GALLANTT ISPAT LIMITED

BSE: GALLANTT532726ISIN INE297H01019

Industrials
Iron & Steel Products
BSE 500

BSE listing

Share price

₹547.60+10.20 (+1.90%)

as of 18 Sep 2026

52W high: ₹946.70
52W low: ₹470.80
Off 52W high: -42.16%
1M return: -4.93%
3M return: -23.25%
6M return: -1.30%
1Y return: -18.89%
20D avg volume: 6,803
50 DMA: ₹589.18
200 DMA: ₹622.18

Key ratios Consolidated

Market cap: ₹13,213 Cr
Current price: ₹547.60
52W high / low: ₹946.70 / ₹470.80
Face value: ₹10.00
P/E: 30.32
P/B: —
EPS (TTM): ₹18.06
Book value / share: —
ROE: —
ROCE: 18.00%
Operating margin: —
Net margin: —
Debt / equity: 0.17
Net debt: ₹446.04 Cr
Interest cover: 15.49
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 46.0 days

About

In plain English

Gallantt Ispat is a steelmaker that produces TMT bars, the strong steel rods used to reinforce concrete in buildings, bridges, and highways. You'll find their steel inside columns and beams of apartment complexes and flyovers across northern India. The company sells primarily through a network of over 3,000 active dealers and 34 distributors, plus has direct relationships with more than 10,000 contractors and architects who specify its products. It controls much of its supply chain: it is developing its own iron ore mines in Rajasthan and Uttar Pradesh, generates its own electricity from captive power plants (including waste heat recovery and soon solar), and runs dedicated trains and railway sidings to transport materials to its plants. This backward integration helps keep costs low and margins sturdy. Gallantt makes money by selling these steel products at a slight premium over unbranded alternatives, thanks to trusted grades like Fe 550D and Fe 600 and strong brand recognition—backed by Bollywood star Ajay Devgn as the face of the brand.

AI-generated summary, written from the company's own filings and disclosures. Every figure elsewhere on this page comes from exchange data, not from a model. See our editorial standards. Generated 27 Jul 2026.

