SMT Engineering MD, chairman, board of directors and AGM
BSE: 538563Commercial Services & SuppliesSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹300.00.
- Under BSE's long-term additional surveillance, stage I, on the list for 22 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- 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.
- ₹515 Cr1,712th 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 13 Aug 2026
- 21.0
- 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
- 4.3
- 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 13 Aug 2026
- 26.8%
- 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 13 Aug 2026
- 20.9%
- 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 29 May 2026
- 0.67
- Volume, BSEVolume. Shares traded on the last trading day.
- 447
SMT Engineering 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
- Managing directorAjay Jaiswal
- ChairpersonAshok Jaiswal
6 directors3 independent2 executive1 non-executive
- Ajay Jaiswal · Managing directorExecutive · joined Mar 2025 · reappointed May 2025 · 16 months as independent · 1 listed board · 1 committee seat
- Vishal JaiswalExecutive · joined Mar 2025 · reappointed May 2025 · 16 months as independent · 1 listed board
- Ashok Jaiswal · ChairpersonNon-executive · joined Mar 2025 · reappointed May 2025 · 16 months as independent · 1 listed board
- Abhishek KanungoIndependent · joined Oct 2025 · 9 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
- Rajendra SaxenaIndependent · joined Oct 2025 · 9 months as independent · 1 listed board · 1 as independent · 3 committee seats
- Varsha Ravindra BhadoriyaIndependent · joined Oct 2025 · 9 months as independent · 1 listed board · 1 as independent · 3 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.
7 directors who left
- Yogesh Arvindbhai Bhuva, left 3 Oct 2025: Others
- Deepak Vyas, left 3 Oct 2025: Others
- Mitwa Nayan Shah, left 3 Oct 2025: Others
- Suchita Chhawchharia, left 7 Mar 2025: Others
- Aritra Basu, left 7 Mar 2025: Others
- Manish Khaitan, left 7 Mar 2025: Others
- Sundar Lal Mohta, left 7 Mar 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 29 May 20266 of 6 present3 independent · 22 days in between
- 6 May 20266 of 6 present3 independent · 69 days in between
- 25 Feb 20266 of 6 present3 independent · 12 days in between
- 12 Feb 20266 of 6 present3 independent · 1 day in between
1 earlier meeting
- 10 Feb 20266 of 6 present3 independent
Audit Committee
Chair Abhishek Kanungo
Rajendra Saxena, Varsha Ravindra Bhadoriya
- 29 May 20263 of 3 present3 independent · 22 days in between
- 6 May 20263 of 3 present3 independent · 69 days in between
- 25 Feb 20263 of 3 present3 independent · 12 days in between
- 12 Feb 20263 of 3 present3 independent
Nomination and remuneration committee
Chair Abhishek Kanungo
Rajendra Saxena, Varsha Ravindra Bhadoriya
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair Abhishek Kanungo
Rajendra Saxena, Varsha Ravindra Bhadoriya
- 29 May 20263 of 3 present3 independent · 105 days in between
- 12 Feb 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.
- Anil Kamal Garg & CompanyPeer-review certificate valid to Sep 2026
1 earlier auditor
- NKSJ & 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.
