What the business is, and whether it's a good one at a fair price.
Produces value-added steel grades used in automotive, agri-machinery, and industrial applications from a base in Ludhiana, Punjab, operating at 100% capacity utilization as of Q2 FY26. Consolidated FY26 revenue stood at Rs 29,460.97 lakh, with profit after tax of Rs 1,059.01 lakh and an EBITDA margin of 4.67%, making it a small-scale steelmaker by industry standards. In August 2025 the company acquired a 51.22% stake in Vaneera Industries Limited, now a subsidiary that is setting up a new alloy steel facility to broaden the product mix; FY26 was the first year of consolidation. The product strategy emphasises chemistry-led innovation in value-added grades rather than commodity steel. Quarterly performance swung sharply — Q3 FY26 standalone revenue rose ~47% YoY to Rs 9,239 lakh with PAT up ~79% YoY to Rs 367.82 lakh — while operating cash flow was negative for the year at Rs -3,503.47 lakh on a consolidated basis.
Measured from the filed financials, judged against its Iron & Steel Products peers · as of FY26 — not investment advice
Not enough history to assess.How has the market priced it — with filings on the timeline?
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
How does it stack up on valuation, returns and growth?
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Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Who owns it — and is the promoter stake clean?
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Answered from GARG FURNACE LTD.'s filed financials and exchange disclosures
GARG FURNACE LTD. is a Industrial Products company listed on BSE.
Not in the latest reported year — GARG FURNACE LTD.'s dividend payout for FY26 was nil.
No. Debt stands at 0.13× equity, and it carries net debt of ₹14 Cr. That is lower than 51% of its 114 Iron & Steel Products peers.
On trailing P/E, GARG FURNACE LTD. ranks 38 of 118 in Iron & Steel Products — cheaper than 68% of them, against an industry median of 16.2×. This is a position, not a valuation judgement.
On a typical session GARG FURNACE LTD. moves 1.70% — that is the median absolute close-to-close move across its last 267 trading days. Announcement days are routinely larger.
Every NSE and BSE filing by GARG FURNACE LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.
Figures are as last reported and may lag the latest filing. Not investment advice.