Grand Foundry

  • Market Cap: Micro Cap
  • Industry: Iron & Steel Products
  • ISIN: INE534A01028
  • NSEID: GFSTEELS
  • BSEID: 513343
INR
27.43
1.3 (4.98%)
BSENSE

Sep 24, 03:30 PM

BSE+NSE Vol: 12.24 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

12.24 k (47.35%) Volume

Shareholding (Jun 2026)

FII

0.00%

Held by 0 FIIs

DII

0.03%

Held by 2 DIIs

Promoter

70.18%

Which are the latest news on Grand Foundry?

24-Sep-2026

Why is Grand Foundry Ltd falling/rising?

06-Sep-2026

As of 05-Sep, Grand Foundry Ltd's stock price is stable at Rs. 13.32, with a 4.96% increase over the past month despite a decline in investor participation. The stock has shown strong long-term growth, outperforming the Sensex, but faces short-term challenges in trading volume and sector performance.

As of 05-Sep, Grand Foundry Ltd's stock price is currently stable at Rs. 13.32, showing no change from the previous trading session. Despite this stability, the stock has demonstrated a positive performance over the past month, with a rise of 4.96%, while the benchmark Sensex has declined by 2.44% during the same period. Additionally, the stock has reached a new 52-week high today, indicating a strong upward trend in its price.<BR><BR>However, there are some concerning factors contributing to a mixed outlook. The stock has underperformed its sector by 1.57% today, and there has been a notable decline in investor participation, with delivery volume dropping by 63.77% compared to the 5-day average. This erratic trading pattern, where the stock did not trade on 4 out of the last 20 days, may also signal some volatility.<BR><BR>On a positive note, Grand Foundry Ltd is trading above its moving averages across various time frames, which typically suggests a bullish trend. Over the long term, the stock has shown impressive growth, with a 61.26% increase over the past three years and a staggering 500% increase over the last five years, significantly outperforming the Sensex.<BR><BR>In summary, while the stock price of Grand Foundry Ltd is currently stable, its recent performance and historical growth indicate a generally positive trajectory, despite some short-term challenges in trading volume and sector performance.

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Who are in the management team of Grand Foundry?

01-Sep-2026

The management team of Grand Foundry includes Minal Jangla (CEO), Ketan Shah and Taroon Vaswani (Non-Executive Directors), Archana Dakhale (Director), Shivani Jain (CFO), and Nalini Singh (Company Secretary).

The management team of Grand Foundry includes the following individuals:<BR><BR>1. Minal Jangla - Director & Chief Executive Officer<BR>2. Ketan Shah - Non-Executive & Independent Director<BR>3. Taroon Vaswani - Non-Executive & Independent Director<BR>4. Archana Dakhale - Director<BR>5. Shivani Jain - Additional Director & Chief Financial Officer<BR>6. Nalini Singh - Company Secretary & Compliance Officer<BR><BR>If you need more information about any specific member or their roles, feel free to ask!

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What does Grand Foundry do?

01-Sep-2026

Grand Foundry Ltd manufactures Bright Steel bars and Wires and is classified as a Micro Cap company in the Iron & Steel Products industry. As of June 2026, it reported net sales of 20 Cr and a net profit of 2 Cr.

Overview:<BR>Grand Foundry Ltd is engaged in the manufacturing of Bright Steel bars and Wires, operating within the Iron & Steel Products industry and classified as a Micro Cap company.<BR><BR>History:<BR>Incorporated in August 1974, Grand Foundry was acquired by the Janglas in 1978. The latest quarterly results reported net sales and profit for the period ending June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 20 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 2 Cr (Quarterly Results - Jun 2026)<BR>- Market-cap: INR 41 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A<BR>- Industry P/E: 63<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.00<BR>- Return on Equity: 0.00%<BR>- Price to Book: 0.00<BR><BR>Contact Details:<BR>Address: 327 Arun Chambers, 3rd Floor Tardeo Mumbai Maharashtra : 400034<BR>Tel: 91-022-23526316<BR>Email: compliance@gfsteel.co.in<BR>Website: http://www.gfsteel.co.in

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Who are the peers of the Grand Foundry?

01-Sep-2026

Peers of the Grand Foundry include Tulsyan NEC, Dhatre Udyog, Nova Iron & Steel, Metal Coatings, Umiya Tubes, Newmalayalam St., Abha Power, and Kalana Ispat. Metal Coatings has the highest 1-year return at -21.09%, while Dhatre Udyog has the lowest at -34.86%.

