Indian Metals

  • Market Cap: Small Cap
  • Industry: Ferrous Metals
  • ISIN: INE919H01018
  • NSEID: IMFA
  • BSEID: 533047
INR
1,243.00
43.65 (3.64%)
BSENSE

Mar 25

BSE+NSE Vol: 1.41 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

1.41 lacs (39.81%) Volume

Shareholding (Dec 2025)

FII

3.35%

Held by 79 FIIs

DII

0.53%

Held by 0 DIIs

Promoter

58.69%

how big is Indian Metals?

06-Jun-2025

As of Jun 06, Indian Metals & Ferro Alloys Ltd has a market capitalization of 3,932.98 Cr, with recent net sales of 2,564.57 Cr and a net profit of 378.72 Cr. Shareholder's funds are valued at 2,120.09 Cr, and total assets amount to 2,831.82 Cr.

Market Cap: As of Jun 06, Indian Metals & Ferro Alloys Ltd has a market capitalization of 3,932.98 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, the company reported a sum of Net Sales amounting to 2,564.57 Cr and a sum of Net Profit of 378.72 Cr. This data is Consolidated.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the latest annual period ending in Mar'24. The Shareholder's Funds are valued at 2,120.09 Cr, while the Total Assets amount to 2,831.82 Cr.

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What is the bonus history of the Indian Metals?

06-Jun-2025

Indian Metals & Ferro Alloys Ltd announced a 1:1 bonus issue, with an ex-date of January 7, 2022, and a record date of January 10, 2022, allowing shareholders to receive one additional share for each share held.

The bonus history of Indian Metals & Ferro Alloys Ltd includes a notable event where the company announced a 1:1 bonus issue. The ex-date for this bonus was January 7, 2022, and the record date was January 10, 2022. This means that shareholders on record as of the record date were entitled to receive one additional share for every share they held.

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Who are the peers of the Indian Metals?

03-Jun-2025

Peers of Indian Metals include JSW Steel, Tata Steel, Jindal Steel, Lloyds Metals, SAIL, Maithan Alloys, Prakash Industri, Mukand, and Vraj Iron. Lloyds Metals leads in 1-year returns at 105.66%, while Indian Metals has a return of -3.32%.

Peers: The peers of Indian Metals are JSW Steel, Tata Steel, Jindal Steel, Lloyds Metals, SAIL, Maithan Alloys, Prakash Industri, Mukand, and Vraj Iron.<BR><BR>Quality Snapshot: Excellent management risk is observed at JSW Steel, Tata Steel, Jindal Steel, Lloyds Metals, and SAIL, while Average management risk is found at Indian Metals, Maithan Alloys, Mukand, and Vraj Iron, and Below Average management risk is noted at Prakash Industri. Growth is Excellent at Lloyds Metals, Good at Indian Metals, JSW Steel, and Mukand, Average at Tata Steel and Jindal Steel, and Below Average at SAIL, Maithan Alloys, Prakash Industri, and Vraj Iron. For Capital Structure, Excellent is seen at Indian Metals, Lloyds Metals, Maithan Alloys, and Vraj Iron, Good at Jindal Steel and Prakash Industri, Average at Tata Steel, and Below Average at JSW Steel and SAIL.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Lloyds Metals at 105.66%, while Tata Steel has the lowest at -9.04%. Indian Metals' 1-year return of -3.32% is better than Tata Steel's but worse than Lloyds Metals'. Additionally, SAIL, Mukand, and Vraj Iron have negative six-month returns.

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Who are in the management team of Indian Metals?

16-Jul-2025

As of March 2023, the management team of Indian Metals includes Baijayant Panda (Vice Chairman), Subhrakant Panda (Managing Director), N R Mohanty (Chairman), and several other directors and executives responsible for the company's operations and strategy.

