Garg Furnace Ltd

Garg Furnace Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Garg Furnace Ltd

₹ 141 5.56%
12 Dec - close price
gargfurnace.com BSE: 530615
About

Incorporated in 1973, Garg Furnace Ltd does manufacturing and trading of Iron and Steel products[1]

Key Points

Product Profile:[1][2]
Non-Alloy Steel round, Scrap/End Cutting, Unmatched Casting, Billets, M.S. Round,
Ingot, Wire Rod, etc.

Website BSE
  • Market Cap ₹ 96.2 Cr.
  • Current Price ₹ 141
  • High / Low ₹ 307 / 129
  • Stock P/E 10.3
  • Book Value ₹ 136
  • Dividend Yield 0.00 %
  • ROCE 13.5 %
  • ROE 13.7 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Stock is trading at 1.04 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Tax rate seems low
  • Promoter holding has decreased over last 3 years: -10.8%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Industrials Capital Goods Industrial Products Iron & Steel Products

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
60.73 53.38 62.35 61.75 61.75 65.40 71.02 62.33 62.16 62.97 74.16 60.15 61.38
59.24 52.51 58.10 60.83 60.83 63.34 68.92 60.47 61.09 60.77 71.60 58.68 58.27
Operating Profit 1.49 0.87 4.25 0.92 0.92 2.06 2.10 1.86 1.07 2.20 2.56 1.47 3.11
OPM % 2.45% 1.63% 6.82% 1.49% 1.49% 3.15% 2.96% 2.98% 1.72% 3.49% 3.45% 2.44% 5.07%
0.06 0.06 0.04 0.03 0.03 0.08 1.17 0.13 0.11 0.30 1.16 0.23 0.09
Interest 0.03 0.04 0.06 0.05 0.05 0.04 0.04 0.03 0.03 0.03 0.02 0.02 0.02
Depreciation 0.34 0.36 0.38 0.38 0.38 0.40 0.40 0.39 0.41 0.42 0.42 0.43 0.44
Profit before tax 1.18 0.53 3.85 0.52 0.52 1.70 2.83 1.57 0.74 2.05 3.28 1.25 2.74
Tax % 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%
1.18 0.53 3.85 0.51 0.51 1.70 2.83 1.56 0.74 2.05 3.28 1.25 2.74
EPS in Rs 2.94 1.32 9.60 1.27 1.27 4.24 6.14 3.38 1.61 4.09 6.55 2.50 4.02
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
148 146 90 54 66 112 99 119 179 238 258 262 259
139 139 95 65 70 118 105 119 171 231 253 254 249
Operating Profit 9 8 -5 -11 -4 -6 -6 0 7 7 5 8 9
OPM % 6% 5% -5% -21% -7% -5% -7% 0% 4% 3% 2% 3% 4%
1 1 0 0 5 13 12 -3 0 0 2 2 2
Interest 8 8 7 1 1 1 1 0 0 0 0 0 0
Depreciation 1 1 1 1 1 1 1 1 1 1 2 2 2
Profit before tax 1 0 -13 -14 -1 5 4 -5 6 6 6 8 9
Tax % 29% -80% 0% 0% -91% 0% 0% 1% 0% 0% 0% 0%
1 1 -13 -14 -0 5 4 -5 6 6 6 8 9
EPS in Rs 2.34 1.35 -33.00 -33.80 -0.32 12.75 8.93 -11.75 15.77 14.82 12.06 15.25 17.16
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 6%
5 Years: 22%
3 Years: 14%
TTM: -1%
Compounded Profit Growth
10 Years: 30%
5 Years: 25%
3 Years: 6%
TTM: 36%
Stock Price CAGR
10 Years: 30%
5 Years: 71%
3 Years: 29%
1 Year: -51%
Return on Equity
10 Years: -9%
5 Years: 18%
3 Years: 18%
Last Year: 14%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 4 4 4 4 4 4 4 4 4 4 5 5 7
Reserves 27 27 14 0 0 5 9 4 11 17 44 57 86
43 54 75 75 73 39 9 8 10 5 2 1 1
37 64 19 12 5 10 25 28 25 33 11 14 18
Total Liabilities 111 148 112 92 82 58 48 44 50 59 61 78 112
15 25 23 22 21 20 19 14 15 15 14 14 14
CWIP 5 0 0 0 0 0 0 0 0 0 0 0 0
Investments 2 2 3 2 2 0 0 0 0 0 0 4 37
89 121 86 67 59 38 29 29 35 43 46 59 62
Total Assets 111 148 112 92 82 58 48 44 50 59 61 78 112

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
11 6 -18 -1 3 31 23 3 0 8 -13 4
-5 -7 2 0 -0 3 -0 -0 -2 -4 -0 -5
-6 3 15 -1 -1 -35 -23 -2 2 -6 19 6
Net Cash Flow -1 2 -2 -2 2 -2 -0 1 1 -1 5 4

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 139 212 171 237 129 35 35 33 21 27 32 32
Inventory Days 39 39 50 23 82 71 44 41 41 28 12 26
Days Payable 91 177 68 72 28 25 28 25 18 16 14 12
Cash Conversion Cycle 87 74 153 188 184 81 51 49 44 39 30 47
Working Capital Days 13 25 -73 -258 -200 -35 -19 -18 4 3 33 40
ROCE % 12% 10% -6% -15% -1% -9% -17% -6% 32% 24% 15% 14%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
64.23% 64.23% 64.23% 64.23% 64.23% 68.86% 68.89% 49.36% 56.85% 53.41% 53.41% 53.41%
35.76% 35.75% 35.75% 35.76% 35.76% 31.13% 31.11% 50.63% 43.16% 46.59% 46.59% 46.60%
No. of Shareholders 1,7881,9211,9701,9031,9282,0252,0622,7523,0433,1333,1713,216

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