GALLANTT
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Gallantt Ispat Ltd Says Q4 Fy26 Steel Production Up 9% YoY
April 6 (Reuters) - Gallantt Ispat Ltd GALM.NS:
GALLANTT ISPAT LTD - Q4 FY26 STEEL PRODUCTION UP 9% YOY
GALLANTT ISPAT LTD- STEEL SALES OF 0.23MT IN Q4 2026, UP 9% YOY
Source text: ID:nBSEYnR9T
Further company coverage: GALM.NS
April 6 (Reuters) - Gallantt Ispat Ltd GALM.NS:
GALLANTT ISPAT LTD - Q4 FY26 STEEL PRODUCTION UP 9% YOY
GALLANTT ISPAT LTD- STEEL SALES OF 0.23MT IN Q4 2026, UP 9% YOY
Source text: ID:nBSEYnR9T
Further company coverage: GALM.NS
Gallantt Ispat Receives Subsidy Of 2.34 Billion Rupees From Uttar Pradesh Government
April 1 (Reuters) - Gallantt Ispat Ltd GALM.NS:
GALLANTT ISPAT LTD - RECEIVES SUBSIDY OF 2.34 BILLION RUPEES FROM UTTAR PRADESH GOVERNMENT
Source text: ID:nBSE3Nl8xf
Further company coverage: GALM.NS
April 1 (Reuters) - Gallantt Ispat Ltd GALM.NS:
GALLANTT ISPAT LTD - RECEIVES SUBSIDY OF 2.34 BILLION RUPEES FROM UTTAR PRADESH GOVERNMENT
Source text: ID:nBSE3Nl8xf
Further company coverage: GALM.NS
Gallantt Ispat Names Pradyumna Kumar Satpathy As CFO
March 31 (Reuters) - Gallantt Ispat Ltd GALM.NS:
GALLANTT ISPAT LTD - NAMES PRADYUMNA KUMAR SATPATHY AS CFO
Source text: ID:nBSE7yJ8SS
Further company coverage: GALM.NS
March 31 (Reuters) - Gallantt Ispat Ltd GALM.NS:
GALLANTT ISPAT LTD - NAMES PRADYUMNA KUMAR SATPATHY AS CFO
Source text: ID:nBSE7yJ8SS
Further company coverage: GALM.NS
Gallantt Ispat Dec-Quarter Consol Net Profit 1 Billion Rupees
Feb 4 (Reuters) - Gallantt Ispat Ltd GALM.NS:
GALLANTT ISPAT DEC-QUARTER CONSOL NET PROFIT 1 BILLION RUPEES
GALLANTT ISPAT DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 10.74 BILLION RUPEES
Source text: ID:nBSEby5N5x
Further company coverage: GALM.NS
Feb 4 (Reuters) - Gallantt Ispat Ltd GALM.NS:
GALLANTT ISPAT DEC-QUARTER CONSOL NET PROFIT 1 BILLION RUPEES
GALLANTT ISPAT DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 10.74 BILLION RUPEES
Source text: ID:nBSEby5N5x
Further company coverage: GALM.NS
India's Gallantt Ispat hits record high on quarterly profit rise
** Shares of Gallantt Ispat GALM.NS rises 5.4% to a record high of 718 rupees
** Iron and steel manufacturer posts a 42.6% y/y rise in its Q1 consol profit, while rev is down 2.8%
** Expenses drop 6.5% y/y
** Stock set for a fifth monthly gain, if trend holds
** YTD, stock up 97%
(Reporting by Yagnoseni Das in Bengaluru)
** Shares of Gallantt Ispat GALM.NS rises 5.4% to a record high of 718 rupees
** Iron and steel manufacturer posts a 42.6% y/y rise in its Q1 consol profit, while rev is down 2.8%
** Expenses drop 6.5% y/y
** Stock set for a fifth monthly gain, if trend holds
** YTD, stock up 97%
(Reporting by Yagnoseni Das in Bengaluru)
Gallantt Ispat June-Quarter Consol Net Profit 1.74 Bln Rupees
July 29 (Reuters) - Gallantt Ispat Ltd GALM.NS:
JUNE-QUARTER CONSOL NET PROFIT 1.74 BILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 11.28 BILLION RUPEES
Source text: ID:nBSE9kqYd9
Further company coverage: GALM.NS
July 29 (Reuters) - Gallantt Ispat Ltd GALM.NS:
JUNE-QUARTER CONSOL NET PROFIT 1.74 BILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 11.28 BILLION RUPEES
