KIOCL
KIOCL Limited
KIOCL Limited (KIOCL) financial statements and selected valuation metrics through 30 June 2026.
Commodities›Metals & Mining›Ferrous Metals›Sponge Iron
kioclltd.in(opens the company website in a new tab)Key metrics
Price as of 2026-10-19
Stock price
₹351.00
Market cap
21,332 Cr
Stock P/E
548.7
P/B
12.27
Dividend yield
0.2%
ROE (FY26)
1.0%
ROCE (FY26)
1.5%
Operating margin (FY26)
-11.1%
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
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Compare with peers
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What you need to know
KIOCL is a Government of India enterprise that runs a pellet plant and a pig iron plant, and in FY26 most of its revenue came from an "other operating revenue - service contract" line rather than from selling pellets or pig iron.
Company snapshot
1stBy market cap
Ranked among 4 companies in Sponge Iron.
Segment mix
Reportable segments as of 2024-12-31 (Standalone). Revenue share = segment revenue ÷ total revenue.
Largest segment: 94.9% of revenue
| Segment | Revenue share | Revenue | PBT | Assets |
|---|---|---|---|---|
| Blast Furnace Unit | — | 0 Cr | 0 Cr | 223 Cr |
| Other Operating Revenue | 0.0% | 0.01 Cr | 0 Cr | 0 Cr |
| Other Operating Revenue- Service | 5.1% | 9 Cr | 0 Cr | 0 Cr |
| Pellet Plant | 94.9% | 171 Cr | -53 Cr | 726 Cr |
| Pig Iron Plant | — | 0 Cr | -5 Cr | 0 Cr |
| Tax Expenses | — | 0 Cr | -0.57 Cr | 0 Cr |
What we see
Concerns
- ✗Net margin is very thin at 2.7% — little room for error if costs rise.
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Statement tables · Standalone
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Standalone only
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 431 Cr | 549 Cr | 372 Cr | 147 Cr | 16 Cr | 181 Cr | 246 Cr | 91 Cr | 143 Cr | 160 Cr | 220 Cr | 158 Cr |
| Operating expenses (approx.) | 451 Cr | 513 Cr | 398 Cr | 196 Cr | 83 Cr | 224 Cr | 287 Cr | 133 Cr | 164 Cr | 149 Cr | 189 Cr | 185 Cr |
| EBITDA | -19 Cr | 36 Cr | -25 Cr | -49 Cr | -67 Cr | -43 Cr | -41 Cr | -42 Cr | -22 Cr | 11 Cr | 32 Cr | -27 Cr |
| OPM % | -4.5% | 6.6% | -6.9% | -33.2% | -416.7% | -24.1% | -16.6% | -45.9% | -15.1% | 6.7% | 14.4% | -16.8% |
| Other income | 11 Cr | 12 Cr | 15 Cr | 11 Cr | 13 Cr | 11 Cr | 16 Cr | 17 Cr | 18 Cr | 16 Cr | 36 Cr | 22 Cr |
| Interest | 2 Cr | 4 Cr | 3 Cr | 2 Cr | 6 Cr | 4 Cr | 4 Cr | 4 Cr | 4 Cr | 4 Cr | 4 Cr | 4 Cr |
| Depreciation | 7 Cr | 7 Cr | 7 Cr | 8 Cr | 10 Cr | 11 Cr | 11 Cr | 10 Cr | 10 Cr | 10 Cr | 9 Cr | 8 Cr |
| Profit before tax | -18 Cr | 37 Cr | -21 Cr | -49 Cr | -70 Cr | -47 Cr | -39 Cr | -38 Cr | -17 Cr | 13 Cr | 54 Cr | -16 Cr |
