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Sharad Kanayalal Shah Investor Portfolio (2026)

Sharad Kanayalal Shah is a public market investor in India whose equity holdings are disclosed through quarterly exchange filings when ownership crosses regulatory thresholds. His portfolio spans multiple listed companies, with exposure largely concentrated in small- and mid-cap segments. The Sharad Kanayalal Shah portfolio provides a structured view of his stock selection approach and sector positioning within the Indian equity landscape.

Latest Sharad Kanayalal Shah Stock Portfolio & Holdings (2026)

Sharad Kanayalal Shah Portfolio Stock Screener

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

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NameStocks (51)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose PricePE RatioPE Ratio1D Return1D Return1M Return1M Return6M Return6M Return1Y Return1Y ReturnPB RatioPB RatioReturn on EquityReturn on EquityROCEROCEDividend YieldDiv YieldDebt to EquityDebt to EquityVolatility vs NiftyVolatility vs Nifty
1.Borosil LtdBOROLTDHousewaresHousewares2,695.142,695.14253.25253.2536.3036.3012.3712.371.021.02-27.40-27.40-26.65-26.653.343.3410.7010.7013.1813.18--0.120.122.482.48
2.Apcotex Industries LtdAPCOTEXINDSpecialty ChemicalsSpecialty Chemicals1,876.791,876.79365.75365.7534.7234.721.041.04-2.58-2.58-10.65-10.6516.8716.873.393.3910.0610.0614.4414.441.801.800.340.342.302.30
3.Amrutanjan Health Care LtdAMRUTANJANPharmaceuticalsPharmaceuticals1,610.311,610.31554.30554.3031.6831.68-0.52-0.52-12.99-12.99-26.62-26.62-6.64-6.644.934.9316.5316.5320.6220.620.830.830.010.012.142.14
4.Borosil Scientific LtdBOROSCIHealth Care Equipment & SuppliesHealth Care Equipment & Supplies946.31946.31107.37107.3735.3035.300.920.92-0.74-0.74-25.50-25.50-14.71-14.712.342.346.876.8710.0510.05--0.040.043.503.50
5.Indo Borax and Chemicals LtdINDOBORAXCommodity ChemicalsCommodity Chemicals781.42781.42245.82245.8218.3918.390.950.950.420.42-0.59-0.5948.8948.892.332.3313.5113.5117.3617.360.410.410.000.003.223.22
6.Sandesh LtdSANDESHPublishingPublishing709.60709.60957.05957.059.209.202.092.09-10.22-10.22-19.99-19.99-13.82-13.820.520.525.905.907.117.110.530.530.000.002.382.38
7.Sunshield Chemicals LtdSUNSHIELSpecialty ChemicalsSpecialty Chemicals699.50699.50785.30785.3047.9847.98-1.26-1.26-8.09-8.09-26.20-26.2021.9821.987.317.3116.3916.3921.4721.470.260.261.051.053.873.87
8.Kilitch Drugs (India) LtdKILITCHPharmaceuticalsPharmaceuticals559.65559.65316.75316.7520.9520.95-1.06-1.06-14.42-14.42-13.68-13.685.405.402.792.7914.2014.2017.4217.42--0.250.253.123.12
9.Arrow Greentech LtdARROWGREENPackagingPackaging558.18558.18381.50381.508.848.843.123.12-14.97-14.97-32.85-32.85-29.14-29.142.942.9439.6039.6044.6644.661.081.080.000.003.593.59
10.PREVEST DENPRO LTDPREVESTHealth Care Equipment & SuppliesHealth Care Equipment & Supplies497.52497.52407.15407.1527.4127.41-1.77-1.77-10.70-10.70-32.37-32.37-2.55-2.554.714.7118.6918.6923.0023.000.240.240.000.003.243.24
11.Gujarat Apollo Industries LtdGUJAPOLLOIndustrial MachineryIndustrial Machinery491.63491.63398.50398.50334.44334.445.135.13-0.56-0.56-16.09-16.0945.9745.971.001.000.300.301.961.960.480.480.100.103.663.66
12.Mazda LtdMAZDAIndustrial MachineryIndustrial Machinery380.29380.29192.89192.8915.3115.311.571.57-11.44-11.44-30.44-30.44-17.01-17.011.651.6511.2411.2414.2014.201.901.900.000.003.443.44
13.Majestic Auto LtdMAJESAUTAuto PartsAuto Parts299.71299.71298.10298.1044.0144.013.423.42-16.96-16.96-10.48-10.48-4.87-4.870.480.481.091.093.973.973.473.470.230.233.143.14
14.Jost's Engineering Company LtdJOSTSIndustrial MachineryIndustrial Machinery269.41269.41232.85232.8515.3615.362.222.22-11.55-11.55-31.75-31.75-33.60-33.603.443.4425.7125.7131.7031.700.460.460.300.303.843.84
15.ASI Industries LtdASIILMining - DiversifiedMining - Diversified228.43228.4325.1425.148.988.98-0.87-0.87-11.06-11.06-22.67-22.67-26.90-26.900.650.657.547.5411.0011.001.581.580.090.093.593.59
16.Indo National LtdNIPPOBATRYBatteriesBatteries225.86225.86309.35309.351.831.832.722.72-13.94-13.94-35.37-35.37-29.53-29.530.480.4833.2533.2528.9628.961.661.660.110.112.492.49
17.Diamines and Chemicals LtdDIAMINESQSpecialty ChemicalsSpecialty Chemicals221.05221.05221.91221.9180.6880.68-1.78-1.78-12.96-12.96-37.45-37.45-40.83-40.831.371.371.771.773.093.090.440.440.000.003.393.39
18.Omax Autos LtdOMAXAUTOAuto PartsAuto Parts213.80213.80103.74103.749.929.923.783.78-14.97-14.97-28.17-28.1715.0215.020.680.687.037.0313.9713.972.502.500.250.254.134.13
19.Revathi Equipment India ltdRVTHIndustrial MachineryIndustrial Machinery186.55186.55589.50589.509.249.24-3.08-3.08-7.60-7.60-30.39-30.39-38.70-38.701.481.4817.3317.3330.1030.10--0.290.293.073.07
20.Aspinwall and Company LtdASPINWALLTea & CoffeeTea & Coffee164.00164.00218.75218.7511.2911.294.284.28-4.89-4.89-19.00-19.00-11.87-11.870.850.857.737.7310.3410.343.103.100.360.363.263.26

