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INVESTMENT INSIGHTS

Check Before You Invest : Kalyani Forge Ltd

BSE: 513509 NSE: KALYANIFRG ISIN: INE314G01014
  |   Sector:  Automobiles   |   Industry:  Forgings

Snapshot

Q.1 Which industry/sub-sector does Kalyani Forge Ltd belong to?
Kalyani Forge Ltd belongs to the Automobiles sector, operating specifically within the Forgings segment.
Q.2 Is Kalyani Forge Ltd a good quality company?
Kalyani Forge Ltd is a quality company, based on a 10 year financial track record.
Q.3 Is Kalyani Forge Ltd undervalued or overvalued?
Kalyani Forge Ltd appears Overvalued, as its key valuation ratios are above with their past averages.
Q.4 Is Kalyani Forge Ltd a good buy now?
Kalyani Forge Ltd is a neutral opportunity now, based on stable price trend analysis suggesting prices may move sideways. However, you need to check its quality and valuation before making a decision

Performance Analysis

Q.1 Revenue growth of Kalyani Forge Ltd?
Kalyani Forge Ltd revenue growth is -0.1% for FY-2025 , which is below its 5 year CAGR of 3.3% , indicating slower growth.
Q.2 Gross Profit margin of Kalyani Forge Ltd?
Kalyani Forge Ltd Gross profit margin which is the profit after deduction of direct costs, is 8.2% for FY-2025 , which is above its 5 year median of 6% , indicating increasing margins.
Q.3 Operating Profit Margin of Kalyani Forge Ltd?
Kalyani Forge Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 10.14% for FY-2025 , which is above its 5 year median of 7.05% indicating increasing margins.
Q.4 Net Profit Margin of Kalyani Forge Ltd?
Kalyani Forge Ltd Net Profit Margin is 3.51% for FY-2025 , is above with its 5 year median of 1.27%, indicating increasing margins.
Current Level Historic Median
Gross Profit Margin 8.2 6
Operating Profit Margin 10.14 7.05
Net Profit Margin 3.51 1.27
Q.5 Return on Asset of Kalyani Forge Ltd?
Kalyani Forge Ltd Return on Asset is 3.87(x), which is above its 5 year historical median of 1.74(x), indicating improved asset utilization efficiency.
Q.6 Return on Equity (ROE) of Kalyani Forge Ltd?
Kalyani Forge Ltd Return on equity is 9.69% for FY-2025 , which is above its historical median of 3.08%, indicating the business is making better use of its shareholders capital.
Q.7 Return on capital employed (ROCE) of Kalyani Forge Ltd?
Kalyani Forge Ltd Return on capital employed is 12.26% for FY-2025 , which is below its estimated weighted average cost of capital(WACC) 14%, indicating value preservation.
Q.8 Cash conversion cycle of Kalyani Forge Ltd?
Kalyani Forge Ltd Cash conversion cycle is 119 , above its historical median of 118 , indicating deteriorated working capital management. However, you need to compare this with its peers in the industry.
Current Level Historic Median
Asset Turnover 1.1 1.25
ROE 9.69 3.08
ROCE 12.26 5.95
Cash Conversion Cycle 119 118
Q.9 Debt to Equity ratio of Kalyani Forge Ltd?
Kalyani Forge Ltd Debt-to-Equity ratio is 0.80 , which is above with the industry average of 0.49 , indicating higher debt levels in the industry.
Q.10 Debt to cash flow from operations of Kalyani Forge Ltd?
Kalyani Forge Ltd Debt to cash flow from operations is 3.28 , which is at a unhealthy level, indicating the business is not able to service its debt comfortably.

Ownership & governance

Q.1 Promoter shareholding and pledge status of Kalyani Forge Ltd?
Promoters hold 58.76% of the Kalyani Forge Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

Q.1 Revenue growth of Kalyani Forge Ltd vs industry peers?
Kalyani Forge Ltd revenue CAGR is 3.32% , compared to the industry median CAGR of 11.56% , indicating slower growth and losing its market share.
Profit Metrics
Current Level Industry Median
Revenue 236.6 115.9
Gross Profit 19.4 8.3
Operating Profit 24 13
Net Profit 8 4
Operating Efficiency
Current Level Industry Median
Asset Turnover 1.1 0.92
ROE 9.69 14.91
ROCE 12.26 14.66
Cash Conversion Cycle 119.24 112

Valuation & price assessment

Q.1 Stock return of Kalyani Forge Ltd over the last decade?
Over the last 9 years, the stock has delivered a CAGR of 9% based on the current price.
Q.2 What return has the stock given over the last decade?
9Y 5Y 3Y 1Y
Share Price 9% 26% 32.3% 19.9%
Q.3 Valuation ratios of Kalyani Forge Ltd vs historical?
The current P/E is higher that its historical median.
Q.4 How do the current valuation ratios measure up against the historic numbers and the current industry numbers?
Valuation Ratios Current Historic Median Industry Median
Price to Earnings 38.79 0.00 50.79
Price to Book 2.39 0.54 3.87
Price to Sales 0.93 0.38 1.86
EV to EBITDA 10.49 0.00 16.47

Check more companies

1. Happy Forgings
2. Ramkrishna Forgings
3. Balu Forge Industrie
4. MM Forgings
5. Amic Forging
6. Tirupati Forge
7. Kalyani Forge
8. LGB Forge
9. Krishanveer Forge
10. Hilton Metal Forging
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