Debut Plus

₹43.91

▼ -4.86 -9.97%

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 · 2026-10-23
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 · 2026-10-23

Swarnsarita Jewels Ind Limited (SWARNSAR)

Volume: 1,13,255Avg Vol 1W: 3,46,660.6Avg Vol 1M: 95,022.252W Range:₹32₹55.62
Market Cap₹92 Cr
Current Price₹43.91
Previous Close₹48.77
High / Low (52w)₹55.62 / ₹32
Volume1,13,255
Avg Vol (1W)3,46,660.6
Avg Vol (1M)95,022.2
Stock P/E7.38
Book Value₹67.2
Dividend Yield0%
ROE8.65%
ROA5.49%
Revenue (TTM)₹875 Cr
Revenue Growth—
Profit Margin134.7%
Total Debt—
Shares Outstanding2 Cr
Face Value—
EPS (TTM)₹5.95
P/B0.65
Debt / Equity0.57
50 DMA₹38.85
200 DMA₹38.85
Day change-9.97%
SurveillanceESM · ESM 1
Price Chart
₹43.91▲ 21.77% · 1Y
₹54₹3412.0L
2026-08-17
2026-10-23

20-day avg volume: 95K shares

Pros
  • Company is almost debt-free.
  • Stock trades below its book value.
Quarterly Results
MetricSept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Revenue₹230 Cr₹219 Cr₹158 Cr₹152 Cr₹262 Cr₹218 Cr₹237 Cr₹206 Cr
EBITDA₹3 Cr₹5 Cr₹-2 Cr₹10 Cr₹10 Cr₹3 Cr₹-1 Cr₹15 Cr
Net Profit₹1 Cr₹2 Cr₹-4 Cr₹6 Cr₹7 Cr₹2 Cr₹-7 Cr₹11 Cr
EPS————————
Profit & Loss (Annual)
MetricMar 2025Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Mar 2026Jun 2026
Revenue₹762 Cr₹143 Cr₹135 Cr₹238 Cr₹196 Cr₹216 Cr₹875 Cr₹205 Cr
EBITDA₹15 Cr₹-2 Cr₹9 Cr₹9 Cr₹3 Cr₹1 Cr₹23 Cr₹16 Cr
Net Profit₹5 Cr₹-3 Cr₹5 Cr₹6 Cr₹1 Cr₹-1 Cr₹12 Cr₹11 Cr
EPS2.52—————5.92—
Balance Sheet
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets₹234 Cr₹208 Cr₹226 Cr₹244 Cr₹248 Cr₹241 Cr₹225 Cr₹226 Cr
Total Liabilities₹140 Cr₹110 Cr₹122 Cr₹132 Cr₹130 Cr₹118 Cr₹97 Cr₹86 Cr
Equity₹94 Cr₹98 Cr₹104 Cr₹112 Cr₹118 Cr₹123 Cr₹128 Cr₹140 Cr
Total Debt————————
Cash Flow
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating₹-24 Cr₹16 Cr₹9 Cr₹11 Cr₹12 Cr₹7 Cr₹13 Cr₹25 Cr
Investing₹2 Cr₹1 Cr₹-1 Cr₹2 Cr₹1 Cr₹-1 Cr₹5 Cr₹-1 Cr
Financing₹20 Cr₹-35 Cr₹7 Cr₹2 Cr₹-13 Cr₹-22 Cr₹-28 Cr₹-21 Cr
Free Cash Flow₹-24 Cr₹16 Cr₹9 Cr₹11 Cr₹12 Cr₹7 Cr₹13 Cr₹25 Cr
Shareholding
Promoter 60.11% Institutions 0.02% Public 39.87%
Efficiency & Working Capital
ROCE10.7%
Interest Coverage3.5
Dividend Payout—
Debtor Days32 d
Inventory Days50 d
Payable Days3 d
Cash Conversion Cycle79 d
Working Capital Days82 d
Shareholding Details

As of 2026-09-30

Promoter60.1%
FII0%
DII0%
Institutions0%
Public39.9%
Promoter Pledge49.9%
No. of Shareholders8,857
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodDec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026Sept 2026
Promoters52%52%52%52%52%52%52%52%52%52%60.1%60.1%
FIIs0%0%0%0%0%0%0%0%0%0%0%0%
DIIs0%0%0%0%0%0%0%0%0%0%0%0%
Public48%47.9%47.9%47.9%47.9%47.9%47.9%47.9%47.9%47.9%39.9%39.9%
Promoter Pledge57.7%57.7%57.7%57.7%57.7%57.7%57.7%57.7%57.7%57.7%49.9%49.9%
No. of Shareholders8,1808,3748,3219,3099,4139,3849,3929,3299,1548,9388,8168,857
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202603————
Major Shareholders (>1%)
NameCategoryStakeShares
Swarnsarita Jewellers Pvt LtdShareholding of Promoter and Promoter Group44.8%93,57,187
Mahendra Madanlal ChordiaShareholding of Promoter and Promoter Group6.8%14,23,327
Sunny Mahendra ChordiaShareholding of Promoter and Promoter Group4.3%8,90,046
Asha Mahendra ChordiaShareholding of Promoter and Promoter Group4.1%8,47,896
Jagdish JajooPublic Shareholding2.3%4,83,700
Rameshkumar Javerchand JainPublic Shareholding1.9%4,05,000
Luxmi Kant GuptaPublic Shareholding1.9%3,87,806
Kantadevi MaheshwariPublic Shareholding1.1%2,25,000
Mahendra Madanlal Chordia Huf .Shareholding of Promoter and Promoter Group0.1%30,000
Promoter Pledges
HolderPledged Shares% of HoldingAs of
Swarnsarita Jewellers Pvt Ltd62,63,04066.9%2026-09-30
Board of Directors
NameDesignationYear
Mahendra M ChordiaChairman / Executive Director / Managing Director2026
Sunny Mahendra ChordiaE D & Wholetime Director2026
Rajul ChordiaE D & Wholetime Director2026
Umang Mitul MehtaIndependent Non Exe. Director2026
Deep Shailesh LakhaniIndependent Non Exe. Director2026
Jash Amit AdaniIndependent Non Exe. Director2026
Deepak SutharCompany Sec. & Compli. Officer2026
Segments — Product
SegmentRevenueShare
Polished Diamonds₹3 Cr60.5%
Diamond Studded Jewellery₹2 Cr39.5%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2026₹10222121
Corporate Actions
TypeDateValueRemark
forthcoming2026-08-14Board Meetings—
forthcoming2026-08-03Board Meetings—
forthcoming—Book ClosureAGM
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
202616500200185
202616100170178
2026000203
Insider / Designated-Person Trades

1 recent disclosure(s)

SEEMA RAJENDRA CHORDIADisposal · 20,000
Company Information
Incorporated1992
ChairmanMahendra M Chordia
AuditorBanshi Jain & Associates
Investor Email[email protected]
🌐 www.swarnsarita.com ↗

📍 125/127 Daya Mandir 6 Th Floor, Room No 5 to 10 Mumbadevi, Mumbai, Maharashtra, 400003

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