5 Stocks Held by Ace Investor Vijay Kedia

The Indian stock markets have shown a notable recovery following a sharp crash earlier this year.

The Sensex has rallied sharply in April 2025 driven by bargain buying and hopes of easing global trade tensions.

While geopolitical tensions between India and Pakistan caused some volatility and cautious trading, the overall market momentum remained positive.

Despite the volatility, investment gurus are busy churning their portfolios.

Here is a list of 5 stocks held by Vijay Kedia as at the end of March 2025.

Who is Vijay Kedia?

Vijay Kedia is a stalwart in the world of Indian stock market. Widely regarded as a market maestro, his reputation for selecting winning mid-cap and small-cap stocks has made his portfolio a guidepost for many retail investors.

Having begun his stock market journey at the age of 19, Kedia's fascination with the financial world stems from his roots in a family of stockbrokers. By 33, he established Kedia Securities, cementing his place in the investment world.

In this article, we'll discuss some stocks in which he has high holdings.

Which Stocks Does Vijay Kedia Hold?

#1 Atul Auto

First on the list is Atul Auto.

Atul Auto is an Indian company specialising in the manufacture of three-wheeler vehicles, including auto rickshaws and e-rickshaws.

The company exports its vehicles to more than 15 countries across three continents, including Bangladesh, Nepal, Cambodia, Myanmar, South Africa, the UK etc.

According to the latest shareholding pattern for March 2025, investor Vijay Kedia holds a 20.9% stake in the company.

He held a similar 20.9% stake in the December 2024 quarter. This means he held his entire stake in the quarter ending March 2025 with no buying or selling.

Vijay Kedia's Stake in Atul Auto

Quarter	March 2025
Stake	20.9%

Source: Equitymaster

While the exact reasons for holding this stake are not known, we could just guess a few. Among the first is financial performance.

For the quarter ending December 2024, net profits at the company surged to Rs 100 million (m) from Rs 67 m in the corresponding period of last year.

Similarly, revenues at Atul Auto jumped to Rs 1,751 m from Rs 1,457 m. Over the last few years, the company has shown consistency in financial performance.

Atul Auto has also repaid debt and is now a debt free company.

Going forward, the company is expanding its footprint in the global three-wheeler EV segment, aligning with the shift toward sustainable mobility, which offers long-term growth potential.

Atul Auto aims to surpass its pre-Covid sales levels by FY26 and plans to expand annual production to over 100,000 vehicles within the next 3 to 5 years.

Atul Auto's future outlook is supported by strategic capacity expansion, entry into electric vehicles, and financing support mechanisms.

For more details check the Atul Auto fact sheet and quarterly results.

#2 Repro India

Second on the list is Repro India.

Repro India specialises in end-to-end content, print, and distribution solutions, primarily serving the publishing and education sectors.

The company has evolved into one of India's leading book production and fulfilment providers, with a significant international presence.

Vijay Kedia's Stake in Repro India

Quarter	March 2025
Stake	6.3%

Source: Equitymaster

According to the latest shareholding pattern for March 2025, investor Vijay Kedia holds 6.3% stake in the company. He held a similar 6.3% stake in the December 2024 quarter.

While we do not know the exact reasons why the investing guru decided to hold on to this stake, there are some explanations.

Repro India has forged joint business plans with both Amazon and Flipkart, focusing on expanding its Print-on-Demand (POD) services and digital content distribution.

These collaborations aim to streamline the supply chain, reduce inventory costs, and ensure timely delivery of books to customers across India.

Through these partnerships, Repro India provides direct distribution of POD books to Amazon.in and Flipkart, enabling publishers and self-published authors to reach a wider audience without the need for large print runs or extensive warehousing.

The company is now the largest bookseller on Flipkart and second largest on Amazon. However, the company's financials have remained inconsistent.

Net profits and revenues have fallen for the quarter ending December 2024. Net profits for the period dipped to Rs 10 m from Rs 29.10 m in the corresponding period of last year, while revenues have fallen to Rs 728 m from Rs 811 m.

Going forward, Repro India is expanding printing capabilities and enhancing supply chain efficiencies. The company is positioning itself to capitalise on increasing demand from both educational and commercial publishing sectors.

Repro India's growth outlook is underpinned by strategic acquisitions, favourable industry growth rates, and strong market confidence.

For more details check the Repro India fact sheet and quarterly results.

