KIOCL Share Price

KIOCL Limited engages in iron ore mining, beneficiation, and the production of pellets in India and internationally. The company operates through two segments, Pellet and Pig Iron. It produces and sells iron ore pellets, pig iron, and iron ore fines. The company also provides operation and maintenance services, as well as mineral exploration services. The share price on the NSE and BSE is a reflection of how market participants respond to a company’s performance and broader business developments within its industry. It captures the sentiment of the investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the share price͏ reveal how the market evaluates the company’s current position and its future prospects, making ͏it a key indicator of market perception across various industries. 

KIOCL stock price is influenced by various factors such as earnings from pellet exports, fluctuations in global iron ore prices, domestic steel production cycles, and input costs like energy. In the longer run, corporate strategies focusing on expansion, diversification, and cost competitiveness affect market sentiments. All these factors must be closely monitored to have an idea about the KIOCL stock price movements.  

KIOCL live share price provides real-time information about the last price traded, bid price, ask price, and volume traded. These indicators represent trading activity and liquidity and the reaction of investors to corporate announcements, quarterly results, and sector news. Constant ͏monitoring of KIOCL live price helps observe short-term price fluctuations and understand how the stock is moving in relation to the broader market. 

Furthermore, monitoring the KIOCL share͏ price today helps investors understand real-time market sentiment, price volatility, and trading behaviour. It allows market participants to evaluate short-term performance, identify possible entry or exit points, and respond to news, quarterly results or sector trends that may affect the company’s valuation and overall investment outlook. 

KIOCL Limited Company Fundamentals 

KIOCL Limited Company Background 

KIOCL Limited, formerly known as Kudremukh Iron Ore Company Limited, is a flagship public sector undertaking under the Ministry of Steel, Government of India. Established on 2 April 1976, the company was formed to undertake mining and beneficiation of low-grade iron ore at Kudremukh in Karnataka. With over four decades of experience, KIOCL has emerged as a pioneer in iron ore mining, beneficiation, and iron-oxide pelletisation in the country. The company operates a 3.5 MTPA iron-oxide pellet plant and a blast furnace unit at Mangaluru, Karnataka, with a pig iron production capacity of 2.16 lakh tonnes per annum. KIOCL is a 100% Export Oriented Unit, a profit-making enterprise, and a consistent dividend-paying company with a positive net worth. It holds the Mini Ratna Category I status and is certified under ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 standards, with its corporate office located in Bengaluru. The pellet plant produces both BF and DR grade pellets with superior chemical and physical properties. The company has adopted several initiatives, including in-house R&D for magnetite and hematite ores, global sourcing, coastal transportation, and indigenisation. Under the ‘Make in India’ initiative, KIOCL also operates as a tolling plant. It has diversified into mineral exploration, engineering services, green energy, and is expanding into new verticals such as ductile iron pipe manufacturing, joint ventures, and captive mining development. 

KIOCL Limited Company Product Lines 

Core Products 

• Iron Ore Pellets – High grade BF (Blast Furnace) and DR (Direct Reduction) pellets for steelmaking.  
• Pig Iron – Premium pig iron from blast furnace operations (unit currently under suspension historically).  

Other Products & Materials 

• High-grade Iron Ore Concentrate (through beneficiation).  
• Sponge Iron & Ferro Alloys offered historically/marketed categories.  

Services / Solution Lines 

• Operation & Maintenance (O&M) Services for mineral processing plants.  
• Mineral Exploration Services – Contractual exploration for iron, manganese, limestone, nickel, chromium, copper, gold, etc.  
• Engineering & Project Consultancy related to mining and beneficiation.  

Marketing & Tenders (Official Website Sections) 

• Tenders & Contracts Portal – e-Procurement, GeM tenders, Tender archives.  
• Vendor/Contractor Empanelment – Registration for supplies (e.g., iron ore, plant spares).  