As of March 2023, the management team of Indian Metals includes the following individuals:<BR><BR>1. Baijayant Panda - Vice Chairman<BR>2. Subhrakant Panda - Managing Director<BR>3. N R Mohanty - Chairman (Non-Executive)<BR>4. S P Mathur - Independent Director<BR>5. Prem Khandelwal - Chief Finance Officer & Company Secretary<BR>6. C R Ray - Whole-time Director<BR>7. Stefan Georg Amrein - Director<BR>8. Bijoy Kumar Das - Independent Director<BR>9. Latha Ravindran - Independent Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

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What does Indian Metals do?

17-Jul-2025

Indian Metals & Ferro Alloys Ltd is India's largest producer of ferro chrome, classified as a Small Cap company with a market cap of INR 4,084 Cr. As of March 2025, it reported net sales of 5,672 Cr and a net profit of 473 Cr.

Overview:<BR>Indian Metals & Ferro Alloys Ltd is a leading, fully integrated producer of ferro chrome in India, operating within the Ferrous Metals industry and classified as a Small Cap company.<BR><BR>History:<BR>The company was incorporated on November 20, 1961. It is recognized as India's largest producer of ferro chrome. The latest reported quarterly results for net sales and profit are for March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 5,672 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 473 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 4,084 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 11.00 <BR>Industry P/E: 8 <BR>Dividend Yield: 2.99% <BR>Debt-Equity: -0.23 <BR>Return on Equity: 16.13% <BR>Price to Book: 1.73 <BR><BR>Contact Details:<BR>Address: IMFA Building Bhomikhal, P O Rasulgarh Bhubaneswar Orissa : 751010 <BR>Tel: 91-674-2580100/25/3051000 <BR>Email: mail@imfa.in <BR>Website: http://www.imfa.in

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Who are the top shareholders of the Indian Metals?

17-Jul-2025

The top shareholders of Indian Metals include Subhrakant Panda, Trustee of B Panda Trust, with 51.59%, followed by Litec Company Limited at 12.77%. Individual investors hold 19.16%, mutual funds account for 0.73%, and foreign institutional investors hold 3.81%, with no pledged promoter holdings reported.

The top shareholders of Indian Metals include the promoters, with Subhrakant Panda, Trustee of B Panda Trust, holding the largest stake at 51.59%. The highest public shareholder is Litec Company Limited, which owns 12.77% of the shares. Additionally, individual investors collectively hold 19.16%, while mutual funds account for 0.73% through eight schemes, and foreign institutional investors (FIIs) hold 3.81% across 74 entities. There are no pledged promoter holdings reported.

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How has been the historical performance of Indian Metals?

04-Nov-2025

Indian Metals' historical performance shows fluctuating trends, with net sales decreasing to 2,564.57 crore in March 2025, while profit after tax increased to 379.32 crore. Despite declining sales, the company reported improved profit metrics and a rise in total assets.

Answer:<BR>The historical performance of Indian Metals shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2025, Indian Metals reported net sales of 2,564.57 crore, a decrease from 2,780.17 crore in March 2024 and 2,676.39 crore in March 2023. The total operating income for March 2025 was the same as net sales at 2,564.57 crore. The total expenditure, excluding depreciation, was 2,034.07 crore, down from 2,193.30 crore in the previous year. This resulted in an operating profit (PBDIT) of 596.98 crore for March 2025, slightly lower than 629.09 crore in March 2024. Profit before tax was 514.11 crore, showing a marginal decrease from 516.12 crore in March 2024, while profit after tax increased to 379.32 crore from 344.34 crore. The consolidated net profit for March 2025 was 378.72 crore, up from 343.57 crore in March 2024. The company's total assets rose to 3,177.44 crore in March 2025 from 2,912.67 crore in March 2024, with total liabilities also increasing to 3,177.44 crore. Cash flow from operating activities improved to 585.00 crore in March 2025, compared to 459.00 crore in March 2024, although the net cash outflow was recorded at -44.00 crore. Overall, the financial performance indicates a mixed trend with improvements in profit metrics despite declining sales.

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Is Indian Metals technically bullish or bearish?

