Gallantt Ispat
- 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.
Compared with its industry
Iron & Steel Products: 148 companies →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 todayWeak 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.
- 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.
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- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| India Ratings | IND AA-; IND A1+ | Stable | 31 Mar 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 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 2026 | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 27 Jul 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 5 May 2026 | Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters |
| 4 Feb 2026 | Financial Results | GALLANTT : 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 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 3 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,063 | 1,177 | 1,160 | 943 | 1,118 | 1,072 | 1,128 | 1,013 | 1,074 | 1,205 | 1,146 | 1,146 |
| Expenses | 956 | 994 | 945 | 845 | 919 | 889 | 881 | 881 | 920 | 1,020 | 961 | 1,036 |
| Operating Profit | 107 | 184 | 215 | 98 | 199 | 183 | 247 | 132 | 154 | 184 | 185 | 110 |
| OPM % | 10% | 16% | 19% | 10% | 18% | 17% | 22% | 13% | 14% | 15% | 16% | 10% |
| Other Income | 1 | 3 | 1 | 2 | 1 | 12 | 7 | 13 | 15 | 25 | 18 | 18 |
| Interest | 8 | 8 | 6 | 5 | 5 | 5 | 6 | 9 | 13 | 14 | 8 | 9 |
| Depreciation | 29 | 34 | 30 | 30 | 29 | 31 | 32 | 33 | 32 | 34 | 30 | 36 |
| Profit before tax | 71 | 145 | 179 | 65 | 165 | 159 | 216 | 103 | 123 | 162 | 165 | 83 |
| Tax % | 26% | 34% | 32% | 25% | 31% | 27% | 20% | 15% | 18% | 24% | 25% | 27% |
| Net Profit | 52 | 95 | 122 | 49 | 114 | 116 | 174 | 89 | 100 | 123 | 124 | 61 |
| EPS in Rs | 2.15 | 3.95 | 5.05 | 2.03 | 4.71 | 4.82 | 7.2 | 3.69 | 4.16 | 5.09 | 5.13 | 2.51 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 21%
- 5 Years
- 34%
- 3 Years
- 3%
- TTM
- 6%
- 10 Years
- 27%
- 5 Years
- 43%
- 3 Years
- 51%
- TTM
- −17%
- 10 Years
- 27%
- 5 Years
- 49%
- 3 Years
- 86%
- TTM
- —
- 10 Years
- 12%
- 5 Years
- 12%
- 3 Years
- 14%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Gallantt Ispat | ₹ 541.00 | ₹ 13,117 Cr. | 32.1x | 4x | 16% | — |
| JSW Steel | ₹ 1,187.00 | ₹ 2,90,275 Cr. | 41.6x | 3x | — | 14.8% |
| Lloyds Metals And Energy | ₹ 1,780.40 | ₹ 1,00,195 Cr. | 27.8x | 7.6x | 36.2% | 22.4% |
| Jindal Steel | ₹ 1,012.00 | ₹ 1,04,634 Cr. | 25.9x | 2.1x | 6.9% | 6.3% |
| Jindal Stainless | ₹ 684.00 | ₹ 56,394 Cr. | 18.8x | 3.1x | 17.5% | 7.4% |
| Welspun Corp | ₹ 2,402.00 | ₹ 63,363 Cr. | 25.9x | 4.6x | 19.4% | 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.