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 Sharad Kanyalal Shah investment portfolio as on 13th February 2026. Stocks are sorted by market capitalisation, highest to lowest.

Sharad Kanayalal 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 Sharad Kanayalal Shah:

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

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

Investor Profile – Sharad Kanayalal Shah

Sharad Kanayalal Shah is a public equity investor whose portfolio becomes visible through quarterly shareholding disclosures filed with Indian stock exchanges. His holdings are tracked when his ownership in a listed company exceeds 1%, making his portfolio composition publicly accessible.

  1. Name: Sharad Kanayalal Shah
  2. Profession:Public market investor
  3. Total net worth (₹): ₹269.0 cr (Estimates derived from latest publicly available shareholding valuations. Actual figures vary with market prices and subsequent filings.)
  4. Portfolio Size:52 stocks
  5. Known for: Broad small- and mid-cap exposure, diversified stock selection

As per the December 2025 quarter data, Sharad Kanayalal Shah holds stakes across 53 listed companies with a combined disclosed value of approximately ₹269.0 cr. His portfolio spans multiple sectors and reflects diversified ownership rather than heavy concentration in a single company.
Unlike institutional fund managers, he does not operate through a registered asset management entity. His investment activity is tracked solely through exchange filings, which reflect direct shareholding positions in listed businesses.



Overview of Top Stocks in Sharad Kanayalal Shah Portfolio

Gagan Gases Ltd

Gagan Gases Ltd distributes and bottles LPG for commercial and industrial use, operating a state-of-the-art bottling plant at Pithampur near Indore. Incorporated in 1986, the Madhya Pradesh-based company markets LPG in various cylinder sizes, provides bottling services to Reliance and Aegis Gas, and also distributes ESSO and Mobil lubricants.

Stanpacks (India) Ltd

Stanpacks (India) Ltd manufactures flexible packaging materials, including woven sacks, kraft paper bags, and laminated rolls from 5 to 100 kg. Incorporated in 1991 as part of BLISS Group, the ISO 9001:2015 certified Chennai-based company has won several WorldStar and IndiaStar awards for innovative packaging solutions.

Spectrum Foods Ltd

Spectrum Foods Ltd manufactures and sells industrial salt and spices with 200,000 MT/year salt production capacity and an advanced spice processing facility in Phalodi, Rajasthan. Incorporated in 1994, the Jaipur-based company operates with 400 kWh of captive solar power, serves chemicals, power, textiles, and food sectors, and is expanding into hospitality ventures.

