KIOCL Share Price Target 2025, 2026 to 2030

KIOCL, originally established as Kudremukh Iron Ore Company Limited, is a prominent public sector undertaking (PSU) under India’s Ministry of Steel. Founded in 1976, the company plays a vital role in India’s iron and steel sector by focusing on the mining and beneficiation of low-grade iron ore, as well as producing high-quality iron-oxide pellets. Headquartered in Bengaluru, Karnataka, KIOCL’s primary production operations are based in Mangalore, where it operates a significant iron-oxide pellet plant and blast furnace unit.

KIOCL’s pellet plant, with an annual production capacity of 3.5 million tonnes, meets stringent global quality standards. These standards make KIOCL’s pellets ideal for advanced steel production processes, providing critical materials to high-tech steel plants around the world. Through its focus on international quality and consistent production, KIOCL has positioned itself as a trusted supplier in the global steel industry.

Shareholdings Patterns of KIOCL

Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Promoters + 99.03% 99.03% 99.03% 99.03% 99.03%
FIIs + 0.00% 0.00% 0.01% 0.00% 0.00%
DIIs + 0.13% 0.10% 0.09% 0.08% 0.07%
Public + 0.84% 0.86% 0.86% 0.88% 0.88%
No. of Shareholders 21,857 27,539 29,345 30,882 31,684

The shareholding pattern of KIOCL shows a consistent dominance by promoters, holding a stable 99.03% stake from September 2023 through September 2024. This strong promoter presence indicates KIOCL’s controlled ownership structure with minimal changes over the observed period. Foreign Institutional Investors (FIIs) held a very small and fluctuating stake, reaching a minor 0.01% in March 2024, while Domestic Institutional Investors (DIIs) gradually decreased their holdings from 0.13% in September 2023 to 0.07% by September 2024. Public shareholding, however, saw a slight upward trend, from 0.84% in September 2023 to 0.88% by September 2024, reflecting modest interest in KIOCL among individual investors. Meanwhile, the number of shareholders has steadily increased, reaching 31,684 by September 2024, indicating growing engagement from retail investors, albeit in small volumes compared to the substantial promoter holding.

How to purchase KIOCL shares?

Below are the trading platforms that you can use to purchase KIOCL shares:

  • Zerodha
  • Upstox
  • Groww
  • AngelOne
  • ICICIDirect

KIOCL Share Price Prediction: 2024, 2025 to 2030

KIOCL Share Price Target 2024

When Maximum Price Minimum Price
November 2024 351.05 305.26
December 2024 354.56 308.32

In November, the maximum price for KIOCL is expected to peak at ₹351.05, with a minimum value of ₹305.26. Following this, as we step into December, the maximum price is anticipated to rise slightly to ₹354.56, while the minimum price could see a small increase to ₹308.32.

KIOCL Share Price Target 2025

When Maximum Price Minimum Price
January 2025 358.11 275.47
February 2025 361.73 278.25
March 2025 369.32 284.10
April 2025 365.67 281.28
May 2025 355.02 273.09
June 2025 370.99 285.38
July 2025 363.72 279.78
August 2025 374.97 288.44
September 2025 379.47 291.90
October 2025 389.33 299.49
November 2025 399.07 306.97
December 2025 417.02 320.79

As we step into 2025, KIOCL’s stock prices are expected to display a range of growth throughout the year. In January, the maximum price is projected to reach ₹358.11, with a minimum of ₹275.47. Moving through February and March, prices are likely to increase, with highs of ₹361.73 and ₹369.32, while minimum prices hover around ₹278.25 and ₹284.10. By mid-year, in June, KIOCL could see prices rise to a maximum of ₹370.99 and a minimum of ₹285.38. The upward trend is anticipated to continue, with August reaching ₹374.97 as the high. As we step into the latter months, October may bring a high of ₹389.33, and November is forecasted to achieve ₹399.07 as its peak. Closing out the year, December’s maximum price could reach ₹417.02, with a minimum of ₹320.79.

KIOCL Share Price Prediction 2026

When Maximum Price Minimum Price
January 2026 429.53 330.41
February 2026 418.80 322.15
March 2026 427.17 328.59
April 2026 435.89 335.30
May 2026 431.57 331.98
June 2026 442.36 340.28
July 2026 433.69 333.61
August 2026 447.10 343.93
September 2026 456.05 350.80
October 2026 467.90 359.92
November 2026 479.60 368.92
December 2026 491.59 378.15

KIOCL Share Price Target 2027

When Maximum Price Minimum Price
January 2027 496.51 381.93
February 2027 509.24 391.72
March 2027 529.10 407.00
April 2027 518.72 399.02
May 2027 503.61 387.40
June 2027 526.28 404.83
July 2027 515.96 396.89
August 2027 531.91 409.17
September 2027 550.53 423.49
October 2027 564.85 434.50
November 2027 578.97 445.36
December 2027 593.44 456.49

KIOCL Share Price Prediction 2028

When Maximum Price Minimum Price
January 2028 605.31 465.62
February 2028 620.83 477.56
March 2028 645.04 496.19
April 2028 632.40 486.46
May 2028 613.98 472.29
June 2028 641.60 493.54
July 2028 629.02 483.86
August 2028 648.48 498.83
September 2028 671.18 516.29
October 2028 688.63 529.71
November 2028 705.84 542.96
December 2028 723.49 556.53

