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Shareholding Pattern: Shareholding Pattern Deepak Nitrite Limited An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

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Deepak Nitrite Limited 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 6.70 6.70 49.13 49.13 0
Public 3.48 3.39 25.52 24.87 -0.65 %
DII 2.57 2.63 18.87 19.27 +0.4 %
FII 0.88 0.92 6.48 6.72 +0.24 %
Government 0.00 0.00 0 0 0
Promoters shareholding remained stable, at 49.13% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. DIIs (Domestic Institutional Investors) shareholding increased from 18.87% in December 2023 to 19.27% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.4% . FIIs (Foreign Institutional Investors): There was a significant increase from 6.48% in December 2023 to 6.72% in March 2024. This suggests that foreign institutions grew their investments 0.24 in the company during the quarter. 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 (%)
Deepak Chimanlal Mehta 2.256 2.254 16.54 16.52 -0.02 %
Sahay Meghav Mehta 0 0.002 0 0.02 +0.02%
Deepak Chimanlal Mehta faced a downturn in profitability this quarter, witnessing a decline of -0.02 % 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.Sahay Meghav Mehta had no shares in the previous quarter but now holds 0.02% 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 (%)
Resident Individuals holding nominal share capital up to Rs. 2 lakhs 2.801 2.710 20.54 19.87 -0.67 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs 0.215 0.221 1.58 1.62 + 0.04 %
Non Resident Indians (NRIs) 0.134 0.130 0.99 0.95 -0.04 %
Bodies Corporate 0.185 0.189 1.36 1.38 + 0.02 %
HUF 0.076 0.074 0.55 0.54 -0.01 %
Observations indicate a sizeable -0.67 % 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 0.04 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.04 % variance in Non Resident Indians (NRIs)’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 0.02 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.01 % variance in HUF’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/ 1.189 1.228 8.72 9 + 0.28 %
Nippon Life India Trustee Ltd- Nippon Smaller Cap Fund 0 0.174 0 1.27 +1.27%
Motilal Oswal Midcap Fund 0.345 0.268 2.53 1.96 -0.57 %
Franklin India Smaller Companies Fund 0 0.345 0 2.53 +2.53%
Insurance Companies 1.268 1.285 9.3 9.42 + 0.12 %
Life Insurance Corporation of India 1.220 1.239 8.94 9.08 + 0.14 %
Nippon Life India Trustee Ltd- A/C Nippon Smaller Cap Fund 0.172 0 1.26 0 -1.26%
Franklin India Smaller Cap Fund 0.345 0 2.53 0 -2.53%
The latest quarter saw a considerable enhancement in profitability for Mutual Funds/, reflecting an uptick of 0.28 % 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.Motilal Oswal Midcap Fund decreased their stake from 1.96% in the previous quarter to 2.53% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.57 %.The latest quarter saw a considerable enhancement in profitability for Insurance Companies, reflecting an uptick of 0.12 % 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 Life Insurance Corporation of India, 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.Nippon Life India Trustee Ltd- Nippon Smaller Cap Fund had no shares in the previous quarter but now holds 1.27% of shares in the current quarter.Franklin India Smaller Companies Fund had no shares in the previous quarter but now holds 2.53% of shares in the current quarter.Nippon Life India Trustee Ltd- A/C Nippon Smaller Cap Fund had 1.26% of shares in the previous quarter but exited in the current quarter.Franklin India Smaller Cap Fund had 2.53% 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 0.843 0.872 6.18 6.39 + 0.21 %
Foreign Portfolio Investors Category II 0.032 0.037 0.24 0.27 + 0.03 %
Foreign Institutional Investors 0 0.008 0 0.06 +0.06%
Foreign Instutional Investot 0.008 0 0.06 0 -0.06%
During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.21 % in net profit.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.Foreign Institutional Investors had no shares in the previous fiii quarter but now holds 0.06% of shares in the current quarter.Foreign Instutional Investot had 0.06% of shares in the previous quarter but exited in the current quarter.
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