#3 Affordable Robotic & Automation

Third on the list is Affordable Robotic & Automation.

This is a company specialising in providing comprehensive automation and robotic solutions across multiple industries, with a strong presence in India and parts of Asia.

Affordable Robotic offers turnkey automation solutions including industrial automation, car parking automation, warehouse automation, and robotic welding systems.

Vijay Kedia's Stake in Affordable Robotic & Automation

Quarter	March 2025
Stake	9.9%

Source: Equitymaster

According to the latest shareholding pattern for March 2025, investor Vijay Kedia holds 9.9% stake in the company. He held a similar 9.9% stake in the December 2024 quarter. This means he retained his entire stake in the quarter.

While we do not know the exact reasons why the investing guru has held his stake, there are some explanations. Affordable Robotic has chalked-out ambitious plans.

The company is launching a new type of robot designed for low-volume production, targeting niche manufacturing segments.

The company is also acquiring new customers in the electric vehicle (EV) sector and expanding its automated car parking solutions, with plans to double revenues in this vertical within three years.

Additionally, Affordable Robotic has started sales activities in Europe and launched autonomous driverless forklifts in the US market, signalling global expansion efforts.

For more details check the Affordable Robotic & Automation fact sheet and quarterly results.

#4 TAC Infosec

Fourth on the list is TAC Infosec.

TAC Infosec, operating as TAC Security, is a leading global cybersecurity company, specialising in AI-driven risk and vulnerability management solutions.

The company offers a comprehensive SaaS-based platform called ESOF (Enterprise Security in One Framework), which includes modules for vulnerability management, application security, penetration testing, and cyber risk quantification.

Vijay Kedia's Stake in TAC Infosec

Quarter	March 2025
Stake	14.6%

Source: Equitymaster

According to the latest shareholding pattern for March 2025, investor Vijay Kedia holds 14.6% stake in the company.

While we do not know the exact reasons why Vijay Kedia holds a high stake in this company, good financial performance could be one of them.

The operating revenue of TAC Infosec for FY25 surged to Rs 305 m (excluding other income of Rs 17 m), reflecting a 160% increase from the previous year. Annual net profit for 2024-25 reached Rs 148.4 m, marking a 134% surge in profitability.

The company has acquired Cyber Sandia, a US-based cybersecurity firm with key public sector contracts, enhancing its presence in the US government market. It also acquired CyberScope, a Europe-based Web3 security firm, expanding its portfolio to include smart contract audits.

Going forward, TAC Infosec will scale its global client base, enhancing its product suite with AI-driven and IoT security capabilities, and expand through strategic acquisitions in international markets.

#5 Innovators Facade System

Next on the list is Innovators Facade System.

Innovators Facade specialises in the design, engineering, fabrication, supply, and installation of custom facade and fenestration systems.

The company provides design-build services to the construction industry, focusing on innovative architectural and complex building projects that often involve specialised materials, complex geometries, and novel structural and mechanical system designs.

Vijay Kedia's Stake in Innovators Facade

Quarter	March 2025
Stake	10.7%

Source: Equitymaster

According to the latest shareholding pattern for March 2025, investor Vijay Kedia holds 10.7% stake in the company. The holdings have remained unchanged for many quarters now.

On the financial front, profits have been growing at a steady pace. Net profits have nearly doubled to Rs 153 m in FY24 from Rs 84 m in the previous year.

The company continues to focus on delivering total facade solutions for technically demanding projects, leveraging its in-house design and engineering expertise using industry-standard tools like AutoCAD, SolidWorks, and STAAD Pro.

Innovators Facade recently secured a significant Rs 1.1 bn order for the Prestige Trade Centre project, involving design, development, supply, fabrication, and installation of facade work including stone cladding, to be completed within five months from commencement.

The company's focus on growing its clientele base and existing orders augurs well going forward.

Conclusion

Imitating guru strategies means carefully analysing their investment philosophy, financial metrics, and portfolio moves, then applying those insights thoughtfully within your own investment framework.

While imitating, adjust for your own investment horizon, market conditions, and capital. Avoid blindly copying trades without understanding the rationale.

Investors should evaluate the company's fundamentals, corporate governance, and valuations of the stock as key factors when conducting due diligence before making investment decisions.

Happy investing.

Disclaimer: This article is for information purposes only. It is not a stock recommendation and should not be treated as such. Learn more about our recommendation services here...