| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 960 | 642 | +49.7% |
| EBITDA | 281 | 125 | +124.2% |
| EBITDA margin | 29.3% | 19.6% | +9.7 pts |
| Profit before tax | 258 | 126 | +105.5% |
| Net profit | 193 | 92.5 | +108.1% |
| EPS | ₹35.65 | ₹17.10 | +108.5% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 5,872 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 404 | 404 | 916 | 423 | 272 | ||
| 8.9 | 8.9 | 8.9 | 7.8 | 30.3 | ||
| 924 | 924 | 373 | 168 | 321 | ||
| 6,401 | — | — | — | — | ||
| 3,145 | 2,826 | 2,565 | 2,780 | 2,676 | ||
| — | +10.2% | −7.8% | +3.9% | — | ||
| 743 | 587 | 531 | 587 | 488 | ||
| 23.6% | 20.8% | 20.7% | 21.1% | 18.3% | ||
| 671 | 524 | 476 | 509 | 381 | ||
| 525 | 425 | 379 | 372 | 226 | ||
| 16.7% | 15.0% | 14.8% | 13.4% | 8.4% | ||
| ₹97.25 | ₹78.63 | ₹70.19 | ₹73.12 | ₹41.84 | ||
| — | +12.0% | −4.0% | +74.7% | — | ||
| — | 318 | 585 | 512 | 151 | ||
| — | −1,335 | −116 | −114 | −230 | ||
| −1,017 | −1,017 | 470 | 399 | −79.4 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 5,871.9 | |
| - Cash, Equiv & ST Investments | 272.2 | 423.4 | 915.7 | 403.9 | 403.9 | |
| + Minority Interest | 30.3 | 7.8 | 8.9 | 8.9 | 8.9 | |
| + Total Debt | 321.4 | 168.2 | 372.7 | 923.7 | 923.7 | |
| Enterprise Value | — | — | — | — | 6,400.5 | |
| Revenue | 2,676.4 | 2,780.2 | 2,564.6 | 2,826.3 | 3,145.2 | |
| Growth %, YoY | — | +3.9 | -7.8 | +10.2 | — | |
| EBITDA | 488.5 | 586.9 | 530.5 | 587.2 | 743.0 | |
| Margin % | 18.25 | 21.11 | 20.69 | 20.77 | 23.62 | |
| EBIT | 381.2 | 508.8 | 475.9 | 524.2 | 671.4 | |
| Net Income | 225.8 | 372.4 | 379.3 | 424.7 | 524.8 | |
| Margin % | 8.44 | 13.39 | 14.79 | 15.03 | 16.68 | |
| EPS, Adj (current shares) | 41.84 | 73.12 | 70.19 | 78.63 | 97.25 | |
| Growth %, YoY | — | +74.7 | -4.0 | +12.0 | — | |
| Cash from Operations | 150.9 | 512.1 | 585.4 | 318.1 | — | |
| Capital Expenditures | -230.3 | -113.6 | -115.8 | -1,335.5 | — | |
| Free Cash Flow | -79.4 | 398.5 | 469.6 | -1,017.4 | -1,017.4 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Indian Metals & Ferro Alloys (NSE: IMFA) had a market capitalisation of ₹5,971 crore at the 29 October 2026 close (₹1,106.50 a share), a PE ratio of 11.4 on the last four quarters' profit and a price-to-book ratio of 2.20. In FY26 its consolidated net profit was ₹424 crore on revenue of ₹2,826 crore; in Q1 FY27 (April–June 2026) it was ₹192 crore, up 108.4% year on year. Its debt-to-equity ratio was 0.34 on 31 March 2026. Promoters held 58.69% of the shares on 30 September 2026.
Indian Metals & Ferro Alloys' PE ratio is 11.4 at the 29 October 2026 close (₹1,106.50 a share): a market capitalisation of ₹5,971 crore divided by consolidated net profit of ₹525 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹424 crore) it is 14.1.
Indian Metals & Ferro Alloys' price-to-book (PB) ratio is 2.20 at the 29 October 2026 close: a market capitalisation of ₹5,971 crore divided by shareholders' equity (book value) of ₹2,718 crore on 31 March 2026. That is a book value of ₹503.62 per share against a share price of ₹1,106.50.
Indian Metals & Ferro Alloys' net worth — shareholders' equity in its consolidated balance sheet — was ₹2,718 crore on 31 March 2026, up 15.7% from ₹2,348 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹5,971 crore at the 29 October 2026 close.
