MoneyWorks4Me

Kennametal India Ltd (KENNAMET)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 505890 NSE: KENNAMET Engineering - Industrial Equipments | Small Cap | Kennametal India Share Price

₹3,658.40 5.70 (0.16%)

As on 23-Oct'26 16:59

Kennametal India Ltd (KENNAMET)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 505890 NSE: KENNAMET Engineering - Industrial Equipments | Small Cap | Kennametal India Share Price

₹3,658.40 5.70 (0.16%)

As on 23-Oct'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹8,028 Cr.
Current Price
₹3,658.4
52-Week Low / High
₹1,932 / 5,110
TTM EPS
₹89.2
TTM Sales
₹1,511 Cr.
Book Value per Share
₹388.2
P/E Ratio
40.96
Lower than its 5-year historical median
Industry PE
50.7
Price to Book (P/B)
9.41
Higher than its 5-year historical median
Price to Sales (P/S)
5.31
Higher than its 5-year historical median
EV/EBITDA
25.38
Lower than its 5-year historical median
Dividend Yield
1.09%
Profitability Efficiency
Return on Equity (ROE)
24.50%
Outperforms industry median
Return on Capital Employed (ROCE)
33.30%
Outperforms industry median
Return on Assets (ROA)
13.69%
Operating Profit Margin
19.9%
Net Profit Margin
12.97%
Gross Profit Margin
20.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
29.09%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
76.97%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
90.48%
Asset Quality
Promoter Holding
75.00%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹831 Cr.
Equity
₹22 Cr.
Face Value
₹10
All Time Low / High
₹32.50 / 5110.35

Kennametal India stock performance

Key Ratios
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Check Before You Invest

Valuation

Overvalued

Price Trend

Weak
Q.1 Is Kennametal India Ltd a good quality company?
Kennametal India Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Kennametal India Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Kennametal India Ltd vs industry peers?
Kennametal India Ltd revenue CAGR is 13.24%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Kennametal India Ltd?
Promoters hold 75.00% of the Kennametal India Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Kennametal India Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 18.3% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Kennametal India Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation ⓘ

Jun'17Jun'18Jun'19Jun'20Jun'21Jun'22Jun'23Jun'24Jun'25Jun'26TTM
ROCE % ⓘ7.9%17.5%25.2%7.6%15.8%25%17.7%21.4%19%33.3%-
Value Creation
Index ⓘ
-0.40.30.8-0.50.10.80.30.60.41.5-

Growth Parameters ⓘ

Sales ⓘ6527939276418119911,0771,1001,1701,5111,511
Sales YoY Gr.-21.7%16.9%-30.8%26.5%22.1%8.7%2.1%6.4%29.1%-
Adj EPS ⓘ12.726.239.31530.15239.845.746.187.789.2
YoY Gr.-105.9%49.9%-61.9%101.4%72.6%-23.4%14.7%0.9%90.4%-
BVPS (₹) ⓘ179.1199.3235.7250260.3293.3312.5332.9339.5387.8388.2
Adj Net
Profit ⓘ
2857.686.332.966.211487.5100101193196
Cash Flow from Ops. ⓘ77.262.983.927.815549.111611414518.3-
Debt/CF from Ops. ⓘ000.10.5000000-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ9.8%13.2%11.9%29.1%
Adj EPS ⓘ23.9%23.8%30.1%90.4%
BVPSⓘ9%8.3%7.5%14.3%
Share Price 18.4% 21.5% 13.6% 75.6%

Key Financial Parameters ⓘ

Jun'17Jun'18Jun'19Jun'20Jun'21Jun'22Jun'23Jun'24Jun'25Jun'26TTM
Return on
Equity % ⓘ
7.313.8186.211.818.713.114.113.724.123
Op. Profit
Mgn % ⓘ
8.912.714.79.514.818.11415.414.519.920.1
Net Profit
Mgn % ⓘ
4.37.39.35.18.211.58.19.18.712.813
Debt to
Equity ⓘ
00000000000
Working Cap
Days ⓘ
26725225537428326226526424624995
Cash Conv.
Cycle ⓘ
70687212092879710410310760

