Kirloskar Ferrous Industries Ltd
KIRLFERKirloskar Ferrous Industries Ltd
KIRLFER


Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
AvgThe stock has a moderate number of red flags
How to use scorecard? Learn more
Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
37.28 | 2.55 | 0.93% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
27.82 | 3.16 | 1.50% |
Forecast & Ratings
Detailed Forecast from 2 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
The company is a manufacturer of pig iron and grey iron castings. The Company supplies castintgs to foundries that cater to the auto, engines and compressors, textile, pumps, pipes and fittings and fans, among others.
Peers
Compare with peersGet more out of Tickertape, Go Pro!
Customise key metrics, see detailed forecasts, download stock data and more
Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2022 | FY 2023 | FY 2024 | TTM | ||||
---|---|---|---|---|---|---|---|---|
Total Revenue | 3,760.21 | 6,466.78 | 6,165.64 | 6,393.09 | ||||
Raw Materials | 2,296.23 | 3,717.86 | 3,392.33 | 5,669.83 | ||||
Power & Fuel Cost | 123.83 | 545.29 | 538.09 | |||||
Employee Cost | 139.50 | 319.68 | 336.90 | |||||
Selling & Administrative Expenses | 172.22 | 232.20 | 246.42 | |||||
Operating & Other expenses | 373.62 | 766.71 | 839.12 | |||||
EBITDA | 654.81 | 885.04 | 812.78 | 723.26 | ||||
Depreciation/Amortization | 92.04 | 172.58 | 239.38 | 261.41 | ||||
PBIT | 562.77 | 712.46 | 573.40 | 461.85 | ||||
Interest & Other Items | 29.58 | 95.47 | 120.50 | 141.02 | ||||
PBT | 533.19 | 616.99 | 452.90 | 320.83 | ||||
Taxes & Other Items | 186.08 | 179.65 | 155.11 | 99.61 | ||||
Net Income | 347.11 | 437.34 | 297.79 | 221.22 | ||||
EPS | 25.02 | 31.50 | 21.40 | 15.88 | ||||
DPS | 5.50 | 5.50 | 5.50 | 5.50 | ||||
Payout ratio | 0.22 | 0.17 | 0.26 | 0.35 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
MaterialsIron & Steel
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Kirloskar Ferrous Industries Ltd | 27.69 | 2.55 | 0.93% |
JSW Steel Ltd | 26.85 | 2.96 | 0.94% |
Tata Steel Ltd | -38.33 | 1.84 | 2.64% |
Jindal Steel And Power Ltd | 14.32 | 1.90 | 0.24% |
Price Comparison
Compare KIRLFER with any stock or ETFShareholdings
Promoter Holdings Trend
Institutional Holdings Trend
Decreased Total Retail Holding
In last 3 months, retail holding in the company has decreased by 3.43%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Jun 2024
Sep 2024
Oct 2024
Dec 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Kirloskar Ferrous Industries Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 5.4513% | Percentage of the fund’s portfolio invested in the stock 1.44% | Change in the portfolio weight of the stock over the last 3 months 0.04% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 16/90 (+6) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.4999% | Percentage of the fund’s portfolio invested in the stock 1.39% | Change in the portfolio weight of the stock over the last 3 months 0.03% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 35/63 (-5) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.0576% | Percentage of the fund’s portfolio invested in the stock 0.15% | Change in the portfolio weight of the stock over the last 3 months 0.00% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 197/240 (-3) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateFeb 14, 2025
Dividend/Share
₹3.00
Ex DateEx Date
Feb 14, 2025
Cash Dividend
Ex DateEx DateSep 13, 2024
Dividend/Share
₹2.50
Ex DateEx Date
Sep 13, 2024
Cash Dividend
Ex DateEx DateMar 15, 2024
Dividend/Share
₹3.00
Ex DateEx Date
Mar 15, 2024
Cash Dividend
Ex DateEx DateJul 14, 2023
Dividend/Share
₹3.00
Ex DateEx Date
Jul 14, 2023
Cash Dividend
Ex DateEx DateFeb 17, 2023
Dividend/Share
₹2.50
Ex DateEx Date
Feb 17, 2023
However, revenue from operations rose 3.8% YoY to Rs 1,607.60 crore in the quarter ended 31 December 2024. Profit before tax was at Rs 78.52 crore in the third quarter of FY25, down 46.9% compared to Rs 147.88 crore recorded in the corresponding quarter previous year. The company reported an EBITDA of Rs 173.8 crore for Q3 FY25, registering a 25% decline compared to Rs 232.1 crore in the same quarter of the previous year. The EBITDA margin decreased to 11% in Q3 FY25, down from 15% in Q3 FY24. On nine-month basis, the company's consolidated net profit fell 27.9% to Rs 201.70 crore in 9M FY25, compared to Rs 279.93 crore in Q3 FY24. Revenue from operations rose 4.7% YoY to Rs 4,827.28 crore in 9M FY25. R.V. Gumaste, MD, KFIL, said, We had a stable third quarter at