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Kalyani Steels Limited (KSL.NS)

INR903.10 -23.05 (-2.49%)
IN NSE Basic Materials Steel
Address Corporate Building 411036
Pune, IN
CEO Ravindra Kumar Goyal
IPO 2008-10-21
ISIN INE907A01026

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Also trades on Bombay Stock Exchange · KSL.BO (INR) National Stock Exchange of India · KSL.NS (INR)
Description

Kalyani Steels Limited, a company established in 1973 and headquartered in Pune, India, specializes in the production and distribution of iron and steel goods. The firm supplies a variety of rolled bars tailored for numerous vehicular applications, including crucial components like crankshafts, camshafts, connecting rods, gears, transmission shafts, axle beams, and steering knuckles. They also offer specialized alloyed steels for diverse engineering needs across sectors such as energy, railway infrastructure, defense, fastening solutions, and material handling. Furthermore, Kalyani Steels provides steel products essential for heavy industries, including earthmoving, cement, sugar, steel manufacturing, coal, shipbuilding, and oilfield operations, alongside a broad spectrum of general engineering applications. Beyond rolled bars, the company furnishes round castings for the seamless tube sector and precision-machined bars utilized in the aluminum smelting process. Their client base comprises component manufacturers for a wide array of vehicles and machinery, encompassing commercial vehicles, two-wheelers, diesel engines, bearings, tractors, turbines, and rail systems, serving both the Indian domestic market and international clientele.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR903.10 -23.05 (-2.49%)
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Volume Profile
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Liquidity & share structure
Average Volume
55.0K
Beta
1.33
Float Shares
15.22M
Free Float %
34.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.03% -8.80% +23.01% +6.58% -0.60% +4.80% +4.00% +137.68% +122.90% +405.47% +805.32%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
903.10
DCF (Unlevered) 378.71 -58.1%
DCF (Levered) 179.26 -80.2%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 1 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.73
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Steel: +1.2%
    -6.9% Q1'26: -11.0% (vs Q1'25)
  • EPS growth Steel: +17.4%
    +0.6% Q1'26: -10.6% (vs Q1'25)
  • FCF margin FCF growth · Steel: +44.2%
    +4.2% Q1'26: +21.7% (vs Q1'25)
  • EBIT margin Steel: +5.8%
    +16.5% Q1'26: +17.6% (vs Q1'25)
  • ROIC Steel: +4.3%
    +12.9% Q1'26: +14.3% (vs Q1'25)
  • Share dilution Steel: +0.0%
    +0.0% Q1'26: 0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Steel: 0.57×
    1.31× Q1'26: 1.20× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.27) × ERP
WACC = 89% × Ke + 11% × Kd (4.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 378.97 Current price: 903.10
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2010
actual
Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2025
actual
Mar 2026
1 Rev. Ana.
1 EPS Ana.
Mar 2027
1 Rev. Ana.
1 EPS Ana.
Mar 2028
1 Rev. Ana.
1 EPS Ana.
Mar 2029
1 Rev. Ana.
1 EPS Ana.
Mar 2030
1 Rev. Ana.
1 EPS Ana.
Mar 2031
1 Rev. Ana.
1 EPS Ana.
Mar 2032
1 Rev. Ana.
1 EPS Ana.
Mar 2033
1 Rev. Ana.
1 EPS Ana.
Revenue
10.21B
est: 11.44B (-10.7%)
12.27B
est: 12.64B (-2.9%)
11.80B
est: 12.77B (-7.5%)
14.22B
est: 14.82B (-4.0%)
13.25B
est: 16.36B (-19.0%)
13.84B
est: 18.81B (-26.4%)
11.75B
est: 14.77B (-20.4%)
11.66B
est: 15.95B (-26.9%)
16.96B
est: 16.93B (+0.2%)
18.99B
est: 17.98B (+5.6%)
19.82B
est: 15.95B (+24.3%)
18.36B
18.36B – 18.36B
+15.1% YoY
20.19B
20.19B – 20.19B
+10.0% YoY
23.50B
23.50B – 23.50B
+16.4% YoY
14.77B
14.77B – 14.77B
-37.2% YoY
15.95B
15.95B – 15.95B
+8.0% YoY
18.36B
18.36B – 18.36B
+15.1% YoY
20.19B
20.19B – 20.19B
+10.0% YoY
23.50B
23.50B – 23.50B
+16.4% YoY
EBITDA
1.08B
est: 2.32B (-53.6%)
1.70B
est: 2.56B (-33.7%)
1.79B
est: 2.59B (-30.7%)
3.01B
est: 2.31B (+30.0%)
2.21B
est: 3.32B (-33.2%)
2.33B
est: 3.81B (-38.9%)
2.17B
est: 2.41B (-10.1%)
2.63B
est: 3.23B (-18.6%)
3.85B
est: 2.30B (+67.4%)
3.02B
est: 3.66B (-17.6%)
