Share the post "Shareholding Pattern: Shareholding Pattern TeamLease Services Limited An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
TeamLease Services 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 | 0.53 | 0.53 | 31.61 | 31.61 | 0 |
Public | 1.15 | 1.15 | 6.77 | 7.29 | +0.52 % |
DII | 0.59 | 0.57 | 35.32 | 34.05 | -1.27 % |
FII | 0.44 | 0.45 | 26.26 | 27.01 | +0.75 % |
Government | 0 | 0 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 31.61% 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 6.77% in December 2023 to 7.29% 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 35.32% in December 2023 to 34.05% in March 2024 , indicating that domestic institutions reduced their -1.27 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 26.26% in December 2023 to 27.01% in March 2024. This suggests that foreign institutions grew their investments 0.75 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 (%) |
---|---|---|---|---|---|
Directors and their relatives (excluding independent directors and nominee directors) | 0.010 | 0.010 | 0.61 | 0.59 | -0.02 % |
Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 0.058 | 0.054 | 3.44 | 3.25 | -0.19 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.025 | 0.040 | 1.48 | 2.37 | + 0.89 % |
Non Resident Indians (NRIs) | 0.007 | 0.006 | 0.42 | 0.37 | -0.05 % |
Bodies Corporate | 0.012 | 0.010 | 0.7 | 0.59 | -0.11 % |
HUF | 0.002 | 0 | 0.1 | 0 | -0.1% |
Observations show a significant difference of -0.02 % in Directors and their relatives (excluding independent directors and nominee directors)’s financial performance between quarters.Observations show a significant difference of -0.19 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.89 %.Observations show a significant difference of -0.05 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.11 % in Bodies Corporate’s financial performance between quarters.HUF had 0.1% 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/ | 0.555 | 0.535 | 33.09 | 31.9 | -1.19 % |
MIRAE ASSET ELSS TAX SAVER FUND | 0 | 0.101 | 0 | 6.05 | +6.05% |
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS EQUITY HYBRID FUND | 0 | 0.023 | 0 | 1.39 | +1.39% |
UTI-MNC FUND | 0 | 0.050 | 0 | 2.99 | +2.99% |
FRANKLIN INDIA BALANCED ADVANTAGE FUND | 0.116 | 0.154 | 6.89 | 9.19 | + 2.3 % |
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA MULTI CAP FUND | 0 | 0.035 | 0 | 2.07 | +2.07% |
HDFC TRUSTEE COMPANY LIMITED – HDFC TAX SAVERFUND | 0.034 | 0.033 | 2.04 | 1.97 | -0.07 % |
ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE SMALL CAP FUND | 0.041 | 0.037 | 2.46 | 2.19 | -0.27 % |
ICICI PRUDENTIAL TECHNOLOGY FUND | 0 | 0.020 | 0 | 1.17 | +1.17% |
Alternate Investment Funds | 0.005 | 0.006 | 0.32 | 0.36 | + 0.04 % |
Insurance Companies | 0.032 | 0.030 | 1.92 | 1.8 | -0.12 % |
MIRAE ASSET MULTICAP FUND | 0.098 | 0 | 5.86 | 0 | -5.86% |
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND | 0.018 | 0 | 1.08 | 0 | -1.08% |
UTI-MID CAP FUND | 0.041 | 0 | 2.43 | 0 | -2.43% |
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA NIFTY SMALL CAP 250 INDEX FUND | 0.037 | 0 | 2.18 | 0 | -2.18% |
INVESCO INDIA CONTRA FUND | 0.034 | 0 | 2.03 | 0 | -2.03% |
ICICI PRUDENTIAL INDIA OPPORTUNITIES FUND | 0.082 | 0 | 4.86 | 0 | -4.86% |
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED | 0.018 | 0 | 1.05 | 0 | -1.05% |
