Kirloskar Ferrous Industries Ltd Share Price – BSE

Steel, Small Cap

The agency has also affirmed the company?s short-term rating at ?[ICRA] A1+?.

ICRA stated that the ratings favourably factor in the established position of Kirloskar Ferrous Industries (KFIL) in the foundry-grade pig iron and ferrous castings businesses.

Despite commodity headwinds, the company?s financial performance continues to remain comfortable as reflected in the healthy operating profits reported in FY2025 and H1 of FY2026.

The company is a part of the reputed Pune-based Kirloskar Group, which has a proven management track record.

The ratings derive comfort from the backward integration achieved at KFIL?s manufacturing plant through coke oven plant, captive power generation, pulverized coal injection (PCI) plant which leads to substantial cost savings. Besides, the commencement of operations at the Bharath iron ore mine has partially reduced reliance on external iron ore purchases, resulting in cost savings.

The ratings factor in KFIL?s established relationships with large original equipment manufacturers (OEMs). ICRA notes the high customer concentration in the castings segment, though it derives comfort from the fact that KFIL is the single source supplier in most of these cases, which leads to customer retention and repeat orders.

The ratings also derive comfort from the comfortable consolidated financial profile of KFIL, marked by healthy credit metrics.

Despite the large capex plans going forward, ICRA expects KFIL?s comfortable credit metrics to sustain going forward given the healthy cash generation expected which will limit dependence on debt.

The ratings are constrained by the vulnerability of the company?s operating profit margin (OPM) to fluctuating raw material prices, given the commoditised nature of the pig iron business.

The ratings are constrained by the casting division?s exposure to the inherent demand cyclicality in the key end-user segments (both commercial vehicle and tractor segments).

Kirloskar Ferrous Industries (KFIL) is part of Pune-based Kirloskar Group. KFIL manufactures pig iron, and ferrous castings such as cylinder blocks, cylinder heads, axles and transmission parts and different types of housings required in Automobile, Tractor and Diesel engine related industries.

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Net profit of Kirloskar Ferrous Industries rose 11.13% to Rs 86.28 crore in the quarter ended September 2025 as against Rs 77.64 crore during the previous quarter ended September 2024. Sales rose 5.36% to Rs 1755.31 crore in the quarter ended September 2025 as against Rs 1666.02 crore during the previous quarter ended September 2024.

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Kirloskar Ferrous Industries will hold a meeting of the Board of Directors of the Company on 6 November 2025.

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Shares of Oil and Natural Gas Corporation rose 1.11% to Rs 250.88 on the BSE.

According to the disclosure, the domestic order will be executed over a one-year period ? from 21 October 2025 to 20 October 2026. The total contract value includes goods and services tax (GST) at 12%, which may be revised in line with any future government notifications.

The company stated that the supply will be made in accordance with the terms and technical specifications mentioned in the contract. It also clarified that the order does not fall under related party transactions, and the promoter group has no interest in ONGC.

Kirloskar Ferrous Industries is one of India's largest castings and pig iron manufacturers. The company caters to various industry sectors, such as tractors, automobiles and diesel engines.

The company?s consolidated net profit jumped 33.7% to Rs 93.28 crore on 9.3% rise in revenue from operations to Rs 1,698.09 crore in Q1 FY26 over Q1 FY25.

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