Debut Plus

₹46.11

▼ -1.9 -3.96%

As of 23 Oct 2026 · delayed

NSE 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 · 2026-10-16
NSE · 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 · 2026-10-16

Gujarat Raffia Industries Ltd. (GUJRAFFIA)

Volume: 3,383Avg Vol 1W: 19,643.4Avg Vol 1M: 62,664.552W Range:₹35.1₹88
NSE BSE www.griltarp.com AI Report
Key Ratios
Checked 4h ago
Market Cap₹26 Cr
Current Price₹46.11
Previous Close₹48.01
High / Low (52w)₹88 / ₹35.1
Volume3,383
Avg Vol (1W)19,643.4
Avg Vol (1M)62,664.5
Stock P/E40.98
Book Value₹39.19
Dividend Yield—
ROE2.5%
ROA—
Revenue (TTM)₹31 Cr
Revenue Growth—
Profit Margin—
Total Debt₹0 Cr
Shares Outstanding—
Face Value₹10
EPS (TTM)₹0.97
P/B1.01
Debt / Equity0.14
50 DMA₹43.42
200 DMA₹41.06
Day change-3.96%
SurveillanceESM · ESM 1
Price Chart
₹46.11▼ 43.68% · 1Y
₹82₹355.5L
2025-10-27
2026-10-23

20-day avg volume: 63K shares

Pros
  • Company is almost debt-free.
Cons
  • Revenue fell 12% YoY.
Quarterly Results
MetricSept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Revenue₹5 Cr₹6 Cr₹8 Cr₹12 Cr₹26 Cr₹24 Cr₹27 Cr₹9 Cr
EBITDA₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹0 Cr₹0 Cr₹0 Cr₹1 Cr
Net Profit₹0 Cr₹0 Cr₹0 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₹48 Cr₹34 Cr₹39 Cr₹39 Cr₹41 Cr₹32 Cr₹31 Cr₹89 Cr
EBITDA₹2 Cr₹1 Cr₹1 Cr₹2 Cr₹2 Cr₹1 Cr₹1 Cr₹2 Cr
Net Profit₹1 Cr₹0 Cr₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹1 Cr
EPS1.710.612.22.071.910.971.94
Balance Sheet
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets₹37 Cr₹26 Cr₹24 Cr₹33 Cr₹36 Cr₹26 Cr₹25 Cr₹28 Cr
Total Liabilities₹21 Cr₹9 Cr₹6 Cr₹14 Cr₹16 Cr₹5 Cr₹4 Cr₹5 Cr
Equity₹16 Cr₹17 Cr₹18 Cr₹19 Cr₹20 Cr₹21 Cr₹21 Cr₹22 Cr
Total Debt————————
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating₹-1 Cr₹-6 Cr₹7 Cr₹5 Cr₹8 Cr₹5 Cr
Investing₹0 Cr₹-2 Cr₹-4 Cr₹-2 Cr₹-5 Cr₹-2 Cr
Financing₹2 Cr₹5 Cr₹3 Cr₹-9 Cr₹-1 Cr₹-1 Cr
Free Cash Flow₹-1 Cr₹-6 Cr₹7 Cr₹5 Cr₹8 Cr₹5 Cr
Shareholding
Promoter 39.6% Institutions 0% Public 60.4%
About Gujarat Raffia Industries Ltd.

Gujarat Raffia Industries Limited manufactures and sells HDPE tarpaulin products in India and internationally. The company offers PE tarpaulins, plastic and ground sheeting, geomembranes, tents, shelters, pond and canal linings, sand bags, hay trap, shade net, lumber wraps, rain coats, HDPE and PP woven bags, azolla beds, wagon and fumigation cover, grow bags, weed mats, vermibed and ropes, etc. It also exports its products. The company was incorporated in 1984 and is based in Gandhinagar, India.

www.griltarp.com ↗
Efficiency & Working Capital
ROCE6.3%
Interest Coverage5.2
Dividend Payout—
Debtor Days6 d
Inventory Days16 d
Payable Days2 d
Cash Conversion Cycle20 d
Working Capital Days22 d
Shareholding Details

As of 2026-09-30

Promoter39.6%
FII0%
DII0%
Institutions0%
Public60.4%
Promoter Pledge0%
No. of Shareholders29,558
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodDec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026Sept 2026
Promoters39.6%39.6%39.6%39.6%39.6%39.6%39.6%39.6%39.6%39.6%39.6%39.6%
FIIs0%0%0%0%0.4%0.4%0%0%0%0%0%0%
DIIs0%0%0%0%0%0%0%0%0%0%0%0%
Public60.4%60.4%60.4%60.4%60%60%60.4%60.4%60.4%60.4%60.4%60.4%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders28,40228,40329,38029,54929,62129,62129,68729,65529,93529,72831,61429,558
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202603————
Major Shareholders (>1%)
NameCategoryStakeShares
Pradeep BhutoriaShareholding of Promoter and Promoter Group12.6%6,82,280
Bengal Business LlpShareholding of Promoter and Promoter Group9.4%5,10,304
Asian Gases LtdShareholding of Promoter and Promoter Group8.2%4,41,235
Pradeepkumar Bhutoria (huf)Shareholding of Promoter and Promoter Group3.5%1,86,801
Sushma BhutoriaShareholding of Promoter and Promoter Group2.7%1,43,226
Abhishek P BhutoriaShareholding of Promoter and Promoter Group2.5%1,35,500
Sneha BhutoriaShareholding of Promoter and Promoter Group0.8%40,906
Board of Directors
NameDesignationYear
Pradeep BhutoriaChairman & Managing Director2025
Sushma P BhutoriaWhole Time Director2025
Abhishek Pradeep BhutoriaNon Executive Director2025
Anuj Jayjayram PurohitNon Executive Director2025
Aditi SharmaIndependent Director2025
Premjeet SinghIndependent Director2025
Mehulkumar Dulabhai DesaiCompany Sec. & Compli. Officer2025
Segments — Product
SegmentRevenueShare
HDPE Tarpaulin products₹0 Cr—
Segments — Geography
RegionRevenueShare
Within India₹30 Cr77.6%
Outside India₹9 Cr22.4%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2026₹101155
Corporate Actions
TypeDateValueRemark
forthcoming2026-08-13Board Meetings—
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2026000101
2026000000
2026000101
Company Information
Incorporated1984
ChairmanPradeep Bhutoria
AuditorA N Ruparel & Co
Investor Email[email protected]; [email protected]
🌐 www.griltarp.com ↗

📍 Plot No 455 Santej Vadsar Road, Village Santej Kalol Thaluka, Gandhinagar, Gujarat, 382721

Technical AnalysisPremium

Technical analysis (Premium)

Log in to see RSI, MACD, moving averages, oscillators and pivot levels for this stock.

Log inSign up free

More stocks

GTL Infrastructure Ltd.GTPL Hathway LimitedGufic BioSciences Ltd.Gujarat Alkalies & Chemicals Ltd.Gujarat Apollo Industries Ltd.Gujarat Gas LimitedGujarat Themis Biosyn Ltd.Gulf Oil Lubricants India Ltd.GP Petroleums LimitedGulshan Polyols LimitedGurunanak Agricultur In LimitedGVK Power & Infrastructure Ltd.All “G” stocks →

Prices are delayed/indicative; pros & cons are AI generated. Informational only — not investment advice. ← Back to search