New Risk • Jun 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 57% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₹1.42b market cap, or US$15.0m). Reported Earnings • May 27
Full year 2026 earnings released: EPS: ₹0.30 (vs ₹1.72 loss in FY 2025) Full year 2026 results: EPS: ₹0.30 (up from ₹1.72 loss in FY 2025). Revenue: ₹7.84b (up 9.3% from FY 2025). Net income: ₹10.5m (up ₹71.4m from FY 2025). Profit margin: 0.1% (up from net loss in FY 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. Announcement • May 18
K I C Metaliks Limited to Report Q4, 2026 Results on May 26, 2026 K I C Metaliks Limited announced that they will report Q4, 2026 results on May 26, 2026 Buy Or Sell Opportunity • May 17
Now 21% undervalued Over the last 90 days, the stock has risen 16% to ₹34.42. The fair value is estimated to be ₹43.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.2% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Apr 22
Now 23% undervalued Over the last 90 days, the stock has risen 34% to ₹34.13. The fair value is estimated to be ₹44.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.2% over the last 3 years. Meanwhile, the company became loss making. New Risk • Mar 19
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹915.1m (US$9.82m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.2x net interest cover). Earnings have declined by 45% per year over the past 5 years. Market cap is less than US$10m (₹915.1m market cap, or US$9.82m). Reported Earnings • Feb 03
Third quarter 2026 earnings released: EPS: ₹0.19 (vs ₹0.76 loss in 3Q 2025) Third quarter 2026 results: EPS: ₹0.19 (up from ₹0.76 loss in 3Q 2025). Revenue: ₹2.02b (up 61% from 3Q 2025). Net income: ₹6.90m (up ₹33.9m from 3Q 2025). Profit margin: 0.3% (up from net loss in 3Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 128 percentage points per year, which is a significant difference in performance. New Risk • Jan 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Earnings have declined by 33% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (₹1.06b market cap, or US$11.6m). Announcement • Jan 22
K I C Metaliks Limited to Report Q3, 2026 Results on Feb 02, 2026 K I C Metaliks Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 02, 2026 New Risk • Jan 16
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹905.9m (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Earnings have declined by 33% per year over the past 5 years. Market cap is less than US$10m (₹905.9m market cap, or US$9.99m). Reported Earnings • Nov 17
Second quarter 2026 earnings released: EPS: ₹0.02 (vs ₹0.76 loss in 2Q 2025) Second quarter 2026 results: EPS: ₹0.02 (up from ₹0.76 loss in 2Q 2025). Revenue: ₹1.83b (up 46% from 2Q 2025). Net income: ₹808.0k (up ₹27.8m from 2Q 2025). Profit margin: 0% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Announcement • Oct 31
K I C Metaliks Limited to Report Q2, 2026 Results on Nov 14, 2025 K I C Metaliks Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Announcement • Aug 09
K I C Metaliks Limited to Report Q1, 2026 Results on Aug 12, 2025 K I C Metaliks Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Reported Earnings • Aug 04
Full year 2025 earnings released: ₹1.72 loss per share (vs ₹0.64 profit in FY 2024) Full year 2025 results: ₹1.72 loss per share (down from ₹0.64 profit in FY 2024). Revenue: ₹7.17b (down 16% from FY 2024). Net loss: ₹60.9m (down 367% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 118 percentage points per year, which is a significant difference in performance. Announcement • Jul 31
K I C Metaliks Limited, Annual General Meeting, Aug 22, 2025 K I C Metaliks Limited, Annual General Meeting, Aug 22, 2025, at 10:30 Indian Standard Time. Reported Earnings • May 22
Full year 2025 earnings released: ₹1.72 loss per share (vs ₹0.64 profit in FY 2024) Full year 2025 results: ₹1.72 loss per share (down from ₹0.64 profit in FY 2024). Revenue: ₹7.19b (down 16% from FY 2024). Net loss: ₹60.9m (down 367% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance. Announcement • May 03
K I C Metaliks Limited to Report Q4, 2025 Results on May 21, 2025 K I C Metaliks Limited announced that they will report Q4, 2025 results on May 21, 2025 New Risk • Apr 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.1x net interest cover). Earnings have declined by 6.4% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (₹1.14b market cap, or US$13.4m). Reported Earnings • Feb 12
Third quarter 2025 earnings released: ₹0.76 loss per share (vs ₹0.37 loss in 3Q 2024) Third quarter 2025 results: ₹0.76 loss per share (further deteriorated from ₹0.37 loss in 3Q 2024). Revenue: ₹1.25b (down 47% from 3Q 2024). Net loss: ₹27.0m (loss widened 103% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Announcement • Feb 05
