Kirloskar Ferrous Industries Limited
NSE: KIRLFERPig Iron
Share price
₹458.70
-1.28% close of 9 Oct 2026
Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.
Business score
How strong the business is, in one number. The parts behind it are in Pro.
57
out of 100 · worked out 9 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹7,523 Cr
P/E ratio
19.5
P/B ratio
2.0
ROCE
13.4%
ROE
14.5%
Dividend yield
1.3%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Sales grew 3.8% over the past year, and 13.7% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 14.1% to 12.1% over the last four years.
Whether it grew faster than its sector
It grew 13.7% a year against a sector median of 10.6% — 3.2 percentage points faster.
Room to re-rate, or risk of de-rating
At 19.5× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 18.3×, across 5 companies. It is against its own five-year median of 19.5×, the 50th percentile of its own range.
Whether growth justifies the valuation
Priced at 2.8 times its growth rate, on earnings growth of 7%.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Kirloskar Ferrous Industries Limited — this one | 7%/yr | 19.5× | ₹2.8 |
| Adani Enterprises | — | 143.1× | — |
| JSW Steel | 35%/yr | 23.7× | ₹0.68 |
| Hindustan Zinc | 10%/yr | 13.5× | ₹1.3 |
| Tata Steel | 10%/yr | 18.3× | ₹1.8 |
| Hindalco Industries | 19%/yr | 9.6× | ₹0.51 |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies across the whole Metals & Mining sector, it ranks 24 of 61 on returns, 20 of 52 on growth, 25 of 61 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
A narrow advantage: it earns 13.4% on capital, ahead of 61% of companies across its whole sector. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
Yes — Over the last five years it made ₹3304 crore of cash from the business, spent ₹2295 crore on plant and equipment, and returned ₹1196 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 5 years, about 180 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back more slowly than it used to: it went from being paid 13 days before it paid its own suppliers to waiting 7 days for its cash.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
9 of 9 checks clear · 100%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Announced 6 Aug 2026 · Consolidated · Unaudited
Revenue
₹1,772 Cr
Revenue vs last year
+4.3%
Revenue vs last quarter
-2.5%
Net profit
₹82 Cr
Profit vs last year
-65.4%
Profit vs last quarter
-34.7%
Net margin
4.6%
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹7,523 Cr
- Prev close
- ₹458.70
- 52w High
- ₹547
- 52w Low
- ₹336
- Enterprise value
- ₹8,437 Cr
- Beta
- 0.8
- Price CAGR 1y
- -10.0%
- Price CAGR 3y
- 0.0%
- Price CAGR 5y
- 13.0%
- Price CAGR 10y
- 18.0%
Ratios
- Return on assets
- 7.7%
- PEG ratio
- 2.8
- P/E ratio
- 19.5
- P/B ratio
- 2.0
- EV / EBITDA
- 10.0
- Industry P/E
- 19.6
- ROCE
- 13.4%
- ROCE 5y average
- 14.5%
- ROE
- 14.5%
- Debt / Equity
- 0.3
- Interest coverage
- 5.0
- Dividend yield
- 1.3%
- ROE 3y average
- 12.0%
- ROE last year
- 15.0%
Annual P&L
- Annual revenue
- ₹6,889 Cr
- Annual profit
- ₹507 Cr
- Operating margin
- 12.0%
- Net profit margin
- 7.4%
- EBITDA margin
- 12.3%
- Sales growth 3y
- 2.4%
- Sales growth 5y
- —
- Profit growth 3y
- 7.0%
- Profit growth 5y
- —
- EPS
- ₹30.8
- Sales growth TTM
- 4.0%
- Profit growth TTM
- -16.0%