Gujarat Apollo Industries Ltd

Gujarat Apollo Industries Ltd manufactures crushing and screening equipment for road construction, building, mining, and infrastructure development. Incorporated in 1986 as the flagship company of Apollo Group and dual-listed on NSE, the ISO 9001:2015 certified Mehsana-based manufacturer offers jaw crushers, cone crushers, vibrating screens, and mobile crushing plants across India and internationally.

Omax Autos Ltd

Omax Autos Ltd manufactures sheet metal components, tubular components, and machined components for the automotive and railway industries. Established in 1983, the Gurgaon-based company operates nine manufacturing plants across India with 3,500+ employees, serves OEMs including Tata Motors and Indian Railways, and ranks among India's top ten automotive component manufacturers.

Sharad Kanayalal Shah Portfolio Composition

Here are the 51 active stocks publicly held by Sharad Kanayalal Shah as of February 2026:

Company Name June 2025 Holding (%) Dec 2025 Holding (%) Holding Value (₹ cr)
Gagan Gases Ltd - 1.1 11.1 L
Stanpacks (India) Ltd - 2.2 15.0 L
Spectrum Foods Ltd 1.7 2.2 73.7 L
Gujarat Apollo Industries Ltd 4.2 4.6 22.9
Omax Autos Ltd 1.2 1.6 3.8
Majestic Auto Ltd 2.9 3.2 11.1
Organic Coatings Ltd 2.6 1.9 42.8 L
Amrutanjan Health Care Ltd 1.1 1.1 19.5
Apcotex Industries Ltd 1.1 1.1 21.5
Banaras Beads Ltd 2.3 3.4 2.8
Barak Valley Cements Ltd 1.3 1.3 1.2
Kilitch Drugs (India) Ltd 3.1 3.6 20.2
Indo National Ltd 4.2 5.3 13.9
Sandesh Ltd 1.3 1.3 9.6
Arrow Greentech Ltd 1.2 1.2 7.7
Diamines and Chemicals Ltd 5.1 5.1 11.8
W H Brady & Company Ltd 1.1 1.1 1.5
Bombay Cycle and Motor Agency Ltd 1.0 1.0 71.4 L
Chowgule Steamships Ltd 1.0 1.0 71.9 L
ASI Industries Ltd 1.2 1.2 2.9
Jost's Engineering Company Ltd 11.2 5.5 16.7
Jaipan Industries Ltd 1.3 1.3 20.2 L
MM Rubber Company Ltd 1.9 1.9 89.2 L
Acrow India Ltd 4.0 4.0 1.8
PCS Technology Ltd 1.7 1.7 73.2 L
Elnet Technologies Ltd 1.1 1.1 1.5
Poona Dal and Oil Industries Ltd 1.0 1.0 40.0 L
Tai Industries Ltd 1.1 1.1 19.2 L
Rasandik Engineering Industries India Ltd 1.0 1.0 36.8 L
Mazda Ltd 3.1 3.1 12.9
Indo Borax and Chemicals Ltd 1.1 1.1 9.1
Laffans Petrochemicals Ltd 1.1 1.1 26.7 L
Lippi Systems Ltd 1.1 1.1 26.3 L
Elegant Marbles and Grani Industries Ltd 2.1 0.0 1.3
Samrat Pharmachem Ltd 1.1 1.1 70.4 L
Saboo Sodium Chloro Ltd 1.0 1.0 61.6 L
Sunshield Chemicals Ltd 1.0 1.0 7.7
Hipolin Ltd 1.6 1.7 33.7 L
LWS Knitwear Ltd 1.4 1.4 29.8 L
First Fintec Ltd 1.9 1.9 14.6 L
VMS Industries Ltd 1.1 1.3 79.2 L
Mercury Laboratories Ltd 1.1 1.1 1.1
Aspinwall and Company Ltd 1.2 1.2 1.9
ICDS Ltd 1.3 1.4 83.3 L
Tranway21 Technologies Ltd - 3.2 15.3 L
Borosil Ltd 1.0 1.0 31.6
PREVEST DENPRO LTD 1.1 1.1 6.1
Borosil Scientific Ltd 1.1 1.1 10.8
Revathi Equipment India ltd 1.0 1.1 2.1
DMR Engineering Ltd - Filling Due 43.8 L
Timescan Logistics (India) Ltd 1.0 Filling Due 33.2 L

How to Invest in Sharad Kanayalal 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!

