Share Price and Basic Stock Data
Last Updated: February 2, 2026, 3:58 pm
| PEG Ratio | 1.50 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Kalyani Forge Ltd operates within the forgings industry, focusing on manufacturing high-quality forged components. The company reported a share price of ₹608 and a market capitalization of ₹218 Cr. In terms of revenue, Kalyani Forge Ltd recorded sales of ₹264 Cr for FY 2023, slightly declining from ₹246 Cr in FY 2022. The company’s quarterly sales figures show a downward trend from ₹73.54 Cr in September 2022 to ₹59.35 Cr in June 2023, with a minor recovery to ₹60.91 Cr in September 2023. This revenue fluctuation indicates challenges in maintaining consistent sales levels, likely influenced by market demand and competitive pressures. Despite these challenges, the company reported total sales of ₹237 Cr for both FY 2024 and FY 2025 (TTM), reflecting a stabilization in revenue generation. Kalyani Forge Ltd has a total of 7,236 shareholders, indicating a broad base of public interest, even as the market dynamics evolve.
Profitability and Efficiency Metrics
Kalyani Forge Ltd’s profitability metrics reveal a mixed performance landscape. The company’s operating profit margin (OPM) stood at 11.77% as of the latest reporting period, which is an improvement from previous quarters. However, the operating profit fluctuated significantly across the quarters, peaking at ₹7.77 Cr in September 2024. The net profit for the latest quarter was reported at ₹8 Cr, achieving a return on equity (ROE) of 9.77%, which is relatively low compared to industry standards. The interest coverage ratio (ICR) of 3.77x suggests that the company can comfortably meet its interest obligations, a positive indicator of financial health. Kalyani Forge’s cash conversion cycle (CCC) of 144 days reveals inefficiencies in managing working capital, which can impact liquidity. Overall, while there are encouraging signs in profitability, the company faces challenges in sustaining margins amid competitive pressures.
Balance Sheet Strength and Financial Ratios
Kalyani Forge Ltd’s balance sheet reflects a cautious approach to leveraging, with total borrowings reported at ₹91 Cr against reserves of ₹88 Cr. This results in a total debt-to-equity ratio of 0.79x, indicating a moderate level of financial leverage. The company’s current ratio of 1.23x suggests that it can meet its short-term liabilities, although a quick ratio of 0.75x raises concerns about immediate liquidity. The book value per share has increased to ₹246.46, indicating a solid asset base, yet the price-to-book value ratio of 2.01x implies that the stock may be overvalued compared to its tangible asset value. Additionally, the return on capital employed (ROCE) improved to 12.3%, signaling enhanced efficiency in utilizing capital for generating profits. These financial ratios demonstrate a balanced approach to growth and risk management, but investors should remain vigilant about debt levels and liquidity.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Kalyani Forge Ltd reveals a strong promoter holding of 58.76%, indicating significant insider confidence in the company’s future prospects. The public ownership stands at 41.24%, showcasing a healthy distribution of shares among retail investors, which can contribute to market stability. The number of shareholders has grown from 4,933 in December 2022 to 7,236 in September 2025, reflecting increasing investor interest. However, the absence of Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) may indicate a lack of institutional confidence, which could impact the stock’s performance. The company’s dividend payout ratio of 13.12% for FY 2025 demonstrates a commitment to returning value to shareholders, although the payout has seen fluctuations in recent years. This pattern may attract income-focused investors, yet the reliance on promoter holdings raises questions about the stock’s future liquidity and market perception.
