Esaar India Ltd (531502)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Esaar India's revenue was ₹6.3 Cr (+214.3% year on year, -70.1% on the previous quarter), and net profit ₹1.7 Cr (against a loss a year earlier); the operating margin was 53.0%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹6.3 | +214.3% | -70.1% |
| Operating profit | ₹3.3 | from loss | -52.4% |
| Net profit | ₹1.7 | from loss | -93.4% |
| EPS (₹) | 0.81 | from loss | -93.4% |
| Operating margin | 53.0% | — | — |
📢 Recent Corporate Announcements
Esaar (India) Limited has released the Letter of Offer for its proposed Rights Issue to raise up to ₹59.96 crore through the issuance of 5,99,64,667 equity shares of face value ₹10 at an issue price of ₹10 per share. The rights ratio is set at 44 rights equity shares for every 15 fully paid-up shares held as of the record date, August 25, 2026. The issue will open on September 2, 2026, and close on September 11, 2026, with on-market renunciation ending September 8, 2026. The issue size is substantial, representing ~230% of the company's current market capitalisation of ₹26 crore.
- Rights issue size: 5,99,64,667 equity shares aggregating to ₹5,996.47 lakhs (₹59.96 crore)
- Issue price set at ₹10.00 per share (at face value)
- Entitlement ratio: 44 rights equity shares for every 15 equity shares held
- Record date: August 25, 2026; Issue timeline: September 2 to September 11, 2026
- Issue size represents ~230% of current market cap (₹26 cr) and ~154% of net worth (₹39 cr)
Esaar (India) Ltd has submitted a clarification to the BSE regarding a delay in submitting the outcome of its Board Meeting held on August 14, 2026. The company stated that the delay was due to technical difficulties encountered while logging into the BSE Listing Centre portal. The outcome was subsequently uploaded on August 14, 2026, at 1:03:08 PM upon resolution of the issue.
- Clarification filed in response to BSE email dated August 18, 2026
- Delay related to outcome submission of the Board Meeting held on August 14, 2026
- Filing was completed at 1:03:08 PM on August 14, 2026, following resolution of technical login issues
Esaar India Ltd has approved the terms for a ₹59.96 crore rights issue through the issuance of up to 5,99,64,667 equity shares at ₹10 per share (at par). The entitlement ratio is set at 44 rights shares for every 15 shares held, with the record date fixed for August 25, 2026. The issue will open on September 2, 2026, and close on September 11, 2026. The fundraise is massive relative to the company's size, representing ~240% of its current market cap of ₹25 crore and expanding the share base nearly fourfold from 2.04 crore to 8.04 crore shares.
- Rights issue size of up to ₹59.96 crore (5,99,64,667 shares at ₹10 each)
- Entitlement ratio of 44 rights equity shares for every 15 shares held on record date
- Record date fixed as Tuesday, August 25, 2026
- Issue opens on September 2, 2026, and closes on September 11, 2026
- Total shares expand from 2,04,42,500 to 8,04,07,167 post full subscription
Esaar India has finalized the terms of its Rights Issue to raise up to ₹59.96 Cr (₹5,996.47 Lakhs) through the issuance of up to 5,99,64,667 equity shares at ₹10 per share. The rights entitlement ratio is fixed at 44 equity shares for every 15 shares held as on the record date of August 25, 2026. The issue will open on September 02, 2026, and close on September 11, 2026. This fundraise represents ~240% of the company's current market cap of ₹25 Cr and will expand outstanding shares from 2.04 Cr to 8.04 Cr upon full subscription.
- Rights issue size of ₹59.96 Cr (5,99,64,667 shares) at ₹10 per share (FV ₹10)
- Entitlement ratio set at 44 Rights Shares for every 15 equity shares held
- Record date is August 25, 2026; issue period from September 02 to September 11, 2026
- Equity share base will expand from 2,04,42,500 to 8,04,07,167 shares post-issue
Esaar (India) Ltd has scheduled a Rights Issue Committee meeting on August 19, 2026, to finalise the terms of its proposed rights issue. The company had previously approved raising up to ₹60 crore via equity shares of face value ₹10 each on June 10, 2026. The committee will decide key parameters including the issue price, entitlement ratio, and record date. The ₹60 crore fundraise is substantial, representing approximately 250% of the company's current market capitalisation of ₹24 crore.
