IPO Plus

₹136.5

▲ +6.5 +5.00%

As of 26 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 · 2026-07-27

Tandhan Industries Limited (512062)

Volume: 382Avg Vol 1W: 268Avg Vol 1M: 1,55952W Range:₹12.72₹175
Key Ratios
Checked 5h ago
Market Cap₹647 Cr
Current Price₹136.5
Previous Close₹130
High / Low (52w)₹175 / ₹12.72
Volume382
Avg Vol (1W)268
Avg Vol (1M)1,559
Stock P/E60.19
Book Value₹34.38
Dividend Yield0%
ROE6.23%
ROA5.71%
Revenue (TTM)—
Revenue Growth—
Profit Margin10.48%
Total Debt—
Shares Outstanding5 Cr
Face Value—
EPS (TTM)₹2.16
P/B3.78
Debt / Equity0.62
50 DMA₹145.72
200 DMA—
Day change+5.00%
SurveillanceESM · ESM 1
Price Chart
₹136.5▲ 973.11% · 1Y
₹167₹1353K
2025-10-27
2026-10-26

20-day avg volume: 1K shares

Pros
  • Company is almost debt-free.
Cons
  • Revenue fell 100% YoY.
  • Stock trades at a high P/E of 60.
Quarterly Results
MetricSept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Revenue₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹51 Cr₹46 Cr₹64 Cr
EBITDA₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹8 Cr₹9 Cr₹10 Cr
Net Profit₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹4 Cr₹6 Cr₹6 Cr
EPS————————
Profit & Loss (Annual)
MetricMar 2025Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Mar 2026Jun 2026
Revenue₹0 Cr₹1 Cr₹0 Cr₹0 Cr₹0 Cr₹100 Cr₹0 Cr₹0 Cr
EBITDA₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹17 Cr₹0 Cr₹0 Cr
Net Profit₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹11 Cr₹0 Cr₹0 Cr
EPS—3.35———4.67——
Balance Sheet
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets₹2 Cr₹2 Cr₹2 Cr₹2 Cr₹3 Cr₹2 Cr₹2 Cr₹295 Cr
Total Liabilities₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹2 Cr₹1 Cr₹0 Cr₹121 Cr
Equity₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹2 Cr₹174 Cr
Total Debt————————
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹-33 Cr
Investing₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹-104 Cr
Financing₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹171 Cr
Free Cash Flow₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹-33 Cr
Shareholding
Promoter 65.06% Institutions 0% Public 34.94%
Efficiency & Working Capital
ROCE6.1%
Interest Coverage3.7
Dividend Payout—
Debtor Days155 d
Inventory Days219 d
Payable Days44 d
Cash Conversion Cycle330 d
Working Capital Days374 d
Shareholding Details

As of 2026-09-30

Promoter65.1%
FII0%
DII0%
Institutions0%
Public34.9%
Promoter Pledge0%
No. of Shareholders493
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Oct 2025Dec 2025Feb 2026Mar 2026Jun 2026Sept 2026
Promoters43.1%43.1%43.1%43.1%43.1%43.1%1%1%65.1%65.1%65.1%65.1%
FIIs0%0%0%0%0%0%0%0%0%0%0%0%
DIIs0%0%0%0%0%0%0%0%0%0%0%0%
Public56.9%56.9%56.9%56.9%56.9%56.9%99%99%34.9%34.9%34.9%34.9%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders363737373739108108100100193493
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202603————
Major Shareholders (>1%)
NameCategoryStakeShares
Anuj JalanShareholding of Promoter and Promoter Group27.9%1.39 Cr
Ankit JalanShareholding of Promoter and Promoter Group26.7%1.33 Cr
Daivik JalanShareholding of Promoter and Promoter Group3%15,00,000
Manju JalanShareholding of Promoter and Promoter Group2.5%12,29,000
Radhika JalanShareholding of Promoter and Promoter Group2.5%12,29,000
Rasiklal P Sanghavi (huf)Public Shareholding1.9%9,49,500
Hitesh N Kawa HufPublic Shareholding1.3%6,68,701
Kaushik Hasmukhlal Gandhi HufPublic Shareholding1.3%6,25,000
Prachi JalanShareholding of Promoter and Promoter Group1.2%6,14,500
Ritu JalanShareholding of Promoter and Promoter Group1.2%6,14,500
Divyanshi JalanShareholding of Promoter and Promoter Group0.1%24,580
Board of Directors
NameDesignationYear
Ankit JalanChairman & Managing Director & Director (Finance)2025
Prachi JalanAdditional Whole time Director2025
Pragati GoelAdditional Director2025
Giri Raj ParasharAdditional Director2025
Shivam GuptaAdditional Director2025
Priti Priya SinghCompany Sec. & Compli. Officer2025
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2026₹10505050
Corporate Actions
TypeDateValueRemark
forthcoming2026-09-23Dividend—
dividend2026-09-23₹0.01 (0.1%)Final
forthcoming2026-08-14Board Meetings—
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
20260002235237
20260001118119
20260000118118
Insider / Designated-Person Trades

3 recent disclosure(s)

Anuj JalanAcquisition · 74,350
Ankit JalanAcquisition · 4,00,000
Prakash Bhoorchand ShahDisposal · 4,74,350
Substantial Acquisitions (SAST)

2 disclosure(s)

Off Market24/02/2026 · 4,74,350
Off Market24/02/2026 · 4,74,350
Company Information
Incorporated1985
ChairmanAnkit Jalan
AuditorLaxmikant Kabra & Co LLP
Investor Email[email protected]
🌐 www.tandhangroup.com ↗

📍 13 Prem Niwas 652 Ambedkar Rd, Khar West, Mumbai, Maharashtra, 400052

Technical AnalysisPremium

Technical analysis (Premium)

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

More stocks

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

Telegram App