INDIAN METALS & FERRO (IMFA) financials

INDIAN METALS & FERRO (IMFA) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Indian Metals and Ferro Alloys Limited (IMFA) is a leading, fully integrated producer ofFerro Chromein India which is primarily used in the production of stainless steel. It was set up in 1961.[1]

Market Cap: ₹6,064Cr.
Current Price: ₹1,124
Stock P/E: 11.6
ROE: 17.0%
ROCE: 18.5%
Book Value: ₹499
Dividend Yield: 1.09%
52W High / Low: ₹1,680/1,064

In Jun 2026, INDIAN METALS & FERRO (IMFA) reported sales ₹960 Cr and net profit ₹191 Cr.

Annual TTM: sales ₹3,145 Cr, net profit ₹524 Cr.

Shareholding: Promoters 58.69% (Sep 2026), FIIs 2.88% (Sep 2026), DIIs 0.84% (Sep 2026), Public 37.60% (Sep 2026), No. of Shareholders 53,271% (Sep 2026).

IMFA quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	692	643	567	642	719	703	763	960
Expenses	521	515	497	516	580	538	604	679
Operating Profit	171	128	71	125	138	164	159	281
OPM %	25%	20%	12%	20%	19%	23%	21%	29%
Other Income	20	18	17	21	17	21	7	12
Interest	6	9	11	8	9	10	12	13
Depreciation	13	14	14	15	15	15	18	23
Profit before tax	171	123	63	124	132	160	136	257
Tax %	26%	24%	26%	26%	25%	19%	24%	25%
Net Profit	126	93	47	91	99	131	103	191
EPS in Rs	23.30	17.26	8.72	16.96	18.31	24.22	19.17	35.49
Raw PDF	—	—	—	—	—	—	—	—

IMFA profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	1,612	1,844	2,603	2,676	2,780	2,565	2,826	3,145
Expenses	1,523	1,506	1,799	2,188	2,173	2,034	2,238	2,402
Operating Profit	89	338	804	489	608	531	588	743
OPM %	6%	18%	31%	18%	22%	21%	21%	24%
Other Income	20	51	25	10	42	67	66	58
Interest	99	57	62	68	37	31	38	43
Depreciation	104	104	110	107	78	55	63	72
Profit before tax	-94	227	657	323	534	512	553	686
Tax %	-27%	27%	23%	30%	32%	26%	23%	—
Net Profit	-69	167	508	226	364	378	424	524
EPS in Rs	-12.69	30.88	94.13	41.84	67.41	70.08	78.65	97.19
Dividend Payout %	-0%	16%	13%	24%	11%	29%	16%	—

IMFA balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	27	27	27	54	54	54	54	54
Reserves	1,130	1,042	1,200	1,647	1,805	2,025	2,268	2,638
Borrowings	796	743	708	518	368	263	414	982
Other Liabilities	685	586	590	585	410	563	432	633
Total Liabilities	2,638	2,398	2,525	2,805	2,636	2,905	3,168	4,306
Fixed Assets	978	1,020	962	922	969	997	1,050	1,571
CWIP	118	74	55	70	70	78	75	794
Investments	181	141	228	262	377	364	899	374
Other Assets	1,361	1,162	1,280	1,551	1,221	1,466	1,144	1,566
Total Assets	2,638	2,398	2,525	2,805	2,636	2,905	3,168	4,306

IMFA cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	228	225	207	389	518	332	586	319
Cash from Investing Activity	-26	-51	-103	-105	-222	-75	-560	-753
Cash from Financing Activity	-205	-184	-101	-283	-296	-212	-71	459
Net Cash Flow	-2	-11	2	0	1	44	-44	25
Free Cash Flow	125	131	182	302	376	219	472	-1,016
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	97%	249%	69%	75%	120%	82%	135%	77%

IMFA shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	58.69%	58.69%	58.69%	58.69%	58.69%	58.69%	58.69%	58.69%
FIIs	4.04%	3.81%	3.40%	3.69%	3.35%	3.87%	3.59%	2.88%
DIIs	0.82%	0.81%	0.19%	0.21%	0.64%	0.82%	0.88%	0.84%
Public	36.45%	36.69%	37.73%	37.41%	37.33%	36.63%	36.85%	37.60%
No. of Shareholders	47,715	49,688	50,152	46,652	55,725	52,983	55,347	53,271

IMFA key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	11	7	18	20	12	18	16	31
Inventory Days	256	168	174	207	162	224	264	283
Days Payable	128	72	74	49	52	89	70	96
Cash Conversion Cycle	140	103	118	178	121	153	210	218
Working Capital Days	52	31	50	50	59	71	41	13
ROCE %	10%	0%	15%	34%	18%	25%	21%	18%

IMFAUpdated 21 Oct 2026, 14:37

Indian Metals & Ferro

IMFAUpdated 21 Oct 2026, 14:37

Market Cap

₹6,064Cr.

Current Price

₹1,124

High / Low

₹1,680/1,064

Stock P/E

11.6

ROE17.0%

ROCE18.5%

Book Value₹499

Face Value₹10.0

Dividend Yield1.09%

About

Indian Metals and Ferro Alloys Limited (IMFA) is a leading, fully integrated producer ofFerro Chromein India which is primarily used in the production of stainless steel. It was set up in 1961.[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	702	9	529	10	25	149	26	110	20.39
Sep 2023	693	14	542	13	26	124	27	90	16.67
Dec 2023	685	9	526	9	15	144	25	108	19.99
Mar 2024	701	6	575	11	13	118	53	56	10.36
Jun 2024	662	5	500	17	14	160	27	118	21.78
Sep 2024	692	6	521	20	13	171	26	126	23.3
Dec 2024	643	9	515	18	14	123	24	93	17.26
Mar 2025	567	11	497	17	14	63	26	47	8.72
Jun 2025	642	8	516	21	15	124	26	91	16.96
Sep 2025	719	9	580	17	15	132	25	99	18.31
Dec 2025	703	10	538	21	15	160	19	131	24.22
Mar 2026	763	12	604	7	18	136	24	103	19.17
Jun 2026	960	13	679	12	23	257	25	191	35.49

