KIC Metaliks
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KIC Metaliks resumed operations of its mini blast furnace at the Durgapur plant from 15 October 2026 after a shutdown intimated on 10 September 2026 for rectification work on the furnace and accessories. The Durgapur unit was the company's main integrated facility with hot metal capacity of 235,000 tonnes per annum, supported by a 360,000-tonne sinter plant and a 4.7 MW captive power plant. Foundry-grade pig iron made at the site accounted for about 80% of revenue, with gross revenue of about ₹783 crore in FY26 on output of 212,020 tonnes at 90.2% utilisation. Utilisation had reached 96% in the June quarter with total operating income of ₹228.23 crore before the September outage paused the recovery from FY25 when a planned rectification shutdown had cut utilisation to 73.2%. CARE upgraded the company's ₹120.01 crore bank facilities to BBB+ with stable outlook in September 2026, citing improved utilisation and financial risk profile.
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KIC Metaliks resumed operations of its mini blast furnace at the Durgapur plant from 15 October 2026 after a shutdown intimated on 10 September 2026 for rectification work on the furnace and accessories. The Durgapur unit was the company's main integrated facility with hot metal capacity of 235,000 tonnes per annum, supported by a 360,000-tonne sinter plant and a 4.7 MW captive power plant. Foundry-grade pig iron made at the site accounted for about 80% of revenue, with gross revenue of about ₹783 crore in FY26 on output of 212,020 tonnes at 90.2% utilisation. Utilisation had reached 96% in the June quarter with total operating income of ₹228.23 crore before the September outage paused the recovery from FY25 when a planned rectification shutdown had cut utilisation to 73.2%. CARE upgraded the company's ₹120.01 crore bank facilities to BBB+ with stable outlook in September 2026, citing improved utilisation and financial risk profile.
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KIC Metaliks shut its Durgapur plant from September 9, 2026, to carry out rectification work on the blast furnace and its accessories. It said the furnace would be restarted after the work and that the restart would be communicated to the stock exchange. The Durgapur facility is the company’s main integrated plant, with 235,000 tonnes a year of hot-metal capacity. KIC produced 212,020 tonnes of pig iron in FY26 at 90.2% capacity utilisation and reported revenue of ₹782.9 crore.
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KIC Metaliks shut its Durgapur plant from September 9, 2026, to carry out rectification work on the blast furnace and its accessories. It said the furnace would be restarted after the work and that the restart would be communicated to the stock exchange. The Durgapur facility is the company’s main integrated plant, with 235,000 tonnes a year of hot-metal capacity. KIC produced 212,020 tonnes of pig iron in FY26 at 90.2% capacity utilisation and reported revenue of ₹782.9 crore.
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Sept 10 (Reuters) - K I C Metaliks Ltd KICM.BO:
K I C METALIKS - SHUTS DURGAPUR PLANT EFFECTIVE SEPTEMBER 9, 2026 FOR RECTIFICATION
Source text: ID:nBSEbtdLZX
Further company coverage: KICM.BO
(([email protected];))
Sept 10 (Reuters) - K I C Metaliks Ltd KICM.BO:
K I C METALIKS - SHUTS DURGAPUR PLANT EFFECTIVE SEPTEMBER 9, 2026 FOR RECTIFICATION
Source text: ID:nBSEbtdLZX
Further company coverage: KICM.BO
(([email protected];))
April 5 (Reuters) - K I C Metaliks Ltd KICM.BO:
K I C METALIKS LTD - INTIMATION OF SHUTDOWN OF PLANT OPERATIONS
K I C METALIKS LTD - DURGAPUR PLANT HAS BEEN SHUTDOWN FROM APRIL 5
K I C METALIKS LTD - AFTER RECTIFICATION, WILL BE ABLE TO START FURNACE
K I C METALIKS LTD - SHUTDOWN DUE TO RECTIFICATION JOB IN BLAST FURNACE AND ITS ACCESSORIES
Source text for Eikon: ID:nBSE9WTw5j
Further company coverage: KICM.BO
(([email protected];))
