Grand Foundry Ltd
Grand Foundry Ltd (GFSTEELS) last reported results for the quarter ended Jun 2026, with sales of ₹19.65 crore and net profit of ₹2.11 crore. Grand Foundry Ltd’s board meets on 28 Oct 2026. The stock last traded at ₹42.2, a market capitalisation of ₹145 crore, on a P/E of 59.4. Over the past 52 weeks the stock has ranged between ₹9.05 and ₹42.2. Figures are as of 9 Oct 2026 and are not real time.
Grand Foundry Ltd share price and key metrics
- Current price
- ₹42.2
- Market cap
- ₹145 cr
- Stock P/E
- 59.4
- Book value
- ₹-1.79
- ROE
- %
- ROCE
- 117%
- Dividend yield
- 0.00%
- 52w high / low
- 42.2/9.05
Metrics as of 9 Oct 2026. Not real time.
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Grand Foundry Ltd growth and returns
- 10 Years
- 17%
- 5 Years
- 58%
- 3 Years
- 372%
- TTM
- %
- 10 Years
- 8%
- 5 Years
- 23%
- 3 Years
- 33%
- TTM
- 494%
- 10 Years
- %
- 5 Years
- 67%
- 3 Years
- 80%
- 1 Year
- 314%
- 10 Years
- %
- 5 Years
- %
- 3 Years
- %
- Last Year
- %
Grand Foundry Ltd quarterly results
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 10.53 | 19.65 |
| Expenses | 0.06 | 0.05 | 0.08 | 0.05 | 0.19 | 0.11 | 9.45 | 17.43 |
| Operating profit | -0.06 | -0.05 | -0.08 | -0.05 | -0.19 | -0.11 | 1.08 | 2.22 |
| OPM % | — | — | — | — | — | — | 10.26% | 11.30% |
| Other income | 0 | 0 | 0.02 | 0 | 0 | 0 | 0 | 0.03 |
| Interest | 0.1 | 0.1 | 0.1 | 0.1 | 0.13 | 0.13 | 0.19 | 0.14 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.16 | -0.15 | -0.16 | -0.15 | -0.32 | -0.24 | 0.89 | 2.11 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Net profit | -0.16 | -0.15 | -0.16 | -0.15 | -0.32 | -0.24 | 0.89 | 2.11 |
| EPS (₹) | -0.05 | -0.05 | -0.05 | -0.05 | -0.11 | -0.08 | 0.29 | 0.69 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
Grand Foundry Ltd annual results
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2.47 | 13.12 | 25.57 | 6.88 | 1.06 | 0 | 0.1 | 0 | 0 | 10.53 | 30.18 |
| Operating profit | 0.37 | -1.92 | -1.06 | -2.74 | -0.14 | -0.2 | -0.36 | -0.21 | -0.31 | 0.74 | 3 |
| OPM % | 14.98% | -14.63% | -4.15% | -39.83% | -13.21% | — | -360.00% | — | — | 7.03% | 9.94% |
| Net profit | 0.64 | -0.05 | -2.33 | -2.04 | -0.21 | -0.21 | -1.11 | -0.57 | -0.68 | 0.18 | 2.44 |
| EPS (₹) | 0.61 | -0.05 | -2.23 | -0.67 | -0.07 | -0.07 | -0.36 | -0.19 | -0.22 | 0.06 | 0.79 |
TTM is the trailing twelve months to the most recent quarter.
