Debut Plus

40

-0.73 -1.79%

As of 10 Sept 2026 · delayed

BSE Listed

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 · 2026-09-09

Anand Rayons Limited (542721)

Volume: 11,675Avg Vol 1W: 16,353Avg Vol 1M: 22,78652W Range:38.79470
Key Ratios
Checked 4h ago
Market Cap₹88 Cr
Current Price₹40
Previous Close₹40.73
High / Low (52w)₹470 / ₹38.79
Volume11,675
Avg Vol (1W)16,353
Avg Vol (1M)22,786
Stock P/E8.06
Book Value₹46.08
Dividend Yield0%
ROE7.1%
ROA7.1%
Revenue (TTM)
Revenue Growth
Profit Margin240.17%
Total Debt
Shares Outstanding2 Cr
Face Value
EPS (TTM)₹4.96
P/B0.87
Debt / Equity0.29
50 DMA₹46.87
200 DMA₹151.26
Day change-1.79%
SurveillanceESM · ESM 1
Price Chart
40 89.47% · 1Y
465409.6L
2025-09-10
2026-09-10

20-day avg volume: 23K shares

Pros
  • Company is almost debt-free.
  • Revenue grew 39% YoY.
  • Net profit is growing year over year.
  • Stock trades below its book value.
Quarterly Results
MetricSept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Revenue₹83 Cr₹75 Cr₹86 Cr₹76 Cr₹112 Cr₹127 Cr₹118 Cr₹96 Cr
EBITDA₹2 Cr₹2 Cr₹3 Cr₹1 Cr₹2 Cr₹5 Cr₹3 Cr₹3 Cr
Net Profit₹1 Cr₹1 Cr₹2 Cr₹1 Cr₹2 Cr₹5 Cr₹3 Cr₹2 Cr
EPS
Profit & Loss (Annual)
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue₹283 Cr₹245 Cr₹208 Cr₹334 Cr₹337 Cr₹344 Cr₹314 Cr₹435 Cr
EBITDA₹6 Cr₹4 Cr₹4 Cr₹8 Cr₹7 Cr₹7 Cr₹7 Cr₹12 Cr
Net Profit₹2 Cr₹1 Cr₹1 Cr₹3 Cr₹3 Cr₹3 Cr₹3 Cr₹7 Cr
EPS2.070.450.481.962.12.092.243.45
Balance Sheet
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets₹54 Cr₹66 Cr₹69 Cr₹79 Cr₹76 Cr₹74 Cr₹99 Cr₹153 Cr
Total Liabilities₹40 Cr₹39 Cr₹42 Cr₹49 Cr₹43 Cr₹38 Cr₹22 Cr₹51 Cr
Equity₹14 Cr₹26 Cr₹27 Cr₹30 Cr₹33 Cr₹36 Cr₹77 Cr₹102 Cr
Total Debt
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating₹0 Cr₹10 Cr₹8 Cr₹17 Cr₹12 Cr₹-9 Cr
Investing₹0 Cr₹0 Cr₹-2 Cr₹2 Cr₹-24 Cr₹-14 Cr
Financing₹-1 Cr₹-9 Cr₹0 Cr₹-8 Cr₹22 Cr₹36 Cr
Free Cash Flow₹0 Cr₹10 Cr₹8 Cr₹17 Cr₹12 Cr₹-9 Cr
Shareholding
Promoter 53.52% Institutions 0% Public 46.48%
Efficiency & Working Capital
ROCE8.7%
Interest Coverage5.2
Dividend Payout
Debtor Days73 d
Inventory Days6 d
Payable Days3 d
Cash Conversion Cycle76 d
Working Capital Days79 d
Shareholding Details

As of 2026-07-31

Promoter53.5%
FII0%
DII0%
Institutions0%
Public46.5%
Promoter Pledge0%
No. of Shareholders5,762
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodJun 2024Sept 2024Dec 2024Feb 2025Mar 2025May 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026Jul 2026
Promoters70.7%71.4%71.4%58.2%58.2%51.4%51.5%52.2%52.2%52.6%52.6%53.5%
FIIs0%0%0%0%0%0%0%0%0%0%0%0%
DIIs0%0%0%0%0%0%0%0%0%0%0%0%
Public29.3%28.6%28.6%41.8%41.8%48.6%48.5%47.8%47.8%47.4%47.4%46.5%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders5,9025,7195,2635,0204,8874,8724,6714,6514,4275,5995,8285,762
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202603
Major Shareholders (>1%)
NameCategoryStakeShares
Anand Gokulbhai BakshiShareholding of Promoter and Promoter Group27.1%59,37,883
Vasuben Gokulbhai BakshiShareholding of Promoter and Promoter Group11.9%26,00,075
Bakshi MalayaShareholding of Promoter and Promoter Group6.9%15,00,000
Shilpa Anand BakshiShareholding of Promoter and Promoter Group6.3%13,88,180
Lalitkumar Manikchand DagaPublic Shareholding1.1%2,39,000
Mishra Hema AruniShareholding of Promoter and Promoter Group0.8%1,75,542
Anand Bakshi HufShareholding of Promoter and Promoter Group0.6%1,24,000
Jigisha Dharmesh ChorawalaShareholding of Promoter and Promoter Group0%504
Board of Directors
NameDesignationYear
Anand BakshiChairman / Executive Director / M D / Promoter2025
Shilpa BakshiWTD & Executive Director2025
Nilesh BodiwalaIndependent Non Exe. Director2025
Anil NavinchandramerchantIndependent Non Exe. Director2025
Pankesh PatelIndependent Non Exe. Director2025
Jigisha ChorawalaNon Executive Director2025
Varsha MaheshwariCompany Sec. & Compli. Officer2025
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2026₹10352121
Corporate Actions
TypeDateValueRemark
forthcoming2026-08-11Board Meetings
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2025000909
2025000808
2025000001
Insider / Designated-Person Trades

12 recent disclosure(s)

MALAYA ANAND BAKSHIAcquisition · 1,09,616
SHILPA ANAND BAKSHIAcquisition · 1,09,616
ANAND GOKULBHAI BAKSHIAcquisition · 2,19,231
MALAYA ANAND BAKSHI RevisedAcquisition · 42,735
SHILPA ANAND BAKSHI RevisedAcquisition · 42,735
ANAND GOKULBHAI BAKSHI RevisedAcquisition · 85,470
Company Information
Incorporated2018
ChairmanAnand Bakshi
AuditorM R Bombaywala & Co
Investor Email[email protected]
🌐 www.anandrayons.com

📍 305-306 Jay Sagar Complex, Opp Sub Jail Khatodra, Surat, Gujarat, 395002

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