Debut Plus

10.44

+0.01 +0.10%

10 Sept 2026

BSE Listed

GSM · GSM 0
What does GSM · GSM 0 mean?
BSE · Graded Surveillance Measure (GSM 0)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).

Delta Industrial Resources Ltd. (539596)

Volume: 1Avg Vol 1W: 598Avg Vol 1M: 1,98352W Range:9.9517.85
Market Cap₹6 Cr
Current Price₹10.44
Previous Close₹10.43
High / Low (52w)₹17.85 / ₹9.95
Volume1
Avg Vol (1W)598
Avg Vol (1M)1,983
Stock P/E
Book Value₹8.72
Dividend Yield0%
ROE-81.36%
ROA-166.32%
Revenue (TTM)
Revenue Growth
Profit Margin0%
Total Debt
Shares Outstanding1 Cr
Face Value
EPS (TTM)₹0
P/B1.2
Debt / Equity0
50 DMA₹11.07
200 DMA₹12.76
Day change+0.10%
SurveillanceGSM · GSM 0
Price Chart
10.44 25.43% · 1Y
16101.2L
2025-09-10
2026-09-10

20-day avg volume: 2K shares

Pros
  • Company is almost debt-free.
Cons
  • Revenue fell 100% YoY.
  • Company is loss-making at the latest annual result.
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₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Net Profit₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
EPS
Profit & Loss (Annual)
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Revenue₹12 Cr₹6 Cr₹1 Cr₹3 Cr₹2 Cr₹0 Cr₹0 Cr₹0 Cr
EBITDA₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Net Profit₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
EPS-0.01-0.26-0.02-0.22-0.180.24-0.03-0.31
Balance Sheet
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets₹11 Cr₹5 Cr₹7 Cr₹7 Cr₹5 Cr₹5 Cr₹6 Cr₹6 Cr
Total Liabilities₹6 Cr₹0 Cr₹2 Cr₹2 Cr₹0 Cr₹0 Cr₹1 Cr₹1 Cr
Equity₹5 Cr₹5 Cr₹5 Cr₹5 Cr₹5 Cr₹5 Cr₹5 Cr₹5 Cr
Total Debt
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating₹0 Cr₹-2 Cr₹-2 Cr₹0 Cr₹1 Cr
Investing₹0 Cr₹1 Cr₹2 Cr₹0 Cr₹-1 Cr
Financing₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹0 Cr
Free Cash Flow₹0 Cr₹-2 Cr₹-2 Cr₹0 Cr₹1 Cr
Shareholding
Promoter 0% Institutions 0% Public 100%
Efficiency & Working Capital
ROCE-0.4%
Interest Coverage0
Dividend Payout
Debtor Days
Inventory Days
Payable Days
Cash Conversion Cycle
Working Capital Days
Shareholding Details

As of 2026-06-30

Promoter0%
FII0%
DII0%
Institutions0%
Public100%
Promoter Pledge
No. of Shareholders2,359
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters7.4%7.4%7.4%7.4%7.4%7.4%4.2%2.8%0%0%0%0%
FIIs0%0%3.7%7.9%4.8%3.7%0.9%0%0%0%0%0%
DIIs0%0%0%0%0%0%0%0.1%0.1%0.1%0%0%
Public92.6%92.6%88.9%84.7%87.8%88.9%95%97.1%99.9%99.9%100%100%
Promoter Pledge0%0%0%0%0%0%0%0%
No. of Shareholders1,1681,4421,6441,6991,9882,1612,5302,4992,4682,4542,3842,359
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503
Major Shareholders (>1%)
NameCategoryStakeShares
Vatsal AgarwaalPublic Shareholding20.3%10,96,861
Pradeepta Kumar SethyPublic Shareholding4.1%2,19,454
Dhruvi Nirav SapaniPublic Shareholding2.2%1,16,500
Prasidhi AnejaPublic Shareholding1.9%1,00,000
Rishabh AnejaPublic Shareholding1.9%1,00,000
Pranay AnejaPublic Shareholding1.9%1,00,000
Prashant AroraPublic Shareholding1.9%1,00,000
Rajni AnejaPublic Shareholding1.9%1,00,000
Shipra BathlaPublic Shareholding1.9%1,00,000
Uday R Shah (huf)Public Shareholding1.8%99,000
Milan Meghnad ShahPublic Shareholding1.6%86,553
Madhusudan Rao PolineniPublic Shareholding1.2%65,000
Smitha PolineniPublic Shareholding1.2%63,500
Rahul Govind BinnaniPublic Shareholding1%55,000
Subhadra Rameshchandra ShahPublic Shareholding1%54,000
Mr Gaurav GoelShareholding of Promoter and Promoter Group0%0
Mr Rakesh GoelShareholding of Promoter and Promoter Group0%0
Mr Saurav GoelShareholding of Promoter and Promoter Group0%0
Mr Harsh GuptaShareholding of Promoter and Promoter Group0%0
Board of Directors
NameDesignationYear
Lily MunduExecutive Director & MD2025
Deepak SinhaIndependent Non Exe. Director2025
Krishna Kumar KulshresthaIndependent Non Exe. Director2025
Oshin GehlotCompany Sec. & Compli. Officer2025
AMAN KUMARExecutive Director2025
Segments — Product
SegmentRevenueShare
Metal₹0 Cr12.7%
Precious Stones₹1 Cr87.3%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹10755
Corporate Actions
TypeDateValueRemark
forthcoming2026-08-12Board Meetings
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2025000000
2025000000
2025000000
Substantial Acquisitions (SAST)

8 disclosure(s)

Market22/01/2026 · 14,000
Market19/01/2026 · 8,000
Market13/10/2025 · 9,77,007
Market03/10/2025 · 9,52,007
Market29/09/2025 - 30/09/2025 · 9,02,007
Market19/09/2025 - 23/09/2025 · 20,000
Company Information
Incorporated1984
AuditorBhatter & Associates
Investor Email[email protected]
🌐 www.delta.ind.in

📍 325 3rd Floor Aggarwal Plaza, Prashant Vihar Sec-14 Rohini, Delhi, Delhi, 110085

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