Gallantt Ispat Ltd.
GALLANTT NSE
Gallantt Ispat Ltd.
Industrial ProductsNSE: GALLANTT BSE: 532726 Iron & Steel Products
Key Fundamentals
MicrocapIron & Steel ProductsIndustrial ProductsMarket Cap
₹13,997 Cr
Volatility
Moderate
P/E Ratio
31.89
EBITDA
₹716 Cr
Return on Equity
14.1%
Debt to Equity
0.17
Book Value
₹137.44
52W High
₹948
52W Low
₹496.25
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Gallantt Ispat Ltd. insights
43 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
1- Company has delivered good profit growth of 42.8% CAGR over last 5 years
Weaknesses
1- Company has a low return on equity of 13.8% over last 3 years.
Growth Rate
Revenue Growth
2.57% ↗
Net Income Growth
11.30% ↗
Cash Flow Change
68.10% ↗
ROE
53.43% ↗
ROCE
47.88% ↗
EBITDA Margin (Avg.)
-2.91% ↘
AI Analysis — Bull vs Bear
anthropic claude-opus-4.6 5d agoAI opinion · based on fundamentals
Risk high
Gallantt Ispat Ltd. is a mid-cap industrial products company with a market cap of ₹14,332 Cr, trading at a P/E of 32.7x and P/B of 4.3x. The company has delivered strong long-term profit growth (43% CAGR over 5 years) but recent momentum has slowed with TTM sales growth at just 4% and profit declining 4% on a trailing basis.
Bull Case 7
- Strong 5-year compounded profit growth of 43% CAGR demonstrates sustained earnings expansion over a meaningful period
- 3-year stock CAGR of 91% reflects significant value creation for longer-term shareholders despite recent correction
- 10-year stock CAGR of 31% indicates consistent long-term wealth compounding well above market averages
- 5-year compounded sales growth of 34% shows the company has meaningfully scaled its revenue base over the medium term
- Last year ROE of 16% shows improving capital efficiency compared to the 3-year average of 14% and 5-year average of 12%
- 10-year compounded sales growth of 21% demonstrates the company has a durable growth trajectory across business cycles
- 3-year compounded profit growth of 51% CAGR indicates strong operating leverage and margin expansion in recent years
Bear Case 8
- TTM profit growth has turned negative at -4%, signalling a potential earnings slowdown or margin compression in the current period
- P/E of 32.7x is elevated for a steel/industrial products company where cyclicality typically warrants lower multiples
- TTM sales growth of only 4% suggests revenue momentum has significantly decelerated from the 5-year CAGR of 34%
- 1-year stock return of -17% indicates the market is already repricing growth expectations downward
- 3-year average ROE of approximately 13.8% is modest for a company trading at 4.3x book value, implying stretched valuations relative to returns generated
- P/B ratio of 4.3x is high for a capital-intensive industrial business where asset-heavy balance sheets typically command lower multiples
- Dividend yield of only 0.21% provides minimal income cushion for investors during periods of price decline
- 3-year compounded sales growth of just 3% shows that the topline expansion has materially stalled in the recent period despite historical strength
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 18h ago Headwinds 2
- Profit drops 29% YoY Jul 27
Q1FY27 standalone net profit fell 29% YoY to ₹123.67 crore despite revenue rising 1.6% to ₹1,145.67 crore, indicating margin compression on a yearly basis.
- Revenue dips 5% QoQ Jul 30
Q1FY27 revenue declined 5% QoQ even as the company managed to protect profitability through margin expansion.
Positives 2
- EBITDA margin expands 50 bps QoQ Jul 30
EBITDA margin improved by 50 bps QoQ in Q1FY27, with PAT rising 0.7% QoQ to ₹124 crore despite lower revenue.
- ₹3,000 crore capex via accruals Jul 30
Gallantt Ispat continues its ₹3,000 crore capex program funded entirely through internal accruals, signaling strong cash generation and zero dilution risk.
Neutral 2
- New CFO and auditor appointed Jul 27
Amit Jalan appointed CFO effective July 27, 2026. Singhi & Co. replaces Maroti & Associates as statutory auditor after the latter cited resource constraints.
- Q1FY27 earnings call scheduled Jul 25
Gallantt Ispat scheduled its Q1FY27 earnings conference call for July 28, 2026 at 4:00 PM IST.
TL;DR: Gallantt Ispat shows operational resilience with QoQ margin expansion and a self-funded ₹3,000 crore capex cycle, but the 29% YoY profit decline and 5% QoQ revenue dip flag demand or pricing softness in the steel segment. Management changes (new CFO, new auditor) are routine but worth monitoring. The forward trajectory depends on whether capex-driven volume growth can offset near-term pricing headwinds in industrial products.
