# GALLANTT (GALLANTT) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/gallantt

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹549.6
- Change: +2.21%
- As of: 2026-09-18
- 1D return: +1.76%
- 5D return: -1.10%
- 1M return: -6.05%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, GALLANTT's technical stance is predominantly bearish across daily, weekly, and monthly timeframes, with the current price of ₹547.15 trading below key moving averages and trend indicators on all observed periods. Daily momentum indicators suggest a weakening trend, with the ADX at 18.93 and the minus DI (24.63) above the plus DI (16.43). Weekly and monthly trends also show bearish Supertrend signals, indicating sustained downward pressure. The stock is currently positioned below its 20-day, 50-day, and 200-day simple moving averages (SMAs) and exponential moving averages (EMAs) on the daily chart, reinforcing the bearish outlook. Recent weekly patterns include an active Doji and Harami formation, suggesting potential indecision or reversal signals within the broader downtrend. The stock's risk profile includes an annualized volatility of 54% and a current drawdown of -41%, highlighting elevated risk.

Nearest support is observed at ₹536.23 (pivot level), approximately 2.0% below the current price. Resistance is noted at ₹551.47, about 0.79% above the current price, followed by ₹562.77. The price is currently trading within its 20-day range, approximately 34% of the way from the low to the high of that period. The confluence of bearish signals across multiple timeframes, coupled with the proximity of resistance levels, suggests that the current technical setup favors caution.

- Current price of ₹547.15 on September 18, 2026, is below daily, weekly, and monthly trend indicators.
- Nearest support level identified at ₹536.23.
- Nearest resistance level identified at ₹551.47.
- Weekly chart shows active Doji and Harami patterns.
- Annualized volatility stands at 54% with a current drawdown of -41%.

- Doji
- Harami
- Outside Bar
- Shooting Star

### News Context

Gallantt Ispat Limited is preparing for its 22nd Annual General Meeting (AGM) on September 30, 2026, which will be held via video conference. The meeting agenda includes the adoption of financial statements for the fiscal year ended March 31, 2026, and a proposed final dividend of ₹2 per equity share, subject to shareholder approval. The company has set September 23, 2026, as the record date for dividend eligibility. Key items for shareholder vote also include the re-appointment of an Executive Director, the appointment of M/s. Singhi & Co. as statutory auditors for a five-year term, and the approval of material related party transactions with Gallantt Industry Private Limited and Gallantt Lifespace Private Limited, each potentially up to ₹900 crore. Shareholders will also vote on appointing cost auditors for the upcoming fiscal year. The company has facilitated shareholder access to the Annual Report and AGM notice through web-link letters dispatched on September 7, 2026.

- Gallantt Ispat Limited will hold its 22nd Annual General Meeting on September 30, 2026, via video conference.
- The Board has recommended a final dividend of ₹2 per equity share for the financial year ended March 31, 2026.
- The record date for dividend eligibility is September 23, 2026.
- Shareholders will vote on appointing M/s. Singhi & Co. as statutory auditors for a five-year term.
- Approval is sought for material related party transactions with Gallantt Industry Private Limited and Gallantt Lifespace Private Limited, each up to ₹900 crore.

- Gallantt Ispat Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Gallantt Ispat Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Gallantt Ispat Limited has informed the Exchange about Notice of Shareholders Meeting for Annual General Meeting to be held on 30-Sep-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL
- Gallantt Ispat Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 30, 2026 |SUBJECT: Shareholders meeting
- Gallantt Ispat Limited has informed the Exchange that Record date for the purpose of Dividend is 23-Sep-2026. |SUBJECT: Record Date

### What Changed

As of September 18, 2026, Gallantt Ispat's stock traded at ₹547.15, a slight increase from its previous price of ₹537.7. The available evidence does not indicate any new filings or news developments for the company. The company's profile on the NSE remains unchanged in the provided context.

- On 2026-09-18, Gallantt Ispat's stock price was ₹547.15.
- The stock price on 2026-09-17 was ₹537.7.
- No new filings were reported for Gallantt Ispat as of 2026-09-18.
- No new news developments were reported for Gallantt Ispat as of 2026-09-18.
- Gallantt Ispat is listed on the NSE.