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	1,146	1,205	1,074	1,013	1,128	1,072	1,118	942.57	1,160	1,177	1,063	949.87
	18.31	24.52	15.03	13.22	6.83	11.63	0.76	2.07	1.15	3.37	1.16	2.06
	999.16	1,068	965.57	922.96	918.23	925.26	953.93	879.55	981.51	1,035	993.29	897.55
	882.36	868.26	782.22	730.28	800.44	702.27	818.66	726.77	803.78	866.30	828.26	718.94
	8.78	7.56	9.71	5.10	17.41	28.15	4.11	2.38	23.77	23.12	36.91	37.43
	38.71	41.72	33.26	33.66	31.19	32.13	30.12	29.81	28.27	29.11	28.03	26.33
	8.47	13.72	13.23	9.08	5.65	5.45	5.30	4.82	6.43	7.55	7.88	6.55
	30.11	33.58	32.42	32.67	31.65	30.79	29.40	29.77	30.00	34.09	29.28	27.58
	89.57	112.72	88.66	92.56	77.72	105.46	95.32	80.71	84.28	97.53	82.69	81.85
	164.81	161.61	123.04	103.01	216.37	158.51	165.15	65.09	179.34	145.27	70.53	54.38
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	164.81	161.61	123.04	103.01	216.37	158.51	165.15	65.09	179.34	145.27	70.53	54.38
	41.15	38.78	22.63	15.78	42.58	42.20	51.48	16.19	57.47	49.88	18.55	7.12
	123.67	122.83	100.41	88.93	173.79	116.31	113.67	48.89	121.87	95.39	51.98	47.26
	5.13	5.09	4.16	3.62	7.20	4.82	4.71	2.03	5.05	3.95	2.15	1.96
Key metrics
	203.39	208.91	168.69	144.76	253.67	194.75	199.85	99.68	215.77	186.91	107.69	88.51
	17.80%	17.30%	15.70%	14.30%	22.50%	18.20%	17.90%	10.60%	18.60%	15.90%	10.10%	9.30%
	10.80%	10.20%	9.40%	8.80%	15.40%	10.80%	10.20%	5.20%	10.50%	8.10%	4.90%	5.00%
	—	4.90%	—	3.30%	—	5.20%	—	—	—	—	—	—
	1.60%	12.40%	-4.00%	7.40%	-2.80%	-8.90%	5.20%	-0.80%	—	—	—	—
	-28.80%	5.60%	-11.70%	81.90%	42.60%	21.90%	118.70%	3.40%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY21	FY20	FY19	FY18
Income statement
	4,437	4,419	4,293	4,227	1,007	865.05	1,064	845.58
	71.08	59.59	15.62	6.85	2.31	1.14	5.40	4.76
	3,955	3,874	3,740	3,923	921.39	853.30	959.19	781.01
	3,263	3,181	3,051	3,239	740.65	717.17	791.14	599.80
	31.15	39.78	58.41	135.09	9.24	2.34	17.88	11.06
	147.35	139.82	120.33	108.18	33.03	29.21	29.90	25.18
	44.50	41.69	21.99	28.20	9.71	6.38	5.99	6.56
	128.78	130.32	119.96	115.53	15.64	14.15	14.09	—
	383.51	371.66	365.78	332.71	105.47	99.91	114.52	93.79
	552.47	604.03	568.09	311.32	87.98	12.89	110.00	69.33
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	552.47	604.03	568.09	311.32	87.98	12.89	110.00	69.33
	118.34	119.77	167.35	85.98	31.19	5.41	38.37	20.00
	435.84	484.27	400.74	225.35	81.40	22.41	104.34	49.33
	18.00	20.07	16.61	9.34	10.01	2.76	12.83	—
Key metrics
	725.75	776.04	710.04	455.05	113.33	33.42	130.08	75.89
	16.36%	17.60%	16.50%	10.80%	11.30%	3.90%	12.20%	9.00%
	9.82%	11.00%	9.30%	5.30%	8.10%	2.60%	9.80%	5.80%
	—	18.00%	18.80%	—	—	—	—	—
	—	2.90%	1.60%	319.80%	16.40%	-18.70%	25.80%	—
	—	20.80%	77.80%	176.80%	263.20%	-78.50%	111.50%	—
	—	254.11	336.58	—	—	—	—	—
	—	1.24	1.44	—	—	—	—	—
	—	0.17	0.13	—	—	—	—	—
	—	446.04	372.33	—	—	—	—	—
	—	46.0	37.0	—	—	—	—	—
Balance sheet
	—	4,270	3,548	—	—	—	—	—
	—	2,007	1,377	—	—	—	—	—
	—	101.65	5.33	—	—	—	—	—
	—	177.58	90.18	—	—	—	—	—
	—	550.75	436.26	—	—	—	—	—
	—	143.31	128.61	—	—	—	—	—
	—	1,773	1,697	—	—	—	—	—
	—	171.50	91.15	—	—	—	—	—
	—	680.17	411.05	—	—	—	—	—
	—	547.69	377.66	—	—	—	—	—
	—	444.61	275.12	—	—	—	—	—
	—	103.08	102.54	—	—	—	—	—
	—	3,316	2,843	—	—	—	—	—
Cash flow
	—	602.26	578.80	—	—	—	—	—
	—	-627.36	-459.90	—	—	—	—	—
	—	121.42	-113.89	—	—	—	—	—
	—	348.15	242.22	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	1,146	1,205	1,074	1,013	1,128	1,072	1,118	942.57	1,160	1,177	1,063	949.87
	18.31	24.52	15.03	13.22	6.83	11.63	0.76	2.07	1.15	3.37	1.16	2.06
	999.16	1,068	965.57	922.96	918.23	925.26	953.93	879.55	981.51	1,035	993.29	897.55
	882.36	868.26	782.22	730.28	800.44	702.27	818.66	726.77	803.78	866.30	828.26	718.94
