Gallantt Ispat Limited
NSE: GALLANTTIron & Steel Products
Share price
₹503.15
-2.22% close of 8 Oct 2026
Business score
How strong the business is, in one number. The parts behind it are in Pro.
59
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹12,126 Cr
P/E ratio
27.8
P/B ratio
3.7
ROCE
18.2%
ROE
15.6%
Dividend yield
0.4%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Sales grew 4.1% over the past year, and 15.1% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 7.9% to 14.7% over the last four years.
Whether it grew faster than its sector
It grew 15.1% a year against a sector median of 10.6% — 4.5 percentage points faster.
Room to re-rate, or risk of de-rating
At 27.8× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 30.3×, across 5 companies. It is against its own five-year median of 25.1×, the 61st percentile of its own range.
Whether growth justifies the valuation
Priced at 0.5 times its growth rate, on earnings growth of 51%.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Gallantt Ispat Limited — this one | 51%/yr | 27.8× | ₹0.55 |
| Welspun Corp Limited | 119%/yr | 30.3× | — |
| APL Apollo Tubes Limited | 23%/yr | 46.5× | ₹2.0 |
| Shyam Metalics and Energy Limited | 9%/yr | 26.4× | ₹2.9 |
| Ratnamani Metals & Tubes Limited | -1%/yr | 39.9× | — |
| Jindal Saw Limited | 14%/yr | 26.5× | ₹1.9 |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Iron & Steel Products), it ranks 19 of 70 on returns, 26 of 68 on growth, 16 of 70 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
A narrow advantage: it earns 18.2% on capital, ahead of 73% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
Yes — Over the last five years it made ₹1855 crore of cash from the business, spent ₹1174 crore on plant and equipment, and returned ₹12 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 131 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back more slowly than it used to: it went from being waiting 45 days for its cash to waiting 66 days for its cash.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
8 of 9 checks clear · 89%
Latest result
What the last results showed. Whether management kept its word is in Pro.
Results are expected soon.
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹12,126 Cr
- Prev close
- ₹503.15
- 52w High
- ₹948
- 52w Low
- ₹496
- Enterprise value
- ₹12,174 Cr
- Beta
- 1.4
- Price CAGR 1y
- -21.0%
- Price CAGR 3y
- 81.0%
- Price CAGR 5y
- 47.0%
- Price CAGR 10y
- 27.0%
Ratios
- Return on assets
- 11.3%
- PEG ratio
- 0.5
- P/E ratio
- 27.8
- P/B ratio
- 3.7
- EV / EBITDA
- 17.7
- Industry P/E
- 24.9
- ROCE
- 18.2%
- ROCE 5y average
- 15.0%
- ROE
- 15.6%
- Debt / Equity
- 0.2
- Interest coverage
- 15.4
- Dividend yield
- 0.4%
- ROE 3y average
- 14.0%
- ROE last year
- 16.0%
Annual P&L
- Annual revenue
- ₹4,419 Cr
- Annual profit
- ₹484 Cr
- Operating margin
- 16.0%
- Net profit margin
- 11.0%
- EBITDA margin
- 16.2%
- Sales growth 3y
- 2.9%
- Sales growth 5y
- 34.4%
- Profit growth 3y
- 51.0%
- Profit growth 5y
- 43.0%
- EPS
- ₹20.1
- Sales growth TTM
- 4.0%
- Profit growth TTM
- -4.0%
- Dividend payout
- 10.0%
Quarter P&L
- Sales latest quarter
- ₹1,146 Cr
- Profit latest quarter
- ₹124 Cr
- YoY quarterly sales growth
- 1.6%
- YoY quarterly profit growth
- -28.7%
- OPM latest quarter
- 16.2%
Balance Sheet
- Book Value
- ₹138
- Face Value
- ₹10.0
- Total debt
- ₹548 Cr
- Total cash
- ₹503 Cr
- Borrowings
- ₹548 Cr
- Reserves / Equity
- 12.8
Cash Flow
- Operating cash flow
- ₹602 Cr
- Free cash flow
- ₹364 Cr
- FCF yield
- 2.7%
- Net cash flow
- ₹96 Cr
Shareholding
- Promoter holding
- 70.0%
- FII holding
- 0.0%
- DII holding
- 0.1%
- Public holding
- 29.9%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| Welspun Corp | 2,704.60 | 30.9 | 71,345 | 0.18 | 1,047.9 | 198.6 | 4,081.1 | 14.9 | 22.9 |
| APL Apollo Tubes | 2,135.00 | 48.2 | 59,280 | 0.40 | 263.1 | 10.9 | 5,606.7 | 8.4 | 31.8 |
| Shyam Metalics | 1,067.30 | 26.5 | 29,792 | 0.42 | 350.7 | 18.1 | 5,455.1 | 23.4 | 13.0 |
| Jindal Saw | 281.90 | 27.6 | 18,028 | 0.71 | 90.8 | -75.4 | 4,452.3 | 9.0 | 10.4 |
| Ratnamani Metals | 2,524.30 | 40.3 | 17,693 | 0.40 | 107.0 | -37.7 | 971.6 | -15.6 | 17.9 |
| Usha Martin | 520.25 | 29.1 | 15,854 | 0.72 | 142.0 | 40.7 | 1,033.0 | 16.4 | 19.5 |
| Godawari Power | 214.31 | 17.6 | 14,428 | 0.47 | 222.4 | 2.7 | 1,750.5 | 32.3 | 20.5 |
| Gallantt Ispat L | 514.55 | 28.5 | 12,415 | 0.39 | 123.7 | -28.8 | 1,145.7 | 1.6 | 18.2 |
| Median | 170.72 | 23.4 | 1,022 | 0.00 | 14.3 | 28.3 | 213.2 | 16.6 | 13.0 |
Competes with: APL Apollo Tubes Limited, Aeroflex Enterprises Limited, Aeroflex Industries Limited, Bansal Wire Industries Limited, Bedmutha Industries Limited, Beekay Steel Industries Limited, Bharat Wire Ropes Limited, D P Wires Limited, Electrosteel Castings Limited, Electrotherm (India) Limited, Gandhi Special Tubes Limited, Geekay Wires Limited, Godawari Power And Ispat limited, Goodluck India Limited, Hariom Pipe Industries Limited, Hi-Tech Pipes Limited, Hisar Metal Industries Limited, INCREDIBLE INDUSTRIES LIMITED, JTL INDUSTRIES LIMITED, Jayaswal Neco Industries Limited, Jindal Saw Limited, Kalyani Steels Limited, Kamdhenu Limited, Kirloskar Industries Limited, Kritika Wires Limited, MSP Steel & Power Limited, Mahamaya Steel Industries Limited, Maharashtra Seamless Limited, Man Industries (India) Limited, Manaksia Coated Metals & Industries Limited, Manaksia Limited, Mukand Limited, Prakash Steelage Limited, Rajputana Stainless Limited, Rama Steel Tubes Limited, Ratnamani Metals & Tubes Limited, Ratnaveer Precision Engineering Limited, Rhetan TMT Limited, Rudra Global Infra Products Limited, STEEL EXCHANGE INDIA LIMITED, Sambhv Steel Tubes Limited, Sarthak Metals Limited, Scoda Tubes Limited, Shah Alloys Limited, Shah Metacorp Limited, Shivalik Bimetal Controls Limited, Shri Bajrang Alliance Limited, Shyam Metalics and Energy Limited, Sunflag Iron And Steel Company Limited, Suraj Limited, Surya Roshni Limited, Technocraft Industries (India) Limited, Tembo Global Industries Limited, Usha Martin Limited, VMS TMT Limited, Vardhman Special Steels Limited, Venus Pipes & Tubes Limited, Vibhor Steel Tubes Limited, Welspun Corp Limited, Welspun Specialty Solutions Limited, Zenith Steel Pipes & Industries Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,036 | 950 | 1,063 | 1,177 | 1,160 | 943 | 1,118 | 1,072 | 1,128 | 1,013 | 1,074 | 1,205 | 1,146 |
| Expenses | 966 | 863 | 956 | 994 | 945 | 845 | 919 | 889 | 881 | 881 | 920 | 1,020 | 961 |
