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Prices as of 9 Oct 2026 close · Not investment advice

Grand Foundry Limited

NSE: GFSTEELSIron & Steel ProductsTrade-to-trade true

Share price

₹42.25

+1.98% close of 9 Oct 2026

Market cap ₹129 CrP/E 52.7

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 6 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

36

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹129 Cr

P/E ratio

52.7

P/B ratio

-23.6

ROCE

117.0%

ROE

—

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹42.2552-week low ₹13.61

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Fewer than three years of filings — too early to judge growth.

Whether it grew faster than its sector

We do not have three full years of its sales yet, so there is nothing to compare with its sector.

Room to re-rate, or risk of de-rating

Too little price history yet to compare it with its own past.

Whether growth justifies the valuation

Priced at 1.6 times its growth rate, on earnings growth of 33%.

Profit growthPrice per ₹1 profitPer 1% growth
Grand Foundry Limited — this one33%/yr52.7×₹1.6
Gallantt Ispat Limited51%/yr27.8×₹0.55
Jayaswal Neco Industries Limited20%/yr15.7×₹0.79
Maharashtra Seamless Limited-3%/yr11.2×—
Sunflag Iron And Steel Company Limited-2%/yr37.2×—
Aeroflex Industries Limited20%/yr101.0×₹5.0

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Iron & Steel Products), it ranks 1 of 70 on returns, 41 of 70 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A wide advantage: it earns 117% on capital, ahead of 99% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years the business itself consumed ₹5 crore of cash before any plant spend, funded mostly borrowed — borrowings rose from ₹0 crore to ₹7 crore. It has not made a profit over 12 years.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

5 of 9 checks clear · 56%

Latest result

What the last results showed. Whether management kept its word is in Pro.

Results are expected soon.

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹129 Cr
Prev close
₹42.25
52w High
₹42.3
52w Low
₹13.6
Enterprise value
₹135 Cr
Beta
—
Price CAGR 1y
282.0%
Price CAGR 3y
78.0%
Price CAGR 5y
65.0%
Price CAGR 10y
—

Ratios

Return on assets
1.3%
PEG ratio
1.6
P/E ratio
52.7
P/B ratio
-23.6
EV / EBITDA
45.1
Industry P/E
24.8
ROCE
117.0%
ROCE 5y average
116.5%
ROE
—
Debt / Equity
—
Interest coverage
1.3
Dividend yield
0.0%
ROE 3y average
—
ROE last year
—

Annual P&L

Annual revenue
₹11 Cr
Annual profit
₹0 Cr
Operating margin
7.0%
Net profit margin
1.7%
EBITDA margin
7.0%
Sales growth 3y
372.2%
Sales growth 5y
58.3%
Profit growth 3y
33.0%
Profit growth 5y
23.0%
EPS
₹0.1
Sales growth TTM
—
Profit growth TTM
494.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹20 Cr
Profit latest quarter
₹2 Cr
YoY quarterly sales growth
—
YoY quarterly profit growth
—
OPM latest quarter
11.3%

Balance Sheet

Book Value
—
Face Value
₹4.0
Total debt
₹7 Cr
Total cash
₹0 Cr
Borrowings
₹7 Cr
Reserves / Equity
-1.4

Cash Flow

Operating cash flow
-₹1 Cr
Free cash flow
-₹1 Cr
FCF yield
-0.9%
Net cash flow
₹0 Cr

Shareholding

Promoter holding
70.2%
FII holding
—
DII holding
0.0%
Public holding
29.8%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Welspun Corp2,497.5028.565,8820.201,047.9198.64,081.114.922.9
APL Apollo Tubes2,099.8047.458,3030.40263.110.95,606.78.431.8
Shyam Metalics1,020.2025.428,4770.44350.718.15,455.123.413.0
Ratnamani Metals2,564.9041.017,9780.39107.0-37.7971.6-15.617.9
Jindal Saw275.0026.917,5860.7390.8-75.44,452.39.010.4
Usha Martin510.5028.615,5570.73142.040.71,033.016.419.5
Godawari Power211.3217.414,2270.47222.42.71,750.532.320.5
Grand Foundry39.0548.71190.002.11506.719.7116.5
Median173.8323.49860.0014.328.3213.216.613.0

