Gallantt Ispat Limited · NSE:GALLANTT
Gallantt Ispat — Q1 FY27 Earnings Presentation
27 slides from Gallantt Ispat's earnings presentation, Jul 29, 2026
Slide 1: Cover letter to stock exchanges
Gaunru-IT GtL/GKP12026-27 )uly 29,2O26 BSE Limited National Stock Exchange of lndia Limited Floor 25, P J Towers, Dalal Street ,,EXCHANGE PLAZA", Mumbai- 400 001. lNDlA. Bandra - Kurla Complex, Bandra (East) Scrip Code: 532726 Mumbai - 400 051, lNDlA. Symbol: GALLANTT SUB: REVISED INVESTOR PRESENTAT
Slide 2: Gallantt Ispat Limited Q1 FY27 Investor Presentation
Gallantt Ispat Limited Q1 FY27 Investor Presentation
Slide 3: Disclaimer
Disclaimer This presentation may contain certain forward-looking statements concerning the steel sector, the broader economy and the future business prospects and profitability of Gallantt Ispat Limited. These statements are subject to a number of risks and uncertainties, and actual results may mate
Slide 4: Gallantt at a Glance
Gallantt at a Glance CAPACITIES GROWTH ENGINE RATING 1.0 MMTPA Finished Steel 129 MW Captive Power PAT Growth: 0.7% (QoQ) IND AA-/Stable 5,000+ Workforce EBITDA Growth: (-2.6)% (QoQ) Long Term rating ₹ 300 Cr Land Bank HUBS LOGISTICS TECHNOLOGY Manufacturing Units Dedicated Rail Rakes SAP Implementa
Slide 5: Journey in Milestones
Journey in Milestones • Commencement of commercial operations at a 1.7 lakh MTPA • Prepayment of term loan integrated steel plant • Capacity expanded at both units • Declared Preferred Bidder for the Todupura Iron • Captive Power capacity of 25 MW in to 10 lakh MTPA Ore Block, Rajasthan Kutch, Gujar
Slide 6: Global Steel Outlook
Global Steel Outlook REGIONAL STEEL DEMAND OUTLOOK GLOBAL STEEL SNAPSHOT (2025/2026F) (CY2026) Demand Growth (% YoY) India 8.5% Global Steel Global Crude Steel Demand (2026F) Production (2025) Middle East 3.5% 1,773 MT 1.85 Bn Tonnes Africa 3.3% +1.3% YoY -2.0% YoY USA 1.9% Developed 1.6% India Crud
Slide 7: India Steel Outlook
India Steel Outlook Production (MT) Finished Steel Consumption (MT) Crude Steel Finished Steel 42 42 41 38 41 39 Q1 FY2026 Q1 FY2027 Q1 FY2026 Q1 FY2027 Q1 FY2026 Q1 FY2027 Steel Imports ‘000 t Steel Exports ‘000 t 1593 2064 1213 1384 Q1 FY2026 Q1 FY2027 Q1 FY2026 Q1 FY2027 Policy Support and Infras
Slide 8: Investment Thesis
Investment Thesis Locational Advantage Debt-Free Capital Deployment Kutch, Gujarat ▪ Plant positioned near Kandla Port, enabling export efficiency • ₹ 1200 Cr of capex incurred without external borrowing funded entirely through internal accruals over a 5-year period Gorakhpur, UP • Strategically ali
Slide 9: Backward Integrated Ecosystem
Backward Integrated Ecosystem THE ENERGY FEEDER Power Plants Upcoming (Thermal + WHRB) Solar Plants Sponge Iron Pellets MS Billets TMT Bars (DRI) Secured Mines (Rajasthan & UP) THE LOGISTICS FEEDER Captive Rail Logistics ▪ Owned Rail Rakes ▪ Railway Siding ▪ Modern Wagon and Truck Tippler
Slide 10: Geographical Presence
Geographical Presence Iron Ore Mine 260 hectares (~85 MT) Sales Office Todpura, Rajasthan Lucknow, UP Gorakhpur Plant 6 lakh MTPA Thermal Power Plant 51 MW (Operational) Kutch, Gujarat Thermal Power Plant 78 MW (Operational) Solar Power Plant Gorakhpur, UP 18 MW (Jul 2026) Sidhpur, Gujarat Solar Pow
Slide 11: FY26 Financial Snapshot
FY26 Financial Snapshot Revenue 2.9% CPLY EBITDA 9.3% CPLY EBITDA Margin 102 bps CPLY ₹ 4418.9 Cr ₹ 776.0 Cr 17.6% Net revenue driven by increase in volume by 2.9% Operating profitability sustained through cost control Margin expansion driven by integration benefits control EBITDA per Tonne 5.7% CPL
Slide 12: Q1 FY27 Financial Snapshot
Q1 FY27 Financial Snapshot Revenue 4.9% QoQ EBITDA 2.6% QoQ EBITDA Margin 50 bps QoQ ₹ 1145.7 Cr ₹ 203.4 Cr 17.8% EBITDA per tonne 1.1% QoQ PAT 0.7% QoQ PAT Margin 60 bps QoQ ₹ 8787.0 ₹ 123.7 Cr 10.8 %
Slide 13: Key Metrics
Key Metrics Revenue (in ₹ Cr) EBITDA (in ₹ Cr) EBITDA Margin % EBITDA per tonne (in ₹) 4293 4419 11068 8,882 22.5 17.3 17.8 17 18 8,787 8784.7 8308.2 1128 1205 1146 254 209 203 710 776 Q1FY26 Q4FY26 Q1FY27 FY25 FY26 Q1FY26 Q4FY26 Q1 FY27 FY25 FY26 Q1 FY26 Q4 FY26 Q1 FY27 FY25 FY26 4.9 % QoQ 2.94 % C
Slide 14: EBITDA Bridge Per Tonne: Q1FY26 to Q1FY27
EBITDA Bridge Per Tonne : Q1FY26 to Q1FY27 ₹ 777 ₹ 11,068 ₹- ₹ -2,269 ₹ -73 ₹ 8,787 ₹ -311 ₹ -405 EBITDA Q1FY26 Volume NSR Raw Material Power & Fuel Fixed Cost Others EBITDA Q1FY27 Raw Material cost up 9.0% YoY due to higher coal prices and input costs further increased as the production at the Pell
Slide 15: Operating Leverage Playing Out – A Structural Shift
GALLANTT’S OPERATING LEVERAGE PLAYING OUT – A STRUCTURAL SHIFT Dec’22 → Dec’23 Dec’24 → Jun’25 Initial Cost Discipline + Stable Ramp-up of Expanded Capacities PREPARED TO MAKE Operations WHRB share to 45% THIS A STRUCTURAL SHIFT We are building the right foundations to sustain ₹ 1,400 25% ₹ 1,177 ₹
Slide 16: FY26 Operational Update
FY26 Operational Update Production Volumes Gorakhpur Plant Kutch Plant Total Product FY26 FY25 CPLY FY26 FY25 CPLY FY26 FY25 CPLY Power Plant (million units) 518.3 474.6 9.2% 336.0 330.3 1.7% 854.3 804.9 6.1% Pellet (KT) 818.9 599.1 36.7% 0 0 - 818.9 599.1 36.7% DRI – Sponge Iron (KT) 577.6 411.0 40
Slide 17: Q1 FY27 Operational Update
Q1 FY27 Operational Update Production Volumes Gorakhpur Plant Kutch Plant Total Product Q1 FY27 Q4 FY26 QoQ Q1 FY26 YoY Q1 FY27 Q4 FY26 QoQ Q1 FY26 YoY Q1 FY27 Q4 FY26 QoQ Q1 FY26 YoY Power Plant (MWH) 73 73 0% 70 4% 43 43.30 -1% 41 5% 116 116 -1% 111 4% Pellet (KT) 112.3 221.6 -49% 174.5 -36% - - -
Slide 18: Medium term Growth Trajectory
Medium term Growth Trajectory Capacity Raw Material Renewable Expansion Deepening Shift Phased expansion to total Capex of ₹1,500 Cr capex in Capex deployment of ₹300 installed capacity of ~12.3 Sonbhadra (UP) mines and Cr for 78MW solar plant lakh MT across Gorakhpur & Todpura (Rajasthan) mines Kut