06-Nov-2025

As of November 4, 2025, the technical trend is bullish, supported by strong indicators like the MACD and moving averages, despite a mildly bearish KST signal on the monthly chart.

As of 4 November 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, while Bollinger Bands also indicate bullish momentum in both time frames. The moving averages on the daily chart are bullish, further reinforcing the positive outlook. Although the KST shows a mildly bearish signal on the monthly chart, the overall trend remains bullish according to Dow Theory and the On-Balance Volume (OBV) metrics, which are bullish on both weekly and monthly charts.

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Has Indian Metals declared dividend?

06-Nov-2025

Yes, Indian Metals & Ferro Alloys Ltd has declared a 50% dividend, amounting to ₹5 per share, with an ex-date of November 11, 2025. The company has shown strong total returns across various periods, with a 5-year total return of 810.83%.

Indian Metals & Ferro Alloys Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 50%<BR>- Amount per share: 5<BR>- Ex-date: 11 Nov 25<BR><BR>Dividend Yield: 1.63%.<BR><BR>Total Returns by Period:<BR>In the 3-month period, the price return was 59.08%, the dividend return was 0.68%, resulting in a total return of 59.76%.<BR><BR>In the 6-month period, the price return was 98.77%, the dividend return was 1.62%, leading to a total return of 100.39%.<BR><BR>In the 1-year period, the price return was 58.31%, the dividend return was 3.27%, culminating in a total return of 61.58%.<BR><BR>In the 2-year period, the price return was 158.75%, the dividend return was 9.47%, resulting in a total return of 168.22%.<BR><BR>In the 3-year period, the price return was 364.95%, the dividend return was 25.58%, leading to a total return of 390.53%.<BR><BR>In the 4-year period, the price return was 185.97%, the dividend return was 19.01%, culminating in a total return of 204.98%.<BR><BR>In the 5-year period, the price return was 751.98%, the dividend return was 58.85%, resulting in a total return of 810.83%.<BR><BR>Overall, Indian Metals & Ferro Alloys Ltd has declared a significant dividend alongside impressive total returns across various periods, indicating strong financial performance and shareholder value enhancement.

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Is Indian Metals overvalued or undervalued?

10-Nov-2025

As of November 7, 2025, Indian Metals is considered overvalued with a PE Ratio of 19.51 and unfavorable valuation metrics compared to peers like Maithan Alloys and Nagpur Power, despite a strong year-to-date stock performance of 39.88%.

As of 7 November 2025, the valuation grade for Indian Metals has moved from attractive to expensive, indicating a shift in perception regarding its market value. The company is currently considered overvalued. Key ratios include a PE Ratio of 19.51, an EV to EBITDA of 0.56, and a Price to Book Value of 0.26, which suggest that the company's valuation metrics are not favorable compared to its peers.<BR><BR>In comparison to its industry, Maithan Alloys, which is rated as attractive, has a significantly lower PE Ratio of 4.45 and an EV to EBITDA of 7.75, highlighting the disparity in valuation. Additionally, Nagpur Power is also categorized as expensive with a PE Ratio of 50.47, further illustrating the high valuation of Indian Metals relative to its competitors. Despite the recent stock performance showing a 39.88% return year-to-date compared to the Sensex's 6.50%, the current valuation metrics suggest that Indian Metals is not justified at its current price level.

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When is the next results date for Indian Metals & Ferro Alloys Ltd?

30-Jan-2026

The next results date for Indian Metals & Ferro Alloys Ltd is 05 February 2026.

The next results date for Indian Metals & Ferro Alloys Ltd is scheduled for 05 February 2026.

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Are Indian Metals & Ferro Alloys Ltd latest results good or bad?

06-Feb-2026

Indian Metals & Ferro Alloys Ltd's latest results show strong profitability with a net profit increase of 34.68% QoQ and 40.69% YoY, but revenue declined 2.20% QoQ despite a 9.27% YoY increase, raising concerns about future sales momentum. Investors should monitor upcoming revenue trends for sustainability.

