Kalyani Forge

Market Cap: Micro Cap
Industry: Castings & Forgings
ISIN: INE314G01014
NSEID: KALYANIFRG
BSEID: 513509

INR

639.40

-14.45 (-2.21%)

BSENSE

Dec 05

BSE+NSE Vol: 1.04 k

{
  "main_header": {
    "sid": 348836,
    "name": "Kalyani Forge",
    "stock_name": "Kalyani Forge",
    "full_name": "Kalyani Forge Ltd",
    "name_url": "stocks-analysis/kalyani-forge",
    "exchange": 1,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "639.40",
    "chg": -14.45,
    "chgp": "-2.21%",
    "dir": -1,
    "prev_price": "653.85",
    "mcapval": "240.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 513509,
    "symbol": "KALYANIFRG",
    "ind_name": "Castings & Forgings",
    "ind_code": 38,
    "indexname": "",
    "isin": "INE314G01014",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": "1.04 k",
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/kalyani-forge-348836-1&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Kalyani Forge Sees Revision in Market Assessment Amid Financial and Technical Challenges",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/kalyani-forge-downgraded-to-sell-by-marketsmojo-amid-weak-financial-trends-3744062",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/KalyaniForge_mojoScore_3744062.png",
        "date": "2025-12-03 11:08:04",
        "description": "Kalyani Forge, a microcap player in the Castings & Forgings sector, has experienced a revision in its market evaluation reflecting shifts across multiple analytical parameters. This adjustment follows a period marked by subdued financial trends and sideways technical movement, prompting a reassessment of the company’s standing within its sector."
      },
      {
        "title": "Why is Kalyani Forge falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-kalyani-forge-fallingrising-3722040",
        "imagepath": "",
        "date": "2025-11-22 00:54:05",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Recent Price Movement and Market Context</strong></p>\n<p>Kalyani Forge’s share price has been under pressure over the past week, registering a cumulative loss of 4.95%, contrasting sharply with the broader Sensex, which gained 0.79% during the same period. This divergence highlights the stock’s relative weakness amid a generally positive market environment. Year-to-date, the stock remains slightly down by 2.51%, while the Sensex has advanced by 9.08%, indicating that Kalyani Forge has lagged behind the benchmark index over the longer term.</p>\n<p>Despite this recent softness, the stock has delivered strong returns over the medium to long term, with a 13.66% gain over the past year and an impressive 147.81% increase over three years. Over five years, the stock has surged by 407.23%, significa..."
      },
      {
        "title": "Is Kalyani Forge overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-kalyani-forge-overvalued-or-undervalued-3705799",
        "imagepath": "",
        "date": "2025-11-17 08:06:39",
        "description": "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%. \n\nWhen 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...."
      },
      {
        "title": "Is Kalyani Forge overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-kalyani-forge-overvalued-or-undervalued-3705110",
        "imagepath": "",
        "date": "2025-11-16 08:06:23",
        "description": "As of 14 November 2025, Kalyani Forge's valuation grade has moved from fair to attractive, indicating a more favorable assessment of its market position. The company is currently considered undervalued, particularly in comparison to its peers. Key ratios include a PE ratio of 33.56, an EV to EBITDA of 13.77, and a ROE of 8.27%. \n\nIn terms of peer comparison, Kalyani Forge's PE ratio is significantly lower than Bharat Forge's 61.68 and Sona BLW Precision's 48.16, both of which are classified as overvalued. Additionally, Kalyani Forge's EV to EBITDA ratio is more competitive compared to Bharat Forge's 26.40. 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 attractive valuation in the market...."
      },
      {
        "title": "Is Kalyani Forge overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-kalyani-forge-overvalued-or-undervalued-3704494",
        "imagepath": "",
        "date": "2025-11-15 08:06:58",
        "description": "As of 14 November 2025, Kalyani Forge's valuation grade has moved from fair to attractive, indicating a positive shift in its market perception. The company is currently assessed as undervalued. Key ratios supporting this assessment include a PE ratio of 33.56, an EV to EBITDA ratio of 13.77, and a PEG ratio of 1.94, which suggest that the stock is priced reasonably compared to its growth prospects.\n\nIn comparison to its peers, Kalyani Forge stands out with a more favorable valuation than Bharat Forge, which has a PE ratio of 61.68, and Sona BLW Precision, which is considered very expensive with a PE of 48.16. Additionally, CIE Automotive, another attractive peer, has a significantly lower PE of 20.34, reinforcing Kalyani Forge's competitive positioning in the market. Notably, Kalyani Forge has outperformed the Sensex over the past year, with a return of 38.61% compared to the Sensex's 9.00%, further suppor..."
