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₹17.01

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As of 27 Jul 2026 · delayed

BSE Listed

GSM · GSM 1
What does GSM · GSM 1 mean?
BSE · Graded Surveillance Measure (GSM 1)GSM targets fundamentally weak companies whose price doesn't square with their financials (tiny net worth or negative/extreme P/E). Practical meaning: the exchange doubts the price is backed by the business. Stage 0 is a watchlist; each higher stage makes the stock progressively harder to trade — tighter bands, full upfront margin, weekly-only trading, and at Stage IV no upward price movement at all. Exiting requires a quarterly review finding the criteria no longer met.Criteria: Shortlisted on objective financial parameters — net worth, net fixed assets, price-to-earnings multiple and market capitalisation. Stage 0 = base surveillance watchlist (identified under GSM, no graded price restriction yet); Stages I–VI add escalating curbs (price band, 100% margin, periodic call auction, settlement on a gross/trade-for-trade basis, no upward price movement).Exchange notice · 2026-06-25

Raasi Refractories Ltd. (502271)

Volume: 696Avg Vol 1W: 623Avg Vol 1M: 88352W Range:₹13.75₹30.59
BSE www.raasi.in AI Report
Key Ratios
Checked 11h ago
Market Cap₹8 Cr
Current Price₹17.01
Previous Close₹17.01
High / Low (52w)₹30.59 / ₹13.75
Volume696
Avg Vol (1W)623
Avg Vol (1M)883
Stock P/E65.42
Book Value₹-27.86
Dividend Yield0%
ROE-91.8%
ROA32.47%
Revenue (TTM)—
Revenue Growth—
Profit Margin32.6%
Total Debt—
Shares Outstanding0 Cr
Face Value—
EPS (TTM)₹0.26
P/B—
Debt / Equity0
50 DMA₹21.59
200 DMA—
Day change+0.00%
SurveillanceGSM · GSM 1
Price Chart
₹17.01▼ 39.25% · 1Y
₹29₹146K
2025-08-04
2026-07-27

20-day avg volume: 951 shares

Pros
  • Company is almost debt-free.
Cons
  • Stock trades at a high P/E of 65.
  • Negative book value per share.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹10 Cr₹12 Cr₹2 Cr₹12 Cr₹11 Cr₹16 Cr₹18 Cr₹11 Cr
EBITDA₹0 Cr₹1 Cr₹-2 Cr₹3 Cr₹1 Cr₹5 Cr₹-2 Cr₹-1 Cr
Net Profit₹-1 Cr₹1 Cr₹-2 Cr₹2 Cr₹0 Cr₹4 Cr₹-2 Cr₹-2 Cr
EPS————————
Profit & Loss (Annual)
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Revenue₹22 Cr₹41 Cr₹48 Cr₹21 Cr₹63 Cr₹59 Cr₹40 Cr₹37 Cr
EBITDA₹4 Cr₹5 Cr₹4 Cr₹3 Cr₹3 Cr₹3 Cr₹3 Cr₹2 Cr
Net Profit₹1 Cr₹4 Cr₹1 Cr₹0 Cr₹1 Cr₹1 Cr₹0 Cr₹0 Cr
EPS1.468.582.580.752.441.830.630.19
Balance Sheet
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets₹69 Cr₹47 Cr₹36 Cr₹36 Cr₹45 Cr₹46 Cr₹54 Cr₹49 Cr
Total Liabilities₹90 Cr₹64 Cr₹52 Cr₹52 Cr₹59 Cr₹60 Cr₹67 Cr₹62 Cr
Equity₹-21 Cr₹-17 Cr₹-16 Cr₹-16 Cr₹-14 Cr₹-14 Cr₹-13 Cr₹-13 Cr
Total Debt————————
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating₹5 Cr₹0 Cr₹22 Cr₹1 Cr₹1 Cr
Investing₹0 Cr₹0 Cr₹-1 Cr₹0 Cr₹0 Cr
Financing₹-3 Cr₹0 Cr₹-21 Cr₹0 Cr₹-2 Cr
Free Cash Flow₹5 Cr₹0 Cr₹20 Cr₹0 Cr₹1 Cr
Shareholding
Promoter 50.74% Institutions 0.04% Public 49.22%
Efficiency & Working Capital
ROCE9.1%
Interest Coverage1
Dividend Payout—
Debtor Days303 d
Inventory Days77 d
Payable Days111 d
Cash Conversion Cycle269 d
Working Capital Days381 d
Shareholding Details

As of 2026-06-30

Promoter50.7%
FII0%
DII0%
Institutions0%
Public49.2%
Promoter Pledge99.8%
No. of Shareholders5,618
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters50.7%50.7%50.7%50.7%50.7%50.7%50.7%50.7%50.7%50.7%50.7%50.7%
FIIs0%0%0%0%0%0%0%0%0%0%0%0%
DIIs0%0%0%0%0%0%0%0%0%0%0%0%
Public49.2%49.2%49.2%49.2%49.2%49.2%49.2%49.2%49.2%49.2%49.2%49.2%
Promoter Pledge99.8%99.8%99.8%99.8%99.8%99.8%99.8%99.8%99.8%99.8%99.8%99.8%
No. of Shareholders5,7255,6875,6465,6695,6725,6755,6785,6625,6545,6475,6305,618
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503————
Major Shareholders (>1%)
NameCategoryStakeShares
Laxmaiah KondaShareholding of Promoter and Promoter Group27.4%12,93,250
Ramlaxman Parboiled Rice Private LimitedShareholding of Promoter and Promoter Group23.3%10,98,320
Vasa VenkateshwarluPublic Shareholding3.8%1,79,580
Guttu SoujanyaPublic Shareholding3.7%1,72,985
Kamalamma CharugondlaPublic Shareholding3.4%1,60,000
Vijaya VasaPublic Shareholding3.4%1,60,000
Gattu SwarajyamPublic Shareholding3.4%1,60,000
Pola SarojanaPublic Shareholding3.4%1,59,358
Telangana State Industrial Insurance Development Corporation Private LimitedPublic Shareholding2%95,825
Sandeep Kumar Agarwal (huf)Public Shareholding1.1%50,200
Pritty Devi SarawagiPublic Shareholding1%47,948
Promoter Pledges
HolderPledged Shares% of HoldingAs of
Laxmaiah Konda12,88,90099.7%2026-06-30
Ramlaxman Parboiled Rice Private Limited10,98,320100%2026-06-30
Board of Directors
NameDesignationYear
V KondaManaging Director2025
Satyanarayana KapugantiIndependent Director2025
Suresh SilumulaIndependent Director2025
Rajendra PrasadNominee2025
Nitin Kumar PugaliaCompany Sec. & Compli. Officer2025
Kavitha DoddiAdditional Director2025
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹102555
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
202500001313
202500001313
2025000000
Company Information
Incorporated1981
AuditorNarasimha Rao & Associates
Investor Email[email protected]
🌐 www.raasi.in ↗

📍 15-145/9 Kodandaram Nagar, Sarronagar Near Sarada Talkies, Hyderabad, Telangana, 500060

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