Garg Furnace Ltd (GARGFUR) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Garg Furnace Ltd on NSE and BSE, with an AI summary of each filing.
Outcome of BM dated 12.10.2026 allotment of warrants
Others (Uncategorized) · 12 Oct 2026, 7:52 pm
Garg Furnace Approves Allotment of 13.98 Lakh Convertible Warrants Garg Furnace Limited’s Board approved the allotment of 13,98,000 convertible warrants on a preferential basis at an issue price of ₹126.50 per warrant, aggregating to ₹17.68 crore, on 12th Oct'26. The company received an upfront subscription amount of ₹4.42 crore (₹31.625 per warrant, representing 25% of the issue price). The warrants were allotted across promoter (12,00,000 warrants) and non-promoter (1,98,000 warrants) groups, convertible into equal equity shares of ₹10 face value upon payment of the remaining 75% consideration (₹94.88 per warrant).
Intimation for investors presentation
Investor Presentation · 11 Sept 2026, 3:19 am
Garg Furnace Expands High-Margin Alloy Steel via Vaneera Acquisition Garg Furnace Limited (GFL) is pivoting toward mid-to-high-quality alloy steel billets and rounds, priced 5-10% below Electric Furnace steel to target automotive, engineering, and defence sectors. GFL holds a 51% stake in Vaneera Industries, where Phase 1 (104,000 MT/PA) began commercial operations on 21st Aug'26, while Phase 2 (204,000 MT/PA) with forward rolling integration is scheduled for Dec'27 completion. Combined capacity is set to scale to 325,200 MT by FY30. For FY26, GFL projects ₹289 Cr revenue, ₹13 Cr EBITDA, and ₹11 Cr PAT.
Scrutinizer Report and Voting results of the 53rd AGM of the Company held on 29.08.2026
Annual General Meeting · 02 Sept 2026, 1:14 am
Clarification letter price movement
Others (Uncategorized) · 01 Sept 2026, 4:09 am
Garg Furnace Clarifies Share Price Movement, Cites Market Factors In a filing on 31 Aug'26, Garg Furnace responded to a BSE query regarding its recent share price movement. The company confirmed it has made all necessary disclosures under SEBI regulations and has not withheld any material, price-sensitive information. Management stated that the stock's price movement is purely market-driven, attributable to general market conditions and investor perception. The company affirmed its commitment to timely future disclosures as required.
Proceedings of 53rd Annual General Meeting held on Saturday 29th August 2026
Annual General Meeting · 29 Aug 2026, 9:48 pm
The Exchange has sought clarification from Garg Furnace Ltd on August 28, 2026 with reference to significant movement in price, in order to ensure that investors have latest relevant information ....
Others (Uncategorized) · 28 Aug 2026, 11:37 pm
Press release
Press Release · 25 Aug 2026, 9:20 pm
Garg Furnace Subsidiary Commissions Alloy Steel Forgeable Billets Plant Garg Furnace Ltd.'s 51% subsidiary, Vaneera Industries, commissioned Phase-1 of its alloy steel forgeable billets facility in Ludhiana, Punjab, effective 21st Aug'26. This phase adds 100,000 MT per annum capacity, moving towards a total licensed capacity of 204,000 MT. The facility targets automobile, engineering, railway, and defence sectors, aiming to substitute imports and serve OEMs. Products are positioned at a 5-10% lower price point than comparable grades, which is expected to improve margins, drive revenue growth, and expand market access.
Corrigendum Notice of AGM dated August 29, 2026
Annual General Meeting · 20 Aug 2026, 4:19 am
Unaudited financial results for the quarter ended 30.06.2026
Outcome · 14 Aug 2026, 10:54 pm
Garg Furnace Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Lakhs) ■ Revenue: 5,916 (-24.6% QoQ) ■ EBITDA: 321 (-23.9% QoQ) ■ EBITDA Margin (%): 5.4 (+5 bps QoQ) ■ PAT: 172 (-34.8% QoQ) ■ EPS (INR): 2.53 (-39.8% QoQ)
Unaudited financial results for the quarter ended 30.06.2026
Financial Result · 14 Aug 2026, 10:48 pm
Garg Furnace Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve unaudited standalone and consolidated ....
Intimation · 14 Aug 2026, 5:30 am
Garg Furnace Ltd Board Meeting to Approve FY26 Results on Aug 14th Garg Furnace Ltd. has scheduled a Board of Directors meeting on 14th Aug, '26 to consider and approve the Unaudited Standalone and Consolidated Financial Results for the financial year ended 30th Jun, '26. In connection with this, the company's trading window for dealing in its equity shares has been closed since 01st Jul, '26. The trading window will reopen 48 hours after the financial results are publicly declared. This action is in compliance with SEBI's Listing Regulations.
Annual report for the Financial Year 2025-2026
Others (Uncategorized) · 05 Aug 2026, 4:07 am
Notice of 53rd Annual General Meeting of the Members of the Company will be held on 29.08.2026
Annual General Meeting · 05 Aug 2026, 4:00 am
1. Issuance of warrants convertible into equity shares of the Company to Promoter & Promoter Group and Non-Promoter category on preferential basis. 2. The Board has approved the notice ....
Outcome · 31 Jul 2026, 11:51 pm
Garg Furnace Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/07/2026 ,inter alia, to consider and approve To consider a proposal for fund ....
Intimation · 31 Jul 2026, 5:30 am
Garg Furnace Board Meeting to Consider Fundraise and Q1 FY27 Results Garg Furnace has scheduled a Board of Directors meeting on 31-Jul-26 to consider and approve two key items. The board will evaluate a proposal for fundraising through a preferential issue of equity shares, convertible warrants, or other instruments, subject to shareholder and regulatory approvals. Additionally, the board will review and approve the unaudited standalone and consolidated financial results for the quarter ended 30-Jun-26. The trading window for insiders has been closed since 01-Jul-26 in anticipation of these announcements.
Audited Financial Results (Standalone and Consolidated) for the financial year ended March 31 2026
Outcome · 31 May 2026, 1:37 am
Garg Furnace FY26 Results: Strong YoY Profit and Revenue Growth Garg Furnace reported strong standalone FY26 results with net profit rising 34.8% YoY to ₹1,029.27 lakh. Revenue from operations for the year grew 10.6% YoY to ₹28,929.97 lakh. For Q4 FY26, net profit was ₹262.38 lakh, down 20.1% YoY, on revenue of ₹7,537.09 lakh, up 1.6% YoY. The company's total assets increased by 71.1% YoY to ₹13,331.53 lakh as of 31 Mar'26. On a consolidated basis, FY26 net profit was ₹1,059.01 lakh on revenue of ₹29,460.97 lakh.
Audited financial results (standalone and consolidated) for the financial year ended March 31 2026
Financial Result · 31 May 2026, 1:32 am
Garg Furnace Ltd - Financial Result for the Quarter ended 31st Mar'26 (Consolidated, INR Lakhs) ■ Revenue: 7,848 (Negative to Positive YoY | -16.7% QoQ) ■ EBITDA: 422 (Loss to Profit YoY | -2.5% QoQ) ■ EBITDA Margin (%): 5.4 (-19463 bps YoY | +78 bps QoQ) ■ PAT: 264 (Loss to Profit YoY | -29.8% QoQ) ■ EPS (INR): 4.20 (Loss to Profit YoY | -31.7% QoQ)
Garg Furnace Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2026 ,inter alia, to consider and approve Audited Standalone and Consolidated ....
Intimation · 30 May 2026, 5:30 am
Garg Furnace to Consider FY26 Financial Results on 30th May Garg Furnace Ltd. has scheduled a Board of Directors meeting on 30th May'26 to consider and approve the audited standalone and consolidated financial results for the financial year ended 31st Mar'26. The trading window for dealing in the company's equity shares will remain closed from 01st Apr'26 until 48 hours after the financial results are declared, a detail previously intimated to the exchange on 31st Mar'26. This meeting is a key event for the company's annual financial reporting.
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Others (Uncategorized) · 16 Apr 2026, 4:03 am
Garg Furnace Confirms Non-Applicability of Large Corporate Framework Garg Furnace Ltd (BSE: 530615) has declared it does not qualify as a "Large Corporate" under SEBI's fundraising framework as of 31st Mar'26. The company reported outstanding borrowings of ₹17.52 Cr and a CRISIL credit rating of BBB-. Consequently, the mandatory requirement to raise 25% of incremental borrowings via debt securities does not apply. The disclosure, dated 15th Apr'26, confirms its non-LC status, exempting it from potential SEBI penalties for non-compliance with the debt issuance framework.
