1. India Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
Grand Foundry Ltd.

Grand Foundry Ltd.

44.82
INR
+0.87
(+1.98%)
0.80EPS
17.00P/E
416.35MMarket Cap
Grand Foundry Ltd.
NSE:GFSTEELS
(National Stock Exchange of India)

Recent

price

44.82

P/E

ratio

17.00

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
- -
2.59
3.06
2.55
0.99
2.15
2.37
12.58
24.52
2.26
0.35
- -
0.03
- -
- -
3.46
9.9
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
0.8
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
- -
-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
- -
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
- -
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
302
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
9.94
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
24
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
8.08
Profit Margin (%)
- -
-6
-30
-30
-11
-23
11
-19
-27
-30
-24
-34
-44
-50
-56
13
- -
Working Capital
- -
133
127
139
82
80
106
89
81
- -
4
- -
- -
- -
- -
68
- -
LT Debt
- -
-47
-137
-142
-58
-71
-64
-65
-88
-29
-31
-33
-44
-50
-56
-55
- -
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
93.14
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
115.56
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
68
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
30
30
31
Market Capitalization
342
376
416

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
134
- -
Cash, Cash Equivalents & STI
- -
1
- -
Accounts Receivable, Net
- -
124
- -
Inventories
- -
8
- -
Total Current Liabilities
- -
120
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

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
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
105
105
2027
196
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-0.07
-0.05
-0.05
-0.05
-0.22
2026
-0.05
-0.11
-0.08
0.29
0.06
2027
0.69
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

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