Gallantt Ispat logo

Gallantt Ispat share price

NSE: GALLANTTBSE: 532726Industrial ProductsSmall Cap

Gallantt Ispat Limited · Formerly Gallantt Metal · Face value ₹10 · Listed Apr 2006
Last close ₹537.20down ₹4.55 (0.84%)BSE ₹536.70

Share price at the NSE close on 28 Oct 2026. Previous close ₹541.75.

28 Oct: open ₹537.00, high ₹547.05, low ₹534.50

52-week range of traded prices to 28 Oct 2026
₹496.25Low, 18 Dec 2025₹948.00High, 16 Apr 2026
Market cap
₹12,962 Cr412th largest listed
P/E
31.81
P/B
3.72
Dividend yield
0.37%
ROE
12.4%
ROCE
12.3%
Debt to equity
0.17
Volume, NSE
2,14,12924.6% delivered

Gallantt Ispat share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

+0.4%over a year · Nifty Smallcap 100 +1.2% · Nifty 500 −8.8%

ResultsDividend20-session average 42,52,950 shares a day, 24.7% delivered

About Gallantt Ispat

Gallantt Ispat Limited is an integrated steel maker serving India's construction and infrastructure needs. Its products are pellets, sponge iron, MS billets and TMT rebars, with finished steel as the principal external product. Rebars are sold under two brands, GALLANTT and GALLANTT ADVANCE.

The operations span pellets, sponge iron, steel melting, rolling mills and captive power. They run at two fully integrated units: one at Sahjanwa, Gorakhpur, in Uttar Pradesh, on 112 acres, and one at Samakhyali, Bhachau, in Kutch, Gujarat, on 116 acres. The Gorakhpur unit operates its own private railway siding for the bulk movement of iron ore and coal.

Sales run through a dealer-led network across Uttar Pradesh and Gujarat, the company's two core markets. The network has 34 distributors, and sales offices are at Lucknow and Ahmedabad.

The Gallantt name dates to 1984. Commercial steelmaking began in 2005 with a 1.7 lakh tonne integrated plant and captive power at Kutch. A second integrated plant followed at Gorakhpur in 2009. Under a scheme of amalgamation sanctioned by the National Company Law Tribunal, New Delhi Bench, by order dated 20 May 2022, the businesses were consolidated and the company took its present name. It has a wholly owned subsidiary, Suryalaxmi Technologies Private Limited. The company's promoter family is actively involved in it. A promoter is the person or group that set up a company or controls it. Mr. Chandra Prakash Agrawal leads the company as Chairman and Managing Director.

Written from the annual report for the year to Mar 2026, filed 7 Sep 2026 and the investor presentation.

Sources for 25 statements, each with its page
  1. Integrated steel business serving construction and infrastructure. Annual report, page 6
  2. Operations form an integrated steel business. Annual report, page 6
  3. Products include pellets, sponge iron, MS billets and TMT rebars; finished steel is the principal external product. Annual report, page 6
  4. Brand GALLANTT. Annual report, page 6
  5. Brand GALLANTT ADVANCE. Annual report, page 6
  6. Operations span sponge iron, steel melting, rolling mills and captive power. Annual report, page 6
  7. Both units are fully integrated; Kutch unit at Samakhyali, Bhachau. Annual report, page 6
  8. Kutch unit spans 116 acres; Gorakhpur unit at Sahjanwa. Annual report, page 6
  9. Production platform spans 112 acres at Gorakhpur. Annual report, page 6
  10. Gorakhpur unit has its own private railway siding. Annual report, page 6
  11. Railway siding is for bulk inward movement of iron ore and coal. Annual report, page 6
  12. Dealer-led network. Annual report, page 6
  13. Two core markets are Uttar Pradesh and Gujarat. Annual report, page 6
  14. 34 distributors. Annual report, page 6
  15. Sales offices at Lucknow and Ahmedabad. Annual report, page 6
  16. Gallantt name dates to 1984. Annual report, page 6
  17. Commercial steelmaking began in 2005. Annual report, page 6
  18. Plant at Kutch with captive power. Annual report, page 6
  19. Second integrated plant at Gorakhpur in 2009. Annual report, page 6
  20. NCLT order dated 20 May 2022. Annual report, page 6
  21. Businesses consolidated and company took present name. Annual report, page 6
  22. Wholly owned subsidiary Suryalaxmi Technologies. Annual report, page 8
  23. Promoter family actively involved. Annual report, page 6
  24. Chandra Prakash Agrawal leads as Chairman and Managing Director. Annual report, page 6
  25. Chairman and Managing Director. Annual report, page 6

