GALLANTT

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.

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.

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.

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.

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.

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