Kirloskar Ferrous Industries Ltd
Kirloskar Ferrous Industries Q3 FY26 earnings call: Revenue & Margins
Q3 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Steel sales target: Increase to at least 120,000 tons next year (FY '27). The company aims for a CAGR growth of 14% to 16% in value numbers over the coming years.
From Kirloskar Ferrous Industries Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Steel sales target: Increase to at least 120,000 tons next year (FY '27).
- Tube sales: Expected growth from ~190,000-195,000 tons this year to 220,000-230,000 tons next year; planning to reach 230,000 tons with future expander mill.
- Casting sales: Target to grow from about 160,000-163,000 tons to close to 190,000 tons next year, with Solapur ramp-up to 50,000-62,000 tons over next two years.
- Pig iron: External sales around 580,000-600,000 tons, with plans to upgrade Hiriyur blast furnace to boost hot metal production to 900,000 tons eventually.
- Expected volume growth across segments: 15% to 20%, supporting a CAGR of 14%-16%.
2 more points from Kirloskar Ferrous Industries Ltd's call on revenue
Pro opens every point from 15K+ earnings calls
Profitability & Margins
See what Kirloskar Ferrous Industries Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Kirloskar Ferrous Industries is commissioning incremental green power capacity of 130 MW (70 MW solar + 25 MW wind) targeted for commissioning between April to September FY '27, aiming for a total of ~200 MW solar equivalent capacity.
- Plans to upgrade the Hiriyur pig iron blast furnace to increase hot metal capacity from ~7 lakh tons to 9 lakh tons over the next 1-2 years, subject to prioritization against other projects.
- Planning to commission a new steel plant at Koppal with equipment orders expected to be finalized by 31 March 2026, with commissioning targeted in about 2 years.
- Considering expansion in tube production capacity with an expander mill under planning to increase capacity beyond 230,000 tons.
2 more points from Kirloskar Ferrous Industries Ltd's call on capex
Pro opens every point from 15K+ earnings calls
Top-ranked in Ferrous Metals
Ranked on what management guided this quarter
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 ONGC order is a significant part of the current orderbook in the seamless tube segment.
- The complete execution of the ONGC order will span over the current and next quarter, indicating a sizable pending order volume.
- The company is expecting a big lineup of sales in the oil and gas sector for the current quarter, tied to the ONGC order.
- Specific volume guidance related to the ONGC order shows it contributes notably to tube sales.
- Casting division ramp-up plans hint at pending new orders and opportunities, especially related to new product developments at Solapur.
2 more points from Kirloskar Ferrous Industries Ltd's call on order book
Pro opens every point from 15K+ earnings calls
Kirloskar Ferrous Industries Ltd — Quarterly revenue & net profit
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.
Full financials →Continue your research
What Kirloskar Ferrous Industries Ltd's management said in earlier quarters
Others in Ferrous Metals this season
- Sandur Manganese & Iron Ores Ltd (Q3 FY26)
Total Income: ₹507 crore (2% YoY growth) . Key concall takeaways from Sandur Manganese & Iron Ores Ltd's Q3 FY26 earnings call — and how it ranks against…
- Jindal Steel Ltd (Q3 FY26)
Auto industry exposure remains limited (~3%) due to product mix centered on flat hot-rolled products. Key concall takeaways from Jindal Steel Ltd's Q3 FY26…
- Tata Steel Ltd (Q3 FY26)
81,834 crores with a healthy ratio of ~2.6x, indicating headroom for debt-funded growth. Key concall takeaways from Tata Steel Ltd's Q3 FY26 earnings call…
- Indian Metals & Ferro Alloys Ltd (Q3 FY26)
Capex outlay for FY '27 is approximately INR 600 crores majorly including infrastructure and mine development. Key concall takeaways from Indian Metals & Ferro…
Arthneeti Pro · Annual
Kirloskar Ferrous Industries Ltd and 15K+ more earnings calls,
for less than your morning chai
a day
Every earnings call, ranking and concall Q&A across all four results seasons.
Secure Razorpay payment · instant access
Frequently Asked Questions
What were Kirloskar Ferrous Industries Ltd Q3 FY26 results?
Steel sales target: Increase to at least 120,000 tons next year (FY '27). The company aims for a CAGR growth of 14% to 16% in value numbers over the coming years.
What is Kirloskar Ferrous Industries Ltd share price analysis?
Kirloskar Ferrous Industries Ltd currently shows a neutral. The stock trades at a P/E of 18.2 with a market cap of ₹7,134 Cr. Investors should review the full earnings analysis for detailed insights.
Is Kirloskar Ferrous Industries Ltd planning capital expenditure?
Kirloskar Ferrous Industries is commissioning incremental green power capacity of 130 MW (70 MW solar + 25 MW wind) targeted for commissioning between April to September FY '27, aiming for a total of ~200 MW solar equivalent capacity.
Keep Kirloskar Ferrous Industries Ltd on your radar — track it to get its next earnings analysis in your feed.
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.