From Rs 1 crore to Rs 200 crore sales: The ‘turnaround’ stock Sunil Singhania owns

Two Warren Buffett Picks of Sunil Singhania for the Watchlist 2026

Sunil Singhania, the founder of Abakkus Funds, is known for his strategic focus on midcap and smallcap stocks across industries. He has a speciality of picking fairly valued or undervalued stocks that have strong fundamentals.

Stock 1: Himatsingka Seide Ltd - Textile Specialist with Flailing Profits

• Company Overview: Himatsingka Seide Ltd is engaged in manufacturing of home textile products, mainly in bedding, drapery and upholstery products, made of cotton, silk, and blends.
• Market Capitalization: Rs 1,489 cr
• Licenses: Exclusive license rights of global iconic brands like Calvin Klein, Tommy Hilfiger, Kate Spade, Royal Velvet, Barbara Berry and Waverly

Sunil Singhania bought a 6.8% stake in the company, which is worth Rs 101 cr today, split between Abakkus Emerging Opportunities Fund-1, Abakkus Diversified Alpha Fund-2 and Abakkus Diversified Alpha Fund.

Performance Indicators:

• Sales Growth: Compounded growth of 3% between FY20 and FY25
• EBITDA Growth: Compound growth of 4% in the last 5 years
• Net Profit Growth: Contracting on a compounded basis in the last 5 years
• Share Price: Rs 118 as of 4th December 2025 (flat growth in the last 5 years)
• PE Ratio: 9x (industry median is 20x)

Stock 2: Denta Water & Infra Solutions Ltd - The Big Turnaround Story of 200% Profit Growth

• Company Overview: Denta Water and Infra Solutions Ltd is in the business of Water Management, Irrigation, Operations & Management pertaining to water projects.
• Market Capitalization: Rs 964 cr
• Return on Capital Employed (ROCE): 25% (highest when compared to peers from the same industry)

Sunil Singhania bought 1.3% stake in the company, which is worth Rs 12.2 cr today, under the Abakkus Diversified Alpha Fund-2.

Performance Indicators:

• Sales Growth: Compounded growth of 186% from Rs 1 cr in FY20 to Rs 203 cr in FY25
• EBITDA Growth: Compound growth of over 450% in the last 5 years
• Net Profit Growth: Rs 53 cr in FY25 (and Rs 38 cr in H1FY26)
• Share Price: Rs 360 as of 4th December 2025 (all-time high price of Rs 480 in October 2025)
• PE Ratio: 15x (industry median is 18x)

Watchlist 2026 Worthy Opposites?

Both stocks have completely opposite trajectories and highlight Sunil Singhania's range in picking stocks based on research as opposed to a hunch. While Denta Water has staged nothing short of a turnaround, Himatsingka has seen a volatile last few years when it comes to core financials, especially profits.

But both have 2 things in common, management conviction of a stronger future and backing by Sunil Singhania. It will be fascinating to watch the mystery around these Singhania picks unfold in the coming months. For now, it would be worth a shot to add these stocks to your 2026 watchlist.

Disclaimer:

Note: We have relied on data from www.Screener.in and www.trendlyne.com throughout this article. Only in cases where the data was not available, have we used an alternate, but widely used and accepted source of information.

The purpose of this article is only to share interesting charts, data points and thought-provoking opinions. It is NOT a recommendation. If you wish to consider an investment, you are strongly advised to consult your advisor. This article is strictly for educative purposes only.

About the Author:

Suhel Khan has been a passionate follower of the markets for over a decade. During this period, He was an integral part of a leading Equity Research organisation based in Mumbai as the Head of Sales & Marketing. Presently, he is spending most of his time dissecting the investments and strategies of the Super Investors of India.

Disclosure:

The writer and his dependents do not hold the stocks discussed in this article.