Share the post "Naksh Precious Metals Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Naksh Precious Metals Limited 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 | 0.30 | 0.29 | 28.58 | 27.45 | -1.13 % |
| Public | 0.75 | 0.76 | 71.42 | 72.55 | +1.13 % |
| DII | 0 | 0 | 0 | 0 | 0 |
| FII | 0 | 0 | 0 | 0 | 0 |
| Government | 0 | 0 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 28.58% in December 2023 to 27.45% 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 71.42% in December 2023 to 72.55% in March 2024.This change suggests that the public’s investment in the company grew during the quarter.
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 Quarter Shares (in %) | Current Quarter Shares (in %) | Quarter-to-Quarter Difference (%) |
|---|---|---|---|---|---|
| SNEHA SACHIN VISPUTE | 0.254 | 0.249 | 24.11 | 23.63 | -0.48 % |
| ABHIJEET PRAMOD SONAWANE | 0.042 | 0.036 | 4.03 | 3.38 | -0.65 % |
SNEHA SACHIN VISPUTE faced a downturn in stakeholding this quarter, witnessing a decline of -0.48 % in stakeholding compared to the previous quarter.ABHIJEET PRAMOD SONAWANE faced a downturn in stakeholding this quarter, witnessing a decline of -0.65 % in stakeholding compared to the previous 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 (%) |
|---|---|---|---|---|---|
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 0.255 | 0.457 | 24.24 | 43.46 | + 19.22 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.367 | 0.215 | 34.91 | 20.44 | -14.47 % |
| HULAS HEERALAL JAIN | 0.016 | 0.015 | 1.52 | 1.46 | -0.06 % |
| APRANA SAMEER GIRI | 0.020 | 0.024 | 1.93 | 2.27 | + 0.34 % |
| Non Resident Indians (NRIs) | 0.001 | 0.008 | 0.14 | 0.75 | + 0.61 % |
| Bodies Corporate | 0.052 | 0.026 | 4.91 | 2.46 | -2.45 % |
| RASADA ENTERPRISES PRIVATE LIMITED | 0 | 0.012 | 0 | 1.15 | +1.15% |
| Any Other (specify) | 0.076 | 0.057 | 7.23 | 5.45 | -1.78 % |
| RATHOD MAHESHBHAI BHURABHAI | 0.015 | 0.019 | 1.45 | 1.77 | + 0.32 % |
| HUF | 0 | 0.057 | 0 | 5.45 | +5.45% |
| BHAGYASHRI ARORA | 0.011 | 0 | 1.09 | 0 | -1.09% |
| FORAUM SAVLA | 0.018 | 0 | 1.71 | 0 | -1.71% |
| SATISH PETER DSOUZA | 0.018 | 0 | 1.71 | 0 | -1.71% |
| MIRAL BHOOT HUF | 0.020 | 0 | 1.86 | 0 | -1.86% |
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 19.22 %.Observations show a significant difference of -14.47 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.06 % in HULAS HEERALAL JAIN’s financial performance between quarters.Leading the way to higher stakeholding, APRANA SAMEER GIRI has significantly boosted stakeholding by an impressive 0.34 %.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.61 %.Observations show a significant difference of -2.45 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -1.78 % in Any Other (specify)’s financial performance between quarters.Leading the way to higher stakeholding, RATHOD MAHESHBHAI BHURABHAI has significantly boosted stakeholding by an impressive 0.32 %.RASADA ENTERPRISES PRIVATE LIMITED had no shares in the previous quarter but now holds 1.15% of shares in the current quarter.HUF had no shares in the previous quarter but now holds 5.45% of shares in the current quarter.BHAGYASHRI ARORA had 1.09% of shares in the previous quarter but exited in the current quarter.FORAUM SAVLA had 1.71% of shares in the previous quarter but exited in the current quarter.SATISH PETER DSOUZA had 1.71% of shares in the previous quarter but exited in the current quarter.MIRAL BHOOT HUF had 1.86% of shares in the previous quarter but exited in the current quarter.
28
3-Year Profit
16
5-Year Profit
-12
10-Year Profit
9.00
Current Price
9.47
Market Cap
Upon examining the financial data for BSE code 539402, it becomes clear that the company achieved a notable five-year profit of 16 percents, which impressively increased to 28 percents in the three-year window. This upward trajectory, however, has been overshadowed by the latest trailing twelve-month (TTM) figures, which indicate a concerning loss of 0 percents. This financial loss is further compounded by the fact that the company has not recorded any sales across any of the timeframes under consideration. Such an unusual situation might suggest that the company operates under an unconventional business model, which could potentially carry higher risks. In terms of stock performance, the company’s stock price has seen a decline, falling from 2 percents over the five-year period to just -49 percents in the last year. The ten-year average stock price, which sits at 0 percents, highlights long-term volatility, casting doubt on the company's ability to sustain its market position over time. This warrants further investigation into the factors driving these fluctuations.
The company currently holds a market cap of ₹9.47 crore, with its stock trading at ₹9.00. Historically, the stock has fluctuated between ₹26.0 / 7.99, reflecting its performance in response to market dynamics and various economic factors. The company's Price-to-Earnings (P/E) ratio stands at , indicating that the stock is perceived as highly valued by the market, possibly driven by expectations of future earnings growth. The book value per share is ₹4.73, which offers insight into the company's intrinsic worth, while its dividend yield of 0.00% provides a steady return for long-term investors. Return on Capital Employed (ROCE) is -0.90%, showcasing the company’s ability to generate profits from its capital investments. Return on Equity (ROE) is -1.79%, highlighting how efficiently the company uses shareholder funds to generate profits. The debt-to-equity ratio is very low at 1.38, which is a positive indicator of financial stability. However, the company’s net cash flow of ₹-0.22 crore raises concerns about its liquidity position. The Piotroski score of 3.00 reflects the company’s overall financial health, while the Graham Number of ₹ suggests the stock's intrinsic value. Despite these factors, the Price-to-Book (P/B) ratio of 1.90 indicates that the stock is trading at a premium to its book value, which might imply market optimism about the company's future growth prospects.
