Indian Metals & Ferro Alloys Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Strong return on equity (ROE 17%)
- ✓Efficient capital deployment (ROCE 21.3%)
- ✓Attractively valued vs sector (P/E 22x vs industry 31.8x)
- ✓Low debt relative to equity (D/E 0.2x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIENT Adani Enterprises Limited | ₹2,408 | ₹3.1L Cr | 98.7 | 3.84 | 4.84 | 6 | 2.03 |
| JSWSTEEL JSW Steel Limited | ₹1,265 | ₹3.1L Cr | 39.6 | 3.73 | 4.94 | 8.11 | 1.22 |
| TATASTEEL Tata Steel Limited | ₹211 | ₹2.6L Cr | 27 | 2.78 | 3.89 | 8.83 | 1.01 |
| HINDZINC Hindustan Zinc Limited | ₹596 | ₹2.5L Cr | 18.2 | 11.12 | 76.8 | 69.6 | 0.39 |
| HINDALCO Hindalco Industries Limited | ₹1,038 | ₹2.3L Cr | 13.5 | 1.73 | 14 | 14.8 | 0.56 |
| JINDALSTEL JINDAL STEEL LIMITED | ₹1,223 | ₹1.2L Cr | 31 | 2.45 | 8.22 | 9.7 | 0.39 |
| VEDL Vedanta Limited | ₹272 | ₹1.1L Cr | 12.3 | 2.14 | 19 | 16.5 | 2.12 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
IMFA · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 58.69% | 58.69% | 58.69% | 58.69% | 58.69% | 58.69% |
| FII | 2.93% | 2.88% | 2.89% | 3.10% | 4.04% | 3.81% |
| DII | 0.10% | 0.10% | 1.36% | 0.92% | 0.82% | 0.81% |
| Public | 38.29% | 38.34% | 37.06% | 37.30% | 36.45% | 36.69% |
Corporate Events
Interim Dividend - Rs 5 Per Share
Dividend - Rs 5 Per Share
Interim Dividend - Rs 5 Per Share
Interim Dividend - Rs 10 Per Share
Record: 14 Nov 2024
Annual General Meeting/Dividend - Rs 7.50 Per Share
Special Dividend - Rs 15 Per Share
Interim Dividend - Rs 7.50 Per Share
Annual General Meeting/Dividend - Rs 5 Per Share
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹703 Cr ▼2.2% | ₹719 Cr ▲12.0% | ₹642 Cr ▲13.2% | ₹567 Cr ▼11.8% | ₹643 Cr ▼7.1% | ₹692 Cr ▲4.5% | ₹662 Cr ▼5.6% | ₹701 Cr |
| Op. Profit | ₹164 Cr ▲18.8% | ₹138 Cr ▲10.4% | ₹125 Cr ▲76.1% | ₹71 Cr ▼44.5% | ₹128 Cr ▼24.7% | ₹170 Cr ▲5.6% | ₹161 Cr ▲53.3% | ₹105 Cr |
| OPM | 23.0% ▲21.1% | 19.0% ▼5.0% | 20.0% ▲66.7% | 12.0% ▼40.0% | 20.0% ▼20.0% | 25.0% ▲4.2% | 24.0% ▲60.0% | 15.0% |