### Official Filings

Gallantt Ispat Limited is preparing for its 22nd Annual General Meeting (AGM) on September 30, 2026, which will be held via video conference. A key agenda item is the proposed declaration of a final dividend of ₹2 per equity share for the fiscal year ended March 31, 2026. This dividend is subject to shareholder approval. The company has set September 23, 2026, as the record date to determine eligibility for this dividend, with the register of members closing from September 24 to September 30, 2026. Shareholders will also vote on appointing M/s. Singhi & Co. as statutory auditors for a five-year term and approving material related party transactions, each up to ₹900 crore, with Gallantt Industry Private Limited and Gallantt Lifespace Private Limited. The company also clarified recent financial reporting for the quarter ended June 30, 2026, stating that its standalone and consolidated results were identical due to its subsidiary, Suryalaxmi Technologies Private Limited, having no revenue or profit, and confirmed compliance with accounting standards.

- The 22nd Annual General Meeting is scheduled for September 30, 2026, to be conducted via video conference.
- A final dividend of ₹2 per equity share for the fiscal year ended March 31, 2026, is proposed, subject to shareholder approval.
- The record date for dividend eligibility is September 23, 2026; the book closure period is from September 24 to September 30, 2026.
- Shareholders will consider appointing M/s. Singhi & Co. as statutory auditors for a five-year term.
- Approval will be sought for material related party transactions with Gallantt Industry Private Limited and Gallantt Lifespace Private Limited, each up to ₹900 crore.

- Gallantt Ispat Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Gallantt Ispat Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Gallantt Ispat Limited has informed the Exchange about Notice of Shareholders Meeting for Annual General Meeting to be held on 30-Sep-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL
- Gallantt Ispat Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 30, 2026 |SUBJECT: Shareholders meeting
- Gallantt Ispat Limited has informed the Exchange that Record date for the purpose of Dividend is 23-Sep-2026. |SUBJECT: Record Date
- Gallantt Ispat Limited has informed the Exchange regarding 'Intimation regarding fixation of book closure for the purposes of AGM and Final Dividend'. |SUBJECT: Updates
- AS ON DATE : 07-SEP-26
- The Exchange had sought clarification from Gallantt Ispat Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: The response of the Company is enclosed. |SUBJECT: Reply to Clarification- Financial results
- The Exchange has sought clarification from Gallantt Ispat Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company is required to clarify the following: The response of the Company is awaited. |SUBJECT: Clarification - Financial Results

### Fundamentals

Gallantt Ispat reported a steady performance in its most recent quarterly results. Profit Before Tax (PBT) showed an upward trend, increasing from ₹123.04 crore in Q3 FY2025-26 to ₹164.81 crore in Q1 FY2026-27. This growth in PBT was accompanied by a corresponding rise in Tax Expense, which moved from ₹22.63 crore to ₹41.15 crore over the same periods. Consequently, the Profit After Tax (PAT), or Profit Loss For Period, also saw an increase, reaching ₹123.67 crore in Q1 FY2026-27 from ₹100.41 crore in Q3 FY2025-26. The company's Comprehensive Income for the period followed a similar pattern, rising to ₹124.19 crore in Q1 FY2026-27. Basic Earnings Per Share (EPS) also reflected this positive trajectory, growing to ₹5.13 per share in Q1 FY2026-27 from ₹4.16 per share in Q3 FY2025-26. Other Comprehensive Income showed some fluctuation, moving from a negative ₹34.76 lakh in Q3 FY2025-26 to positive figures in subsequent quarters.

- Profit Before Tax increased from ₹123.04 crore in Q3 FY2025-26 to ₹164.81 crore in Q1 FY2026-27.
- Profit After Tax (PAT) grew to ₹123.67 crore in Q1 FY2026-27 from ₹100.41 crore in Q3 FY2025-26.
- Basic Earnings Per Share rose to ₹5.13 per share in Q1 FY2026-27 from ₹4.16 per share in Q3 FY2025-26.
- Other Comprehensive Income was ₹-34.76 lakh in Q3 FY2025-26, ₹72.96 lakh in Q4 FY2025-26, and ₹52.18 lakh in Q1 FY2026-27.

### Bull Case

The company's stock has shown a positive return of 2% year-to-date as of September 18, 2026. Over the longer term, the stock has generated a return of 53% since its inception, indicating historical growth. However, recent performance shows a decline, with a 5% decrease in the last month and a 26% decrease over the last three months. Technical indicators on a daily timeframe suggest a bearish trend, with the 20-day Exponential Moving Average (EMA) at 559.53 and the 50-day Simple Moving Average (SMA) at 588.61, both above the current closing price of 547.15. The Supertrend indicator is also in a bearish direction. Similar bearish signals are observed on the weekly and monthly timeframes.

