On 6 Nov 2026, Gallantt Ispat was priced at ₹534.40, or 31.7× trailing earnings, against an industry P/E of 19.9×, and the shares are 44% below their 52-week high. Sales and net profit grew 2.2% and 51% a year over 3 years, with ROCE of 18% and ROE of 12%. Debt is 0.17× equity, and its dividend yield is 0.4%. It is a small-cap company with a market cap of ₹12,894 Cr, ranked 17th of 150 Steel companies by market cap; the shares fell 4.2% over the past year.
- ₹537.05
- ₹538.40
- ₹527.05
- ₹535.95
- 1.9 L
Health check
- ReturnsBehind
−4.2% over a year, better than 1 of 7 peers.
- Price tagPricier
P/E 31.7 vs industry 19.9.
- GrowthSteady
Sales +2.2%, profit +50.9% a year over 3 years.
- ProfitabilityAverage
ROCE 17.9% vs peer median 18.7%.
- Balance sheetSolid
Debt 0.17× equity, interest covered 16.4×, Piotroski 7 of 9.
- Red flags3 to check
Quarterly profit down 30.7% on a year ago.
Small cap
Moves with the market
Key metrics
- Market cap
- ₹12,894 Cr
- Small cap
- P/E
- 31.7
- Industry 19.9
- Price to book
- 3.70
- Peers 2.28
- Dividend yield
- 0.37%
- ROE
- 12.3%
- Peers 23.4%
- ROCE
- 17.9%
- Peers 18.7%
- Debt to equity
- 0.17
- Debt ₹592 Cr
- EPS (TTM)
- ₹16.88
- Face value ₹10
- OPM (TTM)
- 13.8%
- Net margin 8.9%
- Sales growth
- +13.1%
- Latest quarter vs a year ago
- Profit growth
- −30.7%
- Latest quarter vs a year ago
- Price to sales
- 2.82
- EV/EBITDA 20.6
Strengths and risks
Strengths
- Positive operating cash flow in each of the last 4 years.
- Promoter stake up from 68.9% to 71.0%.
Risks to check
- Quarterly profit down 30.7% on a year ago.
- P/E of 31.7 against an industry P/E of 19.9.
- 44% below its 52-week high.
About Gallantt Ispat
Gallantt Ispat Limited engages in the manufacturing and sale of steel and steel products in India. The company offers pellets, sponge iron, MS billets, and TMT bars; and MIS roll bars, iron ore pellets, and other products. It also provides ordinary portland, portland pozzolana, rapid hardening, sulphate-resistant, white, low-heat, and blended cement. In addition, the company is involved in real estate business; and power generation business. The company…
- Headquarters
- Gorakhpur
- Employees
- 4,242
- Sector
- Basic Materials
- ISIN
- INE297H01019
- Website
- gallantt.com
Price range
- Avg volume (3M)
- 15.1 L
- 1-year return
- minus 4.2%
- From 52-week high
- minus 43.6%
Peers · Steel
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| JSWSTEELJSW Steel | 1,357.10 | plus 0.11% | 3,31,265 | 11.7 | 12.2 | 18.7% | 17.7% | 0.62 | 3.6% | plus 14.7% |
| TATASTEELTata Steel | 186.30 | plus 2.36% | 2,32,397 | 21.1 | 9.1 | 11.3% | 15.2% | 0.89 | −1.6% | plus 1.5% |
| JINDALSTELJindal Steel | 1,165.00 | plus 1.31% | 1,18,594 | 41.5 | 14.9 | 7.5% | 15.9% | 0.42 | −13.1% | plus 6.4% |
