Rising Giant Archives

Strategy Series

Our articles specific to the six investment strategies we offer. Whether you invest with us or are looking to invest, these
articles can you give you an insight into why we make the decisions we make.

Rising Giant

Rising Giants: Spotlighting Godrej Agrovet

This month we delve deeper into Godrej Agrovet Limited (GAVL) which we added to the Rising Giants PMS portfolio earlier this year. GAVL is a diversified agri-focussed company present across animal feed, palm oil, crop protection, dairy and poultry businesses. The Company witnessed muted earnings growth over FY18-23 due to volatility in commodity prices (inputs as well […]

Rising Giant JUL 08 . 14 MIN READ

Rising Giants: Spotlighting Eureka Forbes

Rising Giant NOV 18 . 14 MIN READ

Stress Test for Rising Giants

Rising Giant AUG 07 . 10 MIN READ

Invest in Dominant B2B Firms in Highly Profitable Industries

Rising Giant

Rising Giants: Spotlighting Godrej Agrovet

Oct 01 . 6 MIN READ READ MORE

Rising Giant

Rising Giants: Spotlighting Eureka Forbes

In this month’s newsletter, we delve deeper into Eureka Forbes Limited (EFL) one of the new additions to the portfolio. We see several earnings growth levers for EFL over the next 5 years: (a) Increase in the water purifiers (WP) category penetration backed by improved tap water supply, and initiatives taken by the WP companies […]

Jul 08 . 14 MIN READ READ MORE

Rising Giant

Stress Test for Rising Giants

Marcellus’ Rising Giants portfolio (RGP) aims to discover companies with a high probability of entry into benchmark Nifty50 index over the next 3-5 years thus capturing the outsized returns that typically accrue to potential Nifty50 entrants. Over the past year, some of the RGP stocks have faced temporary headwinds mainly on account of Covid-19 demand normalization, […]

Nov 18 . 14 MIN READ READ MORE

Rising Giant

Invest in Dominant B2B Firms in Highly Profitable Industries

The industry in which B2B firms operate can have an outsized impact on their compounding potential. Over FY14-23, some sectors like IT, Light Industrials and Chemicals have generated twice as much RoCE and share price returns as compared to sectors like Energy and Metals & Mining (which struggle to return even cost of capital). This […]

Aug 07 . 10 MIN READ READ MORE

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The best collections from the Marcellus Library

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Marcellus Consistent Compounder Portfolio Webinar on Amidst high input cost inflation, pricing power protects margins & market share

Amidst high input cost inflation, pricing power protects margins & market share of CCPs

Mar 10, 2022 WATCH NOW

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Marcellus GCP Webinar: Marcellus Global Compounders Portfolio – 2nd Year Anniversary

Nov 22, 2024 WATCH NOW

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CCP Webinar: ‘Enterprising Compounders’ = Capitalism Without Capital

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Curated Collection

HANDPICKED ARTICLES FOR OUR ACTIVE INVESTORS

Consistent Compounders

How Volatile Funds Cost Investors Dear

High volatility in an equity portfolio creates zones of ‘excitement’ and ‘fear’ based on recent performance. This adversely affects the quality of decision making by equity investors. As a result, historically, investor returns in Indian equity funds have been lower than fund returns across different periods. Similarly, a recent example from the US – NYSE […]

Feb 01 . 6 MIN READ READ MORE

Consistent Compounders

The Benefits of Timing are Inversely Correlated with the Quality of Fundamentals

The rate at which fundamentals of a company compound (and hence its share price) over the long term is inversely correlated with the quantum of benefit that an investor can achieve by perfectly timing her purchases at the bottom of the share price trajectory. Moreover, for a portfolio consisting of high-quality companies, benefits from a […]

Jan 03 . 8 MIN READ READ MORE

Consistent Compounders

CCPs use more ‘S-curves’ to elongate their fundamental compounding

Value addition from every initiative undertaken by a company follows an ‘S-curve’ with three parts to it – the investment phase, the growth phase and the fade period. The fundamentals of the overall company are a consolidation of ‘S-curves’ of all initiatives. There are several limiting factors to every initiative such as addressable market size, […]

Dec 01 . 8 MIN READ READ MORE

Consistent Compounders

The Path to Consistent Compounding is Paved with Free Cashflow

There are four key drivers of free cashflow in a business – revenue growth, profit margins, working capital efficiency, and asset turnover. The order of importance across these four drivers differs across businesses. As Marcellus’ CCP companies invest in technology to improve operational efficiencies, those companies that sell day-to-day essentials to their customers whilst avoiding […]

Nov 02 . 17 MIN READ READ MORE

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Rising Giant

Strategy Series

Rising Giants: Spotlighting Godrej Agrovet

Rising Giants: Spotlighting Eureka Forbes

Stress Test for Rising Giants

Invest in Dominant B2B Firms in Highly Profitable Industries

Rising Giants: Spotlighting Godrej Agrovet

Rising Giants: Spotlighting Eureka Forbes

Stress Test for Rising Giants

Invest in Dominant B2B Firms in Highly Profitable Industries

New to Marcellus?
Watch this video to know more about us

The Gold List

FEATURED PODCAST

Amidst high input cost inflation, pricing power protects margins & market share of CCPs

FEATURED VIDEOS

FEATURED WEBINARS

Marcellus GCP Webinar: Marcellus Global Compounders Portfolio – 2nd Year Anniversary

CCP Webinar: ‘Enterprising Compounders’ = Capitalism Without Capital

Recommended Reads

Global Compounders Portfolio: Maintaining Discipline amidst Pockets of Excess

Slowing Growth + Rising Risks = Quality Lenders finally Outperforming

Portfolio performance and update on Fundamentals – November 2024

Curated Collection

How Volatile Funds Cost Investors Dear

The Benefits of Timing are Inversely Correlated with the Quality of Fundamentals

CCPs use more ‘S-curves’ to elongate their fundamental compounding

The Path to Consistent Compounding is Paved with Free Cashflow

Interested in more financial news?
Check out our blog for weekly updates

Interested in non-financial news?
Check out our 3 long, 3 short page
to know more

Rising Giant

Strategy Series

New to Marcellus? Watch this video to know more about us

The Gold List

FEATURED PODCAST

FEATURED VIDEOS

FEATURED WEBINARS

Marcellus GCP Webinar: Marcellus Global Compounders Portfolio – 2nd Year Anniversary

CCP Webinar: ‘Enterprising Compounders’ = Capitalism Without Capital

FEATURED newsletter

FEATURED BLOGS

Recommended Reads

Curated Collection

Interested in more financial news? Check out our blog for weekly updates

Interested in non-financial news? Check out our 3 long, 3 short page to know more

New to Marcellus?
Watch this video to know more about us

Interested in more financial news?
Check out our blog for weekly updates

Interested in non-financial news?
Check out our 3 long, 3 short page
to know more