Gallard Steel Ltd (544616) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 544616 | NSE: | Engineering - Industrial Equipments | Small Cap

Gallard Steel Share Price

203 0.50 0.25%
as on 05-Dec'25 11:58

Gallard Steel Ltd (544616) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 544616 | NSE: | Engineering - Industrial Equipments | Small Cap

DeciZen - make an informed investing decision on Gallard Steel

Based on:

Overall Rating
Login to view analysis. M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality


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2. Valuation


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3. Price Trend


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Gallard Steel stock performance -

Key Ratios
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P/E Ratio (SA):
65.86
Market Cap:
192.4 Cr.
52-wk low:
195.3
52-wk high:
246

Is Gallard Steel Ltd an attractive stock to invest in?


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10 Year X-Ray of Gallard Steel: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Gallard Steel Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'22Mar'23Mar'24TTM
ROCE % 5.8%16.4%22.5%-
Value Creation
Index
-0.60.20.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 14.120.62626
Sales YoY Gr.-46%26.4%-
Adj EPS 0.62.93.43.1
YoY Gr.-396.6%19.4%-
BVPS (₹) 12.615.415.40
Adj Net
Profit
0.21.12.43
Cash Flow from Ops. 0.3-22.7-
Debt/CF from Ops. 22.2-4.74.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANA26.4%
Adj EPS NANANA19.4%
BVPSNANANA-0.2%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'22Mar'23Mar'24TTM
Return on
Equity %
4.620.628.639.9
Op. Profit
Mgn %
99.318.5NAN
Net Profit
Mgn %
1.65.59.311.2
Debt to
Equity
1.51.61.2-
Working Cap
Days
01401740
Cash Conv.
Cycle
053550

Recent Performance Summary

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Latest Financials - Gallard Steel Ltd.

Standalone Consolidated
TTM EPS (₹) 3.1 6.4
TTM Sales (₹ Cr.) 26 53.3
BVPS (₹.) 0 57.5
Reserves (₹ Cr.) 39 45
P/BV 0.00 3.52
PE 65.86 31.71
From the Market
52 Week Low / High (₹) 195.30 / 245.95
All Time Low / High (₹) 211.40 / 245.95
Market Cap (₹ Cr.) 192
Equity (₹ Cr.) 9.5
Face Value (₹) 10
Industry PE 50.6

Management X-Ray of Gallard Steel:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Gallard Steel - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

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Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios of Gallard Steel

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24
Sales142126
Operating Expenses 131921
Manufacturing Costs245
Material Costs101413
Employee Cost 001
Other Costs 001
Operating Profit 125
Operating Profit Margin (%) 9.0%9.3%18.5%
Other Income 010
Interest 011
Depreciation 111
Exceptional Items 001
Profit Before Tax 023
Tax 000
Profit After Tax 013
PAT Margin (%) 1.6%5.5%11.2%
Adjusted EPS (₹)0.62.94.2
Dividend Payout Ratio (%)0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 5611
Share Capital 227
Reserves 344
Minority Interest000
Debt7811
Long Term Debt447
Short Term Debt244
Trade Payables345
Others Liabilities 122
Total Liabilities 151930

Fixed Assets

Gross Block9911
Accumulated Depreciation444
Net Fixed Assets 557
CWIP 445
Investments 002
Inventories334
Trade Receivables257
Cash Equivalents 001
Others Assets 124
Total Assets 151930

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24
Cash Flow From Operating Activity 0-23
PBT 023
Adjustment 102
Changes in Working Capital -1-4-2
Tax Paid 000
Cash Flow From Investing Activity -31-7
Capex -3-1-3
Net Investments 00-1
Others 01-3
Cash Flow From Financing Activity 224
Net Proceeds from Shares 002
Net Proceeds from Borrowing 2-02
Interest Paid -0-1-1
Dividend Paid 000
Others 121
Net Cash Flow 000

Finance Ratio

PARTICULARSMar'22Mar'23Mar'24
Ratios
ROE (%)4.6320.5634.64
ROCE (%)5.7716.3822.53
Asset Turnover Ratio0.941.21.06
PAT to CFO Conversion(x)N/A-21
Working Capital Days
Receivable Days525879
Inventory Days705351
Payable Days10083122

