Share the post "Valiant Organics Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Valiant Organics 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 | 1.05 | 1.04 | 37.9 | 37.77 | -0.13 % |
| Public | 1.71 | 1.72 | 60.54 | 60.66 | +0.12 % |
| DII | 0.02 | 0.01 | 0.87 | 0.43 | -0.44 % |
| FII | 0.02 | 0.03 | 0.69 | 1.14 | +0.45 % |
| Government | 0 | 0 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 37.9% in December 2023 to 37.77% 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 60.54% in December 2023 to 60.66% 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 0.87% in December 2023 to 0.43% in March 2024 , indicating that domestic institutions reduced their -0.44 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 0.69% in December 2023 to 1.14% in March 2024. This suggests that foreign institutions grew their investments 0.45 in the company 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 (%) |
|---|---|---|---|---|---|
| Vicky Hemchand Gala | 0.030 | 0.026 | 1.07 | 0.94 | -0.13 % |
Vicky Hemchand Gala faced a downturn in stakeholding this quarter, witnessing a decline of -0.13 % 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 | 0.577 | 0.584 | 20.92 | 21.19 | + 0.27 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.677 | 0.671 | 24.57 | 24.34 | -0.23 % |
| Bhanumati Mohanlal Savla | 0.069 | 0.109 | 2.52 | 3.97 | + 1.45 % |
| Non Resident Indians (NRIs) | 0.027 | 0.027 | 0.98 | 0.99 | + 0.01 % |
| Bodies Corporate | 0.046 | 0.050 | 1.68 | 1.81 | + 0.13 % |
| Any Other (specify) | 0.039 | 0.037 | 1.4 | 1.33 | -0.07 % |
| HUF | 0.036 | 0.035 | 1.32 | 1.27 | -0.05 % |
| LLP | 0.002 | 0.002 | 0.08 | 0.06 | -0.02 % |
| Sumeet Mohanlal Savla | 0.045 | 0 | 1.63 | 0 | -1.63% |
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.27 %.Observations show a significant difference of -0.23 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Leading the way to higher stakeholding, Bhanumati Mohanlal Savla has significantly boosted stakeholding by an impressive 1.45 %.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.01 %.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.13 %.Observations show a significant difference of -0.07 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.05 % in HUF’s financial performance between quarters.Observations show a significant difference of -0.02 % in LLP’s financial performance between quarters.Sumeet Mohanlal Savla had 1.63% 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/ | 0.024 | 0.012 | 0.87 | 0.43 | -0.44 % |
Mutual Funds/ decreased their stake from 0.43% in the previous quarter to 0.87% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.44 %.
| 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 | 0.004 | 0.006 | 0.14 | 0.23 | + 0.09 % |
| Foreign Portfolio Investors Category II | 0.015 | 0.025 | 0.55 | 0.91 | + 0.36 % |
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.09 % .During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.36 % .
0
3-Year Profit
0
5-Year Profit
0
10-Year Profit
417
Current Price
1,151
Market Cap
In analyzing the financial results for the company marked by BSE code 540145, a clear trend emerges. Over a five-year span, the company reported a profit of 0 percents, which increased to 0 percents in the most recent three-year period, suggesting a strong performance in the early stages of this timeframe. However, this success has been overshadowed by a trailing twelve-month (TTM) loss of -122 percents, signaling significant recent challenges. Compounding this issue is the fact that the company has not reported any sales during any of the timeframes analyzed, raising important questions about its operational model and the sustainability of its current strategies. Investors have been equally wary, as reflected in the stock price performance. The company’s stock traded at -11 percents over the past five years but has recently decreased to -5 percents, indicating a loss of market confidence. Over the last decade, the stock price was at 0 percents, pointing to longer-term concerns that could affect the company's future prospects.
The company currently holds a market cap of ₹1,151 crore, with its stock trading at ₹417. Historically, the stock has fluctuated between ₹519 / 368, 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 ₹264, 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 1.07%, showcasing the company’s ability to generate profits from its capital investments. Return on Equity (ROE) is -0.91%, highlighting how efficiently the company uses shareholder funds to generate profits. The debt-to-equity ratio is very low at 0.35, which is a positive indicator of financial stability. However, the company’s net cash flow of ₹-4.27 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 1.58 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.
