₹620.1
▲ +5.96 +0.97%
17 Jul 2026
NSE Listed
Kalyani Forge Limited (KALYANIFRG)
20-day avg volume: 1K shares
- Company is almost debt-free.
- Revenue grew 12% YoY.
- Company is loss-making at the latest annual result.
| Metric | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹57 Cr | ₹62 Cr | ₹59 Cr | ₹59 Cr | ₹64 Cr | ₹56 Cr | ₹58 Cr | ₹57 Cr |
| EBITDA | ₹3 Cr | ₹6 Cr | ₹5 Cr | ₹5 Cr | ₹4 Cr | ₹5 Cr | ₹7 Cr | ₹6 Cr |
| Net Profit | ₹0 Cr | ₹4 Cr | ₹2 Cr | ₹2 Cr | ₹1 Cr | ₹2 Cr | ₹0 Cr | ₹6 Cr |
| EPS | — | — | — | — | — | — | — | — |
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹266 Cr | ₹293 Cr | ₹204 Cr | ₹182 Cr | ₹248 Cr | ₹273 Cr | ₹241 Cr | ₹239 Cr |
| EBITDA | ₹16 Cr | ₹17 Cr | ₹-3 Cr | ₹1 Cr | ₹8 Cr | ₹6 Cr | ₹12 Cr | ₹19 Cr |
| Net Profit | ₹7 Cr | ₹7 Cr | ₹-7 Cr | ₹-2 Cr | ₹3 Cr | ₹0 Cr | ₹5 Cr | ₹8 Cr |
| EPS | 18.04 | 19.14 | -19.04 | -4.84 | 8.61 | -0.5 | 12.51 | 22.86 |
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹227 Cr | ₹184 Cr | ₹183 Cr | ₹183 Cr | ₹181 Cr | ₹205 Cr | ₹230 Cr | ₹251 Cr |
| Total Liabilities | ₹115 Cr | ₹82 Cr | ₹83 Cr | ₹81 Cr | ₹103 Cr | ₹123 Cr | ₹141 Cr | ₹156 Cr |
| Equity | ₹112 Cr | ₹102 Cr | ₹100 Cr | ₹103 Cr | ₹78 Cr | ₹82 Cr | ₹90 Cr | ₹96 Cr |
| Total Debt | — | — | — | — | — | — | — | ₹106 Cr |
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Operating | ₹7 Cr | ₹13 Cr | ₹-1 Cr | ₹12 Cr | ₹22 Cr | ₹7 Cr |
| Investing | ₹-1 Cr | ₹-4 Cr | ₹-6 Cr | ₹-26 Cr | ₹-24 Cr | ₹-33 Cr |
| Financing | ₹-7 Cr | ₹-5 Cr | ₹8 Cr | ₹16 Cr | ₹3 Cr | ₹25 Cr |
| Free Cash Flow | ₹7 Cr | ₹13 Cr | ₹-1 Cr | ₹12 Cr | ₹22 Cr | ₹-26 Cr |
Consumer Cyclical · Auto Parts
Kalyani Forge Limited, an engineering company, manufactures and sells forged, machined, and assembled products in India. The company offers engine components, including connecting rod, crank and cam shafts, retainer and cross head valves, injector clamp, rocker arm, balance weight, cam lobe, and others; driveline parts, such as tulips, inner and outer race, tripod, spider, yoke shaft, double yoke, and gear blanks; and axle products for chassis systems, including idler and control arms, FS arms, brackets, stub, steering knuckle, front and rear axle parts, wheel hub, and others. It also provides turbo charger parts; transmission forged and machined components; warm and cold forged parts, such as fluid flywheel and wet double clutch; and industrial cold and hot forged parts for use in power tools, conveyors, compressors, and others. In addition, the company offers hot, cold, and warm forging; precision machining and finishing; heat treatment; die manufacturing; testing and inspection; engineering; and logistic services. It serves various industries, such as automotive; construction, mining, and infrastructure; power generation; marine; railways; agricultural; general industrial goods; and electric mobility. The company also exports its products to Europe, Japan, and the United States. Kalyani Forge Limited was incorporated in 1979 and is based in Pune, India.
kalyaniforge.com ↗As of 2026-03-31
Quarterly — figures in %. Latest 12 quarters.
