Sobhagya Mercantile MD, chairman, board of directors and AGM
BSE: 512014Commercial Services & SuppliesSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹1,363.90.
- 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.
- ₹1,348 Cr1,648th 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 14 Aug 2026
- 65.8
- 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.
- Shares changed
- 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 14 Aug 2026
- 15.0%
- 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 14 Aug 2026
- 14.2%
- 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
- 0.11
- Volume, BSEVolume. Shares traded on the last trading day.
- 4,463
Sobhagya Mercantile 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 directorSHRIKANT MITESH BHANGDIYA
- ChairpersonSONAL KIRTIKUMAR BHANGDIYARelated to the promoter
4 directors2 independent1 executive1 non-executive
- SHRIKANT MITESH BHANGDIYA · Managing directorExecutive · joined Aug 2019 · 1 listed board · 2 committee seats
- SONAL KIRTIKUMAR BHANGDIYA · ChairpersonNon-executive · joined Aug 2019 · 1 listed board
- PRASHANT KUMAR LAHOTIIndependent · joined Sep 2019 · reappointed Sep 2024 · 81 months as independent · 1 listed board · 1 as independent · 2 committee seats
- RUPESH PRAKASH MALPANIIndependent · joined Aug 2024 · 22 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
- 3 Jun 20264 of 4 present2 independent · 4 days in between
- 29 May 20264 of 4 present2 independent · 62 days in between
- 27 Mar 20264 of 4 present2 independent · 3 days in between
- 23 Mar 20264 of 4 present2 independent · 11 days in between
3 earlier meetings
- 11 Mar 20264 of 4 present2 independent · 25 days in between
- 13 Feb 20264 of 4 present2 independent · 38 days in between
- 5 Jan 20264 of 4 present2 independent
Audit Committee
Chair RUPESH PRAKASH MALPANI
SHRIKANT MITESH BHANGDIYA, PRASHANTKUMAR LAHOTI
- 29 May 20263 of 3 present2 independent · 66 days in between
- 23 Mar 20263 of 3 present2 independent · 37 days in between
- 13 Feb 20263 of 3 present2 independent · 38 days in between
- 5 Jan 20263 of 3 present2 independent
Nomination and remuneration committee
Chair RUPESH PRAKASH MALPANI
SONAL KIRTIKUMAR BHANGDIYA, PRASHANTKUMAR LAHOTI
- 29 May 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair RUPESH PRAKASH MALPANI
SHRIKANT MITESH BHANGDIYA, PRASHANTKUMAR LAHOTI
- 13 Feb 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair SHRIKANT MITESH BHANGDIYA
PRASHANTKUMAR LAHOTI, RUPESH PRAKASH MALPANI
- 29 May 20263 of 3 present2 independent · 104 days in between
- 13 Feb 20263 of 3 present2 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.
- JOSHI & SHAHPeer-review certificate valid to May 2028
1 earlier auditor
- M/s Joshi & ShahNamed 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.
Sobhagya Mercantile 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.Sobhagya Mercantile share news and announcements
Annual general meeting, 29 Sep 2026
1,441 shareholders on the register on 22 Sep 2026; present: 5 promoters and 20 others; votes counted by PARAG DASARWAR / PDTS & ASSOCIATES, COMPANY SECRETARIES.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31st March 2026, together with the Reports of the Board of Directors' and Auditors' thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.58% · promoters 100.00% · institutions 32.54% · other public 48.23%
- To appoint a director in place of Mrs. Sonal Kirtikumar Bhangdiya (DIN: 03416775), who retires by rotation and being eligible, offers herself 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 15.17% · promoters 0.00% · institutions 32.54% · other public 44.12%
- Ratification of Remuneration of Cost Auditor.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.75% · promoters 100.00% · institutions 32.54% · other public 44.12%
- Appointment of Mrs. Aarti Shrikant Bhangdiya (DIN-03407301) as a Non-Executive Non- Independent Director of the CompanyOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 15.17% · promoters 0.00% · institutions 32.54% · other public 44.12%
- Approval for payment of remuneration to Non-Executive Directors of the Company.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 15.17% · promoters 0.00% · institutions 32.54% · other public 44.12%
- Approval of charges for the service of documents to the shareholders.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.75% · promoters 100.00% · institutions 32.54% · other public 44.12%
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 and stakes in unlisted companies
Reported in the filing for the quarter to Jun 2026.
- Unlisted stake boughtVadakhol Asoli Mining Private LimitedSince 25 Apr 2026
60.00% bought in the quarter; holding 60.00%, from 0.00%
- Fine or penaltyAssistant Commissioner, CGST & C. Ex Division - VIII Mumbai SouthSince 4 Mar 2025
Order-In-Original of Centralized SCN No. 50/AC/Scrutiny 20-21/SOBHAGYA/D8R5/2024-25, Order Passed by the Proper Officer of CGST Act 2017 under section 73 sub section 1 and imposed the penalty under the same provisions
a)Excess ITC amounting to Rs. 27,27,113/- avaialed by the company From April 2020 to March 2021 as violation under section 16 of CGST Act 2017 b) Excess (Block) ITC amounting to Rs. 1,62,928/- availed by the company as violation under section 16 and 17 of CGST Act 2017 c) Excess ITC under RCM amounting to Rs. 20,41,461/- availed by Taxpayer for the period from April 2020 to March 2021 as violation under section 16 of CGST Act 2017 d) Interest Amounting tp Rs. 50780/- payable by the company on account of late payment GST Liability as violation under section 50 not paid from April 2020 to March 2021 e) Late fees amounting to Rs. 68050/- Payable by the Taxpayer for the period from April 2020 to March 2021 as violation under section 47 and section 50 of CGST Act 2017MoreLess
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
- No
- The board has a regular chairperson
- No
- 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 IssuesMar 2026 | 87.75 | Investment in promotor group SPVs (HAM Road Project) | 75.77 | 18.94 | No |
| Preferential IssuesMar 2026 | 87.75 | General Corporate Purpose working capital | 11.98 | 3.00 | No |