Krishanveer Forge logo

Krishanveer Forge share price

BSE: 513369Industrial ProductsSmall Cap

Last close ₹124.55down ₹5.35 (4.12%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹129.90.

52-week range of traded prices to 23 Oct 2026
₹106.00Low, 7 Apr 2026₹184.00High, 6 Jul 2026
Market cap
₹136 Cr2,653rd largest listed
P/E
12.1
P/E without one-offs
15.9
P/B
2.6
Dividend yield
2.41%
ROE
24.1%
ROE without one-offs
18.2%
ROCE
21.4%
Debt to equity
−0.04
Volume, BSE
2,816

Share price

Daily closes since Mar 2008, adjusted for splits and bonuses

−14.7%over a year

Dividend20-session average 2,100 shares a day

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 5 Aug

Revenue
₹22 Crdown 9.07%
Net profit
₹2.00 Crdown 65.31%
Net margin
9.0%

Revenue by year

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 1 of the 10 years shown

The years either side of a change of basis do not compare. From the year to Mar 2018, the company's revenue for that year, ₹29 Cr, differs from its quarters added, ₹26 Cr. From the year to Mar 2019, the company's revenue for that year, ₹61 Cr, differs from its quarters added, ₹57 Cr. From the year to Mar 2020, the company's revenue for that year, ₹51 Cr, differs from its quarters added, ₹55 Cr.

₹ croreSep 2024Filed 9 NovDec 2024Filed 7 FebMar 2025Filed 20 JunJun 2025Filed 13 AugSep 2025Filed 12 NovDec 2025Filed 10 FebMar 2026Filed 11 JunJun 2026Filed 5 Aug
Revenue20.118.219.823.621.020.324.322.1
Net profit1.21.21.42.11.81.85.82.0
Net margin6.1%6.7%7.3%8.8%8.5%8.7%23.6%9.0%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Open die forging, which carries all its revenue.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the years to Mar 2018, Mar 2019 and Mar 2020: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 29% of 1,863 trading days since Jun 2018.

LowestHighest
Its median18.6Industry median23.5
Price to book

At or below today's level on 72% of 1,853 trading days since Nov 2018.

LowestHighest
Its median1.8Industry median2.7
EV to EBITDA10.9

At or below today's level on 53% of 1,853 trading days since Nov 2018.

LowestHighest
Its median10.6Industry median24.9
Dividend yield

At or below today's level on 98% of 2,272 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median0.50%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+53.7%+101.9%−25.2%2.7%
3 years+44.5%+90.6%−25.7%2.8%
5 years+25.4%+26.0%−1.8%1.7%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 1, 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2026.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters72.47%
  • Individuals and others27.53%
Holder
Western India Forgings Private LimitedPromoter65.82%
Arun Krishankumar JindalPromoter6.64%
Investor Education and Protection Fund Authority Ministry of Corporate AffairsInvestor education fund6.60%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Castings & Forgings, 30 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Krishanveer Forge in market cap. 1 company in the table last traded before then: its row is priced on its last trade.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Kalyani Forge logoKalyani ForgeKALYANIFRG26221.12.711.2−2.8%+32.2%13.4%11.0%0.56%
Nitin Castings logoNitin CastingsNITINCAST22429.42.424.9−5.2%−46.3%8.7%6.7%0.00%
Munish Forge logoMunish ForgeMUNISH19319.11.510.8––8.0%9.6%0.00%
Gujarat Intrux logoGujarat IntruxGUJINTRX14714.02.29.9+11.2%+5.6%15.8%19.4%5.84%
KVS Castings logoKVS CastingsKVSCASTING13118.52.0–––10.8%–0.00%
Sharp Chucks and Machines logoSharp Chucks and MachinesSCML12615.2––+11.5%+4.2%8.9%–0.00%
Samrat Forgings logoSamrat ForgingsSAMRATFORG10422.62.511.7+2.1%−4.7%11.7%8.8%0.00%
Smiths & Founders (India) logoSmiths & Founders (India)SMFIL9368.64.480.3––6.6%4.1%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹3.00 a share, year to Mar 2026.
Ex-dateTypePer share
11 Sep 2026Final₹3.00
12 Sep 2025Final₹2.50
6 Sep 2024Final₹2.00
2 Aug 2013Final₹1.50
3 Aug 2012Final₹1.50
12 Sep 2011Final₹1.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Krishanveer Forge share price by year

Each calendar year to 2025.Krishanveer Forge share price history

YearClose at year endChangeHighest closeLowest close
2025148.75+43.0%150.3067.54
2024104.00+58.8%157.0563.16
202365.48+37.0%78.9637.20
202247.80−0.2%59.1040.15
202147.90+64.0%68.1530.50
202029.20+15.9%32.8017.90
201925.20−45.3%45.8523.80
201846.10−14.6%66.8032.00
201754.00+2.3%74.3541.00
201652.80+115.1%52.8016.65
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
23 Oct 2026125.65131.90122.00124.55126.212,816
22 Oct 2026149.00149.00128.00129.90130.381,874
21 Oct 2026141.00145.00132.00133.25139.072,368
19 Oct 2026141.40148.00141.40146.75146.24728
16 Oct 2026147.00147.00135.00145.00143.013,329
15 Oct 2026134.05142.25134.05140.50139.67710
14 Oct 2026146.95146.95132.75137.60138.21670
13 Oct 2026136.00158.85131.65141.15139.362,554
12 Oct 2026136.00136.95131.65136.10132.344,649
9 Oct 2026137.60137.60130.20132.00131.932,777
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
KRISHANVEER FORGE LIMITED
BSE code
513369
ISIN
INE013J01016
Industry
Industrial Products
Listed
Oct 1992
Face value
₹10
CIN
L28910PN1990PLC056985
Corporate identity number, the registrar of companies' code for it