Share the post "Shareholding Pattern: Shareholding Pattern Bharat Electronics Ltd., An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Bharat Electronics 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 |
373.79 |
373.79 |
51.14 |
51.14 |
0 |
Public |
56.45 |
63.29 |
7.72 |
8.66 |
+0.94 % |
DII
|
170.80 |
165.51 |
23.37 |
22.64 |
-0.73 % |
FII
|
129.94 |
128.39 |
17.78 |
17.56 |
-0.22 % |
Government
|
0.00 |
0.00 |
0 |
0 |
0 |
Promoters shareholding remained stable, at 51.14% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. Domestic Institutional Investor’s (DII) shareholding decreased slightly from 23.37% in December 2023 to 22.64% in March 2024 , indicating that domestic institutions reduced their -0.73 stake in the company.FIIs (Foreign Institutional Investors) shareholding decreased from 17.78% in December 2023 to 17.56% 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 .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 |
45.565 |
51.016 |
6.23 |
6.98 |
+ 0.75 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs |
3.845 |
3.935 |
0.53 |
0.54 |
+ 0.01 % |
Non Resident Indians (NRIs) |
2.733 |
2.952 |
0.37 |
0.4 |
+ 0.03 % |
Bodies Corporate |
4.030 |
4.245 |
0.55 |
0.58 |
+ 0.03 % |
Any Other (specify) |
0.268 |
1.134 |
0.04 |
0.16 |
+ 0.12 % |
Trusts |
0.251 |
0.279 |
0.03 |
0.04 |
+ 0.01 % |
Clearing Members |
0.017 |
0.854 |
0 |
0.12 |
+ 0.12 % |
Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital up to Rs. 2 lakhs lifts the bar with a remarkable 0.75 % 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 0.01 % 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 0.03 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Bodies Corporate 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, Any Other (specify) lifts the bar with a remarkable 0.12 % 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, Clearing Members lifts the bar with a remarkable 0.12 % 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/ |
134.003 |
132.019 |
18.33 |
18.06 |
-0.27 % |
CANARA ROBECO MUTUAL FUND A/C CANARA ROBECO EMERGING EQUITIES |
9.183 |
8.623 |
1.26 |
1.18 |
-0.08 % |
HDFC MUTUAL FUND – HDFC MID-CAP OPPORTUNITIES FUND |
15.679 |
11.924 |
2.14 |
1.63 |
-0.51 % |
KOTAK FLEXICAP FUND |
25.314 |
23.909 |
3.46 |
3.27 |
-0.19 % |
CPSE EXCHANGE TRADED SCHEME (CPSE ETF) |
27.938 |
26.871 |
3.82 |
3.68 |
-0.14 % |
Alternate Investment Funds |
2.020 |
2.762 |
0.28 |
0.38 |
+ 0.1 % |
Banks |
0.040 |
0.017 |
0.01 |
0 |
-0.01 % |
Insurance Companies |
26.557 |
21.082 |
3.63 |
2.88 |
-0.75 % |
Provident Funds/ Pension Funds |
8.175 |
9.603 |
1.12 |
1.31 |
+ 0.19 % |
NPS TRUST- A/C HDFC PENSION MANAGEMENT COMPANY LTD SCHEME E – TIER I |
8.175 |
9.603 |
1.12 |
1.31 |
+ 0.19 % |
DSP FLEXI CAP FUND |
7.507 |
0 |
1.03 |
0 |
-1.03% |
Mutual Funds/ decreased their stake from 18.06% in the previous quarter to 18.33% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.27 %.CANARA ROBECO MUTUAL FUND A/C CANARA ROBECO EMERGING EQUITIES decreased their stake from 1.18% in the previous quarter to 1.26% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.08 %.HDFC MUTUAL FUND – HDFC MID-CAP OPPORTUNITIES FUND decreased their stake from 1.63% in the previous quarter to 2.14% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.51 %.KOTAK FLEXICAP FUND decreased their stake from 3.27% in the previous quarter to 3.46% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.19 %.CPSE EXCHANGE TRADED SCHEME (CPSE ETF) decreased their stake from 3.68% in the previous quarter to 3.82% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.14 %.The latest quarter saw a considerable enhancement in profitability for Alternate Investment Funds, reflecting an uptick of 0.1 % 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.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 2.88% in the previous quarter to 3.63% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.75 %.The latest quarter saw a considerable enhancement in profitability for Provident Funds/ Pension Funds, reflecting an uptick of 0.19 % 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 NPS TRUST- A/C HDFC PENSION MANAGEMENT COMPANY LTD SCHEME E – TIER I, reflecting an uptick of 0.19 % 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.DSP FLEXI CAP FUND had 1.03% 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 (%) |
Foreign Portfolio Investors Category I |
125.521 |
123.762 |
17.17 |
16.93 |
-0.24 % |
Foreign Portfolio Investors Category II |
4.416 |
4.627 |
0.6 |
0.63 |
+ 0.03 % |
Profitability dwindled by -0.24 % for Foreign Portfolio Investors Category I 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 0.03 % in net profit.
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