Source text: ID:nBSE9kqYd9
Further company coverage: GALM.NS
India's Gallantt Ispat jumps on winning iron ore mining leases
** Shares of Gallantt Ispat GALM.NS rises 4.9% to 493 rupees
** Iron and steel manufacturer says it has been named the preferred bidder for mining leases on two iron‑ore blocks
** Captive iron‑ore mining will cut costs and significantly boost operating and net profits, it adds
** Stock eyes a second straight week and a third session of gains
** GALM gained ~36% YTD
(Reporting by Yagnoseni Das in Bengaluru)
** Shares of Gallantt Ispat GALM.NS rises 4.9% to 493 rupees
** Iron and steel manufacturer says it has been named the preferred bidder for mining leases on two iron‑ore blocks
** Captive iron‑ore mining will cut costs and significantly boost operating and net profits, it adds
** Stock eyes a second straight week and a third session of gains
** GALM gained ~36% YTD
(Reporting by Yagnoseni Das in Bengaluru)
Gallantt Ispat Approves Investment In Gallantt Lifespage Developers
June 19 (Reuters) - Gallantt Ispat Ltd GALM.NS:
APPROVES INVESTMENT IN GALLANTT LIFESPAGE DEVELOPERS
INVESTMENT OF 725 MILLION RUPEES FOR 33% EQUITY IN GALLANFT LIFESPACE DEVLOPERS
UP GOVERNMENT INVITES BIDS FOR TWO IRON ORE BLOCKS
DECLARED PREFERRED BIDDER FOR TWO IRON ORE BLOCKS
Source text: ID:nBSE2fRDpP
Further company coverage: GALM.NS
June 19 (Reuters) - Gallantt Ispat Ltd GALM.NS:
APPROVES INVESTMENT IN GALLANTT LIFESPAGE DEVELOPERS
INVESTMENT OF 725 MILLION RUPEES FOR 33% EQUITY IN GALLANFT LIFESPACE DEVLOPERS
UP GOVERNMENT INVITES BIDS FOR TWO IRON ORE BLOCKS
DECLARED PREFERRED BIDDER FOR TWO IRON ORE BLOCKS
Source text: ID:nBSE2fRDpP
Further company coverage: GALM.NS
Gallantt Ispat To Expand Capacity Of Various Plants, Setting Up Of Captive Solar Power Plant
April 16 (Reuters) - Gallantt Ispat Ltd GALM.NS:
TO EXPAND CAPACITY OF VARIOUS PLANTS, SETTING UP OF CAPTIVE SOLAR POWER PLANT
TOTAL PROJECT CAPEX OF 10.15 BILLION RUPEES APPROVED
Source text: ID:nBSE3YTkv3
Further company coverage: GALM.NS
April 16 (Reuters) - Gallantt Ispat Ltd GALM.NS:
TO EXPAND CAPACITY OF VARIOUS PLANTS, SETTING UP OF CAPTIVE SOLAR POWER PLANT
TOTAL PROJECT CAPEX OF 10.15 BILLION RUPEES APPROVED
Source text: ID:nBSE3YTkv3
Further company coverage: GALM.NS
Gallantt Ispat To Discuss Expansion Of Manufacturing Units At Gorakhpur
April 11 (Reuters) - Gallantt Ispat Ltd GALM.NS:
GALLANTT ISPAT LTD - TO DISCUSS EXPANSION OF MANUFACTURING UNITS AT GORAKHPUR
Source text: ID:nBSE5xxhLQ
Further company coverage: GALM.NS
April 11 (Reuters) - Gallantt Ispat Ltd GALM.NS:
GALLANTT ISPAT LTD - TO DISCUSS EXPANSION OF MANUFACTURING UNITS AT GORAKHPUR
Source text: ID:nBSE5xxhLQ
Further company coverage: GALM.NS
Gallantt Ispat Dec-Quarter Net Profit 1.14 Bln Rupees
Feb 5 (Reuters) - Gallantt Ispat Ltd GALM.NS:
DEC-QUARTER NET PROFIT 1.14 BILLION RUPEES
DEC-QUARTER REVENUE FROM OPERATIONS 11.18 BILLION RUPEES
Source text: ID:nBSE3wgWNT
Further company coverage: GALM.NS
Feb 5 (Reuters) - Gallantt Ispat Ltd GALM.NS:
DEC-QUARTER NET PROFIT 1.14 BILLION RUPEES
