Share the post "TVS Electronics Ltd. Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
TVS Electronics Ltd. 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 | 1.12 | 1.12 | 59.91 | 59.91 | 0 |
Public | 0.75 | 0.75 | 40.08 | 39.83 | -0.25 % |
DII | 0.00 | 0.00 | 0.01 | 0.01 | 0 |
FII | 0 | 0.00 | 0 | 0.25 | +0.25 % |
Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 59.91% 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 decreased from 40.08% in December 2023 to 39.83% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding remained unchanged at 0.01% from December 2023 to March 2024. This indicates that domestic institutions maintained their investment level in the company. FIIs (Foreign Institutional Investors): There was a significant increase from 0% in to 0.25% in March 2024. This suggests that foreign institutions grew their investments 0.25 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 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 Quarter Shares (in %) | Current Quarter Shares (in %) | Quarter-to-Quarter Difference (%) |
---|---|---|---|---|---|
HARITA PROPERTIES LLP | 0 | 0.001 | 0 | 0.07 | +0.07% |
Harita Properties LLP | 0.001 | 0 | 0.07 | 0 | -0.07% |
HARITA PROPERTIES LLP had no shares in the previous quarter but now holds 0.07% of shares in the current quarter.Harita Properties LLP had 0.07% 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 (%) |
---|---|---|---|---|---|
Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 0.572 | 0.568 | 30.68 | 30.47 | -0.21 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.075 | 0.075 | 4.02 | 4 | -0.02 % |
Non Resident Indians (NRIs) | 0.021 | 0.022 | 1.15 | 1.16 | + 0.01 % |
Bodies Corporate | 0.032 | 0.031 | 1.71 | 1.66 | -0.05 % |
Any Other (specify) | 0.029 | 0.030 | 1.57 | 1.59 | + 0.02 % |
Unclaimed or Suspense or Escrow Account | 0 | 0.002 | 0 | 0.13 | +0.13% |
HUF | 0.021 | 0.021 | 1.12 | 1.1 | -0.02 % |
Clearing Members | 0.003 | 0.001 | 0.15 | 0.07 | -0.08 % |
Observations show a significant difference of -0.21 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.02 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.01 %.Observations show a significant difference of -0.05 % in Bodies Corporate’s financial performance between quarters.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.02 %.Observations show a significant difference of -0.02 % in HUF’s financial performance between quarters.Observations show a significant difference of -0.08 % in Clearing Members’s financial performance between quarters.Unclaimed or Suspense or Escrow Account had no shares in the previous quarter but now holds 0.13% of shares 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 | 0.005 | 0 | 0.25 | +0.25% |
Foreign Portfolio Investors Category I had no shares in the previous fiii quarter but now holds 0.25% of shares in the current quarter.