HEG 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 | 2.15 | 2.15 | 55.78 | 55.78 | 0 |
| Public | 1.10 | 1.04 | 28.49 | 26.96 | -1.53 % |
| DII | 0.34 | 0.40 | 8.87 | 10.39 | +1.52 % |
| FII | 0.26 | 0.26 | 6.86 | 6.86 | 0 |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 55.78% 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 increased from 8.87% in December 2023 to 10.39% in March 2024 , indicating that domestic institutions increased their stake in the company by 1.52% . FIIs (Foreign Institutional Investors) shareholding remained at 6.86% from December 2023 to March 2024. , indicating no change in the investment levels by foreign institutions 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.
LAKSHMI NIWAS JHUNJHUNWALA had no shares in the previous quarter but now holds 0% of shares 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 | 0.691 | 0.655 | 17.9 | 16.96 | -0.94 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.051 | 0.046 | 1.31 | 1.19 | -0.12 % |
| Bodies Corporate | 0.130 | 0.126 | 3.37 | 3.27 | -0.1 % |
| Any Other (specify) | 0.176 | 0.162 | 4.56 | 4.19 | -0.37 % |
| Clearing Members | 0.003 | 0.002 | 0.09 | 0.06 | -0.03 % |
| HUF | 0.035 | 0.031 | 0.9 | 0.81 | -0.09 % |
| MEKIMA CORPORATION | 0.136 | 0.126 | 3.52 | 3.26 | -0.26 % |
| Overseas Corporate Bodies | 0.136 | 0.126 | 3.52 | 3.26 | -0.26 % |
Observations indicate a sizeable -0.94 % 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 -0.12 % 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 -0.1 % 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 -0.37 % 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 -0.03 % 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 -0.09 % variance in HUF’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.26 % variance in MEKIMA CORPORATION’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.26 % variance in Overseas Corporate Bodies’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/ | 0.186 | 0.253 | 4.82 | 6.56 | + 1.74 % |
| SBI ENERGY OPPORTUNITIES FUND | 0 | 0.043 | 0 | 1.13 | +1.13% |
| QUANT MUTUAL FUND – QUANT COMMODITIES FUND | 0 | 0.141 | 0 | 3.66 | +3.66% |
| Alternate Investment Funds | 0.029 | 0.029 | 0.76 | 0.75 | -0.01 % |
| Insurance Companies | 0.126 | 0.118 | 3.27 | 3.07 | -0.2 % |
| LICI ASM NON PAR | 0.087 | 0.079 | 2.27 | 2.05 | -0.22 % |
| QUANT MUTUAL FUND-QUANT SMALL CAP FUND | 0.140 | 0 | 3.62 | 0 | -3.62% |
| THE NEW INDIA ASSURANCE COMPANY LIMITED | 0.039 | 0 | 1 | 0 | -1% |
The latest quarter saw a considerable enhancement in profitability for Mutual Funds/, reflecting an uptick of 1.74 % 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.Alternate Investment Funds decreased their stake from 0.75% in the previous quarter to 0.76% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.Insurance Companies decreased their stake from 3.07% in the previous quarter to 3.27% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.2 %.LICI ASM NON PAR decreased their stake from 2.05% in the previous quarter to 2.27% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.22 %.SBI ENERGY OPPORTUNITIES FUND had no shares in the previous quarter but now holds 1.13% of shares in the current quarter.QUANT MUTUAL FUND – QUANT COMMODITIES FUND had no shares in the previous quarter but now holds 3.66% of shares in the current quarter.QUANT MUTUAL FUND-QUANT SMALL CAP FUND had 3.62% of shares in the previous quarter but exited in the current quarter.THE NEW INDIA ASSURANCE COMPANY LIMITED had 1% 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 | 0.245 | 0.253 | 6.35 | 6.56 | + 0.21 % |
| AL MEHWAR COMMERCIAL INVESTMENTS L.L.C. – | 0 | 0.050 | 0 | 1.3 | +1.3% |
| Foreign Portfolio Investors Category II | 0.019 | 0.012 | 0.5 | 0.3 | -0.2 % |
| AL MEHWAR COMMERCIAL INVESTMENTS L.L.C.- | 0.050 | 0 | 1.3 | 0 | -1.3% |
During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.21 % in net profit.Profitability dwindled by -0.2 % 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.AL MEHWAR COMMERCIAL INVESTMENTS L.L.C. – had no shares in the previous fiii quarter but now holds 1.3% of shares in the current quarter.AL MEHWAR COMMERCIAL INVESTMENTS L.L.C.- had 1.3% of shares in the previous quarter but exited in the current quarter.
