Share the post "Investment & Precision Castings Ltd Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Investment & Precision Castings 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 | 0.26 | 0.26 | 51.91 | 51.91 | 0 |
| Public | 0.24 | 0.24 | 47.72 | 47.7 | -0.02 % |
| DII | 0 | 0 | 0 | 0 | 0 |
| FII | 0 | 0 | 0 | 0 | 0 |
| Government | 0.00 | 0.00 | 0.37 | 0.39 | +0.02 % |
Promoters shareholding remained stable, at 51.91% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. The percentage of shares held by the public decreased from 47.72% in December 2023 to 47.7% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.During both December 2023 and March 2024, Government ownership saw a notable increase, rising to 0.39%, indicating a strengthening of the government’s position in the company over 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 (%) |
|---|---|---|---|---|---|
| VISHAKHA PIYUSH TAMBOLI | 0 | 0.033 | 0 | 6.66 | +6.66% |
| KAVYA PIYUSH TAMBOLI | 0 | 0.001 | 0 | 0.26 | +0.26% |
| VISHAKHA PIYUSH TAMBOL | 0.033 | 0 | 6.66 | 0 | -6.66% |
| KAVYA PIYUSH TAMBOL | 0.001 | 0 | 0.26 | 0 | -0.26% |
VISHAKHA PIYUSH TAMBOLI had no shares in the previous quarter but now holds 6.66% of shares in the current quarter.KAVYA PIYUSH TAMBOLI had no shares in the previous quarter but now holds 0.26% of shares in the current quarter.VISHAKHA PIYUSH TAMBOL had 6.66% of shares in the previous quarter but exited in the current quarter.KAVYA PIYUSH TAMBOL had 0.26% 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 | 0.148 | 0.148 | 29.69 | 29.61 | -0.08 % |
| REKHA N SHAH | 0 | 0.050 | 0 | 10 | +10% |
| Non Resident Indians (NRIs) | 0.016 | 0.016 | 3.13 | 3.24 | + 0.11 % |
| Bodies Corporate | 0.011 | 0.010 | 2.11 | 2.06 | -0.05 % |
Observations indicate a sizeable -0.08 % 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, Non Resident Indians (NRIs) lifts the bar with a remarkable 0.11 % 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.REKHA N SHAH had no shares in the previous quarter but now holds 10% 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 (%) |
|---|---|---|---|---|---|
| Central Government / President of India | 0.002 | 0.002 | 0.37 | 0.39 | + 0.02 % |
In the recent quarter, the government’s shareholding in company experienced a remarkable increase, rising from 0.37% to 0.39%, representing a 0.02 %% surge in its profits compared to the previous quarter. This indicates that the government has increased its control over the company.
