Kalyani Steels Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Attractively valued vs sector (P/E 15.2x vs industry 48.4x)
- Low debt relative to equity (D/E 0.2x)
Concerns
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HAL Hindustan Aeronautics Limited | ₹4,856 | ₹3.2L Cr | 34.8 | 7.91 | 24 | 32 | 0 |
| BEL Bharat Electronics Limited | ₹405 | ₹3.0L Cr | 48.2 | 12.36 | 27.4 | 36.4 | 0 |
| TMCV Tata Motors Limited | ₹475 −0.03% | ₹1.7L Cr | 22.7 | 10.71 | 34 | 35.9 | 0.44 |
| ABB ABB India Limited | ₹7,410 | ₹1.6L Cr | 102 | 16.8 | 22.4 | 29.9 | 0.02 |
| BHEL Bharat Heavy Electricals Limited | ₹431 | ₹1.5L Cr | 61.7 | 5.74 | 6.23 | 9.14 | 0.45 |
| SIEMENS Siemens Limited | ₹3,977 | ₹1.4L Cr | 94.2 | 10.22 | 19.2 | 21.4 | 0.01 |
| CGPOWER CG Power and Industrial Solutions Limited | ₹891 | ₹1.4L Cr | 110 | 17.61 | 20.5 | 26.7 | 0.02 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
KSL · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 64.70% | 64.70% | 64.70% | 64.70% | 64.70% | 64.70% |
| FII | 2.71% | 2.54% | 2.45% | 2.11% | 2.66% | 2.18% |
| DII | 9.37% | 12.18% | 12.03% | 12.13% | 10.83% | 10.49% |
| Public | 23.21% | 20.59% | 20.82% | 21.06% | 21.80% | 22.63% |
Corporate Events
To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters
Dividend - Rs 10 Per Sh
Dividend - Rs 10 Per Share
Annual General Meeting/Dividend - Rs 10 Per Share
Latest News
All newsKalyani Steels reports Q1 unaudited results
*Kalyani Steels reports Q1 unaudited results.* The company released its unaudited financial performance for the first quarter. Key metrics include **revenue of ₹1,250 crore** and **net profit of ₹42 crore**. Results reflect stable operations despite sectoral headwinds. 📊 *STOCKS:* $KSL | 🏢 *SECTOR:* Metals | #MEDIUMIMPACT #Earnings
Kalyani Group, FN Herstal in talks for defense JV
*Kalyani Group and Belgium’s FN Herstal are exploring a strategic joint venture for weapons manufacturing in India.* The move aims to establish a domestic production hub under India’s defense indigenization push. A formal agreement could boost KSL’s defense portfolio and export potential. 📊 *STOCKS:* $KSL | 🏢 *SECTOR:* Corporate | #MEDIUMIMPACT #Defense
Kalyani Steels holds postal ballot for general updates
*Kalyani Steels holds postal ballot for general updates.* The company conducted a postal ballot for routine corporate matters. No financial impact or major strategic shift disclosed. Shareholders to be informed post-proceedings. 📊 *STOCKS:* $KALYANISTEL | 🏢 *SECTOR:* Metals | #LOWIMPACT #CorporateAction
Kalyani Steels shares unchanged after postal ballot results disclosed
*Kalyani Steels shares unchanged after postal ballot results disclosed.* The company filed the scrutinizer’s report on the postal ballot with the exchange. Voting outcomes were announced, though details remain undisclosed. No immediate financial impact or strategic shift was indicated. 📊 *STOCKS:* $KSL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Shareholders
Kalyani Steels publishes mandatory newspaper notice
*Kalyani Steels publishes mandatory newspaper notice.* This is a routine corporate disclosure as per regulatory requirements. No financial or operational update provided. Such filings are standard and non-eventful for trading decisions. 📊 *STOCKS:* $KALYANISTEL | 🏢 *SECTOR:* Metals | #LOWIMPACT #CorporateFiling
Kalyani Steels publishes postal ballot intimation under SEBI norms
*Kalyani Steels publishes postal ballot intimation under SEBI norms.* This is a routine compliance requirement under SEBI LODR regulations. **No financial impact** is expected from this intimation. The announcement pertains to procedural disclosure of a postal ballot. 📊 *STOCKS:* KALYANISTEL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #SEBI
Kalyani Steels announces shareholders' meeting via postal ballot
Kalyani Steels Limited has announced a shareholders' meeting through postal ballot as per SEBI LODR Regulation 30. The notice pertains to a corporate action requiring shareholder approval. Specific agenda items not disclosed in the filing. *Impact expected to be minimal unless major resolution is proposed.* 📊 *STOCKS:* KSL | 🏢 *SECTOR:* Metals | #LOWIMPACT #ShareholdersMeeting
Kalyani Steels publishes IEPF notice in newspaper
*Kalyani Steels publishes IEPF notice in newspaper* to comply with investor education and protection fund regulations. The notice pertains to unclaimed dividends or shares transferred to IEPF. This is a routine regulatory requirement under the Companies Act. No financial impact is expected. 📊 *STOCKS:* KALYANISTEL | 🏢 *SECTOR:* Metals | #LOWIMPACT #IEPF
Kalyani Steels reminds investors of re-lodgement window for physical shares.
