Jagatjit Industries MD and AGM
Share price at the BSE close on 30 Oct 2026. Previous close ₹124.15.
30 Oct: open ₹124.95, high ₹129.45, low ₹122.00
- 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
- ₹582 Cr1,766th 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
- 50.54
- 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
- 9.24
- 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.
- 19.7%
- 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.
- −14.6%
- 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.
- 5.70
- Volume, BSEVolume. Shares traded on the last trading day. Volume in the glossary
- 3,187
Jagatjit Industries' managing director is Ravi Manchanda, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 30 Sep 2026.
Jagatjit Industries 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
- Managing directorRavi Manchanda
- Company Secretary and Compliance OfficerRoopesh Kumar
6 directors3 independent2 executive1 non-executive
- Ravi Manchanda · Managing directorExecutive · joined Oct 2008 · reappointed Sep 2026 · 24 months as independent · 1 listed board · 1 committee seat
- Roshini Sanah JaiswalExecutive · joined Sep 2023 · reappointed Sep 2026 · 36 months as independent · 1 listed board
- Sushma SagarIndependent · joined Mar 2018 · reappointed Jul 2022 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Asha SaxenaNon-executive · joined Jul 2022 · reappointed Sep 2025 · 1 listed board
- Vidhi GoelIndependent · joined Jan 2021 · reappointed Sep 2025 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Nagendra Kumar ChauhanIndependent · joined Aug 2024 · reappointed Sep 2024 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
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
- 24 Aug 20264 of 6 present1 independent · 10 days in between
- 13 Aug 20264 of 6 present2 independent · 76 days in between
- 28 May 20265 of 6 present3 independent
- 11 May 20263 of 6 present2 independent
2 earlier meetings
- 27 Apr 20263 of 6 present1 independent
- 13 Apr 20263 of 6 present1 independent
Audit Committee
Chair Nagendra Kumar Chauhan
Sushma Sagar, Vidhi Goel
- 24 Aug 20262 of 3 present2 independent · 10 days in between
- 13 Aug 20262 of 3 present2 independent · 76 days in between
- 28 May 20263 of 3 present3 independent
- 27 Apr 20262 of 3 present2 independent
Nomination and remuneration committee
Chair Nagendra Kumar Chauhan
Vidhi Goel, Asha Saxena
- 24 Aug 20262 of 3 present2 independent · 118 days in between
- 27 Apr 20262 of 3 present1 independent
Stakeholders Relationship Committee
Chair Nagendra Kumar Chauhan
Ravi Manchanda, Vidhi Goel
No meeting listed in the filing.
Corporate Social Responsibility Committee
Ravi Manchanda, Asha Saxena, Nagendra Kumar Chauhan
No meeting listed in the filing.
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.
- V. P. Jain & AssociatesPeer-review certificate valid to Mar 2028
1 earlier auditor
- M/s V P Jain & AssociatesNamed in the filing for the quarter to Mar 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.
Jagatjit Industries 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, 30 Sep 2026
12,745 shareholders on the register on 25 Sep 2026; present: 12 promoters and 43 others; votes counted by Mohd Saqib / Saqib & Associates.The company's voting result
Adoption of the Audited Standalone Financial Statements of the Company together with the report of Board of Directors and Auditors thereon and the Audited Consolidated Financial Statements of the Company including Auditors' Report thereon for the Financial Year ended 31st March, 2026.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.33%
Turnout: all 75.19% · promoters 82.18% · institutions 0.00% · other public 0.64%
- To appoint Ms. Roshini Sanah Jaiswal (DIN: 00887811), who retires by rotation and, being eligible, offers herself for re-appointment as a Director.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.43%
Turnout: all 75.19% · promoters 82.18% · institutions 0.00% · other public 0.64%
- To re-appoint M/s. V. P. Jain & Associates, Chartered Accountants, New Delhi (FRN 015260N) as Statutory Auditors of the Company for a second term of five consecutive years.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.43%
Turnout: all 75.19% · promoters 82.18% · institutions 0.00% · other public 0.64%
- To ratify the remuneration payable to the Cost Auditors.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.43%
Turnout: all 75.19% · promoters 82.18% · institutions 0.00% · other public 0.64%
- Re-appointment of Mr. Ravi Manchanda (DIN: 00152760) as Managing Director of the Company who has attained the age of Seventy years, for a further period of two yearsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.44%
Turnout: all 75.19% · promoters 82.18% · institutions 0.00% · other public 0.64%
- Re-appointment of Ms. Roshini Sanah Jaiswal as Executive Director of the CompanySpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.43%
Turnout: all 75.19% · promoters 82.18% · institutions 0.00% · other public 0.64%
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.