- Year-to-date return as of September 18, 2026, was 2%.
- Return since inception was 53%.
- Monthly return as of September 18, 2026, was -5%.
- Three-month return as of September 18, 2026, was -26%.

### Bear Case

The company's technical indicators suggest a prevailing bearish trend across multiple timeframes. Daily, weekly, and monthly trends are all indicated as bearish, with Exponential Moving Averages (EMAs) and Simple Moving Averages (SMAs) generally trending downwards. The Supertrend indicator is also showing a bearish direction on all observed timeframes. Furthermore, the stock has experienced a significant drawdown of -41%, with a maximum drawdown of -44%, indicating substantial past price depreciation. The annualized volatility stands at 54%, suggesting a high degree of price fluctuation.

- The Supertrend indicator is bearish on daily, weekly, and monthly timeframes as of September 18, 2026.
- The stock has experienced a current drawdown of -41% and a maximum drawdown of -44%.
- Annualized volatility is recorded at 54%, indicating significant price fluctuations.
- The 1-year return for the stock was -18% as of September 18, 2026.

### FAQs

**What is the company's dividend policy for the fiscal year ended March 31, 2026?**

Gallantt Ispat Limited's Board has recommended a final dividend of ₹ 2 per equity share for the fiscal year ended March 31, 2026. This recommendation is subject to approval from the shareholders at the Annual General Meeting. The record date for determining eligibility for this dividend is September 23, 2026.

**What key corporate actions are scheduled for Gallantt Ispat Limited's upcoming Annual General Meeting (AGM)?**

Gallantt Ispat Limited's 22nd AGM is scheduled for September 30, 2026, to be held via video conference. The agenda includes the adoption of audited financial statements for the year ended March 31, 2026, the declaration of a final dividend of ₹ 2 per share, and the re-appointment of Executive Director Prem Prakash Agrawal. Shareholders will also vote on appointing M/s. Singhi & Co. as statutory auditors for a five-year term and approving material related party transactions with Gallantt Industry Private Limited and Gallantt Lifespace Private Limited.

**What is the current technical trend and key price levels for Gallantt Ispat?**

As of September 18, 2026, the daily trend for Gallantt Ispat indicates a bearish Supertrend direction with the Supertrend indicator at 588.27. The closing price was ₹ 547.15, below the 20-day Exponential Moving Average (EMA) of ₹ 559.53 and the 50-day EMA of ₹ 589.34. Key support levels are identified around ₹ 536.23 and ₹ 522.47, while resistance is noted near ₹ 551.47 and ₹ 562.77.

**How has Gallantt Ispat's stock performed over different periods?**

As of September 18, 2026, Gallantt Ispat's stock has shown a Year-to-Date (YTD) return of 2% and a 1-year return of -18%. The stock has returned 2% over the last month, -5% over the last 3 months, and -26% over the last 6 months. Since its inception, the stock has delivered a return of 53%.

- Gallantt Ispat Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Gallantt Ispat Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Gallantt Ispat Limited has informed the Exchange about Notice of Shareholders Meeting for Annual General Meeting to be held on 30-Sep-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL
- Gallantt Ispat Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 30, 2026 |SUBJECT: Shareholders meeting
- Gallantt Ispat Limited has informed the Exchange that Record date for the purpose of Dividend is 23-Sep-2026. |SUBJECT: Record Date
## Technical analytics

- As of: 2026-09-18
- Daily trend: Strong Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹536.23
- Risk regime: Higher Price Risk

### Support levels
- 520.075
- 461.1
- 438.35

### Resistance levels
- 562.775
- 576.2203125000001
- 587.85625

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +1.76% |
| return_10 | -4.45% |
| return_1m | -5.06% |
| return_1y | -18.47% |
| return_20 | -6.05% |
| return_3m | -25.94% |
| return_5 | -1.10% |
| return_6m | -1.57% |
| return_since_start | +53.26% |
| return_ytd | +1.55% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -43.78% |
| annualized_volatility | +53.74% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Profit Declines 29% Year-Over-Year While Revenue Grows Marginally

Gallantt Ispat's net profit for Q1 FY2026-27 fell to ₹123.67 crore, a 29% decline from ₹173.79 crore in the same quarter last year, even as revenue from operations increased 1.6% to ₹1,145.67 crore. This divergence points to significant margin compression. Sequentially from the preceding quarter, however, net profit was essentially flat (up 0.7%), and revenue declined 4.9%, suggesting the business has stabilized at lower profitability levels after the exceptionally profitable Q1 of last year.

