Share the post "DIGISPICE TECHNOLOGIES LIMITED Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
DIGISPICE TECHNOLOGIES LIMITED 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 | 16.94 | 16.94 | 73 | 72.97 | -0.03 % |
| Public | 6.27 | 6.26 | 27 | 26.97 | -0.03 % |
| DII | 0.00 | 0.00 | 0 | 0 | 0 |
| FII | 0.00 | 0.01 | 0 | 0.06 | +0.06 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 73% in December 2023 to 72.97% in March 2024. This reduction indicates that the promoters’ control over Company has weakened during this period.DIIs (Domestic Institutional Investors) shareholding remained unchanged at 0% from December 2023 to March 2024. This indicates that domestic institutions maintained their investment level in the company. FIIs (Foreign Institutional Investors): There was a significant increase from 0% in December 2023 to 0.06% in March 2024. This suggests that foreign institutions grew their investments 0.06 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 (%) |
|---|---|---|---|---|---|
| SPICE CONNECT PRIVATE LIMITED | 16.945 | 16.945 | 73 | 72.97 | -0.03 % |
SPICE CONNECT PRIVATE LIMITED faced a downturn in profitability this quarter, witnessing a decline of -0.03 % 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.Rajarshi Modi Private Limited (Formerly known as Smart Global Corporate Holding Private Limited) had no shares in the previous quarter but now holds 0% 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 | 1.638 | 1.720 | 7.06 | 7.41 | + 0.35 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.383 | 0.363 | 1.65 | 1.56 | -0.09 % |
| Non Resident Indians (NRIs) | 0.051 | 0.061 | 0.22 | 0.26 | + 0.04 % |
| Bodies Corporate | 1.313 | 1.234 | 5.66 | 5.31 | -0.35 % |
| MEDIATEK INDIA TECHNOLOGY PRIVATE LIMITED | 1.189 | 1.119 | 5.12 | 4.82 | -0.3 % |
| Any Other (specify) | 2.613 | 2.617 | 11.26 | 11.27 | + 0.01 % |
| Clearing Members | 0.006 | 0.010 | 0.03 | 0.04 | + 0.01 % |
Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital up to Rs. 2 lakhs lifts the bar with a remarkable 0.35 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.09 % 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.Spearheading a savvy charge towards increased profitability, Non Resident Indians (NRIs) lifts the bar with a remarkable 0.04 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.35 % 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 -0.3 % variance in MEDIATEK INDIA TECHNOLOGY PRIVATE LIMITED’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, Any Other (specify) lifts the bar with a remarkable 0.01 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Clearing Members lifts the bar with a remarkable 0.01 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.
| 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 | 0.000 | 0.014 | 0 | 0.06 | + 0.06 % |
During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.06 % in net profit.
48
3-Year Profit
0
5-Year Profit
-18
10-Year Profit
33.4
Current Price
777
Market Cap
Upon examining the financial data for BSE code 517214, it becomes clear that the company achieved a notable five-year profit of 0 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 825 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 44 percents over the five-year period to just -4 percents in the last year. The ten-year average stock price, which sits at 1 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.
Currently valued at ₹777 crore, the company's stock price stands at ₹33.4. Over the years, it has seen significant fluctuations, with its price ranging from ₹52.8 / 23.2, a reflection of its sensitivity to market conditions and investor sentiment. The stock's Price-to-Earnings (P/E) ratio, currently at 37.8, 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 ₹10.6, which represents the net asset value of the company per share. The dividend yield of 0.00% 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 10.7%, pointing to efficient use of its capital base to generate profits. The Return on Equity (ROE), at -3.74%, highlights the profitability for shareholders. The company's financial health is further underscored by its very low debt-to-equity ratio of 0.11, signaling conservative financial management. However, the net cash flow is negative at ₹-8.52 crore, indicating possible liquidity concerns or heavy investment. The Piotroski score of 7.00 provides a snapshot of its financial stability, while the Graham Number, estimated at ₹18.6, offers an intrinsic value benchmark. With a Price-to-Book (P/B) ratio of 3.16, the stock seems to be trading at a premium relative to its book value, which could signal strong market expectations or overvaluation risks.
