Kalyani Forge Ltd: Financial Statements & Historical Data

COMPANY FINANCIAL DATA

Reported figures at a glance

Stored figures, not live quotes. Price record: 30 September 2026, 8:51 pm +05:30. Financial reporting periods are shown in the tables below.

Stored share price991₹ per share

Reported P/E29.1Times

Book value per share263₹ per share

Reported ROCE12.2 %%

Data sources and reporting basis

Sources: Company data source. Check the company filings linked by the source for the reporting basis and exceptional items.

Different tables can have different reporting dates and accounting bases. Verify the company filings before comparing figures. Missing data is not treated as zero.

How Getaka handles sources, dates and corrections. Page revision dates describe the page, not the age of every financial figure.

Stored market and accounting figures

Price record: 30 September 2026, 8:51 pm +05:30. Not a live quote.

Measure	Stored figure
Market Cap	360 Cr.
Current Price	991
High / Low	1,193/504
Stock P/E	29.1
Book Value	263
Dividend Yield	0.40 %
ROCE	12.2 %
ROE	10.1 %
Face Value	10.0

Market cap is in ₹ crore; prices and per-share values are in ₹. P/E is a multiple; yield, ROCE and ROE are percentages. Book value is an accounting figure, not an estimate of the share's investment value.

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Kalyani Forge Ltd	360 Cr.	991	1,193/504	29.1	263	0.40 %	12.2 %	10.1 %	10.0
LGB Forge Ltd	119 Cr.	4.98	11.8/4.71		0.68	0.00 %	2.12 %	12.7 %	1.00
Hilton Metal Forging Ltd	83.2 Cr.	16.3	42.6/13.4	16.3	29.4	0.00 %	5.55 %	2.59 %	10.0
ASL Industries Ltd	76.4 Cr.	73.4	119/33.9	332	33.9	0.00 %	0.26 %	0.26 %	10.0
EL Forge Ltd	55.0 Cr.	27.1	29.4/12.1	17.4	14.0	0.00 %	11.1 %	9.20 %	10.0
Industry Average	9,912.44 Cr	618.00		86.57	163.63	0.24%	9.42%	9.09%	6.13

All Competitor Stocks of Kalyani Forge Ltd

FINANCIALS

Quarterly performance

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Sales, expenses & profits

₹ crore

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Supporting financial tableAll reported figures · use a chart icon for peer comparison

Quarterly Chart Table

Metric	Jun 2023	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	59.35	60.91	59.70	56.82	56.74	62.33	58.62	58.95	64.13	55.67	57.86	56.98	66.80
Expenses	54.24	56.22	56.81	55.65	52.93	54.56	52.54	52.59	58.18	49.12	49.10	50.25	56.19
Operating Profit	5.11	4.69	2.89	1.17	3.81	7.77	6.08	6.36	5.95	6.55	8.76	6.73	10.61
OPM %	8.61%	7.70%	4.84%	2.06%	6.71%	12.47%	10.37%	10.79%	9.28%	11.77%	15.14%	11.81%	15.88%
Other Income	0.32	1.08	1.76	1.21	0.86	0.52	0.75	0.38	0.39	0.56	0.36	2.27	0.28
Interest	1.21	1.45	1.75	1.49	1.45	1.58	1.96	2.06	2.27	2.43	2.71	0.24	1.73
Depreciation	2.53	2.72	1.25	-0.29	1.84	1.91	2.08	2.04	2.04	2.41	2.46	2.63	3.01
Profit before tax	1.69	1.60	1.65	1.18	1.38	4.80	2.79	2.64	2.03	2.27	3.95	6.13	6.15
Tax %	39.05%	18.12%	7.88%	40.68%	74.64%	18.33%	34.77%	15.91%	30.54%	5.29%	103.04%	4.08%	27.15%
Net Profit	1.03	1.30	1.51	0.71	0.35	3.92	1.82	2.23	1.41	2.15	-0.12	5.88	4.48
EPS in Rs	2.83	3.57	4.15	1.95	0.96	10.78	5.00	6.13	3.88	5.91	-0.33	16.16	12.31

Last Updated: September 29, 2026, 7:32 pm

FINANCIALS

Annual performance

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Sales, expenses & profits

₹ crore

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Earnings per share

₹ per share

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Supporting financial tableAll reported figures · use a chart icon for peer comparison

