KALYANIFRG
Kalyani Forge Limited (KALYANIFRG) Stock Analysis
Kalyani Forge Limited manufactures forgings and machined components for automotive and industrial customers. It supplies axles, chassis, and engineering parts to OEMs. The company is part of the Bharat Forge group lineage in forgings. It is a listed auto-component firm.
Consumer Cyclical › Auto Parts
₹974.20
-0.10% 1W | +44.60% 52W
Market Cap
354 CR
P/E Ratio
28.6
52W High
₹1192.2
52W Low
₹523.6
Div. Yield
0.43%
Beta
-0.2
50 DMA
₹770.8
200 DMA
₹650
Profit Margin
5.2%
Inst. Own.
0%
📊 CONSOLIDATION
⚠️ BREAKDOWN
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 59.35 | 60.91 | 59.70 | 56.82 | 56.74 | 62.33 | 58.62 | 58.95 | 64.13 | 55.67 | 57.86 | 56.98 | 66.80 |
| Expenses | 54.24 | 56.22 | 56.81 | 55.65 | 52.93 | 54.56 | 52.54 | 52.59 | 58.18 | 49.12 | 49.10 | 50.25 | 56.19 |
| Operating Profit | 5.11 | 4.69 | 2.89 | 1.17 | 3.81 | 7.77 | 6.08 | 6.36 | 5.95 | 6.55 | 8.76 | 6.73 | 10.61 |
| OPM % | 8.61% | 7.70% | 4.84% | 2.06% | 6.71% | 12.47% | 10.37% | 10.79% | 9.28% | 11.77% | 15.14% | 11.81% | 15.88% |
| Other Income | 0.32 | 1.08 | 1.76 | 1.21 | 0.86 | 0.52 | 0.75 | 0.38 | 0.39 | 0.56 | 0.36 | 2.27 | 0.28 |
| Interest | 1.21 | 1.45 | 1.75 | 1.49 | 1.45 | 1.58 | 1.96 | 2.06 | 2.27 | 2.43 | 2.71 | 0.24 | 1.73 |
| Depreciation | 2.53 | 2.72 | 1.25 | -0.29 | 1.84 | 1.91 | 2.08 | 2.04 | 2.04 | 2.41 | 2.46 | 2.63 | 3.01 |
| Profit before tax | 1.69 | 1.60 | 1.65 | 1.18 | 1.38 | 4.80 | 2.79 | 2.64 | 2.03 | 2.27 | 3.95 | 6.13 | 6.15 |
| Tax % | 39.05% | 18.12% | 7.88% | 40.68% | 74.64% | 18.33% | 34.77% | 15.91% | 30.54% | 5.29% | 103.04% | 4.08% | 27.15% |
| Net Profit | 1.03 | 1.30 | 1.51 | 0.71 | 0.35 | 3.92 | 1.82 | 2.23 | 1.41 | 2.15 | -0.12 | 5.88 | 4.48 |
| EPS in Rs | 2.83 | 3.57 | 4.15 | 1.95 | 0.96 | 10.78 | 5.00 | 6.13 | 3.88 | 5.91 | -0.33 | 16.16 | 12.31 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 241 | 231 | 227 | 259 | 286 | 201 | 181 | 246 | 264 | 237 | 236 | 235 | 237 |
| Expenses | 226 | 215 | 212 | 237 | 261 | 193 | 168 | 228 | 254 | 223 | 213 | 207 | 205 |
| Operating Profit | 14 | 16 | 15 | 22 | 26 | 8 | 13 | 19 | 11 | 14 | 23 | 28 | 33 |
| OPM % | 6% | 7% | 7% | 8% | 9% | 4.2% | 7% | 8% | 4.0% | 6% | 10% | 12% | 14% |
| Other Income | 2 | 3 | 5 | 7 | 6 | 3 | 1 | 1 | 5 | 4 | 3 | 4 | 3 |
| Interest | 6 | 5 | 4 | 6 | 8 | 5 | 3 | 4 | 3 | 6 | 7 | 8 | 7 |
| Depreciation | 13 | 12 | 10 | 13 | 15 | 14 | 13 | 12 | 11 | 6 | 8 | 10 | 11 |
| Profit before tax | -3 | 2 | 5 | 9 | 10 | -8 | -2 | 4 | 1 | 6 | 12 | 14 | 18 |
| Tax % | -24% | 46% | 33% | 29% | 28% | -15% | -15% | 22% | 113% | 19% | 28% | 35% | |
| Net Profit | -2 | 1 | 3 | 7 | 7 | -7 | -2 | 3 | -0 | 5 | 8 | 9 | 12 |
| EPS in Rs | -6.21 | 3.02 | 9.57 | 18.03 | 19.13 | -19.05 | -4.84 | 8.60 | -0.49 | 12.51 | 22.84 | 25.62 | 34.05 |
| Dividend Payout % | 0% | 66% | 21% | 19% | 21% | -5% | -31% | 35% | -607% | 24% | 18% | 16% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | -4.0% | 5.0% | 0.0% |
| Profit CAGR | 245.0% | 55.0% | 24.0% |
Shareholding Pattern
Promoters58.73%
Public41.26%
Promoters58.76%
Public41.24%
Promoters58.76%
Public41.24%
Promoters58.76%
Public41.23%
Promoters58.76%
Public41.23%
Promoters58.71%
Public41.29%
Promoters58.71%
Public41.29%
Promoters58.71%
Public41.29%
Promoters58.76%
Public41.23%
Promoters58.76%
Public41.23%
KALYANIFRG
Holdings Analysis
Key strengths & risk signals
57
Overall
30
Fundamental
85
Technical
Risks (1)
Cannot calculate PEG - insufficient growth data.
