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 ₹ 6,048 Cr.
- Current Price ₹ 251
- High / Low ₹ 253 / 46.0
- Stock P/E 30.6
- Book Value ₹ 95.5
- Dividend Yield 0.00 %
- ROCE 10.2 %
- ROE 6.54 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 23.4% CAGR over last 5 years
Cons
- Stock is trading at 2.63 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.56% 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.
Peer comparison
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
585 | 663 | 669 | 720 | 670 | 616 | 824 | 1,064 | 865 | 2,105 | 3,017 | 4,035 | 4,125 | |
541 | 608 | 625 | 656 | 604 | 565 | 738 | 938 | 833 | 1,836 | 2,721 | 3,693 | 3,755 | |
Operating Profit | 44 | 55 | 44 | 65 | 66 | 52 | 86 | 125 | 32 | 269 | 297 | 342 | 369 |
OPM % | 8% | 8% | 7% | 9% | 10% | 8% | 10% | 12% | 4% | 13% | 10% | 8% | 9% |
3 | 5 | 1 | 1 | 3 | 1 | 5 | 5 | 1 | 9 | 53 | 25 | 24 | |
Interest | 16 | 10 | 12 | 12 | 7 | 6 | 7 | 6 | 6 | 22 | 20 | 27 | 29 |
Depreciation | 16 | 16 | 17 | 17 | 18 | 17 | 15 | 14 | 14 | 68 | 92 | 100 | 106 |
Profit before tax | 15 | 33 | 16 | 37 | 44 | 30 | 69 | 110 | 13 | 189 | 237 | 240 | 258 |
Tax % | 5% | 4% | 6% | 8% | 5% | 11% | 29% | 35% | 42% | 22% | 26% | 41% | |
15 | 32 | 15 | 34 | 42 | 27 | 49 | 72 | 7 | 148 | 176 | 141 | 198 | |
EPS in Rs | 1.79 | 3.90 | 1.85 | 4.17 | 5.11 | 3.28 | 6.07 | 8.81 | 0.92 | 18.18 | 21.62 | 5.84 | 8.19 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 4% | 3% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 20% |
5 Years: | 37% |
3 Years: | 67% |
TTM: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | 16% |
5 Years: | 23% |
3 Years: | 166% |
TTM: | 22% |
Stock Price CAGR | |
---|---|
10 Years: | 29% |
5 Years: | 39% |
3 Years: | 73% |
1 Year: | 306% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 9% |
3 Years: | 9% |
Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 81 | 81 | 81 | 81 | 81 | 81 | 81 | 81 | 81 | 81 | 81 | 241 | 241 |
Reserves | 119 | 151 | 166 | 200 | 242 | 282 | 331 | 400 | 405 | 1,824 | 2,002 | 1,984 | 2,062 |
117 | 58 | 128 | 91 | 62 | 74 | 55 | 51 | 123 | 388 | 387 | 538 | 490 | |
75 | 122 | 60 | 52 | 59 | 31 | 94 | 31 | 54 | 147 | 219 | 186 | 277 | |
Total Liabilities | 392 | 413 | 435 | 424 | 444 | 468 | 561 | 564 | 663 | 2,441 | 2,689 | 2,949 | 3,070 |
204 | 193 | 207 | 212 | 205 | 230 | 219 | 208 | 198 | 1,348 | 1,452 | 1,623 | 1,892 | |
CWIP | 1 | 9 | 7 | 5 | 18 | 13 | 29 | 127 | 241 | 277 | 359 | 316 | 79 |
Investments | 43 | 43 | 43 | 43 | 43 | 43 | 43 | 43 | 43 | 60 | 1 | 2 | 18 |
145 | 169 | 179 | 165 | 178 | 183 | 270 | 186 | 182 | 756 | 877 | 1,009 | 1,082 | |
Total Assets | 392 | 413 | 435 | 424 | 444 | 468 | 561 | 564 | 663 | 2,441 | 2,689 | 2,949 | 3,070 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
25 | 84 | -43 | 70 | 56 | 31 | 109 | 43 | 41 | 173 | 234 | 96 | |
-2 | -9 | -27 | -20 | -22 | -40 | -83 | -37 | -106 | -193 | -209 | -225 | |
-19 | -69 | 57 | -48 | -36 | 7 | -24 | -9 | 65 | 10 | -19 | 126 | |
Net Cash Flow | 4 | 6 | -13 | 2 | -1 | -2 | 2 | -3 | -0 | -10 | 6 | -3 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 21 | 16 | 23 | 12 | 17 | 20 | 22 | 13 | 10 | 23 | 19 | 12 |
Inventory Days | 46 | 53 | 56 | 55 | 57 | 77 | 65 | 51 | 69 | 56 | 50 | 48 |
Days Payable | 24 | 50 | 6 | 0 | 3 | 17 | 47 | 8 | 19 | 18 | 24 | 7 |
Cash Conversion Cycle | 43 | 20 | 74 | 67 | 71 | 80 | 41 | 55 | 59 | 61 | 45 | 53 |
Working Capital Days | 35 | 21 | 65 | 66 | 76 | 74 | 63 | 45 | 35 | 105 | 80 | 80 |
ROCE % | 10% | 14% | 9% | 13% | 13% | 9% | 17% | 23% | 3% | 15% | 10% | 10% |
Documents
Announcements
- Compliances - Certificate From PCS Under Regulation 40(9) Of The SEBI (LODR) Regulations, 2015 For The Period Ended 31St March, 2024 15 Apr
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Compliances - Compliance Certificate For The Period Ended 31St March, 2024
15 Apr - Submission of Certificate under Regulation 7(3) of the SEBI (LODR) Regulations, 2015 for the financial year ended 31st March, 2024.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Apr - Submission of Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended 31st March, 2024 as received from the Registrar and Share …
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Announcement under Regulation 30 (LODR)-Change in Directorate
30 Mar - Regarding completion of tenure of Mr. Jyotirindra Nath Dey as an Independent Director of the Company.
- Board Meeting Outcome for OUTCOME OF BOARD MEETING HELD ON 30.03.2024 30 Mar
Annual reports
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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
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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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 being developed as a JV with The Shalimar Group in Lucknow. [1]