TipHub

132.34

+2.59 +2.00%

29 Jul 2026

BSE Listed

GSM · GSM 0 · ESM · ESM 2
What does GSM · GSM 0 · ESM · ESM 2 mean?
BSE · Graded Surveillance Measure (GSM 0)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
BSE · 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 · 2026-04-28

Apollo Ingredients Limited (503639)

Volume: 75Avg Vol 1W: 320Avg Vol 1M: 2,55252W Range:5.43132.34
Market Cap₹138 Cr
Current Price₹132.34
Previous Close₹129.75
High / Low (52w)₹132.34 / ₹5.43
Volume75
Avg Vol (1W)320
Avg Vol (1M)2,552
Stock P/E194.62
Book Value₹6.72
Dividend Yield0%
ROE10.14%
ROA11.77%
Revenue (TTM)
Revenue Growth
Profit Margin17.31%
Total Debt
Shares Outstanding1 Cr
Face Value
EPS (TTM)₹0.68
P/B19.7
Debt / Equity0
50 DMA₹84.94
200 DMA
Day change+2.00%
SurveillanceGSM · GSM 0 · ESM · ESM 2
Price Chart
132.34 2337.20% · 1Y
132554K
2025-09-29
2026-07-29

20-day avg volume: 2K shares

Pros
  • Company is almost debt-free.
  • Revenue grew 63% YoY.
  • Net profit is growing year over year.
Cons
  • Stock trades at a high P/E of 195.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹3 Cr₹1 Cr
EBITDA₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹0 Cr
Net Profit₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹0 Cr
EPS
Profit & Loss (Annual)
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue₹0 Cr₹4 Cr₹5 Cr₹2 Cr₹0 Cr₹1 Cr₹3 Cr₹5 Cr
EBITDA₹0 Cr₹0 Cr₹0 Cr₹0 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₹1 Cr
EPS-3.438.15.261.59-1.831.522.440.68
Balance Sheet
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹2 Cr₹2 Cr₹7 Cr
Total Liabilities₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹0 Cr₹0 Cr
Equity₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹7 Cr
Total Debt
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹0 Cr₹0 Cr
Investing₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹-3 Cr
Financing₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹5 Cr
Free Cash Flow₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹0 Cr₹0 Cr
Shareholding
Promoter 66.58% Institutions 0% Public 33.42%
Efficiency & Working Capital
ROCE13.6%
Interest Coverage0
Dividend Payout
Debtor Days
Inventory Days
Payable Days
Cash Conversion Cycle
Working Capital Days
Shareholding Details

As of 2026-06-30

Promoter66.6%
FII0%
DII0%
Institutions0%
Public33.4%
Promoter Pledge0%
No. of Shareholders402
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodDec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Aug 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters61.8%61.8%61.8%61.8%61.8%61.8%61.8%66.6%66.6%66.6%66.6%66.6%
FIIs0%0%0%0%0%0%0%0%0%0%0%0%
DIIs0%0%0%0%0%0%0%0%0%0%0%0%
Public38.2%38.2%38.2%38.2%38.2%38.2%38.2%33.4%33.4%33.4%33.4%33.4%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders2528414141414141434650402
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202603
Major Shareholders (>1%)
NameCategoryStakeShares
Lovely Ghanshyam MutrejaShareholding of Promoter and Promoter Group32.1%33,38,216
Lalita Ghanshyam MutrejaShareholding of Promoter and Promoter Group17.2%17,93,192
Kirit Ghanshyam MutrejaShareholding of Promoter and Promoter Group17.2%17,93,292
Clive Robert SeniorPublic Shareholding4.9%5,12,200
Saroj SeniorPublic Shareholding4.7%4,88,696
Akil Yusuf UttanwalaPublic Shareholding3.7%3,81,576
Amar Rajmal KakariaPublic Shareholding3%3,08,100
Mahesh Madhav DeshmukhPublic Shareholding2%2,10,600
Rashmi Amar KakariaPublic Shareholding1.2%1,28,900
Gaurav Laxmi Ratan DagaPublic Shareholding1.2%1,23,498
Hemant Harishchandra VartakPublic Shareholding1.1%1,09,195
Amol Dinkar NigudkarPublic Shareholding1%1,07,900
Shalini Pradeep BhandariPublic Shareholding1%1,05,000
Sarthak Vijlani HufPublic Shareholding1%1,04,000
Board of Directors
NameDesignationYear
Kirit Ghanshyam MutrejaChairman & Managing Director2026
Lovely Ghanshyam MutrejaExecutive Director2026
Suvarna Ramchandra ShindeIndependent Director2026
Maharshi Anand TomarIndependent Director2026
Amol Dinkar NigudkarIndependent Director2026
Ayushi AgrawalCompany Sec. & Compli. Officer2026
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2026₹51055
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2026000033
2026000033
2026000000
Company Information
Incorporated1980
ChairmanKirit Ghanshyam Mutreja
AuditorDMKH & Co
Investor Email[email protected]
🌐 www.indsoya.com

📍 1111-A Raheja Chambers, 213 Nariman Point, Mumbai, Maharashtra, 400021

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