Earnings Call/Transcript
Kirloskar Ferrous Industries Earnings Call Transcript
Kirloskar Ferrous Industries filed the transcript of its Q2 FY27 earnings conference call held on 2 November 2026.
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Ferrous Metals
Pig Iron
6,359 Cr
Low Risk
17.9
21.3
0.5
1.6
514.90
336.20
Sales CAGR
Profit CAGR
ROE
ROCE
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Earnings Call/Transcript
Kirloskar Ferrous Industries filed the transcript of its Q2 FY27 earnings conference call held on 2 November 2026.
Change in Directors/KMP
Kirloskar Ferrous members appointed Ajay Shriram Patil as Director and Joint Managing Director for three years effective 21 September 2026.
Regulatory/Compliance Filing
Kirloskar Ferrous Industries reported that shareholders approved both postal ballot resolutions, appointing Ajay Shriram Patil as Director and Joint Managing Director with remuneration terms.
Kirloskar Ferrous Industries Ltd (KIRLFER) is currently trading at 401.10 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.
Kirloskar Ferrous Industries Limited manufactures pig iron, grey and S.G. iron castings, alloy steel and seamless tubes, supported by an integrated mines-to-machined-castings model. Its facilities span Karnataka and Maharashtra, with operations covering mining, coke, blast furnaces, foundries, machining, steel and tubes. KFIL delivered Q2 FY27 revenue of Rs. 2,057 crore, up 16% year-on-year, while PBT increased to Rs. 138 crore from Rs. 120 crore. Growth was led by castings and pig iron, although tubes remained constrained by delayed oil-and-gas projects, weak exports and subdued market conditions. Casting is becoming the principal growth engine: quarterly net casting sales reached 47,888 tonnes, up approximately 20% year-on-year, while facilities remained fully loaded. Management is targeting about 100,000 tonnes of casting sales in the second half and sees customer development commitments exceeding 300,000 tonnes annually. The company is moving beyond commodity exposure through large castings, machining, premium tubes, alloy steel and renewable power. Solapur’s two-part foundry can produce castings up to two tonnes, while machining revenue is expected to rise from approximately Rs. 50–60 crore annually toward Rs. 100 crore within one to two years. Management is pursuing succession planning and broader vertical expansion, including potential acquisitions, but several initiatives remain execution-dependent. Koppal alloy steel, Jejuri rolling-mill, Baramati expander-mill and Ahmednagar piercing-mill projects face timing or technology-related challenges, while pig iron margins remain sensitive to coking-coal prices and market volatility.
Over the past 52 weeks, Kirloskar Ferrous Industries Ltd has traded between a low of ₹336.20 and a high of ₹514.90. 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.
Kirloskar Ferrous Industries Ltd has a market capitalization of approximately 6,359.10. 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.
Kirloskar Ferrous Industries Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 17.85 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 6,359.10 Cr, Kirloskar Ferrous Industries 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.
Kirloskar Ferrous Industries 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 Kirloskar Ferrous Industries Ltd is 17.85. 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.
KFIL expects the Solapur two-part foundry to be fully ready for operation by January. Management said commissioning required another two to three months during the Q2 FY27 call. It expects meaningful volumes from the line next year rather than FY27.
KFIL said its three mini-blast furnaces could together produce 850,000-900,000 tonnes after the Hiriyur upgrade. Before that stage, management was considering output of about 660,000-670,000 tonnes, with Koppal improvements due by year-end.
KFIL is targeting 250,000 tonnes of annual casting capacity. Management said the plan includes raising Solapur towards 70,000 tonnes a year and completing Rajpura phase 2 and phase 3 to reach 70,000 tonnes a year there.
KFIL said machining value is currently about Rs 50 crore to Rs 60 crore a year. That equates to roughly Rs 5 crore a month, while Rajpura alone is contributing about Rs 1.5 crore monthly.
