Gallantt Metal Ltd

Gallantt Metal Limited is engaged in the business of production of iron, steel and power. The Company operates through two segments: Steel and Power.

Pros:
Company has reduced debt.
Company is virtually debt free.
Stock is trading at 1.04 times its book value
Company is expected to give good quarter
Promoter's stake has increased
Cons:
The company has delivered a poor growth of 4.45% over past five years.
Company has a low return on equity of 11.38% for last 3 years.
Dividend payout has been low at 1.37% of profits over last 3 years

Peer Comparison

Steel >> Steel - Medium / Small
Loading peers table ...

Quarterly Results Standalone Figures in Rs. Crores / View Consolidated

Dec 2015 Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018
153.16 174.22 164.83 135.67 137.49 178.94 191.98 177.72 184.78 272.52 277.99 255.62
136.71 155.73 153.01 122.58 123.61 165.40 171.44 162.18 168.01 234.46 230.76 216.78
Operating Profit 16.45 18.49 11.82 13.09 13.88 13.54 20.54 15.54 16.77 38.06 47.23 38.84
OPM % 10.74% 10.61% 7.17% 9.65% 10.10% 7.57% 10.70% 8.74% 9.08% 13.97% 16.99% 15.19%
Other Income 0.00 0.00 0.29 0.23 0.07 0.00 0.00 -0.05 0.00 0.00 0.00 1.52
Depreciation 4.49 4.21 4.13 4.17 4.12 4.43 3.93 3.95 3.84 3.24 3.68 3.44
Interest 1.91 1.68 1.29 0.93 1.49 2.58 1.57 1.44 1.76 1.79 1.69 1.53
Profit before tax 10.05 12.60 6.69 8.22 8.34 6.53 15.04 10.10 11.17 33.03 41.86 35.39
Tax 0.45 0.76 0.43 0.93 0.64 1.13 5.22 3.85 3.60 7.34 14.81 11.64
Net Profit 9.59 11.84 6.26 7.29 7.71 5.39 9.82 6.24 7.58 25.69 27.05 23.74

Profit & Loss Standalone Figures in Rs. Crores / View Consolidated

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 TTM
217 387 441 433 557 585 663 669 720 670 616 824 991
194 323 392 369 509 541 608 625 656 604 565 738 850
Operating Profit 23 64 49 64 48 44 55 44 65 66 52 86 141
OPM % 11% 17% 11% 15% 9% 8% 8% 7% 9% 10% 8% 10% 14%
Other Income 1 1 2 1 12 3 5 1 1 3 1 5 2
Interest 11 17 18 14 14 16 10 12 12 7 6 7 7
Depreciation 6 12 12 15 16 16 16 17 17 18 17 15 14
Profit before tax 8 37 20 36 30 15 33 16 37 44 30 69 121
Tax % 48% 16% 31% 34% 24% 5% 4% 6% 8% 5% 11% 29%
Net Profit 4 31 14 24 23 15 32 15 34 42 27 49 84
EPS in Rs 0.52 4.03 1.74 2.90 2.82 1.79 3.90 1.85 4.17 5.11 3.28 6.07
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 4%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:7.86%
5 Years:4.45%
3 Years:4.59%
TTM:44.42%
Compounded Profit Growth
10 Years:4.81%
5 Years:9.16%
3 Years:12.37%
TTM:188.27%
Return on Equity
10 Years:11.21%
5 Years:10.89%
3 Years:11.38%
TTM:12.73%

Balance Sheet Standalone Figures in Rs. Crores / View Consolidated

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Sep 2018
76 76 81 81 81 81 81 81 81 81 81 81 81
Reserves 3 34 58 82 105 119 151 166 200 242 282 331 379
Borrowings 168 160 151 161 119 117 58 128 91 62 74 55 48
37 61 63 61 71 75 122 60 52 60 60 122 57
Total Liabilities 285 331 354 385 377 392 413 436 425 445 497 589 566
197 207 229 226 215 204 193 207 212 205 230 219 212
CWIP 10 27 11 1 1 1 9 7 5 18 13 29 58
Investments 0 0 9 9 29 43 43 43 43 43 43 43 43
78 97 105 149 132 145 169 179 165 179 212 299 254
Total Assets 285 331 354 385 377 392 413 436 425 445 497 589 566

Cash Flows Standalone Figures in Rs. Crores / View Consolidated

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
26 60 43 28 47 25 84 -43 70 56 31 109
-74 -38 -26 -36 6 -2 -9 -27 -20 -22 -40 -83
39 -20 -17 5 -54 -19 -69 57 -48 -36 7 -24
Net Cash Flow -10 3 -0 -3 -1 4 6 -13 2 -1 -2 2