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Kalyani Steels Limited

Kalyani Steels Limited

NSE: KSL
SteelBasic MaterialsSMALL CAPMCap ₹4.14k Cr
₹947.40₹0.45 (+0.05%)

Market Closed • NSE

Market cap₹4.14k Cr
Enterprise value₹3.79k Cr
P/E TTM15.64
Forward P/E11.21
P/B1.96
EPS TTM₹60.57
Forward EPS₹84.55
ROCE14.80%
D/E0.23
Dividend yield0.01%
Face value₹5.00
52W high₹1,032.90
52W low₹574.00
Price chart(1Y)
1Y Return:+17.33% (+₹139.90)
H: ₹1,032.9L: ₹780.2
1W-4.61%
1M-2.39%
3M+5.23%
6M+19.74%
1Y+15.59%
Today at a glance

Day range

₹936.30₹967.05

52 week range

₹574.00₹1,032.90
Volume36.3K0.30x 20D avg
Free float50.00%-69.50% volume

Kalyani Steels Limited closed at INR947.40 (+0.05%) on volume 0.3x its 20-day average, trading 8.28% below its 52-week high.

Technical analysis
RSI (14)50.3Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹38.95High
SMA 20₹954.82BEARISH
SMA 50₹920.12BULLISH
SMA 100₹891.77BULLISH
SMA 200₹815.55BULLISH
CPR bottom₹957.80
Pivot₹954.18
CPR top₹950.57
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -5.6% QoQ

2026-07-31

DIVIDEND Announced

Dividend - Rs 10 Per Share

2025-08-11

DIVIDEND Announced

Dividend - Rs 10 Per Sh

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹475.0 Cr₹4.14k Cr11.49%≤ 33%PASS
Non-halal income ratio–₹1.85k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹2.92k Cr₹3.00k Cr97.44%≥ 20%PASS
Receivables ratio–₹3.00k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E15.6421.90
Forward P/E11.21—
P/B1.962.20
EV/EBITDA—18.00
PEG—1.00
Earnings yield6.404.60
Growth & profitability
RevenuePAT
FY25PAT margin 12.90%
FY26PAT margin 14.00%

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

Revenue CAGR 3Y-2.30%
Revenue CAGR 5Y-1.40%
PAT CAGR 3Y+0.20%
PAT CAGR 5Y+0.10%
Operating margin16.75%
Net margin14.16%
Financial health & cash flow
Net debt₹398.3 CrModerate
Interest coverage35.20xEBIT / interest
CFO / PAT0.55x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹140.8 Cr
Capital expenditure–
Free cash flow₹79.3 Cr
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
Valuation60/100
Profitability65/100
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 0.23x

Attractive Valuation: P/E of 15.6x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Steel.

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.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

70%47%23%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
12.96%Institutional holding
22.33%Public holding
5Periods available
0.00%Promoter pledged
44.84KShareholders
Corporate Action

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

Record dateCorporate actionInformationAnnouncement dateEx-date
31 Jul 2026Dividend₹10.00 / share—31 Jul 2026
11 Aug 2025Dividend₹10.00 / share—11 Aug 2025
—Dividend₹10.00 / share—14 Aug 2024
—Dividend₹10.00 / share—11 Aug 2023
—Dividend₹10.00 / share—22 Jul 2022
—Dividend₹7.50 / share—26 Aug 2021
13 Mar 2020Dividend₹5.00 / share—12 Mar 2020
—Dividend₹5.00 / share—16 Aug 2019
—Dividend₹5.00 / share—10 Aug 2018
—Dividend₹5.00 / share—24 Jul 2017
—Annual General MeetingAnnual General Meeting—09 Aug 2016
—Annual General MeetingAnnual General Meeting—11 Aug 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)49.35%-1.81% latest vs average
Highest delivery61.29%on 14 Oct
Average volume (20D)119.3KTrading-session average
Conviction trendWeakening-1.81% 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 Kalyani Steels Limited
Kalyani Steels Limited

Kalyani Steels Ltd, a Kalyani Group specialty-steel company, manufactures forging and engineering-quality carbon /alloy-steel long products through the blast-furnace route. Its integrated Ginigera, Karnataka plant supplies critical grades for automotive, bearings, energy, oil & gas, engineering, seamless tube, defence and railway applications, with group forging companies as key customers.[1]

IndiaBasic Materials

Questions investors ask
Is Kalyani Steels Limited Shariah compliant?

Kalyani Steels Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (11.49%) complies with AAOIFI threshold (≤ 33%).

What is Kalyani Steels Limited's current valuation relative to peers?

Kalyani Steels Limited trades at a P/E of 15.6x compared to the sector median of 21.9x, and a Price-to-Book of 2.0x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.23x. Interest coverage is 35.2x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at -1.4% while net profit growth averaged 0.1%.

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.