Mutual Funds/ decreased their stake from 31.9% in the previous quarter to 33.09% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -1.19 %.The latest quarter saw a considerable enhancement in stakeholding for FRANKLIN INDIA BALANCED ADVANTAGE FUND, reflecting an uptick of 2.3 % in their shares.HDFC TRUSTEE COMPANY LIMITED – HDFC TAX SAVERFUND decreased their stake from 1.97% in the previous quarter to 2.04% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.07 %.ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE SMALL CAP FUND decreased their stake from 2.19% in the previous quarter to 2.46% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.27 %.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.04 % in their shares.Insurance Companies decreased their stake from 1.8% in the previous quarter to 1.92% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.12 %.MIRAE ASSET ELSS TAX SAVER FUND had no shares in the previous quarter but now holds 6.05% of shares in the current quarter.AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS EQUITY HYBRID FUND had no shares in the previous quarter but now holds 1.39% of shares in the current quarter.UTI-MNC FUND had no shares in the previous quarter but now holds 2.99% of shares in the current quarter.NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA MULTI CAP FUND had no shares in the previous quarter but now holds 2.07% of shares in the current quarter.ICICI PRUDENTIAL TECHNOLOGY FUND had no shares in the previous quarter but now holds 1.17% of shares in the current quarter.MIRAE ASSET MULTICAP FUND had 5.86% of shares in the previous quarter but exited in the current quarter.AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND had 1.08% of shares in the previous quarter but exited in the current quarter.UTI-MID CAP FUND had 2.43% of shares in the previous quarter but exited in the current quarter.NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA NIFTY SMALL CAP 250 INDEX FUND had 2.18% of shares in the previous quarter but exited in the current quarter.INVESCO INDIA CONTRA FUND had 2.03% of shares in the previous quarter but exited in the current quarter.ICICI PRUDENTIAL INDIA OPPORTUNITIES FUND had 4.86% of shares in the previous quarter but exited in the current quarter.ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED had 1.05% 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 | 0.418 | 0.431 | 24.93 | 25.68 | + 0.75 % |
BLACKROCK GLOBAL FUNDS – INDIA FUND | 0 | 0.020 | 0 | 1.17 | +1.17% |
GOLDMAN SACHS FUNDS – GOLDMAN SACHS INDIA EQUITY PORTFOLIO | 0.032 | 0.033 | 1.88 | 1.98 | + 0.1 % |
GOLDMAN SACHS FUNDS – GOLDMAN SACHS EMERGING MARKETS EQUITY PORTFOLIO | 0.035 | 0.029 | 2.11 | 1.7 | -0.41 % |
J P MORGAN FUNDS | 0.023 | 0.020 | 1.38 | 1.22 | -0.16 % |
T. ROWE PRICE INTERNATIONAL DISCOVERY FUND | 0.052 | 0.048 | 3.09 | 2.85 | -0.24 % |
GOLDMAN SACHS TRUST-GOLDMAN SACHS EMERGING MARKETS EQUITY FUND | 0.035 | 0.027 | 2.09 | 1.59 | -0.5 % |
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.75 % .During this past quarter, there was a noteworthy upswing in stakeholding for GOLDMAN SACHS FUNDS – GOLDMAN SACHS INDIA EQUITY PORTFOLIO, which experienced a significant increase of 0.1 % .Stakeholding dwindled by -0.41 % for GOLDMAN SACHS FUNDS – GOLDMAN SACHS EMERGING MARKETS EQUITY PORTFOLIO in comparison to the preceding quarter.Stakeholding dwindled by -0.16 % for J P MORGAN FUNDS in comparison to the preceding quarter.Stakeholding dwindled by -0.24 % for T. ROWE PRICE INTERNATIONAL DISCOVERY FUND in comparison to the preceding quarter.Stakeholding dwindled by -0.5 % for GOLDMAN SACHS TRUST-GOLDMAN SACHS EMERGING MARKETS EQUITY FUND in comparison to the preceding quarter.BLACKROCK GLOBAL FUNDS – INDIA FUND had no shares in the previous fiii quarter but now holds 1.17% of shares in the current quarter.
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