What is the Net Worth of Sharad Kanayalal Shah?

As per the December 2025 quarter disclosures, the publicly reported net worth of Sharad Kanayalal Shah and Associates stands at approximately ₹269.0 cr. This figure represents the combined market value of his disclosed shareholdings in listed companies where ownership exceeds the regulatory reporting threshold. It reflects only publicly available equity positions and does not include any unlisted investments, personal assets, cash holdings, or other financial interests outside exchange filings.

Sharad Kanayalal Shah’s Investment Strategy

Broad Portfolio With Niche Small and Micro-Cap Focus

Shah's publicly disclosed portfolio spans 22 to 27 stocks, concentrated almost entirely in small and micro-cap companies with limited institutional analyst coverage. Holdings like Jost's Engineering, Mazda Ltd, and Diamines & Chemicals operate in niche industrial segments that mainstream investors rarely track. This low-visibility positioning allows entry before broader market discovery, a pattern that repeats consistently across his portfolio.

Meaningful Stake-Building Across Holdings

Shah builds ownership stakes that register prominently in exchange filings rather than taking marginal positions. His disclosed stakes include approximately 11 to 15 per cent in Jost's Engineering, 7.57 per cent in WEP Solutions, 5.36 per cent in Indo-National, and 3.06 per cent in Mazda Ltd, per Ticker by Finology and Trendlyne. These stake sizes reflect high-conviction ownership rather than passive, watchlist-style exposure.

Long-Term Holding With Minimal Churn

Quarterly filings show stable ownership across most holdings over extended periods, with Indo-National, Mazda, and Gujarat Apollo Industries maintaining consistent stakes across consecutive quarters. Shah rarely exits positions abruptly, suggesting portfolio decisions are anchored to long-term business potential rather than price movement or market sentiment. This low churn is one of the most identifiable behavioural patterns across his filing history.

Deep Sector Diversification Without Overlap

The portfolio spans chemicals, engineering equipment, battery technology, rubber, dental products, construction equipment, semiconductors, and media — with each sector typically represented by a single company. Shah holds one rubber company, one dental products company, one media company, and one semiconductor company, indicating deliberate sector-level diversification without duplication within each industry. This structure limits concentration risk across business cycles without diluting selectivity.

Operates as a Registered Entity

Shah's investments are disclosed under "Sharad Kanayalal Shah and Associates," through which 53 investments have been recorded, per Planify. This organised entity structure distinguishes his approach from individual retail investing and reflects systematic portfolio management behind the disclosed positions.

Learnings From Sharad Kanayalal Shah Investments

Under-Coverage Is an Opportunity, Not a Warning Sign

Jost's Engineering delivered 113 per cent returns and RIR Power Electronics delivered over 314 per cent returns, per Alice Blue, both in segments rarely tracked by institutional desks. Shah's portfolio consistently demonstrates that fundamental soundness in an under-covered business is itself a return driver. Limited analyst attention does not signal risk — it signals potential pricing inefficiency.

Stake Size Reflects Conviction

His largest disclosed positions — Jost's Engineering, WEP Solutions, Indo-National — are also his most stable holdings quarter over quarter. This correlation between ownership size and holding tenure suggests that conviction, expressed through meaningful stake-building, is a deliberate portfolio construction principle rather than coincidence. Position sizing proportional to research depth is a cleaner signal of intent than equal-weight spreading.

Industrial Companies Reward Patience Over Excitement

The multibagger outcomes in his portfolio cluster around established industrial businesses: Sandesh Ltd, Gujarat Apollo, Mazda Ltd, and WH Brady & Company, per Alice Blue. These are not high-growth consumer or technology names, but operationally stable companies in unglamorous sectors. Long holding periods in fundamentally steady businesses produce compounding that short-term thematic trading rarely matches.

One Sector, One Best Pick

Shah selects one representative company per sector rather than building diversified sector baskets. This single-pick discipline suggests his process involves identifying the strongest individual business within each industry rather than taking broad sectoral bets. It reinforces that quality of selection matters more than quantity of exposure when constructing a diversified portfolio.

Consistency Without Public Presence

Shah maintains no documented media presence, yet his portfolio reflects multi-year compounding across several holdings tracked through Trendlyne and Ticker by Finology. His example demonstrates that disciplined stock selection and long-term holding compound independently of market commentary, public visibility, or narrative-building.

