Bharat Agri Fert and Realty MD, chairman, board of directors and AGM
BSE: 531862Fertilizers & AgrochemicalsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹20.38.
- 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.
- ₹110 Cr2,654th 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 30 May 2026
- 2.5
- 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 11 Aug 2026
- −14.1%
- 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 11 Aug 2026
- −0.8%
- 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 30 May 2026
- 1.85
- Volume, BSEVolume. Shares traded on the last trading day.
- 12,294
Bharat Agri Fert and Realty board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.
- Chairperson and managing directorVIJAL YOGENDRA PATEL
- Company Secretary and Compliance OfficerAkshay Kumar
8 directors5 independent3 executive
- ANJNI YOGENDRA PATELExecutive · joined Aug 1985 · reappointed Jun 2025 · 1 listed board
- CHANDNI YOGENDRA PATELExecutive · joined Nov 2007 · reappointed Jun 2025 · 1 listed board
- VIJAL YOGENDRA PATEL · Chairperson and managing directorExecutive · joined May 2014 · reappointed Apr 2026 · 1 listed board · 2 committee seats
- CHUNILAL BHANJI GHERWADAIndependent · joined May 2018 · reappointed May 2023 · 97 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- KALPESH CHANDRAKANT SHAHIndependent · joined Mar 2022 · 51 months as independent · 1 listed board · 1 as independent · 2 committee seats
- HEMANT NANDKISHOR BATAVIYAIndependent · joined Mar 2022 · 51 months as independent · 1 listed board · 1 as independent · 1 committee seat
- BIPIN SHANTILAL MAVADIYAIndependent · joined Aug 2023 · 34 months as independent · 1 listed board · 1 as independent
- VIREN PRANJIVAN BHUNDIAIndependent · joined Aug 2023 · 34 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
- YOGENDRA DAHYABHAI PATEL, left 11 Feb 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 30 May 20267 of 8 present5 independent · 57 days in between
- 2 Apr 20267 of 8 present4 independent · 16 days in between
- 16 Mar 20267 of 8 present4 independent · 15 days in between
- 28 Feb 20267 of 8 present4 independent · 14 days in between
1 earlier meeting
- 13 Feb 20265 of 8 present5 independent
Audit Committee
Chair CHUNILAL BHANJI GHERWADA
KALPESH CHANDRAKANT SHAH, HEMANT NANDKISHOR BATAVIYA, VIJAL YOGENDRA PATEL
- 30 May 20263 of 4 present3 independent · 105 days in between
- 13 Feb 20263 of 4 present3 independent
Nomination and remuneration committee
Chair CHUNILAL BHANJI GHERWADA
HEMANT NANDKISHOR BATAVIYA, KALPESH CHANDRAKANT SHAH
- 30 May 20263 of 3 present3 independent · 57 days in between
- 2 Apr 20262 of 3 present2 independent · 16 days in between
- 16 Mar 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair CHUNILAL BHANJI GHERWADA
KALPESH CHANDRAKANT SHAH, VIJAL YOGENDRA PATEL
- 30 May 20262 of 3 present2 independent · 90 days in between
- 28 Feb 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair HEMANT NANDKISHOR BATAVIYA
VIJAL YOGENDRA PATEL, KALPESH CHANDRAKANT SHAH
No meeting listed in the filing.
Independent Directors Meeting
- 28 Feb 20265 of 5 present5 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. Desai Saksena & AssociatesPeer-review certificate valid to Aug 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.
Bharat Agri Fert and Realty 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.Bharat Agri Fert and Realty dividend history
Annual general meeting, 29 Sep 2026
14,111 shareholders on the register on 22 Sep 2026; present: 8 promoters and 94 others; votes counted by Prabhat Maheshwari / GMJ & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt: The Audited Financial Statements of the Company for the financial year ended March 31, 2026 including the Audited Balance Sheet as on March 31, 2026, the Statement of Profit and Loss for the year ended March 31, 2026 and Cash Flow Statement for the year ended on that date together with the Reports of the Board of Directors and Statutory Auditors thereon;MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 68.29% · promoters 100.00% · institutions 0.00% · other public 1.40%
- To appoint a Director in place of Mrs. Anjni Yogendra Patel (DIN: 00106976) who retires by rotation and being eligible offers herself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 68.29% · promoters 100.00% · institutions 0.00% · other public 1.40%
- Payment of remuneration to M/S. SR. Singh & Co, Cost Accountants (FRN: PROP/101398), the cost auditors of the Company for the financial year 2026-27.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 68.29% · promoters 100.00% · institutions 0.00% · other public 1.40%
- Re-appointment of Mr. Hemant Nandkishor Bataviya (DIN: 09535784) as a NonExecutive Independent Director for a second term of 5 (five) years.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 68.29% · promoters 100.00% · institutions 0.00% · other public 1.40%
- Re-appointment of Mr. Kalpesh Chandrakant Shah (DIN: 09501247) as a Non-Executive Independent Director for a second term of 5 (five) years.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 68.29% · promoters 100.00% · institutions 0.00% · other public 1.40%
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 Jun 2026.
- Tax disputeDeputy Commissioner of State Tax, Palghar (State GST)Since 22 Jun 2026
The Company has submitted its reply to the Show Cause Notice. The matter is pending adjudication before the Deputy Commissioner of State Tax, Palghar. No final order has been passed as on the date of this disclosure.MoreLess
At the filing before: Show Cause Notice (DRC-01) issued under Section 74A(1) read with Section 74A(5)(ii) of the MGST Act, 2017 in respect of alleged excess ITC claim.
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.