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Indian Metals and Ferro Alloys Limited

Indian Metals and Ferro Alloys Limited

NSE: IMFA
Other Industrial Metals & MiningBasic MaterialsSMALL CAPMCap ₹6.37k Cr
₹1,179.80₹-19.80 (-1.65%)

Market Closed • NSE

Market cap₹6.37k Cr
Enterprise value₹7.02k Cr
P/E TTM12.14
Forward P/E9.08
P/B2.34
EPS TTM₹97.18
Forward EPS₹130.00
D/E0.35
Dividend yield0.01%
52W high₹1,679.90
52W low₹1,064.10
Price chart(1Y)
1Y Return:-15.66% (₹219.10)
H: ₹1,541.5L: ₹1,139.9
1W-1.08%
1M-7.37%
3M-14.15%
6M-23.96%
1Y+7.82%
Today at a glance

Day range

₹1,176.10₹1,208.40

52 week range

₹1,064.10₹1,679.90
Volume81.5K1.07x 20D avg
Free float50.00%+7.40% volume

Indian Metals and Ferro Alloys Limited closed at INR1179.80 (-1.65%) on volume 1.07x its 20-day average, trading 29.77% below its 52-week high.

Technical analysis
RSI (14)38.9Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹38.10High
SMA 20₹1,205.20BEARISH
SMA 50₹1,293.48BEARISH
SMA 100₹1,345.83BEARISH
SMA 200₹1,342.73BEARISH
CPR bottom₹1,189.95
Pivot₹1,193.17
CPR top₹1,196.38
What changed recently?

2026-07-31

DIVIDEND Announced

Dividend - Rs 7.50 Per Share

2025-11-11

DIVIDEND Announced

Interim Dividend - Rs 5 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹957.5 Cr₹6.37k Cr15.04%≤ 33%PASS
Non-halal income ratio–₹2.83k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹4.28k Cr₹4.32k Cr99.21%≥ 20%PASS
Receivables ratio–₹4.32k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E12.1421.90
Forward P/E9.08—
P/B2.342.20
EV/EBITDA—18.00
PEG—1.00
Earnings yield8.204.60
Growth & profitability
RevenuePAT
FY23PAT margin 8.50%
FY24PAT margin 12.50%
FY25PAT margin 14.80%
FY26PAT margin 15.00%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+3.30%
Revenue CAGR 5Y+1.40%
PAT CAGR 3Y+3.90%
PAT CAGR 5Y+13.50%
Operating margin26.85%
Net margin16.67%
Financial health & cash flow
Net debt₹923.3 CrModerate
Interest coverage14.90xEBIT / interest
CFO / PAT0.75x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹318.1 Cr
Capital expenditure–
Free cash flow₹-101740.0 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall73/100
Valuation75/100
Profitability50/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.35x

Attractive Valuation: P/E of 12.1x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Other Industrial Metals & Mining.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
31 Jul 2026Dividend₹7.50 / share—31 Jul 2026
11 Nov 2025Dividend₹5.00 / share—11 Nov 2025
25 Jul 2025Dividend₹5.00 / share—25 Jul 2025
05 Feb 2025Dividend₹5.00 / share—05 Feb 2025
15 Nov 2024Dividend₹10.00 / share—14 Nov 2024
—Dividend₹7.50 / share—22 Jul 2024
08 Apr 2024Dividend₹15.00 / share—08 Apr 2024
10 Nov 2023Dividend₹7.50 / share—10 Nov 2023
—Dividend₹5.00 / share—21 Jul 2023
04 Nov 2022Dividend₹5.00 / share—03 Nov 2022
—Dividend₹7.50 / share—21 Jul 2022
10 Jan 2022Bonus issue1:1 bonus ratio—07 Jan 2022
09 Nov 2021Dividend₹5.00 / share—08 Nov 2021
—Dividend₹7.00 / share—20 Jul 2021
19 Feb 2021Dividend₹3.00 / share—17 Feb 2021
—Annual General MeetingAnnual General Meeting—15 Sept 2020
—Dividend₹5.00 / share—08 Jul 2019
—Dividend₹10.00 / share—09 Jul 2018
03 Apr 2018Dividend₹5.00 / share—28 Mar 2018
—Dividend₹10.00 / share—07 Jul 2017
15 Feb 2017Dividend₹10.00 / share—14 Feb 2017
—Annual General MeetingAnnual General Meeting—18 Jul 2016
—Dividend₹1.50 / share—15 Jul 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)49.90%+7.30% latest vs average
Highest delivery58.60%on 30 Sept
Average volume (20D)75.9KTrading-session average
Conviction trendStrengthening+7.30% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
UltraTech Cement Limited
UltraTech Cement LimitedULTRACEMCO
Open analysis
₹3.21L37.592.21%₹25,799.47₹2,982.76+11.86%+20.17%
JSW Steel Limited
JSW Steel LimitedJSWSTEEL
Open analysis
₹2.97L12.050.59%₹47,364.00₹4,651.00+11.55%+112.96%
Hindustan Zinc Limited
Hindustan Zinc LimitedHINDZINC
Open analysis
₹2.28L13.372.07%₹13,687.00₹5,425.00+77.22%+146.14%
Asian Paints Limited
Asian Paints LimitedASIANPAINT
Open analysis
₹2.24L46.941.17%₹10,541.94₹1,539.25+17.94%+39.96%
Tata Steel Limited
Tata Steel LimitedTATASTEEL
Open analysis
₹2.19L19.832.27%₹60,794.00₹2,385.00+14.32%+18.83%
Hindalco Industries Limited
Hindalco Industries LimitedHINDALCO
Open analysis
₹2.02L12.320.56%₹84,825.00₹7,013.00+32.06%+75.15%
Grasim Industries Limited
Grasim Industries LimitedGRASIM
Open analysis
₹1.98L34.820.35%₹11,794.71₹246.65-70.60%-82.61%
Solar Industries India Limited
Solar Industries India LimitedSOLARINDS
Open analysis
₹1.81L90.930.06%₹3,668.00₹666.00+70.29%+88.67%
About Indian Metals and Ferro Alloys Limited
Indian Metals and Ferro Alloys Limited

Indian Metals and Ferro Alloys Limited engages in the production and sale of ferro chrome in India and internationally. It operates through three segments: Ferro Alloys, Power, and Mining segments. The company operates a power generation plant with a total capacity of 204.55 MW, including 4.55 MWp from solar; and two chrome ore mines, as well as a manufacturing plant for low-density aggregates and fly ash bricks for use in road construction and cement manufacturing units. It offers its products to stainless steel manufacturers and international traders. Indian Metals and Ferro Alloys Limited was incorporated in 1961 and is headquartered in Bhubaneswar, India.

IndiaBasic Materials

Questions investors ask
Is Indian Metals and Ferro Alloys Limited Shariah compliant?

Indian Metals and Ferro Alloys Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (15.04%) complies with AAOIFI threshold (≤ 33%).

What is Indian Metals and Ferro Alloys Limited's current valuation relative to peers?

Indian Metals and Ferro Alloys Limited trades at a P/E of 12.1x compared to the sector median of 21.9x, and a Price-to-Book of 2.3x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.35x. Interest coverage is 14.9x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 1.4% while net profit growth averaged 13.5%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.