Esaar (India)

Who are the top shareholders of the Esaar (India)?

The top shareholders of Esaar (India) include promoter Dheeraj Shah with 3.1% and public shareholder Mahevarsh Fincon Private Limited with 3.91%. Individual investors hold a significant 72.3%, with no mutual funds or foreign institutional investors involved, and no pledged promoter holdings.

The top shareholders of Esaar (India) include Dheeraj Shah, who is the promoter with the highest holding at 3.1%. The highest public shareholder is Mahevarsh Fincon Private Limited, holding 3.91%. Additionally, individual investors collectively hold a significant portion of the company at 72.3%. There are no mutual funds or foreign institutional investors currently holding shares in the company, and there are no pledged promoter holdings.

Who are in the management team of Esaar (India)?

As of March 2022, the management team of Esaar (India) includes Dipti Yelve, Mehul Shah, Vaibhav Shastri, Raju Darade, Shruti Rahul Joshi, and Palak Jain, with roles ranging from directors to the CFO and Company Secretary.

As of March 2022, the management team of Esaar (India) includes the following individuals:<BR><BR>1. Dipti Yelve - Non-Executive & Independent Director<BR>2. Mehul Shah - Independent Director<BR>3. Vaibhav Shastri - Independent Director<BR>4. Raju Darade - Independent Director<BR>5. Shruti Rahul Joshi - Chairperson, Whole-Time Director, and Chief Financial Officer<BR>6. Palak Jain - Company Secretary and Compliance Officer<BR><BR>These members play various roles in the governance and operational oversight of the company.

What is the bonus history of the Esaar (India)?

Esaar (India) announced a 3:2 bonus issue on October 21, 2014, with a record date of October 22, 2014, allowing shareholders to receive three shares for every two shares held.

Esaar (India) has a bonus history that includes a 3:2 bonus issue announced on October 21, 2014. The record date for this bonus was October 22, 2014. This means that shareholders received three shares for every two shares they held at that time. If you have any more questions about the company or its financial activities, feel free to ask!

Has Esaar (India) declared dividend?

No Dividend History Available

Who are the peers of the Esaar (India)?

Esaar (India) peers include International Ge, CMS Info Systems, NESCO, SIS, Nirlon, Rapid Invest., Gemstone Invest., Harmony Capital, and Disha Resources. Esaar (India) has a 1-year return of 44.23%, significantly higher than Nirlon's 22.15%, while management and growth risks vary among peers.

Peers: The peers of Esaar (India) are International Ge, CMS Info Systems, NESCO, SIS, Nirlon, Rapid Invest., Gemstone Invest., Harmony Capital, and Disha Resources.<BR><BR>Quality Snapshot: Excellent management risk is observed at International Ge and the rest have varying levels of management risk, with Good at CMS Info Systems and Nirlon, Average at NESCO and SIS, and Below Average at Rapid Invest. and Gemstone Invest. Growth is Average at Nirlon and Esaar (India), while Below Average growth is found at CMS Info Systems, NESCO, SIS, Rapid Invest., and Gemstone Invest. Excellent capital structure is noted at International Ge, CMS Info Systems, NESCO, Rapid Invest., Gemstone Invest., and Disha Resources, while Average capital structure is seen at SIS, Good at Esaar (India), and Below Average at Nirlon.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Nirlon at 22.15%, while Rapid Invest. has the lowest return with N/A, and Esaar (India) has a 1-year return of 44.23%, which is significantly higher than Nirlon's. Additionally, SIS, Rapid Invest., and Gemstone Invest. have negative six-month returns.

What is the technical trend for Esaar (India)?

As of May 26, 2025, Esaar (India) shows a mildly bullish trend overall, supported by strong daily moving averages and bullish Bollinger Bands, despite mixed signals from weekly indicators.

