About Kiocl Limited
Data last updated:
Kiocl Limited is a public limited union government company based in Bangalore, Karnataka, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 02 April 1976 and has been in existence for over 50 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L13100KA1976GOI002974. Its GSTIN is 29AAACK8438M1ZX (Karnataka). The company holds 8 GST registrations, of which 5 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 540680 and NSE: KIOCL.
The company has an authorised share capital of ₹675 Cr and a paid-up capital of ₹607.75 Cr. It was formerly known as Kudremukh Iron Ore Company Limited. It is led by directors including Venkat Kiran Ganti (Managing Director) and Binay Krushna Mahapatra (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at II Block Koramangalabangalore., Karnataka, India – 560034.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹613.46 Cr, a growth of 3.9% compared to the previous year. For the same year it recorded a net profit of ₹15.9 Cr (net margin 2.6%) and EBITDA of -₹29.1 Cr (EBITDA margin -4.7%). The net worth stands at ₹1,736.23 Cr (up 1.4% YoY). Total assets are valued at ₹2,014 Cr (up 1% YoY).
The company is associated with 1 brand: KIOCL. As per MCA filings, the company has satisfied charges of ₹1,158 Cr on record. Court records list 222 cases involving the company, including 109 filed by the company and 115 filed against it; 30 cases are pending. The company has 2 deals on record (1 buyback, 1 acquisition); the latest was in November 2018. The company has 14 MSME Form 1 returns on record between 2011 and 2019, listing 26 overdue payments to 18 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kioclltd.in.
Company details
CIN history
Kiocl has one previous CIN (Corporate Identification Number): L13100KA1976PLC002974. The current CIN is L13100KA1976GOI002974, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L13100KA1976GOI002974 | Current |
| L13100KA1976PLC002974 | Previous |
Contact details
Kiocl Limited's registered office is in Bangalore, Karnataka. Its website is kioclltd.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressII Block Koramangalabangalore., Karnataka, India – 560034
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Kiocl Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Kiocl operates one associated brand: KIOCL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Iron is produced by KIOCL in Bengaluru, India. | kioclltd.in |
Business activity
The main business activity of Kiocl is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Kiocl Limited, buy the company report.
Financials of Kiocl Limited
FY 2025-26 filings availableKiocl Limited reported revenue of ₹613.46 Cr (up 3.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 613 | 591 | 1,854 | 1,543 | 3,006 | 2,376 | 1,938 |
| Revenue growth | +3.9% | -68.2% | +20.1% | -48.7% | +26.5% | +22.7% | - |
| EBITDA | (29.10) | (200) | (72.09) | (164) | 380 | 352 | (17.54) |
| EBITDA margin | -4.7% | -33.9% | -3.9% | -10.6% | +12.7% | +14.8% | -0.9% |
| Profit before tax | 11.87 | (205) | (63.69) | (123) | 411 | 410 | 63.67 |
| Net profit | 15.90 | (205) | (84.63) | (97.82) | 313 | 301 | 39.41 |
| Net profit margin | +2.6% | -34.7% | -4.6% | -6.3% | +10.4% | +12.7% | +2.0% |
| EPS (₹) | 0.27 | (3.37) | (1.37) | (1.61) | 5.16 | 4.96 | 0.70 |
| Balance sheet | |||||||
