1. India Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
Garg Furnace Limited

Garg Furnace Limited

BBSE:GARGFUR
184.20
INR
-1.15
(-0.62%)
17.77EPS
6.46P/E
768.36MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
369.47
363.82
224.6
133.25
163.81
278.97
245.77
297.73
445.52
594.32
642.61
544.11
459.87
469.72
Basic EPS, GAAP
2.34
1.34
-33
-33.81
-0.32
12.74
8.94
-11.74
15.77
14.82
13.84
15.88
16.36
17.47
Free Cash Flow per Basic Share
9.83
-3.52
-46.24
-3.07
5.73
73.74
55.55
6.75
-4.06
15.31
-35.05
3.68
-77.63
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
77.84
77.73
44.73
10.93
10.64
23.35
32.97
21.15
36.75
51.63
105.69
124.28
145.44
- -
Tangible Book Value per Share
77.84
77.73
44.73
10.93
10.64
23.35
32.97
21.15
36.75
51.63
105.69
124.28
141.04
- -
Basic Weighted Avg Shares
4
4
4
4
4
4
4
4
4
4
4
5
6
6
Sales/Revenue/Turnover
1,481
1,458
900
534
657
1,118
985
1,194
1,786
2,382
2,580
2,616
2,893
2,936
Operating Margin (%)
5.52
4.96
-6.76
-23.61
0.75
-5.39
-7.81
-0.38
3.51
2.62
1.75
2.31
3.81
4.46
Depreciation Expense
13
11
14
14
13
13
13
15
13
14
16
16
19
19
Net Income, GAAP
9
5
-132
-136
-1
51
36
-47
63
59
56
76
103
109
Effective Tax Rate (%)
29.16
- -
- -
- -
- -
0.32
- -
- -
- -
- -
- -
- -
7.01
12.59
Profit Margin (%)
0.63
0.37
-14.69
-25.37
-0.2
4.57
3.64
-3.94
3.54
2.49
2.15
2.92
3.56
3.72
Working Capital
69
137
-191
-375
-337
-102
-50
-42
44
53
317
413
629
- -
LT Debt
45
173
110
53
45
47
80
67
90
41
14
13
126
- -
Total Equity
312
312
179
44
43
94
132
85
147
207
487
622
1,311
- -
Return on Invested Capital (%)
1.33
- -
- -
- -
- -
7.99
8.61
- -
30.02
23.36
11.91
10.7
9.66
- -
Return on Capital (%)
6.68
- -
- -
- -
- -
9.15
13.27
- -
31.72
24.15
15.16
13.61
9.95
- -
Return on Common Equity (%)
3.05
1.72
-53.89
-121.48
-3.01
74.95
31.74
-43.37
54.48
33.53
16.02
13.76
12.76
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
50
- -
LT Borrowings
- -
126
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
7
7
Market Capitalization
664
833
768

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
833
- -
Cash, Cash Equivalents & STI
- -
98
- -
Accounts Receivable, Net
- -
235
- -
Inventories
- -
199
- -
Total Current Liabilities
- -
204
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
50
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
43.46%
77.6%
110.6%
Free Cash Flow
-324.41%
-787.74%
-2,860.04%
Net Income, GAAP
-456.02%
-34.94%
34.79%
Sales/Revenue/Turnover
16.51%
20.66%
10.58%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
623
622
630
742
2,616
2026
602
617
942
785
2,893
2027
592
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3.39
1.6
4.21
6.56
15.88
2026
2.49
4.83
6.15
4.2
16.36
2027
2.53
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Devinder Garg
Full Time Employees
55
Sector
Non-energy minerals
Industry
Steel
Address
Kanganwal Road Ludhiana PU India 141120
IPO Date
Nov 5, 2003
Website
gargfurnacelimited.com
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Business
Garg Furnace Limited manufactures and trades alloy, non-alloy and stainless steel products in India. The company produces steel billets and ingots in sizes including 80x80 sq.mm, 100x100 sq.mm, 125x125 sq.mm and 150x150 sq.mm; rolling mill products comprising round bars from 25mm to 70mm, square bars from 45mm to 75mm and wire rods from 8mm to 15mm with tolerance levels of 0.02mm to 0.12mm; self-drilling screws under the TAGIT brand in lengths of 3/4-inch, 1-inch, 1.5-inch and 2-inch featuring zinc plating, zinc flake and xylon coatings certified to ISO 9001:2015; as well as M.S. rounds, billets, ingots, wire rods and related items like MIG wire. Garg Furnace operates furnace, rolling and fasteners divisions serving industries such as automotive, tractor, capital goods, forging, construction, manufacturing, electrical and solar primarily in northern India with exports meeting national and international quality standards. Founded in 1973 by Late Sh. Jagdish Chand Garg and headquartered in Ludhiana, Punjab, the company maintains an annual turnover of around 225 crore rupees. In September 2024, Garg Furnace approved the acquisition of at least 51% stake in Vanira Industries Private Limited for INR 400 million to expand into alloy steel, screws and fasteners sectors making it a subsidiary; it also launched its self-drilling screws product line under TAGIT marking a strategic pivot into fasteners with advanced technology from Taiwan.