| Net Profit | ₹131 Cr ▲33.7% | ₹98 Cr ▲5.4% | ₹93 Cr ▲97.9% | ₹47 Cr ▼49.5% | ₹93 Cr ▼25.6% | ₹125 Cr ▲10.6% | ₹113 Cr ▲213.9% | ₹36 Cr |
| EPS (₹) | 24.33 ▲34.6% | 18.07 ▲5.6% | 17.11 ▲95.1% | 8.77 ▼49.3% | 17.3 ▼25.3% | 23.17 ▲10.6% | 20.95 ▲220.3% | 6.54 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2.6K Cr ▼7.7% | ₹2.8K Cr ▲3.9% | ₹2.7K Cr ▲2.8% | ₹2.6K Cr ▲41.2% | ₹1.8K Cr ▲14.4% | ₹1.6K Cr ▼1.3% | ₹1.6K Cr ▼7.5% | ₹1.8K Cr ▲5.6% | ₹1.7K Cr |
| Expenses | ₹2.0K Cr ▼7.3% | ₹2.2K Cr ▲0.2% | ₹2.2K Cr ▲22.0% | ₹1.8K Cr ▲19.0% | ₹1.5K Cr ▼1.1% | ₹1.5K Cr ▲11.9% | ₹1.4K Cr ▲2.1% | ₹1.3K Cr ▲15.0% | ₹1.2K Cr |
| Op. Profit | ₹531 Cr ▼9.5% | ₹587 Cr ▲20.3% | ₹488 Cr ▼39.8% | ₹810 Cr ▲139.6% | ₹338 Cr ▲279.8% | ₹89 Cr ▼67.3% | ₹272 Cr ▼37.0% | ₹432 Cr ▼15.8% | ₹513 Cr |
| OPM | 21.0% ▲0.0% | 21.0% ▲16.7% | 18.0% ▼41.9% | 31.0% ▲72.2% | 18.0% ▲200.0% | 6.0% ▼64.7% | 17.0% ▼29.2% | 24.0% ▼22.6% | 31.0% |
| Other Income | ₹66 Cr ▲57.1% | ₹42 Cr ▲366.7% | ₹9 Cr ▼47.1% | ₹17 Cr ▼66.0% | ₹50 Cr ▲138.1% | ₹21 Cr ▲133.9% | ₹-62 Cr ▼329.6% | ₹27 Cr ▼43.8% | ₹48 Cr |
| Interest | ₹28 Cr ▼20.0% | ₹35 Cr ▼47.0% | ₹66 Cr ▲11.9% | ₹59 Cr ▲7.3% | ₹55 Cr ▼43.3% | ₹97 Cr ▲3.2% | ₹94 Cr ▲25.3% | ₹75 Cr ▼9.6% | ₹83 Cr |
| Depreciation | ₹55 Cr ▼29.5% | ₹78 Cr ▼27.1% | ₹107 Cr ▼2.7% | ₹110 Cr ▲5.8% | ₹104 Cr ▲0.0% | ₹104 Cr ▲6.1% | ₹98 Cr ▼3.0% | ₹101 Cr ▼7.3% | ₹109 Cr |
| PBT | ₹514 Cr ▼0.4% | ₹516 Cr ▲59.3% | ₹324 Cr ▼50.8% | ₹658 Cr ▲188.6% | ₹228 Cr ▲350.5% | ₹-91 Cr ▼578.9% | ₹19 Cr ▼93.3% | ₹283 Cr ▼23.3% | ₹369 Cr |
| Tax % | 26.0% ▼21.2% | 33.0% ▲10.0% | 30.0% ▲30.4% | 23.0% ▼14.8% | 27.0% ▲200.0% | -27.0% ▼126.2% | 103.0% ▲202.9% | 34.0% ▲3.0% | 33.0% |
| Net Profit | ₹379 Cr ▲10.2% | ₹344 Cr ▲52.2% | ₹226 Cr ▼55.5% | ₹508 Cr ▲204.2% | ₹167 Cr ▲353.0% | ₹-66 Cr ▼6500.0% | ₹-1 Cr ▼100.5% | ₹187 Cr ▼24.9% | ₹249 Cr |
| EPS (₹) | 70.19 ▲10.2% | 63.68 ▲52.5% | 41.75 ▼55.6% | 94.01 ▲204.8% | 30.84 ▲350.5% | -12.31 ▼6378.9% | -0.19 ▼100.6% | 34.46 ▼25.2% | 46.1 |
