Share the post "Shareholding Pattern: Shareholding Pattern Dixon Technologies (India) Limited An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Dixon Technologies (India) 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 |
2.01 |
2.00 |
33.63 |
33.44 |
-0.19 % |
Public |
3.97 |
3.98 |
22.56 |
21.71 |
-0.85 % |
DII
|
1.58 |
1.62 |
26.4 |
27.01 |
+0.61 % |
FII
|
1.04 |
1.07 |
17.41 |
17.84 |
+0.43 % |
Government
|
0 |
0 |
0 |
0 |
0 |
Promoters’ shareholding decreased from 33.63% in December 2023 to 33.44% 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 22.56% in December 2023 to 21.71% 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 26.4% in December 2023 to 27.01% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.61% . FIIs (Foreign Institutional Investors): There was a significant increase from 17.41% in December 2023 to 17.84% in March 2024. This suggests that foreign institutions grew their investments 0.43 in the company during the quarter.
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 Quarter Shares (in %) |
Current Quarter Shares (in %) |
Quarter-to-Quarter Difference (%) |
SURESH VASWANI |
0.059 |
0.058 |
0.98 |
0.96 |
-0.02 % |
SUNIL VACHANI |
0.381 |
0.371 |
6.38 |
6.2 |
-0.18 % |
RAVI VACHANI |
0.001 |
0.001 |
0.01 |
0.02 |
+ 0.01 % |
SURESH VASWANI faced a downturn in stakeholding this quarter, witnessing a decline of -0.02 % in stakeholding compared to the previous quarter.SUNIL VACHANI faced a downturn in stakeholding this quarter, witnessing a decline of -0.18 % in stakeholding compared to the previous quarter.RAVI VACHANI has showcased a remarkable improvement in stakeholding for this quarter, registering 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 (%) |
Directors and their relatives (excluding independent directors and nominee directors) |
0.212 |
0.210 |
3.54 |
3.5 |
-0.04 % |
ATUL B LALL |
0.212 |
0.210 |
3.54 |
3.5 |
-0.04 % |
Key Managerial Personnel |
0.020 |
0.019 |
0.33 |
0.32 |
-0.01 % |
Resident Individuals holding nominal share capital up to Rs. 2 lakhs |
0.540 |
0.503 |
9.03 |
8.42 |
-0.61 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs |
0.104 |
0.101 |
1.74 |
1.68 |
-0.06 % |
Non Resident Indians (NRIs) |
0.431 |
0.428 |
7.21 |
7.15 |
-0.06 % |
KAMLA VACHANI |
0.408 |
0.404 |
6.82 |
6.76 |
-0.06 % |
Bodies Corporate |
0.033 |
0.028 |
0.55 |
0.47 |
-0.08 % |
Any Other (specify) |
0.011 |
0.010 |
0.18 |
0.17 |
-0.01 % |
HUF |
0.011 |
0.010 |
0.18 |
0.16 |
-0.02 % |
Observations show a significant difference of -0.04 % in Directors and their relatives (excluding independent directors and nominee directors)’s financial performance between quarters.Observations show a significant difference of -0.04 % in ATUL B LALL’s financial performance between quarters.Observations show a significant difference of -0.01 % in Key Managerial Personnel’s financial performance between quarters.Observations show a significant difference of -0.61 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.06 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.06 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.06 % in KAMLA VACHANI’s financial performance between quarters.Observations show a significant difference of -0.08 % 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 -0.02 % in HUF’s financial performance between quarters.
