Kalyani Forge Ltd (NSE:KALYANIFRG)

Q2 2026 Kalyani Forge Ltd Earnings Call Transcript

Nov 12, 2025 / 05:30 AM GMT

Release Date Price: ₹688 (-3.61%)

Transcript

Key Points

Positve

Kalyani Forge Ltd (BOM:513509) maintained robust growth momentum despite a reduction in US tariff-related exports.
The company's domestic sales remained strong, benefiting from a post-GST cut initiated by the government.
Profitability improved with a PAT margin increase of 53% from the previous quarter, driven by cost control and operational efficiency.
EBITDA margin grew to 13%, supported by an improved product mix and strategic actions.
New export business ramped up, particularly in Europe, with SOPs commenced, indicating future growth potential.

Negative

US tariff-related export reductions led to a decrease in total income, impacting the company's revenue.
Employee costs increased, which was not commensurate with the turnover, affecting overall profitability.
The company faces ongoing challenges with US tariffs, which are expected to impact Q3 as well.
The engine and driveline revenues slightly reduced, particularly due to decreased US exports.
The company's debt levels remain a concern, with long-term debt at approximately 24 crore, necessitating careful fund management.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

KALF.NS - Kalyani Forge Ltd
Q2 2026 Kalyani Forge Ltd Earnings Call
Nov 13, 2025 / 05:30AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Yeah.

Good morning, everyone.

I welcome you to Investor analyst conference call for Q2 of Kaanifus Limited. I am Rajma Diksangi.

Before we begin, I would like to make a few disclosures on behalf of the company. This call is being recorded. Video recording and transcripts will be made available on our website and the stock exchanges portal within the requisite time period.

During this call, there might be some certain forward-looking statements based upon the current expectations and assumptions. Which may involve risk and uncertainties that may cause actual results to differ.

All the material information required to be disclosed as per the SCBLODR has been shared publicly. No UPI will be

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by FactSet. Analyst estimates data is sourced from both Refinitiv and FactSet, with priority given to Refinitiv data. Data is updated daily.