Kabra Extrusion Technik Limited
A manufacturer of plastic extrusion machinery, the company specializes in equipment for producing pipes and films used across various industrial applications. Incorporated in 1982 and part of the Kolsite group, it operates two manufacturing facilities located in Daman. The company has diversified into lithium ion battery pack production to expand its product offerings and business segments.
Rakesh Jhunjhunwala's partner of nearly three decades and chief executive of RARE Enterprises, the firm the two built together after meeting in the 1990s. Jhunjhunwala described the partnership as 1 plus 1 equals 11. Practises what he calls terminal value investing, judging a business by what it is worth over a long arc rather than the next few quarters, and looking for megatrends, capable leadership and durable intangibles such as brand. Sells when the reason for owning a company stops being true, whether that is governance, capital allocation or valuation rather than price alone. Also founded the Trust Group, a financial services platform known for its debt capital markets franchise.