High FII Holding Stocks under Rs 500: Any country in the world welcomes any capital brought or invested in by foreign institutions because it can help companies invest in capex, R&D, and strategic stakes, which are some of the factors that make FII stakes appealing in the shareholding of any company. In this article, we will look at High FII Holding Stocks Under Rs 500 and analyze their operations, financials and much more.

High FII Holding Stocks Under Rs 500

1. Redington Ltd

Redington Logo

Redington was founded in 1961 and is headquartered in Chennai. The company began operations in 1993, specializing in IT distribution and branch operations in western and southern India.

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It distributes IT hardware and uses a B2B eCommerce platform to engage with customers and cloud services to provide everything as a service, resulting in better supply chain management for any service.

In FY23, the company has a presence in 38 countries and earns revenue from SISA (Singapore, India, and South Asia) at 46.51% and the Rest of the World (ROW) at 53.49%.

As of September 30, 2023, FII holdings were 56.25%, consisting of FDI (Synnex Technology – 24.13%), FPI – 30.39% (Vanguard Index Fund – 1.02%, Massachusetts Institute – 1.73%, Fidelity Stock Fund – 3.74%), and Others – 1.73%.

The company reported a revenue from operations of Rs. 79,376.78 crore in FY23, up from Rs. 62,644.01 crore in FY22, a 26.71% increase. In FY23, net profits were Rs. 1,439.39 crore, up 9.47% from Rs. 1,314.87 crore in FY22.  The rise in revenue outpaced net profit growth as operating margins decreased YoY due to the high cost of raw materials.

ParticularsAmountParticularsAmount
CMP₹ 176Market Cap (Cr.)₹ 13,707
RoE (%)22.66%RoCE (%)26.58%
Dividend Yield4.32%Price to Book Value1.76
FII Holdings56.25%DII Holdings17.42%
Enterprise Value (Cr.)₹ 13,348.03EPS₹ 15.89

2. ITC Ltd

High FII Holding Stocks Under Rs 500 - ITC Logo

The company was established and incorporated in 1910. ITC is diversified into businesses such as FMCG (Foods, Personal Care, Cigarettes and Cigars, Education and Stationery Products, Incense Sticks and Safety Matches), Hotels, Paperboards and Packaging, Agribusiness, and Information Technology.

In FY23, FMCG accounts for 66.34% of revenue (Cigarettes – 62%, Others – 38%), Hotels – 3.52%, Agri Business – 16.30%, Paperboards, paper and packaging – 9.53%, Others – 4.19%.

Furthermore, the company has divided its revenue into three categories: sales from products (91.50%), services (7.59%), and others (0.91%).

As of September 30, 2023, the FII stake stood at 43.35%. FDI stake is 29.04% which includes Rothmans International – 1.24%, Myddleton Investment – 3.90%, Tobacco Manufacturers – 23.90%, FPIs hold 12.88% which includes GQG Partners – 1.58%, Others – 1.43%.

In FY23, the company reported revenue of Rs.76,518.21 crore, a 17.35% increase over Rs.65,204.96 crore in FY22. Net profits increased by 25.63% to Rs.19,476.72 crore from Rs.15,503.13 crore in FY22. The increase in net profits is due to a decrease in raw material purchases year on year.

ParticularsAmountParticularsAmount
CMP₹ 457.1Market Cap (Cr.)₹ 5,69,074
RoE (%)30.07%RoCE (%)39.49%
Dividend Yield4.04%Price to Book Value7.91
FII Holdings43.35%DII Holdings41.97%
Enterprise Value (Cr.)₹ 5,42,218.76EPS₹ 16.19

3. Aster DM Healthcare Ltd

Aster DM Healthcare Logo

The company was founded in 1987 and incorporated in 2008. Aster DM Healthcare is one of the most renowned hospitals in India. They serve patients through 290 locations in nine countries, including clinics, hospitals, and pharmacies, and employ approximately 14,000 people.

The company earns its revenue from the segment which is from Hospitals – 56.94%, Clinics – 19.9%, Retail Pharmacies – 22.90%, Others – 0.26% in FY23.  In FY23, the company earns revenue from Hospitals (56.94%), Clinics (19.9%), Retail Pharmacies (22.90%), and Others (0.26%).

As of 30 September 2023, FII stakes stood at 40.21%, comprising 29.09% from FDI (Rimco Ltd. – 10.13%, Olympus Capital Asia – 18.96%) and 11.12% from FPI.

In FY23, the company’s revenues were Rs. 11,932.88 crore, up from Rs. 10,253.28 crore in FY22, a 16.38% increase. The company’s net profits were Rs. 475.48 crore in FY23, up from Rs. 601.50 crore in FY22, a -20.95% decrease. Net profit has decreased due to an increase in fixed-cost expenses such as employee costs and the purchase of medicines and consumables.

