New Risk • May 28
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • May 18
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹745, the stock trades at a trailing P/E ratio of 37.1x. Average trailing P/E is 22x in the Metals and Mining industry in India. Total returns to shareholders of 1,320% over the past three years. Reported Earnings • May 11
Full year 2026 earnings released: EPS: ₹20.07 (vs ₹16.61 in FY 2025) Full year 2026 results: EPS: ₹20.07 (up from ₹16.61 in FY 2025). Revenue: ₹44.8b (up 4.3% from FY 2025). Net income: ₹4.84b (up 21% from FY 2025). Profit margin: 11% (up from 9.3% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 156% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 02
Gallantt Ispat Limited to Report Q4, 2026 Results on May 06, 2026 Gallantt Ispat Limited announced that they will report Q4, 2026 results on May 06, 2026 New Risk • Apr 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹642, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total returns to shareholders of 973% over the past three years. Reported Earnings • Feb 05
Third quarter 2026 earnings released: EPS: ₹4.16 (vs ₹4.71 in 3Q 2025) Third quarter 2026 results: EPS: ₹4.16 (down from ₹4.71 in 3Q 2025). Revenue: ₹10.9b (down 2.7% from 3Q 2025). Net income: ₹1.00b (down 12% from 3Q 2025). Profit margin: 9.2% (down from 10% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 113% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 15
Gallantt Ispat Limited to Report Q3, 2026 Results on Jan 21, 2026 Gallantt Ispat Limited announced that they will report Q3, 2026 results on Jan 21, 2026 Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹656, the stock trades at a trailing P/E ratio of 32.1x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 930% over the past three years. Announcement • Oct 27
Gallantt Ispat Limited to Report Q2, 2026 Results on Nov 03, 2025 Gallantt Ispat Limited announced that they will report Q2, 2026 results on Nov 03, 2025 Valuation Update With 7 Day Price Move • Oct 23
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹538, the stock trades at a trailing P/E ratio of 28.7x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 834% over the past three years. Announcement • Sep 27
Gallantt Ispat Limited Approves Final Dividend for the Year Ended March 31, 2025 Gallantt Ispat Limited announced that at its AGM held on September 27, 2025, shareholders approved the final dividend of at 12.5% that is INR 1.25 per share of face value of INR 10 each fully paid up for the year ended March 31, 2025. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹701, the stock trades at a trailing P/E ratio of 37.4x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 1,004% over the past three years. Declared Dividend • Sep 06
Dividend increased to ₹1.25 Dividend of ₹1.25 is 25% higher than last year. Ex-date: 12th September 2025 Payment date: 27th October 2025 Dividend yield will be 0.2%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is well covered by both earnings (8% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has increased by an average of 26% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 63% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Sep 03
Gallantt Ispat Limited, Annual General Meeting, Sep 27, 2025 Gallantt Ispat Limited, Annual General Meeting, Sep 27, 2025, at 11:30 Indian Standard Time. Board Change • Aug 15
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Non-Executive Independent Director Smita Modi was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹655, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 866% over the past three years. Reported Earnings • Jul 30
First quarter 2026 earnings released: EPS: ₹7.20 (vs ₹5.05 in 1Q 2025) First quarter 2026 results: EPS: ₹7.20 (up from ₹5.05 in 1Q 2025). Revenue: ₹11.3b (down 2.2% from 1Q 2025). Net income: ₹1.74b (up 43% from 1Q 2025). Profit margin: 15% (up from 11% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 120% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 22
Gallantt Ispat Limited to Report Q1, 2026 Results on Jul 29, 2025 Gallantt Ispat Limited announced that they will report Q1, 2026 results on Jul 29, 2025 Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹526, the stock trades at a trailing P/E ratio of 31.7x. Average trailing P/E is 22x in the Metals and Mining industry in India. Total returns to shareholders of 668% over the past three years. Announcement • Jun 19
Gallantt Ispat Limited (NSEI:GALLANTT) agreed to acquire 33% stake in Gallantt Lifespace Devlopers Private Limited for approximately INR 730 million. Gallantt Ispat Limited (NSEI:GALLANTT) agreed to acquire 33% stake in Gallantt Lifespace Devlopers Private Limited for approximately INR 730 million on June 19, 2025.
