CIE Automotive India Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

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	24.92	24.92	65.7	65.7	0
Public	13.01	13.01	12.66	11.02	-1.64 %
DII	6.06	6.87	15.98	18.12	+2.14 %
FII	2.14	1.94	5.63	5.12	-0.51 %
Government	0.01	0.01	0.03	0.04	+0.01 %

Promoters shareholding remained stable, at 65.7% 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 12.66% in December 2023 to 11.02% 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 15.98% in December 2023 to 18.12% in March 2024 , indicating that domestic institutions increased their stake in the company by 2.14% . FIIs (Foreign Institutional Investors) shareholding decreased from 5.63% in December 2023 to 5.12% 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 both December 2023 and March 2024, Government ownership saw a notable increase, rising to 0.04%, indicating a strengthening of the government’s position in the company over 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 (%)
Directors and their relatives (excluding independent directors and nominee directors)	0.727	0.327	1.92	0.86	-1.06 %
Resident Individuals holding nominal share capital up to Rs. 2 lakhs	2.444	2.313	6.44	6.1	-0.34 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	0.789	0.785	2.08	2.07	-0.01 %
Non Resident Indians (NRIs)	0.296	0.268	0.78	0.71	-0.07 %
Bodies Corporate	0.300	0.272	0.79	0.72	-0.07 %
Any Other (specify)	0.225	0.195	0.59	0.51	-0.08 %
Unclaimed or Suspense or Escrow Account	0.051	0.000	0.13	0	-0.13 %
HUF	0.140	0.143	0.37	0.38	+ 0.01 %
Clearing Members	0.033	0.000	0.09	0	-0.09 %
ANIL HARIDASS	0.382	0	1.01	0	-1.01%

Observations show a significant difference of -1.06 % in Directors and their relatives (excluding independent directors and nominee directors)’s financial performance between quarters.Observations show a significant difference of -0.34 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.01 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.07 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.07 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.08 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.13 % in Unclaimed or Suspense or Escrow Account’s financial performance between quarters.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.01 %.Observations show a significant difference of -0.09 % in Clearing Members’s financial performance between quarters.ANIL HARIDASS had 1.01% 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/	5.584	6.513	14.72	17.17	+ 2.45 %
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL F	0.943	0.862	2.49	2.27	-0.22 %
UTI-MNC FUND,SMALL CAP FUND,MID CAP FUND,TRANSPORTATION AND LOGISTICS FUND	0.406	0.441	1.07	1.16	+ 0.09 %
HDFC MUTUAL FUND – HDFC S&P BSE 500 ETF,HDFC HYBRID DEBT FUND,HDFC EQUITY SAVING FUND,HDFC TRUSTEE COMPANY LTD. A/C HDFC MULTI-ASSET FUN,HDFC LARGE AN	0.420	1.070	1.11	2.82	+ 1.71 %
ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C	0.407	0.514	1.07	1.35	+ 0.28 %
ICICI PRUDENTIAL LARGE & MID CAP FUND,TRANSPORTATION AND LOGISTICS FUND,MNC,FUND,MULTI-ASSETFUND,MULTICAPFUND,S&PBSE500 ETF,SMALLCAP FUND,SMALLCAP IND	0	1.546	0	4.08	+4.08%
Alternate Investment Funds	0.393	0.273	1.04	0.72	-0.32 %
Insurance Companies	0.082	0.087	0.22	0.23	+ 0.01 %
INVESCO INDIA ELSS TAX SAVER FUND,EQUITY SAVINGS FUND,ESG EQUITY FUND,CONTRA FUND,SMALLCAP FUND	0.543	0	1.43	0	-1.43%
ICICI PRUDENTIAL LARGE & MID CAP FUND,TRANSPORTATION AND LOGISTICS FUND,MNC FUND,MULTI-ASSET FUND,MULTICAP FUND,S&P BSE 500 ETF,SMALLCAP FUND,SMALLCAP	0.478	0	1.26	0	-1.26%

The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 2.45 % in their shares.AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL F decreased their stake from 2.27% in the previous quarter to 2.49% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.22 %.The latest quarter saw a considerable enhancement in stakeholding for UTI-MNC FUND,SMALL CAP FUND,MID CAP FUND,TRANSPORTATION AND LOGISTICS FUND, reflecting an uptick of 0.09 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for HDFC MUTUAL FUND – HDFC S&P BSE 500 ETF,HDFC HYBRID DEBT FUND,HDFC EQUITY SAVING FUND,HDFC TRUSTEE COMPANY LTD. A/C HDFC MULTI-ASSET FUN,HDFC LARGE AN, reflecting an uptick of 1.71 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C, reflecting an uptick of 0.28 % in their shares.Alternate Investment Funds decreased their stake from 0.72% in the previous quarter to 1.04% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.32 %.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.01 % in their shares.ICICI PRUDENTIAL LARGE & MID CAP FUND,TRANSPORTATION AND LOGISTICS FUND,MNC,FUND,MULTI-ASSETFUND,MULTICAPFUND,S&PBSE500 ETF,SMALLCAP FUND,SMALLCAP IND had no shares in the previous quarter but now holds 4.08% of shares in the current quarter.INVESCO INDIA ELSS TAX SAVER FUND,EQUITY SAVINGS FUND,ESG EQUITY FUND,CONTRA FUND,SMALLCAP FUND had 1.43% of shares in the previous quarter but exited in the current quarter.ICICI PRUDENTIAL LARGE & MID CAP FUND,TRANSPORTATION AND LOGISTICS FUND,MNC FUND,MULTI-ASSET FUND,MULTICAP FUND,S&P BSE 500 ETF,SMALLCAP FUND,SMALLCAP had 1.26% 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	2.094	1.894	5.52	4.99	-0.53 %
Foreign Portfolio Investors Category II	0.041	0.046	0.11	0.12	+ 0.01 %

Stakeholding dwindled by -0.53 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 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 (%)
Shareholding by Companies or Bodies Corporate where Central / State Government is a promoter	0.012	0.015	0.03	0.04	+ 0.01 %

In the recent quarter, the government’s shareholding in company experienced a remarkable increase, rising from 0.03% to 0.04%, representing a 0.01 %% surge in its shareholding compared to the previous quarter.