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KIOCL Ltd

KIOCL NSE

Key Fundamentals

SmallcapSponge IronMetals & Mining
Market Cap
₹23,815 Cr
Volatility
Moderate
P/E Ratio
1,399.11
EBITDA
₹-31.45 Cr
Return on Equity
-11.95%
Debt to Equity
0.11
Book Value
₹28.57
52W High
₹634.55
52W Low
₹290.65

Insights

Beta

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

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29 extracted metrics + investor summaries across FY15–FY26.

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Tapetide Score

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

Technical Indicators

Key Insights

Strengths

1
  • Company is expected to give good quarter

Weaknesses

5
  • Stock is trading at 13.7 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -23.7% over past five years.
  • Company has a low return on equity of -4.96% over last 3 years.
  • Earnings include an other income of Rs.94.8 Cr.

Growth Rate

Revenue Growth
-4.59% ↘
Net Income Growth
-108.10% ↘
Cash Flow Change
227.80% ↗
ROE
175.35% ↗
ROCE
315.15% ↗
EBITDA Margin (Avg.)
-81.03% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 6h ago
AI opinion · based on fundamentals
Risk high

KIOCL Ltd, a government-owned iron ore mining and pelletisation company, trades at a market cap of Rs.23,815 Cr with an extremely elevated PE of 1,461.7x and a price-to-book of 13.81x. The company has seen a sharp sales decline of -24% CAGR over five years but reported a TTM profit growth of 108%, though earnings quality is questionable with Rs.94.8 Cr of other income included.

Bull Case 8
  • TTM profit growth of 108% indicates a strong turnaround in recent profitability from a low base
  • Company is expected to deliver a good upcoming quarter, suggesting near-term operational momentum
  • Stock has delivered a 3-year CAGR of 21%, outperforming many sector peers in price appreciation
  • 10-year compounded sales growth of 13% shows the company has historically demonstrated revenue scalability over longer cycles
  • 10-year ROE average of 3% indicates the company has been able to generate positive returns over a full commodity cycle
  • Dividend yield of 0.45% provides some cash return to shareholders despite volatile earnings
  • As a government-owned entity (CPSE), KIOCL benefits from captive iron ore mine allocations and policy support in the mining sector
  • TTM sales growth has turned positive at 4%, signalling a potential revenue recovery after years of decline
Bear Case 8
  • PE ratio of 1,461.7x is extraordinarily high, implying the stock price is far detached from current earnings power
  • Price-to-book of 13.81x is extremely elevated for a metals and mining company where asset-heavy valuations typically trade at 1-3x book
  • 5-year compounded sales decline of -24% reflects a severe and sustained erosion in the core business revenue
  • 3-year average ROE of -5% indicates the company has been destroying shareholder value over the medium term
  • Earnings include other income of Rs.94.8 Cr, raising concerns about the sustainability and quality of reported profits
  • Low interest coverage ratio suggests the company's operating profits are insufficient to comfortably service debt obligations
  • 5-year compounded profit decline of -44% shows deep earnings deterioration over a meaningful time horizon
  • Last year ROE of just 1% is well below the cost of equity, indicating inadequate returns even in the recovery phase

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

AI News Digest

Anthropic anthropic claude-opus-4.6 1d ago
Neutral 1
  • Three independent directors appointed Aug 5

    Ministry of Steel appointed Rakesh Modi, Subhash Chandra Saraf, and Avtar Singh as Non-Official Independent Directors at KIOCL for three-year terms.

TL;DR: Limited recent news flow for KIOCL with only a routine board appointment announced. No material positives or negatives emerged during this period. The lack of operational or financial updates makes it difficult to assess near-term trajectory; investors should watch for upcoming quarterly results and any updates on iron ore pellet production or pricing.

