Gallantt Ispat Ltd.
Gallantt Ispat Ltd.
IndustrialsIncorporated 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]
Gallantt Ispat has delivered exceptional profit growth of 51% CAGR over 3 years and strong stock returns of 130% CAGR over the same period, but the current PE of 36.8x is stretched for a steel/ispat company with only 3% TTM sales growth. The valuation appears to price in future growth that is yet to materialize in topline numbers.
Key Fundamentals
SmallcapIron & Steel ProductsIndustrial ProductsTechnical 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
AI Analysis — Bull vs Bear
Gallantt Ispat has delivered exceptional profit growth of 51% CAGR over 3 years and strong stock returns of 130% CAGR over the same period, but the current PE of 36.8x is stretched for a steel/ispat company with only 3% TTM sales growth. The valuation appears to price in future growth that is yet to materialize in topline numbers.
- Compounded profit growth of 51% CAGR over 3 years demonstrates strong earnings momentum
- Stock CAGR of 130% over 3 years reflects sustained market confidence and re-rating
- 5-year compounded profit growth of 43% CAGR significantly outpaces sector averages for mid-cap steel companies
- ROE improved to 16% in the last year from a 5-year average of 12%, indicating improving capital efficiency
- 10-year compounded sales growth of 21% shows the company has scaled meaningfully over a long period
- Market cap of Rs 17,408 Cr provides reasonable liquidity and institutional eligibility for a mid-cap industrial name
- TTM profit growth of 21% remains healthy even as the base effect from prior years normalizes
- 5-year stock CAGR of 61% indicates consistent long-term wealth creation for shareholders
- TTM sales growth of just 3% signals significant topline stagnation despite strong profit growth
- PE ratio of 36.8x is expensive for a cyclical steel and ispat company where sector average PE is typically 10-15x
- 3-year compounded sales growth of only 3% suggests volume or pricing headwinds in the core business
- Zero analyst coverage with no buy/hold/sell ratings indicates lack of institutional research interest
- Price-to-book ratio of 5.37x is elevated for a capital-intensive industrial company
- 3-year average ROE of only 13.8% is below the 15% threshold typically expected for a stock trading at 36.8x PE
- Dividend yield of just 0.17% offers negligible income support to shareholders at current valuations
- Debt-to-equity and EPS data unavailable, limiting full financial transparency for investors
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
- EOGM for director appointments Jun 2
Gallantt Ispat will hold an EOGM on June 25, 2026, to approve appointment of four directors including Mr. Dindayal Jalan as Whole-time Director, and remuneration increases for Chairman, MD, and senior executives.
- IEPF unclaimed dividend notice Jun 15
Shareholders notified to claim unclaimed final dividends for FY 2015-19 by September 30, 2026, or equity shares will be transferred to IEPF.
- EGM via video conferencing Jun 1
Extra-Ordinary General Meeting held on June 1, 2026, via video conferencing, with notice published in Business Standard and Aaj.
TL;DR: Recent news flow for Gallantt Ispat is entirely procedural and governance-related, with no material business developments, earnings signals, or risk events. The company is conducting routine board restructuring and shareholder compliance activities. There are no identifiable headwinds or positives from these updates. Investors should watch for upcoming operational or financial disclosures for directional cues.
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,094 | 1,036 | 950 | 1,063 | 1,177 | 1,160 | 943 | 1,118 | 1,072 | 1,128 | 1,013 | 1,074 | 1,205 |
| Expenses | 970 | 966 | 863 | 956 | 994 | 945 | 845 | 919 | 889 | 881 | 881 | 920 | 1,020 |
| Operating Profit | 124 | 71 | 86 | 107 | 184 | 215 | 98 | 199 | 183 | 247 | 132 | 154 | 184 |
| OPM % | 11% | 7% | 9% | 10% | 16% | 19% | 10% | 18% | 17% | 22% | 13% | 14% | 15% |
| Other Income | 1 | 1 | 2 | 1 | 3 | 1 | 2 | 1 | 12 | 7 | 13 | 15 | 25 |
| Interest | 9 | 6 | 7 | 8 | 8 | 6 | 5 | 5 | 5 | 6 | 9 | 13 | 14 |
| Depreciation | 25 | 25 | 28 | 29 | 34 | 30 | 30 | 29 | 31 | 32 | 33 | 32 | 34 |
| PBT | 92 | 41 | 54 | 71 | 145 | 179 | 65 | 165 | 159 | 216 | 103 | 123 | 162 |
| Tax % | 26% | 25% | 13% | 26% | 34% | 32% | 25% | 31% | 27% | 20% | 15% | 18% | 24% |
| Net Profit | 68 | 31 | 47 | 52 | 95 | 122 | 49 | 114 | 116 | 174 | 89 | 100 | 123 |
| EPS in Rs | 2.81 | 1.27 | 1.96 | 2.15 | 3.95 | 5.05 | 2.03 | 4.71 | 4.82 | 7.2 | 3.69 | 4.16 | 5.09 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 720 | 670 | 616 | 824 | 1,064 | 865 | 1,007 | 3,017 | 4,057 | 4,227 | 4,293 | 4,419 |
| Expenses | 656 | 604 | 565 | 738 | 938 | 833 | 896 | 2,721 | 3,693 | 3,779 | 3,598 | 3,702 |
| Operating Profit | 65 | 66 | 52 | 86 | 125 | 32 | 111 | 296 | 364 | 448 | 694 | 716 |
| OPM % | 9% | 10% | 8% | 10% | 12% | 4% | 11% | 10% | 9% | 11% | 16% | 16% |
| Other Income | 1 | 3 | 1 | 5 | 5 | 1 | 2 | 54 | 3 | 7 | 16 | 60 |
| Interest | 12 | 7 | 6 | 7 | 6 | 6 | 10 | 20 | 27 | 28 | 22 | 42 |
| Depreciation | 17 | 18 | 17 | 15 | 14 | 14 | 16 | 92 | 100 | 116 | 120 | 130 |
| PBT | 37 | 44 | 30 | 69 | 110 | 13 | 88 | 237 | 240 | 311 | 568 | 604 |
| 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 |
| 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 |
| 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
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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]