K

KIOCL Limited

KIOCLNSE
Market snapshot · 2026-08-11 09:40 UTC

391.25

₹-1.85 (-0.47%)

MARKET CAP

₹23.78K Cr

STOCK P/E

1,397.3x

52W HIGH

₹634.55

52W LOW

₹290.65

BOOK VALUE

₹28.57

EPS

₹0.28

ROE

0.96%

SECTOR

Materials

DEBT/EQUITY

11.05

VOLUME

80,254

P/B RATIO

13.70x

PEG RATIO

Sector

Materials

Themes

Iron & Steel
₹528.80₹471.85₹414.90₹357.95₹301.00VolumeAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

KIOCL is an Indian iron-ore mining, beneficiation, and pellet producer, operating Pellet and Pig Iron segments. Pellets, pig iron, and iron-ore fines drive revenue, while operation, maintenance, and mineral-exploration services provide additional income. Profit grew 108.1% year-on-year despite 3.5% revenue growth, indicating improving margins. However, recent board appointments primarily strengthen governance rather than directly expand production or sales. ROE remains only 1.0%, while debt-to-equity of 11.05 implies severe leverage pressure on shareholder returns. The earnings rebound therefore offers limited evidence of durable operating improvement, particularly without faster revenue growth. At a P/E of 1,450.9, KIOCL trades at an extreme premium to its growth rate and sector fundamentals. Valuation is rich, with merger prospects involving NMDC and the company’s high leverage remaining key uncertainties.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for KIOCL.

Coverage check

Price Forecast

Current
₹391.25
High Target
Median Target
Low Target
Now₹391.25Aug '25Now12M Target
Price history (1Y)
Analyst target range

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹267.65 - ₹562.6380%
6M₹227.60 - ₹650.8680%
12M₹180.11 - ₹795.9180%
Realized vol: +58.0% · Drift: +13.5%

Revenue Forecast

₹ Cr
Mar '26Current₹220.0
Sep 2026 ETrend estimate range
High₹231.7Base₹214.5Low₹197.3
Jun '25: ₹91.0 · Sep '25: ₹143.0 · Dec '25: ₹160.0 · Mar '26: ₹220.0 · Sep '26: ₹214.5 · Dec '26: ₹240.0
Jun '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E91.0143.0160.0220.0214.5240.0
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Mar '26Current₹0.88
Sep 2026 ETrend estimate range
High₹-0.34Base₹-0.30Low₹-0.27
Jun '25: ₹-0.62 · Sep '25: ₹-0.28 · Dec '25: ₹0.30 · Mar '26: ₹0.88 · Sep '26: ₹-0.30 · Dec '26: ₹0.32
Jun '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E-0.62-0.280.300.88-0.300.32
PastCurrentTrend estimate: Low / Base / High
Analyst price target unavailable from FMP/yfinance. Analyst pillar unavailable from FMP/yfinance.
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Mixed
35%
Analyst Consensus
Unavailable

Analyst coverage unavailable

Mean upsideNot available

Fundamentals

Weakening

Fundamentals institutional score is 33 using EVA spread proxy -11.0%; growth durability 78.0.

Valuation

Premium valuation

Valuation institutional score is 24 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Unavailable

No usable analyst target or recommendation data was available.

Technical Structure

Weak Structure

Technicals institutional score is 37 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 7 recent ticker-linked news items.

Signal Summary

Market intelligence remains Mixed. Available evidence provides partial support, while fundamentals and valuation remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals WeakeningValuation Premium valuationTechnical Structure Weak StructureMarket Sentiment Neutral backdrop

Key Data Points

Mean Target PriceUnavailable
Mean UpsideNot available
Technical Score37%
Fundamental Score33%
Data CoverageMedium

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 5.8% above historical median. Valuation is rising — currently in the fair zone (z-score: +0.42). Confidence: 82%.

Forward Valuation Outlook

Forward outlook is unavailable because live next-12-month estimate data is not available for this ticker right now.

