Latest Dolly Khanna Portfolio and Shareholdings
Dolly Khanna is one of India’s most astute stock investors, known for identifying small- and mid-cap stocks that turn into multi-baggers. Dolly Khanna’s investment philosophy teaches us how to select fundamentally strong companies and build a portfolio over time. This blog will look into her key holdings, sectors and the investment strategies behind her consistent success in the market.
Dolly Khanna’s Investment Portfolio in 2026
From small-cap companies with untapped potential to well-established companies with a proven track record, Dolly Khanna’s portfolio includes a mix of stocks spanning various sectors. Here is Dolly Khanna’s portfolio breakdown of 3 active stocks:
| Stock Name | Holding Value (In cr.) | Shares Held | June 2026 Change (%) | March 2026 Holding (%) |
|---|---|---|---|---|
| Savera Industries Ltd | 3.2 | 203,108 | 0.6 | 1.1% |
| Chennai Petroleum Corporation Ltd | 269.0 | 1,898,724 | -0.0 | 1.3% |
| Prakash Industries Ltd | 45.0 | 3,794,120 | -0.1 | 2.3% |
Disclaimer: Please note that the above table is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.
Who is Dolly Khanna?
Dolly Khanna, a Chennai-based investor, is known as the “Quiet Investor” because she prefers to stay away from the limelight. However, her husband, Rajiv Khanna, manages her portfolio. An IIT-Madras graduate, he started Kwality Milk Foods, a frozen yoghurt company, in 1986, which he later sold to Hindustan Unilever Ltd.
Though she prefers to keep a low profile, Dolly Khanna’s portfolio speaks volumes about her investment acumen. But what sets Dolly Khanna’s portfolio apart? Her ability to spot small- and mid-cap companies often ignored by mainstream investors sets it apart.
Dolly Khanna’s stock strategy is based on:
- Thorough research of the companies
- Focus on businesses with strong fundamentals, unique market positioning and long-term growth potential
She has an eye for growing sectors and has invested in areas such as chemicals, textiles, and FMCG consumer goods.
About Top Stocks in Dolly Khanna’s Portfolio
Let’s look at the top stocks in Dolly Khanna’s portfolio.
Established in 1969, Savera Industries operates in the hospitality sector, primarily through Savera Hotel in Chennai. The company provides accommodation, dining, banqueting and other hospitality services, catering to business and leisure travellers.
Incorporated in 1965, Chennai Petroleum Corporation is a subsidiary of Indian Oil Corporation. It operates petroleum refineries in Tamil Nadu, producing petrol, diesel, aviation turbine fuel, LPG and other petroleum products for domestic markets.
Prakash Industries Ltd is an integrated Indian metals company with operations across steel, power, and mining. Founded in 1980, it manufactures steel products and also has captive power and iron ore mining exposure. The business is positioned around core industrial activity and value-added steel production in India.
Dolly Khanna’s Latest Portfolio Analysis – Sector-Wise Investment
Here’s a sector-wise breakdown of Dolly Khanna’s publicly disclosed holdings as of June 2026.
- Petroleum & Energy: Chennai Petroleum Corporation represents the largest disclosed holding, valued at approximately ₹269 cr. The company operates petroleum refineries, providing exposure to crude oil prices, refining margins and domestic fuel demand.
- Metals & Industrial Materials: Prakash Industries represents Dolly Khanna’s exposure to steel manufacturing and industrial production. Her holding was valued at approximately ₹45 cr, following a 0.14 percentage-point reduction in June 2026.
- Hospitality & Consumer Services: Savera Industries provides exposure to the hospitality sector through its hotel operations. Khanna increased her stake by 0.61 percentage points, taking her disclosed holding to approximately 1.7% in June 2026.
Dolly Khanna Net-Worth Trend
Dolly Khanna’s publicly disclosed portfolio net worth has fluctuated significantly over the past decade. After rising sharply between 2016 and 2018, the portfolio declined through 2020 before recovering in 2021 and 2022. It then fluctuated further, with notable gains in 2024 and 2025.
As of June 2026, Dolly Khanna’s net worth stood at ₹317.19 cr, reflecting a 36.5% decline in the latest reported period. The trend highlights how changes in stock prices, portfolio composition and market conditions can affect the value of her disclosed equity holdings.
Latest Additions in Dolly Khanna’s Investment Portfolio 2026
According to the latest portfolio data, Dolly Khanna increased her holding in the following company:
- Savera Industries Ltd : Dolly Khanna increased her stake in the Chennai-based hospitality company by 0.61% points. The company operates Savera Hotel and has interests in hospitality and food services.
Latest Selling Pattern from Dolly Khanna Portfolio List in 2026
According to the latest shareholding data, Dolly Khanna reduced her stakes in the following two companies:
- Prakash Industries Ltd: Dolly Khanna reduced her stake by 0.14% points. Prakash Industries operates in steel manufacturing, with activities spanning sponge iron, power generation and other industrial products.
- Chennai Petroleum Corporation Ltd: Dolly Khanna reduced her holding in Chennai Petroleum Corporation by 0.02% points. The Indian Oil subsidiary operates petroleum refineries and produces fuels and other petroleum products.
