Forbes Precision Tools and Machine Parts MD, chairman, board of directors and AGM
BSE: 544186Industrial ManufacturingSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹136.10.
- Next results date: the board meets on 28 Oct 2026 to consider: quarterly results.
- 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.
- ₹684 Cr1,680th 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
- 20.1
- 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 7 May 2026
- 4.1
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 3.77%
- 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
- 20.3%
- 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
- 24.1%
- 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 7 May 2026
- 0.09
- Volume, BSEVolume. Shares traded on the last trading day.
- 29,480
Forbes Precision Tools and Machine Parts 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
- ChairpersonMarzin Roomi Shroff
- Company Secretary and Compliance OfficerRupa Khanna
6 directors3 independent1 executive2 non-executive
- Marzin Roomi Shroff · ChairpersonNon-executive · joined Apr 2024 · 1 listed board · 1 committee seat, 1 as chair
- Mahesh Chelaram TahilyaniExecutive · joined Mar 2024 · 2 listed boards · 4 committee seats
- Jai Laxmikant MavaniNon-executive · joined Mar 2024 · 2 listed boards
- Sivanandhan DhanushkodiIndependent · joined Mar 2024 · 30 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Rani Ajit JadhavIndependent · joined Mar 2024 · 30 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Nikhil Jaysinh BhatiaIndependent · joined Mar 2024 · 30 months as independent · 4 listed boards · 4 as independent · 6 committee seats, 5 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
- 12 Aug 20266 of 6 present3 independent · 96 days in between
- 7 May 20266 of 6 present3 independent
Audit Committee
Chair Nikhil Jaysinh Bhatia
Mahesh Chelaram Tahilyani, Sivanandhan Dhanushkodi
- 12 Aug 20263 of 3 present2 independent · 96 days in between
- 7 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Sivanandhan Dhanushkodi
Nikhil Jaysinh Bhatia, Marzin Roomi Shroff
- 12 Aug 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Marzin Roomi Shroff
Mahesh Chelaram Tahilyani, Rani Ajit Jadhav
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Sivanandhan Dhanushkodi
Mahesh Chelaram Tahilyani, Jai Laxmikant Mavani
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/s. Sharp & Tannan AssociatesPeer-review certificate valid to Apr 2028
1 earlier auditor
- Sharp & Tannan 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.
Forbes Precision Tools and Machine Parts 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.Forbes Precision Tools and Machine Parts dividend history
Postal ballot, 3 Oct 2026
17,058 shareholders on the register on 28 Aug 2026; votes counted by CS HARSHVARDHAN TARKAS / CS HARSHVARDHAN TARKAS.The company's voting result (opens in a new tab)
- Re-appointment of Mr. M.C. Tahilyani as Managing Director for a further period of three years and approval of his remunerationSpecial99.93% for0.07% against
Against: promoters 0.00% · institutions 100.00% · other public 35.79%
Turnout: all 74.00% · promoters 100.00% · institutions 0.02% · other public 0.90%
- Payment of Commission to Non- Executive DirectorsSpecial99.91% for0.09% against
Against: promoters 0.00% · institutions 0.00% · other public 52.74%
Turnout: all 73.98% · promoters 100.00% · institutions 0.02% · other public 0.81%
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, 12 Aug 2026, 3 resolutions
14,637 shareholders on the register on 5 Aug 2026; present: 2 promoters and 82 others; votes counted by HARSHVARDHAN TARKAS / HARSHVARDHAN TARKAS.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 (FY) ended March 31, 2026 together with the Report of the Board of Directors and the Auditor's Report thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 73.91% · promoters 100.00% · institutions 0.02% · other public 0.39%
- To appoint a Director in place of Mr. Jai Mavani (DIN: 05260191) who retires by rotation and being eligible, seeks re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 73.91% · promoters 100.00% · institutions 0.02% · other public 0.39%
- Ratification of remuneration to Cost AuditorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 73.91% · promoters 100.00% · institutions 0.02% · other public 0.39%
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.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 26 Jun 2025, 1 fund house
Appointment of M/s Makarand M Joshi and Co. Practicing Company Secretaries. (Firm Registration No. P2009MH007000), as Secretarial Auditors of the Company for a term of five (5) consecutive financial years commencing from F.Y 2025-2026 to F.Y 2029-2030 and fixing their remuneration.MoreLess
1 for0 againstRatification of remuneration of Rs. 2.50 Lakhs plus applicable taxes and out of pocket expenses payable to M/s. Kishore Bhatia and Associates, Cost Accountants (Firm Registration No. 00294), the Cost Auditor appointed by the Board of Directors of the Company, to conduct the audit of the cost accounts of the Company for the financial year ending March 31, 2026.MoreLess
1 for0 against- To appoint a Director in place of Mr. Marzin R. Shroff (DIN: 00642613), who retires by rotation and being eligible, seeks re-appointment.1 for0 against
- To consider and adopt the Audited Financial Statements of the Company for the Financial Year (F.Y) ended March 31, 2025 together with the Report of the Board of Directors and the Auditors thereon.1 for0 against
Mutual fund votes, meeting of 13 Jun 2025, 1 fund house
Payment and distribution of such sum by way of commission, not exceeding in aggregate, 1% per annum of the net profits of the Company for the financial year FY 2024-2025 to Non- Executive Directors of the Company, the quantum, proportion and manner of such payment and distribution to be made as the Board of Directors of the Company.MoreLess
1 for0 against
1 earlier meeting
Mutual fund votes, meeting of 25 Jul 2024, 1 fund house
Ratification of remuneration of Rs. 2.50 Lakhs plus applicable taxes and out of pocket expenses payable to M/s. Kishore Bhatia and Associates, Cost Accountants (Firm Registration No. 00294), the Cost Auditor appointed by the Board of Directors of the Company, to conduct the audit of the cost accounts of the Company for the financial year ending March 31, 2024.MoreLess
1 for0 againstRatification of remuneration of Rs. 2.50 Lakhs plus applicable taxes and out of pocket expenses payable to M/s. Kishore Bhatia and Associates, Cost Accountants (Firm Registration No. 00294), the Cost Auditor appointed by the Board of Directors of the Company, to conduct the audit of the cost accounts of the Company for the financial year ending March 31, 2025.MoreLess
1 for0 against- To appoint a Director in place of Mr. Jai Mavani (DIN: 05260191), who retires by rotation and being eligible, seeks re-appointment.1 for0 against
- To consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2024 together with the Report of the Board of Directors and the Auditors thereon.1 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
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
- No
- 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.