Share the post "Shareholding Pattern: Shareholding Pattern Dr. Reddy’s Laboratories Ltd., An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Dr. Reddy’s Laboratories 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 | 4.45 | 4.45 | 26.65 | 26.65 | 0 |
Public | 12.21 | 12.21 | 10.56 | 10.37 | -0.19 % |
DII | 3.11 | 3.05 | 18.65 | 18.31 | -0.34 % |
FII | 7.33 | 7.42 | 43.96 | 44.49 | +0.53 % |
Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 26.65% 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 10.56% in December 2023 to 10.37% 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 18.65% in December 2023 to 18.31% in March 2024 , indicating that domestic institutions reduced their -0.34 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 43.96% in December 2023 to 44.49% in March 2024. This suggests that foreign institutions grew their investments 0.53 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 Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
---|---|---|---|---|---|
Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 1.395 | 1.363 | 8.36 | 8.17 | -0.19 % |
Foreign Companies | 0.018 | 0.022 | 0.11 | 0.13 | + 0.02 % |
Bodies Corporate | 0.082 | 0.078 | 0.49 | 0.47 | -0.02 % |
Any Other (specify) | 0.060 | 0.062 | 0.36 | 0.37 | + 0.01 % |
Clearing Members | 0.005 | 0.008 | 0.03 | 0.05 | + 0.02 % |
Unclaimed or Suspense or Escrow Account | 0.024 | 0.024 | 0.15 | 0.14 | -0.01 % |
Trusts | 0.003 | 0.002 | 0.02 | 0.01 | -0.01 % |
Observations indicate a sizeable -0.19 % 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, Foreign Companies lifts the bar with a remarkable 0.02 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.02 % variance in Bodies Corporate’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, Any Other (specify) lifts the bar with a remarkable 0.01 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Clearing Members 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 Unclaimed or Suspense or Escrow Account’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/ | 1.370 | 1.327 | 8.22 | 7.96 | -0.26 % |
HDFC TRUSTEE COMPANY LTD. A/C HDFC NIFTY 50 ETF | 0.302 | 0.271 | 1.81 | 1.62 | -0.19 % |
SBI-ETF NIFTY 50 | 0.243 | 0.237 | 1.46 | 1.42 | -0.04 % |
Alternate Investment Funds | 0.042 | 0.043 | 0.25 | 0.26 | + 0.01 % |
Banks | 0.009 | 0.012 | 0.05 | 0.07 | + 0.02 % |
Insurance Companies | 1.325 | 1.288 | 7.94 | 7.72 | -0.22 % |
LIFE INSURANCE CORPORATION OF INDIA P & GS FUND | 0.861 | 0.842 | 5.16 | 5.05 | -0.11 % |
Provident Funds/ Pension Funds | 0.365 | 0.384 | 2.19 | 2.3 | + 0.11 % |
NPS TRUST-A/C SBI PENSION FUND SCHEME TAX SAVER-TIER 2 | 0.365 | 0.384 | 2.19 | 2.3 | + 0.11 % |
Mutual Funds/ decreased their stake from 7.96% in the previous quarter to 8.22% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.26 %.HDFC TRUSTEE COMPANY LTD. A/C HDFC NIFTY 50 ETF decreased their stake from 1.62% in the previous quarter to 1.81% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.19 %.SBI-ETF NIFTY 50 decreased their stake from 1.42% in the previous quarter to 1.46% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.04 %.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 Banks, reflecting an uptick of 0.02 % 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.Insurance Companies decreased their stake from 7.72% in the previous quarter to 7.94% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.22 %.LIFE INSURANCE CORPORATION OF INDIA P & GS FUND decreased their stake from 5.05% in the previous quarter to 5.16% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.11 %.The latest quarter saw a considerable enhancement in profitability for Provident Funds/ Pension Funds, reflecting an uptick of 0.11 % 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 NPS TRUST-A/C SBI PENSION FUND SCHEME TAX SAVER-TIER 2, reflecting an uptick of 0.11 % 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.
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 | 4.622 | 4.683 | 27.71 | 28.07 | + 0.36 % |
GOVERNMENT OF SINGAPORE | 0.178 | 0.171 | 1.07 | 1.02 | -0.05 % |
Foreign Portfolio Investors Category II | 0.152 | 0.178 | 0.91 | 1.06 | + 0.15 % |
Overseas Depositories (holding DRs) (balancing figure) | 2.558 | 2.561 | 15.33 | 15.35 | + 0.02 % |
J P Morgan Chase Bank NA | 2.558 | 2.561 | 15.33 | 15.35 | + 0.02 % |
During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.36 % in net profit.Profitability dwindled by -0.05 % for GOVERNMENT OF SINGAPORE in comparison to the preceding quarter. To secure a foundation for prospective sustainable progress, investigating the factors prompting this decline is vital.During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.15 % in net profit.During this past quarter, there was a noteworthy upswing in profitability for Overseas Depositories (holding DRs) (balancing figure), which experienced a significant increase of 0.02 % in net profit.During this past quarter, there was a noteworthy upswing in profitability for J P Morgan Chase Bank NA, which experienced a significant increase of 0.02 % in net profit.
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