Shareholding Pattern: Shareholding Pattern Sun Pharmaceutical Industries Ltd. 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	130.71	130.71	54.48	54.48	0
Public	109.22	109.22	8.93	8.97	+0.04 %
DII	46.85	45.17	19.52	18.83	-0.69 %
FII	40.97	42.52	17.07	17.72	+0.65 %
Government	0.00	0.00	0	0	0

Promoters shareholding remained stable, at 54.48% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. The percentage of shares held by the public increased from 8.93% in December 2023 to 8.97% in March 2024.This change suggests that the public’s investment in the company grew during the quarter.Domestic Institutional Investor’s (DII) shareholding decreased slightly from 19.52% in December 2023 to 18.83% in March 2024 , indicating that domestic institutions reduced their -0.69 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 17.07% in December 2023 to 17.72% in March 2024. This suggests that foreign institutions grew their investments 0.65 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 (%)
Dilip. S. Shanghvi	0	23.039	0	9.6	+9.6%
Sudhir V. Valia	0	1.435	0	0.6	+0.6%
Kumud Shantilal Shanghvi	0.020	0.010	0.01	0	-0.01 %
Dilip Shantilal Shanghvi	23.029	0	9.6	0	-9.6%
Sudhir Vrundavandas Valia	1.435	0	0.6	0	-0.6%

Kumud Shantilal Shanghvi faced a downturn in profitability this quarter, witnessing a decline of -0.01 % 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.Dilip. S. Shanghvi had no shares in the previous quarter but now holds 9.6% of shares in the current quarter.Sudhir V. Valia had no shares in the previous quarter but now holds 0.6% of shares in the current quarter.Dilip Shantilal Shanghvi had 9.6% of shares in the previous quarter but exited in the current quarter.Sudhir Vrundavandas Valia had 0.6% 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 (%)
Directors and their relatives (excluding independent directors and nominee directors)	0.784	0.776	0.33	0.32	-0.01 %
Resident Individuals holding nominal share capital up to Rs. 2 lakhs	11.060	11.126	4.61	4.64	+ 0.03 %
Bodies Corporate	5.132	5.003	2.14	2.09	-0.05 %
Any Other (specify)	0.888	1.086	0.37	0.45	+ 0.08 %
Clearing Members	0.004	0.033	0	0.01	+ 0.01 %
LLP	0.490	0.638	0.2	0.27	+ 0.07 %
Trusts	0.010	0.031	0	0.01	+ 0.01 %

Observations indicate a sizeable -0.01 % variance in Directors and their relatives (excluding independent directors and nominee directors)’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 0.03 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.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.Spearheading a savvy charge towards increased profitability, Any Other (specify) lifts the bar with a remarkable 0.08 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Clearing Members 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 0.07 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Trusts 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/	31.029	29.305	12.93	12.21	-0.72 %
Sbi Nifty 50 Etf	5.714	5.455	2.38	2.27	-0.11 %
Icici Prudential Value Discovery Fund	8.141	7.568	3.39	3.15	-0.24 %
Alternate Investment Funds	0.532	0.513	0.22	0.21	-0.01 %
Banks	0.061	0.036	0.03	0.02	-0.01 %
Insurance Companies	12.035	12.138	5.02	5.06	+ 0.04 %
Life Insurance Corporation Of India	6.811	7.011	2.84	2.92	+ 0.08 %
Provident Funds/ Pension Funds	2.834	2.812	1.18	1.17	-0.01 %
Nps Trust- A/C Sbi Pension Fund Scheme – State Govt	2.834	2.812	1.18	1.17	-0.01 %

Mutual Funds/ decreased their stake from 12.21% in the previous quarter to 12.93% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.72 %.Sbi Nifty 50 Etf decreased their stake from 2.27% in the previous quarter to 2.38% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.11 %.Icici Prudential Value Discovery Fund decreased their stake from 3.15% in the previous quarter to 3.39% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.24 %.Alternate Investment Funds decreased their stake from 0.21% in the previous quarter to 0.22% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.Banks decreased their stake from 0.02% in the previous quarter to 0.03% 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 Insurance Companies, 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 Life Insurance Corporation Of India, reflecting an uptick of 0.08 % 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.Provident Funds/ Pension Funds decreased their stake from 1.17% in the previous quarter to 1.18% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.Nps Trust- A/C Sbi Pension Fund Scheme – State Govt decreased their stake from 1.17% in the previous quarter to 1.18% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.

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	39.292	40.668	16.38	16.95	+ 0.57 %
Government Pension Fund Global	2.525	2.501	1.05	1.04	-0.01 %
Foreign Portfolio Investors Category II	1.674	1.853	0.7	0.77	+ 0.07 %
Government Of Singapore	2.752	0	1.15	0	-1.15%

During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.57 % in net profit.Profitability dwindled by -0.01 % for Government Pension Fund Global 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 0.07 % in net profit.Government Of Singapore had 1.15% of shares in the previous quarter but exited in the current quarter.