Sanathan Textiles MD, chairman and AGM
NSE: SANATHANBSE: 544314Textiles & ApparelsSmall Cap
Share price at the NSE close on 30 Oct 2026. Previous close ₹503.85.
30 Oct: open ₹510.00, high ₹510.00, low ₹492.55
- Next results date: the board meets on 4 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
- ₹4,189 Cr914th 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
- 68.96
- 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
- 2.24
- 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.
- 3.3%
- 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.
- 6.2%
- 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.
- 0.79
- 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
- 37,71455.4% delivered
Sanathan Textiles' chairperson and managing director is Paresh Vrajlal Dattani and its managing director Ajay Vallabhdas Dattani, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 11 Sep 2026.
Sanathan Textiles 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 directorParesh Vrajlal Dattani
- Managing directorAjay Vallabhdas Dattani
- Company Secretary and Compliance OfficerJude Patrick Dsouza
8 directors4 independent4 executive
- Paresh Vrajlal Dattani · Chairperson and managing directorExecutive · joined Oct 2005 · 1 listed board
- Ajay Vallabhdas Dattani · Managing directorExecutive · joined Oct 2005 · 1 listed board · 1 committee seat
- Anilkumar Vrajdas DattaniExecutive · joined Oct 2005 · 1 listed board
- Sammir Dinesh DattaniExecutive · joined May 2025 · 1 listed board
- Debabrata SarkarIndependent · joined Nov 2021 · reappointed Nov 2021 · 58 months as independent · 5 listed boards · 5 as independent · 4 committee seats, 1 as chair
- Khurshed ThanawallaIndependent · joined Nov 2021 · reappointed Nov 2021 · 58 months as independent · 2 listed boards · 2 as independent · 1 committee seat, 2 as chair
- Vinay Mulkhraj AggarwalIndependent · joined Nov 2021 · reappointed Nov 2021 · 58 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Rupal VoraIndependent · joined Mar 2023 · reappointed Apr 2026 · 42 months as independent · 6 listed boards · 6 as independent · 5 committee seats, 3 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.
1 director who left
- Dinesh Vrajdas Dattani, left 26 May 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 19 Sep 20268 of 8 present4 independent · 46 days in between
- 3 Aug 20268 of 8 present4 independent · 79 days in between
- 15 May 20268 of 8 present4 independent
Audit Committee
Chair Debabrata Sarkar
Khurshed Thanawalla, Vinay Mulkhraj Aggarwal
- 19 Sep 20263 of 3 present3 independent · 46 days in between
- 3 Aug 20263 of 3 present3 independent · 79 days in between
- 15 May 20263 of 3 present3 independent
Nomination and remuneration committee
Chair Debabrata Sarkar
Khurshed Thanawalla, Rupal Vora
- 3 Aug 20263 of 3 present3 independent · 79 days in between
- 15 May 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair Vinay Mulkhraj Aggarwal
Rupal Vora, Ajay Vallabhdas Dattani
No meeting listed in the filing.
Risk Management Committee
Chair Vinay Mulkhraj Aggarwal
Paresh Vrajlal Dattani, Ajay Vallabhdas Dattani
- 3 Aug 20263 of 3 present1 independent · 79 days in between
- 15 May 20263 of 3 present1 independent
Corporate Social Responsibility Committee
Chair Khurshed Thanawalla
Rupal Vora, Anilkumar Vrajdas Dattani
- 15 May 20263 of 3 present3 independent
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.
- Walker Chandiok & Co LLPPeer-review certificate valid to May 2028
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.
Sanathan Textiles 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, 11 Sep 2026
24,865 shareholders on the register on 4 Sep 2026; present: 18 promoters and 25 others; votes counted by DEVENDRA VASANT DESHPANDE / DVD & Associates.The company's voting result
- To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026, together with Report of Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 3.61%
Turnout: all 65.39% · promoters 66.15% · institutions 91.91% · other public 0.03%
- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Report of the Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 3.61%
Turnout: all 65.39% · promoters 66.15% · institutions 91.91% · other public 0.03%
- To appoint Mr. Sammir Dattani (DIN:07060573) as an Executive 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 0.49%
Turnout: all 65.39% · promoters 66.15% · institutions 91.91% · other public 0.02%
- To consider re-appointment of M/s. Walker Chandiok & Co. LLP, Chartered Accountants (Firm Registration No. 001076N/N500013) as theStatutory Auditors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.49%
Turnout: all 65.39% · promoters 66.15% · institutions 91.91% · other public 0.02%
- To ratify the remuneration payable to M/s Saroj K Babu & Co as Cost AuditorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.49%
Turnout: all 65.39% · promoters 66.15% · institutions 91.91% · other public 0.02%
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.
