Share the post "Shareholding Pattern: Shareholding Pattern Kirloskar Ferrous Industries Ltd. An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Kirloskar Ferrous Industries 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 |
7.87 |
7.87 |
56.5 |
56.48 |
-0.02 % |
Public |
6.06 |
6.06 |
29.78 |
29.16 |
-0.62 % |
DII
|
1.67 |
1.74 |
12.01 |
12.5 |
+0.49 % |
FII
|
0.24 |
0.26 |
1.71 |
1.86 |
+0.15 % |
Government
|
0.00 |
0.00 |
0 |
0 |
0 |
Promoters’ shareholding decreased from 56.5% in December 2023 to 56.48% in March 2024. This reduction indicates that the promoters’ control over Company has weakened during this period.The percentage of shares held by the public decreased from 29.78% in December 2023 to 29.16% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding increased from 12.01% in December 2023 to 12.5% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.49% . FIIs (Foreign Institutional Investors): There was a significant increase from 1.71% in December 2023 to 1.86% in March 2024. This suggests that foreign institutions grew their investments 0.15 in the company during the quarter. 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 (%) |
Suman Chandrakant Kirloskar in individual capacity, as Karta of C. S. Kirloskar and as Trustee of Vijaya Durga Devi Trust |
0.009 |
0.009 |
0.07 |
0.06 |
-0.01 % |
Kirloskar Industries Limited |
7.064 |
7.064 |
50.72 |
50.71 |
-0.01 % |
Suman Chandrakant Kirloskar in individual capacity, as Karta of C. S. Kirloskar and as Trustee of Vijaya Durga Devi Trust faced a downturn in profitability this quarter, witnessing a decline of -0.01 % 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.Kirloskar Industries Limited faced a downturn in profitability this quarter, witnessing a decline of -0.01 % 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.
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 |
1.663 |
1.605 |
11.94 |
11.52 |
-0.42 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs |
1.241 |
1.224 |
8.91 |
8.79 |
-0.12 % |
Non Resident Indians (NRIs) |
0.168 |
0.166 |
1.2 |
1.19 |
-0.01 % |
Bodies Corporate |
0.513 |
0.504 |
3.69 |
3.62 |
-0.07 % |
Any Other (specify) |
0.250 |
0.249 |
1.79 |
1.78 |
-0.01 % |
HUF |
0.154 |
0.153 |
1.11 |
1.1 |
-0.01 % |
Trusts |
0.002 |
0.002 |
0.01 |
0.02 |
+ 0.01 % |
Observations indicate a sizeable -0.42 % 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 -0.01 % 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.Observations indicate a sizeable -0.07 % 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 -0.01 % 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 -0.01 % variance in HUF’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, Trusts lifts the bar with a remarkable 0.01 % 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 (%) |
Mutual Funds/ |
1.586 |
1.659 |
11.39 |
11.91 |
+ 0.52 % |
Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund |
0 |
0.153 |
0 |
1.1 |
+1.1% |
Bandhan Sterling Value Fund |
0.377 |
0.408 |
2.71 |
2.93 |
+ 0.22 % |
Alternate Investment Funds |
0.083 |
0.080 |
0.6 |
0.58 |
-0.02 % |
Nippon Life India Trustee Limited – Account Nippon India Small Cap Fund |
0.153 |
0 |
1.1 |
0 |
-1.1% |
The latest quarter saw a considerable enhancement in profitability for Mutual Funds/, reflecting an uptick of 0.52 % 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.The latest quarter saw a considerable enhancement in profitability for Bandhan Sterling Value Fund, reflecting an uptick of 0.22 % 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 0.58% in the previous quarter to 0.6% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.02 %.Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund had no shares in the previous quarter but now holds 1.1% of shares in the current quarter.Nippon Life India Trustee Limited – Account Nippon India Small Cap Fund had 1.1% 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 |
0.200 |
0.212 |
1.44 |
1.52 |
+ 0.08 % |
Foreign Portfolio Investors Category II |
0.035 |
0.045 |
0.25 |
0.32 |
+ 0.07 % |
Foreign Institutional Investors |
0 |
0.003 |
0 |
0.02 |
+0.02% |
Foreign Institutional Investor |
0.003 |
0 |
0.02 |
0 |
-0.02% |
During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.08 % in net profit.During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.07 % in net profit.Foreign Institutional Investors had no shares in the previous fiii quarter but now holds 0.02% of shares in the current quarter.Foreign Institutional Investor had 0.02% of shares in the previous quarter but exited in the current quarter.
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