To get an idea of who actually controls Dishman Carbogen Amcis Limited (NSE: DCAL), it is important to understand the ownership structure of the company. With 59% of the capital, private companies hold the maximum shares in the company. In other words, the group is likely to gain the most (or lose the most) from its investment in the business.
As the market capitalization fell to ₹16 billion last week, private companies would have suffered the highest losses than any other group of shareholders in the company.
Let’s take a closer look at what different types of shareholders can tell us about Dishman Carbogen Amcis.
Before looking at the breakdown of owners, note that our analysis indicates that DCAL is potentially overvalued!
What does institutional ownership tell us about Dishman Carbogen Amcis?
Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.
We can see that Dishman Carbogen Amcis has institutional investors; and they own a good part of the shares of the company. This may indicate that the company has some degree of credibility in the investment community. However, it is best to be wary of relying on the so-called validation that accompanies institutional investors. They are also sometimes wrong. If multiple institutions change their minds on a stock at the same time, you could see the stock price drop quickly. So it is worth checking out the Dishman Carbogen Amcis Earnings History below. Of course, the future is what really matters.
Dishman Carbogen Amcis is not owned by hedge funds. Our data shows that Adimans Technologies Private Limited is the largest shareholder with 59% of shares outstanding. This essentially means that they have considerable influence, if not absolute control, over the future of the company. With respectively 3.5% and 3.3% of the outstanding shares, HBM Partners Ltd. and Mukul Agrawal are the second and third shareholders.
While studying the institutional ownership of a company can add value to your research, it is also recommended that you research analyst recommendations to better understand a stock’s expected performance. There is some analyst coverage of the stock, but it could still become better known over time.
Insider Ownership of Dishman Carbogen Amcis
The definition of an insider may differ slightly from country to country, but board members still matter. Management is ultimately responsible to the board of directors. However, it is not uncommon for managers to be members of the management board, especially if they are founders or CEOs.
Most view insider ownership as a positive because it can indicate that the board is well aligned with other shareholders. However, there are times when too much power is concentrated within this group.
We may report that insiders hold shares of Dishman Carbogen Amcis Limited. Its market capitalization is only ₹16 billion and insiders hold ₹797 million of shares, in their own name. This shows at least some alignment. You can click here to see if these insiders have been buying or selling.
General public property
The general public, including retail investors, owns 20% of the company’s capital and therefore cannot be easily ignored. While that size of ownership might not be enough to sway a policy decision in their favor, they can still have a collective impact on company policies.
Private Company Ownership
We can see that private companies hold 59% of the shares issued. It might be worth exploring this further. If related parties, such as insiders, have an interest in any of these private companies, this should be disclosed in the annual report. Private companies may also have a strategic interest in the company.
I find it very interesting to see who exactly owns a company. But to really get insight, we also need to consider other information. Example: we have identified 1 warning sign for Dishman Carbogen Amcis you should be aware.
But finally it’s the future, not the past, which will determine the performance of the owners of this company. Therefore, we think it’s advisable to take a look at this free report showing whether analysts are predicting a brighter future.
NB: The figures in this article are calculated using trailing twelve month data, which refers to the 12 month period ending on the last day of the month the financial statements are dated. This may not be consistent with the annual report figures for the full year.
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This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.
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