Kalyani Steels Ltd
KSL

Kalyani Steels Ltd (KSL)

₹304.891.56%

Key Stats

₹302.05
Day's Price Range
₹308.55
₹265
52-Week Price Range
₹466.2
1 Month Return-7.01 %
3 Month Return2.35 %
1 Year Return-24.88 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 16
5.47
EPS
Rank 15
₹55.92
BVPS
Rank 8
₹263.75
Dividend Yield
Rank 5
2.36%
ROE
Rank 19
17.97%
Price To Book Ratio
Rank 15
1.16
Debt To Asset
Rank 64
0.29

Company Information

Kalyani Steels Limited KSL is a part of the over 2.1 billion Kalyani Group. Established in 1973 Kalyani Steels is one of the leading manufacturers of special carbon and alloy steels engineering and alloy steel ingots blooms and billets conforming to international standards. The facilities at KSL are at par with any sophisticated steel manufacturers in the world. An ISO 90012000 ISO 14001 TS 16949:2002 certified company. KSL operates its mines in Bellary region of Karnataka and the Captive coke plant is set up in Bellur Industrial Estate in Dharwad Karnataka. All the above integrated operations make KSL a self reliant special steel manufacture. During the year 1997 the company had set up its Ginegera Plant. The Company had entered into a technical and management consultancy contract with the Gulf Venture Company at Doha in the State of Qatar for processing scrap in the year 1979. In 1981 to manufacture 1 00000 sets of hydraulic air and air over hydraulic brakes and brake systems the Company promoted a new company under the name and style of Kalyani Brakes Ltd in collaboration with Bendix Group of Companies U.S.A. Chakrapani Investment Trader Ltd and Suryamukhi Investment Finance Ltd became wholly owned subsidiaries of the company in the year 1983. After two years in 1985 Laddle Furnace Vacuum Degassing Equipment was installed in the company. Dandakaranya Investment Trading Ltd. Dronacharya Investment Trading Ltd. Hastinapur Investment Trading Ltd. Cornflower Investment Finance Ltd. and Campamela Investment Finance Ltd. ceased to be subsidiaries with effect from 12th October of the year 1989. KSL embarked upon an integrated steel making project of 2 90000 tpa in the year 1995 at village Ginegera dist. Raichur in Karnataka. In 1997 the company made a joint venture agreement with Carpenter Technology Corporation USA for manufacture and marketing of speciality steels. The same joint venture had opened its first steel services centre in Pune district during the year 2000 to provide rapid delivery of stock anywhere throughout India. In 2004 the company had forged alliance with Gujarat NRE and also KSL had set up its Bharat NRE Coke at Dharwad. The Company had commenced its Sirguppa operations in the year 2005 and also in the same year KSL had started its Captive Power Plant at Ginegera. During the year 200607 Bharat NRE Coke Limited BNCL a company incorporated in terms of an agreement between Kalyani Steels Limited KSL and Gujarat NRE Coke Limited GNCL had commissioned Stamp Charging Equipment at Dharwad and also in the same period KSL had entered into an Agreements with SJK Steel Plant Limited SJK Steel and its Promoter and other shareholders to acquire substantial control of SJK Steel through purchase of Equity and Preference Share Capital of SJK Steel after restructuring of its capital as per Corporate Debt Restructuring Scheme CDR Scheme sanctioned by Financial Institutions / Banks and fulfillment of certain terms and conditions. In 2007 the company had acquired SJK Steel Plant at Tadipatri and also in the same year KSL had signed a Joint Venture Agreement with Gerdau S.A. Brazil to share the equity partnership of 45 each in SJK Steel Plant. The Kalyani Gerdau JV planned to enhance its capacity to 1.6 million TPA of finished steel in the next few years. KSL had inked a Memorandum of Understanding MoU with state industry and minerals officials for Rs 65 billion integrated steel and power project in West Bengal during February of the year 2008.
OrganisationKalyani Steels Ltd
HeadquartersPune
IndustrySteel