	8.78	7.56	9.71	5.10	17.41	28.15	4.11	2.38	23.77	23.12	36.90	37.43
	38.71	41.72	33.26	33.65	31.19	32.13	30.12	29.81	28.27	29.11	28.03	26.33
	8.47	13.72	13.23	9.08	5.65	5.45	5.30	4.82	6.43	7.55	7.88	6.55
	30.11	33.58	32.42	32.67	31.65	30.79	29.40	29.77	30.00	34.09	29.28	27.58
	89.57	112.71	88.66	92.56	77.72	105.46	95.32	80.71	84.29	97.53	82.69	81.85
	164.81	161.62	123.04	103.01	216.37	158.51	165.15	65.09	179.34	145.27	70.53	54.38
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	164.81	161.62	123.04	103.01	216.37	158.51	165.15	65.09	179.34	145.27	70.53	54.38
	41.15	38.78	22.63	15.78	42.58	42.20	51.48	16.19	57.47	49.88	18.55	7.12
	123.67	122.84	100.41	87.23	173.79	116.31	113.67	48.89	121.87	95.39	51.98	47.26
	5.13	5.09	4.16	3.62	7.20	4.82	4.71	2.03	5.05	3.95	2.15	1.96
Key metrics
	203.39	208.92	168.69	144.76	253.67	194.75	199.85	99.68	215.77	186.91	107.69	88.51
	17.80%	17.30%	15.70%	14.30%	22.50%	18.20%	17.90%	10.60%	18.60%	15.90%	10.10%	9.30%
	10.80%	10.20%	9.40%	8.60%	15.40%	10.80%	10.20%	5.20%	10.50%	8.10%	4.90%	5.00%
	—	4.90%	—	3.30%	—	5.20%	—	—	—	—	—	—
	1.60%	12.40%	-4.00%	7.40%	-2.80%	-8.90%	5.20%	-0.80%	—	—	—	—
	-28.80%	5.60%	-11.70%	78.40%	42.60%	21.90%	118.70%	3.40%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	4,437	4,419	4,293	4,227	4,035	3,017	1,007	865.05	1,064	845.58
	71.08	59.59	15.62	6.85	25.39	53.61	2.31	1.14	5.40	4.76
	3,955	3,874	3,740	3,923	3,820	2,834	921.39	853.30	959.19	781.01
	3,263	3,181	3,051	3,239	3,273	2,457	740.65	717.17	791.14	599.80
	31.15	39.78	58.41	135.09	12.26	6.57	9.24	2.34	17.88	—
	147.34	139.82	120.33	108.18	88.18	72.04	33.03	29.21	29.90	25.18
	44.50	41.69	21.99	28.20	27.22	20.46	9.71	6.38	5.99	6.56
	128.78	130.32	119.96	115.53	100.25	92.09	15.65	14.15	14.09	14.97
	383.50	371.65	365.78	332.71	279.57	236.31	105.47	99.91	114.52	93.79
	552.48	604.04	568.09	311.32	239.89	237.30	87.98	12.89	110.00	69.33
	0.00	0.00	0.00	—	—	—	—	—	—	—
	552.48	604.04	568.09	311.32	239.89	237.30	87.98	12.89	110.00	69.33
	118.34	119.77	167.35	85.98	98.98	61.47	31.19	5.41	38.37	20.00
	434.15	484.27	400.74	225.34	140.91	175.84	56.79	7.48	71.63	49.33
	18.00	20.07	16.61	9.34	5.84	21.62	6.98	0.92	8.81	—
Key metrics
	725.76	776.05	710.04	455.05	367.36	349.85	113.34	33.42	130.08	90.86
	16.36%	17.60%	16.50%	10.80%	9.10%	11.60%	11.30%	3.90%	12.20%	10.70%
	9.79%	11.00%	9.30%	5.30%	3.50%	5.80%	5.60%	0.90%	6.70%	5.80%
	—	18.00%	18.80%	—	—	—	—	—	—	—
	—	2.90%	1.60%	4.80%	33.70%	199.60%	16.40%	-18.70%	25.80%	—
	—	20.80%	77.80%	59.90%	-19.90%	209.60%	659.20%	-89.60%	45.20%	—
	—	255.01	336.58	—	—	—	—	—	—	—
	—	1.24	1.44	—	—	—	—	—	—	—
	—	0.17	0.13	—	—	—	—	—	—	—
	—	446.08	372.33	—	—	—	—	—	—	—
	—	46.0	37.0	—	—	—	—	—	—	—
Balance sheet
	—	4,270	3,548	—	—	—	—	—	—	—
	—	2,008	1,377	—	—	—	—	—	—	—
	—	101.61	5.33	—	—	—	—	—	—	—
	—	177.58	90.18	—	—	—	—	—	—	—
	—	550.75	436.26	—	—	—	—	—	—	—
	—	143.31	128.61	—	—	—	—	—	—	—
	—	1,772	1,697	—	—	—	—	—	—	—
	—	171.50	91.15	—	—	—	—	—	—	—
	—	680.16	411.05	—	—	—	—	—	—	—
	—	547.69	377.66	—	—	—	—	—	—	—
	—	444.61	275.12	—	—	—	—	—	—	—
	—	103.08	102.54	—	—	—	—	—	—	—
	—	3,316	2,843	—	—	—	—	—	—	—
Cash flow
	—	602.27	578.80	—	—	—	—	—	—	—
	—	-627.40	-459.90	—	—	—	—	—	—	—
	—	121.42	-113.89	—	—	—	—	—	—	—
	—	347.26	242.22	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +3.08%
Sales CAGR 5Y: +34.42%
Sales CAGR 10Y: —
Profit CAGR 3Y: +50.91%
Profit CAGR 5Y: +53.52%
Profit CAGR 10Y: —
Sales YoY (TTM): +4.13%
Profit YoY (TTM): -4.09%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: +34.42%
Sales CAGR 10Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: +42.85%
Profit CAGR 10Y: —
Sales YoY (TTM): +4.13%
Profit YoY (TTM): -3.72%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 70.02%

