Mauritian Potentially Undervalued Companies

Velogic Holding

Market Cap: MU₨1.6b

Provides supply chain solutions in Mauritius and internationally.

Sun

Market Cap: MU₨7.5b

Operates in the tourism sector.

New Mauritius Hotels

Market Cap: MU₨7.7b

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

Excelsior United Development Companies

Market Cap: MU₨1.7b

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

United Basalt Products

Market Cap: MU₨1.5b

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

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.

Swan Life

Market Cap: MU₨3.9b

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

Lavastone

Market Cap: MU₨843.8m

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

Lux Island Resorts

Market Cap: MU₨6.7b

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

Grit Real Estate Income Group

Market Cap: MU₨28.4m

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).

Quality Beverages

Market Cap: MU₨615.9m

Manufactures and distributes beverages in Mauritius.

Beau Vallon Hospitality

Market Cap: MU₨702.6m

Owns and operates hotels.

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.

Automatic Systems

Market Cap: MU₨216.5m

Operates a totalisator system (Tote) of betting on horse races in Mauritius.

Grit Real Estate Income Group

Market Cap: US$28.4m

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).

Stevenhills

Market Cap: MU₨1.5b

Provides football betting services in Europe, Africa, Asia, and internationally.

Livestock Feed

Market Cap: MU₨1.7b

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

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.

Mauritius Secondary Industries

Market Cap: MU₨28.0m

Engages in the rental of commercial and industrial buildings.

Ascencia

Market Cap: MU₨9.3b

n/a

Les Moulins de la Concorde Ltée

Market Cap: MU₨777.6m

Engages in the milling of wheat in Mauritius.

Constance Hotels Services

Market Cap: MU₨1.6b

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

Tropical Paradise

Market Cap: MU₨567.2m

Operates hotels in Mauritius.

Morning Light Co

Market Cap: MU₨735.4m

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

BlueLife

Market Cap: MU₨542.8m

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.

ER Group

Market Cap: MU₨11.0b

Operates in agribusiness, real estate, hospitality and travel, logistics, finance, commerce and manufacturing, and technology and energy sectors.

Innodis

Market Cap: MU₨844.8m

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.