Gallantt Ispat Ltd.
Incorporated in 2005,Gallantt Ispat Limited is a leading Iron and Steel manufacturing Company located in Eastern Uttar Pradesh. The Co is engaged in the business of Iron & Steel, Agro, Power and Real Estate. [1]
- Market Cap ₹ 14,221 Cr.
- Current Price ₹ 589
- High / Low ₹ 802 / 294
- Stock P/E 29.8
- Book Value ₹ 129
- Dividend Yield 0.21 %
- ROCE 19.2 %
- ROE 15.1 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 122% CAGR over last 5 years
- Promoter holding has increased by 0.90% over last quarter.
Cons
- Stock is trading at 4.58 times its book value
- Company has a low return on equity of 10.7% over last 3 years.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 669 | 720 | 670 | 616 | 824 | 1,064 | 865 | 2,105 | 3,017 | 4,057 | 4,227 | 4,293 | 4,286 | |
| 625 | 656 | 604 | 565 | 738 | 938 | 833 | 1,836 | 2,721 | 3,693 | 3,779 | 3,598 | 3,571 | |
| Operating Profit | 44 | 65 | 66 | 52 | 86 | 125 | 32 | 269 | 297 | 364 | 448 | 694 | 715 |
| OPM % | 7% | 9% | 10% | 8% | 10% | 12% | 4% | 13% | 10% | 9% | 11% | 16% | 17% |
| 1 | 1 | 3 | 1 | 5 | 5 | 1 | 9 | 53 | 3 | 7 | 16 | 47 | |
| Interest | 12 | 12 | 7 | 6 | 7 | 6 | 6 | 22 | 20 | 27 | 28 | 22 | 33 |
| Depreciation | 17 | 17 | 18 | 17 | 15 | 14 | 14 | 68 | 92 | 100 | 116 | 120 | 128 |
| Profit before tax | 16 | 37 | 44 | 30 | 69 | 110 | 13 | 189 | 237 | 240 | 311 | 568 | 601 |
| Tax % | 6% | 8% | 5% | 11% | 29% | 35% | 42% | 22% | 26% | 41% | 28% | 29% | |
| 15 | 34 | 42 | 27 | 49 | 72 | 7 | 148 | 176 | 141 | 225 | 401 | 478 | |
| EPS in Rs | 1.85 | 4.17 | 5.11 | 3.28 | 6.07 | 8.81 | 0.92 | 18.18 | 21.62 | 5.84 | 9.34 | 16.61 | 19.80 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 4% | 3% | 0% | 0% | 0% | 0% | 11% | 8% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 38% |
| 3 Years: | 12% |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 28% |
| 5 Years: | 122% |
| 3 Years: | 33% |
| TTM: | 26% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 37% |
| 5 Years: | 70% |
| 3 Years: | 115% |
| 1 Year: | 69% |
| Return on Equity | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 10% |
| 3 Years: | 11% |
| Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 81 | 81 | 81 | 81 | 81 | 81 | 81 | 81 | 81 | 241 | 241 | 241 | 241 |
| Reserves | 166 | 200 | 242 | 282 | 331 | 400 | 405 | 1,824 | 2,002 | 1,984 | 2,209 | 2,601 | 2,862 |
| 128 | 91 | 62 | 74 | 55 | 51 | 123 | 388 | 387 | 538 | 462 | 378 | 657 | |
| 60 | 52 | 59 | 31 | 94 | 31 | 54 | 147 | 219 | 186 | 223 | 328 | 341 | |
| Total Liabilities | 435 | 424 | 444 | 468 | 561 | 564 | 663 | 2,441 | 2,689 | 2,949 | 3,136 | 3,548 | 4,101 |
| 207 | 212 | 205 | 230 | 219 | 208 | 198 | 1,348 | 1,452 | 1,623 | 1,894 | 1,807 | 1,986 | |
| CWIP | 7 | 5 | 18 | 13 | 29 | 127 | 241 | 277 | 359 | 316 | 122 | 318 | 172 |
| Investments | 43 | 43 | 43 | 43 | 43 | 43 | 43 | 60 | 1 | 2 | 52 | 40 | 114 |
| 179 | 165 | 178 | 183 | 270 | 186 | 182 | 756 | 877 | 1,009 | 1,068 | 1,383 | 1,830 | |
| Total Assets | 435 | 424 | 444 | 468 | 561 | 564 | 663 | 2,441 | 2,689 | 2,949 | 3,136 | 3,548 | 4,101 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -43 | 70 | 56 | 31 | 109 | 43 | 41 | 173 | 234 | 96 | 344 | 579 | |
| -27 | -20 | -22 | -40 | -83 | -37 | -106 | -193 | -209 | -225 | -248 | -460 | |
| 57 | -48 | -36 | 7 | -24 | -9 | 65 | 10 | -19 | 126 | -102 | -114 | |
| Net Cash Flow | -13 | 2 | -1 | -2 | 2 | -3 | -0 | -10 | 6 | -3 | -5 | 5 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 23 | 12 | 17 | 20 | 22 | 13 | 10 | 23 | 19 | 12 | 9 | 8 |
| Inventory Days | 56 | 55 | 57 | 77 | 65 | 51 | 69 | 56 | 50 | 48 | 48 | 51 |
| Days Payable | 6 | 0 | 3 | 17 | 47 | 8 | 19 | 18 | 24 | 7 | 6 | 11 |
| Cash Conversion Cycle | 74 | 67 | 71 | 80 | 41 | 55 | 59 | 61 | 45 | 53 | 51 | 48 |
| Working Capital Days | 8 | 20 | 42 | 30 | 39 | 27 | 19 | 54 | 45 | 40 | 49 | 58 |
| ROCE % | 9% | 13% | 13% | 9% | 17% | 23% | 3% | 15% | 10% | 10% | 12% | 19% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
10h - Submission of newspaper cuttings publishing the unaudited financial results of the Company for the Quarter and Nine months ended 31st December, 2025.
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Results - Financial Results For The Period 31/12/2025
2d - Gallantt Ispat approved standalone and consolidated unaudited results for quarter and nine months ended 31-Dec-2025; limited review attached.
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Board Meeting Outcome for Outcome Of Board Meeting Approving The Financial Results For The Period 31.12.2025
2d - Approved standalone and consolidated results to Dec 31, 2025; nine-month revenue Rs 321,318 lakh
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Update on board meeting
19 Jan - Board meeting moved to Feb 4, 2026 to approve unaudited results; trading window closed until Feb 6, 2026.
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Board Meeting Intimation for Consideration And Approval Of Financial Results For The Period 31.12.2025
14 Jan - Board meeting Jan 21 to approve unaudited results for quarter and nine months ended 31 Dec 2025.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from nse
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Financial Year 2013
from bse
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Financial Year 2012
from nse
Concalls
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Dec 2024TranscriptAI SummaryPPT
Product Offerings
Sponge Iron
MS Billets
TMT Bars
Wheat Products: The food grain business of the Co includes wheat flour products like Atta, Maida, Suji and Bran. The products are sold under the brand name “Gallantt” in the states of Uttar Pradesh, Bihar, West Bengal, Assam, Madhya Pradesh, Andhra Pradesh and Karnataka.
Shalimar Gallantt: It is a group housing project located in Lucknow. It is developed as a JV with The Shalimar Group in Lucknow. [1]