Kennametal India Ltd
KENNAMETKennametal India Ltd's price has outrun its earnings. +29.8% in a year against EPS −6.9% — the market is paying now for delivery later.
The sharpest disagreement: the price moved +29.8% in a year while annual EPS moved −6.9% — the difference is re-rating, and re-rating has to be repaid with earnings.
The price is in a confirmed uptrend (15 weeks in) while the P/E sits at the 76th percentile of its own 11-year range. Underneath, the last four quarters read improving — profit +9.1% year on year, and 125% of the last 3 years' profit arrived as cash. What settles it: whether earnings grow into a price that has already moved.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Kennametal India Ltd trades at ₹2,816, in a confirmed uptrend and 15 weeks into that stage. That is +10.3% against its own 200-day average. It sits at 73% of a 52-week range of ₹1,948 to ₹3,137. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (6 weeks and counting).
Today the stock is in a confirmed uptrend — week 15 of stage 2, confirmed. At ₹2,816 it trades +10.3% versus its 200-day average and sits at 73% of its 52-week range (₹1,948–₹3,137).
Against the market, two honest reads. Cumulative: over the last 10.4 years the stock moved +305% while the NIFTY 500 moved +282% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (6 weeks and counting; last ahead the week of 2026-06-25) — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Kennametal India Ltd trades at 53.0× P/E, at the pricey end of its own range (76th percentile). Its long-run median P/E is 44.4×, measured across 10.5 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 53.0× is at the pricey end of its own range (76th percentile), against a long-run median of 44.4× measured over 10.5 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
🚨 Why the multiple sits where it does: over the past year annual EPS moved −6.9% against a +29.8% price move — the price outran earnings, pushing the multiple UP its own range.
The price move, decomposed: over 5y, of the +17.4%/yr price move, ~+20.9%/yr came from earnings growth and ~−3.5 pp from the multiple (compressing). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.
Stage: Mixed Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Kennametal India Ltd reads as mixed on its fundamental arc. Mixed — profit and EPS growth are shrinking while ROCE holds at 19.1% — falling growth against firm returns, so no single stage word fits yet. The read is built from 12 quarters across 4 curves, on full evidence.
Why it matters: when the curves disagree, the per-curve reads above matter more than any single verdict.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +6.4% | +5.7% | +10.7% | +7.5% |
| Profit | −6.4% | −3.3% | +24.8% | +11.7% |
| EPS | −6.9% | −3.4% | +24.9% | +11.9% |
| Share price | +29.8% | +1.0% | +17.4% | +15.3% |
4-Factor Sector Score
54.7/100 — rank 10 of 19 in Castings, Forgings & Fastners · 96% evidence confidence
Kennametal India Ltd scores 54.7 out of 100 against the 19 companies it is compared with in Castings, Forgings & Fastners, ranking 10. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 19.5 + 16.9 + 10.3 + 8 = 54.7. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Kennametal India Ltd reported ₹334 Cr of revenue in the Dec 25 quarter, +16.4% year on year. That is the 8th straight quarter of year-on-year growth. Over 10 years it has compounded at 7.5% a year. The last full year, FY25, came in at ₹1,170 Cr. The last four reported quarters add to ₹1,243 Cr.
FY25 revenue came in at ₹1,170 Cr (+6.4% on the year), capping 10 years at 7.5% compound. The latest quarter (Dec 25) printed ₹334 Cr, +16.4% year on year — the 8th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +10.2% growth against the decade's 7.5% — the current year is running faster than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +10.2% over the last 4 quarters against +8.1%/yr over the last 8 — stabilising; TTM profit −4.3% vs +19.5%/yr — rolling over.
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Kennametal India Ltd's operating margin is 13.0% in the Dec 25 quarter, −1.0 percentage points against the same quarter a year ago. Across 12 fiscal years the operating margin has ranged 8.0% to 18.0%. The current quarter sits inside that band.
The latest quarter's operating margin is 13.0%, −1.0 pp against the same quarter a year ago. Across 12 fiscal years the operating margin has ranged 8.0%–18.0%.