      },
      {
        "title": "Kalyani Forge Faces Operational Challenges Amid Declining Financial Metrics and Rising Costs",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/kalyani-forges-financial-trend-shifts-from-positive-to-negative-amid-declining-performance-3701190",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/KalyaniForge_fintrenddot_3701190.png",
        "date": "2025-11-14 11:00:55",
        "description": "Kalyani Forge, a microcap in the castings and forgings sector, reported a significant decline in profit before tax and net sales for the quarter ending September 2025. Rising interest expenses have compounded operational challenges, despite the company’s strong long-term performance compared to the Sensex."
      },
      {
        "title": "Kalyani Forge Q2 FY26: Profit Plunges 45% as Margin Pressures Mount",
        "link": "https://www.marketsmojo.com/news/result-analysis/kalyani-forge-q2-fy26-profit-plunges-45-as-margin-pressures-mount-3712292",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/KalyaniForge_quaterlyResult_3712292.png",
        "date": "2025-11-14 09:22:58",
        "description": "Kalyani Forge Ltd., a specialised precision forging manufacturer in the castings and forgings sector, reported a sharp decline in profitability for Q2 FY26, with net profit plummeting 45.15% quarter-on-quarter to ₹2.15 crores from ₹1.41 crores in Q1 FY26. On a year-on-year basis, the decline was even steeper at 45.15%, down from ₹3.92 crores in Q2 FY25. The Pune-based micro-cap company, with a market capitalisation of ₹251.04 crores, faced headwinds from declining revenues and compressed margins, raising concerns about operational efficiency and demand conditions."
      },
      {
        "title": "How has been the historical performance of Kalyani Forge?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-kalyani-forge-3699203",
        "imagepath": "",
        "date": "2025-11-13 23:27:23",
        "description": "Answer:\nThe historical performance of Kalyani Forge shows a fluctuating trend in net sales and profitability over the years, with a notable recovery in recent periods.\n\nBreakdown:\nKalyani 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. Th..."
      },
      {
        "title": "How has been the historical performance of Kalyani Forge?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-kalyani-forge-3695315",
        "imagepath": "",
        "date": "2025-11-13 00:16:03",
        "description": "Answer:\nThe historical performance of Kalyani Forge shows a fluctuating trend in net sales and profitability over the years, with a notable recovery in recent periods.\n\nBreakdown:\nKalyani Forge's net sales peaked at 286.35 Cr in March 2019 but have since declined to 236.64 Cr by March 2025, with a slight increase from 236.79 Cr in March 2024. The total operating income followed a similar pattern, reflecting the same figures as net sales. Raw material costs increased significantly to 117.76 Cr in March 2025 from 102.05 Cr in March 2024, while total expenditure decreased to 212.64 Cr in March 2025 from 222.93 Cr in March 2024. Operating profit, excluding other income, rose to 24.00 Cr in March 2025, up from 13.86 Cr in March 2024, contributing to an operating profit margin of 10.14%. Profit before tax also improved to 11.60 Cr in March 2025 from 5.62 Cr in March 2024, leading to a profit after tax of 8.31 Cr,..."
      }
    ],
    "total": 157,
    "sid": "348836",
    "stock_news_url": "https://www.marketsmojo.com/news/kalyani-forge-348836"
  },
  "announcements": [
    {
      "details": "Kalyani Forge Limited has informed the Exchange regarding Board meeting held on November 12, 2019.",
      "source": "NSE",
      "caption": "Kalyani Forge Limited - Outcome of Board Meeting",
      "datetime": "13-Nov-2019"
    },
    {
      "details": " <table><tr><td>Kalyani Forge Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on July 26, 2018 </td></tr></table>",
      "source": "NSE",
      "caption": "Shareholders meeting",
      "datetime": "27-Jul-2019"
    },
    {
      "details": " <table><tr><td>Kalyani Forge Limited has submitted a copy of un-audited financial results along with Limited Review report for the quarter ended June 30, 2019. </td></tr></table>",
      "source": "NSE",
      "caption": "Financial Results Updates",
      "datetime": "26-Jul-2019"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Kalyani Forge Ltd has declared <strong>40%</strong> dividend, ex-date: 22 Aug 25",
          "dt": "2025-08-22",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Kalyani Forge Sees Revision in Market Assessment Amid Financial and Technical Challenges

2025-12-03 11:08:04

Kalyani Forge, a microcap player in the Castings & Forgings sector, has experienced a revision in its market evaluation reflecting shifts across multiple analytical parameters. This adjustment follows a period marked by subdued financial trends and sideways technical movement, prompting a reassessment of the company’s standing within its sector.

