Grand Foundry Ltd
NSE: GFSTEELS BSE: 513343Metal
Grand Foundry Ltd (GFSTEELS) is a Metal company listed on NSE: GFSTEELS | BSE: 513343. With a market cap of ₹39.5 Cr and ROCE of 116%, it operates in the Indian Metal sector.
₹13
52W: ₹8.21 — ₹13
PE 219 · Book ₹1.79 · +626% vs bookMarket Cap₹39.5 Cr
Stock P/E219Price to Earnings
ROCE116%Return on Capital
ROE0%Return on Equity
Div. Yield0%Face Value ₹4
Weaknesses
- −Company has low interest coverage ratio.
- −Company has high debtors of 431 days.
Shareholding Pattern
Promoters70.18%
FIIs0%
DIIs0.03%
Public29.81%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 70.16% | 70.16% | 70.16% | 70.16% | 70.18%▲0.0 | 70.18% | 14.04%▼56.1 | 70.18%▲56.1 |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% |
| Public | 29.81% | 29.82%▲0.0 | 29.82% | 29.81%▼0.0 | 29.81% | 29.81% | 85.94%▲56.1 | 29.81%▼56.1 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0.02 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.53 |
| Expenses | 0.07 | 0.07 | 0.12 | 0.06 | 0.05 | 0.08 | 0.05 | 0.19 | 0.11 | 9.45 |
| Operating Profit | -0.07 | -0.05 | -0.12 | -0.06 | -0.05 | -0.08 | -0.05 | -0.19 | -0.11 | 1.08 |
| OPM % | 0% | -250% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 10.26% |
| Net Profit | -0.16 | -0.13 | -0.21 | -0.16 | -0.15 | -0.16 | -0.15 | -0.32 | -0.24 | 0.89 |
| EPS ₹ | -0.05 | -0.04 | -0.07 | -0.05 | -0.05 | -0.05 | -0.05 | -0.11 | -0.08 | 0.29 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹10.53Cr, up 0% YoY. OPM at 7.03%.
Debt Position
Borrowings at ₹6.79Cr. Debt-to-equity ratio: N/Ax. High leverage — monitor closely.
Institutional Flow
DIIs: 0.03% (+0.00pp change). FIIs: 0% (+0.00pp change). Promoters hold 70.18%.
Margin & Efficiency
ROCE improving from -5.52% (Mar 2015) to 115.62% (Mar 2026). Working capital days: 42.98.
Valuation
PE 219x with 116% ROCE. Price is 626% above book value of ₹1.79. Dividend yield: 0%.
Recent Announcements
- Disclosure Under Regulation 31A(10) 2d - Ms. Madhu Garg reclassified public after Jan 5, 2026 open offer completion; 79,11,800 shares offered at Rs2.
- Anouncement Under Regulation 31A(8) Of SEBI (LODR) Regulations,2015 14 May - Submitted disclosure for reclassification of three promoters to public under Regulation 31A.
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 8 May - Unaudited standalone results for quarter and year ended March 31, 2026 published on May 8, 2026.
- Audited Financial Results For The Quarter And Financial Year Ended 31St March 2026 7 May - Board approved audited FY26 results; auditors issued unmodified opinion; trading window opens May 10, 2026.
- Board Meeting Outcome for Outcome Of The Board Meeting 7 May - Board approved audited FY26 results; auditors issued unmodified opinion; trading window opens May 10, 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse