Kirloskar Ferrous Industries Ltd

Kirloskar Ferrous Industries Ltd

₹ 462 -2.65%
30 Jun - close price
About

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]

Key Points

Product Portfolio
a) Pig Iron – KFIL produces high-quality pig iron used by foundries and steel mills, especially in the automotive and engineering industries.[1]

  • Market Cap 7,627 Cr.
  • Current Price 462
  • High / Low 618 / 336
  • Stock P/E 14.6
  • Book Value 234
  • Dividend Yield 1.19 %
  • ROCE 13.2 %
  • ROE 14.2 %
  • Face Value 5.00

Pros

  • Company has been maintaining a healthy dividend payout of 20.7%

Cons

  • Tax rate seems low
  • Company has a low return on equity of 11.9% over last 3 years.
  • Promoter holding has decreased over last 3 years: -5.83%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
991 1,498 1,559 1,545 1,532 1,554 1,667 1,609 1,737 1,685 1,728 1,618 1,817
833 1,288 1,303 1,329 1,351 1,366 1,472 1,433 1,536 1,471 1,514 1,432 1,593
Operating Profit 158 210 256 216 181 187 195 177 201 214 214 186 225
OPM % 16% 14% 16% 14% 12% 12% 12% 11% 12% 13% 12% 11% 12%
3 4 -31 10 -18 8 17 10 24 12 9 -13 44
Interest 23 29 30 29 32 33 37 39 35 34 33 29 30
Depreciation 28 46 57 60 69 58 60 62 67 62 64 67 69
Profit before tax 110 139 139 137 62 104 115 85 124 130 126 77 170
Tax % 26% 31% 37% 31% 29% 28% 26% 28% 26% 27% 27% 29% 26%
82 96 87 94 44 76 85 61 92 96 92 55 126
EPS in Rs 5.89 6.92 6.26 6.75 3.17 5.42 5.16 3.72 5.56 5.82 5.61 3.34 7.62
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
1,365 1,114 1,277 1,765 2,159 1,850 2,038 3,615 6,399 6,134 6,566 6,889
1,214 963 1,105 1,654 1,945 1,634 1,577 2,968 5,559 5,266 5,803 6,047
Operating Profit 151 151 172 111 214 216 462 647 840 868 764 842
OPM % 11% 14% 13% 6% 10% 12% 23% 18% 13% 14% 12% 12%
1 2 5 4 3 15 3 11 44 -39 57 45
Interest 30 24 11 11 16 17 25 28 95 120 144 125
Depreciation 50 44 46 50 54 58 76 88 169 232 244 267
Profit before tax 72 85 121 54 147 156 363 543 619 477 432 494
Tax % 31% 32% 27% 30% 33% 28% 17% 25% 29% 33% 27% -2%
49 58 88 38 98 112 302 406 440 322 317 505
EPS in Rs 3.59 4.20 6.40 2.77 7.13 8.15 21.84 29.28 31.64 23.08 19.27 30.60
Dividend Payout % 35% 30% 27% 45% 28% 25% 23% 19% 17% 24% 29% 10%
Compounded Sales Growth
10 Years: 20%
5 Years: 28%
3 Years: 2%
TTM: 5%
Compounded Profit Growth
10 Years: 25%
5 Years: 12%
3 Years: 6%
TTM: 63%
Stock Price CAGR
10 Years: 21%
5 Years: 10%
3 Years: -1%
1 Year: -20%
Return on Equity
10 Years: 16%
5 Years: 15%
3 Years: 12%
Last Year: 14%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 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 3,384 3,782
133 108 111 72 127 311 292 1,193 969 1,224 1,278 1,036
340 256 292 534 605 586 641 1,069 1,498 1,429 1,609 1,689
Total Liabilities 928 857 986 1,199 1,390 1,619 1,933 3,598 5,472 5,892 6,354 6,589
542 550 574 561 608 854 1,012 1,160 2,990 3,103 3,409 3,630
CWIP 31 8 19 73 62 144 162 219 205 487 292 312
Investments 0 0 0 0 0 0 1 489 58 10 10 1
355 298 392 565 720 621 758 1,729 2,219 2,291 2,643 2,645
Total Assets 928 857 986 1,199 1,390 1,619 1,933 3,598 5,472 5,892 6,354 6,589

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
161 116 75 129 158 204 296 168 804 567 660 942
-57 -32 -70 -57 -161 -316 -223 -910 -217 -635 -480 -444
-106 -89 2 -79 2 118 -70 756 -605 48 -173 -453
Net Cash Flow -1 -5 7 -7 -1 6 3 14 -18 -20 8 45
Free Cash Flow 102 83 1 70 -4 -113 82 -256 388 52 237 494
CFO/OP 116% 89% 57% 129% 93% 108% 83% 44% 115% 82% 99% 113%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 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 92 102 111
Cash Conversion Cycle 8 19 39 16 13 13 35 3 52 72 66 48
Working Capital Days -16 -3 13 4 11 -7 -1 -37 10 9 5 7
ROCE % 17% 18% 20% 10% 23% 19% 33% 30% 22% 15% 13% 13%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Casting Sales Volume
MT

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Pig Iron Sales Volume
MT
Pig Iron Installed Capacity
MTPA
Casting Installed Capacity
MTPA
Machined Casting % of Sales
%
Seamless Tube Capacity
MTPA
Seamless Tubes Sales Volume
MT

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

6 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
56.61% 56.53% 56.50% 56.48% 56.44% 50.93% 50.91% 50.90% 50.90% 50.86% 50.82% 50.80%
1.70% 1.65% 1.71% 1.86% 1.98% 1.86% 1.94% 1.93% 1.91% 1.90% 1.76% 1.78%
10.72% 11.33% 11.99% 12.49% 12.49% 10.50% 10.47% 10.68% 10.70% 11.31% 11.95% 12.57%
30.98% 30.49% 29.81% 29.18% 29.10% 36.71% 36.69% 36.50% 36.49% 35.93% 35.48% 34.84%
No. of Shareholders 79,18383,67168,33165,04763,6701,59,5241,09,7191,07,0291,05,1001,02,89098,82890,482

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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