Postal ballot, 6 Jun 2026, 2 resolutions
26,028 shareholders on the register on 30 Apr 2026; votes counted by DEVENDRA VASANT DESHPANDE / DVD & Associates.The company's voting result
- Re-appointment of Mrs. Rupal Anand Vora (DIN: 07096253), as an Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 4.36%
Turnout: all 76.51% · promoters 81.06% · institutions 91.56% · other public 0.04%
- To extend the benefits of Employee Stock Option – ESOP 2021 (“ESOP 2021”/ “Scheme”) to employees of Subsidiary Company(ies)Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 6.21%
Turnout: all 76.51% · promoters 81.06% · institutions 91.56% · other public 0.04%
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, 4 Aug 2025, 6 resolutions
29,998 shareholders on the register on 28 Jul 2025; present: 14 promoters and 31 others; votes counted by DEVENDRA VASANT DESHPANDE / DVD & Associates.The company's voting result
- To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2025, together with Report of Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 84.03% · promoters 90.85% · institutions 85.67% · other public 2.68%
- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2025, together with the Report of the Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 84.03% · promoters 90.85% · institutions 85.67% · other public 2.68%
- To appoint an Executive Director in place of Mr. Anilkumar Dattani (DIN: 00164175), who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 84.03% · promoters 90.85% · institutions 85.67% · other public 2.68%
- To approve the appointment of Mr. Sammir Dattani (DIN: 07060573) as an Executive Director.SpecialPromoters have an interest in it92.41% for7.59% against
Against: promoters 0.00% · institutions 50.95% · other public 0.06%
Turnout: all 83.60% · promoters 90.31% · institutions 85.67% · other public 2.68%
- To ratify the remuneration of Cost AuditorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 84.03% · promoters 90.85% · institutions 85.67% · other public 2.68%
- To approve the appointment of Secretarial Auditor and fix their remunerationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 84.03% · promoters 90.85% · institutions 85.67% · other public 2.68%
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.
Postal ballot, 7 Apr 2025, 1 resolution
47,918 shareholders on the register on 6 Mar 2025; votes counted by DEVENDRA VASANT DESHPANDE / DVD & Associates.The company's voting result
- To ratify Sanathan Textiles Limited – Employee Stock Option Plan – 2021 (“ESOP 2021”/ “Scheme”)Special96.60% for3.40% against
Against: promoters 0.00% · institutions 25.24% · other public 0.45%
Turnout: all 91.00% · promoters 100.00% · institutions 85.82% · other public 2.27%
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.Funds that hold it
Mutual fund votes, meeting of 11 Sep 2026, 6 fund houses
- To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026, together with Report of Board of Directors and Auditors thereon.6 for0 against
- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Report of the Auditors thereon.6 for0 against
- To appoint Mr. Sammir Dattani (DIN:07060573) as an Executive Director, who retires by rotation and being eligible, offers himself for re- appointment.6 for0 against
- To consider re-appointment of M/s. Walker Chandiok & Co. LLP, Chartered Accountants (Firm Registration No. 001076N/N500013) as theStatutory Auditors of the Company6 for0 against
- To ratify the remuneration payable to M/s Saroj K Babu & Co as Cost Auditor6 for0 against
Mutual fund votes, meeting of 6 Jun 2026, 5 fund houses
- Re-appointment of Mrs. Rupal Anand Vora (DIN: 07096253), as an Independent Director of the Company.5 for0 against
- To extend the benefits of Employee Stock Option – ESOP 2021 (“ESOP 2021”/ “Scheme”) to employees of Subsidiary Company(ies)5 for0 against
Mutual fund votes, meeting of 4 Aug 2025, 9 fund houses
6 proposals
- To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2025, together with Report of Board of Directors and Auditors thereon9 for0 against
- To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2025, together with the Report of the Auditors thereon.9 for0 against
- To appoint an Executive Director in place of Mr. Anilkumar Dattani (DIN: 00164175), who retires by rotation and being eligible, offers himself for re-appointment.9 for0 against
- To approve the appointment of Mr. Sammir Dattani (DIN: 07060573) as an Executive Director.
