Is Gallantt Ispat a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Gallantt Ispat Ltd is a average quality company .

Is Gallantt Ispat undervalued or overvalued?

The key valuation ratios of Gallantt Ispat Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Gallantt Ispat share price return in the past 10 years?

Gallantt Ispat Ltd share price has appreciated 27.5% annually (CAGR) over the past ten years.

Is Gallantt Ispat a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Gallantt Ispat Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Gallantt Ispat Ltd - Stock Valuation and Financial Performance

Name: Gallantt Ispat
Brand: Gallantt Ispat

BSE: 532726 | NSE: GALLANTT | Steel & Iron Products | Small Cap

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Gallantt Ispat Share Price

₹317.10 11.40 3.73%
as on 22-Nov'24 16:59

10 Year X-Ray of Gallantt Ispat:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	13%	13.4%	8.8%	16.8%	23.2%	3.4%	14.5%	10.8%	10.2%	12%	-
Value Creation Index ⓘ	-0.1	0.0	-0.4	0.2	0.7	-0.8	0.0	-0.2	-0.3	-0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	722	670	617	822	1,064	865	2,105	3,017	4,057	4,227	4,342
Sales YoY Gr.	-	-7.1%	-8%	33.3%	29.4%	-18.7%	143.4%	43.3%	34.4%	4.2%	-
Adj EPS ⓘ	4.3	5.2	3.2	6.1	8.9	0.9	18.1	20.4	5.9	9.3	13.2
YoY Gr.	-	20%	-37.3%	87.4%	47.3%	-89.9%	1913.3%	12.6%	-71.1%	56.8%	-
BVPS (₹) ⓘ	34.6	39.7	44.6	50.7	59.2	59.8	214.6	236.5	92.2	101.6	108.7
Adj Net Profit ⓘ	35	42.1	26.3	49.4	72.7	7.3	147	166	142	223	318
Cash Flow from Ops. ⓘ	69.6	56.2	31.2	109	43.1	41.3	173	234	95.6	344	-
Debt/CF from Ops. ⓘ	1.3	1.1	2.4	0.5	1.2	3	2.2	1.7	5.6	1.3	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	21.7%	31.8%	26.2%	4.2%
Adj EPS ⓘ	8.9%	0.7%	-20.1%	56.8%
BVPSⓘ	12.7%	11.4%	-22.1%	10.1%
Share Price	27.5%	64.3%	67.1%	229.7%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	13.2	13.9	7.7	12.7	16.3	1.5	12.3	8.3	6.6	9.6	12.6
Op. Profit Mgn % ⓘ	9	9.8	8.4	10.5	11.9	3.7	12.8	9.8	9	10.6	13.9
Net Profit Mgn % ⓘ	4.9	6.3	4.3	6	6.8	0.9	7	5.5	3.5	5.3	7.3
Debt to Equity ⓘ	0.3	0.2	0.2	0.1	0.1	0.3	0.2	0.2	0.2	0.2	0
Working Cap Days ⓘ	75	82	88	89	75	76	80	97	84	89	50
Cash Conv. Cycle ⓘ	51	52	56	38	34	52	35	37	37	43	31

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 12.50%

Sales growth is growing at healthy rate in last 3 years 26.16%

Net Profit has been subdued in last 3 years -20.08%

Sales growth is not so good in last 4 quarters at 6.09%

Latest Financials - Gallantt Ispat Ltd.

	Standalone	Consolidated
TTM EPS (₹)	13.2	13.2
TTM Sales (₹ Cr.)	4,342	4,342
BVPS (₹.) ⓘ	108.7	108.7
Reserves (₹ Cr.) ⓘ	2,381	2,381
P/BV ⓘ	2.92	2.92
PE ⓘ	24.05	24.05

From the Market
52 Week Low / High (₹)	95.15 / 406.00
All Time Low / High (₹)	8.21 / 406.00
Market Cap (₹ Cr.)	7,651
Equity (₹ Cr.)	241.3
Face Value (₹)	10
Industry PE ⓘ	22

Management X-Ray of Gallantt Ispat:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.31

0.33

0.32

0.31

* Pledged shares as % of Promoter's holding (%)

