GALLANTTCapital Goods

Gallantt Ispat Limited

Iron & Steel Products · ISIN INE297H01019 · BSE 532726 · NSE EQ · FV ₹10
Last price
₹529
+0.59%today
What this company does

Gallantt Ispat Limited operates in Iron & Steel Products, part of the Capital Goods sector. It booked ₹1,146 cr of revenue in its latest quarter (Q2 FY27) and kept 5.3% of sales as profit. It is the 7th largest of 9 Iron & Steel Products companies we track, by market value.

In the report:
59out of 100
Equitytale Health Score
Mixed

Healthier than 59% of companies in Capital Goods, on all six measures of filed financials. Each measure is ranked against the 81–127 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
44

At close. Not part of the score.

Profitability & returns20

How much profit it earns on the money it employs

Balance sheet49

How much it owes, and whether earnings cover the interest

Cash quality81

Whether reported profit actually arrives as cash

Growth & consistency93

Whether sales and profit have grown, and how steadily

Valuation52

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 13% vs last year
✓ Promoters hold 71%
✓ No promoter shares pledged
✓ Turns profit into real cash
Watch-outs
! Thin 5.3% net margin
! Profit down 32% vs last year
! Low 6.9% return on equity

What if I invest in GALLANTT?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹529▲ +0.59%
latest close · 2026-11-04
1-year return
+526.6%
52-wk low ₹5552-wk high ₹679
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio52.7High
LowAverageHigh
P/B ratio3.66High
Below bookModerateHigh
EV / EBITDA26.1High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity6.9%Weak
WeakFairStrong ▸15%
Return on capital9.9%Fair
WeakFairStrong
Net margin5.3%Decent
ThinDecentStrong
EBITDA margin11.2%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.17Comfortable
LowModerateHigh ▸1
Interest cover10.1×Strong
RiskyOkayStrong ▸5×
Current ratio2.71Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹12,767 cr
Book value
₹145
EPS
₹2.51
latest quarter
Net debt
₹591 cr
owes more than its cash
Enterprise value
₹13,358 cr
EBITDA
₹511 cr
annualised
EBIT
₹369 cr
annualised
Operating margin
8.1%
Return on assets
5.4%
Earnings yield
1.90%
P/S
2.79
Sales / share
₹190.0
Tax rate
27.2%
Face value
₹10
Shares
24.1 cr
Working capital
₹1,274 cr
Current assets
₹2,018 cr
Current liabilities
₹744 cr
Delivery %
15.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹156–₹231, midpoint ₹200

