Kalyani Forge Limited Net Assets
Kalyani Forge Limited net assets. Based on the latest financial reports, Kalyani Forge Limited (KALYANIFRG) has net assets worth Rs955.44 Million INR (≈ $10.33 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs2.51 Billion ≈ $27.20 Million USD) and total liabilities (Rs1.56 Billion ≈ $16.86 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore net asset momentum of Kalyani Forge Limited to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs955.44 Million |
| % of Total Assets | 37.99% |
| Annual Growth Rate | 2.86% |
| 5-Year Change | -7.18% |
| 10-Year Change | -6.34% |
| Growth Volatility | 8.92 |
Net Assets of Kalyani Forge Limited (2006–2026)
Net assets of Kalyani Forge Limited from 2006 to 2026. This chart illustrates how Kalyani Forge Limited's net assets have evolved over time, based on quarterly financial data. See how leveraged is Kalyani Forge Limited's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for Kalyani Forge Limited (2006–2026)
The table below shows the annual net assets of Kalyani Forge Limited from 2006 to 2026. For live market cap and overall valuation, see Kalyani Forge Limited (KALYANIFRG) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs955.44 Million ≈ $10.33 Million |
+6.53% |
| 2025-03-31 | Rs896.87 Million ≈ $9.70 Million |
+9.37% |
| 2024-03-31 | Rs820.07 Million ≈ $8.87 Million |
+5.54% |
| 2023-03-31 | Rs777.02 Million ≈ $8.40 Million |
-24.52% |
| 2022-03-31 | Rs1.03 Billion ≈ $11.13 Million |
+2.74% |
| 2021-03-31 | Rs1.00 Billion ≈ $10.84 Million |
-1.89% |
| 2020-03-31 | Rs1.02 Billion ≈ $11.04 Million |
-8.46% |
| 2019-03-31 | Rs1.12 Billion ≈ $12.07 Million |
+4.48% |
| 2018-03-31 | Rs1.07 Billion ≈ $11.55 Million |
+4.68% |
| 2017-03-31 | Rs1.02 Billion ≈ $11.03 Million |
+4.46% |
| 2016-03-31 | Rs976.50 Million ≈ $10.56 Million |
+0.23% |
| 2015-03-31 | Rs974.23 Million ≈ $10.54 Million |
-5.22% |
| 2014-03-31 | Rs1.03 Billion ≈ $11.12 Million |
+3.75% |
| 2013-03-31 | Rs990.70 Million ≈ $10.71 Million |
+8.50% |
| 2012-03-31 | Rs913.07 Million ≈ $9.87 Million |
+15.65% |
| 2011-03-31 | Rs789.51 Million ≈ $8.54 Million |
+7.64% |
| 2010-03-31 | Rs733.50 Million ≈ $7.93 Million |
+3.59% |
| 2009-03-31 | Rs708.07 Million ≈ $7.66 Million |
-1.07% |
| 2008-03-31 | Rs715.69 Million ≈ $7.74 Million |
+11.08% |
| 2007-03-31 | Rs644.29 Million ≈ $6.97 Million |
+18.57% |
| 2006-03-31 | Rs543.40 Million ≈ $5.88 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Kalyani Forge Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 76365900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Kalyani Forge Limited Net Assets Breakdown (March 2026)
Kalyani Forge Limited net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs763.66 Million | 79.93% |
| Common Stock | Rs36.39 Million | 3.81% |
| Other Components | Rs155.39 Million | 16.26% |
| Total Equity | Rs955.44 Million | 100.00% |
Kalyani Forge Limited Competitors by Market Cap
The table below lists competitors of Kalyani Forge Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Culp, Inc. Common Stock
NYSE:CULP
|
$34.82 Million |
|
Total Soft Bank Ltd
KQ:045340
|
$34.85 Million |
|
US Energy Corp
NASDAQ:USEG
|
$34.85 Million |
|
Salter Brothers Emerging Companies Ltd
AU:SB2
|
$34.86 Million |
|
Monnari Trade S.A.
WAR:MON
|
$34.82 Million |
|
Israel Acquisitions Corp Class A
NASDAQ:ISRL
|
$34.81 Million |
|
Mister Spex SE
F:MRX
|
$34.81 Million |
|
KB SPAC 7
KQ:214270
|
$34.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kalyani Forge Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 896,872,000 to 955,438,000, a change of 58,566,000 (6.5%).
- Net income of 93,174,000 contributed positively to equity growth.
- Dividend payments of 14,500,000 reduced retained earnings.
- Other comprehensive income decreased equity by 86,226,000.
