Krishanveer Forge
- Market cap
- ₹ 142 Cr.
- P/E
- 15.1x
- P/B
- 2.76x
- 52-week range
- 106 – 184
- ROE
- 20%
- ROCE
- 26%
- Dividend yield
- 2.3%
- Debt / equity
- 0
- Sector
- Industrial Products
- Industry
- Castings & Forgings
- Listed on
- BSE
About
Krishanveer Forge Limited is engaged in the business of manufacturing and selling steel open die forgings in both the domestic and the international markets. It is specialized in forging critical shaped components like Khuff blocks, Y blocks, Studded Tees, GV Bodies and others. Its product includes shafts, square section, rectangular section, blanks, ring and hollow. Its open die forging unit has the capability of manufacturing and supplying open die forgings up to 11 metric tons (MT) of single piece weights of components. It also forges various material grades, like plain carbon steels, alloy steels, Stainless Steels, Duplex Steel, 17-4PH, HNS, among others with varying sizes and complex shaped components. Its open die forging facility caters for industries including oil and gas, infrastructure, power transmission, mining and construction. It supplies its forgings across the countries such as Singapore, Malaysia, the Middle East, Europe, the United States, and other countries.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Castings & Forgings: 30 companies →Krishanveer 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)15.1 against a typical 24.8: cheaper than most peers (1st = cheapest).7th of 30
- Sales growth−6.3% against a typical +8% from a year earlier.19th of 23
- Profit growth−3.4% against a typical +4.9% from a year earlier.15th of 22
- Share price, 3 months−10.7% against a typical −0.5%.22nd of 28
- Size₹ 142.2 Cr. market value against a typical ₹ 208.1 Cr. (1st = largest).18th of 30
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 | 18 | 23 | 23 | 25 | 20 | 18 | 20 | 24 | 21 | 20 | 24 | 22 |
| Expenses | 18 | 21 | 21 | 22 | 18 | 16 | 18 | 21 | 18 | 18 | 21 | 19 |
| Operating Profit | 1 | 2 | 2 | 3 | 2 | 2 | 2 | 3 | 3 | 3 | 4 | 3 |
| OPM % | 4.7% | 9.4% | 9.5% | 10.7% | 10% | 10.7% | 10.1% | 11.3% | 14.8% | 13.2% | 15% | 12.3% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −0 | 4 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | −0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 2 | 7 | 3 |
| Tax % | 27.3% | 13.5% | 43.8% | 22.7% | 22.3% | 32.4% | 26.4% | 20.3% | 38.9% | 3.9% | 20.3% | 27.5% |
| Net Profit | 0 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 6 | 2 |
| EPS in Rs | 0.3 | 1.34 | 0.95 | 1.6 | 1.12 | 1.11 | 1.33 | 1.89 | 1.64 | 1.61 | 5.26 | 1.83 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 22%
- 5 Years
- 17%
- 3 Years
- 3%
- TTM
- 7%
- 10 Years
- 26%
- 5 Years
- 21%
- 3 Years
- 78%
- TTM
- 51%
- 10 Years
- 16%
- 5 Years
- 21%
- 3 Years
- 25%
- TTM
- —
- 10 Years
- 10%
- 5 Years
- 13%
- 3 Years
- 15%
- 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.
| Krishanveer Forge | ₹ 128.00 | ₹ 142 Cr. | 15.1x | 2.8x | 20% | — |
| JSW Steel | ₹ 1,187.00 | ₹ 2,90,275 Cr. | 41.6x | 3x | — | 14.8% |
| Lloyds Metals And Energy | ₹ 1,780.40 | ₹ 1,00,195 Cr. | 27.8x | 7.6x | 36.2% | 22.4% |
| Jindal Steel | ₹ 1,012.00 | ₹ 1,04,634 Cr. | 25.9x | 2.1x | 6.9% | 6.3% |
| Jindal Stainless | ₹ 684.00 | ₹ 56,394 Cr. | 18.8x | 3.1x | 17.5% | 7.4% |
| Welspun Corp | ₹ 2,402.00 | ₹ 63,363 Cr. | 25.9x | 4.6x | 19.4% | 9.7% |
Management
- Viralkumar S. Shah
- Chief Financial Officer
- Mahendra Ravso Samdole
- Company Secretary and Compliance Officer
- Nitin Rajore
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.