KIOCL Share Price Target 2029

When Maximum Price Minimum Price
January 2029 737.96 567.66
February 2029 756.88 582.21
March 2029 786.40 604.92
April 2029 770.98 593.06
May 2029 748.52 575.79
June 2029 782.21 601.70
July 2029 766.87 589.90
August 2029 790.59 608.14
September 2029 818.26 629.43
October 2029 839.53 645.79
November 2029 860.52 661.94
December 2029 882.03 678.49

KIOCL Share Price Prediction 2030

When Maximum Price Minimum Price
January 2030 899.67 692.06
February 2030 922.74 709.80
March 2030 958.73 737.48
April 2030 939.93 723.02
May 2030 912.55 701.96
June 2030 953.62 733.55
July 2030 934.92 719.17
August 2030 963.84 741.41
September 2030 997.57 767.36
October 2030 1,023.51 787.31
November 2030 1,049.09 807.00
December 2030 1,075.32 827.17

As we move into 2030, KIOCL’s stock prices are anticipated to follow a steady upward trajectory. Starting in January, the maximum price is expected to reach ₹899.67, with a minimum of ₹692.06. February may see an increase, with the price range shifting to a high of ₹922.74 and a low of ₹709.80. This upward momentum is likely to carry through March, reaching a peak of ₹958.73. By mid-year in June, KIOCL’s stock could climb to a maximum of ₹953.62, while the minimum is projected at ₹733.55. As we approach the later months, September might reach a high of ₹997.57, and by October, the maximum price could surpass ₹1,023.51. Moving into the year-end, KIOCL’s price is forecasted to reach its peak for 2030, with November hitting ₹1,049.09, followed by a high of ₹1,075.32 in December.

Financial Condition of KIOCL

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
Sales + 1,938 2,376 3,006 1,543 1,854 1,085
Expenses + 1,955 2,025 2,626 1,708 1,926 1,191
Operating Profit -18 352 380 -164 -72 -105
OPM % -1% 15% 13% -11% -4% -10%
Other Income + 119 101 74 80 50 50
Interest 10 15 12 14 15 15
Depreciation 27 27 31 25 27 32
Profit before tax 64 410 411 -123 -64 -102
Tax % 32% 27% 24% -20% 31%
Net Profit + 43 301 313 -98 -83 -124
EPS in Rs 0.7 4.96 5.16 -1.61 -1.37 -2.04
Dividend Payout % 100% 33% 34% 0% 0%

KIOCL’s financial trajectory from 2020 to 2024 reflects significant variations in both revenue and profitability, largely shaped by market fluctuations and rising operational costs. Sales volumes rose from ₹1,938 crore in 2020 to a peak of ₹3,006 crore in 2022, driven by strong demand in that period. However, sales dropped considerably in subsequent years, settling at ₹1,854 crore in 2024 and further decreasing to ₹1,085 crore in the trailing twelve months (TTM). This decline in revenue was accompanied by high expenses, which consistently increased across these years. While expenses were ₹1,955 crore in 2020, they grew alongside sales until reaching a high of ₹2,626 crore in 2022. In later years, despite reduced revenue, expenses remained substantial, putting pressure on the company’s profit margins.

The operating profit figures and margins over this period reveal the impact of these cost pressures. In 2022, when sales peaked, KIOCL managed to achieve an operating profit of ₹380 crore with an operating profit margin (OPM) of 13%. However, in other years, the company faced negative operating profits, with OPMs dropping to -1% in 2020, -11% in 2023, and -4% in 2024. The TTM performance further reflects operational strain with an OPM of -10%, indicating a need for cost control and efficiency improvements. Additionally, KIOCL’s other income sources, while helpful, were not sufficient to offset these high operational costs, leading to varied profitability outcomes.

KIOCL’s net profit and dividend payout trends reveal a company responding to its financial challenges. The peak net profit of ₹313 crore in 2022 contrasts sharply with net losses of ₹98 crore in 2023, ₹83 crore in 2024, and ₹124 crore in the TTM. Earnings per share (EPS) followed this trend, from ₹5.16 in 2022 to negative figures in recent years. Dividend payouts were high in profitable years, with a 100% payout in 2020 and 33-34% in 2021 and 2022, but were halted as the company faced losses in 2023 and 2024. KIOCL’s performance indicates a critical need for strategic measures to manage costs, maintain profitability, and adapt to the dynamic market environment.

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FAQS

What is the current share price of KIOCL?

As of November 04th, 2024, the current share price of KIOCL is ₹316.

What is the share target price for KIOCL by 2025?

According to our analysis, KIOCL could reach a maximum of ₹417.02 by the end of 2025.

What is KIOCL share price target for 2030?

The share price target for KIOCL in 2030 is projected to range between ₹692.06 and ₹1,075.32.

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Conclusion

In conclusion, KIOCL’s financial performance highlights a challenging period marked by fluctuating revenues and sustained operational pressures. Despite reaching peak sales in 2022, the company’s profitability has been hindered by high expenses, resulting in negative operating margins in recent years. The dominance of promoter shareholding at 99.03% provides KIOCL with a stable ownership structure, though public and institutional interest remains low. KIOCL’s stock price projections indicate potential for gradual growth from 2024 to 2030, with prices expected to reach new highs by the end of the decade. Moving forward, the company may need to implement cost management strategies and efficiency improvements to improve its financial health and support its position in the global steel industry.

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Author: Ashnoor

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