Latest Shareholding Pattern MTAR Technologies Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

MTAR Technologies Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

MTAR Technologies Limited 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 1.15 1.15 37.26 37.26 0
Public 1.93 1.93 32.74 34.09 +1.35 %
DII 0.58 0.56 18.98 18.08 -0.9 %
FII 0.34 0.33 11.02 10.57 -0.45 %
Government 0 0 0 0 0
Promoters shareholding remained stable, at 37.26% 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 32.74% in December 2023 to 34.09% 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 18.98% in December 2023 to 18.08% in March 2024 , indicating that domestic institutions reduced their -0.9 stake in the company.FIIs (Foreign Institutional Investors) shareholding decreased from 11.02% in December 2023 to 10.57% 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 .

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 (%)
A MANOGNA 0.097 0.119 3.15 3.86 + 0.71 %
MITTA MADHAVI 0.099 0.121 3.21 3.92 + 0.71 %
K SHALINI 0.119 0.076 3.87 2.46 -1.41 %
A MANOGNA has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 0.71 %.MITTA MADHAVI has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 0.71 %.K SHALINI faced a downturn in stakeholding this quarter, witnessing a decline of -1.41 % in stakeholding compared to the previous 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 0.913 0.955 29.67 31.06 + 1.39 %
Non Resident Indians (NRIs) 0.031 0.033 1.01 1.06 + 0.05 %
Bodies Corporate 0.037 0.030 1.21 0.96 -0.25 %
Any Other (specify) 0.026 0.031 0.86 1.01 + 0.15 %
HUF 0.026 0.029 0.86 0.95 + 0.09 %
Clearing Members 0.000 0.002 0 0.06 + 0.06 %
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 1.39 %.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.05 %.Observations show a significant difference of -0.25 % in Bodies Corporate’s financial performance between quarters.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.15 %.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.09 %.Leading the way to higher stakeholding, Clearing Members has significantly boosted stakeholding by an impressive 0.06 %.
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/ 0.560 0.457 18.21 14.86 -3.35 %
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL F 0 0.053 0 1.74 +1.74%
UTI SMALL CAP FUND 0 0.043 0 1.41 +1.41%
FRANKLIN INDIA OPPORTUNITES FUND 0.041 0.061 1.32 1.99 + 0.67 %
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA GRO 0.165 0.165 5.35 5.36 + 0.01 %
HDFC MUTUAL FUND – HDFC DEFENCE FUND 0 0.085 0 2.76 +2.76%
Insurance Companies 0.023 0.099 0.76 3.21 + 2.45 %
ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED 0 0.093 0 3.02 +3.02%
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND 0.118 0 3.84 0 -3.84%
UTI ELSS TAX SAVER FUND 0.089 0 2.88 0 -2.88%
HDFC TRUSTEE COMPANY LIMITED – HDFC INFRASTRUCTURE 0.068 0 2.21 0 -2.21%
ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C 0.048 0 1.57 0 -1.57%
Mutual Funds/ decreased their stake from 14.86% in the previous quarter to 18.21% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -3.35 %.The latest quarter saw a considerable enhancement in stakeholding for FRANKLIN INDIA OPPORTUNITES FUND, reflecting an uptick of 0.67 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA GRO, reflecting an uptick of 0.01 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 2.45 % in their shares.AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL F had no shares in the previous quarter but now holds 1.74% of shares in the current quarter.UTI SMALL CAP FUND had no shares in the previous quarter but now holds 1.41% of shares in the current quarter.HDFC MUTUAL FUND – HDFC DEFENCE FUND had no shares in the previous quarter but now holds 2.76% of shares in the current quarter.ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED had no shares in the previous quarter but now holds 3.02% of shares in the current quarter.AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND had 3.84% of shares in the previous quarter but exited in the current quarter.UTI ELSS TAX SAVER FUND had 2.88% of shares in the previous quarter but exited in the current quarter.HDFC TRUSTEE COMPANY LIMITED – HDFC INFRASTRUCTURE had 2.21% of shares in the previous quarter but exited in the current quarter.ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C had 1.57% 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 0.333 0.319 10.84 10.38 -0.46 %
POLAR CAPITAL FUNDS PLC – EMERGING MARKET STARS FU 0.049 0.051 1.59 1.67 + 0.08 %
ISHARES II PUBLIC LIMITED COMPANY – ISHARES GLOBAL 0.048 0.041 1.56 1.34 -0.22 %
Foreign Portfolio Investors Category II 0.005 0.006 0.18 0.19 + 0.01 %
ISHARES GLOBAL CLEAN ENERGY ETF 0.037 0 1.2 0 -1.2%
Stakeholding dwindled by -0.46 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for POLAR CAPITAL FUNDS PLC – EMERGING MARKET STARS FU, which experienced a significant increase of 0.08 % .Stakeholding dwindled by -0.22 % for ISHARES II PUBLIC LIMITED COMPANY – ISHARES GLOBAL in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.01 % .ISHARES GLOBAL CLEAN ENERGY ETF had 1.2% of shares in the previous quarter but exited in the current quarter.

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