Adtech Systems MD, chairman, board of directors and AGM
BSE: 544185Industrial ManufacturingSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹38.50.
- 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.
- ₹46 Cr3,151st 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. The filing of 14 Aug 2026
- 20.6
- 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 1 Jun 2026
- 0.9
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 2.84%
- 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 14 Aug 2026
- 4.2%
- 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 14 Aug 2026
- 3.8%
- 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 1 Jun 2026
- 0.00
- Volume, BSEVolume. Shares traded on the last trading day.
- 2,758
Adtech Systems 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
- ChairpersonM R NARAYANANRelated to the promoter
- Managing directorM R SUBRAMONIAN
- Company Secretary and Compliance OfficerS BALAMURALI
7 directors4 independent2 executive1 non-executive
- M R NARAYANAN · ChairpersonNon-executive · joined Feb 1990 · reappointed Sep 2025 · 12 months as independent · 1 listed board · 1 committee seat, 1 as chair
- M R SUBRAMONIAN · Managing directorExecutive · joined Feb 1990 · reappointed Sep 2021 · 60 months as independent · 1 listed board · 2 committee seats
- M R KRISHNANExecutive · joined Feb 1990 · reappointed Sep 2021 · 60 months as independent · 1 listed board
- DR. AYYAPPAN.MIndependent · joined Mar 2021 · reappointed Mar 2026 · 60 months as independent · 1 listed board · 1 as independent
- SURESH THIRUVANANTHAPURAM VISWANATHANIndependent · joined Mar 2021 · reappointed Mar 2026 · 60 months as independent · 1 listed board · 1 as independent
- HARIKRISHNAN RAJABHUSHANAN NAIRIndependent · joined Mar 2021 · reappointed Mar 2026 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- SUMA SANKARANIndependent · joined Sep 2024 · 60 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.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 14 Aug 20267 of 7 present4 independent · 77 days in between
- 28 May 20267 of 7 present4 independent
Audit Committee
Chair HARIKRISHNAN RAJABHUSHANAN NAIR
DR.AYYAPPAN.M, M.R.SUBRAMONIAN
- 14 Aug 20263 of 3 present2 independent · 77 days in between
- 28 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair SURESH THIRUVANANTHAPURAM VISWANATHAN
HARIKRISHNAN RAJABHUSHANAN NAIR, M R NARAYANAN
- 14 Aug 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair M R NARAYANAN
HARIKRISHNAN RAJABHUSHANAN NAIR, M R SUBRAMONIAN
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair HARIKRISHNAN RAJABHUSHANAN NAIR
M R SUBRAMONIAN, SUMA SANKARAN
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.
- Mahesh V & CoPeer-review certificate valid to Dec 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.
Adtech Systems 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.Adtech Systems dividend history
Annual general meeting, 30 Sep 2026
3,181 shareholders on the register on 24 Sep 2026; present: 3 promoters and 23 others; votes counted by P SAJEE NAIR / SAJEE & ASSOCIATES.The company's voting result (opens in a new tab)
- ADOPTION OF AUDITED FINANCIAL STATEMENTSOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 48.71% · promoters 66.71% · institutions 0.00% · other public 10.95%
- DECLARATION OF DIVIDENDOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 48.71% · promoters 66.71% · institutions 0.00% · other public 10.95%
- RE-APPOINTMENT OF SHRI M.R.NARAYANAN (DIN 00044926) AS NON-EXECUTIVE DIRECTORSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 3.12% · promoters 0.00% · institutions 0.00% · other public 9.97%
- RE-APPOINTMENT OF SHRI.M.R.SUBRAMONIAN ( DIN 00359515) as MANAGING DIRECTOR FOR A PERIOD OF THREE YEARS FROM 01 st SEPTEMBER 2026 till 31 st AUGUST 2029SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 3.12% · promoters 0.00% · institutions 0.00% · other public 9.97%
- RE-APPOINTMENT OF SHRI.M.R.SUBRAMONIAN ( DIN 00359515) as MANAGING DIRECTOR FOR A PERIOD OF THREE YEARS FROM 01 st SEPTEMBER 2026 till 31 st AUGUST 2029SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 3.12% · promoters 0.00% · institutions 0.00% · other public 9.97%
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 Sep 2026.
- Tax disputeGovernment of Kerala CST Act FY 2012-13Since 25 Nov 2014Awaiting settlement order from Kerala Taxes DeptAt the filing before: Applied for Amnesty Scheme Sep 2024
- Tax disputeGovernment of Kerala CST Act FY 2013-14Since 21 Oct 2015Awaiting settlement order from Kerala Taxes DeptAt the filing before: Applied for Amnesty Scheme Sep 2024
- Tax disputeGovernment of Kerala CST Act FY 2015-16Since 29 May 2017Awaiting settlement order from Kerala Taxes DeptAt the filing before: Applied for Amnesty Scheme Sep 2024
- Tax disputeGovernment of Kerala CST Act FY 2016-17Since 30 Jun 2018Awaiting settlement order from Kerala Taxes DeptAt the filing before: Applied for Amnesty Scheme Sep 2024
- Tax disputeGovernment of Kerala KVAT Act FY 2012-13Since 28 Oct 2014Department Appeal pending before Hon'ble High Court of KeralaAt the filing before: Department Appeal pending before Hon'ble High Court of Keral
- Tax disputeGovernment of Kerala KVAT Act FY 2013-14Since 31 Dec 2015Appeal by Company pending before DC Appeals, Govt of Kerala
- Tax disputeGovernment of Kerala KVAT Act FY 2015-16Since 24 Mar 2021Appeal by Company pending before DC Appeals, Govt of Kerala
- Tax disputeGovernment of Kerala KVAT Act FY 2016-17Since 31 Mar 2021Appeal by Company pending before DC Appeals, Govt of Kerala
1 more
- Tax disputeGovernment of Kerala KVAT Act 2012-2015Since 23 Dec 2016Writ Appeal pending before Hon'ble High Court of Kerala
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
- 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.