KALYANI FORGE LIMITED (KALYANIFRG) financials

KALYANI FORGE LIMITED (KALYANIFRG) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Kalyani Forge Ltd is a Pune-based precision-engineeringcompany manufacturing hot,warm, and cold-forged, machinedand assembled components. Itsengine, driveline and axle productsserve passenger /commercial vehicles, agriculture, industrial, power, off-highway, marine and EV applications. Its capabilities include heat treatment, die/tool making,testing and finishing.[1][2]

Market Cap: ₹289Cr.
Current Price: ₹803
Stock P/E: 23.3
ROE: 10.1%
ROCE: 12.2%
Book Value: ₹263
Dividend Yield: 0.50%
52W High / Low: ₹1,193/504

In Jun 2026, KALYANI FORGE LIMITED (KALYANIFRG) reported sales ₹66.80 Cr and net profit ₹4.48 Cr.

Annual TTM: sales ₹237 Cr, net profit ₹12 Cr.

Shareholding: Promoters 58.76% (Sep 2026), DIIs 0.56% (Sep 2026), Public 40.67% (Sep 2026), No. of Shareholders 7,824% (Sep 2026).

KALYANIFRG quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	62.33	58.62	58.95	64.13	55.67	57.86	56.98	66.80
Expenses	54.56	52.54	52.59	58.18	49.12	49.10	50.25	56.19
Operating Profit	7.77	6.08	6.36	5.95	6.55	8.76	6.73	10.61
OPM %	12.47%	10.37%	10.79%	9.28%	11.77%	15.14%	11.81%	15.88%
Other Income	0.52	0.75	0.38	0.39	0.56	0.36	2.27	0.28
Interest	1.58	1.96	2.06	2.27	2.43	2.71	0.24	1.73
Depreciation	1.91	2.08	2.04	2.04	2.41	2.46	2.63	3.01
Profit before tax	4.80	2.79	2.64	2.03	2.27	3.95	6.13	6.15
Tax %	18.33%	34.77%	15.91%	30.54%	5.29%	103.04%	4.08%	27.15%
Net Profit	3.92	1.82	2.23	1.41	2.15	-0.12	5.88	4.48
EPS in Rs	10.78	5.00	6.13	3.88	5.91	-0.33	16.16	12.31
Raw PDF	—	—	—	—	—	—	—	—

KALYANIFRG profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	201	181	246	264	237	236	235	237
Expenses	193	168	228	254	223	213	207	205
Operating Profit	8	13	19	11	14	23	28	33
OPM %	4.2%	7%	8%	4.0%	6%	10%	12%	14%
Other Income	3	1	1	5	4	3	4	3
Interest	5	3	4	3	6	7	8	7
Depreciation	14	13	12	11	6	8	10	11
Profit before tax	-8	-2	4	1	6	12	14	18
Tax %	-15%	-15%	22%	113%	19%	28%	35%	—
Net Profit	-7	-2	3	-0	5	8	9	12
EPS in Rs	-19.05	-4.84	8.60	-0.49	12.51	22.84	25.62	34.05
Dividend Payout %	-5%	-31%	35%	-607%	24%	18%	16%	—

KALYANIFRG balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	4	4	4	4	4	4	4	4
Reserves	108	98	97	99	74	78	86	92
Borrowings	47	31	27	26	38	61	72	106
Other Liabilities	69	51	56	54	65	62	69	50
Total Liabilities	227	184	183	183	181	205	230	251
Fixed Assets	78	65	53	44	39	56	61	90
CWIP	0	1	1	2	3	5	15	10
Investments	0	0	0	0	0	0	0	0
Other Assets	148	118	129	137	138	143	154	152
Total Assets	227	184	183	183	181	205	230	251

KALYANIFRG cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	30	24	7	11	-2	10	22	7
Cash from Investing Activity	-7	-1	-1	-4	-6	-26	-24	-33
Cash from Financing Activity	-25	-23	-7	-5	8	16	3	25
Net Cash Flow	-2	-0	-1	2	-1	-0	0	-1
Free Cash Flow	23	23	6	7	-8	-16	-3	-26
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	114%	304%	58%	68%	-8%	89%	95%	37%

