TANDHAN INDUSTRIES LIMITED

BSE: TANDHANIN512062ISIN INE896J01014

Services
Diversified Commercial Services

Share price

₹147.60-2.30 (-1.53%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹175.00
52W low: ₹13.35
Off 52W high: -15.66%
1M return: +4.42%
3M return: -2.09%
6M return: +81.77%
1Y return: +1,060.38%
20D avg volume: 1,006
50 DMA: ₹148.39
200 DMA: —

Key ratios Consolidated

Market cap: ₹734.64 Cr
Current price: ₹147.60
52W high / low: ₹175.00 / ₹13.35
Face value: ₹10.00
P/E: 0.00
P/B: 4.22
EPS (TTM): ₹0.00
Book value / share: ₹34.97
ROE: —
ROCE: 8.60%
Operating margin: —
Net margin: —
Debt / equity: 0.52
Net debt: ₹68.23 Cr
Interest cover: 3.73
Dividend yield: 0.01%
Dividend / share (TTM): ₹0.01
Payout: —
Cash conversion cycle: 330.5 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26
Income statement
	64.01	45.74	51.12
	1.86	1.96	1.29
	65.87	47.69	52.40
	57.39	41.03	46.51
	36.68	25.13	23.30
	8.15	6.38	8.81
	3.74	2.51	2.13
	1.92	2.47	2.12
	1.55	1.24	0.77
	8.68	5.68	6.02
	8.48	6.66	5.90
	0.00	0.00	0.00
	8.48	6.66	5.90
	2.46	0.19	1.52
	6.02	6.47	4.37
	1.21	1.30	0.83
Key metrics
	11.95	10.37	8.79
	18.70%	22.70%	17.20%
	9.40%	14.10%	8.50%
	—	4.60%	—

Metric	FY26
Income statement
	96.85
	3.25
	100.10
	87.54
	48.43
	15.19
	4.64
	4.60
	2.01
	11.71
	12.56
	0.00
	12.56
	1.72
	10.84
	4.67
Key metrics
	19.17
	19.80%
	11.20%
	8.60%
	0.52
	68.23
	330.5
Balance sheet
	295.26
	155.62
	22.90
	41.25
	58.07
	16.68
	41.22
	11.63
	94.88
	91.13
	77.97
	13.16
	174.05

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.02	-0.02	0.01	0.13	0.02	0.46	0.03	0.12	0.00	0.20	0.00	0.04
	0.02	0.02	0.01	0.13	0.02	0.46	0.03	0.12	0.00	0.20	0.00	0.04
	0.02	0.12	0.06	0.12	0.04	0.05	0.05	0.05	0.03	0.06	0.03	0.04
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.04	0.00	—	—	—	—	—	—
	0.01	0.03	0.04	0.03	0.01	0.02	0.02	0.03	0.00	0.03	0.01	0.02
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.01	0.05	0.02	0.09	0.03	0.03	0.03	0.02	0.03	0.03	0.02	0.02
	0.00	-0.13	-0.05	0.01	-0.02	0.41	-0.01	0.07	-0.03	0.15	-0.02	0.00
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.00	-0.13	-0.05	0.01	-0.02	0.41	-0.01	0.07	-0.03	0.15	-0.02	0.00
	0.00	0.01	0.00	0.00	0.00	0.06	—	—	—	—	—	—
	0.00	-0.14	-0.05	0.01	-0.02	0.35	-0.01	0.07	-0.03	0.15	-0.02	0.00
	0.00	-0.03	-0.01	0.10	-0.20	3.16	-0.14	0.59	-0.26	1.32	-0.21	-0.02
Key metrics
	0.00	-0.13	-0.05	0.01	-0.02	0.41	-0.01	0.07	-0.03	0.15	-0.02	0.00
	—	—	—	—	—	—	-33.30%	58.30%	—	75.00%	—	0.00%
	—	—	—	—	—	—	-33.30%	58.30%	—	75.00%	—	0.00%
	—	-0.10%	—	0.60%	—	26.30%	—	—	—	—	—	—
	—	—	-100.00%	-100.00%	—	-100.00%	—	200.00%	—	—	—	—
	100.00%	-140.00%	-400.00%	-85.70%	33.30%	133.30%	50.00%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	0.00	0.00	0.00	—	0.04	—
	0.14	0.14	0.61	0.26	0.03	0.01
	0.18	0.14	0.61	0.26	0.07	0.01
	0.32	0.33	0.18	0.15	0.11	0.10
	0.00	0.00	0.00	—	—	—
	0.00	0.04	0.00	—	—	—
	0.11	0.11	0.08	0.07	0.03	0.03
	0.00	0.00	0.00	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00
	0.17	0.18	0.10	0.08	0.08	0.07
	-0.17	-0.19	0.43	0.10	-0.04	-0.10
	0.00	0.00	0.00	—	—	—
	-0.17	-0.19	0.43	0.10	-0.04	-0.10
	0.01	0.01	0.06	—	—	—
	-0.18	-0.20	0.37	0.10	-0.04	-0.10
	0.06	-0.09	3.35	0.92	-0.39	-0.89
Key metrics
	-0.17	-0.19	0.43	0.10	-0.04	-0.10
	-94.44%	—	—	38.50%	-100.00%	-1,000.00%
	-100.00%	—	—	38.50%	-100.00%	-1,000.00%
	—	-0.20%	27.60%	—	—	—
	—	—	-100.00%	550.00%	300.00%	—
	-146.15%	-154.10%	270.00%	350.00%	60.00%	—
	—	-0.66	-0.27	—	—	—
	—	3.30	-0.73	—	—	—
	—	0.00	0.15	—	—	—
	—	-0.09	0.02	—	—	—
Balance sheet
	—	118.53	2.00	—	—	—
	—	1.76	1.83	—	—	—
	—	0.09	0.22	—	—	—
	—	0.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	—	0.20	—	—	—
	—	0.00	0.00	—	—	—
	—	0.03	0.12	—	—	—
	—	0.06	0.44	—	—	—
	—	0.00	0.24	—	—	—
	—	0.00	0.24	—	—	—
	—	0.00	0.00	—	—	—
	—	118.47	1.56	—	—	—
Cash flow
	—	-0.66	-0.27	—	—	—
	—	-116.68	0.39	—	—	—
	—	117.21	0.00	—	—	—
	—	0.00	0.00	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +25.99%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -100.00%
Profit YoY (TTM): -146.15%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 65.05%