As of 26 May 2025, the technical trend for Esaar (India) has changed from bullish to mildly bullish. The weekly MACD indicates a mildly bearish stance, while the monthly MACD remains bullish, suggesting mixed signals across time frames. The weekly RSI is bearish, but the monthly RSI shows no signal, indicating a lack of momentum in the longer term. Bollinger Bands are bullish on both weekly and monthly charts, supporting the mildly bullish outlook. Daily moving averages are bullish, reinforcing positive short-term sentiment. The KST shows a mildly bearish trend weekly but is bullish monthly, and Dow Theory reflects a mildly bearish stance weekly while being mildly bullish monthly. Overall, the current technical stance is mildly bullish, driven by strong daily moving averages and consistent bullish signals from Bollinger Bands, despite some bearish indicators on the weekly charts.

What does Esaar (India) do?

Esaar (India) Ltd is a micro-cap company in the diversified commercial services industry, originally incorporated in 1951. As of December 2024, it reported net sales of 15 Cr and a net profit of -6 Cr, with a market cap of INR 29 Cr.

Overview:<BR>Esaar (India) Ltd operates in the diversified commercial services industry and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was originally incorporated on August 23, 1951, under the name M/s. Essar (India) Private Limited. It changed its name to Essar (India) Limited on May 8, 1995. The latest quarterly results reported net sales and net profit for the period ending December 2024.<BR><BR>Financial Snapshot:<BR>- Net Sales: 15 Cr (Quarterly Results - Dec 2024)<BR>- Net Profit: -6 Cr (Quarterly Results - Dec 2024)<BR>- Market Cap: INR 29 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 10.00<BR>- Industry P/E: 23<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.85<BR>- Return on Equity: 8.75%<BR>- Price to Book: 0.89<BR><BR>Contact Details:<BR>Address: 204 B-Wing Chikuwadi Plot-115, W E Highway Andheri East Mumbai Maharashtra : 400099<BR>Email: esaarindialtd@gmail.com<BR>Website: http://www.esaarindia.wordpress.com

How big is Esaar (India)?

As of 24th July, Esaar (India) Ltd has a market capitalization of 32.00 Cr, with recent net sales of 12.71 Cr and a net profit of 2.83 Cr. The balance sheet for March 2024 shows shareholder's funds of 33.11 Cr and total assets of 106.09 Cr.

As of 24th July, Esaar (India) Ltd has a market capitalization of 32.00 Cr, categorizing it as a Micro Cap company.<BR><BR>For the latest four quarters, the company reported Net Sales of 12.71 Cr and a Net Profit of 2.83 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 33.11 Cr and Total Assets of 106.09 Cr.

How has been the historical performance of Esaar (India)?

Esaar (India) has experienced significant financial fluctuations, with net sales peaking at 21.94 Cr in Mar'21 and declining to 14.77 Cr by Mar'25, alongside a shift from profit to losses in operating profit and net income. Despite a decrease in total liabilities and improved cash flow from operations, the company has faced substantial challenges in recent years.

Answer:<BR>The historical performance of Esaar (India) shows significant fluctuations in its financial metrics over the years.<BR><BR>Breakdown:<BR>Esaar (India) has experienced varying net sales, peaking at 21.94 Cr in Mar'21 before declining to 14.77 Cr in Mar'25. The total operating income followed a similar trend, reaching a high of 21.94 Cr in Mar'21 and dropping to 14.77 Cr in Mar'25. The company faced challenges with operating profit, showing a negative operating profit of -5.48 Cr in Mar'25, compared to a positive 5.84 Cr in Mar'23. Profit before tax also turned negative in Mar'25 at -1.56 Cr, while profit after tax was -2.24 Cr, reflecting a downward trend from a profit of 4.48 Cr in Mar'23. The company's total liabilities decreased from 157.71 Cr in Mar'23 to 106.09 Cr in Mar'24, with total debt also declining from 106.74 Cr to 41.98 Cr in the same period. Cash flow from operating activities improved to 71 Cr in Mar'24, contrasting with a negative cash flow of -41 Cr in Mar'23. Overall, Esaar (India) has shown volatility in its financial performance, with significant losses in recent years despite some recovery in cash flow.

Is Esaar (India) overvalued or undervalued?

