Share the post "Adani Ports and Special Economic Zone Ltd Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Adani Ports and Special Economic Zone 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 | 142.34 | 142.34 | 65.89 | 65.89 | 0 |
| Public | 15.95 | 15.77 | 7.38 | 7.3 | -0.08 % |
| DII | 25.94 | 25.55 | 12.01 | 11.83 | -0.18 % |
| FII | 31.79 | 32.35 | 14.72 | 14.98 | +0.26 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 65.89% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. Domestic Institutional Investor’s (DII) shareholding decreased slightly from 12.01% in December 2023 to 11.83% in March 2024 , indicating that domestic institutions reduced their -0.18 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 14.72% in December 2023 to 14.98% in March 2024. This suggests that foreign institutions grew their investments 0.26 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 Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
|---|---|---|---|---|---|
| Directors and their relatives (excluding independent directors and nominee directors) | 0.197 | 0.040 | 0.09 | 0.02 | -0.07 % |
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 7.457 | 7.341 | 3.45 | 3.4 | -0.05 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 2.714 | 2.833 | 1.26 | 1.31 | + 0.05 % |
| Bodies Corporate | 3.949 | 3.843 | 1.83 | 1.78 | -0.05 % |
| Any Other (specify) | 1.292 | 1.362 | 0.6 | 0.63 | + 0.03 % |
| HUF | 0.286 | 0.269 | 0.13 | 0.12 | -0.01 % |
| Body Corp-Ltd Liability Partnership | 1.004 | 1.083 | 0.46 | 0.5 | + 0.04 % |
Observations indicate a sizeable -0.07 % variance in Directors and their relatives (excluding independent directors and nominee directors)’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 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 0.05 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.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.Spearheading a savvy charge towards increased profitability, Any Other (specify) 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 HUF’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, Body Corp-Ltd Liability Partnership lifts the bar with a remarkable 0.04 % 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 (%) |
|---|---|---|---|---|---|
| Mutual Funds/ | 7.509 | 6.711 | 3.48 | 3.11 | -0.37 % |
| Alternate Investment Funds | 0.056 | 0.121 | 0.03 | 0.06 | + 0.03 % |
| Insurance Companies | 18.078 | 18.402 | 8.37 | 8.52 | + 0.15 % |
| Provident Funds/ Pension Funds | 0.291 | 0.315 | 0.13 | 0.15 | + 0.02 % |
Mutual Funds/ decreased their stake from 3.11% in the previous quarter to 3.48% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.37 %.The latest quarter saw a considerable enhancement in profitability for Alternate Investment Funds, reflecting an uptick of 0.03 % 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 Insurance Companies, 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 Provident Funds/ Pension Funds, reflecting an uptick of 0.02 % 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.
| 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 | 28.451 | 29.805 | 13.17 | 13.8 | + 0.63 % |
| Gqg Partners Emerging Markets Equity Fund | 2.890 | 3.052 | 1.34 | 1.41 | + 0.07 % |
| Goldman Sachs Trust Ii – Goldman Sachs Gqg Partners International Opportunities Fund | 5.238 | 5.736 | 2.42 | 2.66 | + 0.24 % |
| Foreign Portfolio Investors Category II | 3.323 | 2.531 | 1.54 | 1.17 | -0.37 % |
During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.63 % in net profit.During this past quarter, there was a noteworthy upswing in profitability for Gqg Partners Emerging Markets Equity Fund, which experienced a significant increase of 0.07 % in net profit.During this past quarter, there was a noteworthy upswing in profitability for Goldman Sachs Trust Ii – Goldman Sachs Gqg Partners International Opportunities Fund, which experienced a significant increase of 0.24 % in net profit.Profitability dwindled by -0.37 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter. To secure a foundation for prospective sustainable progress, investigating the factors prompting this decline is vital.
2
3-Year Profit
-5
5-Year Profit
1
10-Year Profit
1,442
Current Price
3,11,578
Market Cap
Upon examining the financial data for BSE code 532921, it becomes clear that the company achieved a notable five-year profit of -5 percents, which impressively increased to 2 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 15 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 29 percents over the five-year period to just 70 percents in the last year. The ten-year average stock price, which sits at 18 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 ₹3,11,578 crore and is currently trading at ₹1,442 per share. Historically, the stock has fluctuated within a range of ₹1,621 / 754, reflecting both the opportunities and risks that investors perceive in the company. The P/E ratio, at 31.2, is relatively high, suggesting that the market has priced in substantial future growth or is willing to pay a premium for the company’s current earnings. The book value per share stands at ₹244, which reflects the net asset value of the company divided by the number of outstanding shares. The dividend yield is 0.42%, providing shareholders with a consistent return on their investment. ROCE is 12.9%, indicating how well the company is using its capital to generate profits, while ROE at 18.1% highlights the returns generated from shareholders' equity. The debt-to-equity ratio is 0.94, signaling low financial leverage, which is typically seen as a positive indicator of financial health. However, the company’s negative net cash flow of ₹450 crore might raise concerns about its cash generation capabilities or capital expenditures. With a Piotroski score of 8.00, the company's financial stability is evaluated on several factors. Finally, the Graham Number, at ₹481, provides an estimate of the stock’s intrinsic value, while the Price-to-Book (P/B) ratio of 5.90 highlights that the stock is trading at a premium to its book value, potentially reflecting positive market sentiment or overvaluation risks.