K I C Metaliks Limited to Report Q3, 2025 Results on Feb 11, 2025 K I C Metaliks Limited announced that they will report Q3, 2025 results on Feb 11, 2025 Announcement • Nov 02
K I C Metaliks Limited to Report Q2, 2025 Results on Nov 09, 2024 K I C Metaliks Limited announced that they will report Q2, 2025 results on Nov 09, 2024 New Risk • Aug 15
New major risk - Revenue and earnings growth Earnings have declined by 3.1% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Earnings have declined by 3.1% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin). Market cap is less than US$100m (₹1.53b market cap, or US$18.2m). Announcement • Aug 09
K I C Metaliks Limited to Report Q1, 2025 Results on Aug 14, 2024 K I C Metaliks Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Reported Earnings • Jul 25
Full year 2024 earnings released: EPS: ₹0.64 (vs ₹5.23 in FY 2023) Full year 2024 results: EPS: ₹0.64 (down from ₹5.23 in FY 2023). Revenue: ₹8.54b (up 14% from FY 2023). Net income: ₹22.8m (down 88% from FY 2023). Profit margin: 0.3% (down from 2.5% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Announcement • Jul 24
K I C Metaliks Limited, Annual General Meeting, Aug 14, 2024 K I C Metaliks Limited, Annual General Meeting, Aug 14, 2024, at 10:30 Indian Standard Time. New Risk • May 27
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.1x net interest cover). Minor Risks Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (₹1.79b market cap, or US$21.6m). Reported Earnings • May 27
Full year 2024 earnings released: EPS: ₹0.64 (vs ₹5.23 in FY 2023) Full year 2024 results: EPS: ₹0.64 (down from ₹5.23 in FY 2023). Revenue: ₹8.57b (up 14% from FY 2023). Net income: ₹22.8m (down 88% from FY 2023). Profit margin: 0.3% (down from 2.5% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Announcement • May 17
K I C Metaliks Limited to Report Fiscal Year 2024 Results on May 24, 2024 K I C Metaliks Limited announced that they will report fiscal year 2024 results on May 24, 2024 Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹49.97, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 44% over the past three years. New Risk • Mar 05
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (71% net debt to equity). Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Profit margins are more than 30% lower than last year (2.5% net profit margin). Market cap is less than US$100m (₹1.84b market cap, or US$22.2m). Announcement • Oct 31
K I C Metaliks Limited to Report Q2, 2024 Results on Nov 09, 2023 K I C Metaliks Limited announced that they will report Q2, 2024 results on Nov 09, 2023 Valuation Update With 7 Day Price Move • Sep 25
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹64.35, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 19x in the Metals and Mining industry in India. Total returns to shareholders of 123% over the past three years. Reported Earnings • Aug 24
Full year 2023 earnings released: EPS: ₹5.23 (vs ₹10.90 in FY 2022) Full year 2023 results: EPS: ₹5.23 (down from ₹10.90 in FY 2022). Revenue: ₹7.49b (up 46% from FY 2022). Net income: ₹185.5m (down 52% from FY 2022). Profit margin: 2.5% (down from 7.5% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Aug 01
K I C Metaliks Limited to Report Q1, 2024 Results on Aug 10, 2023 K I C Metaliks Limited announced that they will report Q1, 2024 results on Aug 10, 2023 New Risk • Jul 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Revenue has declined by 6.7% over the past year. High level of non-cash earnings (27% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2022 fiscal period end). Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (₹2.05b market cap, or US$25.0m). Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹50.62, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 48% over the past three years. Announcement • Jun 28
K I C Metaliks Limited, Annual General Meeting, Sep 08, 2023 K I C Metaliks Limited, Annual General Meeting, Sep 08, 2023. Announcement • May 19
K I C Metaliks Limited to Report Q4, 2023 Results on May 26, 2023 K I C Metaliks Limited announced that they will report Q4, 2023 results on May 26, 2023 Announcement • Feb 04
K I C Metaliks Limited to Report Q3, 2023 Results on Feb 13, 2023 K I C Metaliks Limited announced that they will report Q3, 2023 results on Feb 13, 2023 Announcement • Oct 28
K I C Metaliks Limited to Report Q2, 2023 Results on Nov 07, 2022 K I C Metaliks Limited announced that they will report Q2, 2023 results on Nov 07, 2022 Reported Earnings • Sep 02
Full year 2022 earnings released: EPS: ₹10.90 (vs ₹2.95 in FY 2021) Full year 2022 results: EPS: ₹10.90 (up from ₹2.95 in FY 2021). Revenue: ₹5.38b (down 2.2% from FY 2021). Net income: ₹386.7m (up 270% from FY 2021). Profit margin: 7.2% (up from 1.9% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Aug 31
