As of 6 Nov 2026, KIOCL trades at 276.7× trailing earnings, above the industry P/E of 19.9×, and the shares are 24% below their 52-week high. Its ROCE of 1.3% is the lowest among the 7 largest Steel peers, and sales fell 27% a year over 3 years, though net profit is above operating profit, which points to a one-off gain. Debt is 0.11× equity. It is a small-cap company with a market cap of ₹20,344 Cr, ranked 11th of 150 Steel companies by market cap; the shares fell 20% over the past year.
- ₹340.00
- ₹342.65
- ₹331.30
- ₹339.65
- 63.6K
Health check
- ReturnsBehind
−20.0% over a year, better than 0 of 7 peers.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthShrinking
Sales −26.6% a year over 3 years.
- ProfitabilityWeak
ROCE 1.3% vs peer median 18.7%.
- Balance sheetFair
Debt 0.11× equity, interest covered 1.8×, Piotroski 8 of 9.
- Red flags4 to check
Return on equity is low at 1.0%.
Small cap
Defensive
Key metrics
- Market cap
- ₹20,344 Cr
- Small cap
- P/E
- 276.7
- Industry 19.9
- Price to book
- 11.72
- Peers 2.28
- Dividend yield
- 0.00%
- ROE
- 1.0%
- Peers 23.4%
- ROCE
- 1.3%
- Peers 18.7%
- Debt to equity
- 0.11
- Debt ₹192 Cr
- EPS (TTM)
- ₹1.21
- Face value ₹10
- OPM (TTM)
- −1.8%
- Net margin 5.7%
- Sales growth
- +73.8%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 29.90
- EV/EBITDA −2191.0
Strengths and risks
Strengths
- Quarterly sales up 73.8% on a year ago.
Risks to check
- Return on equity is low at 1.0%.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- P/E of 276.7 against an industry P/E of 19.9.
- Interest coverage of only −1.8×.
About KIOCL
KIOCL Limited engages in the iron ore mining, beneficiation, and production of pellets in India. The company operates through two segments, Pellet and Pig Iron. It produces and sells iron ore pellets, pig iron, and iron ore fines. The company also provides operation and maintenance services, as well as mineral exploration services. It serves steel and metallurgy, automotive and transportation, mining and mineral resources, infrastructure and construction,…
- Headquarters
- Bengaluru
- Employees
- 474
- Sector
- Basic Materials
- ISIN
- INE880L01014
- Website
- kioclltd.in
Price range
- Avg volume (3M)
- 90.5K
- 1-year return
- minus 20.0%
- From 52-week high
- minus 24.3%
Peers · Steel
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| JSWSTEELJSW Steel | 1,357.10 | plus 0.11% | 3,31,265 | 11.7 | 12.2 | 18.7% | 17.7% | 0.62 | 3.6% | plus 14.7% |
| TATASTEELTata Steel | 186.30 | plus 2.36% | 2,32,397 | 21.1 | 9.1 | 11.3% | 15.2% | 0.89 | −1.6% | plus 1.5% |
| JINDALSTELJindal Steel | 1,165.00 | plus 1.31% | 1,18,594 | 41.5 | 14.9 | 7.5% | 15.9% | 0.42 | −13.1% | plus 6.4% |
| LLOYDSMELloyds Metals And Energy | 1,785.50 | minus 1.38% | 1,00,482 | 19.1 | 18.8 | 19.4% | 37.4% | 1.23 | 71.3% | plus 37.4% |
| SAILSteel Authority of India | 171.60 | minus 0.41% | 70,880 | 12.6 | 8.1 | 7.2% | 12.9% | 0.50 | 2.0% | plus 24.7% |
| NMDCNMDC | 70.40 | minus 0.01% | 61,894 | 8.3 | 6.2 | 28.4% | 30.0% | 0.19 | 22.0% | minus 5.2% |
| APLAPOLLOAPL Apollo Tubes | 2,185.30 | minus 0.41% | 60,677 | 46.3 | 32.7 | 28.0% | 8.2% | 0.17 | 12.6% | plus 23.3% |
| KIOCLKIOCL | 334.75 | minus 1.44% | 20,344 | 276.7 | – | 1.3% | −1.8% | 0.11 | −26.6% | minus 20.0% |
| Median of 7 peers | – | −0.01% | 1,00,482 | 19.1 | 12.2 | 18.7% | 15.9% | 0.50 | 3.6% | 14.7% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 90.9 | 143 | 160 | 218 | 158 | |
| 143 | 153 | 149 | 196 | 193 | |
| −52 | −10.4 | 10.6 | 22.3 | −34.8 | |
| −57.2% | −7.3% | 6.7% | 10.2% | −22.0% | |
| 17.2 | 18.2 | 15.7 | 35.7 | 22.5 | |
| 3.6 | 3.6 | 3.6 | 3.6 | 3.6 | |
| – | 9.8 | 9.6 | – | – | |
| – | −11.5 | – | – | – | |
| −38.5 | −17.2 | 13.1 | 54.4 | −16 | |
| 1.8% | −0.1% | −38.1% | 1.9% | 2.9% | |
| −37.8 | −17.2 | 18.1 | 53.4 | −15.5 | |
| -0.62 | 0.28 | 0.30 | 0.88 | -0.25 |
Profit & loss
- Sales CAGR 3Y
- −26.6%
- ROE
- 1.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,543 | 1,854 | 590 | 611 | |
| – | +20.1% | minus 68.2% | +3.5% | |
| 1,698 | 1,926 | 789 | 637 | |
| −155 | −72.4 | −199 | −25.9 | |
| −10.1% | −3.9% | −33.6% | −4.2% | |
| 66.5 | 48.7 | 47.6 | 89.2 | |
| 13.6 | 14.3 | 15.3 | 14.6 | |
| 25.3 | 27.4 | 39.5 | 39.2 | |
| 4.8 | 1.7 | 0.8 | 2.4 | |
| −123 | −63.7 | −205 | 11.9 | |
| 20.4% | −30.8% | 0.2% | −39.3% | |
| −97.7 | −83.3 | −205 | 16.6 | |
| -1.61 | -1.37 | -3.37 | 0.27 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 608 | 608 | 608 | 608 | |
| 1,394 | 1,311 | 1,104 | 1,128 | |
| 537 | 180 | 193 | 192 | |
| 399 | 340 | 384 | 415 | |
| 2,938 | 2,438 | 2,288 | 2,343 | |
| 974 | 514 | 581 | 552 | |
| 173 | 155 | 169 | 171 | |
| – | 17.2 | 13 | 14.5 | |
| 300 | 456 | 729 | 825 | |
| 1,491 | 1,296 | 796 | 780 | |
| 2,938 | 2,438 | 2,288 | 2,343 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −309 | 105 | 343 | 79 | |
| 129 | −127 | −308 | −57.2 | |
| 337 | −372 | −80 | −16 | |
| 157 | −395 | −44.6 | 5.8 | |
| −423 | −113 | −27.3 | −25.5 | |
| −733 | −8.5 | 316 | 53.5 | |
| −48 | – | – | – |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.