Kennametal India
- Market cap
- ₹ 7,909 Cr.
- P/E
- 70.8x
- P/B
- 9.39x
- 52-week range
- 2,405.2 – 5,136
- ROE
- 24%
- ROCE
- 33%
- Dividend yield
- 1.1%
- Debt / equity
- 0
- Sector
- Industrial Manufacturing
- Industry
- Industrial Products
- Listed on
- NSE, BSE
About
Kennametal India Limited is engaged in the business of manufacturing and trading of hard metal products and manufacturing of capital-intensive machines along with fixtures and spares. The Company's segments include Hard metal and hard metal products and Machining solutions. Machining solutions segment manufactures and sells customized capital-intensive machines. It specializes in providing end-to-end solutions, i.e., from design to manufacture and after-sales service. The sales comprise machines, fixtures, sale of spares and after-sales service. Hard metal and hard metal products segment delivers metalworking solutions and services through its two brands, such as Kennametal and WIDIA. Through these brands, it offers a complete portfolio of precision-engineered products and custom solution services. Its segments serve a range of sectors, including aerospace, earthworks, energy, general engineering, and transportation industries. It has its manufacturing facility in Bengaluru.
Quick check
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Compared with its industry
Industrial Products: 186 companies →Kennametal India against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)70.8 against a typical 29.6: pricier than most peers (1st = cheapest).146th of 184
- Sales growth+48% against a typical +20.3% from a year earlier.38th of 147
- Profit growth+187.1% against a typical +9.4% from a year earlier.15th of 121
- Share price, 3 months+31% against a typical −3.4%.27th of 164
- Size₹ 7,908.6 Cr. market value against a typical ₹ 305.2 Cr. (1st = largest).12th of 176
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA- by India Ratings- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| India Ratings | IND AA- | Stable | 16 Dec 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 16 Dec 2025 | Reaffirmed | IND AA- | — | India Ratings | — |
Research by Minerva Capital Research Solutions
Our research team's work on Kennametal IndiaAlso covered in
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 258 | 271 | 269 | 302 | 270 | 287 | 290 | 323 | 296 | 334 | 403 | 478 |
| Expenses | 223 | 228 | 224 | 254 | 228 | 246 | 250 | 274 | 243 | 289 | 326 | 349 |
| Operating Profit | 35 | 43 | 45 | 49 | 42 | 41 | 40 | 49 | 53 | 45 | 77 | 129 |
| OPM % | 14% | 16% | 17% | 16% | 16% | 14% | 14% | 15% | 18% | 13% | 19% | 27% |
| Other Income | 2 | 2 | 18 | 3 | 3 | 3 | 4 | 4 | 2 | 2 | 4 | 2 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 10 | 11 | 11 | 11 | 12 | 11 | 12 | 12 | 12 | 12 | 12 | 12 |
| Profit before tax | 26 | 33 | 52 | 40 | 34 | 32 | 33 | 41 | 43 | 35 | 69 | 118 |
| Tax % | 35% | 25% | 26% | 24% | 26% | 31% | 26% | 24% | 28% | 31% | 26% | 25% |
| Net Profit | 17 | 25 | 38 | 30 | 25 | 22 | 24 | 31 | 31 | 24 | 51 | 89 |
| EPS in Rs | 7.78 | 11.33 | 17.43 | 13.79 | 11.37 | 10.1 | 11.1 | 14.24 | 14.29 | 11.1 | 23.39 | 40.4 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 10%
- 5 Years
- 13%
- 3 Years
- 12%
- TTM
- 29%
- 10 Years
- 25%
- 5 Years
- 24%
- 3 Years
- 32%
- TTM
- 105%
- 10 Years
- 19%
- 5 Years
- 23%
- 3 Years
- 12%
- TTM
- —
- 10 Years
- 15%
- 5 Years
- 17%
- 3 Years
- 17%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Kennametal India | ₹ 3,766.20 | ₹ 7,909 Cr. | 70.8x | 9.4x | 24% | — |
| Bharat Heavy Electricals | ₹ 387.00 | ₹ 1,34,756 Cr. | 91.4x | 5.6x | — | 6.8% |
| Suzlon Energy | ₹ 37.40 | ₹ 51,409 Cr. | 23.3x | 7.7x | 40.6% | 19% |
| Thermax | ₹ 3,095.60 | ₹ 36,999 Cr. | 74.2x | 10.1x | 13.7% | 6.7% |
| Voltas | ₹ 950.00 | ₹ 31,434 Cr. | 113.8x | 7x | 5.8% | 3.5% |
| AIA Engineering | ₹ 3,588.70 | ₹ 33,490 Cr. | 34.2x | 5.4x | 17% | 28.7% |
Management
- K. V. Suresh Reddy
- Chief Financial Officer
- Anupriya Garg
- Compliance Officer, Legal Counsel, Region, Company Secretary
- Vijaykrishnan Venkatesan
- Managing Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.