## Revenue and Profit Trends

Revenue from operations for Q1 FY2026-27 was ₹1,145.67 crore, 1.6% higher than the ₹1,127.78 crore reported in Q1 FY2025-26 but 4.9% lower than the ₹1,204.81 crore recorded in Q4 FY2025-26. Over the last five quarters, revenue has ranged between ₹1,012.75 crore and ₹1,204.81 crore, with the current quarter landing near the middle of that band.

Profit before tax (PBT) of ₹164.81 crore was 23.8% lower than the ₹216.37 crore in Q1 last year, though it increased 2.0% from ₹161.61 crore in Q4. The net profit of ₹123.67 crore followed a similar pattern: a 28.8% decline year-over-year but a 0.7% increase sequentially.

The year-over-year comparison reveals that the prior-year first quarter was an outlier. PBT in that quarter was ₹216.37 crore, the highest among the five quarters tracked. The subsequent quarters recorded PBT of ₹103.01 crore, ₹123.04 crore, and ₹161.61 crore, before the current quarter's ₹164.81 crore. The current quarter's performance is therefore a continuation of the recovery from the Q2 low, not a new deterioration.

## Profitability and Margin Compression

The divergence between a 1.6% revenue increase and a 23.8% PBT decline year-over-year indicates that costs rose faster than revenue. The PBT margin fell from 19.2% in Q1 FY2025-26 to 14.4% in Q1 FY2026-27. The net profit margin dropped from 15.4% to 10.8% over the same period.

Sequentially, the margin story is more stable. PBT margin improved from 13.4% in Q4 FY2025-26 to 14.4% in the current quarter, and net profit margin rose from 10.2% to 10.8%. This suggests that the sharp margin compression occurred between Q1 and Q2 of the previous fiscal year, and margins have since fluctuated within a narrower range.

The effective tax rate increased from 19.7% in Q1 FY2025-26 to 25.0% in the current quarter, which amplified the net profit decline relative to the PBT decline. Tax expense of ₹41.15 crore was 3.4% lower than the ₹42.58 crore in Q1 last year, but the tax rate rose because the tax base (PBT) fell faster than the absolute tax amount.

## Cost Structure

Cost of materials consumed for the current quarter was ₹882.36 crore, representing 77.0% of revenue from operations. This reflects the significant raw material costs typical of an integrated steel manufacturer.

Other expenses of ₹89.57 crore increased 15.2% from ₹77.72 crore in Q1 FY2025-26, contributing to the year-over-year margin compression. However, other expenses decreased 20.5% from ₹112.72 crore in Q4 FY2025-26, a quarter where they were unusually elevated. The current quarter's level is between the Q1 and Q2 values of last year, suggesting a partial normalization after the Q4 spike.

Finance costs of ₹8.47 crore were 50.1% higher than the ₹5.65 crore in Q1 last year but 38.3% lower than the ₹13.72 crore in Q4. The sequential decline is notable and partially offsets the impact of higher other expenses when comparing the current quarter to the preceding quarter.

## Key Takeaway

Gallantt Ispat's Q1 FY2026-27 performance marks a significant year-over-year profit decline despite marginally higher revenue, driven by cost increases that compressed margins from 19.2% to 14.4% at the pre-tax level. The effective tax rate also rose, widening the net profit decline to 29%. Sequentially, however, the quarter shows stability: revenue declined modestly from Q4 but profits held steady, and the key expense items of other expenses and finance costs both improved from their Q4 levels. The prior-year first quarter was the most profitable period in the five-quarter track, making the year-over-year comparison a story of normalization rather than a new deterioration.

