Financial Performance Highlights

Standalone Results for FY2026:

  • Revenue from Operations: ₹6,888.57 crore (FY2025: ₹6,564.22 crore)
  • Total Income: ₹6,950.93 crore (FY2025: ₹6,613.91 crore)
  • Profit Before Tax: ₹494.17 crore (FY2025: ₹405.86 crore)
  • Profit After Tax: ₹504.74 crore (FY2025: ₹291.00 crore)
  • Earnings Per Share (Basic): ₹30.63 (FY2025: ₹17.69)
  • Earnings Per Share (Diluted): ₹30.53 (FY2025: ₹17.59)

Quarterly Standalone Results (Q4 FY2026):

  • Revenue from Operations: ₹1,817.17 crore (Q4 FY2025: ₹1,736.94 crore)
  • Profit Before Tax: ₹169.87 crore (Q4 FY2025: ₹123.68 crore)
  • Profit After Tax: ₹125.74 crore (Q4 FY2025: ₹91.54 crore)
  • Earnings Per Share (Basic): ₹7.63 (Q4 FY2025: ₹5.56)

Merger Implementation

The Scheme of Arrangement and Merger by Absorption of Oliver Engineering Private Limited and Adicca Energy Solutions Private Limited with Kirloskar Ferrous Industries Limited was sanctioned by NCLT Mumbai vide order dated June 2, 2026, effective from appointed date of April 1, 2025.

Accounting Treatment:

  • Merged using "Pooling of interest method" as per Appendix C of Ind AS 103
  • Unabsorbed depreciation and carried forward losses of transferor companies transferred to company
  • Recognized deferred tax asset of ₹141.28 crore as on April 1, 2025
  • Reversed current tax expense of ₹110.38 crore in updated financial results
  • Comparative financial information restated as if merger occurred from beginning of comparative period

Dividend Declaration

  • Interim Dividend of ₹3 per equity share (60%) declared on February 10, 2026, paid on March 2, 2026
  • Final Dividend of ₹3 per equity share (60%) recommended by Board on June 12, 2026 for approval at AGM

Exceptional Items

₹17.66 crore recorded in Q3 FY2026 (quarter ended December 31, 2025) due to impact of Labour Code implementation on gratuity and compensated absences following Government of India notification dated November 21, 2025.

Capital Structure Changes

Consequent to allotment of 66,260 Equity Shares pursuant to KFIL Employee Stock Option Schemes during the quarter, paid-up equity share capital increased to ₹82.46 crore comprising 164,921,643 equity shares of ₹5 each.

Debt and Financing

  • ₹300 crore raised through commercial paper issuance during quarter for working capital requirements
  • Total outstanding commercial papers as on March 31, 2026: ₹294.98 crore
  • Debt-Equity Ratio: 0.27 (March 2026) vs 0.37 (March 2025)

Segment Information

The company operates in three segments: Iron Castings, Tubes and Steel. Segment disclosure provided only in consolidated financial results as required by Ind AS 108.

Audit Details

Financial results audited by Kirtane & Pandit LLP and P G BHAGWAT LLP, with audit reports dated June 12, 2026. Previous report dated May 7, 2026 stands cancelled due to merger impact.

Key Financial Ratios (Standalone)

  • Debt Service Coverage Ratio: 2.23 (FY2026) vs 1.99 (FY2025)
  • Interest Service Coverage Ratio: 4.94 (FY2026) vs 3.81 (FY2025)
  • Current Ratio: 1.11 (March 2026) vs 1.06 (March 2025)
  • Operating Margin: 11.96% (FY2026) vs 11.52% (FY2025)
  • Net Profit Margin: 7.33% (FY2026) vs 4.43% (FY2025)