DEC-QUARTER REVENUE FROM OPERATIONS 11.18 BILLION RUPEES
Source text: ID:nBSE3wgWNT
Further company coverage: GALM.NS
Gallantt Ispat Sees FY26 Revenue At About 50 Billion Rupees
Dec 5 (Reuters) - Gallantt Ispat Ltd GALM.NS:
GALLANTT ISPAT - SEES FY26 REVENUE AT ABOUT 50 BILLION RUPEES
GALLANTT ISPAT - SEES FY25 EBITDA MARGINS TO EXPAND BY 200 BASIS POINTS Y/Y TO 13%
Source text: ID:nBSE6vgmK4
Further company coverage: GALM.NS
Dec 5 (Reuters) - Gallantt Ispat Ltd GALM.NS:
GALLANTT ISPAT - SEES FY26 REVENUE AT ABOUT 50 BILLION RUPEES
GALLANTT ISPAT - SEES FY25 EBITDA MARGINS TO EXPAND BY 200 BASIS POINTS Y/Y TO 13%
Source text: ID:nBSE6vgmK4
Further company coverage: GALM.NS
Gallantt Ispat Has Been Partly Reimbursed 804.5 Million Rupees Against Payment Of SGST
Dec 4 (Reuters) - Gallantt Ispat Ltd GALM.NS:
GALLANTT ISPAT LTD - HAS BEEN PARTLY REIMBURSED 804.5 MILLION RUPEES AGAINST PAYMENT OF SGST
Further company coverage: GALM.NS
Dec 4 (Reuters) - Gallantt Ispat Ltd GALM.NS:
GALLANTT ISPAT LTD - HAS BEEN PARTLY REIMBURSED 804.5 MILLION RUPEES AGAINST PAYMENT OF SGST
Further company coverage: GALM.NS
Gallantt Ispat Says Co Has Been Partly Reimbursed 804.5 Mln Rupees
Dec 2 (Reuters) - Gallantt Ispat Ltd GALM.NS:
HAS BEEN PARTLY REIMBURSED 804.5 MILLION RUPEES
Source text: ID:nBSE9nbMYl
Further company coverage: GALM.NS
Dec 2 (Reuters) - Gallantt Ispat Ltd GALM.NS:
HAS BEEN PARTLY REIMBURSED 804.5 MILLION RUPEES
Source text: ID:nBSE9nbMYl
Further company coverage: GALM.NS
India's Gallantt Ispat hits record high; declared successful bidder in auction
** Shares of Gallantt Ispat Ltd GALM.NS rise as much as 5% to hit record high of 331.80 rupees
** Iron and steel manufacturer says it has been declared as a successful bidder for composite licence for Todupura iron ore block district Karaul, Rajasthan
** Stock hits upper limit of exchange-mandated trading band
** More than 158,000 shares traded as of 12:03 p.m. IST, 2.3x their 30-day moving avg
** GALM gained ~84.5% YTD
(Reporting by Meenakshi Maidas in Bengaluru)
** Shares of Gallantt Ispat Ltd GALM.NS rise as much as 5% to hit record high of 331.80 rupees
** Iron and steel manufacturer says it has been declared as a successful bidder for composite licence for Todupura iron ore block district Karaul, Rajasthan
** Stock hits upper limit of exchange-mandated trading band
** More than 158,000 shares traded as of 12:03 p.m. IST, 2.3x their 30-day moving avg
** GALM gained ~84.5% YTD
(Reporting by Meenakshi Maidas in Bengaluru)
Gallantt Ispat March-Quarter Consol Profit Rises
May 2 (Reuters) - Gallantt Ispat Ltd GALM.NS:
MARCH-QUARTER CONSOL PROFIT 953.9 MILLION RUPEES VERSUS 679.2 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 11.77 BILLION RUPEES VERSUS 10.94 BILLION RUPEES
DIVIDEND 1 RUPEE PER SHARE
Further company coverage: GALM.NS
May 2 (Reuters) - Gallantt Ispat Ltd GALM.NS:
MARCH-QUARTER CONSOL PROFIT 953.9 MILLION RUPEES VERSUS 679.2 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 11.77 BILLION RUPEES VERSUS 10.94 BILLION RUPEES
DIVIDEND 1 RUPEE PER SHARE
Further company coverage: GALM.NS
India's Gallantt Ispat up on over twofold growth in Q3 profit
