Ratnaveer Precision Engineering MD, chairman and AGM
NSE: RATNAVEERBSE: 543978Industrial ProductsSmall Cap
Share price at the NSE close on 28 Oct 2026. Previous close ₹347.25.
28 Oct: open ₹349.15, high ₹357.00, low ₹342.25
- Next results date: the board meets on 30 Oct 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
- ₹2,896 Cr1,452nd 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
- 42.85
- 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.
- 13.0%
- 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.
- 9.0%
- 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. Taken from the consolidated balance sheet, the company and its subsidiaries together; the P/E is on the company's own results until four consolidated quarters are filed.
- 0.50
- 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
- 24,24,37121.2% delivered
Ratnaveer Precision Engineering's chairperson and managing director is VIJAY RAMANLAL SANGHAVI, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 26 Sep 2026.
Ratnaveer 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 directorVIJAY RAMANLAL SANGHAVIRelated to the promoter
8 directors6 independent2 executive
- VIJAY RAMANLAL SANGHAVI · Chairperson and managing directorExecutive · joined Feb 2002 · reappointed Jun 2022 · 1 listed board · 2 committee seats
- SREERAM VISHWANATHAN RISHINARADAMANGALAMIndependent · joined Apr 2022 · reappointed Apr 2022 · 53 months as independent · 1 listed board · 1 as independent
- KARUNA VINOD ADVANIIndependent · joined Dec 2023 · reappointed Dec 2023 · 33 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
- SHAH RAJASH DINESHKUMARIndependent · joined May 2024 · reappointed May 2024 · 28 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- UMESHSINH BHANUPRATAPSINH RATHODIndependent · joined Jan 2025 · reappointed Jan 2025 · 20 months as independent · 1 listed board · 1 as independent · 1 committee seat
- BOKADIA VIMALBHAI UKCHANDIndependent · joined Jan 2025 · reappointed Jan 2025 · 20 months as independent · 1 listed board · 1 as independent
- SEEMA VIJAY SANGHAVIExecutive · joined Apr 2026 · reappointed Apr 2026 · 1 listed board
- KASHYAP ASHWINBHAI SHAHIndependent · joined May 2026 · reappointed May 2026 · 4 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.
2 directors who left
- BINITA VERDIA, left 27 May 2026: Others
- BABULAL SOHANLAL CHAPLOT, left 5 Jan 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 10 Sep 20267 of 8 present5 independent · 14 days in between
- 26 Aug 20268 of 8 present6 independent · 5 days in between
- 20 Aug 20267 of 8 present5 independent · 26 days in between
- 24 Jul 20267 of 8 present5 independent · 42 days in between
3 earlier meetings
- 11 Jun 20268 of 8 present6 independent · 29 days in between
- 12 May 20268 of 8 present5 independent · 13 days in between
- 28 Apr 20266 of 7 present4 independent
Audit Committee
Chair SHAH RAJASH DINESHKUMAR
VIJAY RAMANLAL SANGHAVI, UMESHSINH BHANUPRATAPSINH RATHOD
- 20 Aug 20263 of 3 present2 independent · 26 days in between
- 24 Jul 20263 of 3 present2 independent · 72 days in between
- 12 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair UMESHSINH BHANUPRATAPSINH RATHOD
KARUNA VINOD ADVANI, SHAH RAJASH DINESHKUMAR
- 20 Aug 20263 of 3 present3 independent · 99 days in between
- 12 May 20263 of 3 present2 independent · 13 days in between
- 28 Apr 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair SHAH RAJASH DINESHKUMAR
VIJAY RAMANLAL SANGHAVI, KARUNA VINOD ADVANI
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair UMESHSINH BHANUPRATAPSINH RATHOD
KARUNA VINOD ADVANI, VIJAY RAMANLAL SANGHAVI
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.
- Pankaj R Shah & AssociatesPeer-review certificate valid to Oct 2027
1 earlier auditor
- M/S. PANKAJ R SHAH & 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.