Profit & Loss Chart Table

Last Updated: September 27, 2026, 5:27 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	205	241	231	227	259	286	201	181	246	264	237	236	235	237
Expenses	182	226	215	212	237	261	193	168	228	254	223	213	207	205
Operating Profit	24	14	16	15	22	26	8	13	19	11	14	23	28	33
OPM %	11%	6%	7%	7%	8%	9%	4.2%	7%	8%	4.0%	6%	10%	12%	14%
Other Income	2	2	3	5	7	6	3	1	1	5	4	3	4	3
Interest	5	6	5	4	6	8	5	3	4	3	6	7	8	7
Depreciation	13	13	12	10	13	15	14	13	12	11	6	8	10	11
Profit before tax	7	-3	2	5	9	10	-8	-2	4	1	6	12	14	18
Tax %	33%	-24%	46%	33%	29%	28%	-15%	-15%	22%	113%	19%	28%	35%
Net Profit	5	-2	1	3	7	7	-7	-2	3	-0	5	8	9	12
EPS in Rs	13.14	-6.21	3.02	9.57	18.03	19.13	-19.05	-4.84	8.60	-0.49	12.51	22.84	25.62	34.05
Dividend Payout %	19%	0%	66%	21%	19%	21%	-5%	-31%	35%	-607%	24%	18%	16%

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2024-2025	2025-2026
YoY Net Profit Growth (%)	-140.00%	150.00%	200.00%	133.33%	0.00%	-200.00%	71.43%	250.00%	-100.00%	60.00%	12.50%
Change in YoY Net Profit Growth (%)	0.00%	290.00%	50.00%	-66.67%	-133.33%	-200.00%	271.43%	178.57%	-350.00%	160.00%	-47.50%

Kalyani Forge Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2025-2026.

Growth

Compounded Sales Growth
10 Years:	0%
5 Years:	3%
3 Years:	-1%
TTM:	4%

Compounded Profit Growth
10 Years:	19%
5 Years:	26%
3 Years:	42%
TTM:	142%

Stock Price CAGR
10 Years:	11%
5 Years:	36%
3 Years:	55%
1 Year:	31%

Return on Equity
10 Years:	3%
5 Years:	3%
3 Years:	5%
Last Year:	10%

Last Updated: September 5, 2025, 8:45 am

FINANCIALS

Balance sheet

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Reserves & borrowings

₹ crore

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Balance Sheet Data Table

Last Updated: July 5, 2026, 9:54 pm

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	4	4	4	4	4	4	4	4	4	4	4	4
Reserves	94	94	98	103	108	98	97	99	74	78	86	92
Borrowings	47	41	63	63	47	31	27	26	38	61	72	106
Other Liabilities	57	60	71	65	69	51	56	54	65	62	69	50
Total Liabilities	201	199	236	235	227	184	183	183	181	205	230	251
Fixed Assets	61	64	60	84	78	65	53	44	39	56	61	90
CWIP	17	8	30	5	0	1	1	2	3	5	15	10
Investments	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	123	127	147	146	148	118	129	137	138	143	154	152
Total Assets	201	199	236	235	227	184	183	183	181	205	230	251

FINANCIALS

Cash generation

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Operating & free cash flow

₹ crore

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Cash Flows

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	25	19	15	12	30	24	7	11	-2	10	22	7
Cash from Investing Activity +	-2	-5	-41	-2	-7	-1	-1	-4	-6	-26	-24	-33
Cash from Financing Activity +	-20	-11	19	-8	-25	-23	-7	-5	8	16	3	25
Net Cash Flow	3	3	-7	2	-2	-0	-1	2	-1	-0	0	-1
Free Cash Flow	24	14	-26	10	23	23	6	7	-8	-16	-3	-26
CFO/OP	186%	128%	118%	68%	114%	304%	58%	68%	-8%	89%	95%	37%

Free cash flowAll reported figures · use a chart icon for peer comparison

Free Cash Flow Table

Free cash flow reported in the stored cash-flow statement (₹ Cr)
Period	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Free Cash Flow	24.00	14.00	-26.00	10.00	23.00	23.00	6.00	7.00	-8.00	-16.00	-3.00	-26.00

This table and the chart use the Free Cash Flow row from the same stored cash-flow statement. Free cash flow generally measures operating cash flow after capital expenditure; check the source definition and reporting basis. It is not operating profit minus borrowings.

Financial efficiency feed. Source: www.screener.in. Check the source for the accounting basis. Values from separate feeds can differ, even for the same period; they are not interchangeable. Use each table’s period labels. Data methodology.

