Shareholding Pattern: Shareholding Pattern Electrosteel Castings Ltd., 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	26.21	28.57	44.08	46.21	+2.13 %
Public	33.25	33.25	37.07	33.49	-3.58 %
DII	0.26	0.23	0.43	0.37	-0.06 %
FII	10.81	12.18	18.18	19.7	+1.52 %
Government	0.14	0.14	0.24	0.23	-0.01 %

Promoters’ shareholding increased from 44.08% in December 2023 to 46.21% in March 2024. This rise indicates that the promoters have strengthened their control over Company during this period.The percentage of shares held by the public decreased from 37.07% in December 2023 to 33.49% 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 0.43% in December 2023 to 0.37% in March 2024 , indicating that domestic institutions reduced their -0.06 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 18.18% in December 2023 to 19.7% in March 2024. This suggests that foreign institutions grew their investments 1.52 in the company during the quarter. During quater from December 2023 to March 2024, Government’s ownership witnessed a decline, dropping to 0.23%, indicating a decrease in the government’s stake in the company over 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 (%)
ASHA KEJRIWAL/MAYANK KEJRIWAL-TRUSTEE OF SREEJI FAMILY BENEFIT TRUST	3.503	3.503	5.89	5.67	-0.22 %
MAYANK KEJRIWAL	0.621	1.010	1.04	1.63	+ 0.59 %
UDDHAV KEJRIWAL	0.376	0.376	0.63	0.61	-0.02 %
UDDHAV KEJRIWAL	0.000	0.376	0	0.61	+ 0.61 %
ASHA KEJRIWAL	0.181	0.181	0.3	0.29	-0.01 %
SHASHWAT KEJRIWAL	0	0.129	0	0.21	+0.21%
SAMRIDDHI KEJRIWAL	0	0.068	0	0.11	+0.11%
PALLAVI KEJRIWAL	0	0.019	0	0.03	+0.03%
UDDHAV KEJRIWAL	0.376	0.000	0.63	0	-0.63 %
G K & SONS PRIVATE LIMITED	5.066	5.066	8.52	8.19	-0.33 %
ELECTROCAST SALES INDIA LIMITED	4.114	4.114	6.92	6.65	-0.27 %
MURARI INVESTMENT & TRADING COMPANY LIMITED	3.946	3.946	6.64	6.38	-0.26 %
G.K.INVESTMENTS LIMITED	2.982	2.982	5.01	4.82	-0.19 %
UTTAM COMMERCIAL COMPANY LIMITED	2.587	2.587	4.35	4.18	-0.17 %
SREE KHEMISATI CONSTRUCTIONS PRIVATE LIMITED	1.379	1.449	2.32	2.34	+ 0.02 %
MALAY COMMERCIAL ENTERPRISES LIMITED	0.512	0.512	0.86	0.83	-0.03 %
SRI GOPAL INVESTMENTS VENTURES LTD	0.374	0.374	0.63	0.61	-0.02 %
QUINLINE DEALCOMM PRIVATE LIMITED	0.139	0.163	0.23	0.26	+ 0.03 %
GLOBAL EXPORTS LTD.	0.130	0.130	0.22	0.21	-0.01 %
ELLENBARRIE DEVELOPERS PRIVATE LIMITED	0.021	0.127	0.04	0.21	+ 0.17 %
TULSI HIGHRISE PVT LTD	0.000	0.436	0	0.71	+ 0.71 %
MANGALAM EQUITY MANAGEMENT PVT LTD	0.000	1.014	0	1.64	+ 1.64 %
WILCOX MERCHANTS PVT LTD	0.000	0.318	0	0.51	+ 0.51 %
SHASHWAT KEJRIWAL	0.129	0	0.22	0	-0.22%
SAMRIDDHI KEJRIWAL	0.068	0	0.11	0	-0.11%
PALLAVI KEJRIWAL	0.019	0	0.03	0	-0.03%