| Tax % | -19.4% | -5.6% | -103.8% | -4.3% | 0.7% | -1.2% | 6.7% | 1.8% | -0.1% | -38.1% | 1.9% | 2.9% |
| Net profit | -21 Cr | 39 Cr | -43 Cr | -51 Cr | -69 Cr | -48 Cr | -37 Cr | -38 Cr | -17 Cr | 18 Cr | 53 Cr | -15 Cr |
| EPS (₹) | ₹-0.35 | ₹0.64 | ₹-0.71 | ₹-0.83 | ₹-1.14 | ₹-0.79 | ₹-0.61 | ₹-0.62 | ₹-0.28 | ₹0.30 | ₹0.88 | ₹-0.25 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 929 Cr | 1,605 Cr | 1,888 Cr | 1,938 Cr | 2,384 Cr | 3,006 Cr | 1,543 Cr | 1,854 Cr | 591 Cr | 613 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 1,030 Cr | 1,679 Cr | 1,808 Cr | 1,955 Cr | 2,025 Cr | 2,626 Cr | 1,708 Cr | 1,927 Cr | 791 Cr | 643 Cr | Sign in free for the trailing twelve months |
| EBITDA | -101 Cr | -74 Cr | 79 Cr | -18 Cr | 358 Cr | 380 Cr | -164 Cr | -73 Cr | -200 Cr | -29 Cr | Sign in free for the trailing twelve months |
| OPM % | -10.9% | -4.6% | 4.2% | -0.9% | 15.0% | 12.6% | -10.6% | -3.9% | -33.9% | -4.8% | Sign in free for the trailing twelve months |
| Other income | 156 Cr | 179 Cr | 125 Cr | 119 Cr | 94 Cr | 74 Cr | 80 Cr | 51 Cr | 50 Cr | 95 Cr | Sign in free for the trailing twelve months |
| Interest | 0.32 Cr | 0.50 Cr | 0.80 Cr | 10 Cr | 15 Cr | 12 Cr | 14 Cr | 14 Cr | 15 Cr | 15 Cr | Sign in free for the trailing twelve months |
| Depreciation | 22 Cr | 19 Cr | 19 Cr | 27 Cr | 27 Cr | 31 Cr | 25 Cr | 27 Cr | 40 Cr | 39 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 31 Cr | 86 Cr | 184 Cr | 64 Cr | 410 Cr | 411 Cr | -123 Cr | -64 Cr | -205 Cr | 12 Cr | Sign in free for the trailing twelve months |
| Tax % | -53.5% | 5.4% | 39.2% | 31.7% | 26.6% | 23.8% | 20.4% | -30.8% | 0.2% | -39.4% | Sign in free for the trailing twelve months |
| Net profit | 48 Cr | 81 Cr | 112 Cr | 43 Cr | 301 Cr | 313 Cr | -98 Cr | -83 Cr | -205 Cr | 17 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹0.76 | ₹1.28 | ₹1.78 | ₹0.70 | ₹4.87 | ₹5.16 | ₹-1.61 | ₹-1.37 | ₹-3.37 | ₹0.27 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | 14.5% | 50.8% | — | — | — | 0.0% | Sign in free for the trailing twelve months |
Sign in free for the trailing twelve months
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 635 Cr | 635 Cr | 622 Cr | 622 Cr | 608 Cr | 608 Cr | 608 Cr | 608 Cr | 608 Cr | 608 Cr |
| Reserves | 1,467 Cr | 1,511 Cr | 1,372 Cr | 1,294 Cr | 1,378 Cr | 1,536 Cr | 1,394 Cr | 1,311 Cr | 1,104 Cr | 1,128 Cr |
| Borrowings | — | — | — | — | — | 9 Cr | 412 Cr | 64 Cr | — | — |
| Other liabilities | 440 Cr | 412 Cr | 329 Cr | 466 Cr | 496 Cr | 508 Cr | 524 Cr | 456 Cr | 577 Cr | 607 Cr |