The latest results for Indian Metals & Ferro Alloys Ltd (IMFA) present a mixed picture. On the positive side, the company reported a net profit of ₹131.29 crores for Q3 FY26, which reflects a significant increase of 34.68% quarter-on-quarter (QoQ) and 40.69% year-on-year (YoY). This growth in net profit is indicative of strong operational performance, particularly with an impressive operating margin of 23.38%, which is the highest recorded in recent history.<BR><BR>However, there is a note of caution regarding revenue, which saw a decline of 2.20% QoQ, dropping to ₹702.83 crores, although it did show a healthy increase of 9.27% YoY. This sequential revenue decline suggests potential challenges in maintaining sales momentum, which could be a concern moving forward.<BR><BR>Overall, while the profitability metrics are strong and indicate operational excellence, the revenue decline raises questions about the sustainability of this performance. Investors should keep an eye on future revenue trends to gauge whether this is a temporary dip or a sign of underlying issues.

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Should I buy, sell or hold Indian Metals & Ferro Alloys Ltd?

06-Feb-2026

Why is Indian Metals & Ferro Alloys Ltd falling/rising?

17-Mar-2026

As of 17-Mar, Indian Metals & Ferro Alloys Ltd's stock price has risen to 1,258.95, up 5.94%, driven by strong recent performance, positive financial results, and favorable sector conditions. The stock has outperformed its sector and shows significant growth in profitability metrics, enhancing investor confidence.

As of 17-Mar, Indian Metals & Ferro Alloys Ltd is experiencing a rise in its stock price, currently at 1,258.95, reflecting an increase of 70.6 points or 5.94%. This upward movement can be attributed to several factors. <BR><BR>Firstly, the stock has shown a strong performance today, outperforming its sector by 1.27% and achieving a consecutive gain over the last two days, with a total return of 6.78% during this period. Additionally, the stock reached an intraday high of Rs 1266, indicating positive trading momentum.<BR><BR>Moreover, the company has recently reported positive financial results after a series of negative quarters, with significant growth in profit before tax and operating profit margins. The operating profit has grown at an impressive annual rate of 34.31%, and the latest quarterly results show a notable increase in profitability metrics, which likely boosts investor confidence.<BR><BR>Despite a decline in delivery volume, the stock remains liquid enough for trading, and its low debt-to-equity ratio suggests financial stability. The overall positive sentiment in the Ferro & Silica Manganese sector, which has gained by 4.66%, also contributes to the stock's upward trend. <BR><BR>In summary, the combination of strong recent performance, positive financial results, and favorable sector conditions are key reasons for the rising stock price of Indian Metals & Ferro Alloys Ltd.

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Why is Indian Metals & Ferro Alloys Ltd falling/rising?

18-Mar-2026

As of 18-Mar, Indian Metals & Ferro Alloys Ltd's stock price is rising slightly to 1,255.50, driven by recent positive performance and increased investor interest. Despite underperforming its sector today, the company's strong long-term outlook and financial improvements suggest potential for continued growth.

As of 18-Mar, Indian Metals & Ferro Alloys Ltd is experiencing a slight rise in its stock price, currently at 1,255.50, with a change of 0.6 (0.05%) upward. This increase can be attributed to a few key factors. Firstly, the stock has shown a positive performance over the last three days, gaining 6.48% during this period. Additionally, there has been a rise in investor participation, with delivery volume increasing by 11.68% against the five-day average, indicating growing interest in the stock.<BR><BR>Despite this recent uptick, it is important to note that the stock has underperformed its sector by 0.53% today. However, the overall long-term outlook remains positive, as the company has demonstrated consistent returns over the past three years, including a remarkable 99.76% return in the last year. The company has also reported positive financial results after a series of negative quarters, with significant improvements in operating profit metrics.<BR><BR>Moreover, the company's low debt-to-equity ratio of 0.08 times and a healthy annual growth rate of 34.31% in operating profit contribute to a favorable investment profile. While the stock is currently higher than its 5-day, 20-day, and 200-day moving averages, it remains lower than its 50-day and 100-day moving averages, suggesting potential for further upward movement. Overall, the combination of recent gains, increased investor interest, and strong financial performance supports the stock's rising trend.

