Share the post "Gujarat Poly Electronics Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Gujarat Poly Electronics 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 | 0.46 | 0.46 | 53.99 | 53.99 | 0 |
| Public | 0.39 | 0.39 | 45.99 | 45.99 | 0 |
| DII | 0.00 | 0.00 | 0.02 | 0.02 | 0 |
| FII | 0 | 0 | 0 | 0 | 0 |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 53.99% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. DIIs (Domestic Institutional Investors) shareholding remained unchanged at 0.02% 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 (%) |
|---|---|---|---|---|---|
| POLYCHEM LIMITED | 0 | 0.462 | 0 | 53.99 | +53.99% |
| Polychem Limited | 0.462 | 0 | 53.99 | 0 | -53.99% |
Promoters shareholding remained stable, at 53.99% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. DIIs (Domestic Institutional Investors) shareholding remained unchanged at 0.02% 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.POLYCHEM LIMITED had no shares in the previous quarter but now holds 53.99% of shares in the current quarter.Polychem Limited had 53.99% 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 | 0.290 | 0.285 | 33.92 | 33.36 | -0.56 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.074 | 0.078 | 8.65 | 9.13 | + 0.48 % |
| PANNU BHANSALI | 0 | 0.010 | 0 | 1.12 | +1.12% |
| HITESH RAMJI JAVERI | 0 | 0.020 | 0 | 2.34 | +2.34% |
| HARSHA HITESH JAVERI | 0 | 0.027 | 0 | 3.16 | +3.16% |
| Non Resident Indians (NRIs) | 0.002 | 0.002 | 0.23 | 0.26 | + 0.03 % |
| Bodies Corporate | 0.004 | 0.004 | 0.47 | 0.46 | -0.01 % |
| Any Other (specify) | 0.011 | 0.011 | 1.26 | 1.31 | + 0.05 % |
| HUF | 0.010 | 0.011 | 1.21 | 1.26 | + 0.05 % |
| LLP | 0.000 | 0.000 | 0.05 | 0.04 | -0.01 % |
| ESCROW ACCOUNT | 0 | 0.000 | 0 | 0.01 | +0.01% |
| Pannu Bhansali | 0.010 | 0 | 1.12 | 0 | -1.12% |
| Hitesh Ramji Javeri | 0.020 | 0 | 2.34 | 0 | -2.34% |
| Harsha Hitesh Javeri | 0.027 | 0 | 3.16 | 0 | -3.16% |
Observations indicate a sizeable -0.56 % 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.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 0.48 % 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 0.03 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.01 % 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 0.05 % 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 0.05 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.01 % variance in LLP’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.PANNU BHANSALI had no shares in the previous quarter but now holds 1.12% of shares in the current quarter.HITESH RAMJI JAVERI had no shares in the previous quarter but now holds 2.34% of shares in the current quarter.HARSHA HITESH JAVERI had no shares in the previous quarter but now holds 3.16% of shares in the current quarter.ESCROW ACCOUNT had no shares in the previous quarter but now holds 0.01% of shares in the current quarter.Pannu Bhansali had 1.12% of shares in the previous quarter but exited in the current quarter.Hitesh Ramji Javeri had 2.34% of shares in the previous quarter but exited in the current quarter.Harsha Hitesh Javeri had 3.16% 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.
26
3-Year Profit
-18
5-Year Profit
0
10-Year Profit
102
Current Price
87.2
Market Cap
Upon examining the financial data for BSE code 517288, it becomes clear that the company achieved a notable five-year profit of -18 percents, which impressively increased to 26 percents in the three-year window. This upward trajectory, however, has been overshadowed by the latest trailing twelve-month (TTM) figures, which indicate a concerning loss of -66 percents. This financial loss is further compounded by the fact that the company has not recorded any sales across any of the timeframes under consideration. Such an unusual situation might suggest that the company operates under an unconventional business model, which could potentially carry higher risks. In terms of stock performance, the company’s stock price has seen a decline, falling from 63 percents over the five-year period to just 146 percents in the last year. The ten-year average stock price, which sits at 32 percents, highlights long-term volatility, casting doubt on the company's ability to sustain its market position over time. This warrants further investigation into the factors driving these fluctuations.
With a market capitalization of ₹87.2 crore, the company’s stock is currently trading at ₹102, having fluctuated within a range of ₹126 / 46.6 over the years. The stock's P/E ratio of 40.4 reflects a relatively high valuation compared to its earnings, which could suggest strong future growth expectations or heightened investor demand. The company’s book value is ₹10.8, representing the total value of its assets on a per-share basis, while the dividend yield of 0.00% offers a modest return to shareholders. ROCE, at 13.9%, highlights the company's efficient use of capital in generating profits, while ROE at 26.3% underscores its ability to generate returns for shareholders. The debt-to-equity ratio of 1.10 is very low, indicating conservative financial management and minimal reliance on borrowed funds. Despite this, the company shows a negative net cash flow of ₹1.70 crore, which could point to cash management challenges or recent heavy investments. The Piotroski score of 7.00 suggests moderate financial strength, while the Graham Number, pegged at ₹24.8, offers a rough estimate of the stock's intrinsic value. The Price-to-Book (P/B) ratio of 9.41 signals that the stock is trading at a premium, which might reflect investor confidence in the company's growth trajectory.