FINANCIALS

Financial & business efficiency

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Working capital

Days

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Returns on capital & equity

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Financial Efficiency Data Table

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	94	92	98	99	99	96	103	135	108	103	95	125
Inventory Days	130	96	117	156	139	123	143	178	135	114	180	186
Days Payable	106	118	128	146	143	122	123	141	95	107	146	166
Cash Conversion Cycle	118	70	87	109	94	97	123	172	148	110	129	144
Working Capital Days	39	34	29	18	36	42	53	85	74	44	53	38
ROCE %	8%	2%	5%	6%	9%	10%	-2%	1%	6%	4%	9%	12%

FINANCIALS

Ownership trends

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Shareholding comparison

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Shareholder count

Shareholders

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Shareholding Pattern

Month	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	58.71%	58.71%	58.71%	58.70%	58.71%	58.71%	58.71%	58.73%	58.76%	58.76%	58.76%	58.76%
Public	41.28%	41.29%	41.29%	41.30%	41.30%	41.29%	41.29%	41.26%	41.24%	41.24%	41.23%	41.23%
No. of Shareholders	5,596	5,530	5,878	6,571	6,677	6,550	6,476	7,081	7,236	7,281	7,342	7,424

This stock is not held by any mutual fund.

Alternate ratio feed. Source: www.way2wealth.com. The accounting basis and ratio definitions require verification against the source. Values from separate feeds can differ, even for the same period; they are not interchangeable. Use each table’s period labels. Data methodology.

FINANCIALS

Ratios from the alternate data feed

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Profitability ratios

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Liquidity ratios

Multiple (×)

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Distributions & retention

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Interest coverage

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Valuation multiples

Multiple (×)

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Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	22.86	12.51	9.92	8.61	-4.84
Diluted EPS (Rs.)	22.86	12.51	9.92	8.61	-4.84
Cash EPS (Rs.)	44.48	29.59	40.67	42.52	30.40
Book Value[Excl.RevalReserv]/Share (Rs.)	246.46	225.36	289.86	282.88	275.33
Book Value[Incl.RevalReserv]/Share (Rs.)	246.46	225.36	289.86	282.88	275.33
Dividend / Share (Rs.)	4.00	3.00	3.00	3.00	1.50
Revenue From Operations / Share (Rs.)	650.30	650.69	732.82	677.39	496.79
PBDIT / Share (Rs.)	72.86	48.73	58.94	54.93	37.24
PBIT / Share (Rs.)	51.23	31.65	28.19	21.02	2.00
PBT / Share (Rs.)	31.89	15.44	13.92	11.05	-5.69
Net Profit / Share (Rs.)	22.85	12.50	9.91	8.61	-4.84
PBDIT Margin (%)	11.20	7.48	8.04	8.10	7.49
PBIT Margin (%)	7.87	4.86	3.84	3.10	0.40
PBT Margin (%)	4.90	2.37	1.89	1.63	-1.14
Net Profit Margin (%)	3.51	1.92	1.35	1.27	-0.97
Return on Networth / Equity (%)	9.27	5.54	3.42	3.04	-1.75
Return on Capital Employeed (%)	16.99	10.54	9.07	6.98	0.68
Return On Assets (%)	3.61	2.22	1.75	1.70	-0.96
Long Term Debt / Equity (X)	0.13	0.23	0.01	0.00	0.00
Total Debt / Equity (X)	0.79	0.74	0.36	0.25	0.26
Asset Turnover Ratio (%)	1.09	1.15	1.37	1.34	0.98
Current Ratio (X)	1.23	1.42	1.69	1.74	1.58
Quick Ratio (X)	0.75	0.83	0.93	1.08	0.99
Inventory Turnover Ratio (X)	4.18	3.75	2.65	2.80	2.17
Dividend Payout Ratio (NP) (%)	13.12	23.98	30.24	17.42	-20.66
Dividend Payout Ratio (CP) (%)	6.74	10.13	7.37	3.52	3.28
Earning Retention Ratio (%)	86.88	76.02	69.76	82.58	120.66
Cash Earning Retention Ratio (%)	93.26	89.87	92.63	96.48	96.72
Interest Coverage Ratio (X)	3.77	3.01	6.36	5.51	4.84
Interest Coverage Ratio (Post Tax) (X)	2.18	1.77	2.61	1.86	0.37
Enterprise Value (Cr.)	249.15	202.85	113.51	87.81	93.61
EV / Net Operating Revenue (X)	1.05	0.85	0.42	0.35	0.51
EV / EBITDA (X)	9.40	11.44	5.29	4.39	6.91
MarketCap / Net Operating Revenue (X)	0.76	0.62	0.30	0.27	0.38
Retention Ratios (%)	86.87	76.01	69.75	82.57	120.66
Price / BV (X)	2.01	1.80	0.76	0.64	0.70
Price / Net Operating Revenue (X)	0.76	0.62	0.30	0.27	0.38
EarningsYield	0.04	0.03	0.04	0.04	-0.02