Scoda Tubes MD, chairman, board of directors and AGM
NSE: SCODATUBESBSE: 544411Industrial ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹109.74.
- 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.
- ₹644 Cr1,582nd 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
- 17.4
- 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 26 May 2026
- 1.6
- 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 12 Aug 2026
- 13.7%
- 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
- 11.5%
- 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 26 May 2026
- 0.47
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 1,74,12744.0% delivered
Scoda Tubes board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.
- ChairpersonSAMARTH BHARATBHAI PATEL
- Managing directorJAGRUTKUMAR RAMESHBHAI PATEL
- Company Secretary and Compliance OfficerNISHITA MAYANK SANGHVI
6 directors3 independent3 executive
- SAMARTH BHARATBHAI PATEL · ChairpersonExecutive · joined Dec 2017 · reappointed Sep 2024 · 1 listed board
- JAGRUTKUMAR RAMESHBHAI PATEL · Managing directorExecutive · joined Sep 2016 · reappointed Sep 2024 · 1 listed board · 1 committee seat
- SAURABH AMRUTBHAI PATELExecutive · joined Nov 2020 · reappointed Sep 2025 · 1 listed board
- PIYUSH JASHAWANTLAL SHAHIndependent · joined Sep 2024 · reappointed Sep 2024 · 21 months as independent · 1 listed board · 1 as independent · 2 committee seats
- VIPULKUMAR VITTHALBHAI PATELIndependent · joined Sep 2024 · reappointed Sep 2024 · 21 months as independent · 2 listed boards · 2 as independent · 2 committee seats
- NEHA MAULIK SONIIndependent · joined Sep 2024 · reappointed Sep 2024 · 21 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
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.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 30 Jun 20266 of 6 present3 independent · 34 days in between
- 26 May 20266 of 6 present3 independent · 24 days in between
- 1 May 20266 of 6 present3 independent · 48 days in between
- 13 Mar 20266 of 6 present3 independent · 15 days in between
2 earlier meetings
- 25 Feb 20266 of 6 present3 independent · 25 days in between
- 30 Jan 20265 of 6 present3 independent
Audit Committee
Chair NEHA MAULIK SONI
PIYUSH JASHAWANTLAL SHAH, VIPULKUMAR VITTHALBHAI PATEL, JAGRUTKUMAR RAMESHBHAI PATEL
- 26 May 20264 of 4 present3 independent · 24 days in between
- 1 May 20264 of 4 present3 independent · 90 days in between
- 30 Jan 20264 of 4 present3 independent
Nomination and remuneration committee
Chair NEHA MAULIK SONI
VIPULKUMAR VITTHALBHAI PATEL, PIYUSH JASHAWANTLAL SHAH
- 13 Mar 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair NEHA MAULIK SONI
PIYUSH JASHAWANTLAL SHAH, VIPULKUMAR VITTHALBHAI PATEL
- 13 Mar 20263 of 3 present3 independent
Corporate Social Responsibility Committee
Chair SAURABH AMRUTBHAI PATEL
JAGRUTKUMAR RAMESHBHAI PATEL, VIPULKUMAR VITTHALBHAI PATEL
- 13 Mar 20263 of 3 present1 independent
Independent Director's Committee
Chair NEHA MAULIK SONI
PIYUSH JASHAWANTLAL SHAH, VIPULKUMAR VITTHALBHAI PATEL
No meeting listed in the filing.
Independent Director's Meeting
- 13 Mar 20263 of 3 present3 independent
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.
- Dhirubhai Shah & Co. LLPPeer-review certificate valid to Nov 2028
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.
Scoda Tubes 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.Scoda Tubes share news and announcements
Annual general meeting, 26 Sep 2026
25,645 shareholders on the register on 19 Sep 2026; present: 9 promoters and 33 others; votes counted by Anand S. Lavingia / M/S. PRASAD AND PARTNERS LLP (Formerly known as M/S. ALAP & CO. LLP).The company's voting result (opens in a new tab)
Ordinary Resolution to receive, consider and adopt the Audited Financial Statement of the Company for the financial year ended on March 31, 2026 together with the Reports of Board of Directors and the Auditor thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 67.01% · promoters 100.00% · institutions 0.15% · other public 2.24%
- Ordinary Resolution to appoint a Director in place of Mr. Samarth Bharatbhai Patel (DIN: 08036100), Chairman and Whole-Time Director who retires by rotation and being eligible, seeks re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.52%
Turnout: all 67.01% · promoters 100.00% · institutions 0.15% · other public 2.24%
- Special Resolution for approval for enhancement of borrowing limits of the company under section 180(1)(c) of the Companies Act, 2013.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.52%
Turnout: all 67.01% · promoters 100.00% · institutions 0.15% · other public 2.24%
- Special Resolution for approval for mortgage, sell, lease or dispose off the assets of the company under section 180(1)(a) of the Companies Act, 2013.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 67.01% · promoters 100.00% · institutions 0.15% · other public 2.24%
- Special Resolution for Increasing the limits to make Loans or Investments and to Give Guarantees or to provide Security in connection with a Loan made under Section 186 of Companies Act, 2013.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.52%
Turnout: all 67.01% · promoters 100.00% · institutions 0.15% · other public 2.24%
- Special Resolution for Revision in Remuneration payable to Mr. Jagrutkumar Rameshbhai Patel (DIN: 06785595), Managing Director of the Company.Special99.68% for0.32% against
Against: promoters 0.00% · institutions 0.00% · other public 37.22%
