017 to Rs 427 Crores in FY2021.
  • Its consolidated margins reduced from Rs 60 Crores in FY2017 to Rs 32 Crores in FY2021.
  • Few days back it has announced latest quarter results where its revenues increased from Rs 152 Crores of Q3 FY2021 to Rs 296 Crores of Q3 FY22. Its margins improved from Rs 11 Crores to Rs 36 Crores during the same period.

Positive factors in this stock

  • It shown good financial performance in the recent quarterly results.
  • Promoters increasing share holding QoQ.
  • Strong annual EPS growth.
  • Company reducing debt.
  • Company with zero promoters pledge.
  • FPI / FII’s increasing their shareholding.

Negative or risk factors in this stock

  • Company consolidated revenues have declined in the last 5 years.
  • The company’s consolidated margins have declined in the last 5 years.
  • Company costs are growing year on year for long term projects.
  • Company not able to generate net cash.

Share Price Performance

  • Last 1 year – 310%
  • Last 3 years – 350% (1 Lac turned 4.5 Lacs)

#2 – DB Reality – CMP Rs 92

The company is engaged primarily in the business of real estate construction, development and other related activities. Most of the projects are based in and around Mumbai and are under various stages of planning and construction.

Snapshot of Financial Performance

  • Its consolidated revenues reduced from Rs 140 Crores in FY2017 to Rs 24 Crores in FY2021.
  • It was incurring loss of Rs 80 Crores in FY2017 and it increased to a loss of Rs 146 Crores in FY2021.
  • Few days back it has announced latest quarter results where its revenues reduced from Rs 10 Crores of Q3 FY2021 to Rs 8 Crores of Q3 FY22. Its margins have fallen from Rs 110 Crores (profits) to loss of Rs 28 Crores during the same period.

Positive factors in this stock

  • FPI / FII’s increasing their shareholding.

Negative or risk factors in this stock

  • Company consolidated revenues have declined in the last 5 years.
  • Company is incurring losses in the last 5 years.
  • Company with high interest payments compared to earnings.
  • Company with high promoters pledge.
  • The book value of the share is reduced in the last 2 years.

Share Price Performance

  • Last 1 year – 242%
  • Last 3 years – 321% (1 Lac turned 4.2 Lacs)

#3 – Escorts – CMP – Rs 1,835

Escorts Limited is one of India’s leading engineering companies engaged in the manufacturing of Agri-machinery, Construction & Material Handling Equipment and Railway Equipment.

Snapshot of Financial Performance

  • Its consolidated revenues increased from Rs 4,145 Crores in FY2017 to Rs 7,014 Crores in FY2021.
  • Its margins improved significantly from Rs 172 Crores in FY2017 to Rs 872 Crores in FY2021.
  • Few days back it has announced latest quarter results where its revenues declined from Rs 2,042 Crores of Q3 FY2021 to Rs 1,984 Crores of Q3 FY22. Its margins also declined from Rs 279 Crores to Rs 200 Crores during the same period.

You may like: 5 Best Midcap Multibagger stocks that tripled every 3 years

Positive factors in this stock

  • Strong revenue growth in the last 5 years.
  • Strong margin growth in the last 5 years.
  • Strong annualized EPS growth.
  • Company with low debt.
  • Book value increased in the last 2 years.
  • Company with zero promoters pledge.
  • We could see strong momentum in share price for short, medium and long term averages.

Negative or risk factors in this stock

  • Recent quarterly financial results indicate a decline in revenues and profits (YoY).
  • Promoters decreasing their share holding.

Share Price Performance

  • Last 1 year – 40%
  • Last 4 years – 200% (1 Lac turned 3 Lacs)
  • This stock is showing technically very bullish.

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Suresh KP

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