Valuation of Gallantt Ispat

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Gallantt Ispat

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	722	670	617	822	1,064	865	2,105	3,017	4,057	4,227
Operating Expenses ⓘ	658	606	565	736	939	833	1,836	2,721	3,693	3,779
Manufacturing Costs	54	54	48	62	77	67	153	187	218	259
Material Costs	564	509	471	617	795	704	1,585	2,413	3,325	3,338
Employee Cost	14	16	20	25	30	29	64	72	88	108
Other Costs ⓘ	26	26	26	32	37	33	35	50	62	74
Operating Profit ⓘ	64	65	52	86	125	32	269	296	364	448
Operating Profit Margin (%)	8.8%	9.7%	8.4%	10.5%	11.7%	3.7%	12.8%	9.8%	9.0%	10.6%
Other Income ⓘ	2	4	1	5	5	1	9	54	3	7
Interest ⓘ	12	7	6	7	6	6	22	20	27	28
Depreciation ⓘ	17	18	17	15	14	14	68	92	100	116
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	37	44	30	69	110	13	189	237	240	311
Tax ⓘ	3	2	3	20	38	5	41	61	99	86
Profit After Tax	34	42	27	49	72	7	148	176	141	225
PAT Margin (%)	4.7%	6.2%	4.3%	6.0%	6.7%	0.9%	7.0%	5.8%	3.5%	5.3%
Adjusted EPS (₹)	4.2	5.1	3.3	6.1	8.8	0.9	18.2	21.6	5.8	9.3
Dividend Payout Ratio (%)	0%	0%	0%	4%	3%	0%	0%	0%	0%	11%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	282	323	363	412	481	486	1,745	1,923	2,225	2,451
Share Capital ⓘ	81	81	81	81	81	81	81	81	241	241
Reserves ⓘ	200	242	282	331	400	405	1,664	1,842	1,984	2,209
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	91	62	74	55	51	94	388	387	538	462
Long Term Debt	0	0	0	0	0	57	99	99	99	100
Short Term Debt	91	62	74	55	51	38	290	288	438	362
Trade Payables	1	4	22	79	18	37	77	158	64	57
Others Liabilities ⓘ	51	55	-11	0	13	46	231	222	122	165
Total Liabilities ⓘ	424	444	449	546	564	663	2,441	2,689	2,949	3,136
Fixed Assets
Gross Block	331	340	246	248	250	250	1,521	1,717	1,986	2,370
Accumulated Depreciation	119	135	16	29	42	52	174	265	363	476
Net Fixed Assetsⓘ	212	205	230	219	208	198	1,348	1,452	1,623	1,894
CWIP ⓘ	5	18	13	29	127	241	277	359	316	122
Investmentsⓘ	43	43	43	43	43	43	60	1	2	52
Inventories	86	80	99	110	111	132	241	331	433	439
Trade Receivables	24	30	34	51	38	23	133	157	137	109
Cash Equivalents	6	5	3	5	3	5	12	13	11	12
Others Assetsⓘ	50	64	27	91	35	22	371	375	427	508
Total Assets ⓘ	424	444	449	546	564	663	2,441	2,689	2,949	3,136

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	70	56	31	109	43	41	173	234	96	344
PBT ⓘ	37	44	30	69	110	13	189	237	240	311
Adjustment ⓘ	28	22	21	15	14	18	86	98	123	139
Changes in Working Capital ⓘ	13	-0	-14	39	-57	14	-62	-60	-225	-51
Tax Paid ⓘ	-8	-9	-6	-14	-24	-4	-39	-41	-42	-54
Cash Flow From Investing Activity ⓘ	-20	-22	-40	-83	-37	-106	-193	-209	-225	-248
Capex	-21	-24	-36	-25	-109	-106	-126	-273	-227	-193
Net Investments	0	0	0	0	-1	-3	-65	63	-1	-57
Others ⓘ	2	3	-4	-57	72	3	-1	2	3	2
Cash Flow From Financing Activityⓘ	-48	-36	7	-24	-9	65	10	-19	126	-102
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-22	0	0	0	0	85	-99	0	1	1
Interest Paid ⓘ	-12	-7	-5	-5	-3	-4	-19	-18	-25	-26
Dividend Paid ⓘ	0	0	0	0	-2	-2	0	0	0	0
Others ⓘ	-15	-29	12	-19	-4	-14	128	-2	151	-77
Net Cash Flow ⓘ	2	-1	-2	2	-3	0	-10	6	-3	-5

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	12.83	13.76	7.77	12.73	16.03	1.55	13.25	9.59	6.79	9.64
ROCE (%)	12.97	13.42	8.77	16.79	23.2	3.37	14.51	10.82	10.21	11.96
Asset Turnover Ratio	1.88	1.71	1.55	1.7	1.92	1.41	1.36	1.18	1.44	1.39
PAT to CFO Conversion(x)	2.06	1.33	1.15	2.22	0.6	5.86	1.17	1.33	0.68	1.53
Working Capital Days
Receivable Days	15	13	17	18	15	13	13	18	13	11
Inventory Days	38	41	47	45	38	51	32	35	34	38
Payable Days	3	2	10	30	22	14	13	18	12	7

Gallantt Ispat Ltd Stock News

Gallantt Ispat Ltd FAQs

What is the share price of Gallantt Ispat?

