Kalyani Forge Ltd.
Snapshot View

172.90 -1.05 ▼-0.6%

25 May 2022, 03:31:19 PM
Volume: 432

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Forgings Compare with Industry peers
Website http://www.kalyaniforge.co.in
Market Cap 62.90 Cr.
Enterprise Value(EV) 90.86 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) 5.53 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) 31.29 Trailing Twelve Months Ending 2021-12
Industry PE 31.84 Trailing Twelve Months Ending 2021-12
Book Value / Share 280.67 Trailing Twelve Months Ending 2021-12
Price to Book Value 0.62 Calculated using Price: 172.90
Dividend Yield 0.87 Period Ending 2021-03
No. of Shares Subscribed 0.36 Cr. 3,638,000 Shares
FaceValue 10
Company Profile

Kalyani Forge was established on January 29, 1979, as a private limited company by the name of Ellora Engineering Company Private Limited. later in 1992 was converted into a public limited company and also changed its name to the present one. The company is a part of the well reputed Kalyani group and has been promoted by U A Tahale and P S Kalyani.

The company is engaged in the manufacturing of Forgings, Precision Machined Components  and Sub-assemblies.

The company was formed at a time when the engineering industry, and particularly the automotive sector, was experiencing a change in the demand pattern. This compelled forging units to consider new ways and means to meet the buyers requirements on qualitative and quantitative terms. Kalyani Forge, the first and perhaps the only forge shop in India to exclusively use press technology for small forgings, successfully bridged the gap with consistent high quality and timely delivery.

Kalyani Forge is TS 16949 & QS 9000 certified company that manufactures closed die press forgings using HOT, WARM & COLD forging technologies in the weight range - 50 gms to 12 kgs. Kalyani Forge specializes in the manufacture of connecting rods for two & four wheelers.

Kalyani Forge is well located at Koregaon Bhima, 30 Km from Pune which is known as 'The Detroit of India' & 'The Oxford of the East'. It is around 160 Kms from Mumbai i.e. approximately 30 minutes by air & 3 hours by road. Pune is well connected to other metropolitan cities like Delhi, Bangalore, Chennai, Kolkatta.

Product range of the company includes:

Hot forgings

  • Crankshafts
  • Profiles
  • Connecting rods
  • Shifter Forks
  • Under Brackets

Cold forgings

  • Spline shafts
  • Kidney gears

Warm forgings

  • Lug gears
  • Tulips, gear wheel

Machine components

  • Precision machined components

Different divisions of the company are:

  • Product Engineering Division
  • Hot Forging Division
  • Metal Forms Division
  • Precision Auto Components Division
  • Metallurgical & Metrological Testing 

Milestones :

  • 2004 - Forging Capacity Expansion & TS16949 Certification 
  • 2003- Machining Capacity Expansion 
  • 2002- Technology Upgradation for CAD/CAM Facilities
  • 2001- QS 9000 Certification
  • 1999- Establishment of Metal Forms Division
  • 1995- ISO 9002 Certification & Establishment of Machine Shop 
  • 1992 - Maiden Export Order from Italy 
  • 1981 - Commencement of Commercial Production of Hot Forgings 
  • 1979 - Company Incorporation

Achievements/ recognition:

  • TS 16949 Certified by Underwriters Laboratories (UL) , USA & QS 9000

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.60%
1 Week
+4.00%
1 Month
-10.48%
3 Month
-8.35%
6 Month
-10.48%
1 Year
-10.67%
2 Year
+31.08%
5 Year
-40.13%
10 Year
-11.33%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 9.27 4.74 -2.26 1.13 3.49 6.29 6.38 -6.48 -1.74
Return on Capital Employed (%) 13.13 7.52 2.13 4.92 5.90 9.36 10.49 -1.89 0.56
Return on Assets (%) 4.05 2.23 -1.10 0.55 1.61 2.79 3.02 -3.39 -0.97

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds 99 103 97 98 102 107 112 102 100 102
Non Curr. Liab. 37 25 16 7 18 21 10 5 4 4
Curr. Liab. 83 82 88 93 115 107 105 76 77 76
Minority Int.
Equity & Liab. 219 210 201 198 235 235 227 182 181 182
Non Curr. Assets 109 102 84 76 107 98 84 72 60 55
Curr. Assets 109 108 118 122 129 137 143 111 121 127
Misc. Exp. not W/O
Total Assets 219 210 201 198 235 235 227 182 181 182

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 261 205 241 231 227 259 286 201 181 247
Other Income 2 2 3 3 5 7 6 3 1 1
Total Income 262 208 244 234 231 266 293 204 182 248
Total Expenditure -228 -182 -228 -215 -212 -237 -261 -193 -169 -228
PBIDT 35 26 16 19 19 29 32 11 14 20
Interest -8 -5 -6 -5 -4 -7 -8 -5 -3 -3
Depreciation -13 -13 -13 -12 -10 -13 -15 -14 -13 -12
Taxation -5 -2 1 -1 -2 -3 -3 1 0 -2
Exceptional Items
PAT 9 5 -2 1 3 7 7 -7 -2 2
Adjusted EPS 24 13 -6 3 10 18 19 -19 -5 6

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 33 30 19 25 19 15 12 30 24 7
Cash Fr. Inv. -15 -24 -6 -2 -5 -41 -2 -7 -1 -1
Cash Fr. Finan. -12 -11 -15 -20 -11 19 -8 -25 -23 -7
Net Change 7 -5 -2 3 3 -7 2 -2 0 -1
Cash & Cash Eqvt 8 4 2 5 9 1 4 1 1 0

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 58.61 58.61 58.61 58.61 58.61 58.61 58.61 58.61 58.61
Public 41.39 41.39 41.39 41.39 41.39 41.39 41.39 41.39 41.39
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 08 Apr 2022
Disclosure under SEBI Takeover Regulations
Promoter/Promoter Group of Kalyani Forge Limited has submitted a disclosure under Regulation 31(4) of SEBI Takeover Regulations for the year ended 31-Mar-2022
Thu, 07 Apr 2022
Disclosure under SEBI Takeover Regulations
Promoter/Promoter Group of Kalyani Forge Limited has submitted a disclosure under Regulation 31(4) of SEBI Takeover Regulations for the year ended 31-Mar-2022
Thu, 31 Mar 2022
Closure of trading window
Kalyani Forge Limited has informed the Exchange about Closure of trading window for Quarter and Year Ended 31st March, 2022

Technical Scans View Details

Wed, 25 May 2022
Closing Below Previous Low Closing Below Previous Low
Close Within 52 Week Low Zone Close Within 52 Week Low Zone
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index
High Decrease 1 Month High Decrease 1 Month
Tue, 24 May 2022
Opening at Low Opening at Low

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