| LLOYDSMELloyds Metals And Energy | 1,785.50 | minus 1.38% | 1,00,482 | 19.1 | 18.8 | 19.4% | 37.4% | 1.23 | 71.3% | plus 37.4% |
| SAILSteel Authority of India | 171.60 | minus 0.41% | 70,880 | 12.6 | 8.1 | 7.2% | 12.9% | 0.50 | 2.0% | plus 24.7% |
| NMDCNMDC | 70.40 | minus 0.01% | 61,894 | 8.3 | 6.2 | 28.4% | 30.0% | 0.19 | 22.0% | minus 5.2% |
| APLAPOLLOAPL Apollo Tubes | 2,185.30 | minus 0.41% | 60,677 | 46.3 | 32.7 | 28.0% | 8.2% | 0.17 | 12.6% | plus 23.3% |
| GALLANTTGallantt Ispat | 534.40 | minus 0.29% | 12,894 | 31.7 | 18.0 | 17.9% | 13.8% | 0.17 | 2.2% | minus 4.2% |
| Median of 7 peers | – | −0.01% | 1,00,482 | 19.1 | 12.2 | 18.7% | 15.9% | 0.50 | 3.6% | 14.7% |
Quarterly results
| ₹ Cr | Jun 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 1,128 | 1,074 | 1,205 | 1,146 | 1,146 | |
| 881 | 920 | 1,020 | 961 | 1,036 | |
| 247 | 154 | 184 | 185 | 110 | |
| 21.9% | 14.3% | 15.3% | 16.2% | 9.6% | |
| 6.8 | 15 | 24.5 | 18.3 | 18.2 | |
| 5.6 | 13.2 | 13.7 | 8.5 | 9.2 | |
| 31.7 | 32.4 | 33.6 | 30.1 | 35.5 | |
| 216 | 123 | 162 | 165 | 83.2 | |
| 19.7% | 18.4% | 24.0% | 25.0% | 27.2% | |
| 174 | 100 | 123 | 124 | 60.5 | |
| 7.20 | 4.16 | 5.09 | 5.13 | 2.51 |
Profit & loss
- Sales CAGR 3Y
- +2.2%
- Profit CAGR 3Y
- +50.9%
- EPS CAGR 3Y
- +50.9%
- ROE
- 12.3%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4,035 | 4,148 | 4,097 | 4,304 | |
| – | +2.8% | minus 1.2% | +5.1% | |
| 3,668 | 3,700 | 3,400 | 3,587 | |
| 366 | 448 | 697 | 717 | |
| 9.1% | 10.8% | 17.0% | 16.7% | |
| −1.3 | 3 | 9.9 | 54 | |
| 24.7 | 25.7 | 20.7 | 39.2 | |
| 100 | 116 | 120 | 130 | |
| −0 | 1.4 | 1.4 | 2.4 | |
| 240 | 311 | 568 | 604 | |
| 41.3% | 27.6% | 29.5% | 19.8% | |
| 141 | 225 | 401 | 484 | |
| – | +59.9% | +77.8% | +20.8% | |
| 5.84 | 9.34 | 16.61 | 20.07 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 241 | 241 | 241 | 241 | |
| 1,984 | 2,209 | 2,601 | 3,075 | |
| 538 | 462 | 378 | 548 | |
| 186 | 223 | 328 | 406 | |
| 2,949 | 3,136 | 3,548 | 4,270 | |
| 1,776 | 1,881 | 2,028 | 2,162 | |
| 318 | 124 | 331 | 389 | |
| 1.6 | 1.1 | 21.6 | 2.6 | |
| 11.6 | 55.8 | 280 | 525 | |
| 842 | 1,074 | 888 | 1,191 | |
| 2,949 | 3,136 | 3,548 | 4,270 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 95.6 | 344 | 579 | 602 | |
| −225 | −248 | −460 | −627 | |
| 126 | −102 | −114 | 121 | |
| −3 | −5.3 | 5 | 96.3 | |
| −227 | −199 | −242 | −348 | |
| −132 | 145 | 337 | 254 | |
| – | – | −8.9 | −9.4 |
Shareholding pattern
- Promoters70.98%
- Public29.02%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 70.98% | 29.02% | plus 0.95 | |
| 30 Jun 2026 | 70.03% | 29.97% | plus 0.03 | |
| 31 Mar 2026 | 70.00% | 30.00% | plus 0.17 | |
| 31 Dec 2025 | 69.83% | 30.17% | plus 0.90 | |
| 30 Sep 2025 | 68.93% | 31.07% | – |
Major shareholders
Filings & events
News
No recent news coverage found.