Vikram Thermo (India) MD, chairman, board of directors and AGM
BSE: 530477Chemicals & PetrochemicalsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹336.10.
- 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.
- Next results date: the board meets on 4 Nov 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.
- ₹978 Cr1,831st 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 11 Aug 2026
- 22.3
- 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 27 May 2026
- 6.2
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.40%
- 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 11 Aug 2026
- 31.5%
- 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 11 Aug 2026
- 35.6%
- 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 27 May 2026
- 0.03
- Volume, BSEVolume. Shares traded on the last trading day.
- 72,274
Vikram Thermo (India) 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 directorDHIRAJLAL KARSANBHAI PATEL
- Company Secretary and Compliance OfficerMAHESHKUMAR KANTILAL SHAH
6 directors3 independent3 executive
- DHIRAJLAL KARSANBHAI PATEL · Chairperson and managing directorExecutive · joined Sep 2009 · reappointed Sep 2023 · 1 listed board · 1 committee seat
- DINESHKUMAR HARJIVANBHAI PATELExecutive · joined Mar 2009 · reappointed Sep 2021 · 1 listed board
- VIPULKUMAR VITTHALBHAI PATELIndependent · joined May 2019 · reappointed Sep 2023 · 77 months as independent · 1 listed board · 1 as independent
- ANKUR DHIRAJLAL PATELExecutive · joined Feb 2016 · reappointed Sep 2021 · 1 listed board
- DINESHKUMAR DAHYALAL MISTRYIndependent · joined Aug 2024 · reappointed Sep 2024 · 16 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- AANAL PARTH SAFIIndependent · joined Aug 2024 · reappointed Sep 2024 · 16 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 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
- 11 Aug 20265 of 6 present2 independent · 76 days in between
- 26 May 20266 of 6 present3 independent
Audit Committee
Chair DINESHKUMAR DAHYALAL MISTRY
AANAL PARTH SAFI, DHIRAJLAL KARSANBHAI PATEL
- 11 Aug 20263 of 3 present2 independent · 76 days in between
- 26 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair VIPULKUMAR VITTHALBHAI PATEL
DINESHKUMAR DAHYALAL MISTRY, AANAL PARTH SAFI
- 11 Aug 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair AANAL PARTH SAFI
DINESHKUMAR DAHYALAL MISTRY, ANKUR DHIRAJLAL PATEL
- 30 Sep 20263 of 3 present2 independent · 91 days in between
- 30 Jun 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair DINESHKUMAR DAHYALAL MISTRY
DHIRAJLAL KARSANBHAI PATEL, AANAL PARTH SAFI
- 11 Aug 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 Jun 2026.
- J.T. SHAH AND COPeer-review certificate valid to Feb 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.
Vikram Thermo (India) 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.Vikram Thermo (India) dividend history
Annual general meeting, 29 Sep 2026
12,071 shareholders on the register on 22 Sep 2026; present: 26 promoters and 26 others; votes counted by ANISH BABUBHAI SHAH / A. SHAH & ASSOCIATES.The company's voting result (opens in a new tab)
To receive, consider and adopt the Financial Statements of the Company for the Financial year ended March 31, 2026, including the audited Balance Sheet as at March 31, 2026, the Statement of Profit and Loss for the year ended on that date and the reports of the Board of Directors ('the Board') and Auditors thereon.`MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 64.86% · promoters 95.96% · institutions 0.00% · other public 4.49%
- To Declare Dividend on equity shares as recommended by the Board of Directors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 64.86% · promoters 95.96% · institutions 0.00% · other public 4.49%
To appoint a Director in place Mr. Dhirajlal Karsanbhai Patel, (DIN: 00044350), Managing Director of the Company who retires by rotation, in terms of Section 152 (6) of the Companies Act, 2013, and being eligible, offers himself for reappointment.MoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 28.27% · promoters 40.52% · institutions 0.00% · other public 4.49%
- Reappointment of Mr. Dineshkumar Harjivanbhai Patel, Whole Time Director of The CompanyOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 49.11% · promoters 72.08% · institutions 0.00% · other public 4.49%
- Reappointment of Mr. Ankur Patel, Whole Time Director of The CompanyOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 39.28% · promoters 57.19% · institutions 0.00% · other public 4.49%
- Approval for Increase in Remuneration of Related Party of Mr. Vikalp Dhirajlal Patel - Head F&D, Relative of Mr. Dhirajlal Karsandas Patel, Managing Director of The CompanyOrdinaryPromoters have an interest in it99.94% for0.06% against
Against: promoters 0.00% · institutions 0.00% · other public 1.49%
Turnout: all 39.28% · promoters 57.19% · institutions 0.00% · other public 4.49%
- Ratification of Appointment and Payment of Remuneration To Cost Auditor For The Financial Year 2026-27Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 64.86% · promoters 95.96% · institutions 0.00% · other public 4.49%
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.