Share the post "Usha Martin Ltd. Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Usha Martin Ltd. has unveiled its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q4-Mar 2023-2024).This comprehensive report offers a deep dive into the company’s shareholding landscape, including details on Promoters, promoter groups, Foreign investors, public investors, and government entities. Through meticulous comparative analysis, it tracks the evolution of shareholding percentages and quantities, highlighting any shifts in ownership dynamics. Investors gain invaluable insights into the company’s ownership structure and the evolving investment landscape.
| 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 | 14.23 | 13.82 | 47.41 | 46.05 | -1.36 % |
| Public | 10.84 | 10.62 | 36.13 | 35.38 | -0.75 % |
| DII | 1.06 | 1.14 | 3.52 | 3.78 | +0.26 % |
| FII | 3.88 | 4.44 | 12.94 | 14.79 | +1.85 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 47.41% in December 2023 to 46.05% in March 2024. This reduction indicates that the promoters’ control over Company has weakened during this period.DIIs (Domestic Institutional Investors) shareholding increased from 3.52% in December 2023 to 3.78% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.26% . FIIs (Foreign Institutional Investors): There was a significant increase from 12.94% in December 2023 to 14.79% in March 2024. This suggests that foreign institutions grew their investments 1.85 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 (%) |
|---|---|---|---|---|---|
| Brij Kishore Jhawar | 0.095 | 0.000 | 0.32 | 0 | -0.32 % |
| Shanti Devi Jhawar | 0.028 | 0.000 | 0.09 | 0 | -0.09 % |
| Peterhouse Investments India Limited | 1.951 | 1.592 | 6.5 | 5.3 | -1.2 % |
| Stuti Raghav Agarwalla | 0 | 0.108 | 0 | 0.36 | +0.36% |
| Susmita Jhawar | 0 | 0.166 | 0 | 0.55 | +0.55% |
| Peterhouse Investments Limited | 0.901 | 0.851 | 3 | 2.83 | -0.17 % |
| STUTI RAGHAV AGARWALLA | 0.108 | 0 | 0.36 | 0 | -0.36% |
| SUSMITA JHAWAR | 0.044 | 0 | 0.15 | 0 | -0.15% |
Brij Kishore Jhawar faced a downturn in profitability this quarter, witnessing a decline of -0.32 % 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.Shanti Devi Jhawar faced a downturn in profitability this quarter, witnessing a decline of -0.09 % 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.Peterhouse Investments India Limited faced a downturn in profitability this quarter, witnessing a decline of -1.2 % 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.Peterhouse Investments Limited faced a downturn in profitability this quarter, witnessing a decline of -0.17 % 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.Stuti Raghav Agarwalla had no shares in the previous quarter but now holds 0.36% of shares in the current quarter.Susmita Jhawar had no shares in the previous quarter but now holds 0.55% of shares in the current quarter.STUTI RAGHAV AGARWALLA had 0.36% of shares in the previous quarter but exited in the current quarter.SUSMITA JHAWAR had 0.15% 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 | 4.187 | 4.352 | 13.95 | 14.5 | + 0.55 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 2.131 | 1.765 | 7.1 | 5.88 | -1.22 % |
| Non Resident Indians (NRIs) | 0.203 | 0.199 | 0.68 | 0.66 | -0.02 % |
| Bodies Corporate | 3.777 | 3.759 | 12.58 | 12.53 | -0.05 % |
| Orissa Re Rollers Private Limited | 0 | 0.310 | 0 | 1.03 | +1.03% |
| Any Other (specify) | 0.431 | 0.427 | 1.43 | 1.42 | -0.01 % |
| HUF | 0.417 | 0.426 | 1.39 | 1.42 | + 0.03 % |
| Clearing Members | 0.013 | 0.000 | 0.04 | 0 | -0.04 % |
| AJAY UPADHYAYA | 0.350 | 0 | 1.17 | 0 | -1.17% |
| ORISSA RE ROLLERS PRIVATE LIMITED | 0.310 | 0 | 1.03 | 0 | -1.03% |
Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital up to Rs. 2 lakhs lifts the bar with a remarkable 0.55 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -1.22 % 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 -0.02 % 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 -0.01 % 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.Spearheading a savvy charge towards increased profitability, HUF lifts the bar with a remarkable 0.03 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.04 % variance in Clearing Members’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Orissa Re Rollers Private Limited had no shares in the previous quarter but now holds 1.03% of shares in the current quarter.AJAY UPADHYAYA had 1.17% of shares in the previous quarter but exited in the current quarter.ORISSA RE ROLLERS PRIVATE LIMITED had 1.03% 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/ | 1.021 | 1.065 | 3.4 | 3.55 | + 0.15 % |