Quarter	September 2026	June 2026
Promoter %	65.05%	65.05%

Holder	Type	Holding	Previous	Change
ANUJ JALAN	Promoter	27.90%	27.90%	0.00%
ANKIT JALAN	Promoter	26.69%	26.69%	0.00%
DAIVIK JALAN	Promoter Group	3.01%	3.01%	0.00%
MANJU JALAN	Promoter Group	2.47%	2.47%	0.00%
RADHIKA JALAN	Promoter Group	2.47%	2.47%	0.00%
RASIKLAL P SANGHAVI (HUF)	Public	1.91%	1.91%	0.00%
HITESH N KAWA HUF	Public	1.34%	1.34%	0.00%
KAUSHIK HASMUKHLAL GANDHI HUF	Public	1.26%	1.26%	0.00%
RITU JALAN	Promoter Group	1.23%	1.23%	0.00%
PRACHI JALAN	Promoter Group	1.23%	1.23%	0.00%
DIVYANSHI JALAN	Promoter Group	0.05%	0.05%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
International Gemological Institute Limited	17,358	401.65	26.07	58.80%	+24.06% TTM	+30.32% TTM	+19.84%
WeWork India Management Limited	9,449	680.45	95.42	12.30%	—	—	+7.68%
Nesco Ltd S	7,338	1,041.40	18.21	15.50%	+13.08% TTM	-2.61% TTM	-19.90%
Indiabulls Limited S	7,314	31.36	-552.40	-3.60%	+34,733.33% TTM	+84.79% TTM	+49.98%
Rentomojo Limited	6,128	588.60	—	—	+45.51% FY26	+141.94% FY26	—
Nirlon Limited S	5,762	639.40	16.14	23.30%	—	—	+26.97%
SMARTWORKS COWORKING SPACES LIMITED	5,563	486.35	98.19	7.50%	—	—	-19.97%
LEAP India Limited	5,130	116.45	—	—	—	—	—
INOX GREEN ENERGY SERVICES LIMITED	5,062	120.65	41.54	9.50%	+16.08% TTM	+204.22% TTM	-55.31%
Quess Corp Limited	4,874	326.30	17.65	17.50%	-1.55% TTM	+198.78% TTM	+41.47%
Elevate Campuses Limited	4,729	280.60	—	—	—	—	—
INDIQUBE SPACES LIMITED S	3,980	187.75	-57.24	5.70%	—	—	-11.75%
CMS Info Systems Limited	3,475	217.10	11.84	16.20%	+1.71% TTM	-21.79% TTM	-40.17%
Hemisphere Properties India Limited S	3,172	111.30	-271.46	-1.10%	-4.21% TTM	-46.15% TTM	-19.38%
Sanghvi Movers Ltd.	2,996	346.05	14.73	15.50%	+29.75% TTM	+17.25% TTM	-12.58%
EFC (I) LIMITED	2,473	164.90	8.73	17.80%	+36.51% TTM	+45.65% TTM	—
Bluspring Enterprises Limited	2,320	155.20	-132.84	1.00%	—	—	+98.52%
Awfis Space Solutions Limited	1,833	256.10	18.39	13.50%	+21.83% TTM	+90.36% TTM	-56.94%
TeamLease Services Limited	1,659	1,085.60	11.00	11.00%	+4.68% TTM	+29.89% TTM	-35.60%
Texmaco Infrastructure & Holdings Ltd	1,507	118.25	160.59	1.40%	+5.45% TTM	+339.54% TTM	+15.87%
Updater Services Limited	1,365	203.85	14.16	8.70%	+8.93% TTM	-15.55% TTM	-11.98%
Sobhagya Mercantile Ltd. S	1,293	1,243.80	63.11	18.30%	+23.00% TTM	+8.12% TTM	+35.11%
KRYSTAL INTEGRATED SERVICES LIMITED	813	582.00	11.47	17.60%	+11.58% TTM	+14.88% TTM	-0.98%
TANDHAN INDUSTRIES LIMITED S	735	147.60	-3,690.00	-0.20%	-100.00% TTM	-146.15% TTM	+1,060.38%
South West Pinnacle Exploration Limited	613	187.80	15.35	22.30%	+39.24% TTM	+135.81% TTM	+4.30%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th September, 2026. Based on the confirmation certificate received ....7 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Pursuant to Regulation 30(9) read with schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations') we hereby inform that Tandhan ....1 Oct 2026 · Company Update / General
Disclosure under Regulation 30(9) - Outcome of Annual General Meeting of Tandhan Polyplast Limited ('TPL'), a Wholly Owned Material Subsidiary of Tandhan Industries Limited Pursuant to ....1 Oct 2026 · Company Update / Meeting Updates
Voting Results and Consolidated Scrutinizer's Report of the 42nd Annual General Meeting of Tandhan Industries Limited held on 30th September, 2026. please find enclosed the following: ....1 Oct 2026 · AGM/EGM / AGM
With reference to our earlier intimation dated 7th September, 2026, pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we hereby inform you that the Members of the Company, ....30 Sep 2026 · Corp Action / Dividend Updates