KFIL, with revenue increasing by 4% year-on-year. However, margins remained under pressure due to lower realizations on pig iron and steel. In our casting and tube business, we are beginning to see early signs of recovery. During the quarter, we commissioned oxygen enrichment, enabling increased utilization of pulverized coal, which reduces coke consumption, thereby enhancing productivity. This quarter also marked the commencement of mining operations with an annual permitted capacity of 1.24 lakh MT, reinforcing our vision of an integrated business model'ranging from mines to machined castings and mines to seamless tubes. Additionally, we commissioned Phase II of the Jalna solar power project, bringing our total capacity to 69 MW DC at Jalna. This milestone is a significant step in our sustainability efforts, strengthening our commitment to responsible business operations. Meanwhile, the company's board has declared an interim dividend of Rs 3 per equity share for the financial year 2024-2025. The record date for determining the list of members entitled to the interim dividend has been set for Friday, 14 February 2025. The interim dividend will be paid on or before 3 March 2025 through various payment methods, including direct credit, NEFT, RTGS, NECS, or demand drafts, as applicable. 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 scrip shed 0.07% to Rs 543.65 on the BSE. Powered by Capital Market - Live
Kirloskar Ferrous Industries announced that the Board of Directors of the Company at its meeting held on 4 February 2025, inter alia, have recommended the interim dividend of Rs 3 per equity Share (i.e. 60%) , subject to the approval of the shareholders.Powered by Capital Market - Live
Net profit of Kirloskar Ferrous Industries declined 48.44% to Rs 54.31 crore in the quarter ended December 2024 as against Rs 105.33 crore during the previous quarter ended December 2023. Sales rose 3.84% to Rs 1607.60 crore in the quarter ended December 2024 as against Rs 1548.21 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales1607.601548.21 4 OPM %10.8114.99 - PBDT143.89211.34 -32 PBT78.52147.88 -47 NP54.31105.33 -48 Powered by Capital Market - Live
Kirloskar Ferrous Industries will hold a meeting of the Board of Directors of the Company on 4 February 2025.Powered by Capital Market - Live
Kirloskar Ferrous Industries has allotted 22,345 equity shares under ESOS. Consequently, the issued, subscribed and paid-up share capital of the Company stands increased to Rs 82,29,08,940 comprising of 16,45,81,788 equity shares of Rs 5 each. Powered by Capital Market - Live
The domestic equity benchmarks traded with moderate cuts in mid-morning trade. The Nifty hovered below the 24,300 level after hitting the day's high of 24,394.45 in morning trade. Financial services shares extended losses for the third consecutive trading session. At 11:29 IST, the barometer index, the S&P BSE Sensex, declined 347.52 points or 0.43% to 80,334.67 . The Nifty 50 index lost 83.65 points or 0.34% to 24,252.35. In the broader market, the S&P BSE Mid-Cap index declined 0.22% and the S&P BSE Small-Cap index fell 0.33%. The market breadth was negative. On the BSE, 1,585 shares rose and 2,209 shares fell. A total of 136 shares were unchanged. Buzzing Index: The Nifty Financial Services index declined 1.04% to 24,243.30. The index fell 2.56% in three consecutive trading sessions. REC (down 2.61%), Power Finance Corporation (down 1.50%), ICICI Bank (down 1.40%), Axis Bank (down 1.25%), Multi Commodity Exchange of India (down 1.22%), HDFC Bank (down 1.12%), ICICI Lombard General Insurance Company (down 0.95%), State Bank of India (down 0.91%), Bajaj Finserv (down 0.80%) and HDFC Asset Management Company (down 0.73%) declined. On the other hand, Muthoot Finance (up 0.64%) and SBI Cards & Payment Services (up 0.08%) edged higher. Stocks in Spotlight: Kirloskar Ferrous Industries rose 1.61% after the company said that it has commenced the dispatch of iron ore from the Kirloskar Bharath Mines commenced from 17 December 2024. Piramal Enterprises slipped 3.20% after the company informed that its board is scheduled to meet on Friday, 20 December 2024, to consider and approve the public issuance of non-convertible debentures (NCDs). VA Tech Wabag dropped 7.88% after the company's said that its Rs 2,700 crore order for a 300 MLD mega seawater desalination plant from Saudi Arabia has been canceled. Global Markets: Most Asian shares advanced on Wednesday, shrugging off modest declines on Wall Street as investors awaited the Federal Reserve's final interest