Dhanlaxmi Cotex MD, chairman, board of directors and AGM
BSE: 512485Commercial Services & SuppliesSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹110.40.
- 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.
- ₹51 Cr3,416th 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.
- Earlier quarters restated in the year
- 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 22 May 2026
- 0.7
- 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
- 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
- −2.1%
- 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 22 May 2026
- 0.00
- Volume, BSEVolume. Shares traded on the last trading day.
- 1
Dhanlaxmi Cotex 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 directorMAHESH SOHANLAL JHAWAR
- Company Secretary and Compliance OfficerARTI JAIN
5 directors3 independent1 executive1 non-executive
- MAHESH SOHANLAL JHAWAR · Chairperson and managing directorExecutive · joined Jan 1987 · reappointed Jun 2024 · 2 listed boards
- NATWAR NAGARMAL AGARWALIndependent · joined Jul 2018 · reappointed Jul 2023 · 99 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- ARPIT TIBREWALAIndependent · joined Feb 2020 · reappointed Aug 2025 · 80 months as independent · 1 listed board · 1 as independent · 2 committee seats
- MONITA AMIT SHETHIndependent · joined Feb 2025 · 20 months as independent · 1 listed board · 1 as independent · 2 committee seats
- PAYAL ANKUR BANKDANon-executive · joined Jul 2022 · 1 listed board
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.
2 directors who left
- RAHUL MAHESH JHAWAR, left 9 Dec 2025: Others
- NIYATI KETAN SHAH, left 10 Feb 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 11 Aug 20265 of 5 present3 independent · 80 days in between
- 22 May 20265 of 5 present3 independent
Audit Committee
Chair NATWAR NAGARMAL AGARWAL
ARPIT TIBREWALA, MONITA AMIT SHETH
- 11 Aug 20263 of 3 present3 independent · 80 days in between
- 22 May 20263 of 3 present3 independent
Nomination and remuneration committee
Chair NATWAR NAGARMAL AGARWAL
ARPIT TIBREWALA, MONITA AMIT SHETH
- 11 Aug 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair NATWAR NAGARMAL AGARWAL
ARPIT TIBREWALA, MONITA AMIT SHETH
- 22 May 20263 of 3 present3 independent
Corporate Social Responsibility Committee
Chair NATWAR NAGARMAL AGARWAL
ARPIT TIBREWALA, MONITA AMIT SHETH
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.
- DAC & CO.Peer-review certificate valid to Apr 2028
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.
Dhanlaxmi Cotex 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.Dhanlaxmi Cotex share news and announcements
Annual general meeting, 29 Sep 2026
1,187 shareholders on the register on 22 Sep 2026; present: 1 promoter and 23 others; votes counted by PANKAJ TRIVEDI / PANKAJ TRIVEDI & CO..The company's voting result (opens in a new tab)
To receive consider and adopt the Annual Standalone Financial Statements consisting of the Balance Sheet as at March 31, 2026, the Statement of Profit and Loss and Cash Flow Statement for the year ended on that date and Explanatory Notes annexed to, and forming part of, any of the above documents together with the reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 72.22% · promoters 100.00% · institutions 0.00% · other public 11.50%
To appoint a Director in place of Mrs. Payal Ankur Bankda (DIN: 09483787), who retire by rotation in terms of section 152(6) of the Companies Act, 2013 and being eligible offers herself for re-appointment.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 72.22% · promoters 100.00% · institutions 0.00% · other public 11.50%
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 disputeIncome Tax DepartmentSince 7 Oct 2023We have received an appeal hearing notice online u/s 250 and reply to notice has been filed on 29/04/2024. We are awaiting for any further requirement or clarification or order for the same.
At the filing before: The income tax department has added Rs. 58,52,367 to the income of DCL while passing an order u/s 148 for the FY 2015-16. The matter is subjudice and an appeal before the commissioner has been filed against the said demand order.MoreLess
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.