Grand Foundry Limited - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L99999MH1974PLC017655 Incorporated 01 August 1974 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 513343 Public Limited Company metals and minerals
Data last updated
Market Cap
₹125 Cr
TIKONA · NSE
Share Price
₹40.30
-1.99% today
Revenue
₹2.70 Cr
FY 2009-10 · +864.3% YoY
EBITDA
−₹0.69 Cr
Margin -25.6%
Net Profit
₹10.27 Cr
FY 2009-10 · +921.6% YoY
ROE
-522.6%
ROCE 72.7%
Authorised capital
₹30.1 Cr
Registered with MCA
Paid-up capital
₹12.17 Cr
Issued & subscribed

About Grand Foundry Limited

Data last updated:

Grand Foundry Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 01 August 1974 and has been in existence for over 52 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L99999MH1974PLC017655. Its GSTIN is 27AAACG2372E1ZX (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 513343.

The company has an authorised share capital of ₹30.1 Cr and a paid-up capital of ₹12.17 Cr. It is led by directors including Ashish Kumar and Shefali Kesarwani.

Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹10.53 Cr. For the same year it recorded a net profit of ₹19 Lakh (net margin 1.8%) and EBITDA of ₹75 Lakh (EBITDA margin 7.1%). Total assets are valued at ₹1.34 Cr (up 2780% YoY).

The company is associated with 1 brand: Grand Foundry. Court records list 47 cases involving the company, including 17 filed by the company and 30 filed against it; 4 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gfsteel.co.in.

Company details

CIN L99999MH1974PLC017655
Registration Number 017655
Incorporation Date 01 August 1974
ROC Mumbai
Listing Status Listed - Listed on BSE (513343)
Company Status Active
Date of Last AGM 18 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Contact details

Grand Foundry Limited's registered office is in Mumbai, Maharashtra. Its website is gfsteel.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    302 Cabin No.1 Sanjay Appa Chambers Plot No. 82, Behind Charat Singh Colony Andheri East, Mumbai, Maharashtra, India – 400093
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing

To see the full contact details of Grand Foundry Limited, buy the company report.

Comprehensive company report
Grand Foundry Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Grand Foundry operates one associated brand: Grand Foundry. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacturing of alloy and stainless steel bars and provision of related services in India.gfsteel.co.in

Financials of Grand Foundry Limited

FY 2025-26 filings available

Grand Foundry Limited reported revenue of ₹10.53 Cr for FY 2025-26.

