Mauritian Potentially Undervalued Companies

New Mauritius Hotels

Market Cap: MU₨7.5b

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

Sun

Market Cap: MU₨7.7b

Operates in the tourism sector.

Velogic Holding

Market Cap: MU₨1.7b

Provides supply chain solutions in Mauritius and internationally.

Excelsior United Development Companies

Market Cap: MU₨1.8b

Through its subsidiaries, engages in the beverages, financial services, property, and other diversified products sectors businesses.

Hotelest

Market Cap: MU₨782.9m

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

United Basalt Products

Market Cap: MU₨1.6b

Manufactures and sells building materials primarily in Mauritius, Sri Lanka, and Réunion.

CIEL

Market Cap: MU₨14.9b

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

Swan Life

Market Cap: MU₨3.9b

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

Beau Vallon Hospitality

Market Cap: MU₨632.3m

Owns and operates hotels.

Quality Beverages

Market Cap: MU₨601.2m

Manufactures and distributes beverages in Mauritius.

Grit Real Estate Income Group

Market Cap: MU₨26.5m

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₨898.3m

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

Almarys

Market Cap: MU₨2.4b

Operates agricultural land.

Stevenhills

Market Cap: MU₨1.6b

Operates as a provider of football betting services.

Associated Commercial

Market Cap: MU₨239.5m

Engages in the import and distribution of tyres, tubes, flaps, and spare parts for commercial vehicles in Mauritius.

Grit Real Estate Income Group

Market Cap: US$26.5m

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).

Phoenix Investment

Market Cap: MU₨2.4b

An investment holding company, engages in the production, bottling, and distribution of alcoholic and non-alcoholic drinks in Mauritius and internationally.

United Bus Service

Market Cap: MU₨201.8m

An investment holding company, engages in the bus fleet operation and property development businesses in Mauritius.

Les Moulins de la Concorde Ltée

Market Cap: MU₨777.6m

Engages in the milling of wheat in Mauritius.

Ascencia

Market Cap: MU₨9.3b

n/a

Tropical Paradise

Market Cap: MU₨541.5m

Operates hotels in Mauritius.

Morning Light Co

Market Cap: MU₨735.4m

Owns a resort hotel under the Hilton Mauritius Resort & Spa name.

Lux Island Resorts

Market Cap: MU₨6.6b

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

Mauritius Oil Refineries

Market Cap: MU₨532.5m

Engages in refining of crude edible oil in Mauritius.

Innodis

Market Cap: MU₨824.6m

Engages in the production of poultry and dairy products, poultry farming, animal feed manufacturing, and distribution and marketing of food and grocery products in Mauritius, Mozambique, and Seychelles.

BlueLife

Market Cap: MU₨554.4m

Engages in the land promotion, property development, and hotel and leisure businesses in Mauritius.

Compagnie Immobilière Limitée

Market Cap: MU₨961.7m

Operates as a real estate investment company in Mauritius.