Hardcastle & Waud Mfg. Co. MD, chairman, board of directors and AGM
BSE: 509597Chemicals & PetrochemicalsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹805.80.
- 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.
- ₹54 Cr3,449th 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 5 Aug 2026
- 10.3
- 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 14 May 2026
- 1.1
- 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 5 Aug 2026
- 10.9%
- 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 5 Aug 2026
- 10.2%
- 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 14 May 2026
- 0.00
- Volume, BSEVolume. Shares traded on the last trading day.
- 69
Hardcastle & Waud Mfg. Co. 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
- Managing directorBanwari Lal Jatia
- Company Secretary and Compliance OfficerSmita Shailesh Achrekar
4 directors2 independent1 executive1 non-executive
- Banwari Lal Jatia · Managing directorExecutive · joined May 1994 · reappointed Sep 2026 · 1 listed board · 1 committee seat
- Pranjali Mangal BhandariIndependent · joined Aug 2022 · 49 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 2 as chair
- Manekchand PandaIndependent · joined Aug 2025 · 13 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Ganpat Lal DadhichNon-executive · joined Mar 2026 · reappointed May 2026 · 1 listed board · 2 committee seats
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.
3 directors who left
- Sunil Kantilal Trivedi, left 30 May 2026: Tenure Completion
- Piyushkumar Rameshchandra Mehta, left 19 Feb 2026: Others
- Vimal Chand Kothari, left 22 Sep 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 5 Aug 20264 of 4 present2 independent · 20 days in between
- 15 Jul 20264 of 4 present2 independent · 61 days in between
- 14 May 20265 of 5 present3 independent · 35 days in between
- 8 Apr 20265 of 5 present3 independent
Audit Committee
Chair Pranjali Mangal Bhandari
Manekchand Panda, Ganpat Lal Dadhich
- 5 Aug 20263 of 3 present2 independent · 82 days in between
- 14 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Pranjali Mangal Bhandari
Manekchand Panda, Ganpat Lal Dadhich
- 14 May 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Pranjali Mangal Bhandari
Banwari Lal Jatia, Manekchand Panda, Ganpat Lal Dadhich
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.
- 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.
Hardcastle & Waud Mfg. Co. 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.Hardcastle & Waud Mfg. Co. share news and announcements
Annual general meeting, 30 Sep 2026
1,592 shareholders on the register on 23 Sep 2026; present: 5 promoters and 10 others; votes counted by SHAILESH KACHALIA / M/s SKJP & Associates.The company's voting result (opens in a new tab)
- Adoption of the audited Financial Statements of the Company for the financial year ended March 31, 2026 together with reports of the Directors and the Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 81.73% · promoters 100.00% · institutions 0.00% · other public 30.88%
- Re-appointment of Mr Banwari Lal Jatia (DIN: 00016823) who retires by rotation 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 8.12% · promoters 0.00% · institutions 0.00% · other public 30.87%
Approval of Material Related Party Transactions to be entered into by the Company during the Financial Years 2026-2027 and 2027-2028 i.e. from the date of this Annual General Meeting until the date of next Annual General Meeting of the Company to be held during the calendar year 2027.MoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 8.12% · promoters 0.00% · institutions 0.00% · other public 30.87%
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.