Indian Metals & Ferro Alloys Ltd

Indian Metals Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Indian Metals & Ferro Alloys Ltd

₹ 1,424 1.84%
15 Jun 9:21 a.m.
imfa.in BSE: 533047 NSE: IMFA
About

Indian Metals and Ferro Alloys Limited (IMFA) is a leading, fully integrated producer of Ferro Chrome in India which is primarily used in the production of stainless steel. It was set up in 1961. [1]

Key Points

Business Segment
Co. has emerged as India’s largest fully integrated ferro chrome manufacturer[1] and leading producer of ferro chrome in India accounting for 20% of output and 25% of exports.[2] Exports are primarily to China, Japan and Taiwan.[3]

Website BSE NSE
  • Market Cap ₹ 7,686 Cr.
  • Current Price ₹ 1,424
  • High / Low ₹ 1,680 / 681
  • Stock P/E 18.1
  • Book Value ₹ 499
  • Dividend Yield 0.88 %
  • ROCE 18.4 %
  • ROE 16.9 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has delivered good profit growth of 21.3% CAGR over last 5 years

Cons

  • The company has delivered a poor sales growth of 8.91% over past five years.

* 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 Ferro & Silica Manganese

Part of BSE Commodities Nifty Microcap 250 Nifty Total Market BSE 1000 Nifty Total Market Momentum Quality 50

Edit Columns
Loading peers table ...

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
637 702 693 685 701 662 692 643 567 642 719 703 763
498 529 542 526 575 500 521 515 497 516 580 538 604
Operating Profit 139 173 150 159 125 162 171 128 71 125 138 164 159
OPM % 22% 25% 22% 23% 18% 24% 25% 20% 12% 20% 19% 23% 21%
-2 10 13 9 11 17 20 18 17 21 17 21 7
Interest 10 9 14 9 6 5 6 9 11 8 9 10 12
Depreciation 29 25 26 15 13 14 13 14 14 15 15 15 18
Profit before tax 99 149 124 144 118 160 171 123 63 124 132 160 136
Tax % 36% 26% 27% 25% 53% 27% 26% 24% 26% 26% 25% 19% 24%
64 110 90 108 56 118 126 93 47 91 99 131 103
EPS in Rs 11.80 20.39 16.67 19.99 10.36 21.78 23.30 17.26 8.72 16.96 18.31 24.22 19.17
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
1,345 1,211 1,672 1,766 1,634 1,612 1,844 2,603 2,676 2,780 2,565 2,826
1,104 1,088 1,157 1,332 1,353 1,523 1,506 1,799 2,188 2,173 2,034 2,239
Operating Profit 241 123 515 433 281 89 338 804 489 608 531 587
OPM % 18% 10% 31% 25% 17% 6% 18% 31% 18% 22% 21% 21%
23 -1 49 28 -56 20 51 25 10 42 67 67
Interest 109 84 86 78 96 99 57 62 68 37 31 38
Depreciation 122 114 109 101 98 104 104 110 107 78 55 63
Profit before tax 33 -75 370 282 30 -94 227 657 323 534 512 553
Tax % 64% -41% 32% 34% 63% -27% 27% 23% 30% 32% 26% 23%
12 -45 250 187 11 -69 167 508 226 364 378 424
EPS in Rs 2.30 -8.60 46.26 34.56 2.04 -12.69 30.88 94.13 41.84 67.41 70.08 78.65
Dividend Payout % 33% -9% 22% 22% 122% 0% 16% 13% 24% 11% 29% 10%
Compounded Sales Growth
10 Years: 9%
5 Years: 9%
3 Years: 2%
TTM: 10%
Compounded Profit Growth
10 Years: 32%
5 Years: 21%
3 Years: 22%
TTM: 12%
Stock Price CAGR
10 Years: 35%
5 Years: 40%
3 Years: 70%
1 Year: 96%
Return on Equity
10 Years: 16%
5 Years: 19%
3 Years: 17%
Last Year: 17%

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 26 26 27 27 27 27 27 54 54 54 54 54
Reserves 837 783 1,016 1,169 1,130 1,042 1,200 1,647 1,805 2,025 2,268 2,638
1,069 1,014 941 853 796 743 708 518 368 263 414 982
504 469 500 583 685 586 590 585 410 563 432 633
Total Liabilities 2,437 2,292 2,484 2,632 2,638 2,398 2,525 2,805 2,636 2,905 3,168 4,306
1,108 1,067 1,017 1,001 978 1,020 962 922 969 997 1,050 1,574
CWIP 45 60 56 90 118 74 55 70 70 78 75 792
Investments 168 202 327 314 181 141 228 262 377 364 899 374
1,116 963 1,084 1,227 1,361 1,162 1,280 1,551 1,221 1,466 1,144 1,566
Total Assets 2,437 2,292 2,484 2,632 2,638 2,398 2,525 2,805 2,636 2,905 3,168 4,306

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
184 230 423 290 228 225 207 389 518 332 586 319
-9 -125 -248 -86 -26 -51 -103 -105 -222 -75 -560 -753
-157 -137 -174 -193 -205 -184 -101 -283 -296 -212 -71 459
Net Cash Flow 17 -32 2 11 -2 -11 2 0 1 44 -44 25
Free Cash Flow 108 145 382 173 125 131 182 302 376 219 472 -1,016
CFO/OP 78% 197% 88% 85% 97% 249% 69% 75% 120% 82% 135% 77%

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 14 4 15 13 11 7 18 20 12 18 16 31
Inventory Days 208 177 176 192 256 168 174 207 162 224 264 283
Days Payable 86 74 61 88 128 72 74 49 52 89 70 96
Cash Conversion Cycle 137 107 130 117 140 103 118 178 121 153 210 218
Working Capital Days 47 19 58 66 52 31 50 50 59 71 41 59
ROCE % 8% 1% 24% 17% 10% 0% 15% 34% 18% 25% 21% 18%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Jun 2026 (P)
Captive Power Generation
MU

Log in to view insights

Please log in to see hidden values.

Login
Chrome Ore Raising Volume
MT
Ferro Chrome Production Volume
MT
Ferro Chrome Sales Volume
MT
Installed Ferro Chrome Capacity
MTPA
Number of Furnaces
Units

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
58.69% 58.69% 58.69% 58.69% 58.69% 58.69% 58.69% 58.69% 58.69% 58.69% 58.69% 58.69%
1.67% 2.47% 2.93% 2.88% 2.89% 3.10% 4.04% 3.81% 3.40% 3.69% 3.35% 3.87%
0.08% 0.09% 0.10% 0.10% 1.36% 0.92% 0.82% 0.81% 0.19% 0.21% 0.64% 0.82%
39.55% 38.74% 38.29% 38.34% 37.06% 37.30% 36.45% 36.69% 37.73% 37.41% 37.33% 36.63%
No. of Shareholders 44,43942,94747,70547,63650,85051,52547,71549,68850,15246,65255,72552,983

* 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

Announcements

Annual reports

Credit ratings

Concalls