Kennametal India Ltd
- Market Cap ₹ 5,298 Cr.
- Current Price ₹ 2,411
- High / Low ₹ 2,745 / 1,932
- Stock P/E 47.5
- Book Value ₹ 365
- Dividend Yield 1.66 %
- ROCE 17.6 %
- ROE 12.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 65.1%
Cons
- Company has a low return on equity of 13.1% over last 3 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
Industrials Capital Goods Industrial Manufacturing Industrial Products
Part of BSE Allcap BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2014 | Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 545 | 570 | 570 | 652 | 793 | 927 | 641 | 811 | 991 | 1,077 | 1,100 | 1,170 | 1,243 | |
| 494 | 510 | 524 | 594 | 692 | 791 | 580 | 691 | 812 | 926 | 929 | 998 | 1,056 | |
| Operating Profit | 51 | 60 | 46 | 58 | 101 | 136 | 61 | 120 | 179 | 152 | 171 | 172 | 187 |
| OPM % | 9% | 11% | 8% | 9% | 13% | 15% | 10% | 15% | 18% | 14% | 16% | 15% | 15% |
| -5 | 12 | 9 | 0 | 0 | 14 | 15 | 8 | 9 | 5 | 24 | 14 | 13 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 0 |
| Depreciation | 27 | 26 | 24 | 28 | 28 | 28 | 34 | 38 | 36 | 39 | 44 | 46 | 47 |
| Profit before tax | 20 | 46 | 31 | 30 | 73 | 122 | 40 | 89 | 153 | 118 | 151 | 140 | 153 |
| Tax % | 13% | 28% | 32% | 20% | 28% | 29% | 20% | 26% | 25% | 25% | 27% | 27% | |
| 17 | 34 | 21 | 24 | 52 | 86 | 32 | 67 | 114 | 88 | 110 | 103 | 112 | |
| EPS in Rs | 7.77 | 15.25 | 9.44 | 11.09 | 23.80 | 39.27 | 14.79 | 30.30 | 51.92 | 39.90 | 50.28 | 46.82 | 50.73 |
| Dividend Payout % | 0% | 13% | 21% | 18% | 8% | 5% | 0% | 66% | 46% | 50% | 60% | 86% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 13% |
| 3 Years: | 6% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 22% |
| 3 Years: | -5% |
| TTM: | 5% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 21% |
| 3 Years: | 5% |
| 1 Year: | 13% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 14% |
| 3 Years: | 13% |
| Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2014 | Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
| Reserves | 311 | 340 | 355 | 372 | 417 | 497 | 528 | 551 | 624 | 666 | 712 | 725 | 780 |
| 0 | 0 | 0 | 0 | 0 | 10 | 13 | 0 | 0 | 3 | 3 | 2 | 2 | |
| 96 | 117 | 130 | 144 | 199 | 226 | 125 | 191 | 184 | 160 | 191 | 217 | 226 | |
| Total Liabilities | 430 | 478 | 507 | 537 | 638 | 755 | 688 | 765 | 830 | 851 | 927 | 967 | 1,030 |
| 114 | 101 | 107 | 146 | 154 | 184 | 247 | 225 | 215 | 275 | 294 | 273 | 274 | |
| CWIP | 5 | 6 | 16 | 3 | 21 | 67 | 32 | 52 | 77 | 34 | 8 | 8 | 6 |
| Investments | 0 | 0 | 0 | 51 | 0 | 0 | 2 | 2 | 0 | 0 | 0 | 0 | 0 |
| 310 | 371 | 383 | 338 | 462 | 504 | 408 | 486 | 538 | 542 | 626 | 685 | 750 | |
| Total Assets | 430 | 478 | 507 | 537 | 638 | 755 | 688 | 765 | 830 | 851 | 927 | 967 | 1,030 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2014 | Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 11 | 61 | 17 | 77 | 63 | 84 | 28 | 155 | 49 | 116 | 114 | 145 | |
| -8 | -17 | -42 | -45 | -55 | -139 | -32 | -24 | -48 | -45 | -23 | -4 | |
| -0 | -5 | -5 | -5 | -5 | 4 | 2 | -57 | -53 | -45 | -67 | -89 | |
| Net Cash Flow | 3 | 38 | -30 | 27 | 2 | -51 | -2 | 73 | -51 | 26 | 24 | 52 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2014 | Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 72 | 71 | 76 | 62 | 66 | 57 | 46 | 51 | 50 | 48 | 59 | 59 |
| Inventory Days | 120 | 115 | 137 | 114 | 136 | 150 | 208 | 173 | 195 | 149 | 168 | 172 |
| Days Payable | 57 | 75 | 86 | 89 | 92 | 93 | 60 | 86 | 75 | 46 | 68 | 65 |
| Cash Conversion Cycle | 135 | 111 | 127 | 87 | 109 | 114 | 194 | 138 | 170 | 151 | 160 | 166 |
| Working Capital Days | 86 | 79 | 90 | 57 | 57 | 68 | 96 | 62 | 88 | 82 | 101 | 88 |
| ROCE % | 9% | 11% | 8% | 9% | 20% | 25% | 8% | 16% | 25% | 17% | 19% | 18% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
6 Feb - Copy of newspaper advertisement of the un-audited financial results of Kennametal India Limited for the second quarter and half year ended December 31, 2025.
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Announcement Under Regulation 30 (LODR) - Appointment Internal Auditors
5 Feb - Approved unaudited Q2/H1 results to Dec 31, 2025; postal ballot for material RPTs with Kennametal Inc. and Kennametal Europe GmbH.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
5 Feb - Q2 FY26 revenues ₹3340 Mn (+16.4%); PBT ₹353 Mn, includes ₹34 Mn one-time labour-code cost.
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Second Quarter And Half Year Ended December 31, 2025
5 Feb - Approved Q2/H1 FY2025-26 results; no auditor qualifications; postal ballot for material RPTs; KPMG internal auditors from July 1, 2026.
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Board Meeting Outcome for Outcome Of The Board Meeting Dated February 5, 2026
5 Feb - Q2 FY26 revenue ₹3,340m, PBT ₹353m; postal ballot for material RPTs; KPMG appointed internal auditors.
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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Mar 2024TranscriptPPT
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Jun 2023TranscriptPPT
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May 2023TranscriptPPT
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Mar 2023TranscriptPPT
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Sep 2022TranscriptPPT
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Jun 2022TranscriptPPT
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May 2022TranscriptPPT
Business segments & Revenue Split FY23