Grand Foundry Ltd balance sheet
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 4.17 | 4.17 | 4.17 | 12.17 | 12.17 | 12.17 | 12.17 | 12.17 | 12.17 | 12.17 |
| Reserves | -10.61 | -10.66 | -13.00 | -15.04 | -15.24 | -15.46 | -16.56 | -17.13 | -17.81 | -17.63 |
| Borrowings | 10.69 | 8.92 | 8.10 | 0.00 | 0.43 | 0.00 | 4.36 | 4.89 | 5.58 | 6.79 |
| Other liabilities | 5.19 | 6.33 | 6.50 | 5.48 | 4.42 | 4.09 | 0.07 | 0.10 | 0.07 | 12.04 |
| Total liabilities | 9.44 | 8.76 | 5.77 | 2.61 | 1.78 | 0.80 | 0.04 | 0.03 | 0.01 | 13.37 |
| Fixed assets | 3.75 | 3.59 | 3.51 | 0.13 | 0.10 | 0.06 | 0.00 | 0.00 | 0.00 | 0.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other assets | 5.69 | 5.17 | 2.26 | 2.48 | 1.68 | 0.74 | 0.04 | 0.03 | 0.01 | 13.37 |
| Total assets | 9.44 | 8.76 | 5.77 | 2.61 | 1.78 | 0.80 | 0.04 | 0.03 | 0.01 | 13.37 |
As reported by the company. Total assets equal total liabilities by construction.
Grand Foundry Ltd cash flow
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | -2.35 | 2.54 | -0.43 | -1.87 | -0.69 | 0.76 | -4.40 | -0.54 | -0.70 | -0.55 |
| Cash from investing | 0.57 | 0.04 | 0.00 | 3.45 | 0.00 | -3.04 | 0.06 | 0.00 | 0.00 | 0.00 |
| Cash from financing | 1.78 | -2.55 | 0.42 | -1.60 | 0.70 | 2.28 | 4.33 | 0.54 | 0.69 | 0.65 |
| Net cash flow | 0.00 | 0.03 | -0.01 | -0.02 | 0.01 | 0.00 | -0.02 | 0.00 | 0.00 | 0.10 |
| Free cash flow | -1.78 | 2.58 | -0.43 | 1.58 | -0.69 | 0.76 | -4.34 | -0.54 | -0.70 | -0.55 |
| CFO / operating profit | -773% | -64% | 41% | 68% | 493% | -380% | 1,222% | 257% | 226% | -74% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
Grand Foundry Ltd operating ratios
| Per year | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| ROCE % | 12.69% | -58.38% | -117.65% | — | — | — | — | 116.54% |
| Debtor days | 196.54 | 111.00 | 21.98 | 118.84 | 519.95 | 0.00 | — | 430.51 |
| Inventory days | 1,803.53 | 0.00 | 4.36 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Days payable | 1,511.53 | — | 62.64 | — | — | — | — | — |
| Cash conversion cycle | 488.54 | 111.00 | -36.29 | 118.84 | 519.95 | 0.00 | — | 430.51 |
| Working capital days | 155.16 | -54.81 | -39.40 | -159.69 | -847.08 | -16,023.50 | — | 42.98 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
Grand Foundry Ltd shareholding pattern
Promoters held 70.18% at Sep 2026, broadly unchanged since Sep 2025. DIIs 0.03%.
| % held | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 70.16% | 70.16% | 70.18% | 70.18% | 70.18% | 70.18% | 70.18% | 70.18% |
| DIIs | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% |
| Public | 29.82% | 29.81% | 29.81% | 29.81% | 29.79% | 29.81% | 29.81% | 29.80% |
| No. of shareholders | 23,469 | 23,408 | 23,347 | 23,271 | 23,181 | 23,106 | 23,027 | 22,896 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
When does Grand Foundry Ltd’s board next meet?
Grand Foundry Ltd’s board meets on 28 Oct 2026.
- Board meetingApproval of preferential issue of equity shares, warrants, and RNCPS; acquisition of FWSL; EGM notice
See the full results calendar for every Indian company reporting in the next 30 days.