Outlook, Risks, and Final Insight
Looking ahead, Kalyani Forge Ltd faces both opportunities and challenges. The stability in revenue and improved OPM could signal a potential recovery in profitability, provided the company effectively addresses its operational inefficiencies. However, risks such as fluctuating raw material costs and increasing competition in the forgings sector could pose significant threats to margins. The company’s reliance on domestic markets, coupled with the absence of institutional backing, may limit its growth potential in a rapidly evolving industry. Furthermore, the ongoing economic conditions and market demand will play a crucial role in determining future performance. A strategic focus on enhancing operational efficiency and diversifying the customer base could bolster resilience against market fluctuations. If these challenges are managed well, Kalyani Forge Ltd may position itself for a more robust growth trajectory, appealing to both retail and institutional investors.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Happy Forgings Ltd | 9,944 Cr. | 1,057 | 1,194/716 | 36.6 | 208 | 0.28 % | 19.2 % | 15.5 % | 2.00 |
| EL Forge Ltd | 33.2 Cr. | 16.4 | 29.0/12.8 | 18.5 | 12.5 | 0.00 % | 11.2 % | 9.14 % | 10.0 |
| CIE Automotive India Ltd | 15,926 Cr. | 419 | 487/357 | 19.9 | 183 | 1.67 % | 16.6 % | 13.2 % | 10.0 |
| Amic Forging Ltd | 1,318 Cr. | 1,226 | 1,750/850 | 52.3 | 139 | 0.00 % | 27.9 % | 21.8 % | 10.0 |
| Amforge Industries Ltd | 10.2 Cr. | 7.09 | 10.9/6.05 | 24.9 | 9.20 | 0.00 % | 6.53 % | 3.72 % | 2.00 |
| Industry Average | 10,824.70 Cr | 391.93 | 76.81 | 154.81 | 0.30% | 10.77% | 10.71% | 6.13 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 73.54 | 70.08 | 63.58 | 59.35 | 60.91 | 59.70 | 56.82 | 56.74 | 62.33 | 58.62 | 58.95 | 64.13 | 55.67 |
| Expenses | 71.93 | 64.19 | 63.08 | 54.24 | 56.22 | 56.81 | 55.65 | 52.93 | 54.56 | 52.54 | 52.59 | 58.18 | 49.12 |
| Operating Profit | 1.61 | 5.89 | 0.50 | 5.11 | 4.69 | 2.89 | 1.17 | 3.81 | 7.77 | 6.08 | 6.36 | 5.95 | 6.55 |
| OPM % | 2.19% | 8.40% | 0.79% | 8.61% | 7.70% | 4.84% | 2.06% | 6.71% | 12.47% | 10.37% | 10.79% | 9.28% | 11.77% |
| Other Income | 0.06 | 1.36 | 1.90 | 0.32 | 1.08 | 1.76 | 1.21 | 0.86 | 0.52 | 0.75 | 0.38 | 0.39 | 0.56 |
| Interest | 0.56 | 1.10 | 0.98 | 1.21 | 1.45 | 1.75 | 1.49 | 1.45 | 1.58 | 1.96 | 2.06 | 2.27 | 2.43 |
| Depreciation | 2.95 | 2.65 | 2.50 | 2.53 | 2.72 | 1.25 | -0.29 | 1.84 | 1.91 | 2.08 | 2.04 | 2.04 | 2.41 |
| Profit before tax | -1.84 | 3.50 | -1.08 | 1.69 | 1.60 | 1.65 | 1.18 | 1.38 | 4.80 | 2.79 | 2.64 | 2.03 | 2.27 |
| Tax % | -41.85% | 20.57% | 181.48% | 39.05% | 18.12% | 7.88% | 40.68% | 74.64% | 18.33% | 34.77% | 15.91% | 30.54% | 5.29% |
| Net Profit | -1.08 | 2.77 | -3.03 | 1.03 | 1.30 | 1.51 | 0.71 | 0.35 | 3.92 | 1.82 | 2.23 | 1.41 | 2.15 |
| EPS in Rs | -2.97 | 7.61 | -8.33 | 2.83 | 3.57 | 4.15 | 1.95 | 0.96 | 10.78 | 5.00 | 6.13 | 3.88 | 5.91 |
Last Updated: December 30, 2025, 8:06 am
Below is a detailed analysis of the quarterly data for Kalyani Forge Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 55.67 Cr.. The value appears to be declining and may need further review. It has decreased from 64.13 Cr. (Jun 2025) to 55.67 Cr., marking a decrease of 8.46 Cr..
