Why I Like Gallantt Ispat Limited (NSE:GALLISPAT)

Simply Wall St
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Building up an investment case requires looking at a stock holistically. Today I've chosen to put the spotlight on Gallantt Ispat Limited (NSE:GALLISPAT) due to its excellent fundamentals in more than one area. GALLISPAT is a company with great financial health as well as a a strong history of performance. Below, I've touched on some key aspects you should know on a high level. For those interested in digging a bit deeper into my commentary, take a look at the report on Gallantt Ispat here.

Flawless balance sheet with proven track record

GALLISPAT has a strong track record of performance. In the previous year, GALLISPAT delivered an impressive double-digit return of 12% Unsurprisingly, GALLISPAT surpassed the industry return of 7.8%, which gives us more confidence of the company's capacity to drive earnings going forward. GALLISPAT's strong financial health means that all of its upcoming liability payments are able to be met by its current cash and short-term investment holdings. This suggests prudent control over cash and cost by management, which is a key determinant of the company’s health. GALLISPAT appears to have made good use of debt, producing operating cash levels of 0.22x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.

NSEI:GALLISPAT Income Statement, September 17th 2019
NSEI:GALLISPAT Income Statement, September 17th 2019

Next Steps:

For Gallantt Ispat, I've compiled three relevant aspects you should look at:

  1. Future Outlook: What are well-informed industry analysts predicting for GALLISPAT’s future growth? Take a look at our free research report of analyst consensus for GALLISPAT’s outlook.

  2. Valuation: What is GALLISPAT worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether GALLISPAT is currently mispriced by the market.

  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of GALLISPAT? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

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