MarketFriction

Gallantt Ispat Ltd.

NSE GALLANTT · BSE 532726 · Iron & Steel Products
₹530.15 -1.37%
NSE close2026-10-01
52 week range496.25 - 948.00
Market cap₹13,007 Cr.
P/E29.8
Nifty 500Nifty Smallcap 100Smallcap 250 Price band 10% Delivery 52.2%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales9501,0631,1771,1609431,1181,0721,1281,0131,0741,2051,146
Expenses8639569949458459198898818819201,020961
Operating Profit8610718421598199183247132154184185
OPM %9%10%16%19%10%18%17%22%13%14%15%16%
Other Income21312112713152518
Interest78865556913148
Depreciation282934303029313233323430
Profit before tax547114517965165159216103123162165
Tax %13%26%34%32%25%31%27%20%15%18%24%25%
Net Profit4752951224911411617489100123124
EPS in Rs1.962.153.955.052.034.714.827.203.694.165.095.13
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales6706168241,0648651,0073,0174,0574,2274,2934,4194,437
Expenses6045657389388338962,7213,6933,7793,5983,7023,782
Operating Profit66528612532111296364448694717655
OPM %10%8%10%12%3.7%11%10%9%11%16%16%15%
Other Income3155125437165971
Interest7676610202728224244
Depreciation18171514141692100116120130129
Profit before tax4430691101388237240311568604552
Tax %5%11%29%35%42%35%26%41%28%29%20%
Net Profit4638631042281176141225401484436
EPS in Rs5.624.657.7112.832.7610.0121.625.849.3416.6120.0718.07
Dividend Payout %0%0%3%2%0%0%0%0%11%8%10%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth21%34%3%4%
Compounded Profit Growth27%43%51%-4%
Stock Price CAGR29%48%82%-18%
Return on Equity12%12%14%16%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital8181818181818181241241241241
Reserves2002893404525545746562,0021,9842,2092,6013,075
Borrowings9162745651123114387538462378548
Other Liabilities52593194315479219186223328406
Total Liabilities4244925276837188329302,6892,9493,1363,5484,270
Fixed Assets2122052302192081984631,4521,6231,8941,8071,856
CWIP51813291272415359316122318349
Investments439010116419621123612524025
Other Assets1651781832711861822268761,0091,0681,3832,040
Total Assets4244925276837188329302,6892,9493,1363,5484,270
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity70564212276579223496344579602
Cash from Investing Activity-20-22-52-97-69-122-75-209-225-248-460-627
Cash from Financing Activity-48-367-23-1065-17-19126-102-114121
Net Cash Flow2-1-22-3-016-3-5596
Free Cash Flow4832696-33-5046-39-132151337364
CFO/OP120%100%94%158%80%187%97%93%38%89%98%102%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1217202213101819129815
Inventory Days555777655169665048485163
Days Payable0317478191824761120
Cash Conversion Cycle677180415559664553514858
Working Capital Days204222382719114540495866
ROCE %13%8%14%18%3%12%16%10%12%19%18%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters68.94%68.94%68.93%68.93%68.93%68.93%68.93%68.93%68.93%69.83%70.00%70.03%
FIIs0.00%0.01%0.02%0.16%0.09%0.07%0.04%0.05%0.19%0.15%0.09%0.02%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.06%0.05%0.08%0.08%
Public31.05%31.04%31.02%30.89%30.96%30.97%31.01%31.00%30.81%29.95%29.82%29.85%
No. of Shareholders20,35620,73120,88419,53618,98018,28617,78919,88521,37222,43521,18129,986

