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₹3.82

▼ -0.08 -2.05%

As of 29 Jul 2026 · delayed

BSE Listed · Paper

ESM · ESM 1 · IBC
What does ESM · ESM 1 · IBC 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 · 2026-05-05
BSE · Securities under IBCThe company is in the insolvency process. Practical meaning: equity holders often recover little or nothing in resolution, so the exchange restricts price movement to stop speculative churn in a claim that may be extinguished.Criteria: Company admitted to the Corporate Insolvency Resolution Process under the Insolvency & Bankruptcy Code; placed under surveillance with restricted price movement.Exchange notice · 2026-05-18

Astron Paper & Board Mill Ltd. (540824)

Volume: 32Avg Vol 1W: 7,309Avg Vol 1M: 5,86452W Range:₹3.26₹18.9
BSE www.astronpaper.com
Key Ratios
Checked 5h ago
Market Cap₹18 Cr
Current Price₹3.82
Previous Close₹3.9
High / Low (52w)₹18.9 / ₹3.26
Volume32
Avg Vol (1W)7,309
Avg Vol (1M)5,864
Stock P/E—
Book Value₹14.65
Dividend Yield0%
ROE-31.1%
ROA-10.42%
Revenue (TTM)—
Revenue Growth-69.04%
Profit Margin-7.56%
Total Debt₹18 Cr
Shares Outstanding5 Cr
Face Value₹10
EPS (TTM)₹-1.31
P/B0.26
Debt / Equity1.13
50 DMA₹3.93
200 DMA₹5.42
Day change-2.05%
SurveillanceESM · ESM 1 · IBC
Price Chart
₹3.82▼ 74.84% · 1Y
₹18₹32.3L
2025-07-29
2026-07-29

20-day avg volume: 6K shares

Pros
  • Company is almost debt-free.
  • Stock trades below its book value.
Cons
  • Revenue fell 95% YoY.
  • Company is loss-making at the latest annual result.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹58 Cr₹36 Cr₹1 Cr₹1 Cr₹1 Cr₹0 Cr₹1 Cr₹0 Cr
EBITDA₹-11 Cr₹-9 Cr₹-17 Cr₹-4 Cr₹-2 Cr₹-3 Cr₹-1 Cr₹-4 Cr
Net Profit₹-10 Cr₹-8 Cr₹-28 Cr₹-11 Cr₹-5 Cr₹-5 Cr₹-5 Cr₹-6 Cr
EPS————————
Profit & Loss (Annual)
MetricSept 2024Dec 2024Mar 2025Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹36 Cr₹1 Cr₹97 Cr₹1 Cr₹1 Cr₹0 Cr₹1 Cr₹0 Cr
EBITDA₹-9 Cr₹-17 Cr₹-40 Cr₹-3 Cr₹-2 Cr₹-2 Cr₹-1 Cr₹-3 Cr
Net Profit₹-9 Cr₹-26 Cr₹-57 Cr₹-8 Cr₹-5 Cr₹-4 Cr₹-4 Cr₹-6 Cr
EPS——-12.2—————
Balance Sheet
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets₹232 Cr₹313 Cr₹329 Cr₹323 Cr₹350 Cr₹312 Cr₹294 Cr₹217 Cr
Total Liabilities₹105 Cr₹161 Cr₹163 Cr₹147 Cr₹167 Cr₹153 Cr₹146 Cr₹126 Cr
Equity₹126 Cr₹152 Cr₹166 Cr₹176 Cr₹184 Cr₹159 Cr₹148 Cr₹91 Cr
Total Debt————————
Cash Flow
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating₹8 Cr₹50 Cr₹36 Cr₹39 Cr₹-6 Cr₹14 Cr₹12 Cr₹4 Cr
Investing₹-28 Cr₹-28 Cr₹-18 Cr₹-5 Cr₹-3 Cr₹-10 Cr₹-1 Cr₹2 Cr
Financing₹38 Cr₹-33 Cr₹-4 Cr₹-24 Cr₹11 Cr₹0 Cr₹-11 Cr₹-16 Cr
Free Cash Flow₹8 Cr₹50 Cr₹36 Cr₹39 Cr₹-6 Cr₹14 Cr₹12 Cr₹4 Cr
Shareholding
Promoter 25.37% Institutions 0% Public 74.63%
Efficiency & Working Capital
ROCE-19.2%
Interest Coverage-3.3
Dividend Payout—
Debtor Days83 d
Inventory Days69 d
Payable Days155 d
Cash Conversion Cycle-4 d
Working Capital Days152 d
Shareholding Details

