Gallantt Ispat Limited share price
NSE: GALLANTT · ISIN INE297H01019
Key numbers
- Market cap
- ₹ 13,152 Cr
- Current price
- ₹ 545.10
- 52-week high / low
- ₹ 948 / 496
- Stock P/E
- 27.2
- Book value
- ₹ 137.4
- Dividend yield
- 0.37%
- ROCE
- 18.2%
- ROE
- 15.7%
- Debt to equity
- 0.17
- Sales growth (3 yrs)
- 2.2%
- Profit growth (3 yrs)
- 50.9%
- 1-year return
- -17.9%
About Gallantt Ispat Limited
Gallantt Ispat Limited engages in manufacture and sale of iron and steel products in India. The company offers TMT bars, sponge iron, M.S. round bars and billets, iron ore pellets, and MIS roll bars. It also involved in real estate and cement businesses. The company offers its products to real estate developers, construction industries, government organizations, and corporate customers. The company was formerly known as Gallantt Metal Limited and changed its name to Gallantt Ispat Limited in June 2022. Gallantt Ispat Limited was founded in 1984 and is headquartered in Gorakhpur, India.
Quarterly results
Consolidated figures in ₹ crores
| Dec 2024 | Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Sales | 1,118 | 1,072 | 1,128 | 1,074 | 1,205 |
| Operating profit | 199 | 183 | 247 | 154 | 184 |
| Net profit | 114 | 116 | 174 | 100 | 123 |
| EPS (₹) | 4.71 | 4.82 | 7.20 | 4.16 | 5.09 |
Concall summary (2026-08-04)
AI summary of the earnings call transcript · tone: Cautious · source document
Guidance & outlook
- We closed the quarter with an EBITDA margin of 18% and a PAT margin of 11%, both broadly in line with what we delivered in Q4 FY26, though below the 23% and 15% we had reported in Q1 FY26.
- On the expansion itself, FY26 was a year of consolidation and the benefits of our 1.23 million tonne capacity out of which 0.23 million tonne is under expansion, are expected to flow through from the second half of this year post-commissioning.
Growth & demand
- On volume growth, which is our first pillar, TMT bar sales volumes were broadly flat on a year- on-year basis at around 192,000 tonnes, though down about 8% percentage sequentially against a strong Q4 FY2026.
- Billet volumes, by contrast, grew 13% percentage year-on-year and 38% sequentially, running well ahead of our internal plans for the year.
Margins & costs
- One area we are watching closely is the utilization of rolling mill unit at our Kutch facility, which was at around 66% capacity utilization, which continues to trail in comparison to Gorakhpur's capacity utilization, which is 93%.
- Gallantt Ispat Limited July 28, 2026 Employees cost increased 24% year-on-year, primarily driven by the full-year impact of the employee cost for the DRI plant commissioned last year, as the corresponding period last year reflected only a partial cost base.
Capex & expansion
- Our capacity expansion from 1 million to 1.23 million tonnes, part of our INR 3,000 crores capex program continues to progress well and remains on course for commissioning in the second half of this financial year.
- In tonnes, the installed capacity of pellet plant is about 8 lakh tonnes and we require about 9 lakh to 9.5 lakh tonnes annually of raw feed.
Balance sheet & cash
- Gallantt continues to be a net cash surplus company with no term loans and our ongoing capex continues to be funded entirely through our internal accruals.
- Our cash balance was down from 20% sequentially alongside a buildup in receivables and inventories.
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