Krishanveer Forge Ltd (513369) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 513369 | NSE: | Forgings | Small Cap

Krishanveer Forge Share Price

137.70 -0.45 -0.33%
as on 05-Dec'25 16:59

Krishanveer Forge Ltd (513369) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 513369 | NSE: | Forgings | Small Cap

DeciZen - make an informed investing decision on Krishanveer Forge

Based on:

Overall Rating
Login to view analysis. M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality


Login to view analysis.

2. Valuation


Login to view analysis.

3. Price Trend


Login to view analysis.

Krishanveer Forge stock performance -

Key Ratios
mw4me loader
P/E Ratio (SA):
23.09
Market Cap:
150.6 Cr.
52-wk low:
64.3
52-wk high:
153.9

Is Krishanveer Forge Ltd an attractive stock to invest in?


Login to view analysis.

10 Year X-Ray of Krishanveer Forge: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Krishanveer Forge Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % -1.7%-12.5%7%19.3%21.5%16.5%17.5%8.2%16.6%20%-
Value Creation
Index
-1.1-1.9-0.50.40.50.20.3-0.40.20.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 12.56.229.255.150.940.467.280.983.682.883
Sales YoY Gr.--50.3%370.5%88.9%-7.7%-20.5%66.2%20.4%3.4%-1%-
Adj EPS -1.2-3.40.42.74.23.33.41.53.75.26
YoY Gr.-NANA661.1%52.2%-21.6%4.9%-56.3%143.3%41.1%-
BVPS (₹) 21.41818.420.224.427.330.732.235.738.839.8
Adj Net
Profit
-1.3-3.70.434.63.63.81.645.67
Cash Flow from Ops. -0.54.20.14.23.95.6-4.77.40.55.4-
Debt/CF from Ops. -12.9146.91.11.2-0.1-1.1-0.2-2.2-0.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 23.4%10.2%7.2%-1%
Adj EPS NA4.3%14.5%41.1%
BVPS6.8%9.8%8.1%8.5%
Share Price 18.2% 36.8% 43.8% 13.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-5.4-17.2214.218.712.711.84.810.713.815.2
Op. Profit
Mgn %
-1.8-38.69.313.314.615.89.84.98.210.111.8
Net Profit
Mgn %
-10.3-60.11.45.498.95.624.86.87.9
Debt to
Equity
0.30.20.30.20.2-00.2-0-0-0.10
Working Cap
Days
44660313711916121515914514414495
Cash Conv.
Cycle
186320654967969094948466

Recent Performance Summary

Login to view analysis.
Login to view analysis.

Latest Financials - Krishanveer Forge Ltd.

Standalone Consolidated
TTM EPS (₹) 6 -
TTM Sales (₹ Cr.) 82.6 -
BVPS (₹.) 39.8 -
Reserves (₹ Cr.) 33 -
P/BV 3.46 -
PE 23.09 -
From the Market
52 Week Low / High (₹) 64.30 / 153.90
All Time Low / High (₹) 0.90 / 164.10
Market Cap (₹ Cr.) 151
Equity (₹ Cr.) 10.9
Face Value (₹) 10
Industry PE 43.1

Management X-Ray of Krishanveer Forge:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Krishanveer Forge - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Event Update

Login/Register to view analysis.

Analyst's Notes

data not found
No data found!

Key Ratios of Krishanveer Forge

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales1262955514067818483
Operating Expenses 1392648433461777774
Manufacturing Costs5281211914212223
Material Costs321531272041494744
Employee Cost 3233334455
Other Costs 2212223333
Operating Profit -0-237767478
Operating Profit Margin (%) -1.8%-38.6%9.3%13.3%14.6%15.8%9.8%4.9%8.2%10.1%
Other Income 1000001111
Interest 1111111100
Depreciation 1111122222
Exceptional Items 000-1000000
Profit Before Tax -2-414645258
Tax -0-002112012
Profit After Tax -1-402544246
PAT Margin (%) -9.0%-59.8%1.5%3.8%9.0%8.9%5.6%2.0%4.8%6.8%
Adjusted EPS (₹)-1.0-3.40.41.94.23.33.41.53.75.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%55%49%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 23202022273034353942
Share Capital 11111111111111111111
Reserves 129911161923242831
Minority Interest0000000000
Debt73444-05-2-1-3
Long Term Debt0100100000
Short Term Debt72443-05-2-1-3
Trade Payables12698897811
Others Liabilities 3335666777
Total Liabilities 34273341454454485457

Fixed Assets

Gross Block33333436424244454647
Accumulated Depreciation19202223242627283032
Net Fixed Assets 14131213181618171615
CWIP 5566330000
Investments 00000000012
Inventories545668149147
Trade Receivables33813151218172019
Cash Equivalents 1111112112
Others Assets 6212343333
Total Assets 34273341454454485457

