Share the post "Granules India Ltd. Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Granules India 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 | 10.17 | 10.17 | 41.96 | 41.96 | 0 |
| Public | 7.05 | 6.73 | 29.1 | 27.76 | -1.34 % |
| DII | 2.46 | 2.59 | 10.16 | 10.7 | +0.54 % |
| FII | 4.55 | 4.74 | 18.78 | 19.57 | +0.79 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 41.96% 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 increased from 10.16% in December 2023 to 10.7% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.54% . FIIs (Foreign Institutional Investors): There was a significant increase from 18.78% in December 2023 to 19.57% in March 2024. This suggests that foreign institutions grew their investments 0.79 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) | 0.445 | 0.395 | 1.84 | 1.63 | -0.21 % |
| BASAVA SANKARARAO KOLLI | 0 | 0.291 | 0 | 1.2 | +1.2% |
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 3.969 | 3.730 | 16.38 | 15.39 | -0.99 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.973 | 0.967 | 4.01 | 3.99 | -0.02 % |
| Non Resident Indians (NRIs) | 0.399 | 0.435 | 1.64 | 1.8 | + 0.16 % |
| Bodies Corporate | 1.085 | 1.016 | 4.48 | 4.19 | -0.29 % |
| Any Other (specify) | 0.138 | 0.142 | 0.57 | 0.59 | + 0.02 % |
| HUF | 0.131 | 0.133 | 0.54 | 0.55 | + 0.01 % |
| Clearing Members | 0.006 | 0.008 | 0.02 | 0.03 | + 0.01 % |
| BASAVA SANKARA RAO KOLLI | 0.293 | 0 | 1.21 | 0 | -1.21% |
Observations indicate a sizeable -0.21 % 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 -0.99 % 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.Observations indicate a sizeable -0.02 % 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 0.16 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.29 % 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 0.02 % 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 0.01 % 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.BASAVA SANKARARAO KOLLI had no shares in the previous quarter but now holds 1.2% of shares in the current quarter.BASAVA SANKARA RAO KOLLI had 1.21% 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/ | 1.709 | 1.720 | 7.05 | 7.09 | + 0.04 % |
| QUANT MUTUAL FUND – QUANT HEALTHCARE FUND | 0 | 0.534 | 0 | 2.2 | +2.2% |
| ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C | 0.298 | 0.304 | 1.23 | 1.25 | + 0.02 % |
| Insurance Companies | 0.748 | 0.870 | 3.09 | 3.59 | + 0.5 % |
| LIFE INSURANCE CORPORATION OF INDIA | 0.625 | 0.713 | 2.58 | 2.94 | + 0.36 % |
| QUANT MUTUAL FUND-QUANT ELSS TAX SAVER FUND | 0.534 | 0 | 2.2 | 0 | -2.2% |
The latest quarter saw a considerable enhancement in profitability for Mutual Funds/, reflecting an uptick of 0.04 % 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 ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C, 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.The latest quarter saw a considerable enhancement in profitability for Insurance Companies, reflecting an uptick of 0.5 % 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 LIFE INSURANCE CORPORATION OF INDIA, reflecting an uptick of 0.36 % 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 – QUANT HEALTHCARE FUND had no shares in the previous quarter but now holds 2.2% of shares in the current quarter.QUANT MUTUAL FUND-QUANT ELSS TAX SAVER FUND had 2.2% 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 | 4.286 | 4.639 | 17.68 | 19.14 | + 1.46 % |
| SCHRODER INTERNATIONAL SELECTION FUND GLOBAL EMERG | 0 | 0.353 | 0 | 1.46 | +1.46% |
| AB SICAV I – INTERNATIONAL HEALTH CARE PORTFOLIO | 0 | 0.256 | 0 | 1.05 | +1.05% |
| FIDELITY FUNDS – ASIAN SMALLER COMPANIES POOL | 0.567 | 0.366 | 2.34 | 1.51 | -0.83 % |
| Foreign Portfolio Investors Category II | 0.266 | 0.104 | 1.1 | 0.43 | -0.67 % |
During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 1.46 % in net profit.Profitability dwindled by -0.83 % for FIDELITY FUNDS – ASIAN SMALLER COMPANIES POOL in comparison to the preceding quarter. To secure a foundation for prospective sustainable progress, investigating the factors prompting this decline is vital.Profitability dwindled by -0.67 % 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.SCHRODER INTERNATIONAL SELECTION FUND GLOBAL EMERG had no shares in the previous fiii quarter but now holds 1.46% of shares in the current quarter.AB SICAV I – INTERNATIONAL HEALTH CARE PORTFOLIO had no shares in the previous fiii quarter but now holds 1.05% of shares in the current quarter.
-8
3-Year Profit
22
5-Year Profit
18
10-Year Profit
570
Current Price
13,809
Market Cap
The company associated with BSE code 532482 presents a financial narrative of mixed fortunes. Over a five-year period, the company achieved a profit of 22 percents, which subsequently rose to -8 percents over the three years that followed. Yet, despite this initial growth, the company now faces a troubling trailing twelve-month (TTM) profit loss of -1 percents. What’s particularly striking is the company’s complete absence of reported sales across all analyzed periods, which brings into question the viability of its revenue generation strategies and long-term business sustainability. Moreover, stock prices have been highly volatile, reflecting the company’s uncertain future. While the stock was valued at 41 percents over the last five years, it has recently dropped to 57 percents, underscoring a rapid decline in market confidence. Over the longer ten-year period, the stock price was at 21 percents, illustrating a pattern of fluctuating performance that could pose risks for potential investors.
With a market capitalization of ₹13,809 crore, the company’s stock is currently trading at ₹570, having fluctuated within a range of ₹725 / 319 over the years. The stock's P/E ratio of 28.1 reflects a relatively high valuation compared to its earnings, which could suggest strong future growth expectations or heightened investor demand. The company’s book value is ₹133, representing the total value of its assets on a per-share basis, while the dividend yield of 0.26% offers a modest return to shareholders. ROCE, at 15.4%, highlights the company's efficient use of capital in generating profits, while ROE at 13.4% underscores its ability to generate returns for shareholders. The debt-to-equity ratio of 0.41 is very low, indicating conservative financial management and minimal reliance on borrowed funds. Despite this, the company shows a negative net cash flow of ₹89.5 crore, which could point to cash management challenges or recent heavy investments. The Piotroski score of 3.00 suggests moderate financial strength, while the Graham Number, pegged at ₹247, offers a rough estimate of the stock's intrinsic value. The Price-to-Book (P/B) ratio of 4.28 signals that the stock is trading at a premium, which might reflect investor confidence in the company's growth trajectory.