| Total assets | 2,014 | 1,995 | 2,187 | 2,628 | 2,362 | 2,201 | 2,128 |
| Net worth | 1,736 | 1,712 | 1,918 | 2,002 | 2,144 | 1,986 | 1,916 |
| Total debt | 192 | 193 | 180 | 537 | 126 | 120 | 124 |
| Cash & bank | 826 | 730 | 457 | 773 | 1,108 | 1,422 | 1,530 |
| Net working capital | 842 | 807 | 1,071 | 1,570 | 1,743 | 1,844 | 1,811 |
| Cash flow | |||||||
| Cash from operations | 79.02 | 343 | 105 | (309) | 69.92 | 96.96 | (21.76) |
| Cash from investing | (57.21) | (308) | (127) | 129 | (132) | 298 | 48.53 |
| Cash from financing | (15.99) | (80.02) | (372) | 337 | (165) | (246) | (112) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 158 | 220 | 160 | 143 | 90.94 | 246 | 181 | 16.14 |
| Revenue growth (YoY) | +73.8% | -10.6% | -11.6% | +783.2% | -38.3% | - | - | - |
| Other income | 22.45 | 35.74 | 22.13 | 17.92 | 17.15 | 15.78 | 10.67 | 12.97 |
| Total expenses | 185 | 189 | 155 | 164 | 133 | 287 | 224 | 83.39 |
| EBITDA | (26.59) | 31.74 | 4.25 | (21.59) | (41.72) | (40.83) | (43.47) | (67.25) |
| EBITDA margin | -16.8% | +14.6% | +2.7% | -15.1% | -45.9% | -16.5% | -24.1% | -424.0% |
| Depreciation | 8.20 | 9.45 | 9.61 | 9.84 | 10.28 | 10.81 | 10.69 | 9.93 |
| Interest | 3.61 | 3.63 | 3.64 | 3.64 | 3.64 | 3.66 | 3.73 | 5.51 |
| Profit before tax | (15.95) | 54.40 | 13.13 | (17.15) | (38.49) | (39.52) | (47.22) | (69.72) |
| Tax | (0.47) | 1.01 | (5.00) | 0.01 | (0.70) | (2.64) | 0.57 | (0.51) |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 158 | 220 | 160 | 143 | 90.94 | 246 | 181 | 16.14 |
| Revenue growth (YoY) | +73.8% | -10.6% | -11.6% | +783.2% | -38.3% | - | - | - |
| Other income | 22.45 | 35.74 | 22.13 | 17.92 | 17.15 | 15.78 | 10.67 | 12.97 |
| Total expenses | 185 | 189 | 155 | 164 | 133 | 287 | 224 | 83.39 |
| EBITDA | (26.59) | 31.74 | 4.25 | (21.59) | (41.72) | (40.83) | (43.47) | (67.25) |
| EBITDA margin | -16.8% | +14.6% | +2.7% | -15.1% | -45.9% | -16.5% | -24.1% | -424.0% |
| Depreciation | 8.20 | 9.45 | 9.61 | 9.84 | 10.28 | 10.81 | 10.69 | 9.93 |
| Interest | 3.61 | 3.63 | 3.64 | 3.64 | 3.64 | 3.66 | 3.73 | 5.51 |
| Profit before tax | (15.95) | 54.40 | 13.13 | (17.15) | (38.49) | (39.52) | (47.22) | (69.72) |
| Tax | (0.47) | 1.01 | (5.00) | 0.01 | (0.70) | (2.64) | 0.57 | (0.51) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 613 | 591 | 1,854 | 1,543 | 3,006 | 2,376 | 1,938 |
| Revenue growth | +3.9% | -68.2% | +20.1% | -48.7% | +26.5% | +22.7% | - |
| Other income | 94.79 | 50.10 | 50.39 | 80.40 | 74.29 | 101 | 119 |
| Total expenses | 643 | 791 | 1,926 | 1,708 | 2,626 | 2,025 | 1,955 |
| Employee cost | 165 | 157 | 162 | 166 | 188 | 186 | 169 |
| EBITDA | (29.10) | (200) | (72.09) | (164) | 380 | 352 | (17.54) |
| EBITDA margin | -4.7% | -33.9% | -3.9% | -10.6% | +12.7% | +14.8% | -0.9% |
| Depreciation | 39.18 | 39.51 | 27.42 | 25.25 | 31.18 | 27.46 | 27.49 |
| Interest | 14.64 | 15.35 | 14.57 | 13.77 | 12.40 | 15.18 | 10.18 |
| Profit before tax | 11.87 | (205) | (63.69) | (123) | 411 | 410 | 63.67 |
| Tax | (4.68) | (0.48) | 19.61 | (25.09) | 97.62 | 109 | 20.20 |
| Net profit | 15.90 | (205) | (84.63) | (97.82) | 313 | 301 | 39.41 |
| Net profit margin | +2.6% | -34.7% | -4.6% | -6.3% | +10.4% | +12.7% | +2.0% |
| EPS (₹) | 0.27 | (3.37) | (1.37) | (1.61) | 5.16 | 4.96 | 0.70 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 608 | 608 | 608 | 608 | 608 | 608 | 622 |
