Grand Foundry
Industrial Products
TIKONA NSE
₹37.94 −0.77 (−1.99%)
- P/E
- 48.03
Close 4 Nov 2026 ₹37.94 +27.22 +254% 1Y
Start ₹10.72
Key Fundamentals
MicrocapIndustrial ProductsCapital GoodsPrice-based figures as of · EPS basis: Standalone · TTM
- ROCE
- 117.00%
- Debt to Equity
- Not meaningful: shareholders’ equity is negative
- EPS (TTM)
- ₹0.79
- Book Value
- −₹0.87
- Market Cap
- —
- P/E (TTM)
- 48.03
- P/B
- Not meaningful: book value is negative
- ROE
- Not meaningful: shareholders’ equity is negative
- Dividend Yield
- 0.00%
- EBITDA
- ₹70.00 L
- 52W High
- ₹48.26
- 52W Low
- ₹10.70
- Day Range
- ₹37.94 – ₹37.94
- Volume
- 676
Key Insights
No strengths listed
Weaknesses
1- Company has high debtors of 431 days.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bullish | 6 | 2 | 11 |
| Oscillators | Strong Bullish | 2 | 2 | 5 |
| Moving Averages | Strong Bullish | 4 | 0 | 6 |
Oscillators
Strong Bullish
Bearish
2
Neutral
2
Bullish
5
Overall
Strong Bullish
Bearish
6
Neutral
2
Bullish
11
Moving Averages
Strong Bullish
Bearish
4
Neutral
0
Bullish
6
Key readings
- RSI (14)
- 46.22
- Neutral
- MACD (12,26,9)
- 1.94
- Bearish
- SMA (50)
- 31.19
- Bullish
- SMA (200)
- 15.10
- Bullish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | +16.74% |
|---|---|
| 5Y | +58.28% |
| 3Y | +372.22% |
| 1Y | Zero base |
| TTM | Zero base |
Net profit
| 10Y | Turned to profit |
|---|---|
| 5Y | Turned to profit |
| 3Y | Turned to profit |
| 1Y | Turned to profit |
| TTM | Turned to profit |
Operating cash flow
| 10Y | Turned negative |
|---|---|
| 5Y | Outflow narrowed by ₹0.14 Cr |
| 3Y | Outflow narrowed by ₹3.85 Cr |
| 1Y | Outflow narrowed by ₹0.15 Cr |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | +56.58 pp |
|---|---|
| 5Y | +20.24 pp |
| 3Y | +367.03 pp |
| 1Y | No sales |
| TTM | No sales |
Revenue by year
| Mar 2017 | ₹2.47 Cr |
|---|---|
| Mar 2018 | ₹13.12 Cr |
| Mar 2019 | ₹25.57 Cr |
| Mar 2020 | ₹6.88 Cr |
| Mar 2021 | ₹1.06 Cr |
| Mar 2022 | ₹0.00 Cr |
| Mar 2023 | ₹0.10 Cr |
| Mar 2024 | ₹0.00 Cr |
| Mar 2025 | ₹0.00 Cr |
| Mar 2026 | ₹10.53 Cr |
Net profit by year
| Mar 2017 | ₹0.64 Cr |
|---|---|
| Mar 2018 | −₹0.05 Cr |
| Mar 2019 | −₹2.33 Cr |
| Mar 2020 | −₹2.04 Cr |
| Mar 2021 | −₹0.21 Cr |
| Mar 2022 | −₹0.21 Cr |
| Mar 2023 | −₹1.11 Cr |
| Mar 2024 | −₹0.57 Cr |
| Mar 2025 | −₹0.68 Cr |
| Mar 2026 | ₹0.18 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 0.02 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10.53 | 19.65 | 11.49 |
| Expenses | 0.05 | 0.07 | 0.07 | 0.07 | 0.12 | 0.06 | 0.05 | 0.08 | 0.05 | 0.19 | 0.11 | 9.45 | 17.43 | 10.44 |
