Gorakhpur: Gallantt Ispat Limited, the largest producer of Rebars in Uttar Pradesh with a 25% market share in its addressable geographies, has announced its Q4 & FY26 Financial Results. The Company delivered a resilient performance in FY2026, maintaining profitability through a period of softer steel realisations, driven by the structural cost advantages of its integrated manufacturing model and the progressive benefits of its backward integration investments.
Q4 FY26 Key Financial Highlights
- Revenue from Operations for Q4 FY26 stood at ₹ 1204.8 Cr, as compared to ₹1072.1 Cr in Q4 FY25 (YoY: 12.4%) and ₹1073.6 Cr in Q3 FY26 (QoQ: 12.2%)
- EBITDA for Q4 FY26 was ₹ 208.9 Cr (vs ₹ 194.7 Cr in Q4 FY25), translating to an EBITDA margin of 17.3%
- EBITDA per tonne marginally reduced to ₹ 8882 in Q4 FY26 as compared to ₹ 9066.1 in Q4 FY25, however it improvedby 13.3% as compared to Q3FY26 on a QoQ basis
- Profit After Tax (PAT) for Q4 FY26 stood at ₹ 122.8 Cr with a PAT margin of 10.2% as compared to ₹ 116.3 Cr in Q4FY25 with a PAT margin of 10.8%
FY26 Key Financial Highlights
- Revenue from Operations for FY26 stood at ₹ 4418.9 Cr vs ₹ 4292.7 Cr in FY25, with volume growth of 2.9% YoY offsetting softer realisations through the year
- EBITDA for FY26 stood at ₹ 776.0 Cr with healthy EBITDA margins of 17.6%, demonstrating resilient margin management through a challenging pricing environment
- EBITDA per tonne improved to ₹8784.7 in FY26 from ₹8308.2 in FY25, reflecting structural gains driven by raw material cost efficiencies, integration benefits, and improved operating leverage, independent of steel price tailwinds
- PAT for FY26 stood at ₹ 484.3 Cr, a 20.8% growth over FY25, with PAT margins of 11.0%
- Gallantt remains a net cash, zero term-debt company. The ongoing ₹3000 Cr capex programme, spanning capacity expansion, mine development, and renewable energy, is being funded through strong internal cash generation, with flexibility to access external capital as appropriate









