Kalyani Forge

Has Kalyani Forge declared dividend?

Kalyani Forge Ltd has declared a 30% dividend, amounting to ₹3 per share, with an ex-date of September 20, 2024. The company has shown strong total returns across various periods, with a modest dividend yield of 0.42%.

Kalyani Forge Ltd has declared a 30% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 30%<BR>- Amount per share: 3 per share<BR>- Ex-date: 20 Sep 24<BR><BR>Dividend Yield: 0.42%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, Kalyani Forge Ltd achieved a price return of 16.65%, with no dividend return, resulting in a total return of 16.65%.<BR><BR>Over the past year, the company recorded a price return of 62.67% and a dividend return of 0.71%, culminating in a total return of 63.38%.<BR><BR>In the 2-year period, Kalyani Forge Ltd experienced a price return of 200.11% alongside a dividend return of 2.51%, leading to a total return of 202.62%.<BR><BR>For the 3-year period, the price return was 284.53% with a dividend return of 4.85%, resulting in a total return of 289.38%.<BR><BR>In the last 4 years, the company saw a price return of 234.12% and a dividend return of 5.12%, giving a total return of 239.24%.<BR><BR>Finally, over the 5-year span, Kalyani Forge Ltd achieved a price return of 413.27% and a dividend return of 8.59%, resulting in a total return of 421.86%.<BR><BR>Overall, Kalyani Forge Ltd has declared a dividend while also demonstrating strong total returns across various periods, indicating a positive financial performance. The dividend yield, although modest, reflects the company's commitment to returning value to its shareholders.

Who are the peers of the Kalyani Forge?

Kalyani Forge's peers include AIA Engineering, Happy Forgings, Balu Forge, and others, with varying management risks and growth rates. Balu Forge leads in 1-year returns at 155.79%, while Kalyani Forge has a return of 75.54%.

Peers: The peers of Kalyani Forge are AIA Engineering, Happy Forgings, Balu Forge, Steelcast, Amic Forging, Hilton Met.Forg., Gujarat Intrux, Samrat Forgings, Krishanveer Forg.<BR><BR>Quality Snapshot: Excellent management risk is observed at AIA Engineering and Gujarat Intrux, while Average management risk is found at Happy Forgings, Balu Forge, Steelcast, Amic Forging, Samrat Forgings, and Krishanveer Forg, and the rest. Below Average management risk is noted at Hilton Met.Forg. Growth is Excellent at Balu Forge, Good at Amic Forging, Average at Kalyani Forge, Steelcast, Happy Forgings, Samrat Forgings, and Krishanveer Forg, and the rest, while Below Average growth is seen at AIA Engineering, Gujarat Intrux, and Hilton Met.Forg. Capital Structure is Excellent at AIA Engineering, Happy Forgings, Balu Forge, Steelcast, Gujarat Intrux, and Krishanveer Forg, while Good is noted at Amic Forging, Average at Kalyani Forge, and Below Average at Hilton Met.Forg. and Samrat Forgings.<BR><BR>Return Snapshot: Balu Forge has the highest 1-year return at 155.79%, while Hilton Met.Forg. has the lowest at -35.16%. Kalyani Forge's 1-year return of 75.54% is significantly higher than Hilton Met.Forg. and lower than Balu Forge. Additionally, Hilton Met.Forg. and Samrat Forgings have negative six-month returns.

What is the technical trend for Kalyani Forge?

As of June 2, 2025, Kalyani Forge's technical trend is mildly bullish, supported by a bullish MACD and moving averages, though mixed signals from the KST and Dow Theory suggest caution.

As of 2 June 2025, the technical trend for Kalyani Forge has changed from bullish to mildly bullish. The weekly MACD remains bullish, supporting a positive outlook, while the daily moving averages also indicate a bullish stance. However, the weekly KST is bullish but the monthly version is mildly bearish, suggesting some caution. The Dow Theory shows a mildly bearish trend on the weekly chart, which adds to the mixed signals. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, indicating potential upward movement. Overall, the current stance is mildly bullish with some strength, but the mixed indicators suggest monitoring for any shifts in momentum.

Who are in the management team of Kalyani Forge?

As of March 2023, the management team of Kalyani Forge includes Rohini Gaurishankar Kalyani (Chairperson/Executive Director), Viraj Gaurishankar Kalyani (Executive Director & CEO), and three Independent Non-Executive Directors: Pradip P Nadkarni, Abhijit Sen, and Adit Madhusudan Rathi. They are responsible for the company's strategic direction and governance.

