Indian Metals & Ferro Alloys share news, announcements and annual reports

NSE: IMFABSE: 533047Ferrous MetalsSmall Cap

Indian Metals & Ferro Alloys Limited · Face value ₹10 · Listed Jan 2009 on BSE, Jul 2010 on NSE

₹1,088.20₹4.00 (0.37%)BSE ₹1,089.15

Share price at the NSE close on 28 Oct 2026. Previous close ₹1,092.20.

28 Oct: open ₹1,081.50, high ₹1,114.70, low ₹1,075.10

52-week range of traded prices to 28 Oct 2026

₹1,051.10Low, 26 Oct 2026₹1,679.90High, 29 Apr 2026

Next results date: the board meets on 4 Nov 2026 to consider: financial results, dividend and other business matters. The notice · Results calendar

Market cap: ₹5,871 Cr660th largest listed
P/E: 11.19
P/B: 2.16
Dividend yield: 1.15%
ROE: 20.7%
ROCE: 18.4%
Debt to equity: 0.34
Volume, NSE: 59,69048.4% delivered

Indian Metals & Ferro Alloys credit ratings

16 filed, newest first.

Dec 2025
- 3 Dec · Rating
  Credit Rating
Sep 2024
- 4 Sep · Rating
  Credit Rating
Aug 2023
- 29 Aug · Rating
  Credit Rating
Mar 2023
- 10 Mar · Rating
  Credit Rating
Mar 2022
- 2 Mar · Rating
  This is to inform you that ICRA Limited (ICRA) vide its email dated 1st March, 2022 has upgraded the long-term rating to [ICRA]AA- (pronounced ICRA Double A Minus) from [ICRA]A+ (pronounced ICRA A Plus) and reaffirmed the short-term rating at [ICRA]A1+ (pronounced ICRA A One plus).The outlook on the long-term rating has been revised to "Stable" from "Positive".
Sep 2021
- 27 Sep · Rating
  Credit Rating
Mar 2021
- 17 Mar · Rating
  Credit Rating
Apr 2020
- 7 Apr · Rating
  Credit RatingThis is to inform you that ICRA Limited (ICRA) vide its letter dated 7th April, 2020 has revised the rating of the Company for the Long term and Short Term bank loan facilities as follows:-Long Term: [ICRA] A- (pronounced ICRA A minus) with negative Outlook (downgraded from [ICRA] A ((pronounced ICRA A) with stable Outlook )Short Term: [ICRA] A2+ (pronounced ICRA A two plus) (downgraded from [ICRA] A1 (pronounced ICRA A one) ) ICRA has maintained that it takes comfort from the Company s adequate liquidity position, with a modest unencumbered cash and liquid investment portfolio and sufficient headroom in working capital limits in the near term. Further it expects that the Company s cash flows, supported by its liquidity position, to remain adequate relative to its debt service obligations.However decline in the Ferro Chrome prices globally has significantly impacted the financial performance of the Company in 9M FY 2020 and a weak global macroeconomic outlook, following the outbreak of COVID-19, may adversely impact steel demand and consequently impact the Ferro chrome demand and its pricing, resulting in further downside risks.This may kindly be taken on record.
Mar 2020
- 30 Mar · Rating
  Credit Rating. This is to inform you that India Ratings & Research (Ind-Ra) has vide its letter dated 30th March 2020 has withdrawn its rating for the company pursuant to the credit facility to which it pertained being repaid in full.However, while doing so, it has downgraded the ratings from IND A /Stable/Ind A1 to IND A-/Stable/Ind A1 while stating as follows: Ind-Ra continues to expect IMFA s integrated nature of operations, leading market position, adequate liquidity and long term off-take agreements with customers to help it tide over the cyclical downturn. This may kindly be taken on record.
- 30 Mar · Rating
  Credit Rating
Sep 2019
- 26 Sep · Rating
  Credit Rating
May 2019
- 27 May · Rating
  Credit RatingWe are pleased to inform you that the Company has carried out the review of credit rating of its banking facilities from ICRA Limited. Accordingly, ICRA has assigned the rating for the above facilities as follows:Long Term: [ICRA]A (Pronounced ICRA A) with Stable OutlookShort Term: [ICRA]Al (Pronounced ICRA A one)It may please be noted that the earlier credit rating was done by ICRA Limited in the month of December 2018 and they had re-assigned A as the long term rating with Positive Outlook. Nowthey have reaffirmed the long term rating at [ICRA]A and the outlook has been revised from Positive to Stable. The short term rating has been reaffirmed at A1.
Dec 2018
- 21 Dec · Rating
  Credit Rating
Feb 2018
- 26 Feb · Rating
  Credit RatingWe are pleased to inform you that the Company has carried out the review of credit rating of its banking facilities from ICRA Limited. Accordingly, ICRA has assigned rating for the above facilities as follows:Long Term: [ICRA]A (Pronounced ICRA A) with Stable OutlookShort Term: [ICRA]A1 (Pronounced ICRA A one)It may please be noted that the earlier credit rating was done by ICRA Limited in the month of September 2017 and they had assigned A- as the long term rating with Positive Outlook. Now they have revised upwards the long term rating from [ICRA]A- to [ICRA]A. The outlook has been changed from Positive to Stable. The short term rating is reaffirmed at A1.This may kindly be taken on record.
Sep 2017
- 8 Sep · Rating
  Credit RatingWe are pleased to inform you that the Company has carried out the review of credit rating of its banking facilities from ICRA Limited. Accordingly, ICRA has assigned rating for the above facilities as follows:Long Term: [ICRA]A- (Pronounced ICRA A minus) with Positive Outlook Short Term: [ICRA]A1 (Pronounced ICRA A one)It may please be noted that the earlier credit rating was done by ICRA Limited in the month of October 2016 and they had assigned the same rating with Stable Outlook. Now they have revised the outlook from Stable to Positive for the aforesaid banking facilities.
Oct 2016
- 3 Oct · Rating
  Company has carried out credit rating of its banking facilities from ICRA Limited.

Indian Metals & Ferro Alloys credit ratings

Dec 2025

Sep 2024

Aug 2023

Mar 2023

Mar 2022

Sep 2021

Mar 2021

Apr 2020

Mar 2020

Sep 2019

May 2019

Dec 2018

Feb 2018

Sep 2017

Oct 2016