| Div Payout | 28.0% ▲133.3% | 12.0% ▼50.0% | 24.0% ▲84.6% | 13.0% ▼18.8% | 16.0% | 0.0% ▲100.0% | -1323.0% ▼6113.6% | 22.0% ▲0.0% | 22.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹54 Cr ▲0.0% | ₹54 Cr ▲0.0% | ₹54 Cr ▲0.0% | ₹54 Cr ▲0.0% | ₹54 Cr ▲100.0% | ₹27 Cr ▲0.0% | ₹27 Cr ▲0.0% | ₹27 Cr ▲0.0% | ₹27 Cr ▲0.0% | ₹27 Cr |
| Reserves | ₹2.5K Cr ▲7.1% | ₹2.3K Cr ▲11.8% | ₹2.1K Cr ▲12.8% | ₹1.8K Cr ▲9.5% | ₹1.7K Cr ▲36.7% | ₹1.2K Cr ▲14.9% | ₹1.1K Cr ▼7.5% | ₹1.1K Cr ▼3.9% | ₹1.2K Cr ▲14.7% | ₹1.0K Cr |
| Borrowings | ₹435 Cr ▲11.8% | ₹389 Cr ▲64.1% | ₹237 Cr ▼30.5% | ₹341 Cr ▼30.4% | ₹490 Cr ▼27.8% | ₹679 Cr ▼4.8% | ₹713 Cr ▼6.9% | ₹766 Cr ▼6.8% | ₹822 Cr ▼9.7% | ₹910 Cr |
| Other Liabilities | ₹450 Cr ▲2.0% | ₹441 Cr ▼22.8% | ₹571 Cr ▲29.8% | ₹440 Cr ▼28.6% | ₹616 Cr ▼0.6% | ₹620 Cr ▲0.5% | ₹617 Cr ▼14.2% | ₹719 Cr ▲17.1% | ₹614 Cr ▲15.8% | ₹530 Cr |
| Total Liabilities | ₹3.4K Cr ▲6.9% | ₹3.2K Cr ▲9.1% | ₹2.9K Cr ▲9.8% | ₹2.7K Cr ▼5.9% | ₹2.8K Cr ▲11.0% | ₹2.5K Cr ▲5.3% | ₹2.4K Cr ▼9.1% | ₹2.7K Cr ▲0.1% | ₹2.7K Cr ▲5.9% | ₹2.5K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹1.1K Cr ▲0.1% | ₹1.1K Cr ▲5.3% | ₹997 Cr ▲0.7% | ₹990 Cr ▼10.9% | ₹1.1K Cr ▼3.8% | ₹1.2K Cr ▼5.0% | ₹1.2K Cr ▲3.3% | ₹1.2K Cr ▼6.3% | ₹1.3K Cr ▼1.5% | ₹1.3K Cr |
| CWIP | ₹197 Cr ▲162.7% | ₹75 Cr ▼3.8% | ₹78 Cr ▲11.4% | ₹70 Cr ▼73.8% | ₹267 Cr ▲7.7% | ₹248 Cr ▼6.1% | ₹264 Cr ▼13.2% | ₹304 Cr ▲11.4% | ₹273 Cr ▲15.7% | ₹236 Cr |
| Investments | ₹1.0K Cr ▲10.9% | ₹909 Cr ▲144.4% | ₹372 Cr ▲40.9% | ₹264 Cr ▲70.3% | ₹155 Cr ▲29.2% | ₹120 Cr ▲263.6% | ₹33 Cr ▼52.2% | ₹69 Cr ▼53.4% | ₹148 Cr ▼8.1% | ₹161 Cr |
| Other Assets | ₹1.1K Cr ▼0.3% | ₹1.1K Cr ▼22.0% | ₹1.5K Cr ▲10.2% | ₹1.3K Cr ▲3.1% | ₹1.3K Cr ▲26.6% | ₹1.0K Cr ▲13.1% | ₹901 Cr ▼18.4% | ₹1.1K Cr ▲13.3% | ₹974 Cr ▲17.1% | ₹832 Cr |
| Total Assets | ₹3.4K Cr ▲6.9% | ₹3.2K Cr ▲9.1% | ₹2.9K Cr ▲9.8% | ₹2.7K Cr ▼5.9% | ₹2.8K Cr ▲11.0% | ₹2.5K Cr ▲5.3% | ₹2.4K Cr ▼9.1% | ₹2.7K Cr ▲0.1% | ₹2.7K Cr ▲5.9% | ₹2.5K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹585 Cr ▲27.2% | ₹460 Cr ▲204.6% | ₹151 Cr ▼61.3% | ₹390 Cr ▲88.4% | ₹207 Cr ▼6.3% | ₹221 Cr ▲1.8% | ₹217 Cr ▼25.2% | ₹290 Cr ▼40.2% | ₹485 Cr ▲122.5% | ₹218 Cr |
