Krishanveer Forge Ltd Stock Price Today (NSE: KVFORGE)

Krishanveer Forge Ltd

156.60+5.65 (+3.74%)
Market Closed

Fundamental Score

...

Krishanveer Forge Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Krishanveer Forge Ltd share price today is 156.60, up +3.74% on NSE/BSE as of 4 August 2026. Krishanveer Forge Ltd (KVFORGE) is a Small-cap company in the Castings & Forgings sector with a market capitalisation of 171.32 (Cr). The 52-week high for KVFORGE share price is 184.00 and the 52-week low is 106.00. At a P/E ratio of 18.44x, KVFORGE is currently trading below its industry average P/E of 30.80x. The company has a Return on Equity (ROE) of 19.80% and a debt-to-equity ratio of 0.00.

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

No data
High
184.00
Low
142.60
Volume
6.8K
Change
-2.46%

Krishanveer Forge Ltd share price chart: -2.46% return over the past month. 52-week high ₹184.00, 52-week low ₹106.00.

Krishanveer Forge Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
153.20153.20146.25149.15787.00 (Cr)
151.00151.75144.00150.952.47K (Cr)
152.70152.70148.00149.50618.00 (Cr)
147.00151.60145.00150.001.47K (Cr)
147.45155.45142.60145.754.75K (Cr)
155.70155.70147.10148.854.30K (Cr)
150.00153.85148.20153.10473.00 (Cr)
158.55160.90150.95151.652.11K (Cr)
153.65161.10146.90157.002.02K (Cr)
151.00159.00150.15153.651.96K (Cr)

Krishanveer Forge Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
153.20153.20146.25149.15-2.64%
162.90184.00142.60150.95-7.34%
165.00176.00128.00155.05-6.03%
122.20155.25116.00150.10+22.83%
113.00136.00106.00125.90+11.42%
131.00142.00108.50111.80-14.66%
135.00144.40125.30133.00-1.48%
149.95151.95116.75130.40-13.04%
139.80152.95125.00148.75+6.40%
143.10144.70125.00133.70-6.57%
141.25153.90133.00140.00-0.88%
140.90148.95125.00139.50-0.99%

AI Research Briefing

Powered by Gemini · 2026-04-17

Microcap play on forging sector growth, but energy costs and illiquidity are brutal risks.

Research Confidence
6.0/10Moderate
MICRO-CAP DARK HORSEPrice is -25.6% from its 52W high.P/E of 23.04x vs Industry P/E of 28.08x suggests fair valuation.

WHAT'S HAPPENING NOW (last 2-4 weeks)

No major catalysts found after live search. The company announced closure of its trading window for the quarter and year ending March 31, 2026.

CORE STORY (THE REAL GAME)

Krishanveer Forge is a play on the Indian castings and forgings sector growth, driven by automotive, aerospace, and construction demand. The company specializes in open die forgings for critical applications.

Why Now
  • Forging sector growth projections
  • Recent profit growth
  • Specialization in critical components
Potential Catalysts
  • New order wins
  • API certification for deeper Oil & Gas penetration
  • Successful cost pass-through to customers
Key Risks
  • Microcap illiquidity
  • High energy cost sensitivity
  • Geopolitical risk in Middle East impacting energy prices
Institutional Activity

Promoter holding stable at 72.47%. No FII/DII activity reported.

Macro Context

Indian castings and forgings market benefits from 'Make in India' initiative and increasing automobile demand.

Cash Flow Quality

Free Cash Flow 5Y is ₹11.41 Cr.

3–6 Month Outlook

3-6 month thesis: Monitor energy costs and order book. Watch for margin compression. If energy costs stabilize and order book grows, upgrade to BUY.

Primary Thesis Risk

Spike in energy prices decimates margins.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Excellent

Return on Equity (ROE)

19.80%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

26.21%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

9.41%

Average operating profit margin over 5 years

Good

Dividend Yield

1.60%

Annual dividend as % of current share price

Krishanveer Forge Ltd Valuation Check

Excellent

Price to Earnings (P/E)

18.44x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

30.80x

Average P/E of all peers in this sector

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

Shareholding Pattern

Excellent

Promoter Holding

72.47%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

104.83%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

22.86%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

17.17%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

21.01%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

21.01%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.00x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

592.50x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

6.95 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

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

Krishanveer Forge Ltd Fundamental Analysis & Valuation Benchmarking

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

Positive Indicators

12 factors identified

Strong Return on Equity (19.80%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (26.21%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Attractive Valuation (P/E: 18.44 vs Industry: 30.80)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Robust Profit Growth (104.83%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (22.86%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (17.17% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (21.01% CAGR)

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

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

Strong Profit Growth Track Record (21.01% CAGR)

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

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

Debt-Free Balance Sheet (D/E: 0.00)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (592.50x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Balanced Promoter Holding (72.47%)

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

0 factors identified

No significant concerns identified in current analysis.

