Share the post "Cholamandalam Investment and Finance Company Ltd Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Cholamandalam Investment and Finance Company 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 | 42.30 | 42.30 | 50.37 | 50.35 | -0.02 % |
| Public | 41.67 | 41.70 | 6.52 | 6.61 | +0.09 % |
| DII | 15.43 | 14.31 | 18.38 | 17.04 | -1.34 % |
| FII | 20.76 | 21.84 | 24.73 | 26 | +1.27 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 50.37% in December 2023 to 50.35% 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 6.52% in December 2023 to 6.61% in March 2024.This change suggests that the public’s investment in the company grew during the quarter.Domestic Institutional Investor’s (DII) shareholding decreased slightly from 18.38% in December 2023 to 17.04% in March 2024 , indicating that domestic institutions reduced their -1.34 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 24.73% in December 2023 to 26% in March 2024. This suggests that foreign institutions grew their investments 1.27 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 (%) |
|---|---|---|---|---|---|
| Ambadi Investments Limited (formerly Ambadi Investments Private Limited) | 3.372 | 3.372 | 4.02 | 4.01 | -0.01 % |
| Cholamandalam Financial Holdings Limited (Formerly TIFinancial Holdings Ltd) | 37.289 | 37.289 | 44.41 | 44.39 | -0.02 % |
Ambadi Investments Limited (formerly Ambadi Investments Private Limited) faced a downturn in profitability this quarter, witnessing a decline of -0.01 % 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.Cholamandalam Financial Holdings Limited (Formerly TIFinancial Holdings Ltd) faced a downturn in profitability this quarter, witnessing a decline of -0.02 % 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 | 0.037 | 0.039 | 0.04 | 0.05 | + 0.01 % |
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 3.860 | 3.930 | 4.6 | 4.68 | + 0.08 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.430 | 0.421 | 0.51 | 0.5 | -0.01 % |
| Non Resident Indians (NRIs) | 0.336 | 0.345 | 0.4 | 0.41 | + 0.01 % |
| Bodies Corporate | 0.620 | 0.637 | 0.74 | 0.76 | + 0.02 % |
| Any Other (specify) | 0.113 | 0.103 | 0.13 | 0.12 | -0.01 % |
| Trusts | 0.011 | 0.001 | 0.01 | 0 | -0.01 % |
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.Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital up to Rs. 2 lakhs lifts the bar with a remarkable 0.08 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.01 % variance in Resident Individuals holding nominal share capital in excess of 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 0.01 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Bodies Corporate lifts the bar with a remarkable 0.02 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.01 % variance in Any Other (specify)’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 Trusts’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.
| 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/ | 12.611 | 11.831 | 15.02 | 14.09 | -0.93 % |
| AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL F | 0 | 3.342 | 0 | 3.98 | +3.98% |
| SBI MAGNUM EQUITY ESG FUND | 0 | 1.318 | 0 | 1.57 | +1.57% |
| HDFC MUTUAL FUND – HDFC BUSINESS CYCLE FUND | 0 | 1.036 | 0 | 1.23 | +1.23% |
| ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C | 0.993 | 0.963 | 1.18 | 1.15 | -0.03 % |
| Alternate Investment Funds | 0.761 | 0.527 | 0.91 | 0.63 | -0.28 % |
| Insurance Companies | 1.458 | 1.324 | 1.74 | 1.58 | -0.16 % |
| Provident Funds/ Pension Funds | 0.601 | 0.627 | 0.72 | 0.75 | + 0.03 % |
| MOTILAL OSWAL NIFTY NEXT 50 INDEX FUND | 0.922 | 0 | 1.1 | 0 | -1.1% |
| AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND | 3.924 | 0 | 4.67 | 0 | -4.67% |
| SBI BLUE CHIP FUND | 1.249 | 0 | 1.49 | 0 | -1.49% |
| HDFC LARGE AND MID CAP FUND | 1.103 | 0 | 1.31 | 0 | -1.31% |
Mutual Funds/ decreased their stake from 14.09% in the previous quarter to 15.02% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.93 %.ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C decreased their stake from 1.15% in the previous quarter to 1.18% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.03 %.Alternate Investment Funds decreased their stake from 0.63% in the previous quarter to 0.91% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.28 %.Insurance Companies decreased their stake from 1.58% in the previous quarter to 1.74% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.16 %.The latest quarter saw a considerable enhancement in profitability for Provident Funds/ Pension Funds, reflecting an uptick of 0.03 % 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.AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL F had no shares in the previous quarter but now holds 3.98% of shares in the current quarter.SBI MAGNUM EQUITY ESG FUND had no shares in the previous quarter but now holds 1.57% of shares in the current quarter.HDFC MUTUAL FUND – HDFC BUSINESS CYCLE FUND had no shares in the previous quarter but now holds 1.23% of shares in the current quarter.MOTILAL OSWAL NIFTY NEXT 50 INDEX FUND had 1.1% of shares in the previous quarter but exited in the current quarter.AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND had 4.67% of shares in the previous quarter but exited in the current quarter.SBI BLUE CHIP FUND had 1.49% of shares in the previous quarter but exited in the current quarter.HDFC LARGE AND MID CAP FUND had 1.31% 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 | 20.373 | 21.420 | 24.26 | 25.5 | + 1.24 % |
| SMALLCAP WORLD FUND, INC | 1.299 | 1.207 | 1.55 | 1.44 | -0.11 % |
| NEW WORLD FUND INC | 1.148 | 1.436 | 1.37 | 1.71 | + 0.34 % |
| EUROPACIFIC GROWTH FUND | 0 | 0.852 | 0 | 1.01 | +1.01% |
| Foreign Portfolio Investors Category II | 0.386 | 0.413 | 0.46 | 0.49 | + 0.03 % |
During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 1.24 % in net profit.Profitability dwindled by -0.11 % for SMALLCAP WORLD FUND, INC in comparison to the preceding quarter. To secure a foundation for prospective sustainable progress, investigating the factors prompting this decline is vital.During this past quarter, there was a noteworthy upswing in profitability for NEW WORLD FUND INC, which experienced a significant increase of 0.34 % 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 0.03 % in net profit.EUROPACIFIC GROWTH FUND had no shares in the previous fiii quarter but now holds 1.01% of shares in the current quarter.