Financial Highlights

FY 2009-10 · Consolidated
Revenue
₹2.70 Cr
+864.3% YoY
EBITDA
−₹0.69 Cr
-245.0% YoY
Profit After Tax
₹10.27 Cr
+921.6% YoY
Net Worth
−₹4.67 Cr
+68.7% YoY
Total Assets
₹8.60 Cr
+16.7% YoY
Total Debt
₹13.27 Cr
-40.5% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2009-10FY 2008-09FY 2007-08FY 2006-07FY 2005-06
Income statement
Revenue2.700.280.100.001.10
Revenue growth+864.3%+180.0%--100.0%-
EBITDA(0.69)(0.20)(0.44)(0.15)(0.74)
EBITDA margin-25.6%-71.4%-440.0%--67.3%
Profit before tax10.39(1.04)(1.54)16.6424.13
Net profit10.27(1.25)(4.11)3.4511.66
Net profit margin+380.4%-446.4%-4110.0%-+1060.0%
EPS (₹)9.850.000.0015.9525.41
Balance sheet
Total assets8.607.376.8510.7210.12
Net worth(4.67)(14.94)(13.69)(9.58)(26.22)
Total debt13.2722.3120.5420.3036.34
Cash & bank0.010.060.010.020.19
Net working capital(0.62)(2.15)(2.96)(1.99)(2.81)
Cash flow
Cash from operations10.12(0.45)1.3117.6011.71
Cash from investing(0.02)(0.11)0.120.005.31
Cash from financing(10.15)0.61(1.44)(17.77)(16.89)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue10.530.000.000.100.001.076.88
Revenue growth---100.0%--100.0%-84.5%-
EBITDA0.75(0.31)(0.25)(0.93)(0.19)(0.13)(2.76)
EBITDA margin+7.1%---930.0%--12.2%-40.1%
Profit before tax0.19(0.68)(0.56)(1.11)(0.20)(0.17)(2.36)
Net profit0.19(0.68)(0.51)(0.54)(0.20)(0.20)(2.17)
Net profit margin+1.8%---540.0%--18.7%-31.5%
EPS (₹)0.06(0.22)(0.19)(0.36)(0.07)(0.07)(0.67)
Balance sheet
Total assets1.34(0.05)(0.06)(0.03)(3.28)(2.35)(2.85)
Net worth(5.46)(5.64)(4.96)(4.39)(3.29)(3.07)(2.87)
Total debt6.795.584.894.360.000.430.00
Cash & bank0.100.000.010.000.020.020.01
Net working capital1.34(0.06)(0.06)(0.04)(3.35)(2.45)(3.01)
Cash flow
Cash from operations(0.55)(0.70)(0.54)(4.40)0.76(0.69)(1.87)
Cash from investing0.000.000.000.06(3.04)0.003.45
Cash from financing0.650.690.544.332.280.70(1.60)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue11.4919.6510.530.000.000.000.000.00
Other income0.000.030.000.000.000.000.020.00
Total expenses10.4417.449.450.100.190.040.080.05
EBITDA1.052.211.08(0.10)(0.19)(0.04)(0.08)(0.05)
EBITDA margin+9.1%+11.2%+10.3%-----
Depreciation0.000.000.000.000.000.000.000.00
Interest0.140.140.190.130.130.100.100.10
Profit before tax0.912.100.89(0.23)(0.32)(0.14)(0.16)(0.15)
Tax0.210.000.000.000.000.000.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 30 Oct 2026
ParticularsFY 2009-10FY 2008-09FY 2007-08FY 2006-07FY 2005-06
Revenue2.700.280.100.001.10
Revenue growth+864.3%+180.0%--100.0%-
Other income12.390.510.2118.7528.39
Total expenses3.390.480.540.151.84
Employee cost0.790.190.000.000.00
EBITDA(0.69)(0.20)(0.44)(0.15)(0.74)
EBITDA margin-25.6%-71.4%-440.0%--67.3%
Depreciation0.200.200.210.220.22
Interest1.111.151.101.743.30
Profit before tax10.39(1.04)(1.54)16.6424.13
Tax0.120.212.570.004.25
Net profit10.27(1.25)(4.11)3.4511.66
Net profit margin+380.4%-446.4%-4110.0%-+1060.0%
EPS (₹)9.850.000.0015.9525.41
ParticularsFY 2009-10FY 2008-09FY 2007-08FY 2006-07FY 2005-06
Equity & liabilities
Share capital10.4310.4310.4310.4310.43
Reserves & surplus(15.10)(25.37)(24.12)(20.01)(36.65)
Shareholders' funds (net worth)(4.67)(14.94)(13.69)(9.58)(26.22)
Minority interest0.000.000.000.000.00
Secured loans0.010.000.000.001.39
Unsecured loans13.2622.3120.5420.3034.95
Total debt13.2722.3120.5420.3036.34
Total liabilities8.607.376.8510.7210.12
Assets
Gross block8.788.778.669.419.41
Net block4.234.414.494.825.04
Capital work in progress0.000.000.000.000.00
Investments0.000.000.000.000.00
Inventories0.000.000.000.000.00
Sundry debtors0.590.760.431.100.04
Cash & bank balances0.010.060.010.020.19
Loans & advances2.740.150.310.280.09
Total current assets3.340.970.751.400.32
Total current liabilities3.963.123.713.393.13
Net working capital(0.62)(2.15)(2.96)(1.99)(2.81)
Total assets8.607.376.8510.7210.12
ParticularsFY 2009-10FY 2008-09FY 2007-08FY 2006-07FY 2005-06
Opening cash0.060.010.020.190.06
Net cash from operating activities10.12(0.45)1.3117.6011.71
Net cash from investing activities(0.02)(0.11)0.120.005.31
Net cash from financing activities(10.15)0.61(1.44)(17.77)(16.89)
Net change in cash(0.05)0.05(0.01)(0.17)0.13
Closing cash0.010.060.010.020.19
ParticularsFY 2009-10FY 2008-09FY 2007-08FY 2006-07FY 2005-06