### Ratios

## Official filings

- 2026-09-11 — Generic Announcement: Gallantt Ispat Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/GALLANTT_11092026185352_GIL_11092026.pdf)
- 2026-09-08 — Generic Announcement: Gallantt Ispat Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/GALLANTT_08092026235621_GIL_08092026.pdf)
- 2026-09-07 — Generic Announcement: Gallantt Ispat Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_2385_WebXMLFile_20260907_204154339.xml)
- 2026-09-07 — Generic Announcement: Gallantt Ispat Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/GALLANTT_07092026203844_Gallantt_Notice.pdf)
- 2026-09-07 — Generic Announcement: Gallantt Ispat Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/GALLANTT_07092026210428_Gallantt_07092026.pdf)
- 2026-09-07 — Generic Announcement: Gallantt Ispat Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/GALLANTT_07092026211159_Gallantt_07092026.pdf)
- 2026-09-07 — Generic Announcement: Gallantt Ispat Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_2385_WebXMLFile_20260907_210119742.xml)
- 2026-09-06 — Annual Report: Gallantt Ispat Limited — [Official attachment](https://nsearchives.nseindia.com/annual_reports/AR_31808_GALLANTT_2025_2026_A_5011968_07092026214029.pdf)
- 2026-09-01 — Generic Announcement: Gallantt Ispat Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/GALLANTT_31082026193909_GIL_Clarification_31082026.pdf)
- 2026-08-28 — Generic Announcement: Gallantt Ispat Limited — [Official attachment](https://nsearchives.nseindia.com/content/RSS/Online_announcements.xml)
- 2026-08-05 — Generic Announcement: Gallantt Ispat Limited has been declared the "Preferred Bidder" for the Dongrital-ll coal block in Madhya Pradesh, with a winning bid of 6.5% revenue share, as per communication received on August 04, 2026. The company is evaluating the next steps for the development of this coal block. — [Official attachment](https://nsearchives.nseindia.com/corporate/GALLANTT_05082026204645_GIL_05082026.pdf)
- 2026-08-04 — Generic Announcement: Gallantt Ispat Limited held an earnings conference call on July 28, 2026, to discuss financial and operational performance for Q1 FY27. The company reported steady sequential performance with an EBITDA margin of 18% and a PAT margin of 11%, though lower year-on-year due to increased raw material costs and a planned pellet plant shutdown. Capacity expansion to 1.23 million tonnes is on track for commissioning in H2 FY27, funded by internal accruals, with no term debt. — [Official attachment](https://nsearchives.nseindia.com/corporate/GALLANTT_04082026125517_GIL_04082026.pdf)
- 2026-07-29 — Generic Announcement: Gallantt Ispat Limited announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The results were approved by the Board of Directors on July 27, 2026, and have undergone a limited review by statutory auditors. The full financial results are available on the websites of BSE Limited, NSE India, and Gallantt Ispat Limited. — [Official attachment](https://nsearchives.nseindia.com/corporate/GALLANTT_29072026185243_GALLANTT_29072026.pdf)
- 2026-07-29 — Press Release: Gallantt Ispat Limited reported Q1 FY27 financial results with Revenue from Operations at ₹1146 Cr, down 5% QoQ and up 2% YoY. EBITDA was ₹203 Cr, resulting in an 18% EBITDA margin, and Profit After Tax (PAT) was ₹124 Cr with an 11% PAT margin. The company's ₹3,000 crore expansion project remains on track for H2 FY27. — [Official attachment](https://nsearchives.nseindia.com/corporate/GALLANTT_29072026183547_Gallantt_Press_Release.pdf)
- 2026-07-29 — Earnings Presentation: Gallantt Ispat Limited has released a revised investor presentation and media release concerning its unaudited financial results for the quarter ended June 30, 2026. The presentation highlights the company's financial performance, operational updates, and future growth strategies, including capacity expansion and raw material sourcing. — [Official attachment](https://nsearchives.nseindia.com/corporate/GALLANTT_29072026184552_GIL_Presentation.pdf)
- 2026-07-28 — Generic Announcement: Gallantt Ispat Limited has published the transcripts of an earnings conference call held on July 28, 2026. The call discussed the company's financial and operational performance for the quarter ended June 30, 2026. The transcripts are available on the company's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/GALLANTT_28072026234856_GIL_28072026.pdf)
