Notes / Company

Grand Foundry Ltd.

GFSTEELS BSE 513343 ISIN INE534A01028 Steel & Iron Products

Fundamentals

Market cap: ₹41.42 cr
P/E: 227.59×
ROE: 0.00%
Debt / equity: -1.25
52-week range: 9.27 — 13.61

Research on Tijori Finance

Company snapshot

Grand Foundry Ltd.

Steel

₹43 cr

P/E 17.83×

Latest quarter · Jun 2026

Sales₹20 cr

Net profit₹2 cr

Op. margin+11.3%

EPS₹0.69

Strength & growth

Debt / equity-2.84×

Current ratio0.84×

Sales CAGR+24.1%

The timeline — 1 note on Grand Foundry Ltd.

July 2026

20 Jul 26 · 1:40 PM IST Brief

Brief · Earnings · Micro cap

Grand Foundry posts ₹19.6 cr revenue, rebrands to Tikona Communication

June-quarter results show the telecom pivot is generating cash, but the stock remains under GSM Stage 3 trading curbs and the name change awaits shareholder and regulatory nod.

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