Kalyani Forge Financials

NSE: KALYANIFRG | BSE: 513509

₹991.05

₹-19.30 (-1.91%)

As on 30-Sep-2026IST

Market cap

₹363 Cr

Revenue (TTM)

₹237 Cr

P/E Ratio

29.3

P/B Ratio

3.6

Div. Yield

0.4 %

Income Statement (₹ Cr)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Operating Revenue	237.31	234.64	235.88	236.79	265.84	246.50
Total Income	240.77	238.26	239.27	240.66	272.83	247.82
Total Expenditure	204.64	206.68	212.76	222.93	255.17	227.83
EBITDA	32.67	27.96	23.13	13.86	10.67	18.67
Depreciation	10.52	9.55	7.87	6.22	11.19	12.34
EBIT	22.15	18.41	15.26	7.64	-0.52	6.33
Interest	7.11	7.66	7.04	5.90	3.37	3.63
Other Income	3.46	3.62	3.39	3.88	6.99	1.32
Exceptional Items	--	--	--	--	-1.82	--
Profit before Tax	18.50	14.37	11.60	5.62	1.27	4.02
Provision for Tax	6.11	5.05	3.29	1.07	1.46	0.89
Profit after Tax	12.39	9.32	8.31	4.55	-0.18	3.13

Liabilities (₹ Cr)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Shareholder's Funds	95.54	95.54	89.69	82.01	77.70	102.94
Minority Interest	--	--	--	--	--	--
Non-Current Liabilities	43.82	43.82	18.16	23.60	3.34	2.94
Current Liabilities	112.12	112.12	120.57	95.58	95.32	73.96
Total Liabilities	251.48	251.48	230.28	204.75	180.52	183.45

Assets (₹ Cr)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Non-Current Assets	99.90	103.67	80.22	65.19	43.93	50.99
Current Assets	147.81	147.81	148.19	135.99	132.43	128.84
Total Assets	251.48	251.48	230.28	204.75	180.52	183.45
Total Debt*	--	105.62	71.57	60.91	38.19	26.49
Net Current Assets	35.69	35.69	27.62	40.41	37.11	54.89
Contingent Liabilities	--	6.47	6.47	7.89	7.89	4.75

Cashflow (₹ Cr)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Cash From Operating Activities	--	7.46	21.83	10.00	-2.50	11.12
Cash Flow from Investing Activities	--	-33.16	-24.35	-25.85	-5.85	-4.14
Cash from Financing Activities	--	24.94	2.60	15.73	7.51	-5.22
Net Cash Inflow / Outflow	--	-0.76	0.08	-0.11	-0.84	1.76

Financials Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Adjusted EPS (₹)	34.05	25.61	22.86	12.51	-0.50	8.61
Cash EPS (₹)	34.05	51.85	44.49	29.60	30.26	42.54
Adjusted Book Value (₹)	274.94	262.62	246.53	225.42	213.58	282.95
Dividend per Share (₹)	0.40	4.00	4.00	3.00	3.00	3.00
Cash Flow per Share (₹)	--	20.50	60.00	27.50	-6.87	30.57
Free Cash Flow per Share (₹)	--	-89.67	-28.64	-72.64	-33.20	-1.62

Profitability Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
ROCE (%)	--	12.16	12.26	8.90	3.79	5.95
ROE (%)	13.21	10.06	9.69	5.70	-0.20	3.08
ROA (%)	5.14	3.88	3.87	2.41	-0.10	1.74
EBIT Margin (%)	9.33	7.85	6.47	3.23	-0.20	2.57
Net Margin (%)	5.14	3.91	3.48	1.89	-0.07	1.26
Cash Profit Margin (%)	--	8.04	6.86	4.55	4.14	6.28

Growth Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Revenue Growth (%)	-2.76	-0.53	-0.38	-10.93	7.85	36.35
EBIT Growth (%)	22.54	20.71	99.68	1,567.27	-108.22	900.49
Net Profit Growth (%)	32.13	12.06	82.74	2,576.92	-105.86	277.96
EPS Growth (%)	32.13	12.06	82.74	2,577.14	-105.86	277.96
Book Value Growth (%)	--	6.53	9.37	5.54	-24.52	2.74

Valuation Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Price / Earnings	29.28	21.47	21.70	32.49	--	21.27
Price / Book Value	3.63	2.09	2.01	1.80	1.04	0.65
Dividend Yield (%)	0.40	0.73	0.81	0.74	1.35	1.64
EV/EBITDA	12.90	9.61	9.40	11.44	6.43	4.41
Close Price (₹)	611.65	546.45	498.00	408.20	222.90	173.95
High Price (₹)	849.65	890.00	849.95	573.30	293.50	239.90
Low Price (₹)	504.10	495.00	371.00	208.00	158.60	162.35
Market Cap (₹ Cr)	362.67	200.08	180.45	147.83	80.76	66.63

Solvency Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Debt to Equity	0.37	1.11	0.80	0.74	0.49	0.26
Short term debt to equity ratio	--	0.74	0.66	0.51	0.48	0.25
Current Ratio	1.32	1.32	1.23	1.42	1.39	1.74
Quick Ratio	1.00	1.00	0.76	0.84	0.96	1.16
Interest Coverage	3.60	2.88	2.65	1.95	1.38	2.11

Operating Efficiency Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Debtors to sales (%)	43.26	43.75	34.26	26.13	28.16	29.54
Asset Turnover	0.99	0.98	1.10	1.25	1.49	1.37
Receivable days	--	142.70	110.40	105.38	101.39	103.53
Inventory Days	--	72.07	87.63	79.70	66.03	69.41
Payable days	--	145.21	157.10	144.48	94.60	96.86
Cash Conversion Cycle	--	69.56	40.93	40.61	72.82	76.08

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Income Statement (₹ Cr)