GRAND FOUNDRY LTD
Latest filings
- EGM on Oct 28: Capital raise, warrants, preferential issue, and RPTs · Board & Shareholder Meetings
- Revised CA certificate filed for proposed name change to Tikona Communication · Compliance
- Board approves preferential issue, warrants, and acquisition of FWSL via RNCPS · Fund Raising
Snapshot
What the business is, and whether it's a good one at a fair price.
Operates under the name Grand Foundry, suggesting metal foundry or casting work, and is small in scale — FY26 revenue was ₹10.5256 crore against net profit of ₹0.1813 crore. The cost structure is dominated by materials at 95% of revenue, with employees at 1.6% and other operating costs at 4.3%, and no depreciation or capex recorded. In Q1 FY27, total income was ₹1,968.31 lakhs and profit after tax was ₹211.08 lakhs, against a loss of ₹14.69 lakhs in Q1 FY26. Filings indicate the board has approved proposals to rename the company to Tikona Communication Limited and to appoint directors associated with a telecom pivot, pointing to a strategic shift toward telecom equipment. Promoters have entered a Share Purchase Agreement to sell a 70.17% stake, with an open offer at ₹2.50 per share. The shares remain under GSM Stage 3, the lowest trading stage on the exchanges.
Scorecard
Measured from the filed financials · as of FY26 — not investment advice
Strengths
Concerns
Charts
How has the market priced it — with filings on the timeline?
GFSTEELS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Peers
How does it stack up on valuation, returns and growth?
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Financials
Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Ownership
Who owns it — and is the promoter stake clean?
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Common questions
Answered from GRAND FOUNDRY LTD's filed financials and exchange disclosures
What does GRAND FOUNDRY LTD do?
GRAND FOUNDRY LTD is listed on NSE and BSE, trading under the symbol GFSTEELS.
Is GRAND FOUNDRY LTD profitable?
Yes. Over the trailing twelve months GRAND FOUNDRY LTD reported a net profit of ₹2.44 Cr on revenue of ₹30 Cr.
Does GRAND FOUNDRY LTD pay a dividend?
Not in the latest reported year — GRAND FOUNDRY LTD's dividend payout for FY26 was nil.
Is GRAND FOUNDRY LTD debt-free?
No. It reported borrowings of ₹6.79 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹6.69 Cr after cash. Its net worth is negative — liabilities exceed assets by ₹5.45 Cr, so a debt-to-equity ratio is not meaningful.
How much does the GRAND FOUNDRY LTD share price move in a day?
On a typical session GRAND FOUNDRY LTD moves 0.00% — that is the median absolute close-to-close move across its last 69 trading days. MarketPing measures each filing's price reaction against it.
Where can I track GRAND FOUNDRY LTD's announcements?
Every NSE and BSE filing by GRAND FOUNDRY 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.