Holder	Type	Holding	Previous	Change
GALLANTT TRUST	Promoter Group	60.05%	—	—
NIHON IMPEX PRIVATE LIMITED	Public	17.60%	—	—
DINESH KUMAR AGARWAL	Promoter	5.81%	—	—
SHWETA GUPTA	Public	3.81%	—	—
ASHWIN GUPTA	Public	2.23%	—	—
CP AGRAWAL DAUGHTERS TRUST	Promoter Group	2.07%	—	—
GALLANTT INDUSTRY PRIVATE LIMITED	Promoter Group	1.10%	—	—
NITIN KANDOI	Promoter	0.19%	—	—
SHYAMA AGRAWAL	Promoter Group	0.17%	—	—
MADHU AGRAWAL	Promoter Group	0.08%	—	—
UMA AGRAWAL	Promoter Group	0.08%	—	—
PALLAVI AGRAWAL	Promoter Group	0.08%	—	—
PRIYA SARAFF	Promoter Group	0.08%	—	—
SMRITI AGRAWAL	Promoter Group	0.08%	—	—
PRIYANKA GUPTA	Promoter Group	0.08%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

Submission of Revised Annual Report of the Company for the financial year 2025-26.20 Sep 2026 · Others / Reg. 34 (1) Annual Report
Intimation regarding dispatch of weblink letters to non-email shareholders of the Company regarding Annual Report 2026 and 22nd AGM Notice.11 Sep 2026 · Company Update / General
Submission of newspaper cuttings for publication of Notice of Annual General Meeting.8 Sep 2026 · Company Update / Newspaper Publication
Submission of Business Responsibility and Sustainability Report for the year ended 31st March, 2026.7 Sep 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Submission of Annual Report 2026.7 Sep 2026 · Others / Reg. 34 (1) Annual Report
Intimation regarding fixation of book closure for the purposes of Annual General Meeting and Final Dividend7 Sep 2026 · Corp. Action / Book Closure
Intimation regarding fixation of Record Date to determine the shareholders eligible to receive Final Dividend, if approved at the AGM.7 Sep 2026 · Corp. Action / Record Date
Submission of Notice of 22nd Annual General Meeting of the Company scheduled to be held on Wednesday, September 30, 2026 at 12:30 PM through VC/OAVM.7 Sep 2026 · AGM/EGM / AGM
Submission of Newspaper Cuttings for Notice regarding 22nd Annual General Meeting of the Company to be held through VC/OAVM.4 Sep 2026 · Company Update / Newspaper Publication
Intimation regarding Company being declared as a Preferred Bidder for commercial coal mining5 Aug 2026 · Company Update / General
Submission of Earnings Conference Call transcript for the quarter ended 30th June, 2026.4 Aug 2026 · Company Update / Earnings Call Transcript
Submission of newspaper cuttings publishing extracts of the financial results of the Company for the quarter ended 30th June, 2026.29 Jul 2026 · Company Update / Newspaper Publication
Submission of revised investor presentation on unaudited financial results for the quarter ended 30th June, 2026.29 Jul 2026 · Company Update / Investor Presentation
Submission of revised Press Release with respect to financial results of the Company for the quarter ended 30th June, 2026.29 Jul 2026 · Company Update / Press Release / Media Release (Revised)
Submission of revised investor presentation on unaudited financial results for the quarter ended 30th June, 2026.29 Jul 2026 · Company Update / Investor Presentation
Submission of transcripts of Earnings Conference Call on the Financial Results of the Company for the quarter ended 30th June, 2026.28 Jul 2026 · Company Update / Earnings Call Transcript
Submission of Press Release relating to Unaudited Financial Results of the Company for the quarter ended 30th June, 2026.27 Jul 2026 · Company Update / Press Release / Media Release
Submission of Investor Presentation on Unaudited Financial Results for the quarter ended 30th June, 2026.27 Jul 2026 · Company Update / Investor Presentation
Intimation regarding appointment of Chief Financial Officer (CFO)27 Jul 2026 · Company Update / General
