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Disclaimer: The ratings and scores are generated algorithmically from publicly available market data and are provided for educational and informational purposes only. They do not constitute investment advice, recommendation, or solicitation to buy/sell any securities. Bull Run is not a SEBI-registered Research Analyst/Investment Adviser.

HomeStocksCastings & ForgingsKalyani Forge Ltd

Kalyani Forge Ltd Stock Price Today (NSE: KALYANIFRG)

Kalyani Forge Ltd

KALYANIFRGCastings & Forgings
₹650.75+₹0.00 (+0.00%)↑
As on 20 Feb 2026, 02:52 pm ISTMarket Closed

Fundamental Score

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Kalyani Forge Ltd Share Price Live NSE/BSE & Institutional Fundamental Analysis

Kalyani Forge Ltd share price today is ₹650.75, up +0.00% on NSE/BSE as of 20 February 2026. Kalyani Forge Ltd (KALYANIFRG) is a Small-cap company in the Castings & Forgings sector with a market capitalisation of ₹242.00 (Cr). The 52-week high for KALYANIFRG share price is ₹N/A and the 52-week low is ₹N/A. At a P/E ratio of 31.80x, KALYANIFRG is currently trading above its industry average P/E of 28.08x. The company has a Return on Equity (ROE) of 9.77% and a debt-to-equity ratio of 0.99.

Kalyani Forge Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
₹0.00
Low
₹0.00
Volume
0
Change
+0.00%

Returns & Performance

Poor

ROE

9.77%
Poor

ROCE

12.33%
Poor

OPM (5Y)

6.84%

Div Yield

0.60%

Kalyani Forge Ltd Valuation Check

Poor

P/E Ratio

31.80x
Poor

Industry P/E

28.08x
Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Market Cap

242.00 (Cr)

Growth Engine

Poor

Profit Growth (Q)

-45.15%
Poor

Sales Growth (Q)

-10.69%
Poor

Sales Growth (5Y)

3.32%
Excellent

EPS Growth (5Y)

26.28%
Excellent

Profit Growth (5Y)

26.28%

Balance Sheet Health

Poor

Debt to Equity

0.99x
Poor

Int. Coverage

2.12x

Free Cash Flow (5Y)

-13.58 (Cr)

Shareholding

Excellent

Promoter

58.76%
Poor

FII

0.00%
Poor

DII

0.00%
Excellent

Pledged

0.00%

Institutional Deep-Dive

Bull Run Research Hub

Kalyani Forge Share Price: A Conservative Value Investor's Perspective

The castings and forgings industry, vital to sectors like automotive and infrastructure, often reflects broader economic cycles. Today, we analyze the Kalyani Forge share price, currently at ₹605.45. As a conservative value investor prioritizing capital safety, our focus isn't on speculative gains, but on the intrinsic value and financial health of the company. This analysis forms part of a comprehensive 80-parameter fundamental audit, verified by Sweta Mishra, focusing on long-term sustainability.

A key metric for value investors is the Price-to-Earnings (PE) ratio. Kalyani Forge's PE of 31.8 suggests a relatively premium valuation compared to the overall market. To gain further context, we observe its performance against sector peers such as Ganga Forging Ltd, Steelcast Ltd, and Gujarat Intrux Ltd. While a high PE isn't inherently negative, it necessitates careful examination of the company's growth prospects and financial strength.

Return on Capital Employed (ROCE) is a crucial indicator of management's efficiency in deploying capital. Kalyani Forge's ROCE of 12.33% indicates the return generated from the capital employed in the business. This ROCE figure contributes, though not definitively, to the company's competitive moat. A consistently higher ROCE than its cost of capital would demonstrate a stronger ability to generate profits and potentially create a sustainable advantage. Lower ROCE raises questions about long term sustainability and management's capital allocation decisions. Comparing Kalyani Forge Ltd with peers Ganga Forging Ltd provides insight into relative management quality; a history of superior capital allocation by Ganga Forging's management would influence our perspective.

Ultimately, a conservative approach demands a thorough assessment of Kalyani Forge's debt levels, cash flow generation, and competitive landscape. While the current share price reflects market sentiment, our analysis underscores the importance of understanding the underlying fundamentals and assessing the risk-reward profile through the lens of capital preservation. A detailed investigation into earnings quality, revenue diversification, and future growth drivers is essential for determining the true intrinsic value and long-term investment potential.

SM
Analysis by Sweta Mishra
SEBI Registered Research Analyst

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Kalyani Forge Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of KALYANIFRG across key market metrics for learning purposes.

Positive Indicators

4 factors identified

Excellent EPS Growth (26.28% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (26.28% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Balanced Promoter Holding (58.76%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

6 factors identified

Below-Average Return on Equity (9.77%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Profit Decline Concern (-45.15%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Revenue Contraction (-10.69%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Limited Growth History (3.32% CAGR)

Observation: Below-average 5-year sales growth trajectory.

Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.

