Share the post "Manappuram Finance Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Manappuram Finance 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 | 29.80 | 29.80 | 35.2 | 35.2 | 0 |
| Public | 54.85 | 54.85 | 23.7 | 23.31 | -0.39 % |
| DII | 10.28 | 8.04 | 12.15 | 9.5 | -2.65 % |
| FII | 24.50 | 27.08 | 28.95 | 31.99 | +3.04 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 35.2% 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 23.7% in December 2023 to 23.31% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.Domestic Institutional Investor’s (DII) shareholding decreased slightly from 12.15% in December 2023 to 9.5% in March 2024 , indicating that domestic institutions reduced their -2.65 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 28.95% in December 2023 to 31.99% in March 2024. This suggests that foreign institutions grew their investments 3.04 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 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 (%) |
|---|---|---|---|---|---|
| Directors and their relatives (excluding independent directors and nominee directors) | 0 | 0.472 | 0 | 0.56 | +0.56% |
| Investor Education and Protection Fund | 0.055 | 0.056 | 0.06 | 0.07 | + 0.01 % |
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 11.792 | 12.312 | 13.93 | 14.55 | + 0.62 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 3.669 | 3.541 | 4.33 | 4.18 | -0.15 % |
| Non Resident Indians (NRIs) | 1.105 | 1.095 | 1.31 | 1.29 | -0.02 % |
| Bodies Corporate | 2.507 | 1.824 | 2.96 | 2.16 | -0.8 % |
| Any Other (specify) | 0.925 | 0.421 | 1.09 | 0.5 | -0.59 % |
| Clearing Members | 0.007 | 0.002 | 0.01 | 0 | -0.01 % |
| HUF | 0.382 | 0.362 | 0.45 | 0.43 | -0.02 % |
| Trusts | 0.055 | 0.057 | 0.06 | 0.07 | + 0.01 % |
| Director or Director’s Relatives | 0.482 | 0 | 0.57 | 0 | -0.57% |
Leading the way to higher stakeholding, Investor Education and Protection Fund has significantly boosted stakeholding by an impressive 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 0.62 %.Observations show a significant difference of -0.15 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.02 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.8 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.59 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.01 % in Clearing Members’s financial performance between quarters.Observations show a significant difference of -0.02 % in HUF’s financial performance between quarters.Leading the way to higher stakeholding, Trusts has significantly boosted stakeholding by an impressive 0.01 %.Directors and their relatives (excluding independent directors and nominee directors) had no shares in the previous quarter but now holds 0.56% of shares in the current quarter.Director or Director’s Relatives had 0.57% 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/ | 8.148 | 6.339 | 9.63 | 7.49 | -2.14 % |
| Bandhan Small Cap Fund | 0 | 0.871 | 0 | 1.03 | +1.03% |
| Dsp Small Cap Fund | 1.313 | 1.077 | 1.55 | 1.27 | -0.28 % |
| Alternate Investment Funds | 1.076 | 0.811 | 1.27 | 0.96 | -0.31 % |
| Insurance Companies | 1.056 | 0.887 | 1.25 | 1.05 | -0.2 % |
| Sbi Life Insurance Co. Ltd | 0.967 | 0.857 | 1.14 | 1.01 | -0.13 % |
| Aditya Birla Sun Life Trustee Private Limited A/C Aditya Birla Sun Life Pure Value Fund | 1.577 | 0 | 1.86 | 0 | -1.86% |
Mutual Funds/ decreased their stake from 7.49% in the previous quarter to 9.63% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -2.14 %.Dsp Small Cap Fund decreased their stake from 1.27% in the previous quarter to 1.55% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.28 %.Alternate Investment Funds decreased their stake from 0.96% in the previous quarter to 1.27% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.31 %.Insurance Companies decreased their stake from 1.05% in the previous quarter to 1.25% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.2 %.Sbi Life Insurance Co. Ltd decreased their stake from 1.01% in the previous quarter to 1.14% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.13 %.Bandhan Small Cap Fund had no shares in the previous quarter but now holds 1.03% of shares in the current quarter.Aditya Birla Sun Life Trustee Private Limited A/C Aditya Birla Sun Life Pure Value Fund had 1.86% 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 | 23.040 | 26.109 | 27.22 | 30.85 | + 3.63 % |
| St. James’s Place Emerging Markets Equity Unit Trust Managed By Arga Investment Management Lp | 0 | 1.087 | 0 | 1.28 | +1.28% |
| Bofa Securities Europe Sa – Odi | 1.849 | 1.151 | 2.18 | 1.36 | -0.82 % |
| Foreign Portfolio Investors Category II | 1.462 | 0.967 | 1.73 | 1.14 | -0.59 % |
| Stichting Depositary Apg Emerging Markets Equity Pool | 0.864 | 0 | 1.02 | 0 | -1.02% |
| Societe Generale – Odi | 1.021 | 0 | 1.21 | 0 | -1.21% |
| Bnp Paribas Financial Markets – Odi | 1.877 | 0 | 2.22 | 0 | -2.22% |
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 3.63 % .Stakeholding dwindled by -0.82 % for Bofa Securities Europe Sa – Odi in comparison to the preceding quarter.Stakeholding dwindled by -0.59 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.St. James’s Place Emerging Markets Equity Unit Trust Managed By Arga Investment Management Lp had no shares in the previous fiii quarter but now holds 1.28% of shares in the current quarter.Stichting Depositary Apg Emerging Markets Equity Pool had 1.02% of shares in the previous quarter but exited in the current quarter.Societe Generale – Odi had 1.21% of shares in the previous quarter but exited in the current quarter.Bnp Paribas Financial Markets – Odi had 2.22% of shares in the previous quarter but exited in the current quarter.
