Share the post "Escorts Kubota Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Escorts Kubota 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 | 7.47 | 7.47 | 67.64 | 67.64 | 0 |
| Public | 3.37 | 3.37 | 14.9 | 14.88 | -0.02 % |
| DII | 1.16 | 1.08 | 10.54 | 9.76 | -0.78 % |
| FII | 0.55 | 0.65 | 5.02 | 5.85 | +0.83 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 67.64% 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 14.9% in December 2023 to 14.88% 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 10.54% in December 2023 to 9.76% in March 2024 , indicating that domestic institutions reduced their -0.78 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 5.02% in December 2023 to 5.85% in March 2024. This suggests that foreign institutions grew their investments 0.83 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 (%) |
|---|---|---|---|---|---|
| Investor Education and Protection Fund | 0.069 | 0.074 | 0.63 | 0.67 | + 0.04 % |
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 1.063 | 1.067 | 9.62 | 9.66 | + 0.04 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.251 | 0.247 | 2.27 | 2.24 | -0.03 % |
| REKHA RAKESH JHUNJHUNWALA | 0.179 | 0.177 | 1.62 | 1.6 | -0.02 % |
| Non Resident Indians (NRIs) | 0.063 | 0.065 | 0.57 | 0.59 | + 0.02 % |
| Bodies Corporate | 0.162 | 0.151 | 1.46 | 1.37 | -0.09 % |
| Any Other (specify) | 0.039 | 0.041 | 0.35 | 0.37 | + 0.02 % |
| Clearing Members | 0.001 | 0.003 | 0.01 | 0.03 | + 0.02 % |
Spearheading a savvy charge towards increased profitability, Investor Education and Protection Fund lifts the bar with a remarkable 0.04 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital up to 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 -0.03 % 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 -0.02 % variance in REKHA RAKESH JHUNJHUNWALA’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, Non Resident Indians (NRIs) lifts the bar with a remarkable 0.02 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.09 % 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 0.02 % 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.
| 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/ | 0.947 | 0.870 | 8.57 | 7.87 | -0.7 % |
| HDFC TRUSTEE COMPANY LIMITED – HDFC TAX SAVERFUND | 0.164 | 0.170 | 1.48 | 1.54 | + 0.06 % |
| QUANT MUTUAL FUND – QUANT MID CAP FUND | 0.116 | 0.136 | 1.05 | 1.23 | + 0.18 % |
| Alternate Investment Funds | 0.013 | 0.012 | 0.12 | 0.11 | -0.01 % |
| Insurance Companies | 0.203 | 0.195 | 1.84 | 1.76 | -0.08 % |
Mutual Funds/ decreased their stake from 7.87% in the previous quarter to 8.57% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.7 %.The latest quarter saw a considerable enhancement in profitability for HDFC TRUSTEE COMPANY LIMITED – HDFC TAX SAVERFUND, reflecting an uptick of 0.06 % 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 QUANT MUTUAL FUND – QUANT MID CAP FUND, reflecting an uptick of 0.18 % 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.Alternate Investment Funds decreased their stake from 0.11% in the previous quarter to 0.12% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.Insurance Companies decreased their stake from 1.76% in the previous quarter to 1.84% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.08 %.
| 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 | 0.526 | 0.610 | 4.76 | 5.52 | + 0.76 % |
| Foreign Portfolio Investors Category II | 0.027 | 0.033 | 0.24 | 0.3 | + 0.06 % |
| Any Other(Institutions (Foreign)) | 0.002 | 0.003 | 0.01 | 0.03 | + 0.02 % |
| Bodies Corporate | 0.001 | 0.003 | 0.01 | 0.02 | + 0.01 % |
During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.76 % 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 0.06 % in net profit.During this past quarter, there was a noteworthy upswing in profitability for Any Other(Institutions (Foreign)), which experienced a significant increase of 0.02 % in net profit.During this past quarter, there was a noteworthy upswing in profitability for Bodies Corporate, which experienced a significant increase of 0.01 % in net profit.
Rekha Rakesh Jhunjhunwala, these shareholders are the Anchor investors of current and previous quarter.
6
3-Year Profit
17
5-Year Profit
16
10-Year Profit
4,328
Current Price
48,293
Market Cap
The company associated with BSE code 500495 presents a financial narrative of mixed fortunes. Over a five-year period, the company achieved a profit of 17 percents, which subsequently rose to 6 percents over the three years that followed. Yet, despite this initial growth, the company now faces a troubling trailing twelve-month (TTM) profit loss of 29 percents. What’s particularly striking is the company’s complete absence of reported sales across all analyzed periods, which brings into question the viability of its revenue generation strategies and long-term business sustainability. Moreover, stock prices have been highly volatile, reflecting the company’s uncertain future. While the stock was valued at 46 percents over the last five years, it has recently dropped to 24 percents, underscoring a rapid decline in market confidence. Over the longer ten-year period, the stock price was at 38 percents, illustrating a pattern of fluctuating performance that could pose risks for potential investors.
Currently valued at ₹48,293 crore, the company's stock price stands at ₹4,328. Over the years, it has seen significant fluctuations, with its price ranging from ₹4,422 / 2,647, a reflection of its sensitivity to market conditions and investor sentiment. The stock's Price-to-Earnings (P/E) ratio, currently at 45.9, suggests that it is highly valued in comparison to its earnings, possibly indicating strong future growth expectations or a high level of investor confidence. The book value per share is ₹830, which represents the net asset value of the company per share. The dividend yield of 0.42% provides some return to investors, though it may not be the primary attraction for those investing in the stock. The company's Return on Capital Employed (ROCE) is 16.1%, pointing to efficient use of its capital base to generate profits. The Return on Equity (ROE), at 12.0%, highlights the profitability for shareholders. The company's financial health is further underscored by its very low debt-to-equity ratio of 0.01, signaling conservative financial management. However, the net cash flow is negative at ₹27.6 crore, indicating possible liquidity concerns or heavy investment. The Piotroski score of 8.00 provides a snapshot of its financial stability, while the Graham Number, estimated at ₹1,334, offers an intrinsic value benchmark. With a Price-to-Book (P/B) ratio of 5.21, the stock seems to be trading at a premium relative to its book value, which could signal strong market expectations or overvaluation risks.
