K

Kirloskar Ferrous Industries Ltd

KIRLFER NSE

Key Fundamentals

MicrocapPig IronMetals & Mining
Market Cap
₹7,206 Cr
Volatility
Moderate
P/E Ratio
20.26
EBITDA
₹904 Cr
Return on Equity
13.13%
Debt to Equity
0.27
Book Value
₹234.05
52W High
₹513
52W Low
₹408

Insights

Beta

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

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36 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 has been maintaining a healthy dividend payout of 24.8%

Weaknesses

2
  • Company has a low return on equity of 11.7% over last 3 years.
  • Promoter holding has decreased over last 3 years: -5.83%

Growth Rate

Revenue Growth
5.05%
Net Income Growth
72.52%
Cash Flow Change
43.61%
ROE
53.39%
ROCE
6.17%
EBITDA Margin (Avg.)
6.46%

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 18d ago
AI opinion · based on fundamentals
Risk high

Kirloskar Ferrous Industries Ltd is a mid-cap metals company with a market cap of ₹7,707 Cr trading at a PE of 15.1x. The company posted 80% TTM profit growth and maintains a 1.29% dividend yield, but its stock has declined 23% over the past year and promoter holding has fallen by 5.83% over three years.

Bull Case 8
  • TTM compounded profit growth of 80% indicates a strong earnings recovery cycle
  • 10-year compounded sales CAGR of 20% demonstrates consistent long-term revenue expansion
  • 10-year compounded profit CAGR of 25% reflects durable earnings growth over a full business cycle
  • PE of 15.1x is reasonable for a metals company with 80% TTM profit growth, suggesting earnings are not excessively priced
  • 10-year stock CAGR of 20% shows significant long-term wealth creation for shareholders
  • Healthy dividend payout ratio of 24.8% with a current yield of 1.29% provides income alongside capital appreciation
  • 5-year compounded sales CAGR of 28% shows the company scaled meaningfully during the recent commodity upcycle
  • Last year ROE of 15% shows improving capital efficiency compared to the 3-year average of 12%
Bear Case 8
  • Stock has declined 23% over the past 1 year, significantly underperforming broader markets
  • Promoter holding decreased by 5.83% over the last 3 years, signaling potential lack of promoter confidence
  • 3-year compounded sales CAGR of only 2% indicates revenue stagnation after the initial post-pandemic surge
  • 3-year ROE average of just 11.7-12% is below cost of equity for most investors in cyclical sectors
  • 3-year stock CAGR of -4% shows the stock has destroyed value for medium-term investors
  • Price-to-book ratio of 1.99x is not cheap for a metals business with sub-12% 3-year ROE
  • Tax rate appears low which may normalize in future periods, compressing net margins
  • 3-year compounded profit CAGR of only 6% versus TTM of 80% suggests the recent profit spike may be driven by a low base rather than structural improvement

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

AI News Digest

Anthropic anthropic claude-opus-4.6 15d ago
Headwinds 1
  • SC rejects mining royalty request Jul 14

    Supreme Court upheld government's position in mining royalty dispute, rejecting Kirloskar Ferrous Industries' request. This legal setback could have implications for the company's mining cost structure going forward.

Positives 1
  • Strong FY26 results and dividend Jul 13

    KFIL reported FY2026 net sales of ₹6,888.57 Crores, PAT of ₹504.74 Crores, and recommended total dividend of 120% (₹6 per share including ₹3 final dividend). TDS documents due by July 17, 2026.

