Impex Ferro Tech Ltd (IMPEXFERRO) AI Stock Analysis

• Market Cap: ₹151.24M
• Dividend Yield: N/A
• Average Volume (3M): 2.56K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.67
• Revenue Growth: -100.00%
• EPS Growth: 73.28%
• Country: IN
• Employees: 70
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): -0.21
• Shares Outstanding: 87,931,600
• 10 Day Avg. Volume: 1,777
• 30 Day Avg. Volume: 2,561
• PEG Ratio: 0.03
• Price to Book (P/B): -0.05
• Price to Sales (P/S): 81.63
• P/FCF Ratio: -74.01
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: ₹1.50 ▼(-19.35% Downside)
• Action: Upgraded Date: 10/30/25
• Date: Action: Upgraded 10/30/25

Impex Ferro Tech Ltd is experiencing severe financial difficulties, which is the most significant factor impacting its stock score. The technical analysis indicates a bearish trend, and the valuation metrics reflect a lack of profitability and no dividend yield. These factors collectively result in a low overall stock score.

Positive Factors

Low market volatility (Beta)

A beta ~0.66 indicates the stock is less volatile than the market, which is durable across months. Lower volatility reduces refinancing and market-driven funding stress, helping management execute restructuring or turnaround plans with less financing cost variability and fewer short-term liquidity shocks.

Lean workforce

A small headcount of 70 implies low fixed personnel costs and operational flexibility. This structural cost base makes it easier to preserve cash, pare overheads, or reallocate resources during a multi-month turnaround, supporting survivability while management addresses revenue and liquidity gaps.

Positive reported ROE

A measured positive ROE suggests the business can generate some return on capital even amid distress. While the report notes this is influenced by negative equity, persistent positive unit economics or niche profitability could be a foundation for recovery if equity and liquidity are restored.

Negative Factors

Severe revenue collapse

Nearly complete revenue erosion is a fundamental threat: it undermines scale, margins and customer relationships. Over 2–6 months, sustained revenue collapse limits ability to cover fixed costs, erodes bargaining power with suppliers, and makes operational recovery and credible turnaround execution very difficult.

Negative equity and high leverage

Negative shareholders' equity and a negative debt-to-equity ratio indicate a compromised capital structure. This durable weakness restricts access to new debt or equity, raises default and covenant risk, and forces reliance on distressed financing or restructuring, impairing strategic options for months ahead.

Weak cash generation

Persistently negative operating and free cash flows signal the company cannot self-fund operations or service debt. Over a multi-month horizon this drains liquidity, necessitates external financing or asset sales, and increases bankruptcy or dilution risk if cash generation isn't re-established.

Impex Ferro Tech Ltd Business Overview & Revenue Model

Company Description

Impex Ferro Tech Limited manufactures and sells ferro alloys in India and internationally. The company's ferro alloy products include silico manganese, high carbon ferro manganese, and medium carbon ferro manganese for use in making various types of carbon and alloy steels, as well as in the deoxidation, desulphurization, and refining of steel. It also trades in iron and steel products. Impex Ferro Tech Limited was incorporated in 1995 and is based in Kolkata, India.

How the Company Makes Money

Impex Ferro Tech Ltd generates revenue primarily through the production and sale of ferro alloys. The company's revenue model is based on direct sales to various industries that require these alloys for steel production and other metallurgical applications. Key revenue streams include bulk sales to manufacturers, contracts with steel mills, and exports to international markets. Additionally, the company may engage in strategic partnerships with suppliers and distributors to enhance its market reach and efficiency, contributing positively to its earnings. Market demand for high-quality ferro alloys, fluctuations in raw material prices, and operational efficiency also play significant roles in determining the company's profitability.

Impex Ferro Tech Ltd Financial Statement Overview

Summary

Impex Ferro Tech Ltd is facing severe financial difficulties across all verticals. The income statement shows declining revenues and negative profitability, the balance sheet indicates high leverage and negative equity, and the cash flow statement highlights liquidity challenges. The company needs to address these issues to improve its financial health and stability.

Income Statement

Impex Ferro Tech Ltd has experienced a significant decline in revenue, with a revenue growth rate of -99.24% in the latest period. The company is facing severe profitability challenges, as indicated by the negative net profit margin of -33.99% and negative EBIT margin of -34.29%. The gross profit margin is unusually high at 100% due to the low revenue base, but this is not sustainable. Overall, the income statement reflects a struggling financial performance with declining revenues and negative profitability.

Balance Sheet

The balance sheet shows a concerning financial position with negative stockholders' equity, leading to a negative debt-to-equity ratio of -0.85. This indicates that the company is highly leveraged and may face difficulties in meeting its debt obligations. The return on equity is positive at 2.24%, but this is due to the negative equity base. Overall, the balance sheet reflects high financial risk and instability.

Cash Flow

The cash flow statement reveals negative operating cash flow and free cash flow, indicating liquidity challenges. The free cash flow growth rate is -102.36%, highlighting a significant decline in cash generation. The operating cash flow to net income ratio is negative, suggesting that the company is not generating sufficient cash from its operations to cover its losses. Overall, the cash flow statement indicates poor cash management and liquidity issues.