rate decision of the year. While a 25-basis-point rate cut is widely anticipated, the market is keenly focused on the Fed's outlook for next year, given the potential impact of proposed policies that could reignite inflationary pressures. Japan's trade balance unexpectedly improved in November, supported by stronger-than-expected exports driven by increased demand from the U.S. and China and a weaker yen. The trade deficit narrowed to 117.6 billion yen ($770 million). US indices retreated on Tuesday as investors exercised caution ahead of the rate decision, with the tech sector experiencing a slight pullback from recent gains. The S&P 500 fell 0.4% to 6050.61 points, the NASDAQ Composite lost 0.3% to 20,108.30 points, and the Dow Jones Industrial Average closed 0.6% lower at 43,449.90 points. NVIDIA Corporation dropped 1.2%, while Alphabet fell 0.5%. Pfizer rose 4.6% after confirming that its 2025 profit expectations remain largely unchanged. Meanwhile, data showed US retail sales rose by 0.7% in November, exceeding forecasts. This robust figure suggests the economy remains strong and consumer spending remains healthy, despite challenges like inflation and high interest rates. This strength is underpinned by a solid job market and stable household finances. Powered by Capital Market - Live
The supply of iron ore from the said mine started after the receipt of necessary approvals from Department of Forest, Government of Karnataka. In September 2018, Kirloskar Ferrous was declared as the 'preferred bidder' in respect of e-auction of Bharath Mines & Minerals based on highest final price offer submitted by the company. The company had entered into the mining lease deed with the Government of Karnataka, Department of Mines and Geology for the aforesaid mine to conduct mining operations for a period of 50 years in March 2021. 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 reported 4.93% decline in consolidated net profit to Rs 77.64 crore in Q2 FY25 as compared to Rs Rs 81.67 crore in Q2 FY24. However, revenue from operation gained 6.81% to Rs 1,666.02 crore in Q2 FY25 as compared to Rs 1,559.69 crore posted in the same period last year. Powered by Capital Market - Live
However, revenue from operation gained 6.81% to Rs 1,666.02 crore in Q2 FY25 as compared to Rs 1,559.69 crore posted in the same period last year. Profit before tax was at Rs 107.80 crore in the second quarter of FY25, down 18.99% as against Rs 133.08 crore in Q2 FY24. The firm reported exceptional loss of Rs 36.73 crore during the second quarter of FY24. EBITDA stood at Rs 194.1 crore, registering the de-growth of 23.34% as compared with Rs 253.2 crore posted in same quarter last year. EBITDA margin reduced to 12% in Q2 FY25 as against 16% in Q2 FY24. On half year basis, the company's net profit declined 15.58% to Rs 147.38 crore in Q2 FY25 as against Rs 174.59 crore posted in Q2 FY24. Revenue from operations was at Rs 3,219.68 crore in Q2 FY25, jumped 5.14% year on year. R.V.Gumaste, MD, KFIL, said In Q2, we observed a 7% growth in revenue; however, profitability declined due to margin pressure across product lines. This quarter, we commenced trial run operations at Oliver Engineering, subsidiary located near Chandigarh, which will enhance our reach to customers in North India. The solar project in Jalna is progressing as well and expected to complete the remaining 35MW by end of November. We anticipate demand to pick up in the second half of the year, as early indications suggest an uptick in capital expenditure post-elections, particularly for steel and seamless pipes.' 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
Net profit of Kirloskar Ferrous Industries declined 4.92% to Rs 77.64 crore in the quarter ended September 2024 as against Rs 81.66 crore during the previous quarter ended September 2023. Sales rose 6.82% to Rs 1666.02 crore in the quarter ended September 2024 as against Rs 1559.69 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1666.021559.69 7 OPM %11.6516.24 - PBDT170.87226.85 -25 PBT107.80169.81 -37 NP77.6481.66 -5 Powered by Capital Market - Live
Kirloskar Ferrous Industries has allotted 49,855 equity shares under ESOS on 06 November 2024. Consequently, the issued, subscribed and paid-up share capital of the Company stands increased to Rs 82,27,97,215 comprising of 16,45,59,443 equity shares of Rs 5 each. Powered by Capital Market - Live
Decreased Total Promoter Holding
In last 6 months, promoter holding in the company has decreased by 5.54%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant