Kirloskar Ferrous Industries Releases Q3FY26 Presentation Ahead of February 11 Call
Kirloskar Ferrous Industries has released its Q3FY26 presentation ahead of the February 11 investor conference call, reporting revenue of ₹1,589.9 crore with EBITDA margin of 11.5%. While facing challenging market conditions with pig iron and steel realizations at five-year lows, the company maintained stable profitability and completed planned maintenance activities across key facilities.

*this image is generated using AI for illustrative purposes only.
Kirloskar Ferrous Industries Limited has released its presentation materials for the Q3FY26 investor conference call scheduled for February 11, 2026. The company uploaded the comprehensive presentation on its website ahead of the earnings discussion with investors and analysts.
Q3FY26 Financial Performance
The company reported mixed quarterly results with revenue declining sequentially but maintaining stable profitability margins. Key standalone financial metrics for the quarter demonstrate the impact of challenging market conditions on the steel and pig iron sectors.
| Metric: | Q3 FY26 | Q2 FY26 | Q3 FY25 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue: | ₹1,589.9 crore | ₹1,728.0 crore | ₹1,609.3 crore | -8.0% | -1.2% |
| EBITDA: | ₹182.7 crore | ₹213.6 crore | ₹176.6 crore | -14.5% | +3.5% |
| EBITDA Margin: | 11.5% | 12.4% | 11.0% | -90 bps | +50 bps |
| PBT: | ₹99.0 crore | ₹125.9 crore | ₹85.0 crore | -21.4% | +16.5% |
| PAT: | ₹57.5 crore | ₹92.3 crore | ₹61.2 crore | -37.7% | -6.0% |
Business Environment and Operations
The company faced headwinds from deteriorating market conditions during the quarter. Pig iron and steel realizations declined to five-year lows due to oversupply and subdued demand. However, early recovery signals emerged in January 2026, indicating improving market sentiment.
Despite challenging conditions, casting demand remained resilient with strong and stable growth. The company successfully completed planned maintenance shutdowns at Hiriyur, Baramati, and Jejuri facilities, strengthening operational reliability.
Volume and Realization Trends
Sales volumes showed mixed performance across product segments, with total standalone volume reaching 1,20,989 MT in Q3FY26 compared to 1,31,508 MT in the previous quarter.
| Product Segment: | Q3 FY26 Volume | QoQ Change | YoY Change | Q3 FY26 Realization (₹/MT) |
|---|---|---|---|---|
| Pig Iron: | - | -8% | +1% | ₹36,704 |
| Casting: | - | -4% | +12% | ₹1,22,518 |
| Steel: | - | +8% | +49% | ₹71,928 |
| Tubes: | - | -20% | -9% | ₹1,12,122 |
Conference Call Details
The earnings conference call will be hosted by Antique Stock Broking Limited on Wednesday, February 11, 2026 at 3:00 p.m. IST. The discussion will focus on unaudited financial results for the quarter and nine months ended December 31, 2025.
| Conference Details: | Information |
|---|---|
| Date: | February 11, 2026 |
| Time: | 3:00 p.m. IST |
| Management: | R.V. Gumaste (MD), R.S. Srivatsan (ED-Finance & CFO) |
| Host: | Antique Stock Broking Limited |
| Access: | Multiple dial-in options available |
Strategic Initiatives
The company continues implementing margin improvement initiatives including pulverized coal injection with oxygen enrichment, solar plant commissioning, and debottlenecking of tube plants. A large tubes order execution is scheduled for the coming quarter, providing order book visibility. The presentation materials are available on the company's website at www.kirloskarferrous.com as communicated by Company Secretary Mayuresh Gharpure.
Historical Stock Returns for Kirloskar Ferrous Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.94% | -4.73% | -8.29% | -24.64% | -13.93% | +173.07% |


































