Maestros Electronics & Telecommunications Systems shareholders and shareholding pattern
BSE: 538401Industrial ManufacturingSmall Cap
Last close ₹77.70up ₹1.25 (1.64%)
Share price at the BSE close on 23 Oct 2026. Previous close ₹76.45.
52-week range of traded prices to 23 Oct 2026
₹53.25Low, 18 Nov 2025₹129.58High, 30 Sep 2026
- 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.
- ₹86 Cr3,127th 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 12 Aug 2026
- 11.6
- 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
- 2.0
- 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 12 Aug 2026
- 19.2%
- 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 12 Aug 2026
- 16.5%
- 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
- 0.04
- Volume, BSEVolume. Shares traded on the last trading day.
- 21,976
Who owns Maestros Electronics & Telecommunications Systems, filing by filing
Per cent of the company's shares. The last ten years of filings, from Dec 2016; the latest is the filing of 5 Oct 2026.
5 Oct 2026 filing
- Promoters63.88%
- Foreign institutions0.20%
- Indian institutionsNone
- Individuals and others35.91%
Shareholding pattern, per cent, from Sep 2022
- Promoters
- Foreign institutions
- Indian institutions
- Individuals and others
| Per cent | Dec 2016Filed 21 Jan | Mar 2017Filed 17 Apr | Jun 2017Filed 21 Jul | Sep 2017Filed 14 Oct | Dec 2017Filed 11 Jan | Mar 2018Filed 19 Apr | Jun 2018Filed 18 Jul | Sep 2018Filed 19 Oct | Dec 2018Filed 15 Jan | Mar 2019Filed 15 Apr | Jun 2019Filed 15 Jul | Sep 2019Filed 17 Oct | Dec 2019Filed 16 Jan | Mar 2020Filed 6 May | Jun 2020Filed 21 Jul | Sep 2020Filed 19 Oct | Dec 2020Filed 19 Jan | Mar 2021Filed 21 Apr | Jun 2021Filed 14 Jul | Sep 2021Filed 20 Oct | Dec 2021Filed 20 Jan | Mar 2022Filed 16 May | Jun 2022Filed 6 Aug | Sep 2022Filed 21 Oct | Dec 2022Filed 18 Jan | Mar 2023Filed 18 Apr | Jun 2023Filed 29 Jul | Sep 2023Filed 13 Oct | Dec 2023Filed 19 Jan | Mar 2024Filed 20 Apr | Jun 2024Filed 12 Jul | Sep 2024Filed 11 Nov | Dec 2024Filed 20 Jan | Mar 2025Filed 21 Jul | Jun 2025Filed 21 Jul | Sep 2025Filed 14 Oct | Dec 2025Filed 20 Jan | Mar 2026Filed 20 Apr | Jun 2026Filed 21 Jul | Sep 2026Filed 21 Oct | Oct 20265 OctFiled 12 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 55.69% | 55.69% | 59.45% | 58.18% | 58.18% | 58.18% | 58.18% | 58.18% | 60.15% | 59.65% | 61.96% | 61.96% | 61.96% | 61.96% | 63.81% | 63.81% | 63.81% | 63.81% | 63.81% | 63.81% | 63.81% | 63.81% | 63.81% | 55.52% | 55.52% | 55.56% | 55.56% | 55.56% | 55.56% | 55.56% | 55.59% | 55.59% | 55.59% | 55.62% | 55.66% | 60.20% | 60.22% | 60.22% | 63.90% | 63.90% | 63.88% | |
| Indian promoters | 55.69% | 55.69% | 59.45% | 58.18% | 58.18% | 58.18% | 58.18% | 58.18% | 60.15% | 59.65% | 61.96% | 61.96% | 61.96% | 61.96% | 63.81% | 63.81% | 63.81% | 63.81% | 63.81% | 63.81% | 63.81% | 63.81% | 63.81% | 55.52% | 55.52% | 55.56% | 55.56% | 55.56% | 55.56% | 55.56% | 55.59% | 55.59% | 55.59% | 55.62% | 55.66% | 60.20% | 60.22% | 60.22% | 63.90% | 63.90% | 63.88% |
| Public. Every shareholder outside the promoter group, the employee trusts and the shares held against depositary receipts, as the filing totals them. | 44.31% | 44.31% | 40.55% | 41.82% | 41.82% | 41.82% | 41.82% | 41.82% | 39.85% | 40.35% | 38.04% | 38.04% | 38.04% | 38.04% | 36.19% | 36.19% | 36.19% | 36.19% | 36.19% | 36.19% | 36.19% | 36.19% | 36.19% | 44.48% | 44.48% | 44.44% | 44.44% | 44.44% | 44.44% | 44.44% | 44.41% | 44.41% | 44.41% | 44.38% | 44.34% | 39.80% | 39.78% | 39.78% | 36.10% | 36.10% | 36.12% |
