KALYANIFRGNSEKalyani Forge Limited· Castings/ForgingsMediumNeutral
Announced Thu, 12 Feb · 11:10 IST

Kalyani Forge Limited has informed the Exchange about Investor Presentation

Mgmt Guided Margin ImprovementOrder Pipeline DisclosedInvestor Communications View source PDF

KALYANIFRG · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Kalyani Forge shared its Q3 FY26 investor presentation highlighting record margins and stronger business discipline. Revenue stood at ₹58.22 crore, up from ₹56.23 crore in the previous quarter, while EBITDA margin reached 15.7% — the highest in company history, up from 12.6% in Q2 FY26. Profit before tax improved to ₹3.95 crore, the strongest in the last four quarters, though profit after tax was marginally negative at ₹(0.12) crore due to a non-cash deferred tax adjustment. The company said it has exited low-margin legacy businesses, pruned unprofitable exports, and is scaling up its Europe transmission program. New business orderbook (peak annual value) stands at ₹169 crore across Engine (₹107 Cr), Driveline (₹45 Cr), Axle (₹10 Cr), and Other (₹7 Cr). FY26 capex is budgeted at ₹25 crore, with 60% allocated to growth areas like Driveline and Axle.

Likely market impact

The record EBITDA margin of 15.7% and improving product mix signal a structural turnaround story, which is positive for long-term shareholders. However, the negative PAT (driven by a one-time tax adjustment) may cause short-term volatility in the stock, and execution on the new order pipeline remains the key thing to watch.