Close 2026-08-21 1267 scanned A

IMFA

Indian Metals & Ferro Alloys Limited
Metals & MiningMid capRs 7,467 crRs 20.0 cr traded a day
Close on 2026-08-21
1,383.80
−2.68%
52-week range64% of the way up
898.151,653.90
Market cap
7,467 cr
P/E (TTM)
14.2×
industry 18×
EPS (TTM)
97.25
Revenue YoY
+49.7%
Q1 FY27
Profit YoY
+108.1%
Net margin
20.1%
+5.6pt vs a year ago
Growth trend
+15.1pt
vs last quarter’s YoY
1 month
+3.6%
Below 52w high
19.5%
RSI (14)
35
Daily swing
4.2%
average true range
Volume
0.6×
vs 20-day average
Traded
Rs 20 cr
median day
Close200-day averageMaterial filing
1,0001,2501,500Aug 25Oct 25Dec 25Feb 26Apr 26Jun 26Aug 26
260 sessions · hover for the filing behind a move
1 week
−1.47%
1 month
+3.55%
3 months
−6.21%
6 months
+8.54%
1 year
+55.88%

The read

written from the numbers on this page
The evidence leans constructive6 supporting, 1 against, 1 worth knowing

Supporting

  • trading 2% above its 200-day average
  • up 56% over twelve months
  • 4 independent kinds of evidence agree today, which is uncommon
  • revenue grew 50% year on year in the quarter ending 2026-06-30
  • net margin has widened from 13.6% to 20.1% across four quarters
  • priced at 14× earnings against an industry median of 18× — 20% below its peers

Against

  • 1 of the scans it matches has historically underperformed the market

Worth knowing

  • the 50-day and 200-day averages disagree, which usually means a turn in progress rather than a trend to lean on
What would change this read: a close below 1,361, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.

What is working, what is not

read from the filings, with the figure behind every line
Working3

Net profit +108.1% year on year, Rs 93 cr to Rs 193 cr.

+108.1%Rs 93 crRs 193 cr

Revenue +49.7% year on year, Rs 642 cr to Rs 960 cr.

+49.7%Rs 642 crRs 960 cr

Profit grew faster than revenue, +108.1% against +49.7%.

+108.1%+49.7%
Needs watching1

Ferro Alloys is 76% of revenue, so the business rests on one segment.

Ferro Alloys76%
Every figure here is computed from the company’s own filings. The wording is generated directly from the figures.

How it has performed

price return over each window, measured against zero
-1.5%1W+3.6%1M-6.2%3M+8.5%6M+55.9%1Y

What the scans say today

10 of 47 matched on 2026-08-21
IMFA matches 10 of the 47 scans today, across 4 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.

What this company does

segments and revenue mix, as the company reports them
IMFA reports 4 business segments. The largest is Ferro Alloys at 76% of revenue in the quarter ending 2026-06-30. On these numbers this is effectively a single-segment business, so the group result and that segment’s result move together.
SegmentRevenueSharevs a year ago
Ferro Alloys960 cr75.9%
Mining174 cr13.8%
Power130 cr10.3%
Others0 cr0.0%
Segment names are the company’s own, taken verbatim from the reportable-segment disclosure in its quarterly XBRL filing. Nothing on this page describes the business in words we wrote.

Valuation against its own history

500 sessions since 2024-09-06
median 14×
23×
now 14×
IMFA trades at 14× trailing earnings, close to its median of 14× over this window. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.

Recent filings

from the exchange, newest first
08-12
11:39
Other filing
1d-0.35d-3.320d
08-11
17:44
Other filing
1d-0.35d-3.320d
08-11
11:52
AGM / EGM
1d+1.75d-3.120d
08-07
20:07
Other filing
1d-0.85d-3.820d
08-05
18:36
AGM / EGM
1d+1.45d-0.620d
08-05
16:53
Other filing
1d+1.45d-0.620d
Other filing filings were typically -0.08pt vs the market over the next 5 sessions (n=12,093) · AGM / EGM filings were typically +0.00pt vs the market over the next 5 sessions (n=4,362)

The business

from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
69264356764271970376396018.1%8.4%20.1%Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.

Going for it

  • revenue grew 50% against the same quarter a year earlier
  • profit rose 108% year on year
  • net margin widened from 13.5% to 20.1%
  • revenue rose in 3 of the last 4 quarters

Going against it

  • nothing clear in the filed numbers
Quarter-by-quarter numbers, as filed
QuarterRevenueProfit before taxNet profitEPSNet margin
Q1 FY27
2026-06-30 · consolidated
96025819335.6520.1%
Q4 FY26
2026-03-31 · consolidated
76313610319.1313.5%
Q3 FY26
2025-12-31 · consolidated
70316113124.3318.7%
Q2 FY26
2025-09-30 · consolidated
7191319818.0713.6%
Q1 FY26
2025-06-30 · consolidated
6421269317.1014.4%
Q4 FY25
2025-03-31 · consolidated
56764478.778.4%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.

Where the price stands

the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average-1.0%
Versus 200-day average+1.7%
Below 52-week high-16.3%
Above 52-week low+54.1%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)34.8
Higher closes in last 52 of 5
Six-month return+8.54%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)4.16%
Volume versus 20-day0.6x
Median daily turnoverRs 20.0 cr

Peers

Metals & Mining · 22 classified companies
IMFA trades at 14.2× trailing earnings against an industry median of 17.8× across 21 other classified companies in its industry — cheaper than them, by 20%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
CompanyMarket cap (Rs cr)P/E1 month1 yearTurnover (Rs cr)
ADANIENT390,09051.9−0.43%+31.78%273.5
JSWSTEEL315,66311.3+3.76%+23.92%191.8
HINDZINC251,34514.7+12.00%+34.93%267.0
HINDALCO229,54814.0+8.20%+43.42%506.9
TATASTEEL228,28227.3−0.67%+15.54%394.8
JINDALSTEL114,78742.4+8.24%+15.65%92.4
LLOYDSME105,01321.3−3.35%+41.57%106.4
NMDC74,38710.0+2.38%+16.22%156.9
NATIONALUM72,44610.7+14.00%+96.70%252.2
SAIL71,64816.8+7.80%+40.92%254.8
JSL57,79817.8−4.69%−7.87%24.5
IMFA7,46714.2+3.55%+55.88%20.0
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet