Kalyani Forge Ltd. · CashKonnect

About

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.

Key Metrics

as of Sep 2026

Market Cap394 Cr

P/E31.80

Div Yield0.37 %

Book Value₹263.00

52w High₹1,193.00

52w Low₹504.00

Face Value₹10.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	66.80	56.98	57.86	55.67	64.13	58.95	58.62	62.33	56.74	56.82	59.70	60.91	59.35
Expenses	56.19	50.25	49.10	49.12	58.18	52.59	52.54	54.56	52.93	55.65	56.81	56.22	54.24
Operating Profit	10.61	6.73	8.76	6.55	5.95	6.36	6.08	7.77	3.81	1.17	2.89	4.69	5.11
OPM %	15.88	11.81	15.14	11.77	9.28	10.79	10.37	12.47	6.71	2.06	4.84	7.70	8.61
Other Income	0.28	2.27	0.36	0.56	0.39	0.38	0.75	0.52	0.86	1.21	1.76	1.08	0.32
Depreciation	3.01	2.63	2.46	2.41	2.04	2.04	2.08	1.91	1.84	-0.29	1.25	2.72	2.53
Interest	1.73	0.24	2.71	2.43	2.27	2.06	1.96	1.58	1.45	1.49	1.75	1.45	1.21
Profit before tax	6.15	6.13	3.95	2.27	2.03	2.64	2.79	4.80	1.38	1.18	1.65	1.60	1.69
Tax %	27.15	4.08	103.04	5.29	30.54	15.91	34.77	18.33	74.64	40.68	7.88	18.12	39.05
Net Profit	4.48	5.88	-0.12	2.15	1.41	2.23	1.82	3.92	0.35	0.71	1.51	1.30	1.03
EPS in Rs	12.31	16.16	-0.33	5.91	3.88	6.13	5.00	10.78	0.96	1.95	4.15	3.57	2.83

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	235.00	237.00	237.00	264.00	246.00	181.00	201.00	286.00	259.00	227.00	231.00	241.00
Expenses	207.00	213.00	223.00	254.00	228.00	168.00	193.00	261.00	237.00	212.00	215.00	226.00
Operating Profit	28.00	24.00	14.00	11.00	19.00	13.00	8.00	26.00	22.00	15.00	16.00	14.00
OPM %	12.00	10.00	6.00	4.00	8.00	7.00	4.20	9.00	8.00	7.00	7.00	6.00
Other Income	4.00	3.00	4.00	5.00	1.00	1.00	3.00	6.00	7.00	5.00	3.00	2.00
Interest	8.00	7.00	6.00	3.00	4.00	3.00	5.00	8.00	6.00	4.00	5.00	6.00
Depreciation	10.00	8.00	6.00	11.00	12.00	13.00	14.00	15.00	13.00	10.00	12.00	13.00
Profit before tax	14.00	12.00	6.00	1.00	4.00	-2.00	-8.00	10.00	9.00	5.00	2.00	-3.00
Tax %	35.00	28.00	19.00	113.00	22.00	-15.00	-15.00	28.00	29.00	33.00	46.00	-24.00
Net Profit	9.00	8.00	5.00	0.00	3.00	-2.00	-7.00	7.00	7.00	3.00	1.00	-2.00
EPS in Rs	25.62	22.84	12.51	-0.49	8.60	-4.84	-19.05	19.13	18.03	9.57	3.02	-6.21
Dividend Payout %	16.00	18.00	24.00	-607.00	35.00	-31.00	-5.00	21.00	19.00	21.00	66.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00
Reserves	92.00	86.00	78.00	74.00	99.00	97.00	98.00	108.00	103.00	98.00	94.00	94.00
Borrowings	106.00	72.00	61.00	38.00	26.00	27.00	31.00	47.00	63.00	63.00	41.00	47.00
Other Liabilities	50.00	69.00	62.00	65.00	54.00	56.00	51.00	69.00	65.00	71.00	60.00	57.00
Total Liabilities	251.00	230.00	205.00	181.00	183.00	183.00	184.00	227.00	235.00	236.00	199.00	201.00
Fixed Assets	90.00	61.00	56.00	39.00	44.00	53.00	65.00	78.00	84.00	60.00	64.00	61.00
CWIP	10.00	15.00	5.00	3.00	2.00	1.00	1.00	0.00	5.00	30.00	8.00	17.00
Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	152.00	154.00	143.00	138.00	137.00	129.00	118.00	148.00	146.00	147.00	127.00	123.00
Total Assets	251.00	230.00	205.00	181.00	183.00	183.00	184.00	227.00	235.00	236.00	199.00	201.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	7.00	22.00	10.00	-2.00	11.00	7.00	24.00	30.00	12.00	15.00	19.00	25.00
Cash from Investing Activity	-33.00	-24.00	-26.00	-6.00	-4.00	-1.00	-1.00	-7.00	-2.00	-41.00	-5.00	-2.00
Cash from Financing Activity	25.00	3.00	16.00	8.00	-5.00	-7.00	-23.00	-25.00	-8.00	19.00	-11.00	-20.00
Net Cash Flow	-1.00	0.00	0.00	-1.00	2.00	-1.00	0.00	-2.00	2.00	-7.00	3.00	3.00
Free Cash Flow	-26.00	-3.00	-16.00	-8.00	7.00	6.00	23.00	23.00	10.00	-26.00	14.00	24.00
CFO/OP %	37.00	92.00	89.00	-8.00	68.00	58.00	304.00	114.00	68.00	118.00	128.00	186.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	160.00	125.00	95.00	103.00	108.00	135.00	103.00	96.00	99.00	99.00	98.00	92.00
Inventory Days	129.00	186.00	180.00	114.00	135.00	178.00	143.00	123.00	139.00	156.00	117.00	96.00
Days Payable	104.00	166.00	146.00	107.00	95.00	141.00	123.00	122.00	143.00	146.00	128.00	118.00
Cash Conversion Cycle	185.00	144.00	129.00	110.00	148.00	172.00	123.00	97.00	94.00	109.00	87.00	70.00
Working Capital Days	52.00	38.00	53.00	44.00	74.00	85.00	53.00	42.00	36.00	18.00	29.00	34.00
ROCE %	12.00	12.00	9.00	4.00	6.00	1.00	-2.00	10.00	9.00	6.00	5.00	2.00