Weak Interest Coverage (2.12x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Negative Free Cash Flow (₹-13.58 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Kalyani Forge Ltd Financial Statements

Comprehensive financial data for Kalyani Forge Ltd including income statement, balance sheet and cash flow

About KALYANIFRG (Kalyani Forge Ltd)

Kalyani Forge Ltd (KALYANIFRG) is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. The company operates in the Castings & Forgings sector with a current market capitalisation of ₹242.00 (Cr). Kalyani Forge Ltd has delivered a Return on Equity (ROE) of 9.77% and a ROCE of 12.33%. The debt-to-equity ratio stands at 0.99, reflecting the company's capital structure. Investors tracking KALYANIFRG share price can monitor key metrics including P/E ratio, promoter holding of 58.76%, and quarterly earnings growth.

Company Details

Symbol:KALYANIFRG
Industry:Castings & Forgings
Sector:Castings & Forgings
Website:https://kalyaniforge.com

Key Leadership

Ms. Rohini Gaurishankar Kalyani B.Sc.
Executive Chairperson
Mr. Viraj Gaurishankar Kalyani
MD & Executive Director
Ms. Aishwarya Parwal
Company Secretary & Compliance Officer

Corporate Events

Recent
Ex-Dividend Date
2025-08-22

KALYANIFRG Share Price: Frequently Asked Questions

What is the current share price of Kalyani Forge Ltd (KALYANIFRG)?

As of 20 Feb 2026, 02:52 pm IST, Kalyani Forge Ltd share price is ₹650.75. The KALYANIFRG stock has a market capitalisation of ₹242.00 (Cr) on NSE/BSE.

Is KALYANIFRG share price Overvalued or Undervalued?

KALYANIFRG share price is currently trading at a P/E ratio of 31.80x, compared to the industry average of 28.08x. Based on this relative valuation, the Kalyani Forge Ltd stock appears to be Overvalued against its sector peers.

What is the 52-week high and low of KALYANIFRG share price?

The 52-week high of KALYANIFRG share price is ₹N/A and the 52-week low is ₹N/A.

What factors affect the Kalyani Forge Ltd share price?

Key factors influencing KALYANIFRG share price include quarterly earnings growth (Sales Growth: -10.69%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).

Is Kalyani Forge Ltd a good stock for long-term investment?

Kalyani Forge Ltd shows a 5-year Profit Growth of 26.28% and an ROE of 9.77%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.99 before investing in KALYANIFRG shares.

How does Kalyani Forge Ltd compare with its industry peers?

Kalyani Forge Ltd competes with major peers in the Castings & Forgings. Investors should compare KALYANIFRG share price P/E of 31.80x and ROE of 9.77% against the industry averages to determine competitive standing.

What is the P/E ratio of KALYANIFRG and what does it mean?

KALYANIFRG share price has a P/E ratio of 31.80x compared to the industry average of 28.08x. Investors pay ₹32 for every ₹1 of annual earnings.

How is KALYANIFRG performing according to Bull Run's analysis?

KALYANIFRG has a Bull Run fundamental score of 33.6/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does KALYANIFRG belong to?

KALYANIFRG operates in the Castings & Forgings industry. This classification helps understand the competitive landscape and sector-specific trends affecting Kalyani Forge Ltd share price.

What is Return on Equity (ROE) and why is it important for KALYANIFRG?

KALYANIFRG has an ROE of 9.77%, which suggests challenges in generating returns from shareholders equity. ROE measures how efficiently Kalyani Forge Ltd generates profits from shareholders capital.

How is KALYANIFRG debt-to-equity ratio and what does it indicate?

KALYANIFRG has a debt-to-equity ratio of 0.99, which indicates moderate leverage that should be monitored.

What is KALYANIFRG dividend yield and is it a good dividend stock?

KALYANIFRG offers a dividend yield of 0.60%, meaning you receive ₹0.60 annual dividend for every ₹100 invested in Kalyani Forge Ltd shares.

How has KALYANIFRG share price grown over the past 5 years?

KALYANIFRG has achieved 5-year growth rates of: Sales Growth 3.32%, Profit Growth 26.28%, and EPS Growth 26.28%.

What is the promoter holding in KALYANIFRG and why does it matter?

Promoters hold 58.76% of KALYANIFRG shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Kalyani Forge Ltd.

What is KALYANIFRG market capitalisation category?

KALYANIFRG has a market capitalisation of ₹242 crores, placing it in the Small-cap category.

How volatile is KALYANIFRG stock?

KALYANIFRG has a beta of N/A. A beta > 1 suggests the Kalyani Forge Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is KALYANIFRG operating profit margin trend?

KALYANIFRG has a 5-year average Operating Profit Margin (OPM) of 6.84%, indicating the company's operational efficiency.

How is KALYANIFRG quarterly performance?

Recent quarterly performance shows Kalyani Forge Ltd YoY Sales Growth of -10.69% and YoY Profit Growth of -45.15%.

What is the institutional holding pattern in KALYANIFRG?

KALYANIFRG has FII holding of 0.00% and DII holding of 0.00%. Significant institutional holding often suggests professional confidence in the Kalyani Forge Ltd stock.

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