| Period | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 58.7% | 58.7% | 58.7% | 58.7% | 58.7% | 58.7% | 58.7% | 58.7% | 58.7% | 58.8% | 58.8% | 58.8% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 41.3% | 41.3% | 41.3% | 41.3% | 41.3% | 41.3% | 41.3% | 41.3% | 41.3% | 41.2% | 41.2% | 41.2% |
| Promoter Pledge | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| No. of Shareholders | 4,949 | 5,596 | 5,530 | 5,878 | 6,571 | 6,677 | 6,550 | 6,476 | 7,081 | 7,236 | 7,281 | 7,342 |
| Period | ROE | ROCE | ROA | P/E |
|---|---|---|---|---|
| 202503 | — | — | — | — |
| Name | Category | Stake | Shares |
|---|---|---|---|
| Bf Investment Limited | Public Shareholding | 15.7% | 5,69,600 |
| Kalyani Consultants Pvt.ltd. | Shareholding of Promoter and Promoter Group | 10.4% | 3,77,280 |
| Vakratund Investment Pvt Ltd. | Shareholding of Promoter and Promoter Group | 9.4% | 3,42,342 |
| Pax Investments Pvt Ltd | Shareholding of Promoter and Promoter Group | 9.4% | 3,40,074 |
| Squirrel Financers And Investors Pvt Ltd | Shareholding of Promoter and Promoter Group | 5.1% | 1,86,480 |
| Bellona Investment Pvt Ltd | Shareholding of Promoter and Promoter Group | 4.8% | 1,73,124 |
| Kalyani Exports & Investments Pvt.ltd | Shareholding of Promoter and Promoter Group | 2.6% | 95,600 |
| Attila Investment Pvt Ltd | Shareholding of Promoter and Promoter Group | 2.6% | 94,500 |
| Monte Carlo Investment Private Limited | Shareholding of Promoter and Promoter Group | 2.6% | 94,500 |
| Vikat Investment Pvt Ltd | Shareholding of Promoter and Promoter Group | 1.8% | 65,520 |
| Dukhaharta Investment Pvt Ltd | Shareholding of Promoter and Promoter Group | 1.8% | 64,260 |
| Sukhakarta Investment Pvt Ltd | Shareholding of Promoter and Promoter Group | 1.8% | 64,260 |
| Gaurishankar Neelkanth Kalyani | Shareholding of Promoter and Promoter Group | 1.3% | 47,020 |
| Viraj Gaurishankar Kalyani | Shareholding of Promoter and Promoter Group | 1.1% | 38,678 |
| Agasti Investment & Trading Private Limited | Shareholding of Promoter and Promoter Group | 1% | 35,280 |
| Rohini Gaurishankar Kalyani | Shareholding of Promoter and Promoter Group | 0.9% | 32,236 |
| Sheetal Gaurishankar Kalyani | Shareholding of Promoter and Promoter Group | 0.9% | 31,635 |
| Rajgad Trading Company Pvt.ltd. | Shareholding of Promoter and Promoter Group | 0.8% | 28,200 |
| Aboli Investment Pvt Ltd | Shareholding of Promoter and Promoter Group | 0.7% | 26,500 |
| Jannhavi Investment Private Limited | Shareholding of Promoter and Promoter Group | 0% | 200 |
| Holder | Pledged Shares | % of Holding | As of |
|---|---|---|---|
| Gaurishankar Neelkanth Kalyani | 0 | 0% | 2026-03-31 |
| Viraj Gaurishankar Kalyani | 0 | 0% | 2026-03-31 |
| Rohini Gaurishankar Kalyani | 0 | 0% | 2026-03-31 |
| Sheetal Gaurishankar Kalyani | 0 | 0% | 2026-03-31 |
| Kalyani Consultants Pvt.ltd. | 0 | 0% | 2026-03-31 |
| Vakratund Investment Pvt Ltd. | 0 | 0% | 2026-03-31 |
| Pax Investments Pvt Ltd | 0 | 0% | 2026-03-31 |
| Squirrel Financers And Investors Pvt Ltd | 0 | 0% | 2026-03-31 |
| Bellona Investment Pvt Ltd | 0 | 0% | 2026-03-31 |
| Kalyani Exports & Investments Pvt.ltd | 0 | 0% | 2026-03-31 |
| Attila Investment Pvt Ltd | 0 | 0% | 2026-03-31 |
| Monte Carlo Investment Private Limited | 0 | 0% | 2026-03-31 |
| Name | Designation | Year |
|---|---|---|
| Rohini Gaurishankar Kalyani | Chairperson | 2025 |
| G N Kalyani | Non-Exec & Non-Independent Dir | 2025 |
| VIRAJ GAURISHANKAR KALYANI | Executive Director & MD | 2025 |
| Ajay Tandon | Independent Non Exe. Director | 2025 |
| Abhijit Sen | Independent Non Exe. Director | 2025 |
| Jeevan Mahaldar. | Independent Non Exe. Director | 2025 |
| Segment | Revenue | Share |
|---|---|---|
| Forgings | ₹0 Cr | — |
| Year | Face Value | Authorised | Issued | Paid-up |
|---|---|---|---|---|
| 2025 | ₹10 | 8 | 4 | 4 |
| Type | Date | Value | Remark |
|---|---|---|---|
| dividend | 2025-08-22 | ₹4 (40%) | Final |
| Year | Subsidiaries | Associates | JV | KMP | Others | Total |
|---|---|---|---|---|---|---|
| 2025 | 0 | 0 | 0 | 1 | 13 | 14 |
| 2025 | 0 | 0 | 0 | 0 | 7 | 7 |
| 2025 | 0 | 0 | 0 | 0 | 0 | 0 |
📍 Shangrila Gardens 1st Floor, C Wing Opp Bund Garden, Pune, Maharashtra, 411001
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