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Garg Furnace share price

Garg Furnace Ltd.

BSE: 530615 SECTOR: Steel & Iron Products  9844   16   0

270.00
-2.00 (-0.74%)
BSE: 20 Dec 04:01 PM

Price Summary

Today's High

₹ 291.9

Today's Low

₹ 269.9

52 Week High

₹ 441.2

52 Week Low

₹ 237.6

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

146.03 Cr.

Enterprise Value

138.91 Cr.

No. of Shares

0.54 Cr.

P/E

21.37

P/B

1.86

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  144.79

CASH

8.62 Cr.

DEBT

1.5 Cr.

Promoter Holding

49.36 %

EPS (TTM)

₹  12.63

Sales Growth

8.3%

ROE

18.94 %

ROCE

15.16%

Profit Growth

-6.42 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year8.3%
3 Year29.3%
5 Year18.2%

Profit Growth

1 Year-6.42%
3 Year47.07%
5 Year1.71%

ROE%

1 Year18.94%
3 Year35.65%
5 Year19.06%

ROCE %

1 Year15.16%
3 Year23.7%
5 Year12.49%

Debt/Equity

0.0394

Price to Cash Flow

-10.89

Interest Cover Ratio

32.4924

CFO/PAT (5 Yr. Avg.)

1.26757813669655

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 49.36 0.00
Jun 2024 68.89 0.00
Mar 2024 68.86 0.00
Dec 2023 64.23 0.00
Sep 2023 64.23 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 29.3038581493504% for the Past 3 years.
  • The company has significantly decreased its debt by 3.2634 Cr.
  • Company has been maintaining healthy ROE of 35.6507333333333% over the past 3 years.
  • Company has been maintaining healthy ROCE of 23.6968% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 32.4924.
  • The company has an efficient Cash Conversion Cycle of 32.6001 days.
  • Company has a healthy liquidity position with current ratio of 3.9764.

 Limitations

  • Company has negative cash flow from operations of -13.4098.
  • The company has a low EBITDA margin of 0.597281523559057% over the past 5 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 59.86 65.4 71.02 62.33 62.16
Total Expenditure 58.95 63.33 68.92 60.47 61.09
Operating Profit 0.91 2.07 2.09 1.86 1.07
Other Income 0.05 0.08 1.17 0.13 0.11
Interest 0.05 0.04 0.04 0.03 0.03
Depreciation 0.39 0.4 0.4 0.39 0.41
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.51 1.71 2.83 1.56 0.74
Tax 0 0 0 0 0
Profit After Tax 0.51 1.71 2.83 1.56 0.74
Adjusted EPS (Rs) 1.28 4.25 6.14 3.39 1.6

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 98.52 119.35 178.6 238.24 258.03
Total Expenditure 105.11 119.22 171.13 230.94 252.05
Operating Profit -6.59 0.13 7.47 7.31 5.98
Other Income 1.7 0.24 0.42 0.2 1.33
Interest 1.12 0.39 0.23 0.16 0.18
Depreciation 1.32 1.48 1.34 1.41 1.57
Exceptional Items 10.92 -3.15 0 0 0
Profit Before Tax 3.58 -4.64 6.32 5.94 5.56
Tax 0 0.06 0 0 0
Net Profit 3.58 -4.71 6.32 5.94 5.56
Adjusted EPS (Rs.) 8.94 -11.74 15.77 14.82 12.06

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 4.01 4.01 4.01 4.01 4.61
Total Reserves 9.21 4.47 10.72 16.69 44.1
Borrowings 8.04 6.67 18.08 8.26 1.4
Other N/C liabilities 0.1 0.22 0.16 0.18 0.19
Current liabilities 26.51 28.53 25.9 33.77 10.66
Total Liabilities 47.87 43.9 49.84 58.78 60.96
Assets
Net Block 18.65 14.25 14.8 14.78 14.1
Capital WIP 0 0 0 0.27 0
Intangible WIP 0 0 0 0 0
Investments 0.47 0.45 0.38 0.38 0.39
Loans & Advances 6.89 4.86 4.33 4.24 4.08
Other N/C Assets 0.31 0.05 0.02 0.02 0.02
Current Assets 21.55 24.29 30.31 39.09 42.38
Total Assets 47.87 43.9 49.84 58.78 60.96
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 3.58 -4.64 6.32 5.94 5.56
Adjustment 2.54 6.77 1.39 1.83 1.39
Changes in Assets & Liabilities 16.68 1.02 -7.26 0.83 -20.36
Tax Paid -0.02 -0.05 -0.19 -0.16 0
Operating Cash Flow 22.78 3.1 0.25 8.45 -13.41
Investing Cash Flow -0.03 -0.17 -1.74 -4.01 -0.41
Financing Cash Flow -23.09 -1.84 2.27 -5.67 18.99
Net Cash Flow -0.34 1.09 0.79 -1.23 5.17

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 64.23 64.23 68.86 68.89 49.36
amarpreet singh thukral - - 0.02 0.02 0.02
daksh garg 5.25 5.25 4.57 4.57 4.57
davinder garg 26.30 26.30 29.37 29.39 9.86
devinder garg karta of 0.09 0.09 0.08 0.08 0.51
subhash chandra gupta 0.02 0.02 0.02 0.02 0.02
toshak garg 5.41 5.41 4.71 4.71 4.71
vaneera garg 26.63 26.63 29.66 29.67 29.67
davinder garg and sons 0.50 - 0.43 0.43 -
amanpreet singh thukral 0.02 0.02 - - -
davinder garg & sons - 0.50 - - -
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 35.77 35.77 31.14 31.11 50.64
harsha hitesh javeri 1.62 1.62 1.41 1.41 1.41
hitesh ramji javeri 1.63 1.63 1.41 1.41 1.41
premier looms manufacture... - - - - 1.95
saket agrawal - - - - 4.34
securocrop securities ind... 12.41 8.55 6.51 6.51 6.51
vivek sawhney - 1.05 - - -

Ratings & Research Reports

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Company Presentations

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Garg Furnace Stock Price Analysis and Quick Research Report. Is Garg Furnace an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Garg Furnace stock price today is Rs 270. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Garg Furnace . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Garg Furnace has a PE ratio of 21.3720880530028 which is high and comparatively overvalued .

  • Share Price: - The current share price of Garg Furnace is Rs 270. One can use valuation calculators of ticker to know if Garg Furnace share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Garg Furnace has ROA of 9.2843 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Garg Furnace has a Current ratio of 3.9764 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Garg Furnace has a ROE of 18.9435 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Garg Furnace has a Debt to Equity ratio of 0.0394 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Garg Furnace has reported revenue growth of 8.3031 % which is poor in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Garg Furnace for the current financial year is 2.31674506967908 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Garg Furnace is Rs 0 and the yield is 0 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Garg Furnace is Rs 12.6333 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Garg Furnace in Ticker for free. Also, one can get the intrinsic value of Garg Furnace by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Garg Furnace
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