KALYANIFRG shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	58.71%	58.71%	58.73%	58.76%	58.76%	58.76%	58.76%	58.76%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.56%
Public	41.29%	41.29%	41.26%	41.24%	41.24%	41.23%	41.23%	40.67%
No. of Shareholders	6,550	6,476	7,081	7,236	7,281	7,342	7,424	7,824

KALYANIFRG key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	96	103	135	108	103	95	125	160
Inventory Days	123	143	178	135	114	180	186	129
Days Payable	122	123	141	95	107	146	166	104
Cash Conversion Cycle	97	123	172	148	110	129	145	185
Working Capital Days	42	53	85	74	44	53	38	52
ROCE %	10%	-2%	1%	6%	4%	9%	12%	12%

KALYANIFRGUpdated 16 Oct 2026, 23:56

Kalyani Forge Limited

KALYANIFRGUpdated 16 Oct 2026, 23:56

Market Cap

₹289Cr.

Current Price

₹803

High / Low

₹1,193/504

Stock P/E

23.3

ROE10.1%

ROCE12.2%

Book Value₹263

Face Value₹10.0

Dividend Yield0.50%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	59.35	1.21	54.24	0.32	2.53	1.69	39.05	1.03	2.83
Sep 2023	60.91	1.45	56.22	1.08	2.72	1.6	18.12	1.3	3.57
Dec 2023	59.7	1.75	56.81	1.76	1.25	1.65	7.88	1.51	4.15
Mar 2024	56.82	1.49	55.65	1.21	-0.29	1.18	40.68	0.71	1.95
Jun 2024	56.74	1.45	52.93	0.86	1.84	1.38	74.64	0.35	0.96
Sep 2024	62.33	1.58	54.56	0.52	1.91	4.8	18.33	3.92	10.78
Dec 2024	58.62	1.96	52.54	0.75	2.08	2.79	34.77	1.82	5
Mar 2025	58.95	2.06	52.59	0.38	2.04	2.64	15.91	2.23	6.13
Jun 2025	64.13	2.27	58.18	0.39	2.04	2.03	30.54	1.41	3.88
Sep 2025	55.67	2.43	49.12	0.56	2.41	2.27	5.29	2.15	5.91
Dec 2025	57.86	2.71	49.1	0.36	2.46	3.95	103.04	-0.12	-0.33
Mar 2026	56.98	0.24	50.25	2.27	2.63	6.13	4.08	5.88	16.16
Jun 2026	66.8	1.73	56.19	0.28	3.01	6.15	27.15	4.48	12.31

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	241	6	226	2	13	-3	-24	-2	-6.21
Mar 2016	231	5	215	3	12	2	46	1	3.02
Mar 2017	227	4	212	5	10	5	33	3	9.57
Mar 2018	259	6	237	7	13	9	29	7	18.03
Mar 2019	286	8	261	6	15	10	28	7	19.13
Mar 2020	201	5	193	3	14	-8	-15	-7	-19.05
Mar 2021	181	3	168	1	13	-2	-15	-2	-4.84
Mar 2022	246	4	228	1	12	4	22	3	8.6
Mar 2023	264	3	254	5	11	1	113	0	-0.49
Mar 2024	237	6	223	4	6	6	19	5	12.51
Mar 2025	236	7	213	3	8	12	28	8	22.84
Mar 2026	235	8	207	4	10	14	35	9	25.62
TTM	237	7	205	3	11	18	—	12	34.05

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	58.76%
DIIs	0.56%
Public	40.67%

