Kennametal India Limited, a subsidiary of Kennametal Inc., USA, is a leading provider of innovative, wear-resistant solutions tailored to metalworking, earth cutting, and other challenging industrial environments. With a strong commitment to delivering industry-leading tools and technologies, the company focuses on addressing customer challenges and enabling exceptional performance. Guided by its mission to leverage the skill and innovation of its people, Kennametal India aims to transform how everyday life is built, aligning with its visionary outlook. The company operates with a core set of values, including Safety, Respect, Integrity, and Accountability, ensuring ethical and sustainable business practices. Headquartered at 8/9th Mile, Tumkur Road, Bangalore, its leadership team, comprising Chairman Mr. Amit Laroya, Managing Director Mr. Vijaykrishnan Venkatesan, and Company Secretary Ms. Anupriya Garg, steers the organization with strategic foresight. Kennametal India emphasizes sustainability and leverages advanced material sciences and application knowledge to offer superior value to its customers, reinforcing its position as a trusted partner in the industrial sector.
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | |
| Promoters + | 75.00% | 75.00% | 75.00% | 75.00% | 75.00% |
| FIIs + | 0.98% | 0.96% | 1.00% | 0.91% | 0.93% |
| DIIs + | 13.17% | 13.45% | 13.56% | 13.54% | 13.71% |
| Public + | 10.85% | 10.58% | 10.43% | 10.55% | 10.35% |
| No. of Shareholders | 13,438 | 11,527 | 10,993 | 11,036 | 10,973 |
The shareholding pattern of Kennametal India Limited for the financial year 2023-2024 reflects a strong and balanced ownership structure. The promoters maintain a consistent and significant majority stake of 75.00% throughout the year, signifying their unwavering confidence and control over the company. The holdings of Foreign Institutional Investors (FIIs) display slight variations, beginning at 0.98% in December 2023, dipping to 0.96% in March 2024, peaking at 1.00% in June 2024, and concluding at 0.93% by December 2024. This marginal fluctuation in FII investments indicates a cautious yet steady interest in the company from foreign investors. Domestic Institutional Investors (DIIs), on the other hand, exhibit a positive trajectory, starting with 13.17% in December 2023 and steadily rising to 13.71% by December 2024. This increase underscores growing confidence among domestic institutional players in the company’s performance and potential.
The public shareholding shows a gradual decline over the same period, reducing from 10.85% in December 2023 to 10.35% in December 2024, suggesting a slight shift of shares towards institutional and strategic investors. Additionally, the number of shareholders decreases from 13,438 in December 2023 to 10,973 in December 2024, indicating a consolidation of ownership among fewer entities.
Below are the trading platforms that you can use to purchase Kennametal India shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| March 2025 | 2,639.99 | 2,030.76 |
| April 2025 | 2,613.85 | 2,010.65 |
| May 2025 | 2,537.72 | 1,952.09 |
| June 2025 | 2,651.92 | 2,039.94 |
| July 2025 | 2,599.92 | 1,999.94 |
| August 2025 | 2,680.33 | 2,061.79 |
| September 2025 | 2,712.49 | 2,086.53 |
| October 2025 | 2,783.02 | 2,140.78 |
| November 2025 | 2,852.59 | 2,194.30 |
| December 2025 | 2,980.96 | 2,293.05 |
As we move through 2025, the share prices of Kennametal India are anticipated to display consistent growth. In March 2025, the maximum share price is expected to reach ₹2,639.99, while the minimum could be ₹2,030.76. Gradually, as the months progress, the prices may rise steadily, reflecting positive investor sentiment and market conditions. By December 2025, the shares of Kennametal India are projected to achieve a maximum price of ₹2,980.96, with a minimum of ₹2,293.05.