KIOCL Limited Company Revenue Model 

KIOCL’s revenue streams come from multiple operational and service activities:  

Primary Revenue Sources 

• Sale of Iron Ore Pellets – Domestic and export sales (pellets are major revenue driver).  
• Pig Iron Sales – When economically viable (pig iron unit operations historically affected by market conditions).  

Secondary Income Streams 

• Mineral Exploration Contracts – Exploration work for Government/industry bodies.  
• O&M Contracts – Fees from operation & maintenance projects for mineral plants.  
• Service & Consultancy Fees – Engineering, project planning, and related technical services.  

Strategic Projects with future revenue potential 

• Devadari Iron Ore Mine Development – Backward integration for captive feedstock (expected new long-term revenue). 

KIOCL Limited Geographic Presence 

Headquarters & Main Units 

• Corporate Office: Bengaluru, Karnataka, India.  
• Pellet & Blast Furnace Complex: Mangaluru (Mangalore), Karnataka, India.  

Operational Footprint 

• Export Markets: Pellets exported to global steel producing regions, including Asia and beyond.  
• Mineral Exploration Sites: Across multiple Indian states (e.g., Karnataka, Tamil Nadu) under Notified Exploration Agency assignments.  

Project & Future Sites 

• Devadari Iron Ore Mine (Ballari district, Karnataka) – Under development for captive supply.  

Tenders & Supplier Engagement 

• Nationwide outreach for vendor empanelment in areas such as mineral supply, plant equipment, and exploration services. 

KIOCL Limited Leadership and Brand Recognition 

Some of the key leaders of KIOCL Limited as of January 2026 are 

• Sri Ganti Venkat Kiran – Chairman-cum-Managing Director; Director (Production & Projects) – Additional Charge; Director (Finance) – Additional Charge 
• Sri Binay Krushna Mahapatra – Director (Commercial); Government Nominee Director 
• Shri Gopalkrishnan Ganesan – Director, Ministry of Steel; Independent Director 
• Shri Changdev Sukhadev Kamble – Independent Director 

KIOCL Key Milestones 

• 1976 – Incorporated as Kudremukh Iron Ore Company Limited (KIOCL) as a 100% Export Oriented Unit under Government of India 
• 1980 – Commissioning of mine and beneficiation plant facilities 
• 1981 – First shipment of iron ore concentrate exported (October) 
• 1987 – Commissioning of 3.0 MTPA pelletisation plant for BF and DR grade pellets 
• 2001–02 – Commencement of pig iron production at Blast Furnace Unit, Mangaluru 
• 2013 – MoU signed with APMDC and RINL for exploration of Nemakal iron ore deposit, Andhra Pradesh 
• 2015 – Notified as Mineral Exploration Entity by Ministry of Mines, Government of India 
• 2015–16 – Listed on Metropolitan Stock Exchange of India (MSEI) 
• 2016 – Equity shares listed on National Stock Exchange (NSE) under stock code “KIOCL” (29 November) 
• 2016–17 – Allocation and approval of NMET mineral exploration blocks in Tamil Nadu and Karnataka 
• 2018 – Board approval of Techno-Economic Feasibility Reports for forward and backward integration projects at Mangaluru 
• 2018 – MoU signed with MECON for EPC, turnkey, and plant revamp projects 
• 2018 – Approval for Non-Recovery Coke Oven Plant, Ductile Iron Spun Pipe project, and Captive Solar Power Plant 
• 2019–20 – Commissioning of O&M services for NMDC beneficiation and pellet plants at Donimalai, Karnataka 
• 2019 – Board approval for disinvestment of 15% equity through Follow-on Public Offer (FPO) 
• 2020–21 – MoUs signed with RINL and SAIL for joint venture pellet plant projects 
• 2021–22 – NABL accreditation obtained for Mineral Exploration Laboratory at Mangaluru 
• 2021–22 – Commissioning of 5 MW captive solar power plant in Karnataka 
• 2022–23 – Entry into mineral exploration services for private sector clients 
• 2024 – Government of India approval for Devadari Iron Ore Mining Project (Phase I) with capital outlay of ₹882.46 crore 
• 2024 – Establishment of advanced ICPOES and Microwave Digestion systems at Mineral Exploration Laboratory 
• 2025 – Commissioning of Vertical Pressure Filter system at Pellet Plant Unit 
• 2025 – Completion of coke shed and slurry recovery infrastructure 
• 2025 – Strengthening of digital infrastructure including network, servers, and data systems 

