Kalyani Steels Ltd

₹ 969 0.06%

11 Sep - close price

About

Kalyani Steels Ltd, a Kalyani Group
specialty-steel company, manufactures
forging and engineering-quality carbon
/alloy-steel long products through the
blast-furnace route. Its integrated Ginigera, Karnataka plant supplies critical grades
for automotive, bearings, energy, oil
& gas, engineering, seamless tube,
defence and railway applications,
with group forging companies as
key customers.^[1]

Key Points

Product Profile:^[1]
KSL has 1 reportable segment viz. forge and engineering-quality carbon and alloy steels.
Its products include as-cast rounds, billets
and blooms and rolled round/RCS bars,
including heat-treated and peeled products
used in forged components, seamless pipes,
bearings, turbines and aluminium-smelter
collector bars.^[2]

Website BSE NSE

Market Cap ₹ 4,229 Cr.
Current Price ₹ 969
High / Low ₹ 993 / 574
Stock P/E 15.6
Book Value ₹ 482
Dividend Yield 1.03 %
ROCE 14.8 %
ROE 13.2 %
Face Value ₹ 5.00

Add ratio to table

Edit ratios

Pros

Company has been maintaining a healthy dividend payout of 17.2%

Cons

Company might be capitalizing the interest cost

* 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 Products Iron & Steel Products

Part of BSE Industrials BSE 1000

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	390	461	407	449	461	492	484	544	443	456	462	484	465
	294	375	346	352	382	396	401	430	357	371	371	385	373
Operating Profit	96	86	61	97	79	96	83	114	85	85	92	99	91
OPM %	25%	19%	15%	22%	17%	20%	17%	21%	19%	19%	20%	20%	20%
	12	13	12	15	13	15	13	14	15	15	8	14	16
Interest	3	4	4	3	4	5	6	4	3	2	2	1	2
Depreciation	11	11	12	12	16	16	16	16	15	15	14	14	14
Profit before tax	93	83	58	96	72	90	76	108	83	84	83	98	92
Tax %	25%	26%	26%	24%	28%	25%	25%	26%	26%	25%	26%	26%	26%
	70	62	43	73	52	67	56	80	62	63	62	72	68
EPS in Rs	16.02	14.15	9.80	15.95	11.96	15.44	12.93	18.37	14.13	14.33	14.19	16.42	15.63
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2008	Mar 2009	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2024	Mar 2025	Mar 2026	TTM
	950	989	1,180	1,257	1,345	1,407	1,199	1,188	1,706	1,959	1,982	1,846	1,867
	868	978	1,004	970	1,141	1,194	1,005	925	1,368	1,588	1,609	1,484	1,500
Operating Profit	83	11	177	287	204	212	194	263	338	371	373	361	367
OPM %	9%	1.1%	15%	23%	15%	15%	16%	22%	20%	19%	19%	20%	20%
	57	51	61	14	17	25	23	43	52	49	55	52	53
Interest	19	28	12	10	9	7	10	7	13	26	19	9	8
Depreciation	19	32	52	52	37	38	43	44	46	61	63	57	56
Profit before tax	102	2	174	239	175	192	165	255	331	333	346	348	357
Tax %	25%	-112%	35%	35%	34%	32%	19%	25%	25%	25%	26%	26%
	88	4	113	156	115	131	134	190	248	249	256	258	264
EPS in Rs	20.04	0.82	25.99	35.79	26.48	30.17	31.29	43.59	55.93	56.99	58.70	59.07	60.57
Dividend Payout %	20%	0%	0%	0%	19%	17%	16%	17%	18%	18%	17%	17%

Compounded Sales Growth
10 Years:	5%
5 Years:	9%
3 Years:	%
TTM:	-5%

Compounded Profit Growth
10 Years:	9%
5 Years:	7%
3 Years:	%
TTM:	2%

Stock Price CAGR
10 Years:	11%
5 Years:	20%
3 Years:	28%
1 Year:	20%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	14%
Last Year:	13%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2008	Mar 2009	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2024	Mar 2025	Mar 2026
Equity Capital	44	44	22	22	22	22	22	22	22	22	22	22
Reserves	519	516	567	679	763	868	941	1,131	1,346	1,658	1,870	2,083
	226	249	327	245	176	25	5	173	340	596	438	475
	393	307	340	416	320	416	397	324	551	297	403	416
Total Liabilities	1,182	1,115	1,256	1,362	1,280	1,332	1,364	1,650	2,258	2,573	2,732	2,996
	261	256	545	436	437	423	418	382	358	734	678	627
CWIP	26	15	3	7	7	7	5	11	154	381	429	560
Investments	279	382	181	226	272	359	177	144	147	41	3	11
	616	463	527	692	563	543	763	1,113	1,597	1,418	1,622	1,798
Total Assets	1,182	1,115	1,256	1,362	1,280	1,332	1,364	1,650	2,258	2,573	2,732	2,996