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Why is Indian Metals & Ferro Alloys Ltd falling/rising?

19-Mar-2026

As of 19-Mar, Indian Metals & Ferro Alloys Ltd's stock price is declining, currently at 1,231.45, down 2.16% after a trend reversal. Despite strong long-term growth indicators, the stock is underperforming against the market and facing significant short-term challenges.

As of 19-Mar, Indian Metals & Ferro Alloys Ltd's stock price is falling, currently at 1,231.45, reflecting a decrease of 27.15 points or 2.16%. This decline follows a trend reversal after three consecutive days of gains. The stock has also underperformed relative to the broader market, with a 1-week performance of -2.69% compared to the Sensex's -2.40%. <BR><BR>Today's trading saw the stock reach an intraday low of Rs 1214.7, marking a significant drop of 3.49%. Additionally, the sector in which the company operates, Ferro & Silica Manganese, has experienced a decline of 3.62%. Investor participation appears to be waning, as evidenced by a 45.02% drop in delivery volume compared to the 5-day average. <BR><BR>Despite these negative indicators, the company has shown healthy long-term growth, with an annual operating profit growth rate of 34.31% and a low debt-to-equity ratio of 0.08 times. However, the current market conditions and sector performance are contributing to the stock's downward movement.

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Why is Indian Metals & Ferro Alloys Ltd falling/rising?

20-Mar-2026

As of 20-Mar, Indian Metals & Ferro Alloys Ltd's stock price is rising due to strong historical performance, improved financial results, and a stable financial position, currently at 1,238.15 with a 91.28% increase over the past year. However, a decline in investor participation may indicate caution despite the positive trends.

As of 20-Mar, Indian Metals & Ferro Alloys Ltd's stock price is rising, currently at 1,238.15, reflecting an increase of 15.05 (1.23%). This upward movement can be attributed to several factors. The stock has shown a strong performance over the past year, with a remarkable increase of 91.28%, significantly outperforming the Sensex, which only rose by 2.38% during the same period. Additionally, the company has recently reported positive financial results, marking a turnaround after four consecutive quarters of negative performance. Notably, the profit before tax has grown by 50.3% compared to the previous four-quarter average, and the operating profit to net sales ratio reached its highest at 23.38%.<BR><BR>Moreover, the stock's performance today, despite underperforming its sector by 1.24%, saw an intraday high of Rs 1,272.8, indicating positive trading activity. The company also maintains a low debt-to-equity ratio of 0.08 times, suggesting financial stability, which can attract investors. However, it is important to note that there has been a decline in investor participation, with delivery volume dropping by 50.9% against the five-day average, which could indicate some caution among investors. Overall, the combination of strong historical returns, improved financial results, and a stable financial position contributes to the stock's rising price.

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Why is Indian Metals & Ferro Alloys Ltd falling/rising?

23-Mar-2026

As of 23-Mar, Indian Metals & Ferro Alloys Ltd's stock price is at 1,176.00, reflecting a 5.05% decline. The stock has experienced a significant short-term drop, with reduced investor participation and a year-to-date decrease of 21.22%, aligning with broader sector declines.

As of 23-Mar, Indian Metals & Ferro Alloys Ltd's stock price is falling, currently at 1,176.00, which reflects a decrease of 62.5 (-5.05%). The stock opened the day with a loss of 2.75% and reached an intraday low of Rs 1172.15, marking a decline of 5.36%. This downward trend is consistent with the broader sector performance, as the Ferro & Silica Manganese sector has also fallen by 5.24%. <BR><BR>Investor participation has notably decreased, with delivery volume dropping by 56.85% compared to the 5-day average, indicating reduced interest from investors. Furthermore, while the stock has shown strong long-term growth and consistent returns over the past three years, the recent performance metrics reveal a significant decline in the short term, with a year-to-date drop of 21.22%, compared to a 14.70% decline in the benchmark Sensex. <BR><BR>Overall, the combination of a poor opening, low investor participation, and sector-wide declines contributes to the current falling price of Indian Metals & Ferro Alloys Ltd.

