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Radhakishan Damani’s Portfolio, Shareholdings, Investments & Networth

Radhakishan Damani's Portfolio

Radhakishan Damani

Total Networth: 2,15,589.10 Cr

(As of March 2024)

Radhakishan Damani, popularly known as RK Damani, is a prominent billionaire investor in India. He is a renowned businessman and the founder of Avenue Supermarts Limited, the company behind DMart, one of India’s leading retail chains in India Radhakishan Damani is also known as the “Retail King of India”.

Radhakishan Damani: Started investing at the age of 32, Damani’s investment preferences include taking a long-term view, buying quality stocks with strong fundamentals, diversifying the portfolio and proactively rebalancing the portfolio. Apart from investments, he also created a successful retail company Avenue Supermarkets which operates more than 324 Demart stores in India. According to the information available from the exchange, these are the shares held by Radha Kishan Damani. The latest quarterly results may not be available for some companies as they may file them later.

In this article, we deepely look at the latest portfolio of Radhakishan Damani, Shareholdings, Networth & his investment philosophy and style. Stay with us on this incredible journey that begins with learning about his humble beginnings, moves on to his investing techniques, and finally reveals why he is known as the “Warren Buffett of India.” So lets start..

Net Worth: $17.6 Billion | Age: 69 | Country/Territory: India | Industry: Fashion & Retail
Radhakishan Damani became India’s retail king after the March 2017 IPO of his supermarket chain Avenue Supermarts.

Personal Details

Birth Date and AgeJuly 12, 1955, 38 years
BirthplaceBikaner, Rajasthan
ResidenceMumbai, Maharashtra
Source of Wealth
  • Retail
  • Investments
  • Self made
FounderAvenue Supermarts Ltd (DMart)
Known For Retail King of India
Achivments
  • #9 India’s Richest (2024) Forbes
  • #107 World’s Richest Person (2024) Forbes

Radhakishan Damani’s Portfolio & Shareholdings

Take a look at the latest portfolio of Radhakishan Damani (As of March 2024):

As per corporate shareholdings filed for March 31, 2024, Radhakishan Damani publicly holds 12 stocks in his portfolio

SR NoCompany (Stock Held)Quantity Held% HoldingValue of Holding
1Avenue Supermarts Ltd437,440,72067.24209,603.8 Cr
2VST Industries Ltd5,043,13932.661,941.6 Cr
3India Cements Ltd64,398,19020.781,335.3 Cr
4Advani Hotels and Resorts (India)Ltd3,860,0184.1830.2 Cr
5Aptech Ltd1,757,3173.0340.7 Cr
6Sundaram Finance Ltd2,630,4342.371,181.5 Cr
7Mangalam Organics Ltd186,1872.176.6 Cr
8Sundaram Finance Holding Ltd4,170,4341.8893.7 Cr
93M India Ltd166,7001.48483.1 Cr
10Blue Dart Express Ltd306,7701.29216.6 Cr
11United Breweries Ltd3,252,3781.23623.4 Cr
12BF Utilities Ltd381,0001.0132.6 Cr
13Trent Ltd
14Andhra Paper Ltd
15Astra Microwave Products Ltd.
Sectors
Show Data Table ▼

Radhakishan Damani Networth History

Net Worth History Chart

As of March 2024, Radhakishan Damani’s net worth is estimated to be over 2,15,589.10 Cr. Rk Damani’s wealth has seen remarkable growth over the years. Let’s take a closer look at his net worth history and Achievements

  • December 2015: Damani’s net worth began at 1,531.26 Cr.
  • March 2017: The IPO of his supermarket chain Avenue Supermart known as DMart catapulted him into the spotlight.
  • 2020: Listed as one of the billionaires according to the Forbes list RK Damani’s #78 richest people in the world.
  • 2021: Net worth dropped off the list.
  • 2023: Radhakishan Damani secured the 5th position on India’s richest list with a net worth of $23 billion. (approximately 1.75 lakh crore)
  • 2024: His net worth continued to rise, reaching new heights.

DMart founder RK Damani’s journey from a single store in suburban Mumbai to becoming a retail king with 324 DMart stores across India was incredible.

Radhakishan Damani’s net worth has been continuously increasing due to his successful business ventures and strategic investments. Their focus on providing value to customers and running efficient operations has played a key role in their financial success. According to recent reports, his net worth has been steadily increasing, making him one of the most influential and richest wealthy entrepreneurs in India.

Radhakishan Damani’s Top Holdings Stocks in Portfolio

Now let’s put the Radhakishan Damani share portfolio under the microscope and understand his top theories deeply to find strategy and investment philosophy.

  1. Avenue Supermart Ltd (DMart) with a shareholding of 67.24%
  2. VST Industries, with a shareholding of 32.66%
  3. India Cements Ltd with a shareholding of 20.78%

What is Rk Damani’s Investment Strategy?

Let us go over the lessons learned from Radhakishan Damani portfolio that, if properly applied, may boost our investing skills and, eventually, our returns-

Focus on Value Investing

Radhakishan Damani follows the principle of the value investing approach, which means they look for stocks with strong fundamentals and are trading below their intrinsic value. He mainly focuses on the fundamentals of the business, such as earnings, cash flow, growth, and competitive advantage, rather than the price movements or market sentiment.

Patience and Long-term Vision

Going through Radhakishan Damani’s portfolio holdings over the years, you will realize his long-term vision for his investments so we find Radhakishan Damani is a patient investor who believes in the long-term potential of his investments. He is not swayed by short-term market fluctuations and focuses on the long-term wealth growth prospects of the companies he invests in. As a result, He believes investing for the long term, can benefit from the power of compounding and achieve higher returns.

Contrarian approach

When you observe Radhakishan Damani’s portfolio deeply, you will understand his contrarian approach to investing which means he looks for companies that are out of favor with the market but find a solid fundamental, frequently against popular opinion and market trends, based on his conviction and lessons learned.

Risk management

We see the perfect example of risk management, which means he does not put all his eggs in one basket. He diversifies his portfolio across different sectors like retail, cement, finance, transportation, and hotels to reduce his exposure to any single risk factor that shows the portfolio is well-diversified and balanced. He also rebalances his portfolio periodically to adjust his holdings according to the changing market sentiments.

Final Words

Radhakishan Damani’s follows value investing, a long-term view, risk management, and a focus on high-quality businesses. His path to success involves traditional Indian values blended with modern-day investing principles.

Remember that while learning from successful investors like Damani, it’s essential to adapt their strategies to your own risk tolerance and financial goals. 🌟📈

When an investor starts his investment journey, he wonders, “How did Radhakishan Damani get rich?” And one begins to aspire to be like him by following his investments and strategies. Remember, just copying Radhakishan Damani’s portfolio will not take you to the heights he did.

Taking an investment idea from his investment portfolio may help you build a good one for yourself. However, it would be best but first learn what is stock market? How does it work? because remember stock market is unpredictable and may flip your investments upside down quickly. so first learn the concepts then invest…

Abhishek Rodi

Investor, Trader, and An Engineer! Unlock the secrets of successful investment & trading, where I will share my 5+ year journey's insights.

2 thoughts on “Radhakishan Damani’s Portfolio, Shareholdings, Investments & Networth”

  1. बहुत ही अच्छी प्रेरणा मिली है । धन्यवाद आपका

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