| Investing CF | ₹-562 Cr ▼168.9% | ₹-209 Cr ▼249.3% | ₹140 Cr ▲232.1% | ₹-106 Cr ▲0.0% | ₹-106 Cr ▼116.3% | ₹-49 Cr ▼58.1% | ₹-31 Cr ▲64.8% | ₹-88 Cr ▲45.7% | ₹-162 Cr ▼60.4% | ₹-101 Cr |
| Financing CF | ₹-68 Cr ▲67.1% | ₹-207 Cr ▲28.9% | ₹-291 Cr ▼2.5% | ₹-284 Cr ▼186.9% | ₹-99 Cr ▲45.6% | ₹-182 Cr ▲2.7% | ₹-187 Cr ▲2.1% | ₹-191 Cr ▲40.7% | ₹-322 Cr ▼100.0% | ₹-161 Cr |
| Net Cash Flow | ₹-44 Cr ▼200.0% | ₹44 Cr ▲4300.0% | ₹1 Cr | ₹0 Cr ▼100.0% | ₹2 Cr ▲118.2% | ₹-11 Cr ▼450.0% | ₹-2 Cr ▼120.0% | ₹10 Cr ▲400.0% | ₹2 Cr ▲104.5% | ₹-44 Cr |
| Free Cash Flow | ₹471 Cr ▲35.7% | ₹347 Cr ▼10.3% | ₹387 Cr ▲27.7% | ₹303 Cr ▲66.5% | ₹182 Cr ▲43.3% | ₹127 Cr ▲12.4% | ₹113 Cr ▼34.7% | ₹173 Cr ▼60.9% | ₹443 Cr ▲238.2% | ₹131 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 16d ▼11.1% | 18d ▲50.0% | 12d ▼40.0% | 20d ▲11.1% | 18d ▲157.1% | 7d ▼36.4% | 11d ▼15.4% | 13d ▼13.3% | 15d ▲275.0% | 4d |
| Inventory Days | 264d ▲17.9% | 224d ▲38.3% | 162d ▼21.7% | 207d ▲19.0% | 174d ▲3.6% | 168d ▼34.4% | 256d ▲33.3% | 192d ▲9.1% | 176d ▼0.6% | 177d |
| Days Payable | 70d ▼20.5% | 88d ▲69.2% | 52d ▲6.1% | 49d ▼33.8% | 74d ▲2.8% | 72d ▼43.8% | 128d ▲45.5% | 88d ▲44.3% | 61d ▼17.6% | 74d |
| Cash Conv. Cycle | 210d ▲37.3% | 153d ▲25.4% | 122d ▼31.5% | 178d ▲50.8% | 118d ▲14.6% | 103d ▼26.4% | 140d ▲19.7% | 117d ▼10.0% | 130d ▲21.5% | 107d |
| Working Capital Days | 41d ▼42.3% | 71d ▼4.1% | 74d ▲469.2% | 13d ▲750.0% | -2d ▲93.1% | -29d ▼262.5% | -8d ▼166.7% | 12d ▲1100.0% | 1d ▲102.6% | -39d |
| ROCE | 21.0% ▼12.5% | 24.0% ▲33.3% | 18.0% ▼47.1% | 34.0% ▲142.9% | 14.0% | 0.0% ▼100.0% | 9.0% ▼47.1% | 17.0% ▼26.1% | 23.0% ▲2200.0% | 1.0% |
Source: Screener.in · Lower days = better efficiency
About Indian Metals & Ferro Alloys Limited
Indian Metals and Ferro Alloys Limited (IMFA) is a leading, fully integrated producer of Ferro Chrome in India which is primarily used in the production of stainless steel. It was set up in 1961. [1]
Metals & Mining · Ferrous Metals