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News

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  • Garg Furnace Lim - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    17 Sep 2025, 3:12PM Scrutnizer Report and Voting Results of the 52nd Annual General Meeting held on Monday, 15th September, 2025 in Compliance with Regulation 44 of the S
  • Garg Furnace Lim - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    17 Sep 2025, 3:12PM Scrutnizer Report and Voting Results of the 52nd Annual General Meeting held on Monday, 15th September, 2025 in Compliance with Regulation 44 of the S
  • Garg Furnace Lim - Shareholder Meeting / Postal Ballot-Outcome of AGM

    15 Sep 2025, 3:12PM Outcome of 52nd Annual General Meeting held on 15 September 2025
  • Garg Furnace Lim - Announcement under Regulation 30 (LODR)-Updates on Acquisition

    21 Aug 2025, 3:19PM Intimation for Completion of Acquisition/Subscription of 51.22% stake in Vaneera Industries Limited (formerly known as Vaneera Industries Private Limi
  • Garg Furnace Lim - Reg. 34 (1) Annual Report.

    20 Aug 2025, 9:28PM Annual report for the Financial Year 2024-2025
  • Garg Furnace Lim - Intimation Of Book Closure, Cut-Off Date And E-Voting For The Purpose Of 52Nd Annual General Meeting

    20 Aug 2025, 9:21PM Intimation of Book Closure, Cut-off Date and E-Voting for the purpose of 52nd Annual General Meeting
  • Garg Furnace Lim - Notice Of 52Nd Annual General Meeting Of The Members Of The Company Will Be Held On 15.09.2025

    20 Aug 2025, 9:17PM Notice of 52nd Annual General Meeting of the Members of the Company will be held on 15.09.2025
  • Garg Furnace Lim - Announcement under Regulation 30 (LODR)-Change in Directorate

    14 Aug 2025, 2:03PM Appointment of Mrs. Mehak Jain (DIN: 1152162) as an Independent Director of the Company for a period of five years w.e.f 14.08.2025\r\n\r\nApproved an
  • Garg Furnace Lim Q1 net profit down 19.87% at Rs 1.25 cr

    14 Aug 2025, 1:20PM The company reported standalone net profit of Rs 1.25 crore for the quarter ended June 30, 2025 as compared to Rs 1.56 crore in the same period last y
  • Garg Furnace Lim - Unaudited Results For The Quarter Ended 30.06.2025

    14 Aug 2025, 1:07PM Unaudited Financial Results for the Quarter ended 30.06.2025
  • Garg Furnace Lim - Board Meeting Outcome for Outcome Of Board Meeting Held On Thursday, August 14, 2025

    14 Aug 2025, 1:01PM Outcome for Unaudited Financial Results for the Quarter ended 30.06.2025
  • Garg Furnace Lim - Board Meeting Intimation for Intimation Of Board Meeting

    8 Aug 2025, 4:06PM Garg Furnace Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2025 ,inter alia, to consider and app
  • Garg Furnace Lim - Special Window - Re-Lodgement For Transfer Request Of Physical Shares\r\n\r\nRef: SEBI/HO/MIRSD/MIRSD-Pod/

    28 Jul 2025, 12:07PM Intimation Letter
  • Garg Furnace Lim has submitted to BSE the Shareholding Pattern for the Period Ended July 15, 2025

    19 Jul 2025, 7:02AM As of July 2025, 56.91% is owned by Indian Promoters and 43.09% by Public. <p align=justify> Top five Promoters holding highest number of shares of Ga
  • Garg Furnace Lim - Board Meeting Outcome for Outcome Of Meeting Of Board Of Directors Pursuant To Regulation 30 Of The SEBI\r

    15 Jul 2025, 12:11PM 28,00,000 Convertible Warrants in terms of Regulation 30 of the SEBI (Listing Obligations and\r\nDisclosure Requirements) Regulations, 2015, we would
  • Garg Furnace Lim has submitted to BSE the Shareholding Pattern for the Period Ended June 30, 2025

    12 Jul 2025, 7:02AM As of June 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 Ga
  • Garg Furnace Lim - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    10 Jul 2025, 1:44PM With reference to the above captioned subject, we herewith submit the Confirmation Certificate received from our Registrar & Share Transfer Agent (RTA

Key fundamentals

Evaluate the intrinsic value of Garg Furnace Ltd stock 

Name March-25 March-24 March-23 March-22 March-21
Assets 63.6496 50.2065 25.4567 25.0013 15.1466
Liabilities 63.6496 50.2065 25.4567 25.0013 15.1466
Equity 5.0087 4.6087 4.0087 4.0087 4.0087
Gross Profit 7.6903 5.9778 7.308 7.4644 0.0942
Net Profit 7.6359 5.5584 5.9395 6.3227 -4.705
Cash From Operating Activities 3.7955 -13.4098 8.447 0.2542 3.0963
NPM(%) 2.91 2.15 2.49 3.54 -3.94
Revenue 261.6149 258.0258 238.2442 178.5974 119.3508
Expenses 253.9246 252.048 230.9362 171.133 119.2566
ROE(%) 15.42 11.22 11.99 12.77 -9.5

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 25.78 -0.27 1.20 151.68 -194.91 0.00
Vaswani Industries Ltd 57.00 -2.53 16.28 526.50 26.12 0.00
Ashnisha Industries Ltd 3.00 0.33 150.00 1772.55 1.67 0.00
Unison Metals Ltd 20.81 0.77 15.08 281.17 15.04 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.

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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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