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Why is Indian Metals & Ferro Alloys Ltd falling/rising?

24-Mar-2026

As of 24-Mar, Indian Metals & Ferro Alloys Ltd's stock price has risen to 1,195.85, reflecting a 1.45% increase, driven by strong investor interest and positive financial results after previous losses. The stock has outperformed the market significantly, with an 83.71% return over the past year.

As of 24-Mar, Indian Metals & Ferro Alloys Ltd is experiencing a rise in its stock price, currently at 1,195.85, reflecting an increase of 17.1 (1.45%). This upward movement can be attributed to several factors. Firstly, the stock opened with a significant gain of 4.15% today, reaching an intraday high of Rs 1227.7. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 72.04% compared to the 5-day average, indicating heightened interest in the stock.<BR><BR>Despite the stock's recent underperformance against its sector by -0.74%, it has shown strong long-term growth potential, with an annual operating profit growth rate of 34.31%. Furthermore, the company has recently declared positive results after four consecutive negative quarters, achieving its highest quarterly PBDIT at Rs 164.31 crore and a robust operating profit margin of 23.38%.<BR><BR>Moreover, the stock has outperformed the broader market significantly, generating an impressive 83.71% return over the past year, while the market (BSE500) has seen negative returns of -2.67%. This strong performance relative to the market, combined with low debt levels and positive financial results, supports the current rise in the stock price of Indian Metals & Ferro Alloys Ltd.

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Why is Indian Metals & Ferro Alloys Ltd falling/rising?

25-Mar-2026

As of 25-Mar, Indian Metals & Ferro Alloys Ltd's stock price has risen to Rs 1,243.00, up 3.64%, driven by increased investor interest and strong performance relative to its sector. Despite a year-to-date decline, the stock has delivered a 97.13% return over the past year, indicating a strong long-term outlook.

As of 25-Mar, Indian Metals & Ferro Alloys Ltd is experiencing a rise in its stock price, currently at Rs 1,243.00, reflecting an increase of Rs 43.65 or 3.64%. This upward movement can be attributed to several factors. The stock has outperformed its sector by 1.09% today and has shown a consecutive gain over the last two days, accumulating a total return of 5.45% during this period. Additionally, the stock reached an intraday high of Rs 1,295, marking a significant increase of 7.98%.<BR><BR>Investor participation has also increased, with a delivery volume of 76.15k on 24 March, which is 91.36% higher than the five-day average. This suggests a growing interest among investors, contributing to the stock's positive momentum. Furthermore, the sector itself, Ferro & Silica Manganese, has gained by 2.55%, indicating a favorable environment for the stock.<BR><BR>Despite some negative trends in the short term, such as a year-to-date decline of 16.73%, the long-term outlook remains strong, with a remarkable 97.13% return over the past year, significantly outperforming the broader market, which has seen negative returns. The company's healthy operating profit growth and low debt-to-equity ratio also support its stability and attractiveness to investors. Overall, these factors collectively contribute to the rising stock price of Indian Metals & Ferro Alloys Ltd.

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iScoreScore
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Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

1

Company has a low Debt to Equity ratio (avg) at 0.08 times

 
2

Healthy long term growth as Operating profit has grown by an annual rate 34.31%

 
3

The company has declared positive results in Dec'2025 after 4 consecutive negative quarters

4

With ROE of 13.2, it has a Very Expensive valuation with a 2.7 Price to Book Value

5

Despite the size of the company, domestic mutual funds hold only 0.29% of the company