Press Release relating to financial performance of the Company for the Q3 FY26
Press Release · 20 Feb 2026, 2:34 am
Garg Furnace Reports Strong Q3 FY26 Driven by Margin Expansion and Alloy Strategy Garg Furnace reported strong Q3 FY26 results with Revenue from Operations at ₹9,239.14 lakh, up ~52.7% QoQ. Profit After Tax (PAT) grew ~36.3% QoQ to ₹367.82 lakh, with an EPS of ₹6.01. EBITDA stood at ₹414.50 lakh with an EBITDA margin of ~4.5%. Growth was driven by improved product mix, higher volumes, and a strategic shift towards higher-value alloy steel. The company is expanding capacity via its subsidiary, Vaneera Industries, to enhance its product mix and access automotive, engineering, and defense customers.
Results- Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended 31.12.2025
Financial Result · 14 Feb 2026, 10:36 pm
Garg Furnace Reports Strong Q3'FY26 Profit Growth Garg Furnace Ltd reported strong standalone results for the quarter ended 31st Dec'25, with net profit rising 79.8% YoY to ₹367.82 lakh. Revenue from operations grew 46.7% YoY to ₹9,239.14 lakh. On a QoQ basis, net profit increased by 34.1% and revenue grew by 50.5%. The consolidated net profit for Q3'FY26 stood at ₹386.12 lakh on revenue of ₹9,423.98 lakh. For the nine months ended 31st Dec'25, standalone profit was ₹766.89 lakh, a 76.2% YoY increase.
Results- Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended 31.12.2025
Outcome · 14 Feb 2026, 10:32 pm
GARG FURNACE LTD. - Financial Result for the Quarter ended 31st Dec'25 (Consolidated, INR Lakh) ■ Revenue: 9424 (+49.7% YoY | +52.7% QoQ) ■ EBITDA: 433 (+96.9% YoY | +33.3% QoQ) ■ EBITDA Margin (%): 4.6 (+110 bps YoY | -67 bps QoQ) ■ PAT: 377 (+83.5% YoY | +35.1% QoQ) ■ EPS (INR): 6.15 (+61.8% YoY | +27.3% QoQ)
Garg Furnace Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/02/2026 ,inter alia, to consider and approve Unaudited financial results for ....
Intimation · 14 Feb 2026, 5:30 am
Garg Furnace Ltd. Board Meeting Set to Approve Q3 & 9M FY26 Results Garg Furnace Ltd. has scheduled a Board of Directors meeting for 14th Feb'26. The agenda includes the consideration and approval of the Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended 31st Dec'25. In connection with this, the company's trading window for equity shares will remain closed from 01st Jan'26 until 48 hours after the financial results are declared. This action is in compliance with SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.
Press release dated 21.11.2025
Press Release · 21 Nov 2025, 9:52 pm
Garg Furnace Reports Strong Q2 FY26 Results Driven by Value-Added Steel and Margin Expansion Garg Furnace Limited announced strong financial results for Q2 FY26, driven by a strategic shift towards value-added steel, chemistry-led product innovation, and disciplined cost controls. The company reported a revenue of ₹6,138.43 lakh, up 2.04% QoQ, and a net profit of ₹274.19 lakh, marking a significant increase of 119.5% QoQ and 272.3% YoY. Operating profit grew 190.7% YoY to ₹3.11 Cr, with the operating profit margin expanding by 335 bps YoY to 5.07%. For the first half of the fiscal year (H1 FY26), revenue stood at ₹12,153 lakh, while net profit reached ₹399.07 lakh, a 73.6% increase over H1 FY25. The company's performance was bolstered by increased supply to automotive and industrial sectors and is supported by an ongoing expansion into alloy steel through its subsidiary, Vaneera Industries Ltd.
Unaudited Financial Results for the Quarter and half year ended 30.09.2025
Financial Result · 14 Nov 2025, 11:49 pm