Why is Kalyani Forge falling/rising?

2025-11-22 00:54:05

Recent Price Movement and Market Context

Kalyani Forge’s share price has been under pressure over the past week, registering a cumulative loss of 4.95%, contrasting sharply with the broader Sensex, which gained 0.79% during the same period. This divergence highlights the stock’s relative weakness amid a generally positive market environment. Year-to-date, the stock remains slightly down by 2.51%, while the Sensex has advanced by 9.08%, indicating that Kalyani Forge has lagged behind the benchmark index over the longer term.

Despite this recent softness, the stock has delivered strong returns over the medium to long term, with a 13.66% gain over the past year and an impressive 147.81% increase over three years. Over five years, the stock has surged by 407.23%, significa...

Is Kalyani Forge overvalued or undervalued?

2025-11-17 08:06:39

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%. 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....

Is Kalyani Forge overvalued or undervalued?

2025-11-16 08:06:23

As of 14 November 2025, Kalyani Forge's valuation grade has moved from fair to attractive, indicating a more favorable assessment of its market position. The company is currently considered undervalued, particularly in comparison to its peers. Key ratios include a PE ratio of 33.56, an EV to EBITDA of 13.77, and a ROE of 8.27%. In terms of peer comparison, Kalyani Forge's PE ratio is significantly lower than Bharat Forge's 61.68 and Sona BLW Precision's 48.16, both of which are classified as overvalued. Additionally, Kalyani Forge's EV to EBITDA ratio is more competitive compared to Bharat Forge's 26.40. 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 attractive valuation in the market....

Is Kalyani Forge overvalued or undervalued?

2025-11-15 08:06:58

As of 14 November 2025, Kalyani Forge's valuation grade has moved from fair to attractive, indicating a positive shift in its market perception. The company is currently assessed as undervalued. Key ratios supporting this assessment include a PE ratio of 33.56, an EV to EBITDA ratio of 13.77, and a PEG ratio of 1.94, which suggest that the stock is priced reasonably compared to its growth prospects. In comparison to its peers, Kalyani Forge stands out with a more favorable valuation than Bharat Forge, which has a PE ratio of 61.68, and Sona BLW Precision, which is considered very expensive with a PE of 48.16. Additionally, CIE Automotive, another attractive peer, has a significantly lower PE of 20.34, reinforcing Kalyani Forge's competitive positioning in the market. Notably, Kalyani Forge has outperformed the Sensex over the past year, with a return of 38.61% compared to the Sensex's 9.00%, further suppor...

Kalyani Forge Faces Operational Challenges Amid Declining Financial Metrics and Rising Costs

2025-11-14 11:00:55

Kalyani Forge, a microcap in the castings and forgings sector, reported a significant decline in profit before tax and net sales for the quarter ending September 2025. Rising interest expenses have compounded operational challenges, despite the company’s strong long-term performance compared to the Sensex.

Kalyani Forge Q2 FY26: Profit Plunges 45% as Margin Pressures Mount

2025-11-14 09:22:58

Kalyani Forge Ltd., a specialised precision forging manufacturer in the castings and forgings sector, reported a sharp decline in profitability for Q2 FY26, with net profit plummeting 45.15% quarter-on-quarter to ₹2.15 crores from ₹1.41 crores in Q1 FY26. On a year-on-year basis, the decline was even steeper at 45.15%, down from ₹3.92 crores in Q2 FY25. The Pune-based micro-cap company, with a market capitalisation of ₹251.04 crores, faced headwinds from declining revenues and compressed margins, raising concerns about operational efficiency and demand conditions.

How has been the historical performance of Kalyani Forge?

2025-11-13 23:27:23

Answer: 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. Breakdown: 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. Th...

How has been the historical performance of Kalyani Forge?

2025-11-13 00:16:03

Answer: 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. Breakdown: Kalyani Forge's net sales peaked at 286.35 Cr in March 2019 but have since declined to 236.64 Cr by March 2025, with a slight increase from 236.79 Cr in March 2024. The total operating income followed a similar pattern, reflecting the same figures as net sales. Raw material costs increased significantly to 117.76 Cr in March 2025 from 102.05 Cr in March 2024, while total expenditure decreased to 212.64 Cr in March 2025 from 222.93 Cr in March 2024. Operating profit, excluding other income, rose to 24.00 Cr in March 2025, up from 13.86 Cr in March 2024, contributing to an operating profit margin of 10.14%. Profit before tax also improved to 11.60 Cr in March 2025 from 5.62 Cr in March 2024, leading to a profit after tax of 8.31 Cr,...

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