Share the post "Avenue Supermarts Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Avenue Supermarts 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 | 48.57 | 48.57 | 74.65 | 74.65 | 0 |
| Public | 16.50 | 16.50 | 8.87 | 8.5 | -0.37 % |
| DII | 5.54 | 5.59 | 8.52 | 8.59 | +0.07 % |
| FII | 5.18 | 5.37 | 7.96 | 8.26 | +0.3 % |
| Government | 0 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 74.65% 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 decreased from 8.87% in December 2023 to 8.5% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding increased from 8.52% in December 2023 to 8.59% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.07% . FIIs (Foreign Institutional Investors): There was a significant increase from 7.96% in December 2023 to 8.26% in March 2024. This suggests that foreign institutions grew their investments 0.3 in the company during the quarter. During quater from 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 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 Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
|---|---|---|---|---|---|
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 2.348 | 2.145 | 3.61 | 3.3 | -0.31 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 1.417 | 1.387 | 2.18 | 2.13 | -0.05 % |
| Non Resident Indians (NRIs) | 0.080 | 0.072 | 0.12 | 0.11 | -0.01 % |
| Bodies Corporate | 0.111 | 0.118 | 0.17 | 0.18 | + 0.01 % |
| Any Other (specify) | 0.080 | 0.074 | 0.12 | 0.11 | -0.01 % |
| LLP | 0 | 0.015 | 0 | 0.02 | +0.02% |
| Body Corp-Ltd Liability Partnership | 0.016 | 0 | 0.03 | 0 | -0.03% |
Observations show a significant difference of -0.31 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.05 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.01 % in Non Resident Indians (NRIs)’s financial performance between quarters.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.01 %.Observations show a significant difference of -0.01 % in Any Other (specify)’s financial performance between quarters.LLP had no shares in the previous quarter but now holds 0.02% of shares in the current quarter.Body Corp-Ltd Liability Partnership had 0.03% 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/ | 4.684 | 4.746 | 7.2 | 7.29 | + 0.09 % |
| Icici Prudential Balanced Advantage Fund | 1.025 | 1.327 | 1.58 | 2.04 | + 0.46 % |
| Axis Mutual Fund Trustee Limited A/c Axis Mutual Fund | 0 | 1.349 | 0 | 2.07 | +2.07% |
| Alternate Investment Funds | 0.033 | 0.042 | 0.05 | 0.06 | + 0.01 % |
| Banks | 0.007 | 0.000 | 0.01 | 0 | -0.01 % |
| Insurance Companies | 0.608 | 0.582 | 0.93 | 0.89 | -0.04 % |
| Provident Funds/ Pension Funds | 0.172 | 0.179 | 0.26 | 0.27 | + 0.01 % |
| Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund | 1.743 | 0 | 2.68 | 0 | -2.68% |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.09 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Icici Prudential Balanced Advantage Fund, reflecting an uptick of 0.46 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.01 % in their shares.Banks decreased their stake from 0% in the previous quarter to 0.01% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.Insurance Companies decreased their stake from 0.89% in the previous quarter to 0.93% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.04 %.The latest quarter saw a considerable enhancement in stakeholding for Provident Funds/ Pension Funds, reflecting an uptick of 0.01 % in their shares.Axis Mutual Fund Trustee Limited A/c Axis Mutual Fund had no shares in the previous quarter but now holds 2.07% of shares in the current quarter.Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund had 2.68% 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 | 5.048 | 5.220 | 7.76 | 8.02 | + 0.26 % |
| Foreign Portfolio Investors Category II | 0.132 | 0.155 | 0.2 | 0.24 | + 0.04 % |
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.26 % .During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.04 % .
Gopikishan Shivkishan Damani, Radhakishan Shivkishan Damani, Radhakishan S. Damani And Shrikantadevi Damani (on Behalf Of Mountain Glory Pvt Beneficiary Trust), Gopikishan S. Damani And Radhakishan S. Damani (on Behalf Of Karnikar Pvt Beneficiary Trust), Gopikishan S. Damani And Radhakishan S. Damani (on Behalf Of Gulmohar Pvt Beneficiary Trust), Kirandevi Gopikishan Damani, Shrikantadevi Radhakishan Damani, these shareholders are the Anchor investors of current and previous quarter.
32
3-Year Profit
24
5-Year Profit
33
10-Year Profit
5,321
Current Price
3,46,226
Market Cap
The financial outlook for the company under BSE code 540376 reveals a significant five-year profit of 24 percents. This marks a notable increase to 32 percents over the last three years, indicating a strong upward trend in the company's financial health during this period. However, it's important to note that recent challenges have impacted the company's performance, leading to a trailing twelve-month loss of 9 percents. This sharp decline in profitability is particularly concerning, as the company has also reported no sales across any analyzed timeframe, suggesting a highly unconventional and perhaps risky operational approach. The company's stock prices mirror this financial volatility, with the stock trading at 21 percents over the past five years but experiencing a dramatic drop to 24 percents within the last year. Over a decade, the stock price was at 0 percents, reflecting long-term concerns regarding the company's stability and future outlook. Such performance poses questions about the sustainability of the business and whether it can rebound from these recent setbacks.
The company currently holds a market cap of ₹3,46,226 crore, with its stock trading at ₹5,321. Historically, the stock has fluctuated between ₹5,449 / 3,616, reflecting its performance in response to market dynamics and various economic factors. The company's Price-to-Earnings (P/E) ratio stands at 131, 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 ₹287, 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 19.4%, showcasing the company’s ability to generate profits from its capital investments. Return on Equity (ROE) is 14.5%, highlighting how efficiently the company uses shareholder funds to generate profits. The debt-to-equity ratio is very low at 0.03, which is a positive indicator of financial stability. However, the company’s net cash flow of ₹130 crore raises concerns about its liquidity position. The Piotroski score of 5.00 reflects the company’s overall financial health, while the Graham Number of ₹513 suggests the stock's intrinsic value. Despite these factors, the Price-to-Book (P/B) ratio of 18.5 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.