| Reserves & surplus | 1,128 | 1,104 | 1,311 | 1,394 | 1,536 | 1,378 | 1,294 |
| Shareholders' funds (net worth) | 1,736 | 1,712 | 1,918 | 2,002 | 2,144 | 1,986 | 1,916 |
| Secured loans | 0.00 | 0.00 | 63.76 | 412 | 9.00 | 0.00 | 0.00 |
| Unsecured loans | 192 | 193 | 116 | 126 | 117 | 120 | 124 |
| Total debt | 192 | 193 | 180 | 537 | 126 | 120 | 124 |
| Total liabilities | 2,014 | 1,995 | 2,187 | 2,628 | 2,362 | 2,201 | 2,128 |
| Assets | |||||||
| Gross block | 1,208 | 1,193 | 1,095 | 469 | 439 | 408 | 394 |
| Net block | 939 | 953 | 895 | 282 | 277 | 271 | 279 |
| Capital work in progress | 167 | 169 | 159 | 702 | 296 | 42.13 | 20.91 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 160 | 140 | 485 | 353 | 366 | 325 | 257 |
| Sundry debtors | 35.39 | 22.81 | 7.70 | 354 | 292 | 243 | 123 |
| Cash & bank balances | 826 | 730 | 457 | 773 | 1,108 | 1,422 | 1,530 |
| Loans & advances | 170 | 229 | 394 | 420 | 297 | 155 | 155 |
| Total current assets | 1,190 | 1,122 | 1,344 | 1,901 | 2,063 | 2,145 | 2,065 |
| Total current liabilities | 349 | 315 | 272 | 331 | 319 | 301 | 254 |
| Net working capital | 842 | 807 | 1,071 | 1,570 | 1,743 | 1,844 | 1,811 |
| Total assets | 2,014 | 1,995 | 2,187 | 2,628 | 2,362 | 2,201 | 2,128 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 68.83 | 113 | 509 | 352 | 579 | 430 | 515 |
| Net cash from operating activities | 79.02 | 343 | 105 | (309) | 69.92 | 96.96 | (21.76) |
| Net cash from investing activities | (57.21) | (308) | (127) | 129 | (132) | 298 | 48.53 |
| Net cash from financing activities | (15.99) | (80.02) | (372) | 337 | (165) | (246) | (112) |
| Net change in cash | 5.82 | (44.65) | (395) | 157 | (227) | 149 | (85.39) |
| Closing cash | 826 | 730 | 457 | 773 | 1,108 | 1,422 | 1,530 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +3.9% | -68.2% | +20.1% | -48.7% | +26.5% | +22.7% | - |
| EBITDA growth | +85.5% | -177.9% | +56.1% | -143.2% | +8.2% | +2104.2% | - |
| PBT growth | +9998.0% | -222.0% | +48.1% | - | +0.2% | +544.3% | -65.4% |
| Net income growth | +107.8% | -141.8% | +13.5% | -131.2% | +4.0% | +664.2% | - |
| Revenue CAGR (3Y) | -26.5% | -41.9% | -7.9% | -7.3% | +16.8% | +14.0% | +30.5% |
| EBITDA CAGR (3Y) | -43.8% | - | - | +110.7% | +68.5% | - | -44.4% |
| Profitability & leverage | |||||||
| Net income margin | +2.7% | -34.7% | -4.5% | -6.3% | +10.4% | +12.7% | +2.2% |
| Return on capital employed | +1.3% | -9.1% | -2.0% | -4.4% | +18.6% | +19.7% | +3.2% |
| Return on net worth | +1.0% | -11.3% | -4.3% | -4.7% | +15.2% | +15.4% | +2.0% |
| Debt / equity | 0.11 | 0.10 | 0.18 | 0.16 | 0.06 | 0.06 | 0.03 |
| Long-term debt / equity | 0.10 | 0.08 | 0.07 | 0.06 | 0.05 | 0.06 | 0.03 |
| Interest cover | -21.44 | -6.40 | -14.64 | -7.27 | 3.55 | 4.68 | -22.61 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.51 | 0.52 | 2.37 | 3.40 | 7.10 | 5.93 | 5.64 |
| Inventory turnover | 4.10 | 1.89 | 4.42 | 4.29 | 8.69 | 8.16 | 6.85 |
| Debtors turnover | 21.08 | 38.71 | 10.25 | 4.78 | 11.25 | 13.00 | 20.78 |
| EPS (₹) | 0.27 | (3.37) | (1.37) | (1.61) | 5.16 | 4.96 | 0.70 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 1.77 | 1.64 | 0.70 |
| Book value per share (₹) | 28.57 | 28.16 | 31.57 | 32.94 | 35.27 | 32.68 | 30.81 |
To see the full year-wise statements and ratios of Kiocl Limited, buy the company report.
