Gallantt Metal Ltd

About [ edit ]

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

  • Market Cap 483 Cr.
  • Current Price 59.4
  • High / Low 64.0 / 22.2
  • Stock P/E 9.49
  • Book Value 81.9
  • Dividend Yield 0.00 %
  • ROCE 2.63 %
  • ROE 3.47 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.73 times its book value

Cons

  • The company has delivered a poor sales growth of 3.73% over past five years.
  • Company has a low return on equity of 11.12% for last 3 years.
  • Dividend payout has been low at 1.73% of profits over last 3 years

Peer comparison

Sector: Steel Industry: Steel - Medium / Small

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
278 256 264 266 248 186 224 207 127 218 307
231 217 245 246 233 189 217 194 122 204 266
Operating Profit 47 39 19 20 15 -3 7 14 5 14 41
OPM % 17% 15% 7% 8% 6% -2% 3% 7% 4% 6% 13%
Other Income 0 2 1 2 0 0 0 0 0 1 1
Interest 2 2 1 2 1 2 2 1 1 4 3
Depreciation 4 3 3 4 4 4 4 3 3 3 4
Profit before tax 42 35 16 17 10 -9 1 10 0 8 36
Tax % 35% 33% 34% 38% 34% 121% 74% 114% 144% 44% 34%
Net Profit 37 32 18 17 13 1 1 7 4 7 32
EPS in Rs 4.59 3.90 2.26 2.07 1.62 0.10 0.13 0.91 0.50 0.85 3.99

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
720 670 616 824 1,064 865 859
656 604 565 738 939 833 786
Operating Profit 65 66 52 86 125 32 73
OPM % 9% 10% 8% 10% 12% 4% 9%
Other Income 1 3 1 5 5 1 2
Interest 12 7 6 7 6 6 8
Depreciation 17 18 17 15 14 14 14
Profit before tax 37 44 30 69 110 13 54
Tax % 8% 5% 11% 29% 35% 42%
Net Profit 34 46 38 63 104 22 51
EPS in Rs 4.17 5.62 4.65 7.71 12.83 2.76 6.25
Dividend Payout % 0% 0% 0% 3% 2% 0%
Compounded Sales Growth
10 Years:%
5 Years:4%
3 Years:12%
TTM:-7%
Compounded Profit Growth
10 Years:%
5 Years:-8%
3 Years:-16%
TTM:60%
Stock Price CAGR
10 Years:13%
5 Years:15%
3 Years:11%
1 Year:159%
Return on Equity
10 Years:%
5 Years:11%
3 Years:11%
Last Year:3%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
81 81 81 81 81 81 81
Reserves 200 289 340 452 554 574 585
Borrowings 91 62 74 56 51 123 80
52 59 31 94 31 54 59
Total Liabilities 424 492 527 683 718 832 805
212 205 230 219 208 198 192
CWIP 5 18 13 29 127 241 260
Investments 43 90 101 164 196 211 218
165 178 183 271 186 182 134
Total Assets 424 492 527 683 718 832 805

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
70 56 42 122 76 57
-20 -22 -52 -97 -69 -122
-48 -36 7 -23 -10 65
Net Cash Flow 2 -1 -2 2 -3 -0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 13% 8% 14% 18% 3%
Debtor Days 12 17 20 22 13 10
Inventory Turnover 6.43 5.52 6.18 7.53 6.05

Shareholding Pattern

Numbers in percentages

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
65.74 65.74 65.74 67.25 67.25 67.25 67.23 67.23 67.23 67.23 67.23 67.22
0.00 0.01 0.02 0.02 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.00 0.00 0.00 0.00 0.00
34.26 34.25 34.24 32.73 32.73 32.75 32.75 32.77 32.77 32.77 32.77 32.78

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