Megatherm Induction MD, chairman, board of directors and AGM
NSE: MEGATHERMIndustrial Products
Share price at the NSE close on 23 Oct 2026. Previous close ₹244.35.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price.
- ₹435 Cr
- 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 29 May 2026
- 18.4
- 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 29 May 2026
- 2.6
- 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 29 May 2026
- 15.4%
- 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 29 May 2026
- 0.30
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 29,60082.4% delivered
Megatherm Induction 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
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.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- MSKA & ASSOCIATES LLPPeer-review certificate valid to Jul 2027
1 earlier auditor
- MSKA & ASSOCIATESNamed 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.
Megatherm Induction 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.Megatherm Induction share news and announcements
Annual general meeting, 29 Aug 2026
3,264 shareholders on the register on 22 Aug 2026; present: 6 promoters and 12 others; votes counted by ANJAN KUMAR ROY / ANJAN KUMAR ROY & CO.The company's voting result (opens in a new tab)
- Review and Adoption of Audited Financial Statements for the financial year ended 31st March, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 72.67% · promoters 99.88% · institutions 0.00% · other public 3.27%
- Appointment of Director in the place of retiring DirectorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 72.67% · promoters 99.88% · institutions 0.00% · other public 3.27%
- Re-appointment of Mssr. M S K A And Associates LLP, Chartered Accountants as Statutory Auditors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 72.67% · promoters 99.88% · institutions 0.00% · other public 3.27%
- To ratify the remuneration of the Cost Auditor for the financial year 2026-27Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 72.67% · promoters 99.88% · institutions 0.00% · other public 3.27%
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, 29 May 2026, 1 resolution
3,149 shareholders on the register on 24 Apr 2026; votes counted by ANJAN KUMAR ROY / ANJAN KUMAR ROY & CO.The company's voting result (opens in a new tab)
TO APPROVE FOR GIVING LOAN OR GUARANTEE OR PROVIDING SECURITY IN CONNECTION WITH LOAN AVAILED BY ANY OF THE COMPANY'S SUBSIDIARY(IES) OR ANY OTHER PERSON SPECIFIED UNDER SECTION 185 OF THE COMPANIES ACT, 2013MoreLess
SpecialPromoters have an interest in it99.98% for0.02% againstAgainst: promoters 0.00% · institutions 0.00% · other public 1.48%
Turnout: all 72.63% · promoters 99.88% · institutions 0.00% · other public 3.48%
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 disputeGOODS AND SERVICE TAXSince 21 May 2023CASE IS PENDING BEFORE THE CALCUTTA HIGH COURTAt the filing before: PENDING
- Tax disputeGOODS AND SERVICE TAXSince 28 Feb 2025IN PROCESS TO FILE APPEAL TO THE GST APPEALLATE TRIBUNALAt the filing before: PENDING
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 filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Sep 2025. The company's results filing for the quarter to Mar 2026 says no statement of how money raised was used applies to it.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Public IssuesFeb 2024 | 53.91 | Funding capital expenditure towards construction of factory shed and installation of additional plant and machinery | 14.90 | 12.83 | No |
| Public IssuesFeb 2024 | 53.91 | To meet Working Capital requirements | 26.00 | 9.16 | No |
| Public IssuesFeb 2024 | 53.91 | General Corporate Purpose | 7.25 | 0.16 | No |
| Public IssuesFeb 2024 | 53.91 | Issue Related Expenses | 5.76 | 5.76 | No |