Shareholding Pattern: Shareholding Pattern SpiceJet Limited An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

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	37.83	37.82	55.28	48.27	-7.01 %
Public	30.60	40.52	44.35	44.61	+0.26 %
DII	0.03	4.23	0.04	5.4	+5.36 %
FII	0.22	1.35	0.33	1.72	+1.39 %
Government	0.00	0.00	0	0	0

Promoters’ shareholding decreased from 55.28% in December 2023 to 48.27% in March 2024. This reduction indicates that the promoters’ control over Company has weakened during this period.The percentage of shares held by the public increased from 44.35% in December 2023 to 44.61% in March 2024.This change suggests that the public’s investment in the company grew during the quarter.DIIs (Domestic Institutional Investors) shareholding increased from 0.04% in December 2023 to 5.4% in March 2024 , indicating that domestic institutions increased their stake in the company by 5.36% . FIIs (Foreign Institutional Investors): There was a significant increase from 0.33% in December 2023 to 1.72% in March 2024. This suggests that foreign institutions grew their investments 1.39 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 (%)
AJAY SINGH HUF	4.653	4.638	6.8	5.92	-0.88 %
AJAY SINGH	29.733	29.733	43.45	37.95	-5.5 %
Spice Healthcare Private Limited	3.417	3.417	4.99	4.36	-0.63 %

AJAY SINGH HUF faced a downturn in profitability this quarter, witnessing a decline of -0.88 % 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.AJAY SINGH faced a downturn in profitability this quarter, witnessing a decline of -5.5 % 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.Spice Healthcare Private Limited faced a downturn in profitability this quarter, witnessing a decline of -0.63 % 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.

Shareholder Name	Previous Quarter Quantity (In Crores)	Current Quarter Quantity (In Crores)	Previous Quater Shares (in %)	Current Quater Shares (in %)	Quater-to-Quater Difference (%)
Key Managerial Personnel	0.042	0.042	0.06	0.05	-0.01 %
Resident Individuals holding nominal share capital up to Rs. 2 lakhs	14.397	13.926	21.04	17.78	-3.26 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	7.014	9.344	10.25	11.93	+ 1.68 %
Non Resident Indians (NRIs)	1.144	1.332	1.67	1.7	+ 0.03 %
Foreign Companies	4.812	4.812	7.03	6.14	-0.89 %
SASOF III AVIATION IRELAND DESIGNATED ACTIVITES	0.872	0.872	1.27	1.11	-0.16 %
SASOF II AVIATION IRELAND LIMITED	0.806	0.806	1.18	1.03	-0.15 %
Bodies Corporate	2.299	4.675	3.36	5.97	+ 2.61 %
Any Other (specify)	0.598	0.762	0.87	0.97	+ 0.1 %
HUF	0.596	0.760	0.87	0.97	+ 0.1 %

Observations indicate a sizeable -0.01 % variance in Key Managerial Personnel’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -3.26 % 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 1.68 % 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 -0.89 % variance in Foreign Companies’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.16 % variance in SASOF III AVIATION IRELAND DESIGNATED ACTIVITES’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.15 % variance in SASOF II AVIATION IRELAND 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, Bodies Corporate lifts the bar with a remarkable 2.61 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Any Other (specify) lifts the bar with a remarkable 0.1 % 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 0.1 % 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/	0.004	4.004	0.01	5.11	+ 5.1 %
ARIES OPPORTUNITIES FUND LIMITED	0	4.000	0	5.11	+5.11%
Alternate Investment Funds	0.020	0.146	0.03	0.19	+ 0.16 %
NBFCs registered with RBI	0.004	0.084	0.01	0.11	+ 0.1 %

The latest quarter saw a considerable enhancement in profitability for Mutual Funds/, reflecting an uptick of 5.1 % 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 Alternate Investment Funds, reflecting an uptick of 0.16 % 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 NBFCs registered with RBI, reflecting an uptick of 0.1 % 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.ARIES OPPORTUNITIES FUND LIMITED had no shares in the previous quarter but now holds 5.11% 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 (%)
Foreign Portfolio Investors Category I	0.207	1.093	0.3	1.4	+ 1.1 %
Foreign Portfolio Investors Category II	0.008	0.247	0.01	0.32	+ 0.31 %
Any Other(Institutions (Foreign))	0.011	0.011	0.02	0.01	-0.01 %
FOREIGN INSTITUTIONAL INVESTORS	0.011	0.011	0.02	0.01	-0.01 %

During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 1.1 % in net profit.During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.31 % in net profit.Profitability dwindled by -0.01 % for Any Other(Institutions (Foreign)) 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 -0.01 % for FOREIGN INSTITUTIONAL INVESTORS in comparison to the preceding quarter. To secure a foundation for prospective sustainable progress, investigating the factors prompting this decline is vital.