Competes with: APL Apollo Tubes Limited, Godawari Power And Ispat limited, Jindal Saw Limited, Ratnamani Metals & Tubes Limited, Shyam Metalics and Energy Limited, Usha Martin Limited, Welspun Corp Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Standalone · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales0000.0200000001120
Expenses0.050.070.070.070.120.060.050.080.050.190.119.4517
Material Cost0001020
Change in Inventories000-0.85-2.34
Purchases of Stock-in-Trade00000
Employee Cost0.000.060.030.080.03
Other Expenses0.040.130.070.220.22
Operating Profit-0.05-0.07-0.07-0.05-0.12-0.06-0.05-0.08-0.05-0.19-0.111.082.22
OPM %-2501011
Other Income00.02000000.0200000.03
Exceptional items (within Other Income)00000
Interest00.170.090.080.090.100.100.100.100.130.130.190.14
Depreciation0000000000000
Profit before tax-0.05-0.22-0.16-0.13-0.21-0.16-0.15-0.16-0.15-0.32-0.240.892.11
Tax %0000000000000
Net Profit-0.05-0.22-0.16-0.13-0.21-0.16-0.15-0.16-0.15-0.32-0.240.892.11
EPS in Rs-0.02-0.07-0.05-0.04-0.07-0.05-0.05-0.05-0.05-0.11-0.080.290.69
Diluted EPS in Rs-0.05-0.11-0.080.290.69

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Standalone · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1.042.242.4713266.881.0600.10001130
Expenses1.043.352.1015279.621.200.200.460.210.319.7927
Material Cost10
Change in Inventories-0.85
Purchases of Stock-in-Trade0
Employee Cost0.17
Other Expenses0.46
Operating Profit0-1.110.37-1.92-1.06-2.74-0.14-0.20-0.36-0.21-0.310.743
OPM %0-5015-15-4.15-40-13-3607.039.94
Other Income-0.030.150.120.870.120.4600.02-0.57-0.020.0200.03
Exceptional items (within Other Income)0
Interest0.270.180.190.230.260.02000.180.340.390.560.59
Depreciation0.220.200.160.090.080.050.040.0300000
Profit before tax-0.52-1.340.14-1.37-1.28-2.35-0.18-0.21-1.11-0.57-0.680.182.44
Tax %3460-357-9682-131700000
Net Profit-2.32-1.340.64-0.05-2.33-2.04-0.21-0.21-1.11-0.57-0.680.182.44
EPS in Rs-1.280.61-0.05-2.23-0.67-0.07-0.07-0.36-0.19-0.220.060.79
Diluted EPS in Rs0.06
Dividend Payout %000000000000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
17%
5 years
58%
3 years
372%
TTM
—

Compounded profit growth

10 years
8%
5 years
23%
3 years
33%
TTM
494%

Stock price CAGR

10 years
—
5 years
65%
3 years
78%
1 year
282%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital104.174.174.174.1712121212121212
Reserves-16-11-11-11-13-15-15-15-17-17-18-18
Borrowings8.248.20118.928.1000.4304.364.895.586.79
Other Liabilities2.383.435.196.336.505.484.424.090.070.100.0712
Total Liabilities4.874.549.448.765.772.611.780.800.040.030.0113
Fixed Assets4.694.493.753.593.510.130.100.060000
CWIP000000000000
Investments000000000000
Other Assets0.180.055.695.172.262.481.680.740.040.030.0113
Total Assets4.874.549.448.765.772.611.780.800.040.030.0113

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0.270.22-2.352.54-0.43-1.87-0.690.76-4.40-0.54-0.70-0.55
Cash from Investing Activity-0.0900.570.0403.450-3.040.06000
Cash from Financing Activity-0.22-0.221.78-2.550.42-1.600.702.284.330.540.690.65
Net Cash Flow-0.04000.03-0.01-0.020.010-0.02000.10
Free Cash Flow0.180.22-1.782.58-0.431.58-0.690.76-4.34-0.54-0.70-0.55

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days390197111221195200431
Inventory Days001,80404.360000
Days Payable1,51263
Cash Conversion Cycle390489111-361195200431
Working Capital Days-400-376155-55-39-160-847-16,02443
ROCE %-5.52-6213-58-118117

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Standalone · to 30 Sep 2026
Line itemDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters707070707070707070707070
DIIs0.030.030.030.030.030.030.030.030.030.030.030.03
Public303030303030303030303030
No. of Shareholders23,78523,68423,59423,54423,46923,40823,34723,27123,18123,10623,02722,896

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +210.4% (₹13.61 → ₹42.25)Brick size ₹1.00 (fixed)Bricks 28
₹20.00₹30.00₹40.00₹42.2510 Aug18 Sep29 Sep
Price moved up one brickPrice moved down one brickLast close ₹42.25 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

6.69inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-09-30

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-09-30

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-09-30

News

News and filings about Grand Foundry Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Iron & Steel Products
Classification
Capital Goods › Iron & Steel Products
ISIN
INE534A01028

News impact

Big market events that reach Grand Foundry Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

No dividends, splits or big trades on record.

Documents

Annual reports, results presentations and earnings calls, straight from the source.

No documents on record yet.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.