*Kalyani Steels reminds investors of re-lodgement window for physical shares.* The company has published a reminder for shareholders to re-lodge physical transfer and demat requests via a special window. This follows prior notices and is part of ongoing compliance. No financial impact is expected. 📊 *STOCKS:* KSL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Demat
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹462 Cr 1.3% | ₹456 Cr 2.9% | ₹443 Cr 18.6% | ₹544 Cr 12.4% | ₹484 Cr 1.6% | ₹492 Cr 6.7% | ₹461 Cr 2.7% | ₹449 Cr |
| Op. Profit | ₹92 Cr 8.2% | ₹85 Cr 0.0% | ₹85 Cr 25.4% | ₹114 Cr 37.3% | ₹83 Cr 13.5% | ₹96 Cr 21.5% | ₹79 Cr 18.6% | ₹97 Cr |
| OPM | 20.0% 5.3% | 19.0% 0.0% | 19.0% 9.5% | 21.0% 23.5% | 17.0% 15.0% | 20.0% 17.6% | 17.0% 22.7% | 22.0% |
| Net Profit | ₹62 Cr 1.6% | ₹63 Cr 1.6% | ₹62 Cr 22.5% | ₹80 Cr 42.9% | ₹56 Cr 16.4% | ₹67 Cr 28.8% | ₹52 Cr 28.8% | ₹73 Cr |
| EPS (₹) | 14.19 1.0% | 14.33 1.4% | 14.13 23.1% | 18.37 42.1% | 12.93 16.3% | 15.44 29.1% | 11.96 25.0% | 15.95 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.8K Cr 6.9% | ₹2.0K Cr 1.2% | ₹2.0K Cr 14.8% | ₹1.7K Cr 43.6% | ₹1.2K Cr 0.9% | ₹1.2K Cr 14.8% | ₹1.4K Cr 4.6% | ₹1.3K Cr 7.0% | ₹1.3K Cr 6.5% | ₹1.2K Cr |
| Expenses | ₹1.5K Cr 7.8% | ₹1.6K Cr 1.3% | ₹1.6K Cr 16.1% | ₹1.4K Cr 47.9% | ₹925 Cr 8.0% | ₹1.0K Cr 15.8% | ₹1.2K Cr 4.6% | ₹1.1K Cr 17.6% | ₹970 Cr 3.4% | ₹1.0K Cr |
| Op. Profit | ₹361 Cr 3.2% | ₹373 Cr 0.5% | ₹371 Cr 9.8% | ₹338 Cr 28.5% | ₹263 Cr 35.6% | ₹194 Cr 8.5% | ₹212 Cr 3.9% | ₹204 Cr 28.9% | ₹287 Cr 62.1% | ₹177 Cr |
| OPM | 20.0% 5.3% | 19.0% 0.0% | 19.0% 5.0% | 20.0% 9.1% | 22.0% 37.5% | 16.0% 6.7% | 15.0% 0.0% | 15.0% 34.8% | 23.0% 53.3% | 15.0% |
| Other Income | ₹52 Cr 5.5% | ₹55 Cr 12.2% | ₹49 Cr 5.8% | ₹52 Cr 20.9% | ₹43 Cr 87.0% | ₹23 Cr 8.0% | ₹25 Cr 47.1% | ₹17 Cr 21.4% | ₹14 Cr 77.0% | ₹61 Cr |
| Interest | ₹9 Cr 52.6% | ₹19 Cr 26.9% | ₹26 Cr 100.0% | ₹13 Cr 85.7% | ₹7 Cr 30.0% | ₹10 Cr 42.9% | ₹7 Cr 22.2% | ₹9 Cr 10.0% | ₹10 Cr 16.7% | ₹12 Cr |
| Depreciation | ₹57 Cr 9.5% | ₹63 Cr 3.3% | ₹61 Cr 32.6% | ₹46 Cr 4.5% | ₹44 Cr 2.3% | ₹43 Cr 13.2% | ₹38 Cr 2.7% | ₹37 Cr 28.8% | ₹52 Cr 0.0% | ₹52 Cr |
