Kirloskar Ferrous Industries Ltd's earnings have grown by 39.2%, whereas share price has appreciated 23.8% CAGR over the past five years, indicating the company’s share price is likely undervalued. However, for specific investment actions please consult your investment advisor.
Kirloskar Ferrous Industries Ltd share price has appreciated 29% annually (CAGR) over the past ten years.
Data is not available for this company.
Kirloskar Ferrous Industries (KFIL) incorporated in 1991; is engaged in business of manufacturing pig iron and ferrous casting.
Later in 1994, the company set up mini blast furnace-I for commercial production and a captive power plant. Immediately in the next year, KFIL set up foundry division and mini blast furnace-II.
Two years later i.e. in 1997, the company set up 3.5MW power plant connected to mini blast furnace-II. A decade after i.e. in 2007, the company acquired Solapur plant
Two years later i.e. in 1997, the company set up 3.5MW power plant connected to mini blast furnace-II. A decade after i.e. in 2007, the company acquired Solapur plant from Kirloskar Oil Engines. In the same year it set up hot blast stoves for its mini blast furnace-I.
The companyâ€™s manufacturing units are located at Hospet and Solapur.
The company has a product portfolio of Grey Iron castings, S.G Iron castings, Steel Investment castings and Pig Iron. KFIL produces range of these products such as Grey Iron castings: 1 kg - 500 kg single piece weight; S.G Iron castings: 1 Kg -70 Kg single piece weight; Investment castings: 1 gram-1 Kg single piece weight and Pig Iron: Foundry Grade, S.G. Iron Grade and Basic Grade
The companyâ€™s manufacturing units has received various certifications such as TS 16949, ISO 14001 and ISO 9001:2000 for its quality management.
Company caters its products to sectors like automotive, tractor, diesel, engineering and many more. KFIL has clientele namely Mahindra & Mahindra, Tata motors, Toyota Kirloskar Auto Parts, Eicher motors, Escorts, TAFE, Carraro, Simpson & Company are among others.
Kirloskar Ferrous Industries is setting up new foundry division at Solapur plant.