Peers: The peers of the Grand Foundry are Tulsyan NEC, Dhatre Udyog, Nova Iron &Steel, Metal Coatings, Umiya Tubes, Newmalayalam St., Abha Power, and Kalana Ispat.<BR><BR>Quality Snapshot: Below Average management risk is observed at Tulsyan NEC, Dhatre Udyog, Umiya Tubes, and Kalana Ispat, while Average management risk is found at Metal Coatings and Abha Power. Nova Iron &Steel does not qualify for management risk assessment. Below Average growth is noted at Tulsyan NEC, Dhatre Udyog, Umiya Tubes, and the rest, while Average growth is seen at Metal Coatings. Nova Iron &Steel does not qualify for growth assessment. Capital Structure ratings show Good at Metal Coatings and Newmalayalam St., while Average is found at Abha Power, and the rest have Below Average ratings.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Metal Coatings at -21.09%, while Dhatre Udyog has the lowest at -34.86%. Grand Foundry's 1-year return is not available for comparison. Additionally, peers with negative six-month returns include Dhatre Udyog, Nova Iron &Steel, Metal Coatings, Umiya Tubes, and Kalana Ispat.

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How big is Grand Foundry?

01-Sep-2026

Summary could not be generated.

As of 31st August, Grand Foundry Ltd has a market capitalization of 41.00 Cr, categorized as a Micro Cap.<BR><BR>In the latest four quarters, Grand Foundry reported net sales of 30.18 Cr and a net profit of 2.44 Cr.<BR><BR>The reporting period for the balance sheet is the latest annual period. However, data for Shareholder's Funds and Total Assets is unavailable.

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When is the next results date for Grand Foundry Ltd?

16-Jul-2026

The next results date for Grand Foundry Ltd is 20 July 2026.

The next results date for Grand Foundry Ltd is scheduled for 20 July 2026.

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How has been the historical performance of Grand Foundry?

15-Nov-2025

Grand Foundry has experienced a significant decline in financial performance, with net sales dropping from 25.57 Cr in March 2019 to 0.00 Cr by March 2025, and consistently negative operating profit margins. The company has faced ongoing losses in profit before tax and earnings per share, indicating substantial operational challenges.

Answer:<BR>The historical performance of Grand Foundry shows a significant decline in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Grand Foundry's net sales have drastically decreased from 25.57 Cr in March 2019 to 0.00 Cr in March 2025, with a slight recovery to 0.10 Cr in March 2023. Total operating income followed a similar trend, peaking at 25.57 Cr in March 2019 and dropping to 0.00 Cr by March 2025. The company's total expenditure, excluding depreciation, also fell from 26.63 Cr in March 2019 to 0.31 Cr in March 2025, indicating a reduction in operational costs. However, operating profit margins have remained negative, with the worst performance recorded at -940.0% in March 2023. Profit before tax and profit after tax have consistently shown losses, with the most recent figures being -0.68 Cr for both in March 2025. The earnings per share have also declined, reaching -0.22 in March 2025, compared to -2.24 in March 2019. Overall, Grand Foundry has faced substantial challenges, leading to a continuous decline in financial performance over the years.

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Who are the top shareholders of the Grand Foundry?

17-Jul-2025

The top shareholder of Grand Foundry is Madhu Garg, who holds 70.16% of the shares, with individual investors owning 27.03%. There are no pledged promoter holdings, significant public shareholders, or foreign institutional investors involved.

The top shareholders of Grand Foundry are primarily the promoters, with Madhu Garg holding the largest share at 70.16%. There are no pledged promoter holdings, and individual investors collectively hold 27.03% of the shares. Additionally, there are two mutual fund schemes that hold a very small percentage (0.01%), but no foreign institutional investors (FIIs) are involved. There are no significant public shareholders listed.

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What is the technical trend for Grand Foundry?

09-Jun-2025

As of June 3, 2025, Grand Foundry's technical trend is mildly bearish, with bearish signals from the weekly MACD and RSI, daily moving averages, and Bollinger Bands, despite a slight improvement in the monthly MACD.

As of 3 June 2025, the technical trend for Grand Foundry has changed from bearish to mildly bearish. The weekly MACD and RSI are both bearish, indicating a negative momentum in the short term. The monthly MACD is mildly bearish, suggesting a slight improvement over a longer time frame, but the overall sentiment remains weak. Bollinger Bands are also signaling mildly bearish conditions on both weekly and monthly charts. Daily moving averages confirm a bearish stance, while the KST reflects a bearish trend on the weekly and mildly bearish on the monthly. Dow Theory shows no trend in both weekly and monthly perspectives, and the OBV indicates no trend as well. Overall, the current technical stance is mildly bearish, driven primarily by the bearish indicators in the weekly MACD and RSI, alongside the daily moving averages.

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Has Grand Foundry declared dividend?

