Kalyani Forge Limited KALYANIFRG NSE
Kalyani Forge Limited, an engineering company, manufactures and sells forged, machined, and assembled products in India. The company offers engine components, including connecting rod, crank and cam shafts, retainer and cross head valves, injector clamp, rocker arm, balance weight, cam lobe, and others; driveline parts, such as tulips, inner and outer race, tripod, spider, yoke shaft, double yoke, and gear blanks; and axle products for chassis systems, including idler and control arms, FS arms, brackets, stub, steering knuckle, front and rear axle parts, wheel hub, and others. It also provides turbo charger parts; transmission forged and machined components; warm and cold forged parts, such as fluid flywheel and wet double clutch; and industrial cold and hot forged parts for use in power tools, conveyors, compressors, and others. In addition, the company offers hot, cold, and warm forging; precision machining and finishing; heat treatment; die manufacturing; testing and inspection; engineering; and logistic services. It serves various industries, such as automotive; construction, mining, and infrastructure; power generation; marine; railways; agricultural; general industrial goods; and electric mobility. The company also exports its products to Europe, Japan, and the United States. Kalyani Forge Limited was incorporated in 1979 and is based in Pune, India.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Profit CAGR of 38.5% over 5 years.
CONS
- Revenue declined at -1.4% CAGR over 5 years.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Consumer Cyclical).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | KALYANIFRG Kalyani Forge Limited NSE | 606.30 | 23.69 | ₹220.57 Cr | 0.66% | 16.67% | 10.06% | -1.38% | 38.46% |
| 2 | MARUTI Maruti Suzuki India Limited NIFTY50NSEAI | 13,127.00 | 28.09 | ₹4.13 L Cr | 1.07% | 17.22% | 14.43% | 16.60% | 21.11% |
| 3 | M&M Mahindra & Mahindra Limited NIFTY50NSEAI | 3,045.60 | 20.00 | ₹3.66 L Cr | 1.08% | 17.26% | 18.75% | 18.44% | 18.48% |
| 4 | TITAN Titan Company Limited NIFTY50NSE | 4,074.90 | 71.43 | ₹3.61 L Cr | 0.27% | 38.43% | 37.13% | 23.83% | 16.00% |
| 5 | ETERNAL Eternal Limited NSEAITECH | 250.58 | 626.45 | ₹2.30 L Cr | - | 2.87% | 1.19% | 97.70% | 45.90% |
| 6 | EICHERMOT Eicher Motors Limited NIFTY50NSEAI | 7,177.00 | 35.71 | ₹1.97 L Cr | 0.98% | 26.43% | 23.77% | 17.47% | 23.70% |
| 7 | TVSMOTOR TVS Motor Company Limited NSE | 3,355.70 | 52.91 | ₹1.59 L Cr | 0.36% | 28.86% | 31.62% | 26.91% | 31.46% |
| 8 | HYUNDAI HYUNDAI MOTOR INDIA LTD NSE | 1,924.00 | 28.82 | ₹1.56 L Cr | 1.09% | 32.62% | 29.92% | 5.50% | 4.87% |
| 9 | MOTHERSON Samvardhana Motherson International Limited NSEAI | 145.74 | 39.82 | ₹1.53 L Cr | 0.41% | 11.82% | 10.11% | 17.10% | 37.17% |
Quarterly Results
Figures in INR.