🚨 Why the margin moved: operating margin went −1.5 pp year on year while gross margin went −2.3 pp — the loss came mostly from the gross line: input costs and pricing.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Kennametal India Ltd earned ₹24.0 Cr of net profit in the Dec 25 quarter, +9.1% year on year. It is the 3rd consecutive quarter of growth. Full-year FY25 profit was ₹103 Cr. The 10-year compound rate is 11.7%. That is 7.2% of the quarter's revenue. The same quarter a year earlier earned ₹22.0 Cr.
Dec 25 profit was ₹24.0 Cr, +9.1% year on year — the 3rd consecutive quarter of growth. On the full year, FY25 printed ₹103 Cr (−6.4%), and the 10-year compound rate is 11.7%.
Why profit moved: revenue contributed +16.4% and the margin −1.0 pp — the quarter was revenue-led, with the margin roughly flat.
Pace comparison, last four quarters: profit −0.1% vs revenue +10.2%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 125% of Kennametal India Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY25 that was ₹145 Cr of operating cash against ₹103 Cr of profit. After ₹25.0 Cr of capital spending, ₹120 Cr was left as free cash.
FY25: operating cash of ₹145 Cr against reported profit of ₹103 Cr, leaving free cash of ₹120 Cr after ₹25.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 125% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
Why conversion sits at 125%: the cash cycle tightened 20 days between FY20 and FY25 — cash that used to wait in the cycle now reaches the bank sooner.
Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Kennametal India Ltd's cash conversion cycle runs 166 days in FY25, down from 186 days in FY20. Capital spending ran ₹118 Cr over the last 3 years. At FY25 sales of ₹1,170 Cr each day of that cycle holds about ₹3.2 Cr, so roughly ₹532 Cr sits inside the business at any moment.
FY25: debtors at 59 days, inventory at 172 days — roughly 5.7 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 166 days, tighter than FY20's 186.
The full loop: cash goes out to suppliers and production on day 0; stock waits 172 days to sell; customers pay about 59 days after that; and suppliers themselves are paid at 65 days — netting out to the 166-day cycle.
In money terms: at FY25 sales of ₹1,170 Cr, each day of the cycle holds about ₹3.2 Cr — so the 166-day loop keeps roughly ₹532 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹118 Cr over the last 3 fiscal years against ₹129 Cr of depreciation — spending at or below maintenance level. Capital work-in-progress stands at ₹8.0 Cr (FY25) — capacity paid for but not yet earning.
The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
Kennametal India Ltd earns a ROCE of 18% in FY25. That is up from a trough of 8% in FY16. Return on invested capital clears the cost of that capital by +8.4 percentage points, so growth here adds value rather than only size. The wiring behind it is 8.8% net margin on 1.21× asset turns.
FY25 ROCE is 18%, recovered from a FY16 trough of 8% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY25): 8.8% net margin × 1.21× asset turns × 1.29× balance-sheet leverage ≈ 13.7% on equity. Margin does its share; leverage is modest — this is an earned return, not a borrowed one.
The capstone test — ROIC − WACC: 20.4% − 12.0% = a +8.4 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. A spread this wide means every rupee reinvested creates more than a rupee of value — the engine compounds.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.
Kennametal India Ltd carries total debt of ₹2.0 Cr against shareholder equity of ₹802 Cr as of Mar 26, a debt-to-equity of 0.00 — effectively unlevered. On the annual view that ratio went from 0.00 in FY24 to 0.00 in FY26. The returns elsewhere on this page are therefore earned rather than borrowed.
