GALLANTTBSEGallantt Ispat LtdMediumNeutral
Announced Tue, 12 May · 12:47 IST

Submission of the transcript of Earnings Conference Call with investors/analysts held on May 06, 2026.

Mgmt Guided Margin ImprovementAnalyst Day Multiyear TargetsOrder Pipeline DisclosedInvestor Communications View source PDF

GALLANTT · price

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Price reaction · full curve 14 horizons · vs prior close
-11.5%1-day move
₹899.00
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₹845.05
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AI summary

Gallantt Ispat held its first earnings call, reporting FY26 revenue of INR 4,419 crore (up 4% YoY) with EBITDA of INR 776 crore at 17.6% margin and PAT of INR 484 crore. EBITDA per ton improved to INR 8,785 from INR 8,300 in FY25. The company is executing a INR 3,000 crore capex program: steel capacity expanding to 1.3 million tons (H2 FY27), 78MW solar capacity (Q2-Q4 FY27), and four captive iron ore mines in UP and Rajasthan (FY28). Management guided revenue to INR 5,300-5,400 crore post-expansion and expects margins to improve from 15-17% to ~20% once mining integration is complete, targeting ~INR 2,000 per ton EBITDA improvement. The company is net cash surplus, debt-free, and plans to fund capex from internal accruals with no equity raise required for current phase. A medium-term growth plan will be presented in Q2 FY27.

Likely market impact

Strong operational execution and integration story with clear path to margin expansion and volume growth. Net cash position and self-funded capex reduce dilution risk for shareholders.