As of November 17, 2025, Esaar (India) is considered very expensive and overvalued with a PE ratio of -3.12 and high EV multiples, despite a strong year-to-date return of 106%, indicating a significant deterioration in its valuation outlook compared to peers like Bajaj Finance and Life Insurance.

As of 17 November 2025, the valuation grade for Esaar (India) has moved from risky to very expensive, indicating a significant deterioration in its valuation outlook. The company is currently deemed overvalued. Key ratios highlight this concern: the PE ratio stands at -3.12, the EV to EBIT is exceptionally high at 61.45, and the EV to EBITDA is also elevated at 53.20. <BR><BR>In comparison to its peers, Esaar's valuation is starkly out of line; for instance, Bajaj Finance has a PE ratio of 34.85 and an EV to EBITDA of 19.61, while Life Insurance boasts a much more attractive PE of 11.33 and an EV to EBITDA of 9.36. Despite a strong year-to-date return of 106.00% compared to the Sensex's 8.72%, the underlying financial metrics suggest that Esaar is not justified at its current price of 12.36, especially given its negative ROCE of -17.24% and ROE of -34.57%.

When is the next results date for Esaar (India) Ltd?

The next results date for Esaar (India) Ltd is 12 February 2026.

The next results date for Esaar (India) Ltd is scheduled for 12 February 2026.

Are Esaar (India) Ltd latest results good or bad?

Esaar (India) Ltd's latest Q3 FY26 results are concerning, showing a net loss of ₹8.60 crores and an 80.92% drop in revenue from the previous quarter, despite an 88.44% year-on-year increase. The company's financial instability and operational challenges suggest caution for investors.

Esaar (India) Ltd's latest results for Q3 FY26 indicate a challenging financial situation. The company reported a net loss of ₹8.60 crores, which is a significant decline of 172.63% compared to the previous quarter. This loss is particularly concerning given that the company had a profit of ₹11.84 crores in Q2 FY26. <BR><BR>Revenue also saw a drastic drop, falling 80.92% sequentially to ₹2.77 crores from ₹14.52 crores in the prior quarter, although it did show an impressive year-on-year increase of 88.44%. However, the extreme volatility in revenue raises questions about the sustainability of this growth.<BR><BR>The operating margin is notably high at 151.99%, which suggests some operational leverage, but this figure is overshadowed by the negative profit after tax margin of -310.47%. The tax charge of ₹10.17 crores on a pre-tax profit of ₹1.56 crores indicates significant accounting anomalies that warrant further investigation.<BR><BR>Overall, the results reflect severe operational volatility and financial management challenges, leading to a recommendation for caution among investors. The company's performance is characterized by instability, high leverage, and a lack of institutional support, which collectively paint a concerning picture for its future prospects.

Should I buy, sell or hold Esaar (India) Ltd?

Why is Esaar (India) Ltd falling/rising?

As of 16-Mar, Esaar (India) Ltd's stock price is at Rs 8.65, reflecting a 1.93% decrease and a 17.93% decline over the last 10 days. The stock is underperforming its sector and is close to its 52-week low, with declining investor interest indicated by a significant drop in delivery volume.

As of 16-Mar, Esaar (India) Ltd's stock price is falling, currently at Rs 8.65, which reflects a decrease of Rs 0.17 or 1.93%. The stock has been on a downward trend, having lost value for the last 10 consecutive days, resulting in a total decline of 17.93% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent bearish trend.<BR><BR>In terms of performance relative to the market, Esaar (India) has underperformed its sector by 2.72% today and has seen a significant decline of 22.84% year-to-date, compared to a 11.40% drop in the benchmark index, Sensex. The stock is also close to its 52-week low, being only 0.35% away from Rs 8.62. Furthermore, investor participation appears to be declining, with delivery volume dropping by 42.63% against the 5-day average, suggesting reduced interest among investors.<BR><BR>Overall, these factors contribute to the ongoing decline in the stock price of Esaar (India) Ltd.

Which are the latest news on Esaar (India)?