Share the post "Usha Martin Ltd. Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Usha Martin Ltd. has unveiled its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q4-Mar 2023-2024).This comprehensive report offers a deep dive into the company’s shareholding landscape, including details on Promoters, promoter groups, Foreign investors, public investors, and government entities. Through meticulous comparative analysis, it tracks the evolution of shareholding percentages and quantities, highlighting any shifts in ownership dynamics. Investors gain invaluable insights into the company’s ownership structure and the evolving investment landscape.
| 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 | 14.23 | 13.82 | 47.41 | 46.05 | -1.36 % |
| Public | 10.84 | 10.62 | 36.13 | 35.38 | -0.75 % |
| DII | 1.06 | 1.14 | 3.52 | 3.78 | +0.26 % |
| FII | 3.88 | 4.44 | 12.94 | 14.79 | +1.85 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 47.41% in December 2023 to 46.05% in March 2024. This reduction indicates that the promoters’ control over Company has weakened during this period.DIIs (Domestic Institutional Investors) shareholding increased from 3.52% in December 2023 to 3.78% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.26% . FIIs (Foreign Institutional Investors): There was a significant increase from 12.94% in December 2023 to 14.79% in March 2024. This suggests that foreign institutions grew their investments 1.85 in the company during the quarter. During quater from December 2023 to March 2024, Goverenment ownership remained steady at 0%.This indicates that the government’s stake in the company remained consistent during this period.
Let’s delve deeper 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 (%) |
|---|---|---|---|---|---|
| Brij Kishore Jhawar | 0.095 | 0.000 | 0.32 | 0 | -0.32 % |
| Shanti Devi Jhawar | 0.028 | 0.000 | 0.09 | 0 | -0.09 % |
| Peterhouse Investments India Limited | 1.951 | 1.592 | 6.5 | 5.3 | -1.2 % |
| Stuti Raghav Agarwalla | 0 | 0.108 | 0 | 0.36 | +0.36% |
| Susmita Jhawar | 0 | 0.166 | 0 | 0.55 | +0.55% |
| Peterhouse Investments Limited | 0.901 | 0.851 | 3 | 2.83 | -0.17 % |
| STUTI RAGHAV AGARWALLA | 0.108 | 0 | 0.36 | 0 | -0.36% |
| SUSMITA JHAWAR | 0.044 | 0 | 0.15 | 0 | -0.15% |
Brij Kishore Jhawar faced a downturn in profitability this quarter, witnessing a decline of -0.32 % in profits compared to the previous quarter. Delving into the underlying factors driving this shift is crucial for charting a path towards sustained financial growth.Shanti Devi Jhawar faced a downturn in profitability this quarter, witnessing a decline of -0.09 % in profits compared to the previous quarter. Delving into the underlying factors driving this shift is crucial for charting a path towards sustained financial growth.Peterhouse Investments India Limited faced a downturn in profitability this quarter, witnessing a decline of -1.2 % in profits compared to the previous quarter. Delving into the underlying factors driving this shift is crucial for charting a path towards sustained financial growth.Peterhouse Investments Limited faced a downturn in profitability this quarter, witnessing a decline of -0.17 % in profits compared to the previous quarter. Delving into the underlying factors driving this shift is crucial for charting a path towards sustained financial growth.Stuti Raghav Agarwalla had no shares in the previous quarter but now holds 0.36% of shares in the current quarter.Susmita Jhawar had no shares in the previous quarter but now holds 0.55% of shares in the current quarter.STUTI RAGHAV AGARWALLA had 0.36% of shares in the previous quarter but exited in the current quarter.SUSMITA JHAWAR had 0.15% 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 (%) |
|---|---|---|---|---|---|
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 4.187 | 4.352 | 13.95 | 14.5 | + 0.55 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 2.131 | 1.765 | 7.1 | 5.88 | -1.22 % |
| Non Resident Indians (NRIs) | 0.203 | 0.199 | 0.68 | 0.66 | -0.02 % |
| Bodies Corporate | 3.777 | 3.759 | 12.58 | 12.53 | -0.05 % |
| Orissa Re Rollers Private Limited | 0 | 0.310 | 0 | 1.03 | +1.03% |
| Any Other (specify) | 0.431 | 0.427 | 1.43 | 1.42 | -0.01 % |
| HUF | 0.417 | 0.426 | 1.39 | 1.42 | + 0.03 % |
| Clearing Members | 0.013 | 0.000 | 0.04 | 0 | -0.04 % |
| AJAY UPADHYAYA | 0.350 | 0 | 1.17 | 0 | -1.17% |
| ORISSA RE ROLLERS PRIVATE LIMITED | 0.310 | 0 | 1.03 | 0 | -1.03% |
Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital up to Rs. 2 lakhs lifts the bar with a remarkable 0.55 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -1.22 % variance in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.02 % variance in Non Resident Indians (NRIs)’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.05 % variance in Bodies Corporate’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.01 % variance in Any Other (specify)’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Spearheading a savvy charge towards increased profitability, HUF lifts the bar with a remarkable 0.03 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.04 % variance in Clearing Members’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Orissa Re Rollers Private Limited had no shares in the previous quarter but now holds 1.03% of shares in the current quarter.AJAY UPADHYAYA had 1.17% of shares in the previous quarter but exited in the current quarter.ORISSA RE ROLLERS PRIVATE LIMITED had 1.03% 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/ | 1.021 | 1.065 | 3.4 | 3.55 | + 0.15 % |
| QUANT MUTUAL FUND A/C QUANT INFRASTRUCTURE FUND | 0 | 0.934 | 0 | 3.11 | +3.11% |
| NBFCs registered with RBI | 0.020 | 0.056 | 0.07 | 0.19 | + 0.12 % |
| QUANT MUTUAL FUND | 0.799 | 0 | 2.66 | 0 | -2.66% |
The latest quarter saw a considerable enhancement in profitability for Mutual Funds/, reflecting an uptick of 0.15 % in their net earnings. Such an outcome implies the successful implementation of sound cost optimization techniques and increased income sources, ultimately highlighting the favorable effect of the investor on the corporation’s overall monetary welfare.The latest quarter saw a considerable enhancement in profitability for NBFCs registered with RBI, reflecting an uptick of 0.12 % in their net earnings. Such an outcome implies the successful implementation of sound cost optimization techniques and increased income sources, ultimately highlighting the favorable effect of the investor on the corporation’s overall monetary welfare.QUANT MUTUAL FUND A/C QUANT INFRASTRUCTURE FUND had no shares in the previous quarter but now holds 3.11% of shares in the current quarter.QUANT MUTUAL FUND had 2.66% 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 (%) |
|---|---|---|---|---|---|
| Foreign Portfolio Investors Category I | 3.803 | 4.341 | 12.67 | 14.46 | + 1.79 % |
| TATA INDIAN OPPORTUNITIES FUND | 0 | 0.503 | 0 | 1.68 | +1.68% |
| INDIA OPPORTUNITIES GROWTH FUND LTD – PINEWOOD STRATEGY | 1.384 | 1.457 | 4.61 | 4.85 | + 0.24 % |
| Foreign Portfolio Investors Category II | 0.080 | 0.097 | 0.27 | 0.32 | + 0.05 % |
During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 1.79 % in net profit.During this past quarter, there was a noteworthy upswing in profitability for INDIA OPPORTUNITIES GROWTH FUND LTD – PINEWOOD STRATEGY, which experienced a significant increase of 0.24 % in net profit.During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.05 % in net profit.TATA INDIAN OPPORTUNITIES FUND had no shares in the previous fiii quarter but now holds 1.68% of shares in the current quarter.
Ajay Upadhyaya, these shareholders are the Anchor investors of current and previous quarter.
48
3-Year Profit
44
5-Year Profit
37
10-Year Profit
367
Current Price
11,139
Market Cap
Upon examining the financial data for BSE code 517146, it becomes clear that the company achieved a notable five-year profit of 44 percents, which impressively increased to 48 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 31 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 68 percents over the five-year period to just 4 percents in the last year. The ten-year average stock price, which sits at 31 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 has a market capitalization of ₹11,139 crore and is currently trading at a stock price of ₹367. Over time, the stock has fluctuated between the historical highs and lows of ₹428 / 253, reflecting the market's volatility. With a Price-to-Earnings (P/E) ratio of 26.1, the stock appears highly valued, indicating that investors are willing to pay a premium for its earnings potential. The company's book value per share stands at ₹78.1, showcasing the underlying asset value. Additionally, the dividend yield is 0.75%, suggesting that the company offers shareholders a moderate return on their investment in the form of dividends. The Return on Capital Employed (ROCE) is 22.1%, indicating the efficiency with which the company generates profit from its capital. Meanwhile, the Return on Equity (ROE) is 19.2%, highlighting the profitability relative to shareholder equity. Despite these figures, the company maintains a very low debt-to-equity ratio of 0.15, signaling minimal leverage. It also reports a net cash flow of ₹-0.38 crore, reflecting the company's ability to generate cash. The Piotroski score is 8.00, a measure of the company's financial strength, while the Graham Number estimates the intrinsic value of the stock at ₹157. The Price-to-Book (P/B) ratio of 4.70 further suggests that the stock is trading at a premium relative to its book value, potentially reflecting positive market sentiment or expectations of future growth.