Results

Standalone, as consolidated accounts are on record for only 7 of the last ten years; ₹ crore.Gallantt Ispat quarterly results

Revenue growth, 12 months
+5.5%
Net profit growth, 12 months
−17.3%

Quarter to Sep 2026, against the quarter before

Revenue
₹1,146 Crup 0.02%
Net profit
₹61 Crdown 51.07%
Net margin
5.3%

Revenue by quarter

₹1,118 CrDec 24₹1,072 CrMar 25₹1,128 CrJun 25₹1,013 CrSep 25₹1,074 CrDec 25₹1,205 CrMar 26₹1,146 CrJun 26₹1,146 CrSep 26
Peak revenue ₹1,205 Cr, quarter to Mar 2026; lowest ₹1,013 Cr, quarter to Sep 2025

Net profit by quarter, a loss in red

₹114 CrDec 24₹116 CrMar 25₹174 CrJun 25₹87 CrSep 25₹100 CrDec 25₹123 CrMar 26₹124 CrJun 26₹61 CrSep 26
₹ croreDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Revenue1,1181,0721,1281,0131,0741,2051,1461,146
Net profit1141161748710012312461
Net margin10.2%10.8%15.4%8.6%9.4%10.2%10.8%5.3%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, TMT, which carries all its revenue.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2022: days before it are of the company before the change.Gallantt Ispat PE ratio and valuation

Price to earnings

At or below today's level on 89% of 2,223 trading days over the last 10 years.

LowestHighest
Its median11.60Industry median17.44
Price to book

At or below today's level on 79% of 1,884 trading days since Oct 2018.

LowestHighest
Its median0.85Industry median1.53
Dividend yield

At or below today's level on 79% of 2,376 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median0.52%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+44.2%+20.8%+19.1%0.4%
3 years+114.8%+50.9%+42.1%0.4%
5 years+66.2%+23.5%+34.3%0.2%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Gallantt Ispat shareholding pattern

Shareholding by group

  • Promoters70.98%
  • Foreign institutions0.03%
  • Indian institutions0.09%
  • Individuals and others28.90%
Holder
GALLANTT TRUSTPromoter60.05%
NIHON IMPEX PRIVATE LIMITEDCompanies17.60%
DINESH KUMAR AGARWALPromoter5.81%
SHWETA GUPTAResident individuals, over ₹2 lakh at face value3.81%
CP AGRAWAL DAUGHTERS TRUSTPromoter2.07%
ASHWIN GUPTAResident individuals, over ₹2 lakh at face value1.28%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters +0.95 pts, foreign institutions +0.01 pts, Indian institutions +0.01 pts, mutual funds unchanged.