Valuation of Kennametal India - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSJun'17Jun'18Jun'19Jun'20Jun'21Jun'22Jun'23Jun'24Jun'25Jun'26
Sales6527939276418119911,0771,1001,1701,511
Operating Expenses ⓘ + 5946937915816918129269301,0011,210
Manufacturing Costs6171795873899298117123
Material Costs344418494347433500600588627793
Employee Cost 122123130109122145149152158187
Other Costs ⓘ 678188676578869499107
Operating Profit ⓘ 5810013661120179151170170301
Operating Profit Margin (%) 8.9%12.7%14.7%9.5%14.8%18.1%14.0%15.4%14.5%19.9%
Other Income ⓘ + 681419996131714
Exceptional Items ⓘ -6-80-4-1001300
Interest ⓘ 0011000100
Depreciation ⓘ 28282834383639444648
Profit Before Tax ⓘ 30731224089153118151140266
Tax ⓘ 621358233930413770
Profit After Tax 245286336711488111103196
PAT Margin (%) 3.7%6.6%9.3%5.1%8.2%11.5%8.1%10.1%8.8%13.0%
Adjusted EPS (₹)11.123.839.214.830.351.939.950.246.889.1
Dividend Payout Ratio (%)18%8.40%5.10%0%66.10%46.30%50.20%59.70%85.50%44.90%
PARTICULARSJun'17Jun'18Jun'19Jun'20Jun'21Jun'22Jun'23Jun'24Jun'25Jun'26

Equity and Liabilities

Shareholders Fund + 394439519550573645687732747853
Share Capital ⓘ 21.98222222222222222222
Reserves ⓘ 372417497528551623665710725831
Debt +001013000000
Long Term Debt0000000000
Short Term Debt001013000000
Minority Interest0000000000
Trade Payables831061265710210375109112275
Others Liabilities ⓘ 267321341317363385421360394483
Total Liabilities ⓘ 7448669969371,0381,1331,1831,2011,2531,611

Fixed Assets

Net Fixed Assets ⓘ +146154184247225215275294273282
Gross Block175211251341356377462520533575
Accumulated Depreciation28576894131162187226260293
CWIP ⓘ 3216732527734887
Investments ⓘ 51102200000
Inventories107156203198205267244271295609
Trade Receivables11014314579113137142178191269
Cash Equivalents 43954442115649011316547
Others Assets ⓘ 283297353338326373399337321397
Total Assets ⓘ 7448669969371,0381,1331,1831,2011,2531,611
PARTICULARSJun'17Jun'18Jun'19Jun'20Jun'21Jun'22Jun'23Jun'24Jun'25Jun'26
Cash Flow From Operating Activity ⓘ + 776384281554911611414518
PBT ⓘ 36811224590153118139140266
Adjustment ⓘ 31322628413642544149
Changes in Working Capital ⓘ 16-47-27-3041-101-12-48-21-242
Tax Paid ⓘ -6-3-37-15-18-39-32-30-15-56
Cash Flow From Investing Activity ⓘ + -45-55-139-32-24-62-45-23-4-48
Capex -50-60-109-61-26-65-47-29-29-54
Net Investments 0010011495
Others ⓘ 55-31292202170
Cash Flow From Financing Activity ⓘ + -5-542-57-53-45-67-89-89
Net Proceeds from Shares ⓘ 0000000000
Net Proceeds from Borrowing ⓘ 0000000000
Interest Paid ⓘ 00-1-1-00-0-1-0-0
Dividend Paid ⓘ -4-4-40-44-53-44-66-88-88
Others ⓘ -1-193-130-1-1-1-1
Net Cash Flow ⓘ 272-51-273-65262452-119
PARTICULARSJun'17Jun'18Jun'19Jun'20Jun'21Jun'22Jun'23Jun'24Jun'25Jun'26
Ratios
ROE (%)6.3212.5718.046.0811.8618.7413.1615.5713.9124.5
ROCE (%)7.8817.5325.247.615.7825.0217.6521.3718.9933.3
Asset Turnover Ratio0.960.9910.660.820.910.930.910.961.07
PAT to CFO Conversion(x)3.211.210.980.852.310.431.321.031.410.09
Working Capital Days
Receivable Days60.2058.2056.6063.6043.204647.2053.8056.9054.90
Inventory Days57.8060.6070.70114.1090.6086.9086.6086.6087.30108
Payable Days82.2082.6085.7096.1067.1074.705457.1064.4089.10

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Kennametal India Ltd FAQs

The current trading price of Kennametal India on 23-Oct-2026 16:59 is ₹3,658.4.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 22-Oct-2026 the market cap of Kennametal India stood at ₹8,028 Cr

The latest P/E ratio of Kennametal India as of 22-Oct-2026 is 40.96.

