A planter and patriot first, Porinju Veliyath has become a worth looking portfolio manager in Indian stock market investing arena. Through his company named Equity Intelligence, he has been running a portfolio management scheme (PMS) out of Cochin from 2002, in Kerala.
Porinju Veliyath started his career as a floor trader with Kotak Securities in 1990 and then worked with Parag Parikh Securities in the mid-’90s as an institutional dealer and a fund manager. He moved back to Kochi in 1998 where he worked with Geojit Securities till 2002 and then started Equity Intelligence, a portfolio management scheme aimed for value investing.
Porinju Veliyath chose Geojit Securities as his first value pick and acquired 5 percent of the company at a single digit price; the company had a market cap of around Rs 3 crore at the time. The share price has gone up to Rs 2,500 in the last 17 years. His other success was Shreyas Shipping which he identified at Rs 20 in 2012 and and booked most of the profits at its peak near Rs. 700.
Born with strong value-picking genes, the company has since grown into one of the leading portfolio managers in India. The company has strong client base from various income classes. Website claims that they manage the portfolios of some of the leading businessmen,successful professionals and even ordinary people.
The value of the portfolios we manage ranges from a few lakh rupees to many millions. In a 2018 interview Porinju Veliyath openly stated that his clients has got 32.76% CAGR for the past 14 years.
Porinju Veliyath Latest Stock Portfolio 2021
What Porinju Says About Stocks and Market
Budget Pick: Infra companies with healthy balance sheets, execution capabilities, and comfortable corporate governance standards. You can find many at attractive valuations in the small, mid-cap space.— Porinju Veliyath (@porinju) February 1, 2021
Dec 2018:Look at the 52-week highs and today’s price, unbelievable? Wait for next Dec and check the 52-week lows and prevailing prices, trust me it would be equally unbelievable. Applies only to non-index, sound stocks
July 2017: Nifty: 5,000 to 10,000 in 10 years, next 5000 points will take only 2.5 years – though not much relevant to stock-pickers
April 2017: Don’t take cue from bulk deals, after the move. Look at India-relevant futuristic businesses, not in fancy (in plenty)
Jan 2017: Porinju Tweeted: Sustained FII selling won’t affect potential economic progress and corporate earnings
25 Feb 2016: Porinju Tweeted: Promoters making creeping acquisition these days at beaten-down-prices could be an indication to explore; be very selective!
20 Feb 2016: Porinju Tweeted: I sincerely apologise for my tweet on 2-Sept-15 & retracting negative comments on Veteran Market Guru, @AllJimRogers
19 Feb 2016: Porinju Tweeted: ‘Margin of Safety’ is mostly about valuation; not about buying good companies and fancied stocks at any price
16 Feb 2016: Porinju Tweeted: It is time to break your FD to stock-pick in world’s fastest growing economy; may be not to buy Nifty!
16 Feb 2016: Porinju Tweeted: Market could be Buy On Declines, going forward. I still believe 7500 is bottom for Nifty, don’t take anything below that seriously 🙂
14 Feb 2016: Porinju Tweeted: India has been a Bull Market for last 26 years, will continue to be so for next 47 years; planning to retire at 100 if alive!
12 Feb 2016: Porinju Tweeted: Nifty below 7000 – No regrets as an investor; just feel more bullish than earlier, on Stock-Picking in world’s fastest growing economy!
10 Feb 2016: Porinju Tweeted: WOW, Nifty at new low! doesn’t mean anything technically & doesn’t change anything fundamentally for India; still worth Picking Stocks!
20 Jan 2016: Porinju Tweeted: Nifty at new low – understand pain of traders! Don’t see any reason for ‘Investors’ to panic. Remember, ‘discount sale’ won’t last long!
07 Jan 2016: Porinju Tweeted: Equity is most dynamic subject on earth! Nobody is an expert; be humble and keep learning!!