Share the post "GHCL Ltd. Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
GHCL 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 | 1.82 | 1.82 | 19.03 | 19.04 | +0.01 % |
| Public | 4.57 | 4.56 | 47.7 | 47.66 | -0.04 % |
| DII | 0.83 | 0.80 | 8.62 | 8.31 | -0.31 % |
| FII | 2.36 | 2.39 | 24.66 | 24.99 | +0.33 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters’ shareholding increased from 19.03% in December 2023 to 19.04% in March 2024. This rise indicates that the promoters have strengthened their control over Company during this period.Domestic Institutional Investor’s (DII) shareholding decreased slightly from 8.62% in December 2023 to 8.31% in March 2024 , indicating that domestic institutions reduced their -0.31 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 24.66% in December 2023 to 24.99% in March 2024. This suggests that foreign institutions grew their investments 0.33 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 Quarter Shares (in %) | Current Quarter Shares (in %) | Quarter-to-Quarter Difference (%) |
|---|---|---|---|---|---|
| Neelabh Dalmia | 0.011 | 0.012 | 0.12 | 0.13 | + 0.01 % |
Neelabh Dalmia has showcased a remarkable improvement in profitability for this quarter, registering a significant increase of 0.01 % 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.
| 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 | 1.760 | 1.819 | 18.38 | 19.01 | + 0.63 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.953 | 0.879 | 9.96 | 9.19 | -0.77 % |
| Rajiv Kumar | 0.140 | 0.165 | 1.46 | 1.72 | + 0.26 % |
| Non Resident Indians (NRIs) | 0.164 | 0.169 | 1.72 | 1.76 | + 0.04 % |
| Bodies Corporate | 1.227 | 1.224 | 12.82 | 12.79 | -0.03 % |
| Any Other (specify) | 0.279 | 0.288 | 2.91 | 3.01 | + 0.1 % |
| Clearing Members | 0.000 | 0.006 | 0 | 0.06 | + 0.06 % |
| HUF | 0.113 | 0.109 | 1.18 | 1.14 | -0.04 % |
| LLP | 0.116 | 0.126 | 1.21 | 1.32 | + 0.11 % |
| Trusts | 0.049 | 0.048 | 0.52 | 0.5 | -0.02 % |
Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital up to Rs. 2 lakhs lifts the bar with a remarkable 0.63 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.77 % 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.Spearheading a savvy charge towards increased profitability, Rajiv Kumar lifts the bar with a remarkable 0.26 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Non Resident Indians (NRIs) 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 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 0.1 % 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 0.06 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.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.Spearheading a savvy charge towards increased profitability, LLP lifts the bar with a remarkable 0.11 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.02 % variance in Trusts’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/ | 0.669 | 0.705 | 6.99 | 7.36 | + 0.37 % |
| Uti Aggressive Hybrid Fund | 0 | 0.130 | 0 | 1.36 | +1.36% |
| Franklin India Smaller Companies Fund | 0.150 | 0.145 | 1.57 | 1.51 | -0.06 % |
| Alternate Investment Funds | 0.081 | 0.016 | 0.84 | 0.16 | -0.68 % |
| Uti – Hybrid Equity Fund | 0.098 | 0 | 1.02 | 0 | -1.02% |
The latest quarter saw a considerable enhancement in profitability for Mutual Funds/, reflecting an uptick of 0.37 % 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.Franklin India Smaller Companies Fund decreased their stake from 1.51% in the previous quarter to 1.57% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.06 %.Alternate Investment Funds decreased their stake from 0.16% in the previous quarter to 0.84% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.68 %.Uti Aggressive Hybrid Fund had no shares in the previous quarter but now holds 1.36% of shares in the current quarter.Uti – Hybrid Equity Fund had 1.02% 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 (%) |
|---|---|---|---|---|---|
| Foreign Portfolio Investors Category I | 1.956 | 1.989 | 20.44 | 20.78 | + 0.34 % |
| Foreign Portfolio Investors Category II | 0.404 | 0.403 | 4.22 | 4.21 | -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 0.34 % in net profit.Profitability dwindled by -0.01 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter. To secure a foundation for prospective sustainable progress, investigating the factors prompting this decline is vital.
24
3-Year Profit
11
5-Year Profit
16
10-Year Profit
651
Current Price
6,233
Market Cap
The financial outlook for the company under BSE code 500171 reveals a significant five-year profit of 11 percents. This marks a notable increase to 24 percents over the last three years, indicating a strong upward trend in the company's financial health during this period. However, it's important to note that recent challenges have impacted the company's performance, leading to a trailing twelve-month loss of -50 percents. This sharp decline in profitability is particularly concerning, as the company has also reported no sales across any analyzed timeframe, suggesting a highly unconventional and perhaps risky operational approach. The company's stock prices mirror this financial volatility, with the stock trading at 28 percents over the past five years but experiencing a dramatic drop to 7 percents within the last year. Over a decade, the stock price was at 22 percents, reflecting long-term concerns regarding the company's stability and future outlook. Such performance poses questions about the sustainability of the business and whether it can rebound from these recent setbacks.
The company currently holds a market cap of ₹6,233 crore, with its stock trading at ₹651. Historically, the stock has fluctuated between ₹727 / 435, reflecting its performance in response to market dynamics and various economic factors. The company's Price-to-Earnings (P/E) ratio stands at 12.0, indicating that the stock is perceived as highly valued by the market, possibly driven by expectations of future earnings growth. The book value per share is ₹311, which offers insight into the company's intrinsic worth, while its dividend yield of 1.84% provides a steady return for long-term investors. Return on Capital Employed (ROCE) is 20.6%, showcasing the company’s ability to generate profits from its capital investments. Return on Equity (ROE) is 17.3%, highlighting how efficiently the company uses shareholder funds to generate profits. The debt-to-equity ratio is very low at 0.07, which is a positive indicator of financial stability. However, the company’s net cash flow of ₹-112 crore raises concerns about its liquidity position. The Piotroski score of 5.00 reflects the company’s overall financial health, while the Graham Number of ₹616 suggests the stock's intrinsic value. Despite these factors, the Price-to-Book (P/B) ratio of 2.09 indicates that the stock is trading at a premium to its book value, which might imply market optimism about the company's future growth prospects.
