Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 18.48 | 23.01 | 23.19 | 24.86 | 20.25 | 18.16 | 19.82 | 23.64 | 20.98 | 20.33 | 24.35 | 22.14 |
| Expenses | 17.62 | 20.85 | 20.99 | 22.19 | 18.22 | 16.21 | 17.82 | 20.97 | 17.87 | 17.64 | 20.70 | 19.41 |
| Operating Profit | 0.86 | 2.16 | 2.20 | 2.67 | 2.03 | 1.95 | 2.00 | 2.67 | 3.11 | 2.69 | 3.65 | 2.73 |
| OPM % | 4.65% | 9.39% | 9.49% | 10.74% | 10.02% | 10.74% | 10.09% | 11.29% | 14.82% | 13.23% | 14.99% | 12.33% |
| Other Income | 0.00 | 0.00 | 0.31 | 0.00 | 0.00 | 0.27 | 0.40 | 0.33 | 0.23 | -0.48 | 3.96 | 0.46 |
| Interest | 0.03 | 0.07 | 0.27 | 0.03 | 0.07 | 0.04 | -0.02 | 0.00 | 0.00 | 0.00 | 0.02 | 0.05 |
| Depreciation | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.45 | 0.39 | 0.41 | 0.39 | 0.38 | 0.38 |
| Profit before tax | 0.44 | 1.70 | 1.85 | 2.25 | 1.57 | 1.79 | 1.97 | 2.61 | 2.93 | 1.82 | 7.21 | 2.76 |
| Tax % | 27.27% | 13.53% | 43.78% | 22.67% | 22.29% | 32.40% | 26.40% | 20.31% | 38.91% | 3.85% | 20.25% | 27.54% |
| Net Profit | 0.33 | 1.47 | 1.04 | 1.75 | 1.23 | 1.21 | 1.45 | 2.07 | 1.79 | 1.76 | 5.75 | 2.00 |
| EPS in Rs | 0.30 | 1.34 | 0.95 | 1.60 | 1.12 | 1.11 | 1.33 | 1.89 | 1.64 | 1.61 | 5.26 | 1.83 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 12 | 6 | 29 | 55 | 51 | 40 | 67 | 81 | 83 | 83 | 89 | 88 |
| Expenses | 13 | 9 | 26 | 48 | 43 | 34 | 60 | 77 | 76 | 74 | 77 | 76 |
| Operating Profit | -0 | -2 | 3 | 7 | 7 | 6 | 7 | 4 | 7 | 8 | 12 | 12 |
| OPM % | -1.8% | -39% | 9% | 13% | 15% | 16% | 10% | 5.0% | 8% | 10% | 14% | 14% |
| Other Income | 1 | 0 | 0 | -1 | 0 | 0 | 1 | 1 | 1 | 1 | 4 | 4 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | -2 | -4 | 1 | 4 | 6 | 4 | 5 | 2 | 5 | 8 | 15 | 15 |
| Tax % | -27% | -11% | 43% | 47% | 18% | 18% | 30% | 19% | 27% | 26% | 22% | |
| Net Profit | -1 | -4 | 0 | 2 | 5 | 4 | 4 | 2 | 4 | 6 | 11 | 11 |
| EPS in Rs | -1.02 | -3.38 | 0.39 | 1.90 | 4.18 | 3.27 | 3.44 | 1.50 | 3.65 | 5.16 | 10.40 | 10.34 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 55% | 48% | 29% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 22% | 17% | 3% | 7% | ||
| Compounded Profit Growth | 25% | 17% | 69% | 51% | ||
| Stock Price CAGR | 16% | 23% | 31% | 1% | ||
| Return on Equity | 10% | 12% | 14% | 17% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 14 | 12 | 9 | 9 | 11 | 16 | 19 | 23 | 24 | 28 | 32 | 40 |
| Borrowings | 10 | 7 | 4 | 5 | 5 | 5 | -0 | 5 | -2 | -1 | -3 | -2 |
| Other Liabilities | 5 | 4 | 4 | 8 | 13 | 12 | 12 | 13 | 11 | 14 | 16 | 19 |
| Total Liabilities | 40 | 34 | 27 | 33 | 40 | 43 | 42 | 52 | 45 | 52 | 56 | 68 |
| Fixed Assets | 15 | 14 | 13 | 12 | 13 | 18 | 16 | 18 | 17 | 16 | 15 | 14 |
| CWIP | 5 | 5 | 5 | 6 | 6 | 3 | 3 | 0 | 0 | 0 | 0 | 4 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12 | 19 |
| Other Assets | 20 | 14 | 9 | 15 | 21 | 23 | 23 | 34 | 28 | 36 | 29 | 31 |
| Total Assets | 40 | 34 | 27 | 33 | 40 | 43 | 42 | 52 | 45 | 52 | 56 | 68 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 10 | -1 | 4 | 0 | 4 | 4 | 6 | -5 | 7 | 1 | 5 | 2 |
| Cash from Investing Activity | -3 | -1 | 0 | -0 | -3 | -3 | -0 | -0 | -1 | -0 | -1 | -1 |
| Cash from Financing Activity | -6 | -1 | 0 | -1 | -1 | 1 | -2 | -0 | -1 | -0 | -2 | -3 |
