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Kalyani Forge Ltd logo

Kalyani Forge Ltd

NSE: KALYANIFRG BSE: 513509

618.70

(-1.60%)

Tue, 03 Mar 2026, 04:50 pm

Kalyani Forge Share Price Live Chart

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Summary

  • Market Cap

    225.99

  • Net Profit

    8.31

  • P/B

    2.01

  • Sector P/E

    42.10

  • P/E

    21.71

  • EV/EBITDA

    9.40

  • Debt/Equity (Industry)

    1.24

  • Interest Cover (Industry)

    4.57

  • ROCE (Industry)

    13.38

  • RONW (Industry)

    18.12

  • ROE

    9.68

  • ROCE

    11.66

  • Debt/Equity

    0.77

  • EPS (TTM)

    15.56

  • Dividend Yield

    0.64

  • Book Value

    252.80

  • Interest Cover

    2.65

Analysis

all

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Pros

  • Dividends per share have increased over the past 10 years.
  • Kalyani Forge's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
  • Kalyani Forge is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Kalyani Forge has been profitable on average in the past, therefore cash runway is not a concern.
  • Kalyani Forge has been profitable on average in the past, therefore cash runway is not a concern.
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Cons

  • The company is paying a dividend however it is incurring a loss.
  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Kalyani Forge's dividend is below the markets top 25% of dividend payers in India (3.08%).
  • Kalyani Forge is making a loss, therefore interest payments are not well covered by earnings.
  • High level of physical assets or inventory.

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Financials

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Ratios

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Shareholding

ShareholdersDEC 2025SEPT 2025JUN 2025MAR 2025DEC 2024
Promoters58.7658.7658.7358.7158.71
FII000.0000
DII00000
Public41.2441.2441.2641.2941.29
Government00000

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Technical Analysis

RSI

43.22

MACD

2.29

50 DMA

619.20

200 DMA

688.76

Support and Resistance

TypeR3R2R1PPS1S2S3
Classic941.13795.03706.87648.93560.77502.83356.73
Fibonacci795.03739.22704.74648.93593.12558.64502.83
Camarilla658.88645.49632.09648.93605.31591.92578.52

Pivots Level: Classic

R3

+292.20

941.13

R2

+146.10

795.03

R1

+57.93

706.87

648.93
648.93
Pivot Point
LTP: 606.15

S1

-88.17

560.77

S2

-146.10

502.83

S3

-292.20

356.73

Moving Average

SMAEMA

Period

Value

  • 10-EMA

    628.63

  • 20-EMA

    628.12

  • 30-EMA

    626.63

  • 50-EMA

    629.46

  • 100-EMA

    644.04

  • 200-EMA

    650.49

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Corporate Actions

Announcement DatePurposeActionEx Date
11 Feb 2026board-meetingsQuarterly Results
08 Aug 2025agm
22 Jul 2025dividendDividend - Rs. - 422 Aug 2025
27 May 2025dividend₹4.00 Dividend /Share22 Aug 2025
16 Sept 2024agm
20 Aug 2024dividendAnnual General Meeting/Dividend - Rs 3 Per Share21 Sept 2024
30 May 2024dividend₹3.00 Dividend /Share21 Sept 2024
13 Aug 2023dividendAnnual General Meeting/Dividend - Rs 3 Per Share14 Sept 2023
30 May 2023agm
30 May 2023dividend₹3.00 Dividend /Share14 Sept 2023

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Peer Comparison

Kalyani Forge Ltd logo

Kalyani Forge Ltd

AIA Engineering Ltd logo

AIA Engineering Ltd

PTC Industries Ltd logo

PTC Industries Ltd

Happy Forgings Ltd logo

Happy Forgings Ltd

CIE Automotive India Ltd logo

CIE Automotive India Ltd

Bharat Forge Ltd logo

Bharat Forge Ltd

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Kalyani Forge Ltd About

Kalyani Forge is engaged in engineering and manufacturing of connecting rods, forgings, crank shaft, cam shaft, retainer valve, injector clamp, balance weight and many more. The Company has 4 manufacturing facilities at Koregaon Bhima, Shirur Pune. The Company has hot forging, cold forging, machining, die manufacturing facilities at the plant.

