About Kalyani Forge Limited
Data last updated:
Kalyani Forge Limited is a public limited company based in Pune, Maharashtra, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 29 January 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN L28910MH1979PLC020959. Its GSTIN is 27AAACK7311H1ZQ (Maharashtra). Its shares are listed on BSE: 513509 and NSE: BE : KALYANIFRG.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹3.64 Cr. It was formerly known as Ellora Engineering Company Pvt Ltd and Ellora Engineering Company Ltd. It is led by directors including Viraj Gaurishankar Kalyani (Managing Director) and Rohini Gaurishankar Kalyani.
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shangrila Gardensc Wings 1st Floor Opp Bund Garden, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2025, the company reported a revenue of ₹239.15 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹8.31 Cr (net margin 3.5%) and EBITDA of ₹26.51 Cr (EBITDA margin 11.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 3% over five years.
The company is associated with 1 brand: Kalyani Forge. As per MCA filings, the company has open charges of ₹135.95 Cr and satisfied charges of ₹481.51 Cr on record. Court records list 125 cases involving the company, including 64 filed by the company and 56 filed against it; 35 cases are pending. The company has 10 deals on record (10 market trades); the latest was in July 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kalyaniforge.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressShangrila Gardensc Wings 1st Floor Opp Bund Garden, Pune, Maharashtra, India – 411001
- IndustryEngineering, Metal Foundry & Fabrication Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Kalyani Forge Limited
The main business activity of Kalyani Forge is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Kalyani Forge Limited FY 2025 filings available
Kalyani Forge Limited reported revenue of ₹239.15 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Kalyani Forge Limited
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 50% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Kalyani Forge Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹26.51 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.31 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Kalyani Forge Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Kalyani Forge are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Kalyani Forge Limited
Kalyani Forge Limited is audited by K. S. Aiyar& Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K. S. Aiyar& Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Kalyani Forge Limited
Kalyani Forge has 7 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohini Gaurishankar Kalyani Also directs: Rajgad Trading Co Pvt Ltd, Toyam Investment Private Limited, Jannhavi Investment Pvt Ltd and 5 more | Director | 16 Oct 2013 | 12 Years 11 Months | Current |
| Abhijit Sen Also directs: Asirvad Micro Finance Limited, Credila Financial Services Limited | Director | 02 Feb 2016 | 10 Years 8 Months | Current |
| Gaurishankar Neelkanth Kalyani | Director | 26 Apr 2003 | 23 Years 5 Months | Current |
| Viraj Gaurishankar Kalyani Also directs: Aboli Investment Private Limited, Kalyani Consultants Private Limited, Kalyani Exports and Investments Private Limited and 5 more | Managing Director | 17 May 2013 | 13 Years 4 Months | Current |
| Viswanathan Swaminathan | Additional Director | 12 Nov 2025 | 0 Years 10 Months | Current |
| Jeevan Mahaldar | Director | 30 May 2024 | 2 Years 4 Months | Current |
Ownership and Shareholding of Kalyani Forge Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Kalyani Forge Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Mar 2025 | Others | ₹53 Cr | Open |
| 01 Jul 2024 | State Bank of India | ₹22.95 Cr | Open |
| 29 Jul 2023 | Others | ₹25 Cr | Open |
| 27 Jul 2021 | Hdfc Bank Limited | ₹35 Cr | Open |
| 21 Feb 2022 | State Bank of India | ₹11.5 Cr | Satisfied |
Total charge records: 28 View all charges
Deals & Funding of Kalyani Forge Limited
Kalyani Forge Limited has 10 deals on record (10 market trades); the latest was in July 2017.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2017 | Market trade | ₹68.7 Lakh | Seller: Amrit Steels Private Limited |
| Aug 2015 | Market trade | ₹74.5 Lakh | Buyer: Amrit Steel Private Limited Seller: Delhi Iron and Steel Company Private Limited |
