Kennametal India Ltd
Kennametal India Ltd (KENNAMET)

Kennametal India Ltd (KENNAMET)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return8.71 %
3 Month Return38.1 %
1 Year Return97.58 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 178
Rank 35
Rank 45
Dividend Yield
Rank 57
Rank 157
Price To Book Ratio
Rank 183
Debt To Asset
Rank 259

Company Information

Kennametal Widia India Ltd.formerly Widia India Ltd promoted by Meturit Switzerland associates of the Fried Krupp Widia Fabrik unit of Krupp group Germany and Sak Industries Switzerland. The companys collaborator Meturit Switzerland holds 88.16 stake. The company incorporated in 1964 manufactures hard metal products mining tools specialpurpose machines metal castings formings jigs and fixtures. It exports its products to Japan Germany and the southeast Asian countries. The company received the ISO 9001 certification in 1992. In 1994 the company was taken over by Cincinnati Milacron US.The companys wholly owned subsidiary Widaroc India was merged with the company with effect from Jan95.It has also introduced several new state of the art products. Some of them are new generation milling cutters new special solid carbide tools new generation coated inserts warming forging tools for bearing industry cold forgings dies for big auto components etc.During 200001 the company subdivided its equity share face value of Rs.10/ each into 2 equity shares of Rs 5/ each and the company upgraded the Oil Well Rock Roller Bits.The companys Mining and Construction Tools business was sold for a cash consideration of Rs.64.9 crores to Sandvik Smith A.B/ its subsidiary with effective from 1 March 2004. In the year 2005 the name of the company was changed from Kennametal Widia India Ltd to Kennametal India Limited.During 200405 the company has installed the Hard metal and hard metal products with the capacity of 210 MT and the company expanded its installed the capacity of Special purpose machines including accessories by 50 Nos. The installed capacity of Special purpose machines including accessories has increased to 125 Nos.
OrganisationKennametal India Ltd
IndustryCapital Goods-Non Electrical Equipment