Gallantt Ispat Ltd.

GALLANTTIndustrials filings

We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.

Earnings calls

4 transcript(s)/analyst meet(s) served; 2 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 4 documents here); elsewhere sentences render unattributed.

Kind	Date	Period	Served
COVER_LETTER	20260507	2026-03-31	no
TRANSCRIPT	20260512	2026-03-31	yes
COVER_LETTER	20260728	2026-06-30	no
TRANSCRIPT	20260804	2026-06-30	yes

GALLANTT

files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.

Identity


Statement division	general
Scope served	consolidated
Panels on this page	4

Market

No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.


Last close	545.25
52-week range	516.6 – 927.1
Return 1M	-6.23%
Return 3M	-23.33%
Return 1Y	-17.85%
Return 3Y	495.25%
Return 5Y	675.05%
Market capitalisation	not shown — we could not confirm it
Shares outstanding	not shown — we could not confirm it
P/E	not shown — we could not confirm it
P/B	not shown — we could not confirm it
EV/EBITDA	not shown — we could not confirm it

Latest quarter filed — period ending 2026-06-30

In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.


Revenue from operations	1,146.00
Other income	18.00
Total income	1,164.00
Cost of materials consumed	882.00
Purchases of stock-in-trade	9.00
Changes in inventories	-59.00
Employee benefit expense	39.00
Finance costs	8.00

Ownership — 2026-06-30, and the change from 2026-03-31

Holder	Per cent	Change
promoter and promoter group	0.70	0.00
institutions foreign	0.00	-0.00
institutions domestic	0.00	0.00
mutual funds	0.00	0.00
public	0.30	-0.00

Documents on file

Class	Most recent	On file
COVER_LETTER	2026-06-30	2
TRANSCRIPT	2026-06-30	2

Financial statements

Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.

Quarterly results, as filed

Line	2022-06-30	2022-09-30	2022-12-31	2023-06-30	2023-09-30	2023-12-31	2024-03-31	2024-06-30	2024-09-30	2024-12-31	2025-03-31	2025-06-30	2025-09-30	2025-12-31	2026-03-31	2026-06-30
Revenue from operations	1,021.00	931.00	1,006.00	1,036.00	950.00	1,063.00	1,177.00	1,160.00	943.00	1,118.00	1,072.00	1,128.00	1,013.00	1,074.00	1,205.00	1,146.00
Other income	1.00	4.00	1.00	1.00	2.00	1.00	3.00	1.00	2.00	1.00	12.00	7.00	13.00	15.00	25.00	18.00
Total income	1,022.00	936.00	1,007.00	1,037.00	952.00	1,064.00	1,181.00	1,161.00	945.00	1,119.00	1,084.00	1,135.00	1,026.00	1,089.00	1,229.00	1,164.00
Cost of materials consumed	817.00	820.00	776.00	825.00	719.00	828.00	866.00	804.00	727.00	819.00	702.00	800.00	730.00	782.00	868.00	882.00
Purchases of stock-in-trade	4.00	6.00	1.00	38.00	37.00	37.00	23.00	24.00	2.00	4.00	28.00	17.00	5.00	10.00	8.00	9.00
Changes in inventories	43.00	-54.00	50.00	7.00	-1.00	-20.00	-22.00	5.00	5.00	-29.00	21.00	-46.00	20.00	6.00	-10.00	-59.00
Employee benefit expense	20.00	21.00	22.00	25.00	26.00	28.00	29.00	28.00	30.00	30.00	32.00	31.00	34.00	33.00	42.00	39.00
Finance costs	4.00	7.00	8.00	6.00	7.00	8.00	8.00	6.00	5.00	5.00	5.00	6.00	9.00	13.00	14.00	8.00
Depreciation and amortisation	25.00	25.00	25.00	25.00	28.00	29.00	34.00	30.00	30.00	29.00	31.00	32.00	33.00	32.00	34.00	30.00
Other expenses	64.00	60.00	72.00	71.00	82.00	83.00	98.00	84.00	81.00	95.00	105.00	78.00	93.00	89.00	113.00	90.00
Total expenses	977.00	885.00	954.00	996.00	898.00	993.00	1,035.00	982.00	880.00	954.00	925.00	918.00	923.00	966.00	1,068.00	999.00
Profit before exceptional items and tax	45.00	50.00	53.00	41.00	54.00	71.00	145.00	179.00	65.00	165.00	159.00	216.00	103.00	123.00	162.00	165.00
Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	45.00	50.00	53.00	41.00	54.00	71.00	145.00	179.00	65.00	165.00	159.00	216.00	103.00	123.00	162.00	165.00
Current tax	6.00	7.00	8.00	7.00	-0.00	11.00	38.00	51.00	12.00	46.00	33.00	51.00	22.00	27.00	58.00	39.00
Deferred tax	14.00	16.00	25.00	4.00	8.00	7.00	12.00	7.00	5.00	5.00	9.00	-8.00	-6.00	-4.00	-20.00	2.00
Tax expense	20.00	23.00	32.00	10.00	7.00	19.00	50.00	57.00	16.00	51.00	42.00	43.00	16.00	23.00	39.00	41.00
Profit for the period	25.00	28.00	21.00	31.00	47.00	52.00	95.00	122.00	49.00	114.00	116.00	174.00	89.00	100.00	123.00	124.00
Profit attributable to owners	0.00	—	—	0.00	—	0.00	—	—	0.00	—	0.00	—	0.00	0.00	—	—
Profit attributable to non-controlling interests	0.00	—	—	0.00	—	0.00	—	—	0.00	—	0.00	—	0.00	0.00	—	—
Other comprehensive income	0.00	0.00	0.00	0.00	0.00	0.00	-0.00	0.00	1.00	-0.00	-1.00	1.00	-1.00	-0.00	1.00	1.00
Total comprehensive income	25.00	28.00	21.00	31.00	47.00	52.00	95.00	122.00	49.00	113.00	116.00	175.00	88.00	100.00	124.00	124.00
Earnings per share, basic	1.02	1.14	0.87	1.27	1.96	2.15	3.95	5.05	2.03	4.71	4.82	7.20	3.62	4.16	5.09	5.13
Earnings per share, diluted	0.00	1.14	0.87	1.27	1.96	2.15	3.95	5.05	2.03	4.71	4.82	7.20	3.62	4.16	5.09	5.13