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity -140446-5715
PBT -2-415645258
Adjustment 2222222211
Changes in Working Capital -06-2-2-20-104-5-2
Tax Paid -0-0-0-1-1-1-2-1-1-2
Cash Flow From Investing Activity -10-0-3-3-0-0-1-0-1
Capex -1-0-0-2-6-0-3-0-1-1
Net Investments 0000000000
Others -00-0-13-03-000
Cash Flow From Financing Activity -10-1-11-2-0-1-0-2
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -01-1-01-10000
Interest Paid -1-1-1-1-1-0-0-1-0-0
Dividend Paid 000000000-2
Others 0000000000
Net Cash Flow -34-2-024-56-02

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-4.67-17.152.149.8618.7412.6811.844.7810.7413.83
ROCE (%)-1.7-12.516.9819.2521.4616.517.478.216.6220.04
Asset Turnover Ratio0.340.221.021.51.190.911.371.591.661.49
PAT to CFO Conversion(x)N/AN/AN/A20.81.5-1.253.50.250.83
Working Capital Days
Receivable Days111157646910012382788085
Inventory Days1352285337416260535147
Payable Days235314958912115679595980

Krishanveer Forge Ltd Stock News

Krishanveer Forge Ltd FAQs

The current trading price of Krishanveer Forge on 05-Dec-2025 16:59 is ₹137.7.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Dec-2025 the market cap of Krishanveer Forge stood at ₹150.6.
The latest P/E ratio of Krishanveer Forge as of 04-Dec-2025 is 23.09.
The latest P/B ratio of Krishanveer Forge as of 04-Dec-2025 is 3.46.
The 52-week high of Krishanveer Forge is ₹153.9 and the 52-week low is ₹64.30.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Krishanveer Forge is ₹82.60 ( Cr.) .

About Krishanveer Forge Ltd

Rajkumar Forge is one of the leading manufacturer and exporter of Medium and Heavy Open Die Forgings from India. Promoted by technocrats who have shaped the forging industry in the country over the last four decades and well supported by a skilled and qualified team of Engineers, Rajkumar Forge strives continuously to meet the ongoing needs of its global and domestic partners by providing value for money. Rajkumar Forge produces goods to International level at optimal costs.

Rajkumar Forge has created a state-of-the-art forging facility comparable with the best in the world. A carefully selected Brand New 1600 Ton Integrated forging complex ensures maximum cost effectiveness and consistent quality. Their Quality Commitment with a through understanding of Metallurgy and Manufacturing Methods & their Customer’s requirement ensure Total Customer Satisfaction.

Rajkumar Forge manufactures critical forgings and specialized components for the Oil, Gas, Power, Iron, Steel, Sugar, Cement, Chemical, Fertilizers, General Engineering & other Allied Industries in the CORE SECTOR.

Rajkumar Forge is one of the leading Exporter of Critical forgings and has a good presence in the South East Asian Markets. The Management is consciously committed to increase its Global presence and Customer base both geographically and in product portfolio. All developments and improvements are centered over this philosophy.

Products manufactured by the company includes:

Forgings are supplied to the following industries and in following material grades:

  • Carbon Steel
  • Alloy Steel
  • Stainless Steel
  • Die Steel
  • Hot & Cold Working Tool Steel

Sugar - Mill Roller Shafts, Gear Shafts, Tail Bars, Gear Rings and Blanks. 

Steel -  Table Rolls, Pinions, Spindles, Rolls for Slab & Continuous Caster, Blooming Mill & Hot Rolling Mill Rolls, Elongator Rolls, Wobblers and Gearing Components. 

Cement - Kiln and Mill Rollers, Pinions and Pinion Shafts, Axles, Tie Rods and Location Bearings. Gear - Gear Blanks & Gear Rings.

Power - Rotor Shafts for Compressors, Alternators, Generators, Turbines (Hydro, Wind and Steam), Rotor Discs, Tube Sheets, Nozzles, Girth & Blind Flanges, Casings & Trunions, Vertical & Ball Mill Drive Shafts, Fan and Pump Shafts. 

Chemical & Fertilizers - Fluid Ends, Manifolds and Tube Sheets, Flanges. 

Oil Field Application - Round Bars and Square Bars, Casing Heads, Cross Forgings, Tubing Spool, Y Forgings, Body Blocks Forgings for SSSB and SSBT Valves, Shaped, Forging for Hangers, Body Housing, Slip Lock Housing etc. 

Others - Piston Roads, Eccentric Shafts, Tie Rods, Ram, Sow Blocks, Bolster Plates for Hammers & Presses, Die Blocks for Plastic Molding and Forging Industries, Tool for forming and extrusions.      

Achievements/ recognition:

  • The company is ISO 9001-2000 certified
  • ISO 14001 for Environmental Management Systems.
  • OHSAS 18001 for Occupational Health and Safety Management System.
To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

© 2025 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.

×