| Net Cash Flow | 0 | -3 | 4 | -2 | -0 | 2 | 4 | -5 | 6 | -0 | 2 | -2 |
| Free Cash Flow | 6 | -2 | 4 | -0 | 2 | 1 | 5 | -5 | 7 | 0 | 4 | 1 |
| CFO/OP | 685% | 104% | -178% | 11% | 64% | 69% | 99% | -48% | 204% | 27% | 86% | 35% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 64 | 87 | 160 | 100 | 86 | 107 | 112 | 98 | 76 | 87 | 82 | 92 |
| Inventory Days | 159 | 531 | 809 | 132 | 69 | 76 | 150 | 126 | 70 | 108 | 61 | 58 |
| Days Payable | 108 | 95 | 449 | 140 | 111 | 115 | 156 | 81 | 51 | 66 | 90 | 101 |
| Cash Conversion Cycle | 116 | 523 | 520 | 92 | 44 | 69 | 105 | 143 | 96 | 128 | 53 | 49 |
| Working Capital Days | 22 | 77 | 108 | 31 | 27 | 59 | 103 | 88 | 88 | 104 | 71 | 60 |
| ROCE % | 5% | -2% | -12% | 7% | 24% | 21% | 16% | 17% | 8% | 17% | 20% | 27% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 72.46% | 72.46% | 72.46% | 72.46% | 72.46% | 72.46% | 72.46% | 72.46% | 72.46% | 72.46% | 72.46% | 72.46% |
| Public | 27.53% | 27.53% | 27.53% | 27.53% | 27.53% | 27.53% | 27.54% | 27.52% | 27.54% | 27.52% | 27.53% | 27.54% |
| No. of Shareholders | 6,636 | 6,779 | 7,064 | 7,113 | 7,413 | 7,530 | 7,569 | 7,682 | 7,587 | 7,419 | 7,343 | 7,424 |
Fundamentals
Market Cap₹ 153 Cr.
Current Price₹ 140
Stock P/E17.0
Book Value₹ 47.0
ROCE26.6 %
ROE16.9 %
Dividend Yield2.15 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)7%
Compounded Profit Growth (TTM)51%
Standalone figures.
Valuation
Market capRs 148 Cr
Enterprise valueRs 145 Cr
P/E (TTM)13.12x
Price to book2.88x
Price to sales1.69x
EV / EBITDA8.87x
EV / EBIT9.81x
EV / sales1.65x
Price to cash flow83.27x
Earnings yield7.62%
Dividend yield2.21%
P/E, 3-year average16.14x
P/B, 3-year average2.21x
P/E, 5-year average17.47x
P/B, 5-year average1.86x
Profitability
Operating margin (excl. other income)13.57%
Operating margin (incl. other income)18.10%
EBITDA margin18.56%
Pre-tax margin16.77%
Net profit margin12.87%
Net margin, latest quarter9.03%
ROE24.13%
ROCE32.75%
ROA18.35%
ROE, 3-year average16.21%
ROCE, 3-year average23.09%
ROA, 3-year average12.38%
ROE, 5-year average13.05%
ROCE, 5-year average18.99%
ROA, 5-year average9.71%
ROIC (approx.)24.06%
Tax rate21.89%
Other income / net worth7.85%
Growth
Sales growth (latest year)7.85%
Profit growth (latest year)101.77%
Sales CAGR, 3 years3.47%
Sales CAGR, 5 years17.17%
Profit CAGR, 3 years90.74%
Profit CAGR, 5 years26.02%
Sales growth QoQ-9.08%
Profit growth QoQ-65.22%
Sales growth YoY (latest quarter)-6.35%
Profit growth YoY (latest quarter)-3.38%
Per share
EPS (TTM)Rs 10.33
EPS (latest year)Rs 10.40
EPS (latest quarter)Rs 1.83
EPS, 3-year averageRs 6.40
EPS, 5-year averageRs 4.83
Book value per shareRs 47.02
Sales per shareRs 80.26
Cash flow per shareRs 1.63
Free cash flow per shareRs 0.91
Dividend per share (latest year)Rs 3.00
Dividend per share, 3-year averageRs 2.50
Dividend per share, 5-year averageRs 2.50
Dividends
Dividend payout28.82%
Dividend payout, 3-year average44.10%
Dividend payout, 5-year average44.10%
Efficiency
Asset turnover1.30x
Fixed asset turnover6.42x
Inventory turnover9.86x
Inventory days37 days
Debtor days92 days
Debtors turnover3.96x
Creditor days101 days
Cash conversion cycle49 days
Working capital days60 days
Leverage
Total debtRs -2 Cr
Cash and bankRs 2 Cr
Net debtRs -4 Cr
Debt to equity-0.04x
Net debt / EBITDA-0.22x