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹1,146 cr
Other Income₹18 cr
Total Income₹1,164 cr
Cost of Materials₹794 cr
Purchases of Stock-in-Trade₹99 cr
Inventory Change (±)₹12 cr
Employee Benefit Expense₹42 cr
Finance Costs₹9 cr
Depreciation & Amortisation₹36 cr
Other Expenses₹89 cr
Total Expenses₹1,081 cr
Profit before Tax₹83 cr
Tax Expense₹23 cr
Net Profit₹61 cr
Net margin on total income5.2%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹905 cr77.8%
Employee benefit expense₹42 cr3.6%
Finance costs₹9 cr0.8%
Depreciation & amortisation₹36 cr3.1%
Other expenses₹89 cr7.7%
Tax expense₹23 cr1.9%
Profit for the period₹61 cr5.2%
Total income ₹1,164 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue1,205 cr1,146 cr1,146 cr
Total income1,229 cr1,164 cr1,164 cr
Expenses1,068 cr999 cr1,081 cr
Profit before tax162 cr165 cr83 cr
Tax39 cr41 cr23 cr
Net profit (owners' share)123 cr124 cr61 cr
Net margin (owners' share, on revenue)10.2%10.8%5.3%
EPS (₹)5.095.132.51
YoY (latest quarter): total income +13.5% · net profit -32.0%
Balance sheet & cash flow · as of Sep 2026
Low debt
Total assets
₹4,493 cr
Shareholder equity
₹3,487 cr
parent shareholders
Total debt
₹592 cr
Cash
₹1 cr
Cash flow · H1 FY27
Operating
₹91 cr
Investing
₹-219 cr
Financing
₹27 cr
Peer comparison
Iron & Steel Products · by market value
CompanyPriceMarket capP/E
Welspun Corp Limited₹2,316₹61,083 cr30.6
APL Apollo Tubes Limited₹2,153₹59,783 cr39.5
Shyam Metalics and Energy Limited₹1,220₹33,885 cr16.6
Ratnamani Metals & Tubes Limited₹2,380₹16,682 cr50.8
Jindal Saw Limited₹247₹15,794 cr83.4
Usha Martin Limited₹461₹14,057 cr24.7
Gallantt Ispat Limitedthis company₹526₹12,693 cr52.4
Godawari Power And Ispat limited₹193₹11,889 cr13.4
Jayaswal Neco Industries Limited₹90₹8,704 cr9.5
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.38%
trailing 12 months
Dividend / share (TTM)
₹2
Last dividend
₹2
ex 23 Sep 2026
ActionDetailEx-date
Dividend₹2 / share23 Sep 2026
Dividend₹1.25 / share12 Sep 2025
Dividend₹1 / share23 Sep 2024
Dividend₹0.25 / share18 Sep 2019
Dividend₹0.25 / share18 Sep 2018
Who owns it · 2026-09-30
No pledge
Promoter
71.0%
FII / Foreign
0.0%
DII / Domestic
0.1%
Retail / others
28.9%
Promoter stake up 2.0% over the last 12 quarters.
Smart-money activity
Insider trades
SoldDinesh R. Agarwal · Promoter and Director3.90 L · ₹20.1 cr2 Nov 26
BoughtSmriti Agrawal · Promoter Group5.00 L27 Oct 26
BoughtSmriti Agrawal · Promoter Group91.99 L22 Oct 26
Bulk / block deals
BoughtSURYALAXMI INFRACON PRIVATE LIMITED · NSE50.00 L @ ₹5013 Nov 26
SoldDINESH R AGARWAL · NSE50.00 L @ ₹5013 Nov 26
BoughtSURYALAXMI INFRACON PRIVATE LIMITED · NSE50.00 L @ ₹5013 Nov 26
Stake changes
BoughtSmriti Agrawal · promoter→ 1.03% · 23.01 L18 Sep 26
BoughtAtul Kumar Gupta→ 0.01% · 1,43830 Jun 26
SoldMadhu Agrawal · promoter→ 0.25% · 2.02 cr31 Mar 26
Promoter pledges
ReleasedNA3.00 L · 0.12% held24 Mar 25
ReleasedNA500 · 0.00% held24 Mar 25
ReleasedNA2.10 L · 0.08% held24 Mar 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 30 Sep 2026
See the official result
1
To consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, the Audited Consolidated Financial Statements of the Company for the said financial year and the Reports of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
2.47 cr votes for, 163 against · 0% of mutual funds and other big investors said no
2
2. To appoint a Director in place of Mr. Prem Prakash Agrawal (DIN: 01397585), who retires by rotation at this Annual General Meeting in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
2.46 cr votes for, 96,805 against · 43% of mutual funds and other big investors said no
3
To declare a final dividend @ 20% i.e. Rs. 2/- per equity share of face value of Rs. 10/- each fully paid-up for the financial year ended March 31, 2026.
Backed by 100% of shareholders other than promotersneeded 50%
2.47 cr votes for, 1,730 against · 0% of mutual funds and other big investors said no
4
Appointment of M/s. Singhi & Co., Chartered Accountants, as the Statutory Auditors of the Company in casual vacancy.
Backed by 100% of shareholders other than promotersneeded 50%
2.46 cr votes for, 96,801 against · 43% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 36 named members
owning 71.0% between them · as of 2026-09-30
GALLANTT TRUST60.05%
DINESH KUMAR AGARWAL5.81%
CP AGRAWAL DAUGHTERS TRUST2.07%
GALLANTT INDUSTRY PRIVATE LIMITED1.10%
SMRITI AGRAWAL1.04%
NITIN KANDOI0.19%
SHYAMA AGRAWAL0.17%
MADHU AGRAWAL0.08%
Business done with them
FY2025 · 2 of the group
The company paid ₹1 cr to companies in the promoter group last year — about 0.0% of its ₹4,293 cr revenue.
CHANDRA PRAKASH AGARWAL
Other payments to them · REMUNERATION
₹66 L
company paid
PREM PRAKASH AGARWAL
Other payments to them · REMUNERATION
₹63 L
company paid

The company also transacted with 12 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.