Key Financial Figures - Standalone (Q1 FY27 vs Q1 FY26)

  • Revenue: ₹1,771.5 Cr vs ₹1,698.1 Cr (4% YoY increase)
  • EBITDA (before exceptional items): ₹215.7 Cr vs ₹216.9 Cr (-1% YoY)
  • EBITDA Margin: 12.2% vs 12.8%
  • PBT (Before exceptional items): ₹134.4 Cr vs ₹127.2 Cr (6% YoY increase)
  • PAT: ₹82.3 Cr vs ₹235.5 Cr (-65% YoY)

Key Financial Figures - Consolidated (Q1 FY27 vs Q1 FY26)

  • Revenue: ₹1,771.5 Cr vs ₹1,698.1 Cr
  • EBITDA (before exceptional items): ₹215.7 Cr vs ₹216.8 Cr
  • EBITDA Margin: 12.2% vs 12.8%
  • PBT (Before exceptional items): ₹134.4 Cr vs ₹127.2 Cr
  • PAT: ₹82.3 Cr vs ₹238.0 Cr

Operational Highlights

  • Castings segment volume growth: 18% YoY
  • Steel segment volume growth: 13% YoY
  • Growth driven by robust demand in automotive and precision engineering sectors
  • Faced headwinds from firm coking coal prices
  • Planned moderation in the tubes segment

Management Commentary

Mr. R.V. Gumaste, Managing Director, commented that the company demonstrated operational resilience despite complex market conditions with mixed demand signals. Strategic focus included enhancing product mix and expanding market reach, with progress in value-added castings and new customer acquisitions in tubes business. The company will continue executing on five key strategic priorities with focus on cost leadership through green energy adoption and operational excellence. Ongoing efficiency projects and capacity enhancements are expected to strengthen market position.

Important Notes

  • All previous year's numbers are restated post the merger of Oliver Engineering Private Limited and Adicca Energy Solutions Private Limited with the Company
  • EBITDA calculation excludes other income and exceptional items
  • Document dated 5 August 2026, signed by Mayuresh Vinayak Gharpure, Company Secretary

Company Background

Kirloskar Ferrous Industries Limited, founded in 1991, is one of India's largest castings and pig iron manufacturers catering to tractors, automobiles and diesel engines sectors. Manufacturing facilities located at Koppal, Hiriyur, Solapur and Rajpura producing grey iron castings up to 1000 kg pieces and various grades of pig iron (SG iron grade, basic steel grade, foundry grade). The company has 3D printing facilities, coke oven manufacturing facility with waste-heat recovery power, and post-merger product range extends to ISMT Steel and seamless tubes.