** Shares of iron and steel manufacturer Gallantt Ispat GALM.NS up 1.1% after reporting strong Q3 profit growth
** Co late on Tuesday reported a more than twofold rise in net profit at 519.8 mln rupees ($6.25 million)
** Steel segment, biggest contributor to rev, grew 5.6% Y/Y; power segment more than doubled
** Stock above 200-day simple moving avg since July 2023, and above 50-day avg since mid-November
** Stock surged 190% in 2023
($1 = 83.1250 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
** Shares of iron and steel manufacturer Gallantt Ispat GALM.NS up 1.1% after reporting strong Q3 profit growth
** Co late on Tuesday reported a more than twofold rise in net profit at 519.8 mln rupees ($6.25 million)
** Steel segment, biggest contributor to rev, grew 5.6% Y/Y; power segment more than doubled
** Stock above 200-day simple moving avg since July 2023, and above 50-day avg since mid-November
** Stock surged 190% in 2023
($1 = 83.1250 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
India's Gallantt Ispat Dec-Quarter Consol Net Profit Rises
Jan 16 (Reuters) - Gallantt Ispat Ltd GALM.NS:
DEC-QUARTER CONSOL NET PROFIT 519.8 MILLION RUPEES VERSUS PROFIT 209.1 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 10.63 BILLION RUPEES VERSUS 10.06 BILLION RUPEES
Source text for Eikon: ID:nBSE5llGpk
Further company coverage: GALM.NS
Jan 16 (Reuters) - Gallantt Ispat Ltd GALM.NS:
DEC-QUARTER CONSOL NET PROFIT 519.8 MILLION RUPEES VERSUS PROFIT 209.1 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 10.63 BILLION RUPEES VERSUS 10.06 BILLION RUPEES
Source text for Eikon: ID:nBSE5llGpk
Further company coverage: GALM.NS
India's Gallantt Ispat to set up new kiln, hits record high
** Shares of iron and steel manufacturing co Gallantt Ispat GALM.NS rise as much as 6.65% to hit a record high at 102.65 rupees
** Co said its has approved setting up new direct reduced iron (DRI) kiln having capacity of 165,00O MTPA at Gorakhpur facility
** Adds, total investment towards the project at 1.25 bln rupees ($15.09 million), expected to be operational in Q1 of FY25
** Share price above 50-day, 100-day and 200-day exponential moving averages since July 4, suggesting bullish trend
** More than 555,000 shares change hands by 1:57 p.m. IST, 1.5x 30-day avg
** Stock last up 5.2%, bumping YTD gains to about 63.3%
($1 = 82.8520 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
((ashish.chandra@thomsonreuters.com (+91 7982114624))
** Shares of iron and steel manufacturing co Gallantt Ispat GALM.NS rise as much as 6.65% to hit a record high at 102.65 rupees
** Co said its has approved setting up new direct reduced iron (DRI) kiln having capacity of 165,00O MTPA at Gorakhpur facility
** Adds, total investment towards the project at 1.25 bln rupees ($15.09 million), expected to be operational in Q1 of FY25
** Share price above 50-day, 100-day and 200-day exponential moving averages since July 4, suggesting bullish trend
** More than 555,000 shares change hands by 1:57 p.m. IST, 1.5x 30-day avg
** Stock last up 5.2%, bumping YTD gains to about 63.3%
($1 = 82.8520 Indian rupees)
