Gallantt Ispat Limited (GALLANTT)

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Gallantt Ispat Limited (GALLANTT) · mywealthgrid

About

Gallantt Ispat Limited operates in Iron & Steel Products within the Industrials sector. With a market capitalization of ₹14,044.87 Cr and recent quarterly revenues of ₹1.1–1.2k Cr, the company is an established mid-cap player. It demonstrates consistent profitability with net margins around 8–11% and an ROE of 15.73%, supported by low leverage (D/E 0.17).

Face value: ₹10

Market cap

₹12,793 Cr

P/E

29.4×

P/B

3.9×

Dividend yield

0.4%

ROE

15.7%

ROCE

19.2%

Debt / equity

0.17

OPM

16.2%

EPS (TTM)

₹18.1

Book value

₹137.4

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Operating margin sensitivity: OPM ranged from 12.99% (Sep 2025) to 16.21% (Jun 2026); verify whether input cost trends and commodity cycles can sustain current levels
Valuation concerns at PE 32.22 coupled with stock underperformance of -24.62% year-on-year from ₹927 high suggests either unmet growth expectations or sector headwinds
Revenue stalled: Quarterly revenue fell from ₹1,204.81 Cr (Mar 2026) to ₹1,145.67 Cr (Jun 2026); verify demand trends, order books, and capacity utilization rates
Minimal institutional participation: FII near 0% and DII at 0.08% warrant checking analyst coverage and fund positioning relative to peers

Generated analysis · source review pending

Growth drivers

Net profit grew 41.6% from ₹87.23 Cr (Sep 2025) to ₹123.67 Cr (Jun 2026), demonstrating expanding profitability despite flat revenue
EPS expanded from ₹3.62 to ₹5.13 over recent quarters, providing earnings support if growth trajectory continues
D/E 0.17 provides financial capacity for capex and strategic investments — verify management's capital allocation strategy and pipeline projects
Operating margins improved from 12.99% (Sep 2025) to 16.21% (Jun 2026); assess sustainability of this leverage against commodity price cycles

Generated analysis · source review pending

2,432 historical price candles were omitted because the exchange source has not been verified.

₹530.2-1.7%1Y

Quick read

rule-based

Pros

+Profit CAGR of 84.9% over the last 5 years
+Revenue CAGR of 38.6% over the last 5 years
+Comfortable interest coverage of 15.5×
+High promoter holding of 70% with no pledge

Cons

−Low dividend payout of 11.1% of profit

Research score

Structured signal from quality, growth, valuation and momentum.

50/100

Business quality: 64
Growth: 33
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Part ofNIFTY SMALLCAP 100 NIFTY SMALLCAP 250 NIFTY MIDSMALLCAP 400 NIFTY 500 NIFTY TOTAL MARKET