ASHA KEJRIWAL/MAYANK KEJRIWAL-TRUSTEE OF SREEJI FAMILY BENEFIT TRUST faced a downturn in profitability this quarter, witnessing a decline of -0.22 % 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.MAYANK KEJRIWAL has showcased a remarkable improvement in profitability for this quarter, registering a significant increase of 0.59 % in net profit. This signifies adept cost management strategies, amplified revenue streams, or a harmonious blend of both, underscoring the shareholder’s positive impact on the company’s financial health.UDDHAV KEJRIWAL 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.UDDHAV KEJRIWAL has showcased a remarkable improvement in profitability for this quarter, registering a significant increase of 0.61 % in net profit. This signifies adept cost management strategies, amplified revenue streams, or a harmonious blend of both, underscoring the shareholder’s positive impact on the company’s financial health.ASHA KEJRIWAL faced a downturn in profitability this quarter, witnessing a decline of -0.01 % 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.UDDHAV KEJRIWAL faced a downturn in profitability this quarter, witnessing a decline of -0.63 % 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.G K & SONS PRIVATE LIMITED faced a downturn in profitability this quarter, witnessing a decline of -0.33 % 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.ELECTROCAST SALES INDIA LIMITED faced a downturn in profitability this quarter, witnessing a decline of -0.27 % 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.MURARI INVESTMENT & TRADING COMPANY LIMITED faced a downturn in profitability this quarter, witnessing a decline of -0.26 % 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.G.K.INVESTMENTS LIMITED faced a downturn in profitability this quarter, witnessing a decline of -0.19 % 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.UTTAM COMMERCIAL COMPANY LIMITED faced a downturn in profitability this quarter, witnessing a decline of -0.17 % 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.SREE KHEMISATI CONSTRUCTIONS PRIVATE LIMITED has showcased a remarkable improvement in profitability for this quarter, registering a significant increase of 0.02 % in net profit. This signifies adept cost management strategies, amplified revenue streams, or a harmonious blend of both, underscoring the shareholder’s positive impact on the company’s financial health.MALAY COMMERCIAL ENTERPRISES LIMITED faced a downturn in profitability this quarter, witnessing a decline of -0.03 % 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.SRI GOPAL INVESTMENTS VENTURES LTD 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.QUINLINE DEALCOMM PRIVATE LIMITED has showcased a remarkable improvement in profitability for this quarter, registering a significant increase of 0.03 % in net profit. This signifies adept cost management strategies, amplified revenue streams, or a harmonious blend of both, underscoring the shareholder’s positive impact on the company’s financial health.GLOBAL EXPORTS LTD. faced a downturn in profitability this quarter, witnessing a decline of -0.01 % 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.ELLENBARRIE DEVELOPERS PRIVATE LIMITED has showcased a remarkable improvement in profitability for this quarter, registering a significant increase of 0.17 % in net profit. This signifies adept cost management strategies, amplified revenue streams, or a harmonious blend of both, underscoring the shareholder’s positive impact on the company’s financial health.TULSI HIGHRISE PVT LTD has showcased a remarkable improvement in profitability for this quarter, registering a significant increase of 0.71 % in net profit. This signifies adept cost management strategies, amplified revenue streams, or a harmonious blend of both, underscoring the shareholder’s positive impact on the company’s financial health.MANGALAM EQUITY MANAGEMENT PVT LTD has showcased a remarkable improvement in profitability for this quarter, registering a significant increase of 1.64 % in net profit. This signifies adept cost management strategies, amplified revenue streams, or a harmonious blend of both, underscoring the shareholder’s positive impact on the company’s financial health.WILCOX MERCHANTS PVT LTD has showcased a remarkable improvement in profitability for this quarter, registering a significant increase of 0.51 % in net profit. This signifies adept cost management strategies, amplified revenue streams, or a harmonious blend of both, underscoring the shareholder’s positive impact on the company’s financial health.SHASHWAT KEJRIWAL had no shares in the previous quarter but now holds 0.21% of shares in the current quarter.SAMRIDDHI KEJRIWAL had no shares in the previous quarter but now holds 0.11% of shares in the current quarter.PALLAVI KEJRIWAL had no shares in the previous quarter but now holds 0.03% of shares in the current quarter.SHASHWAT KEJRIWAL had 0.22% of shares in the previous quarter but exited in the current quarter.SAMRIDDHI KEJRIWAL had 0.11% of shares in the previous quarter but exited in the current quarter.PALLAVI KEJRIWAL had 0.03% 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 (%)
Investor Education and Protection Fund	0.243	0.243	0.41	0.39	-0.02 %
Resident Individuals holding nominal share capital up to Rs. 2 lakhs	11.178	10.593	18.8	17.13	-1.67 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	4.599	3.790	7.73	6.13	-1.6 %
Non Resident Indians (NRIs)	0.500	0.439	0.84	0.71	-0.13 %
Foreign Companies	0.824	0.523	1.39	0.85	-0.54 %
Bodies Corporate	3.697	4.119	6.22	6.66	+ 0.44 %
Any Other (specify)	1.004	0.991	1.69	1.6	-0.09 %
Clearing Members	0	0.105	0	0.17	+0.17%
HUF	0	0.881	0	1.43	+1.43%
PGS INVEST CORP	0.824	0	1.39	0	-1.39%

