Fundamentally good stocks with high promoter stake and low public holding

When promoter shares become significant in comparison to what is held by other shareholders, it indicates a closer management-to-ownership relationship. It means they will work hand in hand with minority holders for the creation of growth and values that sustain themselves.

Here are the top 5 companies with High Promoter Stake (more than 60%) and Low Public Holding (less than 10%)

Tata Consultancy Services Ltd (TCS)

The company's revenue for Q1FY25 stood at ₹62,613 crore, growing by 5.83% compared to the previous year. Its net profit increased by 8.85%, reaching ₹12,105 crore.

Promoters hold 71.77% of the shares, while public holding is 4.82%, foreign institutional investors (FIIs) hold 12.35%, domestic institutional investors (DIIs) hold 11%, and other entities hold 0.06%. In the June 2024 quarter, promoters' holdings remained unchanged, while FII/FPI decreased their holdings, and both mutual funds and institutional investors increased their holdings.

HCL Technologies Ltd

The company's Q1FY25 revenue was ₹28,057 crore, up by 6.69%, while its net profit increased by 20.61% to ₹4,259 crore.

Promoters hold 60.81% of the shares, public holding is 4.65%, FIIs hold 18.45%, DIIs own 15.77%, and others hold 0.32%. In the June 2024 quarter, promoter holdings remained steady, FII/FPI holdings decreased with the number of investors, mutual funds increased their holdings while maintaining 44 schemes, and institutional investor holdings declined.

Hindustan Aeronautics Ltd

Its revenue for Q1FY25 was ₹4,348 crore, growing by 11.06%, and net profit increased sharply by 76.41% to ₹1,436 crore.

Promoters hold 71.64%, public investors 7.86%, FIIs hold 11.68%, DIIs own 8.81%, and others have a minimal 0.01% stake. In the June 2024 quarter, promoter holdings remained unchanged, while FII/FPI holdings decreased, despite an increase in FII/FPI investors, mutual fund holdings fell, though the number of MF schemes rose from 36 to 37, and institutional investor holdings dropped.

Coal India Ltd

For Q1FY25, its revenue was ₹36,465 crore, up by 1.33%, and net profit stood at ₹10,944 crore, growing by 4.24%.

Promoter holdings account for 63.13%, public holding is 5.21%, FIIs hold 8.39%, DIIs own 23.15%, and other entities hold 0.12%. In the June 2024 quarter, promoters' holding remained unchanged, while FII/FPI holdings decreased from 8.41% despite an increase in investors, mutual funds' holdings dropped but the number of schemes increased from 36 to 37, and institutional investors reduced their holdings.

Siemens Ltd

Its revenue for Q1FY25 was ₹4,768 crore, growing by 6.59%, while net profit surged by 25.23% to ₹531 crore.

Promoters hold 75% of the shares, public holding is 9.39%, FIIs own 8.59%, DIIs hold 7.02%, and there is no significant holding by other entities. In the June 2024 quarter, promoter pledges and holdings remained unchanged, while FII/FPI increased their holdings with investor numbers rising, mutual funds raised their holdings with the number of schemes increasing from 28 to 32, and institutional investors reduced their holdings slightly.