RHI MAGNESITA INDIA 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 | 11.58 | 11.58 | 56.07 | 56.07 | 0 |
| Public | 5.47 | 5.54 | 26.49 | 26.84 | +0.35 % |
| DII | 2.84 | 2.75 | 13.77 | 13.31 | -0.46 % |
| FII | 0.76 | 0.78 | 3.67 | 3.77 | +0.1 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 56.07% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. Domestic Institutional Investor’s (DII) shareholding decreased slightly from 13.77% in December 2023 to 13.31% in March 2024 , indicating that domestic institutions reduced their -0.46 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 3.67% in December 2023 to 3.77% in March 2024. This suggests that foreign institutions grew their investments 0.1 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 Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
|---|---|---|---|---|---|
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 1.771 | 1.844 | 8.58 | 8.93 | + 0.35 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.227 | 0.225 | 1.1 | 1.09 | -0.01 % |
| Non Resident Indians (NRIs) | 0.168 | 0.170 | 0.81 | 0.82 | + 0.01 % |
| Bodies Corporate | 2.897 | 2.900 | 14.03 | 14.04 | + 0.01 % |
| Any Other (specify) | 0.088 | 0.085 | 0.43 | 0.41 | -0.02 % |
| INVESTOR EDUCATION AND PROTECTION FUND | 0.318 | 0 | 1.54 | 0 | -1.54% |
| Firm | 0.019 | 0 | 0.09 | 0 | -0.09% |
| Trusts | 0.012 | 0 | 0.06 | 0 | -0.06% |
| HUF | 0.057 | 0 | 0.27 | 0 | -0.27% |
Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital up to Rs. 2 lakhs lifts the bar with a remarkable 0.35 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.01 % 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.Spearheading a savvy charge towards increased profitability, Non Resident Indians (NRIs) 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, Bodies Corporate lifts the bar with a remarkable 0.01 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.02 % 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 had 1.54% of shares in the previous quarter but exited in the current quarter.Firm had 0.09% of shares in the previous quarter but exited in the current quarter.Trusts had 0.06% of shares in the previous quarter but exited in the current quarter.HUF had 0.27% 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/ | 2.625 | 2.540 | 12.71 | 12.3 | -0.41 % |
| NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUN | 0.232 | 0.233 | 1.12 | 1.13 | + 0.01 % |
| ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIR | 0.238 | 0.245 | 1.15 | 1.19 | + 0.04 % |
| HSBC ELSS TAX SAVER FUND | 0 | 0.270 | 0 | 1.31 | +1.31% |
| ICICI PRUDENTIAL MANUFACTURING FUND | 0.218 | 0.303 | 1.06 | 1.47 | + 0.41 % |
| AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AX | 0.638 | 0.617 | 3.09 | 2.99 | -0.1 % |
| Alternate Investment Funds | 0.061 | 0.050 | 0.3 | 0.24 | -0.06 % |
| NBFCs registered with RBI | 0.003 | 0.003 | 0.01 | 0.02 | + 0.01 % |
| HSBC INFRASTRUCTURE FUND | 0.436 | 0 | 2.11 | 0 | -2.11% |
Mutual Funds/ decreased their stake from 12.3% in the previous quarter to 12.71% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.41 %.The latest quarter saw a considerable enhancement in profitability for NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUN, 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 ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIR, reflecting an uptick of 0.04 % 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 ICICI PRUDENTIAL MANUFACTURING FUND, reflecting an uptick of 0.41 % 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 FUND A/C AX decreased their stake from 2.99% in the previous quarter to 3.09% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.1 %.Alternate Investment Funds decreased their stake from 0.24% in the previous quarter to 0.3% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.06 %.The latest quarter saw a considerable enhancement in profitability for NBFCs registered with RBI, 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.HSBC ELSS TAX SAVER FUND had no shares in the previous quarter but now holds 1.31% of shares in the current quarter.HSBC INFRASTRUCTURE FUND had 2.11% 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 | 0.739 | 0.755 | 3.58 | 3.66 | + 0.08 % |
| Foreign Portfolio Investors Category II | 0.018 | 0.024 | 0.09 | 0.12 | + 0.03 % |
During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.08 % in net profit.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.