(Reporting by Ashish Chandra in Bengaluru)
((ashish.chandra@thomsonreuters.com (+91 7982114624))
Gallantt Ispat To Consider Addition In Capacities Of Direct Reduced Iron Unit And Steel Melt Shop Unit Of Co At Gorakhpur, U.P
Sept 5 (Reuters) - Gallantt Ispat Ltd GALM.NS:
TO CONSIDER ADDITION IN CAPACITIES OF DIRECT REDUCED IRON UNIT AND STEEL MELT SHOP UNIT OF CO AT GORAKHPUR, U.P
Source text for Eikon: ID:nBSE7vtGjh
Further company coverage: GALM.NS
Sept 5 (Reuters) - Gallantt Ispat Ltd GALM.NS:
TO CONSIDER ADDITION IN CAPACITIES OF DIRECT REDUCED IRON UNIT AND STEEL MELT SHOP UNIT OF CO AT GORAKHPUR, U.P
Source text for Eikon: ID:nBSE7vtGjh
Further company coverage: GALM.NS
India's Gallantt Ispat hits near 1-year high on deal to buy Railway Wagons
** Shares of Gallantt Ispat GALM.NS rise as much as 10.2% to 75.9 rupees, their highest since July 29, 2022
** Stock hits biggest intraday pct climb since Jan 20
** Co says it entered into an agreement with East Coast Railway to buy and own Rail Wagons to get rid of wagons shortfall with Indian Railways
** Says co is in process of acquiring two railway rakes under the General-Purpose Wagon Investment Scheme of Railway Board
** Stock on track to rise for a seventh straight session, if trend holds
** Almost 647,000 shares change hands, 4.7X the 30-day moving average
** Stock up 11.1% YTD, as of last close
(Reporting by Varun Vyas in Bengaluru)
** Shares of Gallantt Ispat GALM.NS rise as much as 10.2% to 75.9 rupees, their highest since July 29, 2022
** Stock hits biggest intraday pct climb since Jan 20
** Co says it entered into an agreement with East Coast Railway to buy and own Rail Wagons to get rid of wagons shortfall with Indian Railways
** Says co is in process of acquiring two railway rakes under the General-Purpose Wagon Investment Scheme of Railway Board
** Stock on track to rise for a seventh straight session, if trend holds
** Almost 647,000 shares change hands, 4.7X the 30-day moving average
** Stock up 11.1% YTD, as of last close
(Reporting by Varun Vyas in Bengaluru)
Gallantt Ispat Says Commercial Production Of Gorakhpur Industrial Development Authority Unit Commenced
July 5 (Reuters) - Gallantt Ispat Ltd GALM.NS:
COMMERCIAL PRODUCTION OF GORAKHPUR INDUSTRIAL DEVELOPMENT AUTHORITY UNIT COMMENCED
Source text for Eikon: ID:nBSEccGcgs
Further company coverage: GALM.NS
July 5 (Reuters) - Gallantt Ispat Ltd GALM.NS:
COMMERCIAL PRODUCTION OF GORAKHPUR INDUSTRIAL DEVELOPMENT AUTHORITY UNIT COMMENCED
Source text for Eikon: ID:nBSEccGcgs
Further company coverage: GALM.NS
India's Gallantt Ispat tanks on income tax search operation
** Shares of Gallantt Ispat GALM.NS fall as much as 13.7% to 53.2 rupees, biggest pct loss since Sep. 20, 2021
** Co reported on Monday that Income Tax Department has carried out search operations at some of its premises
** Co says the department has seized few documents and records for further processing
** Around 220,000 shares change hands in early trade, ~5.9x 30-day avg
** Stocks falls below 50-day, 100-day and 200-day exponential moving averages, indicating bearish sentiment
** Including session's fall, stock extends YTD fall to 11.4%, from 0.6% in last close
(Reporting by Ashna Teresa Britto in Bengaluru)
