TipHub

338.7

-17.79 -4.99%

As of 16 Sept 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 · 2026-06-19

Vikram Thermo (India) Ltd. (530477)

Volume: 10,025Avg Vol 1W: 25,514Avg Vol 1M: 24,50152W Range:132356.5
Key Ratios
Checked 1h ago
Market Cap₹1,062 Cr
Current Price₹338.7
Previous Close₹356.49
High / Low (52w)₹356.5 / ₹132
Volume10,025
Avg Vol (1W)25,514
Avg Vol (1M)24,501
Stock P/E24.23
Book Value₹50.03
Dividend Yield35%
ROE24.54%
ROA23.33%
Revenue (TTM)
Revenue Growth
Profit Margin30.38%
Total Debt
Shares Outstanding3 Cr
Face Value
EPS (TTM)₹13.98
P/B6.77
Debt / Equity0.04
50 DMA₹272
200 DMA₹193.24
Day change-4.99%
SurveillanceESM · ESM 1
Price Chart
338.7 101.61% · 1Y
3571361.3L
2025-09-16
2026-09-16

20-day avg volume: 19K shares

Pros
  • Healthy return on equity of 24.5%.
  • Pays a dividend yield of 35.0%.
  • Company is almost debt-free.
  • Net profit is growing year over year.
Quarterly Results
MetricSept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Revenue₹34 Cr₹34 Cr₹27 Cr₹29 Cr₹35 Cr₹34 Cr₹38 Cr₹38 Cr
EBITDA₹13 Cr₹13 Cr₹7 Cr₹11 Cr₹15 Cr₹15 Cr₹12 Cr₹18 Cr
Net Profit₹10 Cr₹9 Cr₹4 Cr₹8 Cr₹11 Cr₹11 Cr₹9 Cr₹13 Cr
EPS
Profit & Loss (Annual)
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue₹58 Cr₹56 Cr₹74 Cr₹93 Cr₹113 Cr₹102 Cr₹129 Cr₹136 Cr
EBITDA₹7 Cr₹10 Cr₹17 Cr₹13 Cr₹24 Cr₹36 Cr₹45 Cr₹53 Cr
Net Profit₹4 Cr₹7 Cr₹12 Cr₹9 Cr₹17 Cr₹25 Cr₹8 Cr₹38 Cr
EPS7.9311.8519.2413.865.398.092.5812.28
Balance Sheet
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets₹66 Cr₹73 Cr₹92 Cr₹104 Cr₹127 Cr₹143 Cr₹146 Cr₹188 Cr
Total Liabilities₹23 Cr₹19 Cr₹27 Cr₹31 Cr₹38 Cr₹29 Cr₹24 Cr₹31 Cr
Equity₹43 Cr₹55 Cr₹66 Cr₹73 Cr₹90 Cr₹114 Cr₹121 Cr₹157 Cr
Total Debt
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating₹19 Cr₹9 Cr₹19 Cr₹32 Cr₹36 Cr₹64 Cr
Investing₹-19 Cr₹-7 Cr₹-13 Cr₹-9 Cr₹-22 Cr₹-41 Cr
Financing₹3 Cr₹3 Cr₹1 Cr₹-14 Cr₹-4 Cr₹-5 Cr
Free Cash Flow₹19 Cr₹9 Cr₹19 Cr₹32 Cr₹36 Cr₹64 Cr
Shareholding
Promoter 66.01% Institutions 0.26% Public 33.74%
Efficiency & Working Capital
ROCE32.6%
Interest Coverage114.6
Dividend Payout
Debtor Days125 d
Inventory Days28 d
Payable Days34 d
Cash Conversion Cycle119 d
Working Capital Days153 d
Shareholding Details