| Promoter shares pledgedShare of the promoters' own shares | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 84.31% | 21.39% | 19.76% | 85.50% | 85.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Shares in issue | 43,09,945 | 43,09,945 | 47,09,945 | 47,09,945 | 47,09,945 | 47,09,945 | 47,09,945 | 47,09,945 | 49,42,758 | 49,42,758 | 52,42,758 | 52,42,758 | 52,42,758 | 52,42,758 | 55,10,237 | 55,10,237 | 55,10,237 | 55,10,237 | 55,10,237 | 55,10,237 | 55,10,237 | 55,10,237 | 55,10,237 | 55,10,237 | 55,10,237 | 55,10,237 | 55,10,237 | 55,10,237 | 55,10,237 | 55,10,237 | 55,10,237 | 55,10,237 | 55,10,237 | 55,10,237 | 55,10,237 | 55,10,237 | 55,10,237 | 55,10,237 | 55,10,237 | 55,10,237 | 1,10,20,474what Shares in issue, Oct 2026, includes. Bonus issue on 1 Oct 2026: 1 new share for every 1 held. Earlier filings count the shares before it. |
| Shares locked inShares locked in. Shares the filing reports as barred from sale until a set day, such as promoters' shares after a public issue or shares allotted to an investor directly. | 18,55,900 | 18,55,900 | 22,55,900 | 22,55,900 | 22,55,900 | 11,80,000 | 9,41,989 | 22,05,900 | 24,38,713 | 24,38,713 | 24,38,713 | 27,38,713 | 27,38,713 | 6,94,802 | 6,94,802 | 30,06,192 | 30,06,192 | 30,06,192 | 8,00,292 | 8,00,292 | 8,00,292 | 5,67,479 | 5,67,479 | 2,67,479 | 2,67,479 | 2,67,479 | 2,67,479 | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Promoters' shares locked in | 18,55,900 | 18,55,900 | 22,55,900 | 22,55,900 | 22,55,900 | 11,80,000 | 9,41,989 | 22,05,900 | 24,38,713 | 24,38,713 | 24,38,713 | 27,38,713 | 27,38,713 | 6,94,802 | 6,94,802 | 30,06,192 | 30,06,192 | 30,06,192 | 8,00,292 | 8,00,292 | 8,00,292 | 5,67,479 | 5,67,479 | 2,67,479 | 2,67,479 | 2,67,479 | 2,67,479 | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. Pledged is the share of the promoters' own shares given to lenders as security. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.
Maestros Electronics & Telecommunications Systems promoters
Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing of 5 Oct 2026; the largest is Balkrishna Kamalakar Tendulkar, 62.72%. The filing names 7 more members with no shares.Promoter buying and selling
| Holder | |||
|---|---|---|---|
| Balkrishna Kamalakar TendulkarIndividuals and Hindu undivided families | 62.72% | 69,12,384 | 69,12,384 |
| Narendra MahajaniIndividuals and Hindu undivided families | 0.92% | 1,01,500 | 1,01,500 |
| Shreyans Balkrishna TendulkarIndividuals and Hindu undivided families | 0.09% | 9,812 | 9,812 |
| Vaishali Balkrishna TendulkarIndividuals and Hindu undivided families | 0.07% | 7,470 | 7,470 |
| Shweta Balkrishna TendulkarIndividuals and Hindu undivided families | 0.06% | 6,854 | 6,854 |
| Bakhle Dhananjay SadashivIndividuals and Hindu undivided families | 0.01% | 900 | 0 |
| Nandlal BhimrajkaIndividuals and Hindu undivided families | 0.01% | 657 | 0 |
| Krishna Kumar MenonIndividuals and Hindu undivided families | 0.00% | 274 | 274 |
| Chitralekha K MenonIndividuals and Hindu undivided families | 0.00% | 302 | 302 |
No promoter shares are reported as pledged. In demat is the part of the holding kept electronically; the rest is paper certificates.
Largest public holders of Maestros Electronics & Telecommunications Systems, filing by filing
Per cent, on the same shares as the split above.
