KALYANI STEELS LIMITED (KSL) financials

KALYANI STEELS LIMITED (KSL) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Kalyani Steels Ltd, a Kalyani Groupspecialty-steel company, manufacturesforging and engineering-quality carbon/alloy-steel long products through theblast-furnace route. Its integrated Ginigera, Karnataka plant supplies critical gradesfor automotive, bearings, energy, oil& gas, engineering, seamless tube,defence and railway applications,with group forging companies askey customers.[1]

Market Cap: ₹4,136Cr.
Current Price: ₹947
Stock P/E: 15.4
ROE: 13.0%
ROCE: 14.7%
Book Value: ₹481
Dividend Yield: 1.06%
52W High / Low: ₹1,033/574

In Jun 2026, KALYANI STEELS LIMITED (KSL) reported sales ₹465 Cr and net profit ₹68 Cr.

Annual TTM: sales ₹1,867 Cr, net profit ₹262 Cr.

Shareholding: Promoters 64.70% (Sep 2026), FIIs 1.91% (Sep 2026), DIIs 10.65% (Sep 2026), Public 22.74% (Sep 2026), No. of Shareholders 43,964% (Sep 2026).

KSL quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	492	484	544	443	456	462	484	465
Expenses	396	401	430	357	371	371	385	373
Operating Profit	96	83	114	85	85	92	99	91
OPM %	20%	17%	21%	19%	19%	20%	20%	20%
Other Income	14	12	13	14	14	7	13	15
Interest	5	6	4	3	2	2	1	2
Depreciation	16	16	16	15	15	14	14	14
Profit before tax	90	75	107	82	83	83	97	91
Tax %	25%	26%	26%	26%	25%	26%	27%	26%
Net Profit	67	55	79	61	62	61	71	68
EPS in Rs	15.30	12.69	18.16	13.97	14.16	14.05	16.27	15.49
Raw PDF	—	—	—	—	—	—	—	—

KSL profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	1,199	1,188	1,706	1,899	1,959	1,982	1,846	1,867
Expenses	1,004	925	1,367	1,654	1,588	1,609	1,484	1,500
Operating Profit	195	263	339	246	371	373	361	367
OPM %	16%	22%	20%	13%	19%	19%	20%	20%
Other Income	23	43	46	56	47	52	49	49
Interest	8	7	13	28	25	19	9	8
Depreciation	43	44	46	49	61	63	57	56
Profit before tax	168	255	326	225	333	343	344	353
Tax %	18%	25%	25%	26%	26%	26%	26%	—
Net Profit	137	190	243	167	247	253	255	262
EPS in Rs	31.41	43.59	55.65	38.26	56.69	57.96	58.45	59.97
Dividend Payout %	16%	17%	18%	26%	18%	17%	17%	—

KSL balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	22	22	22	22	22	22	22	22
Reserves	869	942	1,132	1,346	1,468	1,670	1,883	2,078
Borrowings	18	-0	168	438	506	596	438	475
Other Liabilities	422	400	328	551	355	297	403	416
Total Liabilities	1,330	1,364	1,650	2,356	2,351	2,584	2,745	2,990
Fixed Assets	422	418	382	358	599	734	678	627
CWIP	5	5	11	154	18	381	429	560
Investments	366	177	144	147	146	145	150	143
Other Assets	537	763	1,113	1,696	1,587	1,324	1,487	1,660
Total Assets	1,330	1,364	1,650	2,356	2,351	2,584	2,745	2,990

KSL cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	286	257	62	263	-126	317	383	142
Cash from Investing Activity	-117	-183	-226	-470	153	-320	-136	-106
Cash from Financing Activity	-181	-80	160	218	-39	12	-252	-42
Net Cash Flow	-12	-6	-3	11	-12	9	-5	-6
Free Cash Flow	264	223	46	92	-237	-258	358	81
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	163%	157%	48%	104%	-25%	107%	125%	63%

KSL shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	64.70%	64.70%	64.70%	64.70%	64.70%	64.70%	64.70%	64.70%
FIIs	2.66%	2.18%	1.76%	1.86%	1.78%	1.82%	1.77%	1.91%
DIIs	10.83%	10.49%	10.54%	10.74%	11.10%	11.14%	11.48%	10.65%
Public	21.80%	22.63%	22.98%	22.70%	22.42%	22.33%	22.06%	22.74%
No. of Shareholders	44,048	44,429	47,214	47,085	45,854	44,840	43,550	43,964

KSL key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	80	72	77	89	78	78	79	98
Inventory Days	71	74	71	82	100	66	68	72
Days Payable	153	184	140	172	81	67	96	96
Cash Conversion Cycle	-1	-39	7	-1	97	77	51	74
Working Capital Days	25	11	-11	-18	29	-12	-15	-0
ROCE %	20%	19%	23%	22%	13%	17%	16%	15%

KSLUpdated 18 Oct 2026, 11:40

Kalyani Steels Limited

KSLUpdated 18 Oct 2026, 11:40

Market Cap

₹4,136Cr.

