Dolly Khanna. India’s most successful retail investor.

 She built a ₹1,000 Cr stock portfolio without a finance degree.




-> Started in 1996

Nobody knew her name… until she bought more than 1% in a listed company.
That triggered a SEBI disclosure.
And suddenly, Dalal Street wanted to know - “Who is this woman?”

-> Her first legendary stock pick?

 Hawkins Cookers - bought at ₹130.
 Today? ₹3,400+.
 Add to that: 70% of profits distributed as dividends.
 Her conviction wasn’t loud - it was profitable.

-> She picked stocks from her own living room:

Nilkamal (plastic chairs)
Fem Bleach (cosmetics)
Avanti Feeds (fish feed)
NOCIL, Rain Industries, Emkay Global

All small-caps. All ignored.
All turned 5x–20x.

-> In 2008, the crash wiped out 75% of her wealth.
But by March 2009 - while most were licking wounds -
She went shopping for value.

That’s when her fortune really started compounding.

-> What’s her formula?

Sales growth > 15%
ROCE > 15%
Low debt
Promoter holding > 50%
Real-world utility - products used in Indian homes


-> As of 2025:

✅ Her disclosed portfolio is ₹648.57 Cr
✅ Total corpus? Estimated ₹1,000+ Cr
✅ Stocks across: ethanol, chemicals, distilleries, auto parts, agro, textiles
✅ Over 20 listed companies

Some examples from her current portfolio:

– Mangalore Chemicals: Up 91% this year
– Prakash Pipes: ₹38.3 Cr stake
– Chennai Petroleum: ₹83.7 Cr stake
– Zuari Industries, Talbros Auto, Selan Exploration, Emkay Global

Quick fact, she’s never attended an investor conference.
Never met management.
Never given a media interview.

Her husband - RK, an IIT Madras grad runs the backend.
Together, they track 500+ companies using public filings.
And rely on the 30-day moving average as their personal signal.

Pure discipline. Pure logic.

So who is she?

Dolly Khanna.
India’s most successful retail investor.


Who says serious investing is only for MBAs and mutual funds?
πŸ” Repost this if more Indians need to hear her story.


Thank you for contacting Rounaq! 

Please let us know how we can help you. 


Have you subscribed to my channel yet ?

Book your consultation: https://topmate.io/rounaq_bakshi
NISM-Series-XV: Research Analyst Certified 
Waheguru

Comments

Post a Comment

Popular posts from this blog

Transcript of NMDC Limited post Q4 & FY 2024-25 Results

Image
Transcript of NMDC Limited post Q4 & FY 2024-25 Results Growth in PAT on an annual or a year-on-year 12-month basis of around 19% and PBT after exceptional item of around 16% Gold operations in Legacy, the first year was have also stabilized Legacy in the last 2 months, 3 months.  And hopefully, in this financial year, Legacy would also be showing good profits IMPORTS India which imports around 55 million, 60 million tons is likely to go up to 150 million to 160 million tons of import for India in terms of coking coal.  Have entered into arrangement with SAIL 60% of total sales as of date is routed through SAIL because send it to their stocking yard.  So based on the user charge, they also market mmdc products 40% still Nmdc market directly in terms of HR coils 2025 year will be much more substantially action packed in terms of NMDC Open new mines within India, coal and iron ore Outside India, we hope to acquire a few mines.  This will be a year where it will be ...
Read more

Looking to park some excess funds for the short term.?

Image
Looking to park some excess funds for the short term.  LiquidBeES by Nippon - has been the default choice for years. But lately, it’s become muscle memory to run everything past ChatGPT.  Just a quick: “Is there a better option than LiquidBeES?” It turns out, there is.  LIQUIDCASE by Zerodha AMC.  Difference was not subtle and decision was easier : - Expense ratio: Less than half of LiquidBeES - Net returns: ~6.2% vs ~5.7% (1-year annualized) - Same safety, same liquidity - AUM already >1/3rd of LiquidBeES in record time This is how discovery is changing. And this is how smart products go viral. Zerodha didn’t try to educate the market.  Discovery is no longer driven by ads or advisors.  It’s driven by habit, trust, and tools like ChatGPT. And when you get it right, traction follows fast. I won’t be surprised if LIQUIDCASE overtakes LiquidBeES in under 18 months. Thank you for contacting Rounaq! Please let us know how we can help you.  About me :...
Read more

𝐖𝐑𝐲 𝐃𝐨 ππ‘πˆπ¬ 𝐈𝐧𝐯𝐞𝐬𝐭 𝐒𝐧 𝐈𝐧𝐝𝐒𝐚?

Image
  𝐖𝐑𝐲 𝐃𝐨 ππ‘πˆπ¬ 𝐈𝐧𝐯𝐞𝐬𝐭 𝐒𝐧 𝐈𝐧𝐝𝐒𝐚? Whether you're living in the US, UAE, UK, or Singapore; India continues to be a hotspot for wealth creation. But why do so many NRIs still invest here? Here’s why πŸ‘‡ ✅ Higher Returns – Indian equity markets, mutual funds, and even fixed deposits offer attractive long-term returns. ✅ Tax-Free Income – Interest from NRE and FCNR deposits is tax-free in India. Plus, DTAA helps avoid double taxation. ✅ Currency Edge – You invest in INR, and with the right timing, your gains in foreign currency terms could be even higher. ✅ Diversification – Indian assets like gold, real estate, and stocks add balance to a global portfolio. ✅ Future Ready – Planning to return to India someday? Build your base early with property or retirement-focused investments. ✅ Emotional Roots – Beyond numbers, India is still home. πŸ’‘ Whether it’s for wealth creation, retirement planning, or building assets back home, India offers a solid mix of growth + stability...
Read more