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Gallantt Ispat Limited (IN:GALLANTT)
:GALLANTT
India Market
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Gallantt Ispat Limited (GALLANTT) AI Stock Analysis

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IN:GALLANTT

Gallantt Ispat Limited

(GALLANTT)

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Outperform 74 (OpenAI - 5.2)
Rating:74Outperform
Price Target:
₹756.00
▲(36.75% Upside)
Action:Reiterated
Date:05/10/26
The score is driven mainly by solid financial strength (improving profitability, conservative leverage) and strong bullish technicals (price above major moving averages and positive MACD). This is tempered by a relatively expensive valuation (P/E ~32) and cash-flow variability, which is important for a cyclical steel company.
Positive Factors
Conservative leverage and stronger equity base
Low debt-to-equity and a steadily building equity base provide durable financial flexibility for a cyclical steel firm. This conservative capital structure reduces solvency risk during downturns, supports access to financing for capex or working-capital needs, and underpins resilience across commodity cycles.
Negative Factors
Margin cyclicality and 2026 gross-margin compression
Gross-margin compression despite broader profit gains highlights vulnerability to raw-material and energy cost swings and to pricing competition. For a volume-driven steel producer, cyclical margin pressure can materially swing earnings and impair return stability during prolonged cost upcycles.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative leverage and stronger equity base
Low debt-to-equity and a steadily building equity base provide durable financial flexibility for a cyclical steel firm. This conservative capital structure reduces solvency risk during downturns, supports access to financing for capex or working-capital needs, and underpins resilience across commodity cycles.
Read all positive factors

Gallantt Ispat Limited (GALLANTT) vs. iShares MSCI India ETF (INDA)

Gallantt Ispat Limited Business Overview & Revenue Model

Company Description
Gallantt Ispat Limited produces and sells iron, steel, and power in India and internationally. The company operates through Iron and Steel; and Power segments. It offers sponge iron, mild steel billets, and re-rolled products. Gallantt Metal Limit...
How the Company Makes Money
Gallantt Ispat Limited makes money primarily by manufacturing and selling steel and value-added steel products. Its revenue model is largely volume-and-price driven: the company procures raw materials (such as iron-bearing inputs and fuels), conve...

Gallantt Ispat Limited Financial Statement Overview

Summary
Above-average fundamentals for a cyclical steel company: revenue scaled strongly over multiple years and net margin improved to ~11% by 2026, while leverage remains conservative (low debt-to-equity) and ROE strengthened (~14.6%). The key offset is weaker cash-flow consistency (prior negative FCF in 2022–2023 and OCF below net income in 2026) plus 2026 gross-margin compression, which adds cyclicality risk.
Income Statement
78
Positive
Balance Sheet
82
Very Positive
Cash Flow
62
Positive
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue43.31B44.19B42.93B42.27B40.57B30.17B
Gross Profit11.64B9.58B11.52B8.66B7.09B5.91B
EBITDA7.71B7.16B6.97B4.48B3.66B3.33B
Net Income4.93B4.84B4.01B2.25B1.41B1.76B
Balance Sheet
Total Assets41.03B42.70B35.48B31.36B29.49B26.89B
Cash, Cash Equivalents and Short-Term Investments2.76B5.26B2.80B554.50M113.04M134.28M
Total Debt6.57B5.48B3.78B4.62B5.38B3.87B
Total Liabilities9.98B9.53B7.06B6.85B7.24B6.06B
Stockholders Equity31.05B33.16B28.43B24.51B22.25B20.83B
Cash Flow
Free Cash Flow268.61M2.57B3.37B1.45B-1.32B-513.86M
Operating Cash Flow1.28B6.06B5.79B3.44B955.58M2.34B
Investing Cash Flow-3.98B-6.70B-4.60B-2.48B-2.25B-2.09B
Financing Cash Flow2.66B1.61B-1.14B-1.02B1.26B-192.88M

Gallantt Ispat Limited Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price552.85
Price Trends
50DMA
695.41
Negative
100DMA
624.23
Positive
200DMA
629.60
Positive
Market Momentum
MACD
2.94
Positive
RSI
35.58
Neutral
STOCH
3.69
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GALLANTT, the sentiment is Neutral. The current price of 552.85 is below the 20-day moving average (MA) of 828.81, below the 50-day MA of 695.41, and below the 200-day MA of 629.60, indicating a neutral trend. The MACD of 2.94 indicates Positive momentum. The RSI at 35.58 is Neutral, neither overbought nor oversold. The STOCH value of 3.69 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:GALLANTT.

