Kalyani Forge
- Market cap
- ₹ 265 Cr.
- P/E
- 21.4x
- P/B
- 2.81x
- 52-week range
- 523.6 – 1,192.25
- ROE
- 10%
- ROCE
- 12%
- Dividend yield
- 0.5%
- Debt / equity
- 1.1
- Sector
- Industrial Products
- Industry
- Castings & Forgings
- Listed on
- NSE, BSE
About
Kalyani Forge Limited is an India-based engineering company. The Company is engaged in providing forged, machined, and assembled products for various customers in various industries, such as automotive, construction, power generation, marine, railway, and industrial goods. The Company’s products include engine parts, chassis system, driveline, industrial application, steering and suspension, transmission, and turbo charger. It offers a range of engine parts, such as connecting rod, crank shaft, cam shaft, retainer valve, cross head valve, injector clamp, rocker arm, balance weight cam lobe, and more. Its industrial application provides various cold and hot forged parts for industrial applications like power tools, conveyors, compressors, and others. It provides a range of products for chassis systems, such as idler arms, control arm, steering knuckle, FS arms and brackets. It supplies turbocharger parts like nozzle ring and pipe cast flanges.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Castings & Forgings: 30 companies →Kalyani Forge against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)21.4 against a typical 24.8: cheaper than most peers (1st = cheapest).13th of 30
- Sales growth+4.2% against a typical +8% from a year earlier.14th of 23
- Profit growth+217.7% against a typical +4.9% from a year earlier.3rd of 22
- Share price, 3 months+31.5% against a typical −0.8%.3rd of 28
- Size₹ 264.6 Cr. market value against a typical ₹ 208.1 Cr. (1st = largest).14th of 30
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
No up-to-date rating
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil BB(Issuer Not Cooperating) | Stable | 18 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 18 Aug 2026 | ▼ Downgrade3 notches | Crisil BBB → Crisil BB(Issuer Not Cooperating) | — | CRISIL | ₹ 100 Cr. | |
| 27 Feb 2026 | Rating action | Crisil BBB | — | CRISIL | ₹ 100 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 11 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 25 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 11 Feb 2026 | Financial Results | Kalyani Forge Limited has informed the Exchange about Board Meeting to be held on 11-Feb-2026 to inter-alia to consider and approve the Unaudited Financial results of the Company for the quarter ended on December 31, 2025 |
| 12 Nov 2025 | Financial Results | Kalyani Forge Ltd has informed NSE that the meeting of the Board of Directors of the Company is scheduled on November 12, 2025 ,inter alia, to consider and approve the financial results for the quarter and half year ended on September 30, 2025. |
| 13 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 27 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 61 | 60 | 57 | 57 | 62 | 59 | 59 | 64 | 56 | 58 | 57 | 67 |
| Expenses | 56 | 57 | 56 | 53 | 55 | 53 | 53 | 58 | 49 | 49 | 50 | 56 |
| Operating Profit | 5 | 3 | 1 | 4 | 8 | 6 | 6 | 6 | 7 | 9 | 7 | 11 |
| OPM % | 7.7% | 4.8% | 2.1% | 6.7% | 12.5% | 10.4% | 10.8% | 9.3% | 11.8% | 15.1% | 11.8% | 15.9% |
| Other Income | 1 | 2 | 1 | 1 | 1 | 1 | 0 | 0 | 1 | 0 | 2 | 0 |
| Interest | 1 | 2 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 3 | 0 | 2 |
| Depreciation | 3 | 1 | −0 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 |
| Profit before tax | 2 | 2 | 1 | 1 | 5 | 3 | 3 | 2 | 2 | 4 | 6 | 6 |
| Tax % | 18.1% | 7.9% | 40.7% | 74.6% | 18.3% | 34.8% | 15.9% | 30.5% | 5.3% | 103% | 4.1% | 27.2% |
| Net Profit | 1 | 2 | 1 | 0 | 4 | 2 | 2 | 1 | 2 | −0 | 6 | 4 |
| EPS in Rs | 3.57 | 4.15 | 1.95 | 0.96 | 10.78 | 5 | 6.13 | 3.88 | 5.91 | −0.33 | 16.16 | 12.31 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 0%
- 5 Years
- 5%
- 3 Years
- −4%
- TTM
- −3%
- 10 Years
- 24%
- 5 Years
- 55%
- 3 Years
- 244%
- TTM
- 32%
- 10 Years
- 9%
- 5 Years
- 27%
- 3 Years
- 32%
- TTM
- —
- 10 Years
- 3%
- 5 Years
- 6%
- 3 Years
- 9%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Kalyani Forge | ₹ 829.00 | ₹ 265 Cr. | 21.4x | 2.8x | 10% | — |
| Bharat Forge | ₹ 1,709.60 | ₹ 81,734 Cr. | 89.6x | 10.9x | 11.5% | 6.5% |
| Havells India | ₹ 1,032.00 | ₹ 64,764 Cr. | 44.1x | 7.9x | — | 6.9% |
| Sterlite Technologies | ₹ 829.00 | ₹ 42,603 Cr. | 464.5x | 11.2x | 2.6% | 1.2% |
| Schaeffler India | ₹ 3,468.00 | ₹ 54,379 Cr. | 56.2x | 10.7x | — | 12% |
| R R Kabel | ₹ 2,150.60 | ₹ 26,329 Cr. | 51.2x | 10.1x | 20.8% | 5.1% |
Management
- Rohini Gaurishankar Kalyani
- Executive Chairperson of the Board
- Jagdish Baheti
- Chief Financial Officer
- Sainath Bhanage
- Chief Financial Officer
- Anup Dilip Sancheti
- Company Secretary and Compliance Officer
- Viraj Gaurishankar Kalyani
- Managing Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.