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	1345	109	1104	23	122	33	64	12	2.3
Mar 2016	1211	84	1088	-1	114	-75	-41	-45	-8.6
Mar 2017	1672	86	1157	49	109	370	32	250	46.26
Mar 2018	1766	78	1332	28	101	282	34	187	34.56
Mar 2019	1634	96	1353	-56	98	30	63	11	2.04
Mar 2020	1612	99	1523	20	104	-94	-27	-69	-12.69
Mar 2021	1844	57	1506	51	104	227	27	167	30.88
Mar 2022	2603	62	1799	25	110	657	23	508	94.13
Mar 2023	2676	68	2188	10	107	323	30	226	41.84
Mar 2024	2780	37	2173	42	78	534	32	364	67.41
Mar 2025	2565	31	2034	67	55	512	26	378	70.08
Mar 2026	2826	38	2238	66	63	553	23	424	78.65
TTM	3145	43	2402	58	72	686	—	524	97.19

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	58.69%
FIIs	2.88%
DIIs	0.84%
Public	37.6%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Dec 2023	58.69%	2.93%	0.1%	38.29%
Mar 2024	58.69%	2.88%	0.1%	38.34%
Jun 2024	58.69%	2.89%	1.36%	37.06%
Sep 2024	58.69%	3.1%	0.92%	37.3%
Dec 2024	58.69%	4.04%	0.82%	36.45%
Mar 2025	58.69%	3.81%	0.81%	36.69%
Jun 2025	58.69%	3.4%	0.19%	37.73%
Sep 2025	58.69%	3.69%	0.21%	37.41%
Dec 2025	58.69%	3.35%	0.64%	37.33%
Mar 2026	58.69%	3.87%	0.82%	36.63%
Jun 2026	58.69%	3.59%	0.88%	36.85%
Sep 2026	58.69%	2.88%	0.84%	37.6%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	26	837	1069	504	2437	1108	45	168	1116	2437
Mar 2016	26	783	1014	469	2292	1067	60	202	963	2292
Mar 2017	27	1016	941	500	2484	1017	56	327	1084	2484
Mar 2018	27	1169	853	583	2632	1001	90	314	1227	2632
Mar 2019	27	1130	796	685	2638	978	118	181	1361	2638
Mar 2020	27	1042	743	586	2398	1020	74	141	1162	2398
Mar 2021	27	1200	708	590	2525	962	55	228	1280	2525
Mar 2022	54	1647	518	585	2805	922	70	262	1551	2805
Mar 2023	54	1805	368	410	2636	969	70	377	1221	2636
Mar 2024	54	2025	263	563	2905	997	78	364	1466	2905
Mar 2025	54	2268	414	432	3168	1050	75	899	1144	3168
Mar 2026	54	2638	982	633	4306	1571	794	374	1566	4306

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	184	-9	-157	17
Mar 2016	230	-125	-137	-32
Mar 2017	423	-248	-174	2
Mar 2018	290	-86	-193	11
Mar 2019	228	-26	-205	-2
Mar 2020	225	-51	-184	-11
Mar 2021	207	-103	-101	2
Mar 2022	389	-105	-283	0
Mar 2023	518	-222	-296	1
Mar 2024	332	-75	-212	44
Mar 2025	586	-560	-71	-44
Mar 2026	319	-753	459	25

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	14	4	15	13	11	7	18	20	12	18	16	31
Inventory Days	208	177	176	192	256	168	174	207	162	224	264	283
Days Payable	86	74	61	88	128	72	74	49	52	89	70	96
Cash Conversion Cycle	137	107	130	117	140	103	118	178	121	153	210	218
Working Capital Days	47	19	58	66	52	31	50	50	59	71	41	13
ROCE %	8%	1%	24%	17%	10%	0%	15%	34%	18%	25%	21%	18%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of INDIAN METALS & FERRO (IMFA)?

The reported market capitalisation for INDIAN METALS & FERRO (IMFA) is ₹6,064Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of IMFA?

The current price shown for INDIAN METALS & FERRO (IMFA) on Fincrux is ₹1,124 with a 52-week high/low of ₹1,680/1,064.

What is the P/E ratio of INDIAN METALS & FERRO (IMFA)?

The stock P/E for INDIAN METALS & FERRO (IMFA) is 11.6 on Fincrux, with ROE at 17.0% and ROCE at 18.5%.

What were IMFA latest quarterly results?

For Jun 2026, INDIAN METALS & FERRO (IMFA) reported sales ₹960 Cr and net profit ₹191 Cr (figures in ₹ crore unless noted).

What are IMFA annual sales and net profit?

For TTM, INDIAN METALS & FERRO (IMFA) shows sales of ₹3,145 Cr and net profit of ₹524 Cr on the Fincrux profit & loss statement.

Who owns INDIAN METALS & FERRO (IMFA)?

Latest shareholding for INDIAN METALS & FERRO (IMFA) on Fincrux: Promoters 58.69% (Sep 2026), FIIs 2.88% (Sep 2026), DIIs 0.84% (Sep 2026), Public 37.60% (Sep 2026), No. of Shareholders 53,271% (Sep 2026).

Where can I find INDIAN METALS & FERRO (IMFA) financials?

INDIAN METALS & FERRO (IMFA) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show IMFA balance sheet and cash flow?

Yes. The INDIAN METALS & FERRO (IMFA) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 21 October 2026 at 14:37