Shareholding Pattern: Shareholding Pattern Mirc Electronics 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	12.32	12.32	53.36	53.36	0
Public	10.54	10.76	45.64	46.61	+0.97 %
DII	0.00	0.00	0.01	0.02	+0.01 %
FII	0.23	0.00	0.99	0.01	-0.98 %
Government	0.00	0.00	0	0	0

Promoters shareholding remained stable, at 53.36% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. DIIs (Domestic Institutional Investors) shareholding increased from 0.01% in December 2023 to 0.02% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.01% . FIIs (Foreign Institutional Investors) shareholding decreased from 0.99% in December 2023 to 0.01% 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 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 (%)
G L Mirchandani	4.710	0.010	20.39	0.04	-20.35 %
Vijay Mansukhani	2.634	0.035	11.4	0.15	-11.25 %
Gita Gulu Mirchandani	0.788	0.123	3.41	0.53	-2.88 %
Marissa Vijay Mansukhani	0	2.599	0	11.25	+11.25%
Kaval G Mirchandani	0.005	0.001	0.02	0	-0.02 %
GLM Family Trust (Gulu Lalchand Mirchandani-in the capacity of Trustee)	0	5.368	0	23.24	+23.24%

G L Mirchandani faced a downturn in profitability this quarter, witnessing a decline of -20.35 % 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.Vijay Mansukhani faced a downturn in profitability this quarter, witnessing a decline of -11.25 % 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.Gita Gulu Mirchandani faced a downturn in profitability this quarter, witnessing a decline of -2.88 % 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.Kaval G Mirchandani faced a downturn in profitability this quarter, witnessing a decline of -0.02 % 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.Marissa Vijay Mansukhani had no shares in the previous quarter but now holds 11.25% of shares in the current quarter.GLM Family Trust (Gulu Lalchand Mirchandani-in the capacity of Trustee) had no shares in the previous quarter but now holds 23.24% of shares 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 (%)
Investor Education and Protection Fund	0.179	0.179	0.78	0.77	-0.01 %
Resident Individuals holding nominal share capital up to Rs. 2 lakhs	6.291	7.096	27.24	30.72	+ 3.48 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	2.172	1.818	9.4	7.87	-1.53 %
Vikram Pratapbhai Kotak	0.275	0.270	1.19	1.17	-0.02 %
Non Resident Indians (NRIs)	0.117	0.173	0.51	0.75	+ 0.24 %
Bodies Corporate	1.330	0.987	5.76	4.28	-1.48 %
Adonis Electronics Pvt Ltd	0.342	0.333	1.48	1.44	-0.04 %
Any Other (specify)	0.451	0.511	1.95	2.21	+ 0.26 %
HUF	0.423	0.484	1.83	2.1	+ 0.27 %

Observations indicate a sizeable -0.01 % variance in Investor Education and Protection Fund ‘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, Resident Individuals holding nominal share capital up to Rs. 2 lakhs lifts the bar with a remarkable 3.48 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -1.53 % 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 -0.02 % variance in Vikram Pratapbhai Kotak’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, Non Resident Indians (NRIs) lifts the bar with a remarkable 0.24 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -1.48 % 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 -0.04 % variance in Adonis Electronics Pvt Ltd’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, Any Other (specify) lifts the bar with a remarkable 0.26 % 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 0.27 % 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 (%)
NBFCs registered with RBI	0.001	0.003	0.01	0.02	+ 0.01 %

The latest quarter saw a considerable enhancement in profitability for NBFCs registered with RBI, reflecting an uptick of 0.01 % 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.

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	0.229	0.003	0.99	0.01	-0.98 %

Profitability dwindled by -0.98 % 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.