Growth
Sales growth+864.3%+180.0%--100.0%-
EBITDA growth-245.0%+54.6%-193.3%+79.7%-
PBT growth+9998.0%+32.5%--48.3%+9997.0%
Net income growth+921.6%+69.6%-219.1%-70.4%-
Revenue CAGR (3Y)--36.6%---
EBITDA CAGR (3Y)+66.3%-35.4%---
Profitability & leverage
Net income margin+380.4%-446.4%-4110.0%-+1807.3%
Return on capital employed+72.7%0.0%0.0%+13.2%+90.5%
Return on net worth-522.7%0.0%0.0%+31.3%-88.6%
Debt / equity0.000.000.000.000.00
Long-term debt / equity0.000.000.000.000.00
Interest cover-124.72-287.50-169.23-470.27-343.75
Efficiency & per share
Fixed asset turnover0.310.030.010.000.12
Inventory turnover0.000.000.000.0012.22
Debtors turnover4.000.470.130.002.16
EPS (₹)9.850.000.0015.9525.41
Dividend per share (₹)0.000.000.000.000.00
Book value per share (₹)(4.48)(14.32)(13.13)(9.19)(25.14)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue11.4919.6510.530.000.000.000.000.00
Other income0.000.030.000.000.000.000.020.00
Total expenses10.4417.449.450.100.190.040.080.05
EBITDA1.052.211.08(0.10)(0.19)(0.04)(0.08)(0.05)
EBITDA margin+9.1%+11.2%+10.3%-----
Depreciation0.000.000.000.000.000.000.000.00
Interest0.140.140.190.130.130.100.100.10
Profit before tax0.912.100.89(0.23)(0.32)(0.14)(0.16)(0.15)
Tax0.210.000.000.000.000.000.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue10.530.000.000.100.001.076.88
Revenue growth---100.0%--100.0%-84.5%-
Other income0.000.020.030.000.020.000.47
Total expenses9.780.310.251.030.191.209.64
Employee cost0.170.020.010.030.010.030.18
EBITDA0.75(0.31)(0.25)(0.93)(0.19)(0.13)(2.76)
EBITDA margin+7.1%---930.0%--12.2%-40.1%
Depreciation0.000.000.000.000.030.040.05
Interest0.560.390.340.180.000.000.02
Profit before tax0.19(0.68)(0.56)(1.11)(0.20)(0.17)(2.36)
Tax0.000.000.000.000.000.03(0.30)
Net profit0.19(0.68)(0.51)(0.54)(0.20)(0.20)(2.17)
Net profit margin+1.8%---540.0%--18.7%-31.5%
EPS (₹)0.06(0.22)(0.19)(0.36)(0.07)(0.07)(0.67)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital12.1712.1712.1712.1712.1712.1712.17
Reserves & surplus(17.63)(17.81)(17.13)(16.56)(15.46)(15.24)(15.04)
Shareholders' funds (net worth)(5.46)(5.64)(4.96)(4.39)(3.29)(3.07)(2.87)
Secured loans0.000.000.000.000.000.430.00
Unsecured loans6.795.584.894.360.000.000.00
Total debt6.795.584.894.360.000.430.00
Total liabilities1.34(0.05)(0.06)(0.03)(3.28)(2.35)(2.85)
Assets
Gross block0.000.000.000.410.480.480.48
Net block0.000.000.000.000.060.100.14
Capital work in progress0.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.00
Inventories0.850.000.000.000.000.000.00
Sundry debtors12.420.000.000.000.251.512.24
Cash & bank balances0.100.000.010.000.020.020.01
Loans & advances0.000.000.020.030.460.160.20
Total current assets13.370.000.030.030.731.692.45
Total current liabilities12.030.060.090.074.084.145.46
Net working capital1.34(0.06)(0.06)(0.04)(3.35)(2.45)(3.01)
Total assets1.34(0.05)(0.06)(0.03)(3.28)(2.35)(2.85)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.000.010.000.020.020.010.03
Net cash from operating activities(0.55)(0.70)(0.54)(4.40)0.76(0.69)(1.87)
Net cash from investing activities0.000.000.000.06(3.04)0.003.45
Net cash from financing activities0.650.690.544.332.280.70(1.60)
Net change in cash0.100.000.00(0.02)0.000.01(0.02)
Closing cash0.100.000.010.000.020.020.01
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth---100.0%--100.0%-84.5%-
EBITDA growth+341.9%-24.0%+73.1%-389.5%-46.2%+95.3%-
PBT growth+9998.0%-21.4%+49.6%-455.0%-17.7%+92.8%-84.4%
Net income growth+127.9%-33.3%+5.6%-170.0%0.0%+90.8%-
Revenue CAGR (3Y)+372.2%--100.0%-75.6%-100.0%-56.6%+40.7%
EBITDA CAGR (3Y)-+17.7%+24.4%-30.4%-44.0%-60.8%-
Profitability & leverage
Net income margin+1.8%---1110.0%--18.7%-29.9%
Return on capital employed+7.5%0.0%+460.0%+21.7%0.0%0.0%0.0%
Return on net worth+5.0%0.0%+12.2%+14.1%0.0%0.0%0.0%
Debt / equity0.000.000.000.000.000.000.00
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover74.67-125.81-136.00-19.350.000.00-0.71
Efficiency & per share
Fixed asset turnover0.000.000.000.220.002.231.39
Inventory turnover24.780.000.000.000.000.0044.39
Debtors turnover1.700.000.000.800.000.573.64
EPS (₹)0.06(0.22)(0.19)(0.36)(0.07)(0.07)(0.67)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)(1.79)(1.85)(1.63)(1.44)(1.08)(1.01)(0.94)

