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Gallantt Ispat Ltd Stock Analysis

Small Cap
Evaluated by 303 users | BSE: 533265 | NSE: GALLISPAT |
Steel & Iron Products
Gallantt Ispat was incorporated in February 2005 at Kolkata and is promoted by Chandra Prakash Agrawal, Prem Prakash Agarwal, Nitin M Kandoi, Chandra Prakash Agarwal & Sons HUF and Gallantt Metal. The company is one of the growing companies in Uttar Pradesh engaged in the manufacturing and...

Analysis of Financial Track Record

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.
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed -2.86%3.04%3.14%7.57%9.18%8.51%8.07%9.8%15.25%6.4%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 2292694124755635354255751,2291,020
Y-o-Y Gr. Rt.-17.8%53.1%15.2%18.6%-5.1%-20.6%35.5%113.6%-17%
Adjusted EPS (Rs.) -0.41-0.12-0.150.570.941.061.281.94.322.05
Y-o-Y Gr. Rt.-NANANA64.9%12.8%20.8%48.4%127.4%-52.6%
Book Value per Share (Rs.) 5.26.767.137.0611.212.4613.9515.7927.0629.12
Adjusted Net Profit -11-3.2-416.727.529.836.253.612257.9
Net Op. Cash Flow (Rs. Cr.) 19.715.430.335.442.546.770.576.150140
Debt to Cash Flow from Ops 7.028.535.784.311.421.861.963.124.831.69
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Gallantt Ispat Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 18.1%12.6%33.9%-17%
Adjusted EPS NA16.9%17%-52.6%
Book Value per Share 21.121.127.87.6
Share Price 31.4% -3% 19.7% 125.1%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) -9.09-1.99-2.168.3910.328.799.7112.7520.167.3
Operating Profit Margin (%) -0.128.487.3810.899.3210.1112.2316.0315.36.33
Net Profit Margin (%) -4.83-1.18-0.983.514.895.588.539.319.925.67
Debt to Equity 0.990.880.920.740.180.250.350.530.320.29
Working Capital Days 95116114132144186251235136168
Cash Conversion Cycle 29505051464751504562
Entity Percentage Holding
Promoters 63.09%
Non-Institutions 36.91%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Gallantt Ispat Ltd's performance infers:

Gallantt Ispat Ltd earnings have grown by 16.9%, whereas share price has depreciated -3% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Gallantt Ispat Ltd share prices over the last 10 years. Here is what we found out:

Gallantt Ispat Ltd share price has depreciated 18.3% annually over the past ten years.

Gallantt Ispat was incorporated in February 2005 at Kolkata and is promoted by Chandra Prakash Agrawal, Prem Prakash Agarwal, Nitin M Kandoi, Chandra Prakash Agarwal & Sons HUF and Gallantt Metal.

The company is one of the growing companies in Uttar Pradesh engaged in the manufacturing and marketing of sponge iron, mild steel billets, re-rolled products (TMT bars and mild steel structural) and wheat flour products

The company was incorporated with a view to set up an integrated

Gallantt Ispat was incorporated in February 2005 at Kolkata and is promoted by Chandra Prakash Agrawal, Prem Prakash Agarwal, Nitin M Kandoi, Chandra Prakash Agarwal & Sons HUF and Gallantt Metal.

The company is one of the growing companies in Uttar Pradesh engaged in the manufacturing and marketing of sponge iron, mild steel billets, re-rolled products (TMT bars and mild steel structural) and wheat flour products

The company was incorporated with a view to set up an integrated steel plant and modern roller flour mill at Sector- 23, GIDA, Sahjanwa, Gorakhpur - Uttar Pradesh, to manufacture sponge iron, mild steel billets, re-rolled products (TMT bars), flour. Considering the power requirements of its existing manufacturing facilities, the company also proposes to set up a captive power plant to meet its present requirement of power. The company has already commenced commercial productions for mild steel billets, re-rolled products (TMT bars) in May 2009 and wheat flour products in March 2009. The company also proposes to expand its business into sponge iron production.

The in house consumption of entire sponge iron to manufacture billets, which is further rolled into TMT bars along with installation of captive power plant to utilize the waste heat would improve the profitability of the project thereby making it economically more viable.

At GIL, success is measured in terms of customer satisfaction and quality that is built into every product. The value of commitment to quality is also cherished by each of its 256 staff members. The company has met standards of Bureau of Indian Standards and has received the IS 1786:2008 certification for high strength deformed steel bars for concrete reinforcements (TMT).

Setting up the integrated steel plant and flour mill in Gorakhpur, Uttar Pradesh also provides the company with benefits like Interest free loan equivalent to sales tax amount for a period of 15 years, transport subsidy for 15 years, 20% subsidy of fixed capital investment, 5% additional subsidy of fixed capital investment being first unit under this scheme and exemption of Mandi tax-2% on wheat purchase, among other benefits.

Products of the company

  • Sponge Iron
  • M. S. Billets
  • Re-rolled Products
  • Captive Power Plant
  • Flour Mill

Group companies

  • Gallantt Metal, Kutch - Gujarat
  • Gallantt Udyog, U.P.

Milestones

  • February 11, 2005: Incorporation of the company
  • February 16, 2005: Received certificate of commencement of business
  • September 30, 2007: Issued bonus shares to its members in the ratio of seven equity shares for every three equity shares held
  • October 1, 2007: General investment division of Gallantt Udyog demerged into the company
  • April 1, 2008: Zircon Commercial, DR Advisory Services, Mantra Vanijya, Dynasty Sales, Sridhar Tie-Up, Sanhati Tradlink and Mrinmoyee Sales amalgamated with the  company
  • November 17, 2008: The company entered into a consortium agreement with the State Bank of India, State Bank of Mysore and the State Bank of Patiala for availing an amount of Rs 12,600 lakh
  • March 4, 2009: Start of commercial operations of flour mill with an installed capacity of 1,08,000 MTPA and also Start of commercial operations of steel melt shop with an installed capacity of 1,62,380 MTPA
  • May 11, 2009: Start of commercial operations of rolling mill with an installed capacity of 1,67,400 MTPA
  • October 15, 2009: Received quality certification, IS 1786:2008 from the Bureau of Indian Standards for high strength deformed steel bars and wires for concrete reinforcement (TMT)
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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