Observations indicate a sizeable -0.02 % variance in Investor Education and Protection Fund ‘s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -1.67 % 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.Observations indicate a sizeable -1.6 % variance in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.13 % 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.Observations indicate a sizeable -0.54 % variance in Foreign Companies’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 0.44 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.09 % variance in Any Other (specify)’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Clearing Members had no shares in the previous quarter but now holds 0.17% of shares in the current quarter.HUF had no shares in the previous quarter but now holds 1.43% of shares in the current quarter.PGS INVEST CORP had 1.39% 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/	0.222	0.199	0.37	0.32	-0.05 %
Banks	0.013	0.008	0.02	0.01	-0.01 %
Insurance Companies	0.016	0.015	0.03	0.02	-0.01 %

Mutual Funds/ decreased their stake from 0.32% in the previous quarter to 0.37% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.05 %.Banks decreased their stake from 0.01% in the previous quarter to 0.02% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.Insurance Companies decreased their stake from 0.02% in the previous quarter to 0.03% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -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 (%)
Foreign Portfolio Investors Category I	10.523	11.841	17.7	19.15	+ 1.45 %
RESONANCE OPPORTUNITIES FUND	1.230	1.230	2.07	1.99	-0.08 %
INDIA OPPORTUNITIES GROWTH FUND LTD – PINEWOOD STRATEGY	3.007	2.957	5.06	4.78	-0.28 %
BELGRAVE INVESTMENT FUND	3.514	3.514	5.91	5.68	-0.23 %
Foreign Portfolio Investors Category II	0.285	0.337	0.48	0.55	+ 0.07 %

During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 1.45 % in net profit.Profitability dwindled by -0.08 % for RESONANCE OPPORTUNITIES FUND in comparison to the preceding quarter. To secure a foundation for prospective sustainable progress, investigating the factors prompting this decline is vital.Profitability dwindled by -0.28 % for INDIA OPPORTUNITIES GROWTH FUND LTD – PINEWOOD STRATEGY in comparison to the preceding quarter. To secure a foundation for prospective sustainable progress, investigating the factors prompting this decline is vital.Profitability dwindled by -0.23 % for BELGRAVE INVESTMENT FUND 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 0.07 % in net profit.

Shareholder Name	Previous Quarter Quantity (In Crores)	Current Quarter Quantity (In Crores)	Previous Quater Shares (in %)	Current Quater Shares (in %)	Quater-to-Quater Difference (%)
Central Government / President of India	0.144	0.144	0.24	0.23	-0.01 %

Central Government / President of India demonstrates diminished profitability this quarter, declining from 0.24% to 0.23%.