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/ |
1.040 |
1.100 |
17.39 |
18.39 |
+ 1 % |
AXIS ELSS TAX SAVER FUND |
0 |
0.068 |
0 |
1.13 |
+1.13% |
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA MUL |
0 |
0.171 |
0 |
2.87 |
+2.87% |
INVESCO INDIA EQUITY SAVINGS FUND |
0 |
0.062 |
0 |
1.03 |
+1.03% |
KOTAK EMERGING EQUITY SCHEME |
0.124 |
0.118 |
2.08 |
1.98 |
-0.1 % |
HDFC LARGE AND MID CAP FUND |
0 |
0.157 |
0 |
2.63 |
+2.63% |
CANARA ROBECO MUTUAL FUND A/C CANARA ROBECO EMERGI |
0 |
0.070 |
0 |
1.18 |
+1.18% |
EDELWEISS TRUSTEESHIP CO LTD AC- EDELWEISS MF AC- |
0 |
0.062 |
0 |
1.04 |
+1.04% |
Alternate Investment Funds |
0.008 |
0.021 |
0.14 |
0.35 |
+ 0.21 % |
Insurance Companies |
0.530 |
0.495 |
8.86 |
8.27 |
-0.59 % |
MAX LIFE INSURANCE CO LTD A/C SUSTAINABLE EQUITY F |
0 |
0.089 |
0 |
1.49 |
+1.49% |
LIFE INSURANCE CORPORATION OF INDIA |
0.169 |
0.163 |
2.83 |
2.73 |
-0.1 % |
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED |
0.117 |
0.104 |
1.95 |
1.73 |
-0.22 % |
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA GRO |
0.169 |
0 |
2.83 |
0 |
-2.83% |
HDFC MUTUAL FUND-HDFC ARBITRAGE FUND |
0.159 |
0 |
2.66 |
0 |
-2.66% |
MAX LIFE INSURANCE COMPANY LIMITED A/C – ULIF0022 |
0.115 |
0 |
1.92 |
0 |
-1.92% |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 1 % in their shares.KOTAK EMERGING EQUITY SCHEME decreased their stake from 1.98% in the previous quarter to 2.08% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.1 %.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.21 % in their shares.Insurance Companies decreased their stake from 8.27% in the previous quarter to 8.86% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.59 %.LIFE INSURANCE CORPORATION OF INDIA decreased their stake from 2.73% in the previous quarter to 2.83% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.1 %.ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED decreased their stake from 1.73% in the previous quarter to 1.95% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.22 %.AXIS ELSS TAX SAVER FUND had no shares in the previous quarter but now holds 1.13% of shares in the current quarter.NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA MUL had no shares in the previous quarter but now holds 2.87% of shares in the current quarter.INVESCO INDIA EQUITY SAVINGS FUND had no shares in the previous quarter but now holds 1.03% of shares in the current quarter.HDFC LARGE AND MID CAP FUND had no shares in the previous quarter but now holds 2.63% of shares in the current quarter.CANARA ROBECO MUTUAL FUND A/C CANARA ROBECO EMERGI had no shares in the previous quarter but now holds 1.18% of shares in the current quarter.EDELWEISS TRUSTEESHIP CO LTD AC- EDELWEISS MF AC- had no shares in the previous quarter but now holds 1.04% of shares in the current quarter.MAX LIFE INSURANCE CO LTD A/C SUSTAINABLE EQUITY F had no shares in the previous quarter but now holds 1.49% of shares in the current quarter.NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA GRO had 2.83% of shares in the previous quarter but exited in the current quarter.HDFC MUTUAL FUND-HDFC ARBITRAGE FUND had 2.66% of shares in the previous quarter but exited in the current quarter.MAX LIFE INSURANCE COMPANY LIMITED A/C – ULIF0022 had 1.92% 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 |
0.999 |
1.023 |
16.71 |
17.1 |
+ 0.39 % |
KOTAK FUNDS – INDIA MIDCAP FUND |
0.077 |
0.079 |
1.28 |
1.33 |
+ 0.05 % |
Foreign Portfolio Investors Category II |
0.042 |
0.045 |
0.7 |
0.75 |
+ 0.05 % |
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.39 % .During this past quarter, there was a noteworthy upswing in stakeholding for KOTAK FUNDS – INDIA MIDCAP FUND, which experienced a significant increase of 0.05 % .During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.05 % .
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