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Latest Nemish Shah Portfolio and Shareholdings

Nemish Shah is an Indian market veteran and co-founder of the ENAM Group, established in 1984, which later built a strong presence in investment banking and capital markets. His approach typically favours companies with ROCE above 9%, visible expansion plans, credible management, and valuations aligned with fundamentals. According to recent exchange disclosures, his portfolio shows 7 active stocks from 8 reported holdings. Here, we will provide a complete look at the latest additions and positions.

Latest Nemish Shah Stock Portfolio & Holdings (2026)

Nemish Shah Portfolio Stock Screener

Nemish Shah Portfolio Stock Screener: Analyse & Filter Indian Stocks on Tickertape

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NameStocks (5)↓↓Sub-SectorSub-Sector↓↓Market CapMarket Cap↓↓Close PriceClose Price↓↓PE RatioPE Ratio↓↓1D Return1D Return↓↓1M Return1M Return↓↓6M Return6M Return↓↓1Y Return1Y Return↓↓PB RatioPB Ratio↓↓Return on EquityReturn on Equity↓↓ROCEROCE↓↓Dividend YieldDiv Yield↓↓Debt to EquityDebt to Equity↓↓Volatility vs NiftyVolatility vs Nifty↓
1.Asahi India Glass LtdASAHIINDIAAuto PartsAuto Parts23,932.5623,932.56900.70900.7064.4664.46-4.06-4.06-3.40-3.403.793.7937.0637.069.069.0614.9314.9313.0213.020.200.201.021.022.872.87
2.Elgi Equipments LtdELGIEQUIPIndustrial MachineryIndustrial Machinery17,092.2117,092.21534.75534.7548.8148.81-1.20-1.2026.7926.7910.3510.3518.0618.069.169.1620.1420.1426.4026.400.410.410.310.313.153.15
3.LMW LtdLMWIndustrial MachineryIndustrial Machinery16,560.7916,560.7914,763.0014,763.00161.40161.40-4.77-4.776.596.591.621.623.713.715.965.963.743.745.045.040.190.190.000.002.232.23
4.Bannari Amman Sugars LtdBANARISUGSugarSugar4,531.354,531.353,605.403,605.4043.2943.29-0.23-0.230.150.15-3.85-3.853.003.002.552.556.046.049.259.250.350.350.080.081.791.79
5.Zodiac Clothing Company LtdZODIACLOTHApparel & AccessoriesApparel & Accessories222.99222.9980.5080.50-5.99-5.99-0.87-0.87-1.01-1.01-16.74-16.74-17.42-17.421.081.08-16.47-16.47-10.85-10.85--0.460.463.343.34
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Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: The table contains publicly disclosed Nemish Shah investment portfolio as on 10th February 2026. Stocks are sorted by market capitalisation, highest to lowest.

Nemish S Shah’s Bulk and Block Deals

Bulk and block deals improve market transparency and explain sharp changes in stock volumes. These disclosures help track where large investors deploy capital and which sectors attract or lose interest over time. Analysts often review such deals to understand portfolio shifts and changing market sentiment.


Here’s how you can find the latest bulk and block deals by Nemish Shah:

  1. Open Market Movers
  2. Under Party, type Nemish Shah
  3. Select the relevant Category and Transaction Type

The results show Nemish Shah’s latest bulk and block deals. The platform also allows date filtering to review historical transactions and identify patterns over time.

Investor Profile – Nemish S Shah

Nemish Shah is among India’s well-known market participants. He co-founded ENAM Holdings Pvt. Ltd. in 1984. The firm began as a stockbroking business and later evolved into a major investment house, playing an important role in bringing several companies to the public markets through IPOs.

Name: Nemish Shah Profession: Equity investor, Co-founder of ENAM Group Market experience: Active since 1984 Estimated net worth (₹): ~₹3,616.11 cr. (varies by quarter) No. of portfolio companies: 7 active stocks from 8 disclosed holdings Primary focus: Businesses with efficient capital use, credible management, and expansion visibility

Nemish Shah typically evaluates companies on parameters such as ROCE above 9%, strength of leadership, clarity in growth plans, and valuation comfort at the time of entry.

Beyond investing, he is also associated with education initiatives. He founded the Foundation for Liberal and Management Education, which works to strengthen higher education by blending modern academic frameworks with Indian values.

Top Stocks in Nemish Shah Portfolio (2026)

LMW Ltd

LMW Ltd, earlier known as Lakshmi Machine Works, manufactures textile machinery, CNC machine tools, and foundry castings. The company serves both domestic and global markets. It is closely linked to capital expenditure trends in textiles and precision manufacturing.

