Shareholding Pattern: Shareholding Pattern Ashok Leyland Ltd., An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

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	150.07	150.07	51.53	51.52	-0.01 %
Public	141.18	141.20	13.25	14.73	+1.48 %
DII	42.70	35.64	14.66	12.23	-2.43 %
FII	59.66	62.47	20.49	21.45	+0.96 %
Government	0.22	0.22	0.07	0.07	0

Promoters’ shareholding decreased from 51.53% in December 2023 to 51.52% 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 13.25% in December 2023 to 14.73% 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 14.66% in December 2023 to 12.23% in March 2024 , indicating that domestic institutions reduced their -2.43 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 20.49% in December 2023 to 21.45% in March 2024. This suggests that foreign institutions grew their investments 0.96 in the company during the quarter. During quater from December 2023 to March 2024, Goverenment ownership remained steady at 0.07%.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 Quarter Shares (in %)	Current Quarter Shares (in %)	Quarter-to-Quarter Difference (%)
HINDUJA BANK LTD (BENEFICIARY – HINDUJA AUTOMOTIVE LIMITED)	14.490	14.490	4.98	4.97	-0.01 %

HINDUJA BANK LTD (BENEFICIARY – HINDUJA AUTOMOTIVE LIMITED) faced a downturn in profitability this quarter, witnessing a decline of -0.01 % in profits compared to the previous quarter. Delving into the underlying factors driving this shift is crucial for charting a path towards sustained financial growth.

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	32.239	36.387	11.07	12.49	+ 1.42 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	1.690	1.784	0.58	0.61	+ 0.03 %
Non Resident Indians (NRIs)	1.399	1.420	0.48	0.49	+ 0.01 %
Bodies Corporate	1.340	1.194	0.46	0.41	-0.05 %
Any Other (specify)	1.235	1.394	0.42	0.48	+ 0.06 %
Trusts	0.360	0.369	0.12	0.13	+ 0.01 %
HUF	0.785	0.942	0.27	0.32	+ 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 1.42 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs lifts the bar with a remarkable 0.03 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Non Resident Indians (NRIs) lifts the bar with a remarkable 0.01 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.05 % variance in Bodies Corporate’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, Any Other (specify) lifts the bar with a remarkable 0.06 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Trusts lifts the bar with a remarkable 0.01 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, HUF 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/	25.362	16.999	8.71	5.84	-2.87 %
SBI MUTUAL FUND (Under Different sub accounts)	0	4.376	0	1.5	+1.5%
Alternate Investment Funds	0.719	0.352	0.25	0.12	-0.13 %
Banks	0.360	0.706	0.12	0.24	+ 0.12 %
Insurance Companies	11.751	13.462	4.03	4.62	+ 0.59 %
LIFE INSURANCE CORPORATION OF INDIA (Under different sub accounts)	0	4.116	0	1.41	+1.41%
HDFC LIFE INSURANCE COMPANYLIMITED (Under Different sub accounts)	0	4.422	0	1.52	+1.52%
Provident Funds/ Pension Funds	4.505	4.106	1.55	1.41	-0.14 %
NPS TRUST (Under different sub accounts)	4.505	4.106	1.55	1.41	-0.14 %
KOTAK MAHINDRA TRUSTEE CO LTD (Under different sub accounts)	4.102	0	1.41	0	-1.41%
SBI Mutual Fund (Under different sub accounts)	4.655	0	1.6	0	-1.6%
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED	3.322	0	1.14	0	-1.14%
HDFC LIFE INSURANCE COMPANYLIMITED (Under different sub accounts)	4.623	0	1.59	0	-1.59%

Mutual Funds/ decreased their stake from 5.84% in the previous quarter to 8.71% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -2.87 %.Alternate Investment Funds decreased their stake from 0.12% in the previous quarter to 0.25% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.13 %.The latest quarter saw a considerable enhancement in profitability for Banks, reflecting an uptick of 0.12 % in their net earnings. Such an outcome implies the successful implementation of sound cost optimization techniques and increased income sources, ultimately highlighting the favorable effect of the investor on the corporation’s overall monetary welfare.The latest quarter saw a considerable enhancement in profitability for Insurance Companies, reflecting an uptick of 0.59 % in their net earnings. Such an outcome implies the successful implementation of sound cost optimization techniques and increased income sources, ultimately highlighting the favorable effect of the investor on the corporation’s overall monetary welfare.Provident Funds/ Pension Funds decreased their stake from 1.41% in the previous quarter to 1.55% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.14 %.NPS TRUST (Under different sub accounts) decreased their stake from 1.41% in the previous quarter to 1.55% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.14 %.SBI MUTUAL FUND (Under Different sub accounts) had no shares in the previous quarter but now holds 1.5% of shares in the current quarter.LIFE INSURANCE CORPORATION OF INDIA (Under different sub accounts) had no shares in the previous quarter but now holds 1.41% of shares in the current quarter.HDFC LIFE INSURANCE COMPANYLIMITED (Under Different sub accounts) had no shares in the previous quarter but now holds 1.52% of shares in the current quarter.KOTAK MAHINDRA TRUSTEE CO LTD (Under different sub accounts) had 1.41% of shares in the previous quarter but exited in the current quarter.SBI Mutual Fund (Under different sub accounts) had 1.6% of shares in the previous quarter but exited in the current quarter.ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED had 1.14% of shares in the previous quarter but exited in the current quarter.HDFC LIFE INSURANCE COMPANYLIMITED (Under different sub accounts) had 1.59% 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	57.469	60.066	19.73	20.62	+ 0.89 %
GOVERNMENT PENSION FUND GLOBAL	5.832	5.736	2	1.97	-0.03 %
Foreign Portfolio Investors Category II	2.192	2.406	0.75	0.83	+ 0.08 %

During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.89 % in net profit.Profitability dwindled by -0.03 % for GOVERNMENT PENSION FUND GLOBAL in comparison to the preceding quarter. To secure a foundation for prospective sustainable progress, investigating the factors prompting this decline is vital.During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.08 % in net profit.