By BullScreen Editorial Team 
Shares of Gallantt Ispat Ltd., a key player in the iron and steel industry, jumped nearly 14% to an intraday high of Rs. 643.70, following the release of its robust Q4 FY26 business update. The stock climbed from its previous close of Rs. 564.60, reflecting strong investor confidence in the company’s operational performance. The company currently trades at a P/E of 32, higher than the industry average of 18.6, with a market capitalization of Rs. 15,338 Crores.
The company reported an impressive capacity utilization of 91% in Q4, up from 86% for the full fiscal year, highlighting efficient production across its steel, pellet, and power segments. Power generation rose 14% year-on-year (YoY) to 2,23,789 mega units in Q4, while full-year output grew 6% to 8,54,292 mega units. Pellet production surged 59% YoY to 2,21,612 MT in the quarter, and sponge iron output increased 38% YoY to 2,44,555 MT.
Finished steel products also showed growth. Billet production rose 9% YoY to 2,35,212 MT, while M.S. Bar production increased 9% to 2,10,243 MT in Q4. Dispatches reflected similar momentum, with billet dispatches up 30% YoY and M.S. Bar dispatches rising 8% during the quarter.
Despite these operational gains, full-year financials show a mixed picture. Revenue from operations decreased 3.9% to Rs. 1,074 Crores, operating profit fell 22% to Rs. 154 Crores, and net profit declined 12.3% to Rs. 100 Crores. However, quarterly results indicate recovery, with revenue up 6%, operating profit up 16.6%, and net profit up 12.3% compared to Q3 FY26.
Gallantt Ispat, headquartered in Eastern Uttar Pradesh, is a major supplier of rebars, holding a 25% market share in its core regions. Its diversified operations across steel, agro, power, and real estate, combined with high capacity utilization, underline its resilience in a competitive market.