06-Jun-2025

No Dividend History Available

iScoreScore

Dashboard

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Unrated Stock - No Analysis Available
stock-summaryMojo Parameters

Mojo Parameters

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Stock DNA

stock-summary
Industry

Iron & Steel Products

stock-summary
Market cap

INR 83 Cr (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

61

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.00

stock-summary
Return on Equity

0.00%

stock-summary
Price to Book

0.00

Revenue and Profits:
Net Sales:
20 Cr
(Quarterly Results - Jun 2026)
Net Profit:
2 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
0%
0%
0.0%
6 Months
0%
0%
0.0%
1 Year
0%
0%
0.0%
2 Years
0%
0%
0.0%
3 Years
0%
0%
0.0%
4 Years
487.37%
0%
487.37%
5 Years
876.16%
0%
876.16%

Grand Foundry for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

Announcements stock-summary

Board Meeting Outcome for Outcome Of Board Meeting

17-Sep-2026 | Source : BSE

Please find attached the Outcome

Board Meeting Intimation for 1. Proposal For Issuance Of Non-Convertible Debentures (Ncds) On Private Placement Basis 2. Fund Raising Activities By Issuance Equity Shares/Warrants Convertible Into Equity Shares Of The Company Through Permissible Modes

14-Sep-2026 | Source : BSE

Grand Foundry Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/09/2026 inter alia to consider and approve Please find attached the Prior Intimation of Board Meeting

Pior Intimation Of Meeting Of The Board Of Directors Pursuant To Regulation 29 (1) Read With Regulation 29(2) Of SEBI (Listing Obligations And Disclosures Requirements) Regulations 2015 To Be Held On Thursday September 172026

12-Sep-2026 | Source : BSE

Refer to the attached document

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

No Dividend history available

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

No Data Found

Valuation key factors

No Data Found

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
Bullish
Bullish
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Bullish
Bullish
OBV
Bullish
Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Jun 2026stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 2 Schemes (0.01%)

FIIs

Held by 0 FIIs

Promoter with highest holding

Gaurav Goyal (56.13%)

Highest Public shareholder

None

Individual Investors Holdings

26.52%

stock-summaryFinancial
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Quarterly Results Snapshot (Standalone) - Jun'26 - QoQstock-summary

Jun'26
Mar'26
Change(%)
Net Sales
19.65
10.53
86.61%
Operating Profit (PBDIT) excl Other Income
2.21
1.08
104.63%
Interest
0.14
0.19
-26.32%
Exceptional Items
0.00
0.00
Standalone Net Profit
2.11
0.89
137.08%
Operating Profit Margin (Excl OI)
11.25%
10.26%
0.99%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Jun 2026 is 86.61% vs 0.00% in Mar 2026

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Jun 2026 is 137.08% vs 470.83% in Mar 2026

Half Yearly Results Snapshot (Standalone) - Sep'25stock-summary

Sep'25
Sep'24
Change(%)
Net Sales
0.00
0.00
Operating Profit (PBDIT) excl Other Income
-0.23
-0.18
-27.78%
Interest
0.24
0.19
26.32%
Exceptional Items
0.00
0.00
Standalone Net Profit
-0.47
-0.37
-27.03%
Operating Profit Margin (Excl OI)
0.00%
0.00%
NA
Values in Rs Cr.
Net Sales

Growth in half year ended Sep 2025 is 0.00% vs 0.00% in Sep 2024

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2025 is -27.03% vs -37.04% in Sep 2024

Nine Monthly Results Snapshot (Standalone) - Dec'25stock-summary

Dec'25
Dec'24
Change(%)
Net Sales
0.00
0.00
Operating Profit (PBDIT) excl Other Income
-0.33
-0.23
-43.48%
Interest
0.37
0.29
27.59%
Exceptional Items
0.00
0.00
Standalone Net Profit
-0.71
-0.52
-36.54%
Operating Profit Margin (Excl OI)
0.00%
0.00%
NA
Values in Rs Cr.
Net Sales

YoY Growth in nine months ended Dec 2025 is 0.00% vs 0.00% in Dec 2024

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2025 is -36.54% vs -20.93% in Dec 2024

Annual Results Snapshot (Standalone) - Mar'26stock-summary

Mar'26
Mar'25
Change(%)
Net Sales
10.53
0.00
Operating Profit (PBDIT) excl Other Income
0.75
-0.31
341.94%
Interest
0.56
0.39
43.59%
Exceptional Items
0.00
0.00
Standalone Net Profit
0.18
-0.68
126.47%
Operating Profit Margin (Excl OI)
7.12%
0.00%
7.12%
Values in Rs Cr.
Net Sales

YoY Growth in year ended Mar 2026 is 0.00% vs 0.00% in Mar 2025

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2026 is 126.47% vs -19.30% in Mar 2025

stock-summaryCompany CV
About Grand Foundry Ltd stock-summary
stock-summary
Grand Foundry Ltd
Micro Cap
Iron & Steel Products
Grand Foundry Limited is India's premier Bright Steel Bar processing house and was incorporated in August, 1974. Acquired by the Janglas in 1978, it is engaged in manufacturing of Bright Steel bars and Wires. The company's products are utilized for various applications in the engineering industries, including petro chemical, oil and natural gas and automotive industries throughout the world.
Company Coordinates stock-summary
Company Details
327 Arun Chambers, 3rd Floor Tardeo Mumbai Maharashtra : 400034
stock-summary
Tel: 91-022-23526316
stock-summary
compliance@gfsteel.co.in
Registrar Details
Purva Shareregistry (India) Pvt Ltd , Gala No 9, Shiv Shakti, Industrial Estate,Sitaram Mill Comp., J R Boricha Marg, Lower Parel [E], Mumbai
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