Board of directors of Kiocl Limited
Kiocl has 3 current directors and 67 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Binay Krushna Mahapatra | Whole-Time Director | 30 Aug 2022 | 4 Years 1 Months | Current |
| Venkat Kiran Ganti | Managing Director | 22 Sep 2023 | 3 Years 1 Months | Current |
| Gopalakrishnan Ganesan | Nominee Director | 11 Jun 2025 | 1 Years 4 Months | Current |
Auditor
Kiocl Limited is audited by YCRJ & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YCRJ & Associates | FY 2023 | 006927S |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 99.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.10% and retail and other public shareholders hold 0.90%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 99.00% | 99.00% | 99.00% | 99.00% |
| Public | 1.00% | 1.00% | 1.00% | 1.00% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Nov 2020 | 100392180 | Canara Bank | ₹558 Cr | Satisfied | |
| 27 Sep 2016 | 100056154 | Others | ₹200 Cr | Satisfied | |
| 04 Mar 2015 | 10561712 | Idbi Bank Limited | ₹75 Cr | Satisfied | |
| 31 Mar 1995 | 80007707 | State Bank of India | ₹250 Cr | Satisfied | |
| 31 Mar 1995 | 90191421 | State Bank of Indai | ₹60 Cr | Satisfied |
To see the full charge records of Kiocl Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Kiocl Limited has 2 deals on record (1 buyback, 1 acquisition); the latest was in November 2018.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2018 | Buyback | ₹214 Cr | Seller: an individual |
| Jul 2009 | Acquisition | Undisclosed | Buyer: NMDC Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kiocl Limited has 222 court cases on record: 109 filed by Kiocl, 115 filed against it. 30 cases are pending and 192 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 150 | 79 | 23 |
| District courts | 49 | 23 | 5 |
| Supreme Court | 23 | 13 | 2 |
Cases on record (5 of 222)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0904-Civil Law : Transfer of Property Act, 1882 and Specific Relief Act, 1963 – matters arising out of suit for specific performance, declaration, injunction, possession or cancellation of deeds/documents) | Filed against the company by an individual | Pending |
| High Court of Rajasthan | Writ petition | Filed by the company against M/S Nestler Protec (India) Limited | Pending |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against M/S Nestler Protec (India) Limited | Pending |
| District court, Panchkula, Haryana | Appeal | Filed against the company by Haryana State Industrial and Infrastructure Development Corporation Ltd. and 1 other | Pending |
| High Court of Karnataka | Court case (MFA) | Filed by the company against Konkan Railway Corporation Limited and 1 other | Pending |
To see the full case history of Kiocl Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Kiocl Limited was last rated by Icra on 08 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 08 Jun 2022 |
To see the full credit ratings and regulatory alerts of Kiocl Limited, buy the company report.
MSME payment delays
Kiocl Limited has 14 MSME Form 1 returns on record between 2011 and 2019, listing 26 overdue payments to 18 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 18)
To see the full MSME payment records of Kiocl Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Kiocl has 8 GST registrations: 5 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACK8438M1ZX | Karnataka | Active | 01 Jul 2017 |
| 07AAACK8438M1Z3 | Delhi | Active | 27 Sep 2017 |
| 07AAACK8438M1DC | Delhi | Active | 16 Oct 2018 |
| 21AAACK8438M2ZC | Odisha | Active | 01 Jan 2019 |
To see the full GST registrations and return filing status of Kiocl Limited, buy the company report.
Recent activity
Kiocl Limited has 70 board changes on record since 2007: 6 appointments and 64 cessations. The latest: Gopalakrishnan Ganesan was appointed as Nominee Director on 11 Jun 2025.
77 earlier events are in the company report.
News
Frequently asked questions
Kiocl is an active public limited union government company based in Bangalore, Karnataka, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 02 April 1976 (50+ years old) and is registered under CIN L13100KA1976GOI002974. Listed on BSE: 540680 and NSE: KIOCL.
Kiocl reported revenue of ₹613.46 Cr for FY 2025-26 (up 3.9% YoY) based on standalone financials.
Kiocl has 3 current directors:
- Venkat Kiran Ganti - Managing Director
- Binay Krushna Mahapatra - Whole-Time Director
- Gopalakrishnan Ganesan - Nominee Director
The latest financial statements of Kiocl on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Kiocl is 29AAACK8438M1ZX, registered in Karnataka. The company has 8 GST registrations in all, of which 5 are active and 3 are cancelled or inactive. Other active GSTINs include 07AAACK8438M1Z3 (Delhi), 07AAACK8438M1DC (Delhi), 21AAACK8438M2ZC (Odisha).
The CIN (Corporate Identification Number) of Kiocl is L13100KA1976GOI002974. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Kiocl is a listed company as per MCA records. Its shares are listed on both BSE (code: 540680) and NSE (symbol: KIOCL).
Kiocl has 222 court cases on record: 109 filed by the company and 115 filed against it. 30 are pending. Most are in the high courts.
Kiocl was incorporated on 02 April 1976, making it 50+ years old. It is registered with the Registrar of Companies, Bangalore.
Kiocl has 2 deals on record (1 buyback, 1 acquisition); the latest was in November 2018.
Gopalakrishnan Ganesan was appointed as Nominee Director on 11 Jun 2025. Vinod Kumar Tripathi ceased to be Additional Director on 11 Jun 2025. Kurungattu Vasudevan Balakrishnannair ceased to be Company Secretary on 25 Apr 2025. Kiocl has 70 board changes on record in total.