Gallantt Ispat

NSE: GALLANTTBSE: 532726
Compare with peers
₹ 541.00▼ 2.5 (−0.46%)28 Oct, 03:29 pm IST
Market cap
₹ 13,117 Cr.
P/E
32.1x
P/B
4.01x
52-week range
496.25 – 948
ROE
16%
ROCE
18%
Dividend yield
0.4%
Debt / equity
0.17
Sector
Industrial Products
Industry
Iron & Steel Products
Listed on
NSE, BSE

About

Gallantt Ispat Limited is an India-based company, which is engaged in the manufacturing of steel and steel products with power plants. It is also engaged in the business of real estate. Its customers include real estate developers, construction industries, government organizations and corporate customers. Its products are sold through a network of dealers and distributors. Also, the Company sells products directly to the bulk buyers and participates in auctions of government and non-government organizations. It manufactures pellets, sponge iron, steel melt shops, and rolling pins. Steel billets are also used in forge shops and machine shops for the production of engineering goods and also as feedstock for seamless tubes. It maintains the quality of TMT Bars, conforming to Indian standards as well as international standards. Its product portfolio for the food grain business includes wheat flour products like atta, maida, suji and bran. Its products are sold under the brand name Gallan.

Quick check

The five things to look at first. Open one for more.

Gallantt Ispat against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)32.1 against a typical 18.6: pricier than most peers (1st = cheapest).107th of 146
  • Sales growth+13.1% against a typical +13.1% from a year earlier.59th of 117
  • Profit growth−31.5% against a typical +26.2% from a year earlier.84th of 105
  • Share price, 3 months−9.9% against a typical −3.1%.91st of 135
  • Size₹ 13,117 Cr. market value against a typical ₹ 156.5 Cr. (1st = largest).5th of 135

Latest announcements

Exchange filings and their impact on the company.

  • 27 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesHigh impactPositivePrice −0.5% so far today
    Weak Q2 on shutdowns masks 23% capacity coming in November plus firm steel prices driving recovery.

    Gallantt Ispat held its Q2 FY27 earnings call after revenue of Rs 1146 cr (+13% YoY) but EBITDA fell to Rs 111 cr (9.64% margin) and PAT to Rs 61 cr on a planned Gorakhpur shutdown for its 1.0 to 1.23mt expansion and an extended power-plant outage plus higher coal costs. Management said the expanded plant starts by 10 Nov 2026 reaching 85-90% utilisation by December, with TMT prices up 21% YoY in September, 18MW solar ready in November and iron-ore mines targeted for FY28 adding about Rs 2000 per ton to EBITDA. The Rs 3000 cr capex remains funded by internal accruals with no project term loans and a larger greenfield plan to be unveiled in Q4 FY27.

    Filing
  • 20 Oct 2026Outcome of Board MeetingMedium impactNegativePrice −6.9% on 21 Oct
    Q2 sales grew 13% but profit crashed 32% on cost pressure, dragging H1 profit down 30%.

    Gallantt Ispat reported Q2 FY27 revenue of Rs 1,145.9 crore, up 13% from last year but flat versus last quarter. Profit before tax fell to Rs 83.2 crore and net profit to Rs 60.5 crore, down about 32% year-on-year and 51% quarter-on-quarter, with EPS at Rs 2.51. For the first half, revenue was Rs 2,291.6 crore with net profit of Rs 184.2 crore, down 30% from last year, while the company spent Rs 278.5 crore on expansion and inventories rose sharply.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

High safety

Rated AA- by India Ratings
AA-
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
India RatingsIND AA-; IND A1+Stable31 Mar 2026
Credit rating actions
RatingDetails
31 Mar 2026
Reaffirmed
IND AA-—India Ratings₹ 1,000 Cr.
9 Sep 2025
Rating action
IND AA-—India Ratings₹ 850 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
19 Oct 2026Financial ResultsTo consider and approve the financial results for the period ended September 30, 2026
27 Jul 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2026 and other business matters
5 May 2026Financial Results/Dividend/Other business mattersTo consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters
4 Feb 2026Financial ResultsGALLANTT : 04-Feb-2026 : The Company has informed the Exchange that a Board meeting to be held on January 21, 2026 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on February 04, 2026, To consider and approve the financial results for the period ended December 31, 2025
21 Jan 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
3 Nov 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025

Share price

1M change +0.83%
1 of 2 filing days came with a big price moveBiggest −6.9% on 21 Oct 2026AI reading matched the move 1 of 1
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales1,0631,1771,1609431,1181,0721,1281,0131,0741,2051,1461,146
Expenses9569949458459198898818819201,0209611,036
Operating Profit10718421598199183247132154184185110
OPM %10%16%19%10%18%17%22%13%14%15%16%10%
Other Income131211271315251818
Interest88655569131489
Depreciation293430302931323332343036
Profit before tax711451796516515921610312316216583
Tax %26%34%32%25%31%27%20%15%18%24%25%27%
Net Profit5295122491141161748910012312461
EPS in Rs2.153.955.052.034.714.827.23.694.165.095.132.51

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
21%
5 Years
34%
3 Years
3%
TTM
6%
Compounded Profit Growth
10 Years
27%
5 Years
43%
3 Years
51%
TTM
−17%
Stock Price CAGR
10 Years
27%
5 Years
49%
3 Years
86%
TTM
—
Return on Equity
10 Years
12%
5 Years
12%
3 Years
14%
TTM
—

Shareholding

Latest: Sep 2026.

Promoters
70.98%
+2.05 pts in a year
FIIs
0.03%
−0.16 pts in a year
DIIs
0.09%
+0.03 pts in a year
Public
28.89%
−1.92 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 32.1xEPS (12 months) ₹ 16.89Median P/E 9.6x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Gallantt Ispat₹ 541.00₹ 13,117 Cr.32.1x4x16%—
JSW Steel₹ 1,187.00₹ 2,90,275 Cr.41.6x3x—14.8%
Lloyds Metals And Energy₹ 1,780.40₹ 1,00,195 Cr.27.8x7.6x36.2%22.4%
Jindal Steel₹ 1,012.00₹ 1,04,634 Cr.25.9x2.1x6.9%6.3%
Jindal Stainless₹ 684.00₹ 56,394 Cr.18.8x3.1x17.5%7.4%
Welspun Corp₹ 2,402.00₹ 63,363 Cr.25.9x4.6x19.4%9.7%

Management

Chandra Prakash Agarwal
Executive Chairman of the Board, Managing Director
Pradyumna Kumar Satpathy
Chief Financial Officer
Nitesh Kumar
Compliance Officer, Company Secretary
Dinesh Kumar Raghubir Prasad Agarwal
Whole Time Director
Prem Prakash Agrawal
Additional Whole-time Director
Dindayal Jalan
Additional Whole-time Director
Nitin Mahavir Prasad Kandoi
Executive Director

Prices are delayed and for information only. Nothing on this page is investment advice.