As of March 31, 2025, Gallantt Lifespace Devlopers Private Limited reported total common equity of INR 1.53 billion.
The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board. The expected completion of the transaction is June 19, 2025 to July 19, 2025. Reported Earnings • May 22
Full year 2025 earnings released: EPS: ₹16.61 (vs ₹9.34 in FY 2024) Full year 2025 results: EPS: ₹16.61 (up from ₹9.34 in FY 2024). Revenue: ₹43.1b (up 1.9% from FY 2024). Net income: ₹4.01b (up 78% from FY 2024). Profit margin: 9.3% (up from 5.3% in FY 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 92% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 14
Gallantt Ispat Limited to Report Q4, 2025 Results on May 21, 2025 Gallantt Ispat Limited announced that they will report Q4, 2025 results on May 21, 2025 New Risk • May 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹473, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total returns to shareholders of 569% over the past three years. Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹365, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 507% over the past three years. Reported Earnings • Feb 06
Third quarter 2025 earnings released: EPS: ₹4.71 (vs ₹2.15 in 3Q 2024) Third quarter 2025 results: EPS: ₹4.71 (up from ₹2.15 in 3Q 2024). Revenue: ₹11.2b (up 5.3% from 3Q 2024). Net income: ₹1.14b (up 119% from 3Q 2024). Profit margin: 10% (up from 4.9% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 71% per year, which means it is well ahead of earnings. Announcement • Jan 29
Gallantt Ispat Limited to Report Q3, 2025 Results on Feb 05, 2025 Gallantt Ispat Limited announced that they will report Q3, 2025 results on Feb 05, 2025 Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹382, the stock trades at a trailing P/E ratio of 29x. Average trailing P/E is 26x in the Metals and Mining industry in India. Total returns to shareholders of 453% over the past three years. Reported Earnings • Oct 29
Second quarter 2025 earnings released: EPS: ₹2.03 (vs ₹1.96 in 2Q 2024) Second quarter 2025 results: EPS: ₹2.03 (up from ₹1.96 in 2Q 2024). Revenue: ₹9.45b (flat on 2Q 2024). Net income: ₹488.9m (up 3.5% from 2Q 2024). Profit margin: 5.2% (up from 5.0% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 64% per year, which means it is well ahead of earnings. Announcement • Oct 21
Gallantt Ispat Limited to Report Q2, 2025 Results on Oct 28, 2024 Gallantt Ispat Limited announced that they will report Q2, 2025 results on Oct 28, 2024 Upcoming Dividend • Sep 16
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 23 September 2024. Payment date: 30 October 2024. Trailing yield: 0.3%. Lower than top quartile of Indian dividend payers (1.0%). Lower than average of industry peers (1.5%). Announcement • Sep 06
Gallantt Ispat Limited Proposes Final Dividend for the Financial Year Ended March 31, 2024 Gallantt Ispat Limited at its AGM to be held on September 30, 2024 proposed to declare a final dividend @ 10% i.e. INR 1.00 on the equity shares of the Company for the financial year ended March 31, 2024. Announcement • Sep 05
Gallantt Ispat Limited, Annual General Meeting, Sep 30, 2024 Gallantt Ispat Limited, Annual General Meeting, Sep 30, 2024, at 15:00 Indian Standard Time. Reported Earnings • Aug 13
First quarter 2025 earnings released: EPS: ₹5.05 (vs ₹1.27 in 1Q 2024) First quarter 2025 results: EPS: ₹5.05 (up from ₹1.27 in 1Q 2024). Revenue: ₹11.6b (up 12% from 1Q 2024). Net income: ₹1.22b (up 297% from 1Q 2024). Profit margin: 11% (up from 3.0% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 72% per year, which means it is well ahead of earnings. Announcement • Aug 05
Gallantt Ispat Limited to Report Q1, 2025 Results on Aug 12, 2024 Gallantt Ispat Limited announced that they will report Q1, 2025 results on Aug 12, 2024 Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹305, the stock trades at a trailing P/E ratio of 32.7x. Average trailing P/E is 25x in the Metals and Mining industry in India. Total returns to shareholders of 345% over the past three years. Announcement • May 03
