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Kirloskar Ferrous Industries Ltd. (India)

Main Activities: Iron and Steel Mills and Ferroalloy Manufacturing
Full name: Kirloskar Ferrous Industries Ltd. Profile Updated: November 05, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Kirloskar Ferrous Industries Ltd. (KFIL) is a company located in Pune, Maharashtra. Founded in 1991, KFIL aims to revolutionize the Pig Iron and Grey Iron casting industry. With a strong foundation of innovation and customer-centricity, KFIL is a subsidiary of a parent company with a 130-year manufacturing and engineering legacy. KFIL's main products include cylinder blocks, head castings, and housings used in engines for construction machines, farm equipment, and utility vehicles manufactured by leading automobile companies. Additionally, their pig iron is utilized in various cast iron applications across different industries. KFIL is known for its leadership in the foundry space, where their products are created with precision and quality. Their offerings can be divided into two categories: Pig Iron and Castings. The Pig Iron business unit supplies to foundries nationwide and serves industries such as auto, engines, compressors, textiles, pumps, and other manufacturing sectors. On the other hand, the Castings unit produces Grey Iron Castings, including cylinder blocks, cylinder heads, and different types of housings required by automotive, construction equipment, agricultural equipment, and diesel engine industries. KFIL has a vision to be a sustainable growing organization that creates value for all stakeholders and aims to become the largest alloy steel manufacturer in India and one of the top five global castings companies. They also aspire to become a two billion dollar company by 2030. In terms of their goals for Pig Iron, KFIL aims to be the lowest cost producer, expand into value-added products, and achieve 0.7 million tons of liquid metal by 2022. For Castings, their objectives include exceeding customer expectations in product development, quality, and delivery, expanding into new segments of casting and value addition through machining, achieving 0.2 million tons of casting sales by 2025, and venturing into new products beyond iron castings. KFIL strives to be a preferred employer and responsible neighbor through sustainable business practices. Their registered office is located at 13, Laxmanrao Kirloskar Road, Khadki, Pune - 411003, Maharashtra.

Legal Address
13, Laxmanrao Kirloskar Road,, Khadki,
Pune; Maharashtra; Postal Code: 411003

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Website: http://www.kirloskarferrous.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1991
Key Executives
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Managing Director
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Chief Financial Officer
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Independent Director
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Non Independent Director
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Chairman
Ownership Details
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50.93%
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21.89%
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14.89%
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9.9%
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1.83%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
3.41%
Total operating revenue
3.5%
Operating profit (EBIT)
-20.2%
EBITDA
-9.1%
Net Profit (Loss) for the Period
-24.94%
Operating Profit Margin (ROS)
-2.51%
Net Profit Margin
-1.7%

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