Current Price

₹947

High / Low

₹1,033/574

Stock P/E

15.4

ROE13.0%

ROCE14.7%

Book Value₹481

Face Value₹5.00

Dividend Yield1.06%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	497	7	404	12	16	82	26	61	14.03
Sep 2023	480	9	387	9	15	78	26	58	13.36
Dec 2023	480	5	384	12	15	88	25	65	14.97
Mar 2024	503	3	413	13	15	84	26	63	14.33
Jun 2024	461	4	382	12	16	72	28	52	11.81
Sep 2024	492	5	396	14	16	90	25	67	15.3
Dec 2024	484	6	401	12	16	75	26	55	12.69
Mar 2025	544	4	430	13	16	107	26	79	18.16
Jun 2025	443	3	357	14	15	82	26	61	13.97
Sep 2025	456	2	371	14	15	83	25	62	14.16
Dec 2025	462	2	371	7	14	83	26	61	14.05
Mar 2026	484	1	385	13	14	97	27	71	16.27
Jun 2026	465	2	373	15	14	91	26	68	15.49

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	1226	15	1059	2	31	124	33	83	19.08
Mar 2016	1180	12	945	3	52	174	35	114	26.02
Mar 2017	1257	10	970	13	52	239	35	156	35.85
Mar 2018	1345	9	1142	17	37	175	34	115	26.32
Mar 2019	1407	7	1194	25	38	192	31	132	30.25
Mar 2020	1199	8	1004	23	43	168	18	137	31.41
Mar 2021	1188	7	925	43	44	255	25	190	43.59
Mar 2022	1706	13	1367	46	46	326	25	243	55.65
Mar 2023	1899	28	1654	56	49	225	26	167	38.26
Mar 2024	1959	25	1588	47	61	333	26	247	56.69
Mar 2025	1982	19	1609	52	63	343	26	253	57.96
Mar 2026	1846	9	1484	49	57	344	26	255	58.45
TTM	1867	8	1500	49	56	353	—	262	59.97

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	64.7%
FIIs	1.91%
DIIs	10.65%
Public	22.74%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Dec 2023	64.7%	2.71%	9.37%	23.21%
Mar 2024	64.7%	2.54%	12.18%	20.59%
Jun 2024	64.7%	2.45%	12.03%	20.82%
Sep 2024	64.7%	2.11%	12.13%	21.06%
Dec 2024	64.7%	2.66%	10.83%	21.8%
Mar 2025	64.7%	2.18%	10.49%	22.63%
Jun 2025	64.7%	1.76%	10.54%	22.98%
Sep 2025	64.7%	1.86%	10.74%	22.7%
Dec 2025	64.7%	1.78%	11.1%	22.42%
Mar 2026	64.7%	1.82%	11.14%	22.33%
Jun 2026	64.7%	1.77%	11.48%	22.06%
Sep 2026	64.7%	1.91%	10.65%	22.74%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	22	454	219	390	1084	442	13	77	552	1084
Mar 2016	22	568	327	338	1255	488	0	249	517	1255
Mar 2017	22	680	239	421	1361	436	5	234	686	1361
Mar 2018	22	763	169	325	1278	437	5	280	557	1278
Mar 2019	22	869	18	422	1330	422	5	366	537	1330
Mar 2020	22	942	0	400	1364	418	5	177	763	1364
Mar 2021	22	1132	168	328	1650	382	11	144	1113	1650
Mar 2022	22	1346	438	551	2356	358	154	147	1696	2356
Mar 2023	22	1468	506	355	2351	599	18	146	1587	2351
Mar 2024	22	1670	596	297	2584	734	381	145	1324	2584
Mar 2025	22	1883	438	403	2745	678	429	150	1487	2745
Mar 2026	22	2078	475	416	2990	627	560	143	1660	2990

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	114	-107	-19	-12
Mar 2016	161	-255	97	2
Mar 2017	152	-38	-98	16
Mar 2018	191	-77	-105	10
Mar 2019	286	-117	-181	-12
Mar 2020	257	-183	-80	-6
Mar 2021	62	-226	160	-3
Mar 2022	263	-470	218	11
Mar 2023	-126	153	-39	-12
Mar 2024	317	-320	12	9
Mar 2025	383	-136	-252	-5
Mar 2026	142	-106	-42	-6

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	98	107	135	102	80	72	77	89	78	78	79	98
Inventory Days	97	90	81	53	71	74	71	82	100	66	68	72
Days Payable	131	120	147	88	153	184	140	172	81	67	96	96
Cash Conversion Cycle	64	77	69	67	-1	-39	7	-1	97	77	51	74
Working Capital Days	69	31	27	24	25	11	-11	-18	29	-12	-15	-0
ROCE %	21%	23%	27%	19%	20%	19%	23%	22%	13%	17%	16%	15%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of KALYANI STEELS LIMITED (KSL)?

The reported market capitalisation for KALYANI STEELS LIMITED (KSL) is ₹4,136Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of KSL?

The current price shown for KALYANI STEELS LIMITED (KSL) on Fincrux is ₹947 with a 52-week high/low of ₹1,033/574.

What is the P/E ratio of KALYANI STEELS LIMITED (KSL)?

The stock P/E for KALYANI STEELS LIMITED (KSL) is 15.4 on Fincrux, with ROE at 13.0% and ROCE at 14.7%.

What were KSL latest quarterly results?

For Jun 2026, KALYANI STEELS LIMITED (KSL) reported sales ₹465 Cr and net profit ₹68 Cr (figures in ₹ crore unless noted).

What are KSL annual sales and net profit?

For TTM, KALYANI STEELS LIMITED (KSL) shows sales of ₹1,867 Cr and net profit of ₹262 Cr on the Fincrux profit & loss statement.

Who owns KALYANI STEELS LIMITED (KSL)?

Latest shareholding for KALYANI STEELS LIMITED (KSL) on Fincrux: Promoters 64.70% (Sep 2026), FIIs 1.91% (Sep 2026), DIIs 10.65% (Sep 2026), Public 22.74% (Sep 2026), No. of Shareholders 43,964% (Sep 2026).

Where can I find KALYANI STEELS LIMITED (KSL) financials?

KALYANI STEELS LIMITED (KSL) 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 KSL balance sheet and cash flow?

Yes. The KALYANI STEELS LIMITED (KSL) 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 18 October 2026 at 11:40