Quarterly Results
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,036 | 950 | 1,063 | 1,177 | 1,160 | 943 | 1,118 | 1,072 | 1,128 | 1,013 | 1,074 | 1,205 | 1,146 |
| Expenses | 966 | 863 | 956 | 994 | 945 | 845 | 919 | 889 | 881 | 881 | 920 | 1,020 | 961 |
| Operating Profit | 71 | 86 | 107 | 184 | 215 | 98 | 199 | 183 | 247 | 132 | 154 | 184 | 185 |
| OPM % | 7% | 9% | 10% | 16% | 19% | 10% | 18% | 17% | 22% | 13% | 14% | 15% | 16% |
| Other Income | 1 | 2 | 1 | 3 | 1 | 2 | 1 | 12 | 7 | 13 | 15 | 25 | 18 |
| Interest | 6 | 7 | 8 | 8 | 6 | 5 | 5 | 5 | 6 | 9 | 13 | 14 | 8 |
| Depreciation | 25 | 28 | 29 | 34 | 30 | 30 | 29 | 31 | 32 | 33 | 32 | 34 | 30 |
| PBT | 41 | 54 | 71 | 145 | 179 | 65 | 165 | 159 | 216 | 103 | 123 | 162 | 165 |
| Tax % | 25% | 13% | 26% | 34% | 32% | 25% | 31% | 27% | 20% | 15% | 18% | 24% | 25% |
| Net Profit | 31 | 47 | 52 | 95 | 122 | 49 | 114 | 116 | 174 | 89 | 100 | 123 | 124 |
| EPS in Rs | 1.27 | 1.96 | 2.15 | 3.95 | 5.05 | 2.03 | 4.71 | 4.82 | 7.2 | 3.69 | 4.16 | 5.09 | 5.13 |
Profit & Loss
| 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 | 720 | 670 | 616 | 824 | 1,064 | 865 | 1,007 | 3,017 | 4,057 | 4,227 | 4,293 | 4,419 | 4,437 |
| Expenses | 656 | 604 | 565 | 738 | 938 | 833 | 896 | 2,721 | 3,693 | 3,779 | 3,598 | 3,702 | 3,782 |
| Operating Profit | 65 | 66 | 52 | 86 | 125 | 32 | 111 | 296 | 364 | 448 | 694 | 716 | 655 |
| OPM % | 9% | 10% | 8% | 10% | 12% | 3.7% | 11% | 10% | 9% | 11% | 16% | 16% | 15% |
| Other Income | 1 | 3 | 1 | 5 | 5 | 1 | 2 | 54 | 3 | 7 | 16 | 60 | 71 |
| Interest | 12 | 7 | 6 | 7 | 6 | 6 | 10 | 20 | 27 | 28 | 22 | 42 | 44 |
| Depreciation | 17 | 18 | 17 | 15 | 14 | 14 | 16 | 92 | 100 | 116 | 120 | 130 | 129 |
| PBT | 37 | 44 | 30 | 69 | 110 | 13 | 88 | 237 | 240 | 311 | 568 | 604 | 552 |
| Tax % | 8% | 5% | 11% | 29% | 35% | 42% | 35% | 26% | 41% | 28% | 29% | 20% | — |
| Net Profit | 34 | 46 | 38 | 63 | 104 | 22 | 81 | 176 | 141 | 225 | 401 | 484 | 436 |
| EPS in Rs | 4.17 | 5.62 | 4.65 | 7.71 | 12.83 | 2.76 | 10.01 | 21.62 | 5.84 | 9.34 | 16.61 | 20.07 | 18.07 |
| Div. Payout % | 0% | 0% | 0% | 3% | 2% | 0% | 0% | 0% | 0% | 11% | 8% | 10% | — |
Balance Sheet
| 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 | 81 | 81 | 81 | 81 | 81 | 81 | 81 | 81 | 241 | 241 | 241 | 241 |
| Reserves | 200 | 289 | 340 | 452 | 554 | 574 | 656 | 2,002 | 1,984 | 2,209 | 2,601 | 3,075 |
| Borrowings | 91 | 62 | 74 | 56 | 51 | 123 | 114 | 387 | 538 | 462 | 378 | 548 |
| Other Liabilities | 52 | 59 | 31 | 94 | 31 | 54 | 79 | 219 | 186 | 223 | 328 | 406 |
| Total Liabilities | 424 | 492 | 527 | 683 | 718 | 832 | 930 | 2,689 | 2,949 | 3,136 | 3,548 | 4,270 |
| Fixed Assets | 212 | 205 | 230 | 219 | 208 | 198 | 463 | 1,452 | 1,623 | 1,894 | 1,807 | 1,856 |
| CWIP | 5 | 18 | 13 | 29 | 127 | 241 | 5 | 359 | 316 | 122 | 318 | 349 |
| Investments | 43 | 90 | 101 | 164 | 196 | 211 | 236 | 1 | 2 | 52 | 40 | 25 |
| Other Assets | 165 | 178 | 183 | 271 | 186 | 182 | 226 | 876 | 1,009 | 1,068 | 1,383 | 2,040 |
| Total Assets | 424 | 492 | 527 | 683 | 718 | 832 | 930 | 2,689 | 2,949 | 3,136 | 3,548 | 4,270 |
Cash Flow
| 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 | 70 | 56 | 42 | 122 | 76 | 57 | 92 | 234 | 96 | 344 | 579 | 602 |
| Investing | -20 | -22 | -52 | -97 | -69 | -122 | -75 | -209 | -225 | -248 | -460 | -627 |
| Financing | -48 | -36 | 7 | -23 | -10 | 65 | -17 | -19 | 126 | -102 | -114 | 121 |
| Net Cash Flow | 2 | -1 | -2 | 2 | -3 | 0 | 1 | 6 | -3 | -5 | 5 | 96 |
| Free Cash Flow | 48 | 32 | 6 | 96 | -33 | -50 | 46 | -39 | -132 | 151 | 337 | 364 |
| CFO/OP | 120 | 100 | 94 | 158 | 80 | 187 | 97 | 93 | 38 | 89 | 98 | 102 |
Ratios
| 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 | 12 | 17 | 20 | 22 | 13 | 10 | 18 | 19 | 12 | 9 | 8 | 15 |
| Inventory Days | 55 | 57 | 77 | 65 | 51 | 69 | 66 | 50 | 48 | 48 | 51 | 63 |
