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KIOCL Limited

KIOCL Limited

KIOCL.BO
KIOCL LimitedIN flagBombay Stock Exchange
386.95
INR
-0.60
- -
235.20BMarket Cap
KIOCL Limited
KIOCL.BO
(Bombay Stock Exchange)

Recent

price

386.95

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
27.71
21.95
15.39
20.05
8.39
2.9
13.25
24.75
29.73
30.96
38.2
49.46
25.39
30.51
9.72
- -
10.06
Revenue per Share
1.26
1.49
0.49
0.63
0.49
-1.26
0.76
1.28
1.78
0.7
4.87
5.16
-1.61
-1.37
-3.37
- -
0.27
Basic EPS, GAAP
-0.35
-1.75
-3.06
-1.53
-1.44
-0.79
-4.19
-1.61
-2.32
-0.69
0.9
-3.63
-12.06
-0.14
5.2
- -
- -
Free Cash Flow per Basic Share
0.1
0.2
0.35
0.12
0.15
0.12
0.13
0.64
0.96
1.6
0.7
2.62
0.79
- -
- -
- -
- -
Dividend per Share
10.49
10.03
10
10
10
10.01
10
10.96
11.66
10.9
14.91
17.7
15.3
13.93
10.56
- -
10
Book Value per Share
32.93
32.72
33.01
33.48
33.88
32.5
33.12
33.82
31.66
30.78
32.08
35.13
32.78
22.83
19.27
- -
19.46
Tangible Book Value per Share
605
633
635
635
635
635
635
635
630
622
618
608
608
608
608
- -
608
Basic Weighted Avg Shares
16,766
13,893
9,763
12,723
5,326
1,840
8,410
15,706
18,723
19,255
23,614
30,062
15,432
18,541
5,905
6,112
6,112
Sales/Revenue/Turnover
1.3
-1.71
-17.41
-7.84
-30.02
-145.05
-13.83
-3.76
3.25
-2.36
13.86
11.87
-11.69
-5.38
-40.63
-11.18
-8
Operating Margin (%)
301
375
424
423
325
225
220
187
193
275
275
312
253
274
395
392
194
Depreciation Expense
763
943
310
399
308
-801
479
815
1,119
435
3,012
3,134
-977
-833
-2,046
166
166
Net Income, GAAP
23.69
18.28
4
- -
1.42
- -
- -
5.35
39.25
31.72
26.59
23.75
- -
- -
- -
- -
1.86
Effective Tax Rate (%)
4.55
6.79
3.18
3.14
5.79
-43.55
5.7
5.19
5.97
2.26
12.75
10.43
-6.33
-4.49
-34.65
2.71
2.71
Profit Margin (%)
17,100
17,802
18,648
19,576
20,143
19,467
20,200
20,895
18,777
18,086
18,316
17,311
11,708
10,228
7,914
8,243
8,243
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
1,113
1,079
1,135
1,377
1,311
1,773
1,745
1,745
LT Debt
19,985
20,706
20,942
21,245
21,497
20,624
21,016
21,456
19,940
19,159
19,860
21,436
20,020
19,185
17,115
17,362
17,362
Total Equity
- -
-0.95
-7.82
- -
-7.3
- -
- -
-2.63
1.79
-1.53
11.49
12.44
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
14.86
4.89
- -
4.86
- -
- -
12.32
15.72
6.55
33.86
28.77
- -
- -
- -
- -
4.15
Return on Capital (%)
- -
14.86
4.89
6.29
4.86
-12.63
7.55
12.25
15.65
6.16
37.66
31.39
-9.74
-9.38
-27.49
2.65
2.65
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
159
- -
174
LT Borrowings
- -
- -
- -
LT Finance Leases
1,689
- -
1,745
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
608
- -
608
Market Capitalization
259,175
243,951
192,384

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
10,309
- -
11,710
Cash, Cash Equivalents & STI
7,545
- -
8,781
Accounts Receivable, Net
518
- -
354
Inventories
911
- -
1,401
Total Current Liabilities
2,934
- -
3,467
Payables & Accruals
- -
- -
- -
ST Debt
159
- -
174
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-1.55%
-2.44%
1.44%
Free Cash Flow
-415.17%
-852.38%
-83.06%
Net Income, GAAP
37.47%
-20.87%
-108.1%
Sales/Revenue/Turnover
42.26%
-13.17%
3.51%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,014
4,312
5,494
3,721
18,541
2025
1,474
159
1,805
2,467
5,905
2026
909
1,425
1,596
2,181
6,112

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.95
-0.35
0.64
- -
-1.37
2025
-0.83
-1.14
-0.79
-0.61
-3.37
2026
-0.62
-0.28
0.3
0.88
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
KIOCL Limited, established in 1976 and headquartered in Bengaluru, India, is a state-owned enterprise primarily engaged in iron ore mining, beneficiation, and production of iron ore pellets. The company operates through two main segments: Pellet and Pig Iron. It manufactures and sells iron ore pellets, used as feedstock in blast furnaces and direct reduction iron plants domestically and internationally, and produces pig iron. KIOCL additionally provides operation and maintenance services, mineral exploration, technical consultancy in beneficiation and pelletisation technology, and turnkey project execution. Its iron oxide pellets are noted for excellent chemical and physical properties, meeting global metallurgical standards. KIOCL's pellet production unit in Mangaluru, Karnataka, has an annual capacity of 3.5 million tonnes, alongside a pig iron manufacturing facility with a capacity of 216,000 tonnes per annum. In recent developments, KIOCL has embarked on major strategic realignments involving expanding its raw material base through the acquisition and development of the Devadari Iron Ore Mine, positioning production to commence by December 2025, thus securing a consistent ore supply. The company is undertaking a significant backward integration project by constructing a Coke Oven Plant, with substantial progress reported, aimed at reviving its Blast Furnace Unit to reduce raw material costs and boost operational efficiency. KIOCL is simultaneously advancing digitalization initiatives with ERP implementation and Industry 4.0 adoption to optimize operations. Further investments include a planned Ductile Iron Spun Pipe Plant to enter downstream product segments and upgrade environmental infrastructure such as sewage treatment and pollution control measures. These projects demonstrate KIOCL’s focus on operational continuity, cost optimization, enhanced product portfolio, and sustainability. KIOCL operates under the aegis of the Ministry of Steel, Government of India, and holds Miniratna Category-I status. Its products serve key steel manufacturing markets across India, Australia, China, Japan, Taiwan, Turkey, the United States, and multiple European countries. The company's export-oriented pellet production supports steel mills worldwide, emphasizing KIOCL’s international footprint. With a workforce of over 600 employees, KIOCL remains an ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified organization, reflecting its commitment to quality management, environmental stewardship, and occupational health and safety. Overall, KIOCL Limited delivers comprehensive iron ore mining, beneficiation, and pellet production services while expanding through strategic mining projects, integration of coke production, digital transformation, and entry into value-added downstream products to strengthen its market position domestically and globally. Its ongoing investments and operational improvements underpin its long-term growth strategy in the iron ore and steel raw material sector.