((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))
** Shares of Gallantt Ispat GALM.NS fall as much as 13.7% to 53.2 rupees, biggest pct loss since Sep. 20, 2021
** Co reported on Monday that Income Tax Department has carried out search operations at some of its premises
** Co says the department has seized few documents and records for further processing
** Around 220,000 shares change hands in early trade, ~5.9x 30-day avg
** Stocks falls below 50-day, 100-day and 200-day exponential moving averages, indicating bearish sentiment
** Including session's fall, stock extends YTD fall to 11.4%, from 0.6% in last close
(Reporting by Ashna Teresa Britto in Bengaluru)
((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))
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What does Gallantt Ispat do?
Gallantt Metal Ltd specializes in manufacturing Sponge iron, M.S Billets, and Re-Rolled Products such as QST Bars. The company is also involved in the Steel and Power sectors.
Who are the competitors of Gallantt Ispat?
Gallantt Ispat major competitors are Usha Martin, Sarda Energy&Min., Lloyds Enterprises, Mishra Dhatu Nigam, Shyam Metalics&Ener, Sunflag Iron & Steel, Kalyani Steels. Market Cap of Gallantt Ispat is ₹13,436 Crs. While the median market cap of its peers are ₹6,934 Crs.
Is Gallantt Ispat financially stable compared to its competitors?
Gallantt Ispat seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Gallantt Ispat pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Gallantt Ispat latest dividend payout ratio is 7.53% and 3yr average dividend payout ratio is 9.12%
How has Gallantt Ispat allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Capital Work in Progress
How strong is Gallantt Ispat balance sheet?
Balance sheet of Gallantt Ispat is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Gallantt Ispat improving?
Yes, profit is increasing. The profit of Gallantt Ispat is ₹478 Crs for TTM, ₹401 Crs for Mar 2025 and ₹225 Crs for Mar 2024.
Is the debt of Gallantt Ispat increasing or decreasing?
Yes, The net debt of Gallantt Ispat is increasing. Latest net debt of Gallantt Ispat is ₹404 Crs as of Sep-25. This is greater than Mar-25 when it was -₹138.33 Crs.
Is Gallantt Ispat stock expensive?
Yes, Gallantt Ispat is expensive. Latest PE of Gallantt Ispat is 28.02, while 3 year average PE is 19.04. Also latest EV/EBITDA of Gallantt Ispat is 19.35 while 3yr average is 11.03.
Has the share price of Gallantt Ispat grown faster than its competition?
Gallantt Ispat has given better returns compared to its competitors. Gallantt Ispat has grown at ~71.37% over the last 4yrs while peers have grown at a median rate of 36.46%
Is the promoter bullish about Gallantt Ispat?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 69.83% and last quarter promoter holding is 68.93%.
Are mutual funds buying/selling Gallantt Ispat?
The mutual fund holding of Gallantt Ispat is decreasing. The current mutual fund holding in Gallantt Ispat is 0.05% while previous quarter holding is 0.06%.
