Debut Plus

₹135.6

▼ -4.4 -3.14%

10 Sept 2026

BSE Listed

ESM · ESM 1
What does ESM · ESM 1 mean?
BSE · Enhanced Surveillance Measure (ESM 1)ESM is the micro/small-cap ramp brake: it fires when a sub-₹1000cr stock's price variation is extreme versus its peer universe, or it's loss-making with a stretched valuation. Practical meaning: intraday speculation is shut off (Trade-for-Trade — every purchase must be taken to delivery), margins go to 100%, and at Stage II price discovery moves to periodic call auctions inside a 2% band.Criteria: Micro / small-cap companies (main-board market-cap below ₹500 cr) shortlisted on objective price parameters — high-low price variation, close-to-close price variation and standard deviation. Stage I = 100% margin + a ≤5% price band + Trade-for-Trade; Stage II = a 2% price band + periodic call auction.Exchange notice · 2026-07-08

Krishanveer Forge Limited (513369)

Volume: 1,631Avg Vol 1W: 2,368Avg Vol 1M: 1,44552W Range:₹106₹184
BSE www.kvforge.com AI Report
Key Ratios
Checked just now
Market Cap₹148 Cr
Current Price₹135.6
Previous Close₹140
High / Low (52w)₹184 / ₹106
Volume1,631
Avg Vol (1W)2,368
Avg Vol (1M)1,445
Stock P/E16.46
Book Value₹47.02
Dividend Yield2.14%
ROE18.05%
ROA16.5%
Revenue (TTM)—
Revenue Growth—
Profit Margin12.87%
Total Debt—
Shares Outstanding1 Cr
Face Value—
EPS (TTM)₹8.24
P/B2.88
Debt / Equity-0.06
50 DMA₹148.1
200 DMA₹136.75
Day change-3.14%
SurveillanceESM · ESM 1
Price Chart
₹135.6▼ 0.40% · 1Y
₹180₹1011.2L
2025-09-10
2026-09-10

20-day avg volume: 2K shares

Pros
  • Healthy return on equity of 18.1%.
  • Pays a dividend yield of 2.1%.
  • Company is almost debt-free.
  • Net profit is growing year over year.
Quarterly Results
MetricSept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Revenue₹20 Cr₹18 Cr₹20 Cr₹24 Cr₹21 Cr₹20 Cr₹24 Cr₹22 Cr
EBITDA₹2 Cr₹2 Cr₹2 Cr₹3 Cr₹3 Cr₹3 Cr₹4 Cr₹3 Cr
Net Profit₹1 Cr₹1 Cr₹1 Cr₹2 Cr₹2 Cr₹2 Cr₹6 Cr₹2 Cr
EPS————————
Profit & Loss (Annual)
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue₹55 Cr₹51 Cr₹41 Cr₹68 Cr₹82 Cr₹84 Cr₹84 Cr₹91 Cr
EBITDA₹6 Cr₹6 Cr₹5 Cr₹6 Cr₹3 Cr₹6 Cr₹8 Cr₹12 Cr
Net Profit₹2 Cr₹5 Cr₹4 Cr₹4 Cr₹2 Cr₹4 Cr₹6 Cr₹11 Cr
EPS1.94.183.273.431.53.655.1510.4
Balance Sheet
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets₹40 Cr₹43 Cr₹42 Cr₹52 Cr₹45 Cr₹52 Cr₹56 Cr₹68 Cr
Total Liabilities₹17 Cr₹17 Cr₹12 Cr₹18 Cr₹10 Cr₹13 Cr₹13 Cr₹17 Cr
Equity₹22 Cr₹27 Cr₹30 Cr₹34 Cr₹35 Cr₹39 Cr₹42 Cr₹51 Cr
Total Debt————————
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating₹6 Cr₹-3 Cr₹8 Cr₹2 Cr₹7 Cr₹5 Cr
Investing₹0 Cr₹0 Cr₹-1 Cr₹0 Cr₹-1 Cr₹-1 Cr
Financing₹-2 Cr₹0 Cr₹-1 Cr₹0 Cr₹-2 Cr₹-3 Cr
Free Cash Flow₹6 Cr₹-3 Cr₹8 Cr₹2 Cr₹7 Cr₹5 Cr
Shareholding
Promoter 72.47% Institutions 0% Public 27.53%
Efficiency & Working Capital
ROCE23%
Interest Coverage592.5
Dividend Payout—
Debtor Days92 d
Inventory Days29 d
Payable Days50 d
Cash Conversion Cycle71 d
Working Capital Days121 d
Shareholding Details

As of 2026-06-30

Promoter72.5%
FII0%
DII0%
Institutions0%
Public27.5%
Promoter Pledge0%
No. of Shareholders7,424
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters72.5%72.5%72.5%72.5%72.5%72.5%72.5%72.5%72.5%72.5%72.5%72.5%
FIIs0%0%0%0%0%0%0%0%0%0%0%0%
DIIs0%0%0%0%0%0%0%0%0%0%0%0%
Public27.5%27.5%27.5%27.5%27.5%27.5%27.5%27.5%27.5%27.5%27.5%27.5%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders6,6366,7797,0647,1137,4137,5307,5697,6827,5877,4197,3437,424
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202603————
Major Shareholders (>1%)
NameCategoryStakeShares
Western India Forgings Private LimitedShareholding of Promoter and Promoter Group65.8%72,00,618
Arun Krishankumar JindalShareholding of Promoter and Promoter Group6.6%7,26,623
Shubham Arun JindalShareholding of Promoter and Promoter Group0%100
Shruti Arun JindalShareholding of Promoter and Promoter Group0%51
Board of Directors
NameDesignationYear
Arun Krishankumar JindalChairman & Non Executive Dir.2026
Nitin RajoreE D & Wholetime Director2026
Ratanlal Tikaram GoelIndependent Non Exe. Director2026
Sudha SanthanamIndependent Non Exe. Director2026
Ravi KapoorIndependent Non Exe. Director2026
Vijeta Subhash KulkarniIndependent Non Exe. Director2026
Mahendra SamdoleCompany Sec. & Compli. Officer2026
Segments — Geography
RegionRevenueShare
Within India₹82 Cr97.9%
Outside India₹2 Cr2.1%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2026₹10131111
Corporate Actions
TypeDateValueRemark
forthcoming2026-09-11Dividend (3/- per share)Final
forthcoming2026-09-11Dividend—
dividend2026-09-11₹3 (30%)Final
forthcoming2026-08-05Board Meetings—
dividend2025-09-12₹2.5 (25%)Final
forthcoming—Book ClosureAGM
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
20250002024
2025000108
2025000104
Company Information
Incorporated1990
ChairmanArun Krishankumar Jindal
AuditorGokhale, Tanksale & Ghatpande
Investor Email[email protected]; [email protected]
🌐 www.kvforge.com ↗

📍 511 to 513 Global Square, SNo 247 14B Yerawada, Pune, Maharashtra, 411006

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