Garg Furnace Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: November 20, 2025, 12:19 am

Market Cap	85.6 Cr.
Current Price	158
High / Low	308/145
Stock P/E	9.18
Book Value	171
Dividend Yield	0.00 %
ROCE	13.5 %
ROE	13.7 %
Face Value	10.0
PEG Ratio	-3.43

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Garg Furnace Ltd

Competitors of Garg Furnace Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Monind Ltd	9.05 Cr.	24.6	29.5/17.2		149	0.00 %	%	%	10.0
Gopal Iron & Steels Co.(Gujarat) Ltd	3.03 Cr.	6.16	9.00/5.50		1.85	0.00 %	1.40 %	2.22 %	10.0
Garg Furnace Ltd	85.6 Cr.	158	308/145	9.18	171	0.00 %	13.5 %	13.7 %	10.0
Industry Average	0 Cr	62.92		9.18	107.28	0.00%	7.45%	7.96%	10.00

All Competitor Stocks of Garg Furnace Ltd

Quarterly Result

Metric	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025
Sales	61.78	60.73	53.38	62.35	61.75	61.75	65.40	71.02	62.33	62.16	62.97	74.16	60.15
Expenses	61.06	59.24	52.51	58.10	60.83	60.83	63.34	68.92	60.47	61.09	60.77	71.60	58.68
Operating Profit	0.72	1.49	0.87	4.25	0.92	0.92	2.06	2.10	1.86	1.07	2.20	2.56	1.47
OPM %	1.17%	2.45%	1.63%	6.82%	1.49%	1.49%	3.15%	2.96%	2.98%	1.72%	3.49%	3.45%	2.44%
Other Income	0.04	0.06	0.06	0.04	0.03	0.03	0.08	1.17	0.13	0.11	0.30	1.16	0.23
Interest	0.04	0.03	0.04	0.06	0.05	0.05	0.04	0.04	0.03	0.03	0.03	0.02	0.02
Depreciation	0.34	0.34	0.36	0.38	0.38	0.38	0.40	0.40	0.39	0.41	0.42	0.42	0.43
Profit before tax	0.38	1.18	0.53	3.85	0.52	0.52	1.70	2.83	1.57	0.74	2.05	3.28	1.25
Tax %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Profit	0.37	1.18	0.53	3.85	0.51	0.51	1.70	2.83	1.56	0.74	2.05	3.28	1.25
EPS in Rs	0.92	2.94	1.32	9.60	1.27	1.27	4.24	6.14	3.38	1.61	3.79	6.06	2.31

Last Updated: August 19, 2025, 2:55 pm

Below is a detailed analysis of the quarterly data for Garg Furnace Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:

For Sales, as of Jun 2025, the value is 60.15 Cr.. The value appears to be declining and may need further review. It has decreased from 74.16 Cr. (Mar 2025) to 60.15 Cr., marking a decrease of 14.01 Cr..
For Expenses, as of Jun 2025, the value is 58.68 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 71.60 Cr. (Mar 2025) to 58.68 Cr., marking a decrease of 12.92 Cr..
For Operating Profit, as of Jun 2025, the value is 1.47 Cr.. The value appears to be declining and may need further review. It has decreased from 2.56 Cr. (Mar 2025) to 1.47 Cr., marking a decrease of 1.09 Cr..
For OPM %, as of Jun 2025, the value is 2.44%. The value appears to be declining and may need further review. It has decreased from 3.45% (Mar 2025) to 2.44%, marking a decrease of 1.01%.
For Other Income, as of Jun 2025, the value is 0.23 Cr.. The value appears to be declining and may need further review. It has decreased from 1.16 Cr. (Mar 2025) to 0.23 Cr., marking a decrease of 0.93 Cr..
For Interest, as of Jun 2025, the value is 0.02 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.02 Cr..
For Depreciation, as of Jun 2025, the value is 0.43 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.42 Cr. (Mar 2025) to 0.43 Cr., marking an increase of 0.01 Cr..
For Profit before tax, as of Jun 2025, the value is 1.25 Cr.. The value appears to be declining and may need further review. It has decreased from 3.28 Cr. (Mar 2025) to 1.25 Cr., marking a decrease of 2.03 Cr..
For Tax %, as of Jun 2025, the value is 0.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00%.
For Net Profit, as of Jun 2025, the value is 1.25 Cr.. The value appears to be declining and may need further review. It has decreased from 3.28 Cr. (Mar 2025) to 1.25 Cr., marking a decrease of 2.03 Cr..
For EPS in Rs, as of Jun 2025, the value is 2.31. The value appears to be declining and may need further review. It has decreased from 6.06 (Mar 2025) to 2.31, marking a decrease of 3.75.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: November 15, 2025, 3:17 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	148	146	90	54	66	112	99	119	179	238	258	262	259
Expenses	139	139	95	65	70	118	105	119	171	231	253	254	252
Operating Profit	9	8	-5	-11	-4	-6	-6	0	7	7	5	8	7
OPM %	6%	5%	-5%	-21%	-7%	-5%	-7%	0%	4%	3%	2%	3%	3%
Other Income	1	1	0	0	5	13	12	-3	0	0	2	2	2
Interest	8	8	7	1	1	1	1	0	0	0	0	0	0
Depreciation	1	1	1	1	1	1	1	1	1	1	2	2	2
Profit before tax	1	0	-13	-14	-1	5	4	-5	6	6	6	8	7
Tax %	29%	-80%	0%	0%	-91%	0%	0%	1%	0%	0%	0%	0%
Net Profit	1	1	-13	-14	-0	5	4	-5	6	6	6	8	7
EPS in Rs	2.34	1.35	-33.00	-33.80	-0.32	12.75	8.93	-11.75	15.77	14.82	12.06	14.13	13.77
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	0.00%	-1400.00%	-7.69%	100.00%	-20.00%	-225.00%	220.00%	0.00%	0.00%	33.33%
Change in YoY Net Profit Growth (%)	0.00%	-1400.00%	1392.31%	107.69%	-120.00%	-205.00%	445.00%	-220.00%	0.00%	33.33%