K I C Metaliks Limited, Annual General Meeting, Sep 23, 2022 K I C Metaliks Limited, Annual General Meeting, Sep 23, 2022, at 10:30 Indian Standard Time. Agenda: To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the financial year ended March 31, 2022, together with the Report of the Board of Directors' and Auditors' thereon; to appoint a Director in place of Mr. Mukesh Bengani who retires by rotation and being eligible offers himself for re-appointment; to re-appoint the Statutory Auditors of the Company and x their remuneration for a second term of one year; to consider Re-appointment of Chairman and Managing Director. Announcement • Aug 03
K I C Metaliks Limited to Report Q1, 2023 Results on Aug 11, 2022 K I C Metaliks Limited announced that they will report Q1, 2023 results on Aug 11, 2022 Announcement • May 19
K I C Metaliks Limited to Report Q4, 2022 Results on May 26, 2022 K I C Metaliks Limited announced that they will report Q4, 2022 results on May 26, 2022 Announcement • Apr 19
K I C Metaliks Limited Announces Resumption of Operations At Mini Blast Furnace At Durgapur Plant K I C Metaliks Limited announced that further to intimation dated February 3, 2022 regarding shutdown of Mini Blast Furnace (MBF) at Durgapur Plant, please be informed that MBF has resumed operations from April 17, 2022. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improved over the past week After last week's 23% share price gain to ₹65.35, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total loss to shareholders of 22% over the past three years. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹46.45, the stock trades at a trailing P/E ratio of 3.4x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total loss to shareholders of 48% over the past three years. Reported Earnings • Nov 11
Second quarter 2022 earnings released: EPS ₹3.04 (vs ₹0.50 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹1.42b (up 30% from 2Q 2021). Net income: ₹107.9m (up ₹125.5m from 2Q 2021). Profit margin: 7.6% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year whereas the company’s share price has fallen by 21% per year. Executive Departure • Aug 10
Director Rajarshri Ghosh has left the company On the 6th of August, Rajarshri Ghosh's tenure as Director ended after less than a year in the role. We don't have any record of a personal shareholding under Rajarshri's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 11.25 years. Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment improved over the past week After last week's 18% share price gain to ₹63.70, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 30% over the past three years. Reported Earnings • Jun 29
Full year 2021 earnings released: EPS ₹2.95 (vs ₹2.32 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹5.57b (up 12% from FY 2020). Net income: ₹104.7m (up 27% from FY 2020). Profit margin: 1.9% (up from 1.7% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Mar 06
New 90-day low: ₹28.25 The company is down 4.0% from its price of ₹29.50 on 04 December 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 28% over the same period. Announcement • Jan 21
K I C Metaliks Limited to Report Q3, 2021 Results on Jan 29, 2021 K I C Metaliks Limited announced that they will report Q3, 2021 results on Jan 29, 2021 Announcement • Nov 12
K I C Metaliks Limited Announces Resumption of Operations at Mini Blast Furnace at Durgapur Plant K I C Metaliks Limited announced that intimation dated November 3, 2020 regarding shutdown of Mini Blast Furnace (MBF) at Durgapur Plant for repairs & maintenance, please be informed that MBF has resumed operations from November 10, 2020. Reported Earnings • Oct 23
First half earnings released Over the last 12 months the company has reported total losses of ₹64.5m, with earnings decreasing by ₹290.3m from the prior year. Total revenue was ₹4.32b over the last 12 months, down 29% from the prior year. Is New 90 Day High Low • Oct 15
New 90-day low: ₹25.50 The company is down 18% from its price of ₹31.20 on 17 July 2020. The Indian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 13% over the same period. Announcement • Oct 13
K I C Metaliks Limited to Report Q2, 2021 Results on Oct 21, 2020 K I C Metaliks Limited announced that they will report Q2, 2021 results on Oct 21, 2020 Announcement • Oct 02
K I C Metaliks Limited Announces the Appointment of Kanhaiyalal Didwania as Director K I C Metaliks Limited announced the appointment of Kanhaiyalal Didwania as Director of the Company. Announcement • Jun 20
K I C Metaliks Limited to Report Q4, 2020 Results on Jun 30, 2020 K I C Metaliks Limited announced that they will report Q4, 2020 results on Jun 30, 2020 