| Total liabilities | 2,541 Cr | 2,558 Cr | 2,323 Cr | 2,382 Cr | 2,482 Cr | 2,661 Cr | 2,938 Cr | 2,438 Cr | 2,288 Cr | 2,343 Cr |
| Fixed assets (net) | 221 Cr | 202 Cr | 200 Cr | 176 Cr | 174 Cr | 178 Cr | 175 Cr | 263 Cr | 242 Cr | 224 Cr |
| CWIP | 0.72 Cr | 2 Cr | 4 Cr | 20 Cr | 37 Cr | 111 Cr | 166 Cr | 151 Cr | 169 Cr | 167 Cr |
| Investments | — | — | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 0 Cr | 100 Cr | 171 Cr | 176 Cr |
| Loans & advances | — | — | 0.67 Cr | 0.72 Cr | 0.73 Cr | 0.82 Cr | 0.72 Cr | 0.97 Cr | 2 Cr | 1 Cr |
| Inventories | 163 Cr | 233 Cr | 309 Cr | 257 Cr | 305 Cr | 346 Cr | 333 Cr | 464 Cr | 119 Cr | 140 Cr |
| Trade receivables | 144 Cr | 54 Cr | 64 Cr | 123 Cr | 243 Cr | 292 Cr | 354 Cr | 7 Cr | 27 Cr | 35 Cr |
| Cash & bank | 493 Cr | 340 Cr | 558 Cr | 430 Cr | 594 Cr | 352 Cr | 509 Cr | 113 Cr | 219 Cr | 75 Cr |
| Other assets | 1,519 Cr | 1,728 Cr | 1,188 Cr | 1,375 Cr | 1,129 Cr | 1,381 Cr | 1,400 Cr | 1,338 Cr | 1,341 Cr | 1,525 Cr |
| Total assets | 2,541 Cr | 2,558 Cr | 2,323 Cr | 2,382 Cr | 2,482 Cr | 2,661 Cr | 2,938 Cr | 2,438 Cr | 2,288 Cr | 2,343 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | -261 Cr | -100 Cr | -126 Cr | -22 Cr | 111 Cr | 70 Cr | -309 Cr | 105 Cr | 343 Cr | 79 Cr |
| Cash from investing | 302 Cr | -13 Cr | 581 Cr | 49 Cr | 299 Cr | -132 Cr | 129 Cr | -127 Cr | -157 Cr | -57 Cr |
| Cash from financing | -8 Cr | -40 Cr | -274 Cr | -112 Cr | -245 Cr | -165 Cr | 337 Cr | -372 Cr | -80 Cr | -16 Cr |
| Net cash flow | 33 Cr | -153 Cr | 181 Cr | -85 Cr | 164 Cr | -227 Cr | 157 Cr | -395 Cr | 106 Cr | 6 Cr |
| Free cash flow (OCF − Capex) | -266 Cr | -102 Cr | -146 Cr | -43 Cr | 87 Cr | -221 Cr | -733 Cr | -5 Cr | 338 Cr | 54 Cr |
Ratios
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 1.5% | 4.0% | 9.3% | 3.8% | 21.4% | 19.7% | -4.5% | -2.5% | -11.1% | 1.5% |
| ROE % | 2.3% | 3.8% | 5.6% | 2.3% | 15.2% | 14.6% | -4.9% | -4.3% | -12.0% | 1.0% |
| Debtor days | 57 | 12 | 12 | 23 | 37 | 35 | 84 | 1 | 16 | 21 |
| Inventory days | 93 | 76 | 87 | 68 | 75 | 64 | 107 | 111 | 267 | 18150 |
| Days payable | 90 | 42 | 30 | 29 | 36 | 25 | 53 | 31 | 449 | 0 |
| Cash conversion cycle | 60 | 46 | 69 | 62 | 76 | 75 | 138 | 82 | -166 | 18171 |
| OCF / EBITDA % | — | — | -159.4% | — | 30.9% | 18.4% | — | — | — | — |
| OCF / EBITDA % (3 years) | — | — | — | — | -8.9% | 22.0% | -22.4% | n.m. | — | — |
| Debt / equity | — | — | 0.00 | — | 0.00 | 0.0042 | 0.21 | 0.03 | — | — |
| Current ratio | 8.67 | 9.78 | 9.06 | 7.90 | 7.34 | 6.62 | 2.65 | 4.42 | 3.56 | 3.38 |
| Net debt / EBITDA | — | — | -7.04 | — | -1.66 | -0.90 | — | — | — | — |