Kirloskar Ferrous Industries Ltd
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]
- Market Cap ₹ 7,170 Cr.
- Current Price ₹ 435
- High / Low ₹ 618 / 336
- Stock P/E 20.3
- Book Value ₹ 220
- Dividend Yield 1.27 %
- ROCE 12.6 %
- ROE 9.58 %
- Face Value ₹ 5.00
Pros
- Company has been maintaining a healthy dividend payout of 23.2%
Cons
- Company has a low return on equity of 13.0% 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.
Peer comparison
Commodities Metals & Mining Ferrous Metals Pig Iron
Part of BSE Commodities BSE 1000
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,232 | 1,365 | 1,114 | 1,277 | 1,765 | 2,159 | 1,850 | 2,038 | 3,615 | 6,399 | 6,134 | 6,566 | 6,739 | |
| 1,121 | 1,214 | 963 | 1,105 | 1,654 | 1,945 | 1,634 | 1,577 | 2,968 | 5,559 | 5,266 | 5,803 | 5,930 | |
| Operating Profit | 112 | 151 | 151 | 172 | 111 | 214 | 216 | 462 | 647 | 840 | 868 | 764 | 809 |
| OPM % | 9% | 11% | 14% | 13% | 6% | 10% | 12% | 23% | 18% | 13% | 14% | 12% | 12% |
| 3 | 1 | 2 | 5 | 4 | 3 | 15 | 3 | 11 | 44 | -39 | 57 | 42 | |
| Interest | 23 | 30 | 24 | 11 | 11 | 16 | 17 | 25 | 28 | 95 | 120 | 144 | 131 |
| Depreciation | 34 | 50 | 44 | 46 | 50 | 54 | 58 | 76 | 88 | 169 | 232 | 244 | 254 |
| Profit before tax | 58 | 72 | 85 | 121 | 54 | 147 | 156 | 363 | 543 | 619 | 477 | 432 | 465 |
| Tax % | 31% | 31% | 32% | 27% | 30% | 33% | 28% | 17% | 25% | 29% | 33% | 27% | |
| 40 | 49 | 58 | 88 | 38 | 98 | 112 | 302 | 406 | 440 | 322 | 317 | 341 | |
| EPS in Rs | 2.90 | 3.59 | 4.20 | 6.40 | 2.77 | 7.13 | 8.15 | 21.84 | 29.28 | 31.64 | 23.08 | 19.27 | 20.72 |
| Dividend Payout % | 43% | 35% | 30% | 27% | 45% | 28% | 25% | 23% | 19% | 17% | 24% | 29% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 29% |
| 3 Years: | 22% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 23% |
| 3 Years: | -7% |
| TTM: | 26% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 15% |
| 3 Years: | 0% |
| 1 Year: | -4% |
| Return on Equity | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 17% |
| 3 Years: | 13% |
| Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 69 | 70 | 82 | 82 |
| Reserves | 358 | 386 | 423 | 514 | 524 | 589 | 653 | 930 | 1,267 | 2,935 | 3,170 | 3,384 | 3,537 |
| 190 | 133 | 108 | 111 | 72 | 127 | 311 | 292 | 1,193 | 969 | 1,224 | 1,278 | 1,290 | |
| 376 | 340 | 256 | 292 | 534 | 605 | 586 | 641 | 1,069 | 1,498 | 1,429 | 1,609 | 1,533 | |
| Total Liabilities | 992 | 928 | 857 | 986 | 1,199 | 1,390 | 1,619 | 1,933 | 3,598 | 5,472 | 5,892 | 6,354 | 6,443 |
| 546 | 542 | 550 | 574 | 561 | 608 | 854 | 1,012 | 1,160 | 2,990 | 3,103 | 3,409 | 3,400 | |
| CWIP | 23 | 31 | 8 | 19 | 73 | 62 | 144 | 162 | 219 | 205 | 487 | 292 | 276 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 489 | 58 | 10 | 10 | 10 |
| 422 | 355 | 298 | 392 | 565 | 720 | 621 | 758 | 1,729 | 2,219 | 2,291 | 2,643 | 2,757 | |
| Total Assets | 992 | 928 | 857 | 986 | 1,199 | 1,390 | 1,619 | 1,933 | 3,598 | 5,472 | 5,892 | 6,354 | 6,443 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 107 | 161 | 116 | 75 | 129 | 158 | 204 | 296 | 168 | 804 | 567 | 660 | |
| -85 | -57 | -32 | -70 | -57 | -161 | -316 | -223 | -910 | -217 | -635 | -480 | |
| -25 | -106 | -89 | 2 | -79 | 2 | 118 | -70 | 756 | -605 | 48 | -173 | |
| Net Cash Flow | -3 | -1 | -5 | 7 | -7 | -1 | 6 | 3 | 14 | -18 | -20 | 8 |
| Free Cash Flow | 21 | 102 | 83 | 1 | 70 | -4 | -113 | 82 | -256 | 388 | 52 | 237 |
| CFO/OP | 107% | 116% | 89% | 57% | 129% | 93% | 108% | 83% | 44% | 115% | 82% | 99% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 56 | 47 | 46 | 60 | 60 | 64 | 58 | 65 | 54 | 48 | 53 | 58 |
| Inventory Days | 74 | 52 | 57 | 61 | 69 | 67 | 76 | 99 | 92 | 106 | 111 | 110 |
| Days Payable | 113 | 91 | 84 | 82 | 114 | 118 | 121 | 128 | 143 | 102 | 92 | 102 |
| Cash Conversion Cycle | 18 | 8 | 19 | 39 | 16 | 13 | 13 | 35 | 3 | 52 | 72 | 66 |
| Working Capital Days | -12 | -16 | -3 | 13 | 4 | 11 | -7 | -1 | -37 | 10 | 9 | 5 |
| ROCE % | 13% | 17% | 18% | 20% | 10% | 23% | 19% | 33% | 30% | 22% | 15% | 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 |
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| Pig Iron Installed Capacity MTPA |
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| Casting Installed Capacity MTPA |
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| Machined Casting % of Sales % |
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| Seamless Tube Capacity MTPA |
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| Seamless Tubes Sales Volume MT |
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Extracted by Screener AI
Documents
Announcements
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Board Meeting Intimation for To Consider The Audited Financial Results And Fund Raising Options
2d - Board meets 7 May 2026 to approve FY26 results and consider fund-raising options.
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
30 Apr - Initial disclosure filed; long-term borrowings ₹509.21 crore, company not classified as Large Corporate.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 20 Apr
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Dealing Of Equity Shares Of The Company On 'National Stock Exchange Of India'
20 Apr - Kirloskar Ferrous shares admitted for trading on NSE effective 20 April 2026.
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
17 Apr - NCLT admitted merger petition for OEPL and AESPL into KFIL; hearing fixed on 15 May 2026.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Concalls
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Feb 2026Transcript PPT
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Nov 2025Transcript PPT REC
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Aug 2025Transcript PPT
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May 2025Transcript PPT
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Feb 2023TranscriptAI SummaryPPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Jan 2022Transcript PPT
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Oct 2021Transcript PPT
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Jul 2021Transcript PPT
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May 2021TranscriptPPT
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Aug 2020TranscriptAI SummaryPPT
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]