Debut Plus

₹292.5

▼ -15.36 -4.99%

As of 23 Oct 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 · 2026-09-02

Bai-Kakaji Polymers Limited (544670)

Volume: 47,400Avg Vol 1W: 41,760Avg Vol 1M: 24,30052W Range:₹143.1₹328.9
Market Cap₹626 Cr
Current Price₹292.5
Previous Close₹307.86
High / Low (52w)₹328.9 / ₹143.1
Volume47,400
Avg Vol (1W)41,760
Avg Vol (1M)24,300
Stock P/E—
Book Value₹81.79
Dividend Yield0%
ROE15.04%
ROA375.29%
Revenue (TTM)—
Revenue Growth—
Profit Margin8.21%
Total Debt—
Shares Outstanding2 Cr
Face Value—
EPS (TTM)₹0
P/B3.58
Debt / Equity0.76
50 DMA₹284.37
200 DMA₹212.96
Day change-4.99%
SurveillanceESM · ESM 1
Price Chart
₹292.5▲ 55.42% · 1Y
₹317₹15729.4L
2025-12-31
2026-10-23

20-day avg volume: 22K shares

Pros
  • Healthy return on equity of 15.0%.
  • Company is almost debt-free.
  • Revenue grew 13% YoY.
  • Net profit is growing year over year.
Profit & Loss (Annual)
MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue₹196 Cr₹275 Cr₹296 Cr₹331 Cr₹375 Cr
EBITDA₹8 Cr₹9 Cr₹15 Cr₹31 Cr₹40 Cr
Net Profit₹4 Cr₹4 Cr₹9 Cr₹18 Cr₹27 Cr
EPS2.612.655.9680.7515.69
Balance Sheet
MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets₹79 Cr₹92 Cr₹98 Cr₹202 Cr₹281 Cr
Total Liabilities₹57 Cr₹66 Cr₹63 Cr₹148 Cr₹105 Cr
Equity₹22 Cr₹26 Cr₹35 Cr₹54 Cr₹176 Cr
Total Debt—————
Cash Flow
MetricMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating₹8 Cr₹14 Cr₹23 Cr₹-4 Cr₹33 Cr
Investing₹-13 Cr₹-8 Cr₹-13 Cr₹-63 Cr₹-73 Cr
Financing₹5 Cr₹-5 Cr₹-8 Cr₹74 Cr₹45 Cr
Free Cash Flow₹8 Cr₹14 Cr₹23 Cr₹-5 Cr₹27 Cr
Shareholding
Promoter 73.58% Institutions 0.98% Public 25.44%
Efficiency & Working Capital
ROCE20.6%
Interest Coverage5.6
Dividend Payout—
Debtor Days39 d
Inventory Days51 d
Payable Days25 d
Cash Conversion Cycle65 d
Working Capital Days90 d
Shareholding Details

As of 2026-09-30

Promoter73.6%
FII1%
DII0%
Institutions1%
Public25.4%
Promoter Pledge0%
No. of Shareholders1,641
Shareholding Pattern

Quarterly — figures in %. Latest 4 quarters.

PeriodJun 2025Dec 2025Mar 2026Sept 2026
Promoters100%73.6%74.1%73.6%
FIIs0%2.8%2.4%1%
DIIs0%0%7.8%0%
Public0%23.7%15.7%25.4%
Promoter Pledge0%0%0%0%
No. of Shareholders82,0415221,641
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202603————
Major Shareholders (>1%)
NameCategoryStakeShares
Mundada Harikishan PandurangjiShareholding of Promoter and Promoter Group24.5%52,47,200
Akash Balkishan MundadaShareholding of Promoter and Promoter Group24.5%52,47,170
Balkishan Pandurangji MundadaShareholding of Promoter and Promoter Group24.5%52,47,200
Abakkus Venture Opportunities FundPublic Shareholding2.8%6,08,400
Finavenue Capital Trust - Finavenue Growth FundPublic Shareholding2.7%5,82,000
Akshay Balkishan MundadaShareholding of Promoter and Promoter Group0%2,100
Sneha Harikishan MundadaShareholding of Promoter and Promoter Group0%2,100
Pranav Harikishan MundadaShareholding of Promoter and Promoter Group0%2,100
Prajyot Harikishan MundadaShareholding of Promoter and Promoter Group0%2,100
Kiran Balkishan MundadaShareholding of Promoter and Promoter Group0%30
Board of Directors
NameDesignationYear
Balkishan Pandurangji MundadaChairman / Executive Director / M D / Promoter2025
Harikishan Pandurangji MundadaWTD & Executive Director2025
Akshay Balkishan MundadaExecutive Director & Chief Financial Officer2025
Kiran Balkishan MundadaNon Executive Director2025
Nilesh Gokuldas ChandakIndependent Director2025
Balu Govindlal BhansaliIndependent Director2025
Dheerajkumar Pannalal TiwariCompany Sec. & Compli. Officer2025
Segments — Geography
RegionRevenueShare
In India₹294 Cr99.6%
Outside India₹1 Cr0.4%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2026₹10242121
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
20260008095175
2026000751086
202600053237
Insider / Designated-Person Trades

3 recent disclosure(s)

Akshay Balkishan MundadaDisposal · 1,03,800
Akshay Balkishan MundadaAcquisition · 51,000
Akshay Balkishan MundadaAcquisition · 52,800
Company Information
Incorporated2013
ChairmanBalkishan Pandurangji Mundada
AuditorRatan Chandak & Co LLP
Investor Email[email protected]
🌐 baikakajipolymers.com ↗

📍 Plot No.M3 & M4 MIDC, Latur, Maharashtra, 413531

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