Ferrous Metals industry
36 companies · ₹8.6 L cr · 7 with AI deep dives
5y revenue CAGR
median 8.23%(p25 -10.47% · p75 17.54%)
5y avg ROCE
median 12.01%(p25 7.14% · p75 19.32%)
Debt / equity
median 0.35x(p25 0.24x · p75 0.92x)
AI sector brief
from the bucket's latest earnings calls · as of 2026-06-30headwindCoking coal cost surge compressing near-term margins across the sector4 managements
Rising hard coking coal (HCC) prices are the single most-cited cost headwind. JINDALSTEL guided coking coal consumption cost to rise $20 - 25/tonne sequentially in Q1 FY27…
- JINDALSTEL (Q4FY26): “For Q1FY27, we expect coking coal prices to increase by $20 to $25 per tonne sequentially”
headwind2 managements🔒tailwind5 managements🔒headwind2 managements🔒tailwind4 managements🔒tailwind3 managements🔒tailwind3 managements🔒
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| Company | Mcap | AI verdict | Signals | Stated KPIs (latest call) |
|---|---|---|---|---|
| JSW Steel Ltd | ₹3.1 L cr | Unlock | earnings quality strongdeleveragingcyclical high volatility | |
| Tata Steel Ltd | ₹2.3 L cr | Unlock | earnings quality stronglevering upcyclical peak basecyclical high volatility | |
| Jindal Steel Ltd | ₹1.1 L cr | Unlock | earnings quality strongcyclical high volatilitycapex intensity elevated | |
| Steel Authority of India Ltd | ₹68,505 cr | Unlock | earnings quality strongcapital destroyercyclical high volatility | |
| Jindal Stainless Ltd | ₹59,725 cr | Unlock | earnings quality strongdeleveragingcyclical high volatilitygross block efficient | |
| KIOCL Ltd | ₹21,150 cr | Unlock | latent operating leveragecapital destroyercyclical high volatilitycapex intensity elevated | |
| Sarda Energy & Minerals Ltd | ₹18,007 cr | Market pricing in FY30 capacity build; execution delivery the remaining variable | latent operating leverageearnings quality strongdeleveragingcyclical high volatility | |
| NMDC Steel Ltd | ₹12,273 cr | Unlock | ||
| Vedanta Iron & Steel Ltd | ₹11,547 cr | Unlock | ||
| Kirloskar Ferrous Industries Ltd | ₹7,871 cr | Unlock | earnings quality strongcyclical high volatility | |
| Indian Metals & Ferro Alloys Ltd | ₹7,268 cr | Unlock | capex coming onlineroce compounderearnings quality strongcapex ahead of revenue | |
| Jai Balaji Industries Ltd | ₹5,433 cr | Unlock | earnings quality strongcyclical peak basecyclical high volatilitygross block efficient | |
| Maithan Alloys Ltd | ₹2,806 cr | Unlock | net cashcyclical high volatilitygross block efficient | |
| Prakash Industries Ltd | ₹2,219 cr | Unlock | earnings quality strongcyclical high volatility | |
| Mukand Ltd | ₹2,007 cr | Unlock | deleveragingcyclical peak basecyclical high volatilitygross block efficient | |
| S.A.L Steel Ltd | ₹890 cr | Unlock | latent operating leveragecapex coming onlinedeleveragingcapex ahead of revenue | |
| VISA Chrome Ltd | ₹554 cr | Unlock | earnings quality weakcapital destroyercyclical high volatility | |
| Manaksia Steels Ltd | ₹438 cr | Unlock | cyclical high volatilitygross block efficient | |
| Vraj Iron & Steel Ltd | ₹416 cr | Unlock | earnings quality weaknet cashgross block efficient | |
| Scan Steels Ltd | ₹298 cr | Unlock | earnings quality stronggross block efficient | |
| Jainam Ferro Alloys (I) Ltd | ₹289 cr | Unlock | earnings quality strongcapex intensity elevated | |
| Chaman Metallics Ltd | ₹238 cr | Unlock | earnings quality weakcapex intensity elevated | |
| Nilachal Carbo Metalicks Ltd | ₹196 cr | Unlock | earnings quality weakgross block efficient | |
| Nagpur Power & Industries Ltd | ₹183 cr | Unlock | ||
| Owais Metal and Mineral Processing Ltd | ₹176 cr | Unlock | earnings quality strong | |
| Vaswani Industries Ltd | ₹172 cr | Unlock | latent operating leverageearnings quality stronglevering upcyclical high volatility | |
| Kic Metaliks Ltd | ₹127 cr | Unlock | earnings quality strongdeleveragingcyclical high volatilitygross block efficient | |
| Bihar Sponge Iron Ltd | ₹113 cr | Unlock | cyclical peak basecyclical high volatilitygross block efficient | |
| Shyam Century Ferrous Ltd | ₹110 cr | Unlock | latent operating leveragecyclical high volatilitygross block efficient | |
| Indsil Hydro Power & Manganese Ltd | ₹108 cr | Unlock | cyclical high volatilitygross block efficient | |
| Shri Hare-Krishna Sponge Iron Ltd | ₹77 cr | Unlock | capex coming onlineearnings quality weakgross block underutilised | |
| Facor Alloys Ltd | ₹73 cr | Unlock | latent operating leveragecapital destroyercyclical high volatilitygross block underutilised | |
| Chrome Silicon Ltd | ₹70 cr | Unlock | latent operating leveragelevering upcapital destroyercyclical high volatility | |
| QVC Exports Ltd | ₹25 cr | Unlock | roce compoundergross block efficient | |
| Impex Ferro Tech Ltd | ₹23 cr | Unlock | latent operating leveragecyclical high volatilitycapex intensity elevatedgross block underutilised | |
| Ankit Metal & Power Ltd | ₹21 cr | Unlock | cyclical high volatility |