Gallantt Ispat proposes ₹2 final dividend for FY26

What Gallantt Ispat announced

Gallantt Ispat Ltd has proposed a final dividend of 20% for the financial year ended 31 March 2026. The recommended payout is ₹2.00 per equity share, on a face value of ₹10 per share. The proposal is subject to shareholder approval at the company’s upcoming annual general meeting (AGM). If shareholders approve the recommendation, the company said the dividend would be paid within 30 days of declaration.

Final dividend details for FY26

The announcement positions the FY26 final dividend as a board-recommended corporate action, rather than a declared payout at this stage. The company has specified the percentage (20%) and the per-share amount (₹2.00), which aligns with the face value of ₹10 per share. Investors tracking dividend timelines typically watch for two milestones here: AGM approval and the subsequent payment window. Gallantt Ispat has explicitly guided that the payment would be completed within 30 days from declaration, assuming approval.

Q4 FY26 performance snapshot

Alongside the dividend proposal, the shared financial snapshot for Q4 FY26 shows revenue of ₹1,204.81 crore and net profit of ₹122.84 crore. Earnings per share (EPS) for the quarter was reported at ₹5.09. These figures were presented as Q4 and FY26 highlights, giving a quick view of profitability and per-share earnings for the quarter.

Full-year FY26 numbers: revenue, profit and EPS

For the full financial year ended 31 March 2026, Gallantt Ispat reported revenue of ₹4,418.92 crore and net profit of ₹484.27 crore. Full-year EPS was stated at ₹20.07. The combination of FY26 profitability and the proposed final dividend is likely to be a focus area for shareholders ahead of the AGM.

Board meeting and results approval schedule

A board meeting was scheduled for 5 May 2026. The agenda included approval of audited financial results for Q4 and the full year ended 31 March 2026. It also included review and approval of audited annual accounts and notes for FY26, and consideration of dividend. In the same context of corporate actions and compliance, the update also referenced the insider trading window being closed until 7 May 2026.

Earnings call on May 6: who will lead it

Gallantt Ispat’s Q4 FY26 earnings call was scheduled for 6 May 2026 at 2:00 PM IST. The call was to be led by CEO Mr. Mayank Agrawal, Vice Chairman Mr. Dindayal Jalan, and CFO Mr. Pradyumna Satpathy. Universal access numbers for India were provided as +91 22 6280 1524 and +91 22 7115 8820.

Recent quarterly context from FY26 (December 2025 quarter)

For the quarter ended December 2025, reported consolidated net sales were ₹1,073.58 crore, compared with ₹1,118.32 crore in December 2024. Consolidated net profit for December 2025 was ₹100.41 crore versus ₹113.67 crore in the year-ago quarter. EBITDA was reported at ₹168.69 crore for December 2025, down from ₹199.86 crore a year earlier, and EPS was shown at ₹4.16 versus ₹4.71.

Stock and market references cited in the update

The update noted that Gallantt Ispat shares closed at ₹549.95 on 16 February 2026 (NSE). It also cited returns of -14.31% over the last six months and 74.50% over the last 12 months. Separately, the material also referenced trading at ₹589.40 per share as of 5 February 2026.

Key figures at a glance

Timeline of upcoming events

Why this matters for shareholders

The proposed ₹2 per share final dividend, if approved, provides clarity on FY26 shareholder payout and the expected payout timeline. The FY26 EPS of ₹20.07 and net profit of ₹484.27 crore provide the earnings context in which the board has recommended the dividend. The May 2026 schedule sets up two near-term checkpoints: audited results approval at the board meeting and management commentary on the earnings call. For investors following the company, these events and disclosures can help reconcile performance trends seen across FY26 quarters with the company’s capital return actions.

Conclusion

Gallantt Ispat’s board has recommended a 20% final dividend of ₹2 per share for FY26, subject to shareholder approval, alongside publishing headline Q4 and full-year financial metrics. The next formal milestones are the 5 May 2026 board meeting covering audited accounts and the 6 May 2026 earnings call, with dividend payment guidance of within 30 days after declaration if approved at the AGM.