eClerx Services 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 | 2.63 | 2.63 | 53.61 | 53.61 | 0 |
| Public | 0.49 | 0.48 | 10.03 | 9.78 | -0.25 % |
| DII | 1.12 | 1.12 | 22.9 | 22.75 | -0.15 % |
| FII | 0.58 | 0.60 | 11.81 | 12.19 | +0.38 % |
| Government | 0.00 | 0.00 | 0.02 | 0.02 | 0 |
Promoters shareholding remained stable, at 53.61% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. Domestic Institutional Investor’s (DII) shareholding decreased slightly from 22.9% in December 2023 to 22.75% in March 2024 , indicating that domestic institutions reduced their -0.15 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 11.81% in December 2023 to 12.19% in March 2024. This suggests that foreign institutions grew their investments 0.38 in the company during the quarter. During quater from December 2023 to March 2024, Goverenment ownership remained steady at 0.02%.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 | 0.341 | 0.328 | 6.95 | 6.69 | -0.26 % |
Observations indicate a sizeable -0.26 % 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.
| 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/ | 0.993 | 1.011 | 20.25 | 20.63 | + 0.38 % |
| HSBC SMALL CAP FUND | 0 | 0.054 | 0 | 1.1 | +1.1% |
| HDFC MUTUAL FUND – HDFC CHILDRENS GIFT FUND | 0 | 0.442 | 0 | 9.01 | +9.01% |
| DSP VALUE FUND | 0.225 | 0.163 | 4.59 | 3.32 | -1.27 % |
| ICICI PRUDENTIAL VALUE DISCOVERY FUND | 0 | 0.074 | 0 | 1.52 | +1.52% |
| Alternate Investment Funds | 0.109 | 0.082 | 2.23 | 1.68 | -0.55 % |
| Insurance Companies | 0.021 | 0.022 | 0.43 | 0.44 | + 0.01 % |
| HDFC LARGE AND MID CAP FUND | 0.432 | 0 | 8.81 | 0 | -8.81% |
The latest quarter saw a considerable enhancement in profitability for Mutual Funds/, reflecting an uptick of 0.38 % 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.DSP VALUE FUND decreased their stake from 3.32% in the previous quarter to 4.59% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -1.27 %.Alternate Investment Funds decreased their stake from 1.68% in the previous quarter to 2.23% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.55 %.The latest quarter saw a considerable enhancement in profitability for Insurance Companies, 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.HSBC SMALL CAP FUND had no shares in the previous quarter but now holds 1.1% of shares in the current quarter.HDFC MUTUAL FUND – HDFC CHILDRENS GIFT FUND had no shares in the previous quarter but now holds 9.01% of shares in the current quarter.ICICI PRUDENTIAL VALUE DISCOVERY FUND had no shares in the previous quarter but now holds 1.52% of shares in the current quarter.HDFC LARGE AND MID CAP FUND had 8.81% 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 | 0.528 | 0.545 | 10.77 | 11.11 | + 0.34 % |
| PINEBRIDGE GLOBAL FUNDS – PINEBRIDGE INDIA EQUITY | 0.111 | 0.117 | 2.25 | 2.38 | + 0.13 % |
| Foreign Portfolio Investors Category II | 0.051 | 0.053 | 1.04 | 1.08 | + 0.04 % |
During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.34 % in net profit.During this past quarter, there was a noteworthy upswing in profitability for PINEBRIDGE GLOBAL FUNDS – PINEBRIDGE INDIA EQUITY, which experienced a significant increase of 0.13 % 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 0.04 % in net profit.
