Grand Foundry Ltd

Grand Foundry Ltd

₹ 10.5 21.62%
29 Apr - close price
About

Incorporated in 1973, Grand Foundry Ltd manufactures and exports Bright Steel Bars and wires

Key Points

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

  • Market Cap 32.0 Cr.
  • Current Price 10.5
  • High / Low 10.5 / 6.00
  • Stock P/E 3.12
  • 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

  • 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

Sector: Steel Industry: Steel - Medium / Small

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF
Upcoming result date: 9 May 2024

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 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: %
3 Years: 77%
1 Year: 83%
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%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
70.12% 70.12% 70.12% 70.12% 70.12% 70.12% 70.12% 70.18% 70.18% 70.16% 70.16% 70.16%
0.02% 0.02% 0.02% 0.02% 0.02% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03%
29.86% 29.86% 29.86% 29.86% 29.86% 29.85% 29.85% 29.80% 29.79% 29.81% 29.81% 29.80%
No. of Shareholders 24,34624,24324,20124,52224,42324,37524,21724,08823,98723,86723,78523,684

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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