Turnout: all 67.01% · promoters 100.00% · institutions 0.15% · other public 2.24%
- Special Resolution for Revision in Remuneration payable to Mr. Samarth Bharatbhai Patel (DIN: 08036100), Chairman and Whole-Time Director of the Company.Special99.68% for0.32% against
Against: promoters 0.00% · institutions 0.00% · other public 37.22%
Turnout: all 67.01% · promoters 100.00% · institutions 0.15% · other public 2.24%
- Special Resolution for Revision in Remuneration payable to Mr. Saurabh Amrutbhai Patel (DIN: 07627068), Executive Director of the Company.Special99.68% for0.32% against
Against: promoters 0.00% · institutions 0.00% · other public 37.22%
Turnout: all 67.01% · promoters 100.00% · institutions 0.15% · other public 2.24%
- Special Resolution To alter the articles of association of the company by insertion of new article 121 relating to "marking of specified securities as non-transferable pursuant to applicable laws.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 67.01% · promoters 100.00% · institutions 0.15% · other public 2.24%
- Ordinary Resolution to Approve Related Party Transactions with Mr. Ravi Patel, CFO of the company.OrdinaryPromoters have an interest in it60.90% for39.10% against
Against: promoters 0.00% · institutions 0.00% · other public 39.95%
Turnout: all 0.58% · promoters 0.00% · institutions 0.15% · other public 2.24%
- Ordinary Resolution to Approve Related Party Transactions with Mr. Vipul Patel, President of the company (SMP).OrdinaryPromoters have an interest in it60.90% for39.10% against
Against: promoters 0.00% · institutions 0.00% · other public 39.95%
Turnout: all 0.58% · promoters 0.00% · institutions 0.15% · other public 2.24%
- Ordinary Resolution to Approve Related Party Transactions with Mr. Nisarg Rameshbhai Patel, Vice President – Sales & Business Development Position of the company.OrdinaryPromoters have an interest in it60.93% for39.07% against
Against: promoters 0.00% · institutions 0.00% · other public 39.92%
Turnout: all 0.58% · promoters 0.00% · institutions 0.15% · other public 2.24%
- Ordinary Resolution to approve the expenses for service of documents to members.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 67.01% · promoters 100.00% · institutions 0.15% · other public 2.24%
Ordinary Resolution To ratify the remuneration payable to the Cost Auditor appointed by the Board of Directors of the Company for the financial year 2026-27 pursuant to Section 148 and all other applicable provisions of Companies Act, 2013.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 67.01% · promoters 100.00% · institutions 0.15% · other public 2.24%
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.
Annual general meeting, 29 Sep 2025, 5 resolutions
27,747 shareholders on the register on 22 Sep 2025; present: 18 promoters and 35 others; votes counted by ANAND LAVINGIA / ALAP & CO. LLP.The company's voting result (opens in a new tab)
Ordinary resolution to receive, consider and adopt the Audited Financial Statement of the Company for the financial year ended on March 31, 2025 together with the Reports of Board of Directors and the Auditor thereonMoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.65%
Turnout: all 67.86% · promoters 100.00% · institutions 5.72% · other public 3.58%
- Ordinary resolution to appoint a Director in place of Mr. Jagrutkumar Rameshbhai Patel (DIN: 06785595), Managing Director who retires by rotation and being eligible, seeks re-appointmentOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.75%
Turnout: all 67.86% · promoters 100.00% · institutions 5.72% · other public 3.58%
Ordinary resolution for an 3. Appointment of M/s. ALAP & Co LLP, Company Secretaries (Firm registration number: L2023GJ0 13900) as the Secretarial Auditors of the Company for a term of 5 consecutive years and to fix their remunerationMoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.65%
Turnout: all 67.86% · promoters 100.00% · institutions 5.72% · other public 3.58%
- Special resolution for Change in designation cum appointment of Mr. Saurabh Amrutbhai Patel (DIN: 07627068) as Executive Director of the companySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.81%
Turnout: all 67.86% · promoters 100.00% · institutions 5.72% · other public 3.58%
Ordinary resolution to ratify the remuneration payable to the Cost Auditor appointed by the Board of Directors of the Company for the financial year 2025-26 pursuant to Section 148 and all other applicable provisions of Companies Act, 2013MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.69%
Turnout: all 67.86% · promoters 100.00% · institutions 5.72% · other public 3.58%
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 Jun 2026. 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 2024 | 55.00 | Capital expenditure towards expanding production capacity of seamless and welded tubes and pipes machinery and civil work General Corporate Purposes issue related expenses | 55.00 | 55.00 | No |
| Public IssuesJun 2025, checked by CRISIL RATINGS LIMITED | 220.00 | Capital Expenditure towards expanding Production capacity of seamless and welded tubes and pipes | 76.99 | 62.48 | No |
| Public IssuesJun 2025, checked by CRISIL RATINGS LIMITED | 220.00 | Funding the part incremental working capital requirements of our company | 110.00 | 79.59 | No |
| Public IssuesJun 2025, checked by CRISIL RATINGS LIMITED | 220.00 | General Corporate Purpose | 13.74 | 11.79 | No |
| Public IssuesJun 2025, checked by CRISIL RATINGS LIMITED | 220.00 | Offer related expenses | 19.27 | 19.27 | No |