NHC Foods MD, chairman and AGM
BSE: 517554Food ProductsSmall Cap
Share price at the BSE close on 28 Oct 2026. Previous close ₹1.22.
28 Oct: open ₹1.28, high ₹1.28, low ₹1.28
- 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
- ₹121 Cr3,309th 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
- 4.48
- 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
- Shares changed
- 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.
- 20.7%
- 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.
- 15.2%
- 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.
- 0.27
- Volume, BSEVolume. Shares traded on the last trading day. Volume in the glossary
- 26,13,972
NHC Foods' chairperson is MANISH VYAS and its managing director SATYAM SHIRISHCHANDRA JOSHI, as filed for the quarter to Jun 2026. Its latest annual general meeting was on 25 Sep 2026.
NHC Foods board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonMANISH VYAS
- Managing directorSATYAM SHIRISHCHANDRA JOSHI
- Company Secretary and Compliance OfficerVijay Mukesh Thakkar
6 directors4 independent2 executive
- MANISH VYAS · ChairpersonIndependent · joined Jul 2019 · reappointed Jul 2024 · 83 months as independent · 1 listed board · 1 as independent · 2 committee seats
- NARAYANAN ANANTHAKRISHNAN IYERIndependent · joined Mar 2025 · 15 months as independent · 2 listed boards · 2 as independent
- ANISHA SUKUMAR SHARMAIndependent · joined Mar 2025 · 15 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- KARAN HARESHLAL NAGDEVIndependent · joined Aug 2024 · 22 months as independent · 1 listed board · 1 as independent · 2 committee seats
- SATYAM SHIRISHCHANDRA JOSHI · Managing directorExecutive · joined Sep 2024 · reappointed Mar 2025 · 21 months as independent · 1 listed board
- ASHISH ASHOKKUMAR SHAHExecutive · joined Jun 2023 · 36 months as independent · 1 listed board
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.
3 directors who left
- APOORVA HIMATLAL SHAH, left 6 Mar 2025: Others
- NEHA MAHESH DHANUKA, left 6 Mar 2025: Others
- APAR APOORVA SHAH, left 14 Feb 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 30 Jun 20266 of 6 present4 independent · 5 days in between
- 24 Jun 20266 of 6 present4 independent · 22 days in between
- 1 Jun 20266 of 6 present4 independent · 2 days in between
- 29 May 20266 of 6 present4 independent · 1 day in between
5 earlier meetings
- 27 May 20266 of 6 present4 independent · 5 days in between
- 21 May 20266 of 6 present4 independent · 2 days in between
- 18 May 20266 of 6 present4 independent · 25 days in between
- 22 Apr 20266 of 6 present4 independent · 71 days in between
- 9 Feb 20266 of 6 present4 independent
Audit Committee
Chair ANISHA SUKUMAR SHARMA
MANISH VYAS, KARAN HARESHLAL NAGDEV
- 1 Jun 20263 of 3 present3 independent · 10 days in between
- 21 May 20263 of 3 present3 independent · 28 days in between
- 22 Apr 20263 of 3 present3 independent · 71 days in between
- 9 Feb 20263 of 3 present3 independent
Nomination and remuneration committee
Chair ANISHA SUKUMAR SHARMA
MANISH VYAS, KARAN HARESHLAL NAGDEV
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair ANISHA SUKUMAR SHARMA
MANISH VYAS, KARAN HARESHLAL NAGDEV
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 Jun 2026.
- JMMK & Co.Peer-review certificate valid to Apr 2027
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.
NHC Foods 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, 25 Sep 2026
74,484 shareholders on the register on 18 Sep 2026; present: 0 promoters and 60 others; votes counted by Nikunj Kanabar / Nikunj Kanabar and Associates.The company's voting result
To receive, consider and adopt: a. the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon and b. the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Report of the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 33.64% · promoters 0.00% · institutions 100.00% · other public 19.75%
- To appoint a Director in place of Mr. Ashish Ashokkumar Shah (DIN: 06701501), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 33.63% · promoters 0.00% · institutions 100.00% · other public 19.74%
- To Consider and Approve the Enhancement in limits under Section 180(1)(a) of the Companies Act, 2013.Special99.95% for0.05% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 33.63% · promoters 0.00% · institutions 100.00% · other public 19.74%
- Increase in borrowing powers of the Company in terms of provisions of Section 180(1)(c) of the Companies Act, 2013.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 33.63% · promoters 0.00% · institutions 100.00% · other public 19.74%
- Approval to enhance the limit to advance any loan/ give guarantee/ provide security u/s 185 of the Companies Act, 2013.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 33.63% · promoters 0.00% · institutions 100.00% · other public 19.74%
- Enhancement of the limit under Section 186 of the Companies Act, 2013.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 33.63% · promoters 0.00% · institutions 100.00% · other public 19.74%
- Increase in Authorised Share Capital of the Company and consequential amendment in Memorandum of Association of the Company.Ordinary99.90% for0.10% against
Against: promoters 0.00% · institutions 0.00% · other public 0.20%
Turnout: all 33.63% · promoters 0.00% · institutions 100.00% · other public 19.74%
- Appointment of Secretarial Auditors of the Company.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 33.63% · promoters 0.00% · institutions 100.00% · other public 19.74%
- Issue of Convertible Warrants on Preferential Basis.Special99.90% for0.10% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 33.64% · promoters 0.00% · institutions 100.00% · other public 19.75%
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.
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
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Dec 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Reason and comments |
|---|---|---|---|---|---|---|
| Preferential IssuesSep 2025 | 8.13 | To meet the company's capital expenditure,including but not limited to setting up or expansion of manufacturing facilities,procurement of specialized machinery, and development of infrastructure | 2.50 | 2.50 | No | No Deviation / VariationAudit committee: No Deviation / VariationAuditors: No Deviation / Variation |
| Preferential IssuesSep 2025 | 8.13 | To meet working capital requiremts of the company | 3.59 | 3.59 | No | No Deviation / VariationAudit committee: No Deviation / VariationAuditors: No Deviation / Variation |
| Preferential IssuesSep 2025 | 8.13 | To meet general corporate expenditure | 2.03 | 2.03 | No | No Deviation / VariationAudit committee: No Deviation / VariationAuditors: No Deviation / Variation |
| Rights IssuesDec 2024 | 47.42 | To meet the Working Capital Requirements | 25.00 | 25.00 | No | |
| Rights IssuesDec 2024 | 47.42 | To make the repayment of Secured Loan | 15.00 | 15.00 | No | |
| Rights IssuesDec 2024 | 47.42 | General corporate purposes | 7.00 | 7.00 | No | |
| Rights IssuesDec 2024 | 47.42 | Issue related expenses | 0.42 | 0.42 | No |