Partner With Us NRI

Kennametal India Ltd share Price

Company details

6M Return 23.83%
1Y Return 2.42%
Mkt Cap.(Cr) 5,830.65
Volume 22,481
Div Yield 0.00%
OI Chg %
Volume 22,481

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

Industrial products company Kennametal India announced Q4FY23 & FY23 results:

  • Sale of Rs 10,771 million, 8.7% higher than FY22.
  • Profit before tax for FY23 was Rs 1,176 million, down 22.9% over FY22.
  • In Q4FY23 (ended June 30, 2023), sales grew to Rs 2,793 million, 4% higher as compared to Q4FY22.
  • Profit before tax was Rs 269 million, down 29.6% over Q4FY22.
  • Strong domestic demand and focus on strategic priorities helped achieve sales growth, though there were negative effects from global economic headwinds like foreign exchange, inflation, and a slower recovery in China.

Commenting on the results, Vijaykrishnan Venkatesan, Managing Director, Kennametal India, said, “Our financial performance for FY23 mirrors the resilience of the key sectors where we operate. We achieved volume growth, especially in the Hard Metals segment, though exports were impacted by global macroeconomic headwinds. Our price realization efforts helped mitigate cost pressures stemming from commodity inflation. We continued to execute on our strategic imperatives and saw success from new product innovations and partnering with customers to deliver value.”



Result PDF

View Other Company Results


Operating Profit
Profit after Tax
Reserves and Surplus
Operating Profit
Profit after Tax

Kennametal India Ltd Stocks COMPARISION


Equity Capital: 646.30 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 16,852.71 -20,671.82
LAST 3M 52,922.55 -3,405.64
LAST 6M 58,662.39 139,660.95
LAST 12M 135,235.34 165,245.59

Kennametal India Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • Kennametal Widia India Ltd. (formerly known Widia India Ltd) was incorporated in September 21, 1964. The Company 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 has its manufacturing facility in Bengaluru and sells product and services through sales and support offices. Kennametal Widia India Ltd.(formerly Widia India Ltd), promoted by Meturit, Switzerland, associates of the Fried Krupp Widia Fabrik unit of Krupp group, Germany, and Sak Industries, Switzerland. The company`s collaborator Meturit, Switzerland, holds 88.16% stake. In 1994, the company was taken over by Cincinnati Milacron, US. The company`s wholly owned subsidiary Widaroc (India) was merged with the company with effect from Jan`95.It has also introduced several new state of the art products. Some of them are, new generation milling cutters, new special solid carbide tools, new generation coated inserts, warming forging tools for bearing industry, cold forgings dies for big auto components, etc. During 2000-01, the company sub-divided its equity share face value of Rs.10/- each into 2 equity shares of Rs 5/- each and the company upgraded the Oil Well Rock Roller Bits. The company`s Mining and Construction Tools business was sold for a cash consideration of Rs.64.9 crores to Sandvik Smith A.B/ its subsidiary with effective from 1, March 2004. In the year 2005, the name of the company was changed from Kennametal Widia India Ltd to Kennametal India Limited. During 2004-05, the company has installed the Hard metal and hard metal products with the capacity of 210 MT and the company expanded its installed the capacity of Special purpose machines including accessories by 50 Nos. The installed capacity of Special purpose machines including accessories has increased to 125 Nos. The name of the Company was changed from Kennametal Widia India Limited to Kennametal India Limited effective from December 23, 2005. A regrinding center was established in FY11 at Jamshedpur through which the Company added two more regrinding centers at Pune and Gurgaon in FY12. Kennametal Inc., Promoter of the Company sold Equity Shares in March, 2013, aggregating 28,92,333 of the face value of Rs 10 each, through Offer For Sale (OFS) mechanism, which consequently, increased the public shareholding of the Company from 11.84% to 25% of the total paid up share capital of Company During the year 2020, the Company launched a range of new products as the "INNOVATIONs" for the Kennametal brand and "ADVANCES" for Widia brand. Products such as e-Bore (Digital Boring Solution), Mill 4 12 KT LH version & Slotting program, High Performance SC Drills for Steel (HPX) and Cast Iron (HPR), Machining Solutions for Composites, Milling products for Aero Structures ,PCD Milling and Reamers were included under the "Kennametal" brand. Under "Widia" brand, products such as e-Bore (Digital Boring Solution), TDMX, Shoulder milling platforms VSM11 & VSM17, new geometries introduced for Top Cut 4 drills, New victory grade for CI turning WK15CT and 2 new grades for VSM890 High Performance Shoulder Milling Platform were introduced. The Board of Directors at its meeting held on December 4, 2020 had approved a Scheme of Amalgamation for merger of its Wholly Owned Subsidiary, WIDIA India Tooling Private Limited (WITPL) with the Company, which became effective from the Appointed Date, April 1, 2021.

Registered Address

8/9th Mile, Tumkur Road, Bangalore, Karnataka, 560073

Tel : 91-80-28394321
Email : in.investorrelation:kennametal.com
Website : http://www.kennametal.com

Alpha Systems Pvt Ltd

AGM Date (Month) : Nov
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 505890
Book Closure Date (Month) : Nov
BSE Group : A
ISIN : INE717A01029

FAQ’s on Kennametal India Ltd Shares

You can buy Kennametal India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Kennametal India Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Oct 03, 2023 03:57 PM the closing price of Kennametal India Ltd was ₹ 2,652.95.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Oct 03, 2023 03:57 PM, the market cap of Kennametal India Ltd stood at ₹ 5,830.65.

The latest PE ratio of Kennametal India Ltd as of Oct 03, 2023 03:57 PM is 66.47

The latest PB ratio of Kennametal India Ltd as of Oct 03, 2023 03:57 PM is 0.12

The 52-week high of Kennametal India Ltd is ₹ 3,127.00 while the 52-week low is ₹ 1,965.00

Download Our App

market app
market app