Onida Electronics MD, chairman, board of directors and AGM
NSE: ONIDABSE: 500279Consumer DurablesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹25.82.
- 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.
- ₹929 Cr1,405th 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 20 May 2026
- 3.9
- 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 7 Aug 2026
- −42.1%
- ROE without one-offsReturn on equity without one-off items. Core profit, 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 less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹14 crore of one-off items, the largest of them in the quarter to Mar 2026.
- −34.5%
- 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 7 Aug 2026
- −18.9%
- 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 20 May 2026
- 0.31
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 6,32,27651.3% delivered
Onida Electronics board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorVijay MansukhaniRelated to the promoter
- Managing directorKaval Mirchandani
- Company SecretaryPrasad Oak
8 directors4 independent3 executive1 non-executive
- Vijay Mansukhani · Chairperson and managing directorExecutive · joined Jan 1981 · reappointed Apr 2024 · 1 listed board · 1 committee seat
- Kaval Mirchandani · Managing directorExecutive · joined May 2016 · reappointed May 2025 · 1 listed board
- Shirish SuvagiaExecutive · joined Apr 2023 · 1 listed board
- Arvind Rajkishore SharmaIndependent · joined Nov 2016 · reappointed Nov 2021 · 115 months as independent · 1 listed board · 1 as independent
- Mohita Kulwantsingh AroraIndependent · joined Jun 2020 · reappointed Jun 2025 · 72 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Nandini MansinghkaIndependent · joined Nov 2023 · 31 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Milind PokleIndependent · joined Sep 2024 · 21 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Sasha MirchandaniNon-executive · joined May 2025 · 2 listed boards · 1 as independent · 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.
1 director who left
- Gulu Lalchand Mirchandani, left 20 May 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 20 May 20267 of 8 present3 independent · 3 days in between
- 16 May 20267 of 8 present3 independent · 28 days in between
- 17 Apr 20266 of 8 present3 independent · 16 days in between
- 31 Mar 20266 of 8 present3 independent
Audit Committee
Chair Arvind Rajkishore Sharma
Nandini Mansinghka, Milind Pokle, Mohita Kulwantsingh Arora
- 20 May 20263 of 4 present3 independent · 3 days in between
- 16 May 20263 of 4 present3 independent · 28 days in between
- 17 Apr 20263 of 4 present3 independent · 64 days in between
- 11 Feb 20264 of 4 present4 independent
Nomination and remuneration committee
Chair Mohita Kulwantsingh Arora
Nandini Mansinghka, Milind Pokle
- 20 May 20263 of 3 present3 independent · 49 days in between
- 31 Mar 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair Mohita Kulwantsingh Arora
Vijay Mansukhani, Nandini Mansinghka, Sasha Mirchandani
- 20 May 20264 of 4 present2 independent · 97 days in between
- 11 Feb 20264 of 4 present2 independent
Risk Management Committee
Chair Vijay Mansukhani
Shirish Suvagia, Sasha Mirchandani
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Vijay Mansukhani
Nandini Mansinghka, Sasha Mirchandani
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.
- M M NISSIM & CO LLPPeer-review certificate valid to Mar 2028
1 earlier auditor
- ASA & Associates LLPNamed 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.
Onida Electronics 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.Onida Electronics dividend history
Annual general meeting, 23 Sep 2026
72,342 shareholders on the register on 16 Sep 2026; present: 9 promoters and 61 others; votes counted by MAHESH DARJI / Nilesh Shah & Associates.The company's voting result (opens in a new tab)
- To receive, consider and adopt the audited financial statement(s) of the Company for the financial year ended 31st March 2026, together with the reports of Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.97% · promoters 100.00% · institutions 29.23% · other public 36.11%
- To appoint a director in place of Mr. Vijay Mansukhani (DIN: 01041809), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 61.97% · promoters 100.00% · institutions 29.23% · other public 36.11%
- To appoint Statutory Auditors and fix their remunerationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.97% · promoters 100.00% · institutions 29.23% · other public 36.11%
- To re-designate Mr. Kaval Mirchandani (DIN: 01179978), as a Whole Time Director of the Company (re-designated from Managing Director) and remuneration payable to himSpecialPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 25.53% · promoters 10.00% · institutions 29.23% · other public 36.11%
- To approve the appointment of Mr. Manish Desai (DIN: 09740266) as a Director of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 61.97% · promoters 100.00% · institutions 29.23% · other public 36.11%
- To approve the appointment of Mr. Manish Desai (DIN: 09740266) as a Whole-time Director (Key Managerial Personnel) of the Company and remuneration payable to himSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 61.97% · promoters 100.00% · institutions 29.23% · other public 36.11%
- To approve the appointment of Mr. Gunjan Srivastava (DIN: 06396248) as a Director of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 61.97% · promoters 100.00% · institutions 29.23% · other public 36.11%
- To approve the appointment of Mr. Gunjan Srivastava (DIN: 06396248) as a Managing Director (Key Managerial Personnel) of the Company and remuneration payable to himSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 61.97% · promoters 100.00% · institutions 29.23% · other public 36.11%
- To approve the appointment of Mr. Jayesh Gandhi (DIN: 00221855) as an Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 61.97% · promoters 100.00% · institutions 29.23% · other public 36.11%
- To ratify the remuneration of Cost Auditors for the financial year ending March 31, 2027Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 61.97% · promoters 100.00% · institutions 29.23% · other public 36.11%
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
- 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
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Mar 2026. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesOct 2025, checked by Acuite Ratings & Research | 149.52 | Working Capital | 112.52 | 112.52 | No |
| Preferential IssuesOct 2025, checked by Acuite Ratings & Research | 149.52 | General Corporate Purpose | 37.00 | 37.00 | No |