Share the post "Glittek Granites Ltd. Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Glittek Granites 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 | 1.66 | 1.68 | 63.91 | 64.79 | +0.88 % |
Public | 0.74 | 0.72 | 28.32 | 27.61 | -0.71 % |
DII | 0.20 | 0.20 | 7.77 | 7.6 | -0.17 % |
FII | 0 | 0 | 0 | 0 | 0 |
Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters’ shareholding increased from 63.91% in December 2023 to 64.79% 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 7.77% in December 2023 to 7.6% in March 2024 , indicating that domestic institutions reduced their -0.17 stake 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 (%) |
---|---|---|---|---|---|
Bimal Kumar Agarwal | 0.094 | 0.000 | 3.6 | 0 | -3.6 % |
Ashoke Agarwal | 0.094 | 0.095 | 3.6 | 3.68 | + 0.08 % |
Manjula Agarwal | 0.014 | 0.150 | 0.52 | 5.77 | + 5.25 % |
Tanushree Agarwal | 0.013 | 0.015 | 0.51 | 0.59 | + 0.08 % |
Mudit Agarwal & Others HUF | 0.009 | 0.000 | 0.34 | 0 | -0.34 % |
Stutee Agarwal | 0.009 | 0.000 | 0.34 | 0 | -0.34 % |
Rashi Agarwal | 0.008 | 0.000 | 0.3 | 0 | -0.3 % |
Tushar Agarwal | 0.008 | 0.010 | 0.31 | 0.38 | + 0.07 % |
Bimal Kumar Agarwal & Others | 0.000 | 0.000 | 0.02 | 0 | -0.02 % |
Nirmala Agarwal (Formerly known as Nirmala Sarawgee) | 0 | 0.000 | 0 | 0.01 | +0.01% |
Nirmala Sarawgee | 0.000 | 0 | 0.01 | 0 | -0.01% |
Bimal Kumar Agarwal faced a downturn in profitability this quarter, witnessing a decline of -3.6 % 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.Ashoke Agarwal has showcased a remarkable improvement in profitability for this quarter, registering a significant increase of 0.08 % 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.Manjula Agarwal has showcased a remarkable improvement in profitability for this quarter, registering a significant increase of 5.25 % 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.Tanushree Agarwal has showcased a remarkable improvement in profitability for this quarter, registering a significant increase of 0.08 % 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.Mudit Agarwal & Others HUF faced a downturn in profitability this quarter, witnessing a decline of -0.34 % 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.Stutee Agarwal faced a downturn in profitability this quarter, witnessing a decline of -0.34 % 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.Rashi Agarwal faced a downturn in profitability this quarter, witnessing a decline of -0.3 % 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.Tushar Agarwal has showcased a remarkable improvement in profitability for this quarter, registering a significant increase of 0.07 % 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.Bimal Kumar Agarwal & Others 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.Nirmala Agarwal (Formerly known as Nirmala Sarawgee) had no shares in the previous quarter but now holds 0.01% of shares in the current quarter.Yogesh Kumar Agarwal (Formerly known as Yogesh Kr Sarawgee) had no shares in the previous quarter but now holds 0% of shares in the current quarter.Late Lalmani Devi Bhawsinka had no shares in the previous quarter but now holds 0% of shares in the current quarter.Shriya Nipun Kedia had no shares in the previous quarter but now holds 0% of shares in the current quarter.Nirmala Sarawgee had 0.01% 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 (%) |
---|---|---|---|---|---|
Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 0.388 | 0.384 | 14.93 | 14.8 | -0.13 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.255 | 0.237 | 9.83 | 9.13 | -0.7 % |
Non Resident Indians (NRIs) | 0.014 | 0.014 | 0.54 | 0.53 | -0.01 % |
Any Other (specify) | 0.039 | 0.042 | 1.49 | 1.61 | + 0.12 % |
HUF | 0.038 | 0.042 | 1.48 | 1.61 | + 0.13 % |
Observations indicate a sizeable -0.13 % 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 -0.7 % 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 -0.01 % 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, Any Other (specify) lifts the bar with a remarkable 0.12 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, HUF lifts the bar with a remarkable 0.13 % 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 (%) |
---|---|---|---|---|---|
Banks | 0.202 | 0.197 | 7.77 | 7.6 | -0.17 % |
ICICI Bank Ltd | 0.202 | 0.197 | 7.77 | 7.6 | -0.17 % |
Banks decreased their stake from 7.6% in the previous quarter to 7.77% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.17 %.ICICI Bank Ltd decreased their stake from 7.6% in the previous quarter to 7.77% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.17 %.