Intimation regarding appointment of Statutory Auditor - M/s. Singhi & Co.27 Jul 2026 · Company Update / Appointment of Statutory Auditor/s
Intimation regarding change in management of the Company.27 Jul 2026 · Company Update / Change in Management
Intimation regarding resignation of Statutory Auditor of the Company.27 Jul 2026 · Company Update / Resignation of Statutory Auditors
Submission of outcome of board meeting for approval of unaudited financial results and other matters.27 Jul 2026 · Board Meeting / Outcome of Board Meeting
Submission of Unaudited Standalone and Consolidated Financial Results for the quarter ended 30th June, 2026.27 Jul 2026 · Result / Financial Results
Intimation regarding Earnings Call for Q1 FY 2027 on Tuesday, July 28, 2026 at 4:00 P.M.25 Jul 2026 · Company Update / Analyst / Investor Meet
Gallantt Ispat Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/07/2026 ,inter alia, to consider and approve Unaudited Financial Results ....21 Jul 2026 · Board Meeting / Board Meeting
Intimation regarding change in management of the Company due to resignation of CFO.15 Jul 2026 · Company Update / Change in Management
Intimation regarding resignation of Chief Financial Officer (CFO) of the Company.15 Jul 2026 · Company Update / Resignation of Chief Financial Officer (CFO)
Submission of certificate under Regulation 74(5) of the SEBI (DP) Regulations, 2018 as received from the Registrar and Share Transfer Agent of the Company for the quarter ended 30th June, 2026.14 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Atul Kumar Gupta & Others7 Jul 2026 · Insider Trading / SAST / Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
Intimation regarding closure of trading window for dealing in securities of the Company for the quarter ended June 30, 2026.26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Submission of Scrutinizer''s Report of the Extra-Ordinary General Meeting held on Thursday, June 25, 2026.25 Jun 2026 · AGM/EGM / EGM
Submission of voting results of the Extra-Ordinary General Meeting of the Company held on Thursday, June 25, 2026.25 Jun 2026 · AGM/EGM / EGM
Submission of proceedings of the Extra-Ordinary General Meeting of the Company held on Thursday, June 25, 2026.25 Jun 2026 · AGM/EGM / EGM
Submission of newspaper cuttings for publication of Notice to Shareholders regarding "Saksham Niveshak" - second 100 days campaign launched by IEPF Authority, Ministry of Corporate Affairs ....17 Jun 2026 · Company Update / Newspaper Publication
Submission of newspaper cuttings publishing notice regarding transfer of unclaimed final dividend 2019 and equity shares to IEPF Authority.15 Jun 2026 · Company Update / Newspaper Publication
Submission of newspaper cuttings for publication of Notice of Extra-Ordinary General Meeting of the Company.3 Jun 2026 · Company Update / Newspaper Publication
Intimation regarding Notice of Extra-Ordinary General Meeting of the Members of the Company to be held on Thursday, June 25, 2026 at 12:30 P.M.2 Jun 2026 · AGM/EGM / EGM
Submission of extracts of newspaper advertisement intimating that Extra-Ordinary General Meeting of the Company will be held through VC/OAVM.1 Jun 2026 · Company Update / Newspaper Publication
Submission of Annual Secretarial Compliance Report of the Company for the Financial Year ended 31st March, 2026.27 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 1.2500	12 Sep 2025	12 Sep 2025	—
Final Dividend - Rs. - 1.0000	23 Sep 2024	—	—

Board meetings

27 Jul 2026 Board Meeting - Financial Results

Coverage

INFORMED coverage

Gallantt Ispat Q1 FY27 PAT Drops 29% YoY as Raw Material Costs Spike; Capex Program Advances Without Debt