Gallantt Ispat Ltd.
Fortune 500 2024
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OVERVIEW
FINANCIALS
About
Gallantt Ispat Limited (GIL) is an integrated steel manufacturing company, specializing in sponge iron, steel, and TMT bars production. Established through the amalgamation of Gallantt Ispat Limited and Gallantt Metal Limited in 2022, GIL is a publicly listed company on the BSE and NSE. The company operates on 228 acres across Uttar Pradesh and Gujarat and employs approximately 3,500 people directly and indirectly. GIL is supported by captive power plants and a private railway siding for efficient logistics. Beyond manufacturing, the company has recently expanded into real estate with their flagship project, Shalimar Gallantt in Lucknow, demonstrating its strategic diversification approach.
Incorporation Year: 2005
Headquarters: Gorakhpur, Uttar Pradesh
Top Management: Chairman, MD - Chandra Prakash Agrawal , CEO - Mayank Agrawal
Industry: Metals
Website: gallantt.com
Featured In Fortune India Ranking
Fortune 500 India
#480(2024)
#463(2023)
#463(2022)
#480(2024)#463(2023)#463(2022)
Ranking Trend Fortune 500 India
Next 500 India
#235(2022)#271(2022)#310(2021)#272(2020)#342(2019)#400(2016)#497(2016)
#235(2022)#271(2022)#310(2021)#272(2020)#342(2019)#400(2016)#497(2016)
Ranking Trend Fortune Next 500 India
Financial Data 2024
Revenue
4,270
(INR Cr)
Net Operating Income
4,227
(INR Cr)
Assets
2,927
(INR Cr)
Profit
225
(INR Cr)
Net Worth
2,451
(INR Cr)
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 4270 6.2% | 4020 28.8% | 3122 211.6% | 1002 13.6% | 882 -18.6% | 1084 32.0% | 821 32.0% | 622 -6.2% | 663 -7.8% | 718 6.9% | 672 -0.7% | 677 14.1% | 594 4.5% | 568 29.8% | 438 -1.4% | 444 - |
| Net Operating Income (INR Cr) | 4227 4.20% | 4057 0.00% | 3017 43.33% | 1007 16.42% | 865 -18.68% | 1064 29.09% | 824 33.72% | 616 -8.02% | 670 -6.99% | 720 0.00% | 669 0.95% | 663 13.23% | 585 5.14% | 557 28.53% | 433 -1.81% | 441 14.07% |
| Profit (INR Cr) | 225 59.9% | 141 -19.9% | 176 116.0% | 81 263.2% | 22 -78.5% | 104 66.3% | 63 66.1% | 38 -17.4% | 46 34.7% | 34 125.4% | 15 -52.6% | 32 118.4% | 15 -36.6% | 23 -2.7% | 24 66.7% | 14 - |
| Assets (INR Cr) | 2927 5.4% | 2777 11.7% | 2485 191.6% | 852 9.4% | 779 13.4% | 687 16.6% | 589 18.9% | 496 14.7% | 432 16.0% | 373 -0.7% | 375 28.9% | 291 -8.4% | 318 4.0% | 306 -5.7% | 324 11.4% | 291 - |
| Net Worth (INR Cr) | 2451 10.1% | 2225 0.0% | 2083 9.3% | 737 12.5% | 655 3.2% | 635 19.1% | 533 26.6% | 421 13.8% | 370 31.5% | 282 0.0% | 248 6.5% | 233 15.8% | 201 7.8% | 186 14.0% | 163 16.9% | 140 26.9% |
| Employee Cost (INR Cr) | 108 22.7% | 88 22.4% | 72 118.1% | 33 13.1% | 29 -2.3% | 30 18.8% | 25 24.5% | 20 23.0% | 16 14.2% | 14 22.0% | 12 61.4% | 7 8.5% | 7 19.1% | 6 14.3% | 5 10.0% | 5 - |
| Interest Cost (INR Cr) | 28 | 27 | 20 | 10 | 6 | 6 | 7 | 6 | 7 | 12 | 12 | 10 | 16 | 14 | 14 | 18 |
| Cash & Bank Balance (INR Cr) | 12 | 11 | 13 | 7 | 5 | 4 | 6 | 3 | 5 | 6 | 4 | 17 | 11 | 7 | 8 | 11 |
| Total Debt (INR Cr) | 462 | 538 | 387 | 114 | 123 | 51 | 56 | 74 | 62 | 91 | 128 | 58 | 117 | 119 | 161 | 151 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 5.3% | 3.5% | 5.6% | 8.1% | 2.5% | 9.6% | 7.6% | 6.1% | 6.9% | 4.7% | 2.2% | 4.7% | 2.5% | 4.0% | 5.4% | 3.2% |
| Profit As % Of Assets | 7.7% | 5.1% | 7.1% | 9.6% | 2.9% | 15.2% | 10.7% | 7.6% | 10.6% | 9.1% | 4.0% | 10.9% | 4.6% | 7.5% | 7.3% | 4.9% |
| Profit As % Of Networth | 9.2% | 6.3% | 8.4% | 11.1% | 3.4% | 16.4% | 11.8% | 9.0% | 12.4% | 12.1% | 6.1% | 13.7% | 7.2% | 12.3% | 14.4% | 10.1% |
| Interest Cost to EBITDA % | 6.3% | 7.5% | 6.9% | 8.8% | 19.8% | 4.8% | 7.6% | 12.2% | 10.7% | 18.4% | 28.0% | 18.9% | 36.3% | 28.8% | 22.0% | 37.3% |
| Debt to Equity Ratio | 0.19 | 0.24 | 0.19 | 0.15 | 0.19 | 0.08 | 0.10 | 0.18 | 0.17 | 0.32 | 0.52 | 0.25 | 0.58 | 0.64 | 0.98 | 1.08 |
| RONW | 9.6% | 6.3% | 8.8% | 8.2% | 1.2% | 12.3% | 10.3% | 6.7% | 12.8% | 12.1% | 6.3% | 14.7% | 7.5% | 9.8% | 15.5% | 11.3% |
| ROCE | 11.9% | 9.6% | 10.8% | 12.0% | 2.6% | 18.2% | 14.0% | 7.8% | 12.6% | 13.0% | 8.6% | 14.3% | 10.0% | 11.6% | 16.3% | 13.8% |