Business Update Positive

2026-08-05 20:49

- Order Win: Gallantt Ispat Limited declared as "Preferred Bidder" for the Dongrital-II Coal Block. - Awarding Authority: The Madhya Pradesh State Mining Corporation Limited (MPSMC). - Bid Details: Winning bid of 6.5% revenue share. - Status: Company is evaluating next steps for the coal block development.

Business Update Neutral

2026-08-04 12:58

- Q1 FY27 saw seasonally softer demand, TMT price correction, and increased raw material costs, leading to a year-on-year decline in profitability (EBITDA margin 18% vs Q1 FY26 23%, PAT margin 11% vs Q1 FY26 15%). However, operating performance remained stable sequentially.- Domestic steel demand is expected to grow 7-9% in FY27, with recovery anticipated from Q3 onwards post-monsoon.- Capacity expansion to 1.23 million tonnes (23% growth) is on track for commissioning in H2 FY27.- 85 MW renewable energy projects (Gujarat 18MW, UP 60MW) are scheduled for commissioning in Q2 and Q4 FY27, respectively.- Captive iron ore mines are targeted to become operational by FY28 to enhance raw material security and improve margins.- The company remains net cash surplus with no term loans, funding its INR 3,000 crore capex program through internal accruals.

Financials Negative

2026-07-29 18:38

- Revenue from Operations ₹1,146 Cr vs ₹1,128 Cr (▲2% YoY) - EBITDA ₹203 Cr vs ₹254 Cr (▼20% YoY) - PAT ₹124 Cr vs ₹174 Cr (▼29% YoY) - EBITDA Margin 18% vs 23% (▼470bps)

Business Update Neutral

2026-07-28 23:53

- Transcripts of the Earnings Conference Call discussing financial and operational performance for the Quarter ended June 30, 2026, held on July 28, 2026, are now available.

Financials Negative

2026-07-27 22:31

- Consolidated Revenue ₹1146 Cr vs ₹1128 Cr (▲2% YoY) - EBITDA ₹203 Cr vs ₹254 Cr (▼20% YoY) - PAT ₹124 Cr vs ₹174 Cr (▼29% YoY) - EBITDA Margin 18% vs 23% (▼470bps)

Governance Neutral

2026-07-27 21:13

- Board of Directors approved the appointment of Mr. Amit Jalan as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). - The appointment is effective from July 27, 2026. - Mr. Jalan has over 25 years of experience and was previously the Chief Accounts Officer (CAO) of the company.

Governance Negative

2026-07-27 21:02

CRITICAL RED FLAG DETECTED

- Resignation of M/s. Maroti & Associates as Statutory Auditors, effective July 27, 2026. The auditor stated reasons related to increasing audit complexity and resource allocation, confirming no dispute or suppression of information. - Appointment of M/s. Singhi & Co. as the new Statutory Auditors of the Company, effective July 27, 2026. - Appointment of Mr. Amit Jalan as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company, effective July 27, 2026. Mr. Jalan was previously the company's Chief Accounts Officer.

Governance Negative

2026-07-27 20:19

CRITICAL RED FLAG DETECTED

- M/s. Maroti & Associates resigned as Statutory Auditors, effective July 27, 2026, citing increased audit complexity and resource constraints. No concerns or issues were raised by the auditors. - M/s. Singhi & Co. was appointed as the new Statutory Auditor, effective July 27, 2026, subject to approval by members in the ensuing Annual General Meeting.

Financials Negative

2026-07-27 18:39

CRITICAL RED FLAG DETECTED

- Consolidated Revenue ₹1145.67 Cr vs ₹1127.78 Cr (▲1.59% YoY) - EBITDA ₹185.09 Cr vs ₹246.85 Cr (▼25.07% YoY) - PAT ₹123.67 Cr vs ₹173.79 Cr (▼28.84% YoY) - EBITDA Margin 16.16% vs 21.89% (▼573bps) - M/s. Maroti & Associates resigned as Statutory Auditors, citing increased audit scale and complexity as the reason. - M/s. Singhi & Co. appointed as the new Statutory Auditors. - Mr. Amit Jalan appointed as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP).

Business Update Neutral

2026-07-25 13:01

- Concall Schedule - Concall Date: Tuesday, July 28, 2026 - Concall Time: 04:00 PM IST

Governance Negative

2026-07-15 19:26

CRITICAL RED FLAG DETECTED

- Mr. Pradyumna Kumar Satpathy, Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of Gallantt Ispat Limited, has resigned. - The resignation is effective from the close of business hours on August 15, 2026.

Governance Negative

2026-07-15 18:59

CRITICAL RED FLAG DETECTED

- Mr. Pradyumna Kumar Satpathy has resigned as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of GALLANTT ISPAT LIMITED. - The resignation is effective from the close of business hours on August 15, 2026. - The stated reasons are pre-occupation and other personal obligations.