Gallantt Ispat Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
75
Outperform
₹35.74B9.781.36%-6.88%0.63%
75
Outperform
₹205.87B28.500.39%0.09%8.15%
74
Outperform
₹161.69B27.330.24%2.94%21.26%
62
Neutral
₹62.97B20.390.28%6.72%30.63%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
59
Neutral
₹79.82B38.500.55%8.27%
53
Neutral
₹68.40B139.02-14.81%-77.11%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:GALLANTT
Gallantt Ispat Limited
670.15
191.24
39.93%
IN:GPIL
Godawari Power & Ispat Ltd.
306.65
113.01
58.36%
IN:JAIBALAJI
Jai Balaji Industries Limited
74.98
-31.12
-29.33%
IN:KSL
Kalyani Steels Ltd
818.75
29.92
3.79%
IN:RHIM
RHI Magnesita India Refractories Limited
386.55
-73.24
-15.93%
IN:SUNFLAG
Sunflag Iron & Steel Co. Ltd.
349.40
83.46
31.38%

Gallantt Ispat Limited Corporate Events

Gallantt Ispat Posts Audio of FY26 Earnings Call for Investor Access
May 6, 2026
Gallantt Ispat Limited has released the audio recording of its earnings conference call with investors and analysts discussing the company’s financial and operational performance for the quarter and year ended 31 March 2026. The recording, m...
Gallantt Ispat posts resilient FY26 results, keeps ₹3,000 crore capex on track
May 6, 2026
Gallantt Ispat Limited reported resilient Q4 and FY26 results, with revenue from operations rising to ₹4,418.9 crore for the year on the back of 2.9% volume growth, while EBITDA margins improved to 17.6% and PAT grew 20.8% to ₹484.3 cr...
Gallantt Ispat Publishes FY26 Audited Results Investor Presentation
May 6, 2026
Gallantt Ispat Limited has released an investor presentation and media release detailing its audited financial results for the fourth quarter and full year ended March 31, 2026. The materials, made available to stock exchanges and on the company&#...
Gallantt Ispat Sees Exit of Two Independent Directors
May 6, 2026
Gallantt Ispat Limited has announced the resignation of two independent directors, Smita Modi and Pankaj Khanna, effective at the close of business on May 5, 2026. Both cited work pressure, pre-occupation, lack of time, and other engagements as re...
Gallantt Ispat Sees Two Independent Directors Resign Effective May 2026
May 6, 2026
Gallantt Ispat Limited has announced the resignation of two non-executive independent directors, Smita Modi and Pankaj Khanna, effective at the close of business on May 5, 2026. Both directors cited work pressure, pre-occupation, lack of time, and...
Gallantt Ispat Clears FY26 Results, Declares Dividend as Promoters Waive Payout
May 5, 2026
Gallantt Ispat Limited’s board has approved the audited standalone and consolidated financial results for the quarter and year ended 31 March 2026, with statutory auditors Maroti and Associates issuing an unmodified opinion. The results will...
Gallantt Ispat Board Recommends Final Dividend as Promoters Waive Payout
May 5, 2026
Gallantt Ispat Limited’s board has recommended a final dividend of Rs 2 per equity share, equivalent to 20% on the Rs 10 face value, for the financial year ended 31 March 2026, subject to shareholder approval at the upcoming AGM. The dividen...
Gallantt Ispat Revamps Board With New Independent Directors After Resignations
May 5, 2026
Gallantt Ispat Limited has announced a board-level reshuffle, with independent directors Smita Modi and Pankaj Khanna resigning from their positions due to preoccupation and personal reasons, effective at the close of business on May 5, 2026. To m...
Gallantt Ispat Schedules Q4 FY26 Earnings Call With Investors
Apr 30, 2026
Gallantt Ispat Limited has announced that it will hold its Q4 FY26 earnings conference call with analysts and institutional investors on Wednesday, May 6, 2026, at 2:00 p.m. India time. The call, organized by Ashika Institutional Equities and feat...
Gallantt Ispat Says Sharp Share Price Move Is Market Driven, No Undisclosed Events
Apr 18, 2026
Gallantt Ispat Limited has responded to queries from the National Stock Exchange of India and BSE regarding a significant movement in its share price and trading volumes. The company stated that it has made all required disclosures under SEBI list...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: May 10, 2026