Share the post "LTIMindtree Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
LTIMindtree 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 | 20.32 | 20.32 | 68.64 | 68.6 | -0.04 % |
| Public | 9.28 | 9.30 | 9.77 | 9.96 | +0.19 % |
| DII | 3.83 | 4.02 | 12.93 | 13.58 | +0.65 % |
| FII | 2.56 | 2.33 | 8.65 | 7.86 | -0.79 % |
| Government | 0 | 0 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 68.64% in December 2023 to 68.6% 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 9.77% in December 2023 to 9.96% in March 2024.This change suggests that the public’s investment in the company grew during the quarter.DIIs (Domestic Institutional Investors) shareholding increased from 12.93% in December 2023 to 13.58% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.65% . FIIs (Foreign Institutional Investors) shareholding decreased from 8.65% in December 2023 to 7.86% 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 .
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 (%) |
|---|---|---|---|---|---|
| Larsen And Toubro Limited | 20.317 | 20.317 | 68.64 | 68.6 | -0.04 % |
Larsen And Toubro Limited faced a downturn in stakeholding this quarter, witnessing a decline of -0.04 % 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 | 1.912 | 1.954 | 6.46 | 6.6 | + 0.14 % |
| Bodies Corporate | 0.080 | 0.072 | 0.27 | 0.24 | -0.03 % |
| Any Other (specify) | 0.048 | 0.064 | 0.16 | 0.22 | + 0.06 % |
| HUF | 0.040 | 0.041 | 0.13 | 0.14 | + 0.01 % |
| Bodies Corporate | 0.080 | 0.003 | 0.27 | 0.01 | -0.26 % |
| Trusts | 0.004 | 0.019 | 0.01 | 0.06 | + 0.05 % |
| LLP | 0.002 | 0 | 0.01 | 0 | -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 -0.03 % in Bodies Corporate’s financial performance between quarters.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.06 %.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.01 %.Observations show a significant difference of -0.26 % in Bodies Corporate’s financial performance between quarters.Leading the way to higher stakeholding, Trusts has significantly boosted stakeholding by an impressive 0.05 %.LLP had 0.01% 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/ | 2.089 | 1.841 | 7.06 | 6.22 | -0.84 % |
| Uti Flexi Cap Fund | 0.505 | 0.443 | 1.71 | 1.5 | -0.21 % |
| Alternate Investment Funds | 0.040 | 0.022 | 0.14 | 0.07 | -0.07 % |
| Banks | 0.001 | 0.027 | 0 | 0.09 | + 0.09 % |
| Insurance Companies | 1.511 | 1.899 | 5.11 | 6.41 | + 1.3 % |
| Life Insurance Corporation Of India | 1.097 | 1.517 | 3.71 | 5.12 | + 1.41 % |
| Provident Funds/ Pension Funds | 0.159 | 0.205 | 0.54 | 0.69 | + 0.15 % |
| Sovereign Wealth Funds | 0.024 | 0.028 | 0.08 | 0.1 | + 0.02 % |
Mutual Funds/ decreased their stake from 6.22% in the previous quarter to 7.06% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.84 %.Uti Flexi Cap Fund decreased their stake from 1.5% in the previous quarter to 1.71% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.21 %.Alternate Investment Funds decreased their stake from 0.07% in the previous quarter to 0.14% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.07 %.The latest quarter saw a considerable enhancement in stakeholding for Banks, reflecting an uptick of 0.09 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 1.3 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Life Insurance Corporation Of India, reflecting an uptick of 1.41 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Provident Funds/ Pension Funds, reflecting an uptick of 0.15 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Sovereign Wealth Funds, reflecting an uptick of 0.02 % in their shares.
| 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 | 2.481 | 2.258 | 8.38 | 7.62 | -0.76 % |
| Foreign Portfolio Investors Category II | 0.079 | 0.070 | 0.27 | 0.24 | -0.03 % |
Stakeholding dwindled by -0.76 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.Stakeholding dwindled by -0.03 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.
