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Incorporated in 2005,Gallantt Ispat Limited is a leading Iron and Steel manufacturing Company located in Eastern Uttar Pradesh. The Co is engaged in the business of Iron & Steel, Agro, Power and Real Estate.
Gallantt Ispat is the preferred bidder for a Madhya Pradesh coal block, securing it with a 6.5% revenue share. This marks a significant business development, with the company now evaluating next steps for the block's development.
Gallantt Ispat's Q1FY27 financials show revenue at ₹1146 Cr, EBITDA at ₹203 Cr (18% margin), and PAT at ₹124 Cr (11% margin). Results reflect softer steel prices and a planned pellet plant shutdown. The ₹3000 Cr expansion remains on track for H2 FY27.
Gallantt Ispat reported Q1 FY27 Revenue of ₹1146 Cr, EBITDA of ₹203 Cr (18% margin), and PAT of ₹124 Cr. Softer steel prices and a planned pellet plant shutdown impacted results. Its ₹3,000 Cr expansion remains on track for H2 FY27.
Gallantt Ispat's FY26 PAT grew 20.8% to ₹484.3 Cr, with Q4 Revenue at ₹1204.8 Cr, driven by an integrated model and cost efficiencies. A ₹3000 Cr capex for 29% capacity expansion by H2 FY27 and mine development by FY28 is on track, funded internally.
Gallantt Ispat reported strong production growth in Q4 and FY26. Steel production increased 9% in Q4 and 3% for the full year. Pellets output surged 59% in Q4. Overall sales volumes also grew, with Q4 capacity utilization at 91%, signaling robust operations.