Share the post "Bhilwara Spinners Ltd Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Bhilwara Spinners 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 | 0.34 | 0.46 | 49.8 | 50.94 | +1.14 % |
| Public | 0.34 | 0.44 | 48.56 | 48.08 | -0.48 % |
| DII | 0.00 | 0.00 | 0.03 | 0.02 | -0.01 % |
| FII | 0.01 | 0.01 | 1.61 | 0.96 | -0.65 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters’ shareholding increased from 49.8% in December 2023 to 50.94% in March 2024. This rise indicates that the promoters have strengthened their control over Company during this period.The percentage of shares held by the public decreased from 48.56% in December 2023 to 48.08% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.Domestic Institutional Investor’s (DII) shareholding decreased slightly from 0.03% in December 2023 to 0.02% in March 2024 , indicating that domestic institutions reduced their -0.01 stake in the company.FIIs (Foreign Institutional Investors) shareholding decreased from 1.61% in December 2023 to 0.96% 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 Quarter Shares (in %) | Current Quarter Shares (in %) | Quarter-to-Quarter Difference (%) |
|---|---|---|---|---|---|
| SUSHILA KOTHARI | 0.002 | 0.010 | 0.3 | 1.1 | + 0.8 % |
| ASHOK KOTHARI | 0 | 0.007 | 0 | 0.77 | +0.77% |
| ANSHUL KOTHARI | 0 | 0.008 | 0 | 0.83 | +0.83% |
| BHANWAR LAL KOTHARI | 0 | 0.009 | 0 | 0.99 | +0.99% |
| NARENDRA KOTHARI | 0 | 0.008 | 0 | 0.83 | +0.83% |
| NARENDRA KUMAR KOTHARI HUF | 0 | 0.006 | 0 | 0.61 | +0.61% |
| BHNWAR LAL KOTHARI HUF | 0 | 0.006 | 0 | 0.61 | +0.61% |
| AKSHITA TATER | 0 | 0.004 | 0 | 0.44 | +0.44% |
| LAD KANWAR KOTHARI | 0 | 0.012 | 0 | 1.35 | +1.35% |
| PUNEET KOTHARI | 0 | 0.007 | 0 | 0.77 | +0.77% |
| CHANDA DEVI KOTHARI | 0 | 0.014 | 0 | 1.53 | +1.53% |
| SHREYANSH KOTHARI | 0 | 0.007 | 0 | 0.82 | +0.82% |
| AHINSA INFRASTRUCTURE AND DEVELOPERS LTD | 0.335 | 0.365 | 49.5 | 40.28 | -9.22 % |
SUSHILA KOTHARI has showcased a remarkable improvement in profitability for this quarter, registering a significant increase of 0.8 % in net profit. This signifies adept cost management strategies, amplified revenue streams, or a harmonious blend of both, underscoring the shareholder’s positive impact on the company’s financial health.AHINSA INFRASTRUCTURE AND DEVELOPERS LTD faced a downturn in profitability this quarter, witnessing a decline of -9.22 % 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.ASHOK KOTHARI had no shares in the previous quarter but now holds 0.77% of shares in the current quarter.ANSHUL KOTHARI had no shares in the previous quarter but now holds 0.83% of shares in the current quarter.BHANWAR LAL KOTHARI had no shares in the previous quarter but now holds 0.99% of shares in the current quarter.NARENDRA KOTHARI had no shares in the previous quarter but now holds 0.83% of shares in the current quarter.NARENDRA KUMAR KOTHARI HUF had no shares in the previous quarter but now holds 0.61% of shares in the current quarter.BHNWAR LAL KOTHARI HUF had no shares in the previous quarter but now holds 0.61% of shares in the current quarter.AKSHITA TATER had no shares in the previous quarter but now holds 0.44% of shares in the current quarter.LAD KANWAR KOTHARI had no shares in the previous quarter but now holds 1.35% of shares in the current quarter.PUNEET KOTHARI had no shares in the previous quarter but now holds 0.77% of shares in the current quarter.CHANDA DEVI KOTHARI had no shares in the previous quarter but now holds 1.53% of shares in the current quarter.SHREYANSH KOTHARI had no shares in the previous quarter but now holds 0.82% of shares 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 (%) |
