Grand Foundry Ltd
Incorporated in 1973, Grand Foundry Ltd manufactures and exports Bright Steel Bars and wires
- Market Cap ₹ 37.6 Cr.
- Current Price ₹ 12.4
- High / Low ₹ 12.4 / 7.82
- Stock P/E 3.66
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 144 %
- ROE %
- Face Value ₹ 4.00
Pros
- Company has reduced debt.
- Debtor days have improved from 880 to 79.8 days.
Cons
- Promoter holding has decreased over last quarter: -56.1%
- Promoter holding is low: 14.0%
- Contingent liabilities of Rs.15.3 Cr.
- Earnings include an other income of Rs.12.4 Cr.
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 9m | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | |
|---|---|---|---|---|---|
| 1 | 0 | 0 | 0 | 3 | |
| 12 | 13 | 1 | 0 | 3 | |
| Operating Profit | -11 | -13 | -0 | -0 | -1 |
| OPM % | -975% | -440% | -71% | -26% | |
| 38 | 32 | 0 | 1 | 12 | |
| Interest | 3 | 2 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 24 | 17 | -2 | -1 | 10 |
| Tax % | 18% | 0% | 167% | 20% | 1% |
| 20 | 17 | -4 | -1 | 10 | |
| EPS in Rs | |||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 864% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 44% |
| TTM: | 922% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 44% |
| 3 Years: | 29% |
| 1 Year: | 47% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | |
|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 10 |
| Reserves | -37 | -20 | -24 | -25 | -15 |
| 36 | 20 | 21 | 22 | 13 | |
| 3 | 3 | 4 | 3 | 4 | |
| Total Liabilities | 13 | 14 | 11 | 10 | 13 |
| 5 | 5 | 4 | 4 | 4 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 8 | 9 | 6 | 6 | 8 | |
| Total Assets | 13 | 14 | 11 | 10 | 13 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | |
|---|---|---|---|---|---|
| 12 | 18 | 1 | -0 | 10 | |
| 5 | 0 | 0 | -0 | -0 | |
| -17 | -18 | -1 | 1 | -10 | |
| Net Cash Flow | 0 | -0 | -0 | 0 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | |
|---|---|---|---|---|---|
| Debtor Days | 13 | 1,570 | 991 | 80 | |
| Inventory Days | 0 | 0 | |||
| Days Payable | |||||
| Cash Conversion Cycle | 13 | 1,570 | 991 | 80 | |
| Working Capital Days | -995 | -10,840 | -2,881 | -85 | |
| ROCE % | 50% | -5% | 2% | 144% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Actual Production - Bright Steel Bars Metric Tons ・Standalone data |
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| Sales Quantity - Bright Steel Bars Metric Tons ・Standalone data |
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| Actual Production - Scrap Metric Tons ・Standalone data |
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| Raw Material Consumption (Wire Rods/Rounds) Metric Tons ・Standalone data |
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Documents
Announcements
- Closure of Trading Window 23 Mar
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Draft Letter of Offer
20 Mar - SAR Televenture to acquire 70.17% via SPA; open offer for 26% (79,11,800 shares) at Rs2.50. Offer Apr30–May14,2026.
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Updates on Open Offer
10 Mar - Open offer to acquire 79,11,800 shares (26%) of Grand Foundry at Rs2.50/share; offer size Rs1.97 crore; PA 03-Mar-2026.
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Public Announcement - Open Offer
4 Mar - D & A Financial Services (P) Ltd. ("Manager to the Offer") has submitted to BSE a copy of Public Announcement under Regulations 3 (1) and …
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Announcement under Regulation 30 (LODR)-Change in Management Control
3 Mar - SPA dated 03-Mar-2026: Sar Televenture to acquire 2,13,51,740 shares (70.17%) at Rs1.50, aggregate ₹3.20Cr.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1][2]
Apart from manufacturing steel bright bars and wires, company also offers pickling and heat treatment lines. Major product of company is made of Stainless Steel carrying high nickel which is a sensitive item quoted in London Metal Exchange