| Operating Profit | −0.05 | −0.07 | −0.07 | −0.05 | −0.12 | −0.06 | −0.05 | −0.08 | −0.05 | −0.19 | −0.11 | 1.08 | 2.22 | — |
| OPM % | — | — | — | −250% | — | — | — | — | — | — | — | 10.26% | 11.3% | — |
| Other Income | 0 | 0.02 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0 | 0 | 0 | 0 | 0.03 | 0 |
| Interest | 0 | 0.17 | 0.09 | 0.08 | 0.09 | 0.1 | 0.1 | 0.1 | 0.1 | 0.13 | 0.13 | 0.19 | 0.14 | 0.14 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | −0.05 | −0.22 | −0.16 | −0.13 | −0.21 | −0.16 | −0.15 | −0.16 | −0.15 | −0.32 | −0.24 | 0.89 | 2.11 | 0.91 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 23.08% |
| Net Profit | −0.05 | −0.22 | −0.16 | −0.13 | −0.21 | −0.16 | −0.15 | −0.16 | −0.15 | −0.32 | −0.24 | 0.89 | 2.11 | 0.7 |
| EPS (₹) | −0.02 | −0.07 | −0.05 | −0.04 | −0.07 | −0.05 | −0.05 | −0.05 | −0.05 | −0.11 | −0.08 | 0.29 | 0.69 | — |
Sep 2026: from the results filed on 23 Oct 2026, ahead of the full statement, so some rows are blank.
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1.04 | 2.24 | 2.47 | 13.12 | 25.57 | 6.88 | 1.06 | 0 | 0.1 | 0 | 0 | 10.53 | 30.18 |
| Expenses | 1.04 | 3.35 | 2.1 | 15.04 | 26.63 | 9.62 | 1.2 | 0.2 | 0.46 | 0.21 | 0.31 | 9.79 | 27.18 |
| Operating Profit | 0 | −1.11 | 0.37 | −1.92 | −1.06 | −2.74 | −0.14 | −0.2 | −0.36 | −0.21 | −0.31 | 0.74 | 3 |
| OPM % | 0% | −49.55% | 14.98% | −14.63% | −4.15% | −39.83% | −13.21% | — | −360% | — | — | 7.03% | 9.94% |
| Other Income | −0.03 | 0.15 | 0.12 | 0.87 | 0.12 | 0.46 | 0 | 0.02 | −0.57 | −0.02 | 0.02 | 0 | 0.03 |
| Interest | 0.27 | 0.18 | 0.19 | 0.23 | 0.26 | 0.02 | 0 | 0 | 0.18 | 0.34 | 0.39 | 0.56 | 0.59 |
| Depreciation | 0.22 | 0.2 | 0.16 | 0.09 | 0.08 | 0.05 | 0.04 | 0.03 | 0 | 0 | 0 | 0 | 0 |
| PBT | −0.52 | −1.34 | 0.14 | −1.37 | −1.28 | −2.35 | −0.18 | −0.21 | −1.11 | −0.57 | −0.68 | 0.18 | 2.44 |
| Tax % | 346.15% | 0% | −357.14% | −96.35% | 82.03% | −12.77% | 16.67% | 0% | 0% | 0% | 0% | 0% | — |
| Net Profit | −2.32 | −1.34 | 0.64 | −0.05 | −2.33 | −2.04 | −0.21 | −0.21 | −1.11 | −0.57 | −0.68 | 0.18 | 2.44 |
| EPS (₹) | — | −1.28 | 0.61 | −0.05 | −2.23 | −0.67 | −0.07 | −0.07 | −0.36 | −0.19 | −0.22 | 0.06 | 0.79 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10.43 | 4.17 | 4.17 | 4.17 | 4.17 | 12.17 | 12.17 | 12.17 | 12.17 | 12.17 | 12.17 | 12.17 |
| Reserves | −16.18 | −11.26 | −10.61 | −10.66 | −13 | −15.04 | −15.24 | −15.46 | −16.56 | −17.13 | −17.81 | −17.63 |
| Borrowings | 8.24 | 8.2 | 10.69 | 8.92 | 8.1 | 0 | 0.43 | 0 | 4.36 | 4.89 | 5.58 | 6.79 |
| Other Liabilities | 2.38 | 3.43 | 5.19 | 6.33 | 6.5 | 5.48 | 4.42 | 4.09 | 0.07 | 0.1 | 0.07 | 12.04 |
| Total Liabilities | 4.87 | 4.54 | 9.44 | 8.76 | 5.77 | 2.61 | 1.78 | 0.8 | 0.04 | 0.03 | 0.01 | 13.37 |