The latest P/B ratio of Kennametal India as of 22-Oct-2026 is 9.41.

The 52-week high of Kennametal India is ₹5,110.4 and the 52-week low is ₹1,932.1.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kennametal India is ₹1,511 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Kennametal India Ltd is a good quality company.

The key valuation ratios of Kennametal India Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Kennametal India Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Kennametal India Ltd

Kennametal India was established in September 21, 1964, and was formerly known as Widia India Ltd. headquartered at Bangalore is the premiere global provider of metalworking solutions using tungsten carbide inserts.

Kennametal is a leading global supplier of tooling, engineered components and advanced materials that are consumed in production processes. It provides customers with a broad range of technologically advanced tools, tooling systems and technical services. The company's expert scientists and engineers apply highly complex powder metallurgy, materials science and mechanical engineering technologies to cemented tungsten carbides, high-speed steels, ceramics, industrial diamonds and other material compositions to produce products that have the optimum combination of resistance to heat, impact, corrosion, pressure and wear to excel in particular application.

On May 3, 2002 Kennametal Inc.entered into an arrangement with Milacron B V and Milacron Inc., for the acquisition, either directly or through its affiliates, of Milacron BV’s European operations in Germany, Netherlands, Spain, U.K, France and Italy upon obtaining certain statutory approvals and upon certain commercial reorganisation of companies in different countries (hereinafter referred to as the “Stock Purchase Agreement”). Pursuant to this arrangement, Kennametal was to acquire control of Milacron Metal Working Technologies Holding GmbH, a wholly owned subsidiary of Milacron B. V., which through its subsidiary companies, Widia GmbH and Meturit AG., had indirect control over Widia (India) Limited. As on May 3, 2002, Meturit AG, a wholly owned subsidiary of Widia GmbH, held 51% of the equity shares of the Company. Indirectly, Kennametal acquired from Milacron B. V. the majority of equity shares which resulted in change in control of the Company.

Today most of India’s leading manufacturing and industrial giants, from the private, public and government sectors, rely on Kennametal India’s tooling expertise to produce its products. Among others, these include automobile majors like GM, TVS, Tata Motors, and Yamaha, BHEL, Northern Railways, Ordinance and Armament factories, Inter Drill Asia, Escorts Mahle, Gabriel, Sterling Tools and SKF Bearings.

Kennametal’s portfolio of well-respected brand names and broad global presence enable it to help customers of all sizes in virtually every geography drive success at every stage of their value chain. Strategically aligned across its two core businesses -- Metalworking Solutions and Services Group (MSSG) and the Advanced Materials Solutions Group (AMSG) -- their products and services touch nearly every manufacturing process, and people around the globe can see and touch these results from the time they turn on the light switch in the morning, to the breakfast they eat or the vehicle they drive.

Product range of the company includes:

Kennametal has engineered innovative metal-cutting products and techniques for nearly 70 years using complex metallurgy and materials science in tungsten carbide, ceramics, high-speed steels and other materials. Many of these products serve as workhorses in their industries to this day. Newer, more advanced products are always under development to better serve needs. In fact, nearly half of Kennametal's revenue comes from products less than four years old.

  • Metalworking- Metalworking has been expertise for 70 years. Kennametal never stops inventing, designing, testing, and manufacturing the world's best tools. Energy, Mining & Construction.They work with mining companies worldwide to engineer bold new designs that utilize advanced technologies to increase the productivity of mining and wear products.
  • Advanced Materials- Kennametal specializes in solving unique wear problems by engineering and manufacturing customized protective systems made of the world's toughest materials
  • Wear Components- Kennametal is focused on delivering value to the customers for many different applications that offer long life, maintain tolerance through multiple-use cycles, and deliver superior overall performance.
  • Saw Mill- Kennametal knows how critical uptime and performance are in the sawmill industry. That's why they manufacture a wide range of Carbide and APF Superalloy cutting tips for the sawmill industry worldwide.
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