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Welspun Corp LimitedWELCORPWELCORP	₹68,741 Cr	₹70,904 Cr	₹17,300 Cr	₹2,403 Cr	13.3%	₹2,309 Cr	9.7%	19.2%	19.4%	85
Apl Apollo Tubes LimitedAPLAPOLLOAPLAPOLLO	₹58,753 Cr	₹59,205 Cr	₹22,897 Cr	₹1,841 Cr	7.8%	₹1,229 Cr	5.2%	30.8%	25.3%	-12
Shyam Metalics And Energy LimitedSHYAMMETLSHYAMMETL	₹29,244 Cr	₹30,225 Cr	₹19,574 Cr	₹2,519 Cr	12.6%	₹860 Cr	5.7%	13.5%	9.7%	8
Ratnamani Metals & Tubes LimitedRATNAMANIRATNAMANI	₹18,362 Cr	₹18,666 Cr	₹4,314 Cr	₹732 Cr	16.9%	₹433 Cr	11.9%	17.8%	12.5%	210
Jindal Saw LimitedJINDALSAWJINDALSAW	₹17,286 Cr	₹21,976 Cr	₹18,263 Cr	₹1,941 Cr	12.4%	₹653 Cr	5.2%	11.4%	8.1%	159
Usha Martin LimitedUSHAMARTUSHAMART	₹14,982 Cr	₹15,128 Cr	₹3,837 Cr	₹768 Cr	19.1%	₹507 Cr	12.6%	20%	15.4%	190
Godawari Power And Ispat LimitedGPILGPIL	₹14,517 Cr	₹14,943 Cr	₹5,808 Cr	₹1,263 Cr	23.3%	₹808 Cr	14.9%	20.1%	14.9%	73
Gallantt Ispat LimitedGALLANTTGALLANTT	₹12,793 Cr	₹13,340 Cr	₹4,437 Cr	₹655 Cr	16.2%	₹436 Cr	11%	19.2%	15.7%	58
Maharashtra Seamless LimitedMAHSEAMLESMAHSEAMLES	₹9,363 Cr	₹9,377 Cr	₹4,620 Cr	₹696 Cr	14.6%	₹737 Cr	15%	13.6%	10.6%	153
Jayaswal Neco Industries LimitedJAYNECOINDJAYNECOIND	₹8,863 Cr	₹10,960 Cr	₹7,589 Cr	₹1,409 Cr	18.6%	₹564 Cr	6.5%	22.9%	17.8%	151
Sunflag Iron And Steel Company LimitedSUNFLAGSUNFLAG	₹7,812 Cr	₹8,286 Cr	₹3,995 Cr	₹476 Cr	12.1%	₹206 Cr	5.1%	3.8%	2.3%	95
Man Industries (India) LimitedMANINDSMANINDS	₹6,912 Cr	₹7,411 Cr	₹3,875 Cr	₹532 Cr	12.3%	₹204 Cr	4.8%	18.4%	9.2%	114

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2020	Mar 2021	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	865	1,007	4,057	4,227	4,293	4,419
COGS	704	758	3,325	3,338	3,112	3,191
Gross profit	161	250	732	889	1,181	1,228
	114	114	368	441	486	511
	47	136	364	448	694	716
OPM %	5.5%	13.5%	9%	10.6%	16.2%	16.2%
Depreciation	14	16	100	116	120	130
Interest	6	10	27	28	22	42
	1	2	3	7	16	60
Profit before tax	28	113	240	311	568	604
Tax	5	31	99	86	167	120
Tax %	19.5%	27.7%	41.3%	27.6%	29.5%	19.8%
	22	81	141	225	401	484
PAT margin %	2.6%	8.1%	3.5%	5.3%	9.3%	11%
EPS (₹)	2.8	10	5.8	9.3	16.6	20.1
EPS adjusted (₹)	—	10	5.8	9.3	16.6	20.1
	0%	0%	0%	10.7%	7.5%	10%
Annual report	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	81	81	241	241	241	241
Reserves	656	—	1,984	2,209	2,601	3,075
	114	—	538	462	378	548
	79	—	186	223	328	406
Total equity & liabilities	930	—	2,949	3,136	3,548	4,270
	463	1,452	1,623	1,894	1,807	1,856
CWIP	5	—	316	122	318	349
Investments	236	—	2	52	40	25
	226	—	1,009	1,068	1,383	2,040
Total assets	930	—	2,949	3,136	3,548	4,270

₹ Cr	Mar 2021	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	92	96	344	579	602
	-75	-225	-248	-460	-627
	-17	126	-102	-114	121
Net cash flow	1	-3	-5	5	96
Free cash flow	46	-132	145	337	254
CFO / Operating profit %	82.6%	26.3%	76.8%	83.4%	84.1%

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs.

