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Value Investing Portfolio

Medium Risk

Buy undervalued, sell at fair value

Inspired by Benjamin Graham and Warren Buffett. Find fundamentally strong companies trading below intrinsic value due to temporary market pessimism.

Investment Philosophy

Value investing seeks stocks where the market price is significantly below the company's intrinsic value — calculated through discounted cash flows, asset value, or earnings power. The 'margin of safety' protects against permanent capital loss.

Selection Criteria

  • P/E ratio below industry median or below 20
  • P/B ratio below 2.5 (Graham's criterion)
  • Dividend yield > 1.5% (signals cash flow strength)
  • Debt-to-equity < 1.0
  • Earnings growth positive for at least 3 of 5 years

Top 5 Picks

1. ITC

ITC · FMCG / Diversified

Large Cap

CMP

₹445

P/E

24.8

ROE

29.5%

Div

3.2%

Trades at a discount to FMCG peers (HUL at 55x P/E). FMCG business growing 12%+ with improving margins. Hotels and agri segments provide diversification. Consistent dividend payer.

2. Coal India

COALINDIA · Mining

Large Cap

CMP

₹395

P/E

7.2

ROE

52.8%

Div

5.8%

Trading at just 7x earnings with 50%+ ROE. India's coal demand growing at 5-6% annually. Government backing ensures stable operations. Highest dividend yield among large caps.

3. NTPC

NTPC · Power / Utilities

Large Cap

CMP

₹358

P/E

15.2

ROE

12.8%

Div

2.5%

India's largest power generator at 15x PE vs sector re-rating. Green energy capex of ₹1 lakh Cr planned. Regulated returns provide earnings visibility. Strong order book.

4. Vedanta

VEDL · Metals & Mining

Large Cap

CMP

₹442

P/E

14.5

ROE

25.8%

Div

6.5%

Diversified metals & mining at 14.5x earnings. Aluminium, zinc, and oil & gas provide commodity diversification. High dividend yield of 6.5%. Beneficiary of China+1 trend.

5. ONGC

ONGC · Oil & Gas

Large Cap

CMP

₹265

P/E

8.5

ROE

15.2%

Div

4.2%

India's largest oil producer at just 8.5x earnings. Strategic asset with irreplaceable reserves. Government subsidy burden reducing. KG Basin production ramp-up expected.

Strategy Details

Time Horizon
3–5 years
Risk Level
Medium
Ideal For
Investors comfortable with short-term underperformance who trust fundamental analysis over market sentiment.
Number of Stocks
5
Disclaimer: This stock list is for educational purposes only. The stocks mentioned are not buy/sell recommendations. Prices, P/E ratios, and other metrics are approximate as of April 2026 and may not reflect current values. All investments carry risk, including loss of principal. Consult a SEBI-registered investment advisor before making any investment decisions.