GALLANTTNSEGallantt Ispat Limited· Steel And Steel ProductsMediumNeutral
Announced Tue, 12 May · 12:51 IST

Gallantt Ispat Limited has informed the Exchange about Transcript

Mgmt Guided Margin ImprovementAnalyst Day Multiyear TargetsInvestor Communications View source PDF

GALLANTT · price

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₹899.00
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₹842.20
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AI summary

Gallantt Ispat held its first earnings conference call reporting FY26 full-year revenue of INR 4,418.92 crores with 3.95% YoY growth. EBITDA stood at INR 776.04 crores (17.56% margin) and PAT at INR 484.27 crores (10.81% margin). EBITDA per ton improved from INR 8,300 in FY25 to INR 8,785 in FY26. The company announced a INR 3,000 crores capex program comprising steel capacity expansion to 1.3 million tons (INR 1,200 crores, H2 FY27), 78 MW solar capacity (INR 300 crores), and mine development in UP and Rajasthan (INR 1,500 crores, FY28). Management guided revenue to reach INR 5,300-5,400 crores and expects margin expansion to ~20% driven by INR 2,000 per ton cost savings from captive iron ore mines. Gallantt remains net cash surplus with zero term debt and ROCE improved to 23%.

Likely market impact

The company's INR 3,000 crores capex funded entirely from internal accruals, combined with clear margin expansion guidance to 20% and upcoming captive mine integration, signals strong operational leverage. Current 88% capacity utilization and market leadership in UP and Gujarat support the growth story.