Source XBRL ↗

Latest reported period · 31 Mar 2021 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities
Steel	1,007.05	61.16	—	193.12
Power	140.65	34.22	—	0
Un-allocated	2.31	0

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2020	Mar 2021	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	18.7%	24.8%	18%	21%	27.5%	27.8%
EBITDA margin %	3.7%	11%	9%	10.6%	16.2%	16.2%
EBIT margin %	2.1%	9.5%	6.5%	7.9%	13.4%	13.3%
PAT margin %	2.6%	8.1%	3.5%	5.3%	9.3%	11%
Working capital
Receivable days	—	18	12	9	8	15
Inventory days	—	66	48	48	51	63
Payable days	—	18	7	6	11	20
NWC days	—	66	53	51	48	58
Leverage
Current ratio	—	1.22	1.85	2.24	3.35	2.95
Debt to EBITDA	—	1.03	1.48	1.03	0.54	0.76
Debt to equity	—	0.15	0.24	0.19	0.13	0.17
Interest coverage	3	10.1	9.8	12	26.8	15.5
Asset turnover	—	1.08	1.38	1.35	1.21	1.03
Return ratios
Return on assets %	—	8.8%	4.8%	7.2%	11.3%	11.3%
Return on capital employed %	—	12.9%	16.9%	13.4%	20.3%	19.2%
Return on equity %	—	11%	6.3%	9.2%	14.1%	14.6%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	68.94%	68.94%	68.93%	68.93%	68.93%	68.93%	68.93%	68.93%	68.93%	69.83%	70%	70.03%
	0%	0.01%	0.02%	0.16%	0.09%	0.07%	0.04%	0.06%	0.19%	0.15%	0.09%	0.02%
	0%	0%	0%	0%	0%	0%	0%	0%	0.06%	0.05%	0.08%	0.08%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	31.06%	31.05%	31.05%	30.91%	30.98%	31%	31.03%	31.01%	30.82%	29.97%	29.83%	29.87%
No. of shareholders	—	—	—	—	—	—	—	—	21,372	22,435	21,181	29,986

Promoter holding up 1.09 percentage points since Sep 2023.

20 deals · 11 Dec 2025 – 16 Apr 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
16 Apr 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Sell	26,08,311	₹886.93	₹231.34 Cr
16 Apr 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Buy	26,08,311	₹886.49	₹231.22 Cr
16 Apr 2026	MICROCURVES TRADING PRIVATE LIMITED	Bulk	NSE	Sell	25,60,613	₹885.78	₹226.81 Cr
16 Apr 2026	MICROCURVES TRADING PRIVATE LIMITED	Bulk	NSE	Buy	25,60,613	₹885.30	₹226.69 Cr
16 Apr 2026	JUNOMONETA FINSOL PRIVATE LIMITED	Bulk	NSE	Buy	21,36,275	₹883.54	₹188.75 Cr
16 Apr 2026	JUNOMONETA FINSOL PRIVATE LIMITED	Bulk	NSE	Sell	21,16,782	₹883.53	₹187.02 Cr
16 Apr 2026	IRAGE BROKING SERVICES LLP	Bulk	NSE	Buy	17,71,424	₹888.49	₹157.39 Cr
16 Apr 2026	IRAGE BROKING SERVICES LLP	Bulk	NSE	Sell	13,00,681	₹880.79	₹114.56 Cr
8 Apr 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Sell	14,68,909	₹689.76	₹101.32 Cr
8 Apr 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Buy	14,68,909	₹689.45	₹101.27 Cr

1–10 of 20

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Mr. Chandra Prakash AgrawalExecutive Director-Chairperson related to Promoter-MD
Mr. Dinesh R AgarwalExecutive Director
Mr. Dindayal JalanExecutive Director
Mr. Prem Prakash AgrawalExecutive Director
Mr. Nitin Mahavir Prasad KandoiExecutive Director
Mr. Ashtbhuja Prasad SrivastavaNon-Executive - Independent Director
Mrs. Nishi AgrawalNon-Executive - Independent Director
Mr. Atul Kumar GuptaNon-Executive - Independent Director
Mr. Sanjay Kumar JainNon-Executive - Independent Director
Mr. Mayank AgrawalChief Executive Officer
Mr. Kishore PariyarNon-Executive - Independent Director

