KALYANI FORGE LIMITED·Capital Goods Companies·Industrial Products Companies

2026-08-21 NSE BSE Web 20% Result 11 Aug

Price

691.5

+0.06%
O:695
H:714.05
L:672
C:691.5

52W Range

523.6849.65
+32%/-19%

Market Cap

₹251.57 Cr

Traded: ₹0.23 Cr (0.09%) 0.0x

Free Float: ₹94.51 Cr (0.24% of FF traded)

Volume · 60D trend

3.33 K 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:+15% 3M:+13% 6M:+12% 12M:+5%

Valuation

P/E20.3
P/B2.6
P/S1.1
EV/EBIT89845610.9

Business Strength

ROE10.1%
ROCE12.2%
OPM11.9%
NPM3.8%

Growth (3Y CAGR)

EPS+12.2%
Sales-4.0%
Profit+244.0%
3Y Return+35.0%

Balance Sheet

Debt/Equity1.1
Debt106 Cr
Pledge0.0%
CWIP/Fixed Asset11.1%

Cash Position

CFO/NP77.8%
FCF-25.7 Cr
FCF 3Y Avg-44 Cr
Cash/MCap1.0%

Others

Div Yield0.7%
Div Payout16.0%
Cash Conv. Cycle185 days
Tradeable Free Float37.6%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
ROE
+3.0%
+6.0%
+9.0%
--
--
Accelerating
Return
+9.0%
+23.0%
+35.0%
-16.0%
--
Stable
Profit
+24.0%
+55.0%
+244.0%
--
+11.0%
Stable
Sales
+0.0%
+5.0%
-4.0%
--
-1.0%
Stable

Quarterly Results

Jun 2026

11 Aug
Rev
67 Cr
----
OPM15.9%
NPM--
PAT
--4 Cr
EPS
--12.3

Mar 2026

PDF
Rev
57 Cr
-3% YoY-2% QoQ
OPM11.8%
NPM10.3%
PAT
+164% YoY6 Cr
EPS
+164% YoY16.2

Dec 2025

PDF
Rev
58 Cr
-1% YoY+4% QoQ
OPM15.1%
NPM-0.2%
PAT
-107% YoY-0 Cr
EPS
-107% YoY-0.3

Sep 2025

PDF
Rev
56 Cr
-11% YoY-13% QoQ
OPM11.8%
NPM3.9%
PAT
-45% YoY2 Cr
EPS
-45% YoY5.9

Jun 2025

PDF
Rev
64 Cr
+13% YoY+9% QoQ
OPM9.3%
NPM2.2%
PAT
+303% YoY1 Cr
EPS
+304% YoY3.9

Mar 2025

PDF
Rev
59 Cr
+4% YoY+1% QoQ
OPM10.8%
NPM3.8%
PAT
+214% YoY2 Cr
EPS
+214% YoY6.1

Dec 2024

PDF
Rev
59 Cr
-2% YoY-6% QoQ
OPM10.4%
NPM3.1%
PAT
+21% YoY2 Cr
EPS
+20% YoY5.0

Sep 2024

PDF
Rev
62 Cr
+2% YoY+10% QoQ
OPM12.5%
NPM6.3%
PAT
+202% YoY4 Cr
EPS
+202% YoY10.8