Dolly Khanna Investment Strategy
Dolly Khanna’s investment approach, managed by her husband Rajiv Khanna, focuses on identifying opportunities in lesser-known businesses, particularly across traditional industries. Her June 2026 portfolio changes offer insights into this approach.
- Small-Cap Opportunities: Khanna has historically invested in lesser-known small and mid-cap businesses, including 20 Microns, Savera Industries and Prakash Industries, gaining exposure to companies operating outside India’s most widely followed large-cap universe.
- Traditional Industries: Her portfolio has featured manufacturing, chemicals, sugar, textiles and petroleum businesses. Holdings such as Chennai Petroleum and Prakash Industries demonstrate exposure to established industries where earnings depend on demand and operating cycles.
- Selective Accumulation: During the June 2026 quarter, Khanna increased her stake in Savera Industries by 0.61 percentage points, demonstrating how she can selectively expand exposure to an existing business rather than continuously adding new companies.
- Active Portfolio Rotation: Khanna reduced her Prakash Industries holding by 0.14 percentage points and Chennai Petroleum stake by 0.02 percentage points in June 2026, reflecting adjustments across industrial and petroleum businesses.
- Concentrated Holdings: Her publicly disclosed portfolio narrowed from nine stocks in March 2026 to three in June 2026. This creates greater dependence on individual holdings, although positions below 1% may remain undisclosed.
- Cyclical Exposure: Investments in Chennai Petroleum and Prakash Industries expose her portfolio to refining margins, steel prices, industrial demand and input costs. These industry-specific variables can influence earnings and portfolio valuations across economic cycles.
Learnings from Dolly Khanna Portfolio Strategy
- Look Beyond Popular Stocks: Khanna’s investments in Savera Industries, Prakash Industries and 20 Microns illustrate opportunities beyond widely tracked companies. Studying smaller businesses can reveal different revenue drivers, competitive advantages and industry-specific growth opportunities.
- Reassess Existing Holdings: Her June 2026 purchase of additional Savera Industries shares, alongside reductions in two other companies, demonstrates that an existing portfolio can evolve through selective accumulation and trimming rather than complete exits.
- Understand Industry Cycles: Chennai Petroleum’s profitability depends partly on refining margins, while Prakash Industries faces steel-market fluctuations. Analysing these business-specific cycles helps explain why earnings and share prices may change despite steady operations.
- Recognise Concentration Risk: Her disclosed portfolio net worth fell 36.5% to ₹317.19 cr in the supplied snapshot. This illustrates how substantial fluctuations can affect portfolio value, particularly when exposure is concentrated in fewer reported companies.
- Track Shareholding Changes: Khanna’s disclosed holdings declined from nine companies in March 2026 to three in June 2026. However, investors should distinguish complete exits from holdings falling below the 1% disclosure threshold.
- Evaluate Business Fundamentals: Her March 2026 portfolio included Sharda Cropchem, whose Q3 FY26 revenue grew 39% year-on-year. This shows why company-specific financial performance deserves attention when evaluating businesses in her portfolio.
In a Nutshell…
Dolly Khanna focuses on undervalued small and mid-cap companies with strong fundamentals and long-term growth potential, especially in sectors she knows well. Her disciplined approach has delivered many multibaggers over the years, and her style is widely followed for its consistency. Interest in Dolly Khanna’s portfolio continues to grow as market participants track her sectoral moves and portfolio changes.
Frequently Asked Questions About Dolly Khanna Portfolio
Dolly Khanna is a Chennai-based investor known for identifying multibagger opportunities in the small and mid-cap space. The Dolly Khanna investor portfolio is managed by her husband, Rajiv Khanna, an IIT Madras graduate.
The Dolly Khanna latest portfolio, as of June 2026, includes Chennai Petroleum Corporation, Prakash Industries and Savera Industries. Her publicly disclosed holdings have a combined net worth of approximately ₹317.19 cr across three stocks.
Dolly Khanna’s investment strategy focuses on identifying undervalued small and mid-cap companies with growth potential. Her portfolio reflects a preference for traditional industries, selective accumulation and regular adjustments based on evolving business opportunities. These patterns are visible in Dolly Khanna stock picks across different market cycles.
Dolly Khanna invests in traditional industries such as manufacturing, chemicals, textiles, steel and petroleum refining. Investors studying Dolly Khanna’s best stock picks can review her disclosed holdings to understand her exposure to different business cycles.
Dolly Khanna primarily invests in small and mid-cap companies operating across traditional industries. Investors can use the Dolly Khanna portfolio screener to explore her publicly disclosed holdings and analyse companies based on financial performance, valuation and ownership trends.
Dolly Khanna’s investment style is generally considered bottom-up and growth-focused. Her portfolio often includes smaller companies with established operations and long-term growth potential. Changes in Dolly Khanna net worth also reflect the market performance of these businesses and adjustments to her disclosed holdings.
Know More About Star Investors on smallcase –
Learn More about few of the other star investors, their investment strategies, stocks investments, net worth and much more –
