Kalyani Forge Ltd
Incorporated in 1979, Kalyani Forge Ltd manufactures high-quality, hot-warm and cold-forged products[1]
- Market Cap ₹ 159 Cr.
- Current Price ₹ 437
- High / Low ₹ 573 / 232
- Stock P/E 34.6
- Book Value ₹ 296
- Dividend Yield 0.69 %
- ROCE 6.25 %
- ROE 3.52 %
- Face Value ₹ 10.0
Pros
Cons
- The company has delivered a poor sales growth of 0.62% over past five years.
- Company has a low return on equity of 1.73% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Castings, Forgings & Fastners Industry: Castings & Forgings
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
278 | 261 | 205 | 241 | 231 | 227 | 259 | 286 | 201 | 181 | 246 | 267 | 244 | |
238 | 228 | 182 | 226 | 215 | 212 | 237 | 261 | 193 | 168 | 228 | 252 | 227 | |
Operating Profit | 40 | 33 | 24 | 14 | 16 | 15 | 22 | 26 | 8 | 13 | 19 | 14 | 17 |
OPM % | 14% | 13% | 11% | 6% | 7% | 7% | 8% | 9% | 4% | 7% | 8% | 5% | 7% |
1 | 2 | 2 | 2 | 3 | 5 | 7 | 6 | 3 | 1 | 1 | 5 | 5 | |
Interest | 9 | 8 | 5 | 6 | 5 | 4 | 6 | 8 | 5 | 3 | 4 | 3 | 5 |
Depreciation | 12 | 13 | 13 | 13 | 12 | 10 | 13 | 15 | 14 | 13 | 12 | 11 | 9 |
Profit before tax | 20 | 14 | 7 | -3 | 2 | 5 | 9 | 10 | -8 | -2 | 4 | 5 | 8 |
Tax % | 32% | 36% | 33% | 24% | 46% | 33% | 29% | 28% | 15% | 15% | 22% | 29% | |
13 | 9 | 5 | -2 | 1 | 3 | 7 | 7 | -7 | -2 | 3 | 4 | 5 | |
EPS in Rs | 36.86 | 24.27 | 13.14 | -6.21 | 3.02 | 9.57 | 18.03 | 19.13 | -19.05 | -4.84 | 8.60 | 9.92 | 12.64 |
Dividend Payout % | 7% | 10% | 19% | 0% | 66% | 21% | 19% | 21% | -5% | -31% | 35% | 30% |
Compounded Sales Growth | |
---|---|
10 Years: | 0% |
5 Years: | 1% |
3 Years: | 10% |
TTM: | -9% |
Compounded Profit Growth | |
---|---|
10 Years: | -8% |
5 Years: | -11% |
3 Years: | 36% |
TTM: | -4% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 8% |
3 Years: | 35% |
1 Year: | 75% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | 1% |
3 Years: | 2% |
Last Year: | 4% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Reserves | 88 | 95 | 99 | 94 | 94 | 98 | 103 | 108 | 98 | 97 | 99 | 102 | 104 |
72 | 69 | 60 | 47 | 41 | 63 | 63 | 47 | 31 | 27 | 26 | 38 | 57 | |
54 | 51 | 48 | 57 | 60 | 71 | 65 | 69 | 51 | 56 | 54 | 62 | 72 | |
Total Liabilities | 217 | 219 | 210 | 201 | 199 | 236 | 235 | 227 | 184 | 183 | 183 | 206 | 237 |
82 | 83 | 79 | 61 | 64 | 60 | 84 | 78 | 65 | 53 | 44 | 39 | 41 | |
CWIP | 5 | 7 | 14 | 17 | 8 | 30 | 5 | 0 | 1 | 1 | 2 | 3 | 9 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
130 | 128 | 117 | 123 | 127 | 147 | 146 | 148 | 118 | 129 | 137 | 164 | 187 | |
Total Assets | 217 | 219 | 210 | 201 | 199 | 236 | 235 | 227 | 184 | 183 | 183 | 206 | 237 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
33 | 30 | 19 | 25 | 19 | 15 | 12 | 30 | 24 | 7 | 11 | -2 | |
-15 | -24 | -6 | -2 | -5 | -41 | -2 | -7 | -1 | -1 | -4 | -6 | |
-12 | -11 | -15 | -20 | -11 | 19 | -8 | -25 | -23 | -7 | -5 | 8 | |
Net Cash Flow | 7 | -5 | -2 | 3 | 3 | -7 | 2 | -2 | -0 | -1 | 2 | -1 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 82 | 84 | 94 | 92 | 98 | 99 | 99 | 96 | 103 | 135 | 108 | 105 |
Inventory Days | 85 | 92 | 130 | 96 | 117 | 156 | 139 | 123 | 143 | 178 | 135 | 173 |
Days Payable | 86 | 88 | 106 | 118 | 128 | 146 | 143 | 122 | 123 | 141 | 95 | 104 |
Cash Conversion Cycle | 81 | 88 | 118 | 70 | 87 | 109 | 94 | 97 | 123 | 172 | 148 | 173 |
Working Capital Days | 70 | 68 | 89 | 71 | 76 | 84 | 92 | 82 | 97 | 137 | 112 | 131 |
ROCE % | 19% | 13% | 8% | 2% | 5% | 6% | 9% | 10% | -2% | 1% | 6% | 6% |
Documents
Announcements
-
Compliance Certificate As On 31St March 2024
12 Apr - Kalyani Forge Limited has submitted to the esteemed exchange the Certificate under Regulation 7(3) of SEBI LODR 2015
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
10 Apr - Kalyani Forge Limited has intimated the esteemed exchange about resignation of Mr. Aniruddha Hublikar as the Company Secretary and Compliance Officer of the Company
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 5 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Apr - Kalyani Forge Limited has informed the esteemed exchange about Certificate under SEBI (Depositories and Participants)Regulations,2018
-
Announcement under Regulation 30 (LODR)-Cessation
1 Apr - Kalyani Forge Limited has intimated esteemed Stock Exchange regarding cessation of Mr. Pradip Prabhakar Nadkarni as an Independent Director of the Company
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Business Overview:[1][2]
KFL is an engineering company with expertise in metal forming including hot, warm and cold forging. It manufactures close-tolerance, niche precision forging, fully- machined and sub- assembled products. Company also provides services like product and process design, development, warehousing, door-to-door delivery, and validation support to its customers