MarketFriction

KIOCL Ltd

NSE KIOCL · BSE 540680 · Sponge Iron
₹323.85 -2.54%
NSE close2026-10-01
52 week range290.65 - 634.55
Market cap₹20,427 Cr.
P/E525
Price band 20% Delivery 28.6%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales4315493721471618124691143160220158
Expenses45151339819683224287133164155189185
Operating Profit-1936-25-49-67-43-41-42-22432-27
OPM %-4.5%7%-7%-33%-417%-24%-17%-46%-15%2.7%14%-17%
Other Income111215111311161718223622
Interest243264444444
Depreciation777810111110101098
Profit before tax-1837-21-49-70-47-40-38-171354-16
Tax %19%-6%104%4%-1%1%-7%-2%0%-38%2%-3%
Net Profit-2139-43-51-69-48-37-38-171853-15
EPS in Rs-0.350.64-0.71-0.83-1.14-0.79-0.61-0.62-0.280.300.88-0.25
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1848701,6021,8881,9382,3763,0061,5431,854591613681
Expenses4659701,6441,8081,9552,0252,6261,7081,926791643693
Operating Profit-281-100-4280-18352380-164-72-200-29-12
OPM %-152%-12%-2.6%4.2%-0.9%15%13%-11%-3.9%-34%-4.7%-1.8%
Other Income214155147125119101748050509598
Interest01111015121415151515
Depreciation232219192727312527403937
Profit before tax-90318618464410411-123-64-2051234
Tax %-11%-54%5%39%32%27%24%-20%31%-0%-39%
Net Profit-80488111243301313-98-83-2051739
EPS in Rs-1.260.761.281.800.704.965.16-1.61-1.37-3.370.270.65
Dividend Payout %-8%49%83%74%100%33%34%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth13%-24%-26%27%
Compounded Profit Growth8%-44%29%120%
Stock Price CAGR%6%4%-21%
Return on Equity3%-1%-5%1%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital635635635635622622608608608608608608
Reserves1,5041,4281,4671,5111,3721,2941,3781,5361,3941,3111,1041,128
Borrowings10000124120126537180193192
Other Liabilities403349440412329342396412419361404435
Total Liabilities2,5422,4112,5412,5582,3232,3822,5022,6812,9582,4592,3092,363
Fixed Assets249238221202200279271277282895953939
CWIP001242142296702159169167
Investments0000420000000
Other Assets2,2932,1732,3202,3542,0762,0822,1892,1081,9751,4051,1881,257
Total Assets2,5422,4112,5412,5582,3232,3822,5022,6812,9582,4592,3092,363
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-88-44-261-100-126-229770-30910534379
Cash from Investing Activity18546302-1358149298-132129-127-308-57
Cash from Financing Activity-10-8-8-40-274-112-246-165337-372-80-16
Net Cash Flow87-533-153181-85149-227157-395-456
Free Cash Flow-90-50-265-86-146-4256-220-732931656
CFO/OP57%16%260%239%-159%62%47%52%188%-145%-171%-217%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days9326112122337358421421
Inventory Days35312010077906779671151341241,847
Days Payable9011197433229362454421772,551
Cash Conversion Cycle2724164467161817814594-39-683
Working Capital Days17432735160516678991155111
ROCE %1%-4%2%3%9%3%21%19%-5%-2%-9%1%
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters99.03%99.03%99.03%99.03%99.03%99.03%99.03%99.03%99.03%99.03%99.03%99.03%
FIIs0.00%0.00%0.00%0.01%0.00%0.00%0.00%0.02%0.00%0.01%0.00%0.05%
DIIs0.13%0.13%0.10%0.09%0.08%0.07%0.07%0.07%0.07%0.03%0.03%0.03%
Public0.84%0.84%0.86%0.86%0.88%0.88%0.89%0.88%0.88%0.91%0.92%0.88%
No. of Shareholders18,85921,85727,53929,34530,88231,68435,77737,41937,38138,11540,44439,787

