Kalyani Forge Limited (KALYANIFRG) - Net Assets

Latest as of March 2026: Rs955.44 Million INR ≈ $10.33 Million USD

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. Check Kalyani Forge Limited PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

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

Kalyani Forge Limited - Net Assets Trend (2006–2026)

This chart illustrates how Kalyani Forge Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Kalyani Forge Limited market cap and net worth.

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. Also explore KALYANIFRG year-over-year net asset growth to track the company's year-over-year net asset growth rate.

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.

Current Equity Component Breakdown (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
Sumi Indo Kabel Tbk
JK:IKBI
 $38.37 Million
OKYO PHARMA LTD SP.ADR/65
F:OK10
 $38.38 Million
UPA Corporation Bhd
KLSE:7757
 $38.38 Million
CORESTATE Capital Holding S.A
F:CCAP
 $38.38 Million
GSE Co. Ltd
KQ:053050
 $38.37 Million
Hojeon Ltd
KO:111110
 $38.34 Million
Dividend Select 15 Corp
TO:DS
 $38.34 Million
Dancomech Holdings Bhd
KLSE:5276
 $38.33 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: 3.72x
  • 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 6.53x to 3.72x 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 Rs975.25 x
2007-03-31 Rs177.10 Rs975.25 x
2008-03-31 Rs196.73 Rs975.25 x
2009-03-31 Rs194.63 Rs975.25 x
2010-03-31 Rs201.62 Rs975.25 x
2011-03-31 Rs217.02 Rs975.25 x
2012-03-31 Rs250.98 Rs975.25 x
2013-03-31 Rs272.32 Rs975.25 x
2014-03-31 Rs282.54 Rs975.25 x
2015-03-31 Rs267.79 Rs975.25 x
2016-03-31 Rs268.42 Rs975.25 x
2017-03-31 Rs280.40 Rs975.25 x
2018-03-31 Rs293.51 Rs975.25 x
2019-03-31 Rs306.66 Rs975.25 x
2020-03-31 Rs280.71 Rs975.25 x
2021-03-31 Rs275.41 Rs975.25 x
2022-03-31 Rs282.95 Rs975.25 x
2023-03-31 Rs213.58 Rs975.25 x
2024-03-31 Rs225.42 Rs975.25 x
2025-03-31 Rs246.64 Rs975.25 x
2026-03-31 Rs262.48 Rs975.25 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: $13,851,567,129
  • Average return on equity (ROE) among peers: 13.09%

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 $38.37 Million
Asahi India Glass Limited (ASAHIINDIA) $14.24 Billion 9.35% 1.65x $2.65 Billion
ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) $6.32 Billion 13.08% 0.75x $1.40 Billion
Balkrishna Industries Limited (BALKRISIND) $11.10 Billion 23.93% 2.01x $4.74 Billion
Banco Products (I) Limited (BANCOINDIA) $3.52 Billion 18.62% 0.78x $934.32 Million
Bharat Gears Limited (BHARATGEAR) $758.48 Million 0.78% 2.84x $16.69 Million
Bosch Limited (BOSCHLTD) $55.73 Billion 17.19% 0.42x $14.99 Billion
CEAT Limited (CEATLTD) $20.97 Billion 20.87% 0.97x $1.51 Billion
CIE Automotive India Limited (CIEINDIA) $8.72 Billion 5.87% 1.33x $1.59 Billion
Craftsman Automation Limited (CRAFTSMAN) $11.36 Billion 14.36% 1.36x $3.15 Billion
Divgi Torqtransfer Systems Limited (DIVGIITTS) $5.80 Billion 6.85% 0.11x $373.81 Million

About Kalyani Forge Limited

NSE:KALYANIFRG India Auto Parts
Market Cap
$38.37 Million
Rs3.55 Billion INR
Market Cap Rank
#22975 Global
#1261 in India
Share Price
Rs975.25
Change (1 day)
-3.96%
52-Week Range
Rs533.90 - Rs1125.25
All Time High
Rs1125.25
Categories
Companies in India Auto Parts
About

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