21-Oct-2026 17:00:33
GALLANTT ISPAT Q2 CONCALL : STEEL CAPACITY EXPANSION, EBITDA RECOVERY & ₹2,000/TONNE MINING BENEFIT TARGET
• GORAKHPUR CAPACITY EXPANSION EXPECTED TO COMMISSION AROUND 10 NOVEMBER 2026 • ANNUAL STEEL CAPACITY TO INCREASE FROM 1 MTPA TO 1.23 MTPA • GORAKHPUR PLANT UTILIZATION TARGETED AT 85–90% BY DECEMBER-END 2026 • FULL BENEFIT OF EXPANDED CAPACITY EXPECTED FROM Q4 FY27 • EBITDA MARGIN RECOVERY EXPECTED FROM Q3 FY27, SUPPORTED BY HIGHER REALIZATIONS & CAPTIVE POWER RESTORATION • CAPTIVE IRON ORE MINING OPERATIONS TARGETED TO BEGIN IN FY28 • CAPTIVE MINING EXPECTED TO DELIVER APPROXIMATELY ₹2,000/TONNE EBITDA BENEFIT AFTER FULL RAMP-UP • 78 MW SOLAR POWER CAPACITY TARGETED FOR COMMISSIONING IN PHASES BY Q4 FY27 • SOLAR PROJECTS EXPECTED TO GENERATE ₹30–40 CR ANNUAL POWER COST SAVINGS ONCE FULLY OPERATIONAL • GUJARAT SPONGE IRON PLANT COMMISSIONING TARGETED FOR Q4 FY27; BENEFITS EXPECTED FROM FY28 • OVERALL CAPACITY UTILIZATION EXPECTED TO IMPROVE BY 3–5% IN FY28 • APPROXIMATELY ₹500 CR ADDITIONAL CAPEX PLANNED DURING H2 FY27, FUNDED THROUGH INTERNAL ACCRUALS • NEXT MAJOR STEEL CAPACITY EXPANSION PLAN EXPECTED TO BE ANNOUNCED IN Q4 FY27 • MINING APPROVAL DELAYS, COAL COST INFLATION & PROJECT EXECUTION REMAIN KEY RISKS
GALLANTT ISPAT LIMITED