Gallantt Ispat logo

Gallantt Ispat share price

NSE: GALLANTTBSE: 532726Industrial ProductsSmall Cap

Formerly Gallantt Metal
Last close ₹541.85down ₹8.85 (1.61%)BSE ₹542.45

Share price at the NSE close on 23 Oct 2026. Previous close ₹550.70.

52-week range of traded prices to 23 Oct 2026
₹496.25Low, 18 Dec 2025₹948.00High, 16 Apr 2026
Market cap
₹13,074 Cr412th largest listed
P/E
32.1
P/B
3.7
Dividend yield
0.37%
ROE
12.4%
ROCE
12.3%
Debt to equity
0.17
Volume, NSE
8,63,0779.3% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

+0.8%over a year

ResultsDividend20-session average 42,04,998 shares a day, 29.1% delivered

Results

Standalone, as consolidated accounts are on record for only 7 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Sep 2026, against the quarter beforeFiled 20 Oct

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

Revenue by year

Net profit by year, a loss in red

The years either side of a change of basis do not compare. From the year to Mar 2022, the company's revenue for that year, ₹3,017 Cr, differs from its quarters added, ₹2,054 Cr.

₹ croreDec 2024Filed 5 FebMar 2025Filed 12 JunJun 2025Filed 29 JulSep 2025Filed 3 NovDec 2025Filed 4 FebMar 2026Filed 5 MayJun 2026Filed 27 JulSep 2026Filed 20 Oct
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.PE ratio and valuation history

Price to earnings

At or below today's level on 89% of 2,225 trading days over the last 10 years.

LowestHighest
Its median11.6Industry median17.3
Price to book

At or below today's level on 79% of 1,881 trading days since Oct 2018.

LowestHighest
Its median0.8Industry median1.5
EV to EBITDA21.0

At or below today's level on 91% of 1,881 trading days since Oct 2018.

LowestHighest
Its median8.3Industry median12.6
Dividend yield

At or below today's level on 79% of 2,378 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.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.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.

Mutual funds holding it

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.Mutual fund holdings

Bought for the first time
1
Added
12
Cut
27
Held unchanged
3
Fund
Nippon India Mutual Fund logoNippon India Nifty Smallcap 250 Index FundNippon India Mutual Fund46,1380.07%₹2.48 Cr
HDFC Mutual Fund logoHDFC Nifty Smallcap 250 ETFHDFC Mutual Fund36,1990.07%₹1.95 Cr
SBI Mutual Fund logoSBI Nifty Smallcap 250 Index FundSBI Mutual Fund23,4360.07%₹1.26 Cr
Nippon India Mutual Fund logoNippon India Nifty 500 Equal Weight Index FundNippon India Mutual Fund16,9110.20%₹0.91 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Nifty Smallcap 250 Index FundMotilal Oswal Mutual Fund16,6250.07%₹0.89 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Nifty Smallcap 250 Index FundICICI Prudential Mutual Fund10,5090.07%₹0.56 Cr
HDFC Mutual Fund logoHDFC Nifty Smallcap 250 Index FundHDFC Mutual Fund10,0780.07%₹0.54 Cr
Jio BlackRock Mutual Fund logoJioBlackRock Nifty Smallcap 250 Index FundJio BlackRock Mutual Fund5,2590.07%₹0.28 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Nifty 500 Index FundMotilal Oswal Mutual Fund4,7980.01%₹0.26 Cr
Edelweiss Mutual Fund logoEdelweiss Nifty Smallcap 250 Index FundEdelweiss Mutual Fund3,7140.07%₹0.20 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Iron & Steel Products, 146 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Gallantt Ispat in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Shyam Metalics and Energy logoShyam Metalics and EnergySHYAMMETL31,578–2.712.9+22.8%––11.8%0.40%
Ratnamani Metals & Tubes logoRatnamani Metals & TubesRATNAMANI16,21137.43.922.5−16.3%−24.1%11.2%13.2%0.43%
Jindal Saw logoJindal SawJINDALSAW14,84627.11.210.6−0.7%−60.1%4.4%6.7%0.86%
Usha Martin logoUsha MartinUSHAMART14,02027.74.217.8+8.5%+25.4%16.8%18.8%0.82%
Godawari Power and Ispat logoGodawari Power and IspatGPIL12,94916.12.29.7+8.4%+8.9%15.1%17.2%0.52%
Jayaswal Neco Industries logoJayaswal Neco IndustriesJAYNECOIND8,61212.52.66.3+18.3%+82.8%23.4%25.3%0.00%
Maharashtra Seamless logoMaharashtra SeamlessMAHSEAMLES7,1389.71.010.2−12.2%–11.2%8.4%1.88%
Sunflag Iron and Steel Company logoSunflag Iron and Steel CompanySUNFLAG6,75632.80.814.7+9.0%+4.6%2.3%3.9%0.27%
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.Dividend history and dates

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

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.Share news and 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 last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
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%
13 Oct 2026601.00613.65566.30588.05583.0352,11,7526.3%
12 Oct 2026524.95604.50520.20595.60575.792,32,63,1675.2%
9 Oct 2026513.80513.85500.00503.75505.9773,49831.4%
Prices in ₹ per share as traded, not adjusted.

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.

Legal name
Gallantt Ispat Limited
NSE symbol
GALLANTT
BSE code
532726
ISIN
INE297H01019
Industry
Industrial Products
Listed
Apr 2006
Face value
₹10
CIN
L27109UP2005PLC195660
Corporate identity number, the registrar of companies' code for it