- Dividend payout
- 20.0%
Quarter P&L
- Sales latest quarter
- ₹1,772 Cr
- Profit latest quarter
- ₹82 Cr
- YoY quarterly sales growth
- 4.3%
- YoY quarterly profit growth
- -65.5%
- OPM latest quarter
- 12.2%
Balance Sheet
- Book Value
- ₹235
- Face Value
- ₹5.0
- Total debt
- ₹1,036 Cr
- Total cash
- ₹122 Cr
- Borrowings
- ₹1,036 Cr
- Reserves / Equity
- 46.1
Cash Flow
- Operating cash flow
- ₹942 Cr
- Free cash flow
- ₹494 Cr
- FCF yield
- 4.9%
- Net cash flow
- ₹45 Cr
Shareholding
- Promoter holding
- 50.8%
- FII holding
- 1.7%
- DII holding
- 12.6%
- Public holding
- 35.0%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| Kirl. Ferrous | 473.80 | 20.3 | 7,825 | 1.27 | 82.3 | -55.3 | 1,771.5 | 4.3 | 13.4 |
| Median | 473.80 | 20.3 | 7,825 | 1.27 | 82.3 | -55.3 | 1,771.5 | 4.3 | 13.4 |
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,502 | 1,560 | 1,548 | 1,536 | 1,554 | 1,666 | 1,608 | 1,737 | 1,698 | 1,755 | 1,618 | 1,817 | 1,772 |
| Expenses | 1,295 | 1,306 | 1,316 | 1,371 | 1,367 | 1,472 | 1,434 | 1,536 | 1,481 | 1,541 | 1,432 | 1,593 | 1,556 |
| Material Cost | 1,005 | ||||||||||||
| Change in Inventories | -53 | ||||||||||||
| Purchases of Stock-in-Trade | 0 | ||||||||||||
| Employee Cost | 99 | ||||||||||||
| Other Expenses | 505 | ||||||||||||
| Operating Profit | 207 | 253 | 232 | 165 | 187 | 194 | 174 | 201 | 217 | 214 | 186 | 225 | 216 |
| OPM % | 14 | 16 | 15 | 11 | 12 | 12 | 11 | 12 | 13 | 12 | 11 | 12 | 12 |
| Other Income | 4 | -33 | 9 | -25 | 6 | 14 | 9 | 24 | 11 | 4 | -13 | 44 | -12 |
| Exceptional items (within Other Income) | -29 | ||||||||||||
| Interest | 29 | 30 | 30 | 32 | 33 | 37 | 39 | 35 | 34 | 33 | 29 | 30 | 29 |
| Depreciation | 47 | 57 | 63 | 72 | 61 | 63 | 65 | 67 | 64 | 66 | 67 | 69 | 69 |
| Profit before tax | 136 | 133 | 148 | 36 | 99 | 108 | 79 | 124 | 130 | 120 | 77 | 170 | 105 |
| Tax % | 32 | 39 | 29 | 51 | 29 | 28 | 31 | 25 | -83 | 28 | 29 | 26 | 22 |
| Net Profit | 93 | 82 | 105 | 18 | 70 | 78 | 54 | 92 | 238 | 86 | 55 | 126 | 82 |
| EPS in Rs | 5.32 | 5.87 | 7.56 | 1.28 | 5 | 4.72 | 3.30 | 5.61 | 14 | 5.24 | 3.34 | 7.62 | 4.99 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|
| Sales | 3,748 | 6,417 | 6,146 | 6,564 | 6,889 | 6,962 |
| Expenses | 3,105 | 5,582 | 5,290 | 5,802 | 6,039 | 6,121 |
| Operating Profit | 643 | 836 | 857 | 762 | 850 | 841 |
| OPM % | 17 | 13 | 14 | 12 | 12 | 12 |
| Other Income | 12 | 49 | -44 | 47 | 39 | 24 |
| Interest | 30 | 95 | 120 | 144 | 125 | 121 |
| Depreciation | 92 | 173 | 239 | 256 | 267 | 272 |
| Profit before tax | 533 | 617 | 453 | 408 | 497 | 472 |
| Tax % | 44 | 29 | 34 | 28 | -2 | |
| Net Profit | 300 | 437 | 298 | 294 | 507 | 349 |
| EPS in Rs | 25 | 31 | 21 | 18 | 31 | 21 |
| Dividend Payout % | 22 | 17 | 26 | 31 | 20 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- —
- 3 years
- 2%
- TTM
- 4%
Compounded profit growth
- 10 years
- —
- 5 years
- —
- 3 years
- 7%
- TTM
- -16%
Stock price CAGR
- 10 years
- 18%
- 5 years
- 13%
- 3 years
- 0%
- 1 year
- -10%
Return on equity
- 10 years
- —
- 5 years
- 14%
- 3 years
- 12%
- Last year
- 15%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity Capital | 69 | 69 | 70 | 82 | 82 |
| Reserves | 1,696 | 2,939 | 3,162 | 3,353 | 3,780 |
| Borrowings | 1,208 | 971 | 1,224 | 1,278 | 1,036 |
| Other Liabilities | 2,341 | 1,502 | 1,452 | 1,635 | 1,690 |
