Garg Furnace Ltd.

BSE: GARGFUR · Iron & Steel Products · sector

₹177.85BSE close 2026-10-26

Key numbers

Market cap₹121 cr

Price₹177.85

52w high / low₹256 / ₹109

P/E10.1xSector median 15.5x

P/B1.2xSector median 1.7x

Book value₹145.4

Dividend yield–Sector median 0.60%

ROE13.6%Sector median 11.1%

ROCE11.6%Sector median 11.9%

OPM5.1%Sector median 6.7%

Debt / equity0.18xSector median 0.21x

EV/EBITDA8.6xSector median 11.8x

Interest cover16.6x

Current ratio4.08x

Sales growth 3y+7.3%Sector median +2.1%

Profit growth 3y+20.7%Sector median +13.0%

PEG2.61x

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 118 companies in Iron & Steel Products (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹9 cr vs borrowings ₹18 cr (FY26): borrowings are higher by ₹8 cr.
Operating profit covered interest 16.6x in the last 12 months.
Other income was 4% of net profit in the last 12 months.
No dividend in the last 5 financial years.
Price ₹177.85 on 2026-10-26: -30.4% from the 52-week high, +63.7% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹365.15 · low ₹110.00

Quarterly results

₹ cr	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	74	60	62	94	78	59
EBITDA	3	1	3	4	4	3
OPM %	3.5%	2.5%	5.2%	4.6%	5.4%	5.4%
Other income	1	0	0	0	0	0
Net profit	3	1	3	4	3	2
EPS (₹)	6.56	2.49	4.83	6.15	4.20	2.53
Revenue YoY					+5.8%	-1.6%
Profit YoY					-19.5%	+37.6%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	179	238	258	262	295	294
EBITDA	7	7	6	8	13	15
Net profit	6	6	6	8	10	11
EPS (₹)	15.77	14.82	13.84	15.88	16.60	17.71
Revenue growth		+33.4%	+8.3%	+1.4%	+12.6%	–
Profit growth		-6.0%	-6.4%	+37.4%	+36.8%	–
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	+7.3%	–	–
Net profit	+20.7%	–	–
EPS	+3.9%	–	–
Share price	–	-22.6% (2y)	+15.1%

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	62	99
Borrowings	1	18
Cash & equivalents	13	9
Total assets	78	165
Fixed assets	14	30
Capital work in progress	0	38
Investments	0	0
Receivables	23	24
Inventory	16	20
Payables	7	11

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	4	-14
Cash from investing	-5	-72
Cash from financing	6	76
Capex	2	35
Free cash flow	2	-49

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	12.3%	10.5%
ROCE %	12.2%	10.2%
Debtor days	32	29
Inventory days	26	29
Payable days	12	16
Cash conversion cycle (days)	46	42
Working capital days	58	78

Peers in Iron & Steel Products

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
WELCORP	₹61,798 cr	26.7x	6.8x	27.8%	19.2%	13.9%	+19.8%	0.21%
APLAPOLLO	₹57,703 cr	46.9x	10.9x	25.9%	30.1%	8.0%	+12.6%	0.28%
SHYAMMETL	₹31,351 cr	28.0x	2.7x	7.8%	14.2%	12.9%	+13.7%	0.36%
RATNAMANI	₹16,345 cr	37.8x	4.0x	11.2%	15.7%	16.7%	+0.1%	0.60%
JINDALSAW	₹14,824 cr	26.9x	1.2x	4.4%	7.2%	9.5%	+0.1%	0.86%
USHAMART	₹14,192 cr	27.9x	4.3x	16.8%	20.1%	19.6%	+4.1%	0.64%
GALLANTT	₹12,989 cr	31.9x	3.7x	12.4%	14.2%	13.8%	+3.1%	0.08%
GPIL	₹11,769 cr	14.6x	2.0x	15.1%	18.7%	21.4%	-2.2%	0.54%
JAYNECOIND	₹8,607 cr	12.5x	2.6x	23.4%	25.6%	18.9%	+4.0%	–
GARGFUR	₹121 cr	10.1x	1.2x	13.6%	11.6%	5.1%	+7.3%	–

All 118 companies in Iron & Steel Products →

Documents

Links go to the original files on the exchange website.

About the company


Sector	Industrials
Industry	Iron & Steel Products
Sub-industry	Iron & Steel Products
Symbol	GARGFUR
BSE code	530615
ISIN	INE194E01015
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.