Share the post "AAVAS Financiers Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
AAVAS Financiers 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 | 3.09 | 2.09 | 39.1 | 26.47 | -12.63 % |
Public | 4.82 | 5.82 | 13.28 | 14.74 | +1.46 % |
DII | 1.21 | 1.90 | 15.3 | 24 | +8.7 % |
FII | 2.56 | 2.75 | 32.32 | 34.79 | +2.47 % |
Government | 0 | 0 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 39.1% in December 2023 to 26.47% 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 13.28% in December 2023 to 14.74% 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 15.3% in December 2023 to 24% in March 2024 , indicating that domestic institutions increased their stake in the company by 8.7% . FIIs (Foreign Institutional Investors): There was a significant increase from 32.32% in December 2023 to 34.79% in March 2024. This suggests that foreign institutions grew their investments 2.47 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 (%) |
---|---|---|---|---|---|
Lake District Holdings Limited | 1.819 | 1.235 | 22.98 | 15.6 | -7.38 % |
Partners Group ESCL Limited | 0 | 0.598 | 0 | 7.55 | +7.55% |
Partners Group Private Equity (Master Fund), LLC | 0 | 0.262 | 0 | 3.32 | +3.32% |
Partners Group Escl Limited | 0.887 | 0 | 11.21 | 0 | -11.21% |
Partners Group Private Equity (Master Fund), Llc | 0.389 | 0 | 4.92 | 0 | -4.92% |
Lake District Holdings Limited faced a downturn in stakeholding this quarter, witnessing a decline of -7.38 % in stakeholding compared to the previous quarter.Partners Group ESCL Limited had no shares in the previous quarter but now holds 7.55% of shares in the current quarter.Partners Group Private Equity (Master Fund), LLC had no shares in the previous quarter but now holds 3.32% of shares in the current quarter.Partners Group Escl Limited had 11.21% of shares in the previous quarter but exited in the current quarter.Partners Group Private Equity (Master Fund), Llc had 4.92% 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 (%) |
---|---|---|---|---|---|
Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 0.679 | 0.790 | 8.58 | 9.98 | + 1.4 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.141 | 0.136 | 1.78 | 1.72 | -0.06 % |
Non Resident Indians (NRIs) | 0.049 | 0.051 | 0.62 | 0.64 | + 0.02 % |
Bodies Corporate | 0.088 | 0.094 | 1.11 | 1.19 | + 0.08 % |
Any Other (specify) | 0.017 | 0.020 | 0.22 | 0.25 | + 0.03 % |
HUF | 0.013 | 0 | 0.17 | 0 | -0.17% |
LLP | 0.004 | 0 | 0.05 | 0 | -0.05% |
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 1.4 %.Observations show a significant difference of -0.06 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.02 %.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.08 %.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.03 %.HUF had 0.17% of shares in the previous quarter but exited in the current quarter.LLP had 0.05% 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/ | 0.953 | 1.672 | 12.05 | 21.13 | + 9.08 % |
Alternate Investment Funds | 0.114 | 0.125 | 1.44 | 1.57 | + 0.13 % |
Insurance Companies | 0.143 | 0.102 | 1.8 | 1.29 | -0.51 % |
Hdfc Mutual Fund – Hdfc Multi Cap Fund | 0.085 | 0 | 1.07 | 0 | -1.07% |
Invesco India Equity Savings Fund | 0.094 | 0 | 1.19 | 0 | -1.19% |
360 One Focused Equity Fund | 0.095 | 0 | 1.2 | 0 | -1.2% |
Sundaram Mutual Fund A/C Sundaram Mid Cap Fund | 0.120 | 0 | 1.51 | 0 | -1.51% |
Kotak Small Cap Fund | 0.163 | 0 | 2.06 | 0 | -2.06% |
Uti Flexi Cap Fund | 0.239 | 0 | 3.02 | 0 | -3.02% |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 9.08 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.13 % in their shares.Insurance Companies decreased their stake from 1.29% in the previous quarter to 1.8% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.51 %.Hdfc Mutual Fund – Hdfc Multi Cap Fund had 1.07% of shares in the previous quarter but exited in the current quarter.Invesco India Equity Savings Fund had 1.19% of shares in the previous quarter but exited in the current quarter.360 One Focused Equity Fund had 1.2% of shares in the previous quarter but exited in the current quarter.Sundaram Mutual Fund A/C Sundaram Mid Cap Fund had 1.51% of shares in the previous quarter but exited in the current quarter.Kotak Small Cap Fund had 2.06% of shares in the previous quarter but exited in the current quarter.Uti Flexi Cap Fund had 3.02% 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 | 2.484 | 2.652 | 31.39 | 33.51 | + 2.12 % |
Foreign Portfolio Investors Category II | 0.074 | 0.102 | 0.93 | 1.29 | + 0.36 % |
Kotak Funds – India Midcap Fund | 0.087 | 0 | 1.1 | 0 | -1.1% |
Bofa Securities Europe Sa – Odi | 0.139 | 0 | 1.76 | 0 | -1.76% |
Smallcap World Fund, Inc | 0.152 | 0 | 1.92 | 0 | -1.92% |
Government Pension Fund Global | 0.155 | 0 | 1.95 | 0 | -1.95% |
First Sentier Investors Icvc – Stewart Investors Indian Subcontinent Sustainability Fund | 0.170 | 0 | 2.15 | 0 | -2.15% |
Abu Dhabi Investment Authority – Monsoon | 0.200 | 0 | 2.53 | 0 | -2.53% |
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 2.12 % .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 % .Kotak Funds – India Midcap Fund had 1.1% of shares in the previous quarter but exited in the current quarter.Bofa Securities Europe Sa – Odi had 1.76% of shares in the previous quarter but exited in the current quarter.Smallcap World Fund, Inc had 1.92% of shares in the previous quarter but exited in the current quarter.Government Pension Fund Global had 1.95% of shares in the previous quarter but exited in the current quarter.First Sentier Investors Icvc – Stewart Investors Indian Subcontinent Sustainability Fund had 2.15% of shares in the previous quarter but exited in the current quarter.Abu Dhabi Investment Authority – Monsoon had 2.53% of shares in the previous quarter but exited in the current quarter.