Shareholding Pattern: Shareholding Pattern Nitco 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	3.61	3.44	50.18	47.93	-2.25 %
Public	3.58	3.74	33.91	36.74	+2.83 %
DII	1.14	1.09	15.89	15.19	-0.7 %
FII	0.00	0.01	0.02	0.14	+0.12 %
Government	0.00	0.00	0	0	0

Promoters’ shareholding decreased from 50.18% in December 2023 to 47.93% 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 increased from 33.91% in December 2023 to 36.74% 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 15.89% in December 2023 to 15.19% in March 2024 , indicating that domestic institutions reduced their -0.7 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 0.02% in December 2023 to 0.14% in March 2024. This suggests that foreign institutions grew their investments 0.12 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 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 (%)
Watco Engineering Co. Pvt. Ltd	0.162	0.000	2.25	0	-2.25 %

Watco Engineering Co. Pvt. Ltd faced a downturn in stakeholding this quarter, witnessing a decline of -2.25 % 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	1.169	0.976	16.26	13.59	-2.67 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	0.820	1.036	11.42	14.42	+ 3 %
Non Resident Indians (NRIs)	0.041	0.031	0.57	0.43	-0.14 %
Bodies Corporate	0.176	0.274	2.45	3.82	+ 1.37 %
Any Other (specify)	0.216	0.307	3.01	4.28	+ 1.27 %
HUF	0.184	0.286	2.57	3.98	+ 1.41 %
LLP	0.032	0.022	0.45	0.3	-0.15 %

Observations show a significant difference of -2.67 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs has significantly boosted stakeholding by an impressive 3 %.Observations show a significant difference of -0.14 % in Non Resident Indians (NRIs)’s financial performance between quarters.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 1.37 %.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 1.27 %.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 1.41 %.Observations show a significant difference of -0.15 % in LLP’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 (%)
Other Financial Institutions	1.142	1.092	15.89	15.19	-0.7 %
Jm Financial Asset Reconstruction Company Limited	1.142	1.092	15.89	15.19	-0.7 %

Other Financial Institutions decreased their stake from 15.19% in the previous quarter to 15.89% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.7 %.Jm Financial Asset Reconstruction Company Limited decreased their stake from 15.19% in the previous quarter to 15.89% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.7 %.

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	0.001	0.010	0.02	0.14	+ 0.12 %

During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.12 % .