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	58.76	58.76	58.76	58.76	58.73	58.71	58.71	58.71	58.70	58.71	58.71	58.71
Public	41.23	41.23	41.24	41.24	41.26	41.29	41.29	41.30	41.30	41.29	41.29	41.28
No. of Shareholders	7,424	7,342	7,281	7,236	7,081	6,476	6,550	6,677	6,571	5,878	5,530	5,596

Corporate Actions

21 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Dividend	21 Aug 2026	21 Aug 2026	—	4.00
Dividend	22 Aug 2025	22 Aug 2025	—	4.00
Dividend	20 Sep 2024	—	—	3.00
Dividend	13 Sep 2023	—	—	3.00
Dividend	10 Aug 2022	—	—	3.00
Dividend	05 Aug 2021	—	—	1.50
Dividend	17 Sep 2020	—	—	1.00
Dividend	17 Jul 2019	—	—	4.00
Dividend	19 Jul 2018	—	—	3.50
Dividend	17 Jul 2017	—	—	3.00
Dividend	21 Jul 2016	—	—	2.00
Other	27 Aug 2015	—	—	—	Annual General Meeting
Dividend	09 Sep 2014	—	—	2.50
Dividend	20 Jun 2013	—	—	2.50
Dividend	12 Jul 2012	—	—	2.50
Dividend	14 Jul 2011	—	—	2.00
Dividend	08 Jul 2010	—	—	1.80
Dividend	29 Jun 2009	—	—	1.20
Dividend	28 Aug 2008	—	—	2.20
Dividend	30 Aug 2007	—	—	2.20
Dividend	30 Oct 2003	—	—	1.50

Announcements

5 filings

Announcement under Regulation 30 (LODR)-Newspaper Publication
02 Sep 2026 2 Sep - Intimation of Newspaper Publication of 47th AGM Notice and E-voting
Announcement Under Regulation 30 Of SEBI LODR Regulations, 2015
02 Sep 2026 2 Sep - 47th AGM on September 21, 2026; FY2025-26 annual report link, dividend TDS and KYC reminder.
Announcement Under Regulation 30 Of SEBI LODR Regulations, 2015
02 Sep 2026 2 Sep - Kalyani Forge clarifies recent share price rise is market-driven, with no undisclosed information.
Clarification sought from Kalyani Forge Ltd
02 Sep 2026 2 Sep - Exchange has sought clarification from Kalyani Forge Ltd on September 02, 2026, with reference to Movement in Price.
Reg. 34 (1) Annual Report. 31 Aug
31 Aug 2026