Share the post "Shareholding Pattern: Shareholding Pattern KIRLOSKAR ELECTRIC COMPANY LTD. An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
KIRLOSKAR ELECTRIC COMPANY LTD. 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 |
3.29 |
3.29 |
49.51 |
49.51 |
0 |
Public |
3.35 |
3.35 |
44.54 |
44.91 |
+0.37 % |
DII
|
0.14 |
0.11 |
2.11 |
1.73 |
-0.38 % |
FII
|
0.25 |
0.26 |
3.84 |
3.85 |
+0.01 % |
Government
|
0 |
0 |
0 |
0 |
0 |
Promoters shareholding remained stable, at 49.51% 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 44.54% in December 2023 to 44.91% 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 2.11% in December 2023 to 1.73% in March 2024 , indicating that domestic institutions reduced their -0.38 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 3.84% in December 2023 to 3.85% in March 2024. This suggests that foreign institutions grew their investments 0.01 in the company during the quarter.
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 Quarter Shares (in %) |
Current Quarter Shares (in %) |
Quarter-to-Quarter Difference (%) |
VIJAY RAVINDRA KIRLOSKAR |
1.189 |
1.189 |
17.9 |
17.91 |
+ 0.01 % |
VIJAYJYOTHI INVESTMENTSANDAGENCIES PRIVATE LIMITED |
0 |
0.427 |
0 |
6.43 |
+6.43% |
VIJAY KIRTI INVESTMENTS AND AGENCIES PVT LIMITED |
0 |
0.306 |
0 |
4.61 |
+4.61% |
KIRLOSKAR POWER EQUIPMENTS LTD |
0 |
0.115 |
0 |
1.73 |
+1.73% |
KIRLOSKAR BATTERIES PVT LIMITED |
0 |
0.019 |
0 |
0.28 |
+0.28% |
VIJAYAJYOTHI INVESTMENTSANDAGENCIES PRIVATE LIMITED |
0.427 |
0 |
6.43 |
0 |
-6.43% |
VIJAY KIRTI INVESTMENTS AND AGENCIES PRIVATE LIMITED |
0.306 |
0 |
4.61 |
0 |
-4.61% |
KIRLOSKAR POWER EQUIPMENTS LIMITED |
0.115 |
0 |
1.73 |
0 |
-1.73% |
KIRLOSKAR BATTERIES PRIVATE LIMITED |
0.019 |
0 |
0.28 |
0 |
-0.28% |
VIJAY RAVINDRA KIRLOSKAR has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 0.01 %.VIJAYJYOTHI INVESTMENTSANDAGENCIES PRIVATE LIMITED had no shares in the previous quarter but now holds 6.43% of shares in the current quarter.VIJAY KIRTI INVESTMENTS AND AGENCIES PVT LIMITED had no shares in the previous quarter but now holds 4.61% of shares in the current quarter.KIRLOSKAR POWER EQUIPMENTS LTD had no shares in the previous quarter but now holds 1.73% of shares in the current quarter.KIRLOSKAR BATTERIES PVT LIMITED had no shares in the previous quarter but now holds 0.28% of shares in the current quarter.VIJAYAJYOTHI INVESTMENTSANDAGENCIES PRIVATE LIMITED had 6.43% of shares in the previous quarter but exited in the current quarter.VIJAY KIRTI INVESTMENTS AND AGENCIES PRIVATE LIMITED had 4.61% of shares in the previous quarter but exited in the current quarter.KIRLOSKAR POWER EQUIPMENTS LIMITED had 1.73% of shares in the previous quarter but exited in the current quarter.KIRLOSKAR BATTERIES PRIVATE LIMITED had 0.28% 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 |
2.095 |
2.149 |
31.55 |
32.36 |
+ 0.81 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs |
0.624 |
0.624 |
9.4 |
9.39 |
-0.01 % |
Non Resident Indians (NRIs) |
0.082 |
0.078 |
1.23 |
1.17 |
-0.06 % |
Bodies Corporate |
0.156 |
0.131 |
2.36 |
1.98 |
-0.38 % |
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.81 %.Observations show a significant difference of -0.01 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.06 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.38 % in Bodies Corporate’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 (%) |
Alternate Investment Funds |
0.045 |
0.028 |
0.67 |
0.42 |
-0.25 % |
Banks |
0.012 |
0.003 |
0.18 |
0.05 |
-0.13 % |
Alternate Investment Funds decreased their stake from 0.42% in the previous quarter to 0.67% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.25 %.Banks decreased their stake from 0.05% in the previous quarter to 0.18% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.13 %.
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 |
0.000 |
0.001 |
0 |
0.02 |
+ 0.02 % |
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.02 % .
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