Krishanveer Forge Limited
BSE: KVFORGE · Castings & Forgings · sector
Key numbers
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 23 companies in Castings & Forgings (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹21 cr vs borrowings ₹-2 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 204.6x in the last 12 months.
- Other income was 13% of net profit in the last 12 months.
- Dividend paid in 2 of the last 5 financial years.
- Price ₹129.90 on 2026-10-26: -29.4% from the 52-week high, +22.5% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 20 | 24 | 21 | 20 | 24 | 22 |
| EBITDA | 2 | 3 | 3 | 2 | 7 | 3 |
| OPM % | 10.1% | 11.3% | 14.8% | 9.6% | 29.3% | 12.4% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | 1 | 2 | 2 | 2 | 6 | 2 |
| EPS (₹) | 1.32 | 1.89 | 1.64 | 1.61 | 5.26 | 1.82 |
| Revenue YoY | +22.9% | -6.3% | ||||
| Profit YoY | +296.6% | -3.4% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 67 | 81 | 84 | 83 | 89 | 88 |
| EBITDA | 7 | 4 | 7 | 8 | 15 | 15 |
| Net profit | 4 | 2 | 4 | 6 | 11 | 11 |
| EPS (₹) | 3.43 | 1.50 | 3.65 | 5.15 | 10.40 | 10.33 |
| Revenue growth | +20.4% | +3.3% | -1.0% | +7.9% | – | |
| Profit growth | -56.1% | +141.8% | +41.4% | +101.8% | – | |
| Dividend / share (₹) | – | – | – | 2.00 | 2.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +3.3% | – | – |
| Net profit | +90.3% | – | – |
| EPS | +90.7% | – | – |
| Share price | – | +1.4% (2y) | -9.1% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 42 | 51 |
| Borrowings | -3 | -2 |
| Cash & equivalents | 13 | 21 |
| Total assets | 56 | 68 |
| Fixed assets | 15 | 14 |
| Capital work in progress | – | 4 |
| Investments | 0 | 0 |
| Receivables | 19 | 23 |
| Inventory | 7 | 7 |
| Payables | 11 | 12 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | 5 | 2 |
| Cash from investing | -1 | -1 |
| Cash from financing | -2 | -3 |
| Capex | 1 | 0 |
| Free cash flow | 4 | 1 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 13.3% | 22.1% |
| ROCE % | 19.8% | 29.4% |
| Debtor days | 82 | 92 |
| Inventory days | 61 | 58 |
| Payable days | 90 | 101 |
| Cash conversion cycle (days) | 53 | 49 |
| Working capital days | 130 | 146 |
Peers in Castings & Forgings
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| PTCIL | ₹34,768 cr | 276.8x | 23.1x | 8.7% | 9.3% | 24.6% | – | – |
| AIAENG | ₹33,394 cr | 26.4x | 4.2x | 16.9% | 20.1% | 27.6% | -3.4% | 0.41% |
| HAPPYFORGE | ₹16,596 cr | 50.6x | 7.8x | 16.5% | 18.2% | 31.1% | – | 0.17% |
| BALUFORGE | ₹5,154 cr | 17.4x | 3.2x | 20.2% | 19.5% | 26.6% | – | 0.03% |
| STEELCAS | ₹3,372 cr | 37.2x | 8.5x | 25.2% | 30.9% | 26.9% | -3.9% | 0.52% |
| AMIC | ₹2,253 cr | 78.3x | 14.3x | 22.9% | 25.5% | 30.2% | – | – |
| INVPRECQ | ₹1,314 cr | 90.1x | 12.8x | 15.0% | 15.8% | 17.8% | +3.5% | 0.04% |
| NELCAST | ₹1,053 cr | 25.6x | 1.8x | 7.1% | 9.9% | 7.3% | +1.7% | 0.41% |
| SGIL | ₹878 cr | – | 7.9x | -8.1% | 4.2% | 9.0% | +8.1% | 0.30% |
| KVFORGE | ₹142 cr | 12.6x | 2.8x | 24.1% | 29.8% | 17.0% | +3.4% | 1.93% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-11 | Dividend | Final Dividend Rs 3.0 |
| 2025-09-12 | Dividend | Final Dividend Rs 2.5 |
| 2024-09-06 | Dividend | Final Dividend Rs 2.0 |
| 2013-08-02 | Dividend | Dividend Rs 1.5 |
| 2012-08-03 | Dividend | Dividend Rs 1.5 |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Castings & Forgings |
| Sub-industry | Castings & Forgings |
| Symbol | KVFORGE |
| BSE code | 513369 |
| ISIN | INE013J01016 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.