- 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.
- ₹1,221 Cr1,122nd 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 23 May 2026
- 1.2
- 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 30 Jul 2026
- −0.2%
- 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 30 Jul 2026
- −0.1%
- 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 23 May 2026
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 7,00964.5% delivered
Belding India board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Managing directorAbhishek Narbaria
- ChairpersonUmesh Kumar Sahay
- Company Secretary and Compliance OfficerMuskan Gurumukhdas Pinjani
6 directors3 independent1 executive2 non-executive
- Abhishek Narbaria · Managing directorExecutive · joined Jun 2025 · 4 listed boards · 2 committee seats
- Umesh Kumar Sahay · ChairpersonNon-executive · joined Jun 2025 · 4 listed boards · 2 committee seats, 1 as chair
- Nikhil Dilipbhai BhutaNon-executive · joined Jun 2025 · 3 listed boards · 7 committee seats
- Gayathri Srinivasan IyerIndependent · joined Jun 2025 · reappointed Jun 2025 · 12 months as independent · 4 listed boards · 4 as independent · 7 committee seats, 2 as chair
- Tarun Dinesh AgarwalIndependent · joined Jun 2025 · reappointed Jun 2025 · 12 months as independent · 1 listed board · 1 as independent · 3 committee seats, 3 as chair
- Rajesh Chandrakant VaishnavIndependent · joined May 2026 · reappointed May 2026 · 1 month as independent · 3 listed boards · 3 as independent · 5 committee seats, 2 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.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 22 May 20266 of 6 present3 independent · 98 days in between
- 12 Feb 20265 of 5 present2 independent · 25 days in between
- 17 Jan 20265 of 5 present2 independent
Audit Committee
Chair Tarun Dinesh Agarwal
Gayathri Srinivasan Iyer, Nikhil Dilipbhai Bhuta, Rajesh Chandrakant Vaishnav
- 22 May 20264 of 4 present3 independent · 50 days in between
- 1 Apr 20263 of 3 present2 independent · 47 days in between
- 12 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Tarun Dinesh Agarwal
Gayathri Srinivasan Iyer, Nikhil Dilipbhai Bhuta
- 22 May 20263 of 3 present2 independent · 98 days in between
- 12 Feb 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Tarun Dinesh Agarwal
Nikhil Dilipbhai Bhuta, Umesh Kumar Sahay
- 12 Feb 20263 of 3 present2 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.
- M/s. Mehra Goel & Co.Peer-review certificate valid to Sep 2027
1 earlier auditor
- S C Mehra & 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.
Belding India 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.Belding India share news and announcements
Annual general meeting, 30 Sep 2026
2,605 shareholders on the register on 23 Sep 2026; present: 3 promoters and 18 others; votes counted by Mr. Chirag Sachapara / M/s Sachapara and Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt (a) the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon; and (b) the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026 and the report of Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 56.42% · promoters 100.00% · institutions 0.00% · other public 1.66%
- To approve re-appointment of Mr. Nikhil Dilipbhai Bhuta (DIN: 02111646), as a 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 0.00%
Turnout: all 56.42% · promoters 100.00% · institutions 0.00% · other public 1.66%
- Appointment of Secretarial Auditor of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 56.42% · promoters 100.00% · institutions 0.00% · other public 1.66%
- Shifting of Registered Office of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 56.42% · promoters 100.00% · institutions 0.00% · other public 1.66%
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.
Postal ballot, 21 Aug 2026, 5 resolutions
1,614 shareholders on the register on 17 Jul 2026; votes counted by Mr. Chirag Sachapara / M/s Sachapara and Associates.The company's voting result (opens in a new tab)
- To fix remuneration of Mr. Abhishek Narbaria (DIN: 01873087), Managing Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.55% · promoters 100.00% · institutions 81.70% · other public 17.03%
- To fix remuneration of Mr. Umesh Kumar Sahay (DIN: 01733060), Chairperson and Non-Executive Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.55% · promoters 100.00% · institutions 81.70% · other public 17.03%
- To fix remuneration of Mr. Nikhil Dilipbhai Bhuta (DIN: 02111646), Non-Executive Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.55% · promoters 100.00% · institutions 81.70% · other public 17.03%
- To approve appointment of Mr. Rajesh Chandrakant Vaishnav (DIN: 00119614) as an Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.55% · promoters 100.00% · institutions 81.70% · other public 17.03%
- To approve Material Related Party Transactions.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 11.77% · promoters 0.00% · institutions 81.70% · other public 17.03%
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.
Stakes in unlisted companies
Reported in the filing for the quarter to Jun 2026.
- Unlisted stake boughtBelding HD India Private LimitedSince 22 Jun 2026
55.00% bought in the quarter; holding 55.00%, from 0.00%
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.
How money raised was used
Reported for the quarter to Dec 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesDec 2025, checked by CARE Ratings Limited | 10.47 | To acquire 2,13,641 (Two Lakh Thirteen Thousand Six Hundred Forty One) equity shares, representing 100% of the issued and paid-up capital of DC&T on fully-diluted basis. | 10.47 | 10.47 | No |