ESARIND
Esaar (India) financials
- Market cap
- ₹24 Cr
Quarterly results
Q1 FY27: revenue up 220.9%, net profit up 109.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5 | 1 | 3 | 2 | 15 +206% | 3 +88% | 21 +752% | 6 +221% |
| EBITDA | -16 | -0 | 1 | -14 | 14 +187% | 4 +42200% | 7 +497% | 3 +124% |
| Net profit | -1 | -1 | -2 | -17 | 12 +1461% | -9 −1409% | 25 +1217% | 2 +110% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −21.9% 1Y
1Y: ₹14.18 on 9 Sept 2025 → ₹11.08. High ₹15.76 (15 Oct 2025), low ₹7.81 (24 Mar 2026).
Financials, as filed
Revenue grew 150.5% a year over 2 years, FY24 to FY26. Operating margin widened to 28.0%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹6 Cr | ₹15 Cr | ₹41 Cr |
| Operating profit | ₹-2 Cr | ₹-13 Cr | ₹11 Cr |
| Operating margin | -25.6% | -89.0% | 28.0% |
| Interest | ₹7 Cr | ₹5 Cr | ₹10 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹-1 Cr | ₹-2 Cr | ₹11 Cr |
| Net margin | -8.2% | -15.2% | 27.3% |
| Cash from operations | ₹75 Cr | ₹-13 Cr | ₹0 Cr |
| Free cash flow | ₹72 Cr | ₹-13 Cr | ₹0 Cr |
| ROCE | 7.0% | 5.0% | 31.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹20 Cr | ₹20 Cr | ₹20 Cr | ₹20 Cr | ₹20 Cr | ₹20 Cr |
| Reserves | ₹-1 Cr | ₹22 Cr | ₹24 Cr | ₹13 Cr | ₹2 Cr | ₹19 Cr |
| Borrowings | ₹30 Cr | ₹81 Cr | ₹107 Cr | ₹42 Cr | ₹94 Cr | ₹47 Cr |
| Other liabilities | ₹11 Cr | ₹4 Cr | ₹7 Cr | ₹31 Cr | ₹37 Cr | ₹33 Cr |
| Total liabilities | ₹60 Cr | ₹128 Cr | ₹159 Cr | ₹106 Cr | ₹153 Cr | ₹120 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹11 Cr | ₹28 Cr | ₹18 Cr | ₹18 Cr | ₹13 Cr | ₹11 Cr |
| Other assets | ₹48 Cr | ₹100 Cr | ₹139 Cr | ₹87 Cr | ₹138 Cr | ₹107 Cr |
| Total assets | ₹60 Cr | ₹128 Cr | ₹159 Cr | ₹106 Cr | ₹153 Cr | ₹120 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, promoters added +6.95 pp while the public trimmed −6.94 pp. The shareholder count shrank 2% to 10,412.
- Promoters
- 10.1%
- Public
- 90.0%
Since Jun 2025
- Promoters +6.95 pp
- Public −6.94 pp
How it drifted, 12 quarters
Over this window promoters went from 3.1% to 10.1% — +7.0 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 3.1%, Public 96.9%.Dec '23: Promoters 3.1%, Public 96.9%.Mar '24: Promoters 3.1%, Public 96.9%.Jun '24: Promoters 3.1%, Public 96.9%.Sep '24: Promoters 3.1%, Public 96.9%.Dec '24: Promoters 3.1%, Public 96.9%.Mar '25: Promoters 3.1%, Public 96.9%.Jun '25: Promoters 3.1%, Public 96.9%.Sep '25: Promoters 3.1%, Public 96.9%.Dec '25: Promoters 10.1%, Public 89.9%.Mar '26: Promoters 10.1%, Public 90.0%.Jun '26: Promoters 10.1%, Public 90.0%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Comfort Capital Private Limited newly disclosed 1.37% held
- Mihir Chandrakant Kotecha +0.12 pp 3.26% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Esaar (India) Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Mahevarsh Fincon Private Limited | 4.29% | unchanged |
| Prabhat Capital Investments | 4.14% | unchanged |
| Parag Rameshchandra Malde . | 3.89% | unchanged |
| Swarup Guchhait | 3.43% | unchanged |
| Dimple P Sheth | 3.32% | unchanged |
| Mihir Chandrakant Kotecha | 3.26% | +0.12 pp |
| Vishwamani Matamani Tiwari | 3.11% | unchanged |
| Prabha Vishwamani Tiwari . | 2.30% | unchanged |
| Ankita Hemendra Shah | 2.16% | unchanged |
| Vilohit Property Private Limited | 1.81% | unchanged |
| Comfort Capital Private Limited | 1.37% | newly disclosed |
| Nidhi Choudhary | 1.14% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Esaar (India) Ltd.
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