Annual results, as filed

Line	2020-03-31	2021-03-31	2024-03-31	2025-03-31	2026-03-31
Revenue from operations	865.00	1,007.00	4,227.00	4,293.00	4,419.00
Other income	1.00	2.00	7.00	16.00	60.00
Total income	866.00	1,009.00	4,234.00	4,308.00	4,479.00
Cost of materials consumed	717.00	741.00	3,239.00	3,051.00	3,181.00
Purchases of stock-in-trade	2.00	9.00	135.00	58.00	40.00
Changes in inventories	-16.00	8.00	-36.00	2.00	-30.00
Employee benefit expense	29.00	33.00	108.00	120.00	140.00
Finance costs	6.00	10.00	28.00	22.00	42.00
Depreciation and amortisation	14.00	16.00	116.00	120.00	130.00
Other expenses	100.00	105.00	333.00	366.00	372.00
Total expenses	853.00	921.00	3,923.00	3,740.00	3,874.00
Profit before exceptional items and tax	13.00	88.00	311.00	568.00	604.00
Exceptional items	0.00	0.00	0.00	0.00	0.00
Profit before tax	13.00	88.00	311.00	568.00	604.00
Current tax	3.00	24.00	56.00	142.00	158.00
Deferred tax	3.00	7.00	30.00	25.00	-38.00
Tax expense	5.00	31.00	86.00	167.00	120.00
Profit for the period	22.00	81.00	225.00	401.00	484.00
Profit attributable to owners	0.00	0.00	—	0.00	—
Profit attributable to non-controlling interests	0.00	0.00	—	0.00	—
Other comprehensive income	0.00	0.00	0.00	0.00	0.00
Total comprehensive income	22.00	82.00	226.00	401.00	485.00
Earnings per share, basic	2.76	10.01	9.34	16.61	20.07
Earnings per share, diluted	2.76	10.01	9.34	16.61	20.07

