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Garg Furnace

  • Market Cap: Micro Cap
  • Industry: Steel/Sponge Iron/Pig Iron
  • ISIN: INE194E01015
  • NSEID:
  • BSEID: 530615
INR
174.00
5.05 (2.99%)
BSENSE

Apr 11, 12:49 PM

BSE+NSE Vol: 734

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

167.10179.80

52 Week

156.00441.20
Valuation
Technical
Day's Volume

CASH

734 (-45.40%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

56.85%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Stock is technically in a Bearish range

  • The technical trend has deteriorated from Mildly Bearish on 18-Dec-24 and has generated -38.95% returns since then
  • Multiple factors for the stock are Bearish like MACD, Bollinger Band and KST
2

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Steel/Sponge Iron/Pig Iron

stock-summary
Market cap

INR 97 Cr (Micro Cap)

stock-summary
P/E

13.00

stock-summary
Industry P/E

29

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.21

stock-summary
Return on Equity

11.45%

stock-summary
Price to Book

1.46

Revenue and Profits (1 Year):
Net Sales:
63 Cr
(Quarterly Results - Dec 2024)
Net Profit:
2 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-45.8%
0%
-45.8%
1 Year
-38.61%
0%
-38.61%
2 Years
290.75%
0%
290.75%
3 Years
367.11%
0%
367.11%
4 Years
666.52%
0%
666.52%
5 Years
1166.38%
0%
1166.38%

Garg Furnace for the last several years.

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
19.43%
EBIT Growth (5y)
23.71%
EBIT to Interest (avg)
3.54
Debt to EBITDA (avg)
0.58
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
6.80
Tax Ratio
0
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.00%
ROCE (avg)
7.32%
ROE (avg)
17.77%
Valuation key factors
Factor
Value
P/E Ratio
13
Industry P/E
29
Price to Book Value
1.46
EV to EBIT
13.94
EV to EBITDA
10.81
EV to Capital Employed
1.58
EV to Sales
0.30
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
11.11%
ROE (Latest)
11.45%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 1 Schemes (0.0%)

FIIs

Held by 0 FIIs

Promoter with highest holding

Vaneera Garg (32.68%)

Highest Public shareholder

Securocrop Securities India Private Limited (5.55%)

Individual Investors Holdings

29.0%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 1.30% vs -0.27% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 177.03% vs -52.56% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "62.97",
          "val2": "62.16",
          "chgp": "1.30%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2.20",
          "val2": "1.07",
          "chgp": "105.61%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.03",
          "val2": "0.03",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "2.05",
          "val2": "0.74",
          "chgp": "177.03%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "3.49%",
          "val2": "1.72%",
          "chgp": "1.77%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 2.37% vs -0.74% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 125.49% vs -34.62% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "124.49",
          "val2": "121.61",
          "chgp": "2.37%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2.94",
          "val2": "1.81",
          "chgp": "62.43%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.06",
          "val2": "0.10",
          "chgp": "-40.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "2.30",
          "val2": "1.02",
          "chgp": "125.49%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "2.36%",
          "val2": "1.49%",
          "chgp": "0.87%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 0.24% vs 6.32% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 59.93% vs 30.14% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "187.46",
          "val2": "187.01",
          "chgp": "0.24%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "5.14",
          "val2": "3.88",
          "chgp": "32.47%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.09",
          "val2": "0.14",
          "chgp": "-35.71%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "4.35",
          "val2": "2.72",
          "chgp": "59.93%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "2.74%",
          "val2": "2.07%",
          "chgp": "0.67%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 8.31% vs 33.39% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -6.40% vs -6.01% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "258.03",
          "val2": "238.24",
          "chgp": "8.31%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "5.98",
          "val2": "7.30",
          "chgp": "-18.08%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.18",
          "val2": "0.16",
          "chgp": "12.50%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "5.56",
          "val2": "5.94",
          "chgp": "-6.40%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "2.32%",
          "val2": "3.06%",
          "chgp": "-0.74%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
62.97
62.16
1.30%
Operating Profit (PBDIT) excl Other Income
2.20
1.07
105.61%
Interest
0.03
0.03
Exceptional Items
0.00
0.00
Standalone Net Profit
2.05
0.74
177.03%
Operating Profit Margin (Excl OI)
3.49%
1.72%
1.77%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 1.30% vs -0.27% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is 177.03% vs -52.56% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
124.49
121.61
2.37%
Operating Profit (PBDIT) excl Other Income
2.94
1.81
62.43%
Interest
0.06
0.10
-40.00%
Exceptional Items
0.00
0.00
Standalone Net Profit
2.30
1.02
125.49%
Operating Profit Margin (Excl OI)
2.36%
1.49%
0.87%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 2.37% vs -0.74% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 125.49% vs -34.62% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
187.46
187.01
0.24%
Operating Profit (PBDIT) excl Other Income
5.14
3.88
32.47%
Interest
0.09
0.14
-35.71%
Exceptional Items
0.00
0.00
Standalone Net Profit
4.35
2.72
59.93%
Operating Profit Margin (Excl OI)
2.74%
2.07%
0.67%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 0.24% vs 6.32% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 59.93% vs 30.14% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
258.03
238.24
8.31%
Operating Profit (PBDIT) excl Other Income
5.98
7.30
-18.08%
Interest
0.18
0.16
12.50%
Exceptional Items
0.00
0.00
Standalone Net Profit
5.56
5.94
-6.40%
Operating Profit Margin (Excl OI)
2.32%
3.06%
-0.74%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 8.31% vs 33.39% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -6.40% vs -6.01% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Garg Furnace Ltd stock-summary
stock-summary
Garg Furnace Ltd
Micro Cap
Steel/Sponge Iron/Pig Iron
Incorporated in Dec.'73 as a private limited company, Garg Furnace Ltd was converted into a public limited company in Feb.'76. Promoted by Dharam Pal Garg and Jagdish Chand Garg, the Company manufacture and deal into Iron and Steel products such as M.S. Round, Ingot, Wire Rod etc. Its manufacturing plants are situated at Ludhiana, in Punjab. The company commenced operations in 1974 with a 1-tonne capacity arc furnace to manufacture steel casting.
Company Coordinates stock-summary
Company Details
Kanganwal Road G T Road, Ambala Side VPO Jugiana Ludhiana Punjab : 141120
stock-summary
Tel: 91-161-2512285
stock-summary
http://www.gargfurnaceltd.com
stock-summary
gargfurnace@yahoo.com
Registrar Details
Skyline Financial Services Pvt Ltd , D-153/A, 1st Floor, Okhla Industrial Area, Phase - I, New Delhi
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