As of 2026-06-30

Promoter66%
FII0%
DII0.3%
Institutions0.3%
Public33.7%
Promoter Pledge0%
No. of Shareholders12,055
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters65.9%65.9%65.9%65.9%65.9%65.9%65.9%66%66%66%66%66%
FIIs0%0%0%0%0%0%0%0%0%0%0%0%
DIIs0%0%0%0%0%0%0%0%0%0%0%0.3%
Public34.1%34.1%34.1%34.1%34.1%34.1%34.1%34%34%34%34%33.7%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders11,08711,28412,22914,53814,12113,98113,64013,30512,72112,16511,73912,055
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202603
Major Shareholders (>1%)
NameCategoryStakeShares
Dhirajlal Karsanbhai PatelShareholding of Promoter and Promoter Group13.7%43,02,630
Harjivanbhai K PatelShareholding of Promoter and Promoter Group5.4%16,76,625
Kundanben Ambalal PatelShareholding of Promoter and Promoter Group4.4%13,63,025
Patel Vimla DhirajlalShareholding of Promoter and Promoter Group4.3%13,31,790
Kantaben Harjivanbhai PatelShareholding of Promoter and Promoter Group3.7%11,66,776
Dinesh Harjivanbhai PatelShareholding of Promoter and Promoter Group3.7%11,45,556
Ankur Dhirajlal PatelShareholding of Promoter and Promoter Group3.2%10,03,015
Vikalp Dhirajlal PatelShareholding of Promoter and Promoter Group3.2%10,03,075
Kanchanben Ghanshyambhai PatelShareholding of Promoter and Promoter Group3.2%9,87,675
Rekhaben Mahendrakumar PatelShareholding of Promoter and Promoter Group2.8%8,88,370
Harjivanbhai K PatelShareholding of Promoter and Promoter Group2.4%7,48,845
Hetalben Ankur PatelShareholding of Promoter and Promoter Group2.4%7,50,000
Rachana Vikalp PatelShareholding of Promoter and Promoter Group2.4%7,50,000
Jaymin Chimanbhai PatelShareholding of Promoter and Promoter Group2.3%7,35,000
Basava Sankararao KolliPublic Shareholding2.3%7,12,731
Nimish Chimanbhai PatelShareholding of Promoter and Promoter Group1.9%5,88,500
Patel Alpesh AmbalalShareholding of Promoter and Promoter Group1.3%4,07,500
Investor Education And Protection Fund Authority Ministry Of Corporate AffairsPublic Shareholding1.2%3,72,755
Shailesh Ambalal PatelShareholding of Promoter and Promoter Group1.2%3,72,500
Mahendrabhai G PatelShareholding of Promoter and Promoter Group1.2%3,68,115
Dhirajlal K Patel HufShareholding of Promoter and Promoter Group1%2,98,600
Bijalben Dineshkumar PatelShareholding of Promoter and Promoter Group0.7%2,03,140
Ambalal K PatelShareholding of Promoter and Promoter Group0.5%1,55,525
Ghanshyambhai K Patel HufShareholding of Promoter and Promoter Group0.5%1,51,200
Ambalal Karsandas PatelShareholding of Promoter and Promoter Group0.4%1,18,175
Board of Directors
NameDesignationYear
Dhirajbhai Karsandas PatelChairman & Managing Director2025
D H PatelWhole-time Director2025
Ankur D PatelWhole-time Director2025
Aanal Parth SafiIndependent Non Exe. Director2025
Dinesh MistryIndependent Non Exe. Director2025
Vipulkumar Vitthalbhai PatelIndependent Non Exe. Director2025
MAHESH KANTILAL SHAHCompany Sec. & Compli. Officer2025
Segments — Geography
RegionRevenueShare
India₹91 Cr69.6%
Rest of World₹40 Cr30.4%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2026₹10323131
Corporate Actions
TypeDateValueRemark
forthcoming2026-09-22Dividend
forthcoming2026-08-11Board Meetings
dividend2025-09-19₹1 (10%)Final
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
202500061320
20250001911
2025000539
Insider / Designated-Person Trades

4 recent disclosure(s)

DHIRAJLAL KARSANBHAI PATELDisposal · 7,50,000
DHIRAJLAL KARSANBHAI PATELDisposal · 7,50,000
HETALBEN ANKUR PATELBuy · 7,50,000
RACHANA VIKALP PATELBuy · 7,50,000
Substantial Acquisitions (SAST)

4 disclosure(s)

Market24/06/2025 · 400
Market23/06/2025 · 1,115
Off Market Gift12/09/2023 · 1,14,500
Bonus14/05/2022 · 1,64,50,908
Company Information
Incorporated1994
ChairmanDhirajbhai Karsandas Patel
AuditorJ T Shah & Co
🌐 www.vikramthermo.com

📍 A/704-714 The Capital, Science City Road, Ahmedabad, Gujarat, 380060

Technical AnalysisPremium

Technical analysis (Premium)

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

More stocks

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