Kennametal India Ltd
- Market Cap ₹ 8,306 Cr.
- Current Price ₹ 3,773
- High / Low ₹ 5,136 / 1,932
- Stock P/E 70.9
- Book Value ₹ 294
- Dividend Yield 1.06 %
- 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 12.8 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 Industrials BSE 1000
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: | 19% |
| 5 Years: | 22% |
| 3 Years: | 14% |
| 1 Year: | 86% |
| 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 | 130 | 192 | 184 | |
| Total Liabilities | 766 | 699 | 777 | 830 |
| 184 | 247 | 225 | 215 | |
| CWIP | 67 | 32 | 52 | 77 |
| Investments | 0 | 0 | 0 | 0 |
| 515 | 420 | 500 | 538 | |
| Total Assets | 766 | 699 | 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 |
| Free Cash Flow | -40 | -24 | 140 | -16 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 75% | 71% | 142% | 49% |
Ratios
Consolidated / View Standalone
| Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | |
|---|---|---|---|---|
| Debtor Days | 64 | 47 | 48 | 50 |
| Inventory Days | 153 | 197 | 164 | 195 |
| Days Payable | 94 | 58 | 82 | 75 |
| Cash Conversion Cycle | 123 | 186 | 130 | 170 |
| Working Capital Days | 60 | 89 | 59 | 88 |
| ROCE % | 9% | 17% | 25% |
Insights
In beta| Jun 2016 | Jun 2017 | Jun 2018 | Jun 2019 | Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Hard Metal Products (HMP) Revenue INR million |
|
||||||||||
| Machining Solutions (MSG) Revenue INR million |
|||||||||||
| MSG Share of Total Revenue % |
|||||||||||
| Number of Employees (Total) count |
|||||||||||
| Domestic (India) Revenue INR million |
|||||||||||
| Export Revenue INR million |
|||||||||||
| Domestic Share of Total Revenue % |
|||||||||||
| Number of Dealers / Distributors count |
|||||||||||
| R&D Expenditure (Percentage of Turnover) % ・Standalone data |
|||||||||||
Extracted by Screener AI
Documents
Announcements
-
Board Meeting Intimation for For The First Quarter Ended September 30, 2026.
- Board meeting on November 12, 2026 to consider Q1 FY2027 unaudited financial results.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- A copy of newspaper advertisement published for notice calling the 61st Annual General Meeting of Kennametal India Limited.
-
ESG Rating
- CRISIL assigned Kennametal India an ESG rating of Crisil ESG 55 (Adequate) on public information.
-
Business Responsibility and Sustainability Reporting (BRSR)
- Kennametal India submitted its FY 2025-26 Business Responsibility and Sustainability Report to BSE.
-
Annual General Meeting - November 13, 2026
- 61st AGM on November 13, 2026; FY26 annual report, final dividend of ₹40 per share, e-voting details.
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
-
Annual Report 2022
from bse
-
Annual Report 2021
from bse
-
Annual Report 2021
from bse
-
Annual Report 2020
from bse
-
Annual Report 2020
from bse
-
Annual Report 2019
from bse
-
Annual Report 2019
from bse
-
Annual Report 2018
from bse
Concalls
-
Sep 2026REC
-
Aug 2026PPT
-
Mar 2024Transcript
-
Jun 2023Transcript
-
May 2023Transcript
-
Mar 2023Transcript
-
Sep 2022Transcript
-
Jun 2022Transcript
-
May 2022Transcript
Business segments:
a) Hard metal products:[1]
The machining solutions segment
manufactures and sells customised
capital-intensive machines. The company specialises in providing end to end solution,
i.e., from design to manufacture and after
sales service. Delivers metalworking solutions and services through brands viz., Kennametal and WIDIA.
Applications:
This includes automotive and auto ancillaries, tractors and commercial vehicles, aerospace
and defence, railways, mining and construction equipment, energy, medical and general engineering.