Gala Precision Engineering MD, chairman and AGM
NSE: GALAPRECBSE: 544244Industrial ManufacturingSmall Cap
Share price at the NSE close on 30 Oct 2026. Previous close ₹1,041.20.
30 Oct: open ₹1,044.30, high ₹1,062.00, low ₹1,000.00
- Next results date: the board meets on 5 Nov 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹1,331 Cr1,458th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 35.87
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 4.55
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 13.5%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 13.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.13
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 20,27654.8% delivered
Gala Precision Engineering's chairperson and managing director is KIRIT VISHANJI GALA, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 1 Jul 2026.
Gala Precision Engineering board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorKIRIT VISHANJI GALA
- Company Secretary and Compliance OfficerPooja Ladha
8 directors4 independent3 executive1 non-executive
- KIRIT VISHANJI GALA · Chairperson and managing directorExecutive · joined Jun 2009 · reappointed Nov 2023 · 1 listed board
- BALKISHAN SHYAMSUNDER JALANExecutive · joined Nov 2009 · reappointed Nov 2023 · 1 listed board · 2 committee seats
- SATISH DAYAL KOTWANIExecutive · joined Jun 2010 · reappointed Nov 2023 · 1 listed board
- RAJENDRA VALLABHAJI GOGRINon-executive · joined Aug 2018 · reappointed Sep 2024 · 4 listed boards · 1 as independent · 5 committee seats, 2 as chair
- SNEHAL BHUPENDRA SHAHIndependent · joined Nov 2023 · reappointed Jul 2026 · 34 months as independent · 1 listed board · 1 as independent
- NEHA RAJEN GADAIndependent · joined Nov 2023 · reappointed Jul 2026 · 34 months as independent · 4 listed boards · 4 as independent · 9 committee seats, 1 as chair
- VARSHA RAJARAM GALVANKARIndependent · joined Nov 2023 · 34 months as independent · 1 listed board · 1 as independent
- SUDHIR TOKARSHI GOSARIndependent · joined Jan 2024 · reappointed Jul 2026 · 32 months as independent · 1 listed board · 1 as independent
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 6 Aug 20268 of 8 present4 independent · 83 days in between
- 14 May 20268 of 8 present4 independent
Audit Committee
Chair SNEHAL BHUPENDRA SHAH
NEHA RAJEN GADA, BALKISHAN SHYAMSUNDER JALAN
- 6 Aug 20263 of 3 present2 independent · 83 days in between
- 14 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair VARSHA RAJARAM GALVANKAR
SNEHAL BHUPENDRA SHAH, SUDHIR TOKARSHI GOSAR
- 5 May 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair RAJENDRA VALLABHAJI GOGRI
BALKISHAN SHYAMSUNDER JALAN, NEHA RAJEN GADA
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair KIRIT VISHANJI GALA
VARSHA RAJARAM GALVANKAR, SATISH DAYAL KOTWANI
- 21 Jul 20262 of 3 present1 independent · 76 days in between
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- SCA AND ASSOCIATESPeer-review certificate valid to Aug 2027
1 earlier auditor
- M\S SCA AND ASSOCIATESNamed in filings from Sep 2025 to Dec 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Gala Precision Engineering AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.
Annual general meeting, 1 Jul 2026
22,400 shareholders on the register on 24 Jun 2026; present: 7 promoters and 45 others; votes counted by DHARMESH ZAVERI / D.M ZAVERI & CO..The company's voting result
- Adoption of Standalone and Consolidated Audited Financial Statements for the financial year ended 31st March 2026, along with the Reports of the Board of Directors’ and Auditor’s thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.00% · promoters 87.01% · institutions 21.27% · other public 31.56%
- Re-appointment of Mr. Balkishan Jalan (DIN 02876873), Whole-time Director, who retires by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.00% · promoters 87.01% · institutions 21.27% · other public 31.56%
- Re-appointment of Ms. Neha Rajen Gada (DIN: 01642373) as an Independent Director of the Company for a second term of 3 (Three) consecutive years commencing from November 30, 2026.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.00% · promoters 87.01% · institutions 21.27% · other public 31.56%
- Re-appointment of Mr. Snehal Bhupendra Shah (DIN: 00128595) as an Independent Director of the Company for a second term of 5 (Five) consecutive years commencing from November 30, 2026.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.00% · promoters 87.01% · institutions 21.27% · other public 31.56%
- Re-appointment of Mr. Sudhir Tokarshi Gosar (DIN: 10460551) as an Independent Director of the Company for a second term of 3 (Three) consecutiveSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.00% · promoters 87.01% · institutions 21.27% · other public 31.56%
- Ratification of the remuneration of M/s. Shekhar Joshi & Co. (Membership Number 10700) Cost Auditors of the Company for the financial year 2026-27.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.00% · promoters 87.01% · institutions 21.27% · other public 31.56%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 15 Jul 2025, 9 resolutions
25,506 shareholders on the register on 8 Jul 2025; present: 9 promoters and 38 others; votes counted by Dharmesh Zaveri / D.M. Zaveri & Co..The company's voting result
- Adoption of Standalone and Consolidated Audited Financial Statements for the financial year ended 31st March 2025, along with the Reports of the Board of Directors’ and Auditor’s thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.84% · promoters 90.00% · institutions 18.85% · other public 43.61%
- Re-appointment of Mr. Kirit Vishanji Gala (DIN 01540274), Chairman and Managing Director, who retires by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.84% · promoters 90.00% · institutions 18.85% · other public 43.61%
Resolution 3: Re-appointment of Ms. Varsha Rajaram Galvankar (DIN: 00124603) as an Independent Director of the Company for a second term of 3 (Three) consecutive years commencing from November 30, 2025.MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.84% · promoters 90.00% · institutions 18.85% · other public 43.61%
- Fixing of remuneration of Mr. Kirit Vishanji Gala (DIN 01540274), Chairman and Managing Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.84% · promoters 90.00% · institutions 18.85% · other public 43.61%
- Fixing of remuneration of Mr. Balkishan Shyamsunder Jalan (DIN: 02876873), Whole-time Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.84% · promoters 90.00% · institutions 18.85% · other public 43.61%
- Fixing of remuneration of Mr. Satish Dayaldas Kotwani (DIN: 03154231), Whole-time Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.84% · promoters 90.00% · institutions 18.85% · other public 43.61%
- Approval of Related Party Transaction in respect to hold office or place of profit in the Company by Mr. Smeet Kirit Gala.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 18.04% · promoters 0.00% · institutions 18.85% · other public 43.61%
- Appointment of M/s. D. M. Zaveri & Co., Practising Company Secretaries, Mumbai, a Peer Reviewed Firm as the Secretarial Auditors of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.84% · promoters 90.00% · institutions 18.85% · other public 43.61%
- Ratification of the remuneration of M/s. Shekhar Joshi & Co. (Membership Number-10700) Cost Auditors of the Company for the financial year 2025-26.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.84% · promoters 90.00% · institutions 18.85% · other public 43.61%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2024, 4 resolutions
Present: 9 promoters and 28 others.