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Factors Affecting Stock Selection in Sharad Kanayalal Shah Portfolio

Low Institutional Coverage

Holdings like Laffans Petrochemicals, Samrat Pharmachem, Cenlub Industries, and Mercury Laboratories are micro-cap businesses with thin analyst coverage and low daily trading volumes. The consistent preference for such names across the portfolio suggests that low institutional ownership is an active selection filter rather than an incidental outcome. This creates early-mover advantage before mainstream price discovery occurs.

Established Operations in Defined Niches

Shah consistently selects companies with functioning operations in well-defined industrial segments — Jost's Engineering in material handling, Mazda Ltd in industrial chemicals, Indo-National in battery distribution. Pre-revenue or early-stage businesses do not appear in his portfolio. Operational maturity within a niche, rather than speculative growth potential, is a defining selection criterion.

Stake-Building Feasibility at Small Market Caps

The companies he selects are small enough for him to build a 1 to 15 per cent stake without disproportionate capital outlay. This feasibility of meaningful minority ownership appears to be a practical filter, focusing his attention on businesses where his position can be material and visible in exchange disclosures rather than lost in large-cap shareholding patterns.

Sector Uniqueness Within the Portfolio

Each industrial sector in his portfolio is represented by one targeted position — one rubber company, one dental products company, one semiconductor company, one media company. This one-pick-per-sector discipline suggests selection is about identifying the best individual business within an industry, not building broad exposure to a theme through multiple names.

Conclusion

Sharad Kanayalal Shah builds his portfolio through diversified participation across multiple listed companies, with disclosures reflecting steady exposure to small- and mid-cap businesses. His holdings illustrate how public shareholding data can reveal conviction levels, sector positioning, and ownership trends over time.

However, financial goals, time horizon, and risk capacity differ for every individual. Public portfolios should be viewed as reference points rather than blueprints. Independent evaluation of company fundamentals remains essential before taking exposure.

For deeper analysis, readers can use the Tickertape Stock Screener, which offers 200+ filters across financials, growth metrics, and valuation parameters. Monitoring ownership changes through Tickertape Market Movers can also provide insight into how shareholding patterns evolve across quarters.

Frequently Asked Questions About the Sharad Kanayalal Shah Portfolio

  1. Who is Sharad Kanayalal Shah?

    Sharad Kanayalal Shah is an Indian investor who deploys capital through his registered entity, Sharad Kanayalal Shah and Associates. As of February, the entity publicly holds 52 stocks with a disclosed net worth of over ₹268.97 cr

  2. Which are considered Sharad Kanayalal Shah’s best picks?

    The best picks in the Sharad Kanayalal Shah portfolio are usually stocks where she holds meaningful ownership and stays invested over multiple quarters. A few notable companies from this list are:
    1. Gagan Gases Ltd
    2. Stanpacks (India) Ltd
    3. Spectrum Foods Ltd
    4. Gujarat Apollo Industries Ltd
    5. Omax Autos Ltd

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

  3. Where can I check Sharad Kanayalal Shah's latest portfolio?

    You can track Sharad Kanayalal Shah's latest portfolio through quarterly shareholding data published by stock exchanges and market-tracking platforms. Investors can also track portfolio changes, bulk and block deals, and other major stock activity using tools like Tickertape Market Movers.

  4. How long has Sharad Kanayalal Shah been investing?

    Publicly available quarterly shareholding filings for Sharad Kanayalal Shah and Associates date back to at least December 2015, providing a decade-long record of his portfolio activity.

  5. What is Sharad Kanayalal Shah and Associates?

    Sharad Kanayalal Shah and Associates is the registered entity through which Shah's public market investments appear in quarterly exchange filings. The entity currently holds 52 publicly disclosed stocks as per shareholding data filed with NSE.

  6. What was Sharad Kanayalal Shah's most recent stock purchase?

    Based on the latest publicly available shareholding disclosures, Sharad Kanayalal Shah and Associates made their most recent buy in Spectrum Foods Ltd, increasing their stake by 0.50 per cent.

  7. What was Sharad Kanayalal Shah's most recent stock sale?

    Based on the latest publicly available shareholding disclosures, Sharad Kanayalal Shah and Associates most recently sold shares in Organic Coatings Ltd, reducing their stake by 0.71 per cent.

  8. Does Sharad Kanayalal Shah appear in financial media?

    No documented media presence, interviews, or public investment commentary from Sharad Kanayalal Shah has been identified. His investment activity is tracked entirely through mandatory shareholding disclosures that listed companies file with BSE and NSE each quarter.