Mar 26: total debt of ₹2.0 Cr against shareholder equity of ₹802 Cr — a debt-to-equity of 0.00. On the annual view, debt-to-equity went from 0.00 (FY24) to 0.00 (FY26). The returns on this page are earned, not borrowed.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
No holder of Kennametal India Ltd moved a full percentage point over the last two years — the register is quiet. Domestic institutions moved −0.2 points over the same window, to 13.3%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Foreign institutions: −0.8 points over 8 quarters to 0.2%; Domestic institutions: −0.2 points over 8 quarters to 13.3%; Promoters: +0.0 points over 8 quarters to 75.0%.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Kennametal India Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Uniparts India LtdUNIPARTS | 80.2/100Sector-leading setup96% evidence | LEADER | 31.1/35 Revenue 21.6% · PAT 78.4% · OPM change 10 pp 88% evidence | 17.5/25 ROCE 21.6% · OPM 24% 100% evidence | 13.4/20 P/E 20.4× · PEG 0.38 100% evidence | 18.2/20 RS sector 19.9% · RS bench 41.7% · 1Y 96.5%12 of 12 weeks ahead 100% evidence |
| Exact sum: 31.1 + 17.5 + 13.4 + 18.2 = 80.2 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence. | ||||||
| 2Uni Abex Alloy Products Ltd504605 | 67.3/100Favorable setup78% evidence | LEADER | 22.1/35 Revenue 13.5% · PAT 100% · OPM change 5 pp 83% evidence | 18.0/25 ROCE 19.2% · OPM 31% 76% evidence | 10.1/20 P/E 19.8× · PEG — 50% evidence | 17.1/20 RS sector 13.8% · RS bench 34.4% · 1Y 36.9%12 of 12 weeks ahead 100% evidence |
| Exact sum: 22.1 + 18 + 10.1 + 17.1 = 67.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3Gala Precision Engineering LtdGALAPREC | 67.3/100Favorable setup76% evidence | LEADER | 27.1/35 Revenue 32.5% · PAT 34.6% · OPM change 1 pp 83% evidence | 14.2/25 ROCE 15.6% · OPM 18% 95% evidence | 9.8/20 P/E 38.6× · PEG — 15% evidence | 16.2/20 RS sector 9.3% · RS bench 29.4% · 1Y 27.8%12 of 12 weeks ahead 100% evidence |
| Exact sum: 27.1 + 14.2 + 9.8 + 16.2 = 67.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 4Sona BLW Precision Forgings LtdSONACOMS | 60.4/100Mixed-positive evidence97% evidence | LEADER | 22.8/35 Revenue 39.6% · PAT 18.1% · OPM change -1 pp 95% evidence | 12.3/25 ROCE 14.2% · OPM 23% 95% evidence | 6.8/20 P/E 65.9× · PEG 3.04 100% evidence | 18.5/20 RS sector 21.8% · RS bench 44.1% · 1Y 63.9%12 of 12 weeks ahead 100% evidence |
| Exact sum: 22.8 + 12.3 + 6.8 + 18.5 = 60.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 5Happy Forgings LtdHAPPYFORGE | 58.4/100Mixed-positive evidence96% evidence | LEADER | 20.0/35 Revenue 9.8% · PAT 12.7% · OPM change 2 pp 88% evidence | 16.6/25 ROCE 18% · OPM 31% 100% evidence | 6.1/20 P/E 52.2× · PEG 1.69 100% evidence | 15.7/20 RS sector 15.6% · RS bench 36.4% · 1Y 72%8 of 12 weeks ahead 100% evidence |
| Exact sum: 20 + 16.6 + 6.1 + 15.7 = 58.4 · Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression. | ||||||
| 6Amic Forging Ltd544037 | 56.9/100Thin evidence · provisional58% evidence | LEADER | 17.8/35 Revenue — · PAT — · OPM change 5 pp 26% evidence | 20.2/25 ROCE 23.5% · OPM 33% 76% evidence | 7.6/20 P/E 72.9× · PEG — 50% evidence | 11.3/20 RS sector -2.1% · RS bench 16.4% · 1Y 18.1%12 of 12 weeks ahead 100% evidence |
| Exact sum: 17.8 + 20.2 + 7.6 + 11.3 = 56.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 7Balu Forge Industries LtdBALUFORGE | 56.6/100Mixed-positive evidence90% evidence | ASLEEP | 17.3/35 Revenue 19.9% · PAT 27% · OPM change -5 pp 88% evidence | 20.6/25 ROCE 22.7% · OPM 23% 100% evidence | 15.4/20 P/E 20.6× · PEG 1.46 100% evidence | 3.3/20 RS sector -27.9% · RS bench -18.5% · 1Y -29.5%0 of 10 weeks ahead 70% evidence |