Krishanveer Forge Ltd vs Castings & Forgings Peers

Peer Comparison - Castings & Forgings

Compare Krishanveer Forge Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
75.9/100
157
₹171.32
18.4
Average
19.80%
Good
26.21%
Excellent
0.0
Excellent
21.01%
Excellent
17.17%
Excellent
1.60%
68.3/100
4591
₹45082.48
35.4
Average
17.02%
Good
21.09%
Excellent
0.0
Excellent
18.69%
Excellent
8.93%
Good
0.33%
66/100
1653
₹15270.09
51.1
Average
15.03%
Good
18.03%
Good
0.1
Excellent
28.18%
Excellent
21.46%
Excellent
0.25%
59.9/100
440
₹5471.12
21.1
Average
19.56%
Good
22.72%
Excellent
0.1
Excellent
102.41%
Excellent
50.78%
Excellent
0.03%
64/100
310
₹3104.81
36.0
Average
23.96%
Excellent
32.30%
Excellent
0.0
Excellent
49.15%
Excellent
21.82%
Excellent
0.56%
65.4/100
1785
₹2041.72
72.2
Average
16.79%
Good
23.46%
Excellent
0.0
Excellent
118.32%
Excellent
39.97%
Excellent
0.00%
Nelcast Ltd...
NELCAST532864
57.5/100
121
₹1148.67
23.7
Average
8.43%
Poor
11.43%
Average
0.4
Excellent
39.88%
Excellent
16.65%
Excellent
0.53%
28.9/100
603
₹926.90
186.1
Average
4.55%
Poor
9.24%
Poor
2.3
Poor
9.52%
Good
13.02%
Good
0.17%
56.2/100
70
₹891.28
141.5
Average
5.24%
Poor
7.53%
Poor
0.3
Excellent
76.29%
Excellent
39.49%
Excellent
0.00%
61.2/100
816
₹821.96
67.8
Average
12.51%
Average
14.39%
Average
0.7
Good
102.07%
Excellent
12.48%
Good
0.06%
53.8/100
157
₹567.82
22.7
Average
27.52%
Excellent
31.78%
Excellent
0.0
Excellent
0.00%

Krishanveer Forge Ltd PE Ratio History

Historical price-to-earnings ratio for KVFORGE — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20243.65₹104.0028.5x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Krishanveer Forge Ltd Dividend History

Annual cash dividends paid by KVFORGE — dividend yield 1.60%

Financial YearDividends Paid (₹ Cr)
FY 20252.19 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Krishanveer Forge Ltd Quarterly Performance

Latest quarterly metrics for KVFORGE — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

22.86%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

104.83%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

17.17%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

21.01%

Compounded annual net profit growth over 5 years

Krishanveer Forge Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for KVFORGE — calculated from daily price history

33RSI 14
Neutral — RSI 33

Momentum is balanced — neither overbought nor oversold.

SMA 50
146
▲ Price above SMA 50 — Short-term bullish
SMA 200
136
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
10K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Krishanveer Forge Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Krishanveer Forge Ltd (KVFORGE) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Krishanveer Forge Ltd

About KVFORGE (Krishanveer Forge Ltd)

Krishanveer Forge Ltd is a leading manufacturer of bespoke open die forgings and castings, dedicated to crafting high-performance components for diverse industrial applications. Wi...th a steadfast commitment to quality and precision, KVFORGE utilizes advanced metallurgical techniques and rigorous quality control processes to ensure every product meets the exacting demands of its clients. From the initial design consultation to the final finishing touches, KVFORGE collaborates closely with customers to deliver tailored solutions that optimize performance, durability, and cost-effectiveness. The company prides itself on its ability to handle complex geometries and challenging material specifications, making it a trusted partner for businesses seeking reliable and innovative forging and casting solutions. KVFORGE specializes in producing a wide array of forged and cast components, encompassing an extensive range of material grades including carbon steels, alloy steels, tool steels, and stainless steels. These materials are expertly transformed into an array of shapes, such as shafts, blocks, rings, discs, and custom-designed profiles, catering to a multitude of engineering requirements. By mastering the art of open die forging and precision casting, KVFORGE offers unparalleled flexibility in component size and complexity, allowing for the creation of parts that are integral to the success of demanding applications. The company's state-of-the-art manufacturing facilities and skilled workforce ensure that each product meets the highest standards of quality and performance, contributing to the reliability and longevity of its clients' operations. KVFORGE's commitment to excellence extends beyond its manufacturing capabilities, encompassing a dedicated focus on customer service and industry expertise. The company serves a broad spectrum of industries, including power generation, oil and gas, heavy engineering, transportation, and renewable energy. Within these sectors, KVFORGE provides essential components for critical applications, such as turbine shafts, gear blanks, pressure vessels, and structural elements. By consistently delivering high-quality products and fostering strong customer relationships, KVFORGE has established itself as a premier supplier of forged and cast components, supporting the growth and success of businesses across diverse industries.

Company Details

Symbol:KVFORGE
Industry:Castings & Forgings
Sector:Castings & Forgings

Key Leadership

Mr. Nitin Shyam Rajore
Whole-Time Director
Mr. Viralkumar S. Shah
Chief Financial Officer
Mr. Mahendra Ravso Samdole
Company Secretary and Compliance Officer

Corporate Events

Recent
Ex-Dividend Date

KVFORGE Share Price: Frequently Asked Questions

What is the current share price of Krishanveer Forge Ltd?

Krishanveer Forge Ltd (KVFORGE) trades at ₹156.60 on NSE and BSE. Market cap ₹171.32 (Cr). Educational data only.

What is the P/E ratio of Krishanveer Forge Ltd?

Krishanveer Forge Ltd has a P/E of 18.44x vs industry average 30.80x.

What is the Bull Run score for Krishanveer Forge Ltd?

Krishanveer Forge Ltd has a Bull Run score of 75.9/100 based on 25+ financial parameters.

Does Krishanveer Forge Ltd pay dividends?

Krishanveer Forge Ltd has a dividend yield of 1.60%. Past dividends don't guarantee future payments.

What is the ROE of Krishanveer Forge Ltd?

Krishanveer Forge Ltd has ROE of 19.80%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Krishanveer Forge Ltd?

Krishanveer Forge Ltd has debt-to-equity of 0.00.

Is Krishanveer Forge Ltd a good investment?

Bull Run gives Krishanveer Forge Ltd a score of 75.9/100. This is not investment advice — consult a SEBI-registered advisor.