we wish to inform you that the 42nd Annual General Meeting (AGM) of the Members of the Tandhan Industries Limited (formerly known as Sanmitra Commercial Limited) was held today i.e, Wednesday, ....30 Sep 2026 · Company Update / Meeting Updates
we wish to inform you that the 42nd Annual General Meeting (AGM) of the Members of the Tandhan Industries Limited (formerly known as Sanmitra Commercial Limited) was held today i.e, Wednesday, ....30 Sep 2026 · AGM/EGM / AGM
Pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations') we are enclosing herewith the scan copy of advertisement ....25 Sep 2026 · Company Update / Newspaper Publication
Pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015 and in accordance with the Policy on Code of Conduct for Regulating, Monitoring & Reporting of Trades and Prevention ....25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
In furtherance to our earlier intimation dated 8th September, 2026, regarding the submission of the Notice of the 42nd Annual General Meeting ('AGM') of the Company, along with the Annual ....24 Sep 2026 · Company Update / Meeting Updates
In furtherance to our earlier intimation dated 8th September, 2026, regarding the submission of the Notice of the 42nd Annual General Meeting ('AGM') of the Company, along with the Annual ....24 Sep 2026 · AGM/EGM / AGM
Pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations') we are enclosing herewith the scan copy of advertisement ....9 Sep 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 34 and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), please find enclosed the Notice convening ....8 Sep 2026 · Others / Reg. 34 (1) Annual Report
Pursuant to Regulation 34 and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), please find enclosed the Notice convening ....8 Sep 2026 · Company Update / General
Pursuant to Regulation 34 and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), please find enclosed the Notice convening ....8 Sep 2026 · AGM/EGM / AGM
This is to inform you that the 42nd AGM of the Company scheduled to be held on Wednesday, 30th September, 2026 at 11.30 A.M. (IST) through Video Conferencing ('VC') facility/Other Audio ....7 Sep 2026 · Corp. Action / Record Date
This is to inform you that the 42nd AGM of the Company scheduled to be held on Wednesday, 30th September, 2026 at 11.30 A.M. (IST) through Video Conferencing ('VC') facility/Other Audio ....7 Sep 2026 · Corp. Action / Book Closure
This is to inform you that the 42nd AGM of the Company scheduled to be held on Wednesday, 30th September, 2026 at 11.30 A.M. (IST) through Video Conferencing ('VC') facility/Other Audio ....7 Sep 2026 · Corp Action / Dividend/AGM
This is in furtherance to the Outcome of the Board Meeting dated 07th September, 2026 submitted on the exchange portal on 07-09-2026 at 18:54:48. We wish to inform you that the earlier ....7 Sep 2026 · Company Update / Meeting Updates
This is in furtherance to the Outcome of the Board Meeting dated 07th September, 2026 submitted on the exchange portal on 07-09-2026 at 18:54:48. We wish to inform you that the earlier ....7 Sep 2026 · Company Update / General
In furtherance to our intimation dated 01st September, 2026, and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform ....7 Sep 2026 · Board Meeting / Outcome of Board Meeting
Tandhan Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/09/2026 ,inter alia, to consider and approve Raising of funds, consider ....1 Sep 2026 · Board Meeting / Board Meeting
Pursuant to Regulation 30 and 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), please find enclosed herewith clippings of the newspaper ....15 Aug 2026 · Company Update / General
