KFIL reports Q1 FY2027, Standalone Revenue at INR 1,771,
4% increase Year on Year, Net Profit at INR 82 Cr
Pune : Kirloskar Ferrous Industries Limited (BSE : 500245), one of the leading castings and pig iron manufacturers and a leading player in steel and seamless tubes in India, announced today its unaudited financial results for the first quarter of the financial year 2026-27.
Commenting on the Q1 FY 2027 results, Mr. R.V.Gumaste, Managing Director, KFIL, said
“This quarter, Kirloskar Ferrous has demonstrated its operational resilience by delivering a 4% year-over-year revenue growth, navigating a complex market with mixed demand signals. Our performance was anchored by the strong momentum in our Castings and Steel businesses, which saw volume growth of 18% and 13% respectively, driven by robust demand in the automotive and precision engineering sectors.
While we faced headwinds from firm coking coal prices and a planned moderation in the tubes segment, our strategic focus on enhancing product mix and expanding our market reach has been effective. We are particularly encouraged by the progress in our value-added castings and the new customer acquisitions in our tubes business.
Looking ahead, we will continue to execute on our five key strategic priorities, with a sharp focus on cost leadership through green energy adoption and operational excellence. We remain confident that our ongoing efficiency projects and capacity enhancements will strengthen our market position and drive sustainable value for our stakeholders.”
Review of Standalone Q1 FY 2027 Financial Performance:
| Rs. Cr | Q1 FY 27 | Q1 FY 26 | YoY |
| Revenue | 1,771.5 | 1,698.1 | 4% |
| EBITDA (before exceptional items)* | 215.7 | 216.9 | -1% |
| EBITDA Margin* | 12.2% | 12.8% | |
| PBT (Before exceptional items) | 134.4 | 127.2 | 6% |
| PAT | 82.3 | 235.5 | -65% |
Review of Consolidated Q1 FY 2027 Financial Performance:
| Rs. Cr | Q1 FY 27 | Q1 FY 26 | YoY |
| Revenue | 1,771.5 | 1,698.1 | 4% |
| EBITDA (before exceptional items)* | 215.7 | 216.8 | -1% |
| EBITDA Margin* | 12.2% | 12.8% | |
| PBT (Before exceptional items) | 134.4 | 127.2 | 6% |
| PAT | 82.3 | 238.0 | -65% |
*Excluding other income and exceptional items
Please note all the previous year’s numbers are restated post the merger of Oliver Engineering Private Limited and Adicca Energy Solutions Private Limited with the Company.
About Kirloskar Ferrous Industries Limited
Founded in 1991, Kirloskar Ferrous Industries Limited is one of India’s largest castings and pig iron manufacturers. The company caters to various industry sectors, such as tractors, automobiles and diesel engines. The manufacturing facilities at Koppal, Hiriyur, Solapur and Rajpura have the unique capability of producing a range of products that include grey iron castings up to 1000 kg pieces. The company also produces various grades of pig iron such as SG iron grade, basic steel grade and foundry grade. Kirloskar Ferrous Industries Limited is expanding its manufacturing capacities in pig iron and casting. The company has 3D printing facilities, enabling fast development of new products and capability ramp-ups. The company supplies fully machined castings and has added a coke oven manufacturing facility with waste-heat recovery power. With the merger, KFIL product range now extends to ISMT Steel and seamless tubes. ISMT pioneered seamless tube manufacturing in India and has made a place in the bearing, boiler tubes, automotive piping applications. Further, ISMT also has alloy steel manufacturing and is well known for bearing quality de-gassed quality steels and has replaced imports with made in India critical alloy steel.