Kennametal India Ltd
- Market Cap ₹ 4,770 Cr.
- Current Price ₹ 2,171
- High / Low ₹ 2,745 / 1,932
- Stock P/E 40.7
- Book Value ₹ 294
- Dividend Yield 1.84 %
- ROCE 24.6 %
- ROE 18.4 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 35.4%
Cons
- Stock is trading at 7.38 times its book value
- Company has a low return on equity of 13.0% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | TTM | |
|---|---|---|---|---|---|
| 945 | 705 | 854 | 991 | 1,021 | |
| 800 | 634 | 723 | 812 | 840 | |
| Operating Profit | 145 | 71 | 131 | 179 | 180 |
| OPM % | 15% | 10% | 15% | 18% | 18% |
| 10 | 7 | 6 | 9 | 9 | |
| Interest | 0 | 2 | 0 | 0 | 0 |
| Depreciation | 28 | 34 | 38 | 36 | 35 |
| Profit before tax | 127 | 42 | 98 | 153 | 154 |
| Tax % | 29% | 19% | 26% | 25% | |
| 90 | 34 | 73 | 114 | 117 | |
| EPS in Rs | 41.13 | 15.42 | 33.35 | 51.92 | 53.28 |
| Dividend Payout % | 5% | 0% | 60% | 46% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 2% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 8% |
| TTM: | 32% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 14% |
| 3 Years: | 1% |
| 1 Year: | -4% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 13% |
| Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | |
|---|---|---|---|---|
| Equity Capital | 22 | 22 | 22 | 22 |
| Reserves | 501 | 534 | 564 | 624 |
| 10 | 13 | 0 | 0 | |
| 233 | 133 | 192 | 184 | |
| Total Liabilities | 766 | 702 | 777 | 830 |
| 184 | 247 | 225 | 215 | |
| CWIP | 67 | 32 | 52 | 77 |
| Investments | 0 | 0 | 0 | 0 |
| 515 | 422 | 500 | 538 | |
| Total Assets | 766 | 702 | 777 | 830 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | |
|---|---|---|---|---|
| 71 | 34 | 166 | 49 | |
| -106 | -54 | -25 | -62 | |
| 4 | 1 | -57 | -53 | |
| Net Cash Flow | -31 | -19 | 84 | -65 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | |
|---|---|---|---|---|
| Debtor Days | 64 | 48 | 48 | 50 |
| Inventory Days | 153 | 197 | 164 | 195 |
| Days Payable | 94 | 58 | 82 | 75 |
| Cash Conversion Cycle | 123 | 187 | 130 | 170 |
| Working Capital Days | 60 | 89 | 59 | 88 |
| ROCE % | 9% | 17% | 25% |
Insights
In beta| Jun 2015 | Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Export Share of Total Revenue % |
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| Hard Metal Products Segment Share of Revenue % |
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| Machining Solutions Group (MSG) Segment Share of Revenue % |
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| Number of Permanent Employees Number ・Standalone data |
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| RD&E Expenditure as % of Turnover % ・Standalone data |
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| Imported Raw Material & FG as % of Total Cost % ・Standalone data |
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| R&D Expenditure (Percentage of Turnover) % ・Standalone data |
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Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Copy of newspaper publication pertaining to the notice to the shareholders on transfer of unclaimed dividends and corresponding shares to IEPF for FY 2018-19.
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Closure of Trading Window
1d - Trading window closed from March 16, 2026 until 48 hours after Q3 (ending Mar 31, 2026) unaudited results.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
7 Mar - Copy of newspaper advertisement regarding Notice of Postal Ballot and remote E-voting information.
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 6 Mar
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Launch Of New Investor Relations Website
4 Mar - Investor relations website changed to https://www.in.investors.kennametal.com/ on March 4, 2026.
Annual reports
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Financial Year 2025
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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
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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