| Total Liabilities | 5,314 | 5,482 | 5,907 | 6,349 | 6,589 |
| Fixed Assets | 2,734 | 3,067 | 3,219 | 3,513 | 3,610 |
| CWIP | 222 | 205 | 497 | 339 | 332 |
| Investments | 4 | 1 | 1 | 1 | 1 |
| Other Assets | 2,353 | 2,208 | 2,190 | 2,496 | 2,645 |
| Total Assets | 5,314 | 5,482 | 5,907 | 6,349 | 6,589 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Cash from Operating Activity | 345 | 798 | 563 | 656 | 942 |
| Cash from Investing Activity | -190 | -399 | -521 | -475 | -444 |
| Cash from Financing Activity | -85 | -423 | -62 | -173 | -453 |
| Net Cash Flow | 71 | -25 | -20 | 8 | 45 |
| Free Cash Flow | -79 | 382 | 35 | 177 | 494 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Debtor Days | 79 | 47 | 53 | 58 | 58 |
| Inventory Days | 160 | 106 | 111 | 110 | 101 |
| Days Payable | 173 | 102 | 93 | 105 | 111 |
| Cash Conversion Cycle | 66 | 51 | 72 | 64 | 48 |
| Working Capital Days | -13 | 9 | 9 | 4 | 7 |
| ROCE % | 18 | 15 | 12 | 13 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash
914inr_cr
2026-03-31
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
News
News and filings about Kirloskar Ferrous Industries Limited. Open one to see why it matters.
No recent news for this company.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Uses as raw material
- coking coal
- iron ore
- metallurgical coke
- moulding sand / core sand
- oxygen
- piped natural gas
- steel scrap / cast iron scrap
Depends on the price of
- Coking Coal
- Iron Ore
- coal
- steel
Sells to
- Foundries · foundry-grade & SG pig iron
- Oil & Natural Gas Corporation · OCTG / EUE tubing, pup joints & cross-overs (seamless tubes, ISMT)
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Metals & Mining
- Industry
- Pig Iron
- Classification
- Metals & Mining › Pig Iron
- ISIN
- INE884B01025
Plants
- Ahmednagar Plant · Ahmednagar, Maharashtra
- Baramati Seamless Tube Plant
- Hiriyur Plant · Hiriyur, Chitradurga, Karnataka
- Jejuri Steel Plant · Jejuri, Maharashtra
- Koppal Plant · Koppal / Hitnal, Karnataka
- Oliver Engineering Casting Facility
- Solapur Plant / Shivaji Works Foundry · Solapur, Maharashtra
News impact
Big market events that reach Kirloskar Ferrous Industries Limited, and how the effect spreads.
22 Jun, 04:29 IST · Market event · medium impact
Kirloskar Ferrous receives export order
Who it hits first
- KIRLFER order book strengthens
Who may gain
- KIRLFER directly; cluster sentiment for castings/foundry
Along the supply chain
Downstream
Auto/CV/Industrial OEM customers
Upstream
Iron ore, coke, scrap metal
Where demand moves
Business
Export demand for Indian-sourced castings persists
Capital
Capital favours order-winning stories
How it spreads across sectors
Capital Goods
Order win positive sector signal
When it plays out
Immediate
KIRLFER +2-4% on news
Medium term
Sustained export book
Short term
Order details (size, delivery timeline) to be released
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 17 Jul 2026 | unspecified | ₹3 |
|---|---|---|
| 14 Jul 2023 | unspecified | ₹3 |
| 17 Feb 2023 | interim | ₹2.5 |
| 21 Jul 2022 | unspecified | ₹3 |
| 3 Feb 2022 | interim | ₹2.5 |
| 15 Jul 2021 | unspecified | ₹3 |
| 10 Mar 2021 | interim | ₹2 |
| 12 Mar 2020 | interim | ₹2 |
Documents
Annual reports, results presentations and earnings calls, straight from the source.
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.