MarketFriction

Kirloskar Ferrous Industries Ltd

NSE KIRLFER · BSE 500245 · Pig Iron
₹465.85 -0.88%
NSE close2026-10-01
52 week range408.00 - 513.00
Market cap₹7,835 Cr.
P/E20.0
Price band 20% Delivery 68.4%

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
Sales1,5591,5451,5321,5541,6671,6091,7371,6981,7281,6181,8171,772
Expenses1,3031,3291,3511,3661,4721,4331,5361,4811,5141,4321,5931,556
Operating Profit256216181187195177201217214186225216
OPM %16%14%12%12%12%11%12%13%12%11%12%12%
Other Income-3110-18817102489-1344-12
Interest302932333739353433293029
Depreciation576069586062676464676969
Profit before tax139137621041158512412712677170105
Tax %37%31%29%28%26%28%26%-85%27%29%26%22%
Net Profit87944476856192235925512682
EPS in Rs6.266.753.175.425.163.725.5614.305.613.347.624.99
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,1141,2771,7652,1591,8502,0383,6156,3996,1346,5646,8896,935
Expenses9631,1051,6541,9451,6341,5772,9685,5595,2665,8026,0396,095
Operating Profit151172111214216462647840868762850840
OPM %14%13%6%10%12%23%18%13%14%12%12%12%
Other Income25431531144-39443729
Interest2411111617252895120144125121
Depreciation44465054587688169232256267270
Profit before tax8512154147156363543619477406494478
Tax %32%27%30%33%28%17%25%29%33%28%-2%
Net Profit58883898112302406440322291505355
EPS in Rs4.206.402.777.138.1521.8429.2831.6423.0817.6830.6021.56
Dividend Payout %30%27%45%28%25%23%19%17%24%31%20%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth20%28%2%3%
Compounded Profit Growth25%12%6%-17%
Stock Price CAGR20%13%0%-11%
Return on Equity16%15%12%15%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital696969696969696969708282
Reserves3864235145245896539301,2672,9353,1703,3553,782
Borrowings133108111721273112921,1939691,2241,2781,036
Other Liabilities3402562925346055866411,0691,4981,4291,6331,689
Total Liabilities9288579861,1991,3901,6191,9333,5985,4725,8926,3496,589
Fixed Assets5425505745616088541,0121,1602,9903,1033,5133,610
CWIP318197362144162219205487339332
Investments0000001489581011
Other Assets3552983925657206217581,7292,2192,2912,4962,645
Total Assets9288579861,1991,3901,6191,9333,5985,4725,8926,3496,589
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity16111675129158204296168804567662942
Cash from Investing Activity-57-32-70-57-161-316-223-910-217-635-476-444
Cash from Financing Activity-106-892-792118-70756-60548-176-453
Net Cash Flow-1-57-7-16314-18-20945
Free Cash Flow10283170-4-11382-25638852180494
CFO/OP116%89%57%129%93%108%83%44%115%82%99%112%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days474660606458655448535858
Inventory Days5257616967769992106111110101
Days Payable91848211411812112814310292105111
Cash Conversion Cycle8193916131335352726448
Working Capital Days-16-313411-7-1-3710947
ROCE %17%18%20%10%23%19%33%30%22%15%12%13%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters56.53%56.50%56.48%56.44%50.93%50.91%50.90%50.90%50.86%50.82%50.80%50.78%
FIIs1.65%1.71%1.86%1.98%1.86%1.94%1.93%1.91%1.90%1.76%1.78%1.68%
DIIs11.33%11.99%12.49%12.49%10.50%10.47%10.68%10.70%11.31%11.95%12.57%12.56%
Public30.49%29.81%29.18%29.10%36.71%36.69%36.50%36.49%35.93%35.48%34.84%34.97%
No. of Shareholders83,67168,33165,04763,6701,59,5241,09,7191,07,0291,05,1001,02,89098,82890,48292,215