- 2026-07-27 — Official Filing: Gallantt Ispat Limited's board of directors met on July 27, 2026, to approve the resignation of statutory auditors Maroti & Associates, effective July 27, 2026. The firm cited increased audit complexity and resource allocation as reasons for discontinuing the engagement. Concurrently, the company appointed Singhi & Co. as the new statutory auditor for a term of 3 months and appointed Amit Jalan as Chief Financial Officer.
- 2026-07-27 — Press Release: Gallantt Ispat Limited reported Q1 FY27 financial results with Revenue from Operations at ₹1146 Cr, a 2% year-over-year increase. EBITDA was ₹203 Cr, resulting in an 18% EBITDA margin, and Profit After Tax (PAT) was ₹124 Cr with an 11% PAT margin. The company noted a planned shutdown of its pellet plant impacted volumes, while its ₹3,000 Cr expansion project remains on track for H2 FY27. — [Official attachment](https://nsearchives.nseindia.com/corporate/GALLANTT_27072026222908_GIL_27072026.pdf)
- 2026-07-27 — Earnings Presentation: Gallantt Ispat Limited has released its investor presentation/media release for the unaudited financial results for the quarter ended June 30, 2026. The presentation is available on the company's website. The company reported a net revenue of ₹4,419 Cr and a PAT of ₹484.3 Cr for FY26, with a PAT margin of 10.8%. For Q1 FY27, net revenue was ₹1,146 Cr and PAT was ₹123.7 Cr, also with a 10.8% PAT margin. The company highlighted its growth strategy, including capacity expansion, backward integration into raw materials, and a shift towards renewable energy. — [Official attachment](https://nsearchives.nseindia.com/corporate/GALLANTT_27072026214632_GALLANTT_27072026.pdf)
- 2026-07-27 — Generic Announcement: The Board of Directors of Gallantt Ispat Limited, in a meeting held on July 27, 2026, approved the unaudited financial results for the quarter ended June 30, 2026. The Board also accepted the resignation of statutory auditors M/s. Maroti & Associates and approved the appointment of M/s. Singhi & Co. as their replacement, subject to shareholder approval. Additionally, Mr. Amit Jalan was appointed as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective July 27, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/GALLANTT_27072026183414_GALLANTT_RESULTS.pdf)
- 2026-07-27 — Generic Announcement: Gallantt Ispat Limited's Board of Directors accepted the resignation of statutory auditors Maroti & Associates on July 27, 2026, citing increased audit complexity and firm resource allocation. The board appointed Singhi & Co. as the new statutory auditors to fill the casual vacancy. Additionally, Amit Jalan was appointed as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective July 27, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/GALLANTT_27072026210105_Change_GIL.pdf)
- 2026-07-27 — Management Change: The Board of Directors of Gallantt Ispat Limited, upon the recommendation of the Nomination and Remuneration Committee, approved the appointment of Mr. Amit Jalan as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) effective July 27, 2026. Mr. Jalan, who has over 25 years of finance experience and is currently the Chief Accounts Officer, will assume the new role pursuant to SEBI LODR Regulations and the Companies Act, 2013. — [Official attachment](https://nsearchives.nseindia.com/corporate/GALLANTT_27072026211138_CFO_Appointment.pdf)
- 2026-07-27 — Generic Announcement: M/s. Maroti & Associates resigned as Statutory Auditors of Gallantt Ispat Limited on July 27, 2026, citing increased audit complexity and resource allocation. The Board of Directors accepted the resignation and, upon the Audit Committee's recommendation, appointed M/s. Singhi & Co. as the new Statutory Auditors, subject to member approval at the upcoming AGM. — [Official attachment](https://nsearchives.nseindia.com/corporate/GALLANTT_27072026201643_GIL_27072026.pdf)
- 2026-07-25 — Generic Announcement: Gallantt Ispat Limited will hold an Earnings Conference Call for Q1 FY2027 on Tuesday, July 28, 2026, at 04:00 PM IST. The call will include management representation from the Chief Executive Officer and Vice Chairman. Dial-in details and a pre-registration link are provided. — [Official attachment](https://nsearchives.nseindia.com/corporate/GALLANTT_25072026125822_GIL_25072026.pdf)
- 2026-07-21 — Official Filing: Gallantt Ispat Limited will hold a board meeting on July 27, 2026, to consider unaudited standalone and consolidated financial results for the quarter ended June 2026. The trading window for the company's shares will be closed from July 1, 2026, to July 29, 2026.

