What we do Grand Foundry Ltd is India's leading manufacturer and processor of bright steel bars and wires, serving engineering sectors like petrochemical, oil, gas, and automotive globally. |
Founded in 1,974 |
Market share Premier bright steel bar processor in India with international exports to the US, Japan, Singapore, Italy, Australia and Canada. |
Problem solved Provides high-quality bright steel bars to meet engineering industry demands for durable, precision steel products. |
Top clients or who we serve B2B serving engineering industries including petrochemical, oil and gas, automotive sectors worldwide. |
Key management - |
Our journey and innovations Incorporated in 1974, acquired by Janglas in 1978, went public in 1992, expanded with Rs 250 cr backward integration in 1997 enhancing steel-making capabilities. |
Where we operate India with exports to US, Japan, Singapore, Italy, Australia, Canada. |
Top products or what we offer Bright steel bars and wires, pickling and heat treatment services, steel-making via integrated wire rod and bar mill. |
Top brands - |
Raw materials needed Steel wire rods and raw materials for steel manufacturing and processing. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is cyclical aligned with industrial demand cycles. |
Our industry position Market leader in bright steel bars in India with strong export presence. |
Financial highlights FY 2025 revenue Rs 2.05 lakh with net loss Rs 68.06 lakh amid financial challenges. |
Geographical revenue split - |
Order book - |
Whats driving growth Industrial demand, backward integration project, technological efficiencies. |
Our future plans Ongoing management changes, strategic acquisitions by new promoters, focus on operational turnaround. |
Our green promise - |
Our people and values Committed workforce with emphasis on corporate governance and employee welfare. |
Key challenges ahead Financial constraints, competitive industry pressures, need for turnaround. |
Interesting facts Received Engineering Export Promotion Council award six years in a row since 1988-89. |
Risks and strategy Risks from financial loss and funding shortages; strategy focuses on operational efficiency and new management leadership. |
