KIC Metaliks

Why is KIC Metaliks Ltd falling/rising?

As of 09-Jun, KIC Metaliks Ltd's stock price is at Rs 35.69, down 3.44%, continuing a trend of underperformance with a total drop of 5.33% over the last two days. The stock faces significant selling pressure and decreased investor participation, indicating a challenging environment.

As of 09-Jun, KIC Metaliks Ltd's stock price is falling, currently at Rs 35.69, which reflects a decrease of Rs 1.27 or 3.44%. This decline is part of a broader trend, as the stock has been underperforming in recent days, with a consecutive fall over the last two days resulting in a total drop of 5.33%. <BR><BR>Today, the stock opened with a loss of 2.57% and reached an intraday low of Rs 35.52, indicating significant selling pressure. Additionally, the stock has underperformed its sector by 5.4%, suggesting that it is not only facing challenges relative to the market but also within its industry. <BR><BR>Investor participation has also decreased, with delivery volume dropping by 70.23% compared to the 5-day average, which may indicate a lack of confidence among investors. Although the stock is trading above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages, further suggesting a short-term bearish trend. <BR><BR>Overall, these factors contribute to the stock's current decline, reflecting a challenging environment for KIC Metaliks Ltd.

Which are the latest news on KIC Metaliks?

Should I buy, sell or hold KIC Metaliks Ltd?

Are KIC Metaliks Ltd latest results good or bad?

KIC Metaliks Ltd's latest results are concerning, showing a 37.14% decline in revenue and an 87.25% drop in net profit quarter-on-quarter, with significant year-on-year declines as well. The company's high debt levels and collapsing margins indicate serious operational challenges and a bleak outlook.

KIC Metaliks Ltd's latest results are concerning and indicate significant challenges for the company. In the most recent quarter, the company reported a dramatic decline in both revenue and net profit. Revenue fell by 37.14% quarter-on-quarter to ₹85.14 crores, while net profit plummeted 87.25% to ₹1.94 crores. This resulted in operating margins collapsing to just 0.18%, down from 15.13% in the previous quarter.<BR><BR>The year-on-year comparison is even more alarming, with net sales down 60.52% and net profit down 84.32% compared to the same quarter last year. Such a steep decline suggests not only cyclical issues but potentially deeper structural problems within the company's business model.<BR><BR>Additionally, the company's financial health is under scrutiny due to high leverage, with a debt-to-EBITDA ratio of 7.64x, and negative returns on equity and capital employed. The absence of institutional interest further complicates the outlook, as there are no foreign institutional investors or mutual funds backing the company.<BR><BR>Overall, the results reflect a company in distress, struggling with operational execution and facing a challenging environment in the ferrous metals sector. The combination of collapsing margins, high debt levels, and significant underperformance relative to the market paints a bleak picture for KIC Metaliks Ltd.

When is the next results date for KIC Metaliks Ltd?

The next results date for KIC Metaliks Ltd is February 2, 2026.

The next results date for KIC Metaliks Ltd is scheduled for February 2, 2026.

How has been the historical performance of KIC Metaliks?

KIC Metaliks has experienced declining net sales from 848.84 Cr in March 2019 to 513.85 Cr in March 2022, but improved profitability metrics with a profit after tax of 38.67 Cr in March 2022, up from 10.47 Cr in March 2021. The company faces cash flow challenges, evidenced by a net cash outflow of 10.00 Cr in March 2022.

