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Prices as of 8 Oct 2026 close · Not investment advice

Kirloskar Industries Limited

NSE: KIRLOSINDIron & Steel Products

Share price

₹3,512.30

+1.13% close of 9 Oct 2026

Market cap ₹3,693 CrP/E 12.4 (as of 8 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.

61

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹3,693 Cr

P/E ratio

12.4

P/B ratio

0.6

ROCE

7.0%

ROE

3.8%

Dividend yield

0.4%

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.

Prices as of 9 Oct 2026 close52-week high ₹4,313.4052-week low ₹2,472.40

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step up at Jun 2018 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step up at Jun 2018 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

At 12.4× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 30.3×, across 5 companies. It is against its own five-year median of 13.5×, the 41st percentile of its own range.

Whether growth justifies the valuation

Priced at 4.1 times its growth rate, on earnings growth of 3%.

Profit growthPrice per ₹1 profitPer 1% growth
Kirloskar Industries Limited — this one3%/yr12.4×₹4.1
Welspun Corp Limited119%/yr30.3×—
APL Apollo Tubes Limited23%/yr46.5×₹2.0
Shyam Metalics and Energy Limited9%/yr26.4×₹2.9
Ratnamani Metals & Tubes Limited-1%/yr39.9×—
Jindal Saw Limited14%/yr26.5×₹1.9

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 the exchange files under the same label (Iron & Steel Products), it ranks 57 of 70 on returns, 16 of 68 on growth, 25 of 70 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?

No durable advantage shows in the numbers: it earns 7.0% on capital, ahead of 19% of companies filed under the same label. 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 ₹3124 crore of cash from the business, spent ₹2289 crore on plant and equipment, and returned ₹883 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 142 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back faster than it used to: it went from being waiting 72 days for its cash to waiting 58 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 9 checks clear · 89%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 12 Aug 2026 · Consolidated · Unaudited

Revenue

₹1,779 Cr

Revenue vs last year

+4.8%

Revenue vs last quarter

-2.1%

Net profit

₹79 Cr

Profit vs last year

-66.9%

Profit vs last quarter

-37.5%

Net margin

4.4%

EPS

₹32.05

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
₹3,693 Cr
Prev close
₹3,512.30
52w High
₹4,575
52w Low
₹2,463
Enterprise value
₹4,695 Cr
Beta
1.2
Price CAGR 1y
-10.0%
Price CAGR 3y
5.0%
Price CAGR 5y
17.0%
Price CAGR 10y
15.0%

Ratios

Return on assets
4.3%
PEG ratio
4.0
P/E ratio
12.4
P/B ratio
0.6
EV / EBITDA
5.5
Industry P/E
24.8
ROCE
7.0%
ROCE 5y average
10.6%
ROE
3.8%
Debt / Equity
0.2
Interest coverage
5.1
Dividend yield
0.4%
ROE 3y average
4.0%
ROE last year
4.0%

Annual P&L

Annual revenue
₹6,958 Cr
Annual profit
₹503 Cr
Operating margin
13.0%
Net profit margin
7.2%
EBITDA margin
12.6%
Sales growth 3y
2.3%
Sales growth 5y
27.3%
Profit growth 3y
3.0%
Profit growth 5y
8.0%
EPS
₹217
Sales growth TTM
4.0%
Profit growth TTM
-13.0%
Dividend payout
6.0%

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
₹5,682
Face Value
₹10.0
Total debt
₹1,113 Cr
Total cash
₹238 Cr
Borrowings
₹1,113 Cr
Reserves / Equity
567.2

Cash Flow

Operating cash flow
₹871 Cr
Free cash flow
₹421 Cr
FCF yield
8.0%
Net cash flow
₹46 Cr

Shareholding

Promoter holding
71.9%
FII holding
0.5%
DII holding
1.9%
Public holding
25.8%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Welspun Corp2,704.6030.971,3450.181,047.9198.64,081.114.922.9
APL Apollo Tubes2,135.0048.259,2800.40263.110.95,606.78.431.8
Shyam Metalics1,067.3026.529,7920.42350.718.15,455.123.413.0
Jindal Saw281.9027.618,0280.7190.8-75.44,452.39.010.4
Ratnamani Metals2,524.3040.317,6930.40107.0-37.7971.6-15.617.9
Usha Martin520.2529.115,8540.72142.040.71,033.016.419.5
Godawari Power214.3117.614,4280.47222.42.71,750.532.320.5
Kirloskar Indus.3,531.2012.13,7130.3782.3-55.31,771.54.37.0
Median170.7223.41,0220.0014.328.3213.216.613.0

Competes with: APL Apollo Tubes Limited, Esab India Limited, Gallantt Ispat Limited, Godawari Power And Ispat limited, HBL Engineering Limited, Harsha Engineers International Limited, INOX India Limited, Jindal Saw Limited, KRN Heat Exchanger and Refrigeration Limited, PTC Industries Limited, Ratnamani Metals & Tubes Limited, Shyam Metalics and Energy Limited, Subros Limited, Usha Martin Limited, Welspun Corp Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,5081,5781,5541,7291,5591,6881,6141,7481,6981,7821,6241,8171,772
Expenses1,3001,3151,3251,4881,3801,4761,4411,5421,4811,5481,4401,5931,556
Material Cost9189621,0298949801,005
Change in Inventories11232-59-1757-53
Purchases of Stock-in-Trade0001900
Employee Cost789010098102102
Other Expenses435402480446473510
Operating Profit209263228240179212172206217233184225216
OPM %14171514111311121313111212
Other Income10-2514-19121912391113-1144-12
Exceptional items (within Other Income)122.513.74-190.51-29
Interest30303032343739363433293029
Depreciation47586473616466676468686969
Profit before tax142150148116961307914213014575170105
Tax %3439293931293332-8332342622
Net Profit94911057166925397238984912682
EPS in Rs4146516229482345228491912078
Diluted EPS in Rs4441491910632

