Vijay Kedia's portfolio: Ace investor adds SPML Infra and Websol Energy - Stocks that delivered 2,000%+ returns

Vijay Kedia's portfolio: Ace investor Vijay Kedia, often called the 'Warren Buffett of India,' has added two multibagger stocks to his portfolio in the March 2026 quarter. These companies -- SPML Infra and Websol Energy -- have generated more than 2,000% returns in the last five years, making them major wealth creators for investors.

Vijay Kedia has made a fresh investment in SPML Infra and currently holds around 14.98 lakh shares in the company, representing a 1.9 per cent stake. The stock has delivered a massive return of about 2,199 per cent in the last five years. Its price has jumped from around Rs 9.70 five years ago to nearly Rs 223 now.

SPML Infra is an infrastructure development company with over four decades of experience. It works in sectors such as water supply, power, sanitation, and energy storage. Over a longer period, the stock has also created strong wealth.

Since 2001, it has reportedly delivered around 4,700 per cent absolute returns with a CAGR of nearly 17.5 per cent.

The company’s positives include lower debt, strong profit growth over the last five years, and an increase in promoter holding in the latest quarter. However, weak sales growth, lower return on equity, and higher working capital pressure remain concerns.

Websol Energy has emerged as the bigger winner among the two. Vijay Kedia has added around 44.44 lakh shares of the company to his portfolio, holding a 1 per cent stake. The stock has surged about 2682 per cent over the last five years, rising from nearly Rs 4.17 to around Rs 116.

Websol Energy is one of India’s early solar photovoltaic cell manufacturers and has been involved in solar cell and module production for years. The company has benefited from growing interest in renewable energy.

On the positive side, the company has shown strong profit growth and healthy return ratios. But concerns remain over high valuation, low promoter holding, and a large portion of promoter shares being pledged.

Which stock is the winner?

In terms of returns, Websol Energy has outperformed SPML Infra over the last five years, delivering nearly 2,682 per cent gains compared to SPML Infra’s 2,199 per cent. However, both stocks have turned into major multibaggers and are now part of Vijay Kedia’s latest portfolio bets.

(Disclaimer: The above article is meant for informational purposes only and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience consult their financial advisors before making any money-related decisions.)