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

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Veritas (India) 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 1.47 1.47 55.01 55.01 0
Public 1.21 1.21 35.26 35.28 +0.02 %
DII 0 0 0 0 0
FII 0.26 0.26 9.73 9.71 -0.02 %
Government 0.00 0.00 0 0 0
Promoters shareholding remained stable, at 55.01% 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 increased from 35.26% in December 2023 to 35.28% in March 2024.This change suggests that the public’s investment in the company grew during the quarter.FIIs (Foreign Institutional Investors) shareholding decreased from 9.73% in December 2023 to 9.71% in March 2024 ,indicating that foreign institutions reduced their investments by 1.5% in the company during the quarter. This suggests a pullback in their investment .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 (%)
Resident Individuals holding nominal share capital up to Rs. 2 lakhs 0.150 0.148 5.61 5.53 -0.08 %
Non Resident Indians (NRIs) 0.005 0.005 0.2 0.19 -0.01 %
Bodies Corporate 0.178 0.173 6.62 6.44 -0.18 %
Any Other (specify) 0.013 0.022 0.5 0.8 + 0.3 %
HUF 0.011 0.009 0.4 0.33 -0.07 %
LLP 0.003 0.013 0.1 0.47 + 0.37 %
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.Observations indicate a sizeable -0.01 % variance in Non Resident Indians (NRIs)’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.18 % 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 0.3 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.07 % 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, LLP lifts the bar with a remarkable 0.37 % 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 (%)
Foreign Portfolio Investors Category II 0.260 0.260 9.7 9.71 + 0.01 %
Foreign Portfolio Investors Category I 0.001 0 0.03 0 -0.03%
During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.01 % in net profit.Foreign Portfolio Investors Category I had 0.03% of shares in the previous quarter but exited in the current quarter.
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