Asahi India Glass Ltd

Asahi India Glass Ltd operates in automotive and architectural glass. It supplies windshields, windows, and value-added glass products to vehicle manufacturers and the construction sector. The company benefits from demand in automobiles, real estate, and infrastructure development.

Elgi Equipments Ltd

Elgi Equipments Ltd manufactures air compressors and related systems. Industries such as manufacturing, energy, and infrastructure use these products. Exports form an important part of revenue, and the company has built a global distribution network.

Bannari Amman Sugars Ltd

Bannari Amman Sugars Ltd produces sugar, manufactures ethanol, and generates power. Its operations connect with agricultural cycles, government policies, and the growing focus on blending ethanol with fuel.

Investment & Precision Castings Ltd

Investment & Precision Castings Ltd produces investment castings. Automotive, aerospace, valves, and engineering applications use these castings. The business depends on industrial demand and export markets for specialised metal components.

Nemish Shah Portfolio Composition

Here is a list of the active stocks publicly held by Nemish S Shah:

Stock Name Holding Value (In cr.) Shares Held Dec 2025 Change (%) Dec 2025 Holding (%) Sep 2025 Holding (%)
LMW Ltd 1,452.30 926,373 0 8.7 8.7
Asahi India Glass Ltd 1,410.00 14,482,818 0 5.7 5.7
Elgi Equipments Ltd 266.9 5,360,000 0 1.7 1.7
Bannari Amman Sugars Ltd 117 325,000 0 2.6 2.6
Zodiac Clothing Company Ltd 3.6 405,124 0 1.6 1.6

How to Invest in Nemish Shah Portfolio Stocks?

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You can stay updated with each of your favourite stocks' alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out the detailed analysis of your portfolio now!

Nemish Shah Net Worth

Nemish S Shah holds stakes across a compact list of publicly disclosed companies. Based on available exchange filings and prevailing market prices, the value of his reported listed equity portfolio stands at around ₹3,616.11 cr.

This estimate reflects only shareholdings that appear in mandatory public disclosures. It does not include unlisted investments, private assets, or other business interests, so the overall net worth may vary beyond what is visible in listed data.

Nemish Shah’s Investments in Unlisted Shares

Nemish Shah is known for his presence in listed markets, but records over time also point to participation in select private opportunities. Some of the unleashed shares in his portfolio are:

  1. Metropolitan Stock Exchange of India: Public documents have shown his association with the Metropolitan Stock Exchange of India, a national stock exchange platform. The exposure connects to financial market infrastructure rather than operating businesses.
  2. Private Market Participation Through ENAM: Through ENAM Holdings Pvt. Ltd., he has remained linked to capital market transactions, institutional placements, and opportunities around companies preparing for or approaching public markets.

Nemish Shah's Investment Strategy

Focus On Capital Efficiency

Nemish Shah pays close attention to how productively a business uses its capital. His framework highlights companies that maintain ROCE above 9%. These companies signal operational discipline and generate sustainable returns from invested funds.

Preference for Strong Management

Management credibility remains a key factor in Nemish Shah’s portfolio. Experienced leadership, clear communication, and consistent execution make businesses more likely to appear in the portfolio. Stable governance reduces unpleasant surprises over long holding periods.

Long-Term Orientation

Nemish Shah's shareholding continuity across quarters shows his patience and long-term goals. He stays invested while companies complete expansion, improve utilisation, or benefit from industry demand. This allows time for financial progress to reflect in performance.

Concentrated Portfolio

The portfolio usually includes a small set of stocks. Nemish Shah keeps the list tight. He tracks operations, industry developments, and management actions deeply. Each position contributes meaningfully to overall outcomes.

Tilt Toward Real Economy Businesses

Many holdings belong to manufacturing, engineering, glass, and industrial segments. These areas connect directly with economic activity, infrastructure creation, and production cycles. Capacity and demand trends make earnings drivers relatively visible.

Learnings from the Nemish Shah Portfolio in 2026

Quality Over Quantity

Nemish Shah prefers a small, focused list of stocks rather than a very broad portfolio. This allows deeper research and stronger conviction in each holding rather than spreading capital too thinly.

Alignment With National Priorities

Two of Nemish Shah’s key holdings, Elgi Equipment Ltd and LMW Ltd, attracted investor attention after the Union Budget 2026. It shows that when a portfolio contains companies aligned with government spending priorities, those stocks can quickly return to investor focus during major policy announcements.

Real Economy & Industrial Tilt

Most of his holdings come from brick-and-mortar sectors such as manufacturing, industrial machinery, auto components, and engineering goods. These sectors generally reflect India’s broader growth in manufacturing and infrastructure.

