Share the post "Shareholding Pattern: Shareholding Pattern Power Finance Corporation Ltd An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Power Finance Corporation Ltd has released its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q4-Mar 2023-2024).This detailed report examines who owns shares, including Promoters, promoter groups, Foreign investors, public investors, and government entities.
| 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 | 184.79 | 184.79 | 55.99 | 55.99 | 0 |
| Public | 145.22 | 145.22 | 8.63 | 8.56 | -0.07 % |
| DII | 57.81 | 60.27 | 17.52 | 18.26 | +0.74 % |
| FII | 58.93 | 56.74 | 17.86 | 17.19 | -0.67 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 55.99% 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 decreased from 8.63% in December 2023 to 8.56% 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 17.52% in December 2023 to 18.26% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.74% . FIIs (Foreign Institutional Investors) shareholding decreased from 17.86% in December 2023 to 17.19% 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 look 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 | 16.411 | 16.852 | 4.97 | 5.11 | + 0.14 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 6.030 | 5.679 | 1.83 | 1.72 | -0.11 % |
| Bodies Corporate | 3.827 | 3.577 | 1.16 | 1.08 | -0.08 % |
| Any Other (specify) | 1.327 | 1.226 | 0.4 | 0.37 | -0.03 % |
| Trusts | 0.200 | 0.143 | 0.06 | 0.04 | -0.02 % |
| HUF | 1.111 | 1.078 | 0.34 | 0.33 | -0.01 % |
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.14 %.Observations show a significant difference of -0.11 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.08 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.03 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.02 % in Trusts’s financial performance between quarters.Observations show a significant difference of -0.01 % in HUF’s financial performance between quarters.
| 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/ | 38.421 | 41.694 | 11.64 | 12.63 | + 0.99 % |
| NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA ETF | 0 | 5.233 | 0 | 1.59 | +1.59% |
| KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK NIFTY FINA | 0 | 6.163 | 0 | 1.87 | +1.87% |
| HDFC TRUSTEE COMPANY LTD. A/C HDFC BALANCED ADVANT | 0 | 10.260 | 0 | 3.11 | +3.11% |
| DSP REGULAR SAVINGS FUND | 0 | 4.107 | 0 | 1.24 | +1.24% |
| Alternate Investment Funds | 1.514 | 2.145 | 0.46 | 0.65 | + 0.19 % |
| Insurance Companies | 17.564 | 16.086 | 5.32 | 4.87 | -0.45 % |
| LICI Pension plus non unit fund | 0 | 7.051 | 0 | 2.14 | +2.14% |
| Provident Funds/ Pension Funds | 0.105 | 0.127 | 0.03 | 0.04 | + 0.01 % |
| NIPPON LIFE INDIA TRUSTEE LIMITED – A/C NIPPON INDIA QUA | 5.428 | 0 | 1.64 | 0 | -1.64% |
| HDFC MUTUAL FUND – HDFC BANKING AND FINANCIAL SERV | 11.440 | 0 | 3.47 | 0 | -3.47% |
| DSP ARBITRAGE FUND | 4.644 | 0 | 1.41 | 0 | -1.41% |
| LIC PENSION PLUS NON UNIT FUND | 7.051 | 0 | 2.14 | 0 | -2.14% |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.99 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.19 % in their shares.Insurance Companies decreased their stake from 4.87% in the previous quarter to 5.32% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.45 %.The latest quarter saw a considerable enhancement in stakeholding for Provident Funds/ Pension Funds, reflecting an uptick of 0.01 % in their shares.NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA ETF had no shares in the previous quarter but now holds 1.59% of shares in the current quarter.KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK NIFTY FINA had no shares in the previous quarter but now holds 1.87% of shares in the current quarter.HDFC TRUSTEE COMPANY LTD. A/C HDFC BALANCED ADVANT had no shares in the previous quarter but now holds 3.11% of shares in the current quarter.DSP REGULAR SAVINGS FUND had no shares in the previous quarter but now holds 1.24% of shares in the current quarter.LICI Pension plus non unit fund had no shares in the previous quarter but now holds 2.14% of shares in the current quarter.NIPPON LIFE INDIA TRUSTEE LIMITED – A/C NIPPON INDIA QUA had 1.64% of shares in the previous quarter but exited in the current quarter.HDFC MUTUAL FUND – HDFC BANKING AND FINANCIAL SERV had 3.47% of shares in the previous quarter but exited in the current quarter.DSP ARBITRAGE FUND had 1.41% of shares in the previous quarter but exited in the current quarter.LIC PENSION PLUS NON UNIT FUND had 2.14% 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 | 56.315 | 54.333 | 17.06 | 16.46 | -0.6 % |
| Foreign Portfolio Investors Category II | 2.617 | 2.404 | 0.79 | 0.73 | -0.06 % |
Stakeholding dwindled by -0.6 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.Stakeholding dwindled by -0.06 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.
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