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
₹803.50
-6.68% 1W | +12.40% 52W
Market Cap
292 CR
P/E Ratio
23.6
52W High
₹1192.2
52W Low
₹523.6
Div. Yield
0.49%
Beta
-0.2
50 DMA
₹858.5
200 DMA
₹669.3
Profit Margin
5.2%
Inst. Own.
0%
⚠️ BREAKDOWN
⚠️ 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
Promoters58.76%
Public41.24%
Promoters58.76%
Public41.24%
Promoters58.76%
Public41.23%
Promoters58.76%
Public41.23%
Promoters58.76%
DIIs0.56%
Public40.67%
Promoters58.71%
Public41.29%
Promoters58.71%
Public41.29%
Promoters58.71%
Public41.29%
Promoters58.76%
Public41.23%
Promoters58.76%
DIIs0.56%
Public40.67%
KALYANIFRG
Holdings Analysis
Key strengths & risk signals
49
Overall
30
Fundamental
69
Technical
Risks (3)
Cannot calculate PEG - insufficient growth data.
RECOVERY MODE! Current price (803.5) above 200-day but below 50-day.
WEAK MOMENTUM! Limited price growth - -6.7% (1 week), -19.2% (1 month), 31.4% (3 months).
Strengths (3)
BULLISH TREND! 50-day average (858.5) is above 200-day average (669.3) - positive signal.
LOW VOLATILITY! Beta of -0.20 - stable stock, less market risk.
BULLISH SENTIMENT! In last 30 days: 12 up days, 18 down days. Avg volume on up days: 4,143 vs down days: 2,765. Ratio: 1.5x
Fundamental & Technical Analysis
49Overall
30Fundamental
69Technical
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! 0.49% 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 (858.5) is above 200-day average (669.3) - positive signal.
Price Position
2/10
RECOVERY MODE! Current price (803.5) above 200-day but below 50-day.
Trend Pattern
10/20
BREAKDOWN! Stock has broken below support levels - weakness present.
52W Performance
6/10
POSITIVE YEAR! Stock gained 12.4% in the last year.
Volume Sentiment
25/30
BULLISH SENTIMENT! In last 30 days: 12 up days, 18 down days. Avg volume on up days: 4,143 vs down days: 2,765. Ratio: 1.5x
RSI
4/5
APPROACHING OVERSOLD! RSI at 37.4 - watch for reversal.
52W Range
3/5
MID RANGE! Trading at 41.9% of 52W range - neutral zone.
Momentum
2/5
WEAK MOMENTUM! Limited price growth - -6.7% (1 week), -19.2% (1 month), 31.4% (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 | ₹803.50 | 23.6 | 5.2% | -4.0% | – | +12.4% | 49 | BREAKDOWN | +221.4% | -23.7% | +4.2% | +17.2% |
| UCAL | ₹131.20 | – | -2.5% | 0.5% | – | +3.6% | 51 | BREAKDOWN | -196.7% | -143.9% | +4.4% | -13.0% |
| ELGIRUBCO | ₹54.40 | – | -56.4% | -3.2% | – | -10.3% | 54 | BOUNCE FROM SUPPORT | -2,820.0% | -120.0% | -18.1% | -18.8% |
| SHIVAMAUTO | ₹16.60 | – | -19.6% | -3.8% | – | -44.1% | 41 | CONSOLIDATION | +18.6% | -21.3% | +20.8% | +0.2% |
| SUNDRMBRAK | ₹658.20 | 72.3 | 1.0% | -1.0% | – | -10.6% | 41 | APPROACHING SUPPORT | -200.0% | -93.3% | -1.1% | +0.7% |
| REMSONSIND | ₹96.70 | 19.5 | 3.5% | 14.5% | 29.2% | -19.0% | 67 | BREAKDOWN | -19.4% | -44.2% | +20.2% | -8.2% |
| MENNPIS | ₹66.80 | 13.1 | 8.5% | 6.4% | 3.1% | -6.5% | 54 | BREAKDOWN | +5.1% | +86.4% | +3.7% | +13.8% |
| BIMETAL | ₹634.00 | 21.2 | 3.7% | 9.1% | 1.7% | +34.2% | 65 | BREAKDOWN | -7.1% | +2.6% | +10.9% | -15.7% |
Data from TradeAlone · Updated daily