As of March 2023, the management team of Kalyani Forge includes the following members:<BR><BR>1. Rohini Gaurishankar Kalyani - Chairperson / Executive Director<BR>2. Viraj Gaurishankar Kalyani - Executive Director & CEO<BR>3. Pradip P Nadkarni - Independent Non-Executive Director<BR>4. Abhijit Sen - Independent Non-Executive Director<BR>5. Adit Madhusudan Rathi - Independent Non-Executive Director<BR><BR>These individuals play key roles in guiding the company's strategic direction and governance.

What does Kalyani Forge do?

Kalyani Forge Ltd, established in 1979, operates in the castings and forgings industry, with recent net sales of ₹590 Cr and a net profit of ₹22 Cr as of March 2025. The company has a market cap of ₹268 Cr and key financial metrics include a P/E ratio of 32.00 and a dividend yield of 0.41%.

Overview: <BR>Kalyani Forge Ltd is a company in the castings and forgings industry, classified as a micro-cap entity.<BR><BR>History: <BR>Kalyani Forge Ltd was incorporated in 1979 as Ellora Engineering Co. Pvt. Ltd. and commenced commercial production in 1981. The company changed its name to Kalyani Forge Ltd in 1992. The latest reported quarterly results indicate net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 590 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 22 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 268 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 32.00 <BR>Industry P/E: 32 <BR>Dividend Yield: 0.41% <BR>Debt-Equity: 0.67 <BR>Return on Equity: 10.15% <BR>Price to Book: 3.25 <BR><BR>Contact Details: <BR>Address: Shangrila Gardens 1st Floor, C Wing Opp Bund Garden Pune Maharashtra : 411001 <BR>Tel: 91-2137-252335/252755 <BR>Email: investors@kforge.com <BR>Website: http://www.kalyaniforge.co.in

Who are the top shareholders of the Kalyani Forge?

The top shareholders of Kalyani Forge include Kalyani Consultants Pvt. Ltd. with 10.37%, Bf Investment Limited with 15.66%, and individual investors holding about 19.0%. There are no pledged promoter holdings, and the company has no mutual fund or foreign institutional investor holdings.

The top shareholders of Kalyani Forge include Kalyani Consultants Pvt. Ltd., which holds the highest promoter stake at 10.37%. The largest public shareholder is Bf Investment Limited, with a holding of 15.66%. Additionally, individual investors collectively own about 19.0% of the company. Notably, there are no pledged promoter holdings, and the company does not have any mutual fund or foreign institutional investor (FII) holdings.

How big is Kalyani Forge?

As of 24th July, Kalyani Forge Ltd has a market capitalization of 269.00 Cr, with recent net sales of 236.64 Cr and a net profit of 8.32 Cr. The balance sheet for March 2024 shows shareholder's funds of 82.01 Cr and total assets of 201.18 Cr.

As of 24th July, Kalyani Forge Ltd has a market capitalization of 269.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Kalyani Forge reported Net Sales of 236.64 Cr and a Net Profit of 8.32 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 82.01 Cr and Total Assets of 201.18 Cr.

When is the next results date for Kalyani Forge?

The next results date for Kalyani Forge is 12 November 2025.

The next results date for Kalyani Forge is scheduled for 12 November 2025.

How has been the historical performance of Kalyani Forge?

Kalyani Forge has shown fluctuating historical performance, with a decline in net sales from 286.35 Cr in Mar'19 to 236.64 Cr in Mar'25, but a notable recovery in profitability, including an operating profit increase to 26.51 Cr and profit after tax rising to 8.31 Cr in Mar'25. Overall, the company has improved its operational efficiency and financial stability in recent periods.

Answer:<BR>The historical performance of Kalyani Forge shows a fluctuating trend in net sales and profitability over the years, with a notable recovery in recent periods.<BR><BR>Breakdown:<BR>Kalyani Forge's net sales have seen a decline from 286.35 Cr in Mar'19 to 236.64 Cr in Mar'25, with a slight increase in Mar'24 compared to Mar'23. The total operating income followed a similar trend, peaking at 265.84 Cr in Mar'23 before dropping to 236.64 Cr in Mar'25. Raw material costs increased significantly to 117.76 Cr in Mar'25 from 102.05 Cr in Mar'24, while total expenditure decreased to 212.64 Cr in Mar'25 from 222.93 Cr in Mar'24. Operating profit, however, improved to 26.51 Cr in Mar'25 from 17.74 Cr in Mar'24, indicating better cost management. Profit before tax also rose to 11.60 Cr in Mar'25, up from 5.62 Cr in Mar'24, and profit after tax reached 8.31 Cr, a significant recovery from a loss of 0.18 Cr in Mar'23. The earnings per share (EPS) increased to 22.83 in Mar'25 from 12.50 in Mar'24, reflecting improved profitability. On the balance sheet, total liabilities rose to 228.41 Cr in Mar'25 from 201.18 Cr in Mar'24, while total assets also increased to 228.41 Cr, indicating a stable financial position. Cash flow from operating activities improved to 21.00 Cr in Mar'25 from 10.00 Cr in Mar'24, showcasing enhanced operational efficiency. Overall, Kalyani Forge has demonstrated a recovery in profitability and operational performance in the latest fiscal year.

