Asit C Mehta Financial Services MD, chairman, board of directors and AGM
BSE: 530723Capital MarketsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹108.00.
- 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.
- ₹87 Cr2,915th 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 7 Aug 2026
- 16.7
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by 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). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹6.59 crore of one-off items, the largest of them in the quarter to Jun 2026.
- 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 26 May 2026
- 3.8
- 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 7 Aug 2026
- 21.3%
- 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 ₹6.59 crore of one-off items, the largest of them in the quarter to Jun 2026.
- −5.8%
- 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 7 Aug 2026
- 3.2%
- 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. The filing of 26 May 2026
- 4.28
- Volume, BSEVolume. Shares traded on the last trading day.
- 1,952
Asit C Mehta Financial Services 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
- Company Secretary and Compliance OfficerAnkit Kumar Jain
6 directors4 independent2 non-executive
- Deena Asit MehtaNon-executive · joined Mar 1991 · 3 listed boards · 3 as independent · 4 committee seats, 2 as chair
- Madhu LunawatNon-executive · joined Dec 2022 · 1 listed board
- Krishan Kumar JalanIndependent · joined Jun 2024 · 27 months as independent · 6 listed boards · 6 as independent · 9 committee seats, 5 as chair
- Suresh Kumar JainIndependent · joined May 2024 · 28 months as independent · 3 listed boards · 3 as independent · 10 committee seats, 4 as chair
- Ambareesh Bhaskar BaligaIndependent · joined Dec 2022 · 45 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Yagnesh Pramod PraikhIndependent · joined Nov 2023 · 34 months as independent · 1 listed board · 1 as independent · 1 committee seat
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
- Asit Chimanlal Mehta, left 29 Oct 2024: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 7 Aug 20265 of 6 present4 independent · 72 days in between
- 26 May 20265 of 6 present4 independent
Audit Committee
Chair Krishan Kumar Jalan
Suresh Kumar Jain, Ambareesh Bhaskar Baliga
- 7 Aug 20263 of 3 present3 independent · 72 days in between
- 26 May 20263 of 3 present3 independent
Nomination and remuneration committee
Chair Ambareesh Bhaskar Baliga
Madhu Lunawat, Krishan Kumar Jalan
- 7 Aug 20262 of 3 present2 independent
- 26 May 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Suresh Kumar Jain
Deena Asit Mehta, Yagnesh Pramod Praikh
No meeting listed in the filing.
Rights Issue Committee
Chair Ambareesh Bhaskar Baliga
Suresh Kumar Jain, Yagnesh Pramod Praikh
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 Jun 2026.
- Manek and AssociatesPeer-review certificate valid to Jan 2029
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.
Asit C Mehta Financial Services 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.Asit C Mehta Financial Services dividend history
Annual general meeting, 24 Sep 2026
2,037 shareholders on the register on 17 Sep 2026; present: 4 promoters and 42 others; votes counted by Mr. Hemanshu Kapdia / M/s. Hemanshu Kapadia & Associates.The company's voting result (opens in a new tab)
Consideration and adoption: a) Audited Standalone Financial Statement of the Company for the financial year ended March 31, 2026 together with the Report of the Board of Directors and the Auditors thereon; and b) Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, together with the Report of the Auditors thereon.MoreLess
Ordinary99.85% for0.15% againstAgainst: promoters 0.00% · institutions 0.00% · other public 6.18%
Turnout: all 57.92% · promoters 75.37% · institutions 0.00% · other public 5.62%
- Appointment of a Director in place of Ms. Madhu Lunawat (DIN: 06670573), who retires by rotation, offer herself for re-appointment, by way of an Ordinary Resolution.OrdinaryPromoters have an interest in it99.85% for0.15% against
Against: promoters 0.00% · institutions 0.00% · other public 6.18%
Turnout: all 57.92% · promoters 75.37% · institutions 0.00% · other public 5.62%
- Approval of Material Related Party Transactions between the Company and its Holding Company and in this regard, pass the resolution as an Ordinary Resolution.OrdinaryPromoters have an interest in it99.85% for0.15% against
Against: promoters 0.00% · institutions 0.00% · other public 6.18%
Turnout: all 57.92% · promoters 75.37% · institutions 0.00% · other public 5.62%
Approval of Material Related Party Transactions Inter-se between Pantomath Finance Private Limited ("PFPL") and the Material Subsidiary of the Company and in this regard, pass the Resolution as an Ordinary Resolution.MoreLess
OrdinaryPromoters have an interest in it99.85% for0.15% againstAgainst: promoters 0.00% · institutions 0.00% · other public 6.18%
Turnout: all 57.92% · promoters 75.37% · institutions 0.00% · other public 5.62%
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
- No
- 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.