Kalyani Forge financials

Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹66.8cr+4.2% on Q1 FY26
Net profit
₹4.5cr+218.5% on Q1 FY26
EBITDA margin
15.9%+6.6 pts on Q1 FY26
EPS
₹12.31+218.1% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue66.864.1+4.2%
EBITDA10.65.9+78.5%
EBITDA margin15.9%9.3%+6.6 pts
Profit before tax6.22.0+203.8%
Net profit4.51.4+218.5%
EPS₹12.31₹3.87+218.1%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹66.8 crNet profit₹4.5 crNet margin6.7%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
261————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
0.20.21.00.91.0
10610671.660.938.2
366————
237235237237267
—−0.8%−0.1%−11.2%—
32.728.024.013.914.5
13.8%11.9%10.1%5.9%5.4%
22.218.516.17.63.3
12.49.38.34.63.6
5.2%4.0%3.5%1.9%1.4%
₹34.05₹25.60₹22.85₹12.51₹9.92
—+12.1%+82.7%+26.1%—
—7.525.210.0−2.5
—−33.1−24.3−26.00.0
−25.7−25.70.9−16.0−2.5
Open the chart

From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.

KALYANIFRG₹717.50

Kalyani Forge Limited

· Capital Goods & Defence
₹ CrorePeersHILTONSGILNELCASTSTEELCASHAPPYFORGEMcap ₹261 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————261.1
- Cash, Equiv & ST Investments1.00.91.00.20.2
+ Total Debt38.260.971.6105.6105.6
Enterprise Value————366.5
Revenue266.7236.8236.6234.6237.3
Growth %, YoY—-11.2-0.1-0.8—
EBITDA14.513.924.028.032.7
Margin %5.425.8510.1411.9313.77
EBIT3.37.616.118.522.2
Net Income3.64.68.39.312.4
Margin %1.351.923.513.975.22
EPS, Adj (current shares)9.9212.5122.8525.6034.05
Growth %, YoY—+26.1+82.7+12.1—
Cash from Operations-2.510.025.27.5—
Capital Expenditures-0.0-26.0-24.3-33.1—
Free Cash Flow-2.5-16.00.9-25.7-25.7
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · StandaloneFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Kalyani Forge financials and key ratios

Prices at the 30 October 2026 close · figures from the company's filings with NSE

Kalyani Forge (NSE: KALYANIFRG) had a market capitalisation of ₹296 crore at the 30 October 2026 close (₹814.65 a share), a PE ratio of 23.9 on the last four quarters' profit and a price-to-book ratio of 3.10. In FY26 its consolidated net profit was ₹9.3 crore on revenue of ₹235 crore; in Q1 FY27 (April–June 2026) it was ₹4.5 crore, up 218.5% year on year. Its debt-to-equity ratio was 1.11 on 31 March 2026. Promoters held 58.76% of the shares on 30 September 2026.

Kalyani Forge Q1 FY27 results
filed 11 August 2026
Share price used
₹814.65 · 30 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

Kalyani Forge at a glance · consolidated

Market cap
₹296 Crat ₹814.65 · 30 Oct close
PE ratio (last 4 quarters)
23.931.8 on FY26 profit
Price to book (PB)
3.10book value ₹262.56 a share
ROE (FY26)
10.1%+0.4 pts vs FY25ROCE 14.8%
Debt to equity
1.11net debt ₹103 Cr
Promoter holding
58.76%unchanged vs 30 Jun 202630 September 2026
Dividend yield
0.49%₹4 a share in 12 months
Net worth
₹95.5 Cr+6.5% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
−₹25.7 Cr

Questions

What is the Kalyani Forge PE ratio today?

Kalyani Forge's PE ratio is 23.9 at the 30 October 2026 close (₹814.65 a share): a market capitalisation of ₹296 crore divided by consolidated net profit of ₹12.4 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹9.3 crore) it is 31.8.

What is the Kalyani Forge debt to equity ratio?

Kalyani Forge's debt-to-equity ratio was 1.11 on 31 March 2026: borrowings of ₹106 crore against total equity of ₹95.5 crore. A year earlier, on 31 March 2025, it was 0.80.

What is the Kalyani Forge net worth?

Kalyani Forge's net worth — shareholders' equity in its consolidated balance sheet — was ₹95.5 crore on 31 March 2026, up 6.5% from ₹89.7 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹296 crore at the 30 October 2026 close.

What is the Kalyani Forge PB ratio (price to book value)?

