Garg Furnace Ltd (GARGFUR) — shareholding pattern, promoter holding, financials and share price
About Garg Furnace Ltd (GARGFUR)
Garg Furnace Ltd operates in the Iron & Steel Products industry, within the Capital Goods sector. It trades on the NSE as GARGFUR and on the BSE under scrip code 530615. Its ISIN is INE194E01015.
Incorporated in 1973, Garg Furnace Ltd does manufacturing and trading of Iron and Steel products [1]
Garg Furnace Ltd is engaged in the manufacturing and dealing of iron and steel products, specifically M.S. Round, Ingot, Wire Rod. It operates manufacturing plants in Ludhiana, Punjab.
The company commenced operations with a one-tonne arc furnace but shifted to induction melting technology due to technological challenges with the arc furnace.
Listed peers in Iron & Steel Products: Sarthak Metals Ltd, Hisar Metal Industries Ltd, Alliance Integrated Metaliks Ltd, Sharda Ispat Ltd, Zenith Steel Pipes & Industries Ltd, Prakash Steelage Ltd.
Valuation & Returns
10 Jul 2026At ₹113.05 a share on 10 Jul 2026, Garg Furnace Ltd (GARGFUR) was valued at a price-to-earnings ratio of 7.48x against an industry P/E of 37x and a price-to-book of 1.24x on a book value of ₹91.42 per share as of Mar 2025. Solomo computes return on equity of 16.53% and return on capital employed of 18.1% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 7.48x
- Industry P/E
- 37x
- P/B
- 1.24x
- EPS (TTM)
- ₹15.11
- Book value / share
- ₹91.42
- ROE
- 16.53%
- ROCE
- 18.1%
- ROA
- 13.21%
- Debt / equity
- 0.02x
- Dividend yield
- 0%
- EBITDA margin
- 4.67%
- 52-week range
- ₹108.65 – ₹265.8
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Garg Furnace Ltd (GARGFUR) reported revenue of ₹295 crore, net profit of ₹11 crore and earnings per share of ₹15.35. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹78.48 crore and net profit ₹2.65 crore (consolidated).
| Metric | Mar 2026 |
|---|---|
| Revenue (₹ cr) | 295 |
| Net profit (₹ cr) | 11 |
| EPS (₹) | 15.35 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 11.61% | 21.57% | 13.57% | 1.39% |
| Profit growth | - | 16.34% | 6.49% | 37.41% |
| Stock price CAGR | 30% | 37% | 5% | -43% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 56.91% of Garg Furnace Ltd (GARGFUR) (up 3.5 pp QoQ) and domestic institutional investors (DII) hold 0%. Market capitalisation was ₹77 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: SANGEETA PAREEKH 4.41%, SECUROCROP SECURITIES INDIA PRIVATE LIMITED 4.41%, BGP 11 ANALYSTICS PRIVATE LIMITED 4.41%, SAKET AGARWAL 2.13%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 56.91% | - | - | 0% | 43.09% |
| Mar 2026 | 53.41% | - | - | 0% | 46.59% |
| Dec 2025 | 53.41% | - | - | 0% | 46.59% |
| Sep 2025 | 53.41% | - | - | 0% | 46.59% |
| Jun 2025 | 53.41% | - | - | 0% | 46.59% |
| Mar 2025 | 53.41% | - | - | 0% | 46.59% |
| Dec 2024 | 56.85% | - | - | 0% | 43.15% |
| Sep 2024 | 49.36% | - | - | 0% | 50.64% |