Patels Airtemp (I) CEO, MD, chairman, board of directors and AGM
BSE: 517417Industrial ManufacturingSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹352.15.
- 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.
- ₹186 Cr2,628th 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 8 Aug 2026
- 27.2
- 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 30 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.
- 0.88%
- 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 8 Aug 2026
- 4.2%
- 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 8 Aug 2026
- 5.9%
- 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 30 May 2026
- 0.53
- Volume, BSEVolume. Shares traded on the last trading day.
- 15,547
Patels Airtemp (I) 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 director and CEOSANJIVKUMAR NARAYANBHAI PATEL
- Company Secretary and Compliance OfficerNikhil M. Patel
6 directors3 independent3 executive
- SANJIVKUMAR NARAYANBHAI PATEL · Chairperson and managing director and CEOExecutive · joined Sep 2009 · reappointed May 2026 · 2 listed boards · 1 as independent
- SHIVANG PRAKASHCHANDRA PATELExecutive · joined Jun 2019 · reappointed Jun 2025 · 1 listed board
- APURVA VINUBHAI SHAHExecutive · joined Aug 2018 · reappointed Aug 2024 · 1 listed board
- NAIMISH BHANUPRASAD PATELIndependent · joined Aug 2023 · reappointed Sep 2023 · 38 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- RAJENDRAKUMAR CHATURBHAI PATELIndependent · joined Aug 2019 · reappointed Aug 2024 · 86 months as independent · 2 listed boards · 2 as independent · 4 committee seats
- NIDHI YASH PATELIndependent · joined Mar 2025 · reappointed May 2025 · 19 months as independent · 1 listed board · 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
- VINABEN BHUPENDRABHAI PATEL, left 20 Mar 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 8 Aug 20266 of 6 present3 independent · 69 days in between
- 30 May 20266 of 6 present3 independent
Audit Committee
Chair NAIMISH BHANUPRASAD PATEL
RAJENDRAKUMAR CHATURBHAI PATEL, NIDHI YASH PATEL
- 8 Aug 20263 of 3 present3 independent · 69 days in between
- 30 May 20263 of 3 present3 independent
Nomination and remuneration committee
Chair NAIMISH BHANUPRASAD PATEL
RAJENDRAKUMAR CHATURBHAI PATEL, NIDHI YASH PATEL
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair NAIMISH BHANUPRASAD PATEL
RAJENDRAKUMAR CHATURBHAI PATEL, NIDHI YASH PATEL
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair NAIMISH BHANUPRASAD PATEL
RAJENDRAKUMAR CHATURBHAI PATEL, NIDHI YASH PATEL
- 30 May 20263 of 3 present3 independent
Finance Committee
Chair SANJIVKUMAR NARAYANBHAI PATEL
SHIVANG PRAKASHCHANDRA PATEL, APURVA VINUBHAI SHAH
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.
- PARIKH & MAJMUDARPeer-review certificate valid to Oct 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.
Patels Airtemp (I) 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.Patels Airtemp (I) dividend history
Annual general meeting, 14 Sep 2026
10,964 shareholders on the register on 7 Sep 2026; present: 8 promoters and 37 others; votes counted by PUNIT SANTOSHKUMAR LATH / PUNIT SANTOSHKUMAR LATH.The company's voting result (opens in a new tab)
- To consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2026 and the Reports of the Board of Directors and Auditors thereon.Ordinary88.93% for11.07% against
Against: promoters 11.65% · institutions 0.00% · other public 0.00%
Turnout: all 48.85% · promoters 100.00% · institutions 0.00% · other public 4.51%
To declare and approve dividend of Rs. 3/- per Equity Shares of Rs. 10/- each (30%) for the financial year ended 31st March, 2026 and the same be paid out of the profits of the Company subject to deduction of tax at source (TDS).MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 48.85% · promoters 100.00% · institutions 0.00% · other public 4.51%
To re-appoint Mr. Shivang P. Patel (DIN: 08136652) as a Director of the Company, as recommended by the Board, who retires by rotation in terms of Section 152 of the Companies Act, 2013 and being eligible offers himself for re-appointment.MoreLess
OrdinaryPromoters have an interest in it88.93% for11.07% againstAgainst: promoters 11.65% · institutions 0.00% · other public 0.00%
Turnout: all 48.85% · promoters 100.00% · institutions 0.00% · other public 4.51%
To ratify payment of remuneration of Rs. 80,000/- plus applicable taxes and out-of-pocket expenses, if any, to Cost Auditors M/s. Rajendra Patel & Associates, Cost Accountant, Ahmedabad (Registration No. FRN101163 and Membership No. 29021) for the financial year ending on 31st March, 2027 (2026-27).MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 48.85% · promoters 100.00% · institutions 0.00% · other public 4.51%
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.