6

Market Beating Performance

stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

Ferrous Metals

stock-summary
Market cap

INR 6,700 Cr (Small Cap)

stock-summary
P/E

18.00

stock-summary
Industry P/E

11

stock-summary
Dividend Yield

0.84%

stock-summary
Debt Equity

-0.24

stock-summary
Return on Equity

13.16%

stock-summary
Price to Book

2.57

Revenue and Profits:
Net Sales:
703 Cr
(Quarterly Results - Dec 2025)
Net Profit:
131 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.84%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-12.11%
0%
-12.11%
6 Months
7.0%
0.44%
7.44%
1 Year
97.13%
1.59%
98.72%
2 Years
102.34%
6.45%
108.79%
3 Years
332.8%
20.78%
353.58%
4 Years
186.74%
15.74%
202.48%
5 Years
461.3%
36.07%
497.37%

Latest dividend: 5 per share ex-dividend date: Nov-11-2025

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

Announcements stock-summary

Closure of Trading Window

24-Mar-2026 | Source : BSE

As per corporate announcement attached

Update

16-Mar-2026 | Source : BSE

As per corporate announcement attached

Shareholder Meeting / Postal Ballot-Scrutinizers Report

13-Mar-2026 | Source : BSE

As per corporate annancement attached

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

Indian Metals & Ferro Alloys Ltd has declared 50% dividend, ex-date: 11 Nov 25

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

Indian Metals & Ferro Alloys Ltd has announced 1:1 bonus issue, ex-date: 07 Jan 22

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
9.81%
EBIT Growth (5y)
34.31%
EBIT to Interest (avg)
12.98
Debt to EBITDA (avg)
0.83
Net Debt to Equity (avg)
-0.24
Sales to Capital Employed (avg)
1.08
Tax Ratio
23.40%
Dividend Payout Ratio
10.26%
Pledged Shares
0
Institutional Holding
3.99%
ROCE (avg)
24.78%
ROE (avg)
17.89%

Valuation key factors

Factor
Value
P/E Ratio
18
Industry P/E
11
Price to Book Value
2.67
EV to EBIT
13.90
EV to EBITDA
12.25
EV to Capital Employed
3.19
EV to Sales
2.32
PEG Ratio
18.21
Dividend Yield
0.80%
ROCE (Latest)
21.18%
ROE (Latest)
13.16%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 8 Schemes (0.12%)

FIIs

Held by 79 FIIs (3.35%)

Promoter with highest holding

Subhrakant Panda, Trustee, B Panda Trust (51.59%)

Highest Public shareholder

Litec Company Limited (12.77%)

Individual Investors Holdings

19.34%

stock-summaryFinancial
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      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2025 is 34.68% vs 5.62% in Sep 2025",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Sep'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "702.83",
          "val2": "718.65",
          "chgp": "-2.20%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "164.31",
          "val2": "138.33",
          "chgp": "18.78%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "9.27",
          "val2": "8.09",
          "chgp": "14.59%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "131.29",
          "val2": "97.48",
          "chgp": "34.68%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "23.38%",
          "val2": "19.25%",
          "chgp": "4.13%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2025 is 0.44% vs -2.88% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2025 is -20.29% vs 19.30% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,360.19",
          "val2": "1,354.20",
          "chgp": "0.44%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "263.79",
          "val2": "331.79",
          "chgp": "-20.49%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "15.10",
          "val2": "10.04",
          "chgp": "50.40%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "189.77",
          "val2": "238.08",
          "chgp": "-20.29%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "19.39%",
          "val2": "24.50%",
          "chgp": "-5.11%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2025 is 3.28% vs -3.95% in Dec 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2025 is -3.12% vs 7.51% in Dec 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'25",
        "Dec'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,063.02",
          "val2": "1,997.42",
          "chgp": "3.28%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "428.10",
          "val2": "459.97",
          "chgp": "-6.93%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "24.37",
          "val2": "18.27",
          "chgp": "33.39%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "321.06",
          "val2": "331.40",
          "chgp": "-3.12%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "20.75%",
          "val2": "23.03%",
          "chgp": "-2.28%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'25",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2025 is -7.75% vs 3.88% in Mar 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2025 is 10.23% vs 52.52% in Mar 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'25",
        "Mar'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,564.57",
          "val2": "2,780.17",
          "chgp": "-7.75%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "530.50",
          "val2": "586.87",
          "chgp": "-9.61%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "28.27",
          "val2": "34.94",
          "chgp": "-19.09%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "378.72",
          "val2": "343.57",
          "chgp": "10.23%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "20.69%",
          "val2": "21.11%",
          "chgp": "-0.42%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Consolidated) - Dec'25 - QoQstock-summary

