Airo Lam MD, chairman, board of directors and AGM
NSE: AIROLAMConsumer DurablesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹86.80.
- 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.
- ₹125 Cr2,700th 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
- 23.4
- 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 27 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.
- 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. The filing of 14 Aug 2026
- 7.1%
- 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
- 8.9%
- 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 27 May 2026
- 1.06
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 2,44494.1% delivered
Airo Lam 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 directorPravinkumar Nathalal Patel
6 directors3 independent2 executive1 non-executive
- Pravinkumar Nathalal Patel · Chairperson and managing directorExecutive · joined Feb 2019 · reappointed Sep 2020 · 1 month as independent · 0 listed boards
- Sureshbhai Hansarajbhai PatelExecutive · joined Jun 2008 · reappointed Sep 2020 · 1 month as independent · 0 listed boards
- Hardikkumar Prafulbhai PatelNon-executive · joined Nov 2018 · 1 month as independent · 0 listed boards
- Mamtabahen Premanshu PatelIndependent · joined Jan 2017 · reappointed Dec 2021 · 1 month as independent · 1 listed board · 2 committee seats
- Manilal Kanjibhai PatelIndependent · joined Jan 2017 · reappointed Dec 2021 · 1 month as independent · 1 listed board · 2 as independent
- Mehulkumar Jayantilal PatelIndependent · joined Feb 2019 · reappointed Feb 2019 · 1 month as independent · 1 listed board · 2 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
- 18 Aug 20266 of 6 present3 independent · 27 days in between
- 21 Jul 20266 of 6 present3 independent · 20 days in between
- 30 Jun 20266 of 6 present3 independent · 33 days in between
- 27 May 20266 of 6 present3 independent
Audit Committee
Chair Mamtabahen Premanshu Patel
Manilal Kanjibhai Patel, Mehulkumar Jayantilal Patel
- 18 Aug 20263 of 3 present3 independent · 82 days in between
- 27 May 20263 of 3 present3 independent
Nomination and remuneration committee
Chair Mamtabahen Premanshu Patel
Manilal Kanjibhai Patel, Mehulkumar Jayantilal Patel
- 18 Aug 20263 of 3 present3 independent · 82 days in between
- 27 May 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair Mamtabahen Premanshu Patel
Manilal Kanjibhai Patel, Mehulkumar Jayantilal Patel
- 18 Aug 20263 of 3 present3 independent · 82 days in between
- 27 May 20263 of 3 present3 independent
Corporate Social Responsibility Committee
Chair Mamtabahen Premanshu Patel
Manilal Kanjibhai Patel, Mehulkumar Jayantilal Patel
- 18 Aug 20263 of 3 present3 independent · 82 days in between
- 27 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 Jun 2026.
- Ashish Sheth & AssociatesPeer-review certificate valid to Mar 2029
1 earlier auditor
- Piyush J shah & CoNamed in filings from Mar 2025 to Mar 2026
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.
Airo Lam 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.Airo Lam share news and announcements
Annual general meeting, 28 Sep 2026
4,116 shareholders on the register on 28 Sep 2026; present: 8 promoters and 7 others; votes counted by Kalrav Patel / Kalrav Patel & Associates.The company's voting result (opens in a new tab)
- To Adoption of Audited Standalone & Consolidated Financial Statements for the year ended 31.03.2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.00% · promoters 86.15% · institutions 0.00% · other public 36.46%
- Appointment of Mr. Sureshbhai Hansarajbhai Patel (DIN: 02223842) who is liable to retires by rotation.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.00% · promoters 86.15% · institutions 0.00% · other public 36.46%
- Regularization of Appointment of Statutory Auditor to fill casual vacancyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.00% · promoters 86.15% · institutions 0.00% · other public 36.46%
- Appointment of Statutory Auditors and authorize the Board to fix remuneration.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 63.00% · promoters 86.15% · institutions 0.00% · other public 36.46%
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, 3 resolutions
4,713 shareholders on the register on 25 Sep 2025; present: 8 promoters and 7 others; votes counted by Harshil Shah / Ashish Sheth & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone & Consolidated Financial Statement of the Company for the Financial Year ended 31st March, 2025 along with the reports of Directors and auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.60% · promoters 75.66% · institutions 0.00% · other public 41.39%
- To appoint a Director in place of Mr. Hardikkumar Prafulbhai Patel (DIN: 08282838), who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.60% · promoters 75.66% · institutions 0.00% · other public 41.39%
- To appoint Secretarial Auditor of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 59.60% · promoters 75.66% · institutions 0.00% · other public 41.39%
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, 3 Sep 2024, 2 resolutions
Present: 8 promoters and 7 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone & Consolidated Financial Statement of the Company for the Financial Year ended 31st March, 2024 along with the reports of Directors and auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 60.08% · promoters 80.72% · institutions 0.00% · other public 36.78%
- To appoint a Director in place of Mr. Sureshbhai Hansarajbhai Patel (DIN: 02223842), who retires by rotation at this Annual General Meeting 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 60.08% · promoters 80.72% · institutions 0.00% · other public 36.78%
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, 29 Sep 2023, 2 resolutions
Present: 9 promoters and 7 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone & Consolidated Financial Statement of the Company for the Financial Year ended 31st March, 2023 along with the reports of Directors and auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 45.38% · promoters 48.28% · institutions 0.00% · other public 42.15%
- To appoint a Director in place of Mr. Hardikkumar Prafulbhai Patel (DIN: 08282838), who retires by rotation at this Annual General Meeting 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 45.38% · promoters 48.28% · institutions 0.00% · other public 42.15%
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, 27 Sep 2022, 2 resolutions
Present: 9 promoters and 7 others.The company's voting result (opens in a new tab)
Description of Resolution consideredtTo receive, consider and adopt the Audited Standalone & Consolidated Financial Statement of the Company for the Financial Year ended 31st March, 2022 along with the reports of Directors and auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 45.04% · promoters 58.13% · institutions 0.00% · other public 30.66%
Description of Resolution consideredtTo appoint a Director in place of Mr. Sureshbhai Hansarajbhai Patel (DIN: 02223842), who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment.MoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 45.04% · promoters 58.13% · institutions 0.00% · other public 30.66%
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.
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.