Industry

Castings & Forgings

Founded

1979

Headquarters

CEO

Rohini Gaurishankar Kalyani

Employees

Contact

Website icon

Website

http://www.kalyaniforge.co.in

Email icon

Email

companysecretary@kforge.com

Phone icon

Phone

91-2137-252335/252755

Location icon

Location

Shangrila Gardens 1st Floor, C Wing Opp Bund Garden, Pune, Maharashtra, 411001

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Kalyani Forge Ltd Company History

YearHistory
2010
  • The Company entered into a technology transfer alliance with ZenoTech Corp. Japan
  • The Company recommended dividend of Rs 1.8 per equity share.
2011
  • The Company recommended dividend of Rs. 2 per share.
2012
  • The Company recommended a Final Dividend of Rs. 2.50 per Equity Share of Rs. 10 each.
2013
  • Kalyani Forge Ltd recommended a final dividend of Rs. 2.50 per Equity share of Rs. 10 each.
  • Mr. Viraj G. Kalyani was appointed as an additional director of the Company.
  • Rohini G Kalyani was appointed as Chairperson & Managing Director of Kalyani Forge.
2014
  • Kalyani Forge Ltd recommended a final dividend of Rs. 2.5 per Equity Share of Rs. 10 each.

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Deals

Client NameOrder SideQTYAvg PriceDate
AMRIT STEELS PRIVATE LIMITEDSell20200340.305 Jul 2017
AMRIT STEEL PRIVATE LIMITEDBuy2500029812 Aug 2015
DELHI IRON & STEEL COMPANY PVT LTDSell2500029812 Aug 2015
AMRUT STEEL P.LTD.Sell18481123.5515 Sept 2009
DELHI IRON & STEEL P.LTD.Buy18500123.5515 Sept 2009
AMRUT STEEL P.LTD.Buy18485125.1225 Aug 2009
B.K.KHULLAR & CO.Sell20000120.921 Aug 2009
AMRUT STEEL P.LTD.Buy20000120.921 Aug 2009
B.K.KHULLAR & CO.Sell25000122.9519 Aug 2009
AMRUT STEEL P.LTD.Buy25000122.9519 Aug 2009

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Kalyani Forge Ltd News

Kalyani Forge Company Secretary Resigns

Kalyani Forge Limited announces resignation of Company Secretary and Compliance Officer Ms. Aishwarya Parwal effective February 21, 2026, due to relocation and personal reasons.

21 Feb 2026

stocks

Kalyani Forge Q3FY26 Results & CFO Appointment

Kalyani Forge reported Q3FY26 results with revenue of ₹5,786.32 lakhs, posted net loss of ₹11.90 lakhs, and appointed Jagdish Baheti as new CFO effective February 11, 2026.

11 Feb 2026

co actions results

Kalyanforge Reports Q2 FY26 Results with Improved Margins Despite US Tariff Impact

Kalyanforge Limited reported total income of Rs 56.23 crores for Q2 FY26, down from previous levels due to US tariff-related export reductions, while PAT increased to Rs 2.15 crores and EBITDA margin improved to 12.6%. The company maintained profitability through cost control measures, won new MNC customer orders worth Rs 5-10 crores annually in the Axle business, and commissioned Rs 7 crores of CapEx projects while strengthening governance and compliance systems.

20 Nov 2025

corporate governance

Kalyani Forge Reports 53% PAT Margin Improvement Despite Export Challenges in Q2FY26

Kalyani Forge Limited held an investor conference call presenting quarterly results showing improved profitability despite reduced US exports due to tariff-related issues. The company achieved a 53% improvement in PAT margin from the previous quarter and EBITDA margin growth to 13% through cost control measures and operational efficiency improvements. Domestic sales maintained momentum following post-GST cuts, while export sales currently represent 20% of total sales. The company successfully ramped up high-volume, non-auto export business in the USA and commenced Europe transmission business consignments. New business developments included acquiring a new MNC customer in the axle business and order wins worth Rs. 95.47 crores. The company completed Rs. 7 crores of projects from capital work in progress, with 58% of the capex program in process or completed. Vriddhi Council strategic projects delivered gains and savings worth Rs. 17 crores. The company implemented clean audit review actions, new ERP controls, and compliance software while improving Internal Financial Controls scores.

13 Nov 2025

earnings

Kalyani Forge Appoints New Independent Director, Reports Quarterly Results with Auditor Disclaimers

Kalyani Forge Limited's Board approved the appointment of Mr. Vishwanathan Swaminathan as Additional Independent Director for five years, effective November 12, 2025, subject to shareholder approval. He will assume committee positions held by Mr. Abhijit Sen upon the latter's retirement on February 2, 2026. The company reported unaudited financial results for the quarter and half-year ended September 30, 2025, showing profit before tax of ₹429.25 lakhs for the half-year compared to ₹617.51 lakhs in the previous year. However, statutory auditors M.P. Chitale & Co. issued a disclaimer opinion citing concerns over stock valuation methodology refinement, pending reconciliations of trade receivables and payables, inadequate documentation of internal financial controls, and GST balance reconciliation issues. The Board also adopted new policies on materiality and related party transactions.

13 Nov 2025

corporate governance

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800