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

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Orient Electric 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 8.17 8.17 38.31 38.31 0
Public 13.16 13.16 26.53 27.97 +1.44 %
DII 6.24 5.80 29.23 27.2 -2.03 %
FII 1.27 1.39 5.93 6.52 +0.59 %
Government 0 0 0 0 0
Promoters shareholding remained stable, at 38.31% 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 26.53% in December 2023 to 27.97% 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 29.23% in December 2023 to 27.2% in March 2024 , indicating that domestic institutions reduced their -2.03 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 5.93% in December 2023 to 6.52% in March 2024. This suggests that foreign institutions grew their investments 0.59 in the company during the quarter.

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 (%)
Key Managerial Personnel 0.012 0.005 0.06 0.02 -0.04 %
Resident Individuals holding nominal share capital up to Rs. 2 lakhs 2.168 2.387 10.16 11.19 + 1.03 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs 0.331 0.417 1.55 1.95 + 0.4 %
Non Resident Indians (NRIs) 0.090 0.088 0.42 0.41 -0.01 %
Foreign Nationals 0.005 0.004 0.03 0.02 -0.01 %
Bodies Corporate 0.222 0.235 1.04 1.1 + 0.06 %
QUALIFIED INSTITUTIONAL BUYER 0.112 0.109 0.53 0.51 -0.02 %
Trusts 0.005 0.006 0.02 0.03 + 0.01 %
HUF 0.096 0.106 0.45 0.5 + 0.05 %
Employees 0.009 0.001 0.04 0.01 -0.03 %
Observations show a significant difference of -0.04 % in Key Managerial Personnel’s financial performance between quarters.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 1.03 %.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 0.4 %.Observations show a significant difference of -0.01 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.01 % in Foreign Nationals’s financial performance between quarters.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.06 %.Observations show a significant difference of -0.02 % in QUALIFIED INSTITUTIONAL BUYER’s financial performance between quarters.Leading the way to higher stakeholding, Trusts has significantly boosted stakeholding by an impressive 0.01 %.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.05 %.Observations show a significant difference of -0.03 % in Employees’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/ 6.078 5.542 28.49 25.97 -2.52 %
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL Fund 0 0.673 0 3.16 +3.16%
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMA 1.378 0.997 6.46 4.67 -1.79 %
KOTAK BALANCED ADVANTAGE FUND 0 0.636 0 2.98 +2.98%
ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C 0.311 0.217 1.46 1.02 -0.44 %
ICICI PRUDENTIAL FLEXICAP FUND 1.465 1.703 6.87 7.98 + 1.11 %
Alternate Investment Funds 0 0.103 0 0.48 +0.48%
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL F 0.673 0 3.16 0 -3.16%
KOTAK FOCUSED EQUITY FUND 0.852 0 3.99 0 -3.99%
Mutual Funds/ decreased their stake from 25.97% in the previous quarter to 28.49% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -2.52 %.NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMA decreased their stake from 4.67% in the previous quarter to 6.46% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -1.79 %.ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C decreased their stake from 1.02% in the previous quarter to 1.46% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.44 %.The latest quarter saw a considerable enhancement in stakeholding for ICICI PRUDENTIAL FLEXICAP FUND, reflecting an uptick of 1.11 % in their shares.AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL Fund had no shares in the previous quarter but now holds 3.16% of shares in the current quarter.KOTAK BALANCED ADVANTAGE FUND had no shares in the previous quarter but now holds 2.98% of shares in the current quarter.Alternate Investment Funds had no shares in the previous quarter but now holds 0.48% of shares in the current quarter.AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL F had 3.16% of shares in the previous quarter but exited in the current quarter.KOTAK FOCUSED EQUITY FUND had 3.99% 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 1.217 1.335 5.71 6.26 + 0.55 %
Foreign Portfolio Investors Category II 0.048 0.056 0.23 0.26 + 0.03 %
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.55 % .During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.03 % .
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