Share the post "CHL Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
CHL 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 | 3.99 | 3.99 | 72.84 | 72.84 | 0 |
| Public | 1.49 | 1.49 | 27.16 | 27.16 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 |
| FII | 0 | 0 | 0 | 0 | 0 |
| Government | 0 | 0 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 72.84% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. Public shareholding remained consistent, holding steady at 27.16% in both December 2023 and March 2024. This indicates that the Public control over the company did not change 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 | 0.160 | 0.161 | 2.92 | 2.94 | + 0.02 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.065 | 0.065 | 1.18 | 1.19 | + 0.01 % |
| Non Resident Indians (NRIs) | 1.150 | 1.150 | 20.98 | 20.97 | -0.01 % |
| Bodies Corporate | 0.064 | 0.063 | 1.16 | 1.15 | -0.01 % |
| Any Other (specify) | 0.011 | 0.011 | 0.2 | 0.19 | -0.01 % |
| HUF | 0.011 | 0.011 | 0.2 | 0.19 | -0.01 % |
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.02 %.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.01 %.Observations show a significant difference of -0.01 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.01 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.01 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.01 % in HUF’s financial performance between quarters.
74
3-Year Profit
15
5-Year Profit
33
10-Year Profit
37.5
Current Price
206
Market Cap
Upon examining the financial data for BSE code 532992, it becomes clear that the company achieved a notable five-year profit of 15 percents, which impressively increased to 74 percents in the three-year window. This upward trajectory, however, has been overshadowed by the latest trailing twelve-month (TTM) figures, which indicate a concerning loss of 12 percents. This financial loss is further compounded by the fact that the company has not recorded any sales across any of the timeframes under consideration. Such an unusual situation might suggest that the company operates under an unconventional business model, which could potentially carry higher risks. In terms of stock performance, the company’s stock price has seen a decline, falling from 32 percents over the five-year period to just 29 percents in the last year. The ten-year average stock price, which sits at 9 percents, highlights long-term volatility, casting doubt on the company's ability to sustain its market position over time. This warrants further investigation into the factors driving these fluctuations.
Currently valued at ₹206 crore, the company's stock price stands at ₹37.5. Over the years, it has seen significant fluctuations, with its price ranging from ₹47.8 / 22.4, a reflection of its sensitivity to market conditions and investor sentiment. The stock's Price-to-Earnings (P/E) ratio, currently at 27.9, suggests that it is highly valued in comparison to its earnings, possibly indicating strong future growth expectations or a high level of investor confidence. The book value per share is ₹-12.9, which represents the net asset value of the company per share. The dividend yield of 0.00% provides some return to investors, though it may not be the primary attraction for those investing in the stock. The company's Return on Capital Employed (ROCE) is 23.2%, pointing to efficient use of its capital base to generate profits. The Return on Equity (ROE), at %, highlights the profitability for shareholders. The company's financial health is further underscored by its very low debt-to-equity ratio of , signaling conservative financial management. However, the net cash flow is negative at ₹-8.16 crore, indicating possible liquidity concerns or heavy investment. The Piotroski score of 7.00 provides a snapshot of its financial stability, while the Graham Number, estimated at ₹, offers an intrinsic value benchmark. With a Price-to-Book (P/B) ratio of , the stock seems to be trading at a premium relative to its book value, which could signal strong market expectations or overvaluation risks.
