NIFTY 50 23344.75 ▲ (0.61%)
NIFTY NEXT 50 65106.15 ▲ (0.08%)
NIFTY 100 24048.8 ▲ (0.51%)
NIFTY MIDCAP 100 55106.2 ▲ (0.91%)
NIFTY SMALLCAP 100 17864.65 ▲ (1.09%)
NIFTY SMALLCAP 250 16841.4 ▲ (0.84%)
NIFTY MIDCAP SELECT 12356.5 ▲ (0.87%)
NIFTY TOTAL MARKET 12304.6 ▲ (0.6%)
NIFTY BANK 49350.8 ▲ (1.67%)
SENSEX 77073.44 ▲ (0.59%)
BSE BANKEX 56036.23 ▲ (2.03%)

Shareholding Pattern: Shareholding Pattern Asahi India Glass Ltd. An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

Image is loading
Asahi India Glass Ltd. has unveiled its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q4-Mar 2023-2024).This comprehensive report offers a deep dive into the company’s shareholding landscape, including details on Promoters, promoter groups, Foreign investors, public investors, and government entities. Through meticulous comparative analysis, it tracks the evolution of shareholding percentages and quantities, highlighting any shifts in ownership dynamics. Investors gain invaluable insights into the company’s ownership structure and the evolving investment landscape.
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 13.18 13.18 54.23 54.23 0
Public 11.13 11.13 40.15 40.37 +0.22 %
DII 0.46 0.35 1.91 1.45 -0.46 %
FII 0.90 0.96 3.71 3.95 +0.24 %
Government 0.00 0.00 0 0 0
Promoters shareholding remained stable, at 54.23% 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 increased from 40.15% in December 2023 to 40.37% 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 1.91% in December 2023 to 1.45% in March 2024 , indicating that domestic institutions reduced their -0.46 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 3.71% in December 2023 to 3.95% in March 2024. This suggests that foreign institutions grew their investments 0.24 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 delve deeper 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 (%)
Resident Individuals holding nominal share capital up to Rs. 2 lakhs 1.507 1.514 6.2 6.23 + 0.03 %
Non Resident Indians (NRIs) 0.284 0.280 1.17 1.15 -0.02 %
Bodies Corporate 2.626 2.667 10.8 10.97 + 0.17 %
Any Other (specify) 1.839 1.850 7.57 7.61 + 0.04 %
HUF 1.438 1.436 5.92 5.91 -0.01 %
LLP 0.174 0.187 0.72 0.77 + 0.05 %
Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital up to Rs. 2 lakhs lifts the bar with a remarkable 0.03 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.02 % variance in Non Resident Indians (NRIs)’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Spearheading a savvy charge towards increased profitability, Bodies Corporate lifts the bar with a remarkable 0.17 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Any Other (specify) lifts the bar with a remarkable 0.04 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.01 % variance in HUF’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Spearheading a savvy charge towards increased profitability, LLP lifts the bar with a remarkable 0.05 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.
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/ 0.463 0.350 1.91 1.44 -0.47 %
Mutual Funds/ decreased their stake from 1.44% in the previous quarter to 1.91% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.47 %.
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 0.870 0.932 3.58 3.83 + 0.25 %
Foreign Portfolio Investors Category II 0.031 0.027 0.13 0.11 -0.02 %
During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.25 % in net profit.Profitability dwindled by -0.02 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter. To secure a foundation for prospective sustainable progress, investigating the factors prompting this decline is vital.

Nemish S Shah, these shareholders are the Anchor investors of current and previous quarter.

[my_shortcode1 values=”Asahi India Glass Ltd. “]

Related Post