What we do Kirloskar Ferrous Industries Ltd is a leading Indian manufacturer of iron castings, pig iron, seamless tubes, and steel products, offering integrated mine-to-casting solutions. |
Founded in 1,991 |
Market share Market leader in India for critical grey iron castings and pig iron; largest integrated castings business in Asia. |
Problem solved Provides high-quality iron casting and steel solutions to diverse engineering sectors, addressing demand for durable industrial components. |
Top clients or who we serve Serves automotive, tractor, bearing, boiler, mining, construction, and general engineering industries; B2B focused. |
Key management Rahul Kirloskar (Chairman); R.V. Gumaste (Managing Director); N.B. Ektare (Executive Director Operations). |
Our journey and innovations Pioneered integrated mine to machined casting model in Asia with expansions in technology like 3D printing, solar power, and pulverized coal injection. |
Where we operate Manufacturing across Karnataka and Maharashtra; exports and subsidiaries in Europe and Luxembourg; mines in Karnataka. |
Top products or what we offer Pig iron, grey iron castings, seamless tubes, steel products, machined castings, and value-added manufactured components. |
Top brands Kirloskar branded iron castings, ISMT seamless tubes (since 2024 merger), market-leading pig iron products. |
Raw materials needed Iron ore, coal, coke, scrap steel, raw materials for casting cores and machining. |
Raw materials supplier Own mines (Kirloskar Bharat Mines), external coal and iron ore suppliers. |
Recurring vs cyclical contribution Revenue largely recurring through steady industrial demand, with some cyclical variation due to raw material prices. |
Our industry position Leading position in Indian iron casting and pig iron markets, strong presence in seamless tubes via ISMT acquisition. |
Financial highlights FY 2025 revenue ₹6,564 Cr; standalone net profit ₹317 Cr; EBITDA ~11.5% margin; growing capacity and product volumes. |
Geographical revenue split Mainly domestic Indian market with growing exports and overseas subsidiaries post ISMT merger. |
Order book Strong order pipeline in tubes and castings, including large upcoming tubes orders. |
Whats driving growth Capacity expansions, technological upgrades, green energy projects, increased machining capabilities, and strategic acquisitions. |
Our future plans Expansion of foundry and casting capacities, new solar and wind power projects, enhanced machining and product innovation. |
Our green promise 70 MW solar plant at Jalna, waste heat recovery systems, LED lighting, natural gas adoption, and reduced coke consumption. |
Our people and values Employee stock option schemes, focus on safety, sustainability, and skilled workforce development. |
Key challenges ahead Raw material price volatility, market demand fluctuations, integration of acquisitions, and environmental compliance. |
Interesting facts Only Asian company with integrated mines-to-machined castings; pioneer in using 3D printing in casting prototypes. |
Risks and strategy Mitigates raw material price risks via mining assets; focuses on operational efficiency, diversified product portfolio, and ESG compliance. |