| Holder | Dec 2016Filed 21 Jan | Mar 2017Filed 17 Apr | Jun 2017Filed 21 Jul | Sep 2017Filed 14 Oct | Dec 2017Filed 11 Jan | Mar 2018Filed 19 Apr | Jun 2018Filed 18 Jul | Sep 2018Filed 19 Oct | Dec 2018Filed 15 Jan | Mar 2019Filed 15 Apr | Jun 2019Filed 15 Jul | Sep 2019Filed 17 Oct | Dec 2019Filed 16 Jan | Mar 2020Filed 6 May | Jun 2020Filed 21 Jul | Sep 2020Filed 19 Oct | Dec 2020Filed 19 Jan | Mar 2021Filed 21 Apr | Jun 2021Filed 14 Jul | Sep 2021Filed 20 Oct | Dec 2021Filed 20 Jan | Mar 2022Filed 16 May | Jun 2022Filed 6 Aug | Sep 2022Filed 21 Oct | Dec 2022Filed 18 Jan | Mar 2023Filed 18 Apr | Jun 2023Filed 29 Jul | Sep 2023Filed 13 Oct | Dec 2023Filed 19 Jan | Mar 2024Filed 20 Apr | Jun 2024Filed 12 Jul | Sep 2024Filed 11 Nov | Dec 2024Filed 20 Jan | Mar 2025Filed 21 Jul | Jun 2025Filed 21 Jul | Sep 2025Filed 14 Oct | Dec 2025Filed 20 Jan | Mar 2026Filed 20 Apr | Jun 2026Filed 21 Jul | Sep 2026Filed 21 Oct | Oct 20265 OctFiled 12 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Vinayak DeshpandeResident individuals, over ₹2 lakh at face value | 2.62% | 2.68% | 2.45% | 3.30% | 3.39% | 3.39% | 3.39% | 3.39% | 3.23% | 3.23% | 3.05% | 3.05% | 3.05% | 3.05% | 2.90% | 2.90% | 2.73% | 2.73% | 2.73% | 2.73% | 2.73% | – | 2.73% | 2.73% | 2.73% | 2.73% | 2.73% | 2.73% | 2.73% | 2.73% | 2.73% | 2.73% | 2.73% | 2.73% | 2.73% | 2.73% | 2.74% | 2.74% | 2.74% | 2.74% | 2.74% |
| Suruchi KhannaResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.18% | 1.54% | 1.81% | 1.81% | 1.81% | 1.81% |
| Dipakkumar Babalbhai PatelResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.72% | 1.72% | – | – |
| Dr Nitin Sadashiv ParanjapeResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 8.30% | 8.30% | 8.30% | 8.30% | 8.30% | 8.30% | 8.30% | 8.30% | 8.30% | 8.30% | 8.30% | 8.30% | 3.76% | 3.76% | 3.76% | – | – | – |
| Babalbhai Manilal PatelResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.05% | 1.12% | 1.26% | 1.34% | 1.34% | 1.20% | 1.29% | 1.07% | 1.02% | 1.31% | 1.28% | 1.34% | 1.45% | 1.64% | 1.74% | – | – | – | – |
| Dcb Bank LimitedOther foreign institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0.20% | 0.20% | – | – | – | – | – | – | – | – |
| Dheeraj Kumar LohiaResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.73% | 2.79% | – | 2.77% | 2.79% | 2.53% | 2.53% | 2.22% | 1.46% | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Bipin Ramchandra KulkarniResident individuals, over ₹2 lakh at face value | 2.42% | 2.42% | 2.21% | 2.21% | 2.21% | 2.21% | 2.21% | 2.21% | 2.11% | 2.11% | 1.99% | 1.99% | 1.99% | 1.99% | 1.89% | 1.89% | 1.29% | 1.29% | 1.29% | 1.29% | 1.29% | – | 1.29% | 1.29% | 1.29% | 1.29% | 1.29% | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Foreign BankOther foreign institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0.20% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Suresh Bachubhai ShahResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.24% | 1.79% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Evermore Commodity Brokers Private LimitedOther non-institutions | 2.28% | – | 2.08% | 2.08% | 2.08% | 2.08% | 2.08% | 2.08% | 1.99% | 1.99% | 1.87% | 1.87% | 1.87% | 1.87% | 1.78% | 1.78% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Premlata Ramesh SaraogiResident individuals, over ₹2 lakh at face value | – | – | – | – | – | 1.67% | 1.67% | 1.67% | 1.59% | 1.59% | 1.50% | 1.50% | 1.50% | 1.50% | 1.43% | 1.43% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Minesh Dharnendra ShahResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | 1.10% | 1.10% | 1.04% | 1.12% | 1.21% | 1.38% | 1.40% | 1.27% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Greyhound Enterprises Pvt. Ltd.Other non-institutions | 1.50% | – | 1.37% | 1.37% | 1.37% | 1.37% | 1.37% | 1.37% | 1.30% | 1.30% | 1.23% | 1.23% | 1.23% | 1.23% | 1.17% | 1.02% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Arham Share Consultants Pvt LtdOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.02% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Deepakbhai Bhuralal SadhaniResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | 1.09% | 1.09% | 1.09% | 1.21% | 1.15% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Ramesh Sawalram SaraogiResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | 1.07% | 1.07% | 1.02% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Sunglow Fininvest Pvt LtdOther non-institutions | 1.31% | – | 1.19% | 1.19% | – | 1.19% | 1.19% | 1.19% | 1.14% | 1.14% | 1.07% | 1.07% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Gayatri AgarwalResident individuals, over ₹2 lakh at face value | 1.20% | 1.20% | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% | 1.05% | 1.05% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Deepak Bhuralal Sadhani.Other non-institutions | – | – | – | – | – | – | – | – | – | 1.03% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Vasundhara AtreResident individuals, over ₹2 lakh at face value | 1.16% | 1.16% | 1.06% | 1.06% | 1.06% | 1.06% | 1.06% | 1.06% | 1.01% | 1.01% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Rajasthan Global Securities Private LimitedOther non-institutions | 3.30% | – | 2.09% | 1.94% | 1.98% | 1.98% | 1.98% | 1.25% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Bonanza Portfolio Ltd.Other non-institutions | 2.22% | – | 2.03% | 2.03% | 2.03% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Sunglow Finfest Pvt. Ltd.Other non-institutions | – | – | – | – | 1.19% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.