1. India Stocks

  2. •

    Producer manufacturing

  3. •

    Metal fabrication
Krishanveer Forge Limited

Krishanveer Forge Limited

BBSE:KVFORGE
129.90
INR
-3.35
(-2.51%)
10.33EPS
15.00P/E
1.70BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
28.55
21.84
9.36
3.89
21.57
43.08
40.59
34.9
55.15
62.51
64.51
63.2
70.46
80.27
Basic EPS, GAAP
0.23
0.97
-1.02
-3.38
0.39
1.9
4.18
3.27
3.43
1.5
3.65
5.15
10.4
10.33
Free Cash Flow per Basic Share
10.98
8.88
-0.47
3.85
-0.22
1.84
-2.06
4.97
-7.17
5.96
-0.26
3.86
-2.32
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
2
2.5
- -
Book Value per Share
21.56
22.44
21.42
18.03
18.37
20.24
24.35
27.29
30.7
32.2
35.73
39.22
47.02
- -
Tangible Book Value per Share
21.51
22.4
21.38
18
18.34
20.22
24.33
27.28
30.69
32.14
35.69
39.19
46.98
- -
Basic Weighted Avg Shares
11
11
11
11
11
11
11
11
11
11
11
11
11
11
Sales/Revenue/Turnover
312
239
102
43
236
471
444
382
603
684
706
691
771
878
Operating Margin (%)
7.93
2.11
-12.4
-71.71
6.72
13.24
13.72
13.09
8.42
3.76
7.96
9.95
13.77
12.1
Depreciation Expense
8
10
12
13
12
12
14
16
15
16
15
16
16
16
Net Income, GAAP
3
11
-11
-37
4
21
46
36
38
16
40
56
114
113
Effective Tax Rate (%)
54.86
58.56
- -
- -
44.25
46.64
18.17
18.43
29.95
19.43
27.09
25.68
21.88
23.22
Profit Margin (%)
0.81
4.44
-10.94
-86.99
1.8
4.42
10.29
9.38
6.23
2.41
5.65
8.15
14.76
12.87
Working Capital
45
46
31
24
31
50
94
129
178
202
250
294
358
- -
LT Debt
1
- -
- -
9
2
- -
13
- -
- -
- -
- -
- -
- -
- -
Total Equity
236
246
234
197
201
221
266
299
336
352
391
429
514
- -
Return on Invested Capital (%)
2.9
1.45
- -
- -
3.64
10.32
17.31
13.49
10.41
5.71
11
13.22
23.39
- -
Return on Capital (%)
1.98
3.71
- -
- -
3.31
9.65
17.37
13
11.8
6.2
11.84
14.61
25.54
- -
Return on Common Equity (%)
1.08
4.41
-4.67
-17.15
2.14
9.86
18.74
12.68
11.84
4.78
10.74
13.75
24.12
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
-18
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
11
11
Market Capitalization
1,627
1,223
1,696

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
502
- -
Cash, Cash Equivalents & STI
- -
193
- -
Accounts Receivable, Net
- -
225
- -
Inventories
- -
70
- -
Total Current Liabilities
- -
144
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
-18
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.66%
11.6%
19.89%
Free Cash Flow
-477.76%
-454.56%
-160.05%
Net Income, GAAP
84.09%
46.88%
101.83%
Sales/Revenue/Turnover
55.99%
16.8%
11.49%
Total Cash Common Dividend
- -
- -
25%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
248
201
182
198
691
2026
236
210
203
243
771
2027
221
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.6
1.12
1.11
1.32
5.15
2026
1.89
1.64
1.61
5.26
10.4
2027
1.83
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
2
2026
- -
- -
- -
- -
2.5
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Nitin Shyam Rajore
Full Time Employees
63
Sector
Producer manufacturing
Industry
Metal fabrication
Address
Global Square Pune MA India 411006
IPO Date
May 18, 1992
Website
kvforge.com
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Business
Krishanveer Forge Ltd. is engaged in the manufacturing and supply of forged and machined components primarily for automotive, railways, heavy engineering, and defense sectors. The company’s core product portfolio includes closed die forgings, hot rolled and machined components, precision forged parts, and customized metal components produced under various specifications and grades. It specializes in producing high-strength steel forgings and machined assemblies used in automobile engines, transmission systems, axles, and railway applications. Krishanveer Forge operates predominantly in the Indian market with a focus on supplying to OEMs and aftermarket customers across multiple industrial segments. Founded in 1984 and headquartered in Pune, Maharashtra, India, Krishanveer Forge Ltd. operates with advanced manufacturing facilities equipped for forging, machining, heat treatment, and quality assurance to meet stringent industry standards. The company has expanded its operational capabilities in recent years to include higher precision machining services and enhanced heat treatment processes to support evolving customer requirements for complex and critical components. Recent developments indicate Krishanveer Forge Ltd. has pursued strategic growth by investing in technology upgrades and capacity expansions to boost production efficiency and product quality. While specific recent partnerships or acquisitions are not publicly detailed, the company has focused on diversifying its product offerings and strengthening its market presence in the heavy engineering and automotive components sectors. Its ongoing efforts include adopting advanced metallurgical processes and expanding client engagements to maintain competitive positioning. Krishanveer Forge Ltd. operates as an independent entity in the forging industry with no publicly disclosed parent or subsidiary affiliations. Its comprehensive product range targets automotive manufacturers, railway equipment producers, and industrial machinery companies primarily within India, with continuous enhancements aimed at supporting export markets. The company’s foundation on metallurgy excellence and industry-specific customization forms the basis of its reputation and market strategy.