| PBT | ₹348 Cr 0.6% | ₹346 Cr 3.9% | ₹333 Cr 0.6% | ₹331 Cr 29.8% | ₹255 Cr 54.5% | ₹165 Cr 14.1% | ₹192 Cr 9.7% | ₹175 Cr 26.8% | ₹239 Cr 37.4% | ₹174 Cr |
| Tax % | 26.0% 0.0% | 26.0% 4.0% | 25.0% 0.0% | 25.0% 0.0% | 25.0% 31.6% | 19.0% 40.6% | 32.0% 5.9% | 34.0% 2.9% | 35.0% 0.0% | 35.0% |
| Net Profit | ₹258 Cr 0.8% | ₹256 Cr 2.8% | ₹249 Cr 0.4% | ₹248 Cr 30.5% | ₹190 Cr 41.8% | ₹134 Cr 2.3% | ₹131 Cr 13.9% | ₹115 Cr 26.3% | ₹156 Cr 38.1% | ₹113 Cr |
| EPS (₹) | 59.07 0.6% | 58.7 3.0% | 56.99 1.9% | 55.93 28.3% | 43.59 39.3% | 31.29 3.7% | 30.17 13.9% | 26.48 26.0% | 35.79 37.7% | 25.99 |
| Div Payout | 17.0% 0.0% | 17.0% 5.6% | 18.0% 0.0% | 18.0% 5.9% | 17.0% 6.3% | 16.0% 5.9% | 17.0% 10.5% | 19.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹22 Cr 0.0% | ₹22 Cr 0.0% | ₹22 Cr 0.0% | ₹22 Cr 0.0% | ₹22 Cr 0.0% | ₹22 Cr 0.0% | ₹22 Cr 0.0% | ₹22 Cr 0.0% | ₹22 Cr 0.0% | ₹22 Cr |
| Reserves | ₹1.9K Cr 4.2% | ₹1.9K Cr 12.8% | ₹1.7K Cr 23.2% | ₹1.3K Cr 19.0% | ₹1.1K Cr 20.2% | ₹941 Cr 8.4% | ₹868 Cr 13.8% | ₹763 Cr 12.4% | ₹679 Cr 19.8% | ₹567 Cr |
| Borrowings | ₹428 Cr 2.3% | ₹438 Cr 26.5% | ₹596 Cr 75.3% | ₹340 Cr 96.5% | ₹173 Cr 3360.0% | ₹5 Cr 80.0% | ₹25 Cr 85.8% | ₹176 Cr 28.2% | ₹245 Cr 25.1% | ₹327 Cr |
| Other Liabilities | ₹424 Cr 5.2% | ₹403 Cr 35.7% | ₹297 Cr 46.1% | ₹551 Cr 70.1% | ₹324 Cr 18.4% | ₹397 Cr 4.6% | ₹416 Cr 30.0% | ₹320 Cr 23.1% | ₹416 Cr 22.4% | ₹340 Cr |
| Total Liabilities | ₹2.8K Cr 3.3% | ₹2.7K Cr 6.2% | ₹2.6K Cr 14.0% | ₹2.3K Cr 36.8% | ₹1.6K Cr 21.0% | ₹1.4K Cr 2.4% | ₹1.3K Cr 4.1% | ₹1.3K Cr 6.0% | ₹1.4K Cr 8.4% | ₹1.3K Cr |
Assets | ||||||||||
| Fixed Assets | ₹652 Cr 3.8% | ₹678 Cr 7.6% | ₹734 Cr 105.0% | ₹358 Cr 6.3% | ₹382 Cr 8.6% | ₹418 Cr 1.2% | ₹423 Cr 3.2% | ₹437 Cr 0.2% | ₹436 Cr 20.0% | ₹545 Cr |
| CWIP | ₹490 Cr 14.2% | ₹429 Cr 12.6% | ₹381 Cr 147.4% | ₹154 Cr 1300.0% | ₹11 Cr 120.0% | ₹5 Cr 28.6% | ₹7 Cr 0.0% | ₹7 Cr 0.0% | ₹7 Cr 133.3% | ₹3 Cr |
| Investments | ₹3 Cr 0.0% | ₹3 Cr 92.7% | ₹41 Cr 72.1% | ₹147 Cr 2.1% | ₹144 Cr 18.6% | ₹177 Cr 50.7% | ₹359 Cr 32.0% | ₹272 Cr 20.4% | ₹226 Cr 24.9% | ₹181 Cr |
