Blog Saboo Sodium Chloro Ltd. Shareholding Update: An Examination of Financial Performance for Quarter (Mar 2024)

Saboo Sodium Chloro Ltd. Shareholding Update: An Examination of Financial Performance for Quarter (Mar 2024)

Saboo Sodium Chloro Ltd. has unveiled its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on Mar-31st-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 Shares(in %) Current Quater Shares(in %) Quater to Quater Difference Current Quater Quantity(In Crores) Previous Quater Quantity(In Crores)
Promoters 47.96 43.05 -4.91 % 1.99 2.02
Public 52.04 56.95 +4.91 % 2.64 2.19
DII 0.08 -0.08 % 0.00
Promoters’ shareholding decreased from 47.96% in December 2023 to 43.05% 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 52.04% in December 2023 to 56.95% in March 2024.This change suggests that the public’s investment in the company grew 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 Shares (in %) Current Quarter Shares (in %) Quarter-to-Quarter Difference (%) Current Quarter Quantity (In crores) Previous Quarter Quantity (In crores)
Archana Saboo 2.36 1.63 -0.73 % 0.076 0.099
Girdhar Saboo 45.6 41.42 -4.18 % 1.919 1.919
Archana Saboo faced a downturn in profitability this quarter, witnessing a decline of -0.73 % 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.Girdhar Saboo faced a downturn in profitability this quarter, witnessing a decline of -4.18 % 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.
Shareholder Name Previous Quater Shares (in %) Current Quater Shares (in %) Quater-to-Quater Difference (%) Current Quarter Quantity (In Crores) Previous Quarter Quantity (In Crores)
Resident Individuals holding nominal share capital up to Rs. 2 lakhs 23.02 21.02 -2 % 0.974 0.969
10219 21.02 0.974 0
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs 24.94 33.11 + 8.17 % 1.534 1.049
Tanyaharish Samtani 2.55 2.32 -0.23 % 0.107 0.107
Mahendra Girdharilal 1.58 1.44 -0.14 % 0.067 0.067
Dipak Kanayalal Shah 3.8 3.67 -0.13 % 0.170 0.160
Dilipkumar Lakhi 1.37 1.25 -0.12 % 0.058 0.058
Chandra Shekhar Saboo 1.36 1.24 -0.12 % 0.057 0.057
Others 23.2 1.075 0
Non Resident Indians (NRIs) 1.63 1.41 -0.22 % 0.065 0.068
Non Resident Indians (NRIs)- Non – Repatariable 1.41 0.065 0
Any Other (specify) 1.64 1.41 -0.23 % 0.065 0.069
HUF 1.53 1.31 -0.22 % 0.061 0.064
Bodies Corporate 0.73 0 0.031
Observations indicate a sizeable -2 % 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.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 8.17 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.23 % variance in Tanyaharish Samtani’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.14 % variance in Mahendra Girdharilal’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 Dipak Kanayalal Shah’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 Dilipkumar Lakhi’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 Chandra Shekhar Saboo’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.22 % 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 -0.23 % 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 -0.22 % variance in HUF’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Bodies Corporate had 0.73% of shares in the previous quarter but exited in the current quarter.
Shareholder Name Previous Quater Shares (in %) Current Quater Shares (in %) Quater-to-Quater Difference (%) Current Quarter Quantity (In Crores) Previous Quarter Quantity (In Crores)
Mutual Funds/ 0.08 0 0.003
Mutual Funds/ had 0.08% of shares in the previous quarter but exited in the current quarter.

Dipak Kanayalal Shah, Mahendra Girdharilal, these shareholders are the Anchor investors of current and previous quarter.

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