Fundamentals

Market Cap₹ 13,007 Cr.
Current Price₹ 539
Stock P/E29.8
Book Value₹ 137
ROCE18.2 %
ROE15.6 %
Dividend Yield0.37 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)4%
Compounded Profit Growth (TTM)-4%
Consolidated figures.
Valuation
Market capRs 12,792 Cr
Enterprise valueRs 12,836 Cr
P/E (TTM)29.35x
Price to book3.86x
Price to sales2.88x
EV / EBITDA17.69x
EV / EBIT21.50x
EV / sales2.89x
Price to cash flow21.24x
Earnings yield3.41%
Dividend yield0.38%
P/E, 3-year average23.62x
P/B, 3-year average3.04x
P/E, 5-year average20.09x
P/B, 5-year average2.43x
Profitability
Operating margin (excl. other income)16.22%
Operating margin (incl. other income)17.56%
EBITDA margin16.36%
Pre-tax margin12.45%
Net profit margin9.82%
Net margin, latest quarter10.79%
ROE15.73%
ROCE18.23%
ROA12.39%
ROE, 3-year average13.50%
ROCE, 3-year average16.48%
ROA, 3-year average10.60%
ROE, 5-year average11.90%
ROCE, 5-year average15.03%
ROA, 5-year average9.30%
ROIC (approx.)14.24%
Tax rate19.83%
Other income / net worth1.79%
Growth
Sales growth (latest year)2.94%
Profit growth (latest year)20.84%
Sales CAGR, 3 years2.89%
Sales CAGR, 5 years34.42%
Profit CAGR, 3 years50.91%
Profit CAGR, 5 years42.85%
Sales growth QoQ-4.91%
Profit growth QoQ0.68%
Sales growth YoY (latest quarter)1.59%
Profit growth YoY (latest quarter)-28.84%
Per share
EPS (TTM)Rs 18.06
EPS (latest year)Rs 20.07
EPS (latest quarter)Rs 5.13
EPS, 3-year averageRs 15.34
EPS, 5-year averageRs 12.96
Book value per shareRs 137.44
Sales per shareRs 183.89
Cash flow per shareRs 24.96
Free cash flow per shareRs 15.09
Dividend per share (latest year)Rs 2.00
Dividend per share, 3-year averageRs 1.42
Dividend per share, 5-year averageRs 1.42
Dividends
Dividend payout9.97%
Dividend payout, 3-year average9.40%
Dividend payout, 5-year average9.40%
Efficiency
Asset turnover1.03x
Fixed asset turnover2.38x
Inventory turnover6.23x
Inventory days59 days
Debtor days15 days
Debtors turnover24.88x
Creditor days20 days
Cash conversion cycle58 days
Working capital days66 days
Leverage
Total debtRs 548 Cr
Cash and bankRs 503 Cr
Net debtRs 45 Cr
Debt to equity0.17x
Net debt / EBITDA0.06x
Interest coverage13.42x
Current ratio (filing 2026-03-31)2.95x
Quick ratio (filing 2026-03-31)2.14x
Trade payables (filing 2026-03-31)Rs 172 Cr
Owners' fund to total sources77.67%
Debt to assets12.83%
Cash flow
Cash from Operating Activity (latest year)Rs 602 Cr
Cash from Investing Activity (latest year)Rs -627 Cr
Cash from Financing Activity (latest year)Rs 121 Cr
Net Cash Flow (latest year)Rs 96 Cr
Free cash flow (latest year)Rs 364 Cr
FCFE (approx.: FCF + change in debt)Rs 534 Cr
Cash from ops / profit, 5 years1.30x
Sales to cash flow7.34x
Statement figures
Net sales (TTM)Rs 4,437 Cr