ParticularsAmountParticularsAmount
CMP₹ 402.6Market Cap (Cr.)₹ 19,963
RoE (%)11.32%RoCE (%)14.36%
P/E (TTM)61.4Price to Book Value3.99
FII Holdings40.22%DII Holdings7.64%
Enterprise Value (Cr.)₹ 19,296.92EPS (TTM)₹ 5.69

4. Crompton Greaves Consumer Electricals Ltd

Crompton Greaves Logo

The company was incorporated in 2015. Crompton Greaves specialises in lighting and electrical consumer durables, such as the sale of motors, water heaters, mixer grinders, small kitchen appliances, LED lamps, and commercial lighting. The company has over 16,000+ stock keeping units and 2,000+ employees.

The company generates revenue from segments such as Electric Consumer Durables (69.22%), Lighting Products (15.40%), and Butterfly Brands (15.37%). 56% from fans, 23% from lighting, and 20% from water heaters in their respective segments and stores. 

As of 30 September 2023, FII stakes were 35.65%, FPI stakes were 34.86%, with BNP Paribus – 1%, Kotak Funds – 1%, Fidelity funds – 1.23%, Government pension fund global – 1.88, Vanguard Fund – 2.64%, and Kuwait Investment – 1.21%, Others – 0.79%.

Revenues increased by 27.35% in FY23 to Rs. 6,869.10 crore from Rs. 5,394.11 crore in FY22. The company’s net profits were Rs. 476.40 crore in FY23, down 17.63% from Rs. 578.38 crore in FY22. The decrease in net profits is due to an increase in material costs and changes in inventory in trade.

ParticularsAmountParticularsAmount
CMP₹ 299.95Market Cap (Cr.)₹ 19,212
RoE (%)19.71%RoCE (%)18.88%
Dividend Yield1.02%Price to Book Value6.75
FII Holdings35.64%DII Holdings47.71%
Enterprise Value (Cr.)₹ 19,256.06EPS (TTM)₹ 6.75

5. Petronet LNG Ltd

High FII Holding Stocks Under Rs 500 - Petronet LNG Logo

Petronet LNG was incorporated in 1998. The company promoter is the government of India, which holds 50% of the company. An independent board established joint venture capital for the development of facilities for the import, storage, and gasification of liquefied natural gas.

The sale of regasification liquefied natural gas (RLNG) accounts for approximately 95.91% of the company’s revenue, while regasification services account for 2.53% and others account for 1.55% in FY23.

As of September 30, 2023, the FII stake was 33.31%, while the FPI stake was 31.18%, which included Seafarer Overseas – 1.13% and T Rowe Price Emerging Markets Trust and Fund – 2.81%, Government of Singapore – 2.13% and fidelity investment – 1.28% and others – 2.13%.

In FY23, the company’s revenues were Rs.59,899.35 crore, up 38.75% from Rs.43,168.57 crore the previous year. In FY23, net profits were Rs.1,094.38 crore, a 2.38% decrease from Rs.1,121.17 crore in FY22. The decrease in net profits is due to an increase in the cost of purchasing LNG.

ParticularsAmountParticularsAmount
CMP₹ 216.3Market Cap (Cr.)Rs. 32,347
RoE (%)22.99%RoCE (%)32.19%
Dividend Yield4.37%Price to Book Value1.78
FII Holdings33.31%DII Holdings5.93%
Enterprise Value (Cr.)₹ 23,861.25EPS (TTM)₹ 23.27

List of High FII Holding Stocks under Rs 500

Here are some of the High FII holding stocks under Rs 500.

Stock NameIndustryCMPFII Holdings (%)
Redington LtdTrading₹ 17656.25%
ITC Ltd.Cigarettes, Tobacco₹ 457.143.34%
Aster DM Healthcare Ltd.Hospital & Healthcare services₹ 402.640.22%
Crompton Greaves Consumer Electricals Ltd.Consumer Durables - Domestic Appliances₹ 299.9535.64%
Petronet LNG Ltd.Industrial Gases & Fuels₹ 216.333.31%
Hindalco Industries Ltd.Metal - Non Ferrous₹ 49727.01%
REC Ltd.Finance Term Lending₹ 346.8020.36%
Kalyan Jewellers India Ltd.Diamond & Jewellery₹ 313.8026.56%
Delhivery Ltd.Courier Services₹ 397.5065.50%
Indraprastha Gas Ltd.Gas Transmission, Marketing₹ 385.2520.94%

Conclusion

As we near the end of the article, we looked at some of the High FII holding stocks under Rs 500, which represents FII stakes as one of the confidence parameters they demonstrate through their holdings in a company. Most investors can afford it because it is less than Rs.500.

However, these are not the only factors that determine whether a company is good or bad. Before investing, a thorough analysis of the companies is required, as FII Holdings’ decisions and strategies are influenced by their advisors. What are your views on the companies above? Do they hold enough potential? Let us know about your views in the comments section below.

Written by Santhosh

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