Share the post "Everest Industries Ltd. Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Everest Industries 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 | 0.79 | 0.79 | 50.28 | 50.25 | -0.03 % |
| Public | 0.78 | 0.79 | 39.23 | 39.28 | +0.05 % |
| DII | 0.00 | 0.00 | 0.03 | 0.03 | 0 |
| FII | 0.17 | 0.16 | 10.46 | 10.44 | -0.02 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 50.28% in December 2023 to 50.25% 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 increased from 39.23% in December 2023 to 39.28% in March 2024.This change suggests that the public’s investment in the company grew during the quarter.DIIs (Domestic Institutional Investors) shareholding remained unchanged at 0.03% from December 2023 to March 2024. This indicates that domestic institutions maintained their investment level in the company. FIIs (Foreign Institutional Investors) shareholding decreased from 10.46% in December 2023 to 10.44% in March 2024 ,indicating that foreign institutions reduced their investments by 1.5% in the company during the quarter. This suggests a pullback in their investment .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 Quarter Shares (in %) | Current Quarter Shares (in %) | Quarter-to-Quarter Difference (%) |
|---|---|---|---|---|---|
| FALAK INVESTMENT PRIVATE LTD | 0 | 0.793 | 0 | 50.25 | +50.25% |
| FALAK INVESTMENT PRIVATE LIMITED | 0.793 | 0 | 50.28 | 0 | -50.28% |
FALAK INVESTMENT PRIVATE LTD had no shares in the previous quarter but now holds 50.25% of shares in the current quarter.FALAK INVESTMENT PRIVATE LIMITED had 50.28% 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 (%) |
|---|---|---|---|---|---|
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 0.288 | 0.287 | 18.23 | 18.18 | -0.05 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.179 | 0.181 | 11.32 | 11.44 | + 0.12 % |
| TARBIR SHAHPURI | 0.030 | 0.030 | 1.91 | 1.9 | -0.01 % |
| Non Resident Indians (NRIs) | 0.020 | 0.019 | 1.27 | 1.21 | -0.06 % |
| Bodies Corporate | 0.109 | 0.112 | 6.92 | 7.06 | + 0.14 % |
| RADHAKRISHNA RAMNARAIN PRIVATE LIMITED | 0.018 | 0.018 | 1.17 | 1.16 | -0.01 % |
| Any Other (specify) | 0.016 | 0.015 | 1.04 | 0.95 | -0.09 % |
| Clearing Members | 0.002 | 0.001 | 0.13 | 0.08 | -0.05 % |
| HUF | 0.014 | 0.014 | 0.91 | 0.87 | -0.04 % |
| YASHKUMAR POONAMCHAND GOLECHHA | 0.016 | 0 | 1.01 | 0 | -1.01% |
Observations indicate a sizeable -0.05 % 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, Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs lifts the bar with a remarkable 0.12 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.01 % variance in TARBIR SHAHPURI’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.06 % 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.Spearheading a savvy charge towards increased profitability, Bodies Corporate lifts the bar with a remarkable 0.14 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.01 % variance in RADHAKRISHNA RAMNARAIN PRIVATE LIMITED’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.09 % 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.Observations indicate a sizeable -0.05 % variance in Clearing Members’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.04 % variance in HUF’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.YASHKUMAR POONAMCHAND GOLECHHA had 1.01% 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 | 0.165 | 0.165 | 10.46 | 10.44 | -0.02 % |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY | 0.156 | 0.156 | 9.89 | 9.88 | -0.01 % |
Profitability dwindled by -0.02 % for Foreign Portfolio Investors Category I 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 -0.01 % for MASSACHUSETTS INSTITUTE OF TECHNOLOGY in comparison to the preceding quarter. To secure a foundation for prospective sustainable progress, investigating the factors prompting this decline is vital.
