Safari Industries (India) Ltd., Shareholding Update: 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	2.23	2.23	46.88	45.73	-1.15 %
Public	1.09	1.01	22.92	20.61	-2.31 %
DII	0.80	1.00	16.76	20.52	+3.76 %
FII	0.64	0.64	13.44	13.14	-0.3 %
Government	0.00	0.00	0	0	0

Promoters’ shareholding decreased from 46.88% in December 2023 to 45.73% in March 2024. This reduction indicates that the promoters’ control over Company has weakened during this period.DIIs (Domestic Institutional Investors) shareholding increased from 16.76% in December 2023 to 20.52% in March 2024 , indicating that domestic institutions increased their stake in the company by 3.76% . FIIs (Foreign Institutional Investors) shareholding decreased from 13.44% in December 2023 to 13.14% 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 (%)
SUDHIR MOHANLAL JATIA	1.800	1.800	37.84	36.91	-0.93 %
SAFARI COMMERCIAL LLP	0.430	0.430	9.04	8.82	-0.22 %

SUDHIR MOHANLAL JATIA faced a downturn in profitability this quarter, witnessing a decline of -0.93 % 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.SAFARI COMMERCIAL LLP faced a downturn in profitability this quarter, witnessing a decline of -0.22 % 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 Quarter Quantity (In Crores)	Current Quarter Quantity (In Crores)	Previous Quater Shares (in %)	Current Quater Shares (in %)	Quater-to-Quater Difference (%)
Relatives of promoters (other than ‘immediate relatives’ of promoters disclosed under ‘Promoter and Promoter Group’ category)	0.150	0.147	3.15	3.02	-0.13 %
SHALINI SANJAY JATIA	0.150	0.147	3.15	3.02	-0.13 %
Investor Education and Protection Fund	0.077	0.077	1.61	1.57	-0.04 %
Resident Individuals holding nominal share capital up to Rs. 2 lakhs	0.475	0.421	9.99	8.64	-1.35 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	0.151	0.130	3.17	2.67	-0.5 %
ASHISH KACHOLIA	0.100	0.090	2.1	1.85	-0.25 %
Non Resident Indians (NRIs)	0.020	0.016	0.43	0.32	-0.11 %
Bodies Corporate	0.107	0.107	2.24	2.19	-0.05 %
Any Other (specify)	0.103	0.100	2.16	2.04	-0.12 %
RAJEEV CHITRABHANU HUF	0.075	0.075	1.58	1.54	-0.04 %
Unclaimed or Suspense or Escrow Account	0.015	0.015	0.32	0.31	-0.01 %
HUF	0.085	0.084	1.79	1.73	-0.06 %
Clearing Members	0.002	0.000	0.05	0	-0.05 %

Observations indicate a sizeable -0.13 % variance in Relatives of promoters (other than ‘immediate relatives’ of promoters disclosed under ‘Promoter and Promoter Group’ category)’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 SHALINI SANJAY JATIA’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 Investor Education and Protection Fund ‘s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -1.35 % 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 -0.5 % 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 -0.25 % variance in ASHISH KACHOLIA’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 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 -0.05 % 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 -0.12 % 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 -0.04 % variance in RAJEEV CHITRABHANU 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 -0.01 % variance in Unclaimed or Suspense or Escrow Account’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 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 -0.05 % variance in Clearing Members’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.

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/	0.623	0.728	13.09	14.92	+ 1.83 %
HDFC SMALL CAP FUND	0.163	0.224	3.43	4.59	+ 1.16 %
INVESCO INDIA MULTICAP FUND	0.109	0.129	2.29	2.65	+ 0.36 %
DSP SMALL CAP FUND	0.120	0.122	2.52	2.51	-0.01 %
HSBC MULTI CAP FUND	0.097	0.101	2.03	2.07	+ 0.04 %
SUNDARAM MUTUAL FUND A/C SUNDARAM SMALL	0.064	0.069	1.35	1.42	+ 0.07 %
Alternate Investment Funds	0.109	0.206	2.28	4.23	+ 1.95 %
LIGHTHOUSE INDIA FUND IV AIF	0	0.120	0	2.46	+2.46%
Any Other(Institutions (Domestic))	0.066	0.067	1.38	1.37	-0.01 %
Qualified Institutional Buyer (Qib)	0	0.067	0	1.37	+1.37%
Qualified Institutional Buyers	0.066	0	1.38	0	-1.38%

The latest quarter saw a considerable enhancement in profitability for Mutual Funds/, reflecting an uptick of 1.83 % 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 HDFC SMALL CAP FUND, reflecting an uptick of 1.16 % 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 INVESCO INDIA MULTICAP FUND, reflecting an uptick of 0.36 % 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.DSP SMALL CAP FUND decreased their stake from 2.51% in the previous quarter to 2.52% 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 HSBC MULTI CAP FUND, 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 SUNDARAM MUTUAL FUND A/C SUNDARAM SMALL, reflecting an uptick of 0.07 % 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 Alternate Investment Funds, reflecting an uptick of 1.95 % 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.Any Other(Institutions (Domestic)) decreased their stake from 1.37% in the previous quarter to 1.38% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.LIGHTHOUSE INDIA FUND IV AIF had no shares in the previous quarter but now holds 2.46% of shares in the current quarter.Qualified Institutional Buyer (Qib) had no shares in the previous quarter but now holds 1.37% of shares in the current quarter.Qualified Institutional Buyers had 1.38% 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	0.639	0.641	13.44	13.14	-0.3 %
MALABAR INDIA FUND LIMITED	0.334	0.333	7.03	6.83	-0.2 %

Profitability dwindled by -0.3 % 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.Profitability dwindled by -0.2 % for MALABAR INDIA FUND LIMITED in comparison to the preceding quarter. To secure a foundation for prospective sustainable progress, investigating the factors prompting this decline is vital.

Ashish Kacholia, these shareholders are the Anchor investors of current and previous quarter.