Share the post "Voltas Ltd., Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)"
Voltas 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 | 10.03 | 10.03 | 30.3 | 30.3 | 0 |
| Public | 23.06 | 23.06 | 15.32 | 14.4 | -0.92 % |
| DII | 12.31 | 13.43 | 37.21 | 40.59 | +3.38 % |
| FII | 5.68 | 4.87 | 17.17 | 14.71 | -2.46 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 30.3% 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 15.32% in December 2023 to 14.4% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding increased from 37.21% in December 2023 to 40.59% in March 2024 , indicating that domestic institutions increased their stake in the company by 3.38% . FIIs (Foreign Institutional Investors) shareholding decreased from 17.17% in December 2023 to 14.71% 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 (%) |
|---|---|---|---|---|---|
| Investor Education and Protection Fund | 0.283 | 0.280 | 0.86 | 0.85 | -0.01 % |
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 3.922 | 3.680 | 11.85 | 11.12 | -0.73 % |
| Non Resident Indians (NRIs) | 0.230 | 0.222 | 0.69 | 0.67 | -0.02 % |
| Bodies Corporate | 0.128 | 0.088 | 0.39 | 0.27 | -0.12 % |
| Any Other (specify) | 0.327 | 0.317 | 0.99 | 0.96 | -0.03 % |
| HUF | 0.099 | 0.090 | 0.3 | 0.27 | -0.03 % |
Observations indicate a sizeable -0.01 % variance in Investor Education and Protection Fund ‘s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.73 % variance in Resident Individuals holding nominal share capital up to 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 -0.12 % 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 -0.03 % 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 -0.03 % variance in HUF’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.
| 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/ | 6.225 | 7.998 | 18.81 | 24.17 | + 5.36 % |
| UTI Mutual Funds (Various Accounts) | 0 | 0.348 | 0 | 1.05 | +1.05% |
| Axis Mutual Funds Trustee (Various Accounts) | 0 | 0.372 | 0 | 1.12 | +1.12% |
| Mirae Asset Mutual Funds (Various Accounts) | 0 | 0.454 | 0 | 1.37 | +1.37% |
| Franklin India Mutual Funds (Various Accounts) | 0.442 | 0.518 | 1.33 | 1.57 | + 0.24 % |
| Kotak Mutual Funds (Various Accounts) | 0.597 | 0.859 | 1.8 | 2.6 | + 0.8 % |
| Aditya Birla Sun Life Mutual Funds (Various Accounts) | 0 | 0.867 | 0 | 2.62 | +2.62% |
| SBI Mutual Funds (Various Accounts) | 0.964 | 0.990 | 2.91 | 2.99 | + 0.08 % |
| Nippon Life India Mutual Funds (Various Accounts) | 0 | 1.267 | 0 | 3.83 | +3.83% |
| Alternate Investment Funds | 0.035 | 0.090 | 0.11 | 0.27 | + 0.16 % |
| Banks | 0.033 | 0.047 | 0.1 | 0.14 | + 0.04 % |
| Insurance Companies | 5.619 | 5.144 | 16.98 | 15.54 | -1.44 % |
| ICICI Prudential Life Insurance Company Limited | 0.337 | 0.384 | 1.02 | 1.16 | + 0.14 % |
| Tata AIA Life Insurance Co Ltd. – Whole Life Mid Cap | 0 | 0.391 | 0 | 1.18 | +1.18% |
| SBI Life Insurance Co. Ltd. | 0.677 | 0.666 | 2.05 | 2.01 | -0.04 % |
| HDFC Life Insurance Company Limited | 0.783 | 0.712 | 2.37 | 2.15 | -0.22 % |
| Life Insurance Corporation of India | 2.742 | 2.385 | 8.29 | 7.21 | -1.08 % |
| Provident Funds/ Pension Funds | 0.330 | 0.081 | 1 | 0.24 | -0.76 % |
| Aditya Birla Sun Life (Various Accounts) | 0.497 | 0 | 1.5 | 0 | -1.5% |
| Mirae Asset Mutual Funds(Various Accounts) | 0.510 | 0 | 1.54 | 0 | -1.54% |
| Nippon Life India Mutual Funds(Various Accounts) | 0.833 | 0 | 2.52 | 0 | -2.52% |
