Garg Furnace Ltd vs Surani Steel Tubes Ltd Stock Comparison
Garg Furnace Ltd vs Surani Steel Tubes Ltd Stock Comparison
Last Updated on: Jun 03, 2026
Key Highlights
The Latest Trading Price of Garg Furnace Ltd is ₹ 115.5 as of 03 Jun 15:30
. The P/E Ratio of Garg Furnace Ltd is 0 as of March 2024
.The P/E Ratio of Surani Steel Tubes Ltd is 911.8 as of March 2024
. The Market Cap of Garg Furnace Ltd is ₹ 0 crore as of March 2024
.The Market Cap of Surani Steel Tubes Ltd is ₹ 455.72 crore as of March 2024
. The revenue of Garg Furnace Ltd for the Mar '26 is ₹ 78.57 crore as compare to the Sep '25 revenue of ₹ 61.83 crore. This represent the growth of 27.07% The revenue of Surani Steel Tubes Ltd for the Mar '26 is ₹ 42.98 crore as compare to the Sep '25 revenue of ₹ 0 crore. This represent the growth of 9.2233718E16% The ebitda of Garg Furnace Ltd for the Mar '26 is ₹ 4.3 crore as compare to the Sep '25 ebitda of ₹ 3.34 crore. This represent the growth of 28.74% The ebitda of Surani Steel Tubes Ltd for the Mar '26 is ₹ 0.78 crore as compare to the Sep '25 ebitda of ₹ 0 crore. This represent the growth of 9.2233718E16% The net profit of Garg Furnace Ltd changed from ₹ 3.86 crore to ₹ 2.65 crore over 4 quarters. This represents a CAGR of -31.35%
The net profit of Surani Steel Tubes Ltd changed from ₹ -0.69 crore to ₹ -0.07 crore over 5 quarters. This represents a CAGR of -83.97%
The Dividend Payout of Garg Furnace Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe Dividend Payout of Surani Steel Tubes Ltd changed from 0 % on March 2021 to 0 % on March 2025 . 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 Surani Steel Tubes Ltd
Surani Steel Tubes Limited was originally incorporated as a Private Limited Company with the name 'Surani Steel Private Limited' on July 31, 2012.
Further, the name of the Company changed to 'Surani Steel Tubes Private Limited' on August 13, 2018.
Subsequently, the Company was converted into a Public Limited Company and the name was changed to Surani Steel Tubes Limited on September 12, 2018.
Surani Steel's modernized and state of the art production facility is based at Gujarat.
The Company is having presence in Commercial, Structural and Engineering Sector with wider range of ERW Pipes.
It carries out a Quality Management System certified in accordance with well maintained UT Machine, Hydro testing Machine and many other types of equipment in its premises which checks from, Raw material to Finished Goods.
FAQs for the comparison of Garg Furnace Ltd and Surani Steel Tubes Ltd
Which company has a larger market capitalization, Garg Furnace Ltd or Surani Steel Tubes Ltd?
Market cap of Garg Furnace Ltd is 78 Cr while Market cap of Surani Steel Tubes Ltd is 208 Cr
What are the key factors driving the stock performance of Garg Furnace Ltd and Surani Steel Tubes Ltd?
The stock performance of Garg Furnace Ltd and Surani Steel Tubes 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 Surani Steel Tubes Ltd?
As of June 3, 2026, the Garg Furnace Ltd stock price is INR ₹115.5. On the other hand, Surani Steel Tubes Ltd stock price is INR ₹134.0.
How do dividend payouts of Garg Furnace Ltd and Surani Steel Tubes Ltd compare?
To compare the dividend payouts of Garg Furnace Ltd and Surani Steel Tubes 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.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.