| Days Payable | 0 | 3 | 17 | 47 | 8 | 19 | 18 | 24 | 7 | 6 | 11 | 20 |
| Cash Conversion Cycle | 67 | 71 | 80 | 41 | 55 | 59 | 66 | 45 | 53 | 51 | 48 | 58 |
| Working Capital Days | 20 | 42 | 22 | 38 | 27 | 19 | 11 | 45 | 40 | 49 | 58 | 68 |
| ROCE % | — | 13% | 8% | 14% | 18% | 3% | 12% | 16% | 10% | 12% | 19% | 18% |
Documents
1
Announcement under Regulation 30 (LODR)-Newspaper Publication
7 May - Submission of newspaper cuttings publishing the Audited Financial Results of the Company for the quarter and ended 31st March, 2026. 7 May - Submission of newspaper cuttings publishing the Audited Financial Results of the Company for the quarter and ended 31st March, 2026.
2
Announcement under Regulation 30 (LODR)-Change in Management
1d - Two independent directors resigned May 5, 2026; two new independent directors appointed for two years. 1d - Two independent directors resigned May 5, 2026; two new independent directors appointed for two years.
3
Announcement under Regulation 30 (LODR)-Resignation of Director
6 May - Smita Modi and Pankaj Khanna resigned as independent directors effective 5 May 2026. 6 May - Smita Modi and Pankaj Khanna resigned as independent directors effective 5 May 2026.
4
Announcement under Regulation 30 (LODR)-Press Release / Media Release
7 May - Gallantt Ispat reported Q4/FY26 results: revenue ₹4,418.9 Cr, PAT ₹484.3 Cr, ₹3,000 Cr capex on track. 7 May - Gallantt Ispat reported Q4/FY26 results: revenue ₹4,418.9 Cr, PAT ₹484.3 Cr, ₹3,000 Cr capex on track.
5
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
7 May - Submission of audio recordings of Earnings Call Conference with investors/analysts for the quarter and year ended 31st March, 2026. 7 May - Submission of audio recordings of Earnings Call Conference with investors/analysts for the quarter and year ended 31st March, 2026.
1
Announcement Under Regulation 30 (LODR) - Company Declared As Preferred Bidder For Coal Block 5 Aug 2026
General_Announcements
Frequently Asked Questions about Gallantt Ispat Ltd.
What does Gallantt Ispat Ltd. do?
Incorporated in 2005,Gallantt Ispat Limited is a leading Iron and Steel manufacturing Company located in Eastern Uttar Pradesh. The Co is engaged in the business of Iron & Steel, Agro, Power and Real Estate. [1]
Where is Gallantt Ispat Ltd. (GALLANTT) listed?
Gallantt Ispat Ltd. is listed on the Indian stock exchanges. It is listed on NSE: GALLANTT and BSE: 532726. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Gallantt Ispat Ltd. belong to?
Gallantt Ispat Ltd. operates in the Industrial Products sector within the Iron & Steel Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Gallantt Ispat Ltd.?
Gallantt Ispat Ltd. has a market capitalisation of approximately ₹13996.71 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Gallantt Ispat Ltd.?
The Price-to-Earnings (PE) ratio of Gallantt Ispat Ltd. is 31.89. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Gallantt Ispat Ltd.?
Over the past 52 weeks, Gallantt Ispat Ltd. has traded between a low of ₹496.25 and a high of ₹948. This range helps investors understand the stock's price volatility and recent trading levels.
Does Gallantt Ispat Ltd. pay dividends?
Yes, Gallantt Ispat Ltd. has a dividend yield of 0.21%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Gallantt Ispat Ltd.?
Gallantt Ispat Ltd. has a Return on Equity (ROE) of 14.10%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Gallantt Ispat Ltd. on Tapetide?
On Tapetide, you can view Gallantt Ispat Ltd.'s live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 2005,Gallantt Ispat Limited is a leading Iron and Steel manufacturing Company located in Eastern Uttar Pradesh. The Co is engaged in the business of Iron & Steel, Agro, Power and Real Estate. [1]
Website gallantt.com
CEO Mr. Sandip Kumar Agarwal
Employees 3,629
Listed 2006-04-04
Face Value ₹ 10
Issued Size 24,12,80,945