Kirloskar Ferrous Industries Ltd

Kirloskar Ferrous Industries Limited, part of the Kirloskar Group, reported standalone revenue of Rs 1,771.5 crore for the first quarter of fiscal year 2026-27, a 4% increase year-on-year, alongside a net profit of Rs 82 crore, according to a press release issued on August 5, 2026. The company, listed on the BSE as 500245, attributed the revenue growth to strong momentum in its Castings and Steel businesses, which saw volume growth of 18% and 13% respectively, while facing headwinds from coking coal prices and a planned moderation in the tubes segment.

Kirloskar Ferrous Industries Ltd share price softened by 2.25% to Rs 464.3 after the company's net profit plunged by 34.48% to Rs 82.34 crore, while revenue from operations slipped slightly by 2.51% to Rs 1771.51 crore in Q2FY26 over Q1FY26. The market capitalization of Pig Iron industry group stocks on BSE stood at Rs 7472.52 crore, declining 2.51%. It has slipped by 2.06% over last one week and gained upto 2.52% in last one month while the market capitalization of Kirloskar Ferrous Industries Ltd has eased by 2.06% and 2.52% in the same period respectively. Profit before tax (PBT) of Kirloskar Ferrous Industries Ltd stood at Rs 105.11 crore in Q2 FY26, crashing by 18.97% year-on-year, and tanking 38.10% quarter-on-quarter. EBITDA came in at Rs 198 crore, slipping 4.84% YoY and heading higher 10.04% sequentially. Total expenses marginally dropped 2.21% to Rs 1625.03 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 1005.07 crore, posting a minor increase of 2.57% YoY, while employee benefits expense was at Rs 98.87 crore, registering a growth of 8.71% YoY. For the TTM ended FY26, revenue from operations tick up 4.94% to Rs 6888.57 crore, while net profit soared by 72.50% to Rs 507.22 crore, compared to previous TTM. EBITDA surged by 71368% to Rs 779.36 crore, and PBT jumped 21.58% to Rs 496.65 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 941.98 crore in FY26, as against Rs 655.94 crore in FY25. Kirloskar Ferrous Industries Ltd tumbled by 15.87% in last one year, underperforming the benchmark BSE Sensex which has slipped by 3.20% during the same period.

Kirloskar Ferrous Industries will hold a meeting of the Board of Directors of the Company on 5 August 2026.

Kirloskar Ferrous Industries announced that the 35th Annual General Meeting(AGM) of the company will be held on 5 August 2026.

Under the contract, the company will supply 30,000 metric tonnes ('5%) of basic-grade pig iron on a Free on Board (FOB) basis. The supplies will be backed by a sight letter of credit, with other shipping and trade terms governed by the agreement. The order has been awarded by an international entity and is scheduled for execution with the final shipment to be completed by August 15, 2026. KFIL said the contract does not involve any related-party transaction. The company also clarified that neither its promoters nor promoter group entities have any interest in the overseas buyer. The export order is expected to support the company's international business and strengthen its presence in global pig iron markets. Kirloskar Ferrous Industries is one of India's largest castings and pig iron manufacturers. The company caters to various industry sectors, such as tractors, automobiles and diesel engines. The company's consolidated net profit increased 33.32% year-on-year (YoY) to Rs 123.10 crore in Q4 FY26, compared with the corresponding quarter last year. Revenue from operations grew 4.61% YoY to Rs 1,817.16 crore during the quarter. Powered by Capital Market - Live

Kirloskar Ferrous Industries has received an export order worth USD 13.51 million for supply of 30,000 (+/- 5%) MT basic grade Pig Iron.

Kirloskar Ferrous Industries announced that the Board of Directors of the Company at its meeting held on 12 June 2026, inter alia, have recommended the final dividend of Rs 3 per equity Share (i.e. 60%) , subject to the approval of the shareholders.

Kirloskar Ferrous Industries has allotted 17,841 equity shares under ESOP on 12 June 2026. With this allotment, the paid up equity share capital has increased to Rs 82,49,61,920 comprising of 16,49,92,384 equity shares of Rs 5 each.

Kirloskar Ferrous Industries will hold a meeting of the Board of Directors of the Company on 12 June 2026.

The company's consolidated net profit increased 33.32% year-on-year (YoY) to Rs 123.10 crore in Q4 FY26, compared with the corresponding quarter last year. Revenue from operations grew 4.61% YoY to Rs 1,817.16 crore during the quarter. Total expenses rose 3.29% YoY to Rs 1,691.70 crore in the March quarter. The cost of materials consumed stood at Rs 979.93 crore, up 6.76% YoY, while employee benefits expenses increased 14.89% to Rs 90.95 crore during the period under review. Operating performance remained healthy during the quarter. Consolidated EBITDA rose 12% to Rs 224.6 crore in Q4 FY26 from Rs 201.3 crore recorded in Q4 FY25. EBITDA margin improved to 12.4% from 11.6% in the year-ago period. Profit before tax (PBT) climbed 37.32% to Rs 169.81 crore in the fourth quarter, compared with Rs 123.66 crore reported in the corresponding period of the previous year. On a full-year basis, consolidated net profit advanced 21.69% to Rs 357.81 crore in FY26, while revenue from operations increased 4.94% YoY to Rs 6,888.57 crore. R.V. Gumaste, managing director, KFIL, said, 'I am pleased to share that KFIL has concluded the year with a strong Q4 performance, characterized by robust volume growth and improved operational efficiencies across our key segments. Despite the macro-economic headwinds that persisted throughout the year, our consolidated annual revenue grew by 5% to Rs. 6,889 crore, PBT before exceptional items grew by 25% to Rs. 512 cr, while our YTD PAT saw a significant 22% increase to Rs. 358 crore. Our resilience was particularly evident in our rapid response to the Solapur LPG supply disruption in midMarch. By swiftly pivoting to alternate fuel solutions, we achieved a turnaround in just four days, minimizing the impact on our production schedules and customer commitments. Moving forward, all our major capital projects and strategic mergers are progressing as planned. We remain deeply committed to our long-term vision of value creation, focusing on a richer product mix, cost optimization through renewable energy, and enhancing our competitive position in the global market. Kirloskar Ferrous Industries is one of India's largest castings and pig iron manufacturers. The company caters to various industry sectors, such as tractors, automobiles and diesel engines. Powered by Capital Market - Live