P/E
Fair

5Y Average

Current

1403.93

Overvalued

1455.13

Undervalued

1166.47

P/B
Overvalued

5Y Average

12.96

Current

13.76

Overvalued

14.22

Undervalued

11.61

P/S
Strongly Overvalued

5Y Average

30.19

Current

38.94

Overvalued

38.96

Undervalued

21.71

Peers & Comparison

Sector: Materials · Theme: Iron & Steel

Iron & Steel Peers8 peers
Avg P/E: 46x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
GODAWARI POW & ISP LTD
GPILIron & Steel
+34.8%13.9%
18.7x
Undervalued
-59% vs avg
+19.6%
GALLANTT ISPAT LIMITED
GALLANTTIron & Steel
11.1%
30.2x
Undervalued
-34% vs avg
-23.7%
JINDAL STEEL LIMITED
JINDALSTELIron & Steel
+25.9%4.8%
40.4x
Fair
-12% vs avg
+12.7%
+10.5%7.4%
18.5x
Undervalued
-60% vs avg
+2.7%
JAI BALAJI INDUSTRIES LTD
JAIBALAJIIron & Steel
+9.8%2.2%
44.6x
Fair
-3% vs avg
-34.2%
AEROFLEX INDUSTRIES LTD
AEROFLEXIron & Steel
+72.4%13.4%
82.7x
Premium
+80% vs avg
+131.7%
BANSAL WIRE INDUSTRIES L
BANSALWIREIron & Steel
+24.4%3.2%
35.2x
Undervalued
-23% vs avg
-9.4%
BHARAT FORGE LTD
BHARATFORGIron & Steel
+17.5%6.4%
97.7x
Premium
+112% vs avg
+81.6%
WHY THESE PEERS

KIOCL LIMITED trades at a premium (1397.9x vs peer avg 46.0x), implying higher growth or quality expectations from the Iron & Steel cohort. Peers include GODAWARI POW & ISP LTD, GALLANTT ISPAT LIMITED, JINDAL STEEL LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹220 CrMar 2026

Latest net profit

₹53 CrMar 2026

Latest EPS

₹0.88Mar 2026

Net margin

14.0%Mar 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26-60.0%-40.0%-20.0%0.0%20.0%-85 Cr0.00 Cr85 Cr170 Cr255 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.00 Cr65 Cr130 Cr195 Cr260 Cr₹-1₹-0₹0₹0₹1
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr55 Cr110 Cr165 Cr220 Cr

Latest reported period: Mar 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-1.00K Cr0.00 Cr1.00K Cr2.00K Cr3.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +7355014315493721471618124691143160220
Expenses +68856545151339819683224287133164155189
Operating Profit47-64-1936-25-49-67-43-41-42-22432
OPM %6%-13%-4.5%7%-7%-33%-417%-24%-17%-46%-15%2.7%14%
Other Income +22131112151113111617182236
Interest7524326444444
Depreciation4677781011111010109
Profit before tax58-62-1837-21-49-70-47-40-38-171354
Tax %-43%-6%19%-6%104%4%-1%1%-7%-2%0%-38%2%
Net Profit +82-58-2139-43-51-69-48-37-38-171853
EPS in Rs1.35-0.95-0.350.64-0.71-0.83-1.14-0.79-0.61-0.62-0.280.300.88
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters +99.03%99.03%99.03%99.03%99.03%
FIIs +0.02%0.01%0.05%
DIIs +0.07%0.07%0.03%0.03%0.03%
Public +0.88%0.88%0.91%0.92%0.88%
Others0.02%0.02%0.02%0.01%
Mar 2026
Promoters +
FIIs +
DIIs +
Public +
Others

Events Timeline

Board Meeting Intimation for Intimation Of Board Meeting

Aug 07, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Change in Management

Aug 05, 2026PDFCompany Reports Open

Rumour verification - Regulation 30(11)

Aug 04, 2026PDFCompany Reports Open

Clarification sought from KIOCL Ltd

Aug 03, 2026LinkCompany Reports Open

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

Jul 21, 2026PDFCompany Reports Open