Slide 19: Value Accretive Capex
Value Accretive Capex Operating Efficiency FY2023 72.5% FY2024 83.0% FY2025 89.3% FY2026 85.7% ROCE (%) 2,293 23% 23% 2,095 2,126 1,711 16% 1,441 15% 14% 1,246 13% 0.2 0.2 0.2 0.1 0.1 0.1 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Mar-21 Mar-22 Mar-23 Mar-24 Mar-25 Mar-26 Gross Block (₹ Cr) Debt / Eq
Slide 20: Revenue Premiumization
Revenue Premiumization Value-Added Product Mix Gallantt Advance ▪ Premium grades (Fe 550D, Fe 600) with superior ductility ▪ Advanced thermal treatment for higher tensile strength ▪ Corrosion-resistant solutions for coastal / high-moisture zones ▪ Shift toward high-performance steel supporting highe
Slide 21: Expanding Dealer & Distributor Strength
Expanding Dealer & Distributor Strength Gallantt's extensive dealer-led distribution system provides deep retail penetration, demand visibility, and pricing power; critical advantages in regional steel markets. 3,000+ Active Dealers Regional Dominance Demand Stability & Pricing Power A fragmented de
Slide 22: ESG: Environmental
ESG: Environmental Sustainable Resource Zero Liquid Waste Minimization Emissions Control & Use Discharge GHG Minimization Responsible sourcing and Company-wide ZLD framework Closed-loop operations with Aligned with global enables closed-loop water continuous optimization to increased use of secondar
Slide 23: ESG: Social
ESG: Social ₹ 47 Cr Total CSR Spend over 5 years Investment in Community Education & Tribal Sports for Animal Welfare Educational Development Hunger Alleviation Upliftment differently abled Green Cattle Feed Infrastructure • 50,000+ Beneficiaries • State-of-the-art • 2,000 Meals served • 3,000+ stud
Slide 24: ESG: Governance
ESG: Governance Mr. Chandra Prakash Mr. Dindayal Jalan Mr. Prem Prakash Mr. Dinesh R. Agrawal Agrawal Agrawal Chairman & MD Vice Chairman & Whole Whole Time Director Whole Time Director Time Director Mr. Nitin Kandoi Mr. Ashtbhuja P Mr. Atul Kumar Gupta Mr. Kishore Pariyar Srivastava Whole Time Dire
Slide 25: Profit & Loss Statement
Profit & Loss Statement Particulars (₹. Cr) Q1 FY27 Q1 FY26 YoY Q4 FY26 QoQ FY26 FY25 CPLY Income from Operations Revenue from operations 1146 1128 2% 1205 -5% 4,419 4,293 2.94% Other income 18 6.8 168% 25 -25% 60 15 Total Income 1164 1135 3% 1229 -5% 4,479 4,308 3.95% Expenses Cost of raw materials
Slide 26: Shareholding Pattern
Shareholding Pattern BSE Ticker 532726 Shareholding Pattern (As on 30th June, 2026) NSE Symbol GALLANTT 29.87% No. of Shares Outstanding* 24,12,80,945 Share Price** 690.65 0.10% 70.03% Market Cap (Rs. Cr) 16575.6 Industry Iron & Steel Products Promoters DIIs Public * As on June 2026 |** BSE Share pr
Slide 27: Thank You
Thank You For further information: Adfactors PR, Investor Relations Vanessa Fernandes vanessa.fernandes@adfactorspr.co m Heer Shah heer.shah@adfactorspr.com