Gallantt Ispat Limited Recommends Final Dividend for the Financial Year Ended 31 March 2024 Gallantt Ispat Limited announced that at its board meeting held on 2 May 2024, recommended a final dividend of 10% for the financial year ended 31 March 2024 that is INR 1.00 per equity share of face value of INR 10 each on the paid-up share capital, subject to approval of shareholders at the upcoming Annual General Meeting (AGM) of the company. The final dividend would be paid within 30 days from the date of declaration at the AGM. Reported Earnings • May 03
Full year 2024 earnings released: EPS: ₹9.34 (vs ₹5.84 in FY 2023) Full year 2024 results: EPS: ₹9.34 (up from ₹5.84 in FY 2023). Revenue: ₹42.3b (up 4.9% from FY 2023). Net income: ₹2.25b (up 60% from FY 2023). Profit margin: 5.3% (up from 3.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 76% per year, which means it is well ahead of earnings. Announcement • Apr 26
Gallantt Ispat Limited to Report Q4, 2024 Results on May 02, 2024 Gallantt Ispat Limited announced that they will report Q4, 2024 results on May 02, 2024 Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹239, the stock trades at a trailing P/E ratio of 29.1x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 381% over the past three years. Board Change • Apr 08
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Non-Executive Independent Director Smita Modi was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹230, the stock trades at a trailing P/E ratio of 28.1x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 375% over the past three years. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹211, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 393% over the past three years. Reported Earnings • Jan 17
Third quarter 2024 earnings released: EPS: ₹2.15 (vs ₹0.87 in 3Q 2023) Third quarter 2024 results: EPS: ₹2.15 (up from ₹0.87 in 3Q 2023). Revenue: ₹10.6b (up 5.7% from 3Q 2023). Net income: ₹519.8m (up 149% from 3Q 2023). Profit margin: 4.9% (up from 2.1% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 58% per year, which means it is well ahead of earnings. Announcement • Jan 10
Gallantt Ispat Limited to Report Q3, 2024 Results on Jan 16, 2024 Gallantt Ispat Limited announced that they will report Q3, 2024 results on Jan 16, 2024 Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₹141, the stock trades at a trailing P/E ratio of 20.5x. Average trailing P/E is 22x in the Metals and Mining industry in India. Total returns to shareholders of 285% over the past three years. Announcement • Dec 20
Gallantt Ispat Limited Announces Directorate Appointments Gallantt Ispat Limited announced that at the EGM held on December 20,2023 approved appointment of Mr. Prem Prakash Agrawal as a Whole-time Director of the Company and appointment of Mrs. Smita Modi and Mr. Pankaj Khanna as Non-Executive Independent Directors of the Company. Reported Earnings • Nov 03
Second quarter 2024 earnings released: EPS: ₹1.96 (vs ₹1.14 in 2Q 2023) Second quarter 2024 results: EPS: ₹1.96 (up from ₹1.14 in 2Q 2023). Revenue: ₹9.52b (up 2.2% from 2Q 2023). Net income: ₹472.6m (up 72% from 2Q 2023). Profit margin: 5.0% (up from 3.0% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings. Announcement • Oct 21
Gallantt Ispat Limited to Report Q2, 2024 Results on Nov 02, 2023 Gallantt Ispat Limited announced that they will report Q2, 2024 results on Nov 02, 2023 Announcement • Sep 08
Gallantt Ispat Limited, Annual General Meeting, Sep 30, 2023 Gallantt Ispat Limited, Annual General Meeting, Sep 30, 2023, at 12:30 Indian Standard Time. Agenda: To consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2023 and the Reports of the Board of Directors and Auditors thereon; to appoint a Director in place of Mr. Prashant Jalan, who retires by rotation at this Annual General Meeting in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment; to approve Alteration in Articles of Association of the Company; and to approve the remuneration of the Cost Auditors for the financial year ending March 31, 2024. Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: ₹1.27 (vs ₹1.02 in 1Q 2023) First quarter 2024 results: EPS: ₹1.27 (up from ₹1.02 in 1Q 2023). Revenue: ₹10.4b (up 1.6% from 1Q 2023). Net income: ₹307.2m (up 25% from 1Q 2023). Profit margin: 3.0% (up from 2.4% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 06
