Odigma Consultancy Solutions MD, chairman and AGM
NSE: ODIGMABSE: 544301IT - ServicesSmall Cap
Share price at the NSE close on 27 Oct 2026. Previous close ₹18.27.
27 Oct: open ₹17.65, high ₹19.01, low ₹17.65
- 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
- ₹58 Cr3,056th 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
- Lossover the last 12 months
- 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
- 1.08
- 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.
- −1.8%
- ROE without one-offsReturn on equity without one-off items. Core profit, 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 less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹0.19 crore of one-off items, the largest of them in the quarter to Dec 2025.
- −1.5%
- 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.
- −5.1%
- 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 Sep 2026.
- 0.00
- 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
- 14,11864.1% delivered
Odigma Consultancy Solutions' chairperson is Vishal Ajitbhai Mehta and its managing director Mathew Jose, as filed for the quarter to Jun 2026. Its latest annual general meeting was on 10 Sep 2026.
Odigma Consultancy Solutions 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
- ChairpersonVishal Ajitbhai MehtaRelated to the promoter
- Managing directorMathew Jose
- Company Secretary and Compliance OfficerPrachi Vijay Jain
6 directors3 independent1 executive2 non-executive
- Vishal Ajitbhai Mehta · ChairpersonNon-executive · joined Feb 2014 · 2 listed boards · 4 committee seats, 1 as chair
- Mathew Jose · Managing directorExecutive · joined Jul 2020 · 1 listed board · 1 committee seat
- Laljibhai Lakhamanbhai VoraNon-executive · joined May 2023 · 1 listed board
- Shah Jigar PradipchandraIndependent · joined Jul 2024 · reappointed Jul 2024 · 23 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 2 as chair
- Anal Ruchir DesaiIndependent · joined Jul 2024 · reappointed Jul 2024 · 23 months as independent · 4 listed boards · 4 as independent · 7 committee seats, 2 as chair
- Shah Jigar RameshbhaiIndependent · joined Jul 2024 · reappointed Jul 2024 · 23 months as independent · 1 listed board · 1 as independent · 1 committee seat
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
- 7 May 20266 of 6 present3 independent · 41 days in between
- 26 Mar 20266 of 6 present3 independent · 33 days in between
- 20 Feb 20266 of 6 present3 independent · 20 days in between
- 30 Jan 20266 of 6 present3 independent
Audit Committee
Chair Shah Jigar Pradipchandra
Anal Ruchir Desai, Shah Jigar Rameshbhai, Mathew Jose
- 7 May 20264 of 4 present3 independent · 41 days in between
- 26 Mar 20264 of 4 present3 independent · 33 days in between
- 20 Feb 20264 of 4 present3 independent · 20 days in between
- 30 Jan 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Shah Jigar Pradipchandra
Anal Ruchir Desai, Vishal Ajitbhai Mehta
- 26 Mar 20263 of 3 present2 independent · 54 days in between
- 30 Jan 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Vishal Ajitbhai Mehta
Anal Ruchir Desai, Shah Jigar Pradipchandra
- 7 May 20263 of 3 present2 independent · 41 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.
- G S Mathur & CoPeer-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.
Odigma Consultancy Solutions 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, 10 Sep 2026
2,80,199 shareholders on the register on 3 Sep 2026; present: 7 promoters and 41 others; votes counted by Ashish C. Doshi / SPANJ & Associates.The company's voting result
- To receive, consider and adopt the Audited Financial Statements of the Company for the Financial year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 56.03% · promoters 99.99% · institutions 0.00% · other public 40.11%
- To re-appoint Mr. Vishal Ajitbhai Mehta (DIN: 03093563), who retires by rotation and being eligible, offers himself for re-appointment as a Director.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 56.03% · promoters 99.99% · institutions 0.00% · other public 40.11%
- Approval of Material Related Party Transactions with AvenuesAI Limited.OrdinaryPromoters have an interest in it99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 13.72% · promoters 0.00% · institutions 0.00% · other public 19.24%
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.
Postal ballot, 26 Mar 2026, 2 resolutions
3,03,098 shareholders on the register on 20 Feb 2026; votes counted by Ashish C. Doshi / SPANJ & Associates.
- Re-appointment of Mr. Mathew Jose (DIN: 08781735) as the Managing Director of the CompanySpecial99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 56.59% · promoters 99.99% · institutions 0.00% · other public 40.88%
- Approval of Material Related Party Transactions with AvenuesAI LimitedOrdinaryPromoters have an interest in it99.88% for0.12% against
Against: promoters 0.00% · institutions 0.00% · other public 0.12%
Turnout: all 14.28% · promoters 0.00% · institutions 0.00% · other public 20.03%
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, 22 Sep 2025, 7 resolutions
3,33,005 shareholders on the register on 15 Sep 2025; present: 5 promoters and 47 others; votes counted by Ashish Doshi / SPANJ & Associates.
- To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2025, together with the Reports of the Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 56.90% · promoters 99.00% · institutions 2.47% · other public 41.70%
- To re-appoint Mr. Laljibhai Lakhamanbhai Vora (DIN: 00535626), who retires by rotation and being eligible, offers himself for re-appointment as a DirectorOrdinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 56.91% · promoters 99.00% · institutions 3.16% · other public 41.70%
- Appointment of Secretarial AuditorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 56.91% · promoters 99.00% · institutions 3.16% · other public 41.70%
- Ratification of the Odigma Employee Stock Option Plan 2024-25 (“ESOP 2024-25”)Special99.93% for0.07% against
Against: promoters 0.00% · institutions 80.69% · other public 0.02%
Turnout: all 56.90% · promoters 99.00% · institutions 3.16% · other public 41.68%
- Ratification of the extension of the benefits under Odigma Employee Stock Option Plan 2024-25 (“ESOP 2024-25”) to the employees of the holding, subsidiary, associate or group Companies of the CompanySpecial99.91% for0.09% against
Against: promoters 0.00% · institutions 80.69% · other public 0.07%
Turnout: all 56.90% · promoters 99.00% · institutions 3.16% · other public 41.68%
- Approval of Material Related Party Transaction with Infibeam Avenues LimitedOrdinaryPromoters have an interest in it99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 14.87% · promoters 0.00% · institutions 3.16% · other public 20.81%
- Approval of Material Related Party Transaction with Infinium Motors Private LimitedOrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 29.74% · promoters 0.00% · institutions 3.16% · other public 41.68%
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 Jun 2026.
- Tax disputeJoint Commissioner of Income Tax (Appeals)Since 10 Dec 2025Ongoing
At the filing before: Alleged demand notice of Rs.2.83 Lakhs (Tax Amount Rs.1.80 Lakhs and Interest Amount Rs.1.03 Lakhs) from the Income Tax Officer (TDS) dated 11.11.2025. The Company has filed an application for rectification of the said order on 10 December 2025 before the Joint Commissioner of Income Tax (Appeals).MoreLess
- Tax disputeAssistant Commissioner of GSTSince 11 Dec 2025OngoingAt the filing before: The Company has filed an appeal against the order.
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
- 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.
How money raised was used
The company's results filing for the quarter to Sep 2026 says no statement of how money raised was used applies to it.