Mutual fund holdings

43 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 39 of the 39 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 43 funds holding Gallantt Ispat

Bought for the first time
1
Added
12
Cut
27
Held unchanged
3
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 28 Oct 2025.Gallantt Ispat insider trading

Bought on the market Sold on the market
  • Promoters and promoter group25 purchases, 1 sale₹99 Cr₹150 CrNet−₹51 Cr6 pledge filings of unclear kind · 31 off-market moves
  • Directors and key managers2 purchases, 0 sales₹0.10 CrNo saleNet₹0.10 Cr
  • Others7 purchases, 0 sales₹0.56 CrNo saleNet₹0.56 Cr1 pledge filing of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Gallantt Ispat competitors and peers

Iron & Steel Products, 146 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Gallantt Ispat in market cap.Capital goods stocks

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Ratnamani Metals & Tubes logoRatnamani Metals & TubesRATNAMANI16,19137.403.94−16.3%−24.1%11.2%13.2%0.43%
Jindal Saw logoJindal SawJINDALSAW15,41528.101.22−0.7%−60.1%4.4%6.7%0.83%
Usha Martin logoUsha MartinUSHAMART14,14327.894.28+8.5%+25.4%16.8%18.8%0.81%
Godawari Power and Ispat logoGodawari Power and IspatGPIL13,00816.122.24+8.4%+8.9%15.1%17.2%0.52%
Jayaswal Neco Industries logoJayaswal Neco IndustriesJAYNECOIND8,68212.612.62+18.3%+82.8%23.4%25.3%0.00%
Maharashtra Seamless logoMaharashtra SeamlessMAHSEAMLES7,2389.821.05−12.2%–11.2%8.4%1.85%
Sunflag Iron and Steel Company logoSunflag Iron and Steel CompanySUNFLAG7,10434.520.80+9.0%+4.6%2.3%3.9%0.25%
Aeroflex Industries logoAeroflex IndustriesAEROFLEX6,51472.8013.10+55.0%+87.0%20.9%24.1%0.08%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Gallantt Ispat dividend history

Dividend per share, ₹, restated for later splits and bonuses

Mar 170.3Mar 180.3Mar 19Mar 20Mar 21Mar 22Mar 231Mar 241.3Mar 252Mar 26
Highest ₹2.00 a share, year to Mar 2026.
Ex-dateTypePer share
23 Sep 2026Final₹2.00
12 Sep 2025Final₹1.25
23 Sep 2024Final₹1.00
18 Sep 2019Final₹0.25
18 Sep 2018Final₹0.25
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Gallantt Ispat announcements

Gallantt Ispat share price by year

Each calendar year to 2025.Gallantt Ispat share price history

YearClose at year endChangeHighest closeLowest close
2025538.05+55.8%784.85301.10
2024345.35+92.1%392.35175.45
2023179.80+190.0%186.6552.25
202262.00−14.8%82.7555.20
202172.80+87.6%84.9038.75
202038.80+33.3%40.4019.40
201929.10−48.2%57.8024.45
201856.20+68.0%62.1036.95
201733.45−15.1%48.3033.45
201639.40+11.1%52.0024.90
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2017 close is its last trade, on 4 Dec 2017.

Recent sessions

The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 2026539.20552.40534.40541.75541.823,90,08117.0%
26 Oct 2026530.00551.50530.00538.35540.254,86,66313.4%
23 Oct 2026541.65547.80523.85541.85535.498,63,0779.3%
22 Oct 2026573.90574.00544.15550.70557.7613,06,4279.9%
21 Oct 2026599.00614.00570.10583.10589.1637,98,4678.0%
19 Oct 2026610.65678.85584.65626.20648.831,73,27,9025.5%
16 Oct 2026625.40626.00601.50609.40610.0723,88,2288.7%
15 Oct 2026565.95647.70561.00628.15629.592,84,05,8714.0%
14 Oct 2026580.00586.00561.00567.70570.198,95,68217.4%
Prices in ₹ per share as traded, not adjusted.

Company details

Chairperson and managing director
Chandra Prakash Agrawal
At the end of the quarter to Jun 2026
NSE symbol
GALLANTT
BSE code
532726
ISIN
INE297H01019
Industry
Industrial Products
CIN
L27109UP2005PLC195660
Corporate identity number, the registrar of companies' code for it
Incorporated
2005
Registered office
GALLANTT HOUSE, I-7, Jungpura Extension, New Delhi 110014, Delhi
Share registrar
Niche Technologies Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments