Debut Plus

₹41.87

▼ -2.12 -4.82%

As of 23 Oct 2026 · delayed

BSE Listed

GSM · GSM 1
What does GSM · GSM 1 mean?
BSE · Graded Surveillance Measure (GSM 1)GSM targets fundamentally weak companies whose price doesn't square with their financials (tiny net worth or negative/extreme P/E). Practical meaning: the exchange doubts the price is backed by the business. Stage 0 is a watchlist; each higher stage makes the stock progressively harder to trade — tighter bands, full upfront margin, weekly-only trading, and at Stage IV no upward price movement at all. Exiting requires a quarterly review finding the criteria no longer met.Criteria: Shortlisted on objective financial parameters — net worth, net fixed assets, price-to-earnings multiple and market capitalisation. Stage 0 = base surveillance watchlist (identified under GSM, no graded price restriction yet); Stages I–VI add escalating curbs (price band, 100% margin, periodic call auction, settlement on a gross/trade-for-trade basis, no upward price movement).Exchange notice · 2026-07-22

Rishabh Digha Steel & Allied Products Ltd. (531539)

Volume: 422Avg Vol 1W: 835Avg Vol 1M: 3,65252W Range:₹28.5₹46.17
Key Ratios
Checked 8h ago
Market Cap₹23 Cr
Current Price₹41.87
Previous Close₹43.99
High / Low (52w)₹46.17 / ₹28.5
Volume422
Avg Vol (1W)835
Avg Vol (1M)3,652
Stock P/E104.68
Book Value₹33.6
Dividend Yield0%
ROE133.08%
ROA97.77%
Revenue (TTM)—
Revenue Growth—
Profit Margin21.43%
Total Debt—
Shares Outstanding1 Cr
Face Value—
EPS (TTM)₹0.4
P/B1.25
Debt / Equity0.08
50 DMA₹39.27
200 DMA₹35.96
Day change-4.82%
SurveillanceGSM · GSM 1
Price Chart
₹41.87▲ 16.31% · 1Y
₹44₹3036K
2025-10-27
2026-10-23

20-day avg volume: 4K shares

Pros
  • Healthy return on equity of 133.1%.
  • Company is almost debt-free.
  • Net profit is growing year over year.
Cons
  • Stock trades at a high P/E of 105.
Quarterly Results
MetricSept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Revenue₹0 Cr₹0 Cr₹1 Cr₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹0 Cr
EBITDA₹0 Cr₹-1 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Net Profit₹0 Cr₹-1 Cr₹1 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
EPS————————
Profit & Loss (Annual)
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue₹4 Cr₹3 Cr₹1 Cr₹0 Cr₹0 Cr₹16 Cr₹2 Cr₹2 Cr
EBITDA₹2 Cr₹1 Cr₹0 Cr₹0 Cr₹0 Cr₹15 Cr₹0 Cr₹1 Cr
Net Profit₹1 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹12 Cr₹0 Cr₹0 Cr
EPS2.550.73-0.4-0.79-0.8421.040.110.68
Balance Sheet
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets₹9 Cr₹8 Cr₹8 Cr₹8 Cr₹8 Cr₹21 Cr₹19 Cr₹21 Cr
Total Liabilities₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹1 Cr₹3 Cr₹1 Cr₹3 Cr
Equity₹9 Cr₹8 Cr₹7 Cr₹7 Cr₹7 Cr₹18 Cr₹18 Cr₹18 Cr
Total Debt————————
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating₹1 Cr₹-1 Cr₹0 Cr₹14 Cr₹-1 Cr₹-1 Cr
Investing₹-1 Cr₹1 Cr₹0 Cr₹-12 Cr₹4 Cr₹-2 Cr
Financing₹0 Cr₹0 Cr₹0 Cr₹2 Cr₹-3 Cr₹3 Cr
Free Cash Flow₹1 Cr₹-1 Cr₹0 Cr₹14 Cr₹-1 Cr₹-1 Cr
Shareholding
Promoter 74.31% Institutions 0% Public 25.69%
Efficiency & Working Capital
ROCE3.2%
Interest Coverage9.7
Dividend Payout—
Debtor Days—
Inventory Days—
Payable Days—
Cash Conversion Cycle—
Working Capital Days—
Shareholding Details

As of 2026-09-30

Promoter74.3%
FII0%
DII0%
Institutions0%
Public25.7%
Promoter Pledge0%
No. of Shareholders2,052
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodDec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026Sept 2026
Promoters74.1%74.1%74.3%74.3%74.3%74.3%74.3%74.3%74.3%74.3%74.3%74.3%
FIIs0%0%0%0%0%0%0%0%0%0%0%0%
DIIs0%0%0%0%0%0%0%0%0%0%0%0%
Public25.9%25.9%25.7%25.7%25.7%25.7%25.7%25.7%25.7%25.7%25.7%25.7%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders1,8251,8321,9032,0432,1552,1012,1712,1872,1942,1442,1142,052
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202603————
Major Shareholders (>1%)
NameCategoryStakeShares
Digha Steel Industries Private LimitedShareholding of Promoter and Promoter Group23.5%12,88,724
Dhan Financial Services P. LtdShareholding of Promoter and Promoter Group23%12,63,304
Kumud Ashok MehtaShareholding of Promoter and Promoter Group6.7%3,65,645
Ashok Maganlal MehtaShareholding of Promoter and Promoter Group6%3,28,044
Yash Ashok MehtaShareholding of Promoter and Promoter Group5%2,75,166
Ashok Maganlal Mehta Huf .Shareholding of Promoter and Promoter Group4.8%2,62,189
Bhavin BataviaPublic Shareholding3.5%1,90,232
Kunal Balvantrai DoshiPublic Shareholding2.8%1,51,461
Saurabh Bharatbhai Mehta Huf .Shareholding of Promoter and Promoter Group2.7%1,47,393
Namrata Saurabh MehtaShareholding of Promoter and Promoter Group2.7%1,46,236
Beena Mehul KhokhaniPublic Shareholding2.5%1,36,073
Manju Kunal DoshiPublic Shareholding1.6%89,179
Ashoka Sheet Processors Private LimitedShareholding of Promoter and Promoter Group0%0
Board of Directors
NameDesignationYear
Ashok M MehtaChairman / Executive Director / Managing Director2025
Kumud A. MehtaExecutive Director / Whole Time Director / CFO2025
Jigar Rajendra ShethIndependent Non Exe. Director2025
Hardik Pravinbha I MakwanaIndependent Non Exe. Director2025
Krishna Kumar Omprakash DubeyNon-Exec & Non-Independent Dir2025
Aagvi C. BotadraCompany Sec. & Compli. Officer2025
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2026₹10965
Corporate Actions
TypeDateValueRemark
forthcoming2026-08-14Board Meetings—
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2026000000
2026000000
2026000000
Substantial Acquisitions (SAST)

1 disclosure(s)

Market10/06/2024 · 10,112
Company Information
Incorporated1991
ChairmanAshok M Mehta
AuditorBilimoria Mehta and Co
Investor Email[email protected]
🌐 www.rishabhdighasteel.com ↗

📍 C-17/2 MIDC Industrial Area, Taloja, Raigad, Maharashtra, 410208

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