TipHub

309.75

+0.74 +0.24%

As of 29 Jul 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 · 2026-05-05

Narmadesh Brass Industries Ltd. (544680)

Volume: 28,800Avg Vol 1W: 35,184Avg Vol 1M: 9,75352W Range:150495
Market Cap
Current Price₹309.75
Previous Close₹309.01
High / Low (52w)₹495 / ₹150
Volume28,800
Avg Vol (1W)35,184
Avg Vol (1M)9,753
Stock P/E
Book Value
Dividend Yield
ROE
ROA
Revenue (TTM)
Revenue Growth
Profit Margin
Total Debt
Shares Outstanding
Face Value
EPS (TTM)
P/B
Debt / Equity2.05
50 DMA₹331.21
200 DMA
Day change+0.24%
SurveillanceESM · ESM 1
Price Chart
309.75 34.13% · 1Y
47015080K
2026-01-21
2026-07-29

20-day avg volume: 11K shares

Pros
  • Company is almost debt-free.
  • Revenue grew 11% YoY.
Profit & Loss (Annual)
MetricMar 2022Mar 2023Mar 2024Mar 2025
Revenue₹44 Cr₹60 Cr₹79 Cr₹88 Cr
EBITDA₹2 Cr₹2 Cr₹11 Cr₹9 Cr
Net Profit₹1 Cr₹1 Cr₹7 Cr₹6 Cr
EPS5.074.6735.4828.33
Balance Sheet
MetricMar 2022Mar 2023Mar 2024Mar 2025
Total Assets₹25 Cr₹23 Cr₹47 Cr₹60 Cr
Total Liabilities₹21 Cr₹14 Cr₹38 Cr₹45 Cr
Equity₹3 Cr₹9 Cr₹9 Cr₹15 Cr
Total Debt
Cash Flow
MetricMar 2022Mar 2023Mar 2024Mar 2025
Operating₹3 Cr₹-3 Cr₹-6 Cr₹2 Cr
Investing₹-1 Cr₹-3 Cr₹-4 Cr₹-4 Cr
Financing₹-2 Cr₹5 Cr₹14 Cr₹1 Cr
Free Cash Flow₹3 Cr₹-3 Cr₹-6 Cr₹2 Cr
Shareholding
Promoter 71.84% Institutions 0% Public 28.16%
Efficiency & Working Capital
ROCE
Interest Coverage5.8
Dividend Payout
Debtor Days62 d
Inventory Days80 d
Payable Days27 d
Cash Conversion Cycle116 d
Working Capital Days143 d
Shareholding Details

As of 2026-03-31

Promoter71.8%
FII0%
DII0%
Institutions0%
Public28.2%
Promoter Pledge0%
No. of Shareholders628
Shareholding Pattern

Quarterly — figures in %. Latest 5 quarters.

PeriodJul 2024Aug 2025Dec 2025Jan 2026Mar 2026
Promoters99.9%99.9%71.8%71.8%71.8%
FIIs0%0%0%0%0%
DIIs0%0%1.3%1.3%0%
Public0.1%0.1%26.9%26.9%28.2%
Promoter Pledge0%0%0%0%0%
No. of Shareholders88661661628
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503
Major Shareholders (>1%)
NameCategoryStakeShares
Sprayking LimitedShareholding of Promoter and Promoter Group51.6%16,00,000
Hitesh Pragajibhai DudhagaraShareholding of Promoter and Promoter Group10%3,09,800
Ronak Hitesh DudhagaraShareholding of Promoter and Promoter Group10%3,09,800
Shashank Pravinchandra DoshiPublic Shareholding2.1%66,240
Doshi TejPublic Shareholding1.7%52,800
Kavya DoshiPublic Shareholding1.7%51,120
Hetal Shashank DoshiPublic Shareholding1.6%49,200
Jsk Securities And Services Private LimitedPublic Shareholding1.5%45,600
Krish DudhagaraShareholding of Promoter and Promoter Group0.1%2,000
Kalpnaben Ravibhai DholariyaShareholding of Promoter and Promoter Group0.1%2,000
Pragjibhai Meghjibhai PatelShareholding of Promoter and Promoter Group0.1%2,000
Parvatiben Pragajibhai PatelShareholding of Promoter and Promoter Group0.1%2,000
Board of Directors
NameDesignationYear
Hitesh DudhagaraChairman / Executive Director / M D / Promoter2025
Ronak DudhagaraExecutive Director2025
Krish DudhagaraNon Executive Director2025
Vishal PansaraIndependent Non Exe. Director2025
Nikhil MalpaniIndependent Non Exe. Director2025
Hetal VachhaniCompany Sec. & Compli. Officer2025
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹10522
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
20250000323
2025000022
20250000019
Substantial Acquisitions (SAST)

1 disclosure(s)

Market12/02/2026 · 2,12,400
Company Information
Incorporated2023
ChairmanHitesh Dudhagara
AuditorB B Gusani & Associates
Investor Email[email protected]
🌐 www.narmadeshbrass.com

📍 Plot No.5,8 & 9 Survey No.433, Shree Ganesh Ind.Hub Changa(V), Jamnagar, Gujarat, 361012

Technical AnalysisPremium

Technical analysis (Premium)

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

IPO History
IPOlisted · listed 2026-01-21

More stocks

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