Share the post "Gujarat Poly Electronics Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Gujarat Poly Electronics 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 | 0.46 | 0.46 | 53.99 | 53.99 | 0 |
| Public | 0.39 | 0.39 | 45.99 | 45.99 | 0 |
| DII | 0.00 | 0.00 | 0.02 | 0.02 | 0 |
| FII | 0 | 0 | 0 | 0 | 0 |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 53.99% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. DIIs (Domestic Institutional Investors) shareholding remained unchanged at 0.02% from December 2023 to March 2024. This indicates that domestic institutions maintained their investment level in the company. 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 (%) |
|---|---|---|---|---|---|
| POLYCHEM LIMITED | 0 | 0.462 | 0 | 53.99 | +53.99% |
| Polychem Limited | 0.462 | 0 | 53.99 | 0 | -53.99% |
Promoters shareholding remained stable, at 53.99% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. DIIs (Domestic Institutional Investors) shareholding remained unchanged at 0.02% from December 2023 to March 2024. This indicates that domestic institutions maintained their investment level in the company. 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.POLYCHEM LIMITED had no shares in the previous quarter but now holds 53.99% of shares in the current quarter.Polychem Limited had 53.99% 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 | 0.290 | 0.285 | 33.92 | 33.36 | -0.56 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.074 | 0.078 | 8.65 | 9.13 | + 0.48 % |
| PANNU BHANSALI | 0 | 0.010 | 0 | 1.12 | +1.12% |
| HITESH RAMJI JAVERI | 0 | 0.020 | 0 | 2.34 | +2.34% |
| HARSHA HITESH JAVERI | 0 | 0.027 | 0 | 3.16 | +3.16% |
| Non Resident Indians (NRIs) | 0.002 | 0.002 | 0.23 | 0.26 | + 0.03 % |
| Bodies Corporate | 0.004 | 0.004 | 0.47 | 0.46 | -0.01 % |
| Any Other (specify) | 0.011 | 0.011 | 1.26 | 1.31 | + 0.05 % |
| HUF | 0.010 | 0.011 | 1.21 | 1.26 | + 0.05 % |
| LLP | 0.000 | 0.000 | 0.05 | 0.04 | -0.01 % |
| ESCROW ACCOUNT | 0 | 0.000 | 0 | 0.01 | +0.01% |
| Pannu Bhansali | 0.010 | 0 | 1.12 | 0 | -1.12% |
| Hitesh Ramji Javeri | 0.020 | 0 | 2.34 | 0 | -2.34% |
| Harsha Hitesh Javeri | 0.027 | 0 | 3.16 | 0 | -3.16% |
Observations indicate a sizeable -0.56 % variance in Resident Individuals holding nominal share capital up to 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, Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs lifts the bar with a remarkable 0.48 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Non Resident Indians (NRIs) lifts the bar with a remarkable 0.03 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.01 % variance in Bodies Corporate’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 0.05 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, HUF lifts the bar with a remarkable 0.05 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.01 % variance in LLP’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.PANNU BHANSALI had no shares in the previous quarter but now holds 1.12% of shares in the current quarter.HITESH RAMJI JAVERI had no shares in the previous quarter but now holds 2.34% of shares in the current quarter.HARSHA HITESH JAVERI had no shares in the previous quarter but now holds 3.16% of shares in the current quarter.ESCROW ACCOUNT had no shares in the previous quarter but now holds 0.01% of shares in the current quarter.Pannu Bhansali had 1.12% of shares in the previous quarter but exited in the current quarter.Hitesh Ramji Javeri had 2.34% of shares in the previous quarter but exited in the current quarter.Harsha Hitesh Javeri had 3.16% of shares in the previous quarter but exited in the current quarter.
Harsha Hitesh Javeri, Hitesh Ramji Javeri, these shareholders are the Anchor investors of current and previous quarter.
26
3-Year Profit
-18
5-Year Profit
0
10-Year Profit
102
Current Price
87.2
Market Cap
In analyzing the financial results for the company marked by BSE code 517288, a clear trend emerges. Over a five-year span, the company reported a profit of -18 percents, which increased to 26 percents in the most recent three-year period, suggesting a strong performance in the early stages of this timeframe. However, this success has been overshadowed by a trailing twelve-month (TTM) loss of -66 percents, signaling significant recent challenges. Compounding this issue is the fact that the company has not reported any sales during any of the timeframes analyzed, raising important questions about its operational model and the sustainability of its current strategies. Investors have been equally wary, as reflected in the stock price performance. The company’s stock traded at 63 percents over the past five years but has recently decreased to 146 percents, indicating a loss of market confidence. Over the last decade, the stock price was at 32 percents, pointing to longer-term concerns that could affect the company's future prospects.
Currently valued at ₹87.2 crore, the company's stock price stands at ₹102. Over the years, it has seen significant fluctuations, with its price ranging from ₹126 / 46.6, a reflection of its sensitivity to market conditions and investor sentiment. The stock's Price-to-Earnings (P/E) ratio, currently at 40.4, 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 ₹10.8, 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 13.9%, pointing to efficient use of its capital base to generate profits. The Return on Equity (ROE), at 26.3%, highlights the profitability for shareholders. The company's financial health is further underscored by its very low debt-to-equity ratio of 1.10, signaling conservative financial management. However, the net cash flow is negative at ₹1.70 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 ₹24.8, offers an intrinsic value benchmark. With a Price-to-Book (P/B) ratio of 9.41, the stock seems to be trading at a premium relative to its book value, which could signal strong market expectations or overvaluation risks.