Quarterly Results

  Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales
735
501
431
549
372
147
16
181
246
91
143
160
220
Expenses
688
565
451
513
398
196
83
224
287
133
164
155
189
Operating Profit
47
-64
-19
36
-25
-49
-67
-43
-41
-42
-22
4
32
OPM %
6%
-13%
-4.5%
7%
-7%
-33%
-417%
-24%
-17%
-46%
-15%
2.7%
14%
Other Income
22
13
11
12
15
11
13
11
16
17
18
22
36
Interest
7
5
2
4
3
2
6
4
4
4
4
4
4
Depreciation
4
6
7
7
7
8
10
11
11
10
10
10
9
PBT
58
-62
-18
37
-21
-49
-70
-47
-40
-38
-17
13
54
Tax %
-43%
-6%
19%
-6%
104%
4%
-1%
1%
-7%
-2%
0%
-38%
2%
Net Profit
82
-58
-21
39
-43
-51
-69
-48
-37
-38
-17
18
53
EPS in Rs
1.35
-0.95
-0.35
0.64
-0.71
-0.83
-1.14
-0.79
-0.61
-0.62
-0.28
0.3
0.88
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales
534
184
870
1,602
1,888
1,938
2,376
3,006
1,543
1,854
591
613
Expenses
686
465
970
1,644
1,808
1,955
2,025
2,626
1,708
1,926
791
643
Operating Profit
-151
-281
-100
-42
80
-18
352
380
-164
-72
-200
-29
OPM %
-28%
-152%
-12%
-2.6%
4.2%
-0.9%
15%
13%
-11%
-3.9%
-34%
-4.8%
Other Income
215
214
155
147
125
119
101
74
80
50
50
95
Interest
0
0
1
1
1
10
15
12
14
15
15
15
Depreciation
32
23
22
19
19
27
27
31
25
27
40
39
PBT
31
-90
31
86
184
64
410
411
-123
-64
-205
12
Tax %
1%
-11%
-54%
5%
39%
32%
27%
24%
-20%
31%
0%
-39%
Net Profit
31
-80
48
81
112
43
301
313
-98
-83
-205
17
EPS in Rs
0.49
-1.26
0.76
1.28
1.8
0.7
4.96
5.16
-1.61
-1.37
-3.37
0.27
Div. Payout %
21%
-8%
49%
83%
74%
100%
33%
34%
0%
0%
0%
0%
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
635
635
635
635
622
622
608
608
608
608
608
608
Reserves
1,504
1,428
1,467
1,511
1,372
1,294
1,378
1,536
1,394
1,311
1,104
1,128
Borrowings
1
0
0
0
0
124
120
126
537
180
193
192
Other Liabilities
403
349
440
412
329
342
396
412
419
361
404
415
Total Liabilities
2,542
2,411
2,541
2,558
2,323
2,382
2,502
2,681
2,958
2,459
2,309
2,343
Fixed Assets
249
238
221
202
200
279
271
277
282
895
953
939
CWIP
0
0
1
2
4
21
42
296
702
159
169
167
Investments
0
0
0
0
42
0
0
0
0
0
0
0
Other Assets
2,293
2,173
2,320
2,354
2,076
2,082
2,189
2,108
1,975
1,405
1,188
1,238
Total Assets
2,542
2,411
2,541
2,558
2,323
2,382
2,502
2,681
2,958
2,459
2,309
2,343
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
-88
-44
-261
-100
-126
-22
97
70
-309
105
343
79
Investing
185
46
302
-13
581
49
298
-132
129
-127
-157
-57
Financing
-10
-8
-8
-40
-274
-112
-246
-165
337
-372
-80
-16
Net Cash Flow
87
-5
33
-153
181
-85
149
-227
157
-395
106
6
Free Cash Flow
-90
-50
-265
-86
-146
-42
56
-220
-732
9
316
56
CFO/OP
57
16
260
239
-159
62
47
52
188
-145
-171
-217
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
9
32
61
12
12
23
37
35
84
2
16
21
Inventory Days
353
120
100
77
90
67
79
67
115
134
124
1,622
Days Payable
90
111
97
43
32
29
36
24
54
42
177
2,551
Cash Conversion Cycle
272
41
64
46
71
61
81
78
145
94
-37
-908
Working Capital Days
174
32
73
51
60
51
66
78
99
115
51
-1
ROCE %
1%
-4%
2%
3%
9%
3%
21%
19%
-5%
-2%
-9%
1%

Shareholding Pattern

As of Mar 2026
Promoters 99.03%
Public 0.79%
Others 0.10%
FIIs 0.04%
DIIs 0.03%
Total 99.99%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters
99.03%
99.03%
99.03%
99.03%
99.03%
99.03%
99.03%
99.03%
99.03%
99.03%
99.03%
99.03%
99.03%
99.03%
99.03%
99.03%
99.03%
99.03%
99.03%
99.03%
99.03%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.01%
0.00%
0.00%
0.00%
0.02%
0.00%
0.01%
0.01%
0.04%
DIIs
0.15%
0.14%
0.14%
0.14%
0.13%
0.13%
0.13%
0.13%
0.13%
0.13%
0.13%
0.10%
0.09%
0.08%
0.07%
0.07%
0.07%
0.07%
0.03%
0.03%
0.03%
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%
Public
0.76%
0.74%
0.72%
0.68%
0.68%
0.69%
0.66%
0.68%
0.68%
0.68%
0.76%
0.80%
0.80%
0.81%
0.83%
0.82%
0.80%
0.82%
0.82%
0.80%
0.79%
Others
0.06%
0.08%
0.11%
0.14%
0.16%
0.15%
0.17%
0.16%
0.15%
0.15%
0.08%
0.06%
0.07%
0.08%
0.07%
0.07%
0.07%
0.07%
0.11%
0.12%
0.10%
No. of Shareholders
0
14,447
15,766
20,221
18,178
18,205
19,021
18,722
19,131
18,859
21,857
27,539
29,345
30,882
31,684
35,777
37,419
37,381
38,115
40,444
39,787

Documents

Frequently Asked Questions about KIOCL Ltd

What does KIOCL Ltd do?
KIOCL is a flagship company under the Ministry of Steel, GoI, with Miniratna status. It is an export-oriented unit with expertise in iron ore mining, filtration technology, and the production of high-quality pellets. [1]
Where is KIOCL Ltd (KIOCL) listed?
KIOCL Ltd is listed on the Indian stock exchanges. It is listed on NSE: KIOCL and BSE: 540680. You can view its live share price, financials, and ratios on Tapetide.
Which sector does KIOCL Ltd belong to?
KIOCL Ltd operates in the Metals & Mining sector within the Sponge Iron industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of KIOCL Ltd?
KIOCL Ltd has a market capitalisation of approximately ₹23814.73 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of KIOCL Ltd?
The Price-to-Earnings (PE) ratio of KIOCL Ltd is 1399.11. 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 KIOCL Ltd?
Over the past 52 weeks, KIOCL Ltd has traded between a low of ₹290.65 and a high of ₹634.55. This range helps investors understand the stock's price volatility and recent trading levels.
Does KIOCL Ltd pay dividends?
Yes, KIOCL Ltd has a dividend yield of 0.45%. 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 KIOCL Ltd?
KIOCL Ltd has a Return on Equity (ROE) of -11.95%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research KIOCL Ltd on Tapetide?
On Tapetide, you can view KIOCL 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

KIOCL is a flagship company under the Ministry of Steel, GoI, with Miniratna status. It is an export-oriented unit with expertise in iron ore mining, filtration technology, and the production of high-quality pellets. [1]

Website kioclltd.in
CEO Mr. Ganti Venkat Kiran
Employees 532
Listed 2016-11-29
Face Value ₹ 10
Issued Size 60,77,51,096

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