- Other factors increased equity by 66,118,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs93.17 Million | +9.75% |
| Dividends Paid | Rs14.50 Million | -1.52% |
| Other Comprehensive Income | Rs-86.23 Million | -9.02% |
| Other Changes | Rs66.12 Million | +6.92% |
| Total Change | Rs- | 6.53% |
Book Value vs Market Value Analysis
This analysis compares Kalyani Forge Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.37x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 5.92x to 3.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs149.37 | Rs885.00 | x |
| 2007-03-31 | Rs177.10 | Rs885.00 | x |
| 2008-03-31 | Rs196.73 | Rs885.00 | x |
| 2009-03-31 | Rs194.63 | Rs885.00 | x |
| 2010-03-31 | Rs201.62 | Rs885.00 | x |
| 2011-03-31 | Rs217.02 | Rs885.00 | x |
| 2012-03-31 | Rs250.98 | Rs885.00 | x |
| 2013-03-31 | Rs272.32 | Rs885.00 | x |
| 2014-03-31 | Rs282.54 | Rs885.00 | x |
| 2015-03-31 | Rs267.79 | Rs885.00 | x |
| 2016-03-31 | Rs268.42 | Rs885.00 | x |
| 2017-03-31 | Rs280.40 | Rs885.00 | x |
| 2018-03-31 | Rs293.51 | Rs885.00 | x |
| 2019-03-31 | Rs306.66 | Rs885.00 | x |
| 2020-03-31 | Rs280.71 | Rs885.00 | x |
| 2021-03-31 | Rs275.41 | Rs885.00 | x |
| 2022-03-31 | Rs282.95 | Rs885.00 | x |
| 2023-03-31 | Rs213.58 | Rs885.00 | x |
| 2024-03-31 | Rs225.42 | Rs885.00 | x |
| 2025-03-31 | Rs246.64 | Rs885.00 | x |
| 2026-03-31 | Rs262.48 | Rs885.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kalyani Forge Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.75%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.97%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 2.63x
- Recent ROE (9.75%) is above the historical average (5.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 18.98% | 6.99% | 1.30x | 2.09x | Rs48.81 Million |
| 2007 | 17.11% | 6.07% | 1.28x | 2.21x | Rs45.83 Million |
| 2008 | 13.18% | 5.00% | 0.98x | 2.69x | Rs22.73 Million |
| 2009 | 1.32% | 0.58% | 0.90x | 2.54x | Rs-61.47 Million |
| 2010 | 4.51% | 2.04% | 0.89x | 2.48x | Rs-40.26 Million |
| 2011 | 8.17% | 2.79% | 1.09x | 2.68x | Rs-14.49 Million |
| 2012 | 14.69% | 4.82% | 1.28x | 2.37x | Rs42.83 Million |
| 2013 | 8.91% | 3.42% | 1.18x | 2.21x | Rs-10.79 Million |
| 2014 | 4.65% | 2.37% | 0.96x | 2.04x | Rs-54.99 Million |
| 2015 | -2.32% | -0.94% | 1.19x | 2.07x | Rs-120.04 Million |
| 2016 | 1.13% | 0.49% | 1.14x | 2.03x | Rs-86.62 Million |
| 2017 | 3.41% | 1.54% | 0.96x | 2.32x | Rs-67.18 Million |
| 2018 | 6.15% | 2.54% | 1.10x | 2.20x | Rs-41.14 Million |
| 2019 | 6.24% | 2.43% | 1.26x | 2.03x | Rs-41.93 Million |
| 2020 | -6.78% | -3.46% | 1.08x | 1.81x | Rs-171.37 Million |
| 2021 | -1.76% | -0.98% | 0.98x | 1.83x | Rs-117.80 Million |
| 2022 | 3.04% | 1.27% | 1.34x | 1.78x | Rs-71.61 Million |
| 2023 | -0.24% | -0.07% | 1.47x | 2.32x | Rs-79.54 Million |
| 2024 | 5.55% | 1.93% | 1.15x | 2.50x | Rs-36.51 Million |
| 2025 | 9.27% | 3.51% | 1.03x | 2.57x | Rs-6.54 Million |
| 2026 | 9.75% | 3.97% | 0.93x | 2.63x | Rs-2.37 Million |
Industry Comparison
This section compares Kalyani Forge Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $17,827,559,473
- Average return on equity (ROE) among peers: 12.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kalyani Forge Limited (KALYANIFRG) | Rs955.44 Million | 18.98% | 1.63x | $34.82 Million |
| Asahi India Glass Limited (ASAHIINDIA) | $2.16 Billion | 7.78% | 8.56x | $2.71 Billion |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $5.19 Billion | 20.62% | 0.68x | $1.24 Billion |
| Balkrishna Industries Limited (BALKRISIND) | $6.81 Billion | 31.82% | 1.40x | $4.69 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $13.03 Billion | 30.07% | 1.18x | $942.21 Million |
| Bharat Gears Limited (BHARATGEAR) | $758.48 Million | 0.78% | 2.84x | $16.44 Million |
| Bosch Limited (BOSCHLTD) | $98.13 Billion | 4.91% | 0.50x | $16.24 Billion |
| CEAT Limited (CEATLTD) | $24.44 Billion | 14.78% | 1.04x | $1.49 Billion |
| CIE Automotive India Limited (CIEINDIA) | $19.02 Billion | -4.11% | 1.62x | $1.44 Billion |
| Craftsman Automation Limited (CRAFTSMAN) | $5.34 Billion | 8.35% | 1.88x | $3.02 Billion |
| Divgi Torqtransfer Systems Limited (DIVGIITTS) | $3.40 Billion | 13.57% | 0.19x | $310.19 Million |
About Kalyani Forge Limited
Kalyani Forge Limited, an engineering company, manufactures and sells forged, machined, and assembled products in India. The company offers engine components, including connecting rod, crank and cam shafts, retainer and cross head valves, injector clamp, rocker arm, balance weight, cam lobe, and others; driveline parts, such as tulips, inner and outer race, tripod, spider, yoke shaft, double yoke… Read more