Company share prices are keep on changing according to the market conditions. The closing price of Gallantt Ispat on 22-Nov-2024 16:59 is ₹317.1.

What is the market cap of Gallantt Ispat?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 22-Nov-2024 16:59 the market cap of Gallantt Ispat stood at ₹7,651.

What is the P/E ratio of Gallantt Ispat?

The latest P/E ratio of Gallantt Ispat as of 22-Nov-2024 16:59 is 24.05.

What is the P/B ratio of Gallantt Ispat?

The latest P/B ratio of Gallantt Ispat as of 22-Nov-2024 16:59 is 2.92.

What is the 52-week high and low of Gallantt Ispat?

The 52-week high of Gallantt Ispat is ₹406.0 and the 52-week low is ₹95.15.

What is the TTM revenue of Gallantt Ispat?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Gallantt Ispat is ₹4,342 ( Cr.) .

About Gallantt Ispat Ltd

Gallantt Metal was incorporated on February 7, 2005; since then the company has come a long way from a small oil extracting mill with an investment of Rs 4 lakh to presently running three flour mills and a mini steel plant to manufacture Rolled Bars in UP and a most modern integrated steel plant with captive power plant of 25 MW at Kutch in Gujarat. The company has multi-locational manufacturing facilities. Enthused by the successful commissioning of this project, the group is setting up another integrated steel plant with captive power plant at Gorakhpur, UP with an investment of Rs 335 crore.

Gallantt Metal Limited is running integrated steel plant in Kutch, Gujarat, to manufacture Sponge Iron, M.S. Billets, Re-Rolled products (QST bars) with a captive power plant with an investment of Rs 220 crore.

The integrated steel complex has been set up at village Samalkhyali, Taluka Bhachau of Kutch, Gujarat. The site is well connected with all types of transportation facilities both for raw materials and finished products. It is approximately 500 meters from the NH 8A connecting New Delhi-Kandla-Mumbai Highway and only 700 meters away from the Sama Khayali railway station. This enables the complex to have its own railway siding. Furthermore, the presence of the Kandla and Mundra Port only 50 and 70 km away from the site give an added advantage. The Bhuj airport is only 60 km away.

In the western region there is a substantial gap between demand and supply of finished steel. The company markets its bulk of the products in Gujarat, Maharashtra and Rajasthan. The post-earthquake era has seen a surge in infrastructural and construction activities. This in turn, has raised the demand of TMT bars and ancillary products in the region. The proximity to the market reduces freight costs enormously which will fetch a higher margin on sales.

The requirement of power is fulfilled totally from its captive power plant, which ensures uninterrupted power supply at much cheaper rate.

Since India is on a path of rapid development, the steel industry is also growing fast in accordance with the developments to create an industry that is sustainable in all means. The Indian Steel industry has also undergone drastic changes during the recent years as never seen before to cope with the never ending demand for the steel products; and has become one of the major steel producing countries in the world.

Gallant Industries has been setting new standards of excellence by way of manufacturing quality products. It is engaged in manufacturing of superior quality sponge iron, M.S. Billets, Re Rolled products with their manufacturing facilities in the state of Uttar Pradesh and Gujarat. The company's commitment towards producing the best quality steel is well reflected in the fact that they attained certifications from various recognized organizations such as Bureau of Indian Standard ( ISI), ISO 9001-2000, and H & K (Germany) .

Products offferd by the company includes:

Sponge Iron - Sponge Iron is obtained by direct reduction (elimination of oxygen) of iron ore, without melting it in a blast furnace. Sponge Iron is an intermediate iron product used as substitute for steel scrap while producing steel through the electric induction furnace route. The entire production of Sponge Iron would be consumed in-house for manufacturing of MS billets.
M.S. Billets - Billet, being a semi-finished product, is used for feedstock to rolling mills for production of long products like wire rods, bars/rods and structural. Steel Billet is also used extensively in forge shops and machine shops for production of engineering goods and also as feedstock for seamless tubes.
Rolling Mill - Re-rolled products (TMT Bars) are manufactured using M.S. Billets as the main feed stock. Gallantt strictly maintains its quality conforming to Indian standards such as ISI , ISO 9001-2000 but also to international standards such as H & K, Germany to name a few. Thus it helps the company to market its products overseas as well.

Awards & Achievements

The company has received certifications from various recognized organizations such as Bureau of Indian Standard ( ISI), ISO 9001-2000, and H & K (Germany) .