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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Kalyani Forge Limited is an India-based engineering company. The Company is engaged in providing forged, machined, and assembled products for various customers in various industries, such as automotive, construction, power generation, marine, railway, and industrial goods.…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent business, fairly priced.
KALYANI FORGE LIMITED is scored on the general / industrial framework. It keeps a thin 3.9% of every rupee of sales as net profit. Cash broadly tracks reported profit (CFO/PAT 0.80×). Free cash flow is worth about -8.1% of its market value.
Book value has grown 7%/yr. Return on equity is a healthy 12.3%. In the latest quarter profit fell 24% versus the prior quarter.
At 34× earnings, the stock sits at the 58th percentile of its own 2.6-year range — the middle of where it has historically traded. Today's price implies ~12%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 25.68 | 36.04 | better |
| P/B | 3.33 | 4.09 | better |
| EV/EBITDA | 11.94 | 8.55 | worse |
| ROE | 12.31 | 7.45 | better |
| ROCE | 11.47 | 12.76 | worse |
| ROA | 4.61 | 3.36 | better |
| Quick Ratio | 1 | 1.24 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Bharat Forge | 122.0 | 7.4 | 8.7% |
| PTC Industries | 307.8 | 11.7 | 6.7% |
| AIA Engineering | 23.5 | 3.5 | 14.7% |
Negative CAGR — the top line has shrunk over this window.
1 of the 4 years shown had a loss — profitability is inconsistent.
Operating margin has expanded from 0% to 6% — the business is keeping more of each rupee earned.
ROE at 10% — modest; the capital isn't working hard. Capital efficiency improving — ROE up 10pp across the window.
EPS has grown every year — each share earns more than the last, consistently. 43% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
1 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Investing outflows exceed operating cash — the company relies on external funding to finance expansion. Raising capital despite positive cash flow — could signal expansion plans or opportunistic fundraising.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 13% sequentially — momentum is building. Run-rate stepping up — recent quarters average 10% above earlier ones.
1 of 4 quarters loss-making — quarterly profitability is uneven. Profit fell 24% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly net margins are expanding (4% → 7%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 2.6y median.
Promoter holding at 58.8% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.