| Material Cost | 702 | 800 | 730 | 782 | 868 | 882 | |||||||
| Change in Inventories | 21 | -46 | 20 | 6.08 | -9.84 | -59 | |||||||
| Purchases of Stock-in-Trade | 28 | 17 | 5.10 | 9.71 | 7.56 | 8.78 | |||||||
| Employee Cost | 32 | 31 | 34 | 33 | 42 | 39 | |||||||
| Other Expenses | 105 | 78 | 93 | 89 | 113 | 90 | |||||||
| Operating Profit | 71 | 86 | 107 | 184 | 215 | 98 | 199 | 183 | 247 | 132 | 154 | 184 | 185 |
| OPM % | 6.82 | 9.10 | 10 | 16 | 19 | 10 | 18 | 17 | 22 | 13 | 14 | 15 | 16 |
| Other Income | 1 | 2 | 1 | 3 | 1 | 2 | 1 | 12 | 7 | 13 | 15 | 25 | 18 |
| Exceptional items (within Other Income) | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Interest | 6 | 7 | 8 | 8 | 6 | 5 | 5 | 5 | 6 | 9 | 13 | 14 | 8 |
| Depreciation | 25 | 28 | 29 | 34 | 30 | 30 | 29 | 31 | 32 | 33 | 32 | 34 | 30 |
| Profit before tax | 41 | 54 | 71 | 145 | 179 | 65 | 165 | 159 | 216 | 103 | 123 | 162 | 165 |
| Tax % | 25 | 13 | 26 | 34 | 32 | 25 | 31 | 27 | 20 | 15 | 18 | 24 | 25 |
| Net Profit | 31 | 47 | 52 | 95 | 122 | 49 | 114 | 116 | 174 | 89 | 100 | 123 | 124 |
| EPS in Rs | 1.27 | 1.96 | 2.15 | 3.95 | 5.05 | 2.03 | 4.71 | 4.82 | 7.20 | 3.69 | 4.16 | 5.09 | 5.13 |
| Diluted EPS in Rs | 4.82 | 7.20 | 3.62 | 4.16 | 5.09 | 5.13 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 720 | 670 | 616 | 824 | 1,064 | 865 | 1,007 | 3,017 | 4,057 | 4,227 | 4,293 | 4,419 | 4,437 |
| Expenses | 656 | 604 | 565 | 738 | 938 | 833 | 896 | 2,721 | 3,693 | 3,779 | 3,598 | 3,702 | 3,782 |
| Material Cost | 3,051 | 3,181 | |||||||||||
| Change in Inventories | 2.30 | -30 | |||||||||||
| Purchases of Stock-in-Trade | 58 | 40 | |||||||||||
| Employee Cost | 120 | 140 | |||||||||||
| Other Expenses | 366 | 372 | |||||||||||
| Operating Profit | 65 | 66 | 52 | 86 | 125 | 32 | 111 | 296 | 364 | 448 | 694 | 717 | 655 |
| OPM % | 9 | 10 | 8 | 10 | 12 | 3.70 | 11 | 10 | 9 | 11 | 16 | 16 | 15 |
| Other Income | 1 | 3 | 1 | 5 | 5 | 1 | 2 | 54 | 3 | 7 | 16 | 59 | 71 |
| Exceptional items (within Other Income) | 0 | 0 | |||||||||||
| Interest | 12 | 7 | 6 | 7 | 6 | 6 | 10 | 20 | 27 | 28 | 22 | 42 | 44 |
| Depreciation | 17 | 18 | 17 | 15 | 14 | 14 | 16 | 92 | 100 | 116 | 120 | 130 | 129 |
| Profit before tax | 37 | 44 | 30 | 69 | 110 | 13 | 88 | 237 | 240 | 311 | 568 | 604 | 552 |
| 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 | 436 |
| EPS in Rs | 4.17 | 5.62 | 4.65 | 7.71 | 13 | 2.76 | 10 | 22 | 5.84 | 9.34 | 17 | 20 | 18 |
| Diluted EPS in Rs | 17 | 20 | |||||||||||
| Dividend Payout % | 0 | 0 | 0 | 3 | 2 | 0 | 0 | 0 | 0 | 11 | 8 | 10 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- 21%
- 5 years
- 34%
- 3 years
- 3%
- TTM
- 4%
Compounded profit growth
- 10 years
- 27%
- 5 years
- 43%
- 3 years
- 51%
- TTM
- -4%
Stock price CAGR
- 10 years
- 27%
- 5 years
- 47%
- 3 years
- 81%
- 1 year
- -21%
Return on equity
- 10 years
- 12%
- 5 years
- 12%
- 3 years
- 14%
- Last year
- 16%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | 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 |
| Minority Interest | 0 | |||||||||||
| 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 flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 70 | 56 | 42 | 122 | 76 | 57 | 92 | 234 | 96 | 344 | 579 | 602 |
