Share the post "TANFAC Industries Shareholding pattern update FY(Q1-Jun 2023-2024)"
TANFAC Industries has released its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q1-Jun 2024-2024).This detailed report examines who owns shares, including Promoters, promoter groups, Foreign investors, public investors, and government entities.
| Shareholder Name | Previous Quater Quantity(In Crores) | Current Quater Quantity(In Crores) | Previous Quater Shares(in %) | Current Quater Shares(in %) | Quater to Quater Difference |
|---|---|---|---|---|---|
| Promoters | 0.52 | 0.52 | 51.81 | 51.81 | 0 |
| Public | 0.48 | 0.48 | 48.08 | 48 | -0.08 % |
| DII | 0.00 | 0.00 | 0.11 | 0.19 | +0.08 % |
| FII | 0 | 0 | 0 | 0 | 0 |
| Government | 0 | 0 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 51.81% in both March 2024 and June 2024. This indicates that the promoters’ control over the company did not change during this period. The percentage of shares held by the public decreased from 48.08% in March 2024 to 48% in June 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding increased from 0.11% in March 2024 to 0.19% in June 2024 , indicating that domestic institutions increased their stake in the company by 0.08% .
Let’s look into the statistics of the investors, which could have contributed to the fluctuations in the shareholding pattern.
| Shareholder Name | Previous Quarter Quantity (In Crores) | Current Quarter Quantity (In Crores) | Previous Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
|---|---|---|---|---|---|
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 0.165 | 0.164 | 16.54 | 16.43 | -0.11 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.081 | 0.081 | 8.09 | 8.08 | -0.01 % |
| Non Resident Indians (NRIs) | 0.005 | 0.006 | 0.54 | 0.61 | + 0.07 % |
| Bodies Corporate | 0.161 | 0.161 | 16.17 | 16.13 | -0.04 % |
Observations show a significant difference of -0.11 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.01 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.07 %.Observations show a significant difference of -0.04 % in Bodies Corporate’s financial performance between quarters.
| Shareholder Name | Previous Quarter Quantity (In Crores) | Current Quarter Quantity (In Crores) | Previous Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
|---|---|---|---|---|---|
| Alternate Investment Funds | 0.001 | 0.001 | 0.05 | 0.13 | + 0.08 % |
The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.08 % in their shares.
Ashish Kacholia, Vanaja Sundar Iyer, these shareholders are the Anchor investors of current and previous quarter.
43
3-Year Profit
7
5-Year Profit
34
10-Year Profit
2,278
Current Price
2,273
Market Cap
The financial outlook for the company under BSE code 506854 reveals a significant five-year profit of 7 percents. This marks a notable increase to 43 percents over the last three years, indicating a strong upward trend in the company's financial health during this period. However, it's important to note that recent challenges have impacted the company's performance, leading to a trailing twelve-month loss of -22 percents. This sharp decline in profitability is particularly concerning, as the company has also reported no sales across any analyzed timeframe, suggesting a highly unconventional and perhaps risky operational approach. The company's stock prices mirror this financial volatility, with the stock trading at 80 percents over the past five years but experiencing a dramatic drop to 5 percents within the last year. Over a decade, the stock price was at 63 percents, reflecting long-term concerns regarding the company's stability and future outlook. Such performance poses questions about the sustainability of the business and whether it can rebound from these recent setbacks.
Currently valued at ₹2,273 crore, the company's stock price stands at ₹2,278. Over the years, it has seen significant fluctuations, with its price ranging from ₹2,779 / 1,679, a reflection of its sensitivity to market conditions and investor sentiment. The stock's Price-to-Earnings (P/E) ratio, currently at 43.3, suggests that it is highly valued in comparison to its earnings, possibly indicating strong future growth expectations or a high level of investor confidence. The book value per share is ₹231, which represents the net asset value of the company per share. The dividend yield of 0.29% provides some return to investors, though it may not be the primary attraction for those investing in the stock. The company's Return on Capital Employed (ROCE) is 34.1%, pointing to efficient use of its capital base to generate profits. The Return on Equity (ROE), at 25.3%, highlights the profitability for shareholders. The company's financial health is further underscored by its very low debt-to-equity ratio of 0.00, signaling conservative financial management. However, the net cash flow is negative at ₹-3.35 crore, indicating possible liquidity concerns or heavy investment. The Piotroski score of 5.00 provides a snapshot of its financial stability, while the Graham Number, estimated at ₹523, offers an intrinsic value benchmark. With a Price-to-Book (P/B) ratio of 9.86, the stock seems to be trading at a premium relative to its book value, which could signal strong market expectations or overvaluation risks.
