Radhakishan Damani Portfolio

Radhakishan Damani is one of India’s most respected investors and entrepreneurs. He’s best known as the founder of DMart, one of the country’s biggest supermarket chains. But his success isn’t just in retail — he’s also a brilliant investor with a sharp eye for good opportunities.

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Many people look up to him as a role model because of his smart strategies and steady approach. His investment portfolio is a mix of well-known companies and a few carefully chosen new ones, all picked with a long-term view and a focus on quality.

With a net worth of over ₹1.76 lakh crore, Damani has proved that patience, discipline, and value investing can lead to great success. The companies he invests in show his belief in strong, trustworthy businesses that have the power to grow steadily over time.

Table of Major Shareholdings

As of 24 Sep 2025

This table shows that Avenue Supermarts dominates Damani’s portfolio, while other holdings provide diversification across various industries, including finance, FMCG, logistics, and chemicals.

About Radhakishan Damani

Born in 1954 in Gujarat, Damani’s journey is one of patience and vision. Unlike many investors who start investing at a young age, he began investing at the age of 32. Despite his late entry, he quickly built a reputation for spotting value where others could not. His style is calm and understated, very different from investors who chase trends.

Damani studied commerce at the University of Bombay but left early to join the stock market. His early days as a trader taught him discipline, and he soon shifted from trading to long-term investing. His ability to understand businesses and hold them for years gave him an edge over many others.

The Big Wins

One of Radhakishan Damani’s biggest successes is Avenue Supermarts, the company that owns DMart. He started DMart in 2002, and today it’s one of India’s largest supermarket chains, with over 200 stores across the country.

When the company launched its IPO (Initial Public Offering) in 2017, it became a huge hit. The stock price went up many times since then, making DMart the biggest source of Damani’s wealth.

Another smart investment of his is in VST Industries, a company that makes tobacco products. Damani owns over 31% of it, and this investment gives him steady income and long-term profits.

He also invested in Trent Ltd., the retail division of the Tata Group. Trent runs popular fashion stores and has grown quickly, showing Damani’s strong belief in India’s growing consumer market.

Investment Philosophy

Radhakishan Damani’s way of investing is built on simplicity and patience. He believes in buying good-quality companies that have strong fundamentals — meaning they are well-managed, stable, and have room to grow — and then holding them for the long term. His goal isn’t to make quick money, but to let his investments grow slowly and steadily over time.

Long-term vision: Damani stays invested in companies for many years, giving them time to expand and create real value.

Diversification: His portfolio includes businesses from different sectors like retail, finance, FMCG, logistics, and chemicals. This helps reduce risk.

Quality over quantity: He prefers a few strong companies with honest management, steady profits, and an advantage over their competitors.

Rebalancing: Damani isn’t afraid to make changes when needed. If the market shifts, he adjusts his portfolio to stay in the right direction.

People often call him a contrarian investor, meaning he sometimes invests in companies that others ignore or avoid. But with time, his thoughtful decisions often turn out to be highly successful.

Unique Insights and Traits

What makes Radhakishan Damani special is his rare ability to be both a smart investor and a successful entrepreneur. While most investors focus only on buying and selling stocks, Damani went a step further — he built DMart, one of India’s biggest retail chains.

This mix of investing skills and business experience gives him a unique understanding of how people spend money and how markets work.

Another interesting fact is that Rakesh Jhunjhunwala, one of India’s most famous investors, once considered Damani his mentor. This shows how much respect and influence Damani holds in India’s investing world.

Conclusion

Radhakishan Damani’s investments and business success show his amazing ability to choose strong companies and stay invested with confidence. From Avenue Supermarts (DMart) to VST Industries, his portfolio reflects a mix of vision, patience, and discipline.

DMart’s success also proves how a clear plan and focus on customers can help build a powerful business.

His story is a great inspiration for Indian investors who want to grow their wealth steadily. By following simple ideas like value investing, diversification, and patience, anyone can learn from him.

Radhakishan Damani truly stands as an icon in India’s investment and retail world, with a career that shows the power of wisdom, strategy, and long-term thinking.