Debut Plus

₹23.7

▼ -0.45 -1.86%

As of 26 Oct 2026 · delayed

NSE Listed

ESM · ESM 2
What does ESM · ESM 2 mean?
NSE · Enhanced Surveillance Measure (ESM 2)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 · 2026-07-14

Radiowalla Network Ltd. (RADIOWALLA)

Volume: 3,200Avg Vol 1W: 2,880Avg Vol 1M: 4,24052W Range:₹22.2₹72
NSE BSE www.radiowalla.in AI Report
Key Ratios
Checked 7h ago
Market Cap₹87 Cr
Current Price₹23.7
Previous Close₹24.15
High / Low (52w)₹72 / ₹22.2
Volume3,200
Avg Vol (1W)2,880
Avg Vol (1M)4,240
Stock P/E161
Book Value₹28.87
Dividend Yield—
ROE—
ROA—
Revenue (TTM)₹21 Cr
Revenue Growth33.5%
Profit Margin—
Total Debt₹0 Cr
Shares Outstanding—
Face Value—
EPS (TTM)₹0.15
P/B0.84
Debt / Equity0.07
50 DMA₹26.84
200 DMA₹36.25
Day change-1.86%
SurveillanceESM · ESM 2
Price Chart
₹23.7▼ 65.60% · 1Y
₹72₹231.6L
2025-10-27
2026-10-26

20-day avg volume: 4K shares

Pros
  • Company is almost debt-free.
  • Revenue grew 67% YoY.
  • Stock trades below its book value.
Cons
  • Stock trades at a high P/E of 161.
Profit & Loss (Annual)
MetricMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue₹10 Cr₹6 Cr₹11 Cr₹14 Cr₹15 Cr₹21 Cr₹21 Cr
EBITDA₹0 Cr₹0 Cr₹1 Cr₹1 Cr₹2 Cr₹2 Cr₹0 Cr
Net Profit₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹2 Cr₹1 Cr₹0 Cr
EPS2.732.4111.1624.252.980.960.25
Balance Sheet
MetricMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets₹5 Cr₹5 Cr₹5 Cr₹8 Cr₹9 Cr₹24 Cr₹23 Cr
Total Liabilities₹6 Cr₹5 Cr₹5 Cr₹5 Cr₹3 Cr₹5 Cr₹4 Cr
Equity₹-1 Cr₹0 Cr₹0 Cr₹3 Cr₹6 Cr₹19 Cr₹19 Cr
Total Debt———————
Cash Flow
MetricMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹1 Cr₹1 Cr₹-1 Cr
Investing₹0 Cr₹0 Cr₹0 Cr₹-1 Cr₹-1 Cr₹-3 Cr₹-2 Cr
Financing₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹12 Cr₹0 Cr
Free Cash Flow₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹1 Cr₹1 Cr₹-1 Cr
Shareholding
Promoter 41.54% Institutions 1.2% Public 57.25%
Efficiency & Working Capital
ROCE7.7%
Interest Coverage2
Dividend Payout—
Debtor Days76 d
Inventory Days0 d
Payable Days9 d
Cash Conversion Cycle67 d
Working Capital Days76 d
Shareholding Details

As of 2026-09-30

Promoter41.5%
FII2.5%
DII0%
Institutions2.5%
Public56%
Promoter Pledge0%
No. of Shareholders511
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodMar 2024Apr 2024Apr 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026Sept 2026
Promoters55.8%41%41%41%41%41.1%41.2%41.2%41.2%41.4%41.5%41.5%
FIIs0%4.2%4.2%0.6%0.6%0.6%0.6%0.6%0.6%0.6%1.2%2.5%
DIIs0%9.9%0.3%0%0%0%0%0%2.2%0%0%0%
Public44.2%45%54.6%58.4%58.4%58.3%58.2%58.2%56%58%57.3%56%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders52643643413532507527575555550558511
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202603————
Major Shareholders (>1%)
NameCategoryStakeShares
Anil SrivatsaShareholding of Promoter and Promoter Group19.9%13,98,932
Gurneet Kaur BhatiaShareholding of Promoter and Promoter Group17.7%12,49,633
Hemant Hansraj KeniaPublic Shareholding6.5%4,57,600
Harvinderjit Singh BhatiaShareholding of Promoter and Promoter Group3.9%2,72,088
Harpreet SinghPublic Shareholding3.5%2,48,550
Amritaanshu AgrawalPublic Shareholding2.9%2,04,800
Devendra AgarwalPublic Shareholding2.9%2,01,600
Gaurav Rakesh GuptaPublic Shareholding2.7%1,92,236
Nautilus Private Capital LtdPublic Shareholding1.9%1,31,200
Dipalee A DesaiPublic Shareholding1.7%1,21,836
Vikas NewatiaPublic Shareholding1.6%1,13,047
Tarun DuaPublic Shareholding1.5%1,05,600
Lucky BanwaniPublic Shareholding1.1%78,400
Tarvinder Jit Singh BhatiaShareholding of Promoter and Promoter Group0.1%4,224
Rehet Singh BhatiaShareholding of Promoter and Promoter Group0.1%3,200
Board of Directors
NameDesignationYear
HARVINDERJIT SINGH BHATIAExecutive Director / CEO / CFO2025
Anil SrivatsaExecutive Director2025
Gurneet Kaur BhatiaNon Executive Director2025
Neeraj JainIndependent Non Exe. Director2025
Sunil LullaIndependent Non Exe. Director2025
Kiran GurnaniCompany Sec. & Compli. Officer2025
Segments — Product
SegmentRevenueShare
In-store radio and allied services₹0 Cr—
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2026₹10877
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2025000213
2025000011
2025000202
Company Information
Incorporated2010
AuditorJain Jagawat Kamdar & Co
Investor Email[email protected]
🌐 www.radiowalla.in ↗

📍 603 Sudhama Niwas 16th Road, Khar (W), Mumbai, Maharashtra, 400052

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