Share the post "Spentex Industries Shareholding pattern update FY(Q1-Jun 2024-2025)"
Spentex 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 | 3.78 | 0.99 | 42.1 | 95 | +52.9 % |
| Public | 5.20 | 0.05 | 57.87 | 5 | -52.87 % |
| DII | 0.00 | 0.00 | 0.03 | 0 | -0.03 % |
| FII | 0.00 | 0.00 | 0 | 0 | 0 |
| Government | 0 | 0 | 0 | 0 | 0 |
Promoters’ shareholding increased from 42.1% in March 2024 to 95% in June 2024. This rise indicates that the promoters have strengthened their control over Company during this period.The percentage of shares held by the public decreased from 57.87% in March 2024 to 5% in June 2024.This reduction indicates that the public’s stake in the company diminished during this period.Domestic Institutional Investor’s (DII) shareholding decreased slightly from 0.03% in March 2024 to 0% in June 2024 , indicating that domestic institutions reduced their -0.03 stake in the company.FIIs (Foreign Institutional Investors) shareholding remained at 0% from March 2024 to June 2024. , indicating no change in the investment levels by foreign institutions in the company.
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 Quarter Shares (in %) | Current Quarter Shares (in %) | Quarter-to-Quarter Difference (%) |
|---|---|---|---|---|---|
| MUKUND CHOUDHARY | 0.527 | 0.000 | 5.87 | 0 | -5.87 % |
| KAPIL CHOUDHARY | 0.523 | 0.000 | 5.82 | 0 | -5.82 % |
| AJAY KUMAR CHOUDHARY | 0.446 | 0.000 | 4.97 | 0 | -4.97 % |
| JYOTI CHOUDHARY | 0.177 | 0.000 | 1.97 | 0 | -1.97 % |
| RITU CHOUDHARY | 0.156 | 0.000 | 1.74 | 0 | -1.74 % |
| LEKHA DEVI CHOUDHARY | 0.010 | 0.000 | 0.11 | 0 | -0.11 % |
| CHIRANJILAL CHOUDHARY | 0.004 | 0.000 | 0.05 | 0 | -0.05 % |
| CLC TECHNOLOGIES PRIVATE LIMITED | 1.830 | 0.000 | 20.38 | 0 | -20.38 % |
| C.L.C & SONS PVT. LTD | 0.106 | 0.000 | 1.19 | 0 | -1.19 % |
| Manjeet Cotton Private Limited | 0 | 0.987 | 0 | 95 | +95% |
MUKUND CHOUDHARY faced a downturn in stakeholding this quarter, witnessing a decline of -5.87 % in stakeholding compared to the previous quarter.KAPIL CHOUDHARY faced a downturn in stakeholding this quarter, witnessing a decline of -5.82 % in stakeholding compared to the previous quarter.AJAY KUMAR CHOUDHARY faced a downturn in stakeholding this quarter, witnessing a decline of -4.97 % in stakeholding compared to the previous quarter.JYOTI CHOUDHARY faced a downturn in stakeholding this quarter, witnessing a decline of -1.97 % in stakeholding compared to the previous quarter.RITU CHOUDHARY faced a downturn in stakeholding this quarter, witnessing a decline of -1.74 % in stakeholding compared to the previous quarter.LEKHA DEVI CHOUDHARY faced a downturn in stakeholding this quarter, witnessing a decline of -0.11 % in stakeholding compared to the previous quarter.CHIRANJILAL CHOUDHARY faced a downturn in stakeholding this quarter, witnessing a decline of -0.05 % in stakeholding compared to the previous quarter.CLC TECHNOLOGIES PRIVATE LIMITED faced a downturn in stakeholding this quarter, witnessing a decline of -20.38 % in stakeholding compared to the previous quarter.C.L.C & SONS PVT. LTD faced a downturn in stakeholding this quarter, witnessing a decline of -1.19 % in stakeholding compared to the previous quarter.Manjeet Cotton Private Limited had no shares in the previous quarter but now holds 95% of shares in the current quarter.
| 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 | 1.557 | 0.044 | 17.35 | 4.22 | -13.13 % |
| Non Resident Indians (NRIs) | 0.027 | 0.000 | 0.3 | 0.03 | -0.27 % |
| Bodies Corporate | 0.667 | 0.007 | 7.43 | 0.64 | -6.79 % |
| Any Other (specify) | 0.007 | 0.001 | 0.08 | 0.11 | + 0.03 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 2.937 | 0 | 32.71 | 0 | -32.71% |
| AMIT KARAWAT | 0.137 | 0 | 1.53 | 0 | -1.53% |
| ASHISH CHOUDHARY | 1.226 | 0 | 13.66 | 0 | -13.66% |
Observations show a significant difference of -13.13 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.27 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -6.79 % in Bodies Corporate’s financial performance between quarters.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.03 %.Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs had 32.71% of shares in the previous quarter but exited in the current quarter.AMIT KARAWAT had 1.53% of shares in the previous quarter but exited in the current quarter.ASHISH CHOUDHARY had 13.66% of shares in the previous quarter but exited in the current quarter.
| Shareholder Name | Previous Quarter Quantity (In Crores) | Current Quarter Quantity (In Crores) | Previous Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
|---|---|---|---|---|---|
| Mutual Funds/ | 0.002 | 0.000 | 0.02 | 0 | -0.02 % |
Mutual Funds/ decreased their stake from 0% in the previous quarter to 0.02% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.02 %.
0
3-Year Profit
-8
5-Year Profit
0
10-Year Profit
2.80
Current Price
25.1
Market Cap
Upon examining the financial data for BSE code 521082, it becomes clear that the company achieved a notable five-year profit of -8 percents, which impressively increased to 0 percents in the three-year window. This upward trajectory, however, has been overshadowed by the latest trailing twelve-month (TTM) figures, which indicate a concerning loss of -322 percents. This financial loss is further compounded by the fact that the company has not recorded any sales across any of the timeframes under consideration. Such an unusual situation might suggest that the company operates under an unconventional business model, which could potentially carry higher risks. In terms of stock performance, the company’s stock price has seen a decline, falling from 52 percents over the five-year period to just 12 percents in the last year. The ten-year average stock price, which sits at -6 percents, highlights long-term volatility, casting doubt on the company's ability to sustain its market position over time. This warrants further investigation into the factors driving these fluctuations.
The company currently holds a market cap of ₹25.1 crore, with its stock trading at ₹2.80. Historically, the stock has fluctuated between ₹2.80 / 2.12, reflecting its performance in response to market dynamics and various economic factors. The company's Price-to-Earnings (P/E) ratio stands at , indicating that the stock is perceived as highly valued by the market, possibly driven by expectations of future earnings growth. The book value per share is ₹-100, which offers insight into the company's intrinsic worth, while its dividend yield of 0.00% provides a steady return for long-term investors. Return on Capital Employed (ROCE) is %, showcasing the company’s ability to generate profits from its capital investments. Return on Equity (ROE) is %, highlighting how efficiently the company uses shareholder funds to generate profits. The debt-to-equity ratio is very low at , which is a positive indicator of financial stability. However, the company’s net cash flow of ₹-0.92 crore raises concerns about its liquidity position. The Piotroski score of 4.00 reflects the company’s overall financial health, while the Graham Number of ₹ suggests the stock's intrinsic value. Despite these factors, the Price-to-Book (P/B) ratio of indicates that the stock is trading at a premium to its book value, which might imply market optimism about the company's future growth prospects.