To see the full year-wise statements and ratios of Grand Foundry Limited, buy the company report.

Board of directors and KMP of Grand Foundry Limited

Grand Foundry Limited currently reports 6 directors and 1 key managerial person. 22 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Ashish KumarDirector20 Jun 20251 Years 4 MonthsCurrent
Shefali KesarwaniDirector02 Sep 20242 Years 1 MonthsCurrent
Rajat KasliwalDirector08 Aug 20242 Years 2 MonthsCurrent
Rahul BhardawajDirector11 Jul 20242 Years 3 MonthsCurrent
Rahul SharmaDirector09 May 20242 Years 5 MonthsCurrent
Nalini SinghCompany Secretary22 Aug 20233 Years 2 MonthsCurrent
Showing 6 of 7 current directors and KMP. View all directors and KMP

Auditor

Grand Foundry Limited is audited by VIJAY V DEDHIA & CO. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
VIJAY V DEDHIA & CO.FY 2022111439W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 70.20%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 29.80%.

Promoters: 70.20%Retail & Others: 29.80%
Sep 2026
QUARTER
70.20% Promoters
29.80% Retail & Others
Promoter holding - history
Now 70.20% · Sep 2026High 70.20% · Dec 2025Low 70.20% · Dec 2025
69%69.8%70.5%71.3%72%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 70.20%Mar 2026: 70.20%Jun 2026: 70.20%Sep 2026: 70.20%70.20%70.20%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters70.20%70.20%70.20%70.20%
Public29.80%29.80%29.80%29.80%

MSME payment delays

Grand Foundry Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 17 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (4 of 4)

SupplierAmount dueDue sinceReported on
Rampra Steel Industries Private Limited
Dhiraj Alloy and Stainless Steel Private Limited
Adarsh Stainless Private Limited
D H Bars & Wires Private Limited

To see the full MSME payment records of Grand Foundry Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Grand Foundry Limited has 1 active EPFO establishment as of Apr 13, 2025.

Active EPFO establishments
1

GST

Grand Foundry has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACG2372E1ZXMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Grand Foundry Limited, buy the company report.

Recent activity

Grand Foundry Limited has 45 board changes on record since 1978: 26 appointments and 19 cessations. The latest: Ashish Kumar was appointed as Director on 20 Jun 2025.

Filing
Grand Foundry Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai.
AGM
Grand Foundry Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records.
Appointed
Ashish Kumar was appointed as Director.
Ceased
Vijay Paul Kaushal ceased to be Director.
Appointed
Shefali Kesarwani was appointed as Director.
Appointed
Rajat Kasliwal was appointed as Director.
Ceased
Sidhi Maheshwari ceased to be Additional Director.
Appointed
Rahul Bhardawaj was appointed as Director.
Appointed
Sidhi Maheshwari was appointed as Additional Director.
Ceased
Archana Prakash Dakhale ceased to be Director.
Ceased
Ketan Rasiklal Shah ceased to be Director.
Ceased
Taroon Sunder Vaswani ceased to be Director.

36 earlier events are in the company report.

Frequently asked questions

Grand Foundry is an active public limited company based in Mumbai, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 01 August 1974 (52+ years old) and is registered under CIN L99999MH1974PLC017655. Listed on BSE: 513343.

Grand Foundry reported revenue of ₹10.53 Cr for FY 2025-26 based on standalone financials.

Grand Foundry has 7 current directors and KMP:

The latest financial statements of Grand Foundry on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Grand Foundry is 27AAACG2372E1ZX, registered in Maharashtra.

The CIN (Corporate Identification Number) of Grand Foundry is L99999MH1974PLC017655. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Grand Foundry is a listed company as per MCA records. Its shares are listed on BSE (code: 513343).

Grand Foundry has 47 court cases on record: 17 filed by the company and 30 filed against it. 4 are pending. Most are in the high courts.

Grand Foundry was incorporated on 01 August 1974, making it 52+ years old. It is registered with the Registrar of Companies, Mumbai.

Ashish Kumar was appointed as Director on 20 Jun 2025. Vijay Paul Kaushal ceased to be Director on 20 Jun 2025. Shefali Kesarwani was appointed as Director on 02 Sep 2024. Grand Foundry has 45 board changes on record in total.

Grand Foundry has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 17 overdue payments to 4 micro and small suppliers. The latest return was filed on 10 Oct 2019.