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Uttar Pradesh-based steel producer making sponge iron, billets and TMT bars, with a related listed metals arm.
Uttar Pradesh-based steel producer making sponge iron, billets and TMT bars, with a related listed metals arm.
Makes steel in a chain from sponge iron to billets and then rolled TMT bars, so profit tracks the spread between steel prices and the coal, ore and power it buys, while rolling billets into bars lifts the value of each tonne.
In one line: A small regional Indian steel producer.
Moat: none (scale). Regional production scale, but TMT bars/billets are commodity products with limited pricing power.
Headquarters: Gorakhpur, India · Founded: 1990 · Employees: 5,777
Size Gallantt Ispat (GALLANTT.NS) is an India Materials company (Steel) with a market value of $1.36B, the 499th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹534.40 on 6 Nov 2026.
Performance Over six months the shares fell 38.3%, against -25.6% for the median peer and 0.0% for the India market (cap-weighted) — 4th lowest of 21 in its peer set.
Growth Revenue grew 5.5% over the last twelve months (peer median +3.0%); the operating margin is 11.0% (peer median 2.5%).
Valuation It trades at 2.9× enterprise value to sales against a peer median of 1.1× (4th most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 40% a year for seven years (Req g). Recent delivered growth is +16%, so the hurdle is +24 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 9.7 points below its cost of capital (20.0% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹45.7B | ₹44.2B | ₹42.9B | ₹42.3B | ₹40.6B |
| Revenue growth | — | +3% | +2% | +4% | — |
| Gross profit | ₹8.81B | ₹7.31B | ₹7.12B | ₹4.48B | ₹3.63B |
| EBITDA | ₹6.33B | ₹7.37B | ₹7.14B | ₹4.52B | ₹3.69B |
| Net income | ₹4.07B | ₹4.84B | ₹4.01B | ₹2.25B | ₹1.41B |
| Free cash flow | n/a | ₹2.57B | ₹3.21B | ₹1.21B | -₹1.54B |
| Capital expenditure | n/a | ₹3.48B | ₹2.42B | ₹1.99B | ₹2.27B |
| Total debt | ₹5.92B | ₹5.48B | ₹3.78B | ₹4.62B | ₹5.38B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Gallantt Ispat GALLANTT.NS | $1.36B | -38% | +6% | 11% | 2.9× | 39.6% |
| Godawari Power & Ispat GPIL.NS | $1.49B | -31% | +8% | 19% | 2.4× | 21.7% |
| Sarda Energy & Minerals SARDAEN.NS | $1.63B | -27% | -2% | 26% | 2.8× | 10.6% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | GALLANTT.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +3.9% | -6.9% | 3rd highest of 21 |
| 6-month return | -38.3% | -25.6% | 4th lowest of 21 |
| Distance from 52-week high | -43.6% | -41.8% | 10th lowest of 21 |
| Revenue growth (TTM) | +5.5% | +3.0% | 10th highest of 21 |
| Operating margin | 11.0% | 2.5% | 5th highest of 21 |
| EV / Sales | 2.9× | 1.1× | 4th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 39.6% | 13.0% | most demanding of 11 |
| Growth delivered (Del g) | +16.0% | +10.9% | 4th highest of 11 |
| Hurdle (Req g minus delivered) | +23.6 pp | -6.5 pp | 2nd most demanding of 11 |
| ROIC minus cost of capital | -9.7 pp | -3.0 pp | 3rd lowest of 21 |
| EV / EBITDA | 20.6× | 8.0× | most expensive of 5 |
| Net debt / EBITDA | 0.3× | 0.4× | 4th least indebted of 7 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Gallantt Ispat GALLANTT.NS | India | $1.36B | -38% | +6% | 11% | 2.9× | 39.6% | +16.0% |
| Fangda Special Steel Technology 600507.SS | China | $1.38B | -32% | +8% | 3% | 0.6× | n/a | n/a |
| HBIS Resources 000923.SZ | China | $1.33B | -19% | -5% | 0% | 1.9× | n/a | n/a |
| YODOKO 5451.T | Japan | $1.31B | +1% | -2% | 6% | 0.8× | 0.3% | +6.0% |
| Ryerson RYZ | United States | $1.43B | +1% | +53% | 1% | 0.4× | n/a | n/a |
| Dalian Huarui Heavy Industry 002204.SZ | China | $1.43B | -28% | +5% | 4% | 0.7× | -3.8% | +13.9% |
| Impro Precision Industries 1286.HK | Hong Kong | $1.30B | -52% | +20% | 18% | 2.0× | -1.6% | +11.7% |
| Yongjin Technology 603995.SS | China | $1.28B | +22% | +11% | 2% | 0.3× | n/a | n/a |
| Liuzhou Iron & Steel 601003.SS | China | $1.28B | -29% | 0% | 1% | 0.7× | -0.3% | +4.7% |
| Gansu Jiu Steel Group Hongxing Iron & Steel 600307.SS | China | $1.25B | -25% | -6% | -5% | 1.3× | n/a | n/a |
| Godawari Power & Ispat GPIL.NS | India | $1.49B | -31% | +8% | 19% | 2.4× | 21.7% | +6.3% |
| Bengang Steel Plates 000761.SZ | China | $1.25B | -26% | -2% | -10% | 0.8× | n/a | n/a |
| Suzhou Hesheng Special Material 002290.SZ | China | $1.51B | -50% | +1% | 7% | 4.0× | 34.8% | +7.1% |
| NMDC Steel NSLNISP.NS | India | $1.23B | -10% | +42% | 3% | 0.8× | 20.8% | +41.6% |
| Fushun Special Steel 600399.SS | China | $1.22B | -25% | +6% | -5% | 1.5× | n/a | n/a |
| Beijing Lier High-Temperature Materials 002392.SZ | China | $1.20B | -29% | +16% | 4% | 1.3× | 15.4% | +10.2% |
| Xinyu Iron & Steel 600782.SS | China | $1.20B | -17% | -13% | -4% | 0.4× | n/a | n/a |
| Guizhou Aviation Technical Development 688239.SS | China | $1.19B | -39% | +23% | 12% | 4.0× | 17.7% | +25.0% |
| Zhongnanhong Culture 002445.SZ | China | $1.17B | -7% | -1% | 1% | 6.0× | n/a | n/a |
| Tokyo Steel Manufacturing 5423.T | Japan | $1.17B | -1% | -1% | -1% | 0.5× | n/a | n/a |
| Sarda Energy & Minerals SARDAEN.NS | India | $1.63B | -27% | -2% | 26% | 2.8× | 10.6% | +20.9% |