Balance sheet, as filed

Line	2022-09-30	2023-09-30	2024-03-31	2024-09-30	2025-03-31	2025-09-30	2026-03-31
Total assets	2,819.00	3,070.00	3,136.00	3,326.00	3,548.00	4,103.00	4,270.00
Non-current assets	1,883.00	2,002.00	2,092.00	2,102.00	2,171.00	2,280.00	2,262.00
Current assets	936.00	1,068.00	1,044.00	1,224.00	1,377.00	1,823.00	2,007.00
Property, plant and equipment	1,477.00	1,741.00	1,757.00	1,716.00	1,697.00	1,890.00	1,773.00
Capital work-in-progress	212.00	79.00	122.00	221.00	318.00	172.00	349.00
Goodwill	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other intangible assets	179.00	151.00	137.00	124.00	110.00	96.00	82.00
Inventories	377.00	486.00	439.00	436.00	436.00	470.00	551.00
Trade receivables	136.00	158.00	109.00	184.00	90.00	132.00	178.00
Cash and cash equivalents	3.00	4.00	0.00	2.00	5.00	0.00	102.00
Total equity and liabilities	2,819.00	3,070.00	3,136.00	3,326.00	3,548.00	4,103.00	4,270.00
Equity	2,136.00	2,303.00	2,451.00	2,622.00	2,843.00	3,105.00	3,316.00
Equity share capital	241.00	241.00	241.00	241.00	241.00	241.00	241.00
Other equity	1,894.00	2,062.00	2,209.00	2,381.00	2,601.00	2,864.00	3,075.00
Total liabilities	684.00	767.00	685.00	704.00	706.00	998.00	953.00
Non-current liabilities	155.00	187.00	219.00	262.00	295.00	280.00	273.00
Current liabilities	528.00	580.00	466.00	442.00	411.00	718.00	680.00
Borrowings, non-current	108.00	100.00	100.00	100.00	103.00	103.00	103.00
Borrowings, current	332.00	390.00	362.00	307.00	275.00	554.00	445.00
Trade payables	152.00	0.00	57.00	0.00	91.00	0.00	172.00

Cash flow, as filed

Line	2021-09-30	2022-09-30	2023-09-30	2024-03-31	2024-09-30	2025-03-31	2025-09-30	2026-03-31
Net cash from operating activities	100.00	56.00	182.00	344.00	182.00	579.00	128.00	602.00
Net cash from investing activities	-33.00	-105.00	-125.00	-248.00	-117.00	-460.00	-398.00	-627.00
Net cash from financing activities	-66.00	43.00	-59.00	-102.00	-65.00	-114.00	266.00	121.00
Purchase of property, plant and equipment	11.00	107.00	91.00	199.00	115.00	242.00	101.00	348.00
Net increase in cash	1.00	-6.00	-1.00	-5.00	1.00	5.00	-5.00	96.00
con:CFO.BEFORE_TAX	107.00	75.00	206.00	399.00	224.00	683.00	178.00	729.00
con:INTEREST_RECEIVED.OPERATING	0.00	-1.00	0.00	0.00	0.00	0.00	0.00	0.00
con:INTEREST_PAID.OPERATING	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
con:DIVIDENDS_RECEIVED.OPERATING	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
con:TAX_PAID.OPERATING	7.00	19.00	23.00	54.00	42.00	105.00	50.00	127.00
con:CF_OTHER.OPERATING	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
con:INVESTMENTS_PURCHASED	0.00	0.00	16.00	50.00	17.00	0.00	75.00	0.00
con:INVESTMENTS_SOLD	0.00	0.00	0.00	0.00	0.00	13.00	0.00	0.00
con:PPE_DISPOSALS	0.00	0.00	6.00	6.00	0.00	0.00	2.00	110.00
con:CF_INVESTING.SUBSIDIARIES_SOLD	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
con:CF_INVESTING.JV_SOLD	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
con:CF_INVESTING.JV_ACQUIRED	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Who owns it

The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.