| Exact sum: 17.3 + 20.6 + 15.4 + 3.3 = 56.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 8Bharat Forge LtdBHARATFORG | 56.1/100Mixed-positive evidence71% evidence | BREAKING OUT | 21.1/35 Revenue 11.2% · PAT 19.1% · OPM change -1 pp 83% evidence | 12.6/25 ROCE 12.6% · OPM 17% 76% evidence | 9.0/20 P/E 93.2× · PEG — 15% evidence | 13.4/20 RS sector 13.8% · RS bench 34.1% · 1Y 82.7%10 of 12 weeks ahead 100% evidence |
| Exact sum: 21.1 + 12.6 + 9 + 13.4 = 56.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 9Steelcast LtdSTEELCAS | 55.0/100Mixed-positive evidence100% evidence | LEADER | 16.8/35 Revenue 9.2% · PAT 15.2% · OPM change 0 pp 100% evidence | 18.9/25 ROCE 32.3% · OPM 26% 100% evidence | 8.6/20 P/E 34.6× · PEG 1.7 100% evidence | 10.7/20 RS sector 6.5% · RS bench 25.9% · 1Y 32.7%10 of 12 weeks ahead 100% evidence |
| Exact sum: 16.8 + 18.9 + 8.6 + 10.7 = 55 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 10Kennametal India Ltdthis pageKENNAMET | 54.7/100Mixed-positive evidence96% evidence | FADING | 19.5/35 Revenue 10.2% · PAT -4.3% · OPM change 2.1 pp 88% evidence | 16.9/25 ROCE 24.6% · OPM 16.1% 100% evidence | 10.3/20 P/E 53× · PEG 1.53 100% evidence | 8.0/20 RS sector -1.3% · RS bench 16.8% · 1Y 23%11 of 12 weeks ahead 100% evidence |
| Exact sum: 19.5 + 16.9 + 10.3 + 8 = 54.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 11Tirupati Forge LtdTIRUPATIFL | 50.9/100Mixed-positive evidence76% evidence | BREAKING OUT | 14.0/35 Revenue 41.3% · PAT -19.9% · OPM change -2.1 pp 83% evidence | 8.2/25 ROCE 7.5% · OPM 9.2% 95% evidence | 8.7/20 P/E 144× · PEG — 15% evidence | 20.0/20 RS sector 38.5% · RS bench 63% · 1Y 75.8%10 of 12 weeks ahead 100% evidence |
| Exact sum: 14 + 8.2 + 8.7 + 20 = 50.9 · Decision use: Price leads the evidence: RS versus the benchmark is 63%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 12M M Forgings LtdMMFL | 47.9/100Mixed-negative evidence96% evidence | BREAKING OUT | 12.1/35 Revenue 4.3% · PAT -18.9% · OPM change -1 pp 88% evidence | 10.6/25 ROCE 9% · OPM 19% 100% evidence | 12.9/20 P/E 26.9× · PEG 0.66 100% evidence | 12.3/20 RS sector 13.1% · RS bench 33.7% · 1Y 51.7%5 of 12 weeks ahead 100% evidence |
| Exact sum: 12.1 + 10.6 + 12.9 + 12.3 = 47.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 13CIE Automotive India LtdCIEINDIA | 45.4/100Mixed-negative evidence100% evidence | ASLEEP | 19.2/35 Revenue 12.5% · PAT 14.3% · OPM change 1 pp 100% evidence | 14.3/25 ROCE 14.7% · OPM 15% 100% evidence | 10.1/20 P/E 17.3× · PEG 2.4 100% evidence | 1.8/20 RS sector -22.6% · RS bench -7.6% · 1Y -1.2%0 of 12 weeks ahead 100% evidence |
| Exact sum: 19.2 + 14.3 + 10.1 + 1.8 = 45.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 14Nelcast LtdNELCAST | 41.7/100Mixed-negative evidence87% evidence | ASLEEP | 15.3/35 Revenue 4.2% · PAT -1.8% · OPM change -3.9 pp 95% evidence | 12.3/25 ROCE 11.4% · OPM 4.6% 95% evidence | 11.8/20 P/E 25.7× · PEG — 50% evidence | 2.3/20 RS sector -20.7% · RS bench -5.6% · 1Y -23.2%7 of 12 weeks ahead 100% evidence |
| Exact sum: 15.3 + 12.3 + 11.8 + 2.3 = 41.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 15Ramkrishna Forgings LtdRKFORGE | 40.7/100Mixed-negative evidence75% evidence | BREAKING OUT | 14.8/35 Revenue 8.6% · PAT -71.3% · OPM change 4 pp 95% evidence | 7.3/25 ROCE 5.6% · OPM 18% 76% evidence | 8.8/20 P/E 103× · PEG — 15% evidence | 9.8/20 RS sector -2.6% · RS bench 16.3% · 1Y 4.2%3 of 12 weeks ahead 100% evidence |
