Share the post "Shareholding Pattern: Shareholding Pattern Varun Beverages Limited An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Varun Beverages 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 |
81.97 |
81.75 |
63.09 |
62.91 |
-0.18 % |
Public |
47.95 |
48.19 |
6.75 |
7.16 |
+0.41 % |
DII
|
4.66 |
5.39 |
3.58 |
4.15 |
+0.57 % |
FII
|
34.53 |
33.50 |
26.58 |
25.78 |
-0.8 % |
Government
|
0 |
0 |
0 |
0 |
0 |
Promoters’ shareholding decreased from 63.09% in December 2023 to 62.91% in March 2024. This reduction indicates that the promoters’ control over Company has weakened during this period.The percentage of shares held by the public increased from 6.75% in December 2023 to 7.16% in March 2024.This change suggests that the public’s investment in the company grew during the quarter.DIIs (Domestic Institutional Investors) shareholding increased from 3.58% in December 2023 to 4.15% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.57% . FIIs (Foreign Institutional Investors) shareholding decreased from 26.58% in December 2023 to 25.78% in March 2024 ,indicating that foreign institutions reduced their investments by 1.5% in the company during the quarter. This suggests a pullback in their investment .
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 (%) |
Ravi Kant Jaipuria |
22.910 |
22.690 |
17.63 |
17.46 |
-0.17 % |
Varun Jaipuria |
20.834 |
20.834 |
16.04 |
16.03 |
-0.01 % |
Ravi Kant Jaipuria faced a downturn in stakeholding this quarter, witnessing a decline of -0.17 % in stakeholding compared to the previous quarter.Varun Jaipuria faced a downturn in stakeholding this quarter, witnessing a decline of -0.01 % in stakeholding compared to the previous 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 |
4.539 |
4.809 |
3.49 |
3.7 |
+ 0.21 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs |
1.576 |
1.692 |
1.21 |
1.3 |
+ 0.09 % |
Non Resident Indians (NRIs) |
0.474 |
0.485 |
0.36 |
0.37 |
+ 0.01 % |
Bodies Corporate |
1.688 |
1.815 |
1.3 |
1.4 |
+ 0.1 % |
Any Other (specify) |
0.167 |
0.176 |
0.13 |
0.14 |
+ 0.01 % |
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.21 %.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 0.09 %.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.01 %.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.1 %.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 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 (%) |
Mutual Funds/ |
2.998 |
2.936 |
2.31 |
2.26 |
-0.05 % |
Insurance Companies |
1.233 |
1.969 |
0.95 |
1.52 |
+ 0.57 % |
Provident Funds/ Pension Funds |
0.186 |
0.254 |
0.14 |
0.2 |
+ 0.06 % |
Mutual Funds/ decreased their stake from 2.26% in the previous quarter to 2.31% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.05 %.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.57 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Provident Funds/ Pension Funds, reflecting an uptick of 0.06 % in their shares.
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 |
33.425 |
32.558 |
25.73 |
25.06 |
-0.67 % |
GOVERNMENT PENSION FUND GLOBAL |
3.215 |
3.248 |
2.47 |
2.5 |
+ 0.03 % |
NEW WORLD FUND INC |
1.961 |
1.499 |
1.51 |
1.15 |
-0.36 % |
GOVERNMENT OF SINGAPORE |
0 |
1.643 |
0 |
1.26 |
+1.26% |
Foreign Portfolio Investors Category II |
1.090 |
0.931 |
0.84 |
0.72 |
-0.12 % |
GOVERNMENT OF SINGAPORE – E |
1.833 |
0 |
1.41 |
0 |
-1.41% |
Stakeholding dwindled by -0.67 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for GOVERNMENT PENSION FUND GLOBAL, which experienced a significant increase of 0.03 % .Stakeholding dwindled by -0.36 % for NEW WORLD FUND INC in comparison to the preceding quarter.Stakeholding dwindled by -0.12 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.GOVERNMENT OF SINGAPORE had no shares in the previous fiii quarter but now holds 1.26% of shares in the current quarter.GOVERNMENT OF SINGAPORE – E had 1.41% of shares in the previous quarter but exited in the current quarter.
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