Fundamentals

Market Cap₹ 20,427 Cr.
Current Price₹ 336
Stock P/E525
Book Value₹ 28.6
ROCE1.35 %
ROE0.92 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)27%
Compounded Profit Growth (TTM)120%
Standalone figures.
Valuation
Market capRs 19,682 Cr
Enterprise valueRs 19,048 Cr
P/E (TTM)506.22x
Price to book11.34x
Price to sales28.92x
EV / EBITDA221.36x
EV / EBIT389.13x
EV / sales27.99x
Price to cash flow249.08x
Earnings yield0.20%
P/E, 3-year average1162.32x
P/B, 3-year average10.61x
P/E, 5-year average601.39x
P/B, 5-year average8.57x
Profitability
Operating margin (excl. other income)-4.74%
Operating margin (incl. other income)10.71%
EBITDA margin12.64%
Pre-tax margin5.06%
Net profit margin5.71%
Net margin, latest quarter-9.80%
ROE0.96%
ROCE1.38%
ROA0.71%
ROE, 3-year average-4.85%
ROCE, 3-year average-3.40%
ROA, 3-year average-3.65%
ROE, 5-year average-0.82%
ROCE, 5-year average0.92%
ROA, 5-year average-0.46%
ROIC (approx.)6.19%
Tax rate-39.36%
Other income / net worth5.46%
Growth
Sales growth (latest year)3.88%
Sales CAGR, 3 years-26.48%
Sales CAGR, 5 years-23.73%
Profit CAGR, 5 years-44.01%
Sales growth QoQ-28.28%
Profit growth QoQ-128.99%
Sales growth YoY (latest quarter)73.75%
Per share
EPS (TTM)Rs 0.64
EPS (latest year)Rs 0.27
EPS (latest quarter)Rs -0.25
EPS, 3-year averageRs -1.49
EPS, 5-year averageRs -0.18
Book value per shareRs 28.57
Sales per shareRs 11.20
Cash flow per shareRs 1.30
Free cash flow per shareRs 0.92
Dividend per share, 5-year averageRs 1.77
Dividends
Dividend payout, 5-year average34.32%
Efficiency
Asset turnover0.26x
Fixed asset turnover0.65x
Inventory turnover2.89x
Inventory days126 days
Debtor days21 days
Debtors turnover17.33x
Creditor days2551 days
Cash conversion cycle-683 days
Working capital days11 days
Leverage
Total debtRs 192 Cr
Cash and bankRs 826 Cr
Net debtRs -634 Cr
Debt to equity0.11x
Net debt / EBITDA-7.37x
Interest coverage3.37x
Current ratio (filing 2026-03-31)3.38x
Quick ratio (filing 2026-03-31)2.97x
Trade payables (filing 2026-03-31)Rs 0 Cr
Owners' fund to total sources73.48%
Debt to assets8.12%
Cash flow
Cash from Operating Activity (latest year)Rs 79 Cr
Cash from Investing Activity (latest year)Rs -57 Cr
Cash from Financing Activity (latest year)Rs -16 Cr
Net Cash Flow (latest year)Rs 6 Cr
Free cash flow (latest year)Rs 56 Cr
FCFE (approx.: FCF + change in debt)Rs 55 Cr
Sales to cash flow7.76x
Statement figures
Net sales (TTM)Rs 681 Cr
Net sales (latest year)Rs 613 Cr
Sales (latest quarter)Rs 158 Cr
Operating profit excl. other income (latest year)Rs -29 Cr
Operating profit (latest quarter)Rs -27 Cr
Other income (TTM)Rs 98 Cr
EBITDA (TTM)Rs 86 Cr
PBDT (TTM)Rs 72 Cr
Profit before tax (TTM)Rs 34 Cr
Tax (latest year)Rs -5 Cr
Net profit (TTM)Rs 39 Cr
Net profit (latest year)Rs 17 Cr
Net profit (latest quarter)Rs -15 Cr
Depreciation (TTM)Rs 37 Cr
Depreciation (latest quarter)Rs 8 Cr
Interest (TTM)Rs 15 Cr
Cost of goods sold (latest year)Rs 461 Cr
Total expenditure (latest year)Rs 643 Cr
Total income (latest year)Rs 708 Cr
Share capitalRs 608 Cr
ReservesRs 1,128 Cr
Shareholders' fundsRs 1,736 Cr
Total assetsRs 2,363 Cr
Net blockRs 939 Cr
Capital work in progressRs 167 Cr
ReceivablesRs 35 Cr
InventoryRs 160 Cr
Other liabilitiesRs 435 Cr
Shares outstanding (crore)60.78
Ownership
Promoter holding99.03% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 11.34 is at the 77th percentile (median 6.47).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodKIOCLNifty 50Difference
1 week-4.9%-2.8% -2.2 pts
1 month-15.7%-6.8% -8.9 pts
3 months-16.4%-7.6% -8.8 pts
6 months+2.2%+0.4% +1.8 pts
1 year-29.2%-9.9% -19.3 pts
2 years-17.4%-13.6% -3.8 pts
3 years+6.9%+14.2% -7.3 pts
5 years+28.9%+27.9% +1.0 pts
1 mutual fund schemes hold about ₹0 Cr. Over three months 0 bought more and 0 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Motilal Oswal BSE 1000 Index Fund0.00%0