Garg Furnace Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	6%
5 Years:	22%
3 Years:	14%
TTM:	0%

Compounded Profit Growth
10 Years:	30%
5 Years:	25%
3 Years:	6%
TTM:	11%

Stock Price CAGR
10 Years:	34%
5 Years:	66%
3 Years:	66%
1 Year:	-51%

Return on Equity
10 Years:	-9%
5 Years:	18%
3 Years:	18%
Last Year:	14%

Last Updated: September 5, 2025, 3:31 pm

No data available for the Balance Sheet data table.

Reserves and Borrowings Chart

Cash Flow - No data available for this post.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	139	212	171	237	129	35	35	33	21	27	32	32
Inventory Days	39	39	50	23	82	71	44	41	41	28	12	26
Days Payable	91	177	68	72	28	25	28	25	18	16	14	12
Cash Conversion Cycle	87	74	153	188	184	81	51	49	44	39	30	47
Working Capital Days	13	25	-73	-258	-200	-35	-19	-18	4	3	33	40
ROCE %	12%	10%	-6%	-15%	-1%	-9%	-17%	-6%	32%	24%	15%	14%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Promoters	64.23%	64.23%	64.23%	64.23%	64.23%	68.86%	68.89%	49.36%	56.85%	53.41%	53.41%	53.41%
Public	35.76%	35.75%	35.75%	35.76%	35.76%	31.13%	31.11%	50.63%	43.16%	46.59%	46.59%	46.60%
No. of Shareholders	1,788	1,921	1,970	1,903	1,928	2,025	2,062	2,752	3,043	3,133	3,171	3,216

Shareholding Pattern Chart

No. of Shareholders

Garg Furnace Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	15.88	13.84	14.82	15.77	-11.74
Diluted EPS (Rs.)	14.16	11.60	14.82	15.77	-11.74
Cash EPS (Rs.)	18.53	15.47	18.34	19.11	-8.05
Book Value[Excl.RevalReserv]/Share (Rs.)	124.28	105.69	51.63	36.75	21.15
Book Value[Incl.RevalReserv]/Share (Rs.)	124.28	105.69	51.63	36.75	21.15
Revenue From Operations / Share (Rs.)	522.32	559.87	594.32	445.52	297.73
PBDIT / Share (Rs.)	18.75	15.85	18.74	19.67	0.83
PBIT / Share (Rs.)	15.47	12.44	15.21	16.33	-2.85
PBT / Share (Rs.)	15.24	12.06	14.82	15.77	-11.58
Net Profit / Share (Rs.)	15.24	12.06	14.82	15.77	-11.74
PBDIT Margin (%)	3.58	2.83	3.15	4.41	0.28
PBIT Margin (%)	2.96	2.22	2.55	3.66	-0.95
PBT Margin (%)	2.91	2.15	2.49	3.54	-3.88
Net Profit Margin (%)	2.91	2.15	2.49	3.54	-3.94
Return on Networth / Equity (%)	12.26	11.41	28.69	42.91	-55.49
Return on Capital Employeed (%)	12.15	11.40	24.38	27.35	-7.43
Return On Assets (%)	9.80	9.11	10.10	12.68	-10.71
Long Term Debt / Equity (X)	0.02	0.02	0.19	0.61	0.78
Total Debt / Equity (X)	0.02	0.03	0.22	0.69	0.78
Asset Turnover Ratio (%)	3.77	4.31	4.39	3.81	2.60
Current Ratio (X)	3.91	3.98	1.16	1.17	0.85
Quick Ratio (X)	2.77	3.26	0.69	0.51	0.45
Inventory Turnover Ratio (X)	21.99	22.34	11.73	9.38	8.82
Interest Coverage Ratio (X)	84.60	41.39	47.28	35.10	0.95
Interest Coverage Ratio (Post Tax) (X)	69.79	32.49	38.38	29.15	-3.45
Enterprise Value (Cr.)	72.00	148.95	17.83	22.98	15.07
EV / Net Operating Revenue (X)	0.27	0.57	0.07	0.12	0.12
EV / EBITDA (X)	7.67	20.39	2.37	2.92	44.98
MarketCap / Net Operating Revenue (X)	0.31	0.60	0.06	0.08	0.08
Price / BV (X)	1.34	3.20	0.79	1.02	1.17
Price / Net Operating Revenue (X)	0.31	0.60	0.06	0.08	0.08
EarningsYield	0.09	0.03	0.36	0.41	-0.47

After reviewing the key financial ratios for Garg Furnace Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 25, the value is 15.88. This value is within the healthy range. It has increased from 13.84 (Mar 24) to 15.88, marking an increase of 2.04.
For Diluted EPS (Rs.), as of Mar 25, the value is 14.16. This value is within the healthy range. It has increased from 11.60 (Mar 24) to 14.16, marking an increase of 2.56.
For Cash EPS (Rs.), as of Mar 25, the value is 18.53. This value is within the healthy range. It has increased from 15.47 (Mar 24) to 18.53, marking an increase of 3.06.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 124.28. It has increased from 105.69 (Mar 24) to 124.28, marking an increase of 18.59.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 124.28. It has increased from 105.69 (Mar 24) to 124.28, marking an increase of 18.59.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 522.32. It has decreased from 559.87 (Mar 24) to 522.32, marking a decrease of 37.55.
For PBDIT / Share (Rs.), as of Mar 25, the value is 18.75. This value is within the healthy range. It has increased from 15.85 (Mar 24) to 18.75, marking an increase of 2.90.
For PBIT / Share (Rs.), as of Mar 25, the value is 15.47. This value is within the healthy range. It has increased from 12.44 (Mar 24) to 15.47, marking an increase of 3.03.
For PBT / Share (Rs.), as of Mar 25, the value is 15.24. This value is within the healthy range. It has increased from 12.06 (Mar 24) to 15.24, marking an increase of 3.18.
For Net Profit / Share (Rs.), as of Mar 25, the value is 15.24. This value is within the healthy range. It has increased from 12.06 (Mar 24) to 15.24, marking an increase of 3.18.
For PBDIT Margin (%), as of Mar 25, the value is 3.58. This value is below the healthy minimum of 10. It has increased from 2.83 (Mar 24) to 3.58, marking an increase of 0.75.
For PBIT Margin (%), as of Mar 25, the value is 2.96. This value is below the healthy minimum of 10. It has increased from 2.22 (Mar 24) to 2.96, marking an increase of 0.74.
For PBT Margin (%), as of Mar 25, the value is 2.91. This value is below the healthy minimum of 10. It has increased from 2.15 (Mar 24) to 2.91, marking an increase of 0.76.
For Net Profit Margin (%), as of Mar 25, the value is 2.91. This value is below the healthy minimum of 5. It has increased from 2.15 (Mar 24) to 2.91, marking an increase of 0.76.
For Return on Networth / Equity (%), as of Mar 25, the value is 12.26. This value is below the healthy minimum of 15. It has increased from 11.41 (Mar 24) to 12.26, marking an increase of 0.85.
For Return on Capital Employeed (%), as of Mar 25, the value is 12.15. This value is within the healthy range. It has increased from 11.40 (Mar 24) to 12.15, marking an increase of 0.75.
For Return On Assets (%), as of Mar 25, the value is 9.80. This value is within the healthy range. It has increased from 9.11 (Mar 24) to 9.80, marking an increase of 0.69.
For Long Term Debt / Equity (X), as of Mar 25, the value is 0.02. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.02.
For Total Debt / Equity (X), as of Mar 25, the value is 0.02. This value is within the healthy range. It has decreased from 0.03 (Mar 24) to 0.02, marking a decrease of 0.01.
For Asset Turnover Ratio (%), as of Mar 25, the value is 3.77. It has decreased from 4.31 (Mar 24) to 3.77, marking a decrease of 0.54.
For Current Ratio (X), as of Mar 25, the value is 3.91. This value exceeds the healthy maximum of 3. It has decreased from 3.98 (Mar 24) to 3.91, marking a decrease of 0.07.
For Quick Ratio (X), as of Mar 25, the value is 2.77. This value exceeds the healthy maximum of 2. It has decreased from 3.26 (Mar 24) to 2.77, marking a decrease of 0.49.
For Inventory Turnover Ratio (X), as of Mar 25, the value is 21.99. This value exceeds the healthy maximum of 8. It has decreased from 22.34 (Mar 24) to 21.99, marking a decrease of 0.35.
For Interest Coverage Ratio (X), as of Mar 25, the value is 84.60. This value is within the healthy range. It has increased from 41.39 (Mar 24) to 84.60, marking an increase of 43.21.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 69.79. This value is within the healthy range. It has increased from 32.49 (Mar 24) to 69.79, marking an increase of 37.30.
For Enterprise Value (Cr.), as of Mar 25, the value is 72.00. It has decreased from 148.95 (Mar 24) to 72.00, marking a decrease of 76.95.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 0.27. This value is below the healthy minimum of 1. It has decreased from 0.57 (Mar 24) to 0.27, marking a decrease of 0.30.
For EV / EBITDA (X), as of Mar 25, the value is 7.67. This value is within the healthy range. It has decreased from 20.39 (Mar 24) to 7.67, marking a decrease of 12.72.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.31. This value is below the healthy minimum of 1. It has decreased from 0.60 (Mar 24) to 0.31, marking a decrease of 0.29.
For Price / BV (X), as of Mar 25, the value is 1.34. This value is within the healthy range. It has decreased from 3.20 (Mar 24) to 1.34, marking a decrease of 1.86.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.31. This value is below the healthy minimum of 1. It has decreased from 0.60 (Mar 24) to 0.31, marking a decrease of 0.29.
For EarningsYield, as of Mar 25, the value is 0.09. This value is below the healthy minimum of 5. It has increased from 0.03 (Mar 24) to 0.09, marking an increase of 0.06.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Garg Furnace Ltd as of November 19, 2025 is: 175.49