- Adoption of Standalone and Consolidated Audited Financial Statements for the financial year ended 31st March 2024, along with the Reports of the Board of Directors’ and Auditor’s thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 71.16% · promoters 91.94% · institutions 45.79% · other public 45.18%
- Re-appointment of Mr. Rajendra Vallabhaji Gogri (DIN: 00061003), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 71.16% · promoters 91.94% · institutions 45.79% · other public 45.18%
- Appointment of M/s. SCA and Associates, Chartered Accountants as Statutory Auditors of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 71.16% · promoters 91.94% · institutions 45.79% · other public 45.18%
- Ratification of remuneration of M/s. Shekhar Joshi & Co. (Membership Number-10700) Cost Auditors of the Company for the financial year 2024-25.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 71.16% · promoters 91.94% · institutions 45.79% · other public 45.18%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 30 Sep 2024, 1 fund house
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- Re-appointment of Mr. Rajendra Vallabhaji Gogri (DIN: 00061003), who retires by rotation and being eligible, offers himself for re-appointment.1 for0 against
- Appointment of M/s. SCA and Associates, Chartered Accountants as Statutory Auditors of the Company.1 for0 against
2 proposals not matched to one resolution
- Item 1, as a fund house numbered it1 for0 against
- Item 4, as a fund house numbered it1 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Tax disputes
Reported in the filing for the quarter to Sep 2026.
- Tax disputeIncome Tax DepartmentSince 17 May 2023After reviewing the submission by CIT (A), the case is remanded back to ACIT - Circle 3(2). The case hearing is in progress.At the filing before: Assessee was aggrieved with the assessment order passed by the Assessing officer for AY 2011-12. The assessee has challenged the order before Income Tax Commissioner (Appeal)
- Tax disputeIncome Tax DepartmentSince 17 May 2023After reviewing the submission by CIT (A), the case is remanded back to ACIT - Circle 3(2). The case hearing is in progress.At the filing before: Assessee was aggrieved with the assessment order passed by the Assessing officer for AY 2014-15. The assessee has challenged the order before Income Tax Commissioner (Appeal)
- Tax disputeIncome Tax DepartmentSince 31 May 2023After reviewing the submission by CIT (A), the case is remanded back to ACIT - Circle 3(2). The case hearing is in progress.At the filing before: Assessee was aggrieved with the assessment order passed by the Assessing officer for AY 2015-16. The assessee has challenged the order before Income Tax Commissioner (Appeal)
- Tax disputeIncome Tax DepartmentSince 31 May 2023After reviewing the submission by CIT (A), the case is remanded back to ACIT - Circle 3(2). The case hearing is in progress.At the filing before: Assessee was aggrieved with the assessment order passed by the Assessing officer for AY 2016-17. The assessee has challenged the order before Income Tax Commissioner (Appeal)
- Tax disputeIncome Tax DepartmentSince 31 May 2023After reviewing the submission by CIT (A), the case is remanded back to ACIT - Circle 3(2). The case hearing is in progress.At the filing before: Assessee was aggrieved with the assessment order passed by the Assessing officer for AY 2017-18. The assessee has challenged the order before Income Tax Commissioner (Appeal)
- Tax disputeIncome Tax DepartmentSince 31 May 2023After reviewing the submission by CIT (A), the case is remanded back to ACIT - Circle 3(2). The case hearing is in progress.At the filing before: Assessee was aggrieved with the assessment order passed by the Assessing officer for AY 2018-19. The assessee has challenged the order before Income Tax Commissioner (Appeal)
- Tax disputeIncome Tax DepartmentSince 31 May 2023After reviewing the submission by CIT (A), the case is remanded back to ACIT - Circle 3(2). The case hearing is in progress.At the filing before: Assessee was aggrieved with the assessment order passed by the Assessing officer for AY 2020-21. The assessee has challenged the order before Income Tax Commissioner (Appeal)
- Tax disputeIncome Tax DepartmentSince 16 Aug 2026Various Summons are issued at various dates from the department. Initial submisison is done by the assessee and department is examining the submission and the case is in progressAt the filing before: Income tax department initiated search U/s 248 on 18 August 2026 at Corporate Office at Thane and Factory Location (Wada).
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.