Red flags

F-score 8 of 8
lookProfit leans on other income Other income was 797% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2020-12-18PRESIDENT OF INDIAPromotersother14,173,577Rs 155.91 CrOthers
2018-11-13Ministry of Steel,Promoterssell12,092,926Rs 205.58 CrMarket Sale
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹158 Cr +73.6% vs Jun 2025. Net loss ₹15 Cr.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-09-20Annual General Meeting
2023-09-15Annual General Meeting
2022-09-08Annual General Meeting/Dividend - Re 0.79 Per Share
2021-11-25 Interim Dividend - Rs 0.98 Per Share
2021-09-07 Annual General Meeting/Dividend - Rs 1.64 Per Share
2020-10-28 Buyback
2020-09-21 Annual General Meeting/Dividend - Rs 0.70 Per Share
2019-08-23 Dividend - Rs 1.33 Per Share
2018-09-28 Buyback
2018-08-23 Annual General Meeting/Dividend- Re 0.79 Per Share
2018-03-26 Interim Dividend - Re 0.27 Per Share (Purpose Revised)
2017-08-23 Annual General Meeting/Dividend - Re 0.26 Per Share
2017-02-06 Interim Dividend Re 0.11 Per Share
DateTypeWhat it says
2026-09-08Shareholder meetingNotice of Annual General Meeting to be held on September 29, 2026
2026-08-13Board meeting outcomeKIOCL Limited has submitted to the Exchange, the un-audited financial results for the period ended Jun 30, 2026.
2026-08-05AppointmentAppointment of Mr Rakesh Modi as Non- Executive Independent Director of the company w.e.f. July 14, 2026.
2026-08-04Volume querySignificant increase in volume has been observed in KIOCL Limited. The Exchange, in order to ensure that investors have latest relevant information ab...
2026-07-31Volume querySignificant increase in volume has been observed in KIOCL Limited. The Exchange, in order to ensure that investors have latest relevant information ab...
2026-07-21Structural Digital DatabaseIn pursuance of Regulation 3(5) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, please find enclosed the Compliance Certificate issued...
2026-06-25Reply to Clarification- FinaThe Exchange had sought clarification from KIOCL Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing Obligati...
2026-06-18Clarification - Financial ReThe Exchange has sought clarification from KIOCL Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing Obligati...
2026-06-15Disclosure under SEBI TakeovDaya Nidhan Pandey, Ministry of Steel, Government of India has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities...
2026-05-27Board meeting outcomeKIOCL Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-04-21Structural Digital DatabaseIn pursuance of Regulation 3(5) of SEBI (Prohibition of Insider Trading) Regulations, 2015, please find enclosed herewith the Compliance Certificate i...
2026-04-16Resignation of Independent dResignation of Independent director.
2026-04-16CessationCessation of Mr Changdev Sukhadev Kamble as Non- Executive Independent Director of the company w.e.f. April 15, 2026.
2026-03-11Clarification - Financial ReThe Exchange has sought clarification from KIOCL Limited for the quarter ended 31-Dec-2025 with respect to Regulation 33 of the SEBI (Listing Obligati...
2026-02-12Board meeting outcomeKIOCL Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2026-02-04Reply to Clarification- FinaThe Exchange had sought clarification from KIOCL Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the SEBI (Listing Obligati...
2026-02-02Structural Digital DatabaseIn pursuance of Regulation 3(5) of SEBI (Prohibition of Insider Trading) Regulations, 2015, please find enclosed herewith the Compliance Certificate i...
2026-01-09Clarification - Financial ReThe Exchange has sought clarification from KIOCL Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the SEBI (Listing Obligati...
2025-12-29Volume querySignificant increase in volume has been observed in KIOCL Limited. The Exchange, in order to ensure that investors have latest relevant information ab...
2025-12-23Volume querySignificant increase in volume has been observed in KIOCL Limited. The Exchange, in order to ensure that investors have latest relevant information ab...
2025-12-20CessationCessation of Mr K V Balakrishnan Nair as Company Secretary & Compliance Officer of the company w.e.f. April 25, 2025.
2025-12-20Credit Rating- OthersDowngradation and withdrawal oflong-term and short-term Credit Ratings
2025-11-14Board meeting outcomeWe hereby inform that the Board of Directors at its Meeting held today i.e., on November 14, 2025 has inter-alia approved: - The Un-Audited Financial ...
2025-10-16Structural Digital DatabaseStructured Digital Database filing by the Company for the Quarter ended September 30, 2025
2025-10-15Credit RatingCredit Rating
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Scrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of KIOCL Ltd?

KIOCL Ltd (KIOCL) has a market capitalisation of Rs 20,427 Cr. at the 2026-10-01 close.

What is the P/E ratio of KIOCL Ltd?

KIOCL Ltd trades at a P/E of 525 on trailing twelve-month profit, at the 2026-10-01 close.

What were KIOCL Ltd's latest quarterly results?

In the Jun 2026 quarter, KIOCL Ltd sales was Rs 158 Cr (+73.6% vs Jun 2025) with a net loss of Rs 15 Cr.

What is the 52-week high and low of KIOCL Ltd?

The 52-week high is Rs 634.55 and the 52-week low is Rs 290.65.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03