Debut Plus

₹7.23

▼ -0.38 -4.99%

As of 09 Sept 2026 · delayed

BSE Listed · Miscellaneous

ESM · ESM 1
What does ESM · ESM 1 mean?
BSE · Enhanced Surveillance Measure (ESM 1)ESM is the micro/small-cap ramp brake: it fires when a sub-₹1000cr stock's price variation is extreme versus its peer universe, or it's loss-making with a stretched valuation. Practical meaning: intraday speculation is shut off (Trade-for-Trade — every purchase must be taken to delivery), margins go to 100%, and at Stage II price discovery moves to periodic call auctions inside a 2% band.Criteria: Micro / small-cap companies (main-board market-cap below ₹500 cr) shortlisted on objective price parameters — high-low price variation, close-to-close price variation and standard deviation. Stage I = 100% margin + a ≤5% price band + Trade-for-Trade; Stage II = a 2% price band + periodic call auction.Exchange notice · 2026-08-17

Bhagawati Gas Limited (500051)

Volume: 12,991Avg Vol 1W: 29,350Avg Vol 1M: 60,27752W Range:₹0.79₹13.15
BSE www.bhagawatigases.com AI Report
Key Ratios
Checked 8h ago
Market Cap₹13 Cr
Current Price₹7.23
Previous Close₹7.61
High / Low (52w)₹13.15 / ₹0.79
Volume12,991
Avg Vol (1W)29,350
Avg Vol (1M)60,277
Stock P/E12.98
Book Value₹9.23
Dividend Yield0%
ROE6.55%
ROA5.51%
Revenue (TTM)—
Revenue Growth—
Profit Margin594.12%
Total Debt—
Shares Outstanding2 Cr
Face Value₹2
EPS (TTM)₹0.6
P/B0.84
Debt / Equity0.13
50 DMA₹10.57
200 DMA—
Day change-4.99%
SurveillanceESM · ESM 1
Price Chart
₹7.23▲ 781.71% · 1Y
₹13₹13.9L
2026-02-26
2026-09-09

20-day avg volume: 66K shares

Pros
  • Company is almost debt-free.
  • Revenue grew 15% YoY.
  • Stock trades below its book value.
Quarterly Results
MetricSept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Revenue₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
EBITDA₹0 Cr₹2 Cr₹-1 Cr₹0 Cr₹0 Cr₹0 Cr₹2 Cr₹0 Cr
Net Profit₹0 Cr₹2 Cr₹-1 Cr₹0 Cr₹0 Cr₹0 Cr₹2 Cr₹0 Cr
EPS————————
Profit & Loss (Annual)
MetricSept 2024Dec 2024Mar 2025Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹0 Cr₹0 Cr₹13 Cr₹4 Cr₹0 Cr₹0 Cr₹16 Cr₹18 Cr
EBITDA₹0 Cr₹2 Cr₹4 Cr₹1 Cr₹0 Cr₹0 Cr₹-1 Cr₹9 Cr
Net Profit₹0 Cr₹2 Cr₹3 Cr₹0 Cr₹0 Cr₹0 Cr₹-1 Cr₹2 Cr
EPS———0.1————
Balance Sheet
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets₹24 Cr₹20 Cr₹20 Cr₹17 Cr₹18 Cr₹19 Cr₹19 Cr₹21 Cr
Total Liabilities₹7 Cr₹4 Cr₹5 Cr₹4 Cr₹4 Cr₹4 Cr₹5 Cr₹7 Cr
Equity₹16 Cr₹16 Cr₹15 Cr₹13 Cr₹14 Cr₹15 Cr₹15 Cr₹15 Cr
Total Debt————————
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating₹-2 Cr₹-2 Cr₹-3 Cr₹0 Cr₹-2 Cr
Investing₹1 Cr₹3 Cr₹1 Cr₹1 Cr₹1 Cr
Financing₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹2 Cr
Free Cash Flow₹-2 Cr₹-2 Cr₹-3 Cr₹0 Cr₹-2 Cr
Shareholding
Promoter 34.23% Institutions 0.15% Public 65.62%
Efficiency & Working Capital
ROCE7.9%
Interest Coverage3.8
Dividend Payout—
Debtor Days—
Inventory Days—
Payable Days—
Cash Conversion Cycle—
Working Capital Days—
Shareholding Details

As of 2026-06-30

Promoter34.2%
FII0%
DII0.2%
Institutions0.2%
Public65.6%
Promoter Pledge0%
No. of Shareholders22,678
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters34.2%34.2%34.2%34.2%34.2%34.2%34.2%34.2%34.2%34.2%34.2%34.2%
FIIs0%0%0%0%0%0%0%0%0%0%0%0%
DIIs0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%0.2%
Public65.6%65.6%65.6%65.6%65.6%65.6%65.6%65.6%65.6%65.6%65.6%65.6%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders22,89122,88822,88322,88422,88022,88022,88022,87722,87822,87722,81422,678
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503————
Major Shareholders (>1%)
NameCategoryStakeShares
Rakesh Samrat BhardwajShareholding of Promoter and Promoter Group14%23,47,610
Bhagawati Steel Pvt LtdShareholding of Promoter and Promoter Group6.2%10,40,600
Shachi BhardwajShareholding of Promoter and Promoter Group5.8%9,77,600
Air Liquide India Holding Pvt. Ltd.Public Shareholding4.7%7,84,400
Himanshu SharmaShareholding of Promoter and Promoter Group2.7%4,49,363
Prem Lata DagaPublic Shareholding1.5%2,50,000
Ramrup SharmaShareholding of Promoter and Promoter Group1%1,71,810
Sarbati Devi SharmaShareholding of Promoter and Promoter Group0.9%1,46,450
Bhagawati Oxygen LimitedShareholding of Promoter and Promoter Group0.5%90,000
S K Steels Pvt LtdShareholding of Promoter and Promoter Group0.5%81,900
Blue Cross Services Pvt LtdShareholding of Promoter and Promoter Group0.4%70,000
Suresh Kumar SharmaShareholding of Promoter and Promoter Group0.4%64,650
B.p. BhardwajShareholding of Promoter and Promoter Group0.3%50,100
Ngp Industries Pvt LtdShareholding of Promoter and Promoter Group0.3%50,000
Lavino Portfolios Pvt LtdShareholding of Promoter and Promoter Group0.2%40,000
Padmaja BhardwajShareholding of Promoter and Promoter Group0.2%34,300
Kanta Devi BhardwajShareholding of Promoter and Promoter Group0.2%33,410
Vivek SharmaShareholding of Promoter and Promoter Group0.2%24,400
Bhagawati International Pvt LtdShareholding of Promoter and Promoter Group0.2%25,000
Dyuman BhardwajShareholding of Promoter and Promoter Group0.1%14,000
Tara Devi SharmaShareholding of Promoter and Promoter Group0.1%11,700
Suman SharmaShareholding of Promoter and Promoter Group0%6,000
Shashi SharmaShareholding of Promoter and Promoter Group0%1,000
Gokula Nanda MukherjeeShareholding of Promoter and Promoter Group0%500
Murlidhar GuptaShareholding of Promoter and Promoter Group0%10
Board of Directors
NameDesignationYear
Rakesh S BhardwajChairman / Executive Director / Managing Director2025
Shachi BhardwajNon Executive Director2025
Nawal Kishor JoshiNon Executive Director2025
Narendra Kumar AgarwalIndependent Non Exe. Director2025
Vijay GuptaIndependent Non Exe. Director2025
SUMEET KUMARIndependent Non Exe. Director2025
Nidhi BabbarCompany Sec. & Compli. Officer2025
Segments — Product
SegmentRevenueShare
Cleaning of water bodies (Water Tre₹0 Cr76.4%
Trading of Oxygen Genrator Machine₹0 Cr23.6%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹10251717
Corporate Actions
TypeDateValueRemark
forthcoming2026-08-14Board Meetings—
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2025000112
2025000011
2025000000
Company Information
Incorporated1974
ChairmanRakesh S Bhardwaj
AuditorJain Paras Bilala & Co
Investor Email[email protected]
🌐 www.bhagawatigases.com ↗

📍 Banawas, Khetrinagar, Jhunjhunun, Rajasthan, 333504

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