KALYANIFRGBSEKalyani Forge LtdMediumNeutral
Announced Tue, 26 May · 10:06 IST

Kalyani Forge Limited has informed the exchange about the investor presentation.

Mgmt Guided Margin ImprovementInvestor Communications View source PDF

KALYANIFRG · price

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Price reaction · full curve 14 horizons · vs prior close
-2.1%1-day move
₹642.00
prior close
₹633.95
base price
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AI summary

Kalyani Forge reported its highest PAT in ~14 years at ₹9.32 Cr for FY26, with Q4 PAT at ₹5.88 Cr driven by a record EBITDA margin of 15.2% — the second consecutive quarter above 15%. Revenue for FY26 was flat at ₹234.64 Cr, but profitability surged with EBITDA up to ₹31.58 Cr (13.3% vs 11.1% in FY25) and PBT up 23.8% YoY to ₹14.37 Cr. The company won three major orders in Q4 including an OEM Wheel Hub (~₹20 Cr annual) from SKF and Schaeffler, all ramping from Q1 FY27. Management highlighted inventory reduction of ₹21.7 Cr and improved ROCE from 14% to 18%. FY27 capex plan is ~₹30 Cr with 60% allocated to growth areas (Driveline and Axle).

Likely market impact

Sustained margin expansion to 15%+ establishes a new profitability floor, positioning the stock favorably. The order pipeline and capex alignment to high-ROCE areas signal potential revenue growth acceleration from FY27. Working capital improvements and debt-funded growth capex are being monitored.