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F&O

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

Portfolio month

Schemes holding

across 8 fund houses

Held by these funds

0.05%

of the company's equity

All mutual funds

0.08%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

22 schemes · 8 fund houses

		Shares
Nifty Smallcap 250 Index Fund	Nippon India Mutual Fund	47,678	2.7	0.08%	0.02%	+607
Nifty Smallcap 250 Index Fund	SBI Mutual Fund	24,231	1.37	0.08%	0.01%	+282
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	17,565	1	0.08%	0.007%	+164
Nifty 500 Equal Weight Index Fund	Nippon India Mutual Fund	15,327	0.87	0.16%	0.006%	+297
Nifty Smallcap 250 Index Fund	ICICI Prudential Mutual Fund	10,680	0.61	0.08%	0.004%	+210
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	4,769	0.27	0.01%	0.002%	+168
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	3,432	0.19	0.08%	0.001%	-166
IB20-Groww Nifty Smallcap 250 Index Fund	Groww Mutual Fund	1,888	0.11	0.08%	0.001%	+9

1–8 of 22

1 / 3

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

5

Final dividend23 Sept 2026 · ex-date₹2
Final dividend12 Sept 2025 · ex-date₹1.25
Final dividend23 Sept 2024 · ex-date₹1
Final dividend18 Sept 2019 · ex-date₹0.25
Final dividend18 Sept 2018 · ex-date₹0.25

1

Board meeting to consider results27 Jul 2026

1

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

34 announcementsExport CSV

30 Sept 2026, 8:54 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM

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Ratio	Mar 2020	Mar 2021	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	18.7%	24.8%	18%	21%	27.5%	27.8%
EBITDA margin %	3.7%	11%	9%	10.6%	16.2%	16.2%
EBIT margin %	2.1%	9.5%	6.5%	7.9%	13.4%	13.3%
PAT margin %	2.6%	8.1%	3.5%	5.3%	9.3%	11%
Working capital
Receivable days	—	18	12	9	8	15
Inventory days	—	66	48	48	51	63
Payable days	—	18	7	6	11	20
NWC days	—	66	53	51	48	58
Leverage
Current ratio	—	1.22	1.85	2.24	3.35	2.95
Debt to EBITDA	—	1.03	1.48	1.03	0.54	0.76
Debt to equity	—	0.15	0.24	0.19	0.13	0.17
Interest coverage	3	10.1	9.8	12	26.8	15.5
Asset turnover	—	1.08	1.38	1.35	1.21	1.03
Return ratios
Return on assets %	—	8.8%	4.8%	7.2%	11.3%	11.3%
Return on capital employed %	—	12.9%	16.9%	13.4%	20.3%	19.2%
Return on equity %	—	11%	6.3%	9.2%	14.1%	14.6%

Date	Category	Subject	Filing
30 Sept 2026, 8:54 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
30 Sept 2026, 8:45 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
30 Sept 2026, 3:34 pm	AGM/EGM AGM	Shareholder Meeting - Proceedings Of Annual General Meeting	PDF
28 Sept 2026, 4:58 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
21 Sept 2026, 11:34 am	Insider Trading / SAST Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011	Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011	PDF
20 Sept 2026, 4:40 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
11 Sept 2026, 6:52 pm	Company Update General	Announcement Under Regulation 30 Of LODR - Intimation Regarding Dispatch Of Weblink Letters	PDF
8 Sept 2026, 11:55 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF

Gallantt Ispat Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Segment results

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Events

5

1

1

Announcements

Not in the F&O segment

Announcements

5

1

1

Annual reports

Credit ratings

Investor Presentation and earnings call

Segment results

Compounded sales growth

Compounded profit growth

Return on equity

Power · revenue

Gallantt Ispat Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Events

Dividends5

Board meetings1

Other corporate actions1

Announcements

Ratio timeline

Not in the F&O segment

Quarterly record

Bulk & block deals

Board and management

Announcements

Dividends5

Board meetings1

Other corporate actions1

Annual reports

Credit ratings

Investor Presentation and earnings call

Profit & loss

Balance sheet

Cash flow

Segment results

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Power · revenue

5

1

1

5

1

1