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    Kennametal India Limited

    Bengaluru maker of tungsten-carbide cutting tools & CNC machine tools; Indian arm of Kennametal Inc.

    Capital Goods
    Industrials
    View KENNAMET earnings calls
    ₹2,798
    -3.95% from avg

    Overview

    Price

    ₹2,798

    Market Cap

    ₹6.2k Cr

    Sector

    Capital Goods

    Industrials

    Rank

    2

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY21FY22FY23FY24FY25FY25FY26FY26
    LiabilitiesEquity Capital2222222222222222
    Reserves528551624666712758725780
    Borrowings130033222
    Other Liabilities125191184160191196217226
    Total Liabilities6887658308519279799671.0k
    AssetsFixed Assets247225215275294280273274
    CWIP3252773481286
    Investments22000000
    Other Assets408486538542626688685750
    Total Assets6887658308519279799671.0k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating63842815549116114145
    Cash from Investing-55-139-32-24-48-45-23-4
    Cash from Financing-542-57-53-45-67-89
    SummaryCapital Expenditure
    Free Cash Flow3-25-33129-166986116
    FCF Margin

    Valuation

    Assumptions

    Current — KENNAMET
    Price
    ₹2,798
    EPS (TTM)
    ₹63.02
    PE (TTM)
    44.4
    Profit growth
    12.2%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (53.4×) and current (44.4×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹2,798
    vs
    Fair value · 15% return
    ₹2,144
    23%Overvalued

    At 12.2% growth and a 44× exit, ₹2798 only delivers your return if you pay ₹2,144. The price is currently baking in 18% growth.

    EPS grows 12.2%/yr for 5 years, then fades to 6% over 2, exits at 44×.

    YearGrowthEPS (₹)
    FY2712.2%70.71
    FY2812.2%79.33
    FY2912.2%89.01
    FY3012.2%99.87
    FY3112.2%112.06
    FY329.1% ·fade122.26
    FY336.0% ·fade129.59

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Kennametal India Limited

    Guides on how to read this kind of business and the numbers that matter.