| Cash from Investing Activity | -20 | -22 | -52 | -97 | -69 | -122 | -75 | -209 | -225 | -248 | -460 | -627 |
| Cash from Financing Activity | -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 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | 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 | 66 |
| ROCE % | 13 | 8 | 14 | 18 | 3 | 12 | 16 | 10 | 12 | 19 | 18 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
guarantees / comfort given for promoter, promoter group, directors and KMP
100cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
3.77cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
300cr
2026-03-31
FY revenue / permanent employees + workers, same basis (calc)
1,04,17,072inr
2026-03-31
News
News and filings about Gallantt Ispat Limited. Open one to see why it matters.
No recent news for this company.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
- APL Apollo Tubes Limited
- Aeroflex Enterprises Limited
- Aeroflex Industries Limited
- Bansal Wire Industries Limited
- Bedmutha Industries Limited
- Beekay Steel Industries Limited
- Bharat Wire Ropes Limited
- D P Wires Limited
- Electrosteel Castings Limited
- Electrotherm (India) Limited
- Gandhi Special Tubes Limited
- Geekay Wires Limited
- Godawari Power And Ispat limited
- Goodluck India Limited
- Hariom Pipe Industries Limited
- Hi-Tech Pipes Limited
- Hisar Metal Industries Limited
- INCREDIBLE INDUSTRIES LIMITED
- JTL INDUSTRIES LIMITED
- Jayaswal Neco Industries Limited
- Jindal Saw Limited
- Kalyani Steels Limited
- Kamdhenu Limited
- Kirloskar Industries Limited
- Kritika Wires Limited
- MSP Steel & Power Limited
- Mahamaya Steel Industries Limited
- Maharashtra Seamless Limited
- Man Industries (India) Limited
- Manaksia Coated Metals & Industries Limited
Uses as raw material
- Iron ore / iron ore pellets
- MS scrap / dolochar and recycled ferrous inputs
- Non-coking / steam coal (DRI + captive power)
- Sponge iron / DRI
- Wheat (food-grain for flour milling)
Depends on the price of
- Iron Ore
- coal
- steel
- wheat
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Capital Goods
- Industry
- Iron & Steel Products
- Classification
- Capital Goods › Iron & Steel Products
- ISIN
- INE297H01019
Plants
- Gallantt Gorakhpur integrated steel plant
- Gallantt Samakhiali (Kutch) integrated steel plant
- Gallantt flour / agro (food-grain) unit
News impact
Big market events that reach Gallantt Ispat Limited, and how the effect spreads.
No recent market events reach this company.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 23 Sep 2026 | unspecified | ₹2 |
|---|---|---|
| 12 Sep 2025 | unspecified | ₹1.25 |
| 23 Sep 2024 | unspecified | ₹1 |
| 18 Sep 2019 | unspecified | ₹0.25 |
| 18 Sep 2018 | unspecified | ₹0.25 |
Splits, bonuses & buybacks
- daily-prices repair: 8 rows from NSE's archive (replace 1, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016
Insider trades
| Disclosed | Who | Type | Shares | Value ₹ Cr |
|---|---|---|---|---|
| 20 Sep 2026 | Smriti Agrawal · Promoter Group | BUY | 23,01,300 | — |
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Earnings call · Q1FY2728 Jul 2026
- Results presentation30 Jun 2026
- Annual report · 2024-254 Sep 2025
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.