Ratnaveer 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, 26 Sep 2026
62,494 shareholders on the register on 19 Sep 2026; present: 2 promoters and 50 others; votes counted by Niraj Trivedi / TNT & Associates.The company's voting result
To receive, consider and adopt the Audited standalone financial statement of the company for the financial year ended March 31st, 2026, together with and the report of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 42.83% · promoters 100.00% · institutions 40.00% · other public 4.29%
To receive, consider and adopt the Audited Consolidated Financial Statement of the company for the financial year ended March 31st, 2026, together with and the report of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 42.83% · promoters 100.00% · institutions 40.00% · other public 4.29%
- To appoint a director in place of Mr. Vijay Ramanlal Sanghavi (DIN: 00495922), who retires by rotation and being eligible, offers himself for reappointment.OrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.43% · other public 0.00%
Turnout: all 42.83% · promoters 100.00% · institutions 40.00% · other public 4.29%
- To re-appoint M/s. Pankaj R Shah & Associates as Statutory Auditors of the Company for a second term of 5 consecutive years.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 42.83% · promoters 100.00% · institutions 40.00% · other public 4.29%
- To ratify the remuneration payable to cost auditor of the Company for the financial year 2026-2027.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 42.83% · promoters 100.00% · institutions 40.00% · other public 4.29%
- To Increase Borrowing Limits from Rs.900 Crores to Rs.1500 Crores or the aggregate of the paid up capital and free reserves of the Company, whichever is higher.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 42.83% · promoters 100.00% · institutions 40.00% · other public 4.29%
- To create Mortgage, Charge and hypothecation on Movable and /or Immovable Properties of the Company both present and future in respect of borrowings.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 42.83% · promoters 100.00% · institutions 40.00% · other public 4.29%
- Appointment of Mrs. Seema Sanghavi (DIN: 11046663) As Whole time Director (Executive Director) of the CompanySpecialPromoters have an interest in it99.76% for0.24% against
Against: promoters 0.00% · institutions 5.97% · other public 0.04%
Turnout: all 42.83% · promoters 100.00% · institutions 40.00% · other public 4.29%
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, 8 Aug 2026, 1 resolution
56,715 shareholders on the register on 3 Jul 2026; votes counted by Niraj Trivedi / TNT & Associates.The company's voting result
- Approval for the appointment of Mr. Kashyap Ashwinbhai Shah (DIN: 02167256) as an independent director of the company for the first term of 5 consecutive years.Special99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.43%
Turnout: all 49.63% · promoters 100.00% · institutions 25.58% · other public 5.47%
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.
Extraordinary general meeting, 30 May 2026, 2 resolutions
55,507 shareholders on the register on 23 May 2026; present: 2 promoters and 58 others; votes counted by Niraj Trivedi / TNT & Associates.The company's voting result
- TO INCREASE THE AUTHORISED SHARE CAPITAL OF THE COMPANY AND CONSEQUENT ALTERATION OF CLAUSE V OF MEMORANDUM OF ASSOCIATIONOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 47.79% · promoters 100.00% · institutions 12.46% · other public 8.41%
- APPROVAL FOR THE APPOINTMENT OF MRS. SEEMA VIJAY SANGHAVI (DIN: 11046663) AS AN EXECUTIVE DIRECTOR OF THE COMPANY LIABLE TO RETIRE BY ROTATION.OrdinaryPromoters have an interest in it97.67% for2.33% against
Against: promoters 0.00% · institutions 15.53% · other public 0.08%
Turnout: all 5.06% · promoters 0.00% · institutions 12.46% · other public 8.41%
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.
Extraordinary general meeting, 10 Jan 2026, 1 resolution
55,879 shareholders on the register on 2 Jan 2026; present: 3 promoters and 37 others; votes counted by Niraj Trivedi / TNT & Associates.The company's voting result
- TO APPROVE THE ISSUANCE OF 72,32,704 WARRANTS TO PROMOTERS, PROMOTER GROUP ON PREFERENTIAL BASIS.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 47.25% · promoters 100.00% · institutions 2.32% · other public 9.38%
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, 25 Sep 2025, 6 resolutions
55,078 shareholders on the register on 18 Sep 2025; present: 1 promoter and 49 others; votes counted by Niraj Trivedi / TNT & Associates.The company's voting result
TO RECEIVE, CONSIDER AND ADOPT THE AUDITED STANDALONE FINANCIAL STATEMENT OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31ST, 2025 TOGETHER WITH AND THE REPORT OF THE BOARD OF DIRECTORS AND AUDITORS THEREON.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 56.23% · promoters 100.00% · institutions 0.00% · other public 11.44%
- TO APPOINT A DIRECTOR IN PLACE OF MS. BINITA VERDIA (DIN: 09724262), WHO RETIRES BY ROTATION AND BEING ELIGIBLE, OFFERS HERSELF FOR REAPPOINTMENTOrdinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.19%
Turnout: all 56.23% · promoters 100.00% · institutions 0.00% · other public 11.44%
- TO RATIFY THE REMUNERATION PAYABLE TO COST AUDITOR OF THE COMPANY FOR THE FINANCIAL YEAR ENDING 31ST MARCH 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 56.23% · promoters 100.00% · institutions 0.00% · other public 11.44%
- APPOINTMENT OF SECRETARIAL AUDITORS OF THE COMPANYOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 56.23% · promoters 100.00% · institutions 0.00% · other public 11.44%
- TO INCREASE BORROWING LIMITS FROM RS.500 CRORES TO RS.900 CRORES OR THE AGGREGATE OF THE PAID UP CAPITAL AND FREE RESERVES OF THE COMPANY, WHICHEVER IS HIGHERSpecial99.93% for0.07% against
Against: promoters 0.00% · institutions 0.00% · other public 0.69%
Turnout: all 56.23% · promoters 100.00% · institutions 0.00% · other public 11.44%
- TO CREATE MORTGAGE, CHARGE AND HYPOTHECATION ON MOVABLE AND /OR IMMOVABLE PROPERTIES OF THE COMPANY BOTH PRESENT AND FUTURE IN RESPECT OF BORROWINGS.Special99.93% for0.07% against
Against: promoters 0.00% · institutions 0.00% · other public 0.69%
Turnout: all 56.23% · promoters 100.00% · institutions 0.00% · other public 11.44%
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.
