KF

Kirloskar Ferrous Industries Ltd

Q1 FY27Ferrous Metals

Kirloskar Ferrous Industries Q1 FY27 earnings call: Revenue & Margins

Q1 FY27 earnings call: what management guided on revenue, margins and order book.

Price₹440
Market cap₹7.3K Cr
P/E18.6
Updated25 Aug 2026
Read5 min read

What the Q1 FY27 call signalled

3 of 4 strong

RevenueModerate growth
MarginMargins slightly up
CapexCapex planned
FundraiseFundraise planned

The short version

Targeting revenue of INR 14,000 crores in the medium term with 3 lakh tons casting sales and 4 lakh tons tube sales. The company expects volumetric growth of at least 15% overall in the coming three quarters, supported by growth in castings (up 19% in Q1) and steel (20%+ growth in external sales) and a 10% growth in tubes.

From Kirloskar Ferrous Industries Ltd's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.

Revenue & Sales Performance

Moderate growth
  • Targeting revenue of INR 14,000 crores in the medium term with 3 lakh tons casting sales and 4 lakh tons tube sales.
  • Casting capacity to reach 3 lakh metric tons per annum within 3-4 years, including expansions like the sixth foundry and machining capacity.
  • Steel external sales expected to establish 2.4 lakh tons annually, linked with Koppal steel project in 2 years.
  • Tube capacity aiming to increase to 3.5 lakh tons per annum after expander mill completion (expander mill takes 2 years).
  • Volumetric growth guidance: ~15% overall, with castings growing around 17-20%, steel external sales 20%, and tubes about 10% compared to last year.
  • Large casting capacity expected to ramp up to 500-600 tons per month in 1-1.5 years.

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Profitability & Margins

See what Kirloskar Ferrous Industries Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • Capex guidance for current year: INR 600-700 crores, with potential to increase as large projects trigger.
  • Total planned capex of INR 3,000-3,500 crores over next 4 years.
  • Key ongoing/upcoming projects:
  • Expansion of Rajpura foundry in 2 phases to 70,000 metric tons per annum.
  • Completion of 2-part foundry in Solapur (15,000 metric ton/annum capacity).
  • Hiriyur pig iron plant upgrade (capacity to 360,000 metric tons) with efficiency improvements.
  • Oxygen plant and enhanced pulverized coal injection at Koppal blast furnaces (completion expected Feb-Mar).
  • Jejuri rolling capacity enhancement to 25,000 metric tons/month.
  • New premium couplings manufacturing project at Baramati.

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Top-ranked in Ferrous Metals

Ranked on what management guided this quarter

Guidance-ranked
1Sandur Manganese
Rev 2Mar 3
Rev 2Mar 3
3
Rev 2Mar 3
4
Rev 3Mar 1
5
Rev 3Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Kirloskar Ferrous Industries Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • The company has an orderbook of approximately 23,000 tons in the tube segment, including orders from ONGC and Oil India, which also includes couplings.
  • Execution of these orders is expected to be completed within the next 2 quarters.
  • Large casting foundry capacity is ramping up, targeting 500 to 600 tons per month within 1 to 1.5 years, with full capacity utilization a year after that.
  • The company is focused on increasing premium and high-value product offerings in tubes, including oil and gas segments.

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Kirloskar Ferrous Industries Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹1.8K Cr, net profit ₹130 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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Frequently Asked Questions

What were Kirloskar Ferrous Industries Ltd Q1 FY27 results?

Targeting revenue of INR 14,000 crores in the medium term with 3 lakh tons casting sales and 4 lakh tons tube sales. The company expects volumetric growth of at least 15% overall in the coming three quarters, supported by growth in castings (up 19% in Q1) and steel (20%+ growth in external sales) and a 10% growth in tubes.

What is Kirloskar Ferrous Industries Ltd share price analysis?

Kirloskar Ferrous Industries Ltd currently shows a below-average growth signal. The stock trades at a P/E of 18.6 with a market cap of ₹7,281 Cr. Investors should review the full earnings analysis for detailed insights.

Is Kirloskar Ferrous Industries Ltd planning capital expenditure?

Capex guidance for current year: INR 600-700 crores, with potential to increase as large projects trigger.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.