Kiocl Limited

NSE: KIOCL · Sponge Iron · sector

₹323.80NSE close 2026-10-26

Key numbers

Market cap₹19,679 cr

Price₹323.80

52w high / low₹463 / ₹291

P/E498.1xSector median 36.4x

P/B11.3xSector median 3.7x

Book value₹28.6

Dividend yield–

ROE2.3%Sector median 5.5%

ROCE2.8%Sector median 7.9%

OPM-0.8%Sector median 9.4%

Debt / equity0.00xSector median 0.98x

EV/EBITDA–Sector median 8.9x

Interest cover3.4x

Current ratio3.38x

Sales growth 3y-26.5%Sector median -22.4%

Profit growth 3y–Sector median -6.6%

PEG–

Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 5 companies in Sponge Iron (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹826 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
Operating profit covered interest 3.4x in the last 12 months.
Operating cash flow was below net profit in 2 of the last 5 years (FY23, FY22).
Net loss in 6 of the last 8 quarters.
Revenue was higher than a year earlier in 2 of the last 4 quarters.
Other income was 236% of net profit in the last 12 months.
Debtor days went from 1 (FY24) to 21 (FY26).
Dividend paid in 2 of the last 5 financial years.
Price ₹323.80 on 2026-10-26: -30.0% from the 52-week high, +11.4% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹528.80 · low ₹220.42

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	16	181	246	91	143	160	220	158
EBITDA	-67	-43	-41	-42	-22	11	32	-27
OPM %	-416.7%	-24.1%	-16.6%	-45.9%	-15.1%	6.7%	14.4%	-16.8%
Other income	13	11	16	17	18	16	36	22
Net profit	-69	-48	-37	-38	-17	18	53	-15
EPS (₹)	-1.14	-0.79	-0.61	-0.62	-0.28	0.30	0.88	-0.25
Revenue YoY					+783.1%	-11.6%	-10.6%	+73.8%
Profit YoY					–	–	–	–

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	3,006	1,543	1,854	591	613	681
EBITDA	380	-164	-73	-200	-29	-6
Net profit	313	-98	-83	-205	17	39
EPS (₹)	5.16	-1.61	-1.37	-3.37	0.27	0.65
Revenue growth		-48.7%	+20.1%	-68.2%	+3.9%	+27.4%
Profit growth		-131.2%	–	–	–	–
Dividend / share (₹)	2.62	0.79	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	-26.5%	-23.8%	+27.4%
Net profit	–	-44.0%	–
EPS	–	-43.9%	–
Share price	–	-3.0% (2y)	-23.6%

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	2,002	1,918	1,712	1,736
Borrowings	–	412	64	0	0
Cash & equivalents	–	773	457	730	826
Total assets	–	2,938	2,438	2,288	2,343
Fixed assets	–	175	263	242	224
Capital work in progress	–	166	151	169	167
Investments	–	0	0	0	15
Receivables	–	354	7	27	35
Inventory	–	333	464	119	140
Payables	–	165	129	200	0

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	70	-309	105	343	79
Cash from investing	-132	129	-127	-157	-57
Cash from financing	-165	337	-372	-80	-16
Capex	290	423	122	6	25
Free cash flow	-221	-733	-18	338	54

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	-4.9%	-4.3%	-12.0%	1.0%
ROCE %	–	-4.5%	-2.5%	-11.1%	1.5%
Debtor days	–	84	1	16	21
Inventory days	–	108	129	105	1,622
Payable days	–	54	36	177	0
Cash conversion cycle (days)	–	138	94	-56	1,643
Working capital days	–	277	201	489	490

Shareholding

Holder	% (2026-09-30)
Promoters	99.03%
FIIs	0.03%
DIIs	0.03%
of which Mutual funds	0.00%
of which Insurance	0.03%
Public (non-institutions)	0.90%

Quarter	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Sep 2026
Promoters %	99.03%	99.03%	99.03%	99.03%	99.03%	99.03%	99.03%	99.03%

Promoter group	%
President of India	99.03%

36,680 shareholders. Pledged: – of promoter shares.

Peers in Sponge Iron

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
KIOCL	₹19,679 cr	498.1x	11.3x	2.3%	2.8%	-0.8%	-26.5%	–
SALSTEEL	₹940 cr	61.4x	6.4x	13.4%	7.8%	29.7%	-25.7%	–
VRAJ	₹409 cr	11.4x	0.9x	8.7%	9.9%	9.8%	–	–
VASWANI	₹136 cr	–	0.9x	-0.0%	7.9%	9.4%	+6.0%	–
BIHSPONG	₹116 cr	9.9x	–	–	15.0%	-7.3%	-19.1%	–

All 5 companies in Sponge Iron →

Business segments (FY26)

Segment	Revenue	Share	EBIT	Margin
Other Operating Revenue	₹576 cr	93.8%	₹0 cr	0.0%
Pellet Plant	₹37 cr	6.1%	₹-43 cr	-116.7%
Pig Iron Plant	₹1 cr	0.1%	₹-11 cr	-1,990.9%

Dividends & corporate actions

Ex-date	Action	Detail
2024-09-20	Other	Annual General Meeting
2023-09-15	Other	Annual General Meeting
2022-09-08	Dividend	Annual General Meeting/Dividend - Re 0.79 Per Share
2021-11-25	Dividend	Interim Dividend - Rs 0.98 Per Share
2021-09-07	Dividend	Annual General Meeting/Dividend - Rs 1.64 Per Share
2020-10-28	Buyback	Buyback
2020-09-21	Dividend	Annual General Meeting/Dividend - Rs 0.70 Per Share
2019-08-23	Dividend	Dividend - Rs 1.33 Per Share
2018-09-28	Buyback	Buyback
2018-08-23	Dividend	Annual General Meeting/Dividend- Re 0.79 Per Share
2018-03-26	Dividend	Interim Dividend - Re 0.27 Per Share (Purpose Revised)
2017-08-23	Dividend	Annual General Meeting/Dividend - Re 0.26 Per Share
2017-02-06	Dividend	Interim Dividend Re 0.11 Per Share

Documents

Links go to the original files on the exchange website.

About the company

Manufacturing: Metal and Metal products


Sector	Commodities
Industry	Sponge Iron
Sub-industry	Sponge Iron
Symbol	KIOCL
BSE code	540680
ISIN	INE880L01014
Face value	₹10.0
Incorporated	1976-04-02
Website	www.kioclltd.in
Plants (India / abroad)	2 / 0

From the company's filings (BRSR FY25).

Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.