Industry Perspective 

KIOCL Limited operates in the iron ore mining and pelletisation industry, which is a vital segment of the global steel raw materials sector. This industry involves the extraction, beneficiation, and processing of iron ore into iron-oxide pellets and pig iron, which are essential feedstock for steel production. Iron ore pellets are preferred over lump ore due to their uniform size, higher iron content, and efficiency in steelmaking, supporting both domestic and global steel demand. 

Globally, the iron ore pellets market was valued at around USD 46.9 billion in 2023 and is projected to reach approximately USD 71 billion by 2030, growing at a CAGR of about 6%. Growth is driven by increased investment in infrastructure, construction, automotive, and energy sectors, particularly in emerging economies. In India, rising urbanisation, industrialisation, and government-led infrastructure projects are expected to boost domestic steel demand, which in turn will support demand for pellets at a CAGR of 6–7% over the next decade. 

The industry is also witnessing a shift toward high-grade pellets and more environmentally friendly steelmaking practices, reflecting global sustainability trends and stricter regulatory standards. 

KIOCL Limited Stock Market Presence: Listings & Index Representation 

KIOCL Limited is listed on the BSE (Bombay Stock Exchange) and the NSE (National Stock Exchange). The company trades under the NSE symbol KIOCL and the BSE scrip code 533269. 

KIOCL Limited is an established entity in the Indian stock market, listed on these major exchanges. Its inclusion in prominent indices like the S&P BSE CPSE, S&P BSE SmallCap, S&P BSE 250 SmallCap Index, S&P BSE MidSmallCap, S&P BSE Basic Materials, S&P BSE AllCap, and BSE 1000 underscores the company’s significance within India’s public sector and basic materials sector. 

The KIOCL stock price is tracked by investors interested in the commodity and PSU space. Its inclusion in these indices reflects the company’s market capitalisation, its status as a ‘Mini Ratna’ Category-I PSU, and its role in the iron ore pelletization industry. Listing on NSE and BSE ensures liquidity, while its index presence connects it to thematic investment flows related to public sector enterprises and small-cap stocks. 

KIOCL Limited Stock Performance and Share Price History 

The KIOCL share price on NSE and BSE reflects its position as a key player in iron ore beneficiation and pelletization. Performance is driven by pellet sales volumes, export realizations, global iron ore prices, and operational costs. Investors often compare the KIOCL share price today with broader indices like the Nifty 50 and peers in the metals and mining sector to gauge relative performance. 

The underlying operational and commodity price factors are often visible through real market movements across different periods. Similar trends are observed during earnings-driven movements. Broader sector strength or weakness in global steel demand has also played a significant role in supporting or pressuring the KIOCL share price. In addition to operational and sector-led factors, market sentiment towards public sector undertakings (PSUs) can also have a significant impact on KIOCL share price movements short-term, even when a company’s fundamentals remain steady. This shows how broader thematic trends can trigger short-term swings within a capital-intensive industry influenced by global trade cycles and raw material prices. 

While short-term movements reflect events and announcements, longer-term valuation trends are visible through the KIOCL share price 52-week high and low, providing context beyond daily or weekly changes. The 52-week high of ₹627.60, reached in October 2025, indicated a period of strong investor optimism, potentially linked to favorable commodity cycles or corporate developments. The distance from this high provides context for the stock’s recent performance. These levels capture the impacts of global economic expectations, domestic policy, and earnings visibility for the KIOCL stock price. 

KIOCL’s stock performance reflects the trading behaviour of a commodity-linked PSU operating within global market cycles. The company’s export-oriented pellet business, its integrated facilities, and its established market position have shaped its KIOCL share price history. Over the long term, the stock has experienced periods of explosive growth and phases of deep consolidation, largely mirroring commodity super-cycles. 