- For Expenses, as of Sep 2025, the value is 49.12 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 58.18 Cr. (Jun 2025) to 49.12 Cr., marking a decrease of 9.06 Cr..
- For Operating Profit, as of Sep 2025, the value is 6.55 Cr.. The value appears strong and on an upward trend. It has increased from 5.95 Cr. (Jun 2025) to 6.55 Cr., marking an increase of 0.60 Cr..
- For OPM %, as of Sep 2025, the value is 11.77%. The value appears strong and on an upward trend. It has increased from 9.28% (Jun 2025) to 11.77%, marking an increase of 2.49%.
- For Other Income, as of Sep 2025, the value is 0.56 Cr.. The value appears strong and on an upward trend. It has increased from 0.39 Cr. (Jun 2025) to 0.56 Cr., marking an increase of 0.17 Cr..
- For Interest, as of Sep 2025, the value is 2.43 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2.27 Cr. (Jun 2025) to 2.43 Cr., marking an increase of 0.16 Cr..
- For Depreciation, as of Sep 2025, the value is 2.41 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2.04 Cr. (Jun 2025) to 2.41 Cr., marking an increase of 0.37 Cr..
- For Profit before tax, as of Sep 2025, the value is 2.27 Cr.. The value appears strong and on an upward trend. It has increased from 2.03 Cr. (Jun 2025) to 2.27 Cr., marking an increase of 0.24 Cr..
- For Tax %, as of Sep 2025, the value is 5.29%. The value appears to be improving (decreasing) as expected. It has decreased from 30.54% (Jun 2025) to 5.29%, marking a decrease of 25.25%.
- For Net Profit, as of Sep 2025, the value is 2.15 Cr.. The value appears strong and on an upward trend. It has increased from 1.41 Cr. (Jun 2025) to 2.15 Cr., marking an increase of 0.74 Cr..
- For EPS in Rs, as of Sep 2025, the value is 5.91. The value appears strong and on an upward trend. It has increased from 3.88 (Jun 2025) to 5.91, marking an increase of 2.03.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 5:07 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 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 205 | 241 | 231 | 227 | 259 | 286 | 201 | 181 | 246 | 264 | 237 | 237 | 237 |
| Expenses | 182 | 226 | 215 | 212 | 237 | 261 | 193 | 168 | 228 | 254 | 223 | 213 | 212 |
| Operating Profit | 24 | 14 | 16 | 15 | 22 | 26 | 8 | 13 | 19 | 11 | 14 | 24 | 25 |
| OPM % | 11% | 6% | 7% | 7% | 8% | 9% | 4% | 7% | 8% | 4% | 6% | 10% | 11% |
| Other Income | 2 | 2 | 3 | 5 | 7 | 6 | 3 | 1 | 1 | 5 | 4 | 3 | 2 |
| Interest | 5 | 6 | 5 | 4 | 6 | 8 | 5 | 3 | 4 | 3 | 6 | 7 | 9 |
| Depreciation | 13 | 13 | 12 | 10 | 13 | 15 | 14 | 13 | 12 | 11 | 6 | 8 | 9 |
| Profit before tax | 7 | -3 | 2 | 5 | 9 | 10 | -8 | -2 | 4 | 1 | 6 | 12 | 10 |
| Tax % | 33% | -24% | 46% | 33% | 29% | 28% | -15% | -15% | 22% | 113% | 19% | 28% | |
| Net Profit | 5 | -2 | 1 | 3 | 7 | 7 | -7 | -2 | 3 | -0 | 5 | 8 | 8 |
| 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 | 20.92 |
| Dividend Payout % | 19% | 0% | 66% | 21% | 19% | 21% | -5% | -31% | 35% | -607% | 24% | 18% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -140.00% | 150.00% | 200.00% | 133.33% | 0.00% | -200.00% | 71.43% | 250.00% | -100.00% | 60.00% |
| 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% |
Kalyani Forge Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2014-2015 to 2024-2025.
