Share the post "Vishnu Chemicals Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Vishnu Chemicals Limited 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 | 4.48 | 4.48 | 68.36 | 68.36 | 0 |
| Public | 1.59 | 1.58 | 24.21 | 24.06 | -0.15 % |
| DII | 0.46 | 0.48 | 7.09 | 7.36 | +0.27 % |
| FII | 0.02 | 0.01 | 0.33 | 0.21 | -0.12 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 68.36% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. DIIs (Domestic Institutional Investors) shareholding increased from 7.09% in December 2023 to 7.36% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.27% . FIIs (Foreign Institutional Investors) shareholding decreased from 0.33% in December 2023 to 0.21% 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 .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 Quater Shares (in %) | Current Quater Shares (in %) | Quater-to-Quater Difference (%) |
|---|---|---|---|---|---|
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 1.021 | 1.058 | 15.58 | 16.15 | + 0.57 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.139 | 0.090 | 2.11 | 1.38 | -0.73 % |
| Non Resident Indians (NRIs) | 0.061 | 0.059 | 0.92 | 0.89 | -0.03 % |
| Bodies Corporate | 0.200 | 0.210 | 3.06 | 3.2 | + 0.14 % |
| Any Other (specify) | 0.108 | 0.102 | 1.65 | 1.56 | -0.09 % |
| HUF | 0.105 | 0.097 | 1.6 | 1.48 | -0.12 % |
| Clearing Members | 0.003 | 0.005 | 0.05 | 0.07 | + 0.02 % |
Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital up to Rs. 2 lakhs lifts the bar with a remarkable 0.57 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.73 % 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 -0.03 % 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.Spearheading a savvy charge towards increased profitability, Bodies Corporate lifts the bar with a remarkable 0.14 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.09 % 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.Observations indicate a sizeable -0.12 % variance in HUF’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, Clearing Members lifts the bar with a remarkable 0.02 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.
| 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/ | 0.307 | 0.299 | 4.69 | 4.56 | -0.13 % |
| BANDHAN SMALL CAP FUND | 0 | 0.067 | 0 | 1.02 | +1.02% |
| Alternate Investment Funds | 0.000 | 0.007 | 0 | 0.11 | + 0.11 % |
| Insurance Companies | 0.157 | 0.177 | 2.4 | 2.7 | + 0.3 % |
| ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED | 0.157 | 0.177 | 2.4 | 2.7 | + 0.3 % |
Mutual Funds/ decreased their stake from 4.56% in the previous quarter to 4.69% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.13 %.The latest quarter saw a considerable enhancement in profitability for Alternate Investment Funds, reflecting an uptick of 0.11 % 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 Insurance Companies, reflecting an uptick of 0.3 % 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 ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED, reflecting an uptick of 0.3 % 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.BANDHAN SMALL CAP FUND had no shares in the previous quarter but now holds 1.02% 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 | 0.006 | 0.006 | 0.09 | 0.1 | + 0.01 % |
| Foreign Portfolio Investors Category II | 0.015 | 0.008 | 0.24 | 0.12 | -0.12 % |
During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.01 % in net profit.Profitability dwindled by -0.12 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter. To secure a foundation for prospective sustainable progress, investigating the factors prompting this decline is vital.
61
3-Year Profit
51
5-Year Profit
22
10-Year Profit
413
Current Price
2,708
Market Cap
In analyzing the financial results for the company marked by BSE code 516072, a clear trend emerges. Over a five-year span, the company reported a profit of 51 percents, which increased to 61 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 -24 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 76 percents over the past five years but has recently decreased to 22 percents, indicating a loss of market confidence. Over the last decade, the stock price was at 30 percents, pointing to longer-term concerns that could affect the company's future prospects.
The company currently holds a market cap of ₹2,708 crore, with its stock trading at ₹413. Historically, the stock has fluctuated between ₹484 / 247, reflecting its performance in response to market dynamics and various economic factors. The company's Price-to-Earnings (P/E) ratio stands at 26.3, indicating that the stock is perceived as highly valued by the market, possibly driven by expectations of future earnings growth. The book value per share is ₹107, which offers insight into the company's intrinsic worth, while its dividend yield of 0.07% provides a steady return for long-term investors. Return on Capital Employed (ROCE) is 20.0%, showcasing the company’s ability to generate profits from its capital investments. Return on Equity (ROE) is 18.1%, highlighting how efficiently the company uses shareholder funds to generate profits. The debt-to-equity ratio is very low at 0.45, which is a positive indicator of financial stability. However, the company’s net cash flow of ₹1.70 crore raises concerns about its liquidity position. The Piotroski score of 5.00 reflects the company’s overall financial health, while the Graham Number of ₹194 suggests the stock's intrinsic value. Despite these factors, the Price-to-Book (P/B) ratio of 3.86 indicates that the stock is trading at a premium to its book value, which might imply market optimism about the company's future growth prospects.