Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Kalyani Steels
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 460 | 497 | 480 | 480 | 503 | 461 | 492 | 484 | 544 | 443 | 456 | 462 | 484 |
| Expenses + | 358 | 404 | 387 | 384 | 413 | 382 | 396 | 401 | 430 | 357 | 371 | 371 | 385 |
| Operating Profit | 102 | 92 | 93 | 96 | 90 | 79 | 96 | 83 | 114 | 85 | 85 | 92 | 99 |
| OPM % | 22% | 19% | 19% | 20% | 18% | 17% | 20% | 17% | 21% | 19% | 19% | 20% | 20% |
| Other Income + | 15 | 12 | 9 | 12 | 13 | 12 | 14 | 12 | 13 | 14 | 14 | 7 | 13 |
| Interest | 9 | 7 | 9 | 5 | 3 | 4 | 5 | 6 | 4 | 3 | 2 | 2 | 1 |
| Depreciation | 13 | 16 | 15 | 15 | 15 | 16 | 16 | 16 | 16 | 15 | 15 | 14 | 14 |
| Profit before tax | 95 | 82 | 78 | 88 | 84 | 72 | 90 | 75 | 107 | 82 | 83 | 83 | 97 |
| Tax % | 26% | 26% | 26% | 25% | 26% | 28% | 25% | 26% | 26% | 26% | 25% | 26% | 27% |
| Net Profit + | 70 | 61 | 58 | 65 | 63 | 52 | 67 | 55 | 79 | 61 | 62 | 61 | 71 |
| EPS in Rs | 15.97 | 14.03 | 13.36 | 14.97 | 14.33 | 11.81 | 15.30 | 12.69 | 18.16 | 13.97 | 14.16 | 14.05 | 16.27 |
Financials of Kalyani Steels
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,226 | 1,180 | 1,257 | 1,345 | 1,407 | 1,199 | 1,188 | 1,706 | 1,899 | 1,959 | 1,982 | 1,846 |
| Expenses + | 1,059 | 945 | 970 | 1,142 | 1,194 | 1,004 | 925 | 1,367 | 1,654 | 1,588 | 1,609 | 1,484 |
| Operating Profit | 168 | 235 | 288 | 203 | 212 | 195 | 263 | 339 | 246 | 371 | 373 | 361 |
| OPM % | 14% | 20% | 23% | 15% | 15% | 16% | 22% | 20% | 13% | 19% | 19% | 20% |
| Other Income + | 2 | 3 | 13 | 17 | 25 | 23 | 43 | 46 | 56 | 47 | 52 | 49 |
| Interest | 15 | 12 | 10 | 9 | 7 | 8 | 7 | 13 | 28 | 25 | 19 | 9 |
| Depreciation | 31 | 52 | 52 | 37 | 38 | 43 | 44 | 46 | 49 | 61 | 63 | 57 |
| Profit before tax | 124 | 174 | 239 | 175 | 192 | 168 | 255 | 326 | 225 | 333 | 343 | 344 |
| Tax % | 33% | 35% | 35% | 34% | 31% | 18% | 25% | 25% | 26% | 26% | 26% | 26% |
| Net Profit + | 83 | 114 | 156 | 115 | 132 | 137 | 190 | 243 | 167 | 247 | 253 | 255 |
| EPS in Rs | 19.08 | 26.02 | 35.85 | 26.32 | 30.25 | 31.41 | 43.59 | 55.65 | 38.26 | 56.69 | 57.96 | 58.45 |
| Dividend Payout % | 0% | 0% | 14% | 19% | 17% | 16% | 17% | 18% | 26% | 18% | 17% | 17% |
Financials of Kalyani Steels
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
| Reserves | 454 | 568 | 680 | 763 | 869 | 942 | 1,132 | 1,346 | 1,468 | 1,670 | 1,883 | 2,078 |
| Borrowings + | 219 | 327 | 239 | 169 | 18 | 0 | 168 | 438 | 506 | 596 | 438 | 475 |
| Other Liabilities + | 390 | 338 | 421 | 325 | 422 | 400 | 328 | 551 | 355 | 297 | 403 | 416 |
| Total Liabilities | 1,084 | 1,255 | 1,361 | 1,278 | 1,330 | 1,364 | 1,650 | 2,356 | 2,351 | 2,584 | 2,745 | 2,990 |
| Fixed Assets + | 442 | 488 | 436 | 437 | 422 | 418 | 382 | 358 | 599 | 734 | 678 | 627 |
| CWIP | 13 | 0 | 5 | 5 | 5 | 5 | 11 | 154 | 18 | 381 | 429 | 560 |
| Investments | 77 | 249 | 234 | 280 | 366 | 177 | 144 | 147 | 146 | 145 | 150 | 143 |
| Other Assets + | 552 | 517 | 686 | 557 | 537 | 763 | 1,113 | 1,696 | 1,587 | 1,324 | 1,487 | 1,660 |
| Total Assets | 1,084 | 1,255 | 1,361 | 1,278 | 1,330 | 1,364 | 1,650 | 2,356 | 2,351 | 2,584 | 2,745 | 2,990 |
Financials of Kalyani Steels
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 114 | 161 | 152 | 191 | 286 | 257 | 62 | 263 | -126 | 317 | 383 | 142 |
| Cash from Investing Activity + | -107 | -255 | -38 | -77 | -117 | -183 | -226 | -470 | 153 | -320 | -136 | -106 |
| Cash from Financing Activity + | -19 | 97 | -98 | -105 | -181 | -80 | 160 | 218 | -39 | 12 | -252 | -42 |
| Net Cash Flow | -12 | 2 | 16 | 10 | -12 | -6 | -3 | 11 | -12 | 9 | -5 | -6 |
| Free Cash Flow | 12 | 76 | 139 | 159 | 264 | 223 | 46 | 92 | -237 | -258 | 358 | 81 |
| CFO/OP | 85% | 90% | 84% | 125% | 163% | 157% | 48% | 104% | -25% | 107% | 125% | 63% |
Financials of Kalyani Steels
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 98 | 107 | 135 | 102 | 80 | 72 | 77 | 89 | 78 | 78 | 79 | 98 |
| Inventory Days | 97 | 90 | 81 | 53 | 71 | 74 | 71 | 82 | 100 | 66 | 68 | 72 |
| Days Payable | 131 | 120 | 147 | 88 | 153 | 184 | 140 | 172 | 81 | 67 | 97 | 96 |
| Cash Conversion Cycle | 64 | 77 | 69 | 67 | -1 | -39 | 7 | -1 | 97 | 77 | 51 | 74 |
| Working Capital Days | 69 | 31 | 27 | 24 | 25 | 11 | -11 | -18 | 29 | -12 | -15 | -0 |
| ROCE % | 21% | 23% | 27% | 19% | 20% | 19% | 23% | 22% | 13% | 17% | 16% | 15% |
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