Kalyani Forge Limited (KALYANIFRG) - Net Assets
Based on the latest financial reports, Kalyani Forge Limited (KALYANIFRG) has net assets worth Rs920.17 Million INR (≈ $9.95 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs2.59 Billion ≈ $27.97 Million USD) and total liabilities (Rs1.67 Billion ≈ $18.02 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 liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs920.17 Million |
| % of Total Assets | 35.57% |
| Annual Growth Rate | 2.67% |
| 5-Year Change | -10.49% |
| 10-Year Change | -8.15% |
| Growth Volatility | 9.11 |
Kalyani Forge Limited - Net Assets Trend (2006–2025)
This chart illustrates how Kalyani Forge Limited's net assets have evolved over time, based on quarterly financial data. Also explore Kalyani Forge Limited total assets for the complete picture of this company's asset base.
Annual Net Assets for Kalyani Forge Limited (2006–2025)
The table below shows the annual net assets of Kalyani Forge Limited from 2006 to 2025. For live valuation and market cap data, see KALYANIFRG company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 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 70509300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs705.09 Million | 78.62% |
| Common Stock | Rs36.39 Million | 4.06% |
| Other Comprehensive Income | Rs86.23 Million | 9.61% |
| Other Components | Rs69.16 Million | 7.71% |
| Total Equity | Rs896.87 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 |
|---|---|
|
ecotel communication ag
XETRA:E4C
|
$23.74 Million |
|
Unlimited Travel Group UTG AB (publ)
ST:UTG
|
$23.74 Million |
|
Talam Transform Bhd
KLSE:2259
|
$23.74 Million |
|
Genius Group Ltd
NYSE MKT:GNS
|
$23.75 Million |
|
ChemX Materials Ltd
AU:CMX
|
$23.74 Million |
|
KARO INVEST a.s.
PR:KARIN
|
$23.73 Million |
|
Ntaw Holdings Ltd
AU:NTD
|
$23.73 Million |
|
RN2 Technologies Co. Ltd
KQ:148250
|
$23.72 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 2024 to 2025, total equity changed from 820,072,000 to 896,872,000, a change of 76,800,000 (9.4%).
- Net income of 83,148,000 contributed positively to equity growth.
- Dividend payments of 10,221,000 reduced retained earnings.
- Other comprehensive income increased equity by 4,565,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs83.15 Million | +9.27% |
| Dividends Paid | Rs10.22 Million | -1.14% |
| Other Comprehensive Income | Rs4.57 Million | +0.51% |
| Other Changes | Rs-692.00K | -0.08% |
| Total Change | Rs- | 9.37% |
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: 2.45x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.04x to 2.45x 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 | Rs603.35 | x |
| 2007-03-31 | Rs177.10 | Rs603.35 | x |
| 2008-03-31 | Rs196.73 | Rs603.35 | x |
| 2009-03-31 | Rs194.63 | Rs603.35 | x |
| 2010-03-31 | Rs201.62 | Rs603.35 | x |
| 2011-03-31 | Rs217.02 | Rs603.35 | x |
| 2012-03-31 | Rs250.98 | Rs603.35 | x |
| 2013-03-31 | Rs272.32 | Rs603.35 | x |
| 2014-03-31 | Rs282.54 | Rs603.35 | x |
| 2015-03-31 | Rs267.79 | Rs603.35 | x |
| 2016-03-31 | Rs268.42 | Rs603.35 | x |
| 2017-03-31 | Rs280.40 | Rs603.35 | x |
| 2018-03-31 | Rs293.51 | Rs603.35 | x |
| 2019-03-31 | Rs306.66 | Rs603.35 | x |
| 2020-03-31 | Rs280.71 | Rs603.35 | x |
| 2021-03-31 | Rs275.41 | Rs603.35 | x |
| 2022-03-31 | Rs282.95 | Rs603.35 | x |
| 2023-03-31 | Rs213.58 | Rs603.35 | x |
| 2024-03-31 | Rs225.42 | Rs603.35 | x |
| 2025-03-31 | Rs246.64 | Rs603.35 | 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): 9.27%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.51%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 2.57x
- Recent ROE (9.27%) is above the historical average (5.76%), 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 |
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: $20,558,196,000
- Average return on equity (ROE) among peers: 17.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kalyani Forge Limited (KALYANIFRG) | Rs920.17 Million | 18.98% | 1.81x | $23.74 Million |
| Asahi India Glass Limited (ASAHIINDIA) | $12.88 Billion | 11.93% | 2.00x | $2.31 Billion |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $10.43 Billion | 23.74% | 0.84x | $937.98 Million |
| Balkrishna Industries Limited (BALKRISIND) | $50.08 Billion | 19.16% | 0.36x | $4.52 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $9.82 Billion | 15.53% | 0.56x | $956.83 Million |
| Bharat Gears Limited (BHARATGEAR) | $393.44 Million | 22.33% | 3.35x | $17.81 Million |
| Bosch Limited (BOSCHLTD) | $47.28 Billion | 23.74% | 0.51x | $11.48 Billion |
| CEAT Limited (CEATLTD) | $5.13 Billion | 28.95% | 2.06x | $1.50 Billion |
| CIE Automotive India Limited (CIEINDIA) | $49.08 Billion | 2.17% | 0.94x | $1.94 Billion |
| Craftsman Automation Limited (CRAFTSMAN) | $17.52 Billion | 17.38% | 1.69x | $1.98 Billion |
| Divgi Torqtransfer Systems Limited (DIVGIITTS) | $2.96 Billion | 12.86% | 0.23x | $238.35 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