Kirloskar Ferrous Industries Ltd

Kirl. Ferrous Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Kirloskar Ferrous Industries Ltd

₹ 607 1.90%
26 Apr - close price
kirloskarferrous.com BSE: 500245
About

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]

Key Points

Products and Application
The Co.’s offerings are divided into two distinct categories: Pig Iron and Castings.
Pig Iron: This business unit supplies foundries across the country and contributes to Auto, Engines & Compressors, Textile, Pumps, and other manufacturing Industries.
Castings: This business unit produces Grey Iron Castings such as Cylinder Blocks, Cylinder heads & different types of housings required by automotive, construction equipment, agricultural equipment & diesel engine industries. [1]
ISMT is among the largest seamless tubes manufacturers in India, with a diversified product profile producing seamless tubes in the range of 6 to 273 mm diameter. ISMT has customers in automobile, bearing, power, oil and gas, boiler, general engineering, and hydraulic industries etc.[2]

Website BSE
  • Market Cap ₹ 8,457 Cr.
  • Current Price ₹ 607
  • High / Low ₹ 650 / 400
  • Stock P/E 34.6
  • Book Value ₹ 121
  • Dividend Yield 0.91 %
  • ROCE 22.1 %
  • ROE 23.7 %
  • Face Value ₹ 5.00
Edit ratios

Pros

  • Company has delivered good profit growth of 55.1% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 30.1%
  • Company has been maintaining a healthy dividend payout of 21.2%

Cons

* 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

Sector: Steel Industry: Steel - Pig Iron

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
590 749 823 958 933 901 950 1,133 1,075 991 926 880 968
445 553 611 772 796 789 812 995 891 833 799 747 841
Operating Profit 145 196 212 186 137 112 138 138 184 158 127 133 127
OPM % 25% 26% 26% 19% 15% 12% 15% 12% 17% 16% 14% 15% 13%
1 1 1 1 0 9 15 21 3 3 1 2 5
Interest 6 6 5 5 5 12 19 20 22 23 26 27 27
Depreciation 19 20 21 21 22 23 24 25 26 28 31 32 34
Profit before tax 120 171 186 161 110 86 109 114 139 110 71 76 70
Tax % 1% 21% 25% 25% 26% 24% 23% 28% 26% 26% 25% 25% 26%
118 135 140 120 81 65 84 82 103 82 54 57 52
EPS in Rs 8.57 9.78 10.08 8.66 5.88 4.70 6.04 5.91 7.42 5.89 3.87 4.09 3.72
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
1,090 1,198 1,232 1,365 1,114 1,277 1,765 2,159 1,850 2,038 3,615 4,149 3,765
996 1,089 1,121 1,214 963 1,105 1,654 1,945 1,634 1,577 2,968 3,531 3,221
Operating Profit 93 109 112 151 151 172 111 214 216 462 647 618 545
OPM % 9% 9% 9% 11% 14% 13% 6% 10% 12% 23% 18% 15% 14%
2 2 3 1 2 5 4 3 15 3 11 42 12
Interest 10 15 23 30 24 11 11 16 17 25 28 85 103
Depreciation 29 33 34 50 44 46 50 54 58 76 88 104 126
Profit before tax 56 62 58 72 85 121 54 147 156 363 543 472 327
Tax % 33% 37% 31% 31% 32% 27% 30% 33% 28% 17% 25% 26%
37 39 40 49 58 88 38 98 112 302 406 351 244
EPS in Rs 2.70 2.85 2.90 3.59 4.20 6.40 2.77 7.13 8.15 21.84 29.28 25.24 17.57
Dividend Payout % 37% 44% 43% 35% 30% 27% 45% 28% 25% 23% 19% 22%
Compounded Sales Growth
10 Years: 13%
5 Years: 19%
3 Years: 31%
TTM: -7%
Compounded Profit Growth
10 Years: 24%
5 Years: 55%
3 Years: 46%
TTM: -27%
Stock Price CAGR
10 Years: 37%
5 Years: 46%
3 Years: 47%
1 Year: 43%
Return on Equity
10 Years: 21%
5 Years: 26%
3 Years: 30%
Last Year: 24%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 69 69 69 69 69 69 69 69 69 69 69 69 70
Reserves 312 338 358 386 423 514 524 589 653 930 1,267 1,549 1,621
55 170 190 133 108 111 72 127 311 292 1,193 887 1,180
319 311 376 340 256 292 534 605 586 641 1,069 1,102 1,037
Total Liabilities 754 888 992 928 857 986 1,199 1,390 1,619 1,933 3,598 3,607 3,908
364 368 546 542 550 574 561 608 854 1,012 1,160 1,604 1,704
CWIP 21 120 23 31 8 19 73 62 144 162 219 186 157
Investments -0 -0 -0 -0 -0 0 0 0 0 1 489 486 495
369 400 422 355 298 392 565 720 621 758 1,729 1,331 1,553
Total Assets 754 888 992 928 857 986 1,199 1,390 1,619 1,933 3,598 3,607 3,908

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
19 74 107 161 116 75 129 158 204 296 168 903
-53 -158 -85 -57 -32 -70 -57 -161 -316 -223 -910 -434
29 84 -25 -106 -89 2 -79 2 118 -70 756 -465
Net Cash Flow -5 1 -3 -1 -5 7 -7 -1 6 3 14 4

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 54 47 56 47 46 60 60 64 58 65 54 47
Inventory Days 67 75 74 52 57 61 69 67 76 99 92 83
Days Payable 115 97 113 91 84 82 114 118 121 128 143 118
Cash Conversion Cycle 5 25 18 8 19 39 16 13 13 35 3 13
Working Capital Days 20 24 16 4 29 45 19 23 10 14 38 21
ROCE % 17% 15% 13% 17% 18% 20% 10% 23% 19% 33% 30% 22%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
59.10% 59.08% 59.05% 58.96% 58.95% 56.68% 56.66% 56.63% 56.61% 56.53% 56.50% 56.48%
0.30% 0.46% 0.61% 0.68% 0.78% 1.34% 1.17% 1.61% 1.70% 1.65% 1.71% 1.86%
13.28% 12.22% 12.13% 8.80% 8.78% 9.95% 10.61% 10.55% 10.72% 11.33% 11.99% 12.49%
27.32% 28.24% 28.20% 31.56% 31.49% 32.04% 31.55% 31.22% 30.98% 30.49% 29.81% 29.18%
No. of Shareholders 64,32685,82685,33294,12387,66379,72075,02576,17679,18383,67168,33165,047

* 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

Right Issue

Credit ratings

Concalls