The KIOCL share price history shows transformative growth over the past decade. A foundational surge occurred in 2017, with the KIOCL stock price delivering a remarkable 3,184.47% return for the year, catapulting from a low base. This period reset the market’s valuation of the company. However, this was followed by steep corrections, with the KIOCL share price decreasing by 57.32% in 2018 and 29.26% in 2019, as momentum reversed and profits normalized from the 2017 peak. The KIOCL stock price then entered a strong recovery phase, rising 19.61% in 2020 and an impressive 87.29% in 2021, supported by a global commodity boom and recovering earnings. Recent years have shown mixed performance, with a 64.10% gain in 2023 giving way to more modest single-digit movements in 2024 and 2025, indicating a phase of consolidation after the previous volatility. 

KIOCL’s stock performance over time has followed global commodity and domestic economic cycles. For instance, the KIOCL share price reached its all-time high above ₹627 in October 2025. Over longer investment horizons, the KIOCL stock price has delivered substantial returns, including a gain of 159.76% over five years and an impressive 2,842.86% over ten years, highlighting the long-term wealth creation potential, albeit with high volatility. These returns are aligned with the company’s operational scale and India’s industrial growth, though they come with significant cyclicality. 

The KIOCL stock price has also demonstrated sensitivity to its own financial performance. Annual returns have frequently swung from deep negative to strongly positive territory. For example, the significant decrease of 57.32% in 2018 followed the extraordinary gain of the previous year, representing a market correction and profit-taking. Similarly, the 10.89% decline in 2022 coincided with a 83.75% drop in annual earnings, showing how the KIOCL share price reacts to profitability challenges. The company’s export-focused model means the KIOCL share price is also vulnerable to global trade dynamics and currency fluctuations, which can drive short- to medium-term volatility independent of domestic markets. 

KIOCL Limited Investor Relevance and Portfolio Role 

KIOCL can serve as a thematic holding in portfolios seeking exposure to the domestic mining and mineral beneficiation sector, as well as the public sector undertaking (PSU) space. Its inclusion in indices like the S&P BSE CPSE and S&P BSE Basic Materials underscores its thematic importance. Its profile as a profit-making, dividend-paying ‘Mini Ratna’ PSU with a long operating history can make it a candidate for specific sectoral allocations within a diversified portfolio. 

KIOCL equity is held predominantly by domestic institutions, reflecting its status as a government-owned enterprise. The top institutional stakeholder is the President of India, acting through the Government of India. Other prominent institutional holders include The New India Assurance Company Limited, The Oriental Insurance Company Limited, and entities related to the Baldota Group of Companies. Investor funds like the Investor Education and Protection Fund (IEPF) also hold shares. 

Prominent mutual fund holders include thematic and index funds that track the baskets KIOCL is part of. These include the Kotak Mahindra Mutual Fund – Kotak BSE PSU Index Fund, the ICICI Prudential BSE 500 ETF, and the HDFC Mutual Fund – HDFC BSE 500 Index Fund. This investor base underscores the company’s role as a constituent in passive and thematic investment strategies focused on PSUs and the broader market. 

Beyond fundamentals and ownership, KIOCL’s stock is characterized by a higher degree of volatility compared to the overall market, which is captured by its beta. Technical indicators such as RSI or MACD may provide additional insight into short-term momentum shifts in the KIOCL stock price for active traders, especially given its small-cap and commodity-linked nature. 

KIOCL’s beta has generally remained above 1.0, reflecting its nature as a small-cap, commodity-linked stock that tends to experience amplified swings compared to the broader market. Historical beta figures show KIOCL’s beta at 1.65 on a long-term basis. Shorter-term daily ranges can be significantly higher, such as 2.68 over a one-month period and 2.06 over a three-month period, indicating elevated recent volatility. Weekly beta over one and two years has been measured at 2.00 and 1.73 respectively. This data indicates that the KIOCL share price has historically been more volatile than the market, which is an important consideration for portfolio risk assessment. 