Gallantt Ispat Limited to Report Q1, 2024 Results on Aug 11, 2023 Gallantt Ispat Limited announced that they will report Q1, 2024 results on Aug 11, 2023 New Risk • Jul 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Profit margins are more than 30% lower than last year (3.5% net profit margin). Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹82.30, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 16x in the Metals and Mining industry in India. Total returns to shareholders of 168% over the past three years. Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹67.60, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 109% over the past three years. Recent Insider Transactions • Jun 30
Chairman & MD recently bought ₹1.2m worth of stock On the 28th of June, Chandra Agrawal bought around 75k shares on-market at roughly ₹15.26 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Chandra has been a buyer over the last 12 months, purchasing a net total of ₹843k worth in shares. Reported Earnings • May 30
Full year 2023 earnings released: EPS: ₹5.84 (vs ₹21.62 in FY 2022) Full year 2023 results: EPS: ₹5.84 (down from ₹21.62 in FY 2022). Revenue: ₹40.6b (up 35% from FY 2022). Net income: ₹1.41b (down 20% from FY 2022). Profit margin: 3.5% (down from 5.8% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 02
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹52.35, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 134% over the past three years. Board Change • Mar 14
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Additional Non-Executive & Independent Director Udit Agarwal was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Mar 08
Insider recently bought ₹530k worth of stock On the 2nd of March, Maanaav Agarwal bought around 9k shares on-market at roughly ₹58.86 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₹1.5m. Insiders have collectively bought ₹1.8m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Feb 24
Insider recently bought ₹1.5m worth of stock On the 20th of February, Maanaav Agarwal bought around 25k shares on-market at roughly ₹61.74 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹1.2m more in shares than they have sold in the last 12 months. Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: ₹0.87 (vs ₹2.70 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.87 (down from ₹2.70 in 3Q 2022). Revenue: ₹10.1b (up 121% from 3Q 2022). Net income: ₹209.1m (down 4.6% from 3Q 2022). Profit margin: 2.1% (down from 4.8% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Announcement • Feb 14
An unknown buyer acquired Gallantt Metalliks Limited from Gallantt Ispat Limited (NSEI:GALLANTT). An unknown buyer acquired Gallantt Metalliks Limited from Gallantt Ispat Limited (NSEI:GALLANTT) on February 13, 2023. Following the transaction, Gallantt Metalliks Limited ceased to exist as a subsidiary of Gallantt Ispat.An unknown buyer completed the acquisition of Gallantt Metalliks Limited from Gallantt Ispat Limited (NSEI:GALLANTT) on February 13, 2023. Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: ₹1.14 (vs ₹0.84 in 2Q 2022) Second quarter 2023 results: EPS: ₹1.14 (up from ₹0.84 in 2Q 2022). Revenue: ₹9.36b (up 139% from 2Q 2022). Net income: ₹275.4m (up 301% from 2Q 2022). Profit margin: 2.9% (up from 1.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 13
Second quarter 2023 earnings released: EPS: ₹1.14 (vs ₹0.84 in 2Q 2022) Second quarter 2023 results: EPS: ₹1.14 (up from ₹0.84 in 2Q 2022). Revenue: ₹9.36b (up 139% from 2Q 2022). Net income: ₹275.4m (up 301% from 2Q 2022). Profit margin: 2.9% (up from 1.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Sep 24
Chairman & MD recently sold ₹307k worth of stock On the 21st of September, Chandra Agrawal sold around 5k shares on-market at roughly ₹62.37 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Chandra's only on-market trade for the last 12 months. Announcement • Sep 07
Gallantt Ispat Limited to Report Q4, 2023 Results on May 30, 2023 Gallantt Ispat Limited announced that they will report Q4, 2023 results on May 30, 2023 Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improved over the past week After last week's 17% share price gain to ₹82.50, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 12x in the Metals and Mining industry in India. Total returns to shareholders of 103% over the past three years. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improved over the past week After last week's 16% share price gain to ₹69.30, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 43% over the past three years.