Fundamentals

Market Cap₹ 7,835 Cr.
Current Price₹ 474
Stock P/E20.0
Book Value₹ 234
ROCE13.4 %
ROE14.5 %
Dividend Yield1.26 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)3%
Compounded Profit Growth (TTM)-17%
Standalone figures.
Valuation
Market capRs 7,683 Cr
Enterprise valueRs 8,597 Cr
P/E (TTM)21.62x
Price to book1.99x
Price to sales1.11x
EV / EBITDA9.90x
EV / EBIT14.35x
EV / sales1.24x
Price to cash flow8.16x
Earnings yield4.63%
Dividend yield1.29%
P/E, 3-year average20.53x
P/B, 3-year average2.03x
P/E, 5-year average16.73x
P/B, 5-year average2.09x
Profitability
Operating margin (excl. other income)12.34%
Operating margin (incl. other income)12.87%
EBITDA margin12.52%
Pre-tax margin6.89%
Net profit margin5.13%
Net margin, latest quarter4.65%
ROE13.83%
ROCE12.89%
ROA7.80%
ROE, 3-year average10.95%
ROCE, 3-year average13.01%
ROA, 3-year average6.07%
ROE, 5-year average17.58%
ROCE, 5-year average18.17%
ROA, 5-year average8.52%
ROIC (approx.)12.80%
Tax rate-2.14%
Other income / net worth0.95%
Growth
Sales growth (latest year)4.94%
Profit growth (latest year)73.45%
Sales CAGR, 3 years2.49%
Sales CAGR, 5 years27.58%
Profit CAGR, 3 years4.70%
Profit CAGR, 5 years10.81%
Sales growth QoQ-2.51%
Profit growth QoQ-34.53%
Sales growth YoY (latest quarter)4.32%
Profit growth YoY (latest quarter)-65.04%
Per share
EPS (TTM)Rs 21.55
EPS (latest year)Rs 30.60
EPS (latest quarter)Rs 4.99
EPS, 3-year averageRs 23.79
EPS, 5-year averageRs 26.46
Book value per shareRs 234.29
Sales per shareRs 420.48
Cash flow per shareRs 57.12
Free cash flow per shareRs 29.95
Dividend per share (latest year)Rs 6.00
Dividend per share, 3-year averageRs 5.67
Dividend per share, 5-year averageRs 5.60
Dividends
Dividend payout19.60%
Dividend payout, 3-year average24.85%
Dividend payout, 5-year average22.14%
Efficiency
Asset turnover1.05x
Fixed asset turnover1.91x
Inventory turnover4.97x
Inventory days73 days
Debtor days58 days
Debtors turnover6.32x
Creditor days111 days
Cash conversion cycle48 days
Working capital days7 days
Leverage
Total debtRs 1,036 Cr
Cash and bankRs 122 Cr
Net debtRs 914 Cr
Debt to equity0.27x
Net debt / EBITDA1.05x
Interest coverage4.96x
Owners' fund to total sources58.64%
Debt to assets15.73%
Cash flow
Cash from Operating Activity (latest year)Rs 942 Cr
Cash from Investing Activity (latest year)Rs -444 Cr
Cash from Financing Activity (latest year)Rs -453 Cr
Net Cash Flow (latest year)Rs 45 Cr
Free cash flow (latest year)Rs 494 Cr
FCFE (approx.: FCF + change in debt)Rs 252 Cr
Cash from ops / profit, 5 years1.60x
Sales to cash flow7.31x
Statement figures
Net sales (TTM)Rs 6,935 Cr
Net sales (latest year)Rs 6,889 Cr
Sales (latest quarter)Rs 1,772 Cr
Operating profit excl. other income (latest year)Rs 850 Cr
Operating profit (latest quarter)Rs 216 Cr
Other income (TTM)Rs 29 Cr
EBITDA (TTM)Rs 868 Cr
PBDT (TTM)Rs 748 Cr
Profit before tax (TTM)Rs 478 Cr
Tax (latest year)Rs -11 Cr
Net profit (TTM)Rs 355 Cr
Net profit (latest year)Rs 505 Cr
Net profit (latest quarter)Rs 82 Cr
Depreciation (TTM)Rs 270 Cr
Depreciation (latest quarter)Rs 69 Cr
Interest (TTM)Rs 121 Cr
Cost of goods sold (latest year)Rs 5,331 Cr
Total expenditure (latest year)Rs 6,039 Cr
Total income (latest year)Rs 6,925 Cr
Share capitalRs 82 Cr
ReservesRs 3,782 Cr
Shareholders' fundsRs 3,864 Cr
Total assetsRs 6,589 Cr
Net blockRs 3,610 Cr
Capital work in progressRs 332 Cr
InvestmentsRs 1 Cr
ReceivablesRs 1,090 Cr
InventoryRs 1,073 Cr
Other liabilitiesRs 1,689 Cr
Shares outstanding (crore)16.49
Ownership
Promoter holding50.78% (-0.12 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 21.6 is at the 79th percentile of its own 7.0-year range (median 15.4, low 7.3, high 42.4).
P/B 1.99 is at the 19th percentile (median 2.58).
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.
PeriodKIRLFERNifty 50Difference
1 week-2.6%-2.8% +0.2 pts
1 month+3.6%-6.8% +10.4 pts
3 months+0.4%-7.6% +8.0 pts
6 months-0.3%+0.4% -0.7 pts
1 year+8.5%-9.9% +18.4 pts
2 years+107.1%-13.6% +120.7 pts
3 years-3.0%+14.2% -17.2 pts
5 years+80.9%+27.9% +53.1 pts
16 mutual fund schemes hold about ₹1,094 Cr. Over three months 3 bought more and 11 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
HDFC Small Cap Fund0.85%358 -6%
Tata Small Cap Fund1.45%190 -7%
Bandhan Small Cap Fund0.39%132 -17%
ICICI Pru Small Cap Fund0.72%71 -17%
Nippon India Small Cap Fund0.08%69 -7%
ICICI Pru Small Cap Fund0.72%69 -17%
Sundaram Mid Cap Fund0.46%68 +100%
Sundaram Mid Cap Fund0.46%66 +100%
Sundaram Value Fund2.52%32 +17%
LIC MF Infra Fund1.55%18 -6%
LIC MF Manufacturing Fund1.72%13 -2%
LIC MF Value Fund1.02%3 -33%
LIC MF Value Fund1.02%3 -33%
360 ONE Balanced Hybrid Fund0.25%2 +1%
Motilal Oswal BSE 1000 Index Fund0.02%0 -6%
ICICI Pru Children's Fund0.00%0 -100%