As of 2026-03-31

Promoter25.4%
FII0%
DII0%
Institutions0%
Public74.6%
Promoter Pledge0%
No. of Shareholders21,441
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodJun 2023Sept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Promoters27.1%27.1%27.1%27.1%27.1%27.1%25.4%25.4%25.4%25.4%25.4%25.4%
FIIs0%0%0%0%0.1%0%0%0%0%0%0%0%
DIIs0%0%0%0%0%0%0%0%0%0%0%0%
Public72.9%72.9%72.9%72.9%72.9%72.9%74.6%74.6%74.6%74.6%74.6%74.6%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders20,82421,85321,07521,04920,96521,18721,83921,75521,26721,21521,32721,441
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503————
Major Shareholders (>1%)
NameCategoryStakeShares
Kiritbhai Ghanshyambhai PatelShareholding of Promoter and Promoter Group15.2%70,74,722
Dwarkesh Finance LimitedPublic Shareholding11.3%52,48,978
Karshanbhai Hirabhai PatelShareholding of Promoter and Promoter Group7.7%35,65,000
Betarstep Trading Pvt LtdPublic Shareholding5.9%27,59,999
Govind MaheshwariPublic Shareholding5.1%23,75,000
Ramakant Kantibhai PatelShareholding of Promoter and Promoter Group2.2%10,32,900
Sanket D ShahPublic Shareholding1.4%6,51,150
Prakashkumar Chaturbhai PatelPublic Shareholding1.3%6,14,168
Manojkumar Ravjibhai PatelPublic Shareholding1%4,71,953
Miteshkumar Rameshchandra ShahPublic Shareholding1%4,70,642
Shreerangam Packaging Private LimitedShareholding of Promoter and Promoter Group0.3%1,24,700
Haresh Ambalal PatelShareholding of Promoter and Promoter Group0%0
Board of Directors
NameDesignationYear
Kirit G PatelChairman / Executive Director / M D / Promoter2025
Ramakant PatelWTD & Executive Director2025
Karshanbhai PatelExecutive Director2025
Sudhir MaheshwariIndependent Non Exe. Director2025
Dhyanam VyasIndependent Non Exe. Director2025
Segments — Product
SegmentRevenueShare
Sale of kraft paper₹0 Cr—
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹10504747
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2025490011767
2025100001
2025480011362
Insider / Designated-Person Trades

10 recent disclosure(s)

HAREH AMBALAL PATELDisposal · 1,000
HARESH AMBALAL PATELDisposal · 1,000
Karshanbhai Hirabhai PatelDisposal · 10,000
KIRITBHAI GHANSHYAMBHAI PATELDisposal · 3,00,000
KIRITBHAI GHANSHYAMBHAI PATELDisposal · 2,00,000
KIRITBHAI GHANSHYAMBHAI PATELDisposal · 1,24,928
Substantial Acquisitions (SAST)

2 disclosure(s)

Market09/11/2023 · 20,87,000
Market10/08/2021 · 87,75,000
Company Information
Incorporated2010
ChairmanKirit G Patel
AuditorPinakin Shah & Co/H K Shah & Co
Investor Email[email protected]
🌐 www.astronpaper.com ↗

📍 407 Satyamev Eminence, Science City Road Sola, Ahmedabad, Gujarat, 380060

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