Net sales (latest year)Rs 4,419 Cr
Sales (latest quarter)Rs 1,146 Cr
Operating profit excl. other income (latest year)Rs 717 Cr
Operating profit (latest quarter)Rs 185 Cr
Other income (TTM)Rs 71 Cr
EBITDA (TTM)Rs 726 Cr
PBDT (TTM)Rs 681 Cr
Profit before tax (TTM)Rs 552 Cr
Tax (latest year)Rs 120 Cr
Net profit (TTM)Rs 436 Cr
Net profit (latest year)Rs 484 Cr
Net profit (latest quarter)Rs 124 Cr
Depreciation (TTM)Rs 129 Cr
Depreciation (latest quarter)Rs 30 Cr
Interest (TTM)Rs 44 Cr
Cost of goods sold (latest year)Rs 3,429 Cr
Total expenditure (latest year)Rs 3,702 Cr
Total income (latest year)Rs 4,478 Cr
Share capitalRs 241 Cr
ReservesRs 3,075 Cr
Shareholders' fundsRs 3,316 Cr
Total assetsRs 4,270 Cr
Net blockRs 1,856 Cr
Capital work in progressRs 349 Cr
InvestmentsRs 25 Cr
ReceivablesRs 178 Cr
InventoryRs 551 Cr
Other liabilitiesRs 406 Cr
Shares outstanding (crore)24.13
Ownership
Promoter holding70.03% (+1.10 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 29.4 is at the 66th percentile of its own 9.3-year range (median 23.3, low 4.5, high 64.8).
P/B 3.86 is at the 83th percentile (median 2.19).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodGALLANTTNifty 50Difference
1 week-2.8%-2.8% +0.0 pts
1 month-4.1%-6.8% +2.7 pts
3 months-23.0%-7.6% -15.4 pts
6 months-3.4%+0.4% -3.8 pts
1 year-20.0%-9.9% -10.1 pts
2 years+37.3%-13.6% +50.8 pts
3 years+493.7%+14.2% +479.5 pts
5 years+597.6%+27.9% +569.7 pts
29 mutual fund schemes hold about ₹9 Cr. Over three months 3 bought more and 1 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Nippon India Nifty Smallcap 250 Index Fund0.08%3 +3%
SBI Nifty Smallcap 250 Index Fund0.08%1 +2%
Motilal Oswal Nifty Smallcap 250 Index Fund0.08%1 +2%
Nippon India Nifty 500 Equal Weight Index Fund0.16%1 +10%
ICICI Pru Nifty Smallcap 250 Index Fund0.08%1 +3%
HDFC NIFTY Smallcap 250 Index Fund0.08%1 +3%
JioBlackRock Nifty Smallcap 250 Index Fund0.08%0 +3%
Motilal Oswal Nifty 500 Index Fund0.01%0 +4%
Edelweiss Nifty Smallcap 250 Index Fund0.08%0 +3%
Groww Nifty Smallcap 250 Index Fund0.08%0 +2%
HDFC Nifty500 Multicap 50:25:25 Index Fund0.02%0 +3%
Bandhan Nifty Smallcap 250 Index Fund0.08%0 +3%
Kotak Nifty Smallcap 250 Index Fund0.08%0 +3%
SBI Nifty 500 Index Fund0.01%0 +4%
Groww Nifty Total Market Index Fund0.01%0 +4%
Axis Nifty 500 Index Fund0.01%0 +4%
HDFC BSE 500 Index Fund0.01%0 +4%
UTI Nifty500 Shariah Index Fund0.03%0 -4%
ICICI Pru Nifty 500 Index Fund0.01%0 +4%
UTI Nifty 500 Index Fund0.01%0 +100%
DSP Nifty Smallcap 250 Index Fund0.08%0 +2%
Zerodha Nifty MidSmallcap400 50:50 Index Fund0.04%0 -9%
Navi Nifty 500 Multicap 50:25:25 Index Fund0.02%0 +3%
DSP Nifty 500 Index Fund0.01%0 +6%
Angel One Nifty Total Market Index Fund0.01%0 +4%

