Garg Furnace Ltd

530615

Summary

Fair Value Assessment
Undervalued (22% Discount)
Fair ValueQ281.74UncertaintyHigh
Close Price217.85Feb 27, 2025
214.40
Price Down by 3.45 | 1.58 %
Previous Close
217.85
Day Range
205.00 – 220.30
Year Range
204.20 – 441.20
Bid / Ask
205.75 × 214.4
Market Cap
1.2 Bil
Volume / Average
1.1 k / 4.4 k
Beta (5-Year)
0.47
Shares Outstanding
5.41 Mil
Primary Exchange
Bombay Stock Exchange

Business Description
Garg Furnace Ltd is an India-based company. It is engaged in the manufacturing and trading of alloy and non-alloy steel ingots, wire rods, wire round, mig wire, and casting of iron products. The company operates in a single reportable segment which is the business of manufacturing of Iron and Steel Products such as M.S. Round Ingot, Wire Rod, etc. Geographically, it operates only in India.
Contact
Kanganwal Road, G.T. Road V.P.O. Jugiana, Ludhiana, PB 141120
T +91 1612510213
www.gargfurnacelimited.com opens in a new tab
Sector
Basic Materials
Industry
Steel
Most Recent Earnings
Dec 31, 2024
Fiscal Year End
Mar 31, 2025
Employees
62

Key Metrics

Income Statement (in Mil, except ratios)
12/31/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Revenue
2,584.76 2,580.26 2,382.44 1,785.97 1,193.51 985.22
Revenue Growth %
3.66% 8.30% 33.40% 49.64% 21.14% -11.90%
Gross Profit
116.93 85.01 100.62 89.62 36.82 -44.22
Gross Profit Margin %
4.10% 3.29% 4.22% 5.02% 3.08% -4.49%
Operating Income
57.05 45.07 63.42 62.54 -4.48 -76.98
Operating Margin %
2.14% 1.75% 2.66% 3.50% -0.38% -7.81%
EBIT
66.39 53.96 59.09 63.79 -44.31 45.32
EBIT Margin %
2.54% 2.09% 2.48% 3.57% -3.71% 4.60%
EBITDA
82.41 69.66 73.23 77.16 -29.54 58.49
EBITDA Margin %
3.16% 2.70% 3.07% 4.32% -2.47% 5.94%
Net Income
71.81 55.58 59.40 63.23 -47.05 35.83
Net Profit Margin %
2.62% 2.15% 2.49% 3.54% -3.94% 3.64%
Basic EPS
15.95 13.84 14.82 15.77 -11.74 8.94
Diluted EPS
12.85 11.60 14.82 15.77 -11.74 8.94
Normalized EPS
Total Dividends per Share
Balance Sheet (in Mil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Total Assets
792.93 609.60 587.77 498.38 438.98 479.25
Total Liabilities
165.82 122.49 380.80 351.05 354.20 347.08
Total Debt
14.50 14.96 47.59 102.69 77.70 92.62
Total Equity
627.11 487.11 206.98 147.33 84.78 132.18
Cash And Cash Equivalents
118.90 59.75 8.04 20.34 12.42 1.52
Working Capital
461.02 317.24 53.21 44.07 -42.48 -18.06
Shares Outstanding (Mil)
4.61 4.61 4.01 4.01
Book Value Per Share
82.42 51.63 36.75 21.15 32.97
Total Debt To Equity
0.02 0.03 0.23 0.70 0.92 0.70
Cash Flow Statement (in Mil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Cash From Operating Activities
-188.14 -134.10 84.47 2.54 30.96 231.44
Cash From Investing Activities
0.26 -4.09 -40.09 -17.36 -1.66 -3.69
Cash From Financing Activities
306.67 189.90 -56.69 22.74 -18.41 -231.16
Capital Expenditures
6.62 23.10 18.84 2.75 5.09
Free Cash Flow
61.17 51.48 54.11 14.56 46.71
Change in Cash
118.80 51.71 -12.30 7.92 10.90 -3.41

Profile

There is no Key Executive Team data available.
Transaction History

Shares in Thousands
0 5 10 15 20 25 30 35 40
>
No Data Available
There is no available information for this investment.
Sep
2023
    • Buy
    • Acquisition
    • Option Exercise
    • Disposition
    • Sell
Transaction Detail
No Data Available
There is no available information for this investment.

Ownership

There is no Ownership data available.

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