1. India Stocks

  2. •

    Basic Materials

  3. •

    Steel
Grand Foundry Limited

Grand Foundry Limited

GFSTEELS.NS
Grand Foundry LimitedIN flagNational Stock Exchange of India
13.61
INR
- -
- -
414.15MMarket Cap
Grand Foundry Limited
GFSTEELS.NS
(National Stock Exchange of India)

Recent

price

13.61

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
- -
2.59
3.06
2.55
0.99
2.15
2.37
12.58
24.52
2.26
0.35
- -
0.03
- -
- -
3.46
3.46
Revenue per Share
- -
-15.03
-8.62
-0.53
-2.22
-1.28
0.62
-0.05
-2.24
-0.67
-0.07
-0.07
-0.36
-0.19
-0.22
0.06
0.06
Basic EPS, GAAP
- -
9.71
3.7
-0.02
0.18
0.21
-2.25
2.44
-0.41
-0.61
-0.23
0.25
-1.45
-0.18
-0.23
-0.18
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.01
- -
- -
- -
- -
- -
Dividend per Share
- -
-5.03
-13.65
-14.18
-6.74
-8.02
-7.4
-7.45
-9.68
-1.33
-1.4
4.15
4.15
4.15
4
-2.03
-2.03
Book Value per Share
- -
-4.48
-13.1
-13.63
-5.51
-6.79
-6.18
-6.22
-8.46
-0.94
-1.01
-1.08
-1.44
-1.63
-1.85
-1.79
-1.79
Tangible Book Value per Share
- -
10
10
10
10
10
10
10
10
30
30
30
30
30
30
30
30
Basic Weighted Avg Shares
- -
27
32
27
10
22
25
131
256
69
11
- -
1
- -
- -
105
105
Sales/Revenue/Turnover
- -
12.11
29.01
-7.55
-18.88
-48.51
23.01
-15.16
-4.24
0.64
-16.35
- -
-283.1
- -
- -
7.07
7.07
Operating Margin (%)
2
2
2
2
2
2
2
1
1
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
-10
-157
-90
-6
-23
-13
6
-1
-23
-20
-2
-2
-11
-6
-7
2
2
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
-581.04
-281.58
-20.77
-223.68
-59.58
26.09
-0.38
-9.12
-29.68
-19.4
- -
-1,092.98
- -
- -
1.72
1.72
Profit Margin (%)
- -
-6
-30
-30
-11
-23
11
-19
-27
-30
-24
-34
-44
-50
-56
13
13
Working Capital
- -
133
127
139
82
80
106
89
81
- -
4
- -
- -
- -
- -
68
68
LT Debt
- -
-47
-137
-142
-58
-71
-64
-65
-88
-29
-31
-33
-44
-50
-56
-55
-55
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
93.94
93.94
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
8.1
8.1
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-8.75
-4.47
-5.49
1.49
-19.1
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
61
- -
- -
LT Borrowings
- -
- -
68
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
30
- -
30
Market Capitalization
311
342
376

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
1
- -
134
Cash, Cash Equivalents & STI
- -
- -
1
Accounts Receivable, Net
- -
- -
124
Inventories
- -
- -
8
Total Current Liabilities
62
- -
120
Payables & Accruals
- -
- -
- -
ST Debt
61
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.12%
12.78%
-3.22%
Free Cash Flow
-219.05%
-193.58%
-21.12%
Net Income, GAAP
445.4%
54.54%
-126.64%
Sales/Revenue/Turnover
- -
- -
10,300.79%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
105
105

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.02
-0.07
-0.05
- -
-0.19
2025
-0.07
-0.05
-0.05
-0.05
-0.22
2026
-0.05
-0.11
-0.08
0.29
0.06

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Grand Foundry Limited (GFSTEELS.NS) manufactures and exports bright steel bars and wires from its facility in Navi Mumbai, India. Incorporated in 1974 and acquired by the Jangla family in 1978, the company produces cold-finished stainless and alloy steel bright bars in various grades for engineering applications in petrochemical, oil and gas, and automotive sectors; it also provides pickling, heat treatment services, and export trade development support for small Indian engineering firms. Grand Foundry serves domestic customers throughout India and exports to the United States, Japan, Singapore, Italy, Australia, and Canada. In recent developments, Madhu Garg agreed to acquire a 70.12% stake from Kiran Jangla, Heena Mehta, and Namita Mehta Jangla, followed by an open offer from Rakesh Kumar Bansal and Gaurav Goyal to purchase up to 26% from public shareholders for INR 15.8 million. A tender offer for takeover commenced on November 3, 2025, with a closing date of November 17, 2025, pursuant to SEBI regulations. These transactions mark a significant change in promoter shareholding and control structure as of late 2025.