Garg Furnace

BSE: 530615
Compare with peers
₹ 185.90▲ 8.85 (+5%)29 Oct, 03:19 pm IST
Market cap
₹ 123 Cr.
P/E
11x
P/B
1.27x
52-week range
108.65 – 255.5
ROE
13%
ROCE
13%
Dividend yield
0%
Debt / equity
0.18
Sector
Industrial Products
Industry
Iron & Steel Products
Listed on
BSE

About

Garg Furnace Limited is an India-based company engaged in the business of manufacturing and trading of iron and steel products, such as mild steel rounds, ingots, wire rods, and others. The Company’s furnace division manufactures steel billets and ingots. It offers billets in various sizes, such as 80 x 80 square millimeter (sq.mm), 100 x 100 sq.mm, 125 x 125 sq.mm, and 150 x 150 sq.mm. In its rolling division, alloy and non-alloy round steel bar/square bars of different sizes are manufactured.

Quick check

The five things to look at first. Open one for more.

Garg Furnace against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)11 against a typical 18.9: cheaper than most peers (1st = cheapest).38th of 146
  • Sales growth−4.9% against a typical +13.1% from a year earlier.89th of 117
  • Profit growth+34.4% against a typical +26.2% from a year earlier.47th of 105
  • Share price, 3 months+36.4% against a typical −4.5%.13th of 134
  • Size₹ 123 Cr. market value against a typical ₹ 156.5 Cr. (1st = largest).76th of 135

Share price

1Y change +9.35%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales626571626263746061927557
Expenses616369606161725958887154
Operating Profit122212313443
OPM %1.5%3.2%3%3%1.7%3.5%3.5%2.4%5.1%4.4%5.5%5.4%
Other Income001000100000
Interest000000000000
Depreciation000000000000
Profit before tax123212313432
Tax %0%0%0%0%0%0%0%0%0%0%22.9%28.8%
Net Profit123212313432
EPS in Rs1.274.246.143.381.614.096.552.54.025.43.852.47

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
12%
5 Years
19%
3 Years
7%
TTM
10%
Compounded Profit Growth
10 Years
11%
5 Years
53%
3 Years
20%
TTM
46%
Stock Price CAGR
10 Years
25%
5 Years
42%
3 Years
−1%
TTM
—
Return on Equity
10 Years
3%
5 Years
18%
3 Years
14%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
56.91%
+3.5 pts in a year
Public
43.08%
−3.51 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 11xEPS (12 months) ₹ 16.04Median P/E 8.7x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Garg Furnace₹ 185.90₹ 123 Cr.11x1.3x13%—
JSW Steel₹ 1,187.00₹ 2,90,275 Cr.41.6x3x—14.8%
Lloyds Metals And Energy₹ 1,780.40₹ 1,00,195 Cr.27.8x7.6x36.2%22.4%
Jindal Steel₹ 1,012.00₹ 1,04,634 Cr.25.9x2.1x6.9%6.3%
Jindal Stainless₹ 684.00₹ 56,394 Cr.18.8x3.1x17.5%7.4%
Welspun Corp₹ 2,402.00₹ 63,363 Cr.25.9x4.6x19.4%9.7%

Management

Devinder Garg
Executive Chairman of the Board, Managing Director
Raj Deep
Compliance Officer
Toshak Garg
Managing Director, Whole Time Director
Vaneera Garg
Whole Time Director

Prices are delayed and for information only. Nothing on this page is investment advice.