Change in Directors/KMP
Indian Metals & Ferro Alloys Approves Director Appointment
Indian Metals & Ferro Alloys shareholders passed a special resolution appointing Partha Satpathy as Non-Executive Independent Director for three years.
Get instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.


Bearish
1
Neutral
8
Bullish
5
Bearish
33
Neutral
8
Bullish
5
Bearish
32
Neutral
0
Bullish
0
Bearish
32
Neutral
0
Bullish
0
Bearish
32
Neutral
0
Bullish
0
Bearish
32
Neutral
0
Bullish
0

Change in Directors/KMP
Indian Metals & Ferro Alloys shareholders passed a special resolution appointing Partha Satpathy as Non-Executive Independent Director for three years.
Earnings Call/Transcript
Indian Metals & Ferro Alloys filed the transcript of its 4 November 2026 Q2 and H1 FY27 earnings call, covering capacity expansion, operations and a ₹375 crore capex plan.
Indian Metals & Ferro Alloys Ltd (IMFA) is currently trading at 1,100.00 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Indian Metals & Ferro Alloys Limited is a fully integrated Indian ferrochrome producer with captive chrome ore mines, power-generation capabilities and manufacturing units in Odisha. Its products are sold domestically and exported primarily to Asian stainless-steel markets, while ongoing Kalinganagar expansion is materially increasing production capacity and improving the company’s cost structure. The company expects FY27 ferrochrome production of approximately 380,000 tonnes and FY28 production near 475,000 tonnes, with quarterly output projected to cross 100,000 tonnes in Q3 FY27. This represents a sharp operational step-up following KNR-1 commissioning and the ramp-up of the acquired KNR-2 facility. Indian Metals & Ferro Alloys Limited estimates that Kalinganagar’s improved logistics and operating efficiency could add approximately INR1,500–2,000 of EBITDA per tonne over time. As production shifts toward more efficient sites, the company expects economies of scale to strengthen margins despite near-term pressure from metallurgical coke, logistics and startup costs. Management is broadening the product mix beyond high-carbon ferrochrome through low-phosphorus and planned low-carbon grades. Low-phosphorus output currently earns a stated 15%–20% premium, while approximately 20,000 tonnes of low-carbon ferrochrome is targeted from early 2028, potentially improving realization and reducing dependence on a single product category. India’s relatively low stainless-steel consumption of approximately 3.5 kilograms per capita is central to management’s long-term thesis. The company plans to increase domestic sales meaningfully by 2028, targeting roughly 40% of output domestically, while retaining export flexibility across established Asian customers.
Over the past 52 weeks, Indian Metals & Ferro Alloys Ltd has traded between a low of ₹1,052.55 and a high of ₹1,674.90. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Indian Metals & Ferro Alloys Ltd has a market capitalization of approximately 6,042.86. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Indian Metals & Ferro Alloys Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 10.51 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 6,042.86 Cr, Indian Metals & Ferro Alloys Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Indian Metals & Ferro Alloys Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Indian Metals & Ferro Alloys Ltd is 10.51. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
IMFA expects increased South African ferrochrome output to be followed by lower production primarily in China. Management said the timing may not match precisely, which could create temporary volatility before supply reaches a broader balance.
IMFA said Kalinganagar becoming its largest ferrochrome site could improve EBITDA realisation by Rs 1,500 to Rs 2,000 a tonne. Management linked the potential gain to a larger share of output being made at Kalinganagar and Choudwar.
IMFA expects to cross 100,000 tonnes of ferrochrome output in Q3 FY27, the quarter ending December 2026. Management said this would be the company’s first quarter above that production level. The target relies on ramp-up at both KNR-1 and KNR-2.
IMFA said furnace-1 at the KNR-1 project achieved its first hot-metal tapping on 25 August 2026. The Kalinganagar project was formally inaugurated on 14 October 2026, with production volumes being progressively ramped up.
View Standalone
View Standalone
View Standalone
View Standalone
View Standalone
View Standalone
View Standalone
View Standalone
Ferrous Metals
Ferro & Silica Manganese
6,043 Cr
High Risk
10.5
21.3
1.2
2.2
1,674.90
1,052.55
Sales CAGR
Profit CAGR
ROE
ROCE
