Shareholding Pattern: Shareholding Pattern PI Industries Limited 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	6.99	6.99	46.09	46.09	0
Public	8.18	8.18	10.33	9.3	-1.03 %
DII	3.51	3.69	23.15	24.34	+1.19 %
FII	3.10	3.07	20.41	20.26	-0.15 %
Government	0.00	0.00	0	0	0

Promoters shareholding remained stable, at 46.09% 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 decreased from 10.33% in December 2023 to 9.3% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding increased from 23.15% in December 2023 to 24.34% in March 2024 , indicating that domestic institutions increased their stake in the company by 1.19% . FIIs (Foreign Institutional Investors) shareholding decreased from 20.41% in December 2023 to 20.26% 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 Quater Shares (in %)	Current Quater Shares (in %)	Quater-to-Quater Difference (%)
Resident Individuals holding nominal share capital up to Rs. 2 lakhs	1.089	0.974	7.17	6.42	-0.75 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	0.109	0.100	0.72	0.66	-0.06 %
Non Resident Indians (NRIs)	0.113	0.105	0.75	0.69	-0.06 %
Bodies Corporate	0.106	0.088	0.7	0.58	-0.12 %
Any Other (specify)	0.071	0.062	0.47	0.41	-0.06 %
Independent Directors and their relatives	0	0.004	0	0.02	+0.02%
Trusts	0.002	0.000	0.01	0	-0.01 %
HUF	0.038	0.035	0.25	0.23	-0.02 %
Employees	0.026	0.023	0.17	0.15	-0.02 %
Clearing Members	0.001	0.000	0.01	0	-0.01 %
Director or Director’s Relatives	0.004	0	0.02	0	-0.02%

Observations indicate a sizeable -0.75 % 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.Observations indicate a sizeable -0.06 % 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 -0.06 % 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 -0.12 % 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 -0.06 % 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.Observations indicate a sizeable -0.01 % variance in Trusts’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 HUF’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 Employees’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.01 % variance in Clearing Members’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Independent Directors and their relatives had no shares in the previous quarter but now holds 0.02% of shares in the current quarter.Director or Director’s Relatives had 0.02% 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 (%)
Mutual Funds/	2.482	2.275	16.36	14.99	-1.37 %
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL F	0	0.582	0	3.84	+3.84%
UTI BALANCED ADVANTAGE FUND	0	0.162	0	1.07	+1.07%
TATA MUTUAL FUND – TATA HYBRID EQUITY FUND	0	0.187	0	1.23	+1.23%
KOTAK SMALL CAP FUND	0	0.322	0	2.12	+2.12%
CANARA ROBECO MUTUAL FUND A/C CANARA ROBECO MID C	0	0.163	0	1.08	+1.08%
ICICI PRUDENTIAL MUTUAL FUND – ICICI PRUDENTIAL NI	0	0.296	0	1.95	+1.95%
Alternate Investment Funds	0.064	0.058	0.42	0.38	-0.04 %
Banks	0.001	0.000	0.01	0	-0.01 %
Insurance Companies	0.843	1.236	5.56	8.14	+ 2.58 %
SBI LIFE INSURANCE CO. LTD	0	0.166	0	1.1	+1.1%
LIFE INSURANCE CORPORATION OF INDIA	0.377	0.567	2.49	3.74	+ 1.25 %
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED	0	0.254	0	1.67	+1.67%
Provident Funds/ Pension Funds	0.098	0.101	0.65	0.67	+ 0.02 %
ICICI PRUDENTIAL BALANCED ADVANTAGE FUND	0.254	0	1.68	0	-1.68%
CANARA ROBECO MUTUAL FUND A/C CANARA ROBECO MID CAP FUND	0.211	0	1.39	0	-1.39%
KOTAK EQUITY ARBITRAGE FUND	0.281	0	1.85	0	-1.85%
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS ARBITRAGE FUND	0.749	0	4.94	0	-4.94%
UTI NIFTY NEXT 50 INDEX FUND	0.184	0	1.22	0	-1.22%

Mutual Funds/ decreased their stake from 14.99% in the previous quarter to 16.36% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -1.37 %.Alternate Investment Funds decreased their stake from 0.38% in the previous quarter to 0.42% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.04 %.Banks decreased their stake from 0% in the previous quarter to 0.01% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.The latest quarter saw a considerable enhancement in profitability for Insurance Companies, reflecting an uptick of 2.58 % 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.The latest quarter saw a considerable enhancement in profitability for LIFE INSURANCE CORPORATION OF INDIA, reflecting an uptick of 1.25 % 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.The latest quarter saw a considerable enhancement in profitability for Provident Funds/ Pension Funds, reflecting an uptick of 0.02 % 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.AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL F had no shares in the previous quarter but now holds 3.84% of shares in the current quarter.UTI BALANCED ADVANTAGE FUND had no shares in the previous quarter but now holds 1.07% of shares in the current quarter.TATA MUTUAL FUND – TATA HYBRID EQUITY FUND had no shares in the previous quarter but now holds 1.23% of shares in the current quarter.KOTAK SMALL CAP FUND had no shares in the previous quarter but now holds 2.12% of shares in the current quarter.CANARA ROBECO MUTUAL FUND A/C CANARA ROBECO MID C had no shares in the previous quarter but now holds 1.08% of shares in the current quarter.ICICI PRUDENTIAL MUTUAL FUND – ICICI PRUDENTIAL NI had no shares in the previous quarter but now holds 1.95% of shares in the current quarter.SBI LIFE INSURANCE CO. LTD had no shares in the previous quarter but now holds 1.1% of shares in the current quarter.ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED had no shares in the previous quarter but now holds 1.67% of shares in the current quarter.ICICI PRUDENTIAL BALANCED ADVANTAGE FUND had 1.68% of shares in the previous quarter but exited in the current quarter.CANARA ROBECO MUTUAL FUND A/C CANARA ROBECO MID CAP FUND had 1.39% of shares in the previous quarter but exited in the current quarter.KOTAK EQUITY ARBITRAGE FUND had 1.85% of shares in the previous quarter but exited in the current quarter.AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS ARBITRAGE FUND had 4.94% of shares in the previous quarter but exited in the current quarter.UTI NIFTY NEXT 50 INDEX FUND had 1.22% 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	2.992	2.961	19.72	19.51	-0.21 %
Foreign Portfolio Investors Category II	0.104	0.114	0.69	0.75	+ 0.06 %

Profitability dwindled by -0.21 % 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.During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.06 % in net profit.