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2008	Mar 2009	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2024	Mar 2025	Mar 2026
	-66	98	160	152	191	286	257	62	362	323	382	141
	-40	-66	-255	-38	-77	-116	-183	-226	-474	-304	-135	-105
	105	-28	97	-98	-105	-181	-80	160	123	-10	-252	-42
Net Cash Flow	-1	3	2	16	10	-12	-6	-3	11	9	-5	-6
Free Cash Flow	-146	81	76	139	158	264	223	46	187	-253	357	80
CFO/OP	-57%	1,022%	120%	84%	124%	163%	159%	48%	133%	108%	125%	63%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2008	Mar 2009	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2024	Mar 2025	Mar 2026
Debtor Days	82	50	107	135	102	80	72	77	68	78	79	98
Inventory Days	100	83	90	81	53	71	74	71	82	93	95	102
Days Payable	130	63	120	147	88	153	184	140	172	67	96	96
Cash Conversion Cycle	53	70	77	69	67	-1	-39	7	-22	105	78	104
Working Capital Days	102	71	30	27	24	26	11	-11	-18	4	1	17
ROCE %	18%	4%		27%	19%	20%	18%	23%	23%		16%	15%

Insights

In beta

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Rolled Products Sales Volume
tonnes ・Standalone data

xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx
xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx	xxx,xxx
	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx
		xx	xx	xx	xx	xx	xx	xx	xx
xx	xx	xx	xx	xx
							x,xxx	xx,xxx	xx,xxx
								x,xxx	xx,xxx

Please log in to see hidden values.

Total Sales Volume (Rolled Products + Blooms + Pig Iron + Coke)
tonnes ・Standalone data

Group Company Sales as % of Net Sales
% ・Standalone data

Automotive Segment as % of Revenue
% ・Standalone data

Rolling Mill Capacity Utilization
% ・Standalone data

PBILDT per Tonne
INR/tonne ・Standalone data

Coke Oven Sales Volume (Foundry Coke & BF Coke)
tonnes ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	64.70%	64.70%	64.70%	64.70%	64.70%	64.70%	64.70%	64.70%	64.70%	64.70%	64.70%	64.70%
	2.73%	2.71%	2.54%	2.45%	2.11%	2.66%	2.18%	1.76%	1.86%	1.78%	1.82%	1.77%
	8.75%	9.37%	12.18%	12.03%	12.13%	10.83%	10.49%	10.54%	10.74%	11.10%	11.14%	11.48%
	23.81%	23.21%	20.59%	20.82%	21.06%	21.80%	22.63%	22.98%	22.70%	22.42%	22.33%	22.06%
No. of Shareholders	42,757	42,135	45,777	46,153	47,179	44,048	44,429	47,214	47,085	45,854	44,840	43,550

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	Jun 2026
	60.60%	64.71%	64.71%	64.71%	64.71%	64.71%	64.70%	64.70%	64.70%	64.70%	64.70%
	2.12%	2.52%	1.83%	2.18%	2.39%	0.00%	2.89%	2.54%	2.18%	1.82%	1.77%
	3.18%	2.41%	2.60%	3.57%	7.23%	9.13%	9.04%	12.18%	10.49%	11.14%	11.48%
	34.10%	30.36%	30.86%	29.54%	25.67%	26.15%	23.39%	20.59%	22.63%	22.33%	22.06%
No. of Shareholders	43,017	51,082	49,965	46,393	42,583	44,496	42,390	45,777	44,429	44,840	43,550

* 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.

Kalyani Steels Ltd

Kalyani Steels Ltd

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Insights

Shareholding Pattern

Documents

Announcements

Annual reports

Credit ratings