Solapur foundry ramp-up delays
Solapur foundry utilization is at 70% (4,200 MT/month vs target 5,000 MT) due to process stabilization issues with complex castings.
Kirloskar Ferrous Industries · risk themes across the available quarters.
Bear-case history
Solapur foundry utilization is at 70% (4,200 MT/month vs target 5,000 MT) due to process stabilization issues with complex castings.
Pig iron and steel prices have been volatile; recent increases may not fully offset cost pressures from coal and dollar strength.
The ₹500+ crore seamless tube expansion project has a 1.5-year timeline; any delays could impact growth targets.