|---|---|---|---|---|---|
| Directors and their relatives (excluding independent directors and nominee directors) | 0.011 | 0.011 | 1.58 | 1.18 | -0.4 % |
| Key Managerial Personnel | 0.010 | 0.018 | 1.42 | 1.95 | + 0.53 % |
| ANJALI JAIN | 0 | 0.018 | 0 | 1.94 | +1.94% |
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 0.183 | 0.195 | 27.01 | 21.53 | -5.48 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.120 | 0.163 | 17.68 | 18.02 | + 0.34 % |
| PUNEET KOTHARI HUF | 0 | 0.013 | 0 | 1.42 | +1.42% |
| OMPRAKASH NATHU LAL PATWARI | 0 | 0.010 | 0 | 1.1 | +1.1% |
| SHIKHA KOTHARI | 0.007 | 0.012 | 1.02 | 1.37 | + 0.35 % |
| SANDEEP KOTHARI | 0.008 | 0.016 | 1.25 | 1.81 | + 0.56 % |
| POOJA JAIN | 0.009 | 0.009 | 1.38 | 1.03 | -0.35 % |
| SOURABH KOTHARI | 0.009 | 0.015 | 1.41 | 1.71 | + 0.3 % |
| SHASHI JAIN | 0.015 | 0.015 | 2.24 | 1.67 | -0.57 % |
| Bodies Corporate | 0.006 | 0.049 | 0.87 | 5.4 | + 4.53 % |
| SHREE BHARKA INDIA LTD | 0 | 0.043 | 0 | 4.75 | +4.75% |
| KEWAL CHAND BUMB | 0.007 | 0 | 1 | 0 | -1% |
| SHREYANSH KOTHARI | 0.007 | 0 | 1.09 | 0 | -1.09% |
| CHANDA KOTHARI | 0.009 | 0 | 1.38 | 0 | -1.38% |
| PUNEET KOTHARI | 0.013 | 0 | 1.9 | 0 | -1.9% |
Observations indicate a sizeable -0.4 % variance in Directors and their relatives (excluding independent directors and nominee directors)’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, Key Managerial Personnel lifts the bar with a remarkable 0.53 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -5.48 % variance in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’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, Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs lifts the bar with a remarkable 0.34 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, SHIKHA KOTHARI lifts the bar with a remarkable 0.35 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, SANDEEP KOTHARI lifts the bar with a remarkable 0.56 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.35 % variance in POOJA JAIN’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, SOURABH KOTHARI lifts the bar with a remarkable 0.3 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.57 % variance in SHASHI JAIN’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 4.53 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.ANJALI JAIN had no shares in the previous quarter but now holds 1.94% of shares in the current quarter.PUNEET KOTHARI HUF had no shares in the previous quarter but now holds 1.42% of shares in the current quarter.OMPRAKASH NATHU LAL PATWARI had no shares in the previous quarter but now holds 1.1% of shares in the current quarter.SHREE BHARKA INDIA LTD had no shares in the previous quarter but now holds 4.75% of shares in the current quarter.KEWAL CHAND BUMB had 1% of shares in the previous quarter but exited in the current quarter.SHREYANSH KOTHARI had 1.09% of shares in the previous quarter but exited in the current quarter.CHANDA KOTHARI had 1.38% of shares in the previous quarter but exited in the current quarter.PUNEET KOTHARI had 1.9% 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/ | 0.000 | 0.000 | 0.03 | 0.02 | -0.01 % |
Mutual Funds/ decreased their stake from 0.02% in the previous quarter to 0.03% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.
| 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 II | 0.011 | 0.009 | 1.61 | 0.96 | -0.65 % |
Profitability dwindled by -0.65 % 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.