Interest coverage737.00x
Owners' fund to total sources75.11%
Debt to assets-2.64%
Cash flow
Cash from Operating Activity (latest year)Rs 2 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs -3 Cr
Net Cash Flow (latest year)Rs -2 Cr
Free cash flow (latest year)Rs 1 Cr
FCFE (approx.: FCF + change in debt)Rs 3 Cr
Cash from ops / profit, 5 years0.37x
Sales to cash flow50.16x
Statement figures
Net sales (TTM)Rs 88 Cr
Net sales (latest year)Rs 89 Cr
Sales (latest quarter)Rs 22 Cr
Operating profit excl. other income (latest year)Rs 12 Cr
Operating profit (latest quarter)Rs 3 Cr
Other income (TTM)Rs 4 Cr
EBITDA (TTM)Rs 16 Cr
PBDT (TTM)Rs 16 Cr
Profit before tax (TTM)Rs 15 Cr
Tax (latest year)Rs 3 Cr
Net profit (TTM)Rs 11 Cr
Net profit (latest year)Rs 11 Cr
Net profit (latest quarter)Rs 2 Cr
Depreciation (TTM)Rs 2 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 69 Cr
Total expenditure (latest year)Rs 77 Cr
Total income (latest year)Rs 93 Cr
Share capitalRs 11 Cr
ReservesRs 40 Cr
Shareholders' fundsRs 51 Cr
Total assetsRs 68 Cr
Net blockRs 14 Cr
Capital work in progressRs 4 Cr
InvestmentsRs 19 Cr
ReceivablesRs 23 Cr
InventoryRs 7 Cr
Other liabilitiesRs 19 Cr
Shares outstanding (crore)1.09
Ownership
Promoter holding72.46% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 13.1 is at the 25th percentile of its own 8.4-year range
(median 15.8, low 5.5, high 144.8).
P/B 2.88 is at the 73th percentile (median 2.05).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 513369 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -1.1% | -2.8% | +1.7 pts |
| 1 month | -1.6% | -6.8% | +5.2 pts |
| 3 months | -12.6% | -7.6% | -5.0 pts |
| 3 years | +119.8% | +14.2% | +105.6 pts |
| 5 years | +181.1% | +27.9% | +153.2 pts |
Red flags
F-score 5 of 8| explain | Weak cash conversion Cash from operations was 35% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 14% of total assets in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹22 Cr -6.3% vs Jun 2025.
Net profit ₹2 Cr -3.4%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| AIA Engineering Ltd | 35,795 | 28.2 | 21.1 % |
| PTC Industries Ltd | 33,786 | 269 | 8.59 % |
| Happy Forgings Ltd | 19,586 | 59.8 | 18.0 % |
| Balu Forge Industries Ltd | 6,084 | 22.7 | 22.7 % |
| Steelcast Ltd | 3,779 | 41.7 | 32.3 % |
| Amic Forging Ltd | 2,764 | 90.7 | 25.2 % |
| Investment & Precision Castings Ltd | 1,516 | 102 | 14.4 % |
| Nelcast Ltd | 1,033 | 25.2 | 11.4 % |
| Synergy Green Industries Ltd | 1,012 | 9.24 % | |
| Tirupati Forge Ltd | 978 | 160 | 7.53 % |
| Neetu Yoshi Ltd | 963 | 38.5 | 31.8 % |
| Magna Electro Castings Ltd | 587 | 37.8 | 17.4 % |
| Kalyani Forge Ltd | 364 | 29.4 | 12.2 % |
| Nitin Castings Ltd | 235 | 28.9 | 15.5 % |
| Munish Forge Ltd | 217 | 20.6 | 12.0 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Krishanveer Forge Ltd?
Krishanveer Forge Ltd (513369) has a market capitalisation of Rs 153 Cr. at the 2026-10-01 close.
What is the P/E ratio of Krishanveer Forge Ltd?
Krishanveer Forge Ltd trades at a P/E of 17.0 on trailing twelve-month profit, at the 2026-10-01 close.
What were Krishanveer Forge Ltd's latest quarterly results?
In the Jun 2026 quarter, Krishanveer Forge Ltd sales was Rs 22 Cr (-6.3% vs Jun 2025) and net profit was Rs 2 Cr.