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55.3

-2.3 -3.99%

As of 29 Jul 2026 · delayed

NSE Listed · Capital Goods - Electrical Equipment

ESM · ESM 1
What does ESM · ESM 1 mean?
NSE · 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 · 2026-07-14

Smarten Power Systems Ltd. (SMARTEN)

Volume: 3,600Avg Vol 1W: 7,200Avg Vol 1M: 13,58252W Range:42157.6
Market Cap₹105 Cr
Current Price₹55.3
Previous Close₹57.6
High / Low (52w)₹157.6 / ₹42
Volume3,600
Avg Vol (1W)7,200
Avg Vol (1M)13,582
Stock P/E2.85
Book Value₹317.6
Dividend Yield0%
ROE10.52%
ROA7.74%
Revenue (TTM)
Revenue Growth3.36%
Profit Margin5.54%
Total Debt₹2 Cr
Shares Outstanding2 Cr
Face Value₹10
EPS (TTM)₹19.39
P/B0.17
Debt / Equity0.36
50 DMA₹55.21
200 DMA₹64.23
Day change-3.99%
SurveillanceESM · ESM 1
Price Chart
55.3 58.17% · 1Y
132436.6L
2025-07-29
2026-07-29

20-day avg volume: 13K shares

Pros
  • Company is almost debt-free.
  • Revenue grew 231% YoY.
  • Net profit is growing year over year.
  • Stock trades below its book value.
Quarterly Results
MetricJun 2024
Revenue₹61 Cr
EBITDA₹6 Cr
Net Profit₹4 Cr
EPS
Profit & Loss (Annual)
MetricMar 2021Mar 2022Mar 2023Mar 2024Jun 2024Mar 2025
Revenue₹98 Cr₹168 Cr₹186 Cr₹199 Cr₹61 Cr₹203 Cr
EBITDA₹3 Cr₹6 Cr₹8 Cr₹17 Cr₹6 Cr₹18 Cr
Net Profit₹2 Cr₹4 Cr₹5 Cr₹11 Cr₹4 Cr₹13 Cr
EPS96.552.83.517.538.51
Balance Sheet
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Assets₹40 Cr₹62 Cr₹76 Cr₹79 Cr₹97 Cr
Total Liabilities₹35 Cr₹53 Cr₹62 Cr₹54 Cr₹59 Cr
Equity₹5 Cr₹9 Cr₹14 Cr₹26 Cr₹39 Cr
Total Debt
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating₹3 Cr₹4 Cr₹0 Cr₹5 Cr₹2 Cr
Investing₹-2 Cr₹-2 Cr₹0 Cr₹-1 Cr₹-6 Cr
Financing₹1 Cr₹1 Cr₹2 Cr₹2 Cr₹9 Cr
Free Cash Flow₹3 Cr₹4 Cr₹0 Cr₹5 Cr₹2 Cr
Shareholding
Promoter 67.1% Institutions 0% Public 32.9%
Efficiency & Working Capital
ROCE40%
Interest Coverage22.2
Dividend Payout
Debtor Days69 d
Inventory Days62 d
Payable Days49 d
Cash Conversion Cycle82 d
Working Capital Days131 d
Shareholding Details

As of 2026-06-30

Promoter67.1%
FII0%
DII0%
Institutions0%
Public32.9%
Promoter Pledge0%
No. of Shareholders1,353
Shareholding Pattern

Quarterly — figures in %. Latest 8 quarters.

PeriodDec 2024Jun 2025Jul 2025Jul 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters91.7%91.7%67.1%67.1%67.1%67.1%67.1%67.1%
FIIs0%0%0%0%0%0%0%0%
DIIs0%0%1.4%0%0%0%0%0%
Public8.3%8.3%31.5%32.9%32.9%32.9%32.9%32.9%
Promoter Pledge0%0%0%0%0%0%0%0%
No. of Shareholders24241,6741,6741,5471,4891,3651,353
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503
Major Shareholders (>1%)
NameCategoryStakeShares
Rajnish SharmaShareholding of Promoter and Promoter Group17.9%33,99,950
Arun BhardwajShareholding of Promoter and Promoter Group17.9%33,99,950
Ravi DuttShareholding of Promoter and Promoter Group17.9%33,99,950
Tirath Singh KhairaShareholding of Promoter and Promoter Group13.4%25,50,525
Rajeev GargPublic Shareholding2.9%5,52,825
Arihant Capital Markets LimitedPublic Shareholding1.5%2,91,600
Saturn Dess PrivatePublic Shareholding1%1,92,000
RenuShareholding of Promoter and Promoter Group0%0
Kapoor ChandShareholding of Promoter and Promoter Group0%0
Shashi PrabhaShareholding of Promoter and Promoter Group0%0
Varun BhardwajShareholding of Promoter and Promoter Group0%0
Anju BhardwajShareholding of Promoter and Promoter Group0%0
Atharv BhardwajShareholding of Promoter and Promoter Group0%0
Akshita BhardwajShareholding of Promoter and Promoter Group0%0
Dhanya BhardwajShareholding of Promoter and Promoter Group0%0
Hanuman ParsadShareholding of Promoter and Promoter Group0%0
Raj BalaShareholding of Promoter and Promoter Group0%0
DeepakShareholding of Promoter and Promoter Group0%0
SumanShareholding of Promoter and Promoter Group0%0
Monika K KaushikShareholding of Promoter and Promoter Group0%0
SonikaShareholding of Promoter and Promoter Group0%0
Pooja SharmaShareholding of Promoter and Promoter Group0%0
Krishana DeviShareholding of Promoter and Promoter Group0%0
Sanjay KumarShareholding of Promoter and Promoter Group0%0
Sunita RaniShareholding of Promoter and Promoter Group0%0
Board of Directors
NameDesignationYear
Arun BhardwajManaging Director2025
Rajnish SharmaWhole Time Director & Chief Executive Officer2025
Ravi DuttWhole Time Director2025
Tirath Singh KhairaWhole Time Director2025
Tejas Pralhad KarhadkarChairman & Independent Director2025
Amit KariaIndependent Director2025
Vaishali ShrivastavaIndependent Director2025
Rajbir SharmaCompany Sec. & Compli. Officer2025
Segments — Geography
RegionRevenueShare
Domestic₹153 Cr85.6%
Exports₹26 Cr14.4%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹10201515
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2025000223
2025000202
2025000022
Company Information
Incorporated2014
ChairmanTejas Pralhad Karhadkar
AuditorMahesh Yadav & Co
Investor Email[email protected]
🌐 www.smartenpowersystems.com

📍 374 1st Floor Pace City-2, Sector-37, Gurgaon, Haryana, 122001

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