Share the post "Responsive Industries Ltd Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Responsive Industries Ltd 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 | 15.73 | 15.62 | 58.94 | 58.58 | -0.36 % |
| Public | 10.96 | 11.04 | 2.37 | 2.76 | +0.39 % |
| DII | 0.95 | 0.96 | 3.57 | 3.58 | +0.01 % |
| FII | 9.37 | 9.35 | 35.12 | 35.08 | -0.04 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 58.94% in December 2023 to 58.58% 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 2.37% in December 2023 to 2.76% in March 2024.This change suggests that the public’s investment in the company grew during the quarter.DIIs (Domestic Institutional Investors) shareholding increased from 3.57% in December 2023 to 3.58% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.01% . FIIs (Foreign Institutional Investors) shareholding decreased from 35.12% in December 2023 to 35.08% 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 Quarter Shares (in %) | Current Quarter Shares (in %) | Quarter-to-Quarter Difference (%) |
|---|---|---|---|---|---|
| Mr. Rishabh Rajkumar Agarwal | 0.004 | 0.004 | 0.01 | 0.02 | + 0.01 % |
| Wellknown Business Ventures LLP | 12.343 | 12.666 | 46.24 | 47.51 | + 1.27 % |
| Fairpoint Tradecom LLP | 2.500 | 2.500 | 9.37 | 9.38 | + 0.01 % |
| Axiom Cordages Limited | 0.442 | 0 | 1.66 | 0 | -1.66% |
Mr. Rishabh Rajkumar Agarwal has showcased a remarkable improvement in profitability for this quarter, registering a significant increase of 0.01 % 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.Wellknown Business Ventures LLP has showcased a remarkable improvement in profitability for this quarter, registering a significant increase of 1.27 % 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.Fairpoint Tradecom LLP has showcased a remarkable improvement in profitability for this quarter, registering a significant increase of 0.01 % 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.Axiom Cordages Limited had 1.66% 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 (%) |
|---|---|---|---|---|---|
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 0.230 | 0.285 | 0.86 | 1.07 | + 0.21 % |
| Bodies Corporate | 0.238 | 0.285 | 0.89 | 1.07 | + 0.18 % |
| Any Other (specify) | 0.009 | 0.011 | 0.03 | 0.04 | + 0.01 % |
| HUF | 0.009 | 0.010 | 0.03 | 0.04 | + 0.01 % |
| LLP | 0.001 | 0.002 | 0 | 0.01 | + 0.01 % |
Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital up to Rs. 2 lakhs lifts the bar with a remarkable 0.21 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Bodies Corporate lifts the bar with a remarkable 0.18 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Any Other (specify) lifts the bar with a remarkable 0.01 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, HUF lifts the bar with a remarkable 0.01 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, LLP lifts the bar with a remarkable 0.01 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.
| 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/ | 0.003 | 0.004 | 0.01 | 0.02 | + 0.01 % |
| Insurance Companies | 0.951 | 0.951 | 3.56 | 3.57 | + 0.01 % |
| Life Insurance Corporation of India | 0 | 0.951 | 0 | 3.57 | +3.57% |
| Life Insurance Corporation Of India | 0.951 | 0 | 3.56 | 0 | -3.56% |
The latest quarter saw a considerable enhancement in profitability for Mutual Funds/, reflecting an uptick of 0.01 % 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 Insurance Companies, reflecting an uptick of 0.01 % 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.Life Insurance Corporation of India had no shares in the previous quarter but now holds 3.57% of shares in the current quarter.Life Insurance Corporation Of India had 3.56% 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 Direct Investment | 7.748 | 7.832 | 29.03 | 29.38 | + 0.35 % |
| Brenzett Limited | 1.188 | 1.188 | 4.45 | 4.46 | + 0.01 % |
| Xatis International Limited | 3.270 | 3.270 | 12.25 | 12.27 | + 0.02 % |
| Fossebridge Limited | 3.290 | 3.374 | 12.32 | 12.66 | + 0.34 % |
| Foreign Portfolio Investors Category I | 1.559 | 1.446 | 5.84 | 5.42 | -0.42 % |
| Foreign Portfolio Investors Category II | 0.067 | 0.074 | 0.25 | 0.28 | + 0.03 % |
During this past quarter, there was a noteworthy upswing in profitability for Foreign Direct Investment, which experienced a significant increase of 0.35 % in net profit.During this past quarter, there was a noteworthy upswing in profitability for Brenzett Limited, which experienced a significant increase of 0.01 % in net profit.During this past quarter, there was a noteworthy upswing in profitability for Xatis International Limited, which experienced a significant increase of 0.02 % in net profit.During this past quarter, there was a noteworthy upswing in profitability for Fossebridge Limited, which experienced a significant increase of 0.34 % in net profit.Profitability dwindled by -0.42 % 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 0.03 % in net profit.