| Other Assets | ₹1.7K Cr 3.4% | ₹1.6K Cr 14.4% | ₹1.4K Cr 11.2% | ₹1.6K Cr 43.5% | ₹1.1K Cr 45.9% | ₹763 Cr 40.5% | ₹543 Cr 3.6% | ₹563 Cr 18.6% | ₹692 Cr 31.3% | ₹527 Cr |
| Total Assets | ₹2.8K Cr 3.3% | ₹2.7K Cr 6.2% | ₹2.6K Cr 14.0% | ₹2.3K Cr 36.8% | ₹1.6K Cr 21.0% | ₹1.4K Cr 2.4% | ₹1.3K Cr 4.1% | ₹1.3K Cr 6.0% | ₹1.4K Cr 8.4% | ₹1.3K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2009 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹382 Cr 18.3% | ₹323 Cr 10.8% | ₹362 Cr 483.9% | ₹62 Cr 75.9% | ₹257 Cr 10.1% | ₹286 Cr 49.7% | ₹191 Cr 25.7% | ₹152 Cr 5.0% | ₹160 Cr 63.3% | ₹98 Cr |
| Investing CF | ₹-135 Cr 55.6% | ₹-304 Cr 35.9% | ₹-474 Cr 109.7% | ₹-226 Cr 23.5% | ₹-183 Cr 57.8% | ₹-116 Cr 50.6% | ₹-77 Cr 102.6% | ₹-38 Cr 85.1% | ₹-255 Cr 286.4% | ₹-66 Cr |
| Financing CF | ₹-252 Cr 2420.0% | ₹-10 Cr 108.1% | ₹123 Cr 23.1% | ₹160 Cr 300.0% | ₹-80 Cr 55.8% | ₹-181 Cr 72.4% | ₹-105 Cr 7.1% | ₹-98 Cr 201.0% | ₹97 Cr 446.4% | ₹-28 Cr |
| Net Cash Flow | ₹-5 Cr 155.6% | ₹9 Cr 18.2% | ₹11 Cr 466.7% | ₹-3 Cr 50.0% | ₹-6 Cr 50.0% | ₹-12 Cr 220.0% | ₹10 Cr 37.5% | ₹16 Cr 700.0% | ₹2 Cr 33.3% | ₹3 Cr |
| Free Cash Flow | ₹357 Cr 241.1% | ₹-253 Cr 235.3% | ₹187 Cr 306.5% | ₹46 Cr 79.4% | ₹223 Cr 15.5% | ₹264 Cr 67.1% | ₹158 Cr 13.7% | ₹139 Cr 82.9% | ₹76 Cr 6.2% | ₹81 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2009 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 79d 1.3% | 78d 14.7% | 68d 11.7% | 77d 6.9% | 72d 10.0% | 80d 21.6% | 102d 24.4% | 135d 26.2% | 107d 114.0% | 50d |
| Inventory Days | 95d 2.2% | 93d 13.4% | 82d 15.5% | 71d 4.1% | 74d 4.2% | 71d 34.0% | 53d 34.6% | 81d 10.0% | 90d 8.4% | 83d |
| Days Payable | 97d 44.8% | 67d 61.0% | 172d 22.9% | 140d 23.9% | 184d 20.3% | 153d 73.9% | 88d 40.1% | 147d 22.5% | 120d 90.5% | 63d |
| Cash Conv. Cycle | 78d 25.7% | 105d 577.3% | -22d 414.3% | 7d 117.9% | -39d 3800.0% | -1d 101.5% | 67d 2.9% | 69d 10.4% | 77d 10.0% | 70d |
| Working Capital Days | 1d 75.0% | 4d 122.2% | -18d 63.6% | -11d 200.0% | 11d 57.7% | 26d 8.3% | 24d 11.1% | 27d 10.0% | 30d 57.7% | 71d |
| ROCE | 16.0% | — | 23.0% 0.0% | 23.0% 27.8% | 18.0% 10.0% | 20.0% 5.3% | 19.0% 29.6% | 27.0% | — | 4.0% |
Source: Screener.in · Lower days = better efficiency