Answer:<BR>The historical performance of KIC Metaliks shows a fluctuating trend in key financial metrics over the past four years.<BR><BR>Breakdown:<BR>KIC Metaliks reported net sales of 513.85 Cr in March 2022, a decline from 550.62 Cr in March 2021 and 848.84 Cr in March 2019, indicating a downward trend in revenue. The total operating income mirrored this decline, with figures of 513.85 Cr in March 2022 and 550.62 Cr in March 2021, compared to 848.84 Cr in March 2019. The company's total expenditure decreased to 449.88 Cr in March 2022 from 523.27 Cr in March 2021, contributing to an operating profit (PBDIT) of 88.41 Cr in March 2022, a significant increase from 33.91 Cr in March 2021. Profit before tax also rose to 57.65 Cr in March 2022, up from 14.67 Cr in March 2021, leading to a profit after tax of 38.67 Cr, compared to 10.47 Cr in the previous year. The earnings per share (EPS) improved to 10.89 in March 2022 from 2.95 in March 2021. On the balance sheet, total liabilities decreased to 391.80 Cr in March 2022 from 415.47 Cr in March 2021, while total assets also fell to 391.80 Cr in March 2022. The company experienced a net cash outflow of 10.00 Cr in March 2022, contrasting with a net inflow of 6.00 Cr in March 2021, reflecting challenges in cash flow management. Overall, KIC Metaliks has shown improvement in profitability metrics despite declining sales and cash flow challenges.

Who are the top shareholders of the KIC Metaliks?

The top shareholder of KIC Metaliks is Karni Syntex Private Limited, owning 64.81% of the shares, with no pledged holdings. Individual investors hold 15.77%, and Flamingo Overseas Pvt Ltd is the highest public shareholder with 0%.

The top shareholders of KIC Metaliks primarily consist of promoters, with Karni Syntex Private Limited holding the largest share at 64.81%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. Additionally, individual investors collectively hold 15.77% of the shares, while Flamingo Overseas Pvt Ltd is noted as the highest public shareholder, holding 0%.

Is KIC Metaliks overvalued or undervalued?

As of May 22, 2025, KIC Metaliks is considered overvalued and risky, with a PE ratio of -23.30 and poor stock performance, significantly underperforming compared to peers like MMTC and PTC India.

As of 22 May 2025, KIC Metaliks has moved from a valuation grade of very attractive to risky, indicating a significant deterioration in its financial outlook. The company is currently considered overvalued. Key ratios include a PE ratio of -23.30, an EV to EBITDA of 21.49, and a Price to Book Value of 0.78, which highlight the challenges the company faces in generating profits and managing its capital effectively.<BR><BR>In comparison to its peers, KIC Metaliks' valuation appears unfavorable. For instance, MMTC has a PE ratio of 119.39, while PTC India stands out with a very attractive PE of 9.02, suggesting that KIC Metaliks is not only underperforming relative to these companies but also carries a higher risk. Furthermore, the company's recent stock performance has been lackluster, with a year-to-date return of -4.70%, contrasting sharply with the Sensex's gain of 5.63% during the same period, reinforcing the notion of its overvaluation.

What is the technical trend for KIC Metaliks?

As of May 23, 2025, KIC Metaliks shows a mildly bearish trend overall, influenced by daily moving averages and mixed signals from MACD and KST, despite some bullish indicators on the weekly chart.

As of 23 May 2025, the technical trend for KIC Metaliks has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The moving averages on a daily basis are mildly bearish, suggesting short-term weakness. Bollinger Bands show a bullish signal on the weekly chart but are mildly bearish on the monthly chart. The KST is mildly bullish weekly but bearish monthly, and Dow Theory supports a mildly bullish outlook on both weekly and monthly time frames. Overall, the current stance is mildly bearish, driven primarily by the daily moving averages and the mixed signals from the MACD and KST.

how big is KIC Metaliks?

As of October 2023, KIC Metaliks Ltd has a market capitalization of 142.00 Cr, with net sales of 513.85 Cr and a net profit of 38.68 Cr over the last four quarters. Shareholder's funds are 159.34 Cr, and total assets amount to 391.80 Cr.

Market Cap: KIC Metaliks Ltd has a market capitalization of 142.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes data from March 2022, December 2021, September 2021, and June 2021, is 513.85 Cr. The sum of Net Profit for the same period is 38.68 Cr. This data is Consolidated.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the latest annual period ending March 2022. The Shareholder's Funds are reported at 159.34 Cr, while the Total Assets amount to 391.80 Cr.