| QUANT MUTUAL FUND A/C QUANT INFRASTRUCTURE FUND | 0 | 0.934 | 0 | 3.11 | +3.11% |
| NBFCs registered with RBI | 0.020 | 0.056 | 0.07 | 0.19 | + 0.12 % |
| QUANT MUTUAL FUND | 0.799 | 0 | 2.66 | 0 | -2.66% |
The latest quarter saw a considerable enhancement in profitability for Mutual Funds/, reflecting an uptick of 0.15 % 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 NBFCs registered with RBI, reflecting an uptick of 0.12 % 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.QUANT MUTUAL FUND A/C QUANT INFRASTRUCTURE FUND had no shares in the previous quarter but now holds 3.11% of shares in the current quarter.QUANT MUTUAL FUND had 2.66% 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 | 3.803 | 4.341 | 12.67 | 14.46 | + 1.79 % |
| TATA INDIAN OPPORTUNITIES FUND | 0 | 0.503 | 0 | 1.68 | +1.68% |
| INDIA OPPORTUNITIES GROWTH FUND LTD – PINEWOOD STRATEGY | 1.384 | 1.457 | 4.61 | 4.85 | + 0.24 % |
| Foreign Portfolio Investors Category II | 0.080 | 0.097 | 0.27 | 0.32 | + 0.05 % |
During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 1.79 % in net profit.During this past quarter, there was a noteworthy upswing in profitability for INDIA OPPORTUNITIES GROWTH FUND LTD – PINEWOOD STRATEGY, which experienced a significant increase of 0.24 % in net profit.During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.05 % in net profit.TATA INDIAN OPPORTUNITIES FUND had no shares in the previous fiii quarter but now holds 1.68% of shares in the current quarter.
Ajay Upadhyaya, these shareholders are the Anchor investors of current and previous quarter.
48
3-Year Profit
44
5-Year Profit
37
10-Year Profit
367
Current Price
11,139
Market Cap
In analyzing the financial results for the company marked by BSE code 517146, a clear trend emerges. Over a five-year span, the company reported a profit of 44 percents, which increased to 48 percents in the most recent three-year period, suggesting a strong performance in the early stages of this timeframe. However, this success has been overshadowed by a trailing twelve-month (TTM) loss of 31 percents, signaling significant recent challenges. Compounding this issue is the fact that the company has not reported any sales during any of the timeframes analyzed, raising important questions about its operational model and the sustainability of its current strategies. Investors have been equally wary, as reflected in the stock price performance. The company’s stock traded at 68 percents over the past five years but has recently decreased to 4 percents, indicating a loss of market confidence. Over the last decade, the stock price was at 31 percents, pointing to longer-term concerns that could affect the company's future prospects.
Currently valued at ₹11,139 crore, the company's stock price stands at ₹367. Over the years, it has seen significant fluctuations, with its price ranging from ₹428 / 253, a reflection of its sensitivity to market conditions and investor sentiment. The stock's Price-to-Earnings (P/E) ratio, currently at 26.1, suggests that it is highly valued in comparison to its earnings, possibly indicating strong future growth expectations or a high level of investor confidence. The book value per share is ₹78.1, which represents the net asset value of the company per share. The dividend yield of 0.75% provides some return to investors, though it may not be the primary attraction for those investing in the stock. The company's Return on Capital Employed (ROCE) is 22.1%, pointing to efficient use of its capital base to generate profits. The Return on Equity (ROE), at 19.2%, highlights the profitability for shareholders. The company's financial health is further underscored by its very low debt-to-equity ratio of 0.15, signaling conservative financial management. However, the net cash flow is negative at ₹-0.38 crore, indicating possible liquidity concerns or heavy investment. The Piotroski score of 8.00 provides a snapshot of its financial stability, while the Graham Number, estimated at ₹157, offers an intrinsic value benchmark. With a Price-to-Book (P/B) ratio of 4.70, the stock seems to be trading at a premium relative to its book value, which could signal strong market expectations or overvaluation risks.