Pursuant to Regulation 30 and 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), please find enclosed herewith clippings of the newspaper ....15 Aug 2026 · Company Update / Newspaper Publication
Pursuant to the above captioned subject, please find enclosed herewith the Monitoring Agency Reports for the quarter ended June, 30, 2026 ('said Report'). The said reports have been issued ....14 Aug 2026 · Company Update / Monitoring Agency Report
Board of Directors of Tandhan Industries Limited (Formerly known as Sanmitra Commercial Limited) ('The Company '), at their meeting held today i.e. Friday, 14th August, 2026, has inter-alia, ....14 Aug 2026 · Company Update / Meeting Updates
The Board of Directors of Tandhan Industries Limited (Formerly known as Sanmitra Commercial Limited) ('The Company '), at their meeting held today i.e. Friday, 14th August, 2026, has inter-alia, ....14 Aug 2026 · Company Update / General
Board of Directors of Tandhan Industries Limited (Formerly known as Sanmitra Commercial Limited) ('The Company '), at their meeting held today i.e. Friday, 14th August, 2026, has inter-alia, ....14 Aug 2026 · Result / Financial Results
Board of Directors of Tandhan Industries Limited at their meeting held today i.e. Friday, 14th August, 2026, has inter-alia, considered and approved the Unaudited Standalone and Consolidated ....14 Aug 2026 · Board Meeting / Outcome of Board Meeting
Tandhan Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve we hereby inform you that ....10 Aug 2026 · Board Meeting / Board Meeting
Pursuant to the above captioned subject, please find enclosed herewith the Monitoring Agency Reports for the quarter ended March 31, 2026 ('said Report'). The said reports have been issued ....9 Jul 2026 · Company Update / Monitoring Agency Report
This is in furtherance to our earlier submission of the Audited Standalone and Consolidated Financial Results along with Auditor's Report with an unmodified opinion for the fourth quarter ....4 Jul 2026 · Company Update / General
Pursuant to Regulation 30 and 33(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that Board of Directors of Tandhan Industries Limited ....4 Jul 2026 · Result / Financial Results
Based on the confirmation certificate received dated 1st July, 2026 from Purva Sharegistry (India) Pvt. Ltd., the Registrar and Share Transfer Agent (RTA) of our Company, we hereby certify ....3 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 ....2 Jul 2026 · Company Update / Newspaper Publication
Pursuant to the SEBI (PIT) Regulations, 2015 (including any statutory modification(s) or re-enactment(s) thereof, for the time being in force) and in accordance with the Policy on Code ....25 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Pursuant to the above captioned subject, please find enclosed herewith the Monitoring Agency Reports for the quarter ended December, 31, 2025 ('said Report'). The said reports have been ....3 Jun 2026 · Company Update / Monitoring Agency Report
Pursuant to Regulation 30 and 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), please find enclosed herewith clippings of the newspaper ....1 Jun 2026 · Company Update / Newspaper Publication
attached herewith30 May 2026 · Board Meeting / Outcome of Board Meeting
Pursuant to Regulation 30 and 33(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that Board of Directors of Tandhan Industries Limited ....30 May 2026 · Result / Financial Results

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 0.0100	23 Sep 2026	23 Sep 2026	—

Board meetings

14 Aug 2026 Board Meeting - Financial Results