Share the post "Tarsons Products Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Tarsons Products Limited has released its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q4-Mar 2023-2024).This detailed report examines who owns shares, including Promoters, promoter groups, Foreign investors, public investors, and government entities.
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 | 2.52 | 2.52 | 47.31 | 47.31 | 0 |
Public | 2.80 | 2.80 | 43.26 | 44.35 | +1.09 % |
DII | 0.14 | 0.01 | 2.6 | 0.18 | -2.42 % |
FII | 0.36 | 0.43 | 6.83 | 8.16 | +1.33 % |
Government | 0 | 0 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 47.31% 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 43.26% in December 2023 to 44.35% 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 2.6% in December 2023 to 0.18% in March 2024 , indicating that domestic institutions reduced their -2.42 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 6.83% in December 2023 to 8.16% in March 2024. This suggests that foreign institutions grew their investments 1.33 in the company during the quarter.
Let’s look 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 | 0.679 | 0.715 | 12.77 | 13.44 | + 0.67 % |
Non Resident Indians (NRIs) | 0.042 | 0.045 | 0.79 | 0.85 | + 0.06 % |
Bodies Corporate | 0.315 | 0.329 | 5.92 | 6.19 | + 0.27 % |
PLUTUS WEALTH MANAGEMENT LLP | 0.250 | 0.262 | 4.7 | 4.93 | + 0.23 % |
Any Other (specify) | 0.020 | 0.024 | 0.37 | 0.46 | + 0.09 % |
HUF | 0.019 | 0.024 | 0.36 | 0.45 | + 0.09 % |
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.67 %.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.06 %.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.27 %.Leading the way to higher stakeholding, PLUTUS WEALTH MANAGEMENT LLP has significantly boosted stakeholding by an impressive 0.23 %.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.09 %.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.09 %.
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/ | 0.114 | 0.002 | 2.15 | 0.04 | -2.11 % |
Alternate Investment Funds | 0.024 | 0.007 | 0.45 | 0.13 | -0.32 % |
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND | 0.075 | 0 | 1.4 | 0 | -1.4% |
Mutual Funds/ decreased their stake from 0.04% in the previous quarter to 2.15% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -2.11 %.Alternate Investment Funds decreased their stake from 0.13% in the previous quarter to 0.45% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.32 %.NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND had 1.4% 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 | 0.261 | 0.332 | 4.9 | 6.24 | + 1.34 % |
FIRST SENTIER INVESTORS ICVC – STEWART INVESTORS I | 0 | 0.300 | 0 | 5.65 | +5.65% |
Foreign Portfolio Investors Category II | 0.102 | 0.102 | 1.93 | 1.92 | -0.01 % |
FIRST SENTIER INVESTORS ICVC – STEWART INVESTORS INDIAN SUBCONTINENT SUSTAINABILITY FUND | 0.196 | 0 | 3.68 | 0 | -3.68% |
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 1.34 % .Stakeholding dwindled by -0.01 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.FIRST SENTIER INVESTORS ICVC – STEWART INVESTORS I had no shares in the previous fiii quarter but now holds 5.65% of shares in the current quarter.FIRST SENTIER INVESTORS ICVC – STEWART INVESTORS INDIAN SUBCONTINENT SUSTAINABILITY FUND had 3.68% of shares in the previous quarter but exited in the current quarter.