Pritika Auto Industries 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 | 10.49 | 10.49 | 68.38 | 65.8 | -2.58 % |
| Public | 4.48 | 4.79 | 29.21 | 30.07 | +0.86 % |
| DII | 0 | 0 | 0 | 0 | 0 |
| FII | 0.37 | 0.66 | 2.41 | 4.12 | +1.71 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 68.38% in December 2023 to 65.8% in March 2024. This reduction indicates that the promoters’ control over Company has weakened during this period.FIIs (Foreign Institutional Investors): There was a significant increase from 2.41% in December 2023 to 4.12% in March 2024. This suggests that foreign institutions grew their investments 1.71 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 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 (%) |
|---|---|---|---|---|---|
| GURKARAN SINGH NIBBER | 0.235 | 0.235 | 1.53 | 1.47 | -0.06 % |
| HARPREET SINGH NIBBER | 5.753 | 7.657 | 37.51 | 48.04 | + 10.53 % |
| PRITIKA INDUSTRIES LTD | 2.550 | 2.550 | 16.63 | 16 | -0.63 % |
| RAMINDER SINGH NIBBER | 1.903 | 0 | 12.41 | 0 | -12.41% |
GURKARAN SINGH NIBBER faced a downturn in profitability this quarter, witnessing a decline of -0.06 % 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.HARPREET SINGH NIBBER has showcased a remarkable improvement in profitability for this quarter, registering a significant increase of 10.53 % in net profit. This signifies adept cost management strategies, amplified revenue streams, or a harmonious blend of both, underscoring the shareholder’s positive impact on the company’s financial health.PRITIKA INDUSTRIES LTD faced a downturn in profitability this quarter, witnessing a decline of -0.63 % 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.RAMINDER SINGH NIBBER had 12.41% 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 (%) |
|---|---|---|---|---|---|
| Key Managerial Personnel | 0.004 | 0.004 | 0.03 | 0.02 | -0.01 % |
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 2.793 | 3.062 | 18.21 | 19.22 | + 1.01 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.407 | 0.501 | 2.65 | 3.14 | + 0.49 % |
| RAMESH SAKHARAMPANT DESHPANDE | 0 | 0.200 | 0 | 1.25 | +1.25% |
| Non Resident Indians (NRIs) | 0.768 | 0.783 | 5 | 4.91 | -0.09 % |
| ASHOK SADHWANI | 0.191 | 0.187 | 1.24 | 1.18 | -0.06 % |
| RAJESH SADHWANI | 0.409 | 0.409 | 2.67 | 2.56 | -0.11 % |
| Bodies Corporate | 0.347 | 0.295 | 2.26 | 1.85 | -0.41 % |
| Any Other (specify) | 0.155 | 0.140 | 1.01 | 0.88 | -0.13 % |
| HUF | 0.123 | 0.113 | 0.8 | 0.71 | -0.09 % |
| Firm | 0.032 | 0.027 | 0.21 | 0.17 | -0.04 % |
Observations indicate a sizeable -0.01 % variance in Key Managerial Personnel’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 up to Rs. 2 lakhs lifts the bar with a remarkable 1.01 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.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 0.49 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.09 % 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 -0.06 % variance in ASHOK SADHWANI’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.11 % variance in RAJESH SADHWANI’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.41 % 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 -0.13 % 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 -0.09 % 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 -0.04 % variance in Firm’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.RAMESH SAKHARAMPANT DESHPANDE had no shares in the previous quarter but now holds 1.25% of shares 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 | 0.369 | 0.657 | 2.41 | 4.12 | + 1.71 % |
| TANO INVESTMENT OPPORTUNITIES FUND | 0 | 0.368 | 0 | 2.31 | +2.31% |
| ZENITH MULTI TRADING DMCC | 0.250 | 0.250 | 1.63 | 1.57 | -0.06 % |
During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 1.71 % in net profit.Profitability dwindled by -0.06 % for ZENITH MULTI TRADING DMCC in comparison to the preceding quarter. To secure a foundation for prospective sustainable progress, investigating the factors prompting this decline is vital.TANO INVESTMENT OPPORTUNITIES FUND had no shares in the previous fiii quarter but now holds 2.31% of shares in the current quarter.