Shareholding trend

Ownership over time%

Quarter	Promoters	DIIs	Public
Dec 2023	58.71%	0%	41.29%
Mar 2024	58.71%	0%	41.29%
Jun 2024	58.7%	0%	41.3%
Sep 2024	58.71%	0%	41.3%
Dec 2024	58.71%	0%	41.29%
Mar 2025	58.71%	0%	41.29%
Jun 2025	58.73%	0%	41.26%
Sep 2025	58.76%	0%	41.24%
Dec 2025	58.76%	0%	41.24%
Mar 2026	58.76%	0%	41.23%
Jun 2026	58.76%	0%	41.23%
Sep 2026	58.76%	0.56%	40.67%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Other Assets	Total Assets
Mar 2015	4	94	47	57	201	61	17	123	201
Mar 2016	4	94	41	60	199	64	8	127	199
Mar 2017	4	98	63	71	236	60	30	147	236
Mar 2018	4	103	63	65	235	84	5	146	235
Mar 2019	4	108	47	69	227	78	0	148	227
Mar 2020	4	98	31	51	184	65	1	118	184
Mar 2021	4	97	27	56	183	53	1	129	183
Mar 2022	4	99	26	54	183	44	2	137	183
Mar 2023	4	74	38	65	181	39	3	138	181
Mar 2024	4	78	61	62	205	56	5	143	205
Mar 2025	4	86	72	69	230	61	15	154	230
Mar 2026	4	92	106	50	251	90	10	152	251

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	25	-2	-20	3
Mar 2016	19	-5	-11	3
Mar 2017	15	-41	19	-7
Mar 2018	12	-2	-8	2
Mar 2019	30	-7	-25	-2
Mar 2020	24	-1	-23	0
Mar 2021	7	-1	-7	-1
Mar 2022	11	-4	-5	2
Mar 2023	-2	-6	8	-1
Mar 2024	10	-26	16	0
Mar 2025	22	-24	3	0
Mar 2026	7	-33	25	-1

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	92	98	99	99	96	103	135	108	103	95	125	160
Inventory Days	96	117	156	139	123	143	178	135	114	180	186	129
Days Payable	118	128	146	143	122	123	141	95	107	146	166	104
Cash Conversion Cycle	70	87	109	94	97	123	172	148	110	129	145	185
Working Capital Days	34	29	18	36	42	53	85	74	44	53	38	52
ROCE %	2%	5%	6%	9%	10%	-2%	1%	6%	4%	9%	12%	12%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of KALYANI FORGE LIMITED (KALYANIFRG)?

The reported market capitalisation for KALYANI FORGE LIMITED (KALYANIFRG) is ₹289Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of KALYANIFRG?

The current price shown for KALYANI FORGE LIMITED (KALYANIFRG) on Fincrux is ₹803 with a 52-week high/low of ₹1,193/504.

What is the P/E ratio of KALYANI FORGE LIMITED (KALYANIFRG)?

The stock P/E for KALYANI FORGE LIMITED (KALYANIFRG) is 23.3 on Fincrux, with ROE at 10.1% and ROCE at 12.2%.

What were KALYANIFRG latest quarterly results?

For Jun 2026, KALYANI FORGE LIMITED (KALYANIFRG) reported sales ₹66.80 Cr and net profit ₹4.48 Cr (figures in ₹ crore unless noted).

What are KALYANIFRG annual sales and net profit?

For TTM, KALYANI FORGE LIMITED (KALYANIFRG) shows sales of ₹237 Cr and net profit of ₹12 Cr on the Fincrux profit & loss statement.

Who owns KALYANI FORGE LIMITED (KALYANIFRG)?

Latest shareholding for KALYANI FORGE LIMITED (KALYANIFRG) on Fincrux: Promoters 58.76% (Sep 2026), DIIs 0.56% (Sep 2026), Public 40.67% (Sep 2026), No. of Shareholders 7,824% (Sep 2026).

Where can I find KALYANI FORGE LIMITED (KALYANIFRG) financials?

KALYANI FORGE LIMITED (KALYANIFRG) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show KALYANIFRG balance sheet and cash flow?

Yes. The KALYANI FORGE LIMITED (KALYANIFRG) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 16 October 2026 at 23:56