Indian Metals & Ferro Alloys' market capitalisation was ₹5,971 crore at the 29 October 2026 close: 5.4 crore shares at ₹1,106.50 each.
No. Indian Metals & Ferro Alloys had borrowings of ₹924 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.34. Its cash and current investments were ₹417 crore, so its net debt was ₹507 crore.
Indian Metals & Ferro Alloys' basic earnings per share (EPS) were ₹78.64 in FY26, against ₹70.19 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹97.18.
Indian Metals & Ferro Alloys' debt-to-equity ratio was 0.34 on 31 March 2026: borrowings of ₹924 crore against total equity of ₹2,726 crore. A year earlier, on 31 March 2025, it was 0.16.
Indian Metals & Ferro Alloys' book value per share was ₹503.62 on 31 March 2026: shareholders' equity of ₹2,718 crore divided by the 5.4 crore shares in issue, up 15.7% from ₹435.18 a year earlier. The share price at the 29 October 2026 close was ₹1,106.50.
Promoters held 58.69% of Indian Metals & Ferro Alloys on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Indian Metals & Ferro Alloys' return on equity (ROE) was 16.8% and its return on capital employed (ROCE) was 18.8%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 17.0% and ROCE 20.5%.
Indian Metals & Ferro Alloys' dividend yield is 1.13% at the 29 October 2026 close: dividends of ₹12.50 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹1,106.50. They were ₹7.50 on 31 July 2026 and ₹5 on 11 November 2025 (interim).
On 30 September 2026, Indian Metals & Ferro Alloys' shares were held by promoters 58.69%, foreign portfolio investors (FII/FPI) 2.88%, domestic institutions (DII) 0.84% (including mutual funds at 0.08%) and retail and other non-institutional investors 37.60%. Over the year, FII holding was down 0.81 percentage points from 3.69% and DII holding was up 0.62 percentage points from 0.22%.
In 2026, Indian Metals & Ferro Alloys has declared one dividend: ₹7.50 with record date 31 July 2026.
In FY26, Indian Metals & Ferro Alloys generated ₹318 crore of cash from operations and spent ₹1,335 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹1,017 crore. In FY25 it was ₹470 crore.
Indian Metals & Ferro Alloys will announce its Q2 FY27 results (July–September 2026) on Wednesday, 4 November 2026, the date of the board meeting it has notified to the exchanges.
Indian Metals & Ferro Alloys' latest results are for Q1 FY27 (April–June 2026), filed on 4 August 2026: consolidated net profit ₹192 crore, up 108.4% from ₹92.3 crore in Q1 FY26; revenue from operations ₹960 crore, up 49.7% year on year.
In FY26 (April 2025–March 2026), Indian Metals & Ferro Alloys' consolidated net profit was ₹424 crore, up 12.0% from ₹379 crore in FY25, on revenue from operations of ₹2,826 crore (up 10.2%). Over three years, from FY23, net profit was up 87.9%.
At the 29 October 2026 closing prices, on FY26 net profit, Indian Metals & Ferro Alloys' PE ratio is 14.1, the lowest of the three: Jindal Stainless 17.6 and Tata Steel 19.6, a peer average of 18.6. Each is the company's market capitalisation at that price divided by its FY26 net profit.
On FY26 consolidated figures, against Jindal Stainless and Tata Steel: Indian Metals & Ferro Alloys' operating margin of 18.6% is the highest of the three (Jindal Stainless 10.5%, Tata Steel 9.7%; peer average 10.1%); its return on equity of 16.8% is the second highest of the three (Jindal Stainless 17.5%, Tata Steel 11.2%; peer average 14.3%); its revenue growth over three years of 1.8% a year is the second highest of the three (Jindal Stainless 6.4% a year, Tata Steel −1.6% a year; peer average 2.4% a year).
In FY26, Indian Metals & Ferro Alloys earned net profit of ₹424 crore on revenue of ₹2,826 crore, against ₹3,193 crore on ₹42,955 crore for Jindal Stainless. Indian Metals & Ferro Alloys' operating margin was 18.6% (Jindal Stainless 10.5%) and its return on equity 16.8% (Jindal Stainless 17.5%). At the 29 October 2026 close, Indian Metals & Ferro Alloys' market capitalisation was ₹5,971 crore against ₹56,248 crore for Jindal Stainless, and its PE ratio on FY26 profit 14.1 against 17.6.
From Indian Metals & Ferro Alloys' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.