Gallard Steel Ltd Stock News

Gallard Steel Ltd FAQs

The current trading price of Gallard Steel on 05-Dec-2025 11:58 is ₹203.0.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Dec-2025 the market cap of Gallard Steel stood at ₹192.4.
The latest P/E ratio of Gallard Steel as of 04-Dec-2025 is 65.86.
The latest P/B ratio of Gallard Steel as of 04-Dec-2025 is 0.00.
The 52-week high of Gallard Steel is ₹245.9 and the 52-week low is ₹195.3.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Gallard Steel is ₹26.03 ( Cr.) .

About Gallard Steel Ltd

Gallard Steel was incorporated on April 9, 2015 under the name of ‘Gallard Steel Limited’, a limited Company under the provisions of the Companies Act, 2013, pursuant to a Certificate of Incorporation issued by Registrar of Companies, Gwalior, Madhya Pradesh. It is an engineering company engaged in the manufacturing of ready-to-use components, assemblies, and subassemblies for Indian railways, defence, power generation and allied industries. Its product portfolio includes critical components such as traction motor components and bogie assembly components for the railway sector, sub-assemblies for thermal and hydro turbines used in the power generation sector and components for industrial machinery, equipment and the defence sector. These components are manufactured using unmachined and machined castings made from metals including carbon steel, ductile iron, grey cast iron and medium and low alloy steels. Its clientele primarily comprises companies operating in the heavy engineering, railways and defence sector. 

In the railway sector, it supplies components for the production of traction motors and bogie assemblies, including control arms for FIAT LHB coaches, stator frames for various motors used by railways for manufacturing of traction motors serving the railway and heavy engineering industries. In the defence sector, it manufactures components such as cradles and recoiling assembly cylinders for government defence production units. In the power generation sector, it manufactures guide vanes, bush housings and fork systems for heavy engineering companies, which are used in hydro and thermal power generation. In components for industrial machinery and equipment, it manufactures High Temperature Resistance Liner and other components. 

It holds Class ‘A’ Foundry Status from the Research Designs and Standards Organization (RDSO), Ministry of Railways, confirming compliance with IS: 12117:1996 (Reaffirmed 2022). In addition, it has been approved by the competent authority under Indian Railways for capacity-cum-capability assessment to develop, manufacture and supply various critical components for electric locomotives and traction motors, including Suspension Tubes, Axle Boxes, Gear Cases, Axle Box housing and Control Arms. It is also an approved vendor for supplying critical components for defense applications, including Cradle Assemblies and Steel Castings, as per specific technical requirements.

It utilizes a range of in-house machinery and equipment to support processes such as melting, heat treatment, grinding, molding, sand mixing and finishing. This enables it to maintain a comprehensive production process, ensuring that its products meet the required standards for critical customer applications. In addition, it conducts in-house testing of its products using various equipment’s to evaluate parameters such as material composition, mechanical properties and defect detection, ensuring compliance with required client specifications.

Business area of the company

The company is engaged in the manufacturing of ready-to-use components, assemblies, and subassemblies for Indian railways, defence, power generation and allied industries. Its product portfolio includes critical components such as traction motor components and bogie assembly components for the railway sector, sub-assemblies for thermal and hydro turbines used in the power generation sector and components for industrial machinery, equipment and the defence sector. Its clientele primarily comprises companies operating in the heavy engineering, railways and defence sector.

Products of the company

  • Traction Motor Components & Bogie Assembly Components (Railways)
  • Industrial Machinery & Equipment Components
  • Hydro Turbine & Power Generation Components
  • Defense Components
  • Rebonded Foam

History and millstones

  • 2015: Incorporation of the company as ‘Gallard Steel Limited’ under the Companies Act, 2013.
  • 2016: ISO 9001:2015 Certification for QMS by BVQL
  • 2018: Achieved Class A Foundry Status
  • 2023-24: Crossed revenue of Rs. 25 crores
  • 2024: Acquired Sleeploop India Private Limited and made it a wholly-owned subsidiary
  • 2025: Incorporation of foreign subsidiary company, namely, Gallard Steel Europe B.V.

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