Breakdown	Mar 2025	Sep 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	2.08M	275.02M	1.43B	2.98B	999.44M
Gross Profit	2.08M	-49.76M	148.79M	63.99M	-155.79M
EBITDA	-3.08M	-233.01M	-269.79M	-100.64M	-22.27M
Net Income	-70.66M	-298.29M	-335.98M	-167.62M	-87.43M
Balance Sheet
Total Assets	1.66B	1.73B	2.05B	2.51B	2.62B
Cash, Cash Equivalents and Short-Term Investments	8.51M	6.84M	2.57M	39.21M	2.44M
Total Debt	2.68B	2.68B	2.68B	2.90B	3.07B
Total Liabilities	4.81B	4.81B	4.83B	4.96B	4.90B
Stockholders Equity	-3.15B	-3.08B	-2.78B	-2.45B	-2.28B
Cash Flow
Free Cash Flow	-2.29M	4.22M	4.79M	392.99M	5.39M
Operating Cash Flow	-2.29M	240.10M	40.65M	416.13M	55.23M
Investing Cash Flow	-1.12M	-236.56M	147.58M	-207.92M	-7.39M
Financing Cash Flow	3.96M	-269.00K	-224.86M	-171.58M	-48.15M

Impex Ferro Tech Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.86
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:IMPEXFERRO, the sentiment is Negative. The current price of 1.86 is above the 20-day moving average (MA) of 1.76, above the 50-day MA of 1.77, and below the 200-day MA of 1.96, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 46.49 is Neutral, neither overbought nor oversold. The STOCH value of 27.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:IMPEXFERRO.

Impex Ferro Tech Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CENTEXT	68 Neutral	₹1.39B	15.66	―	―	―	―
MANAKSIA	67 Neutral	₹3.75B	7.26	―	―	51.38%	-19.06%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
SHAHALLOYS	52 Neutral	₹1.19B	0.90	―	―	-76.23%	―
IMPEXFERRO	41 Neutral	₹151.24M	-2.22	―	―	-100.00%	73.28%

Impex Ferro Tech Ltd Corporate Events

Impex Ferro Tech CoC Finalizes Provisional Resolution Applicant List and Notes CIRP Extension

Impex Ferro Tech Ltd has disclosed that its 24th meeting of the Committee of Creditors, held on 19 February 2026 under the ongoing insolvency resolution process, reviewed the steps taken by the Resolution Professional and finalized a provisional list of eligible resolution applicants in line with CIRP regulations. The CoC also noted the approval for extending the CIRP timeline by the NCLT Kolkata, cleared CIRP costs up to January 2026, and acknowledged approval of the company’s December quarter results, signaling continued procedural progress in the restructuring process.

These developments indicate that the insolvency resolution is advancing through formal regulatory stages, with key stakeholders aligning on candidate resolution applicants and funding the process costs. The extension of the CIRP period and validation of recent financial results provide a framework for potential bidders to assess the company’s position, which may influence eventual recovery prospects for creditors and the future operational outlook for the business.

Impex Ferro Tech CoC Reviews CIRP Progress, Clears Fresh Bid Process and Cost Approvals

Impex Ferro Tech Limited, which is undergoing a Corporate Insolvency Resolution Process, has reported the outcome of its 23rd Committee of Creditors meeting held on 22 January 2026. The CoC reviewed the steps taken so far by the Resolution Professional, discussed invocation of a bank guarantee provided by a resolution applicant, and approved initiating a fresh round of expressions of interest and a revised Form G to attract new prospective resolution applicants, including setting their eligibility criteria. The committee also approved CIRP costs up to specified dates and noted an extension of the CIRP period granted by the National Company Law Tribunal in Kolkata, signaling that the insolvency process will continue while the stakeholders seek viable resolution options and potential bidders for the distressed asset.

Impex Ferro Tech Invites Resolution Plans Under Insolvency Process

Impex Ferro Tech Ltd, a ferro alloys producer currently under Corporate Insolvency Resolution Process, has formally invited resolution plans from interested parties as required under India’s Insolvency and Bankruptcy Code and related regulations. The Resolution Professional has issued a public invitation for expressions of interest via Form G and corresponding newspaper advertisements, signaling a key procedural step toward identifying potential resolution applicants and determining the company’s future ownership and restructuring trajectory, with implications for creditors, investors and other stakeholders as the insolvency process advances.

Impex Ferro Tech Invites Resolution Plans Under Insolvency Process

Impex Ferro Tech Ltd, which is currently undergoing a Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, has initiated steps to invite potential resolution plans to revive the company. The resolution professional has published a formal invitation for expressions of interest via Form G in line with regulatory requirements, signaling the start of a structured search for prospective investors or resolution applicants, a move that could determine the company’s future ownership structure, debt resolution and continuity of operations, with direct implications for creditors and other stakeholders.

Impex Ferro Tech Ltd Reschedules Crucial Creditor Meeting Amid Insolvency Proceedings

Impex Ferro Tech Ltd has announced the rescheduling of its 22nd Committee of Creditors meeting as part of its ongoing Corporate Insolvency Resolution Process. This development is a critical step in the company’s efforts to navigate its financial restructuring, which could have significant implications for its operations and stakeholders.