Kirloskar Ferrous Industries
485.65
-485.65(-100.00%)
Market Cap₹8,000.50 Cr
PE Ratio24.39
Company Performance:
1D-100.00%
1M-5.74%
6M-6.79%
1Y-22.31%
5Y+413.37%
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More news about Kirloskar Ferrous Industries
22Oct 25
Kirloskar Ferrous Industries Secures ₹358 Crore ONGC Contract for Tubing Supply
Kirloskar Ferrous Industries Limited (KFIL) has won a significant contract from Oil and Natural Gas Corporation Limited (ONGC) valued at approximately ₹358 crore. The contract involves supplying regular EUE Tubing, Pup Joints, and Cross overs. The execution period is from 21 October 2025 to 20 October 2026. This domestic contract represents a major opportunity for KFIL to strengthen its position in the oil and gas sector supply chain.
18Oct 25
Kirloskar Ferrous Industries Announces 12-Day Suspension of Baramati Plant Operations
Kirloskar Ferrous Industries Limited has announced a temporary suspension of operations at its Baramati plant in Maharashtra for annual maintenance and repairs. The shutdown is scheduled to begin on 19 October 2025 and last approximately 12 days. The company's Company Secretary, Mayuresh Gharpure, officially communicated this update to BSE Limited in compliance with SEBI regulations.
14Oct 25
Kirloskar Ferrous Industries Halts Hiriyur Plant Operations for Maintenance
Kirloskar Ferrous Industries Limited announced a temporary suspension of operations at its Hiriyur plant in Karnataka for approximately 40 days starting October 14, 2025. The suspension is for routine maintenance and repairs. The company also issued a notice to members regarding re-lodgement of transfer requests for physical equity shares.
26Sept 25
Kirloskar Ferrous Industries Discloses Family Settlement Agreement Following SEBI Clarification
Kirloskar Ferrous Industries Limited has disclosed a 2009 family settlement agreement after receiving clarifications from SEBI and a Bombay High Court order. The disclosure, made under SEBI regulations, includes details of the agreement among Kirloskar family members regarding ownership and management of various group companies. The company emphasized that it is not a party to the agreement and that the disclosure does not imply any binding effect on the company's management or control.
16Sept 25
Kirloskar Ferrous Industries Completes Full Redemption of ₹1,000 Crore Commercial Paper
Kirloskar Ferrous Industries Limited (KFIL) has fully redeemed its Commercial Paper worth ₹1,000 crore on September 16, 2025. The redemption involved 2,000 units with ISIN INE884B14663. The company completed the redemption on the scheduled maturity date, leaving no outstanding amount. KFIL promptly informed BSE Limited about the redemption, demonstrating regulatory compliance and financial stability.
02Sept 25
Kirloskar Ferrous Deregisters Luxembourg Subsidiary, ISMT Enterprises SA
Kirloskar Ferrous Industries Limited has announced the deregistration of its Luxembourg-based subsidiary, ISMT Enterprises SA. The subsidiary's name has been deleted from the Luxembourg Trade Registry, with a Certificate of Deregistration dated September 1, 2025. ISMT Enterprises SA has ceased to be a subsidiary of Kirloskar Ferrous. The company has informed BSE Limited about this development in compliance with SEBI regulations.
06Aug 25
Kirloskar Ferrous Industries Appoints New Director and Secretarial Auditor at Annual General Meeting
Kirloskar Ferrous Industries Limited held its 34th Annual General Meeting on August 4, 2025. Shareholders approved the appointment of Ms. Aditi Atul Kirloskar as a Director and M/s. M. J. Risbud & Co as Secretarial Auditor for five years. Other approved resolutions included adoption of financial statements, dividend confirmation, reappointment of Mr. Rahul Chandrakant Kirloskar as Director, ratification of Cost Auditor remuneration, and authority for the Board to raise funds up to ₹1,000 Crores through Non-convertible Debentures. The AGM, conducted via video conferencing, saw participation from 70 shareholders out of 106,695 total shareholders.
04Aug 25
Kirloskar Ferrous Industries Reports Strong Q1 Performance Amid Merger Plans
Kirloskar Ferrous Industries Limited (KFIL) reported robust Q1 financial results with revenue of ₹1,685.05 crore and net profit of ₹95.77 crore. The company's board approved a merger scheme with its wholly-owned subsidiaries, Oliver Engineering Private Limited and Adicca Energy Solutions Private Limited. The merger aims to consolidate businesses, optimize costs, and leverage synergies. KFIL's segment-wise revenue breakdown shows Casting at ₹1,000.45 crore, Tube at ₹570.77 crore, and Steel at ₹358.07 crore. The company's net worth stood at ₹2,198.53 crore with an improved debt-to-equity ratio of 0.35.
04Aug 25
Kirloskar Ferrous Industries Posts Impressive Q1 Results with 26.7% Profit Surge
Kirloskar Ferrous Industries Limited (KFIL) posted strong Q1 results with net profit rising 26.7% to ₹95.77 crore. Revenue grew 8.5% to ₹1,685.05 crore, while EBITDA increased to ₹213.88 crore with improved margin of 12.69%. The Casting segment remained the largest revenue contributor. The company's debt-equity ratio improved to 0.35, and it raised ₹400 crore through commercial papers for working capital and corporate purposes.
22Jul 25
Kirloskar Ferrous Industries Secures Preferred Bidder Status for Jambunatha Iron Ore Mine in Karnataka
Kirloskar Ferrous Industries Limited (KFIL) has been declared the preferred bidder for the Jambunatha Iron Ore Mine in Karnataka following an electronic auction on January 27, 2025. The company received official confirmation through a letter from the Karnataka Government's Department of Mines and Geology. KFIL must now complete necessary payments, fulfill tender conditions, obtain approvals, and execute agreements to acquire the mining lease. This development could provide KFIL with resource security, cost efficiency, and vertical integration benefits in its iron and steel operations.
22Jul 25
Kirloskar Ferrous Industries Secures Preferred Bidder Status for Jambunatha Iron Ore Mine in Karnataka
Kirloskar Ferrous Industries Limited (KFIL) has been named the preferred bidder for the Jambunatha Iron Ore Mine in Karnataka following an electronic auction on January 27, 2025. The company submitted the highest final price offer in the competitive bidding process conducted by the Karnataka Government's Department of Mines and Geology. KFIL received official confirmation of its status through a letter from the state government. To obtain the mining lease, the company must now complete several steps, including making necessary payments, fulfilling tender conditions, and securing required approvals and permissions.
09May 25
Kirloskar Ferrous Industries Posts Strong Q4 Results and Plans 10 Billion Rupee Fund Raise
Kirloskar Ferrous Industries announced impressive Q4 results with revenue reaching ₹17.40 billion, up 13.73% year-over-year. EBITDA increased to ₹1.99 billion, a 10.56% rise. Net profit more than doubled to ₹956.00 million, marking a 116.29% increase. The company plans to seek shareholder approval for raising up to ₹10 billion in funds.
28Apr 25
Kirloskar Ferrous Industries Launches Commercial Production at Punjab Plant
Kirloskar Ferrous Industries Limited (KFIL) has commenced commercial production of castings at its subsidiary Oliver Engineering Private Limited's plant in Punjab. The facility, located in Village Sandharsi, Tehsil Rajpura, Patiala, has completed validation trials and transitioned to full-scale operations. This expansion marks KFIL's entry into commercial casting production in northern India, potentially strengthening its market position and production capabilities.
Kirloskar Ferrous Industries
485.65
-485.65
(-100.00%)
1 Year Returns:-22.31%
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