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,3681,1191,1371,8262,2221,9162,0803,8106,4906,3966,6086,9396,995
Expenses1,2229709681,6741,9621,6501,5983,1255,6035,4305,8346,0836,137
Material Cost3,7803,864
Change in Inventories-4913
Purchases of Stock-in-Trade019
Employee Cost364389
Other Expenses1,7441,802
Operating Profit147148170152260265482685886966795875858
OPM %1113158121423181415121312
Other Income525650221421043-45563934
Exceptional items (within Other Income)12-13
Interest302414131819273197122146126121
Depreciation5145475157607995175242259272275
Profit before tax11713615991188200378568658556447516496
Tax %27262525302518443035312
Net Profit8610011968132151311316460361308503356
EPS in Rs647478518799169198220202143217266
Diluted EPS in Rs144216
Dividend Payout %322726412410655696

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
20%
5 years
27%
3 years
2%
TTM
4%

Compounded profit growth

10 years
13%
5 years
8%
3 years
3%
TTM
-13%

Stock price CAGR

10 years
15%
5 years
17%
3 years
5%
1 year
-10%

Return on equity

10 years
5%
5 years
5%
3 years
4%
Last year
4%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital101010101010101010101011
Reserves7507998751,7791,3561,0231,7362,3193,2434,9826,2846,239
Borrowings13310897881383233051,2169791,2361,2831,113
Other Liabilities5895155978299389541,1453,2413,3013,5344,0734,328
Minority Interest2,097
Total Liabilities1,4821,4321,5782,7062,4412,3103,1966,7867,5349,76111,65111,690
Fixed Assets5485565875996508971,0572,7803,1073,2593,5973,669
CWIP318197662144243418423768653753
Investments4225115051,4239335411,0681,1901,5753,3924,7304,399
Other Assets4803574676087967288282,3982,4292,3422,6722,869
Total Assets1,4821,4321,5782,7062,4412,3103,1966,7867,5349,76111,65111,690

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity15610488107112185256317760576600871
Cash from Investing Activity-566-51-31-108-258-194-211-369-600-537-471
Cash from Financing Activity-101-113-28-87-4108-56-56-397-5-70-355
Net Cash Flow-1-49-11035650-5-29-746
Free Cash Flow97701419-52-13436-1113458496421

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days474663596256637846525857
Inventory Days52577664667794138111113108102
Days Payable918410210511612212214910195103112
Cash Conversion Cycle81937171211356655706347
Working Capital Days-25-61433038347247525758
ROCE %131414610121915131177

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters727272717173737373727272
FIIs0.690.730.630.710.700.590.590.540.530.470.500.49
DIIs1.891.891.881.941.951.881.901.911.941.921.881.87
Public262626262625252525262626
No. of Shareholders16,94317,28416,84618,89419,35719,47220,30322,72122,14821,84121,96122,719

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -10.2% (₹3,909.80 → ₹3,512.30)Brick size ₹121.31 (fixed)Bricks 37
₹3,000₹4,000₹3,512Dec '25Feb '26Apr '26Jun '26Aug '26
Price moved up one brickPrice moved down one brickLast close ₹3,512.30 on 9 Oct 2026

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.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

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

875inr_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

FY revenue / permanent employees + workers, same basis (calc)

5,06,28,571inr

2026-03-31

News

News and filings about Kirloskar Industries Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • Iron ore
  • Metallurgical coke
  • Steel scrap

Depends on the price of

  • Coking Coal
  • Iron Ore
  • coal
  • steel

Sells to

  • Daimler India Commercial Vehicles · commercial-vehicle engine castings
  • Kirloskar Oil Engines Limited · castings for diesel engines / gensets
  • Mahindra & Mahindra · engine / iron castings (automotive & tractor)
  • Tractors and Farm Equipment Limited (TAFE) · tractor castings

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Iron & Steel Products
Classification
Capital Goods › Iron & Steel Products
ISIN
INE250A01039

Business segments

  • Iron Casting (Refer Note 3 below) · 50%
  • Tube (Refer Note 3 below) · 27%
  • Steel (Refer Note 3 below) · 20%
  • Investments (Securities & Properties) · 2%
  • Unallocable · 1%
  • Real Estate (Refer Note 2 below) · 0%
  • Held for Sale (Discountining operation) (Refer Note 1 below) · 0%

Plants

  • KFIL Ahmednagar Works / ISMT Precision Parts · Ahmednagar, Maharashtra
  • KFIL Hiriyur Works · Hiriyur, Karnataka
  • KFIL Koppal Works · Koppal, Karnataka
  • KFIL Solapur Works · Solapur, Maharashtra

News impact

Big market events that reach Kirloskar Industries Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

11 Aug 2026unspecified₹13
6 Aug 2025unspecified₹13
17 Sep 2024unspecified₹13
4 Aug 2023unspecified₹11
1 Aug 2022unspecified₹10
2 Aug 2021unspecified₹10
23 Mar 2020interim₹10
31 Jul 2019unspecified₹21

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Insider trades

DisclosedWhoTypeSharesValue ₹ Cr
30 Sep 2026Aditi Chirmule · KMPBUY3,8130.00
12 Aug 2026Kiran Chaudhari · Designated PersonBUY2080.00

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.