Holder	2023-03-31	2023-06-30	2023-09-30	2023-12-31	2024-03-31	2024-06-30	2024-09-30	2024-12-31	2025-03-31	2025-06-30	2025-09-30	2025-12-31	2026-03-31	2026-06-30
Promoter and promoter group	68.75	68.79	68.94	68.94	68.93	68.93	68.93	68.93	68.93	68.93	0.69	0.70	0.70	0.70
Domestic institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	0.00	0.00	0.00	0.00
Mutual funds	—	—	—	—	—	—	—	—	—	—	0.00	0.00	0.00	0.00
Insurance companies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
Foreign institutions	0.01	0.01	0.00	0.01	0.02	0.16	0.09	0.07	0.04	0.06	0.00	0.00	0.00	0.00
Government	—	—	—	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00
Public	31.25	31.21	31.06	31.06	31.07	31.07	31.07	31.07	31.07	31.07	0.31	0.30	0.30	0.30
Non-institutional	31.23	31.20	31.06	31.05	31.04	30.91	30.98	30.99	31.02	31.01	0.31	0.30	0.30	0.30
Shares outstanding	241280945	241280945	241280945	241280945	241280945	241280945	241280945	241280945	241280945	241280945	241280945	241280945	241280945	241280945

Related parties

Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.

Counterparty	Relationship	Type	Amount in the period	Transactions
Gallantt Foundation	Under Common Control	Any other transaction, Sale of goods or services	45,750,000.00	2
Gallantt Medicity Devlopers Private Limited	Director's Relative is a Director	Sale of goods or services	17,260,000.00	1
Ganesh Laxmi Processors Private Limited	One Director is common	Loan	12,500,000.00	1
Gallantt Industry Private Limited	Director's Relative is a Director	Purchase of goods or services, Sale of goods or serv	8,966,000.00	2
Gallantt Lifespace Devlopers Private Limited	Director's Relative is a Director	Loan, Sale of goods or services	5,629,000.00	2
Chandra Prakash Agrawal	Key Managerial Personnel	Remuneration	3,300,000.00	1
Dinesh R Agarwal	Key Managerial Personnel	Remuneration	3,300,000.00	1
Nitin Mahavir Prasad Kandoi	Key Managerial Personnel	Remuneration	3,300,000.00	1
Prem Prakash Agrawal	Key Managerial Personnel	Remuneration	3,150,000.00	1
Nitesh Kumar	Key Managerial Personnel	Remuneration	2,280,000.00	1
Sandip Kumar Agarwal	Key Managerial Personnel	Remuneration	1,566,000.00	1
Mayank Agrawal	Key Managerial Personnel	Remuneration	1,200,000.00	1
Prashant Jalan	Key Managerial Personnel	Remuneration	600,000.00	1

What management said

Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.

Date	Quarter
2026-08-04	Q1FY27	Read the call
2026-05-12	Q4FY26	Read the call
2026-05-07	Q4FY26	Read the call

Some earlier announcements under this heading are covering letters only — no transcript was attached.

What they said about it, quarter by quarter

Topic	Q1FY27	Q4FY26
Capex	While there is no change to report, we remain free of term debt and our capex continues to be funded through internal accruals.	How are you funding your capex with which you are expanding your capacity?
Capital allocation	—	So definitely we’ll like to go for acquisition of more mines so that the integration story is complete.
Costs	This was driven primarily by higher coal prices compounded by the impact of the ongoing geopolitical tensions, including the Middle East conflict, on …	—
Debt and cash	We remain net debt-free as of June 30, 2026, with borrowings continued to be limited to working capital facilities availed in the normal course of bus…	One is in your balance sheet I can see that and the cash flow also, INR 294 crores or INR 297 crores have been given some by way of loans.
Demand	The global steel industry continues to be impacted by excess production in China and weak demand from its real estate sector.	As part of treasury management, we have deployed the money in the intercorporate market at an interest rate of 12%, and this amount is payable on dema…
Guidance	With the shutdown now complete, we expect this pressure to ease and the plants to run to normal captive route, normalized utilization in the coming qu…	And we expect that sometime in Q2, we should be coming back to you guys to inform what is our medium to long-term plan.
Margin	The third pillar, which is the margin expansion.	So Jinal, I think maybe so long there is opportunity to sell in India, and unless it is compelling by way of added margin, there is no reason for us t…
People	One area we are watching closely is the utilization of rolling mill unit at our Kutch facility, which was at around 66% capacity utilization, which co…	And sir, when you said you want you plan to increase the capacity from 1 million ton to 1.3 million ton, so what is the peak utilization level that yo…
Pricing	Second is some concentrate from Madhya Pradesh region where there are multiple suppliers, not a specific big supplier, depending on the pricing.	—
Revenue growth	Raw material cost was up 9% year-on-year, outpacing our revenue growth of 3% and was also up modestly on a sequential basis despite lower sales volume…	—