Elcid Investment Finances and Shareholding Pattern: Who Owns Its Shares?

The Indian Stock market is currently experiencing a rollercoaster ride, with various stocks experiencing significant ups and downs. But one stock has been standing out and making history by becoming the most expensive: Elcid Investment shares. It has caught the attention of not just retail investors but also institutional players in this volatile market. 

To give a background check, Elcid Investment was relisted on the stock exchange through a special call auction for price discovery on October 29, 2024. After the relisting, Elcid Investment shares have continuously witnessed a positive streak and touched a 52-week high of ₹3,32,399.95 from its low of ₹3.21 as of July 2024. As of November 8, 2024, Elcid Investment shares opened at ₹3,29,900.00 and touched the day high of ₹3,32,399.95 at 12:45 PM.

If you are curious to know the stock’s financials and shareholding, we have covered just that in this article. Read on.

Elcid Investment Shareholding Overview

As of September 30, 2024, the company’s shareholding is divided between Promoter & Promoter Group and Public. Promoter & Promoter Group holds 75% of the stake in Elcid Investment while the Public stake is 25% comprising 48,100 shareholders. 

The Promoter & Promoter Group mainly includes Dipika Amar Vakil (47.53%), Varun Amar Vakil (13.78%), Amar Arvind Vakil HUF (7.50%), and Amrita Amar Vakil (6.08%).

Elcid Investment Financials Overview

During FY2024, Elcid Investment reported a growth in revenue to ₹236 crore as compared to ₹108 crore in FY23 while the company’s profit for the year soared to ₹17.57 crore against ₹7.34 crore in the previous year.  The company has delivered good profit growth of 26.3% CAGR over the last 5 years and median sales growth of 27.3% over the last 10 years. On the balance sheet front, the company is almost debt-free.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.