One of India’s Warren Buffetts buys stake in ASM Tech. Here are 3 other hidden gems in his portfolio
Live MintWhen a master strategist makes a move, the market takes notice. View Full Image Despite mixed profitability, ASM’s sales grew substantially from ₹88 crore in FY19 to ₹202 crore in FY24, reflecting an 18% CAGR. The company’s financials have shown consistent growth: Ebitda rose from ₹31 crore in FY19 to ₹47 crore in FY24, reflecting a CAGR of 8.5%. A leader in the EPC sector in India, the company provides turnkey solutions for housing, high-rise buildings, and urban infrastructure, serving both private and public sector clients, including CIDCO, MHADA, Oberoi Realty, and K Raheja Corp. Capacit'e’s market cap currently stands at ₹3,078 crore. The company’s sales have recorded a compounded growth rate of 1% over the last five years, though a recent acceleration has driven a 30% CAGR over the last three years.