Kalyani Forge Limited · NSE:KALYANIFRG
Kalyani Forge — Q1 FY26 Earnings Presentation
18 slides from Kalyani Forge's earnings presentation, Aug 14, 2025
Slide 1: Exchange filing cover letter
August 14, 2025 To, Bombay Stock Exchange Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Tower, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Fort, Mumbai-400001 Bandra (E), Mumbai-400051 Scrip Code: 513509 Symbol: KALYANIFRG Dear Sir/Madam, Sub: Investor Presentation fo
Slide 2: Investor Presentation Q1 FY26
Investor Presentation FROM BOLD Q1 FY26 14th August 2025 DECISIONS TO TANGIBLE GAINS
Slide 3: Safe Harbour Statement
Safe Harbour Statement This presentation contains forward-looking statements regarding Kalyani Forge Ltd.’s outlook, strategies, business plans, expectations, and potential growth in the Indian and global markets. These statements are based on assumptions and information currently available to manag
Slide 4: Notable Highlights of the Quarter
Notable Highlights of the Quarter • Robust Growth Momentum – Revenue up 12% YoY and 9% QoQ, driven by ramp up in machined conrods, driveline and axle businesses. • Profitability Strengthened – PAT margin improved by 300% YoY through cost control, operational efficiency, and product mix optimization.
Slide 5: Our Product Offerings
Our Product Offerings Critical, high performance components, leveraging decades of expertise Engine Driveline Connecting rod Crankshaft Outer Race Tulip Inner Race Tripod Double Yoke Yoke Shaft Gear Blanks Axle Stub Axle Steering Knuckle Wheel Hub 8/14/2025 Confidential, Investor Presentation, Kalya
Slide 6: KFL Growth Formula
KFL Growth Formula 1. Strong 2. Business 3. Capex Growth Execution Development 8/14/2025 Confidential, Investor Presentation, Kalyani Forge Ltd. 5
Slide 7: 1. Strong Execution - Financial Results
1. Strong Execution - Financial Results Total Income PAT Rs. Cr. 66.00 64.52 4.50 3.92 64.00 62.85 4.00 3.50 62.00 3.00 60.00 59.37 59.33 2.50 2.22 1.82 57.58 2.00 58.00 1.40 1.50 56.00 1.00 0.35 0.50 54.00 - Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 EBITDA Rs. Cr. EBITDA % 9.00 8.
Slide 8: 1. Strong Execution – Sales by Product Group
1. Strong Execution – Sales by Product Group Total Sales Engine Segment YoY QoQ 66.0 40.0 Total Sales 12% 9% 64.0 38.0 62.0 36.0 Engine 16% 8% 60.0 34.0 Driveline 42% 10% 58.0 32.0 Axle 124% 30% 56.0 30.0 54.0 28.0 Q1 FY25 Q2 FY25 Q3 FY25 Q4FY25 Q1 FY26 Q1 FY25 Q2 FY25 Q3 FY25 Q4FY25 Q1 FY26 Driveli
Slide 9: Strong Execution – Sales by Geography
Strong Execution – Sales by Geography Segment YoY QoQ • Exports sales are at 21% of total Domestic 30% 2% sales, up 25% QoQ Exports -8% 25% • Europe Sales have grown with increased demand Europe Sales • Successfully ramped up high volume 12.0 export businesses across the board Rs. Cr. 10.2 10.0 9.3
Slide 10: 2. Business Development
2. Business Development New Order Wins Rs. Cr. 140 • New Business Order Wins in FY25 of Rs. 115 115.99 120 95.17 cr 100 80 • These represent peak annual revenue 60 40 • Typically orders have a program lifetime of 20 5 to 10 years 4.11 7.80 0 - FY21 FY22 FY23 FY24 FY25 • One new machined connecting r
Slide 11: 2. Business Development - Customer Awards
2. Business Development - Customer Awards • Received two customer awards in Q1: • Technology and Support award from KOEL • Collaboration Excellence award from Mahindra 8/14/2025 Confidential, Investor Presentation, Kalyani Forge Ltd. 10
Slide 12: 3. Capex
3. Capex • Capex Budget FY26 of Rs. 25 cr approved by the Capex Allocation Committee and the Board, Capex Rs. Cr. • Rs. 4 cr. Capex items received in Q1 30.0 26.0 • New Conrod Machining line commissioned 24.4 25.0 25.0 • Forging Modernization Program initiated for profitability 20.0 improvement • 1s
Slide 13: About Kalyani Forge
About Kalyani Forge 8/14/2025 Confidential, Investor Presentation, Kalyani Forge Ltd. 12
Slide 14: Company Stats
Company Stats • Established in 1978, around 50 years in the industry • Publicly Listed on National Stock Exchange and Bombay Stock Exchange India • NSE: KALYANIFRG • BOM: 513509 • Workforce Headcount: 1,000+ • Location: Pune, Maharashtra, India • Nearest Sea Port: Mumbai (190km) • No. of Plants 5: •
Slide 15: Well diversified, leveraging common strengths
Well diversified, leveraging common strengths High volume and high value forgings in every truck Trucks Large and mature market High volume and high value forgings in every car Cars Large and mature market Steady and growing market for large engines Industrial Hedge against cyclicality of automotive
Slide 16: Company Milestones
Company Milestones 1980 and 90s 2000s: 2010s: 2020s: • Founded in 1979 by Dr. • 1st Fracture Split Conrod • Established lines for • Scaling up Machining Neelkanth Kalyani (Founder developed in India marquee global OEMs Business of Kalyani Group) • Forayed into Passenger Car • 1st Euro-6/BS VI compli
Slide 17: Leadership - Board of Directors
Leadership - Board of Directors • Deep Experience at scale • Automotive and Rohini Kalyani Viraj Kalyani Gaurishankar N. Kalyani Executive Chairperson Managing Director manufacturing Director domain knowledge • Global exposure • Strong strategic and leadership skills Ajay Tandon Jeevan Mahaldar Abhi
Slide 18: Thank You
Thank You FROM BOLD Investor Presentation Q1 FY26 DECISIONS www.kalyaniforge.com TO TANGIBLE 8/14/2025 GAINS Confidential, Investor Presentation, Kalyani Forge Ltd. 17