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Indian Metals & Ferro Alloys Ltd (IMFA) — Analysis, Financials, Intelligence | The Stock Filter

The Organism · Company Intelligence

Indian Metals & Ferro Alloys Ltd

IMFA|BSE: 533047

Metals — Ferrous & Non-FerrousMetals & Miningwww. imfa.in

—

—|MCap ₹8,190 Cr

Promoter: 1.2%

PE 24.1xMedian PE 6.7xPB 3.5x

Indian Metals & Ferro Alloys Ltd. engages in the production of Ferro alloys. The company is headquartered in Bhubaneshwar, Orissa and currently employs 2,128 full-time employees. The company went IPO

Secular Currents

Theme Connections

PLI Manufacturing Auto Components Export

Intelligence Profile

TSF Score

54/100

Concall Signalconfident1d ago

5 forward guidance items shared

ferrochrome production from new facilityEBITDA cost per metric tonmet coke cost per metric toncapex

The Vitals · Company Health

Health Indicators

Shenanigan Score

Low Signal

Auditor Opinion

Clean

Walker Chandiok & Co. LLP

Trust Score

82

X-Ray

Concerns

🟠Profit decliningBusiness

Watch

Nothing flagged for monitoring

Strengths

🟢Efficient capital deployment (ROCE: 19.6%)Business
🟢Good profitability (Net margin: 13.6%)Business
🟢Low leverage (D/E: 0.17x)Business
🟢Consistent dividend payerOpportunity

The Numbers · Key Metrics

PE Ratio

24.1x

ROE

14.7%

Revenue Growth 3yr

0.1%

Debt/Equity

0.17x

EV

₹8,183 Cr

The Narrator · StoryTel Intelligence

FY2025Metals — Ferrous & Non-FerrousProduct Sales ModelModel:Revenue = Production Volume × Average Realization per Ton

Key Insight

“Operates in Metals — Ferrous & Non-Ferrous.”

The Revenue Story

₹2,565 Cr revenue.

Total Income₹2,631 Cr

Revenue₹2,565 Cr(97.5% of Total Income)

Other Income₹66 Cr(2.5% of Total Income)

The Cost Story

COGS 39.7%, employees 9.3%.

Cogs₹1,018 Cr(37.5%)

Other Expenses₹778 Cr(28.7%)

EBITDA₹597 Cr(22.0%)

Employee₹238 Cr(8.8%)

Depreciation₹55 Cr(2.0%)

Finance Costs₹28 Cr(1.0%)

Cogs

37.5%

Other Expenses

28.7%

EBITDA

22.0%

Employee

8.8%

Depreciation

2.0%

Finance Costs

1.0%

Forward View · Management Guidance

GUIDANCEQ3FY26High Impact

“production volume in f y twenty seven”

GUIDANCEQ3FY26— 2High Impact

“Expect to close acquisition deal (KNR2) in ongoing FY26, specifically within February. Volumes expected in FY27, immediately value accretive”

GUIDANCEQ3FY26— 2High Impact

“Expect to commission first furnace at KNR1 greenfield project in June 2026, second furnace shortly thereafter”

The Context · Where does it sit?

Sector Context

The Canopy · Sector KPIs

Sector KPIs

Metals — Ferrous & Non-Ferrous

KPI	Company	Sector Median
ROE	-	-
ROCE	-	-
Net Margin	-	-
EBITDA Margin	-	-
Debt To Equity	-	-
Current Ratio	-	-
Rev Growth 3yr	-	-
EPS Growth 3yr	-	-
Asset Turnover	-	-

The Market · What is the market saying?