Is Kalyani Forge overvalued or undervalued?

As of November 14, 2025, Kalyani Forge is considered undervalued with an attractive valuation grade, featuring a PE ratio of 33.56, outperforming peers like Bharat Forge and Sona BLW Precision, and achieving a 38.61% return over the past year compared to the Sensex's 9.00%.

As of 14 November 2025, Kalyani Forge's valuation grade has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued based on its financial metrics. Key ratios include a PE ratio of 33.56, an EV to EBITDA of 13.77, and a ROCE of 9.10%. <BR><BR>When compared to peers, Kalyani Forge's PE ratio is significantly lower than Bharat Forge's 61.68 and Sona BLW Precision's 48.16, which are categorized as overvalued. Additionally, CIE Automotive, which is also rated attractive, has a much lower PE ratio of 20.34, further supporting Kalyani Forge's favorable valuation. Notably, Kalyani Forge has outperformed the Sensex over the past year with a return of 38.61% compared to the Sensex's 9.00%, reinforcing its attractiveness as an investment.

Are Kalyani Forge Ltd latest results good or bad?

Kalyani Forge Ltd's latest Q3 FY26 results are concerning, showing a net loss of ₹0.12 crore and a high effective tax rate of 103.04%, despite a slight revenue growth of 3.93%. While operational margins improved, the company's stock has underperformed significantly compared to its sector, indicating potential long-term financial challenges.

Kalyani Forge Ltd's latest results for Q3 FY26 present a mixed picture, leaning towards the negative side overall. The company reported a net loss of ₹0.12 crore, which represents a significant decline of 106.60% compared to the previous quarter and the same quarter last year. This loss was primarily driven by an extraordinary tax charge of ₹4.07 crores, resulting in an effective tax rate of 103.04%, which is unusually high and has raised concerns about the sustainability of earnings.<BR><BR>On a more positive note, the company achieved a revenue of ₹57.86 crores, reflecting a sequential growth of 3.93%. However, this figure is still down by 1.30% year-over-year, indicating challenges in maintaining consistent sales growth in a competitive environment. <BR><BR>The operating margin improved to 15.14%, the highest in eight quarters, suggesting some operational efficiency gains. Additionally, the interest coverage ratio strengthened to 3.23 times, indicating better ability to cover interest expenses despite rising interest costs.<BR><BR>However, Kalyani Forge's stock has underperformed significantly compared to its sector, declining 1.27% over the past year while the broader castings and forgings sector surged by 26.76%. This underperformance, combined with weak return metrics such as an average Return on Equity (ROE) of 5.67% and Return on Capital Employed (ROCE) of 4.22%, raises concerns about the company's long-term financial health and ability to generate shareholder value.<BR><BR>In summary, while there are some operational improvements, the overall financial results are concerning, particularly due to the net loss and high tax burden. Investors may want to approach the stock with caution given these challenges.

Should I buy, sell or hold Kalyani Forge Ltd?

Why is Kalyani Forge Ltd falling/rising?

As of 05-May, Kalyani Forge Ltd's stock price is at 613.90, reflecting a 0.84% increase due to rising investor interest and attractive valuations. However, the stock has a negative return over the past year and faces profitability and debt servicing challenges, which could affect its long-term performance.

As of 05-May, Kalyani Forge Ltd's stock price is currently at 613.90, reflecting a change of 5.1 (0.84%) upwards. This rise can be attributed to several factors. Notably, the stock has shown a positive trend in investor participation, with a delivery volume increase of 15.22% against the 5-day average, indicating growing interest among investors. Additionally, the stock is trading at a discount compared to its peers' average historical valuations, suggesting it may be perceived as an attractive investment opportunity.<BR><BR>However, despite the current rise, the stock has faced significant challenges over the past year, with a return of -12.17%, which is a stark contrast to the market's performance, as the BSE500 has generated returns of 2.27% during the same period. The company's profitability is also a concern, as indicated by a low Return on Equity (ROE) of 5.67% and a weak EBIT to Interest ratio of 1.68, which highlights difficulties in servicing its debt. Furthermore, the company's profits have declined by 16.6%, contributing to a negative sentiment around its long-term growth prospects.<BR><BR>In summary, while Kalyani Forge Ltd's stock is experiencing a short-term rise due to increased investor participation and attractive valuation, it is important to consider the underlying issues of profitability and debt servicing, which may impact its performance in the longer term.

Which are the latest news on Kalyani Forge?