Share the post "Shareholding Pattern: Shareholding Pattern Coromandel International Limited An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Coromandel International 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 |
16.88 |
16.88 |
57.33 |
57.32 |
-0.01 % |
Public |
12.56 |
12.57 |
14.71 |
14.67 |
-0.04 % |
DII
|
5.96 |
6.09 |
20.25 |
20.67 |
+0.42 % |
FII
|
2.27 |
2.16 |
7.71 |
7.34 |
-0.37 % |
Government
|
0.00 |
0.00 |
0 |
0 |
0 |
Promoters’ shareholding decreased from 57.33% in December 2023 to 57.32% 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 decreased from 14.71% in December 2023 to 14.67% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding increased from 20.25% in December 2023 to 20.67% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.42% . FIIs (Foreign Institutional Investors) shareholding decreased from 7.71% in December 2023 to 7.34% 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 (%) |
Key Managerial Personnel |
0.004 |
0.006 |
0.01 |
0.02 |
+ 0.01 % |
Resident Individuals holding nominal share capital up to Rs. 2 lakhs |
2.581 |
2.547 |
8.77 |
8.65 |
-0.12 % |
Non Resident Indians (NRIs) |
0.209 |
0.203 |
0.71 |
0.69 |
-0.02 % |
Bodies Corporate |
0.259 |
0.255 |
0.88 |
0.87 |
-0.01 % |
Any Other (specify) |
0.081 |
0.111 |
0.28 |
0.38 |
+ 0.1 % |
GROUPE CHIMIQUE TUNISIEN |
0.480 |
0 |
1.63 |
0 |
-1.63% |
Trusts |
0.007 |
0 |
0.02 |
0 |
-0.02% |
HUF |
0.063 |
0 |
0.22 |
0 |
-0.22% |
Clearing Members |
0.010 |
0 |
0.03 |
0 |
-0.03% |
Spearheading a savvy charge towards increased profitability, Key Managerial Personnel lifts the bar with a remarkable 0.01 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.12 % 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 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 -0.01 % 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 0.1 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.GROUPE CHIMIQUE TUNISIEN had 1.63% of shares in the previous quarter but exited in the current quarter.Trusts had 0.02% of shares in the previous quarter but exited in the current quarter.HUF had 0.22% of shares in the previous quarter but exited in the current quarter.Clearing Members had 0.03% 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/ |
4.864 |
4.637 |
16.52 |
15.75 |
-0.77 % |
Alternate Investment Funds |
0.162 |
0.178 |
0.55 |
0.6 |
+ 0.05 % |
Insurance Companies |
0.912 |
1.216 |
3.1 |
4.13 |
+ 1.03 % |
Provident Funds/ Pension Funds |
0.011 |
0.042 |
0.04 |
0.14 |
+ 0.1 % |
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL F |
0.465 |
0 |
1.58 |
0 |
-1.58% |
SBI NIFTY 200 QUALITY 30 ETF |
0.529 |
0 |
1.8 |
0 |
-1.8% |
UTI ELSS TAX SAVER FUND |
0.400 |
0 |
1.36 |
0 |
-1.36% |
KOTAK EQUITY HYBRID |
1.442 |
0 |
4.9 |
0 |
-4.9% |
DSP REGULAR SAVINGS FUND |
0.911 |
0 |
3.09 |
0 |
-3.09% |
LIFE INSURANCE CORPORATION OF INDIA |
0.434 |
0 |
1.47 |
0 |
-1.47% |
Mutual Funds/ decreased their stake from 15.75% in the previous quarter to 16.52% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.77 %.The latest quarter saw a considerable enhancement in profitability for Alternate Investment Funds, reflecting an uptick of 0.05 % 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 1.03 % 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 0.1 % 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.AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL F had 1.58% of shares in the previous quarter but exited in the current quarter.SBI NIFTY 200 QUALITY 30 ETF had 1.8% of shares in the previous quarter but exited in the current quarter.UTI ELSS TAX SAVER FUND had 1.36% of shares in the previous quarter but exited in the current quarter.KOTAK EQUITY HYBRID had 4.9% of shares in the previous quarter but exited in the current quarter.DSP REGULAR SAVINGS FUND had 3.09% of shares in the previous quarter but exited in the current quarter.LIFE INSURANCE CORPORATION OF INDIA had 1.47% 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 |
2.159 |
2.051 |
7.33 |
6.96 |
-0.37 % |
Profitability dwindled by -0.37 % 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.
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