KIOCL is a flagship company under the Ministry of Steel, GoI, with Miniratna status. It is an export-oriented unit with expertise in iron ore mining, filtration technology, and the production of high-quality pellets. Presenting below are its Q1 FY26 earnings results.
Q1 FY26 Earnings Results
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Revenue from Operations: ₹90.94 crores, down 38.1% YoY (Q1 FY25: ₹147.37 crores).
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Profit Before Tax (PBT): -₹24.57 crores, improving from Q1 FY25 (PBT: -₹38.20 crores).
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Profit After Tax (PAT): -₹37.79 crores, a narrowed loss compared to Q1 FY25 (PAT: -₹50.72 crores).
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Net Sales: ₹90.92 crores, aligned with reported revenue, marking persistent operational challenges.
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Expenses: ₹146 crores, down YoY and QoQ, in line with revenue decrease.
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EPS: -₹0.62 in Q1 FY26 (estimate: Q1 FY25 -₹8.30).
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Share Performance: Stock has seen notable volatility; down ~21% past year, but up 145% over five years.
Management Commentary & Strategic Decisions
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Management acknowledged continued sectoral headwinds impacting pellet demand and sales, while operational cost controls helped limit losses.
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Strategic focus is on optimizing operations, exploring additional revenue from O&M services and mineral exploration, and tackling volatility in global iron ore markets.
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The company continues efforts for business diversification and improved plant utilization amidst fluctuating commodity cycles.
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Recent analyst consensus expects gradual demand recovery, with longer-term stock prospects tied to commodity recovery and successful strategic pivots.
Q4 FY25 Earnings Results
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Revenue from Operations: ₹246 crores.
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Profit After Tax (PAT): -₹36.5 crores.
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Expenses: ₹287 crores.
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EPS: -₹0.61.
To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.