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Shareholding Pattern: Shareholding Pattern Garg Furnace Ltd. An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

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Garg Furnace 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 0.26 0.32 64.23 68.86 +4.63 %
Public 0.14 0.14 35.77 31.14 -4.63 %
DII 0.00 0.00 0 0 0
FII 0 0 0 0 0
Government 0.00 0.00 0 0 0
Promoters’ shareholding increased from 64.23% in December 2023 to 68.86% 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 35.77% in December 2023 to 31.14% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding remained unchanged at 0% from December 2023 to March 2024. This indicates that domestic institutions maintained their investment level in the company. 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 (%)
VANEERA GARG 0.107 0.137 26.63 29.66 + 3.03 %
DAVINDER GARG 0.105 0.135 26.3 29.37 + 3.07 %
TOSHAK GARG 0.022 0.022 5.41 4.71 -0.7 %
DAKSH GARG 0.021 0.021 5.25 4.57 -0.68 %
DAVINDER GARG AND SONS 0 0.002 0 0.43 +0.43%
DEVINDER GARG KARTA OF 0.000 0.000 0.09 0.08 -0.01 %
AMARPREET SINGH THUKRAL 0 0.000 0 0.02 +0.02%
DAVINDER GARG & SONS 0.002 0 0.5 0 -0.5%
AMANPREET SINGH THUKRAL 0.000 0 0.02 0 -0.02%
VANEERA GARG has showcased a remarkable improvement in profitability for this quarter, registering a significant increase of 3.03 % 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.DAVINDER GARG has showcased a remarkable improvement in profitability for this quarter, registering a significant increase of 3.07 % 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.TOSHAK GARG faced a downturn in profitability this quarter, witnessing a decline of -0.7 % 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.DAKSH GARG faced a downturn in profitability this quarter, witnessing a decline of -0.68 % 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.DEVINDER GARG KARTA OF 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.DAVINDER GARG AND SONS had no shares in the previous quarter but now holds 0.43% of shares in the current quarter.AMARPREET SINGH THUKRAL had no shares in the previous quarter but now holds 0.02% of shares in the current quarter.DAVINDER GARG & SONS had 0.5% of shares in the previous quarter but exited in the current quarter.AMANPREET SINGH THUKRAL had 0.02% 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 0.067 0.070 16.74 15.18 -1.56 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs 0.028 0.028 6.92 6 -0.92 %
HARSHA HITESH JAVERI 0.007 0.007 1.62 1.41 -0.21 %
HITESH RAMJI JAVERI 0.007 0.007 1.63 1.41 -0.22 %
Non Resident Indians (NRIs) 0.004 0.004 0.91 0.76 -0.15 %
Bodies Corporate 0.043 0.040 10.77 8.75 -2.02 %
SECUROCROP SECURITIES INDIA PRIVATE LIMITED 0.034 0.030 8.55 6.51 -2.04 %
Any Other (specify) 0.002 0.002 0.42 0.44 + 0.02 %
Firm 0.000 0.000 0 0.09 + 0.09 %
HUF 0.002 0.002 0.42 0.35 -0.07 %
VIVEK SAWHNEY 0.004 0 1.05 0 -1.05%
Observations indicate a sizeable -1.56 % 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 -0.92 % 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 -0.21 % variance in HARSHA HITESH JAVERI’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.22 % variance in HITESH RAMJI JAVERI’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.15 % 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 -2.02 % variance in Bodies Corporate’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -2.04 % variance in SECUROCROP SECURITIES INDIA PRIVATE LIMITED’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, Firm lifts the bar with a remarkable 0.09 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.07 % variance in HUF’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.VIVEK SAWHNEY had 1.05% of shares in the previous quarter but exited in the current quarter.

Harsha Hitesh Javeri, Hitesh Ramji Javeri, these shareholders are the Anchor investors of current and previous quarter.

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