Kirloskar Ferrous Industries Ltd
Kirloskar Ferrous Industries Ltd (KIRLFER)

Kirloskar Ferrous Industries Ltd (KIRLFER)

₹259.891.86%

Key Stats

₹253.3
Day's Price Range
₹261.9
₹183.2
52-Week Price Range
₹278
1 Month Return0.8 %
3 Month Return34.57 %
1 Year Return5.21 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 159
35.48
EPS
Rank 129
₹7.19
BVPS
Rank 96
₹127.26
Dividend Yield
Rank 134
ROE
Rank 24
34.78%
Price To Book Ratio
Rank 108
2
Debt To Asset
Rank 297

Company Information

Kirloskar Ferrous Industries Limited KFIL which was incorporated on 10th September 1991 to manufacture pig iron and ferrous castings. Business areas of the company encompass Grey Iron castings S.G Iron castings Steel Investment castings and Pig Iron. The product range includes Grey Iron castings: 1 kg 500 kg single piece weight S.G Iron castings: 1 Kg 70 Kg single piece weight Investment castings: 1 gram1 Kg single piece weight and Pig Iron: Foundry Grade S.G. Iron Grade Basic Grade. For the producing the all above the company having two manufacturing units in Bevinahalli Village Near Hospet and Solapur. KFIL had entered into a technical collaboration with M/s. Tata Kort Engineering Services Ltd in March of the year 1992 for its business purpose. The Companys commercial production of Pig Iron from Mini Blast Furnace I and 3.5 MW Power Plant1 using Blast Furnace Gas were started in the year 1994 and in the identical year KFIL had issued Initial Public Offer. The commercial production of Grey Iron castings came to line in the year of 1995. In the same year of 1995 KFIL had started to produce Mini Blast Furnace II. The company had obtained an ISO 9002 certification. The Companys 3.5 MW Power Plant2 was installed in the year of 1997. In 1997 Turbo Generator II was taken on lease with a capacity for the generation of 3.5 MW of power using Blast Furnace Gas. TG II was taken on lease. After a year in 1998 the company started supply of TG power to foundry. During the period of 19992000 KFIL had entered into a long term contract for pig iron with an institutional buyer and also secured a sales tax exemption for further two years. During the year 2000 the company entered into financial restructuring with IDBI and with other institutions namely IFCI IIBI GIC OIC LIC and NIA. In 2001 KFIL had received an ISO 9002 certification. After a year in 2002 an ISO 14000 certification was handed over to the company. KFIL had entered into one time settlement with Financial Institutions for the repayment of the high cost Loans in the year 2003. An ISO / TS 16949:2002 certification was added to the companys quality list in the year of 2005. KFIL had purchased the MBF II and TG I II in the year 2006 for its various purpose which were earlier taken on lease. During the year 2007 the company had acquired Solapur foundry from Kirloskar Oil Engines Ltd and also Hot Blast Stoves project for Mini Blast Furnace 1 was commissioned.
OrganisationKirloskar Ferrous Industries Ltd
HeadquartersPune
IndustrySteel