K

Kennametal India Ltd

KENNAMET NSE

Key Fundamentals

MicrocapIndustrial ProductsCapital Goods
Market Cap
₹7,744 Cr
Volatility
High Risk
P/E Ratio
39.27
EBITDA
₹188 Cr
Return on Equity
17.65%
Debt to Equity
0
Book Value
₹388.42
52W High
₹3,775
52W Low
₹2,405.2

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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11 extracted metrics + investor summaries across FY11–FY25.

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Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

4
  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 24.2% CAGR over last 5 years

Weaknesses

1
  • Stock is trading at 9.14 times its book value

Growth Rate

Revenue Growth
16.21% ↗
Net Income Growth
55.66% ↗
Cash Flow Change
-70.46% ↘
ROE
41.09% ↗
ROCE
39.26% ↗
EBITDA Margin (Avg.)
17.69% ↗

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 42d ago
AI opinion · based on fundamentals
Risk medium

Kennametal India Ltd trades at a market cap of ₹6,388 Cr with a PE of 46.2x and P/B of 8.0x, reflecting premium valuations. The company is virtually debt-free with a 65% dividend payout, but delivers a modest 13% ROE over three years while TTM sales grew 18% and profits grew 36%.

Bull Case 8
  • Company is almost debt-free, significantly reducing financial risk and interest burden
  • TTM profit growth of 36% indicates strong recent earnings momentum
  • TTM sales growth of 18% shows accelerating top-line performance compared to 3-year CAGR of 6%
  • Healthy dividend payout ratio of 65.1% demonstrates shareholder-friendly capital allocation with current yield of 1.37%
  • 5-year compounded profit CAGR of 22% reflects sustained long-term earnings growth
  • 10-year stock CAGR of 16% shows consistent long-term wealth creation
  • 5-year compounded sales CAGR of 13% indicates solid medium-term revenue trajectory
  • Company has actively reduced debt over time, strengthening its balance sheet position
Bear Case 8
  • PE ratio of 46.2x is significantly elevated for an industrial company with 13% ROE
  • Price-to-book of 8.0x is expensive, implying high expectations already priced in
  • 3-year ROE averages only 13%, which is modest relative to the premium valuation commanded
  • 3-year compounded profit CAGR is negative at -5%, indicating earnings were inconsistent before recent recovery
  • 3-year stock CAGR of only 3% suggests the stock stagnated for an extended period before the recent rally
  • 10-year compounded sales CAGR of just 7% points to structurally slow top-line growth over longer periods
  • 1-year stock return of 24% has expanded an already high PE multiple, increasing downside risk if earnings disappoint
  • ROE has remained flat at 13-14% across 3, 5, and 10-year periods, showing limited improvement in capital efficiency

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 42d ago
Neutral 2
  • Related party transactions approved Jun 23

    Shareholders approved material related party transactions with Kennametal Inc., USA and Kennametal Europe GmbH, Switzerland with 99.97% votes in favour via e-voting.

  • Trading window closed pre-results Jun 12

    Trading window closed from June 16, 2026 until 48 hours after Q4FY26 results are declared, per SEBI insider trading regulations.

TL;DR: Limited news flow for Kennametal India with only routine corporate governance actions reported. The overwhelming shareholder approval (99.97%) for related party transactions signals no governance concerns. Q4FY26 results are imminent given the trading window closure, which will be the next meaningful catalyst for the stock.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
279
258
271
269
302
270
287
290
323
296
334
403
478
Expenses
243
223
228
224
254
228
246
250
274
243
289
326
349
Operating Profit
36
35
43
45
49
42
41
40
49
53
45
77
129
OPM %
13%
14%
16%
17%
16%
16%
14%
14%
15%
18%
13%
19%
27%
Other Income
1
2
2
18
3
3
3
4
4
2
2
4
2
Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
Depreciation
11
10
11
11
11
12
11
12
12
12
12
12
12
PBT
27
26
33
52
40
34
32
33
41
43
35
69
118
Tax %
30%
35%
25%
26%
24%
26%
31%
26%
24%
28%
31%
26%
25%
Net Profit
19
17
25
38
30
25
22
24
31
31
24
51
89
EPS in Rs
8.51
7.78
11.33
17.43
13.79
11.37
10.1
11.1
14.24
14.29
11.1
23.39
40.4
Figures in ₹ Crores

Profit & Loss

  Jun 2015Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025Jun 2026
Sales
570
570
652
793
927
641
811
991
1,077
1,100
1,170
1,511
Expenses
510
524
594
692
791
580
691
812
926
929
998
1,207
Operating Profit
60
46
58
101
136
61
120
179
152
171
172
304
OPM %
11%
8%
9%
13%
15%
10%
15%
18%
14%
16%
15%
20%
Other Income
12
9
0
0
14
15
8
9
5
24
14
11
Interest
0
0
0
0
0
1
0
0
0
1
0
0
Depreciation
26
24
28
28
28
34
38
36
39
44
46
48
PBT
46
31
30
73
122
40
89
153
118
151
140
266
Tax %
28%
32%
20%
28%
29%
20%
26%
25%
25%
27%
27%
26%
Net Profit
34
21
24
52
86
32
67
114
88
110
103
196
EPS in Rs
15.25
9.44
11.09
23.8
39.27
14.79
30.3
51.92
39.9
50.28
46.82
89.18
Div. Payout %
13%
21%
18%
8%
5%
0%
66%
46%
50%
60%
86%
0%
Figures in ₹ Crores

Balance Sheet

  Jun 2015Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025Jun 2026
Equity Capital
22
22
22
22
22
22
22
22
22
22
22
22
Reserves
340
355
372
417
497
528
551
624
666
712
725
832
Borrowings
0
0
0
0
10
13
0
0
3
3
2
2
Other Liabilities
117
130
144
199
226
125
191
184
160
191
217
409
Total Liabilities
478
507
537
638
755
688
765
830
851
927
967
1,265
Fixed Assets
101
107
146
154
184
247
225
215
275
294
273
282
CWIP
6
16
3
21
67
32
52
77
34
8
8
7
Investments
0
0
51
0
0
2
2
0
0
0
0
0
Other Assets
371
383
338
462
504
408
486
538
542
626
685
976
Total Assets
478
507
537
638
755
688
765
830
851
927
967
1,265
Figures in ₹ Crores

Cash Flow

  Jun 2015Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025Jun 2026
Operating
61
17
77
63
84
28
155
49
116
114
145
18
Investing
-17
-42
-45
-55
-139
-32
-24
-48
-45
-23
-4
-48
Financing
-5
-5
-5
-5
4
2
-57
-53
-45
-67
-89
-89
Net Cash Flow
38
-30
27
2
-51
-2
73
-51
26
24
52
-118
Free Cash Flow
43
-26
27
3
-25
-33
129
-16
69
86
116
-35
CFO/OP
134
82
143
65
89
71
144
49
97
84
93
24
Figures in ₹ Crores

Ratios

  Jun 2015Jun 2016Jun 2017Jun 2018Jun 2019Jun 2020Jun 2021Jun 2022Jun 2023Jun 2024Jun 2025Jun 2026
Debtor Days
71
76
62
66
57
46
51
50
48
59
59
65
Inventory Days
115
137
114
136
150
208
173
195
149
168
172
280
Days Payable
75
86
89
92
93
60
86
75
46
68
65
127
Cash Conversion Cycle
111
127
87
109
114
194
138
170
151
160
166
219
Working Capital Days
79
90
57
57
68
96
62
88
82
101
88
122
ROCE %
11%
8%
9%
20%
25%
8%
16%
25%
17%
19%
18%
33%

Shareholding Pattern

As of Jun 2026
Promoters 75.00%
DIIs 13.34%
Public 9.29%
Others 2.14%
FIIs 0.23%
Total 100.00%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
75.00%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.87%
0.97%
0.96%
1.00%
0.91%
0.93%
0.88%
0.93%
0.87%
0.38%
0.35%
0.23%
DIIs
12.81%
12.81%
12.75%
12.75%
12.81%
12.84%
12.88%
12.73%
12.80%
13.00%
13.04%
13.17%
13.45%
13.56%
13.55%
13.72%
13.72%
13.78%
13.95%
14.19%
14.05%
13.34%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
10.17%
10.26%
10.29%
10.26%
10.33%
10.63%
10.07%
10.05%
10.04%
9.58%
9.54%
9.55%
9.31%
9.20%
9.17%
9.06%
9.13%
9.02%
8.50%
8.69%
8.78%
9.29%
Others
2.02%
1.93%
1.96%
1.99%
1.86%
1.53%
2.05%
2.22%
2.16%
2.42%
1.55%
1.30%
1.28%
1.23%
1.37%
1.29%
1.27%
1.27%
1.67%
1.74%
1.82%
2.14%
No. of Shareholders
8,604
9,985
9,940
10,440
14,767
13,882
13,750
13,756
13,872
12,767
14,144
13,438
11,527
10,993
11,036
10,973
11,116
11,734
11,493
11,201
11,023
12,110

Documents

Frequently Asked Questions about Kennametal India Ltd

What does Kennametal India Ltd do?
Kennametal India Ltd was incorporated in 1938, it is a 75% subsidiary of Kennametal Inc. It manufactures carbide tools and special-purpose machines for automotive, defense, railways, infrastructure and General engineering segments. The manufacturing unit is in Bengaluru.[1][2]
Where is Kennametal India Ltd (KENNAMET) listed?
Kennametal India Ltd is listed on the Indian stock exchanges. It is listed on NSE: KENNAMET and BSE: 505890. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Kennametal India Ltd belong to?
Kennametal India Ltd operates in the Capital Goods sector within the Industrial Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Kennametal India Ltd?
Kennametal India Ltd has a market capitalisation of approximately ₹7743.81 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Kennametal India Ltd?
The Price-to-Earnings (PE) ratio of Kennametal India Ltd is 39.27. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Kennametal India Ltd?
Over the past 52 weeks, Kennametal India Ltd has traded between a low of ₹2,405.2 and a high of ₹3,775. This range helps investors understand the stock's price volatility and recent trading levels.
Does Kennametal India Ltd pay dividends?
Yes, Kennametal India Ltd has a dividend yield of 1.13%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Kennametal India Ltd?
Kennametal India Ltd has a Return on Equity (ROE) of 17.65%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Kennametal India Ltd on Tapetide?
On Tapetide, you can view Kennametal India Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Kennametal India Ltd was incorporated in 1938, it is a 75% subsidiary of Kennametal Inc. It manufactures carbide tools and special-purpose machines for automotive, defense, railways, infrastructure and General engineering segments. The manufacturing unit is in Bengaluru.[1][2]

Website kennametal.com
CEO Mr. Vijaykrishnan Venkatesan
Employees 772
Listed 1994-11-03
Face Value ₹ 10

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