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 19, 2025, Garg Furnace Ltd is Undervalued by 11.07% compared to the current share price 158.00

Intrinsic Value of Garg Furnace Ltd as of November 19, 2025 is: 170.79

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 19, 2025, Garg Furnace Ltd is Undervalued by 8.09% compared to the current share price 158.00

Last 5 Year EPS CAGR: -2.68%

*Investments are subject to market risks

Strength and Weakness

Unable to fetch valid data for stock valuation.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Garg Furnace Ltd:
1. Net Profit Margin: 2.91%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 12.15% (Industry Average ROCE: 4.97%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 12.26% (Industry Average ROE: 5.31%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 69.79
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 2.77
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 9.18 (Industry average Stock P/E: 3.06)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.02
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Garg Furnace Ltd. is a Public Limited Listed company incorporated on 27/12/1973 and has its registered office in the State of Punjab, India. Company's Corporate Identification Number(CIN) is L99999PB1973PLC003385 and registration number is 003385. Currently Company is involved in the business activities of Manufacture of basic iron and steel. Company's Total Operating Revenue is Rs. 261.61 Cr. and Equity Capital is Rs. 5.01 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Metals - Ferrous	Kanganwal Road, V P O Jugiana, Ludhiana Punjab 141120	gargfurnace@yahoo.com https://gargfurnacelimited.com

Management
Name	Position Held
Mr. Devinder Garg	Chairman & Managing Director
Mr. Toshak Garg	Managing Director
Mrs. Vaneera Garg	Whole Time Director
Mrs. Amardeep Kaur	Independent Director
Mrs. Shruti Gupta	Independent Director
Mrs. Mehak Jain	Independent Director

FAQ: Stock data is invalid or not in the correct format.