Long-Term Buy-and-Hold Bias

His stakes, especially in companies like Lakshmi Machine Works and Asahi India Glass Ltd., have remained steady over multiple quarters. This shows a preference for long-term capital compounding rather than short-term trading.

Confidence In Established Businesses

His top positions often belong to companies with market leadership, reasonable scale, or global reach, such as Asahi India Glass’s dominant auto glass position and LMW’s engineering footprint. This reflects comfort with firms that have proven business models.

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Factors Affecting Stock Selection in the Nemish Shah Portfolio

Value & Fundamentals First

His pattern of holdings, focusing on operationally strong, capital-efficient firms, underlines a bias for value investing principles: solid earnings, strong balance sheets, and sensible management actions.

ROCE Filter

Nemish Shah’s framework often starts with capital efficiency. Public investor trackers note a simple rule in their screening: ROCE should not fall below 9%. This filter pushes the shortlist toward businesses that convert capital into operating returns consistently.

Management Quality

His stock selection also reflects a preference for credible leadership. Multiple portfolio summaries describe a bias toward companies with sound management and stable execution, which matters more in concentrated portfolios where each position carries weight.

Expansion Visibility

His holdings often sit in companies with visible growth plans. Portfolio commentary repeatedly links his picks to businesses where expansion is planned, and business direction is clear, so investors can track progress through capacity additions, orders, or operational milestones.

Entry Valuation

Price discipline shows up as a stated factor. Some trackers explicitly mention a discounted entry price as part of their selection approach, which indicates he does not rely only on business quality, but also on what the market price implies.

Portfolio Concentration

His public portfolio typically stays small, which suggests conviction-driven selection. Disclosures and trackers repeatedly show only a handful of stocks, so the process naturally favours fewer ideas with higher confidence rather than broad diversification.

Conclusion

Nemish Shah follows a fundamentals-first approach, prefers efficient capital use, and builds conviction in businesses with visible growth direction. His portfolio reflects how valuation discipline, management quality, and patience across cycles influence long-term outcomes.

Investors should avoid copying any portfolio. Financial goals, risk appetite, and time horizons differ for each individual. Independent research remains essential before making decisions.

For deeper analysis, investors can use the Tickertape Stock Screener, which provides 200+ filters to evaluate fundamentals, valuations, and financial strength. Market participants can also monitor ownership trends through Tickertape Market Movers.

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Frequently Asked Questions About the Nemish Shah Portfolio

  1. Who is Nemish Shah?

    Nemish Shah is one of India's well-known market participants. He co-founded ENAM Holdings Pvt. Ltd. in 1984. The firm began as a stockbroking operation and later evolved into a leading investment house with a strong presence in capital markets and advisory activities.

  2. What is the Nemish Shah portfolio?

    The Nemish Shah portfolio consists of a focused set of publicly disclosed equity holdings. According to recent filings, he has 7 active stocks from 8 disclosed positions. The list mainly includes industrial, engineering, and manufacturing businesses, and it changes as companies update quarterly filings.

    Disclaimer: The above information is based on publicly available information and may change with subsequent disclosures.

  3. What is Nemish Shah's net worth?

    Based on publicly available shareholding disclosures and prevailing market prices, Nemish Shah's reported listed equity portfolio stands at around ₹3,616.11 cr. This estimate covers only declared holdings in listed companies and may not include private assets.

    Disclaimer: The above information is based on publicly available information and may change with subsequent disclosures.

  4. What stocks are in Nemish Shah's portfolio?

    According to the last quarter (December 2025), Nemish S Shah's top stocks as per value include:
    1. LMW Ltd
    2. Asahi India Glass Ltd
    3. Elgi Equipments Ltd
    4. Bannari Amman Sugars Ltd
    5. Investment & Precision Castings Ltd

        6. Disclaimer: This information is for educational purposes only and should not be considered investment advice.

  5. Does Nemish Shah invest in unlisted businesses?

    In addition to the listed equities, historical associations indicate participation in private market opportunities, often through institutional or investment channels. However, detailed data on unlisted exposure is not consistently available publicly.

  6. What is Nemish Shah ENAM Holdings?

    Nemish Shah co-founded ENAM Holdings Pvt. Ltd. in 1984. The firm started as a stockbroking business and later became a recognised participant in investment banking, capital markets, and institutional advisory activities in India.

Disclaimer: This article is for informational purposes only. The content of the article, including securities/investment products mentioned, if any, should not in any manner be construed as investment advice, recommendation, offer, or solicitation to buy/hold/sell any securities/investment products. The securities quoted, if any, are for illustration only and are not recommendatory. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered financial advisor before investing.