Maruti Suzuki India 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 | 18.30 | 18.30 | 58.19 | 58.19 | 0 |
| Public | 13.15 | 13.15 | 3.44 | 3.17 | -0.27 % |
| DII | 5.59 | 5.97 | 17.77 | 18.99 | +1.22 % |
| FII | 6.48 | 6.18 | 20.6 | 19.65 | -0.95 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 58.19% 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 decreased from 3.44% in December 2023 to 3.17% 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 17.77% in December 2023 to 18.99% in March 2024 , indicating that domestic institutions increased their stake in the company by 1.22% . FIIs (Foreign Institutional Investors) shareholding decreased from 20.6% in December 2023 to 19.65% 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 | 0.896 | 0.826 | 2.85 | 2.63 | -0.22 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.010 | 0.007 | 0.03 | 0.02 | -0.01 % |
| Non Resident Indians (NRIs) | 0.048 | 0.049 | 0.15 | 0.16 | + 0.01 % |
| Bodies Corporate | 0.082 | 0.075 | 0.26 | 0.24 | -0.02 % |
| Any Other (specify) | 0.040 | 0.036 | 0.13 | 0.11 | -0.02 % |
| Clearing Members | 0.005 | 0.002 | 0.02 | 0.01 | -0.01 % |
Observations show a significant difference of -0.22 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.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.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.01 %.Observations show a significant difference of -0.02 % 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 -0.01 % in Clearing Members’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/ | 3.720 | 3.983 | 11.83 | 12.67 | + 0.84 % |
| SBI DIVIDEND YIELD FUND | 0 | 0.631 | 0 | 2.01 | +2.01% |
| UTI TRANSPORTATION AND LOGISTICS FUND | 0 | 0.318 | 0 | 1.01 | +1.01% |
| KOTAK ESG OPPORTUNITIES FUND | 0 | 0.433 | 0 | 1.38 | +1.38% |
| ICICI PRUDENTIAL CONSUMPTION ETF | 0 | 1.188 | 0 | 3.78 | +3.78% |
| Alternate Investment Funds | 0.047 | 0.043 | 0.15 | 0.14 | -0.01 % |
| Banks | 0.018 | 0.000 | 0.06 | 0 | -0.06 % |
| Insurance Companies | 1.390 | 1.544 | 4.42 | 4.91 | + 0.49 % |
| LIFE INSURANCE CORPORATION OF INDIA – ULIF00320091 | 0.641 | 0.814 | 2.04 | 2.59 | + 0.55 % |
| Provident Funds/ Pension Funds | 0.371 | 0.358 | 1.18 | 1.14 | -0.04 % |
| NPS TRUST – A/C LIC PENSION FUND SCHEME – CORPORAT | 0 | 0.358 | 0 | 1.14 | +1.14% |
| ICICI PRUDENTIAL INNOVATION FUND | 1.124 | 0 | 3.57 | 0 | -3.57% |
| KOTAK INDIA GROWTH FUND SERIES 4 | 0.451 | 0 | 1.44 | 0 | -1.44% |
| UTI S & P BSE LOW VOLATILITY INDEX FUND | 0.317 | 0 | 1.01 | 0 | -1.01% |
| SBI MAGNUM EQUITY ESG FUND | 0.706 | 0 | 2.25 | 0 | -2.25% |
| NPS TRUST- A/C LIC PENSION FUND SCHEME – ATAL PENS | 0.371 | 0 | 1.18 | 0 | -1.18% |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.84 % in their shares.Alternate Investment Funds decreased their stake from 0.14% in the previous quarter to 0.15% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.Banks decreased their stake from 0% in the previous quarter to 0.06% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.06 %.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.49 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for LIFE INSURANCE CORPORATION OF INDIA – ULIF00320091, reflecting an uptick of 0.55 % in their shares.Provident Funds/ Pension Funds decreased their stake from 1.14% in the previous quarter to 1.18% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.04 %.SBI DIVIDEND YIELD FUND had no shares in the previous quarter but now holds 2.01% of shares in the current quarter.UTI TRANSPORTATION AND LOGISTICS FUND had no shares in the previous quarter but now holds 1.01% of shares in the current quarter.KOTAK ESG OPPORTUNITIES FUND had no shares in the previous quarter but now holds 1.38% of shares in the current quarter.ICICI PRUDENTIAL CONSUMPTION ETF had no shares in the previous quarter but now holds 3.78% of shares in the current quarter.NPS TRUST – A/C LIC PENSION FUND SCHEME – CORPORAT had no shares in the previous quarter but now holds 1.14% of shares in the current quarter.ICICI PRUDENTIAL INNOVATION FUND had 3.57% of shares in the previous quarter but exited in the current quarter.KOTAK INDIA GROWTH FUND SERIES 4 had 1.44% of shares in the previous quarter but exited in the current quarter.UTI S & P BSE LOW VOLATILITY INDEX FUND had 1.01% of shares in the previous quarter but exited in the current quarter.SBI MAGNUM EQUITY ESG FUND had 2.25% of shares in the previous quarter but exited in the current quarter.NPS TRUST- A/C LIC PENSION FUND SCHEME – ATAL PENS had 1.18% 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 | 6.226 | 5.959 | 19.8 | 18.95 | -0.85 % |
| EUROPACIFIC GROWTH FUND | 0.346 | 0.366 | 1.1 | 1.16 | + 0.06 % |
| Foreign Portfolio Investors Category II | 0.251 | 0.218 | 0.8 | 0.69 | -0.11 % |
| KUWAIT INVESTMENT AUTHORITY FUND 601 | 0.343 | 0 | 1.09 | 0 | -1.09% |
Stakeholding dwindled by -0.85 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for EUROPACIFIC GROWTH FUND, which experienced a significant increase of 0.06 % .Stakeholding dwindled by -0.11 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.KUWAIT INVESTMENT AUTHORITY FUND 601 had 1.09% of shares in the previous quarter but exited in the current quarter.