Routine Neutral

2026-06-26 18:00

- Trading window for Board Members, Designated Persons, Connected Persons, other insiders and their immediate relatives will be closed from July 01, 2026. - The closure is for the declaration of financial results for the quarter ended June 30, 2026. - The window will reopen after 48 hours of the declaration of the financial results.

Governance Neutral

2026-06-25 20:56

- The Extra-Ordinary General Meeting (EGM) of Gallantt Ispat Limited was held on June 25, 2026. - All 8 resolutions proposed at the EGM were passed with the requisite majority. - Resolutions included the appointment of directors and the increase in remuneration for the Chairman & MD and two Whole-time Directors.

Governance Neutral

2026-06-25 20:50

- Extra-Ordinary General Meeting held on June 25, 2026, to consider various resolutions. - Shareholders approved the appointment of Mr. Dindayal Jalan as Director and Whole-time Director. - Appointment of Mr. Atul Kumar Gupta, Mr. Sanjay Kumar Jain, and Mr. Kishore Pariyar as Non-Executive Independent Directors was approved. - Increase in remuneration for Mr. Chandra Prakash Agrawal (CMD), Mr. Prem Prakash Agrawal (WTD), and Mr. Nitin Mahavir Prasad Kandoi (WTD) was also approved. - All resolutions passed with the requisite majority.

Governance Neutral

2026-06-25 14:50

- Proceedings of the EOGM held on June 25, 2026, via VC/OAVM. - Approved appointments of one Director and three Non-Executive Independent Directors. - Increased remuneration for Chairman & Managing Director, two Whole-time Directors, and the Chief Executive Officer.

Governance Neutral

2026-06-02 17:54

- Extraordinary General Meeting (EOGM) to be held on Thursday, June 25, 2026, at 12:30 p.m. through Video Conferencing/Other Audio-Visual Means (VC/OAVM). - The EOGM agenda includes the appointment of Mr. Dindayal Jalan as Director and Whole-time Director for 5 years. - It also covers the appointment of Mr. Atul Kumar Gupta, Mr. Sanjay Kumar Jain, and Mr. Kishore Pariyar as Non-Executive Independent Directors for varying terms. - Additionally, members will vote on increasing the remuneration for Mr. Chandra Prakash Agrawal (Chairman & MD), Mr. Prem Prakash Agrawal (Whole-time Director), Mr. Nitin Mahavir Prasad Kandoi (Whole-time Director), and Mr. Mayank Agrawal (CEO), effective from April 1, 2026.

Business Update Positive

2026-05-12 12:53

Management outlined a strategic INR 3,000 crore Capex plan: INR 1,200 crore for steel capacity expansion from 1 million to 1.3 million tons, expected to complete by H2 FY27; INR 300 crore for a 78 MW solar plant (18 MW Gujarat, 60 MW Gorakhpur) to be completed by Q1 FY28, projecting INR 30-40 crore annual power cost savings; and INR 1,500 crore for mine development expected by FY28. Post-expansion, revenue is projected to reach INR 5,300-5,400 crore, with EBITDA margins expanding to ~20% (from 15-17%) driven by mining integration and expected cost reduction of ~INR 2,000 per ton. The company plans to fund this capex largely through internal accruals, maintaining its net-debt free status, and is evaluating further medium-to-long term growth opportunities.

Financials Positive

2026-05-07 01:18

For Q4 FY26, Revenue from Operations was ₹1204.8 Cr vs ₹1072.1 Cr (▲12.4% YoY), EBITDA ₹208.9 Cr vs ₹194.7 Cr (▲7.3% YoY), and PAT ₹122.8 Cr vs ₹116.3 Cr (▲5.6% YoY). EBITDA Margin was 17.3% vs 18.2% (▼90bps). Management expects capacity expansion and new iron ore mines to drive volume growth and improve EBITDA margins significantly by FY2027-2028.

Business Update Neutral

2026-05-07 01:08

Gallantt Ispat Limited announced the availability of the audio recording of its Earnings Conference Call with investors/analysts. The call, held on May 06, 2026, discussed the financial and operational performance for the quarter and year ended March 31, 2026. The recording is accessible on the company's website.

Governance Negative

2026-05-06 01:46

CRITICAL RED FLAG DETECTED

Gallantt Ispat Limited announced the resignation of two Independent Directors, Mrs. Smita Modi (DIN: 01141396) and Mr. Pankaj Khanna (DIN: 10377030), effective from the close of business hours on May 5, 2026. Both cited work pressure, pre-occupation, lack of time, and other engagements as reasons for their resignations, confirming no other material reasons.

Governance Negative

2026-05-06 01:46

CRITICAL RED FLAG DETECTED

Gallantt Ispat Limited announced the resignation of two Independent Directors, Mrs. Smita Modi and Mr. Pankaj Khanna, effective May 5, 2026. Both cited personal reasons such as work pressure, pre-occupation, lack of time, and other engagements for their departure, confirming no other material reasons.

Routine Neutral

2026-05-05 23:50

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Routine Neutral

2026-05-05 23:40

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Routine Neutral

2026-05-05 23:31

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Gallantt Ispat Limited

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