Extraordinary general meeting, 4 Jul 2025, 3 resolutions
54,963 shareholders on the register on 27 Jun 2025; present: 1 promoter and 39 others; votes counted by Niraj Trivedi / TNT & Associates.The company's voting result
- TO INCREASE THE AUTHORISED SHARE CAPITAL OF THE COMPANY AND CONSEQUENT ALTERATION OF CLAUSE V OF MEMORANDUM OF ASSOCIATIONOrdinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.31%
Turnout: all 56.27% · promoters 100.00% · institutions 0.01% · other public 11.58%
- APPROVAL FOR AMENDMENT IN CLAUSE 3 (B) OF THE MEMORANDUM OF ASSOCIATION OF THE COMPANYSpecial99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.31%
Turnout: all 56.27% · promoters 100.00% · institutions 0.01% · other public 11.58%
- TO APPROVE THE RAISING OF FUNDS IN ONE OR MORE TRANCHES THROUGH ISSUANCE OF EQUITY SHARES AND / OR OTHER SECURITIES TO ELIGIBLE INVESTORSSpecial99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.31%
Turnout: all 56.27% · promoters 100.00% · institutions 0.01% · other public 11.58%
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, 19 Apr 2025, 2 resolutions
55,243 shareholders on the register on 14 Mar 2025; votes counted by Niraj Trivedi / TNT & Associates.The company's voting result
- 1 - Approval for the appointment of Mr. Umeshsinh Bhanupratapsinh Rathod (DIN: 07378004) as an independent director of the company for the first term of 5 consecutive years.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 56.01% · promoters 100.00% · institutions 3.64% · other public 11.02%
- 2 - Approval for appointment of Mr. Vimalbhai Ukchand Bokadia (DIN: 02329466) as an independent director of the company for the first term of 5 consecutive years.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 56.01% · promoters 100.00% · institutions 3.64% · other public 11.02%
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.
Extraordinary general meeting, 10 Dec 2024, 3 resolutions
Present: 1 promoter and 40 others.
- To increase the Authorised Share Capital of the Company and consequent alteration of Clause V of Memorandum of AssociationnOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 56.23% · promoters 100.00% · institutions 3.94% · other public 11.66%
- To approve the issuance of 1,02,04,078 equity shares to Non-promoter on a preferential basisSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 56.23% · promoters 100.00% · institutions 3.94% · other public 11.66%
- To approve the issuance of 66,32,244 Warrants to Promoters, Promoter Group and Non-Promoter on a preferential basis.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 56.23% · promoters 100.00% · institutions 3.94% · other public 11.66%
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 8 Aug 2026, 1 fund house
- Approval for the appointment of Mr. Kashyap Ashwinbhai Shah (DIN: 02167256) as an independent director of the company for the first term of 5 consecutive years.1 for0 against
Mutual fund votes, meeting of 30 May 2026, 1 fund house
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- APPROVAL FOR THE APPOINTMENT OF MRS. SEEMA VIJAY SANGHAVI (DIN: 11046663) AS AN EXECUTIVE DIRECTOR OF THE COMPANY LIABLE TO RETIRE BY ROTATION.1 for0 against
1 proposal not matched to one resolution
- Item 1, as a fund house numbered it1 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
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
- 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 Jun 2026. 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 |
|---|---|---|---|---|---|
| QIPDec 2025, checked by Crisil Rating Limited | 185.50 | Funding Working Capital requirement of our Company | 150.00 | 76.26 | No |
| QIPDec 2025, checked by Crisil Rating Limited | 185.50 | General corporate purposes | 32.31 | 5.68 | No |
| QIPDec 2025, checked by Crisil Rating Limited | 185.50 | issue Expenses | 3.19 | 3.19 | No |
| Preferential IssuesMar 2026, checked by Crisil Rating Limited | 115.18 | Funding Working Capital requirement of our Company | 88.69 | 69.78 | No |
| Preferential IssuesMar 2026, checked by Crisil Rating Limited | 115.18 | General Corporate Purpose | 26.49 | 0.00 | No |