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Shareholding Pattern: Shareholding Pattern Nitin Castings Limited An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

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Nitin Castings Limited has unveiled its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q4-Mar 2023-2024).This comprehensive report offers a deep dive into the company’s shareholding landscape, including details on Promoters, promoter groups, Foreign investors, public investors, and government entities. Through meticulous comparative analysis, it tracks the evolution of shareholding percentages and quantities, highlighting any shifts in ownership dynamics. Investors gain invaluable insights into the company’s ownership structure and the evolving investment landscape.
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 0.37 0.37 71.39 71.39 0
Public 0.15 0.15 28.61 28.61 0
DII 0 0 0 0 0
FII 0 0 0 0 0
Government 0.00 0.00 0 0 0
Promoters shareholding remained stable, at 71.39% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. Public shareholding remained consistent, holding steady at 28.61% in both December 2023 and March 2024. This indicates that the Public control over the company did not change during this period. 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 (%)
NITIN S KEDIA 0.055 0.000 10.73 0 -10.73 %
Nirmal Bhagirathprasad Kedia 0.046 0.008 9.02 1.57 -7.45 %
Nitin S Kedia 0 0.013 0 2.57 +2.57%
NITIN SHANTIKUMAR KEDIA 0 0.055 0 10.73 +10.73%
Nirmal Bhagirathprasad Kedia 0.008 0 1.57 0 -1.57%
SHANTIKUMAR NITIN KUMAR 0.013 0 2.57 0 -2.57%
NITIN S KEDIA faced a downturn in profitability this quarter, witnessing a decline of -10.73 % 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.Nirmal Bhagirathprasad Kedia faced a downturn in profitability this quarter, witnessing a decline of -7.45 % 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.Nitin S Kedia had no shares in the previous quarter but now holds 2.57% of shares in the current quarter.NITIN SHANTIKUMAR KEDIA had no shares in the previous quarter but now holds 10.73% of shares in the current quarter.Nirmal Bhagirathprasad Kedia had 1.57% of shares in the previous quarter but exited in the current quarter.SHANTIKUMAR NITIN KUMAR had 2.57% 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 (%)
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRS 0 0.008 0 1.49 +1.49%
Resident Individuals holding nominal share capital up to Rs. 2 lakhs 0.046 0.042 8.92 8.22 -0.7 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs 0.071 0.075 13.88 14.67 + 0.79 %
Non Resident Indians (NRIs) 0.001 0.001 0.2 0.16 -0.04 %
TFC ENGINEERING PVT. LTD. 0 0.019 0 3.67 +3.67%
Any Other (specify) 0.002 0.002 0.43 0.38 -0.05 %
HUF 0 0.002 0 0.38 +0.38%
Observations indicate a sizeable -0.7 % variance in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’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 in excess of Rs. 2 lakhs lifts the bar with a remarkable 0.79 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.04 % variance in Non Resident Indians (NRIs)’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.05 % variance in Any Other (specify)’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRS had no shares in the previous quarter but now holds 1.49% of shares in the current quarter.TFC ENGINEERING PVT. LTD. had no shares in the previous quarter but now holds 3.67% of shares in the current quarter.HUF had no shares in the previous quarter but now holds 0.38% of shares in the current quarter.

Sangeetha S, these shareholders are the Anchor investors of current and previous quarter.

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