Jun 2024

PDF
Rev
57 Cr
-4% YoY-0% QoQ
OPM6.7%
NPM0.6%
PAT
-66% YoY0 Cr
EPS
-66% YoY1.0

Mar 2024

PDF
Rev
57 Cr
-11% YoY-5% QoQ
OPM2.1%
NPM1.3%
PAT
+123% YoY1 Cr
EPS
+123% YoY1.9

Dec 2023

PDF
Rev
60 Cr
-15% YoY-2% QoQ
OPM4.8%
NPM2.5%
PAT
-45% YoY2 Cr
EPS
--4.2

Sep 2023

PDF
Rev
61 Cr
-17% YoY+3% QoQ
OPM7.7%
NPM2.1%
PAT
+983% YoY1 Cr
EPS
--3.6

Jun 2023

PDF
Rev
59 Cr
+1% YoY-7% QoQ
OPM8.6%
NPM1.7%
PAT
-10% YoY1 Cr
EPS
--2.8

Mar 2023

PDF
Rev
64 Cr
-4% YoY--
OPM0.8%
NPM-4.8%
PAT
-499% YoY-3 Cr
EPS
---8.3

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity1.10
Interest Coverage0.8x
Promoter Pledge0.0%
Borrowings106 Cr

Efficiency

Receivable Days160 days
Inventory Days129 days
Payable Days104 days
Cash Conversion cycle185 days

Cash Position

Operating Cash Flow7 Cr
Investing Cash Flow-33 Cr
Financing Cash Flow25 Cr
Free Cash Flow-26 Cr

Detailed Financials

Jun 2026PDF ↗
Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024PDF ↗
Jun 2024PDF ↗
Mar 2024PDF ↗
Dec 2023PDF ↗
Sep 2023PDF ↗
Jun 2023PDF ↗
Mar 2023PDF ↗
Sales6757585664595962575760615964
Expenses5650494958535355535657565463
Operating Profit117976668413551
OPM %15.9%11.8%15.1%11.8%9.3%10.8%10.4%12.5%6.7%2.1%4.8%7.7%8.6%0.8%
Other Income02010011112102
Interest20322222112111
Depreciation332222222-01333
Profit Before Tax6642233511222-1
Tax %27.1%4.1%103.0%5.3%30.5%15.9%34.8%18.3%74.6%40.7%7.9%18.1%39.0%181.5%
Net Profit46-02122401211-3
Exceptional Items----------------------------
EPS (Rs)12.316.2-0.35.93.96.15.010.81.01.94.23.62.8-8.3
Sales Growth (YoY)---3.3%-1.3%-10.7%13.0%3.8%-1.8%2.3%-4.4%-10.6%-14.8%-17.2%1.2%-4.3%
Sales Growth (QoQ)---1.5%3.9%-13.2%8.8%0.6%-6.0%9.8%-0.1%-4.8%-2.0%2.6%-6.7%--
OP Growth (YoY)78.3%5.8%44.1%-15.7%56.2%443.6%110.4%65.7%-25.4%134.0%--------
OP Growth (QoQ)57.7%-23.2%33.7%10.1%-6.4%4.6%-21.8%103.9%225.6%-59.5%-38.4%-8.2%922.0%--
Profit Growth (YoY)--164.0%-107.0%-45.0%303.0%214.0%21.0%202.0%-66.0%123.0%-45.0%983.0%-10.0%-499.0%
EPS Growth (YoY)--163.6%-106.6%-45.2%304.2%214.4%20.5%202.0%-66.1%123.4%--------
EPS Growth (QoQ)--4997.0%-105.6%52.3%-36.7%22.6%-53.6%1022.9%-50.8%-53.0%16.3%26.1%134.0%--
OP Margin--11.8%15.1%11.8%9.3%10.8%10.4%12.5%6.7%2.1%4.8%7.7%8.6%0.8%
Net Margin--10.3%-0.2%3.9%2.2%3.8%3.1%6.3%0.6%1.3%2.5%2.1%1.7%-4.8%
Material Cost %--41.1%43.8%39.5%45.7%44.2%47.9%46.3%51.7%50.3%43.1%49.1%49.7%60.1%
Employee Cost %--18.7%20.9%21.8%18.2%18.5%16.9%16.0%15.8%15.9%16.5%16.3%16.1%13.4%
P/S1.060.97------------------------
P/E20.3124.46------------------------
P/B2.622.37------------------------

Shareholding Pattern

Shareholders:7.3K (+46.6%)
Current MixMar 2026

Exchange Filings

50
Corp. Action13 Aug 2026

Intimation of Record Date for the purpose of Dividend

Company Update13 Aug 2026

Kalyani Forge Limited has informed the Stock Exchange about Newspaper Publication of the financial results for the quarter ended 30th June, 2026.

