Shareholding Pattern: Shareholding Pattern M.M.Forgings Ltd. An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

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	1.36	1.36	56.34	56.34	0
Public	0.66	0.71	27.27	29.55	+2.28 %
DII	0.35	0.29	14.47	11.83	-2.64 %
FII	0.05	0.06	1.93	2.28	+0.35 %
Government	0.00	0.00	0	0	0

Promoters shareholding remained stable, at 56.34% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. Domestic Institutional Investor’s (DII) shareholding decreased slightly from 14.47% in December 2023 to 11.83% in March 2024 , indicating that domestic institutions reduced their -2.64 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 1.93% in December 2023 to 2.28% in March 2024. This suggests that foreign institutions grew their investments 0.35 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 Quater Shares (in %)	Current Quater Shares (in %)	Quater-to-Quater Difference (%)
Resident Individuals holding nominal share capital up to Rs. 2 lakhs	0.321	0.353	13.29	14.61	+ 1.32 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	0.247	0.258	10.25	10.68	+ 0.43 %
Non Resident Indians (NRIs)	0.017	0.020	0.71	0.84	+ 0.13 %
Bodies Corporate	0.051	0.061	2.12	2.51	+ 0.39 %
Any Other (specify)	0.021	0.022	0.88	0.9	+ 0.02 %
Trusts	0.000	0.000	0	0.01	+ 0.01 %
HUF	0.014	0.014	0.56	0.57	+ 0.01 %

Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital up to Rs. 2 lakhs lifts the bar with a remarkable 1.32 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.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 0.43 % 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 0.13 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Bodies Corporate lifts the bar with a remarkable 0.39 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Any Other (specify) lifts the bar with a remarkable 0.02 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.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.Spearheading a savvy charge towards increased profitability, HUF 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/	0.341	0.277	14.14	11.47	-2.67 %
HSBC SMALL CAP FUND	0.076	0.071	3.16	2.94	-0.22 %
TATA MUTUAL FUND	0	0.079	0	3.26	+3.26%
HDFC MUTUAL FUND	0	0.093	0	3.86	+3.86%
Alternate Investment Funds	0.008	0.009	0.33	0.36	+ 0.03 %
FRANKLIN INDIA SMALLER COMPANIES FUND	0.047	0	1.96	0	-1.96%
TATA MUTUAL FUND – TATA SMALL CAP FUND	0.079	0	3.26	0	-3.26%
HDFC MUTUAL FUND – HDFC HYBRID EQUITY FUND	0.093	0	3.86	0	-3.86%

Mutual Funds/ decreased their stake from 11.47% in the previous quarter to 14.14% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -2.67 %.HSBC SMALL CAP FUND decreased their stake from 2.94% in the previous quarter to 3.16% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.22 %.The latest quarter saw a considerable enhancement in profitability for Alternate Investment Funds, reflecting an uptick of 0.03 % 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.TATA MUTUAL FUND had no shares in the previous quarter but now holds 3.26% of shares in the current quarter.HDFC MUTUAL FUND had no shares in the previous quarter but now holds 3.86% of shares in the current quarter.FRANKLIN INDIA SMALLER
COMPANIES FUND had 1.96% of shares in the previous quarter but exited in the current quarter.TATA MUTUAL FUND – TATA SMALL
CAP FUND had 3.26% of shares in the previous quarter but exited in the current quarter.HDFC MUTUAL FUND – HDFC HYBRID
EQUITY FUND had 3.86% 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	0.032	0.027	1.35	1.1	-0.25 %
Foreign Portfolio Investors Category II	0.014	0.028	0.58	1.18	+ 0.6 %
MARVAL GURU FUND	0	0.028	0	1.16	+1.16%

Profitability dwindled by -0.25 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter. To secure a foundation for prospective sustainable progress, investigating the factors prompting this decline is vital.During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.6 % in net profit.MARVAL GURU FUND had no shares in the previous fiii quarter but now holds 1.16% of shares in the current quarter.