The latest quarter saw a considerable enhancement in profitability for Mutual Funds/, reflecting an uptick of 5.36 % 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 Franklin India Mutual Funds (Various Accounts), reflecting an uptick of 0.24 % 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 Kotak Mutual Funds (Various Accounts), reflecting an uptick of 0.8 % 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 SBI Mutual Funds (Various Accounts), reflecting an uptick of 0.08 % 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 Alternate Investment Funds, reflecting an uptick of 0.16 % 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 Banks, reflecting an uptick of 0.04 % 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.Insurance Companies decreased their stake from 15.54% in the previous quarter to 16.98% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -1.44 %.The latest quarter saw a considerable enhancement in profitability for ICICI Prudential Life Insurance Company Limited, reflecting an uptick of 0.14 % 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.SBI Life Insurance Co. Ltd. decreased their stake from 2.01% in the previous quarter to 2.05% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.04 %.HDFC Life Insurance Company Limited decreased their stake from 2.15% in the previous quarter to 2.37% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.22 %.Life Insurance Corporation of India decreased their stake from 7.21% in the previous quarter to 8.29% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -1.08 %.Provident Funds/ Pension Funds decreased their stake from 0.24% in the previous quarter to 1% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.76 %.UTI Mutual Funds (Various Accounts) had no shares in the previous quarter but now holds 1.05% of shares in the current quarter.Axis Mutual Funds Trustee (Various Accounts) had no shares in the previous quarter but now holds 1.12% of shares in the current quarter.Mirae Asset Mutual Funds (Various Accounts) had no shares in the previous quarter but now holds 1.37% of shares in the current quarter.Aditya Birla Sun Life Mutual Funds (Various Accounts) had no shares in the previous quarter but now holds 2.62% of shares in the current quarter.Nippon Life India Mutual Funds (Various Accounts) had no shares in the previous quarter but now holds 3.83% of shares in the current quarter.Tata AIA Life Insurance Co Ltd. – Whole Life Mid Cap had no shares in the previous quarter but now holds 1.18% of shares in the current quarter.Aditya Birla Sun Life (Various Accounts) had 1.5% of shares in the previous quarter but exited in the current quarter.Mirae Asset Mutual Funds(Various Accounts) had 1.54% of shares in the previous quarter but exited in the current quarter.Nippon Life India Mutual Funds(Various Accounts) had 2.52% 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 | 5.597 | 4.753 | 16.92 | 14.36 | -2.56 % |
| Kotak Funds – India Midcap Funds | 0 | 0.333 | 0 | 1.01 | +1.01% |
| T. Rowe Price Emerging Markets Stock Fund | 0.530 | 0.395 | 1.6 | 1.19 | -0.41 % |
| Emerging Markets Equity Trust | 0.522 | 0.397 | 1.58 | 1.2 | -0.38 % |
| Foreign Portfolio Investors Category II | 0.085 | 0.115 | 0.26 | 0.35 | + 0.09 % |
Profitability dwindled by -2.56 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter. To secure a foundation for prospective sustainable progress, investigating the factors prompting this decline is vital.Profitability dwindled by -0.41 % for T. Rowe Price Emerging Markets Stock Fund in comparison to the preceding quarter. To secure a foundation for prospective sustainable progress, investigating the factors prompting this decline is vital.Profitability dwindled by -0.38 % for Emerging Markets Equity Trust in comparison to the preceding quarter. To secure a foundation for prospective sustainable progress, investigating the factors prompting this decline is vital.During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.09 % in net profit.Kotak Funds – India Midcap Funds had no shares in the previous fiii quarter but now holds 1.01% of shares in the current quarter.