| When | Maximum Price | Minimum Price |
| January 2026 | 3,070.39 | 2,361.84 |
| February 2026 | 2,993.63 | 2,302.79 |
| March 2026 | 3,053.50 | 2,348.85 |
| April 2026 | 3,115.82 | 2,396.78 |
| May 2026 | 3,084.97 | 2,373.05 |
| June 2026 | 3,162.09 | 2,432.38 |
| July 2026 | 3,100.09 | 2,384.68 |
| August 2026 | 3,195.97 | 2,458.44 |
| September 2026 | 3,259.89 | 2,507.61 |
| October 2026 | 3,344.64 | 2,572.80 |
| November 2026 | 3,428.26 | 2,637.12 |
| December 2026 | 3,513.97 | 2,703.05 |
As we step into 2026, the share prices of Kennametal India are anticipated to maintain an upward trajectory. In January 2026, the maximum share price is expected to reach ₹3,070.39, while the minimum could be ₹2,361.84. This positive momentum is likely to continue throughout the year. By December 2026, the shares of Kennametal India are projected to achieve a maximum price of ₹3,513.97, with a minimum of ₹2,703.05.
| When | Maximum Price | Minimum Price |
| January 2027 | 3,549.11 | 2,730.08 |
| February 2027 | 3,640.11 | 2,800.08 |
| March 2027 | 3,782.07 | 2,909.29 |
| April 2027 | 3,707.92 | 2,852.24 |
| May 2027 | 3,599.92 | 2,769.17 |
| June 2027 | 3,761.91 | 2,893.78 |
| July 2027 | 3,688.15 | 2,837.04 |
| August 2027 | 3,802.22 | 2,924.78 |
| September 2027 | 3,935.30 | 3,027.15 |
| October 2027 | 4,037.61 | 3,105.86 |
| November 2027 | 4,138.55 | 3,183.50 |
| December 2027 | 4,242.02 | 3,263.09 |
| When | Maximum Price | Minimum Price |
| January 2028 | 4,326.86 | 3,328.35 |
| February 2028 | 4,437.80 | 3,413.69 |
| March 2028 | 4,610.88 | 3,546.83 |
| April 2028 | 4,520.47 | 3,477.28 |
| May 2028 | 4,388.80 | 3,376.00 |
| June 2028 | 4,586.30 | 3,527.92 |
| July 2028 | 4,496.37 | 3,458.75 |
| August 2028 | 4,635.44 | 3,565.72 |
| September 2028 | 4,797.68 | 3,690.52 |
| October 2028 | 4,922.42 | 3,786.47 |
| November 2028 | 5,045.48 | 3,881.14 |
| December 2028 | 5,171.61 | 3,978.16 |
| When | Maximum Price | Minimum Price |
| January 2029 | 5,275.04 | 4,057.73 |
| February 2029 | 5,410.30 | 4,161.77 |
| March 2029 | 5,621.30 | 4,324.08 |
| April 2029 | 5,511.08 | 4,239.29 |
| May 2029 | 5,350.57 | 4,115.82 |
| June 2029 | 5,591.34 | 4,301.03 |
| July 2029 | 5,481.71 | 4,216.70 |
| August 2029 | 5,651.24 | 4,347.11 |
| September 2029 | 5,849.04 | 4,499.26 |
| October 2029 | 6,001.11 | 4,616.24 |
| November 2029 | 6,151.14 | 4,731.65 |
| December 2029 | 6,304.92 | 4,849.94 |
| When | Maximum Price | Minimum Price |
| January 2030 | 6,431.02 | 4,946.94 |
| February 2030 | 6,595.92 | 5,073.78 |
| March 2030 | 6,853.16 | 5,271.66 |
| April 2030 | 6,718.78 | 5,168.29 |
| May 2030 | 6,523.09 | 5,017.76 |
| June 2030 | 6,816.63 | 5,243.56 |
| July 2030 | 6,682.97 | 5,140.74 |
| August 2030 | 6,889.66 | 5,299.74 |
| September 2030 | 7,130.80 | 5,485.23 |
| October 2030 | 7,316.20 | 5,627.84 |
| November 2030 | 7,499.10 | 5,768.54 |
| December 2030 | 7,686.58 | 5,912.75 |
As we progress into 2030, the share prices of Kennametal India are forecasted to exhibit significant growth, reflecting the company’s strong performance and market dynamics. In January 2030, the shares are expected to reach a maximum price of ₹6,431.02 and a minimum price of ₹4,946.94. This upward trend is anticipated to persist throughout the year. By December 2030, the maximum share price of Kennametal India is projected to rise to ₹7,686.58, with the minimum price expected to be ₹5,912.75.
