High DII Holding Stocks Under Rs 100: When it comes to investing, there are numerous factors to consider before buying a stock. However, one of the fundamental criteria that can indicate the potential of a business is the potential the Domestic Institutional Investors see in it. In this article, we will go through some of the High DII Holding Stocks Under Rs 100.

High DII Holding Stocks Under Rs 100

For our study, we’ll read about the business and operations of five companies from various industries. Without any further delay, let us look at the 5 High DII Holding Stocks Under Rs 100:

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1. Equitas Small Finance Bank Ltd

Incorporated in 1993, Equitas Small Finance Bank Limited is a wholly-owned subsidiary of Equitas Holding Ltd. 

It is a small finance bank whose product portfolio includes small business loans, vehicle finance, microfinance, housing finance, MSE Finance and NBFC financing. The company also offers third-party products from various asset management and insurance companies.

The company offers its services to the specific needs of individuals with limited access to formal financing channels, affluent individuals, MSMEs, and corporates.

Currently, the company operates in 18 States and union territories and has 956 banking outlets with over 21,862 employees.

If we take a look at the financials of the bank, we can we that its net interest income has consistently increased from ₹1,152 crores in FY19 to ₹2,545 crores in FY23. SImilary, its net profit has increased from ₹211 crores to ₹574 crores during the same duration.

For FY23, the company reported an NNPA of 1.14%, which indicates a small fraction of the bank’s loans or assets are non-performing.

Coming to the return ratios, the bank reported an ROE and ROA of 12.55% and 1.89% respectively. This suggests that the bank has earned an average return on shareholders’ capital and an average efficiency in generating income from its assets.

Talking about the shareholding pattern of the company, we can see that the promoters have completely removed their stake in the company after Q3FY23. On the other hand, the DII’s have increased their stake and hold 43.93% as of Q4FY24.

ParticularsFiguresParticularsFigures
CMP₹ 95Market Cap (Cr.)₹ 12,070 Cr
EPS₹ 6.55Provision Coverage Ratio56.90%
RoE12.55%ROA1.89%
Promoter Holding43.93%DII’s Holdings18.16%
CASA42.28%Advance Growth35%
NIM %9.00%NNPA %1.14%

2. Yes Bank Ltd

Incorporated in 2003, Yes Bank Limited is the 6th largest private sector bank in India. It is a full-service commercial bank that provides a complete range of products, services and technology-driven digital offerings, catering to retail, MSME as well as corporate clients. 

Through its wholly-owned subsidiary YES SECURITIES, it also operates Investment Banking, Merchant Banking and Brokerage Businesses. 

Furthermore, it operates an IFSC Banking Unit in GIFT City at Gandhinagar, Gujarat and a representative office in Abu Dhabi.

Presently, the company offers its products and services through its 1,198 branches, 179 BCBO and over 1,345 ATMs in over 300 districts of India.

For FY23, the company reported an interest income of ₹ 22,697.43 crores and a net profit of ₹ 962.91 crores in FY23. While the interest income of the company increased compared to FY22, its profits have come down.

The bank has reported an ROE and ROA of 2% and 0.2% respectively. This suggests that the bank has given a poor return on shareholders’ capital and has low efficiency in generating income from its assets.

On a positive note, the company has an NNPA of 0.8% which is a very less net default from the borrowers.

Talking about the shareholding pattern of the company, we can see that the promoters have no stake in the company. The DII’s holding as of Q2FY24 stood at 40.68%.

ParticularsFiguresParticularsFigures
CMP₹21.65Market Cap (Cr.)₹ 60,054
EPS₹ 0.29Provision Coverage RatioNA
RoE2.00%ROA0.20%
Promoter HoldingNilDII’s Holdings40.68%
CASA30.80%Advance Growth13%
NIM %2.60%NNPA %0.80%

3. Radiant Cash Management Ltd

Incorporated in 2005, Radiant Cash Management Services Limited is a leading integrated cash logistics player with a dominant presence in the retail cash management segment of the Indian cash management services industry.

The company provides an extensive variety of services including cash pick-up and delivery, network currency management, efficient cash processing, and reliable cash-in-transit solutions.

The clients of the company include private and public sector banks, insurance companies, e-commerce logistics players, railways, and retail petroleum distribution outlets.

Currently, it has its presence in 28 States and 8 Union Territories in India with about 42,420 touchpoints covering 13,812 pin codes.

The financials of the company indicate a consistent increase in the company’s revenue and profits in the last three financial years. During FY23, the company reported a revenue of ₹3,575 crores and a net profit of ₹627 crores. 

The ROE of 27% and RoCE are 33% indicate a high return on capital invested by the shareholders and a high efficiency in the use of the company resources.

The debt-to-equity ratio of 0.11 indicates that the company primarily uses its own funds to run its operations suggest that the company has a low amount of debt in its balance sheet.