KIOCL Limited Sectoral Relevance and Peer Positioning 

KIOCL’s sector relevance stems from its specialized vertical as India’s leading manufacturer and exporter of iron-oxide pellets, its integrated mining and processing operations, and its status as a key PSU under the Ministry of Steel. This establishes it as a crucial player in the domestic steel value chain. Peer comparisons with other metal and mining companies like NMDC, MOIL, Vedanta Limited, Steel Authority of India Limited (SAIL), and Tata Steel often focus on product mix, captive resource access, export dependency, and operational cost efficiency rather than short-term stock moves. These benchmarks help investors assess the company’s niche, its vulnerability to input costs, and its strategic importance. Institutional tracking of global iron ore prices, domestic steel production, and government policies for the mining sector further highlights KIOCL’s positioning within India’s basic materials and industrial ecosystem. 

KIOCL’s sectoral importance is also reflected in financial and market metrics that demonstrate its scale, cyclical profitability, and market valuation through different commodity price environments. 

KIOCL market cap has seen significant shifts, mirroring its volatile stock performance and earnings cycles. It stood at a modest ₹7.33 billion at the end of 2016 before an extraordinary surge to ₹236.90 billion in 2017, a 3,131.56% increase. This was followed by a sharp contraction to ₹102.33 billion in 2018 (-56.8%) and ₹70.74 billion in 2019 (-30.87%). A recovery began in 2020, reaching ₹156.76 billion in 2021. After a dip in 2022, the market cap climbed to ₹223.95 billion in 2023 and ₹239.07 billion in 2025, before a recent correction to ₹206.57 billion in 2026. This history underscores the high sensitivity of the company’s valuation to market sentiment and earnings. 

KIOCL’s earnings (Pretax Income) have been highly cyclical. From a loss of ₹3.10 billion in 2015, it turned profitable, growing to ₹4.47 billion in 2021—a 135.27% yearly increase. However, profitability has come under pressure recently, with earnings declining to ₹0.72 billion in 2022 (-83.75%) and ₹0.32 billion in 2023 (-54.92%). The company reported losses in 2024 and the trailing twelve months (TTM) of 2025, at -₹1.72 billion and -₹1.28 billion, respectively. This volatility in earnings is a primary driver behind the movements in the KIOCL share price, as investors price in the company’s sensitivity to commodity margins and operational challenges. 

The trajectory of KIOCL’s Earnings Per Share (EPS) closely follows its profit cycles. EPS grew from ₹1.34 in 2016 to a peak of ₹2.69 in 2018, reflecting strong profitability during that period. The available data indicates a significant reversal in recent years, with the TTM EPS for 2025 reported at -₹2.27. This negative EPS directly impacts valuation multiples and illustrates the earnings challenges the company has faced, which are critical for investors analysing the fundamental basis for the KIOCL share price. 

Given its fluctuating profitability, KIOCL P/E ratio has varied widely and has often been rendered meaningless or negative during loss-making periods. At the end of 2016, the P/E ratio was 11.3. It skyrocketed to 346 in 2017 during the massive price rally and then normalized to 79.3 in 2018 as earnings caught up. The P/E ratio for recent loss-making years like 2024 and 2025 is negative (e.g., -138 for Jan 2026 TTM), which is a typical characteristic of companies experiencing temporary or cyclical losses, making traditional P/E analysis less applicable for the KIOCL stock price in such phases. 

Summary 

KIOCL Limited is a leading public sector enterprise in India’s mining and pelletization sector. The KIOCL share price is influenced by global iron ore dynamics, operational performance, and PSU-sector sentiment. Its stock history shows high long-term returns with significant volatility, reflecting its commodity-linked nature. The company holds a specific thematic role in portfolios, with ownership dominated by government institutions and thematic funds. Its financial metrics, including market cap, earnings, and P/E, have experienced wide fluctuations aligned with industry cycles