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News

Media spotlight triggers stock stock attention, sentiment.

  • Garg Furnace Lim - Board Meeting Intimation for Audited Financial Results Of The Company For The Fourth Quarter And Financial

    14 May 2025, 11:58AM Garg Furnace Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2025 ,inter alia, to consider and app
  • Garg Furnace Lim has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    19 Apr 2025, 10:20AM As of March 2025, 53.41% is owned by Indian Promoters and 46.59% by Public. <p align=justify> Top five Promoters holding highest number of shares of G
  • Garg Furnace Lim - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    5 Apr 2025, 4:26PM With the reference to the above captioned subject, we herewith submit the Confirmation Certificate received from our Registrar & Share Transfer Agent
  • Garg Furnace Lim - Board Meeting Outcome for Revised Outcome

    29 Mar 2025, 6:41PM Revised outcome This revised outcome is filed due to error arose from a miscalculation in the number of shares to be allotted. A total of 400,000 shar
  • Garg Furnace Lim - Appointment Of Mr. Sahil Barniyal As An Internal Auditor Of The Company

    21 Feb 2025, 5:04PM Appointment of Mr. Sahil Barniyal as an Internal Auditor of the Company

Key fundamentals

Evaluate the intrinsic value of Garg Furnace Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 50.2065 25.4567 25.0013 15.1466 21.4701
Liabilities 50.2065 25.4567 25.0013 15.1466 21.4701
Equity 4.6087 4.0087 4.0087 4.0087 4.0087
Gross Profit 5.9778 7.308 7.4644 0.0942 -6.5904
Net Profit 5.5584 5.9395 6.3227 -4.705 3.5828
Cash From Operating Activities -13.4098 8.447 0.2542 3.0963 23.1439
NPM(%) 2.15 2.49 3.54 -3.94 3.63
Revenue 258.0258 238.2442 178.5974 119.3508 98.5221
Expenses 252.048 230.9362 171.133 119.2566 105.1126
ROE(%) 11.22 11.99 12.77 -9.5 7.23

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day

Peers

Other companies within the same industry or sector that are comparable to Garg Furnace Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Steel Strips Infrastructures Ltd 28.05 0.32 0.00 164.00 295.41 0.00
Vaswani Industries Ltd 43.93 -1.70 14.07 569.25 28.82 0.00
Ashnisha Industries Ltd 3.55 -0.56 177.50 1916.48 9.46 0.00
Unison Metals Ltd 24.08 0.33 5.96 304.00 11.98 0.00

Company Info

Set up in 1973 by Sh. Dharam Pal Garg and Sh. Jagdish Chand Garg, Garg Furnace Limited (GFL) has emerged as one of northern India's leading alloy and non alloy steel manufacturers. Renowned for its impressive manufacturing base, first rate quality and wide range of Alloy and Non- alloy steel ingots as Alloy Steel Casting division, Rolling division, Drawing division. The company boasts of three state of the art manufacturing units located in Ludhiana, while other plants are already in the advanced stages of completion. And owing to the latest engineering technology, we have been able to consistently maintain the standards of excellence in the business. Our world class infrastructure is equipped with the cutting edge technology for refining and rolling of industrrial steel products. We have been supplying high quality steel products to rerollers, forges and original equipment manufacturers in a wide range of sizes 2004 -The company was ranked 760th in the BS 1000 listing of top Indian companies in terms of sales in 2002-2003. -Company, had received a composite score of 9 out of a possible 15 in Industry 2.0's SCM Metrics study. 2005 -Company was ranked 840th in the BS 1000 listing of top Indian companies in terms of sales in 2003-2004. -The board had increased authorized share capital from Rs 5 crore to Rs 10 crore -Board also approved for splitting of shares from Rs 10 each to Rs 5 each,. -The board had delisted equity shares of the company from Ludhiana Stock Exchange Association Ltd and Delhi Stock Exchange Association Ltd in accordance with the relevant rules and laws.

Set up in 1973 by Sh. Dharam Pal Garg and Sh. Jagdish Chand Garg, Garg Furnace Limited (GFL) has emerged as one of northern India's leading alloy and non alloy steel manufacturers. Renowned for its impressive manufacturing base, first rate quality and wide range of Alloy and Non- alloy steel ingots as Alloy Steel Casting division, Rolling division, Drawing division. The company boasts of three state of the art manufacturing units located in Ludhiana, while other plants are already in the advanced stages of completion. And owing to the latest engineering technology, we have been able to consistently maintain the standards of excellence in the business. Our world class infrastructure is equipped with the cutting edge technology for refining and rolling of industrrial steel products. We have been supplying high quality steel products to rerollers, forges and original equipment manufacturers in a wide range of sizes 2004 -The company was ranked 760th in the BS 1000 listing of top Indian companies in terms of sales in 2002-2003. -Company, had received a composite score of 9 out of a possible 15 in Industry 2.0's SCM Metrics study. 2005 -Company was ranked 840th in the BS 1000 listing of top Indian companies in terms of sales in 2003-2004. -The board had increased authorized share capital from Rs 5 crore to Rs 10 crore -Board also approved for splitting of shares from Rs 10 each to Rs 5 each,. -The board had delisted equity shares of the company from Ludhiana Stock Exchange Association Ltd and Delhi Stock Exchange Association Ltd in accordance with the relevant rules and laws.

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Parent Organisation

Garg Furnace Ltd.

Founded

27/12/1973

Managing Director

Mr.Toshak Garg

NSE Symbol

FAQ

The current price of Garg Furnace Ltd is

The 52-week high for Garg Furnace Ltd is

The market capitalization of Garg Furnace Ltd is currently This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Garg Furnace Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

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The CEO of Garg Furnace Ltd is Mr.Toshak Garg, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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