Grand Foundry Ltd corporate filings
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Company Updatelow impact
Cruxal's analysis: Please find attached the Certificate from RTA
Read the full analysis - Regulatory approval for change of company name to Tikona Communication Limited; no financial or operational issues reportedAGM/EGMhigh impact
Cruxal's analysis: Tikona Communication Limited has received approval from MCA and ROC for changing its name…
Read the full analysis - SEBI regulatory disclosure confirms 56.13% shareholding in Tikona Communication Limited, with a significant acquisition completed on September 28, 2026Insider Trading / SASThigh impact
Cruxal's analysis: Gaurav Goyal's company has acquired 56.13% stake in Tikona Communication Limited through…
Read the full analysis - Grand Foundry Ltd files revised CA certificate for name change to Tikona Communication LimitedCompany Updatelow impact
Cruxal's analysis: The company has submitted a revised Chartered Accountant certificate indicating a change…
Read the full analysis - Tikona Communication Limited Approves Preferential Issue of Up to 1.04 Crore Equity Shares and 8.84 Crore Warrants, and Acquires 90.82% Stake in Fusionnet Web Services for Rs. 256.84 CroreBoard Meetinghigh impact
Cruxal's analysis: Tikona Communication Limited has announced a significant capital restructuring and…
Read the full analysis - Disclosure under Regulation 31 A(10) of SEBI (Listing Obligation and Disclosure Requirement),2015Company Updatelow impact
- SAR Televenture Limited Increases Stake in Tikona Communication Limited to 70.17% via Mandatory Open OfferInsider Trading / SASThigh impact
Cruxal's analysis: SAR Televenture Limited has completed the acquisition of 1 crore 70 lakh 80 thousand 288…
Read the full analysis - Tikona Communication Limited announces board meeting to consider equity and preference share issuanceBoard Meetinghigh impact
Cruxal's analysis: Tikona Communication Limited has scheduled a board meeting for October 1, 2026, to…
Read the full analysis - Closure of Trading window for insiders of the Company.Insider Trading / SASTlow impact
- Promoter Rakesh Kumar Bansal exits Tikona Communication Limited via 14.03% stake sale to SAR Televenture LimitedInsider Trading / SASThigh impact
Cruxal's analysis: Tikona Communication Limited (formerly Grand Foundry Limited) has witnessed a significant…
Read the full analysis - Tikona Communication Limited to acquire 62.01% stake in Tikona Infinet Private Limited via INR 99.22 crore debt-heavy transactionBoard Meetinghigh impact
Cruxal's analysis: Tikona Communication Limited has received board approval to acquire a 62.01% equity stake…
Read the full analysis - Tikona Communication Limited Announces Board Meeting to Consider Acquisition of Tikona Infinet Private Limited and Capital RaisingBoard Meetinghigh impact
Cruxal's analysis: Tikona Communication Limited (formerly Grand Foundry Limited) has scheduled a board…
Read the full analysis - Grand Foundry Ltd schedules Board Meeting for September 17, 2026Company Updatelow impact
Cruxal's analysis: Grand Foundry Ltd has issued a formal intimation regarding a Board of Directors meeting…
Read the full analysis - Tikona Communication Limited to acquire 62.01% stake in Tikona Infinet Private Limited for INR 99.22 crore via NCD issuanceOthershigh impact
Cruxal's analysis: Tikona Communication Limited has announced the acquisition of a 62.01% controlling stake…
Read the full analysis - Grand Foundry Ltd announces formal change of company nameCompany Updatelow impact
Cruxal's analysis: Grand Foundry Ltd has completed the formal process of changing its company name, as…
Read the full analysis - Grand Foundry Limited secures shareholder approval for board restructuring and enhanced borrowing/investment powersAGM/EGMmedium impact
Cruxal's analysis: Grand Foundry Limited has successfully passed 11 resolutions at its Extra Ordinary…
Read the full analysis - Grand Foundry Limited Concludes EGM: Approves Board Appointments, Name Change, and Enhanced Borrowing/Investment PowersAGM/EGMmedium impact
Cruxal's analysis: Grand Foundry Limited has concluded its 01st Extra-Ordinary General Meeting (EGM) for FY…
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