Kalyani Forge's price-to-book (PB) ratio is 3.10 at the 30 October 2026 close: a market capitalisation of ₹296 crore divided by shareholders' equity (book value) of ₹95.5 crore on 31 March 2026. That is a book value of ₹262.56 per share against a share price of ₹814.65.

What is the Kalyani Forge ROE and ROCE?

In FY26, Kalyani Forge's return on equity (ROE) was 10.1% and its return on capital employed (ROCE) was 14.8%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 9.7% and ROCE 14.7%.

What is the Kalyani Forge book value per share?

Kalyani Forge's book value per share was ₹262.56 on 31 March 2026: shareholders' equity of ₹95.5 crore divided by the 36.39 lakh shares in issue, up 6.5% from ₹246.46 a year earlier. The share price at the 30 October 2026 close was ₹814.65.

What is the Kalyani Forge market cap?

Kalyani Forge's market capitalisation was ₹296 crore at the 30 October 2026 close: 36.39 lakh shares at ₹814.65 each.

What is the Kalyani Forge EPS?

Kalyani Forge's basic earnings per share (EPS) were ₹25.60 in FY26, against ₹22.86 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹34.06.

What is the Kalyani Forge dividend in 2026 and its record date?

In 2026, Kalyani Forge has declared one dividend: ₹4 with record date 21 August 2026.

Is Kalyani Forge debt free?

No. Kalyani Forge had borrowings of ₹106 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 1.11. Its cash and current investments were ₹2.3 crore, so its net debt was ₹103 crore.

What is the Kalyani Forge dividend yield?

Kalyani Forge's dividend yield is 0.49% at the 30 October 2026 close: dividends of ₹4 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹814.65. They were ₹4 on 21 August 2026.

What is the Kalyani Forge promoter holding?

Promoters held 58.76% of Kalyani Forge on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.

What is the Kalyani Forge shareholding pattern?

On 30 September 2026, Kalyani Forge's shares were held by promoters 58.76%, domestic institutions (DII) 0.56% and retail and other non-institutional investors 40.68%.

What is the Kalyani Forge free cash flow?

In FY26, Kalyani Forge generated ₹7.5 crore of cash from operations and spent ₹33.1 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹25.7 crore. In FY25 it was ₹86 lakh.

What are the Kalyani Forge latest quarterly results?

Kalyani Forge's latest results are for Q1 FY27 (April–June 2026), filed on 11 August 2026: consolidated net profit ₹4.5 crore, up 218.5% from ₹1.4 crore in Q1 FY26; revenue from operations ₹66.8 crore, up 4.2% year on year.

What is the Kalyani Forge revenue and profit in FY26?

In FY26 (April 2025–March 2026), Kalyani Forge's consolidated net profit was ₹9.3 crore, up 12.1% from ₹8.3 crore in FY25, on revenue from operations of ₹235 crore (down 0.8%). Over three years, from FY23, net profit was up 158.2%.

When are the Kalyani Forge next results?

Kalyani Forge has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.

How does the Kalyani Forge PE ratio compare with its peers?

At the 30 October 2026 closing prices, on FY26 net profit, Kalyani Forge's PE ratio is 31.8, the second highest of the four: Hilton Metal Forging 23.6, Synergy Green Industries 185.8 and Nelcast 23.8, a peer average of 77.8. Each is the company's market capitalisation at that price divided by its FY26 net profit.

How does Kalyani Forge compare with its peers?

On FY26 consolidated figures, against Hilton Metal Forging, Synergy Green Industries and Nelcast: Kalyani Forge's operating margin of 7.9% is the highest of the four (Hilton Metal Forging 3.9%, Synergy Green Industries 5.2%, Nelcast 6.3%; peer average 5.1%); its return on equity of 10.1% is the highest of the four (Hilton Metal Forging 2.6%, Synergy Green Industries 4.2%, Nelcast 8.4%; peer average 5.1%).

Kalyani Forge vs Hilton Metal Forging: how do they compare?

In FY26, Kalyani Forge earned net profit of ₹9.3 crore on revenue of ₹235 crore, against ₹3.4 crore on ₹230 crore for Hilton Metal Forging. Kalyani Forge's operating margin was 7.9% (Hilton Metal Forging 3.9%) and its return on equity 10.1% (Hilton Metal Forging 2.6%). At the 30 October 2026 close, Kalyani Forge's market capitalisation was ₹296 crore against ₹81.4 crore for Hilton Metal Forging, and its PE ratio on FY26 profit 31.8 against 23.6.

Where do these Kalyani Forge figures come from?

From Kalyani Forge's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.