Kirloskar Industries Limited has informed the Exchange regarding 'update of materail subsidiary'.
KIRLOSIND · price
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Awaiting price reaction for this filing.
Kirloskar Industries is forwarding its listed material subsidiary KFIL's Q4 and FY25 earnings conference call transcript (held May 13, 2025) to the exchanges. KFIL reported FY25 pig iron sales of INR2,078 crores (up 15%), castings at INR1,654 crores (up 10%), and tubes at INR2,100 crores (up 2%). Full-year EBITDA declined to INR758 crores from INR868 crores due to lower realizations, though Q4 EBITDA rose to INR199 crores versus INR181 crores. Management outlined FY26 targets of 2 lakh tons of tube volumes, over 1.6 lakh tons of castings, 7 lakh tons of liquid metal, and a 15% company-level EBITDA margin. Capex of INR500–600 crores is planned for FY26, and the Koppal steel furnace has received MOEF clearance, awaiting state consent.
This is primarily a procedural disclosure sharing KFIL's earnings call, so no immediate stock-moving trigger. However, the embedded FY26 volume growth targets (tubes +19%, castings +21%) and capex pipeline signal improving operational momentum, though margin recovery hinges on pig iron prices and tube segment turnaround.