Iron & Steel Company Posts Strong Q4 Business Update; Shares Jump 13%, Delivers Over 60% Returns in a Year

The recently concluded quarter has been a strong and encouraging one for the company. Following this, Gallantt Ispat Ltd’s share price rose by over 13 per cent in early trade on Tuesday.

The underlying data clearly points to a broad-based improvement in production and sales. Power generation stood at 2,23,789 Mega Units in Q4 FY26, registering a healthy growth of approximately 14 per cent compared to the same period last year. On a full-year basis, power production reached 8,54,292 Mega Units, marking a 6 per cent increase over FY25.

The company witnessed particularly robust growth in pellet production, which rose sharply by 59 per cent year-on-year during the quarter to 2,21,612 MT. For the full year FY26, pellet production stood at 8,18,865 MT, reflecting a strong 37 per cent growth over the previous year. Sponge iron production also delivered an impressive performance, growing by 38 per cent in Q4 FY26 to 2,44,555 MT, while annual production increased by 21 per cent to 9,14,749 MT.

Billet production for the quarter came in at 2,35,212 MT, up 9 per cent year-on-year, while full-year production grew modestly by 3 per cent to 8,83,400 MT. Similarly, M.S. bar production recorded a 9 per cent increase during the quarter at 2,10,243 MT, with annual production reaching 7,87,593 MT, reflecting a steady 3 per cent growth over FY25.

On the sales front, the company reported a strong uptick in billet sales, which grew by 30 per cent year-on-year in Q4 FY26 to 19,377 MT. For the full year, billet sales rose by 18 per cent to 81,237 MT. M.S. bar sales also showed consistent performance, increasing by 8 per cent during the quarter to 2,07,563 MT, while full-year sales stood at 7,65,815 MT, up 2 per cent compared to the previous year.

Operationally, the company maintained a high level of efficiency, achieving capacity utilisation of 91 per cent during Q4 FY26 and 86 per cent for the full year. Steel production stood at 0.24 million tonnes in the quarter, registering a 9 per cent year-on-year growth, while annual steel production reached 0.88 million tonnes, up 3 per cent compared to FY25.

Steel sales mirrored this trend, with Q4 FY26 sales at 0.23 million tonnes, also reflecting a 9 per cent growth over the same period last year. For the full year FY26, steel sales stood at 0.85 million tonnes, marking a steady 3 per cent increase.

About Gallantt Ispat Ltd

Gallantt Ispat Limited is a forward-looking and integrated steel and mining company with a strong legacy of consistent growth. The company manufactures a wide range of iron and steel products, supported by a captive power plant that enhances operational resilience, improves cost efficiency, and ensures long-term sustainability.

With a strong presence in its core markets, the company has established itself as the largest producer of rebars in Uttar Pradesh, commanding an impressive 25 per cent market share in its addressable geographies.

Gallantt Ispat Ltd Share Price Performance

Gallantt Ispat Ltd's share price surged sharply in early trade on Tuesday amid positive sentiment over its recent performance. The stock was trading at Rs 639.95 at 09:53 AM, marking a strong gain of Rs 75.35 or 13.35 per cent. It opened the session at Rs 575.00 and quickly gathered momentum during the morning trade.

The stock touched an Intraday high of Rs 643.70 and recorded a low of Rs 572.05 during the trading session.

Year-to-date (YTD) return stands at 18.57 per cent. Over the past year, the stock has gained an impressive 61.55 per cent.

Disclaimer: The article is for informational purposes only and not investment advice.