Regarding the company’s shareholding pattern, we can observe that the promoters have continuously maintained a 56.92% stake in the company. The DII’s stakes stood at 16.58% as per Q2FY24.

ParticularsFiguresParticularsFigures
CMP₹ 89.0Market Cap (Cr.)₹ 956.42
EPS5.43Stock P/E16.7
RoE27.00%RoCE33.00%
Promoter Holding56.92%DII Holdings16.58%
Debt to Equity0.11Price to Book Value4.08
Net Profit Margin18.00%EBITDA Margin25.00%

4. Paradeep Phosphates Ltd

Established in 1981, Paradeep Phosphates Limited started as India’s second-largest player in the phosphatic fertilizer joint venture between the Republic of Nauru and the Government of India to set up a phosphatic fertilizers manufacturing unit at Paradeep, Odisha.

The company is currently the second-largest private-sector player in the phosphatic fertilizer industry, with a total capacity of 3 million MT producing 2.60 million metric tons of phosphates and 0.40 million metric tons of Urea.

The company offers a range of fertilizers including DAP, NPK-20:20:0:13, NPK-12:32:16, NPK-10:26:26, NPK-19:19:19, and NPK-28:28:0. It has also recently added NPK-14:28:14, NPK-14:28:0, NPK-14:35:14, and NPK-24:24:00 to its portfolio. 

Currently, the company has geographically established its presence in 15 states with 21 regional offices, 512 stock points and 5,322 dealers.

Currently, it has its presence in 28 States and 8 Union Territories in India with about 42,420 touchpoints covering 13,812 pin codes.

The financials of the company indicate a consistent increase its revenue in the past 4 years. On the other hand, the profits of the company have slightly declined after a consistent increase until FY22.

For FY23, the company reported a revenue of ₹13340.7 crores and a net profit of ₹304.2 crores. 

The ROE of 10.6% suggests a below-average return on the capital invested by the shareholders. On the other hand, the ROCE of 20.9% suggests an efficient utilization of the company resources.

Furthermore, the debt-to-equity ratio of 1.3 suggests that the company is slightly on the higher side of debt.

In terms of the company’s shareholding pattern, the promoters stake stood at 56.08% and DII’s stake stood at 23.56% as of Q2FY24

ParticularsFiguresParticularsFigures
CMP₹ 67.95Market Cap (Cr.)₹ 5,537.78 Cr
EPS1.97Stock P/E32.8
RoE10.60%RoCE20.90%
Promoter Holding56.08%DII Holding23.56%
Debt to Equity1.3Price to Book Value1.53
Net Profit Margin2.30%Operating Margin5.30%

5. CESC Ltd

Established in 1899, CESC is an integrated power utility that generates and distributes electricity. It is the flagship company of the RP-Sanjiv Goenka group. 

It is a single electricity distributor in Kolkata and Howrah, serving 3.5 million consumers and commercial users. Currently, it generates and distributes electricity across 567 square kilometres of its licensed area — Kolkata, Howrah, Hooghly, North and South 24 Parganas in West Bengal. 

The company manages two thermal power plants in its licensed area, producing a total of 885 MW of power. These are the Budge Budge Generating Station (750 MW) and Southern Generating Station (135 MW). Additionally, the company has commissioned the Haldia Thermal plant, a 600 MW project in Haldia, West Bengal

Apart from the slight decline during COVID-19, the company has shown a consistent increase in revenues. On the other hand, the profits of the company have consistently increased year-on-year.

For FY23, the company reported a revenue of ₹14555 crores and a net profit of ₹1397 crores. 

The company’s ROE and RoCE are 8.34% and 9.10%, respectively, suggesting a below-average return to shareholders’ capital and its resources not being utilised to its full efficiency. 

The debt-to-equity ratio is 0.83, indicating that the company has moderate debt on its balance sheet.

Coming to the shareholding pattern of the company, the promoters have consistently held a stake of 52.11% over the last few quarters. As of Q2FY24, the DII’s hold a 20.06% stake in the company.

ParticularsFiguresParticularsFigures
CMP₹ 98.0Market Cap (Cr.)₹ 12,991
EPS10.9Stock P/E8.98
RoE8.34%RoCE9.10%
Promoter Holding52.11%DII Holding20.06%
Debt to Equity0.83Price to Book Value1.13
Net Profit Margin10.18%Operating MarginNA

Conclusion

As we conclude our article on ‘High DII Holding Stocks Under Rs 100’, we can say that DII’s can be used as a parameter for assessing a company’s potential. However, it’s not advisable to invest solely based on the stake of the Institutional Investors.

Instead, it’s important to evaluate a stock based on multiple criteria that are independent of the DII’s shareholding.

Written By Aaron Vas

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