Submission of Press Release relating to Unaudited Financial Results of the Company for the quarter ended 30th June, 2026.
RESULTS
▼ Concern Flagged
MEDIUM RISK
📅 Filed on BSE: 27 Jul 2026, 10:28 PM IST · BSE ID: 0d50e217-e75d-4d4d-b19b-22e8e210a240
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's quarterly profit dropped significantly, despite a small revenue increase, due to maintenance and softer steel prices.
🤖 AI Summary
- Gallantt Ispat Q1 FY27 Revenue from Operations increased 2% YoY to ₹1146 Cr.
- Q1 FY27 Profit After Tax (PAT) decreased 29% YoY to ₹124 Cr, with an 11% PAT margin.
- EBITDA for Q1 FY27 was ₹203 Cr, a 20% YoY reduction, resulting in an 18% EBITDA margin.
- Planned annual shutdown of pellet plant for maintenance impacted production volumes across downstream operations.
- Company's ₹3000 Cr expansion to 1.23 MMTPA capacity is on track for H2 FY27.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue from Operations (Q1 FY27)
₹1146 Cr
2%
EBITDA (Q1 FY27)
₹203 Cr
-20%
EBITDA Margin (Q1 FY27)
18%
-470 bps
Profit After Tax (Q1 FY27)
₹124 Cr
-29%
PAT Margin (Q1 FY27)
11%
-460 bps
🏢 How This Affects the Company
Softer steel realisations and a planned pellet plant shutdown moderated production volumes across downstream DRI and steel operations. This impacted overall sales and profitability.
Profit After Tax decreased 29% YoY to ₹124 Cr, and EBITDA reduced by 20% YoY to ₹203 Cr, compressing both PAT and EBITDA margins.
The planned annual shutdown of the pellet plant for maintenance and utilization improvement directly affected production of Pellet, DRI – Sponge Iron, and TMT Bars.
Geopolitical developments continue to pose a risk to fuel prices, influencing supply chains, freight costs, and global demand, which could impact future input costs.
👥 What This Means For Shareholders
✅
Action Required
No action required based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the reported financial performance, including a 29% YoY decrease in Profit After Tax to ₹124 Cr for Q1 FY27.
🔍
Management Signal
Management prioritised pellet plant maintenance and utilization improvement, accepting short-term volume moderation for long-term operational efficiency.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — assess impact of pellet plant returning to normalized utilization.
Progress of ₹3000 Cr expansion to 1.23 MMTPA by H2 FY27.
Updates on captive iron ore blocks in Rajasthan and Uttar Pradesh for FY2028.
MEDIUM RISK
Significant YoY profit decline and operational moderation due to plant shutdown and geopolitical factors affecting costs.
💡 Investor Takeaway
Gallantt Ispat reported Q1 FY27 Profit After Tax of ₹124 Cr, a 29% YoY decrease from ₹174 Cr in Q1 FY26. Revenue from Operations increased 2% YoY to ₹1146 Cr. Operational performance was affected by a planned pellet plant shutdown.
⚖️ Strengths & Concerns
✅ Positives
- Revenue from Operations for Q1 FY27 increased 2% YoY to ₹1146 Cr, demonstrating top-line growth despite operational challenges.
- EBITDA margin improved 50 basis points quarter-on-quarter to 18%, indicating sequential operational stability.
- Company's ₹3000 Cr expansion to 1.23 MMTPA is on track for H2 FY27, signaling future capacity growth.
⚠️ Concerns
- Profit After Tax (PAT) for Q1 FY27 reduced 29% YoY to ₹124 Cr, reflecting significant decline in profitability.
- EBITDA for Q1 FY27 decreased 20% YoY to ₹203 Cr, with EBITDA per tonne reducing 21% to ₹8787.
- Pellet production volumes in Q1 FY27 decreased 36% YoY to 112.3 KT due to planned plant shutdown.
📅 Company Track Record
Gallantt Ispat's FY26 PAT grew 20.8% to ₹484.3 Cr, with a ₹3000 Cr capex ongoing. Q4 FY26 pellet output surged 59% YoY. This Q1 FY27 result contrasts with previous growth trends and ongoing investments.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Gallantt Ispat's Profit After Tax (PAT) for Q1 FY27?
Gallantt Ispat's Profit After Tax (PAT) for Q1 FY27 was ₹124 Cr, a 29% decrease compared to ₹174 Cr in Q1 FY26.
What was Gallantt Ispat's Revenue from Operations in Q1 FY27?
Gallantt Ispat reported Revenue from Operations of ₹1146 Cr for Q1 FY27, which is a 2% increase from ₹1128 Cr in Q1 FY26.
What was the EBITDA and EBITDA margin for Gallantt Ispat in Q1 FY27?
EBITDA for Gallantt Ispat in Q1 FY27 was ₹203 Cr, resulting in an EBITDA margin of 18%. This compares to ₹254 Cr EBITDA and 23% margin in Q1 FY26.
How did operational volumes fare for Gallantt Ispat in Q1 FY27?
Pellet production volumes decreased 36% YoY to 112.3 KT in Q1 FY27 due to a planned annual shutdown, impacting downstream DRI and steel operations.
What is the status of Gallantt Ispat's expansion plans?
The company's ₹3000 Cr expansion to achieve 1.23 MMTPA capacity remains on track for completion by H2 FY27.
Questions based on this BSE filing only. For information purposes.