## News and market events

- 2026-09-08 — Economic Times: **Coal ministry opens second round of gasification scheme** — The government has initiated the second application phase for its coal gasification scheme. Seven projects applied in the first round, seeking support for various industrial products. This initiative aims to boost domestic production and reduce import dependency significantly. The scheme offers financial aid for establishing new coal gasification facilities. India currently holds sufficient coal stocks for its power generation needs. — [Source](https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/coal-ministry-opens-second-round-of-gasification-scheme/articleshow/133938222.cms)
- 2026-09-08 — Mint: **Adani Enterprises leads rush for ₹37,500 crore coal gasification scheme | Company Business News** — Five companies have filed seven applications in the first round of the ₹37,500 crore scheme, which aims to build 25 gasification plants and curb import dependence — [Source](https://www.livemint.com/companies/news/adani-ntpc-talcher-fertilizers-among-five-applicants-for-rs-37-500-crore-coal-gasification-scheme-11788878908476.html)
- 2026-09-08 — The Hindu: **Adani, NTPC among five firms seeking support under ₹37,500 crore coal gasification scheme** — The Centre’s ₹37,500 crore scheme to promote coal and lignite gasification has received seven applications from five companies, including Adani Enterprises and state-run NTPC, following the closure of the first application window on September 7, said the Ministry of Coal on Tuesday — [Source](https://www.thehindubusinessline.com/companies/adani-ntpc-among-five-firms-seeking-support-under-37500-crore-coal-gasification-scheme/article71442406.ece)
- 2026-09-08 — BUSINESSTODAY: **NTPC and Adani apply under Rs 37,500 crore coal gasification scheme** — coal gasification, lignite gasification, Indian energy security, NTPC, Adani Enterprises, synthetic natural gas, urea production, Ministry of Coal, import substitution India, Rs 37500 crore scheme, coal conversion projects, Indian coal industry, energy import reduction — [Source](https://www.businesstoday.in/latest/corporate/story/ntpc-and-adani-apply-under-rs-37500-crore-coal-gasification-scheme-554013-2026-09-08)
- 2026-09-08 — The Hindu: **Seven applications received for coal gasification package: Government** — The government received seven applications for coal gasification projects following a ₹37,500 crore package approval to boost the industry. — [Source](https://www.thehindu.com/business/seven-applications-received-for-coal-gasification-package-government/article71442157.ece)
- 2026-09-08 — MONEYCONTROL: **Adani Enterprises, NTPC among applicants for Centre’s Rs 37,500-crore coal gasification scheme** — Adani Enterprises, NTPC, coal gasification scheme — [Source](https://www.moneycontrol.com/news/business/adani-enterprises-ntpc-among-applicants-for-centre-s-rs-37-500-crore-coal-gasification-scheme-14025160.html)
- 2026-09-08 — Economic Times: **Centre's Rs 37,500 crore coal gasification scheme draws 7 first-round applications** — Seven applications were submitted for the government's coal gasification promotion scheme. Adani Enterprises submitted three separate applications for urea projects. The scheme aims to convert coal into higher-value products and reduce import dependence. The government targets 100 million tonnes of coal gasification capacity by 2030. The second round of applications opens soon with more expected proposals. — [Source](https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/centres-rs-37500-crore-coal-gasification-scheme-attracts-seven-major-applications/articleshow/133914310.cms)
- 2026-09-08 — The Hindu: **Centre's ₹37,500 crore coal gasification scheme draws 7 first-round applications** — The Centre's ₹37,500 crore coal gasification scheme attracts seven applications, signaling strong industry interest in domestic coal conversion projects. — [Source](https://www.thehindubusinessline.com/companies/centres-37500-crore-coal-gasification-scheme-draws-7-first-round-applications/article71441620.ece)
- 2026-07-14 — Economic Times: **TCS among 5 stocks showing bullish RSI upswing** — Five stocks from the Nifty500 segment that gained over 5% featured in the RSI Trending Up scan on July 13 after showing improving momentum. The RSI moved above the 50 mark from lower levels, signalling strengthening price action, improving sentiment and potential short-term buying opportunities for traders tracking bullish technical setups. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/tcs-among-5-stocks-showing-bullish-rsi-upswing/slideshow/132379628.cms)

## Business profile

**Strategic vision:** Manufactures steel, cement, and operates in real estate.

### Business segments
- **Steel Manufacturing:** The company is a prominent manufacturer of steel products, primarily focused on Thermomechanically Treated (TMT) rebars, with a product range including various TMT rebar grades utilized in construction.
- **Cement:** Gallantt Group has a diversified presence in the cement sector.
- **Real Estate:** Gallantt Group has a diversified presence in the real estate sector.

### Competitive strengths
- Integrated mine-to-mill manufacturing process
- Captive power plant capacity
- Use of Ladle Refining Furnace (LRF) technology for enhanced steel quality

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/gallantt
Markdown representation: https://faxioms.com/stocks/gallantt?render=md