Kirloskar Ferrous Industries Ltd

Kirloskar Ferrous Industries Ltd

₹ 719 4.57%
01 Jul - 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

Products and Application
The Co.’s offerings are divided into two distinct categories: Pig Iron and Castings.
Pig Iron: This business unit supplies foundries across the country and contributes to Auto, Engines & Compressors, Textile, Pumps, and other manufacturing Industries.
Castings: This business unit produces Grey Iron Castings such as Cylinder Blocks, Cylinder heads & different types of housings required by automotive, construction equipment, agricultural equipment & diesel engine industries. [1]
ISMT is among the largest seamless tubes manufacturers in India, with a diversified product profile producing seamless tubes in the range of 6 to 273 mm diameter. ISMT has customers in automobile, bearing, power, oil and gas, boiler, general engineering, and hydraulic industries etc.[2]

  • Market Cap 10,027 Cr.
  • Current Price 719
  • High / Low 739 / 400
  • Stock P/E 36.9
  • Book Value 163
  • Dividend Yield 0.76 %
  • ROCE 15.1 %
  • ROE 12.4 %
  • Face Value 5.00

Pros

  • Company has been maintaining a healthy dividend payout of 19.6%

Cons

* 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.

Peer comparison

Sector: Steel Industry: Steel - Pig Iron

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
1,034 1,494 1,758 1,601 1,566 1,502 1,560 1,548 1,536
926 1,320 1,558 1,359 1,345 1,295 1,307 1,316 1,371
Operating Profit 108 174 200 241 221 207 252 232 165
OPM % 10% 12% 11% 15% 14% 14% 16% 15% 11%
10 13 20 5 12 4 -32 9 -25
Interest 14 20 25 25 26 29 30 30 32
Depreciation 28 41 41 43 48 47 57 63 72
Profit before tax 76 126 154 178 159 136 133 148 36
Tax % 154% 19% 28% 27% 41% 32% 39% 29% 51%
-41 102 111 130 95 93 82 105 18
EPS in Rs 0.45 6.74 8.00 8.40 6.35 5.32 4.90 5.48 1.40
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
3,748 6,417 6,146
3,105 5,582 5,290
Operating Profit 643 836 857
OPM % 17% 13% 14%
12 49 -44
Interest 30 95 120
Depreciation 92 173 239
Profit before tax 533 617 453
Tax % 44% 29% 34%
300 437 298
EPS in Rs 25.02 28.43 17.09
Dividend Payout % 22% 19% 18%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -4%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -31%
Stock Price CAGR
10 Years: 33%
5 Years: 53%
3 Years: 36%
1 Year: 55%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 12%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
Equity Capital 69 69 70
Reserves 1,696 2,025 2,196
1,208 971 1,224
2,341 2,416 2,418
Total Liabilities 5,314 5,482 5,907
2,734 3,067 3,258
CWIP 222 205 458
Investments 4 1 1
2,353 2,208 2,190
Total Assets 5,314 5,482 5,907

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
345 798 563
-190 -399 -521
-85 -423 -62
Net Cash Flow 71 -25 -20

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
Debtor Days 79 47 53
Inventory Days 160 106 111
Days Payable 173 102 93
Cash Conversion Cycle 66 51 72
Working Capital Days 60 43 50
ROCE % 18%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
59.10% 59.08% 59.05% 58.96% 58.95% 56.68% 56.66% 56.63% 56.61% 56.53% 56.50% 56.48%
0.30% 0.46% 0.61% 0.68% 0.78% 1.34% 1.17% 1.61% 1.70% 1.65% 1.71% 1.86%
13.28% 12.22% 12.13% 8.80% 8.78% 9.95% 10.61% 10.55% 10.72% 11.33% 11.99% 12.49%
27.32% 28.24% 28.20% 31.56% 31.49% 32.04% 31.55% 31.22% 30.98% 30.49% 29.81% 29.18%
No. of Shareholders 64,32685,82685,33294,12387,66379,72075,02576,17679,18383,67168,33165,047

* 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.

Click on the line-items to see the names of individual entities.

Documents

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