TL;DR: Kirloskar Ferrous delivered solid FY26 financials with ₹504.74 Cr PAT and a generous 120% dividend payout, signaling confidence in cash flows. The key risk is the Supreme Court ruling against the company in the mining royalty dispute, which could raise operational costs. Overall, fundamentals remain healthy but the legal overhang on mining royalties warrants monitoring for margin impact in FY27.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
1,498
1,559
1,545
1,532
1,554
1,667
1,609
1,737
1,698
1,728
1,618
1,817
1,772
Expenses
1,288
1,303
1,329
1,351
1,366
1,472
1,433
1,536
1,481
1,514
1,432
1,593
1,556
Operating Profit
210
256
216
181
187
195
177
201
217
214
186
225
216
OPM %
14%
16%
14%
12%
12%
12%
11%
12%
13%
12%
11%
12%
12%
Other Income
4
-31
10
-18
8
17
10
24
8
9
-13
44
-12
Interest
29
30
29
32
33
37
39
35
34
33
29
30
29
Depreciation
46
57
60
69
58
60
62
67
64
64
67
69
69
PBT
139
139
137
62
104
115
85
124
127
126
77
170
105
Tax %
31%
37%
31%
29%
28%
26%
28%
26%
-85%
27%
29%
26%
22%
Net Profit
96
87
94
44
76
85
61
92
235
92
55
126
82
EPS in Rs
6.92
6.26
6.75
3.17
5.42
5.16
3.72
5.56
14.3
5.61
3.34
7.62
4.99
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
1,365
1,114
1,277
1,765
2,159
1,850
2,038
3,615
6,399
6,134
6,564
6,889
6,935
Expenses
1,214
963
1,105
1,654
1,945
1,634
1,577
2,968
5,559
5,266
5,802
6,039
6,095
Operating Profit
151
151
172
111
214
216
462
647
840
868
762
850
840
OPM %
11%
14%
13%
6%
10%
12%
23%
18%
13%
14%
12%
12%
12%
Other Income
1
2
5
4
3
15
3
11
44
-39
44
37
29
Interest
30
24
11
11
16
17
25
28
95
120
144
125
121
Depreciation
50
44
46
50
54
58
76
88
169
232
256
267
270
PBT
72
85
121
54
147
156
363
543
619
477
406
494
478
Tax %
31%
32%
27%
30%
33%
28%
17%
25%
29%
33%
28%
-2%
Net Profit
49
58
88
38
98
112
302
406
440
322
291
505
355
EPS in Rs
3.59
4.2
6.4
2.77
7.13
8.15
21.84
29.28
31.64
23.08
17.68
30.6
21.56
Div. Payout %
35%
30%
27%
45%
28%
25%
23%
19%
17%
24%
31%
20%
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
69
69
69
69
69
69
69
69
69
70
82
82
Reserves
386
423
514
524
589
653
930
1,267
2,935
3,170
3,355
3,782
Borrowings
133
108
111
72
127
311
292
1,193
969
1,224
1,278
1,036
Other Liabilities
340
256
292
534
605
586
641
1,069
1,498
1,429
1,633
1,689
Total Liabilities
928
857
986
1,199
1,390
1,619
1,933
3,598
5,472
5,892
6,349
6,589
Fixed Assets
542
550
574
561
608
854
1,012
1,160
2,990
3,103
3,513
3,610
CWIP
31
8
19
73
62
144
162
219
205
487
339
332
Investments
0
0
0
0
0
0
1
489
58
10
1
1
Other Assets
355
298
392
565
720
621
758
1,729
2,219
2,291
2,496
2,645
Total Assets
928
857
986
1,199
1,390
1,619
1,933
3,598
5,472
5,892
6,349
6,589
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
161
116
75
129
158
204
296
168
804
567
662
942
Investing
-57
-32
-70
-57
-161
-316
-223
-910
-217
-635
-476
-444
Financing
-106
-89
2
-79
2
118
-70
756
-605
48
-176
-453
Net Cash Flow
-1
-5
7
-7
-1
6
3
14
-18
-20
9
45
Free Cash Flow
102
83
1
70
-4
-113
82
-256
388
52
180
494
CFO/OP
116
89
57
129
93
108
83
44
115
82
99
112
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
47
46
60
60
64
58
65
54
48
53
58
58
Inventory Days
52
57
61
69
67
76
99
92
106
111
110
101
Days Payable
91
84
82
114
118
121
128
143
102
92
105
111
Cash Conversion Cycle
8
19
39
16
13
13
35
3
52
72
64
48
Working Capital Days
-16
-3
13
4
11
-7
-1
-37
10
9
4
7
ROCE %
17%
18%
20%
10%
23%
19%
33%
30%
22%
15%
12%
13%

Shareholding Pattern

As of Jun 2026
Promoters 50.78%
Public 20.43%
Others 14.55%
DIIs 12.56%
FIIs 1.68%
Total 100.00%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Oct 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
59.11%
59.10%
59.08%
59.05%
58.96%
58.95%
56.68%
56.66%
56.63%
56.61%
56.53%
56.50%
56.48%
56.45%
50.93%
50.93%
50.91%
50.90%
50.90%
50.86%
50.82%
50.80%
50.78%
FIIs
0.02%
0.02%
0.02%
0.02%
0.02%
0.02%
0.02%
0.02%
0.02%
0.00%
1.65%
0.02%
1.86%
1.98%
1.86%
1.83%
1.94%
1.92%
1.91%
1.90%
1.76%
1.78%
1.68%
DIIs
13.47%
12.89%
12.08%
12.08%
8.79%
8.76%
9.97%
10.63%
10.57%
10.74%
11.35%
11.39%
12.50%
12.51%
10.50%
10.45%
10.47%
10.67%
10.70%
11.31%
11.94%
12.57%
12.56%
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%
0.00%
Public
20.28%
20.26%
21.24%
21.29%
22.29%
22.04%
22.55%
22.35%
22.05%
21.77%
21.42%
20.85%
20.31%
20.16%
23.45%
21.89%
21.86%
21.69%
21.71%
21.45%
21.08%
20.11%
20.43%
Others
7.11%
7.72%
7.57%
7.55%
9.94%
10.24%
10.78%
10.34%
10.73%
10.87%
9.06%
11.24%
8.85%
8.91%
13.26%
14.89%
14.82%
14.82%
14.78%
14.48%
14.40%
14.73%
14.55%
No. of Shareholders
47,435
64,326
85,826
85,332
94,123
87,663
79,720
75,025
76,176
79,183
83,671
68,331
65,046
63,670
1,59,524
1,16,066
1,09,719
1,07,029
1,05,100
1,02,890
98,828
90,482
92,215

Documents

Frequently Asked Questions about Kirloskar Ferrous Industries Ltd

What does Kirloskar Ferrous Industries Ltd do?
KFIL, incorporated in 1991, is a part of the Pune-based Kirloskar Group. KFIL manufactures pig iron and ferrous castings such as cylinder blocks, cylinder heads, and transmission parts and different types of housings required by automobile, tractor and diesel engine industries. It is one of the...
Where is Kirloskar Ferrous Industries Ltd (KIRLFER) listed?
Kirloskar Ferrous Industries Ltd is listed on the Indian stock exchanges. It is listed on NSE: KIRLFER and BSE: 500245. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Kirloskar Ferrous Industries Ltd belong to?
Kirloskar Ferrous Industries Ltd operates in the Metals & Mining sector within the Pig Iron industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Kirloskar Ferrous Industries Ltd?
Kirloskar Ferrous Industries Ltd has a market capitalisation of approximately ₹7206.25 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Kirloskar Ferrous Industries Ltd?
The Price-to-Earnings (PE) ratio of Kirloskar Ferrous Industries Ltd is 20.26. 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 Kirloskar Ferrous Industries Ltd?
Over the past 52 weeks, Kirloskar Ferrous Industries Ltd has traded between a low of ₹408 and a high of ₹513. This range helps investors understand the stock's price volatility and recent trading levels.
Does Kirloskar Ferrous Industries Ltd pay dividends?
Yes, Kirloskar Ferrous Industries Ltd has a dividend yield of 1.39%. 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 Kirloskar Ferrous Industries Ltd?
Kirloskar Ferrous Industries Ltd has a Return on Equity (ROE) of 13.13%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Kirloskar Ferrous Industries Ltd on Tapetide?
On Tapetide, you can view Kirloskar Ferrous Industries 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

KFIL, incorporated in 1991, is a part of the Pune-based Kirloskar Group. KFIL manufactures pig iron and ferrous castings such as cylinder blocks, cylinder heads, and transmission parts and different types of housings required by automobile, tractor and diesel engine industries. It is one of the leading players in foundry-grade pig iron manufacturing and ferrous castings in the domestic market.[1]

CEO Mr. Ravindranath Venkatesh Gumaste B.Tech (Met.)
Employees 3,253
Listed 2019-11-13
Face Value ₹ 5

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