Share Price and Basic Stock Data
Last Updated: January 2, 2026, 7:44 pm
| PEG Ratio | 1.56 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Kalyani Forge Ltd operates in the forging industry, focusing on high-quality components primarily for automotive and industrial applications. As of the latest reporting period, the company’s share price stood at ₹634, with a market capitalization of ₹231 Cr. Reported sales for FY 2025 were ₹237 Cr, reflecting a consistent revenue stream compared to ₹264 Cr in FY 2023. Quarterly sales figures have shown fluctuations, with a peak of ₹73.54 Cr in September 2022 and a decline to ₹56.74 Cr by June 2024. The company recorded total sales of ₹264 Cr in FY 2023, which marked an increase from previous years, although it faced a subsequent decrease in the following fiscal year. The sales momentum indicates challenges in sustaining growth in a competitive market. With 7,236 shareholders and a public shareholding of 41.24%, the company’s outreach to retail investors remains significant, enhancing its market visibility.
Profitability and Efficiency Metrics
Kalyani Forge’s profitability metrics present a mixed picture. The operating profit margin (OPM) for FY 2025 was reported at 10.79%, a notable increase from 4% in FY 2023, indicating improved operational efficiency. However, net profit declined to ₹8 Cr in FY 2025 from ₹9 Cr in FY 2023, highlighting challenges in translating operational gains into bottom-line growth. The interest coverage ratio (ICR) stood at 3.77x, reflecting the company’s capacity to meet interest obligations comfortably. Nevertheless, the return on equity (ROE) was reported at 9.77%, which is considered modest. The cash conversion cycle (CCC) was recorded at 144 days, suggesting potential inefficiencies in working capital management. The company has to enhance its operational efficiencies to convert sales growth into substantial profit growth, especially in a sector that generally operates on thinner margins.
Balance Sheet Strength and Financial Ratios
Kalyani Forge’s balance sheet reflects a conservative approach to leveraging, with total borrowings reported at ₹91 Cr against reserves of ₹88 Cr. The debt-to-equity ratio stood at 0.79, indicating a reasonable level of financial leverage in the context of its industry. The company reported a return on capital employed (ROCE) of 12.3%, which is competitive relative to industry averages. The book value per share was ₹246.46, showing a strong equity base that supports its operational needs. The current ratio of 1.23x indicates adequate liquidity to cover short-term obligations, while the quick ratio of 0.75x suggests potential liquidity constraints. Overall, while the balance sheet exhibits strength, the company must be vigilant regarding its debt levels and liquidity management to maintain financial stability.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Kalyani Forge indicates a stable ownership structure, with promoters holding 58.76% of the equity as of September 2025. This significant shareholding by promoters instills confidence among investors, reflecting their commitment to the company’s long-term growth. The public ownership stands at 41.24%, indicating a healthy retail investor base. The number of shareholders increased from 4,933 in December 2022 to 7,236 by September 2025, highlighting growing interest in the company. However, the absence of foreign institutional investors (FIIs) and domestic institutional investors (DIIs) could pose a risk to stock liquidity and price stability. The company must engage more actively with institutional investors to enhance its credibility and ability to attract larger investments.
Outlook, Risks, and Final Insight
Kalyani Forge’s outlook appears cautiously optimistic, given its operational improvements and solid market position in the forging sector. However, risks remain, particularly regarding revenue volatility, as indicated by fluctuating quarterly sales figures. The company’s dependency on the automotive sector exposes it to cyclical downturns, which could impact profitability. Additionally, with rising costs and inflationary pressures, maintaining margins could become challenging. Strengths include a solid balance sheet, effective management of interest obligations, and a stable promoter holding, which supports long-term strategic initiatives. To capitalize on growth opportunities, the company should enhance operational efficiencies and explore diversification strategies beyond its core markets. Engaging institutional investors could further bolster its financial standing and market perception.
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 | 11,185 Cr. | 1,186 | 1,193/716 | 41.2 | 208 | 0.25 % | 19.2 % | 15.5 % | 2.00 |
| EL Forge Ltd | 33.8 Cr. | 16.6 | 33.3/12.8 | 18.8 | 12.5 | 0.00 % | 11.2 % | 9.14 % | 10.0 |
| CIE Automotive India Ltd | 16,227 Cr. | 428 | 489/357 | 20.2 | 183 | 1.64 % | 16.6 % | 13.2 % | 10.0 |
| Amic Forging Ltd | 1,609 Cr. | 1,497 | 1,750/850 | 63.8 | 139 | 0.00 % | 27.9 % | 21.8 % | 10.0 |
| Amforge Industries Ltd | 10.5 Cr. | 7.30 | 11.0/6.51 | 25.6 | 9.20 | 0.00 % | 6.53 % | 3.72 % | 2.00 |
| Industry Average | 10,207.27 Cr | 424.97 | 79.51 | 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: 30.3 (Industry average Stock P/E: 79.51)
- 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 05 January 2026) is ₹602.94 which is 4.90% lower the current market price of ₹634.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹231 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 231 Cr..
What is the current Stock Price of Kalyani Forge Ltd as on 05 January 2026?
The current stock price of Kalyani Forge Ltd as on 05 January 2026 is ₹634.
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 30.3.
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 0.63 %.
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.