- Rights Issue Committee meeting scheduled on Wednesday, August 19, 2026
- Proposed Rights Issue size capped at an amount not exceeding ₹60 crore
- Meeting to finalise issue price, payment mechanism, entitlement ratio, and record date
- Trading window closed from August 14, 2026, until 48 hours post-meeting conclusion
Esaar (India) Limited has received in-principle approval from BSE Limited on August 14, 2026, for its proposed rights issue of fully paid-up equity shares. The approval was issued under reference LOD/RIGHT/RB/FIP/665/2026-27 under Regulation 30 of SEBI LODR. Key terms including the rights issue size, issue price, record date, and entitlement ratio were not specified in this intimation. The approval marks a key regulatory milestone for the company, which has a current market cap of approximately Rs 24 Cr and total debt of Rs 47 Cr.
- Received in-principle approval from BSE on August 14, 2026, for the proposed rights issue.
- Approval granted under reference number LOD/RIGHT/RB/FIP/665/2026-27.
- Details on issue size, price, and entitlement ratio were not disclosed in the announcement.
Esaar India approved its unaudited financial results for the quarter ended June 30, 2026, during a board meeting on August 14, 2026. The statutory auditors, B.L. Dasharda & Associates, issued a limited review report with an unmodified opinion, suggesting no material misstatements were identified. While the board noted the results, the specific P&L figures were not detailed in this cover letter and are expected in the full financial tables. This follows a volatile FY26 where the company reported TTM revenue of Rs 41 Cr and a net profit of Rs 11 Cr.
- Board meeting held on August 14, 2026, concluded at 12:30 P.M.
- Unaudited financial results approved for the quarter ended June 30, 2026.
- Statutory auditors issued a limited review report with an unmodified opinion.
- Company maintains a small market capitalization of Rs 23 Cr with a low promoter holding of 10.1%.
Esaar India Ltd's Board of Directors met on August 14, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. The statutory auditors, M/s. B.L Dasharda & Associates, issued a limited review report with an unmodified opinion, confirming no material misstatements were identified. While the specific quarterly figures were not detailed in the summary text, the company operates with a small market cap of ₹23 Cr and a high debt of ₹47 Cr. Investors should note the low promoter holding of 10.05% and the significant volatility in previous quarterly earnings.
- Board meeting held on August 14, 2026, concluded within 90 minutes (11:00 A.M. to 12:30 P.M.)
- Unaudited financial results for the quarter ended June 30, 2026, approved with an unmodified audit opinion
- Company reports a TTM revenue of ₹41 Cr against a market capitalization of ₹23 Cr
- Debt-to-equity ratio stands at 1.21 with total debt of ₹47 Cr as per latest context
- Promoter holding remains low at 10.05% as of June 2026
Esaar India Ltd has scheduled a board meeting on August 14, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The company, a micro-cap with a market capitalization of Rs 23 Cr, reported a volatile FY26 with TTM revenue of Rs 41 Cr and a high debt-to-equity ratio of 1.21. The upcoming results are significant as the company reported a sharp spike in net profit to Rs 25 Cr in the March 2026 quarter compared to a loss of Rs 9 Cr in the December 2025 quarter. The trading window has been closed since June 26, 2026, in anticipation of these results.
- Board meeting scheduled for August 14, 2026, to approve Q1 FY27 results.
- Trading window for insiders has been closed since June 26, 2026.
- Company reported a TTM PAT of Rs 11 Cr against a small market cap of Rs 23 Cr.
- Debt stands at Rs 47 Cr, which is approximately 2x the current market capitalization.
- Promoter holding remains low at 10.05% as of June 2026.
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