Tax disputes
Reported in the filing for the quarter to Sep 2026.
- Tax disputeThe Service Tax ActSince 15 Dec 2008Disputed Service Tax demand of Rs. 17,97,534/- (tax & penalty). The Company filed an appeal against the demand before authority, pending for adjudication.At the filing before: Pending
- Tax disputeThe Service Tax ActSince 10 Oct 2023Disputed Service Tax demand of Rs. 1,24,43,440/- (tax & penalty). The Company filed an appeal against the demand before authority, pending for adjudication.At the filing before: Pending
- Tax disputeThe Andhra Pradesh VAT ActSince 13 Jul 2015Disputed VAT demand of Rs. 1,03,00,000/- on royalty income. The Company filed a writ against the demand before authority, pending for adjudication.At the filing before: Pending
- Tax disputeThe Punjab VAT ActSince 10 Feb 2014Disputed VAT demand of Rs. 2,19,67,703/-. For FY 2019-20. The Company filed an appeal against the demand before authority, pending for adjudication.At the filing before: Pending
- Tax disputeThe Punjab GST ActSince 27 Aug 2024Disputed GST demand of Rs. 1,12,38,142/- (Tax & Penalty) for FY 2019-20. The Company filed an appeal against the demand before authority, pending for adjudication.At the filing before: Pending
- Tax disputeJharkhand VAT ActSince 8 Jan 2020
Disputed VAT demand of Rs. 65,45,264/- on account of nonavaibility of JVAT Form for AY 2015-16. The Company filed an appeal against the demand before Commissioner (Appeal) Jharkhand, pending for adjudication.MoreLess
At the filing before: Pending - Tax disputeGovt of Uttarakhand (VAT Act)Since 9 Oct 2020
Disputed VAT demand of Rs. 71,23,120/- on account of denial of Input Tax Credit in absence of copy of debit note for FY 2016-17. The Company filed an appeal against the demand before Joint Commissioner (appeal) State Tax, Dehradun, Uttarakhand, pending for adjudication.MoreLess
At the filing before: Pending - Tax disputeThe Haryana VAT ActSince 27 Mar 2015
Disputed VAT demand of Rs. 39,69,900/- for FY 2011-12 on account of not allowance of VAT deposit due to rate deduction. The Company filed an appeal before Joint Excise and taxation Commissioner (Appeal) Rohtak, Haryana, pending for adjudication.MoreLess
At the filing before: Pending
3 more
- Tax disputeThe Income Tax ActSince 13 Apr 2022
Assessment U/S 147 for AY 2016-17 was made by making certain disallowances/ addition of ₹ 445 Lakhs on account of late deposit of provident fund and alleged bogus purchases resulting in reduction of carry forward of losses to the same extent. The Company filed an appeal before first appellate authority which is pending for adjudication.MoreLess
At the filing before: Pending - Tax disputeThe Income Tax ActSince 31 Mar 2023
Rectification order U/s 154 for AY 2017-18 making total additions of ₹ 1012 Lakhs on account of disallowance of expenses u/s 36(1) (va), 201(1A)/206 C(7) and provision for obsolete inventory has been passed. The additions made by the Assessing Officer purports to reduction of carry forward of losses without any current tax impact. Aggrieved by the disallowances made by the Assessing Officer, the Company have preferred an appeal before first appellate authority which is pending for adjudication.MoreLess
At the filing before: Pending - Tax disputeThe Punjab GST ActSince 24 Feb 2025Disputed GST demand of Rs. 51,36,652/- (Tax & Penalty) for FY 2020-21. The Company is in process of filling an appeal against the demand before authority.At the filing before: Pending
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
- No
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- 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.