Strengths (3)
BULLISH TREND! 50-day average (770.8) is above 200-day average (650.0) - positive signal.
GOOD YEAR! Stock gained 44.6% in the last year.
BULLISH SENTIMENT! In last 30 days: 16 up days, 14 down days. Avg volume on up days: 30,529 vs down days: 4,019. Ratio: 7.6x
Fundamental & Technical Analysis
57Overall
30Fundamental
85Technical
Fundamental Breakdown
Growth Quality
4/30
Revenue CAGR: -4.0% (DECLINING, 2/15). Profit CAGR: 0% (DECLINING, 2/15).
Profit Margin
3/10
LOW MARGIN! 5.2% profit margin - thin profits.
PEG Valuation
1/10
Cannot calculate PEG - insufficient growth data.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.43% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
5/20
TOO MUCH PUBLIC HOLDING! 41.28% public ownership - higher volatility risk.
Stability Index
4/10
UNSTABLE! 3 revenue dips in history. Business growth is inconsistent.
Technical Breakdown
Moving Averages
12/10
BULLISH TREND! 50-day average (770.8) is above 200-day average (650.0) - positive signal.
Price Position
8/10
STRONG POSITION! Current price (974.2) is above both moving averages.
Trend Pattern
10/20
BREAKDOWN! Stock has broken below support levels - weakness present.
52W Performance
10/10
GOOD YEAR! Stock gained 44.6% in the last year.
Volume Sentiment
30/30
BULLISH SENTIMENT! In last 30 days: 16 up days, 14 down days. Avg volume on up days: 30,529 vs down days: 4,019. Ratio: 7.6x
RSI
3/5
NEUTRAL! RSI at 57.8 - balanced momentum.
52W Range
4/5
UPPER HALF! Trading at 67.4% of 52W range - positive territory.
Momentum
3/5
MIXED MOMENTUM! Price growth is inconsistent - -0.1% (1 week), 44.3% (1 month), 61.9% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of -0.20 - stable stock, less market risk.
KALYANIFRG
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q1FY272026-08-25 | Concall PDF | |
| Q4FY262026-06-09 | Concall PDF | |
| Q3FY262026-02-17 | Concall PDF | |
| Q2FY262025-11-20 | Concall PDF |
Peer Comparison
Consumer Cyclical · Auto Parts · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KALYANIFRG | ₹974.20 | 28.6 | 5.2% | -4.0% | – | +44.6% | 57 | BREAKDOWN | +221.4% | -23.7% | +4.2% | +17.2% |
| PPAP | ₹246.20 | 7.3 | 7.6% | 3.4% | – | +6.1% | 65 | BREAKOUT | -139.1% | -98.0% | +34.1% | -10.4% |
| TOLINS | ₹88.10 | 10.9 | 10.3% | 40.4% | 92.6% | -48.9% | 59 | BREAKDOWN | -33.3% | -30.3% | -11.6% | +1.7% |
| AUTOIND | ₹81.70 | 9.2 | 4.3% | 13.1% | 51.3% | +18.5% | 69 | BREAKDOWN | +280.0% | -93.8% | +74.7% | -8.2% |
| UCAL | ₹142.60 | – | -2.5% | 0.5% | – | +5.6% | 59 | BREAKDOWN | -196.7% | -143.9% | +4.4% | -13.0% |
| REMSONSIND | ₹116.80 | 23.6 | 3.5% | 14.5% | 29.2% | -8.8% | 75 | BREAKOUT | -19.4% | -44.2% | +20.2% | -8.2% |
| OMAXAUTO | ₹200.20 | 10.6 | 8.0% | 18.0% | – | +45.1% | 77 | BREAKOUT | +49.3% | -38.7% | +22.5% | -30.0% |
| ELGIRUBCO | ₹55.00 | – | -56.4% | -3.2% | – | -14.3% | 51 | BREAKDOWN | -2,820.0% | -120.0% | -18.1% | -18.8% |
Data from TradeAlone · Updated daily