Company Update12 Aug 2026

Please find enclosed Kalyani Forge Limited Website Link to access Audio/Video Recording of the Investors Meet held on 12th August, 2026

Company Update12 Aug 2026

Kalyani Forge Limited Press Release titled "Kalyani Forge Reports Q1 FY27 Results: PAT Surges Over 200% YoY; EBITDA Margin 16.2%, ROCE Crosses 20% Target for the First Time".

Company Update12 Aug 2026

Investor Presentation of Kalyani Forge Limited for the Investors Meet to be held on 12th August 2026

Board Meeting11 Aug 2026

Kalyani Forge Limited has informed the Exchange about the quarterly financial results for the quarter ended 30th June, 2026

Company Update08 Aug 2026

Kalyani Forge Limited has informed the Exchange about schedule of Investors Meet

Board Meeting06 Aug 2026

Kalyani Forge Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/08/2026 ,inter alia, to consider and approve Kalyani Forge Limited has intimated ....

Company Update14 Jul 2026

Kalyani Forge Limited has informed the Stock Exchange regarding appointment of Mr. Sainath Bhanage as Cheif Financial Officer of the company with effect from July 14, 2026

Others14 Jul 2026

Kalyani Forge Limited has informed the stock exchange regarding the outcome of the board meeting held on July 14th, 2026.

Insider Trading / SAST25 Jun 2026

Kalyani Forge Limited has informed the Exchange about the closure of Trading Window pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 for the quarter ended June 30, 2026.

Company Update11 Jun 2026

Kalyani Forge Limited has informed the Exchange about the resignation of Mr. Jagdish Baheti as Chief Financial Officer of the Company.

Company Update09 Jun 2026

Kalyani Forge Limited has informed the Exchange about the Transcript.

Company Update09 Jun 2026

Kalyani Forge Limited has intimated the Exchange about the Annual Secretarial Compliance Report.

Company Update27 May 2026

Kalyani Forge Limited has informed the Exchange about the Newspaper Publication

Company Update27 May 2026

Kalyani Forge Limited has intimated the Stock Exchange about the Video and Audio Recordings of the Analyst/Investor call conducted on May 26, 2026.

Company Update26 May 2026

Revised outcome of the Board Meeting held on 25th May 2026. Audit Report is enclosed to the revised outcome.

Company Update26 May 2026

Kalyani Forge Limited has informed the exchange about the investor presentation.

Company Update25 May 2026

Kalyani Forge Limited has informd the exchange regarding a Press Release dated May 25, 2026 titled "Kalyani Forge delivers Highest PAT in 14 years; sustains 15%+ EBITDA Margin Momentum."

Board Meeting25 May 2026

Kalyani Forge has informed the Exchange regarding Outcome of the Board Meeting held on May 25, 2026.

Company Update22 May 2026

Kalyani Forge Limited has informed the Exchange about Schedule of Analyst / Investor Meet.

Board Meeting20 May 2026

Kalyani Forge Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/05/2026 ,inter alia, to consider and approve 1.) Audited Financial Results ....

Others18 May 2026

Kalyani Forge has informed the Exchange regarding Outcome of the Board Meeting held on May 18, 2026.

Company Update18 May 2026

Kalyani Forge has informed the Stock Exchange regarding the appointment of Mr. Anup Dilip Sancheti as Company Secretary and Compliance Officer.

Insider Trading / SAST16 May 2026

Kalyani Forge Limited has informed about the Closure of the trading window with effect from April 1, 2026 till 48 hours after the declaration of the audited financial results of the company ....

Company Update16 May 2026

Kalyani Forge Limited has informed the Stock Exchange anout Certificate under SEBI (Depositories and Participants) Regulations, 2018.

AGM/EGM06 Mar 2026

Kalyani Forge has submitted the Exchange the copy of a Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Company Update21 Feb 2026

Kalyani Forge Limited has informed the Exchange regarding Resignation of Ms Aishwarya Parwal as Company Secretary & Compliance Officer of the company w.e.f. February 21, 2026.

Company Update17 Feb 2026

Kalyani Forge Limited has informed the Exchange about the Transcript

Company Update12 Feb 2026

Kalyani Forge Limited has intimated the Esteemed Stock Exchange about the Video Recording of the Analyst/Investor call conducted on February 12, 2026.

Company Update12 Feb 2026

Kalyani Forge Limited has informed the Exchange about the Investor Presentation for Quarter ended on December 31, 2025

Company Update11 Feb 2026

Kalyani Forge Limited has informed the Exchange regarding the Press Release dated February 11, 2026 titled "Kalyani Forge Limited Reports Q3 FY26 Results; Achieve All-Time High EBITDA Margin of 15.7%"

Company Update11 Feb 2026

Kalyani Forge Limited has informed the Exchange about the appointment of Mr. Jagdish Baheti as Chief Financial Officer and Key Managerial Personnel of the Company

Result11 Feb 2026

Unaudited Financial results for the quarter ended on December 31, 2025

Board Meeting11 Feb 2026

Kalyani Forge Limited has submitted to the Exchange, the financial results for the period ended on December 31, 2025.

Company Update06 Feb 2026

Kalyani Forge Limited has informed the Exchange about Schedule of meet.

Board Meeting05 Feb 2026

Kalyani Forge Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/02/2026 ,inter alia, to consider and approve the Unaudited Financial results ....

Company Update04 Feb 2026

Kalyani Forge Limited has informed the Exchange about the copy of Newspaper Publication.

AGM/EGM03 Feb 2026

Kalyani Forge Limited has informed the Exchange regarding Notice of Postal Ballot

Company Update05 Jan 2026

Kalyani Forge Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

Insider Trading / SAST29 Dec 2025

Kalyani Forge Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 for the quarter ended December 31, 2025

Company Update20 Nov 2025

Kalyani Forge Limited has informed the exchange the Exchange about Transcript.

Company Update19 Nov 2025

Kalyani Forge Limited has informed the Exchange regarding the Resignation of Mr. Nilesh Bandale as Chief Financial Officer of the Company w.e.f. November 19, 2025

Company Update15 Nov 2025

Kalyani Forge Limited has intimated the Esteemed Stock Exchange about the Video Recording of the Analyst/Investor call conducted on November 13, 2025.

Company Update12 Nov 2025

Intimation of Appointment of Mr. V Swaminathan (DIN: 00638389) as an Additional Director (Category: Independent Director) subject to approval of shareholders for a period of 5 years

Result12 Nov 2025

Unaudited Financial results for the quarter ended on September 30, 2025

Board Meeting12 Nov 2025

Kalyani Forge Limited has informed the Exchange regarding Board meeting held on November 12, 2025.

Company Update10 Nov 2025

Kalyani Forge Limited has informed the Exchange about Schedule of meet

Board Meeting06 Nov 2025

Kalyani Forge Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/11/2025 ,inter alia, to consider and approve Kalyani Forge Ltd has informed ....

Company Update07 Oct 2025

Kalyani Forge Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018.

Annual Reports

15

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011

Credit Ratings

6
crisilRating update
06 Mar 2025Report
crisilRating update
24 Jun 2024Report
crisilRating update
04 Jun 2024Report
crisilRating update
27 Mar 2023Report
crisilRating update
crisilRating update

Concalls

6

Feb 2026

28 Feb 2026

Nov 2025

30 Nov 2025

Aug 2025

31 Aug 2025

Jun 2025

30 Jun 2025

Feb 2025

28 Feb 2025

Nov 2024

30 Nov 2024