Mauritian Potentially Undervalued Companies

New Mauritius Hotels

Market Cap: MU₨7.2b

Operates hotels in Mauritius, Europe, Morocco, and internationally.

Velogic Holding

Market Cap: MU₨1.4b

Provides supply chain solutions in Mauritius, France, Kenya, India, Singapore, Madagascar, and Reunion Island.

Hotelest

Market Cap: MU₨936.7m

Through its subsidiary, Constance Hotels Services Limited, owns and operates a group of hotels in Mauritius, the Maldives, Rodrigues, the Seychelles, and Madagascar.

Constance La Gaiete

Market Cap: MU₨744.0m

Engages in the sugar and related activities.

Mauritius Secondary Industries

Market Cap: MU₨28.0m

Engages in the rental of commercial and industrial buildings.

United Basalt Products

Market Cap: MU₨2.2b

Manufactures and sells building materials primarily in Mauritius.

Omnicane

Market Cap: MU₨1.2b

Engages in the generation of electricity in Mauritius, Kenya, and Rwanda.

CIEL

Market Cap: MU₨16.4b

An investment holding company, operates in multiple business sectors in Mauritius, Madagascar, Asia, South Africa, and internationally.

Grit Real Estate Income Group

Market Cap: MU₨40.2m

Grit Real Estate Income Group Limited is the leading Pan-African real estate company focused on investing in, developing and actively managing a diversified portfolio of assets in carefully selected African countries (excluding South Africa).

Lavastone

Market Cap: MU₨952.7m

Acquires, develops, leases, and manages a portfolio of commercial and industrial properties in Mauritius and Rodrigues Island.

Beau Vallon Hospitality

Market Cap: MU₨491.8m

Owns and operates hotels.

Lux Island Resorts

Market Cap: MU₨6.7b

Invests in and operates hotels and resorts in Mauritius, Reunion Island, and Maldives.

ENL

Market Cap: MU₨8.9b

Engages in the agro-industry, commerce and manufacturing, real estate, land and investments, hospitality, finance and technologies, and logistics businesses in Mauritius and internationally.

Grit Real Estate Income Group

Market Cap: US$40.2m

Grit Real Estate Income Group Limited is the leading Pan-African real estate company focused on investing in, developing and actively managing a diversified portfolio of assets in carefully selected African countries (excluding South Africa).

Livestock Feed

Market Cap: MU₨1.9b

Engages in processing animal feeds for animal production and aquaculture industries in Mauritius.

Mauritius Oil Refineries

Market Cap: MU₨565.8m

Engages in refining of crude edible oil in Mauritius.

Sun

Market Cap: MU₨6.9b

Operates in the tourism sector.

Constance Hotels Services

Market Cap: MU₨2.0b

An investment holding company, operates and manages hotels and resorts in Mauritius, the Seychelles, the Maldives, and Madagascar.

Medine

Market Cap: MU₨7.9b

Engages in the planting of sugar cane in Mauritius.

Ascencia

Market Cap: MU₨9.5b

n/a

Arindo Holdings (Mauritius)

Market Cap: US$315.8m

An investment holding company, engages in the trading and brokerage of thermal and metallurgical coals in Singapore and Mauritius.

Swan Life

Market Cap: MU₨4.2b

Engages in life insurance, pensions, actuarial, and investment businesses in Mauritius.

Phoenix Investment

Market Cap: MU₨2.5b

An investment holding company, engages in brewing, bottling, and selling beer in Mauritius and internationally.

Gamma-Civic

Market Cap: MU₨4.4b

An investment holding company, engages in contracting, building materials, lottery and gaming technology, hospitality, properties, and financial services in Mauritius and Madagascar.