Share the post "Filatex India Shareholding pattern update FY(Q1-Jun 2024-2025)"
Filatex India 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 | 28.74 | 28.74 | 64.76 | 64.76 | 0 |
| Public | 15.64 | 15.64 | 26.95 | 27.69 | +0.74 % |
| DII | 1.04 | 1.04 | 2.35 | 2.35 | 0 |
| FII | 2.63 | 2.31 | 5.94 | 5.2 | -0.74 % |
| Government | 0 | 0 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 64.76% 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 increased from 26.95% in March 2024 to 27.69% in June 2024.This change suggests that the public’s investment in the company grew during the quarter.DIIs (Domestic Institutional Investors) shareholding remained unchanged at 2.35% from March 2024 to June 2024. This indicates that domestic institutions maintained their investment level in the company. FIIs (Foreign Institutional Investors) shareholding decreased from 5.94% in March 2024 to 5.2% in June 2024 ,indicating that foreign institutions reduced their investments by 1.5% in the company during the quarter. This suggests a pullback in their investment .
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 (%) |
|---|---|---|---|---|---|
| Directors and their relatives (excluding independent directors and nominee directors) | 0.096 | 0.029 | 0.22 | 0.07 | -0.15 % |
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 4.778 | 5.478 | 10.76 | 12.34 | + 1.58 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 2.233 | 2.141 | 5.03 | 4.82 | -0.21 % |
| Non Resident Indians (NRIs) | 0.132 | 0.131 | 0.3 | 0.29 | -0.01 % |
| Bodies Corporate | 1.474 | 1.286 | 3.32 | 2.9 | -0.42 % |
| Any Other (specify) | 3.076 | 3.050 | 6.93 | 6.87 | -0.06 % |
| LLP | 2.350 | 2.316 | 5.29 | 5.22 | -0.07 % |
| HUF | 0.726 | 0.733 | 1.64 | 1.65 | + 0.01 % |
Observations show a significant difference of -0.15 % in Directors and their relatives (excluding independent directors and nominee directors)’s financial performance between quarters.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 1.58 %.Observations show a significant difference of -0.21 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.01 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.42 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.06 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.07 % in LLP’s financial performance between quarters.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.01 %.
| Shareholder Name | Previous Quarter Quantity (In Crores) | Current Quarter Quantity (In Crores) | Previous Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
|---|---|---|---|---|---|
| Foreign Portfolio Investors Category I | 2.555 | 2.305 | 5.76 | 5.19 | -0.57 % |
| ELM PARK FUND LIMITED | 1.936 | 1.929 | 4.36 | 4.34 | -0.02 % |
| Foreign Portfolio Investors Category II | 0.080 | 0.004 | 0.18 | 0.01 | -0.17 % |
Stakeholding dwindled by -0.57 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.Stakeholding dwindled by -0.02 % for ELM PARK FUND LIMITED in comparison to the preceding quarter.Stakeholding dwindled by -0.17 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.
-13
3-Year Profit
6
5-Year Profit
28
10-Year Profit
63.8
Current Price
2,833
Market Cap
The company associated with BSE code 526227 presents a financial narrative of mixed fortunes. Over a five-year period, the company achieved a profit of 6 percents, which subsequently rose to -13 percents over the three years that followed. Yet, despite this initial growth, the company now faces a troubling trailing twelve-month (TTM) profit loss of 95 percents. What’s particularly striking is the company’s complete absence of reported sales across all analyzed periods, which brings into question the viability of its revenue generation strategies and long-term business sustainability. Moreover, stock prices have been highly volatile, reflecting the company’s uncertain future. While the stock was valued at 28 percents over the last five years, it has recently dropped to 35 percents, underscoring a rapid decline in market confidence. Over the longer ten-year period, the stock price was at 36 percents, illustrating a pattern of fluctuating performance that could pose risks for potential investors.
With a market capitalization of ₹2,833 crore, the company’s stock is currently trading at ₹63.8, having fluctuated within a range of ₹78.0 / 44.0 over the years. The stock's P/E ratio of 34.0 reflects a relatively high valuation compared to its earnings, which could suggest strong future growth expectations or heightened investor demand. The company’s book value is ₹10.8, representing the total value of its assets on a per-share basis, while the dividend yield of 0.31% offers a modest return to shareholders. ROCE, at 16.9%, highlights the company's efficient use of capital in generating profits, while ROE at 19.4% underscores its ability to generate returns for shareholders. The debt-to-equity ratio of 1.28 is very low, indicating conservative financial management and minimal reliance on borrowed funds. Despite this, the company shows a negative net cash flow of ₹15.2 crore, which could point to cash management challenges or recent heavy investments. The Piotroski score of 8.00 suggests moderate financial strength, while the Graham Number, pegged at ₹21.8, offers a rough estimate of the stock's intrinsic value. The Price-to-Book (P/B) ratio of 5.88 signals that the stock is trading at a premium, which might reflect investor confidence in the company's growth trajectory.
