KIOCLCommodities

KIOCL Limited

Sponge Iron · ISIN INE880L01014 · BSE 540680 · NSE EQ · FV ₹10
Last price
₹338
+3.32%today
What this company does

KIOCL Limited operates in Sponge Iron, part of the Commodities sector. It booked ₹158 cr of revenue in its latest quarter (Q1 FY27) and kept -9.8% of sales as profit. It is the largest of 4 Sponge Iron companies we track, by market value.

Strengthening capabilities to serve evolving requirements KIOCL Limited is a Government of India enterprise and a Schedule ‘A’ Mini-Ratna under the Ministry of Steel. With a legacy spanning over four decades, we have been part of India’s iron and steel sector, contributing through consistent operations and technical expertise.
In the report:
37out of 100
Equitytale Health Score
Strained

Healthier than 37% of companies in Commodities, on all six measures of filed financials. Each measure is ranked against the 121–173 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
32

At close. Not part of the score.

Profitability & returns7

How much profit it earns on the money it employs

Balance sheet63

How much it owes, and whether earnings cover the interest

Cash quality63

Whether reported profit actually arrives as cash

Growth & consistency25

Whether sales and profit have grown, and how steadily

Valuation1

What today's price implies, against our models or its peers · lowest in its sector on what we could measure

Governance & risk88

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Some things to watch
Strengths
Sales up 74% vs last year
Promoters hold 99%
No promoter shares pledged
Virtually debt-free
Watch-outs
! Currently loss-making
! Thin -9.8% net margin
! Low -3.6% return on equity
! Operating cash flow is negative

What if I invest in KIOCL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 0% a year, it would become
₹12.00 lakh

The slider starts at 0%, taken from this company's own revenue trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹338 +3.32%
latest close · 2026-09-17
1-year return
+34.9%
52-wk low ₹16752-wk high ₹411
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio11.82High
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-3.6%Loss
WeakFairStrong ▸15%
Return on capital-2.5%Loss
WeakFairStrong
Net margin-9.8%Loss
ThinDecentStrong
EBITDA margin-2.6%Loss
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover-3.4×Risky
RiskyOkayStrong ▸5×
Current ratio3.38Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹20,524 cr
Book value
₹29
EPS
₹-0.25
latest quarter
Net debt
₹-75 cr
more cash than debt
Enterprise value
₹20,449 cr
EBITDA
₹-17 cr
annualised
EBIT
₹-49 cr
annualised
Operating margin
-7.8%
Return on assets
-2.6%
Earnings yield
P/S
32.47
Sales / share
₹10.4
Tax rate
Face value
₹10
Shares
60.8 cr
Working capital
₹824 cr
Current assets
₹1,171 cr
Current liabilities
₹347 cr
Delivery %
46.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹9₹20, midpoint ₹15

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹158 cr
Other Income₹22 cr
Total Income₹180 cr
Cost of Materials₹50 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-6 cr
Employee Benefit Expense₹35 cr
Finance Costs₹4 cr
Depreciation & Amortisation₹8 cr
Other Expenses₹106 cr
Total Expenses₹196 cr
Profit before Tax₹-16 cr
Tax Expense₹-47 L
Net Profit₹-15 cr
Net margin on total income-8.6%
Where the money goes · Q1 FY27
% of total spend
Materials + stock-in-trade₹44 cr22.1%
Employee benefit expense₹35 cr17.9%
Finance costs₹4 cr1.8%
Depreciation & amortisation₹8 cr4.2%
Other expenses₹106 cr54.0%
Total income ₹180 cr

The company made a net loss of ₹15 cr this quarter — income covered only 92 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue160 cr220 cr158 cr
Total income175 cr256 cr180 cr
Expenses162 cr202 cr196 cr
Profit before tax13 cr54 cr-16 cr
Tax-5 cr1 cr-47 L
Net profit (owners' share)18 cr53 cr-15 cr
Net margin (owners' share, on revenue)11.4%24.2%-9.8%
EPS (₹)0.300.88-0.25
YoY (latest quarter): total income +67.0% · net profit
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹2,343 cr
Shareholder equity
₹1,736 cr
parent shareholders
Total debt
₹0 cr
Cash
₹75 cr
Cash flow · H1 FY26
Operating
₹-17 cr
Investing
₹-184 cr
Financing
₹-16 cr
Peer comparison
Sponge Iron · by market value
CompanyPriceMarket capP/E
KIOCL Limitedthis company₹338₹20,524 cr
S.A.L. Steel Limited₹78₹1,153 cr93.3
Vraj Iron and Steel Limited₹124₹409 cr8.9
Vaswani Industries Limited₹45₹134 cr13.3
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹0.79
ex 8 Sep 2022
ActionDetailEx-date
Dividend₹0.79 / share8 Sep 2022
Dividend₹0.98 / share25 Nov 2021
Dividend₹1.64 / share7 Sep 2021
Buyback Buyback28 Oct 2020
Dividend₹0.7 / share21 Sep 2020
Dividend₹1.33 / share23 Aug 2019
Who owns it · 2026-03-31
No pledge
Promoter
99.0%
FII / Foreign
0.0%
DII / Domestic
0.0%
Retail / others
0.9%
Smart-money activity
Insider trades
SoldPRESIDENT OF INDIA · Promoters1.42 cr · ₹155.9 cr18 Dec 20
SoldMinistry of Steel, · Promoters1.21 cr · ₹205.6 cr13 Nov 18
Stake changes
SoldPresident of India, Ministry of Steel, Government of India · promoter→ 99.03% · 1.42 cr18 Dec 20
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 29 Sep 2025
See the official result
1
Adoption of Financial Statements for the year ended 31st March, 2025 and the Reports of the Board of Directors and the Auditors thereon and Comments of the Comptroller and Auditor General of India.
Backed by 99% of shareholders other than promotersneeded 50%
3,375 votes for, 38 against · 3% of mutual funds and other big investors said no
2
Re-appointment of Shri Binay Krushna Mahapatra (DIN: 09613777), as a Director who retires by rotation.
Backed by 77% of shareholders other than promotersneeded 50%
2,624 votes for, 789 against · 3% of mutual funds and other big investors said no
3
Fixing the remuneration of Statutory Auditors.
Backed by 78% of shareholders other than promotersneeded 50%
2,656 votes for, 757 against · 0% of mutual funds and other big investors said no
4
Re-appointment of Shri. Changdev Sukhadev Kamble (DIN: 09351638) as an Independent Director.
Backed by 77% of shareholders other than promotersneeded 75%
2,625 votes for, 788 against · 3% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 1 named members
owning 99.0% between them · as of 2026-03-31
PRESIDENT OF INDIA99.03%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.