Gallard Steel share price, P/E, ROE & financials

As of 6 Nov 2026, Gallard Steel trades at 12.1× trailing earnings, below the industry P/E of 26.0×, and the shares are 43% below their 52-week high. Sales and net profit grew 48% and 100% a year over 3 years, with ROCE of 21% and ROE of 24%. Debt is 0.36× equity. It is listed on an SME platform with a market cap of ₹133 Cr, ranked 13th of 15 Railroads companies by market cap; the shares fell 40% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Mar 2026.How we calculate this

past year

Open: ₹141.20
Day high: ₹141.20
Day low: ₹136.00
Prev. close: ₹141.00
Volume: 13K

Health check

3 good · 1 fair · 2 to check

ReturnsBehind
−40.3% over a year, better than 0 of 7 peers.
Price tagCheaper
P/E 12.1 vs industry 26.0.
GrowthStrong
Sales +48.2%, profit +100.2% a year over 3 years.
ProfitabilityStrong
ROCE 20.7% vs peer median 10.7%.
Balance sheetFair
Debt 0.36× equity, interest covered 9.4×, Piotroski 5 of 9.
Red flags1 to check
43% below its 52-week high.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Railroads

14 listed peers. Screen the industry

Small cap

₹133 Cr, #13 of 15 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Mar 2026: sales ₹68 Cr · profit ₹9 Cr

Market cap: ₹133 Cr; Small cap
P/E: 12.1; Industry 26.0
Price to book: 2.26; Peers 3.75
Dividend yield: 0.00%
ROE: 24.0%; Peers 8.6%
ROCE: 20.7%; Peers 10.7%
Debt to equity: 0.36; Debt ₹21 Cr
EPS (TTM): ₹11.59
OPM (TTM): 19.2%; Net margin 13.4%
Sales growth: +13.6%; Latest quarter vs a year ago
Profit growth: +53.6%; Latest quarter vs a year ago
Price to sales: 1.95; EV/EBITDA 7.7

Strengths

Return on equity of 24.0%.
Return on capital employed of 20.7%.
Quarterly profit up 53.6% on a year ago.
P/E of 12.1 against an industry P/E of 26.0.

Risks to check

43% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Gallard Steel

Gallard Steel Limited engages in the manufacture and supply of engineering castings, machined components and assemblies for railway traction, rolling stock, defence and industrial applications in India. It offers locomotive Boggie components vis a vis Motor Assembly Components, Motor suspension units, Gear Cases, Stator Frames and rolling-stock components; foundry products and procured new heat treatment furnaces, melting furnaces, precision machining…

Headquarters: Indore
Employees: 79
Sector: Industrials
ISIN: INE0BUQ01012
Website: gallardsteel.com

Price range

52 weeks

₹110.00₹245.95

Today

₹136.00₹141.20

Avg volume (3M): 13.8K
1-year return: minus 40.3%
From 52-week high: minus 43.1%

Peers · Railroads

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
CONCORContainer Corporation of India	439.80	minus 0.24%	33,496	27.4	15.9	12.4%	14.5%	0.08	4.1%	minus 18.7%
TITAGARHTitagarh Rail Systems	677.85	minus 1.16%	9,129	48.5	27.0	8.6%	9.6%	0.25	4.7%	minus 22.0%
JWLJupiter Wagons	197.94	minus 0.88%	8,459	52.6	23.6	9.0%	9.5%	0.33	12.1%	minus 38.0%
TEXRAILTexmaco Rail & Engineering	104.96	plus 1.36%	4,270	19.7	11.9	–	8.9%	0.37	25.1%	minus 23.0%
CNCRDConcord Control Systems	2,764.05	minus 0.82%	2,870	59.5	47.0	26.3%	28.9%	0.34	62.3%	plus 42.3%
QUADFUTUREQuadrant Future Tek	421.95	minus 0.65%	1,688	–	–	−18.6%	−30.6%	0.10	−0.3%	plus 26.4%
AIRFLOAAirfloa Rail Technology	484.90	plus 2.21%	1,162	26.0	19.0	24.9%	17.6%	0.28	49.7%	plus 28.7%
GALLARDGallard Steel	139.95	minus 0.74%	133	12.1	7.6	20.7%	19.2%	0.36	48.2%	minus 40.3%
Median of 7 peers	–	−0.65%	4,270	38.0	21.3	10.7%	9.6%	0.28	12.1%	−18.7%

Quarterly results

Consolidated, ₹ crore · latest reported Mar 26

SalesSelect a row below to chart it

₹ Cr	Mar 25	Mar 26
	32.1	36.5
	27.1	30.3
	5	6.1
	15.5%	16.8%
	0.1	1.2
	0.8	0.7
	4.3	6.6
	26.7%	27.3%
	3.1	4.8
	3.30	6.12

Jun 25, Sep 25, Dec 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +48.2%
Profit CAGR 3Y: +100.2%
ROE: 24.0%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
20.5	26.8	52.7	66.9
–	+30.5%	+96.5%	+27.1%
17.6	20.8	40.1	50
3	6	12.5	16.9
14.4%	22.5%	23.8%	25.2%
−0	0	0.1	0.1
0.7	1	1.6	1.4
0.7	1.3	2.6	3.3
–	0	−0	−0
1.5	3.7	8.4	12.2
25.6%	12.9%	28.0%	25.3%
1.1	3.2	6.1	9.1
–	+181.6%	+89.8%	+50.1%
1.19	3.36	6.39	–

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
2.3	7	7	9.5
3.8	4	10.1	49.2
9.4	17.6	20.4	21.2
4.1	10.5	11.2	10.5
19.6	39.1	48.8	90.4
10	17.3	21.7	30.7
4.8	4.9	6.1	8.3
0.4	0.4	1.5	3.6
0.3	1.7	0.2	26.4
4.1	14.8	19.3	21.3
19.6	39.1	48.8	90.4

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−2	1.5	6.7	4.2
0.6	−10.1	−6.3	−9.8
1.6	9	−0.9	31.8
0.1	0.4	−0.5	26.2
−0.8	−10.4	−6.9	−11.4
−2.9	−8.8	−0.2	−7.2

Shareholding pattern

This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders. Institutions hold about 5.1% (Yahoo estimate).

Major shareholders

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you