Gallantt Metal Ltd.
Snapshot View

84.75 +4.05 ▲5.0%

29 July 2021, 04:00:00 P.M.
Volume: 189,070

Overview View Details

Sector Iron & Steel Compare with Sector peers
Industry Steel & Iron Products Compare with Industry peers
Website http://www.gallantt.com
Financial Indicators
Market Cap 689.21 Cr.
Earnings per share (EPS) 10.01 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 8.47 Trailing Twelve Months Ending 2021-03
Industry PE 16.50 Trailing Twelve Months Ending 2021-03
Book Value / Share 90.62 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.94 Calculated using Price: 84.75
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 8.13 Cr. 81,322,324 Shares
FaceValue 10
Company Profile

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) .

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+5.02%
1 Week
+1.07%
1 Month
+9.00%
3 Month
+56.94%
6 Month
+103.24%
1 Year
+173.39%
2 Year
+156.82%
5 Year
+118.99%
6 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 12.06 12.76 6.73 10.34 12.26 1.16
Return on Capital Employed (%) 13.01 12.64 7.77 14.00 18.19 2.63
Return on Assets (%) 8.00 9.08 5.34 8.40 10.34 0.97

Balance Sheet View Details

Particulars 6 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 282 370 421 533 635 655
Non Curr. Liab. 24 26 -19 -14 1 61
Curr. Liab. 119 96 105 149 82 115
Minority Int.
Equity & Liab. 424 492 507 668 718 832
Non Curr. Assets 260 314 348 427 555 667
Curr. Assets 165 178 159 242 163 165
Misc. Exp. not W/O
Total Assets 424 492 507 668 718 832

Profit Loss View Details

Particulars 6 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 722 670 617 822 1,064 865
Other Income 2 4 1 5 5 1
Total Income 723 674 618 827 1,069 866
Total Expenditure -658 -606 -565 -736 -939 -833
PBIDT 65 68 53 91 130 33
Interest -12 -7 -6 -7 -6 -6
Depreciation -17 -18 -17 -15 -14 -14
Taxation -3 -2 -3 -20 -38 -5
Exceptional Items
PAT 34 42 27 49 72 7

Cash Flow View Details

Particulars 6 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 70 56 42 122 76 57
Cash Fr. Inv. -20 -22 -52 -97 -69 -122
Cash Fr. Finan. -48 -36 7 -23 -10 65
Net Change 2 -1 -2 2 -3 0
Cash & Cash Eqvt 6 5 2 5 2 1

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 67.25 67.25 67.23 67.23 67.23 67.23 67.23 67.22 67.24
Public 32.75 32.75 32.77 32.77 32.77 32.77 32.77 32.78 32.76
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.93 0.93 0.93 0.93 0.93 0.93 0.93 0.93 0.93

Announcements View Details

Mon, 26 Jul 2021
Disclosure Of Related Party Transactions For The Half Year Ended 31St March 2021
Disclosure on Related Party Transactions of the Company on consolidated basis for the half year ended March 31 2021.
Tue, 20 Jul 2021
Shareholding for the Period Ended June 30 2021
Gallantt Metal Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Wed, 07 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Submission of Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations 2018 for the quarter ended 30th June 2021 as received from the Registrar and Share Transfer Agent of the Company.

Technical Scans View Details

Thu, 29 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone
Close Within 5 Year High Zone Close Within 5 Year High Zone

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