Red flags

F-score 6 of 8
lookAuditor change Auditor change 2026-07-27: Gallantt Ispat Limited has informed the Exchange regarding Change in Auditors of the company.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2026-09-18Smriti AgrawalPromoter groupbuy2,301,300SAST Others
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹1,146 Cr +1.6% vs Jun 2025. Net profit ₹124 Cr -28.7%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-23Dividend - Rs 2 Per Share
2025-09-12Dividend - Rs 1.25 Per Share
2024-09-23Dividend - Re 1 Per Share
2023-09-22Annual General Meeting
2022-09-21Annual General Meeting
2021-08-23 Annual General Meeting
2020-09-02 Annual General Meeting
2019-09-18 Annual General Meeting/Dividend - Rs 0.25 Per Sh
2018-09-18 Annual General Meeting/Dividend Re 0.25 Per Share
2017-09-18 Annual General Meeting
2016-09-16 Annual General Meeting
2015-09-18 Annual General Meeting
2014-09-01Annual General Meeting
2013-09-11Annual General Meeting
2012-09-17Annual General Meeting
2011-09-20Annual General Meeting
2010-09-15Annual General Meeting
2009-09-15Annual General Meeting
2008-09-09Annual General Meeting
2007-09-18Agm
2006-09-12Agm
DateTypeWhat it says
2026-09-30Shareholder meetingGallantt Ispat Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 30, 2026
2026-09-30Shareholder meetingVoting results of Annual General Meeting held on September 30, 2026
2026-09-30Shareholder meetingShareholders meeting
2026-09-07UpdatesIntimation regarding fixation of book closure for the purposes of AGM and Final Dividend.
2026-09-07Record DateRecord date for the purpose of Dividend is 23-Sep-2026.
2026-09-07Shareholder meetingNotice of Annual General Meeting to be held on September 30, 2026
2026-09-01Reply to Clarification- FinaThe Exchange had sought clarification from Gallantt Ispat Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (Listing...
2026-08-28Clarification - Financial ReThe Exchange has sought clarification from Gallantt Ispat Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (Listing...
2026-08-05General UpdatesGeneral Updates
2026-08-04Concall / analyst meetTranscript
2026-07-29Investor PresentationInvestor Presentation
2026-07-29Press Release (Revised)A revised press release dated July 29, 2026, titled "Submission of revised press release with respect to financial results of the Company for the quar...
2026-07-28Concall / analyst meetLink of Recording
2026-07-27Press ReleaseA press release dated July 27, 2026, titled "Press Release relating to Unaudited Financial Results of the Company for the quarter ended 30th June, 202...
2026-07-27Investor PresentationInvestor Presentation
2026-07-27Resignation of Statutory AudResignation of Statutory Auditor
2026-07-27AppointmentAppointment of Mr Amit Jalan as Chief Financial Officer of the company w.e.f. July 27, 2026.
2026-07-27Change in ManagementChange in Management
2026-07-27Change in AuditorsChange in Auditors of the company.
2026-07-27Board meeting outcomeGallantt Ispat Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-25Concall / analyst meetSchedule of meet
2026-07-15ResignationResignation of Director/KMP/SMP
2026-07-15Change in ManagementChange in Management
2026-07-15ResignationResignation of Mr Pradyumna Kumar Satpathy as Chief Financial Officer of the company w.e.f. August 15, 2026.
2026-06-25Shareholder meetingGallantt Ispat Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on Jun 25, 2026
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Gallantt Ispat Ltd.?

Gallantt Ispat Ltd. (GALLANTT) has a market capitalisation of Rs 13,007 Cr. at the 2026-10-01 close.

What is the P/E ratio of Gallantt Ispat Ltd.?

Gallantt Ispat Ltd. trades at a P/E of 29.8 on trailing twelve-month profit, at the 2026-10-01 close.

What were Gallantt Ispat Ltd.'s latest quarterly results?

In the Jun 2026 quarter, Gallantt Ispat Ltd. sales was Rs 1,146 Cr (+1.6% vs Jun 2025) and net profit was Rs 124 Cr.

What is the 52-week high and low of Gallantt Ispat Ltd.?

The 52-week high is Rs 948.00 and the 52-week low is Rs 496.25.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03