What does KIC Metaliks do?

KIC Metaliks Ltd manufactures and sells Pig Iron and operates in the Ferrous Metals industry. As of March 2025, it reported net sales of ₹179 Cr and a net loss of ₹4 Cr, with a market cap of ₹145 Cr.

Overview:<BR>KIC Metaliks Ltd is primarily engaged in the manufacturing and sale of Pig Iron, operating within the Ferrous Metals industry and categorized as a Micro Cap company.<BR><BR>History:<BR>KIC Metaliks Ltd, formerly known as Kajaria Iron Castings Limited, was incorporated in August 1986. The latest quarterly results reported are for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot:<BR>- Net Sales: 179 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: -4 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 145 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A (Loss Making)<BR>- Industry P/E: 30<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.68<BR>- Return on Equity: -3.36%<BR>- Price to Book: 0.73<BR><BR>Contact Details:<BR>Address: Sir RNM House 3B Lal Bazar St, 4th Floor Room No 2 Kolkata West Bengal : 700001<BR>Tel: 91-33-40076552<BR>Email: info@kicmetaliks.com<BR>Website: http://www.kicmetaliks.com

Who are in the management team of KIC Metaliks?

As of March 2023, the management team of KIC Metaliks includes R S Jalan (Chairman & Managing Director), R Fogla (Company Secretary), Laxmi Narayan Sharma, Manjula Poddar, Ishita Bose (Independent Directors), Mukesh Bengani (CFO), and Kanhaiyalal Didwania (Non-Executive Director). The team consists of both executive and non-executive members overseeing the company's governance and operations.

As of March 2023, the management team of KIC Metaliks includes the following individuals:<BR><BR>1. R S Jalan - Chairman & Managing Director<BR>2. R Fogla - Company Secretary & Compliance Officer<BR>3. Laxmi Narayan Sharma - Non-Executive & Independent Director<BR>4. Manjula Poddar - Non-Executive & Independent Director<BR>5. Mukesh Bengani - Director (Finance) & CFO<BR>6. Kanhaiyalal Didwania - Non-Executive & Non-Independent Director<BR>7. Ishita Bose - Independent Director<BR><BR>This team comprises a mix of executive and non-executive members, contributing to the governance and operational oversight of the company.

Has KIC Metaliks declared dividend?

No Dividend History Available

Who are the peers of the KIC Metaliks?

KIC Metaliks' peers include JSW Steel, Tata Steel, Jindal Steel, Lloyds Metals, SAIL, Facor Alloys, Chrome Silicon, Ankit Met.Power, and Impex Ferro Tech. KIC Metaliks has average management risk, below average growth, and a 1-year return of -25.82%, compared to Lloyds Metals' highest return of 105.71%.

Peers: The peers of KIC Metaliks are JSW Steel, Tata Steel, Jindal Steel, Lloyds Metals, SAIL, Facor Alloys, Chrome Silicon, Ankit Met.Power, and Impex Ferro Tech.<BR><BR>Quality Snapshot: Excellent management risk is observed at Lloyds Metals, while Good management risk is found at JSW Steel, Tata Steel, and Jindal Steel. Average management risk is present at KIC Metaliks, and the rest have Below Average management risk. Growth is Excellent at Lloyds Metals, Good at JSW Steel, and Average at Tata Steel and Jindal Steel. KIC Metaliks shows Below Average growth, and the rest have Below Average growth as well. Capital Structure is Excellent at Lloyds Metals, Good at Jindal Steel, Average at Tata Steel, and Below Average at KIC Metaliks and the rest.<BR><BR>Return Snapshot: Lloyds Metals has the highest 1-year return at 105.71%, while Facor Alloys has the lowest at -52.34%. KIC Metaliks' 1-year return is -25.82%, which is higher than Facor Alloys but lower than Lloyds Metals. Additionally, Facor Alloys, Chrome Silicon, Ankit Met.Power, Impex Ferro Tech, and QVC Exports have negative six-month returns.