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
Balance Sheet
Last Updated: December 4, 2025, 1:30 am
| 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 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Reserves | 99 | 94 | 94 | 98 | 103 | 108 | 98 | 97 | 99 | 74 | 78 | 86 | 88 |
| Borrowings | 60 | 47 | 41 | 63 | 63 | 47 | 31 | 27 | 26 | 38 | 61 | 72 | 91 |
| Other Liabilities | 48 | 57 | 60 | 71 | 65 | 69 | 51 | 56 | 54 | 65 | 62 | 69 | 76 |
| Total Liabilities | 210 | 201 | 199 | 236 | 235 | 227 | 184 | 183 | 183 | 181 | 205 | 230 | 259 |
| Fixed Assets | 79 | 61 | 64 | 60 | 84 | 78 | 65 | 53 | 44 | 39 | 56 | 61 | 71 |
| CWIP | 14 | 17 | 8 | 30 | 5 | 0 | 1 | 1 | 2 | 3 | 5 | 15 | 12 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 117 | 123 | 127 | 147 | 146 | 148 | 118 | 129 | 137 | 138 | 143 | 154 | 176 |
| Total Assets | 210 | 201 | 199 | 236 | 235 | 227 | 184 | 183 | 183 | 181 | 205 | 230 | 259 |
Below is a detailed analysis of the balance sheet data for Kalyani Forge Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 4.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 4.00 Cr..
- For Reserves, as of Sep 2025, the value is 88.00 Cr.. The value appears strong and on an upward trend. It has increased from 86.00 Cr. (Mar 2025) to 88.00 Cr., marking an increase of 2.00 Cr..
- For Borrowings, as of Sep 2025, the value is 91.00 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from 72.00 Cr. (Mar 2025) to 91.00 Cr., marking an increase of 19.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 76.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 69.00 Cr. (Mar 2025) to 76.00 Cr., marking an increase of 7.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 259.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 230.00 Cr. (Mar 2025) to 259.00 Cr., marking an increase of 29.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 71.00 Cr.. The value appears strong and on an upward trend. It has increased from 61.00 Cr. (Mar 2025) to 71.00 Cr., marking an increase of 10.00 Cr..
- For CWIP, as of Sep 2025, the value is 12.00 Cr.. The value appears to be declining and may need further review. It has decreased from 15.00 Cr. (Mar 2025) to 12.00 Cr., marking a decrease of 3.00 Cr..
- For Investments, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Other Assets, as of Sep 2025, the value is 176.00 Cr.. The value appears strong and on an upward trend. It has increased from 154.00 Cr. (Mar 2025) to 176.00 Cr., marking an increase of 22.00 Cr..
- For Total Assets, as of Sep 2025, the value is 259.00 Cr.. The value appears strong and on an upward trend. It has increased from 230.00 Cr. (Mar 2025) to 259.00 Cr., marking an increase of 29.00 Cr..
However, the Borrowings (91.00 Cr.) are higher than the Reserves (88.00 Cr.), which may signal higher financial risk.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -36.00 | -33.00 | -25.00 | -48.00 | -41.00 | -21.00 | -23.00 | -14.00 | -7.00 | -27.00 | -47.00 | -48.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| 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% |
This stock is not held by any mutual fund.
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 |
After reviewing the key financial ratios for Kalyani Forge Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 22.86. This value is within the healthy range. It has increased from 12.51 (Mar 24) to 22.86, marking an increase of 10.35.
- For Diluted EPS (Rs.), as of Mar 25, the value is 22.86. This value is within the healthy range. It has increased from 12.51 (Mar 24) to 22.86, marking an increase of 10.35.
- For Cash EPS (Rs.), as of Mar 25, the value is 44.48. This value is within the healthy range. It has increased from 29.59 (Mar 24) to 44.48, marking an increase of 14.89.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 246.46. It has increased from 225.36 (Mar 24) to 246.46, marking an increase of 21.10.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 246.46. It has increased from 225.36 (Mar 24) to 246.46, marking an increase of 21.10.