| Sep 2009 | Market trade | ₹45.7 Lakh | Buyer: Delhi Iron & Steel P.Ltd. Seller: Amrut Steel P.Ltd. |
| Aug 2009 | Market trade | ₹46.3 Lakh | Buyer: Amrut Steel P.Ltd. |
| Mar 2009 | Market trade | ₹43.3 Lakh | Seller: Equity Intelligence India Private Limited |
Full deal history
All 10 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Kalyani Forge Limited
Kalyani Forge Limited has 125 court cases on record: 64 filed by Kalyani Forge, 56 filed against it, 5 where it is another party. 35 cases are pending and 90 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 96 | 40 | 30 |
| High courts | 28 | 16 | 5 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 125)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Execution petition | Filed against the company by Trigo Quality Production Services Private Limited | Pending |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed by the company against Amul Auto Components Private Limited | Pending |
| Bombay High Court | Arbitration matter | Filed against the company by Trigo Quality Production Services Private Limited | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by Pro Facilities Services Private Limited | Disposed |
| District court, Pune, Maharashtra | Court case (R.C.C.) | Filed by the company against G.V. Films Limited | Disposed |
Full case history
All 125 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Kalyani Forge Limited
Kalyani Forge operates one associated brand: Kalyani Forge. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures forged and machined components for automotive, construction, and industrial applications. | kalyaniforge.co.in |
Employees and EPFO Compliance at Kalyani Forge Limited
Employment history and EPFO contributions of people linked to Kalyani Forge.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Kalyani Forge Limited
Kalyani Forge has undergone 2 name changes throughout its history. The company was previously known as Ellora Engineering Company Pvt Ltd, and Ellora Engineering Company Ltd. The current legal name is Kalyani Forge Limited.
| Company Name | Status |
|---|---|
| Kalyani Forge Limited | Current |
| Ellora Engineering Company Pvt Ltd | Previous |
| Ellora Engineering Company Ltd | Previous |
News related to Kalyani Forge Limited
Recent Activity on Kalyani Forge Limited
Kalyani Forge Limited has 29 board changes on record since 1982: 18 appointments and 11 cessations. The latest: Viswanathan Swaminathan was appointed as Additional Director on 12 Nov 2025.
79 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Kalyani Forge Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Kalyani Forge Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Kalyani Forge Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Kalyani Forge Limited
Kalyani Forge has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK7311H1ZQ | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Kalyani Forge Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Kalyani Forge Limited
Kalyani Forge is an active public limited company based in Pune, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 29 January 1979 (47+ years old) and is registered under CIN L28910MH1979PLC020959. Listed on BSE: 513509 and NSE: BE : KALYANIFRG.
Kalyani Forge reported revenue of ₹239.15 Cr for FY 2025 (down 1% YoY).
Kalyani Forge has 7 current directors:
- Viraj Gaurishankar Kalyani - Managing Director
- Rohini Gaurishankar Kalyani - Director
- Abhijit Sen - Director
- Gaurishankar Neelkanth Kalyani - Director
- Viswanathan Swaminathan - Additional Director
- Jeevan Mahaldar - Director
- Ajay Hari Tandon - Director
Kalyani Forge reported a net profit of ₹8.31 Cr (net margin 3.5%) and EBITDA of ₹26.51 Cr (EBITDA margin 11.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kalyani Forge is -1% over three years and 3% over five years. In the latest year (FY 2025) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kalyani Forge is 27AAACK7311H1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kalyani Forge is L28910MH1979PLC020959. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Kalyani Forge is listed on both BSE (code: 513509) and NSE (symbol: BE : KALYANIFRG).
Kalyani Forge has 125 court cases on record: 64 filed by the company and 56 filed against it. 35 are pending. Most are in the district courts.
Kalyani Forge was incorporated on 29 January 1979, making it 47+ years old. It is registered with the Registrar of Companies, Pune.