| Metric | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|
| Revenue | - | 58.62 Cr | 58.14 Cr | 64.13 Cr | 55.67 Cr | 57.86 Cr |
| Cost of Revenue | - | 28.08 Cr | 77.08 Cr | 29.31 Cr | 21.97 Cr | 25.35 Cr |
| Gross Profit | - | 30.54 Cr | -18.94 Cr | 34.82 Cr | 33.71 Cr | 32.51 Cr |
| Operating Expenses | - | 26.55 Cr | -23.26 Cr | 30.91 Cr | 29.57 Cr | 26.21 Cr |
| Operating Income | - | 3.99 Cr | 4.32 Cr | 3.91 Cr | 4.14 Cr | 6.30 Cr |
| EBITDA | - | 6.82 Cr | 6.38 Cr | 6.34 Cr | 7.11 Cr | 9.12 Cr |
| Interest Expense | 1.58 Cr | 1.96 Cr | 1.70 Cr | 2.27 Cr | 2.43 Cr | - |
| Pretax Income | - | 2.79 Cr | 2.64 Cr | 2.03 Cr | 2.27 Cr | 3.95 Cr |
| Tax Provision | - | 96.91 L | 41.52 L | 61.92 L | 11.67 L | 4.07 Cr |
| Net Income | - | 1.82 Cr | 2.23 Cr | 1.41 Cr | 2.15 Cr | -11.90 L |
| Diluted EPS | 10.78 | 5.00 | - | 3.87 | 5.91 | -0.33 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Revenue | 245.86 Cr | 264.81 Cr | 236.01 Cr | 235.83 Cr |
| Cost of Revenue | 179.73 Cr | 203.71 Cr | 166.32 Cr | 163.32 Cr |
| Gross Profit | 66.13 Cr | 61.10 Cr | 69.69 Cr | 72.51 Cr |
| Operating Expenses | 55.14 Cr | 58.11 Cr | 54.74 Cr | 56.38 Cr |
| Operating Income | 10.99 Cr | 3.00 Cr | 14.94 Cr | 16.13 Cr |
| EBITDA | 19.31 Cr | 15.26 Cr | 17.32 Cr | 26.16 Cr |
| Interest Expense | 2.94 Cr | 2.80 Cr | 5.48 Cr | 6.68 Cr |
| Pretax Income | 4.02 Cr | 1.27 Cr | 5.62 Cr | 11.60 Cr |
| Tax Provision | 88.86 L | 1.46 Cr | 1.07 Cr | 3.29 Cr |
| Net Income | 3.13 Cr | -18.37 L | 4.55 Cr | 8.31 Cr |
| Diluted EPS | 8.61 | -0.50 | 12.51 | 22.86 |
Compounded Sales Growth
| 5 Years: | -1.38% |
| 1 Year: | -3.40% |
Compounded Profit Growth
| 5 Years: | 38.46% |
| 1 Year: | 164.20% |
Stock Price Performance
| 1 Year: | -18.66% |
| 6 Months: | -9.09% |
| 3 Months: | -6.83% |
| 1 Month: | -1.04% |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Total Assets | 183.45 Cr | 180.52 Cr | 204.75 Cr | 230.28 Cr |
| Current Assets | 128.84 Cr | 132.43 Cr | 135.99 Cr | 148.19 Cr |
| Cash & Equivalents | 1.87 Cr | 1.03 Cr | 91.76 L | 99.38 L |
| Inventory | 48.87 Cr | 47.31 Cr | 56.10 Cr | 57.17 Cr |
| Receivables | 72.82 Cr | 74.87 Cr | 61.86 Cr | 80.82 Cr |
| Total Liabilities | 80.52 Cr | 102.82 Cr | 122.74 Cr | 140.59 Cr |
| Current Liabilities | 73.96 Cr | 95.32 Cr | 95.58 Cr | 120.57 Cr |
| Long Term Debt | 8.60 L | 89.20 L | 19.43 Cr | 12.25 Cr |
| Total Debt | 26.49 Cr | 38.19 Cr | 60.91 Cr | 71.57 Cr |
| Total Equity | 102.94 Cr | 77.70 Cr | 82.01 Cr | 89.69 Cr |
| Shares Outstanding | 36.38 L | 36.38 L | 36.38 L | 36.38 L |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Operating Cash Flow | 11.12 Cr | -2.50 Cr | 10.00 Cr | 21.83 Cr |
| Investing Cash Flow | -4.14 Cr | -5.85 Cr | -25.85 Cr | -24.35 Cr |
| Financing Cash Flow | -5.22 Cr | 7.51 Cr | 15.73 Cr | 2.60 Cr |
| Capital Expenditure | -4.67 Cr | -7.65 Cr | -25.96 Cr | -24.35 Cr |
| Free Cash Flow | 6.45 Cr | -10.15 Cr | -15.96 Cr | -2.52 Cr |
| Net Change in Cash | 1.76 Cr | -83.74 L | -11.11 L | 7.62 L |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Gross Margin % | 26.9% | 23.1% | 29.5% | 30.7% |
| Operating Margin % | 4.5% | 1.1% | 6.3% | 6.8% |
| Net Margin % | 1.3% | -0.1% | 1.9% | 3.5% |
| ROE % | 3.0% | -0.2% | 5.5% | 9.3% |
| ROCE % | 10.0% | 3.5% | 13.7% | 14.7% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
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