SMT Engineering 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.SMT Engineering share news and announcements
Annual general meeting, 30 Sep 2026
1,011 shareholders on the register on 23 Sep 2026; present: 6 promoters and 22 others; votes counted by SOUMYA BUMB / SOUMYA BUMB & ASSOCIATES.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements for the Financial Year ended 31st March, 2026, together with Directors' Report, Statutory Auditors' Report, Secretarial Auditors' Report.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 79.33% · promoters 100.00% · institutions 0.00% · other public 36.51%
- To receive, consider and adopt the Audited Consolidated Financial Statements for the Financial Year ended 31st March, 2026, along with the Auditors' Report thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 79.33% · promoters 100.00% · institutions 0.00% · other public 36.51%
- To appoint a director in place of Mr. Vishal Jaiswal, who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 79.33% · promoters 100.00% · institutions 0.00% · other public 36.51%
Increase in Authorised Share Capital of the Company, from existing Rs. 18,10,00,000 (Rupees Eighteen Crore Ten Lakhs only) divided into 1,81,00,000 equity shares of Rs. 10/- (Rupees Ten only) to Rs. 19,10,00,000 (Rupees Nineteen Crore Ten Lakhs only) divided into 1,91,00,000 equity shares of Rs. 10/- (Rupees Ten only) each ranking pari passu in all respect with the existing Equity Shares of the Company as per the Memorandum and Articles of Association of the Company.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 79.33% · promoters 100.00% · institutions 0.00% · other public 36.51%
To consider and approve issue of upto 1,42,858 (one lakh, forty two thousand, eight hundred and fifty eight only) share warrants, each convertible into, or exchangeable for, one equity share of the company within the period of 18 (eighteen months) to the identified promoters on preferential basis.MoreLess
SpecialPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 79.33% · promoters 100.00% · institutions 0.00% · other public 36.51%
- To approve material related party transactions between Material Subsidiary, M/s Sai Machine Tools Private Limited and M/s Prakhar Industries.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 79.33% · promoters 100.00% · institutions 0.00% · other public 36.51%
- To approve material related party transactions between Subsidiary, M/s Chemerix Life Sciences Private Limited and M/s Prakhar Industries.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 79.33% · promoters 100.00% · institutions 0.00% · other public 36.51%
- To consider and ratify the material related party transactions between Material Subsidiary, M/s Sai Machine Tools Private Limited with M/s SMT Plast.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 79.33% · promoters 100.00% · institutions 0.00% · other public 36.51%
- To consider and ratify the material related party transactions between Material Subsidiary, M/s Sai Machine Tools Private Limited with M/s Prakhar Industries.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 79.33% · promoters 100.00% · institutions 0.00% · other public 36.51%
- To consider and ratify the material related party transactions between Material Subsidiary, M/s Sai Machine Tools Private Limited with M/s Softcare Solutions.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 79.33% · promoters 100.00% · institutions 0.00% · other public 36.51%
- To consider and ratify the material related party transactions between Material Subsidiary, M/s Sai Machine Tools Private Limited with Mr. Ajay Jaiswal.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 79.33% · promoters 100.00% · institutions 0.00% · other public 36.51%
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.
Fines
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyBSE LimitedSince 22 Jun 2026
BSE levied Fine of Rs. 42,000/- plus GST, payable by the company as on June 22,2026 and the fine of Rs. 2,000 perday will continue to be computed till the time of rectification of the non-compliance.
Non-submission of the secretarial compliance report within the prescribed timeline for the financial year ended March 31, 2026 under Regulation 24A(2) of the SEBI (LODR) Regulations, 2015. Company has submitted the secretarial compliance report on July 17, 2026.MoreLess
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 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
- Yes
- 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 IssuesFeb 2026 | 34.88 | SAI Machine Tools Private Limited (Wholly Owned Subsidiary): Setting up of new manufacturing units and procurement of plant and machineries | 11.44 | 11.44 | No |
| Preferential IssuesFeb 2026 | 34.88 | Chemerix Life Sciences Private Limited (Step-down Subsidiary): Setting up of new manufacturing units and procurement of plant and machineries. | 23.44 | 23.44 | No |
| Preferential IssuesFeb 2026 | 34.88 | General Corporate Purposes: Up to Rs. 10,00,000/- of the Issue Proceeds will be utilized for general corporate purposes, which includes, inter alia, meeting ongoing general corporate exigencies and contingencies, expenses of the Company, as applicable, in such a manner and proportion as may be decided by the Board from time to time, and/or any other general purposes as may be permissible under applicable laws. | 0.10 | 0.00 | No |