| Fixed Assets | 4.69 | 4.49 | 3.75 | 3.59 | 3.51 | 0.13 | 0.1 | 0.06 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 0.18 | 0.05 | 5.69 | 5.17 | 2.26 | 2.48 | 1.68 | 0.74 | 0.04 | 0.03 | 0.01 | 13.37 |
| Total Assets | 4.87 | 4.54 | 9.44 | 8.76 | 5.77 | 2.61 | 1.78 | 0.8 | 0.04 | 0.03 | 0.01 | 13.37 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 0.27 | 0.22 | −2.35 | 2.54 | −0.43 | −1.87 | −0.69 | 0.76 | −4.4 | −0.54 | −0.7 | −0.55 |
| Investing | −0.09 | 0 | 0.57 | 0.04 | 0 | 3.45 | 0 | −3.04 | 0.06 | 0 | 0 | 0 |
| Financing | −0.22 | −0.22 | 1.78 | −2.55 | 0.42 | −1.6 | 0.7 | 2.28 | 4.33 | 0.54 | 0.69 | 0.65 |
| Net Cash Flow | −0.04 | 0 | 0 | 0.03 | −0.01 | −0.02 | 0.01 | 0 | −0.02 | 0 | 0 | 0.1 |
| Free Cash Flow | 0.18 | 0.22 | −1.78 | 2.58 | −0.43 | 1.58 | −0.69 | 0.76 | −4.34 | −0.54 | −0.7 | −0.55 |
| CFO/OP | — | −20 | −773 | −64 | 41 | 68 | 493 | −380 | 1,222 | 257 | 226 | −74 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 38.61 | 0 | 197 | 111 | 21.98 | 119 | 520 | — | 0 | — | — | 431 |
| Inventory Days | 0 | 0 | 1,804 | 0 | 4.36 | 0 | 0 | — | 0 | — | — | — |
| Days Payable | — | — | 1,512 | — | 62.64 | — | — | — | — | — | — | — |
| Cash Conversion Cycle | 38.61 | 0 | 489 | 111 | −36.29 | 119 | 520 | — | 0 | — | — | 431 |
| Working Capital Days | −400 | −376 | 155 | −54.81 | −39.4 | −160 | −847 | — | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | — | — | 42.98 |
| ROCE % | −5.52% | −61.67% | 12.69% | −58.38% | −117.65% | — | — | — | — | — | — | 116.54% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Grand Foundry insights
59 extracted metrics across FY10–FY27.
Documents
- General announcements 23 Oct 2026
Frequently Asked Questions about Grand Foundry
What does Grand Foundry Ltd do?
Incorporated in 1973, Grand Foundry Ltd is engaged in the business of telecom and communication equipment.
Where is Grand Foundry Ltd (TIKONA) listed?
Grand Foundry Ltd trades as TIKONA on the NSE and under code 513343 on the BSE.
Which sector does Grand Foundry Ltd belong to?
Grand Foundry Ltd is classified under the Industrial Products sector, in the Iron & Steel Products industry.
What is the PE ratio of Grand Foundry Ltd?
Grand Foundry Ltd trades at a PE ratio of 48.03 as of 4 Nov 2026, on earnings per share of ₹0.79, against a book value of ₹-0.87 per share.
What is the 52-week high and low of Grand Foundry Ltd?
Over the last 52 weeks Grand Foundry Ltd has traded between ₹10.7 and ₹48.26 as of 4 Nov 2026.
Company Information
Incorporated in 1973, Grand Foundry Ltd is engaged in the business of telecom and communication equipment.
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