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Investor Presentation

Garg Furnace Investor Presentation: Key Takeaways

Garg Furnace is pivoting from commodity mild steel to higher-margin alloy steel, targeting auto and defense sectors through Vaneera Industries integration.

Guidance and delivery
Management target Revenue FY26
Highlights
Revenue growthGuided ₹289 Cr for FY25-26 vs ₹262 Cr in FY24-25.
MarginsEBITDA margin improving via shift to value-added grades.
Demand visibilityStrong traction from Tier-1/2 auto OEMs and defense sectors.
Management confidenceHigh, citing unique 'New Middle' market positioning and capacity scaling.

Growth

FY24 revenue was ₹258Cr; FY26 revenue target is ₹289Cr with EBITDA growing from ₹5Cr to ₹13Cr.

Outlook

Vaneera Phase 2 (204,000 MT) completion by Dec 2027; forward integration into rolling and captive solar installations planned.

Risks

Raw material price volatility, high power costs for induction furnaces, and competition from cheaper imported steel.

Source

Investor Presentation filed with BSE, NSE: GARGFUR. Summary written with AI assistance from the document.

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Garg Furnace Ltd: key numbers

Share price
₹228.90
Market cap
₹155.8 Cr
Revenue (annual)
₹294.6 Cr
Net profit (annual)
₹10.44 Cr
P/E (TTM)
14.2×Sector 19.0×
Promoter holding
56.91%+3.50% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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