| Management target | Revenue FY26 |
|---|
| Revenue growth | Guided ₹289 Cr for FY25-26 vs ₹262 Cr in FY24-25. |
|---|---|
| Margins | EBITDA margin improving via shift to value-added grades. |
| Demand visibility | Strong traction from Tier-1/2 auto OEMs and defense sectors. |
| Management confidence | High, citing unique 'New Middle' market positioning and capacity scaling. |
Growth
FY24 revenue was ₹258Cr; FY26 revenue target is ₹289Cr with EBITDA growing from ₹5Cr to ₹13Cr.
Outlook
Vaneera Phase 2 (204,000 MT) completion by Dec 2027; forward integration into rolling and captive solar installations planned.
Risks
Raw material price volatility, high power costs for induction furnaces, and competition from cheaper imported steel.
Investor Presentation filed with BSE, NSE: GARGFUR. Summary written with AI assistance from the document.
Garg Furnace Ltd: key numbers
- Share price
- ₹221.95
- Market cap
- ₹151.1 Cr
- Revenue (annual)
- ₹294.6 Cr
- Net profit (annual)
- ₹10.44 Cr
- P/E (TTM)
- 13.8×Sector 18.4×
- Promoter holding
- 56.91%+3.50% QoQ
- FII holding
- 0.00%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Garg Furnace Ltd
All →Garg Furnace Price Movement Clarification
Garg Furnace Limited clarified that recent stock price movements were market-driven and that the company has not withheld any material price-sensitive information.
Garg Furnace Annual General Meeting
Garg Furnace Ltd conducted its 53rd Annual General Meeting on August 29, 2026. Shareholders reviewed and approved various ordinary and special business items presented.
Garg Furnace Production Started
Garg Furnace's 51% subsidiary, Vaneera Industries, has commissioned Phase-1 of its alloy steel forgeable billets manufacturing facility in Ludhiana. This adds 1,00,000 MT per annum capacity.
Garg Furnace Annual General Meeting
This corrigendum amends the explanatory statement for Item No. 05 regarding a proposed preferential issue of warrants in the upcoming AGM on August 29, 2026.
Garg Furnace Q1 FY27 Results: Net Profit ₹1.7 Cr, Up 41.7% YoY
Garg Furnace Ltd reported revenue from operations of ₹57.2 Cr (-5.0% YoY) and net profit of ₹1.7 Cr (+41.7% YoY) for Q1 FY27.
- Key figure
- Net profit ₹1.7 Cr · +41.7% YoY
Garg Furnace Board Meeting Date
Garg Furnace Ltd will hold a board meeting on August 14, 2026, to approve the standalone and consolidated financial results for the quarter ended June 30, 2026.