3.73B
est: 3.14B (+18.8%)
3.61B
3.61B – 3.61B
+15.1% YoY
3.97B
3.97B – 3.97B
+10.0% YoY
4.63B
4.63B – 4.63B
+16.4% YoY
2.91B
2.91B – 2.91B
-37.2% YoY
3.14B
3.14B – 3.14B
+8.0% YoY
3.61B
3.61B – 3.61B
+15.1% YoY
3.97B
3.97B – 3.97B
+10.0% YoY
4.63B
4.63B – 4.63B
+16.4% YoY
EBIT
764.83M
est: 1.97B (-61.2%)
1.33B
est: 2.17B (-38.8%)
1.83B
est: 2.20B (-16.8%)
2.47B
est: 2.14B (+15.1%)
1.81B
est: 2.81B (-35.8%)
1.95B
est: 3.24B (-39.9%)
1.67B
est: 2.24B (-25.4%)
2.19B
est: 2.74B (-20.2%)
3.39B
est: 1.73B (+95.6%)
2.52B
est: 3.11B (-18.8%)
3.10B
est: 2.67B (+15.9%)
3.07B
3.07B – 3.07B
+15.1% YoY
3.38B
3.38B – 3.38B
+10.0% YoY
3.94B
3.94B – 3.94B
+16.4% YoY
2.47B
2.47B – 2.47B
-37.2% YoY
2.67B
2.67B – 2.67B
+8.0% YoY
3.07B
3.07B – 3.07B
+15.1% YoY
3.38B
3.38B – 3.38B
+10.0% YoY
3.94B
3.94B – 3.94B
+16.4% YoY
Net Income
432.76M
est: 402.09M (+7.6%)
833.14M
est: 848.16M (-1.8%)
1.13B
est: 1.39B (-18.5%)
1.56B
est: 1.26B (+23.7%)
1.16B
est: 1.65B (-29.8%)
1.32B
est: 1.93B (-31.6%)
1.37B
est: 1.31B (+4.1%)
1.90B
est: 1.64B (+16.1%)
2.43B
est: 1.57B (+55.1%)
1.67B
est: 2.22B (-24.8%)
2.56B
est: 1.80B (+42.3%)
2.39B
2.39B – 2.39B
+32.7% YoY
2.88B
2.88B – 2.88B
+20.4% YoY
3.69B
3.69B – 3.69B
+28.2% YoY
1.63B
1.63B – 1.63B
-55.7% YoY
1.80B
1.80B – 1.80B
+10.2% YoY
2.39B
2.39B – 2.39B
+32.7% YoY
2.88B
2.88B – 2.88B
+20.4% YoY
3.69B
3.69B – 3.69B
+28.2% YoY
SGA
est: 399.54M (-100.0%)
1.29B
est: 441.20M (+193.3%)
551.22M
est: 445.74M (+23.7%)
566.55M
est: 3.63B (-84.4%)
493.22M
est: 571.17M (-13.6%)
428.87M
est: 656.59M (-34.7%)
377.28M
est: 3.78B (-90.0%)
403.88M
est: 556.93M (-27.5%)
495.29M
est: 1.89B (-73.7%)
642.12M
est: 630.92M (+1.8%)
892.18M
est: 616.74M (+44.7%)
709.90M
709.90M – 709.90M
+15.1% YoY
780.66M
780.66M – 780.66M
+10.0% YoY
908.64M
908.64M – 908.64M
+16.4% YoY
571.06M
571.06M – 571.06M
-37.2% YoY
616.74M
616.74M – 616.74M
+8.0% YoY
709.90M
709.90M – 709.90M
+15.1% YoY
780.66M
780.66M – 780.66M
+10.0% YoY
908.64M
908.64M – 908.64M
+16.4% YoY
EPS
9.93
est: 9.21 (+7.8%)
19.09
est: 19.43 (-1.7%)
25.99
est: 31.90 (-18.5%)
35.79
est: 36.01 (-0.6%)
26.48
est: 37.72 (-29.8%)
30.17
est: 44.13 (-31.6%)
31.29
est: 37.45 (-16.4%)
43.59
est: 41.26 (+5.6%)
55.65
est: 45.72 (+21.7%)
38.26
est: 50.66 (-24.5%)
58.70
est: 41.26 (+42.3%)
54.77
54.77 – 54.77
+32.7% YoY
65.93
65.93 – 65.93
+20.4% YoY
84.55
84.55 – 84.55
+28.2% YoY
37.45
37.45 – 37.45
-55.7% YoY
41.26
41.26 – 41.26
+10.2% YoY
54.77
54.77 – 54.77
+32.7% YoY
65.93
65.93 – 65.93
+20.4% YoY
84.55
84.55 – 84.55
+28.2% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-08 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-07 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-06 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-05 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-04 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-30 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-29 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-28 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-27 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-24 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-23 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-22 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-21 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-20 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-04-17 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-16 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
986.15M
OE per share TTM
22.60
Owner's Yield
2.62%
Maintenance CapEx ratio
81.04%
Maint CapEx / Avg PPE
45.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
32.37M
Shares Outstanding
43.65M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Ravindra Kumar Goyal MD & Executive Director 153M male
Anand Shirsat General Manager of Legal & HR male
Bal Mukand Maheshwari Chief Financial Officer male
Deepti R. Puranik Company Secretary & Compliance Officer female
K. Biswal Senior Vice President of Quality Assurance male
S. Ghosh Chief of Projects & Director of Projects male
Sanjay V. Yewale President male
Ajit R. Yadav Vice President of Marketing male
Vivek Sinha Senior Vice President of Marketing male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits