Submission of Press Release/Media Release relating to the Audited Financial Results for the quarter and year ended 31st March, 2026.
GALLANTT · price
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Gallantt Ispat reported strong FY26 results with revenue of ₹4418.9 Cr (up 2.9% YoY) and PAT of ₹484.3 Cr, a 20.8% jump over FY25. EBITDA margin remained healthy at 17.6%, while EBITDA per tonne improved to ₹8785 from ₹8308 due to integration benefits and cost efficiencies. Q4 FY26 revenue grew 12.4% YoY to ₹1204.8 Cr with PAT of ₹122.8 Cr. The company operates as a net cash, zero debt entity and has an ongoing ₹3000 Cr capex programme for capacity expansion from 1.0 to 1.29 MMTPA, expected to commission in H2 FY2027. Iron ore mines in Rajasthan and Uttar Pradesh will be operational by FY2028, targeting ₹2000/tonne EBITDA improvement.
The company demonstrated resilient profitability despite weak steel prices, driven by its integrated manufacturing model. The expansion plans and iron ore mine development signal strong future growth potential, making this a positive development for shareholders.