Produces pig iron, grey iron castings, seamless steel tubes, and steel from an integrated asset base that includes captive iron ore mining, blast furnaces, foundries, tube plants and a renewable energy build-out. FY26 revenue was ₹6,888.57 crore, up about 5% year-on-year, with three reported segments — Casting Segment (₹1,121.42 crore revenue, ₹148.77 crore EBIT), Tube Segment (₹631.03 crore revenue, ₹37.27 crore EBIT) and Steel Segment (₹421.01 crore revenue, ₹11.83 crore EBIT). Pig iron is sold externally as well as consumed internally and, per the FY26 BRSR, contributed 28.13% of revenue, with seamless tubes at 30.92% and grey iron castings at 27.24%. Castings supply tractor, automotive, commercial vehicle and earthmoving OEMs; seamless tubes supply oil & gas and general engineering customers including a heavy-tube order from ONGC. Pig iron is sold to foundries and steelmakers domestically and at international reference prices of $475/MT. FY26 casting production rose 16% to 1,66,000 MT and seamless tube output rose 12% to about 1,88,700 MT; the Baramati tube plant is being expanded from 2,30,000 MT to a 4 lakh ton target. The largest cost line is raw materials at ₹3,864.17 crore or 56.1% of revenue. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Casting Segment, Tube Segment, Steel Segment, Pig iron (28%), Seamless steel tubes (31%). Cyclical, asset-heavy, vertically integrated ferrous metals producer
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 3,748 | 6,417 | 6,146 | 6,564 | 6,889 |
| EBITDA (ex other income) | 643 | 836 | 793 | 756 | 827 |
| margin % | 17.2 | 13.0 | 12.9 | 11.5 | 12.0 |
| Owners' profit | 0 | 395 | 238 | 294 | 358 |
| EPS, as reported (₹) | 25.06 | 28.46 | 17.11 | 17.87 | 21.71 |
| ROE % · ROCE % | 11.4 · 17.1 | 14.5 · 19.8 | 9.2 · 14.3 | 8.6 · 13.5 | 9.6 · 14.6 |
| Debt / equity (x) | 0.43 | 0.32 | 0.38 | 0.37 | 0.28 |
| Cash from operations | 365 | 794 | 563 | 655 | 942 |
| Capex | (431) | (481) | (534) | (485) | (448) |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,554 | 1,666 | 1,608 | 1,737 | 1,698 | 1,755 | 1,618 | 1,817 |
| Profit before tax | 99 | 108 | 79 | 124 | 130 | 120 | 77 | 170 |
| Net profit | 70 | 78 | 54 | 92 | 95 | 86 | 53 | 123 |
| EPS (₹) | 4.24 | 4.72 | 3.30 | 5.61 | 5.78 | 5.24 | 3.23 | 7.47 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Casting Segment | 4,279 | 51.3 |
| Tube Segment | 2,318 | 27.8 |
| Steel Segment | 1,697 | 20.4 |
| Unallocated Total | 41 | 0.5 |
| Total, before eliminations | 8,334 | 100.0 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 21.4 | 13.9 | 18 of 24 | 26% |
| P/B | 2.1 | 2.1 | 11 of 21 | 50% |
| ROCE | 11.7 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 11 Sept 2026 · Trading Window closed from 12 Sep to 23 Sep 2026 | compliance | minimal | — | — |
| 19 Aug 2026 · Notice for special window to demat physical shares | compliance | minimal | — | — |
| 7 Aug 2026 · Solar capacity at Jalna raised to 105 MW DC after 35 MW addition | capex operations | medium | — | — |
| 6 Aug 2026 · Independent Director reappointment and new appointment approved at AGM | management changes | medium | — | — |
| 6 Aug 2026 · Audio recording of Q1 FY27 conference call uploaded on website | investor communications | low | — | — |
| 6 Aug 2026 · Scrutinizer's Report: All 7 resolutions passed at 35th AGM | compliance | minimal | — | — |
| 5 Aug 2026 · KFIL Q1 FY27 investor call: revenue up 4%, EBITDA margin at 12.2% | investor communications | medium | — | — |
| 5 Aug 2026 · KFIL Q1 FY27: Revenue up 4% YoY at INR 1,771 Cr; PAT falls 65% | compliance | low | — | — |
| 5 Aug 2026 · Routine statutory auditor rotation completed | management changes | medium | — | — |
| 5 Aug 2026 · 35th AGM: 7 resolutions passed including dividend and Rs 1,000 Cr borrowing | board shareholder meetings | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| 8.1 |
| 9 of 23 |
| 64% |
| ROE | 9.6 | 7.5 | 9 of 22 | 62% |
| Debt / Equity | 0.3 | 0.3 | 11 of 22 | 52% |
| EBITDA margin | 14.8 | 14.0 | 11 of 22 | 52% |
| Revenue growth | 4.6 | 10.1 | 14 of 22 | 38% |
| Profit growth | 33.3 | 34.8 | 12 of 22 | 48% |
| Market cap | 7668 | 2635 | 10 of 24 | 61% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
