Garg Furnace Ltd vs Steelco Gujarat Ltd Stock Comparison
Garg Furnace Ltd vs Steelco Gujarat Ltd Stock Comparison
Last Updated on: Jun 01, 2026
Key Highlights
The Latest Trading Price of Garg Furnace Ltd is ₹ 116.6 as of 01 Jun 15:30
. The P/E Ratio of Garg Furnace Ltd changed from 2.8 on March 2023 to 2.4 on March 2022 . This represents a CAGR of -3.04% over 5 yearsThe P/E Ratio of Steelco Gujarat Ltd changed from 0 on March 2023 to 0 on March 2022 . This represents a CAGR of 0.0% over 5 years The Market Cap of Garg Furnace Ltd changed from ₹ 16.37 crore on March 2023 to ₹ 15.07 crore on March 2022 . This represents a CAGR of -1.64% over 5 yearsThe Market Cap of Steelco Gujarat Ltd changed from ₹ 0 crore on March 2023 to ₹ 0 crore on March 2022 . This represents a CAGR of 0.0% over 5 years The revenue of Garg Furnace Ltd for the Mar '26 is ₹ 78.57 crore as compare to the Dec '25 revenue of ₹ 94.34 crore. This represent the decline of -16.72% The revenue of Steelco Gujarat Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 revenue of ₹ 0 crore. This represent the decline of 0% The ebitda of Garg Furnace Ltd for the Mar '26 is ₹ 4.3 crore as compare to the Dec '25 ebitda of ₹ 4.43 crore. This represent the decline of -2.93% The ebitda of Steelco Gujarat Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 ebitda of ₹ 0 crore. This represent the decline of 0% The net profit of Garg Furnace Ltd changed from ₹ 1.25 crore to ₹ 2.65 crore over 4 quarters. This represents a CAGR of 112.00%
The net profit of Steelco Gujarat Ltd changed from ₹ 0 crore to ₹ 0 crore over 4 quarters. This represents a CAGR of 0.0%
The Dividend Payout of Garg Furnace Ltd changed from 0 % on March 2023 to 0 % on March 2022 . This represents a CAGR of 0.0% over 5 yearsThe Dividend Payout of Steelco Gujarat Ltd changed from 0 % on March 2023 to 0 % on March 2022 . This represents a CAGR of 0.0% over 5 years .
About Garg Furnace Ltd
Incorporated in Dec.'73 as a private limited company, Garg Furnace Limited was converted into a public limited company in Feb.'76.
Promoted by Dharam Pal Garg and Jagdish Chand Garg, the Company manufacture and deal into Iron and Steel products such as M.S. Round, Ingot, Wire Rod etc.
Its manufacturing plants are situated at Ludhiana, in Punjab.
The company commenced operations in 1974 with a 1-tonne capacity arc furnace to manufacture steel casting.
In 1981, the arc furnace was scrapped, as its technology was not so successful and during the same year, it installed a 0.5-metric tonne capacity induction melting furnace.
In 1988, it added a rolling mill for the manufacture of MS hot rolled rounds.
About Steelco Gujarat Ltd
Incorporated in January, 1989, Steelco Gujarat Limited is promoted by SPICA Investments, Mauritius, belonging to Chanderias (the NRI group), and Essar Gujarat (11% stake).
The company has a technical collaboration with Hitachi, Japan, for setting up a cold-rolling mill with performance guarantee and for training all the employees of the company.
Steelco has a technical support agreement for an electrolytic cleaning line with Nippon Denro, Japan.
The Company's commercial production of cold rolled steel products started in 1994 with cold rolling of steel continuous hot dip galvanising line in 1997.
The company was referred to BIFR in 1997-98.
BIFR has decalred the company as a Sick Company and has appointed ICICI as an operating agency.
FAQs for the comparison of Garg Furnace Ltd and Steelco Gujarat Ltd
Which company has a larger market capitalization, Garg Furnace Ltd or Steelco Gujarat Ltd?
Market cap of Garg Furnace Ltd is 77 Cr while Market cap of Steelco Gujarat Ltd is 395 Cr
What are the key factors driving the stock performance of Garg Furnace Ltd and Steelco Gujarat Ltd?
The stock performance of Garg Furnace Ltd and Steelco Gujarat Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.
What are the recent stock price for Garg Furnace Ltd and Steelco Gujarat Ltd?
As of June 1, 2026, the Garg Furnace Ltd stock price is INR ₹114.05. On the other hand, Steelco Gujarat Ltd stock price is INR ₹132.8.
How do dividend payouts of Garg Furnace Ltd and Steelco Gujarat Ltd compare?
To compare the dividend payouts of Garg Furnace Ltd and Steelco Gujarat Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
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