- For Dividend / Share (Rs.), as of Mar 25, the value is 4.00. This value exceeds the healthy maximum of 3. It has increased from 3.00 (Mar 24) to 4.00, marking an increase of 1.00.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 650.30. It has decreased from 650.69 (Mar 24) to 650.30, marking a decrease of 0.39.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 72.86. This value is within the healthy range. It has increased from 48.73 (Mar 24) to 72.86, marking an increase of 24.13.
- For PBIT / Share (Rs.), as of Mar 25, the value is 51.23. This value is within the healthy range. It has increased from 31.65 (Mar 24) to 51.23, marking an increase of 19.58.
- For PBT / Share (Rs.), as of Mar 25, the value is 31.89. This value is within the healthy range. It has increased from 15.44 (Mar 24) to 31.89, marking an increase of 16.45.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 22.85. This value is within the healthy range. It has increased from 12.50 (Mar 24) to 22.85, marking an increase of 10.35.
- For PBDIT Margin (%), as of Mar 25, the value is 11.20. This value is within the healthy range. It has increased from 7.48 (Mar 24) to 11.20, marking an increase of 3.72.
- For PBIT Margin (%), as of Mar 25, the value is 7.87. This value is below the healthy minimum of 10. It has increased from 4.86 (Mar 24) to 7.87, marking an increase of 3.01.
- For PBT Margin (%), as of Mar 25, the value is 4.90. This value is below the healthy minimum of 10. It has increased from 2.37 (Mar 24) to 4.90, marking an increase of 2.53.
- For Net Profit Margin (%), as of Mar 25, the value is 3.51. This value is below the healthy minimum of 5. It has increased from 1.92 (Mar 24) to 3.51, marking an increase of 1.59.
- For Return on Networth / Equity (%), as of Mar 25, the value is 9.27. This value is below the healthy minimum of 15. It has increased from 5.54 (Mar 24) to 9.27, marking an increase of 3.73.
- For Return on Capital Employeed (%), as of Mar 25, the value is 16.99. This value is within the healthy range. It has increased from 10.54 (Mar 24) to 16.99, marking an increase of 6.45.
- For Return On Assets (%), as of Mar 25, the value is 3.61. This value is below the healthy minimum of 5. It has increased from 2.22 (Mar 24) to 3.61, marking an increase of 1.39.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.13. This value is below the healthy minimum of 0.2. It has decreased from 0.23 (Mar 24) to 0.13, marking a decrease of 0.10.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.79. This value is within the healthy range. It has increased from 0.74 (Mar 24) to 0.79, marking an increase of 0.05.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.09. It has decreased from 1.15 (Mar 24) to 1.09, marking a decrease of 0.06.
- For Current Ratio (X), as of Mar 25, the value is 1.23. This value is below the healthy minimum of 1.5. It has decreased from 1.42 (Mar 24) to 1.23, marking a decrease of 0.19.
- For Quick Ratio (X), as of Mar 25, the value is 0.75. This value is below the healthy minimum of 1. It has decreased from 0.83 (Mar 24) to 0.75, marking a decrease of 0.08.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 4.18. This value is within the healthy range. It has increased from 3.75 (Mar 24) to 4.18, marking an increase of 0.43.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 13.12. This value is below the healthy minimum of 20. It has decreased from 23.98 (Mar 24) to 13.12, marking a decrease of 10.86.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 6.74. This value is below the healthy minimum of 20. It has decreased from 10.13 (Mar 24) to 6.74, marking a decrease of 3.39.
