Akar Auto Industries MD, chairman, board of directors and AGM
BSE: 530621Auto ComponentsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹80.17.
- 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.
- ₹82 Cr2,899th 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.
- 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. The filing of 29 May 2026
- 1.6
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.39%
- 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. The filing of 12 Aug 2026
- −0.8%
- 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 −₹1.14 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 1.4%
- 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. The filing of 12 Aug 2026
- 10.9%
- 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. The filing of 29 May 2026
- 1.82
- Volume, BSEVolume. Shares traded on the last trading day.
- 3,331
Akar Auto Industries board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.
- ChairpersonNarendrakumar Gupta
- Managing directorSunil Todi
7 directors4 independent2 executive1 non-executive
- Narendrakumar Gupta · ChairpersonNon-executive · joined Jun 1989 · 1 listed board · 2 committee seats, 2 as chair
- Sunil Todi · Managing directorExecutive · joined Sep 2001 · reappointed Sep 2025 · 1 listed board · 2 committee seats
- Pradeep NijampurkarExecutive · joined Jul 2007 · reappointed Apr 2025 · 1 listed board · 1 committee seat
- Bhimsen GalgaliIndependent · joined Mar 2018 · reappointed May 2023 · 103 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Anil Kumar GuptaIndependent · joined Aug 2019 · reappointed Aug 2024 · 85 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 1 as chair
- Ulhas GaoliIndependent · joined Aug 2019 · reappointed Aug 2024 · 85 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 1 as chair
- Shobha PrasadIndependent · joined Jan 2026 · 8 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.
1 director who left
- Bhavna Saboo, left 30 Sep 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 12 Aug 20267 of 7 present4 independent · 74 days in between
- 29 May 20267 of 7 present4 independent
Audit Committee
Chair Bhimsen Galgali
Sunil Todi, Anil Kumar Gupta
- 12 Aug 20263 of 3 present2 independent · 74 days in between
- 29 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Bhimsen Galgali
Narendrakumar Gupta, Anil Kumar Gupta, Shobha Prasad
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair Narendrakumar Gupta
Sunil Todi, Anil Kumar Gupta, Pradeep Nijampurkar
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Narendrakumar Gupta
Sunil Todi, Anil Kumar Gupta
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.
- Singh Mundada & AssociatesPeer-review certificate valid to Feb 2028
1 earlier auditor
- GSA & Associates LLPNamed 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.
Akar Auto 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.Akar Auto Industries dividend history
Annual general meeting, 29 Sep 2026
4,260 shareholders on the register on 22 Sep 2026; present: 6 promoters and 19 others; votes counted by Nitin Sohanlal Sharma / Nitin Sharma & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Balance Sheet and the Statement of Profit and Loss along with Cash Flow Statement and Notes to Accounts for the year ended 31st March 2026 together with Board's Report and Auditor's Report thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 33.05% · promoters 45.09% · institutions 0.00% · other public 0.41%
- To declare dividend for the Financial Year ended 31st March, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 33.05% · promoters 45.09% · institutions 0.00% · other public 0.41%
- To appoint a director in place of Mr Narendrakumar Gupta (holding DIN 00062268), 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 0.00%
Turnout: all 0.11% · promoters 0.00% · institutions 0.00% · other public 0.41%
To re-appoint M/s. Singh Mundada & Associates, Chartered Accountants (Firm Registration No. 122059W) as Statutory Auditors of the Company for Second term of Five (5) years and to fix their remunerationMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 33.05% · promoters 45.09% · institutions 0.00% · other public 0.41%
- Ratification of remuneration to Cost Auditor for the financial year 2026-27.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 33.05% · promoters 45.09% · institutions 0.00% · other public 0.41%
- Approval for Material Related Party Transactions with R L Steels & Energy Limited.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 0.11% · promoters 0.00% · institutions 0.00% · other public 0.41%
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.
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.