Dec'25
Sep'25
Change(%)
Net Sales
702.83
718.65
-2.20%
Operating Profit (PBDIT) excl Other Income
164.31
138.33
18.78%
Interest
9.27
8.09
14.59%
Exceptional Items
0.00
0.00
Consolidate Net Profit
131.29
97.48
34.68%
Operating Profit Margin (Excl OI)
23.38%
19.25%
4.13%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2025 is -2.20% vs 12.02% in Sep 2025

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2025 is 34.68% vs 5.62% in Sep 2025

Half Yearly Results Snapshot (Consolidated) - Sep'25stock-summary

Sep'25
Sep'24
Change(%)
Net Sales
1,360.19
1,354.20
0.44%
Operating Profit (PBDIT) excl Other Income
263.79
331.79
-20.49%
Interest
15.10
10.04
50.40%
Exceptional Items
0.00
0.00
Consolidate Net Profit
189.77
238.08
-20.29%
Operating Profit Margin (Excl OI)
19.39%
24.50%
-5.11%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2025 is 0.44% vs -2.88% in Sep 2024

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2025 is -20.29% vs 19.30% in Sep 2024

Nine Monthly Results Snapshot (Consolidated) - Dec'25stock-summary

Dec'25
Dec'24
Change(%)
Net Sales
2,063.02
1,997.42
3.28%
Operating Profit (PBDIT) excl Other Income
428.10
459.97
-6.93%
Interest
24.37
18.27
33.39%
Exceptional Items
0.00
0.00
Consolidate Net Profit
321.06
331.40
-3.12%
Operating Profit Margin (Excl OI)
20.75%
23.03%
-2.28%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2025 is 3.28% vs -3.95% in Dec 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2025 is -3.12% vs 7.51% in Dec 2024

Annual Results Snapshot (Consolidated) - Mar'25stock-summary

Mar'25
Mar'24
Change(%)
Net Sales
2,564.57
2,780.17
-7.75%
Operating Profit (PBDIT) excl Other Income
530.50
586.87
-9.61%
Interest
28.27
34.94
-19.09%
Exceptional Items
0.00
0.00
Consolidate Net Profit
378.72
343.57
10.23%
Operating Profit Margin (Excl OI)
20.69%
21.11%
-0.42%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is -7.75% vs 3.88% in Mar 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2025 is 10.23% vs 52.52% in Mar 2024

stock-summaryCompany CV
About Indian Metals & Ferro Alloys Ltd stock-summary
stock-summary
Indian Metals & Ferro Alloys Ltd
Small Cap
Ferrous Metals
Indian Metals & Ferro Alloys Limited (IMFA) established in November 20, 1961, is a leading, fully integrated producer of ferro chrome in India. Located in the State of Odisha known for its natural resources, the Company is India's largest producer of ferro chrome with 190 MVA installed furnace capacity backed up by 204.55 MW captive power facilities and extensive chrome ore mining tracts. The Company's ferro chrome output is primarily exported to Korea, China, Japan and Taiwan.
Company Coordinates stock-summary
Company Details
IMFA Building Bhomikhal, P O Rasulgarh Bhubaneswar Orissa : 751010
stock-summary
Tel: 91-674-2580100/25/3051000
stock-summary
mail@imfa.in
Registrar Details
Indian Metals & Ferro Alloys Ltd., I M F A Building, Bomikhal, P O Rasulgarh, Bhubaneswar