Indian Metals & Ferro Alloys Ltd. (IMFA) AI Stock Analysis

• Market Cap: ₹46.51B
• Dividend Yield: 2.31%
• Average Volume (3M): 6.46K
• Price to Earnings (P/E): 13.0
• Beta (1Y): 1.42
• Revenue Growth: -7.18%
• EPS Growth: -9.88%
• Country: IN
• Employees: 2,101
• Sector: Basic Materials
• Sector Strength: 73
• Industry: Steel
• EPS (TTM): 17.11
• Shares Outstanding: 53,954,105
• 10 Day Avg. Volume: 6,258
• 30 Day Avg. Volume: 6,457
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹801.00
• Price Target Upside: -9.48% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 68 Neutral
• Price Target: ₹801.00 ▼(-9.48% Downside)

Indian Metals & Ferro Alloys Ltd. shows strong financial performance with robust profitability and efficient cash flow management, contributing significantly to its score. However, technical indicators suggest short-term bearish momentum, which slightly offsets the financial strengths. The valuation is reasonable, offering a fair P/E ratio and a decent dividend yield, supporting the overall score.

Indian Metals & Ferro Alloys Ltd. Business Overview & Revenue Model

Company Description

Indian Metals & Ferro Alloys Ltd. (IMFA) is a leading manufacturer of ferro alloys based in India. The company primarily operates in the metal and mining sector, producing essential alloys like ferro chrome, which is a critical component in the production of stainless steel. IMFA is recognized for its integrated operations, which include mining, power generation, and ferro alloys manufacturing, making it a significant player in the global ferro alloys market.

How the Company Makes Money

IMFA generates revenue primarily through the production and sale of ferro alloys, with ferro chrome being its flagship product. The company benefits from its fully integrated operations, which include captive mining and power generation, ensuring cost-efficient and sustainable production processes. IMFA's revenue streams include domestic sales within India and exports to international markets, leveraging its strategic location and established logistics. Additionally, IMFA may engage in long-term supply contracts and partnerships with key industry players, further stabilizing its income. The company's ability to control various stages of production from raw material extraction to finished product delivery enhances its profitability and market competitiveness.

Indian Metals & Ferro Alloys Ltd. Financial Statement Overview

Summary

Indian Metals & Ferro Alloys Ltd. demonstrates strong financial health with robust profitability and efficient cash flow management. The company's low leverage and solid equity position provide stability. However, the recent revenue decline warrants attention to ensure sustained growth.

Income Statement

Indian Metals & Ferro Alloys Ltd. shows a solid gross profit margin, indicating efficient production processes. The net profit margin has been consistent, reflecting stable profitability. However, revenue growth is fluctuating, with a decline in the most recent year, which could be a potential concern. The EBIT and EBITDA margins are healthy, but a slight decline in EBIT margin suggests some operational challenges.

Balance Sheet

The company maintains a strong equity base with a favorable equity ratio, indicating good financial stability. The debt-to-equity ratio is low, suggesting prudent leverage management. Return on Equity is satisfactory, showing effective use of shareholder funds. The balance sheet indicates robust financial health, but continuous monitoring of liabilities is advisable.

Cash Flow

Cash flow statements reveal healthy free cash flow generation, supporting investment and operational needs. The operating cash flow to net income ratio is strong, indicating effective cash conversion. Free cash flow growth is positive, contributing to financial flexibility. Despite some fluctuations in investing and financing cash flows, overall cash flow management appears solid.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	25.65B	25.65B	27.80B	26.39B	25.65B	18.08B
Gross Profit	13.21B	11.69B	12.32B	6.75B	13.93B	7.86B
EBITDA	5.78B	5.30B	6.18B	4.57B	8.13B	3.93B
Net Income	3.79B	3.79B	3.95B	2.25B	5.07B	1.67B
Balance Sheet
Total Assets	31.77B	31.77B	28.32B	26.54B	28.21B	25.41B
Cash, Cash Equivalents and Short-Term Investments	9.30B	9.30B	4.50B	2.78B	1.62B	1.38B
Total Debt	3.89B	3.89B	1.84B	3.41B	4.90B	6.79B
Total Liabilities	8.20B	8.20B	7.04B	7.50B	10.76B	12.69B
Stockholders Equity	23.48B	23.48B	21.20B	18.73B	17.15B	12.42B
Cash Flow
Free Cash Flow	0.00	4.70B	3.99B	1.51B	3.03B	1.71B
Operating Cash Flow	0.00	5.85B	5.12B	1.51B	3.90B	2.07B
Investing Cash Flow	0.00	-5.62B	-2.09B	1.40B	-1.06B	-1.06B
Financing Cash Flow	0.00	-679.30M	-2.59B	-2.91B	-2.84B	-993.00M

Indian Metals & Ferro Alloys Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 884.90
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:IMFA, the sentiment is Positive. The current price of 884.9 is above the 20-day moving average (MA) of 806.17, above the 50-day MA of 776.17, and above the 200-day MA of 733.27, indicating a bullish trend. The MACD of 35.73 indicates Negative momentum. The RSI at 71.58 is Negative, neither overbought nor oversold. The STOCH value of 80.92 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:IMFA.

Indian Metals & Ferro Alloys Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KSL	73 Outperform	₹36.28B	13.65		1.20%	2.03%	10.83%
MAITHANALL	70 Outperform	₹30.37B	4.28		1.52%	21.34%	-4.84%
IMFA	68 Neutral	₹46.51B	12.99		2.31%	-7.18%	-9.88%
SUNFLAG	63 Neutral	₹47.87B	24.99		―	3.63%	35.19%
JAYNECOIND	63 Neutral	₹56.08B	23.57		―	5.16%	57.51%
Sector *	61 Neutral	$10.26B	6.13	0.71%	2.87%	3.45%	-36.02%
ORISSAMINE	44 Neutral	₹28.47B	626.53		―	-21.47%	-1526.90%

Indian Metals & Ferro Alloys Ltd. Corporate Events

Indian Metals & Ferro Alloys Ltd. Announces Virtual 63rd AGM

Indian Metals & Ferro Alloys Ltd. announced that its 63rd Annual General Meeting (AGM) will be held on July 30, 2025, at 3:00 PM IST through video conferencing and other audio-visual means. This move aligns with regulatory requirements and ensures shareholder participation without physical attendance, reflecting a continued adaptation to digital methods for corporate governance. The AGM notice and annual report are available on the company’s website, and shareholders are encouraged to update their email addresses and bank mandates to facilitate digital communication and dividend distribution.