Red flags

F-score 8 of 8
No red flags in the latest statements and filings.
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.

Latest quarter

Jun 2026
Sales ₹1,772 Cr +4.4% vs Jun 2025. Net profit ₹82 Cr -65.1%.
Against our estimate for Jun 2026: sales +1.7%, profit -23.2% in line. Our estimate for Sep 2026: sales Rs 1,805 Cr, profit Rs 90 Cr (how).

Activity

Compare
No listed peers in this industry.
No bulk or block deals on record.
Ex-dateActionFactor
2026-07-17Dividend - Rs 3 Per Share
2023-07-14Dividend - Rs 3 Per Share
2023-02-17Interim Dividend - Rs 2.50 Per Share
2022-07-21Dividend - Rs 3 Per Share
2022-02-03Interim Dividend - Rs 2.50 Per Share
2021-07-15 Annual General Meeting/Dividend - Rs 3 Per Share
2021-03-10 Interim Dividend - Rs 2 Per Share
2020-07-30 Annual General Meeting
2020-03-12 Interim Dividend - Rs 2 Per Share
No announcements in our files yet.
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.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Kirloskar Ferrous Industries Ltd?

Kirloskar Ferrous Industries Ltd (KIRLFER) has a market capitalisation of Rs 7,835 Cr. at the 2026-10-01 close.

What is the P/E ratio of Kirloskar Ferrous Industries Ltd?

Kirloskar Ferrous Industries Ltd trades at a P/E of 20.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were Kirloskar Ferrous Industries Ltd's latest quarterly results?

In the Jun 2026 quarter, Kirloskar Ferrous Industries Ltd sales was Rs 1,772 Cr (+4.4% vs Jun 2025) and net profit was Rs 82 Cr.

What is the 52-week high and low of Kirloskar Ferrous Industries Ltd?

The 52-week high is Rs 513.00 and the 52-week low is Rs 408.00.

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