- For Earning Retention Ratio (%), as of Mar 25, the value is 86.88. This value exceeds the healthy maximum of 70. It has increased from 76.02 (Mar 24) to 86.88, marking an increase of 10.86.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 93.26. This value exceeds the healthy maximum of 70. It has increased from 89.87 (Mar 24) to 93.26, marking an increase of 3.39.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 3.77. This value is within the healthy range. It has increased from 3.01 (Mar 24) to 3.77, marking an increase of 0.76.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 2.18. This value is below the healthy minimum of 3. It has increased from 1.77 (Mar 24) to 2.18, marking an increase of 0.41.
- For Enterprise Value (Cr.), as of Mar 25, the value is 249.15. It has increased from 202.85 (Mar 24) to 249.15, marking an increase of 46.30.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.05. This value is within the healthy range. It has increased from 0.85 (Mar 24) to 1.05, marking an increase of 0.20.
- For EV / EBITDA (X), as of Mar 25, the value is 9.40. This value is within the healthy range. It has decreased from 11.44 (Mar 24) to 9.40, marking a decrease of 2.04.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.76. This value is below the healthy minimum of 1. It has increased from 0.62 (Mar 24) to 0.76, marking an increase of 0.14.
- For Retention Ratios (%), as of Mar 25, the value is 86.87. This value exceeds the healthy maximum of 70. It has increased from 76.01 (Mar 24) to 86.87, marking an increase of 10.86.
- For Price / BV (X), as of Mar 25, the value is 2.01. This value is within the healthy range. It has increased from 1.80 (Mar 24) to 2.01, marking an increase of 0.21.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.76. This value is below the healthy minimum of 1. It has increased from 0.62 (Mar 24) to 0.76, marking an increase of 0.14.
- For EarningsYield, as of Mar 25, the value is 0.04. This value is below the healthy minimum of 5. It has increased from 0.03 (Mar 24) to 0.04, marking an increase of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Kalyani Forge Ltd:
- Net Profit Margin: 3.51%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 16.99% (Industry Average ROCE: 10.77%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 9.27% (Industry Average ROE: 10.71%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 2.18
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.75
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 29.2 (Industry average Stock P/E: 76.81)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.79
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 3.51%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Forgings | Shangrila Gardens, �C� Wing, 1st Floor, Pune Maharashtra 411001 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mrs. Rohini G Kalyani | Executive Chairperson |
| Mr. Viraj G Kalyani | Managing Director & CFO |
| Mr. Abhijit Sen | Non Exe. & Ind. Director |
| Mr. Gaurishankar N Kalyani | Non Exe.Non Ind.Director |
| Mr. Ajay Tandon | Independent Director |
| Mr. Jeevan Mahaldar | Independent Director |
FAQ
What is the intrinsic value of Kalyani Forge Ltd?
Kalyani Forge Ltd's intrinsic value (as of 02 February 2026) is ₹694.25 which is 13.63% higher the current market price of ₹611.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹222 Cr. market cap, FY2025-2026 high/low of ₹890/488, reserves of ₹88 Cr, and liabilities of ₹259 Cr.
What is the Market Cap of Kalyani Forge Ltd?
The Market Cap of Kalyani Forge Ltd is 222 Cr..
What is the current Stock Price of Kalyani Forge Ltd as on 02 February 2026?
The current stock price of Kalyani Forge Ltd as on 02 February 2026 is ₹611.
What is the High / Low of Kalyani Forge Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Kalyani Forge Ltd stocks is ₹890/488.
What is the Stock P/E of Kalyani Forge Ltd?
The Stock P/E of Kalyani Forge Ltd is 29.2.
What is the Book Value of Kalyani Forge Ltd?
The Book Value of Kalyani Forge Ltd is 253.
What is the Dividend Yield of Kalyani Forge Ltd?
The Dividend Yield of Kalyani Forge Ltd is 0.65 %.
What is the ROCE of Kalyani Forge Ltd?
The ROCE of Kalyani Forge Ltd is 12.3 %.
What is the ROE of Kalyani Forge Ltd?
The ROE of Kalyani Forge Ltd is 9.77 %.
What is the Face Value of Kalyani Forge Ltd?
The Face Value of Kalyani Forge Ltd is 10.0.