Financial Condition of Kennametal India
| Jun 2020 | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | TTM | |
| Sales + | 641 | 811 | 991 | 1,077 | 1,100 | 1,129 |
| Expenses + | 580 | 691 | 812 | 926 | 929 | 952 |
| Operating Profit | 61 | 120 | 179 | 151 | 171 | 177 |
| OPM % | 10% | 15% | 18% | 14% | 16% | 16% |
| Other Income + | 15 | 8 | 9 | 5 | 24 | 26 |
| Interest | 1 | 0 | 0 | 0 | 1 | 0 |
| Depreciation | 34 | 38 | 36 | 39 | 44 | 45 |
| Profit before tax | 40 | 89 | 153 | 118 | 151 | 158 |
| Tax % | 20% | 26% | 25% | 25% | 27% | |
| Net Profit + | 32 | 67 | 114 | 88 | 110 | 116 |
| EPS in Rs | 14.79 | 30.3 | 51.92 | 39.9 | 50.28 | 52.69 |
| Dividend Payout % | 0% | 66% | 46% | 50% | 0% |
Kennametal India has shown a positive trajectory in its financial performance from June 2020 to June 2024. Sales increased from ₹641 crores in June 2020 to ₹1,100 crores in June 2024, reflecting robust revenue growth. Alongside the rise in sales, expenses also increased, from ₹580 crores in June 2020 to ₹929 crores in June 2024. Despite this, the company has maintained a solid operating profit, with an operating profit of ₹171 crores in 2024 and an operating profit margin (OPM) of 16%, demonstrating its ability to remain profitable despite rising costs.
Other income experienced some fluctuations, reaching ₹24 crores in June 2024, compared to ₹5 crores in 2023. Depreciation expenses slightly rose from ₹39 crores in 2023 to ₹44 crores in 2024. Nevertheless, Kennametal India has sustained its profitability, reporting a profit before tax of ₹151 crores in 2024 and a net profit of ₹110 crores, indicating effective cost control and operational efficiency.
The earnings per share (EPS) have seen a strong increase, from ₹14.79 in 2020 to ₹50.28 in 2024, reflecting the growth in profitability. The dividend payout varied over the years, with no payout in 2024 after a 50% payout in 2023. The company’s tax rate stood at 27% in 2024, showing a consistent tax burden over recent years.
FAQs
What is Kennametal India current market capitalization?
Kennametal India is currently valued at approximately ₹5,244 crore in the market.
As of February 17th, 2025, Kennametal India shares are trading at ₹2425.
Kennametal India aims for its share price to range from ₹1,952.09 to ₹2,980.96 throughout 2025, reflecting optimistic growth expectations.
Looking ahead, Kennametal India anticipates its share price to potentially reach between ₹5,912.75 and ₹7,686.58 by December 2030, underlining its long-term growth strategy.
What is Kennametal India price-to-earnings (P/E) ratio?
Currently, Kennametal India stock is trading at a P/E ratio of 49.3, reflecting its valuation relative to earnings.
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Conclusion
In conclusion, Kennametal India has demonstrated strong financial growth and stability, with consistent increases in sales, profitability, and earnings per share. Its efficient management of expenses, coupled with strong operating profits and solid margins, highlights the company’s financial resilience. With a positive outlook for future growth, including a healthy share price projection for 2025 to 2030, Kennametal India is well-positioned for long-term success, making it an attractive investment in the industrial sector.
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