Against Bandhan Mutual Fund, Bank of India Mutual Fund, Edelweiss Mutual Fund, LIC Mutual Fund, Nippon India Mutual Fund
- Bandhan Mutual Fund, Edelweiss Mutual FundCompliant with law. No concern on the merits of proposed appointee. Governance Concern: No absolute cap on the variable pay or total remuneration, which leaves room for transfer of excessive benefits in case of increased profitability. Exact same remuneration has been paid to all EDs in the past and same remuneration is proposed to Mr. Sammir Dattani. This indicates that the Company’s remuneration practice is some sort of a family arrangement; and not based on performance of director.
- Bank of India Mutual FundSammir Dattani, 43, is a part of the promoter family. He was an Executive Director on the board till June 2024. He handles raw material procurement for Polyester Filament Yarn and Fully Drawn Yarn segments. In FY25, he received Rs. 24.0 mn as remuneration as an employee of the company. As Executive Director, the remuneration can be upto Rs. 40.0 mn plus profit linked commission of upo 1.25% of net profits. However, there is no guidance provided regarding the absolute level of commission payout. Therefore, we are unable to estimate the aggregate annual remuneration. The company should cap the overall remuneration (including commission) in absolute terms and disclose the performance parameters that govern his variable pay. Further, we raise concerns over the excessive number of promoter family members on the board: there are four promoter executives on the board and four family members in office of profit positions, which is high for the size of business. In FY25, aggregate promoter executive remuneration (including office of profit positions) was Rs. 181.0 mn, which was high at 8.4% of FY25 PBT. Given the ambiguity about the aggregate remuneration, excessive promoter executives on the board and high promoter remuneration, we do not support the resolution.
- LIC Mutual FundGovernance Concern: No absolute cap on the variable pay or total remuneration, which leaves room for transfer of excessive benefits in case of increased profitability. Exact same remuneration has been paid to all EDs in the past and same remuneration is proposed to Mr. Sammir Dattani. This indicates that the Company s remuneration practice is some sort of a family arrangement; and not based on performance of director.
- Nippon India Mutual FundGovernance Concern: No absolute cap on the variable pay or total remuneration, which leaves room for transfer of excessive benefits in case of increased profitability.
4 for5 against - To ratify the remuneration of Cost Auditor9 for0 against
- To approve the appointment of Secretarial Auditor and fix their remuneration9 for0 against
Mutual fund votes, meeting of 7 Apr 2025, 9 fund houses
1 proposal
- To ratify Sanathan Textiles Limited – Employee Stock Option Plan – 2021 (“ESOP 2021”/ “Scheme”)
Against Edelweiss Mutual Fund, HDFC Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
- Edelweiss Mutual Fund, Motilal Oswal Mutual FundNon-Compliant with SEBI (SBEB & SE) Regulations 2021: Inadequate disclosures regarding the Exercise Price/Pricing Formula & Exercise Period. Governance & Transparency Concern: The Potential maximum benefit to a single employee is excessive.
- HDFC Mutual FundExercise price of the ESOP is at a significant discount to current market price. In the case of deeply discounted options, there is no alignment between the interests of investors and those of employees. We do not support the resolution.
- Nippon India Mutual FundGovernance Concern: Inadequate disclosure
5 for4 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 disputeUOI, DRI, Commissioner of Customs, Nhava Sheva, DGFT, Commissioner of GST, Daman Commissionerate, CBICSince 1 Jul 2020Status quo remains
- Tax disputeUOI, Commissioner of Customs, Nhava Sheva in SC against BHC OrderSince 18 Apr 2023Status quo remains
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
- Yes
- 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.