Indian Railway Finance Corporation has released its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q4-Mar 2023-2024).This detailed report examines who owns shares, including Promoters, promoter groups, Foreign investors, public investors, and government entities.
| 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 | 1,128.64 | 1,128.64 | 86.36 | 86.36 | 0 |
| Public | 178.21 | 178.21 | 11.33 | 11.67 | +0.34 % |
| DII | 15.11 | 11.59 | 1.16 | 0.89 | -0.27 % |
| FII | 15.00 | 14.16 | 1.15 | 1.08 | -0.07 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 86.36% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. The percentage of shares held by the public increased from 11.33% in December 2023 to 11.67% in March 2024.This change suggests that the public’s investment in the company grew during the quarter.Domestic Institutional Investor’s (DII) shareholding decreased slightly from 1.16% in December 2023 to 0.89% in March 2024 , indicating that domestic institutions reduced their -0.27 stake in the company.FIIs (Foreign Institutional Investors) shareholding decreased from 1.15% in December 2023 to 1.08% in March 2024 ,indicating that foreign institutions reduced their investments by 1.5% in the company during the quarter. This suggests a pullback in their investment .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 look 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 Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
|---|---|---|---|---|---|
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 112.123 | 122.779 | 8.58 | 9.4 | + 0.82 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 25.743 | 20.583 | 1.97 | 1.58 | -0.39 % |
| Non Resident Indians (NRIs) | 2.996 | 2.787 | 0.23 | 0.21 | -0.02 % |
| Bodies Corporate | 3.628 | 2.964 | 0.28 | 0.23 | -0.05 % |
| Any Other (specify) | 3.600 | 3.341 | 0.28 | 0.26 | -0.02 % |
| HUF | 3.318 | 3.062 | 0.25 | 0.23 | -0.02 % |
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.82 %.Observations show a significant difference of -0.39 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.02 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.05 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.02 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.02 % in HUF’s financial performance between quarters.
| 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/ | 5.196 | 2.318 | 0.4 | 0.18 | -0.22 % |
| Insurance Companies | 9.846 | 9.220 | 0.75 | 0.71 | -0.04 % |
Mutual Funds/ decreased their stake from 0.18% in the previous quarter to 0.4% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.22 %.Insurance Companies decreased their stake from 0.71% in the previous quarter to 0.75% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.04 %.
| 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 | 14.672 | 13.850 | 1.12 | 1.06 | -0.06 % |
| Foreign Portfolio Investors Category II | 0.329 | 0.312 | 0.03 | 0.02 | -0.01 % |
Stakeholding dwindled by -0.06 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.Stakeholding dwindled by -0.01 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.