Market Signals

The Numbers · Show me the data

Financials

Financials

Revenue₹2,630 Cr

PBT₹482 Cr

EPS₹0.00 Cr

(₹ Cr)	TTM	FY2025	FY2025	FY2024	FY2024	FY2023	FY2023	FY2022
Other Income	₹77 Cr +15.2%	₹66 Cr 0.0%	₹66 Cr +57.5%	₹42 Cr 0.0%	₹42 Cr +73.7%	₹24 Cr 0.0%	₹24 Cr +46.4%	₹17 Cr
Total Income	₹2,707 Cr +2.9%	₹2,631 Cr 0.0%	₹2,631 Cr -6.8%	₹2,822 Cr 0.0%	₹2,822 Cr +4.5%	₹2,701 Cr 0.0%	₹2,701 Cr +3.1%	₹2,620 Cr
COGS	₹1,010 Cr -0.8%	₹1,018 Cr 0.0%	₹1,018 Cr -30.5%	₹1,465 Cr 0.0%	₹1,465 Cr +0.5%	₹1,458 Cr 0.0%	₹1,458 Cr +32.9%	₹1,097 Cr
	₹2,225 Cr +5.1%	₹2,117 Cr 0.0%	₹2,117 Cr -8.2%	₹2,306 Cr 0.0%	₹2,306 Cr -2.3%	₹2,361 Cr 0.0%	₹2,361 Cr +20.3%	₹1,962 Cr
Profit Before Tax	₹482 Cr -6.3%	₹514 Cr 0.0%	₹514 Cr -0.4%	₹516 Cr 0.0%	₹516 Cr +59.4%	₹324 Cr 0.0%	₹324 Cr -50.8%	₹658 Cr
	₹113 Cr -16.4%	₹135 Cr 0.0%	₹135 Cr -6.2%	₹144 Cr 0.0%	₹144 Cr +46.5%	₹98 Cr 0.0%	₹98 Cr -34.6%	₹150 Cr
Net Profit	₹369 Cr -2.7%	₹379 Cr 0.0%	₹379 Cr +1.9%	₹372 Cr 0.0%	₹372 Cr +64.9%	₹226 Cr 0.0%	₹226 Cr -55.5%	₹508 Cr
Profit (Owners)	₹369 Cr -2.7%	₹379 Cr 0.0%	₹379 Cr -4.0%	₹395 Cr 0.0%	₹395 Cr +74.7%	₹226 Cr 0.0%	₹226 Cr -55.5%	₹507 Cr
Minority Interest	₹0.41 Cr -31.7%	₹0.60 Cr 0.0%	₹0.60 Cr ↑ Recovery	(₹22 Cr) 0.0%	(₹22 Cr)	₹0.00 Cr	₹0.00 Cr -100.0%	₹0.46 Cr
Other Comprehensive Income	(₹8 Cr) +43.3%	(₹14 Cr) 0.0%	(₹14 Cr) ↓ Decline	₹1 Cr 0.0%	₹1 Cr ↑ Recovery	(₹0.30 Cr) 0.0%	(₹0.30 Cr) +77.6%	(₹1 Cr)
EPS	₹68.32	₹70.19	₹70.19	₹73.12	₹73.12	₹41.85	₹41.85	₹94.01
Diluted Shares	₹5 Cr	₹5 Cr	₹5 Cr	₹5 Cr	₹5 Cr	₹5 Cr	₹5 Cr	₹5 Cr

The Stakeholders · Ownership Pattern

Ownership

The Board · Corporate Governance

Governance

Trust82

AuditClean

The Disclosure · Related Party Transactions

Related Party Transactions

Total RPT

₹171 Cr

The Evidence · Sources & Filings

Evidence

Earnings Calls

2 Apr 20267 citations

2 Apr 20267 citations

2 Apr 20267 citations

2 Apr 20267 citations

2 Apr 20267 citations

2 Apr 20267 citations

2 Apr 20267 citations

2 Apr 20267 citations

2 Apr 20267 citations

2 Apr 20267 citations

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Peer Comparison

Disclaimer · The Stock Filter is an information platform, not a SEBI-registered investment adviser. All data, scores, and narratives are generated from public filings and AI analysis — they do not constitute investment advice, recommendations, or endorsements. Always consult a qualified financial adviser before making investment decisions. Past performance does not guarantee future results.

Last synced: 3 May 2026

Data source: Public filings via TSF Bedrock

Announcements

50 filings

Trading Window24 Mar 2026

Indian Metals & Ferro Alloys Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

General Updates16 Mar 2026

Indian Metals & Ferro Alloys Limited has informed the Exchange about General Updates

Shareholders meeting13 Mar 2026

Indian Metals & Ferro Alloys Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

General Updates11 Mar 2026

Indian Metals & Ferro Alloys Limited has informed the Exchange about General Updates

Analysts/Institutional Investor Meet/Con. Call Updates13 Feb 2026

Indian Metals & Ferro Alloys Limited has informed the Exchange about Transcript

Analysts/Institutional Investor Meet/Con. Call Updates11 Feb 2026

Indian Metals & Ferro Alloys Limited has informed the Exchange about Schedule of meet

Copy of Newspaper Publication11 Feb 2026

Indian Metals & Ferro Alloys Limited has informed the Exchange about Copy of Newspaper Publication of Postal Ballot Notice and E-voting

Shareholders meeting10 Feb 2026

Indian Metals & Ferro Alloys Limited has informed the Exchange regarding Notice of Postal Ballot

Analysts/Institutional Investor Meet/Con. Call Updates6 Feb 2026

Indian Metals & Ferro Alloys Limited has informed the Exchange about Link of Recording

Copy of Newspaper Publication6 Feb 2026

Indian Metals & Ferro Alloys Limited has informed the Exchange about Copy of Newspaper Publication

Press Release5 Feb 2026

Indian Metals & Ferro Alloys Limited has informed the Exchange regarding a press release dated February 05, 2026, titled "Press release of Unaudited Financial Result for the quarter ended 31st Decembe...

Retirement5 Feb 2026

Indian Metals & Ferro Alloys Limited has informed the Exchange about Retirement

Outcome of Board Meeting5 Feb 2026

Indian Metals & Ferro Alloys Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.

Appointment4 Feb 2026

Indian Metals & Ferro Alloys Limited has informed the Exchange regarding Appointment of Ms Kiran Dhingra as Non- Executive Independent Director of the company w.e.f. February 04, 2026.

Analysts/Institutional Investor Meet/Con. Call Updates2 Feb 2026

Indian Metals & Ferro Alloys Limited has informed the Exchange about Schedule of meet