April 5 (Reuters) - K I C Metaliks Ltd KICM.BO:
K I C METALIKS LTD - INTIMATION OF SHUTDOWN OF PLANT OPERATIONS
K I C METALIKS LTD - DURGAPUR PLANT HAS BEEN SHUTDOWN FROM APRIL 5
K I C METALIKS LTD - AFTER RECTIFICATION, WILL BE ABLE TO START FURNACE
K I C METALIKS LTD - SHUTDOWN DUE TO RECTIFICATION JOB IN BLAST FURNACE AND ITS ACCESSORIES
Source text for Eikon: ID:nBSE9WTw5j
Further company coverage: KICM.BO
(([email protected];))
Nov 9 (Reuters) - K I C Metaliks Ltd KICM.BO:
INDIA'S K I C METALIKS SEPT-QUARTER PROFIT FROM CONTINUING OPERATIONS 10.3 MILLION RUPEES VERSUS 48.8 MILLION RUPEES
K I C METALIKS SEPT-QUARTER REVENUE FROM OPERATIONS 1.99 BILLION RUPEES VERSUS 2.01 BILLION RUPEES
Source text for Eikon: ID:nBSE3rYtxm
Further company coverage: KICM.BO
(([email protected];))
Nov 9 (Reuters) - K I C Metaliks Ltd KICM.BO:
INDIA'S K I C METALIKS SEPT-QUARTER PROFIT FROM CONTINUING OPERATIONS 10.3 MILLION RUPEES VERSUS 48.8 MILLION RUPEES
K I C METALIKS SEPT-QUARTER REVENUE FROM OPERATIONS 1.99 BILLION RUPEES VERSUS 2.01 BILLION RUPEES
Source text for Eikon: ID:nBSE3rYtxm
Further company coverage: KICM.BO
(([email protected];))
Aug 10 (Reuters) - K I C Metaliks Ltd KICM.BO:
INDIA'S K I C METALIKS JUNE-QUARTER PROFIT 16.2 MILLION RUPEES VERSUS PROFIT 43.1 MILLION RUPEES
K I C METALIKS JUNE-QUARTER REVENUE FROM OPERATIONS 2.3 BILLION RUPEES VERSUS 1.27 BILLION RUPEES
Source text for Eikon: ID:nBSE35n8qq
Further company coverage: KICM.BO
(([email protected];;))
Aug 10 (Reuters) - K I C Metaliks Ltd KICM.BO:
INDIA'S K I C METALIKS JUNE-QUARTER PROFIT 16.2 MILLION RUPEES VERSUS PROFIT 43.1 MILLION RUPEES
K I C METALIKS JUNE-QUARTER REVENUE FROM OPERATIONS 2.3 BILLION RUPEES VERSUS 1.27 BILLION RUPEES
Source text for Eikon: ID:nBSE35n8qq
Further company coverage: KICM.BO
(([email protected];;))
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What does KIC Metaliks do?
KIC Metaliks Ltd is a leading producer of pig iron, iron castings, and slag cement in eastern India, establishing a strong presence in the metal production industry.
Who are the competitors of KIC Metaliks?
KIC Metaliks major competitors are Bihar Sponge Iron, Suraj Products, Jai Balaji Inds, Jayaswal Neco Inds, Godawari Power & Isp, Jindal Steel, Nagpur Power & Inds.. Market Cap of KIC Metaliks is ₹103 Crs. While the median market cap of its peers are ₹5,611 Crs.
Is KIC Metaliks financially stable compared to its competitors?
KIC Metaliks seems to be less financially stable compared to its competitors. Altman Z score of KIC Metaliks is 3.11 and is ranked 6 out of its 8 competitors.
Does KIC Metaliks pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. KIC Metaliks latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has KIC Metaliks allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is KIC Metaliks balance sheet?
Balance sheet of KIC Metaliks is strong. But short term working capital might become an issue for this company.
Is the profitablity of KIC Metaliks improving?
The profit is oscillating. The profit of KIC Metaliks is ₹1.05 Crs for Mar 2026, -₹6.09 Crs for Mar 2025 and ₹2.28 Crs for Mar 2024
Is the debt of KIC Metaliks increasing or decreasing?
The net debt of KIC Metaliks is decreasing. Latest net debt of KIC Metaliks is ₹82.35 Crs as of Mar-26. This is less than Mar-25 when it was ₹114 Crs.
Is KIC Metaliks stock expensive?
KIC Metaliks is not expensive. Latest PE of KIC Metaliks is 32.01, while 3 year average PE is 37.83. Also latest EV/EBITDA of KIC Metaliks is 6.78 while 3yr average is 12.18.
Has the share price of KIC Metaliks grown faster than its competition?
KIC Metaliks has given lower returns compared to its competitors. KIC Metaliks has grown at ~0.34% over the last 10yrs while peers have grown at a median rate of 29.96%
Is the promoter bullish about KIC Metaliks?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in KIC Metaliks is 66.26% and last quarter promoter holding is 66.26%.
Are mutual funds buying/selling KIC Metaliks?
There is Insufficient data to gauge this.