Kalyani Forge Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Kalyani Forge reported Q1 FY27 revenue of ₹67.07 crore, up 3.9% year-on-year and 13.2% quarter-on-quarter, with PAT of ₹4.48 crore, up over 218% year-on-year. EBITDA margin rose to an all-time high of 16.2%, up 640 basis points year-on-year, while ROCE crossed 20% for the first time. Management attributed the improvement to operating leverage, cost-saving initiatives under the Vriddhi Council, business mix optimisation toward OEM customers, and reduced working capital cycle days.
Kalyani Forge reported FY26 profit after tax of Rs. 9.32 crores, its highest in around 14 years, with FY26 EBITDA of Rs. 31.58 crores at a 13.3% margin, up from 11.1% in FY25. Q4 FY26 EBITDA margin was 15.2%, the second consecutive quarter above 15%, while management said revenue was flat year-on-year after phasing out roughly Rs. 40 crores of legacy low-margin business. Management described new order wins from customers including SKF and Schaeffler, a capex plan of Rs. 30 crores for FY27, and ongoing initiatives in plant engineering, supply chain strengthening, and a clean audit roadmap.