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Bajaj Finance 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 | 33.85 | 33.85 | 54.78 | 54.69 | -0.09 % |
| Public | 27.92 | 27.95 | 10.16 | 10.18 | +0.02 % |
| DII | 8.71 | 8.92 | 14.09 | 14.41 | +0.32 % |
| FII | 12.93 | 12.73 | 20.92 | 20.56 | -0.36 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 54.78% in December 2023 to 54.69% 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 10.16% in December 2023 to 10.18% 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 14.09% in December 2023 to 14.41% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.32% . FIIs (Foreign Institutional Investors) shareholding decreased from 20.92% in December 2023 to 20.56% 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 Quarter Shares (in %) | Current Quarter Shares (in %) | Quarter-to-Quarter Difference (%) |
|---|---|---|---|---|---|
| BAJAJ FINSERV LIMITED | 31.782 | 31.782 | 51.42 | 51.34 | -0.08 % |
BAJAJ FINSERV LIMITED faced a downturn in profitability this quarter, witnessing a decline of -0.08 % 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 (%) |
|---|---|---|---|---|---|
| Directors and their relatives (excluding independent directors and nominee directors) | 0.030 | 0.017 | 0.05 | 0.03 | -0.02 % |
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 4.266 | 4.302 | 6.9 | 6.95 | + 0.05 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.648 | 0.666 | 1.05 | 1.08 | + 0.03 % |
| Bodies Corporate | 0.676 | 0.650 | 1.09 | 1.05 | -0.04 % |
| HUF | 0.161 | 0.157 | 0.26 | 0.25 | -0.01 % |
| Clearing Members | 0.002 | 0.007 | 0 | 0.01 | + 0.01 % |
Observations indicate a sizeable -0.02 % 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.Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital up to Rs. 2 lakhs lifts the bar with a remarkable 0.05 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.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 0.03 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.04 % variance in Bodies Corporate’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 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, Clearing Members lifts the bar with a remarkable 0.01 % 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/ | 6.077 | 5.920 | 9.83 | 9.56 | -0.27 % |
| AXIS Mutual Fund | 1.236 | 1.014 | 2 | 1.64 | -0.36 % |
| SBI Mutual Fund | 1.984 | 1.895 | 3.21 | 3.06 | -0.15 % |
| UTI Mutual Fund | 0.636 | 0.647 | 1.03 | 1.05 | + 0.02 % |
| Alternate Investment Funds | 0.224 | 0.190 | 0.36 | 0.31 | -0.05 % |
| Insurance Companies | 1.817 | 2.205 | 2.94 | 3.56 | + 0.62 % |
| LIFE INSURANCE CORPORATION OF INDIA | 0 | 0.937 | 0 | 1.51 | +1.51% |
| Provident Funds/ Pension Funds | 0.541 | 0.557 | 0.88 | 0.9 | + 0.02 % |
Mutual Funds/ decreased their stake from 9.56% in the previous quarter to 9.83% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.27 %.AXIS Mutual Fund decreased their stake from 1.64% in the previous quarter to 2% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.36 %.SBI Mutual Fund decreased their stake from 3.06% in the previous quarter to 3.21% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.15 %.The latest quarter saw a considerable enhancement in profitability for UTI Mutual Fund, 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.Alternate Investment Funds decreased their stake from 0.31% in the previous quarter to 0.36% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.05 %.The latest quarter saw a considerable enhancement in profitability for Insurance Companies, reflecting an uptick of 0.62 % 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.LIFE INSURANCE CORPORATION OF INDIA had no shares in the previous quarter but now holds 1.51% 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 (%) |
|---|---|---|---|---|---|
| Sovereign Wealth Funds | 2.076 | 2.112 | 3.36 | 3.41 | + 0.05 % |
| GOVERNMENT OF SINGAPORE | 2.076 | 2.112 | 3.36 | 3.41 | + 0.05 % |
| Foreign Portfolio Investors Category I | 10.398 | 10.184 | 16.83 | 16.45 | -0.38 % |
| Foreign Portfolio Investors Category II | 0.452 | 0.429 | 0.73 | 0.69 | -0.04 % |
During this past quarter, there was a noteworthy upswing in profitability for Sovereign Wealth Funds, which experienced a significant increase of 0.05 % in net profit.During this past quarter, there was a noteworthy upswing in profitability for GOVERNMENT OF SINGAPORE, which experienced a significant increase of 0.05 % in net profit.Profitability dwindled by -0.38 % for Foreign Portfolio Investors Category I 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 -0.04 % 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.
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