| Exact sum: 14.8 + 7.3 + 8.8 + 9.8 = 40.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 16Alicon Castalloy LtdALICON | 35.2/100Mixed-negative evidence77% evidence | ASLEEP | 9.7/35 Revenue 3% · PAT -25.2% · OPM change -1.8 pp 83% evidence | 10.1/25 ROCE 10% · OPM 9.2% 95% evidence | 10.9/20 P/E 28.1× · PEG — 50% evidence | 4.5/20 RS sector -20.7% · RS bench -12.7% · 1Y -27%0 of 10 weeks ahead 70% evidence |
| Exact sum: 9.7 + 10.1 + 10.9 + 4.5 = 35.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 17Synergy Green Industries LtdSGIL | 27.1/100Adverse evidence76% evidence | BREAKING OUT | 4.2/35 Revenue 1.1% · PAT -72.4% · OPM change -6.5 pp 83% evidence | 7.4/25 ROCE 9.2% · OPM 8.8% 95% evidence | 8.5/20 P/E 188× · PEG — 15% evidence | 7.0/20 RS sector -8.2% · RS bench 9.6% · 1Y 8.6%9 of 12 weeks ahead 100% evidence |
| Exact sum: 4.2 + 7.4 + 8.5 + 7 = 27.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 18Sterling Tools LtdSTERTOOLS | 25.6/100Adverse evidence77% evidence | TURNING | 6.2/35 Revenue -19.3% · PAT -49.7% · OPM change -5.7 pp 83% evidence | 8.0/25 ROCE 7.2% · OPM 3.6% 95% evidence | 7.4/20 P/E 38.1× · PEG — 50% evidence | 4.0/20 RS sector -42.6% · RS bench -4.5% · 1Y -29.5%5 of 10 weeks ahead 70% evidence |
| Exact sum: 6.2 + 8 + 7.4 + 4 = 25.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 19Sundaram Clayton LtdSUNCLAY | 24.3/100Adverse evidence74% evidence | ASLEEP | 10.4/35 Revenue -3.9% · PAT 100% · OPM change -1.2 pp 74% evidence | 0.3/25 ROCE -3.3% · OPM 2% 100% evidence | 11.5/20 P/E 11× · PEG — 15% evidence | 2.1/20 RS sector -26.6% · RS bench -12% · 1Y -35.8%1 of 12 weeks ahead 100% evidence |
| Exact sum: 10.4 + 0.3 + 11.5 + 2.1 = 24.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is Kennametal India Ltd's share price today?
Kennametal India Ltd trades at ₹2,816, +29.8% over the past year. The company is valued at ₹6,201 Cr. The stock sits at 73% of its 52-week range of ₹1,948–₹3,137, +10.3% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 15 weeks in. — as of 31 July 2026.
What were Kennametal India Ltd's latest quarterly results?
Kennametal India Ltd reported revenue of ₹334 Cr and net profit of ₹24.0 Cr for the Dec 25 quarter. Revenue rose 16.4% and profit rose 9.1% year on year. Earnings per share were ₹11.10. The operating margin was 13.0%, 1.0 pp lower than a year earlier. — as of 31 July 2026.
What is Kennametal India Ltd's revenue?
Kennametal India Ltd reported revenue of ₹334 Cr in the Dec 25 quarter, +16.4% year on year. For the full FY25 fiscal year, revenue was ₹1,170 Cr (+6.4%). Over the last 10 years revenue compounded at 7.5% a year. — as of 31 July 2026.
What is Kennametal India Ltd's profit?
Kennametal India Ltd earned ₹24.0 Cr of net profit in the Dec 25 quarter, +9.1% year on year — the 3rd straight quarter of growth. Full-year FY25 profit was ₹103 Cr. The operating margin ran 13.0% in the latest quarter. — as of 31 July 2026.
What is Kennametal India Ltd's market cap?
Kennametal India Ltd's market capitalisation is ₹6,201 Cr at a share price of ₹2,816. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 31 July 2026.
What is Kennametal India Ltd's P/E ratio?
Kennametal India Ltd trades at a P/E of 53.0×, at the 76th percentile of its own 11-year range, against a long-run median of 44.4×. This is a comparison with the stock's own history, not a value call — as of 31 July 2026.
Does Kennametal India Ltd pay a dividend?
Yes — Kennametal India Ltd's dividend payout was 86% of profit in FY25, and it recorded a payout in 10 of its last 12 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 31 July 2026.
Is Kennametal India Ltd overvalued?
On its own history, Kennametal India Ltd looks expensive against its own history: its P/E of 53.0× sits at the 76th percentile of its 11-year range (long-run median 44.4×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 31 July 2026.
Is Kennametal India Ltd growing?
Yes — Kennametal India Ltd is growing: latest-quarter revenue +16.4% year on year, profit +9.1%, and the margin −1.0 pp at 13.0%. The 10-year compound rates are 7.5% (revenue) and 11.7% (profit). The earnings engine currently reads: improving — as of 31 July 2026.
How is Kennametal India Ltd performing?
Kennametal India Ltd is in a confirmed uptrend, 15 weeks in. Its latest quarter's revenue rose 16.4% and profit rose 9.1% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 6 weeks. This describes what the data did, not a rating. — as of 31 July 2026.
What stage is Kennametal India Ltd in?
Mixed — profit and EPS growth are shrinking while ROCE holds at 19.1% — falling growth against firm returns, so no single stage word fits yet. The read comes from the last 12 quarters of growth (revenue growth +10.2% latest, profit growth −4.3% latest, eps growth −3.7% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 31 July 2026.
Is Kennametal India Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 15 of stage 2), trading +10.3% versus its 200-day average and at 73% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 31 July 2026.
Is Kennametal India Ltd beating the market?
Not lately — on a trailing-13-week view Kennametal India Ltd is currently behind the NIFTY 500 (6 weeks and counting; last ahead the week of 2026-06-25), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.4 years the stock moved +305% against the NIFTY 500's +282% — ahead of the index over the full window. — as of 31 July 2026.
Will Kennametal India Ltd's share price go up?
This page publishes no price forecast for Kennametal India Ltd. What it measures instead: the share price is ₹2,816, the price is in a confirmed uptrend 15 weeks in. Its P/E of 53.0× sits at the 76th percentile of its own 11-year range. — as of 31 July 2026.
Who owns Kennametal India Ltd?
Promoters hold 75.0% of Kennametal India Ltd, foreign institutions 0.2%, domestic institutions 13.3% and the public 11.4% (latest quarter). No holder moved a full point over the last two years — the register is quiet. — as of 31 July 2026.
Does Kennametal India Ltd have too much debt?
No — Kennametal India Ltd's debt-to-equity is 0.00, and operating profit covers the interest bill north of 100×. FY25 borrowings were ₹2.0 Cr against equity of ₹747 Cr. The returns on this page are earned, not borrowed — as of 31 July 2026.
What is Kennametal India Ltd's capex?
Kennametal India Ltd spent ₹118 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY25 alone that was ₹25.0 Cr, with ₹8.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 31 July 2026.
What is Kennametal India Ltd's cash flow?
Kennametal India Ltd generated ₹145 Cr of operating cash flow in FY25 and ₹120 Cr of free cash flow after ₹25.0 Cr of capital spending. Reported profit that year was ₹103 Cr, so operating cash ran ahead of profit. Cash-flow resolution for India is annual. — as of 31 July 2026.
Is Kennametal India Ltd's profit real cash?
Yes — over the last 3 fiscal years, 125% of Kennametal India Ltd's reported profit arrived as operating cash. In FY25, operating cash was ₹145 Cr against reported profit of ₹103 Cr. The cash then goes into a mix of the working-capital cycle and capacity. Cash-flow resolution is annual — as of 31 July 2026.
Where is Kennametal India Ltd in its business cycle?
Kennametal India Ltd's FY25 operating margin was 15.0%, against a 12-year band of 8.0%–18.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 13.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 31 July 2026.
What could break the Kennametal India Ltd story?
The sharpest disagreement: the price moved +29.8% in a year while annual EPS moved −6.9% — the difference is re-rating, and re-rating has to be repaid with earnings. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 31 July 2026.
Is Kennametal India Ltd a stock worth studying right now?
This is not investment advice. The machine read: Kennametal India Ltd's price has outrun its earnings. +29.8% in a year against EPS −6.9% — the market is paying now for delivery later. The sharpest open question: whether earnings grow into a price that has already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 31 July 2026.