Carborundum Universal 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 | 7.85 | 7.85 | 41.28 | 41.23 | -0.05 % |
| Public | 11.16 | 11.18 | 18.24 | 18 | -0.24 % |
| DII | 5.67 | 5.53 | 29.84 | 29.05 | -0.79 % |
| FII | 2.02 | 2.23 | 10.63 | 11.71 | +1.08 % |
| Government | 0.00 | 0.00 | 0.01 | 0.01 | 0 |
Promoters’ shareholding decreased from 41.28% in December 2023 to 41.23% 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 decreased from 18.24% in December 2023 to 18% 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 29.84% in December 2023 to 29.05% in March 2024 , indicating that domestic institutions reduced their -0.79 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 10.63% in December 2023 to 11.71% in March 2024. This suggests that foreign institutions grew their investments 1.08 in the company during the quarter. During quater from December 2023 to March 2024, Goverenment ownership remained steady at 0.01%.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 (%) |
|---|---|---|---|---|---|
| UMAYAL.R. | 0.098 | 0.098 | 0.52 | 0.51 | -0.01 % |
| VALLI ANNAMALAI . | 0 | 0.014 | 0 | 0.07 | +0.07% |
| M A M ARUNACHALAM | 0.109 | 0.109 | 0.58 | 0.57 | -0.01 % |
| A VENKATACHALAM | 0.060 | 0.060 | 0.32 | 0.31 | -0.01 % |
| AMBADI INVESTMENTS LIMITED | 5.605 | 5.605 | 29.49 | 29.46 | -0.03 % |
| A A ALAGAMMAI, Trustee of Lakshmi Ramaswamy Family Trust | 0.039 | 0.039 | 0.21 | 0.2 | -0.01 % |
| MURUGAPPA EDUCATIONAL AND MEDICAL FOUNDATION | 0.381 | 0.381 | 2.01 | 2 | -0.01 % |
| VALLI ANNAMALAI | 0.014 | 0 | 0.07 | 0 | -0.07% |
UMAYAL.R. 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.M A M ARUNACHALAM 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.A VENKATACHALAM 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.AMBADI INVESTMENTS LIMITED faced a downturn in profitability this quarter, witnessing a decline of -0.03 % 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.A A ALAGAMMAI, Trustee of Lakshmi Ramaswamy Family Trust 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.MURUGAPPA EDUCATIONAL AND MEDICAL FOUNDATION 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.VALLI ANNAMALAI . had no shares in the previous quarter but now holds 0.07% of shares in the current quarter.VALLI ANNAMALAI had 0.07% 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 (%) |
|---|---|---|---|---|---|
| Directors and their relatives (excluding independent directors and nominee directors) | 0.021 | 0.023 | 0.11 | 0.12 | + 0.01 % |
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 2.110 | 2.056 | 11.1 | 10.8 | -0.3 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.501 | 0.517 | 2.63 | 2.72 | + 0.09 % |
| Non Resident Indians (NRIs) | 0.316 | 0.321 | 1.66 | 1.69 | + 0.03 % |
| Bodies Corporate | 0.322 | 0.307 | 1.69 | 1.61 | -0.08 % |
| Trusts | 0.003 | 0.002 | 0.02 | 0.01 | -0.01 % |
Spearheading a savvy charge towards increased profitability, Directors and their relatives (excluding independent directors and nominee directors) lifts the bar with a remarkable 0.01 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.3 % 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 0.09 % 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.Observations indicate a sizeable -0.08 % variance in Bodies Corporate’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.01 % variance in Trusts’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.
| 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/ | 5.389 | 5.209 | 28.35 | 27.38 | -0.97 % |
| AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL F | 0.339 | 0.366 | 1.78 | 1.92 | + 0.14 % |
| SBI CONTRA FUND | 0 | 1.854 | 0 | 9.74 | +9.74% |
| NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMA | 0.635 | 0.702 | 3.34 | 3.69 | + 0.35 % |
| KOTAK EQUITY HYBRID | 0 | 0.763 | 0 | 4.01 | +4.01% |
| HDFC TRUSTEE COMPANY LIMITED – HDFC INFRASTRUCTURE | 0 | 0.397 | 0 | 2.09 | +2.09% |
| ICICI PRUDENTIAL LARGE & MID CAP FUND | 0 | 0.265 | 0 | 1.4 | +1.4% |
| Alternate Investment Funds | 0.013 | 0.014 | 0.07 | 0.08 | + 0.01 % |
| Insurance Companies | 0.267 | 0.303 | 1.41 | 1.59 | + 0.18 % |
| SBI RETIREMENT BENEFIT FUND – AGGRESSIVE PLAN | 1.846 | 0 | 9.71 | 0 | -9.71% |
| KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK MANUFACTUR | 0.832 | 0 | 4.38 | 0 | -4.38% |
| HSBC SMALL CAP FUND | 0.277 | 0 | 1.46 | 0 | -1.46% |
| HDFC LARGE AND MID CAP FUND | 0.397 | 0 | 2.09 | 0 | -2.09% |
| ICICI PRUDENTIAL INFRASTRUCTURE FUND | 0.202 | 0 | 1.06 | 0 | -1.06% |
Mutual Funds/ decreased their stake from 27.38% in the previous quarter to 28.35% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.97 %.The latest quarter saw a considerable enhancement in profitability for AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL F, reflecting an uptick of 0.14 % 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 NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMA, reflecting an uptick of 0.35 % 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 Alternate Investment Funds, reflecting an uptick of 0.01 % 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 0.18 % 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.SBI CONTRA FUND had no shares in the previous quarter but now holds 9.74% of shares in the current quarter.KOTAK EQUITY HYBRID had no shares in the previous quarter but now holds 4.01% of shares in the current quarter.HDFC TRUSTEE COMPANY LIMITED – HDFC INFRASTRUCTURE had no shares in the previous quarter but now holds 2.09% of shares in the current quarter.ICICI PRUDENTIAL LARGE & MID CAP FUND had no shares in the previous quarter but now holds 1.4% of shares in the current quarter.SBI RETIREMENT BENEFIT FUND – AGGRESSIVE PLAN had 9.71% of shares in the previous quarter but exited in the current quarter.KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK MANUFACTUR had 4.38% of shares in the previous quarter but exited in the current quarter.HSBC SMALL CAP FUND had 1.46% of shares in the previous quarter but exited in the current quarter.HDFC LARGE AND MID CAP FUND had 2.09% of shares in the previous quarter but exited in the current quarter.ICICI PRUDENTIAL INFRASTRUCTURE FUND had 1.06% 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 | 1.982 | 2.191 | 10.43 | 11.52 | + 1.09 % |
| KOTAK FUNDS – INDIA MIDCAP FUND | 0.367 | 0.395 | 1.93 | 2.08 | + 0.15 % |
During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 1.09 % in net profit.During this past quarter, there was a noteworthy upswing in profitability for KOTAK FUNDS – INDIA MIDCAP FUND, which experienced a significant increase of 0.15 % in net profit.
